Can you make money online in your holistic business?
Tuesday, March 18th, 2008“Nothing of great value in this life comes easily. The things of highest value sometimes come hard. The gold that has the greatest value lies deepest in the earth, as do the diamonds.”
– Norman Vincent Peale
The internet is certainly a powerful tool. And, you may have seen all those ads out there telling you that you can make loads of money online. You may have even bought some products or books that teach you how to leverage the internet for your business.
But is it really possible to make lots of money quickly online like these products promise?
To leverage the internet, you need a few essential things happening in your business.
First, you need to be reaching a lot of people. A “response rate” is how many people respond to your offer. A good response rate is 1%. Yes – 1%. So, if you are reaching 1,000 people with your marketing message, 10 responses is considered good. Now, if you are reaching people who are really qualified – meaning they are really right for your products or services, your response rate will be a bit higher.
The second thing that you need for successful internet marketing is an established name – or a way for people to get to know you. 95% of the time, when people land on your web site for the first time, they will not make a purchase. The internet is a great place to window shop, and people don’t readily hand over their money. Think about it, how often do you purchase from someone the very first time you land on their site?
You need to have a way to stay in touch with people when they land on your site. You’ll see a lot of people do this through a newsletter or a blog. This way, you can build a relationship with people who may be interested in your business, but just aren’t ready to purchase from you yet.
The third thing to remember is, it takes time to build a business – online or offline. Just because the internet is accessible 24/7 and it has the potential to give you exposure to 100’s of 1,000’s of people, doesn’t mean it’s any easier to build a business. You still have to work at it.
I realize these internet marketers promise that you can make loads of money with seemingly no hard work. And, if you had a list of 100,000 people or more like they do, and you’ve been in business online 10 years or more like they have been, then yes, it’s really easy to be making 5 or 6 figures per month pretty quickly.
It’s entirely possible to make money online. You can create products, and even services that are available to people across the world. But it will take time, and you need to employ effective marketing techniques to really leverage the internet.
