Posts Tagged ‘Income’
Written on March 8th, 2010 by Guruno shouts
In the several instance that you have browsed the net you have probably come across a blog or two. Blogs refers to online journals where people express their feeling through writing. They represent personal opinions of authors about certain topics. Blogs allows people to share their ideas and interest with other people around the globe.
Blogs have become popular nowadays for a number of reasons. First, they are search engine friendly. As long as you are making posts regularly, search engines spider them and index them often. Search engines loves blogs because of the regularly updated, fresh content they present. Second, it’s the quickest way to build a website. People who want to build a website but do not know HTML and how to create a website can use blogs instead. You do not really need to create websites or any programming language. And third, blogging increase marketing reach dramatically.
Even if you are not much of a writer you can always try blogs. When you become consistent with your blogging you will soon realize why it is important for internet marketers. But setting up a blog does not mean that you will have a one hundred percent boost in your income. A blog won’t give you any new ways to make money except with the following ways:
1. Selling advertising space. You can sell text links or banners on your blog. If your blog have a high page rank then this strategy might work for you.
2. Offer affiliate ads. You can offer visitors links or banners to your affiliate products or services just like with a website.
3. The simplest way to get money through your blogs is by having Adsense or any other ads in your blog. Once people click on this ads, that the time you make money.
Keep in mind that your competitors are probably using blogs so you must use one as well. If your competitors are blogging then they are perhaps reaching customers easily and effectively. When you have a blog you can publish information about your business quickly while keeping pace with the growth in the market.
Simply put, blogs are useful social and communication tools. The market is getting smarter and more organized. People would want to talk to you and want to participate in the development of your products. Blogs can allow this because readers can submit their comments to the authot’s post if the author allows it.
Blogs will be around for the years to come so it may be a smart decision to start blogging now.
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Written on February 8th, 2010 by Guruno shouts
1. Why Start Your Own Affiliate Program?
Multiple web sites and distributors selling your product can result in increased sales and profits. Unlike conventional advertising, affiliate programs pay only for performance. Commissions are not paid out unless sales are made.
Also, with many more web sites linking to yours, your link popularity is sure to increase in search engines, resulting in additional traffic and income.
2. Combine a Merchant Account with Your Affiliate Program
If your product is downloadable (such as electronic books or software), you might consider ClickBank.com. For a $49.95 initial fee, you can process credit cards and on-line cheques for $1.00 per transaction plus 7.5% of sales. As an added bonus, you have your own built-in affiliate program.
ClickBank gives you a listing on their web site and visitors can buy your products and join your affiliate program. You choose the commission rate you are willing to pay. All commission payments are handled by ClickBank. One downside is that you can`t run a two-tiered program.
3. Use an Affiliate Program Script
If you are comfortable with running CGI scripts, you may wish to install your own affiliate program on your server and administer the affiliate program yourself.
Be forewarned, though, that this is a lot of work. You will be responsible for all the testing, security, commission payments, promotion and so on. Another downside: Will your potential affiliates trust you since their commissions are not tracked and paid by an independent third party?
4. Use a Hosted Solution
There are good reasons for not hosting your affiliate program on your server. Perhaps you don`t have the time to administer all the aspects of an affiliate program. Maybe your time could be used more productively in other areas of your business. Additionally, an independent third party tracking and paying affiliate commissions inspires confidence in prospective affiliates. Finally, you just might benefit from the additional exposure that an affiliate network brings you.
ClixGalore.com is an example of an affiliate network. You will need to pay a $75.00 deposit to cover affiliate commissions. They charge 25% of any affiliate commissions paid. For example, if you paid an affiliate a 10% commission on a $100.00 sale, you would pay the affiliate $10.00 and ClixGalore $2.50.
With ClixGalore, you can also have a two-tier program. Taking the above example, if you paid affiliates for finding other affiliates, you might pay 2% on your second tier. That would be another $2.00 commission and $ .50 affiliate network fee for a total of $15.00 in commissions on both levels.
