Making Money Online Products – Not Genuine?

Hey there, I have heard so many things about making money online since I started to learn about it ages ago. I was only 18 years old when I started my journey to earn money without having to sweat in a diner somewhere. I was desperate for money, so it was only natural for me to purchase every single making money online product out there, whether the sales letter was convincing or not. All I looked for was this, “earn $5,000 in 2 weeks”…etc.

Making Money Online Products:

Furthermore, making money online products have been heavily increased, and it is not even halting, products are adding on as we speak. This is money we are talking about; everyone wants it, people in the outer world work to earn it. Now others prefer to gain it through their schemes online, knowing that people are willing to pay anything in exchange of receiving money. These gurus were smart as hell to grasp that opportunity, however lucky for us, it is exposed, information, strategies are being spread all over the internet. Now smart people can make good use of the information, but unless you have experience, the information in your hands is pretty much useless.

Are they all Scams?

Personally, I have bought six-to-seven making money online products and at first, I did use them all, but they weren’t going anywhere. The sales were not increasing, nor were they doubling as these so-called sales letters claimed they would do. What I did realize was the fact that all these products were nothing but a piece of the pie I was aiming to cook. Okay, true, not a good example, but come on, there is no product online that will give you everything in hand. What you should do is focus on your research, yes it may seem lame, but you will get the hang of it eventually. You will be able to see what the people online, the gurus really work on to suck other people’s money.

Valuable Products?

You see, the making money online product will get quite the traffic; it is a hot topic honestly. So, you may believe that these products are not genuine, are not useful in any way, and you know what, you might be right. I mean it is true, if you were handed a valuable piece of information and you did not know what to do with it then you are screwed and to you, this information is nothing but useless.

You see, do not get under the impression that they are ripping you. In their minds they are, because a guru, an online successful marketer will never reveal their secret, they will reveal a good one to make some sales, but never expose their killer secret. Yes, they will always have better techniques to make money online. So do not get the impression that making money online products are nothing but a scam, they are not. If you still have a problem then I have the solution, look for a 100% refund guarantee and know that you are fine. If you are hesitated, then make sure the product, especially if it was a making money online product; make sure it comes from ClickBank. That way, you will be 100% safe.

The Five Stages In the Life Cycle of Online Products

Life cycles are an extremely useful concept. Like most models, they help people to visualize the progress of an online product under certain conditions. They help people to predict the effects of decisions within the life cycle of that product.

There are a number of different life cycles. In fact, everyone who has an interest in an online product has some form of life cycle. Learning content creators have their version of a life cycle based on the effort. Accountants have their view of a life cycle based on income. Project Managers often have two. One based on the development cycle and one based on the types of projects needed. And marketers have their view.

In a previous article, I suggested a very complex life cycle. However, in this article I’m going to describe one life cycle of online products as seen by a marketer.

This marketing life cycle consists of five steps.

1. Pre-Launch

The period before the launch of a product is the focus of many other life cycles. But for a marketer, this time is used for two main purposes. The first is preparation of a marketing plan and marketing assets to be used later in the life cycle. However, this period is also used to create a buzz. Frequently this is a very heavy period of marketing as pre-orders are important to recovering the cost of development of the online product. A large pre-order also helps to focus partners on the product so that they continue to support the marketing effort in the next stage.

2. Growth

Once the product is released there will be an initial period where sales grow. While the pre-launch focused on the initial penetration of the market, this stage is more concerned with obtaining a commanding share of the market. This period is often characterized by high marketing spending with respect to profit.

3. Stabilization

In time, the market begins to reach equilibrium. While new competition enters the market, it tends not to disrupt the status quo. This stage is characterized by high profit with limited market spending and a stability in the market share.

4. Decreasing Sales

As time goes by sales begin to decrease. This can be caused by an obsolete product. Or it may be a market-wide phenomena caused by market saturation. Or it may be the result of an alternate innovative market arising. In any case, this stage is often characterized by wild swings in marketing spending. This is the result of increased spending on marketing with little result followed by a demand to reduce spending in order to increase profit. Determining the value of increased marketing spending during this time can be frustrating and frightening.

5. Alternate Use

This is sometimes referred to as retirement. However, I prefer the concept of alternate use with online products. Online products are most often used as bonuses to improve the sales value of other products. Actual retirement is frequently used to adjust the market demand. Online products are also frequently improved and renamed with a version which somewhat eliminates their retirement in this stage. However, regardless of the strategy chosen, this stage is characterized by the withdrawal from sale of the product and the associated suspension of marketing efforts.

Find the Best Online Product Sourcing Option for Your Web Store

Many successful traders have learned the import of having a reliable supply of goods to the long term growth of their establishments. Subsequently, they are always on the look out for the most convenient methods to utilize. This is also the same in ecommerce where procuring the right online product sourcing can be the decisive factor to success. Luckily, as the web has grown over the years so have better sourcing techniques emerged, and it is possible to locate one suited to your online store.

Online product sourcing options can be roughly classified into two categories i.e. basic and advanced. The former alternatives- drop shipping and light bulk-are generally designed for beginners, and can be excellent choices when initially setting up shop. Usually, drop shipping wholesalers besides selling you the goods will also provide their storage, and handle eventual shipping to your web store’s clients upon purchase. This option completely eliminates the need for investing your own product storage arrangements, which makes it extremely cost effective taking into account that you also obtain a reliable product shipping method.

On the other hand, light bulb product sourcing allows new merchants to purchase their online stores products in small amounts, normally not more than $500. This can be an excellent option to use when a merchant wants to ascertain which products sell well, and which don’t, after which they can make proper augmentation of the best sellers. However, one set back of this option is that the merchant is left responsible for the products’ storage and shipping arrangements on purchase. Still this doesn’t disqualify it as safe online product sourcing mode, and once the merchant detects the best sellers he or she can begin to utilize other effective alternatives to ensure growth.

Advanced online product sourcing options are mainly used by seasoned ecommerce merchants, largely because of the huge risks they carry despite being lucrative. Consequently, it would be prudent for anyone desiring to utilize these methods to ensure that they reflect on their viability for his or her online business. Volume wholesaler product sourcing involves purchasing your products in large quantities, which qualifies you for substantial discounts on the total costs. Besides demanding a significant investment, utilizing this option without a proper strategy can get you stuck with goods you can’t sell.

Importing is a cost effective option that permits traders to purchase products from states that have affordable production costs. Consequently, it can enable you to access high quality goods at reduced prices. Caution is, however, recommended when you intend to exploit this option, and ensure that you’re conversant with the trade, and custom policies of the said country. Finally, liquidation is yet another lucrative online product sourcing option, which permits web store merchants to procure their wares at extremely low costs from auctioneers. However, unlike all the other methods it is not renewable.