Approximate Reading
Time: 15 Minutes
Part 5 - "Getting
Your Niche Market Business Online in 7 Days or less"
By Joe Garris
If you've made it this far, I am assuming you are convinced
that there are many niche markets that are waiting for someone
like you to sell them a product or service.
Now it is time to get things rolling...
I'm going to assume that you have a product idea by now and
you have evaluated the
profit potential of that idea. Since you also know that in order to
get your niche product online fast, you
should be outsourcing the development or using a Public Domain work,
I'm going to assume that you will either have the book ready or have
it close to development before you move forward with the 7 day plan.
Before I take you through a step-by-step process that you can
use to get your business online
in 7 days or less, there are a few things you should remember:
1. DON'T WORRY ABOUT EVERYTHING BEING PERFECT!
Making money online is all about testing and tweaking. I know quite
a few Internet Millionaires that made their fortunes after the dotcom
bubble burst and they would all tell you that they have made more
mistakes with marketing than they have gotten right. You only have
to get a few things right to make a lot of money. But, you have to
track so you know what you did wrong and don't make the same mistake
over and over. Testing is a part of doing profitable business online.
PERIOD!
2. DO NOT SPEND A TON OF MONEY ADVERTISING YOUR BUSINESS
UNTIL YOU
GET SOLID CONVERSION NUMBERS!
Get some small wins and let those profits fund your other marketing
efforts. For the first few weeks, you want to learn what works and
what doesn't work. Be smart about your marketing!
3. DON'T CREATE ANOTHER J-O-B FOR YOURSELF.
If you want this business to be a job then you can definitely make
it one. I suggest that you try to automate as much as possible up
front. The whole point here is to create multiple streams of income
that allow you to leverage your time. Trading time for dollars rarely
makes you financially successful.
4. CONSTANTLY INVEST IN YOUR MIND
Look, I'm not saying go spend $25,000 on an Internet Seminar when you
are just getting started.
There are some great guides that you can purchase for under a few hundred
and even under $50.
I personally started out reading Internet related books and courses
by Ken Evoy, Michael Campbell and Corey Rudl. That was several years
ago but it built a foundation. I will give you some information later
on courses and books that I've reviewed and I am reviewing now.
5. DON'T BET THE BANK ON ONE IDEA
I have met so many people at seminars that are very new to the Internet
and they get caught up in the excitement and sometimes hype of the
lifestyle some of the "making money online" guys portray!
It is possible to make money on the Internet! A lot of Money! But,
it is not something you are going to snap your fingers over and make
it appear. There is work involved and the really big money may not
come for a while so don't go and quit your job next Monday and think
you are going to be a millionaire the following Monday because you
got your first niche business online.
Remember, many small wins can lead to victory in the
battle!
With that said, let's start with Day 1.
DAY 1 OBJECTIVE: To register a domain name
and get hosting setup
To register your domain name, you first need to analyze the
keyword list you either created manually or created using the
Product Idea Profitability Software (PIPE). Put the phrases at
the top of the list that have the highest profit potential using
the formula in Part 3 of this course or highest PPCEI if you
are using PIPE.
The keyword research is very important and should not be taken
lightly. You can do additional research using the Google Sandbox
tool from Part 3 and also by using Wordtracker.
Here is an example:
Let's look at "bartender guide" and "bartending
guide" used in Part 3 of this course.
Here is a sample keyword report from PIPE Software:
As you can see, words we show with the highest PPCEI (most
effective if you are buying advertising) are "bartender
guide", "bartender recipe", and "bartending
recipe". Many of the words on the list would be considered
profitable keywords. Further research would even uncover additional
profitable words on the topic.
Taking what we have here, we would then go to a domain registrar and
find out what is available.
My favorite is Godaddy.com because
it is
1) Inexpensive
2) Allows for Easy Management of Domains - Especially
DNS Changes
3) Free Forwarding and Domain Parking
There are many domain registrars out there.
