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5 Common Mistakes Every Online Business Owner Should Avoid
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Get your own domain name and web site. There are many marketers who want you to believe that you can make lots of money without having your own web site. Make a professional staement and get your own domain name and web site.
3. Too Many Activities to Manage
Is The EU Ready?'Bible Prophecy'Eschatology' Most of you are familiar with the Second Coming of Christ. In ..... Pick your affiliate and mlm programs wisely. Most newcomers fail due to the lack of focus. Too many programs will not increase your chances of hitting the jackpot. Focus on the most effective programs and stick with it. You will be rewarded in the long run.
4. Spending Too Much Money Too Quickly
Spending your hard earned money on advertising can quickly turn into an addiction. Meaning that you fall for the myth that the more you spend on advertising the more money you make. Wrong. You could spend all the money in the world on the wrong marketing strategy and still not making a profit. This will happen to you with all the pay-per-click search engines. There's a reason why Google is skyrocketing at the stock market. There are too many advertisers spending too much money on pay-per-click and are not realizing that the only winner is Google themselves. The only thing that will stop this behavior is you either run out of money or your credit card is maxed out. My advice, pay-per-click is the last part of a well planned marketing strategy. There are much more effective advertising vehicles available than pay-per-click.
5. Don't SPAM
This is single most reason why startup online businesses get in trouble and actually have to close and start all over again. If you have a newsletter or some other information you want to distribute via email. Only use verified email addresses, typically double opt-in email addresses that you collected. Stay away from any brokers who want to sell you huge lists of emails for pennies. This is the surefire way to get into trouble and out o business. My advice, slowly grow your email list with verified addresses only. These people actually want to hear from you and are more likely to buy from you.
Unfortunately I didn't have this information when I started my online business and I paid for making these mistakes. Don't do what I did, do what I'm telling you to do. Sounds familiar' Well in this case it is just a recap of my experiences and hopefully you get some use out of this.
Sincerely,
Peter Dobler
' 2005
About the Author Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner.
Tap into multiple streams of income at http://www.mypluginhomebiz.com
Or learn more about the power of viral marketing; send a blank email to mailto:pdobler@getresponse.com
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