1. Demand - there must be a demand for the product or service.
2. Competition - there must be some competition (competition is a good sign) but you don’t want too much competition.
3. Quality of Competition - poor quality competition is good news. This presents you with the opportunity to do things better and you will do things better with the knowledge and skills you can acquire via Profit Lance.
4. Earning Potential - Are there ways to make money? Can you use adsense, affiliate products or information products to monetize the niche?
5. Content - Can you find readily available content that you can easily create for your blog or site?

You can learn methods and techniques for all these things yourself. It’s all out there on the web but tracking it down takes hours and hours and there will be as much misinformation as there is quality information. That’s why I recommend the Profit Lance Course. It made all the difference for me and it can make the difference for you so check it out now, immediately, without delay. I promise you will not be disappointed.

Tell me more about Profit Lance ……

The first is successfully picking a good niche - this is the key factor if you are to really succeed online. It is vital that the niche shows all the signs of being profitable. To do this it is necessary to do research and run some tests to validate your choices.

The second thing is getting an on line presence for that niche - now this isn’t the obstacle it used to be because of the rise of the blog. There are now plenty of free services available such as those run by Blogger and my own favorite Wordpress.

With niche research being so important this is really an area to develop and hone your skills as fast as possible and without doubt the best training I have found and review regularly is Profit Lance. I cannot over exaggerate how straightforward Mike at Profit Lance puts across his techniques. Even I could follow them and I’m pretty slow on the uptake sometimes.

Tell me more about trying the Profit Lance Course risk free ……

The reason for my heavy promotion of Profit Lance over my last few posts is because Mike’s material for niche research is the best I have seen and quite frankly the price is very low for what you get. I really do review it regularly and learn something new every time. These posts are also written based on what I have learned from Profit Lance. If what I am writing makes sense to you then you will gain a tremendous amount from becoming a Profit Lance customer.

I was so impressed I took out a subscription on the spot and purchased some additional templates. This thing just blows me away, it’s like Build A Niche Store (BANS) only on speed. Basically Datafeedr takes RSS feeds from Commission Junction, Shareasale, Linkshare & Clickbank and enables you to build niche stores in a matter of minutes in any niche you desire. The front end is powered by WordPress and the Datafeedr guys have written some awesome widgets which you simply plug in.  Check out the video on their site.

Is this the future of affiliate marketing? I think it might be and I’ve bet my money on it. You have to check it out for yourself - I think you’ll love it. It’s not the cheapest solution out there but it must have the must money making potential. Watch this space for more information.

Tell me more about Datafeedr……

1. There are just to many options. Quite simply there is too much information available which makes it really tough to know where to start.
2. There is no step by step blueprint to follow - the most important thing needed when first starting out.
3. The wrong niche is chosen due to lack of proper research or not understanding how to research (this was a major problem of mine).
4. They can’t get to grips with the technical elements, like websites, autoresponders etc.
5. However, the biggest reason is that they are on their own. You see you need someone to work with, someone that will help when you’ve got questions or run into problems.

This is where Profit Lance comes in. The owner (and it’s not me) is extremely successful, knowledgeable and will help you to succeed. Check out Profit Lance today.

Tell me more about the Profit Lance Training Course……

Thats it. See I said it was simple. There is no doubt in my mind that the best most straightforward course on online money making is Profit Lance. Act now and you can pick it up for just $77 which is unbelievable value. The Profit Lance Course comes with a full money back guarantee. I love it and refer to it often I know you’ll love it to so check it out today.

Tell me more about Profit Lance …………..

A new product launched this week was Alex Goald’s Players With Money. I haven’t purchased it as I write this but it is only a matter of time, days probably. Some people I have a lot of respect for have given it glowing reviews and testimonials.

My main criticism is the price and a bit of misleading copy. It initially looks like a one off cost of $67.00 but it is in fact a membership site and costs $67.00 per month. I don’t need another membership site especially at that cost but you do get a number of ebooks with some great business models that you get to keep whether you extend your membership or not. Take a look at this video (this has now been withdrawn) for an example - this model is expanded upon in the program itself.

So I’ll be giving it a go (for at least 30 days anyway) and I encourage you to do the same. If you buy through my link let me know and I’ll send you some cool free bonuses with a $100 value - Players With Money.

