Internet Marketing
What is Internet Marketing?
Internet marketing is still a complete mystery to a large
majority of Internet users. For many users, internet marketing
is seen as some foreign area of the web, populated with silly
get-rich-quick schemes and unsavory characters ready to rip off
the innocent and uninformed consumer at the click of a
mouse.
In reality, Internet marketing is
populated mainly with hard working professionals promoting and
selling high quality brand products by many of the world's Top
500 companies.
Worldwide
there are now over a billion Internet users, representing one
large global consumer base or marketplace. The total amount of
goods sold online has been steadily increasing each year as the
Internet gains in both popularity and familiarity. Studies have
shown people shop online because of lower prices, a wider
selection of products, easier comparison shopping, and many
just prefer not having to travel to stores to make a
purchase.
Still Internet marketing has
gotten a raw deal.
If you mention to any group of
professionals that you're an Internet Marketer and that you
work full time on the Internet... you will receive some very
skeptical looks and more than one arched eyebrow of
disbelief.
Regardless of this lingering
skepticism, Internet marketing has become a viable alternative
for many disgruntled professionals dissatisfied with their
working hours or conditions. It has become a viable alternative
for many people from all walks of life. From the college
student to the bored housewife to the retired doctor... all are
enjoying a part time or full time income from the comfort of
their homes.
And since the Internet is now
practically available to everyone, anywhere in the world -
Internet marketing is a level playing field. There are many
forms of Internet marketing. There are many online business
models you can follow. There are countless ways to earn a good
honest income from the Internet. Which path you take will be
largely determined by research, work habits, and the time you
are willing to put forth.
Here's a quick rundown of the most
popular forms of Internet Marketing:
1. The Brick and
Mortar Store
Online.
Most major companies and retail stores have created online
versions of their brick and mortar businesses. Even if
consumers don't buy online, many use these sites for gathering
product information before buying in the real world. A factor
many savvy businesses are exploiting in their overall marketing
strategies.
2. Online
Services. Many service industries have moved online,
everything from travel to banking to dating! Again, the
Internet can be a profitable extension for any service
company.
3.
Internet Gurus... Internet marketing has a whole
history of pioneers who have forged the methods and
techniques of marketing online - opt-in lists,
mini-sites, article marketing, pay-per-click advertising,
joint ventures... a brief history populated with such
names as John Reese, Marlon Sanders, Ralph Wilson, Yanik
Silver, Corey Rudl, Ken Evoy and countless
others.
A whole new industry has grown
around 'How-to' market online, info products, workshops and web
seminars - teaching people how to market on the Internet. A
marketer creating his own product can prove very productive -
as seen by John Reese's 2004 launch of Traffic Secrets, which
earned over a million dollars in one day. (Without a penny of
paid advertising!)
4.
Online Advertising and Pay-Per-Click
advertising such as those offered by Google Adwords
and others, presents another viable marketing route.
Keywords (the exact words typed into a search engine)
fuel a large portion of the web's activity. Keyword
marketing has become a major driving force behind most of
the economic transactions on the web. This is a very
lucrative sector for those Internet marketers who know
exactly what they're doing.
Then there is the whole section of
SEO experts and consultants who command high prices for
positioning companies or products in the top positions on the
major search engines. Acquiring organic Top 10 search results
will greatly determine the profitability of your online product
or company.
5. Affiliate
Marketing. One of the least understood, yet one of the
most profitable forms of Internet marketing is affíliate
marketing. An online marketer can join any affíliate program
and promote its products or services on the Internet. You
market the products, find customers for the company and receive
a commission for each sale you make from your marketing
efforts. These commissions can run anywhere from 2% to over
75%. One affíliate click can earn you anywhere from a few cents
to several hundred dollars.
Major third party affíliate
programs or companies such as Commission Junction, Clickbank,
LinkShare, Amazon, Shareasale... act as a brokerage or
go-between, representing thousands of Top Brand companies such
as Sony, Apple, Dell... to online affíliate marketers.
Marketers can join a program such as Commission Junction or
LinkShare and be able to promote and market hundred of top
quality products or services online. They can consolidate their
affíliate marketing through these third party
programs.
Perhaps the most common business
model for the majority of online marketers is the last example,
or a combination of advertising and affíliate sales. Many
work-from-home professionals have adopted this business model.
They have created a site or sites on the topic that interests
them and of which they have or have gained some expert
knowledge.
Once these sites become
established and gather a large amount of targeted web traffíc
each day, making a nice income can only be a matter of putting
the Google Adsense code on their pages and placing a few
appropriate affíliate links on their sites.
The more traffíc these marketers
deliver to their sites, the more income they earn. The more
unique content they create, the more income they earn. The more
web sites they design, the more income they earn.
What many people outside of the
web marketing field fail to realize is that the Internet is a
24/7/365 business. The Internet is always on and working for
you. It is automatically producing income for you 24 hours of
the day - while you're sleeping, while you're enjoying a nice
meal with friends, or even while you're on vacatíon.
Internet marketing can provide you
with a lifestyle that is totally liberating - you can live and
work anywhere in the world. You can be the boss, set your hours
and work from the comfort of your home. Plus your whole online
Internet business can be automated so it basically runs
itself.
Internet marketing is totally
flexible. You can adjust your workload to suit your work
habits. Internet marketing is scalable, once you have learned
how to make your first dollar; it is only a simple matter of
repeating and scaling up what you did to earn that dollar.
Computers and the Internet make it just as easy to handle a
thousand sales as it is to handle one sale.
As Internet marketing becomes
better known, it will gradually earn more and more respect. It
will become a well recognized profession that many will aspire
to and follow as a life long career. Mainly because Internet
marketing will give you the freedom rarely seen in any other
profession.
It offers you mobility, a high
standard of living, and a working environment that can't be
beat. It gives you the freedom to follow your interests and
hobbies; all the while turning those interests into viable
revenue streams that supports the lifestyle of your
choosing.
When it is all said and done,
earning a living just doesn't get any better than
this.
by Daniel Scyphers -
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