Did you know that there are over 1 million Clickbank affiliates, and 15,000 of them make a full-time income promoting Clickbank products? Quick math: that means 1.5% of Clickbank affiliates make a full-time income from it.
Now, there are two ways of looking at that number: glass half-empty, and glass half-full.
The glass half-empty folks say “What?! Only 1.5% of affiliates are making it?”
The glass half-full folks, on the other hand, say “Wow, 15,000 people is a lot! I’m going to be one of them.”
And when you combine all of the internet marketers who are successfully promoting products from other affiliate networks, or their own products, Adsense, eBay, Amazon, CPA offers, and a million other things, there are probably hundreds of thousands of people who have “made it” online.
And yet all of those people went through a range of emotions on their way to achieving their goals. I regularly hear from my blog subscribers about the emotions they are grappling with, the most limiting of which is self-doubt:
– Doubt in their abilities
– Doubt in their chances of succeeding
– Doubt that this whole “make money online” thing is even real
I get so many emails from people trying to overcome self-doubt in making money online that I got an idea one day: to ask as many successful bloggers as I could how they overcame doubt.
So here’s what I did. I emailed 100 bloggers and asked them a simple question:
“What is the #1 thing you did to overcome self-doubt in your early days online?”
Out of the 100 emails I sent, 31 bloggers responded (so far). Included in the respondents were some heavy-hitters, including John Chow, Yaro Starak, Shawn Collins, Chris Guthrie, Zac Johnson, and Daniel Scocco. Many “up-and-comers” also responded.
The text that follows is the responses from all 31 bloggers. In their responses, I think you’ll see a few themes emerge:
– Find a mentor, or someone successful to model
– Treat “failures” as learning experiences
– Take a long-term view (don’t expect quick success)
– Focus on one thing at a time
You might say that this post is a kind of mirror to my previous post on the 8 challenges facing IM newbies. And yet, if you look at the responses from bloggers who have “made it”, you still see similar issues cropping up.
So, in no particular order, here are the responses from bloggers:
If you read my post on the challenges facing internet marketing newbies, you know that I’ve been digging through the results of the KeywordsBlogger survey lately.
The survey results have generated a great discussion about what’s really holding people back from making money online.
One of the things that has really struck me about this conversation is how common FEAR is in the minds if budding Internet marketers:
– Fear of making mistakes
– Fear of losing money
– Fear of looking foolish in the eyes of their family
– Fear of FAILURE
Here are some comments that people made on the post:
If there’s one thing the Great Recession has done, it’s forced a lot of people to reassess their careers and how they make money (if they’re fortunate enough to still have a career, and still be making money).
The result? Well, one of the results has been a shift in people looking to start their own business – including an online business.
Check out this graph from Google Trends showing the gradual (but noticeable) increase in searches for the term “make money online”.
If you’ve read Michael Gerber’s book “The E-Myth Revisited”, you know that many business owners get caught in the trap of working IN their business, and not ON their business.
What does that mean?
One of the things I’ve learned during the last 3 years online is the power of FOCUS and PERSISTENCE. I see a lot of newbies spinning their wheels (been there, done that), bouncing from online business model to online business model – usually models that have to do with making money as an affiliate.
In fact, I even have a name for it: affiliate pinball. You spend months – or years – bouncing between the latest and greatest affiliate marketing courses, but never achieving your goal: a full-time online income.
If you’re feeling like a pinball, here’s what I recommend:
Have you ever been browsing in a store and ended up buying something you didn’t plan to because it was such a great deal?
Welcome to the world of the “compelling offer” – a key ingredient for any successful online business, but one that many newbies ignore.
In this post I’m going to describe exactly what makes an offer compelling, and how you can develop offers that will fly off the (virtual) shelves.
So What Makes a Good Offer?
If you’re just getting into PPC marketing, you’ve probably seen the term “landing page” thrown around a lot.
Put simply, a landing page is any page on a website that a person lands on after they’ve clicked a search engine result or on an online advertisement.
Back in the day, most marketers would simply make their homepage a landing page. Makes sense, right?
Breakthrough Advertising: How to Write Ads That Shatter Traditions and Sales Records is an absolute classic in the field of marketing.
Its publisher claims that the ideas in Breakthrough Advertising have generated millions of dollars in revenue for its readers, and this is one of the few books that I would believe that claim.
I highly recommend you get a copy from your public library (if you can find a copy), or buy it from BottomLineSecrets
But if you don’t have the $95 to splash out on a copy, I’ve summarized the book in this post. If you like this summary, please leave a comment!
Anyone who’s been around internet marketing for a while is familiar with the concepts of “scarcity” and “social proof”.
Here’s an example of these two concepts in action:
Frank Kern is launching Mass Control 13.0! Dude, EVERYBODY is buying this product! You better get it quick, because there are only 13 copies left!”
Note the claims that “EVERYBODY is buying this product” (social proof), and “there are only 13 copies left” (scarcity).
What a lot of internet marketers don’t know is that these two tactics come from a classic marketing text by Dr. Robert Cialdini.
Cialdini’s book (Influence: The Psychology of Persuasion) has a lot more good stuff than just those two tactics, so I’ve decided to post a summary of it. I highly recommend you read the book – it’s chock full of awesome examples of psychological principles in action. But in the meantime, check out my summary below.