5. For All Affiliate Programs
Setup your own web page (or pages) outlining the benefits of your affiliate program. Offer articles, suggestions, text and banner links, and other useful support for your affiliates.
Offer a generous commission so that others feel motivated to sell for you. Obtain the e-mail addresses of your affiliates so that you can keep in touch with them to aid them to sell more.
For increased traffic, sales and profits, start your own affiliate program.
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Written on January 30th, 2010 by Guruno shouts
Founded in September 1995, eBay is The World&s Online Marketplace for the sale of goods and services by a diverse community of individuals and small businesses. Today, the eBay community includes more than a hundred million registered members from around the world. People spend more time on eBay than any other online site, making it the most popular shopping destination on the Internet.
Did you know that most eBay sellers are full time workers in a huge variety of work domains? You may see eBay as a great opportunity to supplement your income, or you may see it as a modern form of a garage sale. Regardless of your views, you can make the most out of eBay’s offer and reach an extensive audience for whatever it is that you wish to sell.
Selling your product on eBay is a user friendly, simple process. The first thing that you need to do is to create your own free eBay account. In order to do this you need to provide the site with your credit or debit card number and your checking account information. You needn&t worry about security issues, as eBay has some of the most secure servers in the world.
The second step is to choose to have your fees deducted from your checking account with eBay Direct Pay or to pay for them with your credit card. EBay charges you an insertion fee, for each item you post for sale, and a final value fee when the item is sold. The fees are low and if the item isn’t sold you don’t have to pay the final value fee. In case you do not have a credit card you can still participate to the buying and selling activities on eBay by verifying your identity for $5.
When you eBay account is ready you will have to follow these steps: • Decide on your selling format. There are several ways to sell items on eBay and you will have to choose the one that suits your need best. • Select a category – place your ad in a relevant context for better exposure. Its like selling them in the right place inside a huge mall. People will likely to search at that category, just don’t forget to emphasize on categories. • Write a concise title. Titles sell the best, one-liners or what you think is best. You can make things appealing considering you have the merchandise; they can instantly pull of another sound made by cash registers on a sale. • Describe your item as clearly as possible. EBay users search of the best image for the merchandise, you can have to improve your camera skills to attract probable customers. And of course add photos of the item in all angles. This is a very convincing argument for most buyers as they will trust your product more when they get to actually see it. • Set your price and the duration of your auction. Having to decide on this might be a good idea when the bidding closes off, as some schemes let the possible buyers choose the buy it now option if the conditions apply, try to experiment on things that may entice them to actually buy the product at a high price. • Make your item stand out from the crowd by using the numerous listing upgrades. Upgrading your listing makes them fresh and on top of the competition. this is fairly optional, but if you have the time to update your list, might as well do them. • Enter Payment and Shipping Information and specify who will pay for the shipping and how your buyer will release funds for it. These conditions are critical to state. Often, confusing your prospects and make them walk away from the deal if you give them a horrible shipping condition. Try to build their trust; after all, what you really want is to sell your items.
The steps mentioned above will take only minutes to complete, making your eBay selling experience a pleasant one. You will be asked to review all of the information you provided and then submit it. Your eBay listing begins from that moment and you can start watching the buying process unfold.
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Written on January 29th, 2010 by Guruno shouts
What is an affiliate program? I’ve been bombarded with this question from Internet business newbies since I got myself involved in this very interesting but challenging
online business.
Many years ago, ever since we started manufacturing products for sale in the offline physical world, we had been having sales agents representing different manufacturers to help the latter to expand their markets. The agents conclude sales without carrying inventory, handling payments, signing contracts, sorting, packing and shipping of the products. Their main focus had been to make the sale by getting the orders from the prospects and existing customers, which were then processed by the manufacturers or merchants.
In the Internet online world we have affiliates instead of agents. Affiliates are highly targeted pay-for-performance sales agents.
