Day 5 : Review of Profit Lance

Actually, this blog should be called my 30 days of learning about online marketing in general.

As along this journey, not only am I assessing just this one product, but I am also learning about the massive capabilities of the internet.

Today I chatted with a cousin of mine who works in IT, great for me I guess!

We got chatting about SEO Search Engine Optimization, and he said that affiliate marketing, and other small time traffic generation is insignificant in relation to SEO, and an intelligently targeted and worded domain name.

If the domain name contains your targeted keyword, you will automatically be trampolined up to the top 10.

Once you have selected a selection of great keywords, and then check their domain name availability, then be sure to quickly register those domain names!

These domain names can either be used as a url for your primary website, OR, if you already have an existing domain name, use them as redirection tools. These domain names garner all the interest that people have about a website, then the traffic is automatically redirected to your Primary money making web site.

Speaking to him, he said that affiliate marketing without a genuine website, is like working for peanuts, it will take you lightyears, and you may as well just use it as a learning experience, but control your expectation levels, because you won't make fast, significant money.

Therefore technology, and it's application, needs to also be used with a common sense attitude. Which is not very common, judging by all this hype on the internet about fast money.

You have to not only understand the technology as to what it does, but also understand it's limitations.

Expectations must be moderated.

Sure a healthy attitude towards technology is great, and necessary, however with money making opportunities (at least in my case), it has now been 5 days with using this system, and I haven't made any money yet, in actual fact, im starting to realise that I need to spend A LOT MORE TIME and potentially some more money, but mostly time, which some people would say is money, to build up knowledge about not only how online marketing works....but most importantly I have also realised that setting up an online marketing campaign........if you are not web savvy like me............is very laborious and time consuming.

So far, it is not looking very promising for this system, in relation to money making capabilities.
The only good thing so far that it has taught me, is a greater overall awareness of the money making capabilities of the internet, especially with registering "diamond" domains...truly this is a gold mine.......but yet.......ladies and gentlemen boys and girls,.....I am yet to realise the effects.

So keep yourselves in contact with this, to see whether the SEO stuff also really works, or not so much. I registered today 10 hot domain names, all linked to my primary business. I was extremely lucky that these worldwide and locally (both .com and .au) were not taken......now....need to update my Primary website, and then generate traffic towards this site.

Overall, massive step by registering some extremely valuable real estate domain names, and also a greater awareness that affiliate marketing is small time, compared to SEO, which covers the 80%, now its important to get the other 20% by doing further blogs (like this one!), articles about the topic of my primary money making site...and no the primary site is not about online marketing, or online marketing techniques, or anything to do with online networking.....its just a stand alone business that exists in the real world, Im just learning how to use online marketing to augment it.

Also chatted to another friend of mine, who mentioned that it is better for me to promote my own business first, before attempting to promote any other businesses. This relates back to successful domain name registration that links and redirects back to the primary money making site, and also links to having a simple, effective website that is user friendly without being flashy.

That's all for today.

Today's lesson was that there are bigger fish to fry, and that is that SEO is far more important money making tool than affiliate marketing (this is however covered extensively in the Profit Lance course), and that it is far better to develop your own business online via promotion, using blogs, articles etc, than promoting anybody elses.......spending time on your own business will give you far greater ROI (return on investment) as you already more involved and knowledgeable about this area. Also that being involved in 50 million projects, such as promoting many websites, distracts you from the original idea and focus, better to do less but better, far better (ie get a lot of traffic in one area, than insignificant traffic to a lot of different areas). Hence it is far better to only spend a little bit of time on courses such as this one.......but focus on the real money makers......i guess however that the course did direct me to the important questions, and the important money making realisation, but in reality i was all for going towards affiliate marketing, now I am more oriented towards SEO and primary money making website functioning.

Till next time......

Failure is a far greater teacher than success



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