How to Earn High Income From Golden Opportunities
Money making Tips By - Royan Shaw
The top money makers who use the internet as a base to generate hundreds of thousands of dollars in earnings all
use a simple approach: Identify a product or service that has great sales potential but is not yet over-exposed in the
marketplace. They assume "ownership" of the product or service and then promote it as if it's their own.
Overexposure is what kills a lot of products and services available for commision based marketing and promotion.
Most programs tend to have thousands of affiliates signed up to market and promote them but only about 2% to 5%
of those who signed up actually do make any money.
Why?
The answer is simple, 95% of us who try to make money from the programs we join fail because of these simple weaknesses:
1. Lack of knowledge of the product and it's benefits and how to describe the value contribution the product brings.
2. Failure to add a personal touch or improve upon the ideas (given) that are best suited for the niche.
3. Failure to get feedback and opinions from those who might have purchased the product before
4. Forgetting to treat the program you join as an investment of time and money (a small capital input is always required)
5. Silly enough to do the same thing (not being target specific, advertising in the wrong place at the wrong time) just the same way as the ones who failed before.
6. Ignorance of the demographics, advertising media and locations to market and promote
7. Failure to introduce product or service to fresh prospects and new areas.
Another point of failure is to follow everything you hear from everyone until you become obfuscated, losing interest in promoting the program due to low or non earnings or over-spending with little or no return.
The key approach to identifying potential selling success of products and services is to become systematic, in other words test before you implement.
Identify your target market and create a stake holdership program with your prospects. Do a periodic test with the marketing approach you have in mind.
If you manage to earn a Thousand Dollars for a week's worth of advertising and promotion with a budget of Two Hundred Dollars, this doesn't naturally translates into earnings of Fifty Two Thousand Dollars worth of income on a Ten Thousand Four Hundred Dollars annual income and budget.
Test for scope and try best to identify the cycle the product is in by determining the stage in the product life cycle at which the product might be at the time you joined the program.
I plan to introduce on my blog, a number of recommended programs for which I will outline the sytematic approach needed to make these programs work for you and others. Each product you promote will require it's own signature and identity to get to the target market and complete the value for value exchange.
This is to offer persons a safe place to start without the noise and distraction in choosing and sticking to a program that do work so very well for some but was just a fleeting interest for others who failed to earn a penny due to lack of knowledge.