Here are a few others for you to check out:
http://www.namesecure.com
http://www.networksolutions.com
http://www.hostway.com
To find even more, go to Google.com and
type in "domain registrar"
Just make sure the one you pick meets all criteria listed above.
Search for available domains using the most profitable keywords.
For this example, I tried bartenderguide.com but it wasn't available,
so I went further and chose bartenderguidebook.com and it was
available. I also like to pick domain names with hyphens for
traditional search engine optimization purposes. The domain name
is an important part of getting high search engine ranking.
For example, most search engines would probably only pick up
the word "bartender" in the domain bartenderguidebook.com
but if you had bartender-guide-book.com then most search engines
would pick up the words "bartender", "guide",
and "book" plus the phrases "bartender guide", "bartender
guide book", and "guide book". In this case, I
would buy bartenderguidebook.com to use in any
offline marketing and forward that domain to bartender-guide-book.com which
would be where all my site files would reside. I have seen many
people do well without hyphenated names so it is not required.
I simply like to give myself every advantage possible.
One more thing. I rarely purchase anything other than a .com
name. There are just too many .com names available.
The following screenshot illustrates the power of a small site
getting high rankings using a hyphenated domain name.
Cheap-computers-guide.com is #2 on Google for the keyword "cheap
computers". As you can see in the upper right hand corner
of the screenshot, there are 4,670,000 competing sites for that
keyword phrase.
Now that you have registered a domain name, you need to get
hosting. Hosting charges can go from $0 to hundreds of dollars
per month. Here is what you should look for in a host:
1. Reasonably priced - I would rarely pay over $20/month for
Unix based hosting.
2. Allows you to have full FTP Access. FTP stands for File Transfer
Protocol and it simply allows you to transfer files from your
computer to the server.
3. Allows you to turn on Frontpage Extensions - Frontpage is
a very popular web page editor. This is the program I started
out using many years ago. If you are experienced with web design
and use another web page editor like Dreamweaver or Go Live or
for heaven's sake you actually write out html code, then the
Frontpage extension option is obviously not important for you.
If you have a web designer, find out from them if they need this
option.
4. Server Space - This is the amount of space your web site
takes up on the server. Although most web sites don't take up
much more than a few MBs of space, I like to have at least 30MB
of space just in case.
5. Bandwidth - This has to do with data transfer from your site.
I would look for at the very least 40GB of data transfer per
month.
6. Email Accounts - Your host should at least allow for 5 POP
Email Accounts.
7. Unix or Windows - This simply has to do with the type of
operating system on the server. Unix/Linux is a free software
and Windows as you could probably guess is not free. So, you
usually see Unix hosting costing much less than Windows-based
hosting. For most of your sites, Unix hosting will work fine.
8. Web Stats - Make sure you have a web statistics program that at
a minimum shows: Unique Visitors, Page Views, Referrers by URL, Keyword
Searches, Entry and Exit Pages.
If your hosting company does not provide the service, you can use a
third party web statistics program like one of the following:
http://www.webtrends.com
http://www.hitslink.com
http://www.hitbox.com
FREE Resource: http://www.extreme-dm.com
You can go to hosting review sites to find hosting options like:
http://www.hostreview.com
http://www.hostsearch.com
My Favorite is: http://www.1and1.com
Also, I've had good experiences with the following discount
hosting companies:
http://www.hostsave.com
http://www.powweb.com
http://www.ipowerweb.com
No matter what hosting company you choose, you will need to make sure
you point your main domain name to the servers at that company. Usually,
the welcome email will give you this information. If not, look under
the words "nameserver" or "dns" in the help section
of your hosting company's web site.
You will modify the DNS at your domain registrar. At godaddy.com, you
simply log into your account by first clicking the "My Account" option,
then you choose "Manage Domains", select the domain you want
to modify, click "Set Nameservers", select the option for "Custom
Nameservers", type in the nameserver information from your host
and click Save Changes. The propogation usually takes 24-48 hours so
you will want to do this right away - even if you don't have your site
design ready.
