Browsing Tag

online business

Essential advice for Newbies

This morning I followed a link in an email from Liz Tomey (for those who don’t know Liz, she is a very successful internet marketer).

Liz TomeyThe post was on her site The Biz Model Guru’s Secrets and is titled How To Keep The Techy Stuff From Killing Your Online Biz Success!

This post is excellent advice; Liz says:

I have seen a lot of people never become successful with their own online business for one very easy to overcome problem……

People looking to start an online business need skills such as product creation, copywriting, being able to build simple websites to sell their products from, how to install and use a blog, and several other technical skills.

When people start seeing all these skills they start getting confused, start trying to learn everything at once, and they end up buying everything under the sun to help them but become a casualty of information overload.

They never get any further than where they got stuck and never see the fruits from their labor…..

This post is worth reading, even if you are not a newbie but are not succeeding as well as you hope to. Here is the link    http://bizmodelguru.com/how-to-keep-the-techy-stuff-from-killing-your-online-biz-success/

Which Money Making System Is Right For You?

With so many money making opportunities available it can be difficult to choose the one that is right for your needs.

 

 

The first thing you need to decide on is what you are actually looking for in an online business. rainy day money

Do you want to replace your current full-time job or business or just earn some extra retirement or rainy day money.

It’s important to recognize your own needs so you can match opportunities to meet those needs the best.

What you will be looking for will be different depending on what you’re after. There are various business models to consider, E-commerce, network marketing, affiliate marketing, among others.

To help you find a model or system that will provide what you need and want in an internet business it’s a good idea to write down a list of questions you need answers for, such as these:

* How long has this system or program been operating?
* Does it have potential for long-term profitability?
* Who or what is the target audience?
* How quickly will this system start bringing in an income?
* What sort of profit could you expect to make with this program in the first six months?

It’s best not to choose an opportunity because a friend, relative or co-worker has a successful website. Each person’s needs and expertise are different, so the right program will not be the same for every person.

Once you assess your needs and what you have to achieve from a money making website you are ready to review the opportunities available out there. While you don’t have to choose an existing system, looking at what is available will help you select something you would like to do.

It will also assist your assessment of what you need to learn or do to turn your idea of a highly profitable money making website that will help you meet your financial needs into a reality.

Always remember that any business requires some hard work and a time commitment; if an advertised system promises you will make thousands of dollars almost overnight, then be very wary of it.

More information about making money online, you can download the free report from Kathleen Gage TheTruthAboutMakingMoneyOnline.zip

The DubLi Business Opportunity

“How would you like to have had a share of Ebay, Google or Amazon BEFORE they got started?  And how would you like to be earning a small amount every time someone buys from their online shops?”

If you said YES, then here’s some info on an exciting new business opportunity, especially for Aussies & Kiwis.

DubLi is a new hybrid business/shopping concept

Affiliate Marketing – some thoughts and ideas

Affiliate Marketing – what exactly is it?

Put simply, it is process where you as the affiliate sell or promote someone else’s product or service and you receive a commission for your efforts. Affiliate Marketing is usually considered to be the lowest cost business model when starting an Online Business, and as such is the most popular method with many newcomers to Internet Marketing. The owners or licence holders of the product you promote can be called authors, publishers, merchants or other different terms, depending on whether it is a physical or an information product that you are promoting and how the commission payments are organised.

This business model can take many different forms but are commonly called Affiliate Programs. You join the affiliate program a merchant is using to sell a particular product you are interested in promoting. The most common types of programs are as follows:

  1. Pay per click – each visitor you send to the merchant’s site will earn you a commission.
  2. Pay per lead – each lead you send to the merchant’s site will earn you a commission.
  3. Pay per sale – commission will be paid by publishers for each sale made at his website or on sites such as clickbank or paydotcom.

Each one of the above methods returns a certain payment for delivering the click, lead, or sale. By far the largest number of businesses utilizing this model work on a Pay per Sale system. There are hundreds of affiliate networks that you can join where the owners of the site have numerous publishers registered so you can choose products & promote them without have to join up to all the separate affiliate programs. Examples of such sites are Commission Junction, Clix Galore, Clickbank, PayDotCom and Click2sell.

Many Internet Marketers will guide the beginner into Affiliate Marketing because it is considered to be the cheapest and simplest business model to get started and develop, especially when all the marketing tools such as a web sales page, promotional emails, articles, press releases etc are provided by the publisher.

Your main costs will be in the promotion of the product or service. All costs associated with the product, sales page, delivery, after sales services, as well as merchant services set up and costs, will be paid by the merchant providing the product.

When starting your Internet Business through affiliate marketing there are five steps to follow:

  1. Find your niche market which shows enough demand as well as a reasonable supply, as well as one that would support future business growth.
  2. Find out what the market is searching for in terms of solutions to problems, or a product/service for which there is a shortage of supply or even a deficiency.
  3. Research the available affiliate products and services for something that will fill the deficiency or fix the problem.
  4. Promote the product by every means available to you.
  5. Although this is not necessarily essential, owning your own website can increase your methods of promotion, but more importantly it allows you to pre-sell the product before redirecting them to the merchant’s sales page.

The final item regarding your own website needs serious consideration as it will be the best way towards developing and growing your business and to start creating an opt-in list of targeted potential customers.

Creating a trust between yourself and your customers, as well as your partners, is of prime importance to your business. This trust will serve you well as your customers will gradually consider you to be their expert in this niche and they will take your recommendations and buy.

To help build this relationship of trust, give value to potential customers by offering something useful to them for free. The more value you give them, the more they will be inclined to make purchases from you at a later date. Do not think for one minute that without it you will be able to succeed in affiliate marketing or any other type of business if you do not build a relationship of trust with a list of potential customers.