Can You Really Make Money While You Sleep?
If you've been utilizing the Internet for any length of time it's likely you have been bombarded with junk mail claiming you can make money "while you sleep." Most sensible people are bound to ignore such claims of easy money. But is it true? Can you really make money while you sleep? The answer is an absolute YES! However, don't assume my answer in any way implies that it is a get rich quick while you sleep proposition. I know it is possible to make money via the Internet while one sleeps as I have been doing it for a little over a month. Actually, I have been utilizing the Internet to market my business and events for several years with a great deal of success, but it is only in the last month that I began aggressively selling products via my website. Over the last few weeks, between e-products and my latest book, 101 Ways to Get Your Foot in the Door, I have sold a substantial amount of product. Within an hour of launching my products I was making money. From day one, each morning when I turn on my computer I am greeted with sales. What I most like about doing this is the profit margin. With my e-products the profit is close to 100%. With my books there are shipping and handling costs and yet, the profit is still very nice. To the casual observer this may seem fantastic. Truth be told, it is. And yet, I didn't simply put products on my website and the sales miraculously happened. As is true for anyone who successfully sells on the Internet, I have worked on the backend of launching my products for quite some time. Before I made my products available for sale from my website I had to make sure my systems were in place. The process began with a great deal of research into how to successfully launch products on the web. I read virtually everything I could get my hands on by folks who are making money on the web. I listened in on teleconferences, went to seminars, bought other people's products, and spent countless hours becoming very familiar with how the process works. It is important to state I didn't necessarily believe claims from someone just because they said they were making money. Plenty of people are claiming to make massive amounts of money on the Internet when in fact, they aren't. However, there are others who are making incredible revenues from web-based product sales. Before I would accept what someone was saying, I checked them out. I talked to other people either through email or via the phone to find out what they knew about some of the more "well known" experts. I had the opportunity to talk real-time to some of the experts as a result of taking the initiative to contact them with valid inquiries about their products and businesses. With each conversation, book, seminar, e-book and teleconference I added to my own arsenal of information. Over a period of about a year and a half, I had acquired quite a storehouse of knowledge. Knowledge alone wouldn't lend itself to being successful in this new branch of my business. As with other products and services I have made available at various times to my market, I had to make sure that the products I would be introducing would sell. It's all very nice to have something you think is great, but will there be people who will actually pay for what you are selling? I also had to make sure most of the kinks would be worked out prior to launching the products. This took a considerable amount of time meeting with my webmaster. Together we worked on the vision and how everything would link together. Many people are very skeptical about informational products being sold on the Internet. They have every right to be as there is a lot of garbage out there. There are people claiming to be experts when in fact, they aren't. I also know we live in a "try before you buy" world. People have to feel comfortable with the purchases they make. Communication is key. Before, during and after. Offering something at no cost prior to asking for a sale is an incredible way to build trust. It is also important to offer multiple choices in products and prices. Some people are more comfortable making a smaller purchase before they make a larger purchase. For this reason, I have multiple free information products as well as a very cost effective e-book for only $8.95. As you will see when you visit my site and products page, I have several choices I offer. As with a brick and mortar business, it is easier to sell to existing customers rather than selling to a stranger. This definitely proved to be true with the products I introduced. I have thousands of people in my database. I treat my database like gold because it is. I keep in touch with people in my database. This is an area that I often see people lose substantial amounts of revenue. They fail to constantly mine their database or keep their name fresh in people's minds. As a result they are not able to fully realize the profits that come with a well groomed database and name recognition. As with any type of business, my continued success with this stream of revenues will be determined by whether or not I keep in touch with people, how I market my products and how valuable my information is. Yes, you can make money "while you sleep." And yes, it can be very profitable. However, your level of success will be directly proportionate to your level of commitment and professionalism in this avenue of your business as with any avenue of your business. Copyright © 2004 by Kathleen Gage Publishing Guidelines: You may publish my article in your newsletter, on your website or in your print publication provided you include the resource box at the end. Notification would be appreciated but is not required. About The Author Kathleen Gage is a business advisor, keynote speaker, and trainer that helps others gain dominance and visibility within their market. Get Gage's FR*EE report "Learn How One Salt Lake City Based Consultant Made Over 100k with One Idea" by visiting www.kathleengage.com. kathleen@turningpointpresents.com
Related News
|
 |
|
|
RELATED ARTICLES
How To Find Deep Discount Pro Online Marketing Tools
You can't row a boat without an oar or build a house without a hammer. And, you can't build an online business without essential Internet marketing tools. Sadly, thousands try (unsuccessfully) everyday.
