Newbie questions-do i need to create a product?

35 replies
Hi
I m confused on the way you can make money using IM. I mean there are so many subcategories. The main point where i m confused is, do i need (or if it is better) to create a product or service?

Also do i need to invest an amount of money on IM?
If so is there a minimum? like 1000$? Or does it depends on the product? if so is there any analogy on what i invest and what i get back? Ok i m pretty sure there isn't any objective answer on all these questions here but i just asked.

Solomos
#create #newbie #newbies #product #quest #questionsdo
  • Profile picture of the author CalinDan
    It's more likely that none of the members will take the time to answer such vague, yet wide questions. It could take well over 500 pages, and the subject could not be entirely covered.

    Do yourself a favor and start reading the forum, IM blogs, free reports, get educated in IM. And then, come back with more specific questions which everyone will gladly help you with. Get the basics down mate!

    Cheers!
    Dan
    Signature
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    • Profile picture of the author solomos
      Originally Posted by CalinDan View Post

      It's more likely that none of the members will take the time to answer such vague, yet wide questions. It could take well over 500 pages, and the subject could not be entirely covered.

      Do yourself a favor and start reading the forum, IM blogs, free reports, get educated in IM. And then, come back with more specific questions which everyone will gladly help you with. Get the basics down mate!

      Cheers!
      Dan
      You re 100% correct! Thanks for your suggestion. I ve already read a few topics but i suppose i need to read more.
      Any advice on where to start from since this is a HUGE forum with thousands of threads?
      I could also buy a course but most members here suggesting that this should be avoided and just read the forum.
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  • Profile picture of the author Miguelito203
    Originally Posted by solomos View Post

    Hi
    I m confused on the way you can make money using IM. I mean there are so many subcategories. The main point where i m confused is, do i need (or if it is better) to create a product or service?

    Also do i need to invest an amount of money on IM?
    If so is there a minimum? like 1000$? Or does it depends on the product? if so is there any analogy on what i invest and what i get back? Ok i m pretty sure there isn't any objective answer on all these questions here but i just asked.

    Solomos
    There are a number of legitimate routes you can take to make money online. Product creation is just one of them, but it's generally not one you start out with. You put out a quality product, you need to have a certain amount of knowledge -- not only about your subject matter but IM so that you can promote it and what not.

    One of the most common ways to start out making money online is via affiliate marketing (promoting other peoples' products in exchange for a commission on every sale made). This is most often done by creating a blog around a particular topic and writing product reviews and articles about stuff going on in said niche market. The income from a blog is residual and offers lots of other advantages, too.

    Another way is to start out as a ghostwriter for other marketers -- someone who does research and writes content for other marketers. The main advantage to providing a service like this is that you can often get paid upfront -- in whole or part -- before you do the work. You also get paid quickly because you get paid via Paypal. On the down side, it's like a regular job in thee sense that you only get paid per job.

    Good luck,
    Joey
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  • Profile picture of the author mikeye
    You don't actually need to create your own product to start with. That'll take you too much time to figure out unless you have a mentor to guide you through each step.

    A good way to start is affiliate marketing, i.e. selling other people's products for a commission. This may help you earn some "quick" money so you can invest into further IM education. Once you become good at it, you may consider creating your own product to teach people how they can do it as well.

    Thank about what you're good at, and maybe you can provide services to other marketers.
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  • Profile picture of the author CDarklock
    Originally Posted by solomos View Post

    I m confused on the way you can make money using IM. I mean there are so many subcategories. The main point where i m confused is, do i need (or if it is better) to create a product or service?
    Think of it like a sports team. There are players, coaches, and owners.

    The player would be a guy who uses SEO to rank his websites highly on Google. He provides neither a service nor a product. It's up to him to find the money in it once his website gets up there on Google. If he can't figure that out, he makes no money.

    The coach would be a guy who uses SEO to rank other people's websites highly on Google. He provides a service. Every time he does it, he gets paid, whether the client makes any money or not - that's not his problem.

    The owner would be a guy who writes an SEO guide or creates a tool to rank websites on Google. He owns a product. He does it once, and whenever someone buys it - whenever his "team" plays, win or lose - he gets paid.

    All of these things require different skills. The world's greatest players do not make the world's greatest coaches, and vice-versa. Similarly, playing and coaching do not prepare one for owning a team. They're very different things, which a lot of people don't grasp - they want you to have made six figures off your own blog before you teach them how to run theirs, without stopping to think that just because you MADE the money doesn't mean you understand the first damn thing about HOW, let alone how to explain it effectively through a product.

