Here are 3 common mistakes by IM newbies in no particular order.
1. Internet marketing is easy
Undoubtedly this the biggest mistake majority of newbies make. People always think doing internet marketing is simple. You only need to spend just few minutes a day. And tons of money will roll in day and night non stop. Really hope that is true, but the reality can be harsh. We do need to spend our time, money and effort before we can reap the profit.
Fortunately internet marketing have many advantages. Making it very attractive if you interested in generating income from home. Lot of major advantages that is. I’ve addressed it here.
There are good reason why majority of newbies having this wrong preconception. One of the major contributor is no other than “get rich quick” scheme. There are tons of this ads around. Without realizing it people start thinking that doing online business is so easy. All you need to do is have one of the “magic” system and you are ready to go. No knowledge needed and easy to maintain (if not maintenance free).
As human being we always wanted to have an easy system. It just our human nature and nothing wrong with that.
2. Don’t bother to purchase own domain and hosting
Seriously lot of beginners pay the price for this mistake. People are too afraid putting some investment for their online. Obviously they are not serious about their business. Some simply are not confident with the effort. More like trial and error sort of approach.
As an alternative they use the free blog or free hosting. If you are using free blog your chances of loosing your valuable assets (you website ) is very high. A slight mistake your privilege will be revoked and you will be out of business in an instance. Just consider how much time you spend on the site. Consider your time and money for the website development plus your marketing effort. Is it really worth it?
Having your own domain in the long run will give you the credibility. Your valuable visitors feel more confident when visiting your site. This definitely will have impact to your conversion rate.
The cost of ownership for your own domain and hosting is very minimal. Cost for a domain currently is less than $10 for a year. They are not that expensive. Hosting cost also is very minimal. You can purchase shared hosting for less than $10 a month. Hostgator for example offer various packages that can meet our requirement and needs. In most of the packages we can host more than one domain. We can host various domains in a single hosting. Different domain for different purposes.
3. Wrong business model
There are two major business models: service and product based. Product based model can be further divided into 2 major subcategories ; physical and non physical items.
We wont go into the details of the business model. But what I want to highlight is that we need to start with a business model that we are good at. Or at least we are familiar with. If we are good in graphic design, obviously offering our services is the most logical. You don’t need to spend time learning graphic softwares. You can focus your energy and attention on marketing. By doing that you already win half of the battle.
There are lot of uncertainties when we start our business. Starting with a business model that we are good at allow us to pay more attention on improving the business rather learning the rope at the same time. Our changes of survival will definitely be higher.
Hopefully by highlighting these mistake we can make the most important step : take action.

