This post will be addressing a few common issues with newbie’s who want to make money online but find themselves failing.
Even worse, they are getting the wrong impression of internet marketing and often associate online marketing with scams and pyramid type schemes.
They are of course wrong and there are several reasons why this happens.
HYIP (High Yield Investment Projects)
This looks so lucrative on the outside but in essence it is more of a scam and only part of the members ever get results. There projects are very short-lived and works on the fact that they need more and more paying members so the first ones can get their payouts.
Once system can’t recruit new paying members (aka your downline) the project gets shut down and you loose all money invested not to mention any promised interest and future profits.
Fail.
PTC (Paid To Click) and similar schemes
Paid to click sounds again like a very lucrative opportunity – all you need to do is look at ads for x amount of seconds or click on links and money is made. While it is true, money can be made this way – but you need to look at the other side of coin – the actual payouts.
Often one gets paid half a cent per ad view (usually 30 seconds), so at the best 1 can make 1 cent per minute or 0.60 USD an hour so if you do it 8h a day, you cold end making $4.8/day.
Problem with this is not only small rate per hour but also the fact that no-one can do this 8h a day, because these systems will not give you that many ads to view.
End result – well, you might get $10 here and $5 for a months work but overly you are wasting your time.
Fail.
JUMPING
The jumping syndrome is something that is characteristic to all new internet marketers.
They jump from one opportunity to another without actually giving the first one a proper go.
The thing is – it takes time to master a strategy and then apply it fully, often it requires much deeper research. For example – for many people blogging has made them a nice living and in some cases gigantic fortunes. But there are ten times more people who fail.
They failed because they didn’t stick to the system long enough to master the strategy, didn’t produce enough content, didn’t use best practices and didn’t have a plan.
One week later they jumped onto video marketing, then article marketing, then spent $500 on PPC then joined next huge MLM company, then decided to earn with contextual ads, then ran to email marketing, then to black hat SEO and so on and so on. Every time scratching just the surface and then running to the next massive thing.
We know where it leads.
Fail.
The Solution
The simplest solution for you is to stick with MoreNiche, go trough the free marketing guides and video tutorials, set up a plan, review it with your affiliate manager and then MAKE IT HAPPEN!
Yes, it will take time and efforts but that’s the key to success.
Success.
