The 4 Simple Step Formula For Creating Your First Profitable Online Business Venture
Mark Rosespear
Being successful in business online is not difficult – it just takesan awareness of what works – and why…
That said, what works online today is nothing new and mysteriousbecause what works now (and always will) is borrowed from thetraditional direct marketing, magazine and newspaper industries.
The marketing methods and their variations employed by these media aretime honored “tried and true” classics that worked 100 years ago- and methods that still work today!
In fact, there has been 100 years of refinement on what marketingstrategies work.
While the information medium may have evolved – the message is stillthe same.
Successful marketing is all about what gets peoples attention, whatholds their interest, and what motivates them to make a purchase.
And how did (do) direct sales, newspapers and magazines make theirmoney?
Through advertising.
As a beginner to the Internet many are often confused as to how theycan actually “make money online”.
Well, for all of you that are perplexed here is the simple 4 stepformula for creating your first profitable online business venture.The simplest and most straightforward way to make money online isthrough ads marketing or ads monetization.
So, what exactly is ads marketing or ads monetization?
Well, just like magazines and newspapers is who sell advertising spaceto advertisers – ads marketing or ads monetization means that youearn money by selling advertising space to advertisers.
It’s as simple as that!
The only difference is that in the online world of you can make moneyby selling advertising space on your website.
But to successfully sell advertising space, you first need these 4things:
1. Have your own website or blog
Now the easiest way to set up you own website is by using a blogformat. (Make sure that you use a WordPress based blog – which isfree. However, you will need to purchase a domain name and a webhosting account.)
2. Create and post valuable content to your blog on a consistentbasis
Once your blog is set up you need to write and post valuable contentto your blog.
Valuable content is information that is beneficial to your readers.Also, entertain your readers – that way they are more likely to comeback to your blog in the future.
And if your readers feel that they have benefited by reading thecontent on your blog they will be more likely to recommend theirfriends to your blog.
Which leads us to step 3…
3. Drive traffic on a consistent basis
Creating valuable and entertaining content for your blog is importantbut it is nothing just by itself.
You need to promote your blog that people know your blog exists.There are a number of time proven ways to drive traffic to your blogsuch as:
Writing articles and submitting them to article directories likeEzine Articles and Go Articles
If you have some budget, you can use PPC (pay-per-click) advertisinglike Google Adwords
Social bookmarking your blog’s content on sites such asDel.icio.s, StumbleUpon and Digg
Participate in forum discussions related to your topic or niche
Get trackbacks to your blog from other high profile bloggers’posts from your posts
Make sure to comment on other blogs in the same niche
4. Make money by selling advertising space on your blog
When your blog traffic is into the hundreds (or thousands) daily, youare ready to sell advertising space on your blog to make money.
You can do this by simply selling advertising space directly byputting up your own “Advertise here” page on your blog. You cando this without the help of third party vendors.
However if you don’t want the hassle of handling the administrationside of setting up and activating/de-activating ads, receivingpayments, etc. you can always use a third party like Google Adsense ofAdbrite. All the administration work is done for you so all you haveto do is just collect the money from the advertisers who want toadvertise on your blog.
So, there is the simple 4 step formula for creating your firstprofitable online business venture.
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