There are also some forms of Internet advertising that rewards the affiliates for driving traffic to the advertiser i.e. the manufacturers or the affiliate program owners. The advertiser pays the affiliates to place a link on their website, and the affiliate sends traffic to the advertiser in return. In other words, it’s about the affiliates receiving commissions for helping in making the sales.
The most common reward is pay-for-sale, where the merchant pays the affiliates who referred the paying customers.
Affiliates are being considered as a complementary but very important sales channel although the merchants themselves continue to get their own direct traffic in making their own sales.
The affiliates do not have to suffer from the occasional sleepless nights worrying about the processing of orders, packing and shipping etc because this are being taken care of by the merchants who usually have an effective tracking system to determine which affiliates drive which orders to them starting with the so-called affiliate links. These are
the links that the affiliates put on their websites, newsletters, ezines or emails.
How does an affiliate link look like? You may ask. The most common affiliate link is embedded in the linking URL. For example, if you see a link like “http://www.abcmerchant.com/?xxxx=3456″, you can be quite sure that the affiliate with the ID (identification) 3456 will receive money from ABC Merchant when someone places his order after clicking that link.
Other affiliate links are more complex and encrypted with some sites having their links masked so that the prospects won’t be able to detect that the URL they’re clicking is an affiliate link.
An excellent example of an affiliate program is that of Amazon.com who happens to have one of the oldest affiliate programs in the Internet. Other possible affiliate programs are as follows:
1) “Pay per click” – the merchant pays the affiliates for the driving the traffic and the resulted orders to them.
2) “Pay per lead” – the merchant pays the affiliates for directing the prospects to register their interest with a possibility of making the sales later.
3) “Pay per subscription” – if the merchant has a recurring revenue from the customer’s repeated orders, the affiliates will benefit accordingly.
Why bother about Affiliate Marketing at all then?
The following are some of the reasons why Internet marketers the world over swear by the affiliate marketing as a form of their Internet advertisement and strategy:
1. Low budget
Many are hesitant to venture into any home based businesses because of the lack of fund or the unwillingness to part with money due to uncertainties. In affiliate marketing, you don’t have to invest a lot financially to start pulling in profits.
2. No inventories
There is no need to keep and manage an inventory as this would be taken care of by the merchant.
3. Passive income through leverage
One could copy what the truly wealthy people are doing (or rather not doing). They earn their income through various leverage strategies which allow them to make money while they’re sleeping, meddling with hobbies, or having vacation in far away places such as the beautiful beaches in Hawaii or Malaysia.
Unlike a paid job, affiliates could just drive traffic to the merchants’ websites without having to sweat after having provided them your ad copy and links.
4. Minimal risk
The main reason for most successful Internet marketer&s extensive use of affiliate marketing is the low-risk nature of the program. This is especially attractive to those with low budget for advertising
5. Globalisation
With affiliate marketing, you are dealing with an unending global market place. All you have to do is study, research and select a niche product or service and prepare all the necessary marketing tools for your affiliates to direct traffic from just about anywhere around the world to your website.
6. Getting paid while you sleep
This system allows you to “recruit†thousands of “salesmen†who are willing to work for you 24 hours a day and 7 days a week. The best part is the fact that they’re willing to do so for nothing! This is a system that allows you to switch your business to “Autopilot†mode so that you could continue to earn money whether you’re awake, asleep or holidaying in Bangkok or Penang. It is a system that allows you to work from home or some places 10,000 km or more away from home.
Having said this, it must be stated that not all affiliate programs are successful. Many affiliate program owners fail because of their lack of the necessary investment, for instance, the merchant needs to invest in an effective tracking system, which is usually an outsourced affiliate network or an in-house affiliate software system. Another factor to consider is having sufficient human resources to recruit, manage, and motivate the affiliates with the right technical support and remuneration. Without a good support system in place, the affiliates will not stay long enough to produce the desired results.
Most online businesses use affiliate marketing strategy to sell their products which could include physical products, software or e-books. Service industry can also benefit from an affiliate program via a pay-per-lead program.
