Archive for May, 2010

 

If you are looking to make money online legally then you may be wondering why more people aren’t doing the same. Certainly the numbers of Internet entrepreneurs are increasing all the time but not at the rate that could be expected given the massive opportunity the global Internet market presents. In part this is due to the fact that people are confused and frequently disappointed by the advice and programs offered by the army of “get rich quick” merchants.

In presenting the fallacy that it is ‘easy’ to make money online legally and that you’ll become an overnight success with little or no effort, people often approach Internet marketing with unrealistic expectations. Consequently they soon become disillusioned with the concept and give up. This, in turn perpetuates the myth that making money online legally via Internet marketing is nothing but a pipe dream for desperate people who can’t make a decent living in the so called ‘real’ world.

So let’s be clear from the start, no body in all honesty can say it is ‘easy’ to make money online legally. If you’re just starting out then there’s a lot to learn. From keyword research, through product development, search engine optimisation and copy writing to list building and joint ventures. You will need to get an understanding of many different subjects in order to make money online legally and it will take time and effort on your part.

You’ll have to work hard at it and this probably won’t be helped by nearly everybody else telling you that you are wasting your time. Most of you will have great difficulty justifying the hours of research and planning you’ll need to put in initially. I know that my relationship came under real strain when I first started out. However that soon changed when the money started rolling in and ever since then I’ve been able to end arguments with a simple “you don’t doubt me do you?”. I know I shouldn’t use it really. But Hey! I think I’ve earned the right.

Having said that it’s not easy to successfully make money online legally nor do you need to be Einstein to figure it out. Most, if not all of the techniques you will need to undrstand in order to do well can be learned by practically anybody. The average man and woman can, with a little application, familiarise themselves with the strategies required to deliver themselves a significant improvement in both income and lifestyle. In this respect Internet marketing offers more people a greater opportunity for self improvement and social mobility than ever before.

Given the unbelievable projected growth of the international Internet market, as Asia and the Indian sub continent come online, you would have thought that government and bodies of authority would be keen to promote the individuals ability to make money online legally. This would seem especially important at a time when traditional markets and and the normal flow of finance have come under mounting pressure. Every one is feeling the squeeze and Internet marketing offers a real ray of hope.

Odd then that governments have done little to encourage people to make money online legally. At a time when you would think government would be supporting individuals efforts to improve their commercial productivity they seem far more concerned with producing legislation, such as the email monitoring bill in the UK, aimed at curtailing rather than promoting peoples online freedoms.

Begging the question, why?

We have just witnessed the greatest economic upheaval since the industrial revolution. The virtual collapse of the international money markets and the drying up of credit for traditional big business and small businesses alike will have a profound effect on all of us over the next few years at least.

The staggering investment by the people of the western democracies to prop up their failing financial systems has been necessary or all of us would have watched our money become practically worthless. Equally, however, there can be no doubt that every effort has been made to maintain the financial status quo. We, the people have, in effect, given our hard earned money to bankers and international financiers in order to maintain a financial and social system that ensures the rich stay rich and the poor receive a pitifully small proportion national wealth.

Now consider this. If we, as individuals, start to make money online legally in ever increasing numbers then there is going to be a genuine redistribution of wealth. Internet marketing and sole trader online business do not require massive investment (little or no borrowing) to start up. Neither do they require credit to operate yet have the potential to generate considerable wealth for the owner. Internet marketing is already creating more millionaires every year than any other industry ever before and they don’t need the patronage of the establishment to succeed.

The people who have managed to make money online legally have done so without any need for bank support. Not only that but they come from all walks of life, all social and educational backgrounds. They generally do not belong to the existing economic elite, are not privileged in any way, and are distributing their independent wealth within a sector of the economy previously lacking investment and support.

Given that this is happening at a time when the established holders of power are watching their wealth and influence come under increasing pressure it is perhaps not surprising that the government doesn’t want you to make money online legally.

 

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n the last part I covered how to generate income through writing blogs and creating your own website. In this article I will be discussing affiliate marketing and how this can be used to make money online.

Affiliate Marketing is when you promote other people’s products (or services) for a percentage of the sale. As an affiliate marketer, you usually do not require any special training and best of all do not need start up capital.

