Thursday, July 9, 2009

What is online marketing and how can you make money from it

What is it and how is it done?


Internet marketing is commonly referred to as "Make Money Online", "Affiliate Marketing", "Internet Business" as well as a number of other terms. Basically it is any kind of marketing or selling that you do online in order to make money. The general broad term can include everything from pay-per-click management to a full-blown online marketing campaign that builds traffic and tracks site visitors to increase conversions from all mediums. Conversions are site visitors who purchase products/services you are advertising. This type of marketing is probably the most cost effective way to deliver quality buyers for your services/products compared to the more traditional methods we have become accustomed to (ie. television, newspapers, billboards etc).


Internet marketing isn't that different to sales in the real world where entrepreneurs find out what it is people want and then find a way to get it to them at a price they cannot refuse. Even for those of us who are not internet savvy, it is quickly becoming one of the most popular advertising options available. Companies can get their marketing message out to an audience of prospective buyers within a few hours if they wish. Companies can reach a wide audience for a small fraction of traditional advertising budgets.


Get Rich Quick?


The short answer to "Can I Get Rich Quick? " is - usually, NO. Internet Marketing is a real business and it takes time to grow your business to a point where you are earning an income. There has been a lot of scepticism in regard to this type of business as many people still interpret it as some sort of "get rich quick" scheme, but in all reality nothing could be further from the truth. Let's face it, if you're over the age of, say 25, then you probably grew up in a world where income was the result of pure hard work. The chant of those generations was to "Work Hard", now it's all about "Work Smart NOT Hard"... finally! In order for acceptance to occur we need to be educated in these new concepts. As we progress further into this amazing age of electronic business (eBusiness) we will, no doubt, learn to accept it and will wonder how we ever lived without it.


Affiliate Marketing


Affiliate marketing is a very hot topic on the web right now. Affiliate Marketing is a method of Online Marketing that is frequently employed by businesses both as a revenue stream and advertising medium. For the person conducting an Affiliate Marketing campaign there is no product to stock, no orders to take, no deliveries to make, no money to collect, involves no financial outlay and you never have to talk to the customers. In other words, you become an affiliate with the company who has the product/service, but you are running your own business.
In the world of business we hear the word "competition" a lot. Businesses look at outsmarting their competition every day. In the world of internet marketing the word is no longer "competition" it is "collaboration", we collaborate with these product/service providing businesses by promoting them and we get to make some fantastic money along the way for our efforts. How much more perfect can it get!


It is a popular method of promoting web businesses in which an affiliate is rewarded for every visitor, subscriber and/or customer provided through his or her efforts.
Affiliate Company Internet Marketing is usually a full time livelihood, or for a large number of affiliates, easily a channel to make a huge part-time cash flow. So it is something you can do whilst you are still employed outside of the home as it only takes a couple of hours per week to maintain. Business people who have their own products or services see it as an excellent yet cheap way to go global with their business.


Successful Marketing


Successful internet marketing is picking one niche or product and working that niche or product until you have found some success, then go back to the beginning and repeat the process. The reality is that any successful internet marketing business is the result of planning, experience, research, and hard work. It doesn't usually happen over night. Although there are exceptions to this rule as well, there have been many people who have tapped into markets and achieved instant results. Just a bit of advice (I know you'll thank me later) - the important thing to remember when commencing your internet marketing business is, don't try to re-invent the wheel. Follow the advice and instructions of those who are already successful at it, and this way you will succeed much faster. Initially, you want to make money as quickly as possible so that you can have your business fund itself.


Building Your Business

Building momentum on the Internet takes time but provided you have been consistent with your actions, the effect will snow-ball.


There are many methods of conducting Internet Marketing campaigns. To name just a few for starters:
Affiliate Marketing - this is simple, selling someone else's product/service for which you earn a percentage for your efforts. Amazingly, you don't even need to have a website to do it!


Pay-per-Click Advertising - For example, one of Google's advertising services, Adwords, offers pay-per-click (PPC) advertising. The other large search engines like Yahoo etc also have their own version of this service. The easiest way to learn about these is to search them in your browser.


Becoming a Webmaster - owning your own website or blog is a very powerful way to conduct your internet marketing business. Some of these are completely free.

Article Source: http://EzineArticles.com/?expert=Edward_Masters

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