DAY 2 and DAY 3 OBJECTIVE: Site Design and
Content
KEEP IT SIMPLE! You don't need a ton of content pages to sell an ebook.
Think about how you buy books in the bookstore. You first look at the
Title right! Maybe it is the front cover or spine but the first thing
that catches your attention is the title. Then, you usually turn the
book over and read the back cover to find out what specific topics
the book covers and to see the price!. Then, you probably read the
table of contents and maybe the first chapter. Then, you look at the
price again and buy or put the book back.
This is how you should think about your web site. You want to
get the attention of the browser very quickly with a benefit
driven headline. Then, you need to get their interest and connect
with them. You are trying to show them that your book is the
only or best answer to their specific problems. Your research
should have shown you what people are looking for in your specific
topic.
You can do this in a few pages (or even one page) and it can
be very effective at converting visitors into buyers. The freelancer
writing your book may be able to write the content for your web
site. If you are writing the letter, you can take a look at the
following free ebook or if you are having your freelancer do
it, make sure they follow the steps outlined in the book. Since
you are targeting a hungry niche market, you really don't need
to have the best content in the world. Remember...get something
up - then test and tweak!
Click
Here for Your Free Web Copy Analysis Book
Also, you can check out the following sites for examples of
niche sites that are doing very well using the sales letter approach:
http://www.yourparrotwilltalk.com
http://www.nursinghomesecrets.com
Marlon Sanders has created an automated software that makes if very
easy to create sales letters for your niche sites. I use it and recommend
it highly. You can check it out here:
Push
Button Letters
If you don't have time to learn Frontpage or some other web
design editor, post a project on Rentacoder.com (or
another outsourcing site) for a "Simple Site Design and
3-D book cover". You can tell the what the book is about
and have them model sites like the two above. Within 24 hours,
you should have many bids to choose from and several sample sites
already created. Make sure they build out the html pages for
you. Some will even put the content in for your and upload them
to your site. You can usually get all this done for under $150
- $200.
I've actually had it done much cheaper than that. Make sure
you pick a bidder that can get everything done within 24-48 hours
after you accept the bid.
Reminder: NEVER Release payment for an outsourced project unless the
project is completely finished by the freelancer.
DAY 4 OBJECTIVE: Be prepared to accept credit
cards.
For ebooks or other digital products, I recommend that you sign
up for a 3rd party merchant account provider.
Here are two popular providers:
Clickbank.com
2Checkout.com
Both can easily be setup within a few hours.
DAY 5 OBJECTIVE: Research and Prepare for your
Basic Marketing Attack
On day 5, you should begin researching for advertising and other
marketing opportunites.
When creating your Initial Marketing Strategy, you will want
to include the following channels:
>Pay-per-click search engines (You place
an ad and if someone clicks it to visit your site, you pay a
certain amount of money. Examples are Overture.com, Findwhat.com
and Google Adwords) This is where we recommend you start your
marketing. More specifically, we recommend you start with Google
Adwords. You can get tutorials by clicking the Quick
Tour and Program Details and FAQ links
at the following url:
http://www.google.com/adwords
You can go ahead and read through the Sign-up Tutorial. On Day
6, you will go ahead and sign-up for an account.
A list of other pay-per-click search engines can be found here: http://www.payperclicksearchengines.com
>Ezines - Ezines are basically email newsletters.
You should be looking for ezines that are related to your topic.
You can write short articles or tips and submit to the ezine
editors. They are always looking for good content. You can go
to Google and type in "ezines + your topic" to get
you started. Also, here are a few places to search for ezine
advertising opportunities:
John Labovitz's Ezine List
Ezine
Universe
Top Ezine Ads
LifeStyles
Pub
Ezine
Ad Auction
>Discussion Boards - Discussion boards are
exactly what they sound like. Places people of like interest
discuss topics. You can find many discussion boards by going
to the Groups section at Google.com
- Make sure when posting responses or questions that you don't blatanly
advertise your product or service. You should create a signature file
with your name and information on your product. When you post, you
add the signature file.
