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FIB - Scams 101 - Ye Olde Archives
Posted By: Mel. White In Response To: doing legitimate business (Kim)
Monday, 17 April 2006, at 7:40 p.m.
> I simply want to market informational products. I loath scams and want no
> part of the them, but informational products don't always have to be
> garbage.
Do you mean ones that you write yourself or ones that you are offering to others through Clickbank? If the latter, please recognize that you are in competition with a hundred thousand other people and it will take a lot of time and effort to get people to your website instead of someone else's. If the former, then here's the basics (this is just one of many pages that says the same thing. There was a BBS and website devoted to this but I'll be darned if I can find them): http://www.paulbarrs.com/extra-income-ideas/making_money_with_homemade_booklets.htm
I've made good money for many years (not rich, but several hundred dollars a weekend) on self published books. I know where my market is, what they buy, and how to effectively reach them. I "branded" my line and so when I come out with new product, I have a ready-made market. I sell at conventions and have a constant flow of visitors to my table, asking what's new and when the next item will come out.
> If someone knows of a better way to make money these days, honestly and
> legitimately on the net, I surely would love to know.
There's no magic formula... the net is a reflection of life, and there's no magic way to step out your front door and have people hand you several million dollars. If you're making info products based on something you're very familiar with, then you will already know where to start marketing -- and whether or not marketing online is actually effective (example: I do caricatures and character sketches for game players. This is one of the hot "impulse buys" at conventions when people are in the mood to spend money. It's not that effective to advertise online because folks will stop and think, "well... I can hold off on the sketch I want because this is the end of the month and I need to pay bills."
So you have to know their buying patterns and so forth.
The Internet is not the be-all and end-all of wealth. Ask yourself if your ideal business really is something that's best suited for Internet or is there a better way to reach your buying public (like, for instance, offering seminars.)
Jim Wilson's board... check out his Auction Hints website, too!
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