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Why Most People Fail to Make Money Online and How to Prevent It

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A lot of people are trying to have a breakthrough in internet marketing; they want to create extra incomes for themselves. However, most of them who had tried it, they fail to earn more money online. Why is this so? This is because most people did not carry out the necessary market research for their online business. All they do is to dive into their market directly, and wonder why they fail to earn more money.

Market research is one of the most important processes that are going to determine the success of your online business, if you fail to carry out the necessary market research, your business will not go long. Without doing any market research, it is just like jumping into a swimming pool without knowing how deep it is. It is a suicide.

So now you know why most people fail to earn more money in internet marketing. The question now is how to prevent this? Very simple, do market research before you go into your market. Know the profitability and the competitions in your market are the 2 most important criteria in a market research.

You have to know whether the market you are going into is a profitable one. Make sure the people in your market are willing to spend, if they are not spending, it is hard to make sales. As for competition, I believe that you don't wish to compete with the big boys out there right? Plus if you go for a market that has fewer competitors, it will be easier for you to dominate.

As you can see now, how far your online business can go, it is determined by market research. This is because it is the foundation of your business, which is why you have to do market research before you dive in. Without market research, you will be just like everyone else, complaining why you cannot make more sales.

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So you want to make money selling t-shirts. Thanks to the Internet, you can easily set up T-shirt shop in less than one hour from now -- and make money -- without any startup cost.

You see, there are websites out there that let you design your T-shirt -- and they also ship and print out the t-shirt for you. All you have to do is drive customer to your online t-shirt shop and make the sale.

Of course it's not all free because they take a commission for the T-shirt material and shipping handling. So you're not making that big of a profit, you know what I mean?

Unless... you market your shirt in a special way and sell it for $50. Your profit would be $38 (The shop takes 12 dollars fee). If you are selling a T-shirt for $20 your profit would be ... $8.

By the way, if you think this is hard to do -- it's not. All you have to do is upload a picture of the design you want, and then you should be able to "pasted on" the design on the shirt.

It's very simple to do and you can get your T-shirt shop up and running in less than one hour. But let me warn you that you cannot print out shirts that are copyright material such as cartoon characters and corporate logos (nike etc)

There are many websites that offer the service. All you have to do is go to Google and type in "make my own t-shirts" to find the website.

Of course I think there are easier ways to make money on the Internet selling then T-shirts online. Why? Because the competition is tough and the profit isn't that high. But it's still good for beginners.

Making making on the Internet is almost too easy

If you're a complete beginner to making money on the Internet, come and grab a copy of my free gift, Newbie Home Income Success Report at http://kennubo.com/newbiesuccess -- this is a step by step blueprint. If you follow it, I don't see how you can fail earning at least $100 a day working from home.

Acomplia


Blogger BlogNet34714: Oct 12, 2008

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