|
I have had some success with
press releases lately. I want to give credit where credit is due, Len
McGrane's e-book http://www.netgain.co.nz/presspak/press_buy.htm
on how to create and distribute press releases has helped a lot. I
learned stuff I didn't know on what makes a press release work, and the
result is that I just got interviewed by a publication in the UK. Pretty
cool. Highly recommended.
Here's the main feature:
Getting Rich On The Internet - Truth
or Consequences.
Warning: Some of you may not like, or
agree with this article.
What makes you think it's possible to
make a living on the internet? A basic living is a net profit after all
business expenses of at least $5,000 per month. In your pocket. Every
month. Year after year. Is it the sheer number of potential customers?
Is it that people claim they have "made it"? Or is it because
you have invented a new mouse trap that everyone will buy. Perhaps you
are attracted to the low entry fee for a web site. For whatever reason,
you are most likely reading this because you have been sold on the
concept of using the Internet to make money.
As a student of influence I got curious about what makes people ignore
facts and passionately set up an Internet business anyway. Spending hard
earned money on how-to books and advice chasing cynical web surfers.
Many years ago the concept was created that in America it is possible to
wake up in the morning and your mail box is full of money. That by
placing ads for a mail order products people would simply send in their
money. It is a compelling pitch, one that has survived years of
miserable failures. Yesterday I was having lunch at a local diner, and
the table was covered with a plastic tablecloth depicting advertisements
from the late 1800s and early 1900s. And what do I see?
Many ads for get-rich-quick plans. One
sold a booklet on how to set up a movie theater in your own town! Sounds
familiar? The pitch for the dream still works. Why?
Nothing has changed. The Internet has
simply afforded us a cooler way to do the same things. Sell stuff. The
gurus tell us what you need to create a "selling" web site.
Then they go on telling us how to market that site. Just like they did
in the old mail-order days. The care and feeding of your dream is very,
very expensive. And you are NOT the one making the money!.
One needs to look at what brings a person
to the stage of wanting to spend time and money to chase these elusive
dreams. Is it to get something for nothing? Or to avoid "working
for the MAN?" Or is it simply that people have been made to believe
that others have done it so they can too. This particular factor is of
course based on the influence rule of Social Proof combined with
Authority.
When we see others being successful, we
immediately believe that it is true. Not only others, but people like
ex-police officers, priests and lawyers. People in authority. People you
can identify with. People who have been just as broke as you are now.
Trouble is, out of every budding entrepreneur only a very few actually
are making a living. And those few might not have come by their
"successes" via honorable ways. It's the dream itself you buy
into. The problem is, just because you believe that you can - doesn't
always produce results. Especially when the numbers are against you. As
they are on the Internet. Let's say you sell a product for $20. You own
it, so 100% is profit. (Like a booklet). If you have a compelling site,
the most you can expect the closing ratio to be is 1% of qualified
visitors. So, of every 100 visitor that might be interested in your
product, 1 will buy. That's if you don't get too many non-interested
visitors from link-exchanges etc.
To generate $5,000 per month in sales you
then need 25,000 visitors per month to sell 250 books. How do you get
25,000 visitors a month to come to your site? It's pretty well
impossible for a home based business to do. 25,000 unique visitors is a
huge amount. Take banner ads for example. To get 25,000 visitors from
banner ads you need to buy about one million banner views. At $35/1000
that's a whopping $35,000. You simply can't make that up in volume my
friend. Of course you say - you can sell different and more expensive
products. True, and right here I need to say that it is possible to sell
on the Internet. But be realistic. Look at the numbers, don't be talked
into the "dream". Buy into a realistic marketing plan using
real numbers. The "DREAM" is not real.
It's the same in the real world. Richness
via MLM is impossible to achieve but for the chosen few with the
connections and stamina to "work the system". You sign up for
an affiliate program or any MLM chances are you are working your butt of
to make the few on top rich. NOT self-employed like they say, you are
simply working for them selling low margin, expensive products. But, you
say.. I can get there too! I want to be on top! Buy a lottery ticket.
It's easier, and your chances are greater. They sell you on the dream -
believe and it will happen. It won't. Now, if you DO want to do business
on the Internet - there is hope.
To have any chance of success on the web
you need to have a product you can make at least 300% profit on. You
need to be unique enough so that your prospects can easily be identified
and pitched to. And you need to be realistic about results. Create your
own product, plan your work and work your plan. Like the ad on the diner
tablecloth from 1893 - we are still selling dreams.
"How you too can......"
What's next in dreams? More of the same.
Nothing has changed.
Ingvar.
J2 MediaGroup, Inc - Where Influence
Matters -
http://www.j2mediagroup.com
|