You can find more forums by typing in "forum" or "discussion
forum" plus your topic.
Traditional Search Engines and Directories -
There are also search engines and directories that still list
sites for free or for a fee that is not based on per-click.
The following articles and sites are great resources for information
on traditional search engines:
http://www.searchenginewatch.com/links/article.php/2156221
http://www.searchengineguide.com/marketing.html
http://www.jimworld.com/apps/webmaster.forums/
I also recommend that you check out a service called
PositionTech. It is located at:
http://www.positiontech.com
WARNING: Stay away from the types of programs that advertise
submitting your site to 5,000 + search engines. There are only
a handful of search engines that get 90% of the traffic so
you should focus on those engines.
DAY 6 OBJECTIVE: Testing Your Site and Beginning
Marketing Integration
Start Day 6 by going through all the links on your site and
making sure they work. Also, go through a test order to make
sure the download process works properly.
Next, you should begin your marketing. I suggest that you start with
Google Adwords. Go to the following url: http://www.google.com/adwords
Now you should re-read the Google Tutorials and sign-up for an account.
When you sign-up, you will need to create one ad. Don't worry about
the ad too much. You can quickly "Pause" it
If you are interested in pursuing advanced Google Adwords tactics,
you should check out a handbook written by Andrew Goodman called Google
AdWords Handbook: 21 Ways to Maximize Results
DAY 7 OBJECTIVE: Expand Your Marketing and
Start Testing and Tweaking
There are many additional marketing opportunities for your site.
In addition to the list you compiled on Day 5, you should also
begin exploring the following opportunities:
Adding an Affiliate Program
Tracking Down & Profiting from Joint Venture Partners
- http://www.nicheprofitsystem.com
Adding an Optin to Collect Names and Email Addresses -
You can give reports, mini-courses, etc. in exchange for the
name and email address of your visitor.
Searching for Linking Partners
Improving the Search Engine Optimization of your site
so you rank better in the traditional engines
Consider adding your site to the Yahoo Directory using
Yahoo Express ($299 yearly charge). Read the submission
information carefully since the $299 does not guarantee your
listing if you do something wrong
http://smallbusiness.yahoo.com/bzinfo/prod/marketserv/
Posting Classified Ads - Ablewise.com, USAFreeAds.com
Try to find sites that sell complementary products and
services. Use the search engines to find the sites.
Check to see if they have an affiliate program first. If not,
check their site for contact information. If you can't find
it, then go to http://www.betterwhois.com ,
type in the url of the site and you can find the Administrative
Contact Information. Email or call them and find out if they
have an affiliate program or you can see if they are interested
in sending your offer to their list.
Make sure you keep careful watch over your Google Adwords Campaign.
You are looking for words that convert to sales. Google actually
has tracking code that you can have your webmaster insert into
your site within a few minutes that will show you which keyword
campaigns are actually converting to sales. If you are using
Clickbank or 2checkout as your merchant account, make sure the
page your visitors see after they order (called your thankyou
url), is located on your web site so you can add the tracking
code
(ex. http://www.yourwebsite.com/thankyou.html).
There are also other Ad Tracking Tools that can be used to track
the performance of all your advertising. This is very important
as your site grows. You will need to be able to tell which marketing
is working and which is not so you don't waste money on the marketing
that doesn't. Some popular programs are listed below. They vary
from being a monthly service to a one-time charge and most offer
a Free Trial.
Hypertracker
ProAnalyzer
Hitslink
Enterprise
Adminder
ClickTracks
If you are new to online marketing, I highly suggest that you
take a look at Yanik Silver and Jim Edwards' course called 33
Days to Online Profits. This course is one of the best
I have seen for taking people from zero to making money online.
They talk about some of the things I've shared here but go into
much greater detail.
33
Days to Online Profits
In Part 6, the final lesson (which will arrive in a few days),
you will learn how to scale your niche market business through
duplication and multiplication.