A great advantage of affiliate marketing is that you do not have to be concerned with developing products and creating ideas, which allows you to concentrate on marketing the product/service.
The aim of affiliate marketing is to drive traffic i.e people surfing the web to the product owner’s (affiliate) product page, allowing them to convert the prospective client into a buyer. The more targeted your traffic is to the affiliate site, the higher your conversion rate and the more commission you receive. Incidentally conversion rate is simply the number of people who purchase a product divided by the number who click through to the affiliate product page.

There are multiple things you can promote as an affiliate. For example you can go to sites like ClickBank or PayDotCom and create an account to promote an endless supply of information products.
The biggest paychecks are delivered to affiliates in the following affiliate markets:
· Poker
· Mortgage
· Education

In the poker niche for example some poker sites pay you $300 for each player you recruit.
 
Five vital steps to get targeted traffic to your affiliate sites include:

1. Search engine optimisation
This may probably be one of the most important methods of getting quality traffic. It is the most popular way to drive free and targeted traffic to websites. In order to get a good ranking in search engines, it is very important to build quality back links. The choice of keywords is also essential. The site will be easily found once it gets to the top of the search engine results.

2. Link exchange
You can contact webmasters of other websites and propose a link exchange.

3. Article marketing
Writing article is an excellent way of driving traffic. Providing a good content ensures that you attract visitors. Out of interest, the readers will be inclined to visit your site when they read your articles.

 4. List building
List building is another way to drive more traffic. In fact, the subscription list is also a very good tool to pre-sell the affiliate products. It is one of the most valuable assets of an affiliate marketer.

5. Know your market
This is the most important area you need to learn in order to drive targeted traffic. The traffic will just be wasted if it is not targeted. As a result, you need to understand your market. You have to create your website so that it is related to your market and this will be the best way to attract customers.

In the next part of the series I will be discussing in more detail ways to generate and direct traffic, which is critical for making money online.

James Curtis BSc writes on ways to make money online and covers essential areas for increasing online income also advises on the current scams to avoid.
You can learn more by visiting my blog:

How to make money online
http://howtomakemoneyonline-jcurtis80.blogspot.com/

online money making scams
http://onlinemoneymakingscams-jcurtis80.blogspot.com/

A recent first class graduate in biomedical science at Sheffield university with an additional five years experience in business and management gained whilst working for one of the most established global brands.

Provide advice and articles covering how to run a successful business, how to make money online and common online money making scams.

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powerofcomparison.com We all know about Google Adsense but how about other advertising networks for publishers. So here are Adsense alternatives that will help you monetize your traffic and make some money. To see another free ways to make money online watch “80+ Free legitimate ways to make money online on Internet” here: www.youtube.com

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Using pay per click advertising is a vital tool for anyone looking to make money online. In this article, I discuss the key areas required for effective PPC advertising. Google AdWords is the most popular PPC scheme and there are a number of factors that determine the success or failure of any AdWords campaign.

Before beginning a campaign you must have clearly defined goals for example are you trying to send customers to a review page of an affiliate product your advertisment will not be aimed at selling the product but designed to encourage click throughs to the review page.

The aim of PPC is to drive targeted traffic to a specific page where a pre-sell via a review or a direct sell is made, a % of which you receive as commission. The amount of people who see your advert is dependant on the popularity of the keywords you choose. More popular keywords attract more competitors and push the advertisng price up, however may provide greater opportunity for making money online.

To make money online the most important aspects of a Google AdWords campaign include:

” Keyword selection. In general terms the more targeted the keyword, the better. You’ll get less click throughs but they will be from people who are genuinely interested in your product or service.

” Advertisement. The headline is the most important aspect. Make sure that it relates to the keywords you have chosen to bid on – this will help keep the advertising cost lower.

” Display URL. The more relevant this appears to be to the keywords you’re bidding on, the greater chances of a click. For example if you are selling dvd copy software the name of the software should be used.

” Landing page URL. This needs to be specific to your keywords and advertisement. If you’re bidding on Madonna then you shouldn’t be sending people to a page about trainspotting. If it’s not relevant Google will penalise you by charging a lot more per click.

