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All right, I am going to give you a basic solid foundation on how to potentially make a nice extra stream of income all online, no guarantees of course. This does require you to think a little, but the good part is you make all the decisions! There is no need for you to join some type of scam site, all you need is this legit information . I believe that one of the simplest and effective ways to make money online is by simply writing up your own information product or ebook and selling it through your own site.

Step 1 : Think of a solid business plan

Before you take off writing anything, you need to make your own business plan. You need to set both short term and long term goals and determine the proper accounting for your business. How much will it cost to start up, and how much do you currently have?

If you do not know html or have no clue about putting up a website then will you pay someone to do it for you? How much money are you predicting to make in the first six months? How will you raise the capital to start up with? Well, just to tell you, starting your own online business is very cheap compared to an offline one.

In matter of fact, all you need is about $1000 to start up. This may seem like a lot, but let’s say that you invest $1000 in your business, and 6 months later netted in $100,000. I do not know about you but that seems like a darn good return on an investment. That is what I love about the internet…. you can start up for next to nothing and make tremendous returns on your investment. It would be very difficult to invest little money in an offline business and generate extreme returns. So, just to tell you, if you are new to the game then here is what your start up costs will most likely look like.

Start up costs

Asset One: Domain name/Hosting: An example of a domain name is www.google.com. An example of a hosting service is godaddy. This is where your website servers will be hosted at. It is like renting space for your website online, very similar to real estate.

Costs: Around $20-$30 per month.

Asset two: Website professional done: You can hire a good graphic designer on a freelance service and have them do your whole website for you in matter of days! The good news is it is very affordable.

Costs: Some will do your website for as low as $200-$300 USD.

Asset three: Autoresponder: You can get a good autoresponder for around $10.00 USD a month. This is critically important so that you can snatch visitors contact information that come to your website. Once you collect their information, you can keep in touch with them throughout the years. If they come on your site and leave then you will most likely not see those visitors ever again. So, always have a way to collect their information, and an autoresponder is a great way to go about this.

Costs: Around $10.00 per month.

Asset four: Advertising/marketing dollars: It is always a good idea to have money saved for your marketing/advertising campaign. Sometimes you will have to pay to drive traffic to your site. Traffic, is basically the count of individuals that come across your website. You will need targeted people to come so that they can check out what you are offering and hopefully purchase a thing or two.

Costs: Around $400-$500 USD for starters.

Asset five: Payment processor: the good news is, you can always use paypal, which is absolutely free! Click here to sign up for paypal. I cannot recommend this enough to starters you can make your website a virtual cash register simply by adding a “buy right now” button on your website via paypal.

Costs: $0 per month.

These are the basic start up costs that I can think of. You could always use more, but this is what should get you through in the beginning. Once you start getting sales then you will need to properly reinvest back in your business in order to expand it more.

Step 2: Research your niche

Before you invest all of the time and money into developing a product, you had better make sure that people are looking for information about what your about to sell. How do you determine this? Simple, you play with the keywords in the search engines. Contrary to belief, you want to target niches that have a lot of competition in them. Where there is lots of competition for a niche that tells you that this niche is established. When a niche is established that tells you that you can dig your own hole in the area and make some money for yourself. The overture search tool has been giving me some problems recently and has been down quite a bit. Here is a link to a keyword tool that works nicely: Click here for an excellent keyword tool.

Once you find a good niche then you can get an idea on the type of product you want to sell. You should try to find your usp (unique selling proposition). If your niche is saturated, then what will make people want to purchase from you as compared to all of your other competitors. Does your website offer innovation, or is your product that remarkable, how are your prices? These are some crucial factors that you should keep note of when developing your product.

Step 3: Premarketing

This is a huge mistake that I made in the past so do not do it yourself. That was simply waiting to do all of the marketing once my product was finished. No,no.no. You should always be doing the marketing before your product is released so you can build brand awareness and anticipation about your product before it is out. Just think about it, have you ever saw a movie come out and then release their trailers? Of course not, they always have their trailers weeks, and months before it’s officially out. You want to work on driving traffic to your website before its out, and capture the individuals names and emails so that they can be notified of your product once its out. Of course you should always work hard on generating traffic to your website once its out, but to get things rolling you should always build anticipation about your product before its live. Just look at a lot of showbiz believe it or not to see how they do their prerelease marketing, its very cleverly done.

Step 4: Follow through

Make sure to follow your business plan through! Before your website is done and has everything that it needs, you should try your hardest to stick with your business plan. Set money goals, and how much time that you plan to achieve them in. There is a high chance that things will not go 100% the way you attended it to, but try to bounce back and adjust once plans go off stray. Hurry up and get your first information product out there and written, the internet is a huge monetizing opportunity. Take care and the best of luck.

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Many people have had an online business for years and have never made any substantial money. Then there are others who begin making money right away. Why is there such a difference between these two extremes?

The number one factor is one’s approach to sales. Most unsuccessful sales pages focus on the features of a product. To be truly successful you need to focus on the benefits.

