5 Tips To Make Your First Million Online in 2008!
Posted by Harrace, Senior Internet Marketing Coach
HAPPY NEW YEAR 2008!
Wow it’s another New Year! eOneNet and our team had a prosperous and wonderful 2007, both personally and financially!
If you still haven’t made your first million online, here are 5 tips to guarantee your success!
1. Give yourself 3 reasons why you want to make your first (or 2nd / 3rd) million online. For example, I want to travel to my dream destination in business class, pamper myself in the spa, purchase my dream house etc
2. Set your goal to make $One Million (RM, HK$, S$, US or whatever currency you like) on or before 31 December, 2008.
3. Plan what to sell online which can give you a revenue of $One Million before end of 2008. This can be a combination of selling products, services, information. If you are looking for a revenue of $One Million, you have the following options:
a) For b2c - Sell big ticket items, e.g. if your average sale per order is US$1,000, you will need to have only 1,000 orders in one whole year to get US$One Million. So each day, you will need to get 2.7 orders.
Check out popular products in eBay, amazon.com or using Google keyword tool.
b) for B2B - Sell products which corporate buyers are already looking for. It doesn’t matter if you are not a manufacturer or wholesaler. You can just be a trading agent.
eOneNet does not manufacture SARS Masks or Bird Flu Masks. However, we have been receiving B2B orders for hundreds of boxes of 3M N95 Masks, and the best part is we don’t need to keep inventory!
4. Learn and master new ways of Internet marketing, such as getting FREE top rankings in search engines within 48 hours, social marketing, video marketing, and apply to what you are selling.
If you are a newbie, don’t worry, you can get a shortcut to pick up these skills just by attending eOneNet’s popular Internet marketing seminars (and of course ranked NO.1 in Asia, including Hong Kong, Singapore, and Malaysia), and if you need a top Internet Marketing Coach to guarantee your success, you will need to get in fast by registering at www.InternetMarketingCoaching.com or CALL our regional offices to avoid disappointment.
5. Don’t just aim. Shoot!
Many people spent months just doing the research, and still not deciding what to sell! Some of them have decided what to sell, but the wrong things.
Ask these questions to see if you’ve struck the millionaire dollar product:
1. Are there high search counts for the keywords relating to these products? At least 100k per month. The higher the no. of searches, the more popular is the product.
2. Are the search engines bidding for related keywords high enough? At least US$1 for the top 3 positions? The higher the bid, the more popular and higher profitability is the product.
3. Do you have a lot of competing websites? You should not target keywords with more than 2 million competing websites when doing a search in Google initially. If there are fewer than 2 million results, you may get FREE top rankings within 3 months, and even less than 48 hours if you know the trade secrets that we are using.
4. Do your products or what you sell have a USP? If the products can be easily purchased in any physical stores or online, it’s hard for you to sell unless yours are different, such as being able to personalize the products.
5. Do you have a high enough profit margin? For B2C, you should aim for a profit margin of at least 20% and a minumum value of US$20. For B2C, the profit margin can be 5% to 10% as the order will be bulk.
Want more tips? OK!
BONUS Tip#1
If you want to increase your sales amount, here is a good tip - do different packages with different pricing for your products, e.g. Product A: $50, Product B: $60 Package of Product A & B: $80.
BONUS Tip #2
You better beware of who to listen to. Learn from those who are already successful in selling the type of things you want to sell, not just from overnight gurus who teach from the book.
Do feel free to add your ideas to this list of tips by clicking the Comments link below.
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January 2nd, 2008 at 10:07 am
Hi,
Besides the points listed above, will you be able to cover how to carry out shipping of products to customers, finding the couriers, settling credit payments in order to setup and sustain an internet business in your seminar?
January 4th, 2008 at 8:13 am
thanks
the 5 tips were helpful
have a profitable day!
January 4th, 2008 at 1:44 pm
Hi, Aaron,
All the above points will either be covered in our Internet marketing seminars / Internet marketing coaching or can be dealt with in the Q & A sessions.
Regards,
Harrace
January 9th, 2008 at 6:59 pm
“…You better beware of who to listen to. Learn from those who are already successful in selling the type of things you want to sell, not just from overnight gurus who teach from the book…”
how do i 1) find, and 2) identify the genuinely good guru (who is already successful in selling the type of things that i want to sell) from amongst the haystack of “gurus who teach from the book”? after all, it is said that most gurus actually make more money from teaching than from actual doing what they teach. of course they will all claim that they are successful in selling what they sell. and if a guru is successful in selling the product that i want to sell, how can i be assured that s/he will teach me sincerely everything that s/he knows in order to help me succeed so that i can compete against him/her?
January 10th, 2008 at 7:38 pm
Leelarat,
Yes, you are right that most “gurus” teach from the book or from what they learned in other seminars. So it’s not easy to find the genuinely good gurus who are already successful in sellling the types of things you want to sell. Selling the type of things, I mean in the broad sense, e.g if you want to sell physical products b2c, you will need to find a coach who has succesful experience of selling b2c products. It doesn’t have to be same or similar products you want to sell, otherwise, he may be competing with you.
You can’t be assured whether he/she will teach you wholeheartedly or half-heartedly. After all, you will have to judge yourself based on their past experience, credentials, successful case studies.
January 18th, 2008 at 10:04 pm
How wonderous is it. I am looking forward to master all the techniques mentioned above.Hopefully I can be the next millionatr in Malaysia.I can keep my baby accompany at home and look after her all by myself.This is my strong desire since i gave birth this little fellow.Due to finacial reason, i can’t make it at the moment.Please bless me for my dreams come true.
April 28th, 2008 at 8:02 pm
I have attended your free seminar but I am unable to sign up due to payment. Hopefully 1 day my dream to attend your class will come true.
April 29th, 2008 at 2:27 pm
Siti,
Thanks for dropping by. You can make use of our 12 months installment scheme eg of just about RM400 for the Coaching DVD or RM750 for the Physical classes.
Once you are determined to start something, don’t let obstacles hinder you. Then you will come up with different ideas on how get started.
One of my coaching students, J (won’t want to disclose his full name here), even borrowed money from his friends to start the internet coaching. It was the Friday night just before our weekend coaching. So he called up and paid half in cash from his own pocket, and then on Fri midnight, he approached a few friends to help him out with the cash. On Saturday moning, he paid the balance in cash and successfully attended the coaching.
Did he recoup his investment? Definitely! He’s been running a very successful website selling physical products since 2006 and earns “5 digits” every single month. Lesson i learnt from J? Focus on your goal and if that’s really what you want, the solutions to your obstacles can be found.
rgds Fione