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Make Money Online - Requires Time, Patience and Research

What I enjoy most about working on the internet is the flexibility. I can work from home, from the park, from a friend's house, you name it. However, the best part is that there isn't someone looking over my shoulder, pointing to their watch, indicating that coffee break is over. That being said, it is a business. I still put in my full eight hours and quite often more than that to give my business the attention it deserves. Like any business, there are the basics you have to consider and the more thought you put into it the more successful you will be.

Here are just a few things to keep in mind:

Identify your market. Do a lot of research. First, is there the potential to make money online with this business? Analyze your costs for supplies, advertising, shipping etc. Think about who will be buying from you. Will your customers be mainly male, female, seniors or students? Also, consider what countries or languages you will be targeting. Then design your site to suit your potential customers. For example, if you want to sell car parts, a pink website probably wouldn't make the right first impression.

Learn from your competition. Browse the search engines using targeted keywords in your market, in order to find out what your competition is doing. Visit their sites and make note of what appeals to you. Look carefully at all aspects. What type of advertising are they using? What keywords are they using? What target group are they focusing on? One of the best ways to succeed in making money online is by watching and learning from someone who is already successful at it.

Know your product. Will it be a physical item you sell? If so, then you will have to look into shipping, customs taxes and other related issues. You will also have to have a method of taking payments online set up. Remember to personally try out your shipping company to ensure your customers will have a hassle-free experience. If you design an information product, you will have to consider what would be the best method to distribute it. You may want to join a service like Clickbank or Commission Junction and partner with some affiliate marketers. Perhaps, it will be someone else's product entirely that you are going to be marketing. If it is someone else's product, make sure you buy it first to determine if it is worth your time and money to promote. Besides, if you don't really know the product it will be much more difficult to sell it.

Stay focused. Work on one thing at a time. There are so many distractions on the internet; emails, websites, games. Break your day into sections. For example, when you start your day, check your email. Then mid morning is your research time, after lunch you work on marketing campaigns or on developing your website. You will find that you will get a lot more done this way and have a tremendous feeling of accomplishment at the end of the day.

Understand the importance of testing. The key to making money online is getting extremely targeted customers to your website. Traffic really isn't very exciting if no one is buying. You will have to test your website. Does it appeal visually to your target audience? Does it load quickly? Is it easy to navigate? We are impatient creatures, if a potential customer gets frustrated by not finding what they are looking for, they are gone. Test your marketing campaigns. Will you use affiliates, banners, pay per click ads, mailing lists? More than likely, you will be wanting to use quite a few different methods, but you will need to pay careful attention to what works best for your product and concentrate your efforts there. Once you find your method, stick with it and repeat, repeat, repeat.

Be Determined. Rarely do people succeed on their first attempt. Many of today's big money earners spent months and even years struggling before they found the technique that worked best for them. Making money online is like any other business. It takes time, patience and research. However, once the pieces fall in place, all that hard work will be well worth the effort.

Kay Vaughn has been enjoying the flexibility of having her own profitable online business for the past 3 years.



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Article Source: http://EzineArticles.com/?expert=Kay_Vaughn

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