That money can be made online is a fact that is quite apparent to all, even the grandmas in the villages. That good money can be made online is quite indubitable to the discerning mind.
However, that money can be lost online is a fact not known to many and that fortunes can be lost online is a lesson often learnt by experience.
The Internet is like the proverbial elephant & the seven blind men of Hindustan where your prior experience colours your perception of the present.
Many investors have ventured into online marketing, investment & e- commerce with great ideas and expectations of making mega millions from what they wrongly perceive as a one-in-a-million idea and sales strategy only to be disappointed after pumping in thousands and often millions of dollars over a number of years into the venture. The people did not buy, the product did not sell, the company did not grow and consequently, the entrepreneur becomes seriously discouraged. Discouragement can lead to bitterness and bitterness can lead to anger and deep-seated skepticism in the mind of the entrepreneur as to the veracity of the claims by other more successful entrepreneurs.
I have had several experiences of individuals coming to me asking how they can make money online without resorting to what is popularly called “Yahoo boys” method, which in fairness to yahoo and the good service they provide is quite a label in bad taste. This term is used to describe the boys who spend days in cybercafés across the world sending spam and scam mails using bulk e-mail software and subsequently deceiving the gullible and greedy ones out there into parting with either cash or valuable items.
To these ones I usually reply that there are lots of ways to make money online which include but not limited to the following few methods or ways:
(i) Write an e-book
(ii) Market a product online
(iii) Join an affiliate program
(iv) Join a MLM program
(v) Buy into a paid surveys, paid to read & other paid to- programs
(vi) Trade e-gold, e-bullion etc
(vii) Invest in some good HYIPS
(viii) Trade forex and stocks
(ix) Set-up a blog & teach people ‘How Tos…’
(x) Set-up free blog & run google adverts & others
(xi) Set-up a site to advertise other peoples products
(xii) Enter into reseller programs and many more.
The response I usually get is “I don’t know which ones to join or do….”
To this I then see the opportunity to offer my services, I charge them a little token to offer expert and time proven advise for online investment to which much to their own surprise they may have known all along but lacked the appropriate understanding of the mechanics to activate the money yielding process.
It is important here to state that whatever solution you give to someone seeking knowledge or information must be commensurate with his level of experience and understanding.
Talking Forex trading to a fish farmer who wants only to sell his fish online is like speaking latin to him. But If He is educated and probably a former or retired teacher, then you can ask him to package his techniques as an information product and market it online.
To be Continued...
More of this and traffic building principles, E-Commece and Internet marketing are available on my blog
http://www.gbconcepts.net/weblogs1.
