Hang It, Let’s Blow The Lid Off! August 2010
Hello and welcome to the August 2010 Newsletter.
So…what happened to summer then? Huh? If you’re in the U.K (well the South of the U.K anyway), you’ll know summer started off really well but that it has now reverted to type. Yesterday it rained so hard Alison told me it reminded her of dark winter days in Vancouver (where it rains hard constantly in Winter).
So much for the U.K Met Office promising us a “BBQ Summer”. The second year on the trot they have promised us such a summer and the second time it has failed to materialize! So, we’re going to Spain to get some much needed sunshine – see ya!
On the basis that I’m waiting to go to the airport, it’s going to be a really quick newsletter this month. This and the fact that I have very little to say this month…for a change.
So, what’s been going on and why have I been so quiet?
Well, in short Lee and I have totally changed direction now.
We are now heavily into Adwords Consultancy (we have circa £1m worth of Adwords spend under management) and will finalise the Adwords course very soon. I know I said a summer launch, but it is going to be late September (because of holidays). But, it will be the best, most detailed Adwords course available. Some of the techniques will blow you away, Lee has managed to get a “line” into Google, some of the stuff he’s found out is real gold! Suffice to say, if you spend BIG there are different rules! More on this soon.
We have also finalised our new strategy for online profits and we are overjoyed with it! If I say so myself it’s bloody brilliant! whilst we’ll leave all our “Internet Marketing” stuff “out there”, we will not be developing or building any more products for that market. I’ll still let you know if anything interesting happens or a good product comes along and keep my finger on the proverbial pulse, but not much else.
We have yet to decide if we are going to teach this new strategy, certainly we have to thoroughly test it first. We’re just about to start testing and are still doing some research into added tools we might need. We also have a ITT out for some software development work. If you’re a top notch PHP developer drop me a mail, I may be able to utlise your services!
As for the Internet Marketing market, well not much to report to be honest.
I managed to have an in depth chat with a reclusive Internet multi-millionaire on Sunday and it was very revealing indeed. I can’t say who this Guy is, but it was interesting that he has made so much money that he is now a tax exile. And, he’s made NONE of it from the “how to make money” niche.
His view was very much in tune with my own that the market is full of pretty much duff information. It’s fair to say there are little scraps of useful information in most IM “how to” products that are released, but that is all, scraps.
I also picked up another very interesting snippet of information this week. Did you know that 95% of all “things” sold online are physical products. No ebooks, or download “how to” video, but hard physical products. TV’s, DVD’s, Olive Oil, Clothes and Toys.
It’s also interesting that my conversation also covered the fact that people now expect to buy one $47 “how to” product and make a million. Sorry to burst your bubble but that just doesn’t happen. Why would anyone sell you all their secrets for $47? Think about it, would you?
You see, and I have said this before, working online is like any other business. There are certain things you have to do to become successful, and…in line with other businesses you have to do a lot of them and build that unstoppable momentum you need to become truly successful.
All the so called Gurus make loads of money online, but…and here’s the rub…they don’t make it from selling how to products to you and I, oh no!
They make it with little underground websites that sell all manner of things. The “how to” stuff they sell is the icing on the cake, but…it is normally re-hashed or out of date techniques that worked well and made them money at one stage. However, as other jump on the bandwagon the effectiveness of these techniques starts to wane and guess what…they sell it to you as a new technique for making money online! Q.E.D
Knowing my point of view at least you’ll know a product is worth it if I recommend it to you!
You see, you need traffic and driving traffic takes a lot of hard work. So, there is no quick fix. Sorry but that’s a fact. If you want to make money online you need to have a strategy and the automation tools to work it, then you have to apply and work that strategy. only then…and over time, and if you persist you will start to make money. Slowly at first, until you hit critical mass when you then have a residual type income. But…it takes a lot of web properties to achieve that, an awful lot!
Whetted your appetite?
More next month :>)
As always, have fun and make money.
Cheers now
Derek