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Six Models of Success on the Internet
by Terry Dean
If you want to build something...first find a model!
During the past week, I have spent a large amount of time studying
successful web sites and finding out what it is that is separating them
from all of the run of the mill web sites which are just there.
It is really interesting when you stop for a moment and look at why
certain sites are becoming extremely successful on the Internet. What
really stood out to me more than anything else was the variety of
different types of
businesses there were out there.
I researched extremely successful sites which focused on web
hosting,
business opportunities, pet products, golf, computers, information, and
even paint thinner! Anything, if planned appropriately, can be sold
online.
The other thing that has stood out to me is the variety of different
models of success there are out there. A key to being successful in any
venture is to find a business which is already doing what you want and
model after them. Play follow the leader.
I can't go into every model of success I have found, but I do want to
introduce to you six different models which kept springing up over and
over again in successful sites.
As you look over these models, you may find that you are on your way to
becoming just like that type of business. If so, good. If you don't see
anything listed here which is what you are trying to do, you really
should stop for a minute and organize your plans to more closely follow
a successful web site model.
You may even find that your business fits into more than one of these
categories...if so, again you are probably following the right road in
your business.
Model #1 - Free Information Provider and Opt-In List Builder
These two things go hand in hand. For months you have heard me tell you
over and over again that the profits in an
online business
are in the
Opt-In List. Well, it is still true and I am going to keep right on
telling you this.
Look at the most successful business online and almost without fail they
are the same
businesses which are building the Opt-In Email Lists. One
key that you have to remember though is that you MUST provide high
quality information to your list and not just a bunch of ads. If your
newsletter is just an ad sheet, you can be assured that it will almost
NEVER grow!
Then, learn how to write effective offers which ride right along with
each of your mailings to the list. Once your list begins to grow, you
will find out just how easy it is to build a Guaranteed Monthly income
on the Internet.
Advantages: You can build your list up each month and watch your
guaranteed monthly income go up right along beside it. It can be an easy
way to create a Residual Income no matter what products or services you
are selling.
Disadvantages: You have to like to write. If you hate writing and only
want to send out pure advertising without value, you will find that this
is a very hard road to travel.
Model #2 - Malls and Co-Op Advertising
Another successful model I found were sites which could almost be
considered malls with many different products and advertising
opportunities. Although a site like this wouldn't be successful in most
cases by directly advertising, the mall owners came up with a very
simple and effective method of creating awesome traffic at their sites.
They would start Co-Op Advertising online, in postcard decks, in
magazines, etc. They would buy a large ad or postcard deck card and then
split it up between 10 - 20 others and everyone would pay a small share.
Then, the mall owner who is running the co-op would get his share for
free and even sometimes make a small profit from the deal.
Being a co-op participant can be a low cost way of getting traffic to
your site, but the real opportunity opens up when you start running
co-ops yourself in this manner. I know of one Internet marketer who gets
over $150,000 a year in free advertising by running these types of
co-ops!
Advantages: You can get $100,000 or more free advertising if you
schedule enough co-ops and they produce good leads for each of the
participants.
Disadvantages: If your co-ops don't work for everyone involved, expect
to have some serious trouble growing.
Model #3 - Free Services and Paid Advertising
If you find a service people need such as
autoresponders, forms on their
site, search engine listings, traffic tools, etc., you may find that
this is the model for you. Sites which provide something extremely
valuable for free can often take their traffic counters into the
thousands literally overnight...then they can start charging people for
placing banners and other types of advertising on their site.
You may think it is hard to come up with a Free service to drive traffic
to your site, but it really isn't that difficult. Spend some time over
at http://www.cgi-resources.com
which contains thousands of CGI programs, many of which are low or NO
cost. Some of them would also make great traffic generators if you would
position them on your site in a unique way.
Advantages: You never have to pay to advertise this site. If your Free
Service is extremely valuable and unique, word of mouth and press
releases will be all of the marketing you need for it.
Disadvantages: The hard part is coming up with the winning idea.
Model #4 - One Product Page and Paying for Advertising
People don't talk about this technique as much as some of the others,
but I have found it to be one of the easiest ways of making a good
income online. When you find a hot product that you know a certain
market is interested in, then focus on putting up the best sales letter
possible with just one or two pages about the product.
Then, focus all of your marketing towards bringing people to that page.
By presenting people with only one choice at your site, you eliminate
any of the possible confusion or distraction which come with multiple
page sites. From studying all of the different models, this one will
usually have the highest response rate per visitor.
After someone buys your first product, you can then introduce them to
all of your other products and services on the backend to create
multiple income streams.
Advantages: This type of site has the highest sales rates of web sites
because it eliminates the confusion and distractions.
Disadvantages: The biggest disadvantage is that you can't expect too
much
free traffic. You will have to pay for all of your traffic in most
cases.
Model #5 - Catalog Sites and an Affiliate Program
Many sites have hundreds of products and services so choosing a lead
product like the above model just doesn't make sense for them. Usually
in these cases, I recommend going with creating a catalog site and
building a network of affiliates.
Look at the size of Amazon.com's
affiliate program. It is quickly
establishing itself as the number one bookseller in the world. No one
else is even close. Much of this is due to one factor...their
affiliate program.
Every day new
affiliate programs spring up...and go down. If you have a
selection of products which have a strong USP and are good sellers
online you have the makings of a good
affiliate program.
Make sure to allow your affiliates to link to specific products also,
not just to your main
site. This will allow them to earn maximum commissions.
Advantages: This is the way to take over a large market share on the
Internet...expect to see in the coming years that probably as many as
40% of the top profiting sites will be
affiliate programs.
Disadvantages: You have to support your affiliates better than the
average site AND you have to be able to handle the amount of orders that
will be coming in. Neglect either one and your
affiliate program won't
last long.
Model #6 - Community Building Even If You Don't Have a Product to
Sell.
The other side of the
affiliate program are those who sign up as your
affiliates...the most successful of which will usually be those who have
built an online community around a certain subject or hobby.
By putting up a discussion group, providing links to interesting
content, publishing an
ezine, and more you can build an online community
around a specific subject that interests you and others.
Then, as your traffic grows, you can join
affiliate programs or set up
joint ventures to offer your audience products or services which are of
great interest to them.
Advantages: You can start this type of business without even having a
product or service to sell. You can build a traffic base and then ask
your visitors what it is that they want. Then, you can find the exact
products or services they want and need!
Disadvantages: You will have to go without much income for a while until
your traffic begins to grow to a high level.
Each of these models presents a possible
online business for you. Which
one interests you the most? Which one do you understand the best? Which
one would your enjoy?
Pick one or more of these above business models for your
Internet Business and you will have taken the first step to Internet success...
"Getting Started."
ABOUT THE AUTHOR ...
Terry Dean, a 5 year veteran of Internet marketing, will Take You By The Hand and Show You Exact Results of All the
Internet Marketing Techniques he tests and Uses Every Single Month" Click here to Find Out More:
http://www.wealth-spring.com/energize/netbreakthroughs.htm
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