” Budget. How much are you willing to pay per click? Estimate how many visitors it will take for a single conversion (sale) start of around 1% and work out from your commission how much you can afford to pay and still make money.

For example: If your commission is $30 per sale at conversion rate of 1% that means that every 100 clicks = 1 sale.
Therefore $30/100 or $30 x (1/100) = $0.30 pay per click is break even so a figure less than this for advertising is required to make a profit.

” Daily Budget. The amount of money you are willing to spend in a 24 hour period. Keep in mind that if you’re making money, it’s okay to spend money.

These are just some of the basics associated with creating a successful AdWords campaign. The truth of the matter is that being able to consistently make money online with Google AdWords takes knowledge and experience. The more you work with pay per click advertising, the better results you’ll have.

James Curtis BSc writes on how to make money online with a wealth of experience in management and business. If you are having difficulty making money online you can learn more by visiting my blog:

how to make money online

http://howtomakemoneyonline-jcurtis80.blogspot.com/

Online money making scams

http://onlinemoneymakingscams-jcurtis80.blogspot.com/

A recent first class graduate in biomedical science at Sheffield university with an additional five years experience in business and management gained whilst working for one of the most established global brands.

Provide advice and articles covering how to run a successful business, how to make money online and common online money making scams.

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At a time when people are struggling to make ends meet selling to make money online offers many a possible solution. The problem is that so many people are also trying to make money this way that competition is fierce and when you are competing with thousands, even hundreds of thousands of other sellers profit margins are going to be squeezed.

Therefore to be successful selling to make money you need to make sure you have a great product that people need and want. You will need to market it to as many potential customers as possible and provide genuine value to them in order to encourage repeat custom.

If this all sound familiar that’s because I’m talking about Internet marketing. Selling to make money online can not be separated from Internet marketing. If the world wide web is your shop window then you need to understand how to make your products stand out in that window, and that means learning how to market.

You need to learn how to research markets; keyword optimisation; product sourcing and development; promotional and selling strategies. All of these are part of the Internet marketers toolbox and every successful marketer can work from home selling to make money. So if you are serious about selling to make money you also need to be serious about learning some effective Internet marketing strategies. Get it right and the rewards can be considerable. Giving up the day job could be a real possibility.

Assuming you have an understanding of marketing what are the best 5 ways of selling to make money on the Internet:

1. Selling digital products through your own website.

2. Selling on auction sites like eBay.

3. Selling affiliate products.

4. Selling through an online store.

5. Selling your own products through other peoples websites.

Before we continue it should be pointed out that this is not intended to be an exhaustive list and that, whilst you can use these ways of selling to make money on there own, it is probably worth considering using most, if not all of these techniques if you want to be successful.

1. Selling your own products through your own website: – If you know how to train a dog, wire a house, restore silver or host the perfect dinner party you’ve got a great chance of developing a top selling product. In fact whatever knowledge you posses that others would want to know can enable you to start selling to make money online. All you need to do is write down your ideas, explain your methods and develop your processes so that you can create an ebook about what you know. Similarly if you can create software products or applications, or have inside knowledge about something you can create a great digital product (providing that you don’t infringe any copyright or libel laws in doing so.)

If you want to start selling to make money then digital products sold from a content rich website can really get the ball rolling. You don’t even need to be a skilled writer or software developer. Providing your idea is a marketable one there are plenty of ghostwriters and software developers out there who will be willing to deal with you to make a top quality product.

The big advantage of selling digital product is that once you’ve funded product development (and this need not be too expensive) your reproduction and delivery costs are practically zero so your profit margin will be good (providing you’ve got customers.)

2. Selling On Auction Sites: – Ask most people what they would think of selling to make money online and they will probably think of an auction site, particularly eBay. Selling on auction sites has an immediate advantage as you are more or less guaranteed access to a high volume of customers. However, so large and diverse are sites like eBay that you will still need to have a well planned marketing strategy to succeed. Furthermore the listing fees and postage are extra costs that you need to factor in when your calculating your profit margins. However there are many people who are so successful at selling to make money through auction sites that they have completely abandoned all other methods.