Getting Your Business Listed for Local Search is Just the First Step
The Public has Embraced Local Search and Want to do More
Advertising That Yields the Best Results
In today's world, online advertising is KEY to the success of your business. Your initial approach is what draws the curiosity that ultimately leads to the sale of your product. And of course, you only get one opportunity to make a first impression, so let's learn how to make it a great one!
Online Marketing: Math or Myth?
The numbers are supposed to be big in online marketing, but are they significant in the online marketing of music? Clearly, we need someone with 'Net experience to set a few things straight. Scott Meldrum is a businessperson and musician with a dry wit and a background in bulk mail. Oops, excuse me, direct response advertising. He's also the man called on by major labels when they want to brand an artist and reach millions of fans via the Internet.
The Biggest Internet Marketing Mistake Victorias Secret Will Never Make
Victoria's Secret has about 1500 retail stores, a world class catalog, and
according to Alexa.com, a website that is consistently in the top 100 websites
on the plenet, as measured by traffic.
An Introduction to Mortgage Marketing
The other day I had an appointment to meet with a client about a real estate classifieds website. We decided to meet at a local restaurant and discuss the project over a few beers and oysters. For the first hour or so we talked about his goals and the general operation of the website, the design, functionality and his goals for the next year or two. I finally asked him about his marketing budget and what forms of advertising he was planning to use. Not to my surprise, he replied "I will just get listed in Google and the rest will fall into place." Mind you, I'm sitting there with a well proposed business plan in hand, mission statement and all, although the section on marketing was no where to be found. I spent the next hour giving my new client the abridged version of Internet marketing and advertising. Needless to say, the reality made him reconsider his marketing plan.
Consumer Confidence Increased With Paypal
In the last year I have met people that have tried to market their products on the internet. They have spent a significant amount of money on email marketing, pay per click advertising, safe lists and more. A majority of these people became disillusioned because their revenues from sales of their products were less then their advertising budget. They became very confused since their website statistics reflected a significant increase in hits which did not correlate to the number of sales.
10-Essential Points When Considering Pop-Under Advertising
I have been running tests on the use of Pop-Unders to promote several types of products and services. Note that I am discussing POP-UNDER'S... not Pop-UP's. I consider Pop-Up's too intrusive. Pop-Under's on the other hand load in the background when visiting a site and, therefore, are not perceived in the same way as the much more intrusive Pop-Up.
Network Marketing Online ? The Method
Network Marketing online works by giving you your own online store and leaving it up to you to get people there. By doing this the company save millions a month in advertising. Not to mention physically opening a shop in every mall and the cost of running it. So the money is saved by making it online. The incentive to you is the commissions.
How To Actually Make Money In Network Marketing
Most people that I know who are, or have been in network
marketing, never seem to make a dime! Others (myself
included) make a small fortune. If you're not doing VERY
well with your business, and you're honestly putting in
the effort, let me explain to you how to turn things around!
Tracking Google and Googlebot Using PHP
Many people work for hours and hours, days and days to make sure the Web site they have is ready for Google and it's Googlebot whenever it might come for a visit.
Words That Sell - Internet Marketing
Choosing your words will be the ultimate make or break you in the Internet Marketing industry and there are some words that will stand out like an Eskimo taking a walk through the desert looking for his igloo.
Why You Should Use Turnkey Websites To Jumpstart Your Ecommerce Activity
Most people looking to do business online have heard of turnkey websites. They seem to be a one stop solution to getting an online business going without all the usual hassles associated with an online startup. Take a look thought the business & industry section of eBay and you'll see thousands of turnkey sites, sometimes going for hundreds of dollars.
Five Proven Methods for Internet Marketing Success
There are hundreds of ways that you can promote your online business or website, some more effective than others. These five proven methods will help you to generate traffic to your site and also to generate income into your wallet.
How To Produce The PERFECT Viral Ebook
Viral marketing is probably the number one method for
generating traffic and sales - IF it is set up properly.
Top 10 Internet Marketing Tips For Your Home Based Business
This article can determine the success or failure of your internet marketing strategy. You see, there is ONE question anyone getting started with a home based business opportunity NEEDS to have the answer to:
Starting an Internet Business is not for Everyone
Creating and building your home internet business does not need to be a daunting task. Knowing how to start an internet business will pretty much be the most important thing you would want to know. Starting on the wrong foot could discourage or demotivate you into building your home internet business.
Six Techniques to Triple Your Website Hits
Welcome,
The Ugly Side Of Internet Marketing, What The Gurus Wont Tell You!
Did that headline grab your attention?
The 3 Secrets of High Traffic Sites
It seems to be in vogue these days to downplay the importance of web traffic. It's popular (and perfectly valid) to say things like: "Traffic is worthless if you don't turn it into money."
|
