How to Profit on the
Internet
By Harvey Segal DECIDE WHAT YOU ARE
GOING TO SELL
The online business
opportunities that you will come across can be
neatly divided into two areas:
(1) Products (2) Services.
1.1. Selling
Products
When you sell a product you can
either carry out the whole operation of handling
orders, stocking and shipping the goods,
processing the payments
OR
simply market for a company
that will handle all the administration for you.
Your job is merely to get the orders to the
company and then receive commission.
What product
sells well on the Internet ?
The item that has been hailed
as the number one business product of the future
is . . . INFORMATION.
Examples of highly successful
information products are the 'how-to' and
self-improvement books. If you are knowledgeable
about a particular subject you could consider
writing and developing your own product and
delivering it via Email.
1.2. Selling
Services
One advantage of selling a
service is that you can often generate a
'residual' commission - a monthly income all the
while that the customer continues to use the
service.
What service
is suitable for online selling ?
As the Internet boom continues
the most obvious candidate is any service which
assists companies in using the Internet. For a
superb example look no further than the familiar
autoresponder.
An autoresponder spends 24
hours a day delivering information to inquirers
from classified ads or news articles. If you have
ever had to reply manually to 100 responses to an
ad you will realize the importance of an
autoresponder to any business setting up on the
Internet: in a word . . . INDISPENSABLE.
HOW TO
ADVERTISE
2.1. The
2-STEP Approach
The usual method of advertising
is to have short Classified Ads which leave the
reader in a state of enticement, so that he then
asks for the full detailed information in your
sales letter, ideally sent by autoresponder. The
purpose of the ad is not to try to sell the
product - it is simply to get interested people
to respond.
As your ad may be competing
with dozens of others in the same publication you
must aim for a winning headline to make it stand
out. Use key words which attract readers such as
. . . Free, How, You , Money, Secret.
2.2. Using a
Signature File
A Signature File is a section
of text that you place at the end of your
articles or Email messages. It should contain
contact details and a brief summary of what your
company offers.
WHERE TO
ADVERTISE
3.1. Where to
place Classified Ads
Online
Services Classifieds:
The major online services such
as AOL, Compuserve, Delphi, Genie, Prodigy, MSN
have sections for placing classified ads.
Ezines
(newsletters):
Ezines are Email magazines
which you can subscribe to - usually for free.
Most Ezines offer low cost advertising and are
also an excellent source of marketing tips.
WWW (World
wide web):
You can set up your ads at web
sites for free or at low cost.
3.2. Using
Signatures in Discussion Groups
A discussion group is a group
of people with a common interest in a specific
topic. If you participate in discussion groups
with useful contributions or helpful articles you
can add your signature files at the end of your
posting. Here are examples of discussion group
areas.
Mailing Lists:
There are thousands of mailing
lists available on every conceivable topic.
You become a member of a
mailing list by sending a simple 'subscribe'
Email message to the list. You can post a message
to the list and it will be distributed
automatically to all the subscribers.
Newsgroups:
Newsgroups (also known as
Usenet) are similar to mailing lists except that
you need to access the newsgroup with a
newsreader online (whereas mailing list posts are
sent to your Email box).
Online
Services Forums:
Similar to newsgroups, usually
better controlled and organised.
3.3. Other
places for free ads
Newsgroups:
Some newsgroups allow ads.
Examples are alt.internet.commerce,
alt.make.money.fast, misc.entrepreneur.
Online
services Forums:
There are forums where ads are
acceptable: try looking for forums which have
sections with titles such as 'Opportunities',
'Marketing',
'Business'.
3.4. Direct
Mail
Direct mail is the sending by
Email of your advert or sales letter to a list of
people who are looking for the product or service
that you are offering. Such a list can be
purchased from a mailing list broker.
PUT YOUR WORK
ON AUTO-PILOT
Here are some software tools
which can automate your work and reduce time and
money spent online.
4.1.
Autoresponders
We've already shown above the
importance of autoresponders for any online
business. You can use them to respond to
inquiries with any information you wish such as a
sales letter, price list, catalog, ordering
information.
4.2. Free
Agent (for Newsgroups)
Free Agent is a powerful and
easy-to-use newsgroup reader. It allows you to
browse newsgroups both online and offline.
4.3. Navigator
(for Compuserve Users)
CompuServe Navigator (CSNAV)
allows you to set up in advance a script to
navigate the Compuserve Forums, sending and
retrieving messages, downloading from or
uploading to the libraries.
4.4. Waytogo
(for AOL users)
If you want to post ads on AOL
classifieds then, instead of manually navigating
the various menus and options, you can automate
the task with a program called "Way To
Go".
4.5 Internet
Fax
Even though you are working
online you may still need to contact customers by
FAX. You can now make great savings in time and
costs by sending faxes from your PC via the
Internet using Fax/Internet software.
SET UP YOUR
OWN WEB SITE
Once you have developed a
portfolio of (ideally) related items you will
want to bring all the information about them
together on your own web site. The website will
provide you with a 24 hour international presence
and a means for people anywhere in the world to
obtain free reports about your products or
services instantly, especially when complemented
with autoresponders.
5.1. Design
considerations
- Make your site easy to
navigate
- Don't clutter up your
pages with information
- Ensure that there are no
long delays in loading web pages (the
chief cause of this is the use of large
graphics)
5.2. Content
Make a good first impression
with your front page, make it interesting and let
it show clearly what the rest of the site
contains. You may only have ten seconds or so to
keep your visitor's attention.
Offer free information and
useful articles. Ensure that the content of the
site continually changes, consider a weekly
column of hints and tips.
HOW TO PROMOTE
YOUR WEB SITE
6.1. Register
with search engines
When people are scanning the
Internet for a specific product or service they
use 'Search Engines' to feed in a 'keyword' to
specify what they are looking for. You can submit
your site to these search engines specifying the
key words that make up the site, so that your
site can then appear in such searches. There are
over 20 major search engines, some popular ones
being:
- Alta Vista
- Excite
- Infoseek
- Lycos
- Yahoo
6.2. Publicity
Now that you have a web site
you can include it in your signature and
therefore publicize it
- whenever you send an Email
- when you contribute to
discussion groups
- when you contribute a
posting to an Ezine
You can advertise offline by
including your web address on your company
stationery, business cards, letterheads,
envelopes etc.
BECOME AN
EXPERT
Learn how to find information:
Master the use of search engines.
Learn from the work of others:
Study other ads, other web sites, other signature
files.
Study online marketing methods:
Visit newsgroups and forums, and subscribe to
mailing lists. You will find excellent marketing
tips from Ezines - just see the footnote below.
Brought to
you by: World Wide Information Outlet - http://certificate.net/wwio/, your source of
FREEWare Content online.
This article
is an extract from the publication "7 Steps
to Online Success" which contains full
details of all the sources of information
mentioned above, such as web site addresses,
lists of ezines, mailing lists and newsgroups,
software tools and services and also includes
relevant business opportunities and many more
valuable ideas.
You are
welcome to read the "7 Steps to Online
Success" PLUS Harvey's FREE BOOK "The
SuperTips Book of Internet Marketing"
at http://www.supertips.com/
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