6 Reasons Why You're Not Making Money Online - By Daegan Smith
The opportunity to make money online is so vast, yet so many people stumble and fall on their face. There really is no reason for this to happen. Below is a short list of questions you need to ask yourself if you're not making any money online. If you answer no to any of these questions then you've most likely pinpointed why our not making any money.
1. Do you have a target audience?
Do you know who you're marketing too? I'm mean specifics. Do you know there problems? Do you know what frustrats them? Do you know why your product or service fulfills their needs? If you don't have a clear cut answer to this set of question then this should be a surely a red flag. Study your market. Know who they are.
2. Do you have a product or service?
So many people get into affiliate marketing online because they see the opportunity to make money. They don't know what they want to sell they just know that they want to make money. Do you know what you're selling? Do you have a primary product that fulfills your target markets need? If not, stop and figure it out now.
3. Do you have a website?
It seems pretty stupid to ask this question, but some people overlook this glaringly simple detail. It's very simple. If you do business online you need a website. If you don't have a website now go get one!
4. Do you have traffic?
Do you have a stream of prospects viewing your product or service at your website? You can't make any money if no one ever sees what your offer. If you don't have traffic to your website do you know where to get it? You really don't need traffic 24-7 to make money online. All you really need is to know how and where to get quality targeted website traffic when you need it. If you don't how to get traffic to your website then again you'll have problems making money online.
5. Do you know how to market to your market?
This is where many fail. They think if they have a website and they have traffic then magically they should be making money. That's not the case at all. You have to now how to offer your product or service to your market in such a way that they take notice and see value in what you offer. Your unique selling position must be compelling to your prospects.
6. Do you follow up with your prospects?
Do you have way to follow up with your prospects? If you don't have a method of follow up then you're really missing the boat. Most of the money that you make in any business is made in the follow up. If you don't currently follow up with your prospects do it.
Conclusion:
If you can answer yes to the questions above then you're probably making money in your online business. If not, find out where you're weak and improve. When you can answer yes to all of the questions above then you will be making online I promise.
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