10 Reasons Why People Fail At Internet Marketing

Internet marketing is one of the fastest-growing and profitable businesses today. It is an excellent way for anyone to start a small business with little investment, no overhead, and high profit margins. Anyone can get up and running with an online
business in hours. Sounds like an easy way to make money, doesn’t it? Compared to other offline small business ventures, it is.

Yet internet marketing failures still vastly outnumber those who have succeeded in internet marketing. For every story you hear of someone making $10,000 a month at internet marketing there are hundreds of untold stories of those who failed to make a profit or only made a few dollars and then quit. Why do so many fail when the potential to succeed is high?

1. Failure to plan – No matter what type of business you are running you need a business plan with well-defined goals. What are your short-term and long-term goals? What steps do you need to take to meet those goals? Write out your plan and review it frequently. You are running a small business. Treat it as one.

2. Failure to work the plan – So you already have a business plan? Are the following it? A plan means nothing if you don’t follow it. Work the plan every single day. Revise it if necessary but don’t detract from it.

3. Making goals too big early on – Many internet marketing failures try to do too much too fast. You are not going to create the ultimate web site for dog lovers overnight. Start small with dog training tips and add content daily. Those 1,000+ page web sites took months or years to build, so will yours.

4. Lack of knowledge – Would you be a successful plumber without knowing anything about plumbing? No. Then to be a successful internet marketer you need to learn internet marketing. Find a successful mentor willing to help you and you will be way ahead of the crowd.

5. Not investing in your business – You won’t get any support or very much web traffic on with a free web host. Many times, the best ebooks, scripts, and tools are the ones that cost money. You can run an online business for next to nothing but
you’ll achieve faster and more profitable results by investing in the right tools.

6. “If I build it, they will come” – You can have the most comprehensive and informative website on natural healing in the world but if you don’t promote your site and work to drive traffic to it no one will know about it. There are many ways to drive traffic to your website. You should be using several of them.

7. Lack of patience – You will not be making $10,000 a month when you start. Internet marketing is not a get rich quick scheme. It takes time and testing to build your web traffic and increase your conversion rate. In the beginning you might actually lose money and this is when too many people give up without giving their business time to grow.

8. Wrong niche – So you wrote that ebook on underwater basket weaving and you’re wondering why nobody is buying it? Find a niche but make sure it’s profitable first. Too many times people create the product first then try to figure out how to sell it. Find out what the people want then give or sell it to them.

9. No Uniqueness – There are a million low carb diet books out there, what makes yours so unique? Why should I buy your widget when Bob’s widgets are just as good and he’s been selling widgets a lot longer than you? Stand out from the crowd and get noticed. Know your competition and do what they do better or do something totally different.

10. Lack of commitment – To be successful, you must be committed to success. Behind every success story there are many hours of work and dedication. You’ll need drive and determination if you want to be the next internet success story everyone is talking about.

Print out these ten reasons for failure and post it next to your computer monitor or tape them to your bathroom mirror.

Everyday review your online business and make sure you are not making any of these mistakes. Do this and you are well on your way to being an internet marketing success.

Thanks for reading,

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My name is Tsahai De Silva and Internet Marketing is my passion. Join me in my journey and as I learn and fine tune my skills. My aim is to earn $100K this year and then teach others to do the same.

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My name is Tsahai De Silva and Internet Marketing is my passion. Join me in my journey and as I learn and fine tune my skills. My aim is to earn $100K this year and then teach others to do the same.

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8 comments on “10 Reasons Why People Fail At Internet Marketing
  1. A useful post Tsahai, especially for those starting internet marketing.

    However sometimes I wonder if many of the failures are down to how internet marketing is often taught. The problem is creating a first product usually takes a long time and has many steps with a huge learning curve. People inevitably hit problems and it takes so long to start getting results that they become impatient, frustrated and jaded. Maybe smaller steps to a smaller but growing income would address some of the problems, especially the lack of patience and commitment.

    • Tsahai says:

      I agree creating your first product can be a bit daunting however if you are working with a coach or mentor who has the experience with that, they can be your guide and cut down on that learning curve. Thanks for stopping by.

  2. Good points Tsahai.

    Another mistake is not following a proven plan and sticking to it Too many newbies try to re-invent the wheel.

    Although many newbies think that having a coach/mentor is too expensive they can be worth their weight in gold by steering you in the right direction from the start.

    Good luck with your journey.

    Sandy

    • Tsahai says:

      Thanks Sandy. I’m with a 100% on the mentor point, it was the one thing that has made a HUGE difference in my success on-line. Thanks for stopping by.

  3. Mark Salmon says:

    Hi Tsahai,

    I believe that the biggest reason people fail is that they don’t create a list and sell something – preferable their own product. It is that transition from being a ‘buyer or consumer’ of information to a ‘seller’ of information that is the important transition to make. So how is your product coming along Tsahai?

    • Tsahai says:

      Absolutely Mark that is a very big reason for failure I’m sure. My product will be available for your review soon 😀 Thanks for stopping by!

  4. Mark Steer says:

    Great post – if we master all 10 of these issues, I don’t think we can go too far wrong.

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