    Also do i need to invest an amount of money on IM?
    Time is money. You will invest some of each. If you invest a lot of time, you can invest only a little money. If you invest a lot of money, you can invest only a little time.
    Signature
    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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    • Profile picture of the author 4DayWeekend
      You don't need to create a product. Product creation is a good way to make money Online but it isn't the be all and end all. There are too many different ways to make money on the Internet to list here - but product creation is just one of them.

      As for investment the minimum investment is usually hosting, domain name and auto responder service. The majority of make money online methods require a website or landing page, so it's useful to have hosting.

      Any other spend should be purely on products or services that help speed up your productivity or knowledge base on the specific business model you choose.

      One of the features of make money online is the low cost barrier to entry.
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    • Profile picture of the author solomos
      Originally Posted by CDarklock View Post

      Think of it like a sports team. There are players, coaches, and owners.

      The player would be a guy who uses SEO to rank his websites highly on Google. He provides neither a service nor a product. It's up to him to find the money in it once his website gets up there on Google. If he can't figure that out, he makes no money.

      The coach would be a guy who uses SEO to rank other people's websites highly on Google. He provides a service. Every time he does it, he gets paid, whether the client makes any money or not - that's not his problem.

      The owner would be a guy who writes an SEO guide or creates a tool to rank websites on Google. He owns a product. He does it once, and whenever someone buys it - whenever his "team" plays, win or lose - he gets paid.

      All of these things require different skills. The world's greatest players do not make the world's greatest coaches, and vice-versa. Similarly, playing and coaching do not prepare one for owning a team. They're very different things, which a lot of people don't grasp - they want you to have made six figures off your own blog before you teach them how to run theirs, without stopping to think that just because you MADE the money doesn't mean you understand the first damn thing about HOW, let alone how to explain it effectively through a product.



      Time is money. You will invest some of each. If you invest a lot of time, you can invest only a little money. If you invest a lot of money, you can invest only a little time.
      thanks a lot for all your answers.

      as i understood i should start first as a player, looking at affiliate marketing and then getting on other stuff. i m not interesting in providing IM services. I m only interested in creating my own products and promoting them but again not IM related.

      I hope i ll find someone to coach/train me. From my experience so far when you start on your own with no guidence at all you loose valuable time and you maybe also get a very wrong path. It s much better to get an expert to train you.
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      • Profile picture of the author CDarklock
        Originally Posted by solomos View Post

        as i understood i should start first as a player, looking at affiliate marketing and then getting on other stuff. i m not interesting in providing IM services.
        The same divisions occur in other niches. If we were to look at the perennial favourite "dog training," you could:

        - Train dogs yourself, and be a player
        - Coach others to train dogs, and be a coach
        - Write a book about training dogs, and be an owner

        I hope i ll find someone to coach/train me. From my experience so far when you start on your own with no guidence at all you loose valuable time and you maybe also get a very wrong path. It s much better to get an expert to train you.
        The hard part is finding the right kind of expert. I've had many good coaches and trainers over the years, but sometimes there was a mismatch - we simply didn't have similar enough teaching/learning styles to do well together. I have similar issues with JVs; most of the partners I end up with are simply not very good at working in the style I expect. Conversely, I'm sure they're just as frustrated that I don't work in the style they expect; I'll be drawing out a table of contents and planning the content, and my partner will send me some PLR he downloaded and say "this would make a good chapter one."

        Apparently I don't play well with others, mostly.
        Signature
        "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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        • Profile picture of the author Steven Wagenheim
          Originally Posted by CDarklock View Post

          The same divisions occur in other niches. If we were to look at the perennial favourite "dog training," you could:

          - Train dogs yourself, and be a player
          - Coach others to train dogs, and be a coach
          - Write a book about training dogs, and be an owner



          The hard part is finding the right kind of expert. I've had many good coaches and trainers over the years, but sometimes there was a mismatch - we simply didn't have similar enough teaching/learning styles to do well together. I have similar issues with JVs; most of the partners I end up with are simply not very good at working in the style I expect. Conversely, I'm sure they're just as frustrated that I don't work in the style they expect; I'll be drawing out a table of contents and planning the content, and my partner will send me some PLR he downloaded and say "this would make a good chapter one."

          Apparently I don't play well with others, mostly.
          See, I'm very flexible and can adapt to just about anybody's style.

