Can "Making Money" be ur NICHE market?

Sorry, I meant different web SITES not pages

Mangadang umaga. Cumesta? Welcome to the forum.

Of course you can choose "Making Money" as your niche. But why would you want to?

1) By your own admission, you've had no success at it yet so what do you have to offer other newbies, aside from pitching the same affiliate products and programs they're already pitching to each other.

2) The "make money online" niche is huge and hugely competitive. It is already 'controlled' by very experienced and well-known internet marketers with reputations, huge lists and influential JV partners. Are you prepared for that kind of competition?

3) The advantage of specialising in a non-IM niche, or even better: a sub-niche of a niche, is the relative lack of competition. You can make money while you learn your craft.

Thanks paul.
I've been pondering this myself and you've made some good points.

It's like sheep leading other sheep..

I wouldn't completely disregard ALL training courses and membership programs. Some of them are pretty good and provide you with EXACTLY what you're looking for. I belong to a few membership sites, each fulfilling a particular need for me.

I also run a membership site of my own especially for absolute newbies. (you can see the salesletter here and compare it to others if you like)

The trick is to pick one that provides what you need at a price that won't shred your budget from a marketer you can trust.

What you appear to be asking for is how to structure your sales process and, specifically, whether you should offer multiple products through an eBay store.

Let's talk about the second part first: Offering multiple products on one site is not a great idea. It's hard to target your traffic; offering prospects too many choices results in no choice being made; eBay is no longer a great place to sell quality ebooks or downloadable products.

As for a basic structure for selling your products here's the minimum:

1) a domain name (eventually you'll want a few but one will do for starters. You can make do with subdomains and subdirectories to stretch it.)

2) Hosting

3) An autoresponder service (don't scrimp here) and a pre-loaded series of emails

4) A 'giveaway' product and a 'squeeze' page trading it for sign ups to your autoresponder list.

5) Your main product and a website/salesletter to sell it from

6) A payment processor (PayPal, Clickbabnk, PDC, MoneyBookers etc.)

The process becomes:

1) Drive traffic to your squeeze page and collect subscribers to your list.

2) Use your first half dozen or so emails to pre-sell your subscribers on your product and direct them to the salespage. Continue to develop a relationship with your subscribers over time so they'll be receptive to other offers in the future.

3) get paid

4) do it all again with another product.

This is all very simplistic and minimalist but it's the direction you asked for.

Thanks a MILLION guys! This forum seems like the ultimate place for my learning. Indeed, baby steps is what I'm looking for. Jay, I'll be sure to check out your recommendation.

Gracias!

Also, quick question. I've set myself a goal to make US$500k by the time I'm 30, which is Oct 2010. My personal challenge. So I wanted to ask, are you guys SERIOUSLY making the kind of money I keep reading about? $10k+/week etc?

Are Mike Filsaime's teachings any good?

making money can be your niche. but if you are going to do really well at it, you'll need to offer something that cant be found in the millions of other offers out there. I would suggest, as someone else suggested, to build a niche site first. doesnt matter what niche. but go through every single part of it and take notes. When you get done and it actually makes money, now you have something to offer atleast SOME of the newbies and then build from there

Nice tips Paul and solid advice. If you want to learn about Adsense for free, sign up for my eCourse in my sig. I must tell you up front that Adsense is a long term strategy, one you setup and work in tandem with your daily moneymaking activities.

TomG.

Hey, thanks guys! I SUPER appreciate all your tips! Well, I'm still in absolute learning phase, and it's starting to come together slowly. I'd like to get something up and running ASAP. I've joined a Naked PLR membership, and there are all sorts of niches. However, I'm really hesitant to focus on something so left field like:

• Catching Your Cheating Lover
• Home Swimming Pools
• Start Your Own Day Spa
• Mini Storage Auction Secrets

I mean seriously, would these actually sell? And is there decent money to be made with products such as these?

Dwad, this is just my 2 cents, but it sounds like you need to pace yourself. It takes time to build a decent income online, anyone can tell you that, no matter what your niche is.

Once you pick something, stick to it, and learn all you can about it. Research each program an method before you try it for yourself. And don't jump on a bandwagon just because you hear a well known name. There are many great IM success stories, but what they do won't work for everyone!

I'm not trying to shoot you down in any way, please don't take offense to anything in this post! I've been in the "make money now!" place before, and it doesn't work!

Good luck!

I'm not sure if you've heard of Eben Pagan... Most people in here have because
there are 3 Massive Launches in the works (Eben Pagan, John Reese And Mike Filsaime)
... Anyways, back to my point... I first heard Eben Pagan tell an audience to use the, "(Ready - Fire - Aim)" mentality... So, the story that goes along with that was the most successful salespeople in the country were all followed and studied... The hope was to find what they had in common and the main reason for their successes... What was found as the common trait was "Action"...

(Ready - Fire - Aim)

Ready - They had an idea of what they had to do
Fire - They took immediate ACTION... No waiting around to make sure what they
where doing was perfect...
Aim - Once they were in the game then they adjusted and made changes to suit
the environment...

The moral of this quick story... You have an idea - a product - a basic road map...
Take action and keep taking action... Adjust and continue down your road to your dreams...

Don't let ANYONE slow you down!!!

(Great Video)

cheers

Jay

Great point Michael.

Currently I work on creating websites and doing the selling for products others have made (or I helped turn into a product). Basically I helped them get from Being an expert to Being an Expert with something to sell.

In any case - it's a long road whatever what you go. It's work. I'm so aggravated by all the 'automated' stuff that's getting touted. None of it is going to work int he long run.

Figure out something you are passionate about, and go forward with it.

OR figure out something you see has a potential market, research it and become an expert on it. Listen to what others have said in this post. You've gotten some really REALLY excellent feedback. Make sure you take it to heart instead of pushing it aside because it isn't 'Do this, it'll make you $1000's in 2 weeks'.

Be prepared to put time and energy into where you choose to go. Be serious about it, and be honest to yourself with your expectations.

Shawn

Man, seriously, u guys r awesome! Thanks so much for more tips! I'm learning SO MUCH on this forum already! N yes, I concur, I've seen a LOT of people on ebay etc who sell a bunch of ebooks in a package, claiming that it makes them $100k/MONTH etc, but it seriously seems like they prob make like $500/month! That being said, $500/month for me would already be an AWESOME start to my IM career!

Quick question, which Autoresponder program wud u say is the BEST BANG FOR BUCK? I'm on a shoestring budget here. I mean I don't mind spending a bit extra if it's really worth it, but if it's some program filled with dozens of "features" I'll never use, then wats the point?

Thanks again guys, u ROCK! =)

Yes it could be your niche but it's a very hard niche to get started in. Until you've mastered IM you probably want to stay away from it unless you have a really out there way to make money (for example: hottub parties, prison gift packs, etc...) If you decide to still give it a try break it down to a specific niche like making money off of myspace comments, or ewores or something that has a smaller chunk of the market. Get enough of these small niche's going and you'll really have a good thing going

Jay, LOVED the video! Thanks again, I subscribed to Mastery TV on Youtube! I truly am passionate about the power of the mind and our belief systems, no doubt in my mind it's real deal.

Thanks again!
Dwad

I've used many autoresponder services and even hosted my own autoresponder programs but, in the end, settled on GetResponse. It suits me fine.

If, as you say, you're on a shoestring budget, GetResponse offers a free trial wehich is handy for getting started aqnd learning how to use the service.