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	<title>Internet Marketing Expert &#187; Alan</title>
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		<title>7 Lessons I Learnt Whilst Losing Thousands Internet Marketing</title>
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		<description><![CDATA[SEVEN LESSONS I LEARNT WHILST LOSING THOUSANDS INTERNET MARKETING 
By Alan Cutler &#8211; alan@leadershiptalks.com 
 This is the story of a novice internet marketer who has spent a
miserable, frustrating and expensive twelve months learning the
lessons of selling on the internet &#8211; the hard way! However, he
believes that he has turned the corner and is now [...]]]></description>
			<content:encoded><![CDATA[<p>SEVEN LESSONS I LEARNT WHILST LOSING THOUSANDS INTERNET MARKETING </p>
<p>By Alan Cutler &#8211; alan@leadershiptalks.com </p>
<p> This is the story of a novice internet marketer who has spent a<br />
miserable, frustrating and expensive twelve months learning the<br />
lessons of selling on the internet &#8211; the hard way! However, he<br />
believes that he has turned the corner and is now looking<br />
forward to, at least modest, future profits. That person is me,<br />
and I would like to share my experiences with you in the hope<br />
that your journey will be less painful than mine. I am certainly<br />
not suggesting that the lessons I learnt are definitive, nor<br />
will they apply to every one else who embarks on a campaign of<br />
internet marketing. I am merely recounting what happened to me<br />
and the problems I encountered. </p>
<p>My journey started in November 2004 when I attended a conference<br />
with a speaker who was, by his own admission, an internet<br />
millionaire. He, like me, was a professional speaker but he had<br />
diversified into selling his products and services to this<br />
world-wide market. Like many of my colleagues, I had previously<br />
heard bits and pieces about internet marketing and I was hungry<br />
to learn more. It is true to say that I was captivated by his<br />
story and, especially, by the rich pickings that he said were<br />
out there on the net, for relatively little time and expense.<br />
&#8216;Make money in your sleep&#8217; was a phrase he used. I was inspired<br />
- well, who wouldn&#8217;t be by the prospect of working at home for a<br />
few hours a day whilst watching the money flow in 24/7! I bought<br />
his pack of tutorials, ebooks, CDs etc for $500 &#8211; my first<br />
investment in this Brave New World. </p>
<p>Interestingly, I write this article the day after attending<br />
another meeting that had a speaker again telling us how easy it<br />
is to make serious money on the internet. Whilst I do not doubt<br />
that such people indeed do make a very good living for<br />
relatively little effort, believe me, it is not easy! Making<br />
money selling products or information on the net is not a quick<br />
fix! Like any new business (for that is what it is), it takes<br />
time and effort to learn all its intricacies. Unless you have a<br />
product that people want to buy; a web site that sells it<br />
effectively; and a means of driving lots of people to it, you<br />
will end up throwing good money after bad. Hence my first lesson </p>
<p>Lesson No 1. Do not believe all you hear from internet experts<br />
who tell you how easy it is to make your fortune. It isn&#8217;t! </p>
<p> Let me continue my story. So, off I went on my new venture. I<br />
eagerly read the information that I had just bought, along with<br />
lots of other advice and guidance from internet marketers. Many<br />
recommended additional software that would make selling on the<br />
web more effective. I took their advice and bought some of the<br />
products they championed, for example a programme for making<br />
attractive website banners, and another that promised to produce<br />
amazingly effective sales pages for the website that I was to<br />
produce. However, the banners I made were far from attractive<br />
and when I sought advice from the company I bought the software<br />
from, they failed to reply. As for the sales page generator, it<br />
did teach me some good lessons but was far too inflexible and<br />
restrictive so I soon reverted to writing my own copy. </p>
<p>What I did not realise at the time was that the internet<br />
marketers who were recommending these products were affiliates:<br />
they received a commission from every sale resulting from their<br />
recommendation. I now know that affiliate marketing is big<br />
business and can produce significant income flows. In fact, let<br />
me put my cards on the table: I am going to recommend two<br />
products to you later in this article and I will gain a<br />
commission if you take my advice. However, these are products<br />
that I truly believe in and have been extremely helpful to me. I<br />
believe that they are worth every cent to someone serious about<br />
making money. You can, of course, take my word for that, or not.<br />
At least I have been up-front about it! </p>
<p>Lesson No 2. Beware of advice from &#8216;experts&#8217; who may be more<br />
interested in making money as an affiliate than in helping you. </p>
<p> Of course, to make money in any business you have to have a<br />
product that people want to buy. What was I going to sell? Well,<br />
