2 Ways Of Making Online Money
In essence, it is coming up with an info-product that will solve an existing problem. Say for instance, you see that people have a problem with writing articles, then you put up something like a rewriter software.
Or, if you know that many individuals are trying to plan their joint venture's details, you can invent a joint venture profile software. Essentially, you'll be the first individual to sell in the market. Make sense?
But if you want to lower your risk of failure and make money faster, I'll choose to be an innovator. Study the existing products available to fill the demand of a market. Check how good the sales volume is. Then, I'll be an innovator to present improved solution or tap on the existing opportunity.
Not sure what this means?
Let me explain ...
If you happen to notice that there are a variety sales letter generator software right now in the market, that's because there are a lot of innovative marketers. An additional case of an innovator marketer is the somewhat new company called PayDotCom that provides similar service like Clickbank.com.
It was created successfully after the creative company called Clickbank.com. When it comes to giving credit card processing service with built-in affiliate tracking program, Clickback.com was the first to provide such. At present, there are new innovative marketers that have presented an affiliate tracking tool that can be included with other credit card processors like Paypal.com, 2checkout, authorize.net, and so on.
Innovative marketing doesn't limit to duplicating what is successful and trying to be superior, bigger or cheaper. That's a very narrow observation on how to be profitable which will eventually fail. {Just|Simply] by adding these 2 added ingredients in it, you'll change the entire profit model:
1. Finding an angle
Finding an angle means positioning yourself different from the originator. For Instance, Clickbank.com is a success. However other affiliate tracking tools that did not have a built-in credit card processor were very successful as well by joining with third party credit card company. A good example of this, is again, PayDotCom.
2. Complimenting with the pioneer
Create an info-product that can ride on the existing successful market. Let's take Clickbank.com as an example for discussion purpose. To improve the ease of using Clickbank, a lot of new tools were made.
Examples are: Software to manage your Clickbank.com affiliates; Software to extract your Clickbank sales report into a Microsoft Excel file; Software to make Clickbank.com search engine tool that is integrated with Clickbank ID;Video tutorials on how to put-up Clickbank.com account; and many more.
See what's happening on the internet.Decide if you want to become a creative or innovative marketer. Then, TAKE ACTION!