          I think that comes from being slightly screwed up in the head.
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          • Profile picture of the author CDarklock
            Originally Posted by Steven Wagenheim View Post

            See, I'm very flexible and can adapt to just about anybody's style.
            See, from where I sit, I just have trouble adapting to "wrong."

            Of course, my partner probably thinks I'm all sanctimonious and crap
            Signature
            "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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  • Profile picture of the author Manie Amari
    Originally Posted by solomos View Post

    The main point where i m confused is, do i need (or if it is better) to create a product or service?
    It helps for two reason. 1) It positions you as a leader in your niche. 2) You make 100% profit as vendor rather than an affiliate.



    Originally Posted by solomos View Post

    Also do i need to invest an amount of money on IM?
    Well although there is a lot of information stored in the threads here. There is nothing like experience. The quickest way to get ahead is to leverage off others that have already been to where you want to go. Hence the term "expert." Also investing in your education is investing in your business. It wouldn't hurt your business.

    Originally Posted by solomos View Post

    If so is there a minimum?
    You're over thinking the objective here. Just make sure you do your due diligence when handing over any sums of money in exchange for trainning. If it's worth $10 don't expect to make millions. However, if it's worth $1,000 then make sure your willing and capable of making good use of the information your getting.



    Manie
    PS: If your still unsure of what you want to do, then get a mentor. Find what niche you want to get into. Find the experts and become a student of the game.
    Signature

    This will NOT be up for long. Get it now whilst You still can. Btw it's FREE...
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  • Profile picture of the author solomos
    thanks again.

    suppose i do promote affiliate products. Do i need to register one domain for each product? Or can i handle it with just one domain many different products?
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    • Profile picture of the author Steven Wagenheim
      Caliban gave a great answer. Right on the money.

      Look, do yourself a favor. Go to Google and start typing in things that you're
      personally interested in that people actually buy.

      For example, I like Magic the Gathering. If I go to Google and type in Magic
      the Gathering, I'm going to find a lot of sites that in some way monetize the
      product.

      Look at THEIR business model. Look at how THEY do things.

      Then, if you're interested in creating THAT kind of site or selling THAT kind of
      product and can't quite figure out how to go about emulating their model, come
      back here and ask. THEN we can give you a more specific answer than the
      5 gazillion pages it would take to answer something so vague and general.

      Specific questions will always have a better chance of being answered than the ones you've asked in this thread.

      My 2 cents for whatever they're worth.
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      • Profile picture of the author joefizz
        Hey!

        gcb nailed it!

        You gotta decide ...are you going to market or be an affiliate!

        If you want to be a marketer, then a product is essential to build a list, trust, authority and an income.

        In the short term, PLR is the way forward for you.

        Second question. Depends what you want and what you aspirations are? A mentor will provide targeted growth but at a cost. Can be anything from $10 a month...

        Hope that helps?

        Llwyddiant!

        Joe
        Signature
        I am an Internet Marketing coach. Accelerate your performance here:
        FREE RESOURCES to help you...

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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by solomos View Post

      suppose i do promote affiliate products. Do i need to register one domain for each product? Or can i handle it with just one domain many different products?
      You can handle it with one domain for all the products in the same niche.

      Having 2+ products in the same niche has many other advantages, too: you can promote different products to the same subscribers, that way (this is often where the real money is).

      One of the advantages of being an affiliate is that your business, your site, your list and your income are not dependent on the continued success and availability of any individual product at all. You can change what you promote, if/when you need to. So think about a "niche site", not a "product site".

      There's a small list of some of the many advantages of being an affiliate (compared with being a vendor) here, if it interests you: http://www.warriorforum.com/main-int...ml#post7069913

      If you're going to be an affiliate, here are my two strongest suggestions (so that you can avoid both the commonest and the second-commonest mistakes that so many people make!) ...

      1. When you're deciding what to promote, makes sure it doesn't include any "internet marketing advice" or "make money online" products (commonest single mistake);

      2. Don't try to sell. Try to pre-sell (when you've learned the difference!). (Second commonest mistake).

      The overall success rate in internet marketing isn't all that high, unfortunately, but avoiding those two common disaster areas for new affiliates can make a huge difference to the odds as they affect you.
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      • Profile picture of the author solomos
        Originally Posted by Alexa Smith View Post

        You can handle it with one domain for all the products in the same niche.

