Thursday, July 9, 2015

INFORMATION MARKETING: THE MOST PROFITABLE ONLINE BUSINESS

In the last few weeks, I have been privileged to receive so many calls from people who are interested in information about entrepreneurship, small business and start-ups. These requests were attributed to many articles I had published online about starting a business of your own with little or no capital; also, the recent economic downturn has necessitated the search for alternatives to paid employment. Majority of young and the active population makes use of the internet to source for information on virtually anything ranging from “how to”, “what”, “when” of anything imaginable. I won’t be surprised to see people ask Google search engine what President Buhari ate as breakfast. All these centers around information marketing.

When you make a living online, a lot of people won’t understand what it is you do.  Some of them will think you’re nothing more than a spammer - just because you work on the Internet.  You might even run into people who automatically assume you’re into promoting porn, because they think that’s all the Internet is used for! 

You need to be prepared to deal with people like this.  Some of them may even be close friends and family members who are simply ignorant about the various marketing uses for the World Wide Web.

The first thing you need to explain to people is that very few people who work on the Internet are spammers.  Spammers actually make up a very, very small minority of those who make money online. 


If you do any sort of email marketing, you should explain that every single person you send email to have signed up specifically to your newsletter, and clicked a link to confirm that they really want to be on your list. 

Explain to them that subscribing to your newsletter is a lot like signing up for delivery
of the newspaper, or a magazine subscription.  People sign up to your newsletter, and then you send them valuable information, not just advertising.

If you sell eBooks online, you can explain to people that you’re a bit like a book publisher, but all of the books you publish are in digital format.  You can tell them that instead of paying a lot of extra money for the printing, binding, marketing, and shipping of a physical book, you eliminate those costs by selling all of your books as downloadable products. 


If people still don’t understand, you could even show them what an eBook is by letting them view one on your computer. If your main business is advertising affiliate products, you can tell people you’re in advertising.

Explain to them that you run a website (or websites) and you place advertising on that website.  Every time someone clicks an ad and purchases something, you receive a commission. If you make most of your money through AdSense or selling advertising on your sites, you can simply tell people that you place advertisements on your websites, and you charge advertisers for that ad space. 

If you want to, you could show them some of your sites or blogs to illustrate the point. Some people feel more comfortable just telling people they design websites.  If you’re a decent website builder, this will probably really impress people, but be prepared to get requests from people asking if you’ll make them a site, too. see 
 

If you don’t want to deal with all of the questions about spamming and porn, just telling someone you design websites will usually be enough to throw them off your trail.  If people are particularly persistent with their questions, you can start to point out some examples of people who have been very successful making money online. 

Don’t just use examples of famous Internet marketers like Linda Ikeji or Seun Osewa of Nairaland! Use some examples with verifiable “proof” in mainstream media.  For example, the famous Stephen Akintayo of Gileadbalm has a number of stories out there about him. 

You should try to realize that some people will just never understand what you do.  Try to explain it the best way you can, and if it doesn’t work, accept it.  Some people just won’t get it. If the in-laws or your spouse are nagging you because your money isn’t yet streaming in, and you feel pressured, put together a simple presentation that answers all of their questions and puts their minds at ease.



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