(1) Lack of Understanding Their Audience
Those who do not understand their audience and what they need, will not have any idea about what to sell to them. Too many people who want to learn how to earn money online concentrate too much on the "how" instead of the "why". They will waste their time trying to explain to their potential customers how a product works instead if explaining how the product will benefit them. One thing you will most certainly learn with this course is that the benefits far outweigh the features of the product. If you can convey how your product will benefit your customer or even help them solve a problem then you will be very likely to make money online with your effective promotions.
(2) Not understanding how Internet marketing works
Sounds mad I know, but I see this all the time. As I surf the internet I notice that some people make some of the silliest mistakes. Some do not set up their affiliate links correctly so they stand no chance of making any sales. If the link the customer clicks on does not work then how can you ever expect to make a sale.
You also now obviously know, if you want to know how to earn money online you will first need to choose a product. However, more importantly, you have to gain an understanding of the industry and product you're promoting. You will then require a medium to enable you to present your affiliate link. This could be a web page, a blog, tweet, Facebook, etc). All that you then need to do is drive website traffic (Customers/Visitors) to that affiliate link!
(3) Lack of "targeted traffic"
Getting targeted traffic to your affiliate link is awesome as this is what brings sales. However, random traffic is pretty useless. Look at it like this...imagine the busy foot traffic in the middle of New York. Imagine if you own a hot dog stand and you set it up next to a place where there are lots of people but they all bring their own lunch to work. You will be unlikely to make many sales. What you need is a hungry audience!
Now, if you set that same hot dog stand outside another busy place where people are really hungry and have no lunch with them then you will be helping them to solve a problem and making a healthy profit in return. Keep this in mind if you want to know how to earn money online.
If you're someone who would like to learn how to earn money online you need to learn the basics first. Online success is guaranteed if you understand your audience and lead them to your product.
On March 1st, 2011 Wealthy Affiliate is going to be running a live webinar that is open to the world. If you have ever wanted a sneak peak into what is offered inside of Wealthy Affiliate, then this is for you. No obligation. Nothing to purchase. Just a free inside look. Click Here to access the FREE webinar
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