Big SeminarLast Wednesday, I met up with a couple of friends in the SEO Web Design community, and each of us shared our experience and insights about our Internet endeavours.

It was really interesting to find out that many of us have all gone into our own specialities. We all have different business models and strategies – from eBay, to SEO, to Blog Marketing (hey that’s me! :mrgreen: ), email marketing and stuff… but for sure, we had something in common – to make money from the Internet and live a work-at-home lifestyle!

One of the members have actually recently went to the big seminar in Atlanta recently, and his insights and experience of the seminar were particularly useful. Here are some of the points:

  1. We need to work in a mastermind group that consist of people that complement each other. Mastering everything is crazy. Members of a mastermind team also help to push each other to keep up with work.
  2. It is important to view the endeavour as an “Internet Business” rather than just “Internet Marketing”. That means that there must be specific plans on how to manage cashflow, how capital should be invested, budgets for anything and everything, an specific plan of what is to be done, and what training to attend.
  3. It is important to uncover what is your biggest challenge in making things work, and direct energy and time to solve the challenge. To psyche yourself up for this, you could think of “What will happen to me if I solve this problem?”, “How much more free would I be?”
  4. Part of an Internet business is about networking – and networking is critically important! Networking brings about opportunities for joint ventures, and we all know joint ventures are one of the best way to bring in a massive amount of traffic to your website. Through the big seminar, my friend managed to network with several of the gurus in Internet marketing – and you can imagine how powerful such a JV would be!
  5. One of the ways to find the hottest product to sell on the net is through eBay pulse, or the Amazon top sellers.
  6. It is critical to train your affiliates when you have an affiliate program for your product. You are better of having five super affiliates, rather than have one hundred lousy ones.
  7. There is power in words, and very often, using the rights words in you sales copy can make significant changes in sales. The best way to tell which works best is the tweak and test.
  8. Tools/Services critical for Internet Marketers: Domain, Hosting, WYSIWYG web page design software, Email Autoresponder, Power Squeeze Page.
  9. Follow up with your prospects at least 7 times.
  10. If you are not an expert, one of the easiest ways to create a product is to interview an expert – be a reporter!
  11. An alternative to elance.com is designoutpost.com
  12. Putting Adsense Ads on your site may well be giving away traffic which could be better monetized. Instead, what you could do is to make your own ads to sell your products, or use Adwords to get traffic instead.

All right… sorry for the randomness. Its just the notes I scribbled as he talked. It was definitely an interesting session we had last Wednesday evening!