subject: How to Make Your First $500 Online [print this page] How to Make Your First $500 Online
Your first sales online is a thing to be proud of. Some people make a small amount at first and then pick up speed as they progress. Others just stay at the same level and just never make more than a paltry sum online. Still others never get off the ground at all and just give up. In fact it is not hard to make your first $500 online. You just need a system which you can duplicate over and over again.
7 steps to success:
Decide on a concept: Your concept or idea for your business should be something you like not just a money making idea. There are three sources that you can create your business concept from.
Your hobby: many people are quite passionate about something and decide to make it into their hobby. Surprisingly enough you can actually make money from many hobbies. Golf is a common one, you can sell manuals, videos, golf balls and clubs and all sorts of things relating to this sport. Your experience: if you have been caring for an elderly parent you can help other caregivers. You can start a resource site and again affiliate for different books and helpful information, or you can even have a question and answer site and sell related products. Your talent: If you have a talent you can offer a service and even add some manuals and reports to your site. If you are a writer or a web designer you can make money doing freelance work. You can do this as a computer programmer and many other fields.Define your market: find out about your market and analyze your most wanted visitors. These are the people who will become your potential customers. Find out their wants and needs and customize your products to fit these demands.Become an expert in your field: educate yourself and become the expert in your field. This will help you to find products and services that will help your market. You will also be able to write blogs and newsletters when you know your industry well.Find a product to sell: Create your own product: you can create your own in demand product. Use PLR: PLR or private label rights to products means that you can sell these products at your own price and make them your own. These products are good to offer as back end products as well. Find affiliate programs: affiliate programs are easy to sell you can find some that relate to the industry or market that you have chosen. You can either sell them alone or in association with your own product.Make a theme website: make a website with a central theme and sell your main product plus a number of related affiliate products. You will be able to sell your main product and then you will also sell your affiliate programs. Put Adsense on your site and you have another source of income.Publish a newsletter: capture leads by publishing a free newsletter. Even if your visitors do not buy on their first visit to your website, they will often sign up for your newsletter for more information. In this way you will build your own business list of potential customers. You will be able to put a couple of offers in your newsletter and over time your subscribers will buy from you. Plus when your list gets big enough you can accept a limited number of paid ads and earn money this way through your newsletter.Drive traffic to your website: Use multiple ways to drive traffic to your website. When you drive a number of targeted visitors to your site you will be able to sell your products and gain subscribers to your newsletter. Always track and test promotions to find out exactly where your sales are coming from. This will allow you to spend more money on profitable methods of promotion and not waste money on ones that are not producing sales. You can do split testing to try out sales copy and ads. This will ensure that you use the best copy and get the best results from your advertising. You can track your promotions, visitors and sales then you can record them on an excel sheet.With these methods you will be able to make money. Once you have made your first $500 you will be able to duplicate the methods you used to make money and increase your income. http://www.articlesbase.com/ecommerce-articles/how-to-make-your-first-500-online-2782783.html
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