Before a merchant could establish an affiliate strategy, he should consider many factors among them are the answers to the following questions:
1) What are the benefits to the affiliates? What commission rate should be offered to affiliates to attract them and motivate them?
2) What are the competitors doing? Are there any innovative strategies that could produce product differentiation?
3) What pay-for-performance model should be adopted?
4) How to manage the affiliates and motivate them?
5) How are the affiliates paid using the latest technology without affecting their moral due, for instance, to delayed payment of their commission?
6) What affiliate software tracking systems are available and which is the best for the purpose?
A well designed affiliate program could bring very explosive positive results to the affiliate program owners’ business and the stream of income for the affiliates themselves.
An affiliate strategy done right can increase online sales tremendously. There are well over 30 affiliate software packages to choose from. There are also more than 200 features in affiliate software and network offerings.
With all these possibilities, no wonder many success stories of the Internet businesses today are the results of suitable application of affiliate programs. Indeed, most online businesses could not survive today without effective affiliate programs.
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Written on January 21st, 2010 by Guruno shouts
In addition to the many conveniences and headaches brought on by our increasing reliance on the world wide web, this new form of communication, advertising and commerce has brought with it an altered mindset for the new consumer; we want it fast, we want it now, we want it perfect. From small ecommerce web sites to large organizations, reliable hosting is the key to ensure that customers and viewers see the same site at the same speed every time they visit their favorites. Reliable web hosting services provide the space, along with support (often 24/7) and the all important bandwidth. Reliable hosting is key to success in that it gives the consumer a consistent experience while preventing down time, that could cost the company in question hundreds, and maybe thousands in revenue.
There is a fine selection of reliable web-hosting services online. Often these services host in a specific region. There is a multitude of web sites on the internet advertising the services of one or another reliable hosting company. Luckily, there are also a couple out there to help you choose what is right for your company. Netcraft and Web hosting Inspector are two examples of such sites.
Web hosting Inspector provides a comprehensive spreadsheet listing independent test results, awards, rankings services and prices for various reliable web hosters. Though helpful, Web hosting Inspector feels a lot like paid advertising. A better choice is Netcraft. Netcraft supplies a lot of the same info as Web hosting Inspector, but also gives in depth analysis regarding down time, a fate worse than death to any e-commerce entrepreneur. Very often, these companies are run from private homes, a low cost, high return way for the internet savvy to make an income. However, the very “under the radar†nature of some of these businesses makes it all the more crucial that sites such as Netcraft exist, providing checks and balances to an otherwise turbulent industry.
You cannot have a company on the internet without a reliable hosting provider, with a team of dependable customer service. Their services are important to keep your e-commerce site consistent; visually consistent, service oriented and most importantly, consistently lucrative.
As the use of the Internet increases every day, with more people than ever before utilizing the World Wide Web to find products and services they need, reliable web site hosting becomes a bigger issue. Consumers will not continue using companies who have web sites that are slow loading or are constantly having technical difficulties and down time. It could be the death of a growing online company to have a site that’s unavailable for any legthy time frame because of a server problem. The choice of a reliable web site hosting company is then imperative.
Online companies along with individuals will want to select a reliable web hosting company that also offers great customer service, fair and competitive pricing plus first class management. There are some suggestions you will want to remember when looking for a reliable web hosting company. If you are seeking quality and reliability you will want to do a some research before you make your final decision.
When you are ready to start a web site either for business or personal needs, you need to find a reliable hosting service. The reason for this is because that will be the place you keep the web pages for viewing by consumers and possible business clients. If you are just starting with an online presence either as an e-commerce venture or even as an individual you want to first understand the basics of web hosting. A server is a computer that gets the requests for pages or files from the Internet. When someone types in a domain name a server somewhere is accessed. It then shows the requested pages or files to the computer requesting the information. Another way to look at a reliable web host is, they are a landlord renting you space on their computer to others. You then have a choice between shared hosting or dedicated hosting. The difference is evident in the name. A shared host shares it’s server with more than one client and a dedicated host has one client on it’s server. Dedicated servers normally are used by e-commerce sites that require a large amount of space disk space and more personal management plus cost a little more.