        Having 2+ products in the same niche has many other advantages, too: you can promote different products to the same subscribers, that way (this is often where the real money is).

        One of the advantages of being an affiliate is that your business, your site, your list and your income are not dependent on the continued success and availability of any individual product at all. You can change what you promote, if/when you need to. So think about a "niche site", not a "product site".

        There's a small list of some of the many advantages of being an affiliate (compared with being a vendor) here, if it interests you: http://www.warriorforum.com/main-int...ml#post7069913

        If you're going to be an affiliate, here are my two strongest suggestions (so that you can avoid both the commonest and the second-commonest mistakes that so many people make!) ...

        1. When you're deciding what to promote, makes sure it doesn't include any "internet marketing advice" or "make money online" products (commonest single mistake);

        2. Don't try to sell. Try to pre-sell (when you've learned the difference!). (Second commonest mistake).

        The overall success rate in internet marketing isn't all that high, unfortunately, but avoiding those two common disaster areas for new affiliates can make a huge difference to the odds as they affect you.
        Thanks for your advices. I ll definately try affiliate marketing. But i also wanna create my own product as well. I wanna try forex niche but i think is a tough niche to try.
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        • If you are new first start something small like blog etc on subject you are passionate about.
          Start reading the forum , gather some knowledge and after some time (weeks maybe months) you will get some more clarity about what to do next.
          The answers will come little by little as your question is very broad , so it`s too hard to answer it in one go.
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      • Profile picture of the author johnnys229
        Originally Posted by Alexa Smith View Post


        If you're going to be an affiliate, here are my two strongest suggestions (so that you can avoid both the commonest and the second-commonest mistakes that so many people make!) ...

        1. When you're deciding what to promote, makes sure it doesn't include any "internet marketing advice" or "make money online" products (commonest single mistake);

        2. Don't try to sell. Try to pre-sell (when you've learned the difference!). (Second commonest mistake).

        The overall success rate in internet marketing isn't all that high, unfortunately, but avoiding those two common disaster areas for new affiliates can make a huge difference to the odds as they affect you.
        Why would you recommend avoiding the IM niche?
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        • Profile picture of the author Alexa Smith
          Banned
          Originally Posted by johnnys229 View Post

          Why would you recommend avoiding the IM niche?
          For many reasons ... please excuse my explaining only a very few of them, and rather briefly ...
          • To someone starting off (and this thread is headed "newbie questions", you know?) the IM niche is a highly competitive minefield in which many of the competitors are hugely experienced professionals
          • It makes no sense to be trying to advise/teach people about something of which you have no experience yourself (no, nobody wants to "share your journey" and "learn from your mistakes with you" - the ones who aren't doing the same thing themselves have seen it 100 times before and aren't interested - they want advice from people who are likely to know what they're talking about)
          • It makes no sense at all to try to sell ClickBank products in the "IM niches" for the simple and obvious reasons that so many of their intended/target customers are themselves ClickBank affiliates and however much work you do to generate the sale (and that's often a lot), they're still going to pay through their own affiliate-link (which they're allowed to) rather than through yours
          • Starting off in the IM and/or MMO niches is the single commonest mistake that newbies make and the single most universal commonality in their record of failures
          • There are more comments and explanations (I mean from others, not just mine!) in countless threads like these: http://www.warriorforum.com/main-int...-im-niche.html ... and http://www.warriorforum.com/main-int...tion-gone.html
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  • Profile picture of the author gcbmark20
    Hi Solomos,

    If you build a list of subscribers you can then have market affiliate products and your own (if you decide to create them that is) products to that list.

    This allows you to build a sustainable business without having to worry too much about buying multiple domain names etc.

    You can start by setting up your own personal I.M. blog.

    Produce content that attracts visitors to return again and again.

    You can build a list from your blog also and once your subscribers know and trust your judgements as an Internet Marketer you can direct them to your blog every time you post new and exciting content there.

    You can use PLR content and re-arrange it to make it look unique to you and your new subscribers.

    Change the front cover, title, sub-headings etc and change the content within as some PLR content can be a little outdated sometimes.

    Taking action and then re-adjusting afterwards is paramount to seeing progress in this game.

    Feel free to download the list building report below to get you started.

