Creating Internet Income is quite a daunting task for anyone however the challenges seem insurmountable for most newbies, especially those who are technically challenged. If you’re considering marketing online or engaging in any form of Internet Marketing there are a few common pitfalls that you should consider.

Though I’m no “Internet Guru, these are just a few of the common mistakes and pitfalls that beginner Marketers typically face. For many, these mistakes don’t surface until the negative effects of these actions surface. Many new marketers develop tunnel vision early in the online business building process. Hopefully this top 10 list will help you avoid the most common pitfalls.

1. Procrastination – The King Of Failure

Procrastination is by far the KING of failure with respect to online business success. If you fall into the trap of “putting things off”, you will e doomed to failure. Be certain that you develop a consistent habit of taking action. Even if you consistently make mistakes it is imperative that you take action on a consistent basis. Create some form of time management system that you can use consistently. Prioritize your tasks and keep lists of everything that needs to be done. If you feel that your confidence level concerning your online activities is not quite up to par, do not allow this to hinder the execution of your planned activities. What ultimately matters is the consistent execution of your key activities. Your comfort level with specific tasks will improve over time!

Develop A Plan And Work The Plan…

2. Seeking Perfection From The Very Beginning

Many new online marketers go to extreme lengths to create the perfect scenario as they begin to execute their online marketing plans. The fact is, no matter how hard you try, it’s very unlikely that you’ll hit the “home run” you seek right out of the gate. Many newbies seek the perfect web site, the perfect email marketing campaign, the perfect online ad or banner, unfortunately it’s VERY unlikely happen. It really doesn’t matter whether your efforts are perfect or not! What’s important is that you get started as soon as possible with the plans that you’ve developed. Your online marketing efforts will always be a work in process. As you move forward, you can easily tweak things to your liking. Some people set specific scheduled times to review work that has been previously performed and update as necessary. If you try to get everything perfect from the start you will hamper your long term success..

3. Wasting Money By Not Prioritizing Your Spending

This is important and key to your long term success. If not handled properly, this simple mistake will kill your spirit and put you out of business immediately. If you don’t have money to try each any every enticing offer that claims to help your business. DON’T spend money unnecessarily!

The Internet is full of fantastic copy and enticing offers, some of which are great others not so great. Don’t get side tracked by jumping from opportunity to opportunity, help program to help program or buying everything that lands in your inbox. The fact is, most online business essentials can be obtained for FREE. This is particularly true when you’re first starting out. If you commit to engage in a little research, you’ll be quite surprised at what you will find. Not only can you find great resources you will find them in many cases at no charge. Try to control your urge to purchase resources and tools. Think and evaluate carefully before you make purchases for your online business. Write a list of what you need. Examine the pros and cons, and make sure that your purchases are essential to achieving your goals.

4. Not Investing Enough Money On The Right Resources

Converse to point #3, many new online marketers fail to make the proper investment in the proper things. Anyone that tells you that you don’t have to spend ANY money to grow an online business is lying to you. Unfortunately you will have to spend money to sustain your business. When you initially start, you won’t have to spend much, as most of your time should be spent engaging in RESEARCH. You will need more money as your business continues to grow. For starters, you’ll need a domain, a hosting service and an auto responder, all of which are pretty affordable. As you move forward, the bulk of your expenses will be on testing and promotion. If you’re paying someone to create a product or you’re buying resell rights to a product or service, you must account for these initial expenses as well. Starting out with affiliate products can greatly reduce these types of expenses and allow you to gain a greater understanding of the processes involved as you market online.

5. Pursuing Difficult Markets Due To Ineffective Market Research

This is a typical mistake but an easy mistake to make for the new online marketer. Most new marketers pursue markets that THEY THINK will be profitable. Before you decide on a product or market that you wish to target, make SURE that you’ve performed exhaustive market research. If you don’t, it could be months, even years before you realize that you’re involved in pursuing profits in a market that is NOT commercially viable for a beginning marketer. Perform thorough and exhaustive research BEFORE you invest time and money in your online marketing campaigns. Understand exactly what the term “niche” market means and adhere to that definition strictly. All niche markets are NOT profitable. Before you target your market make sure that customers within the targeted market are willing to spend money! If the market that you seek is not commercially viable, refocus your efforts and pursue a different market!