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Feb 5
Feb 5 – The New FTC Guidelines and Your Money Making Online Business
Feb 1 – Website Traffic Ideas For Your Online Money Making Business
Jan 25 – Growing Your Money Making Online Business
Jan 22 – Distraction Management For Your Money Making Online Business
Jan 18 – How Often Should You Post To Your Money Making Blog?
Jan 12 – Using Private Label Rights To Generate Viral Traffic For Your Online Money Making Business
Jan 5 – 9 – Viral Marketing For Your Online Money Making Business – Parts 1, 2 and 3
On December 1, 2009, The FTC published new guidelines which affect all money making online marketing businesses. How difficult are these guidelines to follow and what must we all do to make sure we comply?
First of all no doubt these guidelines will slow most of us down a little, but they aren’t necessarily bad. Certainly, they are meant to protect the consumer from the overdone hype and wild advertisers’ claims that cannot be substantiated. We all know that online marketers seem to have a tendency to do just that.
So what do these guidelines really do. First and foremost there is mandatory disclosure of any material connection between yourself and any affiliate product you are recommending. Many of our colleagues don’t like this, but it will no longer be legal to make a recommendation sound unbiased when it is not. It even goes further in that you must disclose the fact that you rare promoting a product you have received for free.
A result of this is a notable reduction in fake blogs and blogs with raving consumer reviews when really the owner is really only reporting affiliate sales. Under the new rules it is not legal to play on a customer’s inexperience in this way.
Of course, you also need to be careful of people trying to take advantage of the concern or maybe even fear of internet marketers in regard to these rules. Innumerable programs are cropping up to guide you through the new maze. Some of this, of course,is legitimate, but also, some comes from unqualified sources. You need to be careful that anyone you contract to help you is qualified to do so.
And no one can insure compliance or protection. You need to understand the guidelines, and if you have any doubts about a marketing program you are undertaking, be sure to get quality advice before you go public with it.
The FTC is serious and not to be taken lightly. If you want to succeed in your online money making marketing business, you need to make sure you are operating within the FTC guidelines.
Sign up over to the right and get my free ebook. It will answer all of your questions about how to make money online. I recommend The Affiliate Code as the best affiliate program around, but it you want to check out some others and particularly if you are interested in assistance with investing, go to Working For Our Future and you’ll find a choice of several systems that will solve your investing problems.
If you are looking to attract quality traffic for your online money making website, there are a lot of techniques you can think of to make that happen.
However, you have to be aware that there are also website traffic experts out there that are just waiting to pounce on you and will hinder you from achieving success out of something you have worked hard for.
Here are some things to know so your time, effort and money will not be sucked down the drain.
1. Check out sites that are offering free software or free traffic before you pay for them. Not all paid stuff is better than free stuff.
Incorporate into your site what you have gotten and monitor if these things are effective for attracting traffic or not. This will help you evaluate worth of free software and traffic.
2. Do not pay for information that you could have gotten for free. There are many websites you can check out that give information with no charge. These websites are posting valuable techniques and tips that will prove helpful in increasing your website traffic.
3. Never believe in promises that seem to good to be true. It might turn out to be just that. For sure, you will receive emails from lots of so-called guru’s who that tell you that they are the best and that they can bring a bunch of website traffic to your site.
I can give you a wonderful example. I received a free offer to bring immense traffic to my site. In fact they did. In two days my site received 7,000 visits. Terrific! But not one of these visits resulted in a real view of my site let alone a conversion.
So check out the credentials of the person offering free whatever first before going ahead. Do some research about these people and their site. Remember that promises are easier to make that to turn into reality. See beyond the words.
4. Stop what works poorly and do what works well. If you have found something that somehow increased your website traffic, hold on to that and expand it. But if you see that it is not doing what it is supposed to do, close it down.
5. Learn to do everything yourself. When you have learned and understood the intricacies of website traffic, you will no longer need other people`s expertise.
Having a knowledge of how things work will make it difficult for others to take advantage of you. You will not be easily talked into something you might regret later. Research on the Internet the tools and strategies you can use to increase your website traffic.
6. Make the most out of the money you are spending. Make sure you need something before you go for it.
You have to be aware that there are a lot of schemers out there wanting to get hold of you hard-earned money. Be wary of grandiose offers.
7. Your website. The look and feel of your site is an important factor on the amount of website traffic you will be get. A professional looking site with easy access to everything will attract more traffic than a site that people cannot find easily, is too cluttered and difficult to navigate.
8. Have someone review your website. Ask them to give you an honest assessment about how your site appears to them. Negative comments are more helpful than positive ones because these will help you change what should be changed.
Follow these ideas and your online money making website will certainly be successful.
Sign up over to the right and get my free ebook. It will answer all of your questions about how to make money online. I recommend The Affiliate Code as the best affiliate program around, but it you want to check out some others, go to Working For Our Future and you’ll find three other great ones.
You’ve got your money making online business started. Now you want to grow it into something that will earn you a real income. How can you do it?
Well, most things you read give you a couple of different ideas on this. Two of the best ideas are affiliate marketing selling someone else’s product and buying your own reprint rights product and selling it on ebay or Craig’s list. Also, you can buy and sell stuff on ebay or you can sell drop ship stuff as an affiliate of Amazon or similar vendors. All of these can help you build your money making online business. It also depends on where you have started.
But let’s be honest.
You have certainly heard of one hit wonders. Usually, a rock band that really makes it big with one song. Then when its popularity fades, they’re never heard of again.