As the Internet is growing so is the number of companies offering hosting services and the more competitive the market is becoming. Some offer inexpensive monthly prices, some even offer free hosting. As a business free web hosting may sound like a great solution however; having a website that is also shows advertising that may or may not compete with your online business is not a very good idea. In general a free web host does not have the quality of customer service a paid reliable web hosting company would have. These servers are also normally crowded with personal web pages and have limited options. Many have technical issues that may include down times which could have a negative effect on your new business. These are all factors you need to consider.
Paying more for a reliable web hosting company is a better option. You want to make a good entrance into the web and if you are already established you want to keep your appearance and your clients experiences positive. Another issue to think about is future expansion. A reliable web hosting company can offer a multitude of services and packages to grow as you do. When choosing a reliable web hosting company think of it as a long term business arrangement.
Before looking into reliable hosting options make a list of what is going to be important to you. This not only in regards to the web site, but to other aspects such as budgets, what you want to accomplish, short and long term goals. All these factors need to be considered. Sit down with other companies about their relationships involving several different reliable web hosting companies. This may give you a great place to start your search.
We mentioned budgets which most start up businesses need to deal with. A word of caution here, a reliable web host may not necessarily be the cheapest but you will get what you pay for. Reliable web hosting can be found at a price to fit just about every imaginable budget.
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Written on December 25th, 2009 by Guruno shouts
If you’ve ever read an article about eBay, you will have seen the kinds of incomes people make – it isn’t unusual to hear of people making thousands of dollars per month on eBay.
Next time you’re on eBay, take a look at how many PowerSellers there are: you’ll find quite a few. Now consider that every single one of one of them must be making at least $1,000 per month, as that’s eBay’s requirement for becoming a PowerSeller. Silver PowerSellers make at least $3,000 each month, while Gold PowerSellers make more than $10,000, and the Platinum level is $25,000. The top ranking is Titanium PowerSeller, and to qualify you must make at least $150,000 in sales every month!
The fact that these people exist gives you come idea of the income possibilities here. Most of them never set out to even set up a business on eBay – they simply started selling a few things, and then kept going. There are plenty of people whose full-time job is selling things on eBay, and some of them have been doing it for years now. Can you imagine that? Once they’ve bought the stock, everything else is pretty much pure profit for these people – they don’t need to pay for any business premises, staff, or anything else. There are multi-million pound businesses making less in actual profit than eBay PowerSellers do.
Even if you don’t want to quit your job and really go for it, you can still use eBay to make a significant second income. You can pack up orders during the week and take them down to the post office for delivery each Saturday. There are few other things you could be doing with your spare time that have anywhere near that kind of earning potential.
What’s more, eBay doesn’t care who you are, where you live, or what you look like: some PowerSellers are very old, or very young. Some live out in the middle of nowhere where selling on eBay is one of the few alternatives to farming or being very poor. eBay tears down the barriers to earning that the real world constantly puts up. There’s no job interview and no commuting involved – if you can post things, you can do it.
Put it this way: if you know where to get something reasonably cheaply that you could sell, then you can sell it on eBay – and since you can always get discounts for bulk at wholesale, that’s not exactly difficult. Buy a job lot of something in-demand cheaply, sell it on eBay, and you’re making money already, with no set-up costs.
If you want to dip your toe in the water before you commit to actually buying anything, then you can just sell things that you’ve got lying around in the house. Search through that cupboard of stuff you never use, and you’ll probably find you’ve got a few hundred dollars’ worth of stuff lying around in there! This is the power of eBay: there is always someone who wants what you’re selling, whatever it might be, and since they’ve come looking for you, you don’t even need to do anything to get them to buy it.
So you want to get started on eBay? Well, that’s great! There are only a few little things you need to learn to get started. Our next email will give you the lowdown.
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