Update

I notice that the site is no longer allowing purchases which is probably all part of Alex’s Genius. Very frustrating for the rest of us though. What can we learn from this - Well he’s not got much respect for his affiliates as we lose control of the sales process. You have to sign up to his list so when he reopens the doors he’ll make all the money - that strikes me as a real “screw you” to those that have promoted this program. It also builds pent up demand because we can’t get what we now want. So clever and stupid at the same time. Would I still buy? I’m not so sure he has really p****d me off.

Online Money Making Model 1 - Adwords

Adwords ads are the sponsored listings you see at the top of the page and to the right of the page when you do a Google Search. Effectively you generate your own ads and drive traffic to your own site, a landing page or a merchants site. Which of the three depends on what you are trying to achieve e.g. list building or product sales and how much control you want over the traffic.

To run effective and profitable adwords campaigns is not as easy as it once was and to avoid losing your shirt you need to get a proper education. You should be able to track down recommended guides via internet marketing forums which are a great source of information.

The basic premise behind an adwords campaign is that you put up ad and visitors click on the link and buy the product being recommened. You then get paid. Sounds simple but Adwords campaigns are not free and can be expensive if you don’t know how to set them up properly and test them properly.

In addition to the dominant Google Adwords you shouldn’t ignore Yahoo and Microsoft’s equivalent offerings.

In my opinion the best current guide to succeeding with Adwords is Beating Adwords closely followed by Google Cash.

Online Money Making Model 2 - Adsense

Again a Google offering and an excellent one at that. Here you put up you own website - this can be as little as a single page and add adsense code to it. Adsense displays Adwords ads that match the content of your site contextually e.g. your site is about auto insurance and the ads displayed should be for auto insurance if you have done your job correctly. Visitors to your site then click on these ads and you receive a percentage of the click cost courtesy of Google. There are plenty of people out there earning a six figure annual income using this strategy alone.

The best guide I have found to making money through Adsense is available via Profit Lance. In it you will learn the exact strategy the author uses to generate more than $200,000 per annum in adsense revenues. What’s more the strategy still works and it is straightforward to apply.

Online Money Making Model 3 - Cost Per Action (CPA)

This is a very interesting model. A Cost Per Action (CPA) program is an online advertising pricing model, where the advertiser pays for each specified action (a purchase, a form submission, and so on) linked to the advertisement.

In other words you set up an pay per click campaign to drive traffic to a merchants website where a form submission earns you a commission whether or not anything is purchased. Provided you get more completed actions than your pay per click costs you make a profit. I have come across one internet marketer who clears more than $100,000 per month using this technique.

Google are currently trialling this model themselves and the trend looks set to grow in the future.  Again, this is my personal my opinion but the only course worth buying in this area is the Pay Per Click Formula

In this regard the whole internet marketing industry is shooting itself in the foot. The potential to make a “I never dreamt it was possible” living online is still enormous, but, as I repeat with monotonous regularity in this blog, you need to get a thorough understanding of the basics, draw up a plan and be ruthless in your determination and application of that plan. You need to do the work and be confident that in approximately 6 to 12 months time all that hard work will start to bear fruit.

So what is the best way to make sure that 6 to 12 months isn’t wasted? Without doubt my first choice is Wealthy Affiliate University. These guys really know what they’re doing and offer a highly structured 8 week course to build a solid foundation. You even get free web hosting, templates, keyword research and many other tools which means there is no need to outlay a lot of cash. It only costs $29.99 per month and must be the best value on the net. You also get access to a lot of very successful internet marketers with big reputations that are only to happy to help you out - all you have to do is ask.

I also recommend Profit Lance which help me understand the many monetization models out there and pick the ones that were most suitable for me. Profit Lance costs a mere $77.00 and is a great bargain.

Give Wealthy Affiliate or Profit Lance a go NOW. Don’t delay take action immediately.

Honestly, if you invest in these programs and study them for 8 weeks before launching your internet marketing career you will save hundreds , probably thousands, of wasted dollars. Creating an internet marketing empire requires the same principles as housebuilding. You need a strong foundation. If you build a house on sand pretty soon it falls down around your ears. The same is true for internet marketing - that is why the work you undertake at the beginning is so crucial to your success.

Now I am aware that this can be incredibly frustrating because you want to grab the bull by the horns and get going straight away. Please, please, please resist the temptation. Sure, you can experiment, try things out but don’t do so in the hope of making any money. At this stage you are doing things for your own education. Complete the 8 week internet marketing boot camp of Wealthy Affiliate for example and it will be like an internet marketing rocket launcher once you start to apply what you’ve learned for commercial gain.