One feature of a dog grooming business might be quick service. Few people will do business with this company because their sales brochure says that they provide ‘quick service.’

However, the benefit of quick service would be:

We guarantee that we can completely groom your pet in 30 minutes or less. This quick service puts less stress on your pet (as recommended by vets everywhere) and will have him back in the comfort of your home in no time.

This benefit is much more likely to interest buyers because most pet owners want what’s best for their pets. When you combine this with eight to ten other benefits, the resistance to the sale is much less and the urge to buy is much more compelling.

Another factor that impedes success is how a product is promoted. The most successful sales pieces solve a problem. Spend some time thinking about the problems that exist in your niche. Write them down. L:ist them in order of most serious to least serious. This is the most important point to consider if you want to make money online. Look for problems that exist for individuals within your niche and generate solutions to solve them. Then find products that solve these problems. Focus on the problems and your solution in your sales pages. Using this technique, YOU ARE ALMOST GUARANTEED TO MAKE MONEY ONLINE.

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Making Money Online – Is this reality or just plain fiction?

I am sure that I am not alone in wanting a better life, more money and more time to do the things that I enjoy. The news is full of gloomy stories of “recession”, “credit crunch”, “petrol prices”, “inflation”, making us feel helpless. I decided that I would ignore all of the hype and start to research alternative ways of earning some extra cash and to then use this extra income to pay off my debt.

I would like to firstly admit that I do have an IT degree and so can be considered an “IT Specialist”. So my natural instinct was to use my skills on the Internet and research possible online money making schemes. I was completely new to this and did not know what I was looking for; I started with basic search criteria such as “work from home”, “online jobs” etc. I was amazed by all the websites offering to make me rich by the morning! I have to admit I really believed most of them too.

However, I am one of those lucky ones that have made many wrong business decisions in the past and am a lot more cautious now than in my younger days. So I carried on researching, I even got convinced to join a live conference call. I sat through it for about 30 minutes and listened to people introduce themselves and someone then started the sales pitch. I was given a day to think about it before someone got in touch with me to ask if I had decided to join them or not. I had already made up my mind that $2,000 was not the kind of money I was willing to gamble with and I declined. This was a MLM (Multi-Level-Marketing System); these systems are often indistinguishable from “pyramid schemes” in which commissions are paid to each seller based on the number of additional sellers that they can recruit. Now that might seem like a reasonable way to earn money for some, but the ones that really make a profit from this are the ones at the top of the pyramid. This is a competitive market and not always trustworthy, so if you do consider this a viable option, then really do your homework first. Personally I don’t see why I have to pay to work for someone else! Also to be successful in this area you have to be a good salesperson and to be frank somewhat dishonest. These people never tell the whole truth to their potential “customer” and their sales pitch is full of empty promises. I am sorry if I offend anyone but even if I want to get rich it doesn’t mean I have to make others poor; this is what most of these systems rely on!

Continuing with my research I discovered many sites promoting online surveys as an easy option to earn money online. You sign up to sites that conduct research for companies and you get paid for completing online questionnaires. These questionnaires can take up to 15 minutes to complete and then your account is credited. You can earn up to £200 per month filling out online surveys or giving your review of a product/service. The advantage of this method is that you don’t have to payout any of your hard earned cash and you don’t have to set up anything before hand. Obviously however, you can see that it won’t make you rich but it can help fill some gaps in your finances. Another advantage is that you can do it at home, anytime of the day and it does not require any real effort.

Some other online money making ideas are: (none will make you rich but all require no initial investment):

·         Online betting – be very careful here; if you are already in debt you really cannot afford to gamble with what you don’t have. Gambling is exactly what it says, it’s Gambling!

·         Mystery Shopper – You sign up on a website and then are given shops or restaurants to visit; after your visit you are asked to give your opinion of the experience.

Remember if you do sign up that you will be targeted with products to buy, but try not to be tempted by these offers, they are there to ensure that instead of collecting the cash you give the money back to them!

After a month of searching the internet, I am sad to say that I have come to the conclusion that there are more people out there ready to “scam” you than real opportunities. I guess at my age I should not be surprised by this however I am still disappointed that so many people have no morals or empathy for others.

But my search has given me an insight into how the Internet is Making Money for those who know, without having to “scam” others. I am realistic and honest, there are no quick fixes but there are some real online money making methods. They take time and effort to establish but so does any business. Once you have set up your first online business the rest are easy.

I have set up a website to help guide people and give them real honest advice, I want to make money too, but I also have a conscience. If you want to learn real money making strategies you can visit my website. However remember the real road to financial freedom is a debtless life, so on my website you will also see information regarding debt elimination. Paying off your debts is the easiest way to instantly earn more money because the less you have to payout the more you are left with and you have more control over your life. Its early days yet but I am learning new things every day and I will make sure that when I find any real opportunities I will let my visitors know. Likewise if I uncover “scams” I will also let me visitors know!

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