The internet marketing community is an ever growing community. People are trying their best to make money online because it surely sounds easy enough, and the promised return is beyond their wildest dreams. However, the reality is that not everyone will get the best results that they want in their ventures of internet marketing.
Some downright fail from the start and some gets distracted from their goals rather often. Hence the key to a successful online business is not available to everyone. Almost 80% of new internet marketers fail in the first 5 years and saying it is hard to actually succeed in internet marketing is actually an understatement.
However, those who made it big online are surely doing something right. Hence what is it that these people are doing that is allowing them to enjoy their lives as a successful internet marketer? Ever wondered what are the requirements to be a successful internet marketer? Well now you will not need to guess anymore because below is a checklist of everything that you will need to be successful online.
Good converting Product.
The first consistency that we find successful internet marketers to have is that most of them all have a Good Converting Product. This is very important because this will become the pillar of your success. If you do not have a product that is of high quality and convert consistently, then you are going to be having a hard time trying to make a single sale.
Hence, having a good converting product is a must, and it is in our IM success checklist. This is true even for affiliate marketers. Affiliate marketers usually do not have a product of their own. However, these do have at least 1 good converting product in their arsenal that is making them a lot of money every single day.
There was a product that featured a millionaire affiliate marketer that actually exposes all the products that he had promoted over the course of two years. Imagine our shock when we saw the list of 200+ products and the only performing products were the first few. Most of the other products either die or out plainly not making money for him. This again proves to us that even if you only have a few good converting products, you can become a millionaire by just concentrating on the few products alone.
Source of Targeted Traffic
The next thing you will need and also in our checklist is that your need a source of target traffic that keeps converting for your products. If you can get a consistent traffic source that makes you money than by all means you need to go all out and try to get as much of that traffic as fast as possible.
It is safe to say that even if it is paid traffic, so long as you are making a profit, you should try your best to milk out as much traffic for the source as fast as possible. Because you will never know what will happen in the future, you will need to make the best use of your resources now.
Take, for example, imagine back in the days where Google still allows affiliate offers. Many people were able to get good traffic from Google to their offers and people were making lots of money. However, when Google decides that shut all affiliates down, many people were very disappointed. As the saying goes, there’s no such thing as constant in life accept of change. You must always try to get the most out of your traffic source before something bad happens to it.
Also you will need to remember to never keep all your eggs in one basket. The Google incident has taught a lot of people this important lesson. Don’t be foolish and be satisfied if you find one good traffic source for your business. Make sure you get a lot more traffic source and make sure you will be able to survive should one of your main traffic sources die on you.
Do they trust you?
When you have a good product and traffic that converts, the next thing you will want to do is to answer these questions. Do your customers trust you? Are they happy with your products? How can you build a relationship with them?
The answer to this is pretty common and that is building a list. This is a smart move by any marketer as you will be able to follow up with your customers and encourage them to buy from you over and over again.
By building a list, you can follow up with potential customers who have not decides to buy from you. This way you can actually convert an ‘on the fence’ kind of customers to convert and invest in your offers. With the help of modern technology such as autoresponders, the hard work with follow ups are all gone. You can now follow up with your customers infinitely and get more sales from your email marketing campaigns.
Not only that, but because of the nature of an autoresponder, you can encourage your customers to return and buy more stuffs from you using newsletters, promotions or even recommendations.
It is no wonder that most successful marketers have a list of their own and they are treating their list as if they are the most important element in their business. And one more thing, if you have a list in your niche that makes you money, you are pretty much in a ‘financial freedom’ status because all you need to do it to keep your list happy, and they will make your wallet go fat with every promotional mailing that you send out to them.
Hence build a list early and build it the right way. Make sure you have a good traffic source and show them your best converting offer and these elements will ensure that you make a good living online every single time.