The internet is a like a playground with many business players clawing at each other to get a bigger share of the market pie. There are many who have gained success in their online endeavour. The irony, however, is that to one successful story, there are hundreds of others who have just spent time and effort beating about the bush and at the end of the day getting nothing out of it.
There are many of us who would blame it on luck. But an in-depth analysis proves it otherwise. It takes hard work to succeed. It is the eagerness and determination to succeed and investing in a lot of hard work and some money that sets the winners apart from the rest.
The essentials
The first and the most important factor in determining success is traffic. One may fail, no matter how well his products or services are, if he has no traffic. Think of any kind of business and you will find that it requires customers. No customer means no profit. In the internet, your customers are the traffic. The more traffic you have to your site, the more is the chance of your products being sold.
But like all businesses, everyone potential customer do not buy. It is the same with online...