Five Minutes With Jack Ramblings Of An Insane Internet Marketer

July 22, 2010

Episode-17- Internet Marketing Landmine Number Three

Filed under: Podcast — Tags: , , , — JackSpirko @ 5:41 pm

Wait!  Wait just a minute! How in the world can this be? Did we not just say in chapter two that most marketers fail to maximize income because their focus is way too broad? We did indeed and that is true but it doesn’t change the fact that the reverse can be true as well.   Let’s go back to our hypothetical marketer in chapter two.   Remember our marketer started out as an affiliate who wanted to simply sell each and every product Amazon has to offer and then wisely narrowed it down to a few authors he or she enjoyed, set up an email list and did reviews.

This was great and a perfect example of how to take a big concept and develop a narrow focus with it. Here is the other side of the coin! Let’s say our marketer does a good job with the author site, it makes a bit of money (say 200 dollars a month) many times the marketer will feel that, “well that’s nice but clearly it is not enough to quit your day job”.   They might start to self type cast themselves looking only for more authors or higher paying affiliate programs.   Instead they should realize what they have just done is create a powerful residual income stream that they only update and cater to from time to time.  Let’s say this site makes a very modest income of 200 dollars a month.

Do you realize how much money you would need in a bank account to create a 200 dollar a month residual income stream? In our example this marketer quite literally created one almost out of thin air.

They should now use this model to exploit another similar but not fully related niche, building a second email list around another site about another subject with a fully different source of income.  Then seek synergies so they can cross promote to the two visitor groups.

Get the complete Internet Marketing Landmines Report Free on our Marketing Resources Page

July 14, 2010

Episode-11- Internet Marketing Landmine Number Two

Filed under: Podcast — Tags: , , , — JackSpirko @ 8:02 pm

To Broad of a Focus

In episode eight I stated that not planning fully was the number one reason that new internet marketers and even some semi pros seem to fail or not maximize their earnings. The only problem was I told you the problem but I didn’t give you what was necessary to form an effective plan. In each episode about the landmines from here on out I will tell you exactly the mistakes to avoid and that will form your blue print of what to avoid and what to include in your planning.

So, on to Landmine Number Two! The problem of having to broad of a focus is a multi headed monster but I will touch on the major aspects to help you understand this problem, kill it, and effectively plan around it.

A typical marketer may sign up as an affiliate for a big company like say Amazon or Commission River (Where I personally learned the basics of internet marketing and eventually developed training materials for other affiliates to use.), etc. Then instead of picking one product or product group, they try to copy the huge affiliate and market every single product the affiliate has to offer.  Developing a plan around this is almost impossible!

Get the complete Internet Marketing Landmines Report Free on our Marketing Resources Page

July 13, 2010

Episode-8- Intenert Marketing Land Mine Number One

Filed under: Podcast — Tags: , , — JackSpirko @ 4:00 am

No Cohesive Plan

This is probably the one thing that either keeps any given internet marketer from making money or from making as much money as they possibly can. You simply must have a full plan before you launch any project or you will most likely cause the following things to occur.

One – You will leave out critical steps, like tracking everything so you can make adjustments, getting your search engine marketing right and millions of other details.

Two – You may be doomed by the number one thing that plagues countless would be great internet marketers. This is having 4-5 or more projects going at once each that could be completed in less then a month, but because you are juggling it takes 5 or more months to fully finish any or worse yet none of them ever get fully completed.

Three – Your project ends up needing constant support to keep going even if it works. Because you are not fully planning in the beginning you only develop a site and a product, not a system. Done right your projects should result in creating systems that run themselves once complete so you are free to now do another project. With out planning this will never happen you will always have more to do.

Get the complete Internet Marketing Landmines Report Free on our Marketing Resources Page

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