Ahha! This is the first post of the month but will be the final post on the topic, “Big 6 Online Business Model“. Don’t worry, I won’t stop here. I’ll be continuing provide you more tips and resources to help you succeed in online business.

Today we’re going to discuss the most popular niche online, which is the “Internet Marketing” niche itself or also known as “make money online” niche. It mostly related to teaching others how to make money online or business opportunity niches.

Enough said… What are the pros and cons?

Strengths: There is a huge hungry market here looking to find the holy grail of making money online. if you have a product that can help them to make money, save money, save time, save effort or generally run their business for them, then you have a huge market here.

Weaknesses: This is one niche that you must make sure you product results for your prospects. Don’t be a hypocrite by telling others you can teach them to make money online but you haven’t made a single cent!

Opportunities: There are lots of niches like resell rights, private label rights, product creation, search engine optimization and many more - you just need to find which market you are more comfortable with.

Threats: This is the MOST POPULAR and also MOST COMPETITIVE niche online - everyone is fighting for the same pie but people are also willing to buy!

Recommended Resources:

1. If you’re new to the Internet marketing niche, I’d highly recommend you to visit Warrior Forum. It’s an Internet marketing forum where you will learn almost everything about Internet marketing. You can also post a new question to get them answer your question.
2. If you’re confused which program you should invest on to learn how to make money online, and then I’d recommend you Ewen Chia’s “Autopilot Profits”. It’s a complete system to teach you how to make money online on autopilot! (step-by-step videos are included)

Congratulations! You’ve just learned all the 6 most profitable online business models. I’m sure you’ve decided which business model you want to go for. I wish you all the best and good luck!

You can still visit my blog (bookmark my site now) in future to learn more about how to make money online and get the latest tips from me.

If you have anything to add or you want to give some feedbacks, feel free to leave your comment below.

My good friend, Gobala Krishnan has just launched his latest project called, “Easy Audio Products“. But after the gurus got to know about this, they HATE him. I will tell you why…

Reason #1: He taught people how to ‘use’ the gurus to get rich and famous fast!
The unique selling proposition (USP) for this product is “How to Use The Gurus to Get Rich And Famous Fast! The tagline says it all. Basically he wants to teach you how to convince the gurus to create audio interview product with you so that you’ll have an almost instant product to sell and get known in your market - any market!

Reason #2: He revealed the unbelievable method of finding gurus’ private information!
As you know, most gurus will keep their private email address and contact number safe. But this guy revealed an unbelievable method to teach people how to ‘dig’ the gurus’ private information such as email address and contact number. I guess this is the main reason why gurus hate him so much!

If you don’t believe what I’ve said here, you can always have a look by yourself here.
>> http://www.EasyAudioProducts.com/

If you have a choice to choose either high conversion rate or high commission payout affiliate program? Which one will you choose?

If me, I’d say depends. Let’s do some calculation.

Right now you’ve product A and product B to promote as an affiliate. One is giving you 40% commission and another one is 75%. Both are $47 product.

Product A: 40% = $18.80/sale

Product B: 75% = $30.00/sale

Yeah. Definitely you want to promote product B, me too. Anyhow, you’re going to put the same amount of effort to promote the affiliate products. So, might as well choose the product B as it pays higher.

But what if the product B comes with lousy sales page and converts at only 2%? In contrast, product A has a powerful sales page and converting at 5%. Here we talk about the conversion rate.

If you’re new to the affiliate marketing, conversion rate is the ratio of orders to site visits. For example, you have 100 people visit your site, and 2 people place orders, means that your conversion rate is 2 percent. Simple math right?

OK. Assume that you have directed 100 visitors to product A and product B. Product A is converting at 5 percent which brought you 5 sales, while product B is converting at 2 percent which brought you 2 sales. So, how much you earned for each product? Let’s do some calculation again.

Product A = 5 sales x $18.80 = $94 earned

Product B = 2 sales x $30.00 = $60 earned

Which product are you going to promote if in this case? The answer is clear. I bet you’ll prefer to promote product A more than B even though product B give you a higher commission payout.

As an affiliate marketer, no matter which products you’re promoting, you’re going to put the same amount of efforts to promote them. So, why don’t choose a product that worth your time? And of course if can, choose a product that gives you high commission rate while, the sales letter conversion rate remain high.

Love this post? I’m looking forward to your comment and suggestion. Probably you have one or two ideas to add in?

Hi! I’m Dennis the Menace Incredible Marketer. If you want to learn how to make money online, you’re at the right place. I’m here to help you to start and build your Internet businesses.

I’m making money online while sleeping listening to the class lectures. Yeah, you’re right. I’m still a student majoring in business marketing (still marketing…) I love marketing, no different either online or offline marketing. Emm… marketing is a ‘lively’ subject

In coming days, I’m going to provide you the latest tools and resources to help you grow your Internet businesses. Some tools are free, but some are paid. But don’t worry, I won’t recommend crap products. All the products will be reviewed by me - personally.

I’m going to off now. Anyway, check back my site regularly. Before you leave this post, Bookmark my site now! (ctrl+D)

Remember, Internet Marketing is FUN!