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Friday, July 28, 2006

Internet Goldmine 111

Are You A Shovel Seller or A Shovel Buyer?

In part II of this series we established where the REAL gold is on the net or where the real money is made online.

I tried to give you an example of shovel sellers who would sell the tools needed to mine gold. It's no different on the net. However you need to find out if you are a shovel seller or a shovel buyer.

Now you might be both. I certainly am. However there are some people who never become shovel sellers. They are always buyers and that only means bad things for their bottom line if they want to make money online.

So what's the difference between a shovel seller and a shovel buyer online? Simple. Let me show you:

Shovel Buyers:

These people are those who always hear about opportunities and hop from this one to that one without any real commitment. They always have their credit cards in hand ready to buy the latest 'magic pill', but never follow through or apply what they have learned.

Most times you can see them constantly hanging out in forums and not getting any work done, but shooting the breeze with everyone.

They will be quick to try and down a product without even putting forth an effort for at least 30 days.

These people are shovel buyers.

Shovel Sellers:

Like the shovel buyers they hang out in forums, but for good reason. They spy on hot topics and see where people are frustrated. Then they begin to look for ways to monetize that frustration.

They look at how they can make life easier for those who try and make money online. They envision the tools and then they create them.

Finally they set up shop and make a killing month after month because of the mentality of the shovel buyer. Shovel sellers know that they have to go a little bit further than the shovel buyer if they want to make profits.

So they will work a few extra hours putting together packages that seem irresistible. They basically study the herd mentality of the shovel buyer and look to see how they can market to them.

While I could go on and on about the difference between the two, I'll stop right here.

In all sincerity, if you are going to make money online then you will have to become a shovel seller. You have to take it up a notch and learn to develop tools and products that solve the needs of the masses.

And then once you get in the arena where you become a shovel seller don't stop there. Start learning how to sell to the shovel sellers.

Be the first to come up with 'the drill' and then sell the rights to the shovel sellers who will in turn sell it to the masses.

Up Next: So What Are You Going To Do Now?


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