Stick around for seven minutes to read this and you’ll learn the five things that will guarantee you to make money online.

1. Great Product - Sell products that your target market is passionate about. Of course, your target market should be large enough and can afford to buy what you are offering. You need to show them your sizzling hot products, not some recycled old stuff that can be readily found elsewhere. There are internet tools that will help you find out what products are in high demand. There is wordtracker, goodkeywords, google trends and nichebot.

2. Speed – The internet is about speed. It is the “I want it and I want it now!” Trying to figure out the perfect product takes an enormous amount of time and by the time it gets done the demand may have fizzled out or somebody is already selling it. The ability to get a product in front of people quickly equates to more money. As what Mr. Joe Vitale said “money likes speed”. You can throw in a product and then tweak it as you go. If you're worried on its completeness, you can offer monthly upgrades or updates for this. Practice the art of quick prototyping. Don't keep your product hidden until you can polish it into a perfect product. The important thing is speed.

3. System – If you don’t have a system in place, then your internet home business might just be killing you. You must automate as much as possible. There are hundreds of tools and resources that you can use. For example, auto responder for your emails, third party merchant account for your payment processing system, fulfillment houses for your packing and delivering if you have physical products.

4. Sales Copy – This is what gets in front of your customer. They say that sales copy is salesmanship in print. Your product could be the best one out there but if your sales copy is mediocre then no one will ever get a chance to find out you have a great product. Spend more time on making your sales copy excellent. If you have the budget, you might as well outsource this.

5. Traffic – You will fail if you don’t have traffic. Even if you have all of the above. Of course, even if you have plenty of visitors coming to your site and your sales copy is bad or nobody wants your product you will still fail. Driving visitors to your site is your objective after you have completed the things mentioned above. Now, driving traffic could be done in many ways. You could do pay-per-click, press releases, search engine marketing, article distribution, participating in niche forums, etc.