About Those Who Make Money Online (And Don’t)
“Tactics are normally used for quick results and their effectiveness is subjected to change. They might work very effectively right now but 6 months down the road, they might not work anymore.” - Patric Chan
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Featured Article by Patric Chan
There are generally three levels of marketers
marketing online…
1. Those that haven’t make money online before
2.Those that make money but not consistently
3. Those that knows and ARE making money online
I will be able to address each of them and why you’re
in that level but first - let me share the secret of
making real money online.
The first thing is to truly identify what you’re
trying to achieve. I mean, is your plan is to make
money in 24 hours, a week or 6 months later? Do you
want to create an instant flux of income, part time
income, passive income or to completely replace your
job? How about this - do you just want to make money
online, to own a business or to create a legacy like
owning youtube or some kind?
DUDE – KNOWING WHAT YOU’RE TRYING TO ACHIEVE WILL
DETERMINE YOUR BUSINESS MODEL.
To stress my point, you can make money in 24 hours by
selling some junk on eBay or email to your friends
with affiliate link to buy a book from Amazon. But
is that your goal? Or your goal is to make a million
dollar online? Well, you can make a million with the
right business model and you’ll also need understand
the efforts needed to put in. But it is POSSIBLE; many
have done that including me.
Next is knowing your market. Sounds like some cheesy
advice you’ve heard everywhere- the difference here
is, I know what I’m talking about. Say your ‘business
model’ is to write your own ebook and sell it online.
That’s great but what’s the topic and to who?
You can’t say, “My market is selling ebook”. That’s
insane. Market, market, market.
Jeff Bezos of Amazon can say his market is selling
all kinds of books online and he’s RIGHT. Most people
don’t understand is that, there’s only ONE Jeff Bezos.
He is the pioneer and market leader. If you are going
to have a business selling books online, just ask
yourself this- will you buy books from amazon or
some new site that you don’t know? Go figure.
Once you know these, then learn tactics and
strategies. There’s a BIG myth that goes around saying
that tactics are unimportant - you just need
strategies. That’s like saying… to achieve goals,
use ‘Laws of Attraction’ but you don’t need to know
how to practice it.
Both are equally important.
Tactics are normally used for quick results and their
effectiveness is subjected to change. They might work
very effectively right now but 6 months down the road,
they might not work anymore.
Strategies are more like principles that are set in
stone but I’m not saying that they’ll never change.
A quick example - using popup is a strategy that is
proven to generate more sales. But different types of
pop ups will give you different results. Knowing which
type pop up to use, where and when IS tactical.
Once you have the tactics and strategies in your hand,
then it’s easy for you to determine what traffic
source to use, what is your front-end income generator
and so on.
Level one of marketers who don’t make money online is
simply because they probably don’t know what they
truly want (long term or short term income), don’t
realize the importance of selecting a market or don’t
have strategies and tactics.
Level two are normally those who are tactical. To have
consistent income, you’ll need to be strategic and
understand your business model.
Doing all of these correctly will ensure that you’ll
experience a different level of success compare to
where you’re today.
Patric Chan
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Previously, Patric Chan conducted a 2-day workshop
that attendees paid $3,997 to attend and the good news is,
it’s now transformed into a 9-HOUR, 45-MINUTE course.
In it, you’ll discover his 7 short and long term business
models, killer tactics and business growth strategies.
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