Internet Marketing and Entrepreneurship with Miles
Business:Management & Marketing
Millionaire internet marketer reveals the niche and products he'd start selling today if he was starting over again. This is video #6 in the Digital Oil Wells series with Kevin Hutto. The full playlist is here -
• www.youtube.com/watch?v=aDD96QU6oZg&list=PL0sOKzn__yK2q85WOUncHe54nSwJRGFsO&index=1&t=0s
Here's the key to remember... Nothing happens until something sells.
if your goal is to make money online then you need to be creating conversions whether you are selling other people's products as an affiliate or whether you are stepping up as the vendor yourself.
Kevin Hutto to believed that it was easiest to begin selling simple products on large marketplaces that have a high volume of transactions already.
The theory is that you can get engaged in business faster when you plug into a marketplace that's transacting billions of dollars in sales every month.
You can tap into their audience of buyers!
In this video you will learn how to research the different marketplaces to find multiple niche product ideas that you can begin to sell and offer.
In the previous video you learned about ways to look at your life to find your niche for this kind of business -
• www.youtube.com/watch?v=WgSZgB0F5m0&list=PL0sOKzn__yK2q85WOUncHe54nSwJRGFsO&index=5&t=0s
The key to remember about making money online is that in the very beginning it's all about testing!
Once you get some data from a wide variety of tasks you will start to see the things that are relatively easy to sell, that generate sales every day, and they are relatively easy to fulfill.
These are the types of products that you want to go deeper with and build out the oil well on.
To build out an oil well there are three phases which begins with the testing phase as explained here and then you build the pump finally the third phase is building the refinery.
All three phases of building out a digital oil well to make money online are covered in this video here
• www.youtube.com/watch?v=1GIIp7ZEnTs&list=PL0sOKzn__yK2q85WOUncHe54nSwJRGFsO&index=3&t=0s
Kevin inspired my wife and I to add on Etsy to our business and in the last 10 months we have generated an additional 850+ sales for a total of more than $36,000 in additional revenue...
This is yet another one of my multiple streams of income that supports my business and my lifestyle based on the digital oil wells theory.
These types of businesses can be extremely fun to run and it just takes you making the shift from consumer to vendor.
That's what being an entrepreneur is all about.
I hope this video is helpful for you on your path to building your dream business online.
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