"Success seems like failure 99% of the way..."
So how do you know when to give up?
Hi all, I'm fairly new to posting on this forum, but I have been reading here and being involved in internet marketing for around 18 months.
I guess I have the same story as most newbies, I've spent a great deal of time and money buying and reading every latest and greatest "brand new secret method that made me $9,454,235 in just 3 minutes" product that the "gurus" email me every few hours.
I've spent around 40 hours a week (I also have a full time job) working on building online real estate. So far things don't seem to be going to plan...
I have 6 sites built for adsense. I carefully researched each to find high traffic (wordtracker: 200+ searches, google adwords tool 5,000+ searches) high bid phrases (adwords bids between $8 - $30), built and promoted sites that rank well in search engines (a couple are #1 in google, all are top 5).
These sites now earn me an average of $0.15c per day.
I have also built sites to promote affiliate products. The latest site is based on a phrase directly related to a clickbank product which apparently converts between 5-10%. Wordtracker gives the number of searches for this phrase as around 1500.
I have promoted this site so that it's ranking #1 and #2 in google for that phrase (without quotes) and it's now receiving an average of 50 visitors a day. Of the 350 visitors in the last week, I have sent around 150 to the product sales page. Of these 150 target visitors, ZERO made a purchase.
The numbers never seems to add up!?! :confused:
In total, from 18 months of learning, developing and marketing, I have made $491.23c. Not the best financial return on investment, but I have learnt a lot. Or so I thought! I thought I knew how to research niches and keywords, I know how to rank sites in Google, I know how to send targeted traffic to sales pages, but I still don't know how to make money!
I believe the problem lies in one simple fact. In all this time I have been looking for a "quick fix". I've just been trying to earn enough from the internet to cover my living expenses. I've been thinking about me. Not the customer. So far I have not tried to setup a more long term plan, a more responsible business, to "add value", and to help others.
Ironic really, as the plan once I'd covered my expenses was to use the time to setup a business to truly help people. I just thought I had to help myself and solve my financial problems first.
I guess the lesson might be that there is no short cut, and the most important factor is the reason why you do whatever you do. So, a quick survey...
What do you think should be the core values of a business?
Thanks for reading this long post (I guess you didn't know when to give up )
Any and all responses are appreciated!