    Hope these tips have helped you in some shape or from my friend

    All the best!!!
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  • Profile picture of the author solomos
    thanks for all your answers. I suppose i ll do my research first, do a bit of studying and then come back with more questions about it. But i ll definately try to find a mentor/trainer. Time is very limited in our lives and that is something that everyone needs to realise. We shouldnt waste it in a wrong path when we can arrive in our destination faster.
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  • Profile picture of the author moneychain
    I suggest you get Resale Rights, Master Resale Rights or better yet Private label rights products. Just google PLR. They usually come with a squeeze page so you can get optins and a Sales Page you can send people to and the product itself and even sometimes articles to go into your Auto Responder. That's right, you need to invest in an Auto Responder. You can get one at Aweber.com. It's $1.00 for the first month and like $19.00 from there on out. You will also need to invest in a Hosting account. I would use HostGaror.com which will cost you about $100/yr. because you have to host your site on a server which they have. Next you need to invest in a Domain Name which will cost you about $10.00. I suggest LuckyRegister.com.
    They have the cheapest Domain Names out there.

    Those are the things you will need immediately to invest in but first you need to figure out what you hobbies are or what your interested in. You don't have to do IM unless you know something about one of the sub niches. Well I can't really talk because I started in IM with no Knowledge at all. Word of advise: DO NOT BUY 1 click push button sw or anyone that tells you your gonna make millions over night or even anything like that because it's unrealistic.

    Hope this helps you and good luck!

    moneychain
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    • Profile picture of the author solomos
      Originally Posted by moneychain View Post

      I suggest you get Resale Rights, Master Resale Rights or better yet Private label rights products. Just google PLR. They usually come with a squeeze page so you can get optins and a Sales Page you can send people to and the product itself and even sometimes articles to go into your Auto Responder. That's right, you need to invest in an Auto Responder. You can get one at Aweber.com. It's $1.00 for the first month and like $19.00 from there on out. You will also need to invest in a Hosting account. I would use HostGaror.com which will cost you about $100/yr. because you have to host your site on a server which they have. Next you need to invest in a Domain Name which will cost you about $10.00. I suggest LuckyRegister.com.
      They have the cheapest Domain Names out there.

      Those are the things you will need immediately to invest in but first you need to figure out what you hobbies are or what your interested in. You don't have to do IM unless you know something about one of the sub niches. Well I can't really talk because I started in IM with no Knowledge at all. Word of advise: DO NOT BUY 1 click push button sw or anyone that tells you your gonna make millions over night or even anything like that because it's unrealistic.

      Hope this helps you and good luck!

      moneychain
      Thanks. Its the first time i hear about PLR. Very interesting. Can you really make money using/selling PLR products? It justs seems to me very...unrealistic but i m a newbie here.

      Thanks for the rest of advices anyway
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  • Profile picture of the author jbsmith
    Lots of advice already, I would just add...

    1. Make sure you line-up your approach with your strengths/interests...in other words, if you hate writing or creating products, stick with affiliate marketing or delivering a service (wide scope here, could be anything from research, web design, writing, to counselling, mentoring or financial advice) . On the other hand, if you really want your own product for branding, prestige as well as making money, then go that route. You can make money with your own products, your own services, selling other people's infoproducts (information affiliate), selling physical things (e-commerce such as an Amazon affiliate or even licensing your own goods from overseas), ad revenue (based on wide content sites).

    2. If you go the route of information marketing I would recommend starting with a blog (to attract traffic and begin to build a following) - create a giveaway to both test your market and begin building a list, then test multiple affiliate products (I would do this mainly via direct links in your blog as well as through your email marketing campaign once someone signs up to your list) and then from the feedback you get offering affiliate products (knowing which ones have the highest demand) you can branch off and create your own nearly risk free as a jumping off point to building your own leveraged information product business.

    Jeff
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  • Profile picture of the author paul nicholls
    Before you create an info product there are certain skills which you will need so it`s not plain sailing

    If your fairly new i would start off providing a service and then perhaps create an info product further down the road when your a bit more experienced

    It really is down to how much you know and how experienced you are

    Paul
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    • Profile picture of the author Jill Carpenter
      Originally Posted by solomos View Post

      i m not interesting in providing IM services. I m only interested in creating my own products and promoting them but again not IM related.

      I hope i ll find someone to coach/train me.
      Originally Posted by solomos View Post

      We shouldnt waste it in a wrong path when we can arrive in our destination faster.
      Fail, and fail fast.

      I'm going to give you a different perspective from Calibans.

      I used to live on this avenue in a city in Connecticut. It was the main avenue where you could go to restaurants, stores, dry cleaners, etc.

