Thursday, October 18, 2007

A Few Online Money Making Myths

There are several online money making myths that have deterred people from trying to earn money online. If people had an idea that these myths are actually preventing them from earning potentially a considerable amount of money they may disregard them and get to the task of doing what they want to be good at, earning money online.

Myth #1: You Need A Big Website To Make money Online.

It is not true at all; you may make money online by having a simple website that provides great information and products that offer something of value to the visitors. You do not need an elaborate website with numerous pages to attract visitors. Quality of the content, accessibility of the website and search engine optimization will help you earn quiet a substantial revenue with a small website too.

Myth #2: Search Engine Optimization Is Not An Essential To Earn Money Online.

Not true. Search engine optimization is crucial for the success of any online business as it makes the site more visible to people and helps drive targeted traffic to your websites. Without SEO, your website will be lost among the million other websites.

Myth #3: I Need To Produce Products Myself To Market/Sell Them Online.

This myth has been proved wrong by affiliate marketing and drop shipping. Without worrying about overheads, stocking products or even producing them you may make a fortune by just promoting them online. You need to be well versed in how to promote your website and use the right strategies to drive targeted traffic to your website. You also have to have the knack of selecting the right products and programs to promote.

Myth #4: My Website Is Good, I Do Not Have To Promote It.

Some people make the mistake of assuming that as their website is well designed, they need not promote it. Without marketing it you will not make much money online. Online businesses need to be promoted in a big way, the more you promote it the better the results. If you are not very experienced, you may hire a SEO firm to promote and market your website.

Myth #5: It Takes A Lot Of Money Promoting My Website And Improving My ROI

This is again not true. You can promote your website and your products most cost effectively online. You need not invest large bucks to get results. In fact, you may use simple techniques such as newsletters and permission based e-mails to promote your products or services. Writing articles and posting on blogs or forums is also a most effective way of building links and promoting your websites. Better promotion ensures better returns on your investment.

These are a few common online money making myths.

Mike Anson is an expert Internet Marketer who has been training others on Internet Marketing for many years. Visit his latest site Affiliate Marketing for Free information on How to make Money Online.

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