Internet Marketing: A Year in Review
Thursday, May 6, 2010 16:03Today is an exciting day for me, as it was exactly one year ago that I made my first money in internet marketing: ten cents from an AdSense click on a free website I had set up on Blogger. Now, a year later, I’m earning on average $10 a day from AdSense, plus additional income through affiliate marketing. (You can learn more about why I decided to get into internet marketing on the About Me page and see my earnings history on the Monthly Earnings page).
When I started in this business, I had absolutely no knowledge about internet marketing. I had not even heard of WordPress or terms like SEO and backlinks. It has been a long, and sometimes confusing and difficult, journey to where I am right now – and I still have a lot to learn as well. However, I think I have reached the stage where my adventures in internet marketing may provide some useful information, commentary, and maybe even a few laughs for those who are trying like I am to make a living in this confusing and competitive industry.
Internet marketing is not for wimps. It can often be discouraging work, especially when you are just starting out – which is probably why, according to some statistics, there is an over 95% failure rate for those who try their hand in this business. Still, I think that with the right knowledge and attitude, it is a viable source of income and one that most people can successfully master. Part of the challenge is to not get sucked in by the hype of the internet marketing “gurus” who proclaim that if you just follow their system you will be earning thousands of dollars a day in just a matter of a month. Those that buy into such claims are undoubtedly going to be disappointed when this claim does not pan out in reality.
I think that one of the ironic advantages I had when I started out was that I had very little money to invest in such courses. Instead of purchasing one book after another teaching how to make millions in internet marketing, I instead had to rely on free information in discussion forums and free services to start my business. Once some income started trickling in, I immediately reinvested those profits into domain name purchases and hosting, plus the occasional internet marketing tool. My first “real” IM purchase was MicroNicheFinder to help with my keyword research, but I still use many free methods to generate backlinks while also testing and trying out new paid tools and services from time to time (visit my Tools page to see what I’m currently using).
Now, a year on, I am starting to focus on ways to work even smarter in order to be as productive as possible in the limited time I have each day. As a single mom looking after a toddler full time, the option of working “harder” (more hours) is not really on the table. For me, working smarter includes methods such as outsourcing and automating many of my processes.
On this blog, I will provide regular posts discussing the strategies I have used plus regular updates on my progress and commentary on general things of importance in the internet marketing world as well. I hope you visit often and leave some comment as well, if you have the desire (comments will be do-follow, but please do not spam).
Thank you for stopping by, and I hope to see you again soon!
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Carrie says:
May 6th, 2010 at 5:48 pm
You’ve made great progress for one year, congrats!
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Kelly says:
May 6th, 2010 at 7:50 pm
Hi Michelle,
I worked w/ textbroker for a little while if you can you should check out demand studios-It can be hard to get accepted-the pay is pretty good. Right now I mainly do 100-200 word articles for $5 a pop.
I wanted to find a way to work at home too-I did not want my boys in daycare, but now I have a goal of helping my Husband to quit his job if this becomes successful enough!!
G/L to you I will keep following your progress!
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Michelle Reply:
May 6th, 2010 at 9:25 pm
Thanks Carrie – I’m glad you stopped by!
Kelly – Yes, I found out about Demand Studios right about the time I decided I needed to change business models. It would probably have worked better for me, but I never pursued it (although I might down the road, if necessary). I know there are a few writers for Textbroker that make over $30k a year writing for them full time, but I can’t imagine doing that myself. I hope you reach your goal of helping your husband into early retirement!
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