Wednesday, March 11, 2009

Tip #1: Forget About Perfect Markets.

Looking for a “hot market” and then trying to get in on the action just makes
sense, right? Wrong.
While some online markets are definitely more profitable than others, the key to
success with AdSense is not through picking one high-quality market and sticking
with it - it’s about quantity.
Put simply, the more you diversify your online interests, the more money you are
bound to make.
Does this mean that you shouldn’t take time to do market research by checking
Overture’s search numbers, click costs, search engine competition, and affiliate
programs?
No. Those are fundamental tools that you simply must use and master.
But understand that not all markets are as easy to conquer as others, and there
is honestly no rhyme, no reason, and no market research that can determine
which ones you’ll have success with.
For example, one day you may be able to reach the top-ten in a super
competitive market, and the next day you may find yourself barely entering
Google’s ratings. Even wide-open, non-competitive markets may be difficult to
get a foothold in (rankings wise), making predicting success is difficult if not
impossible.
That’s why it’s important for you to work in as many different markets as possible,
instead of analyzing which one or two might work best for you.
8
Chances are, if you test out ten markets, at least two or three will be profitable.
Do this every week, and odds are that you’ll be making quite a profit in no time.

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