Saturday, November 14, 2009

Makeing money online tips.

I don't know about you but i am finding it frusterating as all ever to trying to make money online. It seems that there is no end to the money making ideas out there. The trouble i am having is tying to find something that looks and feels legit. As well as seems to have the support that i need as a newbie.

I will be the first to admit that i do not understand alot of the jargon that alot of these internet money making guru's are using. Let alone know how to implement what they are talking about. There are so many sites online that will sell you a money making kit, but as i am kinda cheap, and a little leary about spending my hard earned money on something that i don't know anything about, i guess i won't be able to make it big time.

I think that what alot of us need (mainly myself), is to find someone who has been VERY successful online, to take under thier wing, take us(me) by the hand and be willing to help us. I have visited alot of different sites over the past few weeks, and when you read about how most of these guru's got started, thats how they got making money. They found the right person and worked with them to learn how to make it. I believe that i have found my mentor.

His name is Dan Winwood. I believe he has the tools and they ability to really help me. And the best part is, He has offered to do it. THANKYOU Dan, I hope that your kindness repays you 10,000 fold.

Ok as i promised here is another instalment of the notes i have gathered about making money blogging.

Selecting a Profitable Niche:
 The MOST important thing to remember is to always stay focused on your niche.  There is so much other stuff out there that can get our focus off of our niche, that we will send all of our time and energy running from here to there and never puting our energies on our goal.  Without staying focused, you will never make money online.

Here is a check list that i have found and compiled from tips from many different sites, about finding a profitable niche.

1) What is the future trend of the niche?
    - is the niche going to continue to grow? Is it going to continue to be in big demand?

2) What are the countries that have a big demand for this niche?
     - are there alot of countries with people looking into this niche market? if so, How many?

3) Are people willing to spend money in the niche. (very important)
    - without people being willing to spend money in the niche, you are wasting your time. You will never make money in the niche without people buying in that particular niche.

4) How much are they willing to spend?
   
5) How much demand in terms of HITS per month is there on Google?
    - recomend 10,000 plus

6) Are there already people selling products in your niche?
   - if so -> how many products are there, and what is their selling price.