Who Wants To Be An Internet Millionaire?

Are You Willing To Do What It Takes To Be An Internet Millionaire?

Don’t worry, I’m not looking to sell you the next big course on how to make $100,000.00 per day. While there may be some who actually make that kind of money, I think personally it’s like a Bigfoot mythology.

When we were involved in the real estate game a term was used often and if implemented really worked wonders. It’s called transparency. I believe the Internet Marketing industry needs some serious transparency.

We all see the product launches. “Do this and you’ll be making some serious cash”. But what is this you are doing? You expect your customer to pay $1,000.00 on some ebook and a video?

Sadly many neophytes do just that. Where’s the transparency. I would gladly pay $1,000.00 for something that makes me a bunch of money but I have to know what it is…don’t you? I also would like to know if it actually does what it is supposed to do.

When I buy a car, I can look at all the features, then take it for a test drive to see if it is what I want. When I sell a house I get to know everything about the house and then I can even have an inspector come in and check it out and give his seal approval BEFORE any money is really at risk.

Heck, I can go try on clothes before I buy them and see how my big ass is going to look in that new suit before I am going to buy it as well.

Last night I had dinner at Wolfgang Puck‘s restaurant and I was able to watch them prepare my meal right in fron of me. I could see the entire kitchen. I could see exactly what they were doing and then they brought me my food, I ate it, ordered some more (can’t pass up cheesecake) and then had some after dinner libations and guess what…I didn’t have to pay until AFTER it had been determined that I was satisfied.

So what gives in the Internet Marketing or affiliate marketing industry. Everyone is so secretive that some one will find their niche. Uh Oh…we can’t let anyone see what we’re doing…otherwise they will exploit my niche or see that I’m full of shit.

Transparency is a wonderful thing. It actually spurs on competition. I wrote an article some time back called The Five Competitive Forces That Shape Strategy. It talked about the application of ideas as expressed by a Harvard Business professor. It makes for very interesting reading and shows a very cerebral approach to how competition is health. I mean the guy is a world renown business professor.

In his study it was found that competition actually INCREASES profitability. Here’s one of his findings:

Competition on dimensions other than price, on product features, support services, delivery time, or brand image, for instance, is less likely to erode profitability because it improves customer value. Rivalry can be positive sum, or actually increase the average profitability of an industry, when each competitor aims to serve the needs of different customer segments, with different mixes of price, products, services, features, or brand identities. Such competition can not only support higher average profitability but also expand the industry, as the needs of more customer groups are better met.

Did I lose you? If so then look very simply at this. Have you ever gone into a supermarket? Well if you haven’t you should it’s a marvelous place. It’s where they keep the food!

Anyway, the next time you’re in a super market I want you to look very hard and see if you can find this. I want you to look for a product…any product…wherein there are no like competitors on the shelf. Should be simple. Real simple. Why? Because there are no lone products in the supermarket.

Can you imagine if there was only one brand of something. The fact is that competition actually INCREASES demand and actually serves to increase profitability.

Seriously…do you drink water? Well tell me the difference between Zephyrhills, Poland Spring and Evian.

I bet the first company who put water in a bottle thought they had a niche too. But when 1 competitor became 50 did Zephyrhills wither and go away. No the market became more competitive and it fostered other brands.

I won’t even start in on hamburger chains. You do realize that Wendy’s, McDonalds, Burger King, Checkers…etc…all serve basically the same thing don’t you.

So how possibly can they survive and make money? It’s competition and beneficial rivalry.

So what’s my point in all of this. Well if you want to be the next Internet Millionaire, forget the niche and get in the most competitive market. Forget the friggin niche. There’s a reason it’s called a niche! Want to make serious cash? Compete in the markets where people are actually willing to spend money and buy. Question:…would you rather be Walmart or Fred’s House Of Sledge Hammers? ANY market can be infiltrated with the right strategy and a good amount of effort. We’ll be going into this in depth in more articles in the future and we’ll also be SHOWING you how to compete in a large market.

Want to be a millionaire vendor? Show prospective clients how YOU make money. Pull back the curtain and let them watch you work. Stand behind the counter at your own Wolfgang’s and make the meal before the customers very eyes. Be transparent.

Sure some will see how you make your souffle but most will want YOU to show them how now that they have seen you make it and tasted it. The number of people who will try to steal your “recipe” is inconsequential to the number of people who will become loyal customers.

You see, I could watch a master chef make a souffle 20 times. I could taste the result 20 times and I still could not go home and duplicate it without some serious help.

Hey Mr. Vendor…do you really think the average person is going to go home and after looking over your shoulder be able to duplicate what you’ve done?

Think I’m wrong? Last week there was a launch for Google Cash Detective. Chris offered a trial for a week free. It was like standing on the corner handing out crack. Once you tried GCD you became hooked. Brilliant..totally transparent and let the product stand for itself.

Very simple, here’s my product, it works great, try it for free for a week and you’ll be begging me to ALLOW you to buy it.

Andy Jenkins and the guys over at Stompernet have perfected this as well. Anybody else take the $1 Net Effect deal? So how long have you been salivating waiting for the next issue of goodies while gladly converting to full price?

Do you think GCD or Stompernet are afraid of competition? I say they aren’t. I say they show the world a superior product and became anchor tenants at the Internet Marketing Mall.

So how do you begin if you want to become a successfull Internet Marketer?

Avoid courses that promise you the world without allowing you to either look over the vendor’s shoulder or provide you with a significant trial of the product so that you can see for yourself if it works.

If the product has merit, and it does what it says, then and only then would I fork over any cash. You see more than likely there is another product out there that does the same thing or better and it’s backed by a company who is willing to be transparent.

Oh and there’s just one other thing you need to do to become an Internet Millionaire. You actually have to take action. Most people will fail in Internet Marketing the same reason they fail in any other endeavor. They simply won’t put forth the effort.

Want to be an Internet Millionaire? Do something!

Read More Interesting Articles about Internet Millionaire:

• Behavioural Marketing. (makemarketinghistory.blogspot.com)