Apart from effective marketing the most important aspect selling to make money on the auction sites is to either produce your resalable goods or source them for the lowest possible cost (whilst maintaining quality.) For example if you sell hand painted figurines look at continually shop around for better deals on raw materials or consider outsourcing some of you tasks in order to reduce costs.

Similarly if you have a specific product line, such as DVD players or motorcycle accessories, then seek out the best wholesalers or dropshippers. Be wary though as there are many services that purport to offer directory lists of quality wholesalers and dropshippers for a fee. Many of these are simply information freely available to all with a little research and the worst are lists of dead links and bankrupt suppliers.

Nonetheless there are some wholesale lists that can prove very useful if you are interested in selling to make money online. The best solution is to read the reviews and select a reputable directory provider.

3. Selling affiliate products: – Selling to make money with your own product can be advantageous and is a valuable part of most successful online entrepreneurs businesses. However selling other peoples product can be just as lucrative and can have advantages over selling your own. For example you don’t have to concern yourself with product development, storage and distribution as this is the responsibility of the vendor.

Many products available over the Internet, whether they are digital or physical, offer so called ‘affiliate programs’. If you sign up to an affiliate program, and are accepted, you can advertise that product on your website, blog or landing page and will receive an agreed commission if someone buys that product via your link (in fact some even pay out for a simple ‘lead’ rather than a sale). Selling to make money this way is relatively simple to set up and the better affiliate programs will provide you with plenty of support and advice.

You can find affiliate programs in a number of different ways including research via the search engines and directories but one of the best ways is to search the affiliate networks such as ‘Commission Junction’ or ‘Linkshare’.

Again, you need to use your common sense and should carefully select the affiliate products you wish to promote. It is certainly better to start with the affiliate networks if you are new to affiliate marketing as they check the products they list for quality and legitimacy. Even though you need to keep your wits about you ‘affiliate programs’ still represent a very good way to start selling to make money on line

4. Selling through an online store: – One of the most direct ways of selling to make money is to set up your own online store. This can sell your own or your affiliate digital and physical products. There are a number of pre designed ‘storefront’ solutions and ‘turnkey’ websites that you can use to quickly set up your store.

One of the advantages of this kind of selling to make money is that any body visiting a ‘store’ is already looking to buy. In other words your visitors are already presold on some if not all the products you have to offer. Again, this is extremely reliant upon your marketing strategy, but those who are successful at this kind of direct sales technique are amongst the highest earners on the Internet.

However, competition with such websites (and that’s exactly what an online store is) is extremely fierce and dominated by some absolute giants such as Play.com or Amazon. Therefore you ability to spot a profitable niche would never be more important than when using this way of selling to make money.

5. Selling your own products through other peoples websites: – Here is one of the best and highest earning potential ways of selling to make money on the Internet. Whilst affiliate marketing of other peoples products is a great way to start your career as an online entrepreneur one of the best ways to break through into the real top league is to offer an affiliate program. By combining you ability to create a great niche product with your best marketing techniques you can offer your prospective affiliate partners a high commission percentage and still make a fantastic income.

Imagine having hundreds or even thousands of affiliates marketing your products on your behalf. Even if you only make $20.00 per sale that’s soon going to amount into a considerable income. However you still need to have a clear marketing strategy. It’s no use having an army of affiliates driving traffic to your product if you don’t convert to a sale. Your affiliates won’t get their commission and will soon lose confidence, pull out of your affiliate program and your profits will dwindle.

It is therefore absolutely essential that the product you offer is of genuine quality and offers the customer real value for money. You can not hope to do well selling to make money this way if your product is sub standard or cheap. Customer loyalty is key for all Internet marketers.

In the same way that there are many ways to find affiliate programs there are also many ways to find affiliates to promote your products . However the most effective way is to sign up as a producer for an affiliate network such as ClickBank. This will give your product great exposure to affiliate marketers who are interested in selling to make money.

Conclusion. As previously said all of these techniques offer the possibility for you to make money online either on their own or in combination. However no matter which strategy you choose an understanding of market research and promotion will be essential for you to make the most of these opportunities. So good luck, learn as much as you can, apply what you learn and start selling to make money.

 

 

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Ref: Original article source.

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