      I could go to the dry cleaners and get a nice service of people laundering my clothes. I always saw the same faces, and I knew what to expect.

      I could go to the restaurant and be served a dish that would satisfy my appetite - but I would eventually need to come back and eat again at some point. Anyway, there too I would see the same friendly faces and felt right at home every time I went there. Of course, the waiter would get a commission based on how much he/she could sell me on.

      One of the last stores to go up before I left was the Apple Store. Apple (for me) always has the best products.

      Now imagine the internet is the Avenue.

      All kinds of things are needed. People to provide regular services (although if you own the dry cleaners you don't necessarily have to be personally doing the laundry). People who work on commissions (and it's all about regularly selling and creating a good association with who you are selling to so they will come back). And places where you can buy products (and it will be the best products that will rise to the top and have crazy people like me who will buy almost anything they offer).

      The internet is the avenue.

      Now I can tell you, each of those establishments are run very differently and the start up costs of each of those is very different as well.

      The drycleaners needs to pay rent, deal with waste from the chemicals, and really relies on steady and regular business to keep going. There was more than one dry cleaners on the block so it was in their best interest to not only provide good clean clothes but also to be friendly with returning customers who were paying their rent.

      The servers at the restaurants needed some kind of knowledge on what they were selling me. They didn't need to actually make the food, but the ones who did the best were the ones who could sweet talk me into eating more than I was planning on or trying a more expensive wine. Their tips relied on it. It didn't cost them much to get that job other than some knowledge of what they were pushing and maybe the right uniform. Again, the nice waitstaff always got my regular attention.

      The Apple Store - well, I don't know the first thing about making a computer but it is something I need. And I was also going to need some software and additional hardware to have even more fun with my initial investment! More Apple products. But I think the cost of providing computers and extras needed in a retail store, as well as the advertising costs in general is probably a bit higher than let's say that little dry cleaners (who was just local) or the investment needed to just be a waiter.

      What ever you plan to do online needs to have the same type of consideration. It is a business. The service or product you decide to provide needs to be the best of your ability and you are competing with some other local/similar businesses.

      Each of those positions requires completely different skill sets to manage. If I tossed the waiter into the drycleaners I'm sure he wouldn't have the first inkling what to do without some training. And the guy running the steamer in the back of the drycleaners - do you think he has a clue about running a major computer business?

      Here's something crazy. You don't have to provide services for IM in order to provide services on the internet.

      Anyway, surf around a bit, pick a niche, make a business plan, and run things as such.
      Signature

      "May I have ten thousand marbles, please?"

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  • Profile picture of the author ebusinesstutor
    Don't start with products or online marketing techniques. Start by doing SERIOUS research to find a hungry target audience.

    The IM niche is probably the hardest one to make money in as a newbie as there is a flood of new people who all seem to think the only way to make money online is to try to sell products to others to teach them how to make money online. Doesn't make a lot of sense, does it?

    The health field is a hugely booming one and most people ignore it. You can use the same Internet marketing techniques to make money in health, finance, hobbies, music, services or almost any field.

    Just stay away from IM unless you have something totally unique to offer.
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  • Profile picture of the author Owen Lee
    Inevitably you will hear opinions along the lines of "you don't need a product" or "affiliate marketing can make you rich."

    There has been so much hype on the internet about "easy money", and many internet marketing "gurus" brainwash people with the idea that earning millions from Adsense, affiliate marketing, CPA, etc. is a piece of cake.

    Yes, there are people who did achieve that.

    But I can guarantee that those people are a tiny fraction of the total internet marketing population.

    Now, before you ask "why can't I be one of them?", let's examine the following simple fact:

    The gurus who advocate "making easy money" are all people with products to sell, and the "gurus" who made a killing elsewhere always launch their products sooner or later.

    Honestly can you think of any affiliate marketer who made a real fortune without launching his own product? And a few weeks after his product launches, he'd display a "proof of earnings" screenshot to demonstrate the power of affiliate marketing...

    Get real!

    Do the math yourself and you'll realize that the vast majority of top internet marketers earn millions of dollars by selling their own product and creating their own affiliate program... not by selling other people's products!

    And irony is... A large portion of these products teach how to make money without a product!

    Let me clarify again... It's possible to earn some money by selling other people's product (or by becoming an Adsense publisher), but if you really want to make it big online -- you have to have your own product.
    It's much easier to earn millions of dollars with your own product(s) than depending on other people or Google.

