John Lennon said something similar a lifetime ago, and I think its fair to ask the question not only of me but of you, the reader as well.
I’ve been involved in Internet Marketing for eleven years. I’ve loved every minute of it but its fair to say that what I was doing eleven years ago wouldn’t cut the mustard today. In fact what I was doing two years ago is no longer satisfactory, nor profitable.
Internet Marketing as I knew it five years ago is dead.
Internet marketing as I knew it two years ago is on its knees and in dire need of a transfusion or two.
My home business is alive and well but it wouldn’t be if I stayed where I was two years ago, in fact, I could well be filing for bankruptcy about now.
So what has changed?
Internet marketing in the “make money” niched is getting harder and harder. The big guys have got the market cornered – you either throw a lot of money at advertising and have a great sales funnel or work your butt off in social media, traffic exchanges and list mailers and hope you have a great sales funnel.
Either way its a tough gig getting tougher.
The same can be said for the big niches – weight loss, dating, guitar, body building, health products in general – if you’re not a player now, you’re not going to be…ever – unless you throw a lot of money at it.
But the internet changes and is constantly evolving – new niches open up constantly – of course you need to be ahead of the curve and that takes time, research and an ounce of luck, but if you pick the right trend you can get lucky quick.
But I’m over all of that.
Over the past twelve months I’ve spent roughly 20% of my time doing off line marketing i.e helping local businesses get their business online. Its very lucrative and it has to be said way easier than trying to sell Internet Marketing products to Internet marketers.
My Internet Marketing knowledge – the nuts and bolts – HTML, Autoresponders, Facebook, Twitter, SEO is paying off for me and it should – there’s eleven years experience there.
There is no doubt that my online marketing life is paying off for me, but it wouldn’t if I kept looking inward to the Internet Marketing niche. Only by looking outward have I been able to substantially grow my business.
So that brings me to a fork in the road.
I know where my business future lies but I can’t tear myself away from what I have loved doing for the past eleven years, but it has caused me to review everything I do and it has led me to some tough decisions.
Here they are -:
My eBook and marketing system Break Free Traffic needs to be rewritten entirely to reflect the reality of current traffic generating methods. I have always felt that it has been targeted incorrectly – a rewrite discussing broader traffic generation methods is the only way forward.
Traffic Exchanges have reached a critical juncture. Systems that promote an inward looking focus are bound to fail in the long run. The best system I know within the Traffic Exchange industry is TE Profits – because it promotes a system that uses Traffic Exchanges but looks beyond them. Recent changes at Traffic Hoopla are also encouraging.
Accordingly, the only TE related system that I will promote within Traffic Exchanges is TE Profits.
A review of TE performance recently has led me to believe that many TE’s that I have faithfully used and recommended for many years no longer provide the results that they once did. It is fair to say that most of these are promoting an inward looking focus. I will be reviewing all upgrades at these services.
List mailers take time and effort but by and large can be rewarding. My advertising budget will be allocated accordingly.
Ezine advertising needs to be given a higher priority.
I’m looking forward to the coming year.
I trust that you are too.
