Yanik Silver's Information Marketing Method to a 6-Figure Income Part 2

Just as important as knowing what to do, there are several important things to know what NOT to do to get started making money with the Internet:

1. Lot's of money to design a website. You can use any number of downloabable software packages to design a simple, 2 or 3 page e-commerce or company descriptive website. Or if you want to & can afford a small investment, pay to have it designed by someone who loves to do HTML coding.
   I personally use GetAFreelancer.com to design almost everything I do. You can find very inexpensive but very talented programmers to design virtually anything you.
2. Lots of time. The whole point of a website to be a 24/7 salesperson. You're looking for a great home based business, a website should be exactly that. You don't want to spend a tremendous amount of time working on the website. Remember to 'measure twice, cut once' when you plan your site out. What will you need it to do, will you need a merchant account, will it need to have a contact form etc. etc. Plan out what you need the site to do, get it designed & then make sure you emphasis to your programmer that you want it be three things: One-Low maintenance, Two-Non-complex & Third-Duplicatable. At first, you will want a website that you can test & see if the idea makes money; if not, drop it & move on. Set up a simple website, market it & if after 2-3 months its not making a dime, move on; don't spend a lot of time with it.
   If you hit on an idea that begins to work, duplicate the site over & over & over but, focus on a slightly different aspect of the market. For instance, if you have a hit with a site sales light bulbs, use the same template that your designer created & focus on light bulbs for kids lamps, then one for chandeliers, one for porch lights, etc. etc. etc.
   
3. Lots of free content. You're not the New York Public Library or Wikipedia.org therefore, don't feel that you need to give the world everything that's in your head. A simple, 2 page website dealing with a topic is sufficient. If, however; you really feel you need to continue to put tons of content on a site I would suggest purchasing a simple, yet extremely powerful article writing software program that I use Instant Article Wizard.
4. Lots of advertising dollars. Many people pour tons of money down Pay Per Click holes trying to get traffic. The big two are Yahoo! & Google Adwords. Yahoo! used to get me tons of traffic but, they've grown too big for their britches as the phrase goes & I dropped them. Well written, keyword rich content & marketing where you customers are & where you competition isn't is secret to making money on the Internet. What does that mean? If you sold printer toner cartridges on your site (don't it's not worth it, but I digress...) you'd want to exchange links with sites that sell laptops, or office furniture websites not other toner cartridge websites.
   Plus, you can go to Alexa.com & find sites that are related but not the same with whom you can exchange links. Join web forums like Warrior Forum to find very successful & friendly people who will help you through the learning curve.

Next time I will cover what you should sell & how this will be your ticket to making great residual or even serious full-time money.

Yanik Silver's Information Marketing Method to a 6-Figure Income

If you have never heard of Yanik Silver, don't worry....unless you don't ever want to make a great passive (or active) income.

Yanik Silver is a serial Internet entrepreneur and self-made millionaire. He is recognized as one of the leading experts on web marketing even though he still considers himself a ‘techno dunce’. Starting from his one-bedroom apartment and with just a few hundred dollars, Yanik has personally sold over $13,000,000.00 online and counting (with zero employees except his wife, Missy).

He is the author, co-author or publisher of several best-selling marketing books and tools including Moonlighting on the Internet, Instant Sales Letters® & 33 Days To Online Profits. Yanik is a highly sought after speaker addressing groups ranging from the prestigious Wharton Business School to international audiences of 3,000+. (Courtesy of http://yaniksilver.com/-To learn more about Yanik's secret's visit my site)

I remember the first time I heard about Yanik. I had been coaching a young Canadian netrepreneur in Internet marketing techniques & he mentioned something about Yanik Silver's underground marketing conference; I stumbled a disinterested, 'yeah, ok' to let him know I was listening to our phone call & then frantically Googled 'Yanik Silver' as fast as I could so I didn't sound like an idiot.

As fate would have it, my one time pupil went on to become a master of Internet marketing & search engine optimization making $10,000 dollars in a few hours.

I wanted to give everyone a taste of Yanik's 7 Reasons Why a 'Digital' Information Product is the best way to build your fortune on the Net:

1. No Competition: Since you create the content & sell it, you can copyright it & no one can knock it off in China. Information is unique to you, & are legally protected.
2. Incredible Profit Margins: Think about it; its an electronic item, you don't have to box it, ship it, or touch it. Since its downloadable, your profit is nearly 100% pure profit (Really its about 97% because you have to 3% merchant account transaction fee).
3. Work From Anywhere: It doesn't matter if you're on the beach with a wireless connection. sitting in your office at home or off on vacation; the Internet runs 24/7 365 days a year. I own AlwaysBePrepared.com & in 30 minutes created a simple Emergency Contact Form in Microsoft Word. I sell it for $5.47 so for every transaction I get 97% of $5.47 or, $5.30 profit for something that took me 30 minutes to make. I've had people buy this from me at 2:30 a.m. (for some reason) while I was asleep! How cool is it have someone pay you to sleep?
4. Work On Autopilot: You can set up your Internet home based business so it works on complete autopilot. I will share more tips on how to do this.
5. No Employees: I run AlwaysBePrepared.com by myself. Now consider what I've done. I had one month where I did $18,707.37 in sales! That's right, $18,707.37 in sales with myself & my home computer. No employees, no overhead, nothing but myself.
6. Low Start-Up Costs: You don't need a factory or a supplier (though I've done that); information is king & cheap to create but nearly complete profit. If you need anything done....outsource it. I've had 50 websites created for me in India for $85 dollars. I had the articles written & the website http://www.BirthInjury411.info along with about $420 dollars. How??? I use GetAFreelancer.com
   GetAFreelancer.com is a reverse auction where you can post a project & programmers from around the world bid on your project & try to downbid the previous programmer to get your business & you get to pick which one you want to use.
7. Get Paid Over & Over Again: Once you create an informational website, you can keep selling over & over & over. You don't run out of products, they're never on back order, there's no shipping issues, rising fuel prices don't affect your profits. Once your informational website is built, the work is done & you repeatedly profit from it.

Next post I will give you Yaniks Silver's What You DON'T Need To Get Started & then tie it all into the Law of Attraction & how you can use information to make your first million.