    Does that make sense to you?

    So why do marketers create products on the topic of making easy money without a product?

    Because that sounds easier! Plus you can become an affiliate and promote their products.

    But you know what... there's really no easy money, contrary to the popular belief some "gurus" have tried to create.

    Do you really think affiliate marketing is still as easy as they claim, especially with a growing number of other affiliates around? And do you still think driving traffic to your Adsense website (assuming you have a high Click Through Rate) and making thousands per month is easy?
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  • You are not necessarily required to create a product when you want to enter the internet marketing world.
    You can also market your expertise. Evaluate yourself. What are the things that you can cater the online market? In what ways you can compete with the others? Those are the few things that you need to know before deciding on what type of business you want to create.

    Anyway, when you plan to start a service, you should keep in mind that your start will not be easy. It is really hard to prove the people that you are competitive when you are just starting. They would rather go to those known sites that offer the same service.

    You can try joining freelancing sites. Numerous clients are looking for people to work for them. Gain experience first before building your own stuff. If you have the knowledge, skills and experiences and if you feel that you can have a service of your own, then go market your own website that offers a service.
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  • Profile picture of the author raffman999
    Product creation is a great way to make money online as you generate sales and build a list; if you've already looked into this why not start there?

    As fellow warriors have mentioned there a loads of different IM avenues to go down; you should decide on one that fits with you/your life/your interests and concentrate on it initially. The biggest mistake that newbies make is jumping from one idea or product to the next without taking action; and we've all been guilty of that at some time or another.
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  • Profile picture of the author dukegman
    I think you should start off with affiliate marketing, because product can require a good amount of investment, so product creation is more risky. Once you get enough experience while promoting others' products and hopefully make some cash, you may create your own product then.
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  • Profile picture of the author Franko Ferencic
    Hello Solomos,
    all these suggestions you got from dear warriors are really valuable and can help you if you put lot's off time into studying them not even mentioning applying all that to make it work. If you are newbie I guess you have more questions now then before.
    I highly recommend you to hire somebody who knows how to do internet marketing. Take his/her hand and don't let it go! Learn from him how to do it and apply that knowledge. Go to action! That way you'll have the results in the shortest possible time with a minimum of stress and loss of money. I did that few months back and it was the wisest decision of my life. From my mentor I learned how to do research, which product will be good for creating and making profits from it. I learned how to create a product. How to make a list from products I created and how to monetize that list. I also learned many other things related to internet marketing.
    I know, you can probably find lot's of free content on how to do internet marketing and how to have profits from it. I know, you could ask for help here on this forum or elsewhere, but think this, how much time would you need for all that and how much time would you need to apply all that knowledge into profitable reality?
    I have been there and I lost years with no results but with a mentor everything changed!

    Hope you will find success online and wish you all the best !

    Franko
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  • Profile picture of the author paulydp
    Solomos

    My answer is to start a blog. Start branding your name and building up your list. Give value to people and just be able to help people and be honest. If you need me to give you some advice, I would be more than happy to help you.

    Best wishes
    Paulydp
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  • Profile picture of the author aceshigh888
    It's very competitive out there. If you have say some key information that you know is extremely valuable that you'd like to sell, then I'd say contact a big guru marketer and see if they'll do some kind of JV product with you. You provide the info they take it and turn it into an info product and website. You can find Jv partners on this forum. Unless you have experience with launching products don't bother, it will take you forever. Best just to learn affiliate marketing and do that. As an affiliate you market other peoples products. They even provide you with most of the advertising items too. And or instructions. All you do is go out and market there goods and if someone buys you earn a commission off the sale. It's all tracked via URL's and tracking cookies etc that's done by way of the affiliate provider. Some of these affiliate malls lets call them that you'd want to visit and get familiar with are: Clickbank, Jvzoo, etc etc I wouldn't bother with buying any expensive courses. They rarely are worth it. IM training is way too common place now. You can find entire courses most everywhere.

    Most of them read like this in a nutshell: "Thanks for buying my IM course. Okay here's how you do IM to get rich....this, that, and the other thing....wow see it's a lot of work isn't it??? But fortunately for you you can simply join my affiliate program and sell this course you just bought. That will save you tons of time in getting started and making money okay!!! So sign up as an affiliate here, or, you're already an affiliate since you bought the product, just follow these steps to now start marketing this product for commissions."

    Thats' 90% of IM courses in a nutshell. They're all the same.
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