Friday, October 23, 2009

$2250 in 12 days!

Now that my website has been up and running for four months, I, probably like most in this time frame, have gained enough knowledge on internet retail websites to know I absolutely did everything wrong from the beginning, and am now an expert on what not to do when starting a new website. I am still gaining knowledge on what should be done.

I have discovered there is money to be made if you make the correct decisions up front, before rushing into everything. I rushed everything because I needed income coming in from the website immediately. Rushing is a huge mistake!

What I have learned is very valuable for the future, while I continue to correct the mistakes I made. The main point is, the system seems to work, but you need to base it on the small picture – your own products, and not the big picture that is discussed. Hard to do, but to succeed, it is a must!

I am starting to get a better ranking on some of my products, Pages 1-2 of google and yahoo. I am starting to see more results from my Adwords, with the help of Advanced Marketing, and I am starting to get a few more sales in because of this. I am working direct with one manufacturer, have had 3 sales in a week, and the profit margin, after all costs, is 50-70%.
Orders and profit received, that’s what makes the hard work and patience to get it right worth while. Profit is why I built a retail website. If I would have done it right from the beginning, I’m sure I would be farther along, but I was in a rush, in a hurry to make money. Just does not work that way.

My gross sales were pretty dismal from June through September, only $1,520 gross sales total. At this point, October is looking up, with $2,250 in gross sales October 1st - 12th. I know the potential for internet income is very good, and I know if I take what I have learned and what I am still learning, I will get there. Patience, continued hard work and social marketing seem to be the key to success.

Marcia P.

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