Sunday, May 4, 2008

2 Ways To Make Money Online

There are 2 types of approaches you can choose when it comes to creating an info-product.

It's either you be creative or innovative.

Creative means, you observe the market and come up with a good solution. Basically, using your brain to think of how your info- product can solve the existing problem of what the market is having.

Like, if you see there are a lot of people having a problem to write a salesletter, you come up with a salesletter generator software. Or, if you see that a lot of people are trying to organized their joint ventures details, you can create a joint venture profile software. Basically, you'll be the first person to hit the market. Make sense?

But if you want to minimize your risk of failure and make money fast, I'll prefer to be an innovator.

Observe the existing products created to fulfill the demand of a market.

See how good the sales volume is.

Then, I'll be an innovator to provide better Solution or tap on the existing opportunity.

Not sure what this means?

Let me explain ...

If you happen to see in the market, there are a lot of salesletter generator software right now because there are a lot of innovative marketers.

Another example of an innovator marketer -- A relatively new company call PayDotCom that provides similar service like Clickbank.com.

It was launched successfully following the creative company called Clickbank.com.

Clickbank.com was the first (That I know of) website that provides credit card processing service with built-in affiliate tracking program for internet marketers to use.

Now, there are more innovative marketers that have created affiliate tracking tool that can be integrated with other credit card processors like Paypal.com, 2checkout, authorize.net, etc.

Innovative marketing doesn't limit to copying what is successful and trying to be better, bigger or cheaper.

That's a very narrow observation on how to be profitable and it'll normally fails.

Just by adding these 2 extra ingredients in it, you'll change the whole profit model:

1. Finding an angle

Finding an angle means how you can position yourself unique from the originator. Example, Clickbank.com was a success. But other affiliate tracking tools that did not have a built-in credit card processor were very successful as well by integrating with third party credit card company. Paydotcom is also another good example of this. They solve the core problem.

2. Complimenting to the pioneer

Create an info-product that can ride on the existing successful market. Let's take Clickbank.com as an example for discussion purpose. There are many new tools created to enhance the convenience of using Clickbank.

Examples are:

Software to manage your Clickbank.com affiliates;

Software to extract your Clickbank sales report into a Microsoft Excel file;

Software to create Clickbank.com search engine Tool that is integrated with Clickbank ID;

Video tutorials how to setup Clickbank.com account;

and many more.

Observe what's happening on the internet. Then, decide whether becoming a creative or innovative marketer will give you more profit and yet can reduce your workload. Then, TAKE ACTION.

Copyright 2006 Patric Chan

Patric Chan is an internet infopreneur, international speaker and author. His "Chan Do" Internet Success System Training Program is a step-by-step guide for any ordinary person to start a profitable online business easily. Go to http://www.youchandoit.com.

Ipod Nano Will Not Shut Off
Ipod Nano With Windows Me
Ipod Nano Without Itunes
Ipod Nano Wizard
Ipod Nano Wraps
Ipod Nano
Ipod Nano: Black Or White
Ipod Nanos Cases
Ipod Nanos For Sale
Ipod Nanos Uk
Ipod Nanos Under $100
Ipod Nanos
Ipod News
Ipod Not Working
Ipod Owners Manual
Ipod Parts
Ipod Pc Faq
Ipod Pc Hack Ipod Hack
Ipod Player
Ipod Pouch
Ipod Prices Uk
Ipod Prices
Ipod Problems
Ipod Product Life Cycle
Ipod Production
Ipod Products
Ipod Programs
Ipod Protection
Ipod Qa
Ipod Questions And Answers
Ipod Questions
Ipod Radio
Ipod Ratings
Ipod Recall
Ipod Recording
Ipod Release Date
Ipod Release
Ipod Remix
Ipod Remote
Ipod Repair, Dallas, Tx
Ipod Repair Canada
Ipod Repair Center
Ipod Repair Directions
Ipod Repair Guide
Ipod Repair Houston
Ipod Repair In Chicago
Ipod Repair In Los Angeles
Ipod Repair In Maryland
Ipod Repair In New York
Ipod Repair In Nyc
Ipod Repair Instructions
Ipod Repair Manual
Ipod Repair Parts
Ipod Repair Questions
Ipod Repair Shop
Ipod Repair Software
Ipod Repair Stores
Ipod Repair Tips
Ipod Repair Uk
Ipod Repair
Ipod Requirements
Ipod Resources
Ipod Reviews
Ipod Sale
Ipod Sales
Ipod Screen Cleaner
Ipod Screen Protectors
Ipod Screen Repair
Ipod Screens
Ipod Secrets
Ipod Shop
Ipod Shuffle 1 Gb
Ipod Shuffle Accessories Free Shipping
Ipod Shuffle Accessories
Ipod Shuffle Aluminum Case
Ipod Shuffle Armband
Ipod Shuffle Armbands
Ipod Shuffle Autofill
Ipod Shuffle Battery Charging
Ipod Shuffle Battery Life
Ipod Shuffle Battery Replacement
Ipod Shuffle Battery
Ipod Shuffle Belt Clip
Ipod Shuffle Belt Clips
Ipod Shuffle Blinking Lights
Ipod Shuffle Caps
Ipod Shuffle Car Accessories
Ipod Shuffle Car Charger
Ipod Shuffle Case
Ipod Shuffle Cases
Ipod Shuffle Charger
Ipod Shuffle Chargers
Ipod Shuffle Charging
Ipod Shuffle Cheapest Price
Ipod Shuffle Colors
Ipod Shuffle Comercial
Ipod Shuffle Commercial Song
Ipod Shuffle Commercial
Ipod Shuffle Coupons
Ipod Shuffle Covers

0 Comments:

Post a Comment

<< Home