I have always been fascinated by quotes &#8211; words of wisdom from<br />
those who can add so much meaning in so few words. Indeed, my<br />
first book is entitled &#8216;Leadership Quote Unquote&#8217; and contains a<br />
host of quotes from, as my publisher added to the book cover,<br />
&#8216;world figures &#8211; the famous, the infamous and the downright<br />
dastardly!&#8217; </p>
<p>Imagine my excitement when I researched how many people were<br />
looking for quotes on the internet. Google estimated that over<br />
5,000 people every day searched for an appropriate quote. I<br />
estimated that if I sold my book for $25 and one in a hundred<br />
people who clicked on my website bought my book, I would make<br />
$369,014 profit a year. Wow! Even if only a modest one in three<br />
hundred bought it I would still make $61,684. Wouldn&#8217;t you be<br />
excited by that income earning potential? </p>
<p>To cut a long story short, whilst lots of people do regularly<br />
seek out appropriate quotes, I now know that very few are<br />
prepared to pay for them! Why should they, when they can get<br />
them for free on other websites? I am now just about breaking<br />
even with this particular campaign &#8211; a situation I am prepared<br />
to accept for the time being as the website does provide me with<br />
other spin-off benefits. However, I have subsequently<br />
diversified and am now selling a number of other information<br />
products, using a different website for each &#8211; some more<br />
successful than others. Inevitably, not all sales campaigns will<br />
be initially successful, hence you have to continually fine-tune<br />
several aspects of the marketing process to gradually improve<br />
their effectiveness. </p>
<p>Lesson No 3. It might sound obvious &#8211; but make sure that you<br />
sell something that people want to buy. </p>
<p> Note: The purpose of this article is for me to share my<br />
experiences with you. It is not designed to be an internet<br />
marketing tutorial. I am not, therefore, going to go into detail<br />
about technicalities such as website design, Google AdWords,<br />
Google AdSense, market testing, copy writing etc. That said if I<br />
have whetted your appetite and you do want to learn more, email<br />
me at alan@leadershiptalks.com and I will send you a free ebook<br />
all about creating successful sales websites, entitled &#8216;The<br />
Three Page Site Builders Manual&#8217; ( I make no money by doing<br />
so!). Also, if you are really serious about creating a<br />
profitable internet marketing campaign consider checking out the<br />
specialist guidance of Perry Marshal, especially his ebook<br />
entitled &#8216;The Definitive Guide to Google Adwords&#8217;. This is one<br />
of the two products that I really believe in and that I<br />
mentioned previously. A link for you to learn more about him is<br />
provided at the end of this article. </p>
<p>The next step on my journey, having deciding that selling quotes<br />
was to provide the basis of my pension fund (!), was to design a<br />
website to sell my ebook. The most well-known website design<br />
software, and the one that was recommended to me, was Microsoft<br />
FrontPage so that is what I bought. Unfortunately, I found it to<br />
be extremely confusing, frustrating &#8211; not at all user-friendly.<br />
I did make a website but it was far from professional. In fact,<br />
a friend of mine who is a successful internet marketer politely<br />
commented that he would certainly not buy anything from a site<br />
like mine! </p>
<p>He went on to tell me that he had recently discovered a new<br />
website design programme called XSitePro that is two thirds the<br />
price of Front Page and infinitely easier to use. In fact, he<br />
was in the process of redesigning all his many sites using it.<br />
Having faith in his advice, I shelled out $197, bought the<br />
software and was absolutely blown away by it! XsitePro is<br />
designed specifically for people who sell on the internet. It is<br />
so easy to use that I am now churning out professional-looking<br />
websites in less than half a day &#8211; and they work. In fact,<br />
having not sold one of my ebooks for weeks beforehand on my<br />
FrontPage site, I launched my new site, using XSitePro, and sold<br />
one within half an hour. I could hardly believe it! </p>
<p>Hence, my fourth piece of advice. I make no apologies for being<br />
so direct &#8211; if you want to produce easy websites that sell,<br />
click on the link at the end of this article and check out<br />
XSitePro. The link takes you to a web site that I have made to<br />
tell the world about, what I believe to be, the best web site<br />
design software available today. </p>
<p>Lesson No 4. Don&#8217;t waste you time with other website design<br />
software, buy XSitePro. </p>
<p> So, once you have designed your website, you will need to<br />
ensure that your potential customers can find it. Essentially,<br />
you have two choices: work hard at driving it up the search<br />
engine rankings or pay for the privilege by using Google<br />
Adwords. Perry Marshall&#8217;s ebook &#8216;The Definitive Guide to Google<br />
Adwords&#8217; goes into great depth about making the most of Adwords<br />
but, essentially, you bid to have an advert promoting your<br />
