Monday, November 10, 2008

A Quick Quiz About Internet Marketing Success Factors

By Gary Harvey

What is the #1 factor that controls how much money you make online?

(A) How much traffic your website gets

(B) How eye-popping your website looks

(C) The product you have decided to promote

(D) The niche market you're in.

Congratulations if you said "product". You're spot on.

Sure, you need a decent looking website and you need traffic, but it is the product that is the #1 decider of how well you'll do online.

Let me explain why.

You could be promoting a product with a low PROFIT MARGIN per sale but even if you sold a whole pile of them, you'd still wouldn't make very much money. And that's not what you want.

Or you could be promoting a product with a low sales VOLUME. Unless you had a stupendous profit margin on every sale, you'd still be floundering. So that's not what you want either.

But what if you were selling a product with a high volume of sales AND a high profit-per-sale? You'd be grinning from ear to ear.

And that is why finding the right product is the #1 factor in determining how much internet income you'll generate.

Let me put that another way. The "secret" of making an exciting internet marketing income is this...

Find a hot profitable market (or a smaller niche within a larger market - either way) where the products you promote both SELL WELL and PAY WELL. That's it, in a nutshell.

Ah yes, talking about niches... You might be a big player in some niche that hardly anybody else has found, but if there is no product that you can profitably promote, what's the point? - that's why answer (D) above wasn't the right one.

So the great big question now becomes...

How do you find these hot PROFITABLE products?

And that is precisely what http://FindHotMarkets.com is about -- how to find profitable products, hot niches and best selling products.

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