Q: It seems
to be hard to make any money online. How long
before I start earning money?
A: It is very individual. Some start earning
money right away and some need weeks or months
before they get an income. To earn en income you
can live on you probably have to work full time
with e-marketing and promoting. Your incomes
will reflect on how much work and effort you put
in, how much you learn and how much you know
about e-marketing. So for a newbie it is always
slow in the beginning. The trick is not to
giveup after 2 months,thinking that is
doesn'twork. It does work,you have to hang in
there, learn more, try different tactics. There
is not one magic trick to make money online, the
formula is a combination of marketing strategies
in combination. What works best for your
business only you can figure out. Of course if
you can get an experienced marketing coach to
help you out in the beginning you will earn
money faster.
Q: How big
must my contact list be before I can make enough
money to live on?
A:There is not an easy answer to that. Some
e-marketing experts has small contact lists with
500-1000 subscribers and they make millions each
year. Why? For several reasons: People trust
them, people understand them and the e-marketer
know how to sell. Of course you must promote
quality products and not junk.
For a person who is not a well known in his
niche and perhaps new to selling to a contact
list it requires a larger list to sell the same
number of items that (for example) Alex
Mandossian sell to his list.
I guess a newbie could make good money with a
contactlist of 10,000 subscribers.
Q: What is
a good conversion rate?
A: 1-2% is normal.This means 1-2 people out of
100 will buy your product when you send them a
sales letter. A 3-4% conversion rate is
considered very good. This also explains why
e-marketers promoting low price products need a
big contact list to make money.
Q: How
often should I send email promos to my list?
A: You will loose business if you start spamming
like crazy and no one wants to buy from a person
who seem desperate to sell. I send a email promo
once per week to my subscriber for most of my
websites and that seem to be a good balance for
my businesses. Remember that not all sales
happens at once. People might not read your
email immediately,it can take several days
beforethey read it and there for one sales
letter can generate sales for several weeks.
Advertising
Q: How much
do I have to spending advertising?
A: That depends on your line of business. If you
have a lot of competition you will have to spend
more to get the traffic. Search engine
optimization is the best way to get free
traffic. If you get a high position in search
results you basically don't have to spend
anything on advertsing. Nancy Andrews is a
living example of SEO success. She get around
200.000 visitors per month for ONE of her
websites and only through search engine results.
Imagine that. Last thing I heard was that she
made US$240.000 off just her golf-site in one
year. And she has more than just one website ;-)
Q: Where
can I get free advertising for my website?
A: Forums and communities are often free to sign
up too and some of them allow you to advertise
your own website on on you profile page.
Some good
communities: MySpace, MyLot, PerfSpot,
FaceBook, Yuwie
Forums:
all the forum listed on
this
page and of course interest groups and
Google forums.
Another place
that is great for free advertising and highly
effective is of course YouTube. You reach
out to a lot of people and when using keywords
you can targeted traffic to your website.
Search
Engine Optimization
Q: What is
the best SEO tool?
A: All the experts I talked to say
SEO Elite is the best SEO product out there
and it has just been updated so I say it is well
worth your money. With it you can Ethically spy
on outranking competitors that are stealing your
best prospects and then follow an exact
blueprint to copy exactly what they're doing to
move past them in the search engines.
Q: What is the best way to submitting
my website to all the major search engines?
A: The fastest way to get the search
engines to index you site is to submit the URL
to a high ranked forum or community. Then the
search engines will find your site automatically
within a few days. Submitting manually often
takes weeks before the search engines index.