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Do you know the definition of insanity? It's doing the same
thing over and over again expecting different results. This
definition can be applied to most anything: life, relationships,
and yes, business on the Internet. In a nut shell this means
that if you haven't made any real money on the Internet yet,
then it's time you changed the methods you are using.
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Seems reasonable, right?
Then why after people read the 5 reasons people fail on the
Internet below, they call me and say they are still doing some
of these things because of this excuse or that excuse? Sounds
like insanity to me. But you be different today. Here are the
reasons most entrepreneurs and businesses don't make money on
the net.
Reason #1:
They don't know who their target market is!
Some people put up a website, join a bunch of affiliate
programs, submit their website to the top 800 search engines,
and then just sit there. Their website has all sorts of products
and services. They are selling flowers, kitchen appliances, pet
supplies, books, travel services, etc. What does all these
products have in common? NOTHING!
When you get on the Internet to sell, you must target your
market. Either you are selling to pet lovers or gardeners. You
can't do both from the same website. Visitors to your site want
to spend money. But they will only spend money at a website that
seems focused on a particular subject. Don't be an online flea
market.
Reason #2:
Their website has very little to no traffic!
It amazes me how people think that people on the Internet
will just find their website on their own without them taking
some serious action. Tell me if the following situation makes
sense to you: You open a store in your local area selling
picture frames. You have a street address. How many customers do
you think will find you if you don't advertise your new
business? No one.
Without traffic your business is dead. Traffic is like
oxygen, without it you die. Traffic brings you potential
customers. Some potential customers turn into money spending
customers. That is the sequence for making money in any
business. The Internet is no different. If you don't do
everything possible to attract visitors to your website to
purchase your goods, you won't have any sales.
I know of a website owner who gets only 5 or 6 visitors a
day. No kidding. And he's shocked that his business isn't making
him any money. If a traditional business gets only 5 or 6 people
coming through its door a day, gets what that business does? It
goes out of business! You must make traffic generation a
priority.
Reason #3:
They treat their web business like a toy!
Some people treat there Internet business like a side hobby:
sometimes they work it, most of the time they don't. If nothing
good is playing on TV, they work their business. If a hot movie
is showing, they don't. Is this you?
A very easy way to tell that someone doesn't take their web
business seriously is by looking at the tools they use to
operate their web business.
Tools like:
- free websites
- free email accounts
- free autoresponders
- not responding to their email for a week
- not listing their phone number on their website
These are clear indications that the business owner is just
playing around.
Reason #4:
Their website isn't designed to sell.
The purpose of a website is to first educate and then to
sell. Most websites do neither. If your website has very little
useful content, don't expect people to stay and explore your
site. Remember, people are on the Internet to find solutions to
their problems. They use search engines, directories, and read
ezines to find websites that can solve their problems.
If your website doesn't solve a problem, a specific problem,
your website won't make much money. Your contact information,
address and phone number should be clearly visible. It should be
easy to navigate your site. Your site should be easy to read and
fast to download. It should not be graphics intensive, it should
be content intensive. And, then, after you've educated your
visitor, you should move them to your sales letter and sell your
product.
Reason #5:
They sell products that can be easily purchased in a local store!
Products that sell the best on the Internet are products you
can't easily run down to your local mall and purchase. If you
are selling flowers, pens, pet supplies, etc - it will be hard
to make a profit online because you aren't really selling a
product that solves a problem.
However, if you sell a type of flower or a line of pet
supplies that can't be easily found in a store, now you have a
good start. The Internet is the best place to sell
unconventional items. When you brainstorm a product to sell
online, think to yourself, can this item be easily purchased in
the outside world? If so, you may want to consider another
product.
These are just 5 of the biggest problems I see that cause
failure on the Internet. They can all be solved. Are you doing
any of the above in your current web business? If so, stop it.
About this Author
Christopher Sewell enjoys
showing beginners how to build a successful business online. Want MORE
valuable tips on how to build a successful online business, or tips on
how your local retail store can use the Internet to increase profits -
download Chris's FREE 24-page training guide today at http//www.beginnersguidetoecommerce.com
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