website featured on the right-hand side of a Google search page<br />
as a &#8217;sponsored link&#8217;. However, you only pay when people click<br />
on your ad. </p>
<p>Most experts will argue that using Pay Per Click (Google<br />
Adwords) is the best way to promote websites of limited size<br />
like the ones internet marketers use to promote their products.<br />
And that is what I did. </p>
<p>Unfortunately, though, I did not pay sufficient attention to<br />
setting up my sites. I accepted Google&#8217;s recommended daily<br />
budget; set my pay-per-click rates too high; advertised in too<br />
many countries and advertised in its content network as well as<br />
its search network. Perry Marshall&#8217;s ebook explains all these<br />
settings in fine detail. I only wish I had bought it in the<br />
early stages because I ended paying much more than I needed to. </p>
<p>So, I had set up my Google AdWords campaign and was up and<br />
running &#8211; but was not selling any products. I was, however,<br />
getting hundreds of clicks a day, so was ever hopeful. My wife<br />
and I then went away on holiday and I put my internet marketing<br />
campaign out of my mind, in the confident knowledge that when I<br />
returned my In Box would be full of orders. </p>
<p>Imagine my horror when I returned to find no product orders but<br />
a $700 Google AdWords bill. It doesn&#8217;t take much time to<br />
accumulate those costs when you are getting hundreds of clicks a<br />
day; you are selling no products; and your daily Google budget<br />
is set at $50! </p>
<p>The lesson here is crucial. In the early stages at least, you<br />
MUST keep a close, daily eye on your Google Adwords account. As<br />
time goes on and you have fine-tuned your account you can leave<br />
it for a day, or two, but initially you must not let it get out<br />
of control. </p>
<p>Lesson No 5. Keep very close control of your Google AdWords<br />
account in its early stages </p>
<p> I mentioned previously that you must fine-tune your ad campaign<br />
if you want to maximise its sales potential. The critical factor<br />
here is the Click Through Rate (CTR) &#8211; how often people click on<br />
your ad when it is displayed on a page of Google search results.<br />
If your ad features 100 times when people enter, for example,<br />
&#8216;inspirational quote&#8217; as a Google search term and two of them<br />
actually click on your ad the CTR would be 2%. Improving the CTR<br />
is important to maximising your sales potential. </p>
<p>This is a very detailed process where specific changes, for<br />
example trying out different ad formats or even using capital<br />
letters in certain areas of your ad, can make a real difference<br />
to your CTR. Perry Marshall is an accomplished expert on using<br />
Google Adwords and I have, personally, learnt a great deal from<br />
his ebook. </p>
<p>Lesson No 6. Work hard at fine-tuning your Google Adwords<br />
campaigns to maximise their CTR and, if your website and your<br />
product are attractive, your revenue will gradually increase </p>
<p> And so to the last lesson that I have learnt. Going back to<br />
where I started, I have realised that making money on the<br />
internet is not, as I told my wife, &#8216;the pot of gold at the end<br />
of the rainbow&#8217;. However, I do believe that there is serious<br />
money to be made by people like me who are prepared to work hard<br />
at ensuring the three essential elements are in place, namely: </p>
<p>*	A product that people are looking for and are prepared to buy<br />
*	A website that is effective in selling that product *	A sales<br />
campaign that directs people towards your website </p>
<p>Personally, over the last twelve months, I have struggled on all<br />
three counts, and have thus paid the price. However, I have<br />
learnt my lessons and am confident that I will now begin to reap<br />
at least some of the riches that definitely are out there on the<br />
World Wide Web. </p>
<p>I have been told that my experiences are not unusual. Surprise,<br />
surprise: contrary to what some internet experts tell us, very<br />
few people strike gold immediately. It takes time and a lot of<br />
hard work and determination. It does not surprise me, therefore,<br />
that many people who embark on the journey as I did, fell at the<br />
early hurdles. My final lesson, and piece of advice, is<br />
therefore to ensure that your internet strategy is sound and<br />
then work hard at making it successful. </p>
<p>Lesson No 8. Don&#8217;t give up &#8211; make it work. </p>
<p>Here are the links for the two products that I am happy to<br />
recommend. To see the website I made to promote XSitePro, please<br />
go to www.diy-websitedesign.org. To check out what Perry<br />
Marshall can teach you, please see<br />
http://perrymarshall.com/cmd.php?pg=305720 .  </p>
<p>Being a professional speaker, should you wish me to deliver a<br />
presentation developing the content of this article to your<br />
colleagues or company, please contact me on<br />
alan@leadershiptalks.com </p>
<p> Copyright Alan Cutler 2005 </p>
<p>This article is written by Alan Cutler. Permission is granted to<br />
copy and use it for any purpose as long as it is not amended in<br />
any way. </p>
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