Tuesday, December 04, 2007

How to Learn from Successful Marketers

We are all here for one vital reason: we want to make money on the Internet. What we are finding, however, is there is a steep learning curve. The question is how we can make money sooner, rather then later?

The first thing we could do is get a mentor or coach. The majority of the really good mentors charge fees that are off the scale for many just starting out, so most have to “settle” for a sponsor who is nothing but the number that your affiliate number got assigned under when you signed up for some free program. All sponsors are definitely not created equal! It is a numbers game for most, and they tend to treat their affiliates as a means to an end – nothing more than a cog in their wheel. If they perform, great; if they don’t, fine, on to the next. Any wonder 95-98 percent fail?

If you can afford to hire a really dedicated mentor, go for it, as it would be an investment that would repay itself over and over. But if you cannot afford it, then you can learn from the masters in other ways.

Pick a marketer you really admire, and study their products, their style and define what it is you really like about them and their business. Study their websites, their newsletters and any information you can find on the Internet by doing a search on them. Learn as much as you can about them and take copious notes.

Now repeat this process with your own online business.

Then you can do this with other favorite Internet Marketers and take the best of the best tactics and incorporate these in your offerings. One you get a good grasp of your business or niche, you will make it your own, and put your own style and flair into it.

I cannot say enough about Internet Marketing forums. They are a great place to learn from successful marketers, many of these forums have a number of real experts participating, making it easier for you to contact them, interact with them and request their help.

Using forums is a good way of finding a potential mentor as well. Using leverage, you could request their help and offer them a percentage of your profits when you are successful. However, should you not be successful in finding a mentor quickly, do not worry! You still can do well by networking with other affiliates you meet in forums, and even in Mastermind Groups and on networking sites. Mastermind Groups are a group of people supporting each other, bouncing ideas off each other, offering advice and finding solutions to problems. They usually have a mix of people from newbies to highly successful Internet entrepreneurs.

Another popular option is to have an accountability partner. This would be someone that you stay in contact with regularly, preferably each week, so you can set tasks for each other and accomplish more with each others support as you are literally accountable to each other, hence the name. Basically, you and your partner learn the business together.


Successful Internet marketer Alex Jeffreys shares his secret formula of making a six figure income in the last year (that you can easily use yourself) in his free ebook found at http://www.mykidsinheritance.com/PLP.

1 comment:

Peter Lee said...

Hi Melissa,
I've always enjoyed reading your articles and this is no different. I think to be successful is really not just about duplicating sucessful marketers, but duplicating your own successful efforts too. Just taking an example, it's easier to make $300 and duplicating your efforts 10 times than trying to make $3000.

Take care
Peter Lee
Best Home Based Internet Business