Internet Marketing Tip - Learn, Learn & Learn!
February 2, 2007 · Print This Article
It’s interesting that as you learn more, the more you seem to be in tune with others in this field. Over the last few months I’ve been studying anything and everything I can about Internet / Affiliate Marketing. Although I am starting to focus on specific strategies and processes, I am still learning as much as I can.
On January 25th, I posted that I answered yes to all 5 characteristics to making it big as an Affiliate Marketer. At the end of that post I said that I will succeed and ”It’s only a matter of time, education, experience, and luck”.
Just today, I was reading a very good post by Russell XU at “Web Marketing… Beyond the Basics” titled Easy Internet Marketing. The post is full of excellent information and I really recommend it for anyone starting off, but it was the following paragraph that caught my attention.
“…Being successful on the internet takes a special blend of many ingredients. These include time, education, experience, luck, and yes–money.
Every day, I see more and more potential internet marketeers who have obviously cut corners, rushing to market a product hastlily put together, poor marketing techniques, you name it….”
It’s amazing how my comment matches his comment word for word (except for money, that is!). I agree with him fully on the money aspect as well.
Unfortunately I don’t have any of my personal income to invest into my online success. Instead I have to take a different strategy when it comes to money. Instead of investing my personal income into my online activities I will be instead investing all income earned online back into my online activities. For example, right now I have a site that generates about $20US a month through Google Adsense. Previously I used to take this money and pay for my hosting and with anything left over I just wasted it on stuff. Now I’m going to reinvest this money.
I’m hoping to be able to generate at least a 150% ROI. Rosalind Gardner stated in a tele-seminar I recently listened to that she normally double, triple, or quadruple her investment. This means that for every dollar spent, she is getting two, three, or four dollars back. I’m not going to be that optimistic, instead my goal is to get at least 50 cents for every dollar spent. So I want to get $1.50 back for every $1.00 spent. Seems reasonable to me. :) I can always go back and split test to improve this percentage and increase my overall ROI.
Anyway, it’s always nice to read posts like this. Especially posts that seem to be so in tune with your own thoughts and beliefs and help you stay on track. We’re on an Internet Marketing Road Trip and these posts are our street signs guiding us in the right direction. It’s too bad there wasn’t an Internet Marketing GPS available! lol
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