A making money online business can be the same. When you first start out, your focus is on getting started and trying to be profitable quickly. It makes good sense as a start up plan. But once you get off the ground, you need to change your focus. You need to stop thinking about the quick buck and start thinking about growing your money making business business so that it will build your income steadily over the long term.
There are a lot of steps you can take to build your long term money making business, but the first one to take is through back end selling.
Your back end consists of the additional sale or sales that you make after or maybe at the same time you sell your initial product. Your back end is where your making money online business will make the most money in the long run. So how does this all work?
To understand this you need to consider your marketing program as a sales funnel. You pour a lot of stuff into the funnel’s big opening at the top, and it comes out of the smaller opening at the bottom. But a sales funnel has a lot of leaks. Not everything comes out the bottom.
Think of the first product you sell to a new buyer as the entry point to your funnel. You price it relatively low, so lots of people buy it. That’s the wide end of the funnel.
What you want to do is to migrate those buyers to more expensive products so you can make more money on each repeat sale to those customers. Along the way you can also sell your customer additional products at the same or similar prices at any level of your funnel.
Not every customer will migrate all the way to the most expensive product you sell, and some who do will only buy one of your most expensive products instead of buying them all. That’s why you can think of your funnel as having leaks. Not every customer who enters it makes it all the way to the bottom.
But the funnel concept give you a nice picture of what you are trying to do. You want to sell more products to exiting customers and migrate as many of those customers as possible to more expensive product over time.
Your funnel has different levels, where you sell different products at different price points. So your initial sale is just the beginning. If you are going to build a real money making online business, you need to develop your back end sales. When you’ve done that, you’ve began to build a serious long term money making online business.
Sign over to the right and get my free ebook. It will answer all of your questions. I recommend The Affiliate Code as the best affiliate program around, but it you want to check out some others, go to Working For Our Future and you’ll findthree other great ones.
You have just started your new money making online business. You, of course, are doing this working at home. Nothing to it, you think. If you’re lucky enough to have a room you can use as your office, all you have to do is shut the door and you’ll be able to work as long as you wish undisturbed. If like most of us, you have a corner someplace in your house for your office, it’s a bit more difficult, but you figure that you just tell everyone not to bother you and you’ll be fine. However, the reality may be something very different. Even having your office in a room where you can close the door, you find the distractions are frequent and often long. This is just your first problem.
Unfortunately, the distractions are not just from the outside of your office. Your money making online business is tied closely to the internet. Today, while checking your emails, you find a message from a friend, and, of course, you have to respond. And you must check your other emails. Some of that is business related, but a lot is not. That is more time spent away from money making online. And as yet, I have not mentioned surfing the internet. You start with the plan, let’s say, to check your key words on Google or to work on an ad you have on adwords or write a blog. The next thing that you know you are looking up all kinds of things that you are curious about. Does any of this sound familiar? If not, you are truly dedicated, but most of us find ourselves distracted from time too time by these things. So what can you do about it?
First of all don’t beat yourself up. Some breaks from the grind are necessary. But, you need to control them. Start by planning in advance what your work schedule will be. You can adjust it later, but have a planned work period. Then make a list of the activities you are planning to do at least in broad categories. As you go through this work period, note how much time you spend on each category, and if you get distracted, note what the distraction was and how much time you spent on it. Finally, consider how much in dollars each activity and distraction is worth to you. Once you’ve put a dollar value to your time, it will be easy to concentrate on the important money making activities, and reduce your time on the less important ones.
This will also help into step two, which is organizing your time based on the activities you find are the most important for making money online and worth the most to you. Notice we are talking about the most important activities, not maybe the most fun. Every business or job requires activities that we would rather put off or not do. If we could, we would pay someone else to do them. But even then, you cannot escape some jobs that you don’t like, which only you can do. And a money making online business is no different. So list your activities in order of importance to you so you can set your priorities.
The final step by now is obvious. At the end of each day spend fifteen minutes to prepare your work pan for the following day. Break it into Group A and Group B. Group A, which includes the most urgent money making online activities, must be completed before you start on Group B. This approach will save you time when you sit down at your desk the following day so you can dive right into the Group that needs first attention.
You probably will say that all this is just common sense, and you will be correct. But you need to identify the problem first before you can solve it. Then common sense can put you on your way.
Managing distraction does not make the days shorter, but it does make it possible to take control of your time. It will help you maximize your productivity and get the most out of your time; one of your most priceless and irreplaceable assets. And it certainly will help you to become more successfulon your new money making online business.
Sign over to the right and get my free ebook. It will answer all of your questions. I recommend The Affiliate Code as the best affiliate program around, but it you want to check out some others, go to Working For Our Future and you’ll findthree other great ones.
Why do you post on your money making blog in the first place? Maybe you just like to write. Maybe you have so much stuff in your head that you need to toss it out. Writing is obviously a good way to do that. But if you are like most of us, writing a post takes time away from other things that you would like to be doing to further your money making business so it can be a bit of an annoyance. You are working away on one of your other projects, and you think, “Nuts, I haven’t posted on my blog for a while, I’d better put something together and get it posted”.
So back to the original question. How often should you post on your blog? Obviously, there is no one answer nor one that is right for everyone. So let’s discuss the question.
The first extreme is to post rarely, let’s say once a month. My opinion is that posting once a month is probably on the edge. It is probably the least amount of posting you can get away with. If you are only posting once a month, your followers may well decide that you are not very interested in your blog and quit paying visits to it. That is one aspect. However, what is probably worse is that the search engines will draw the same inference and your blog may fall far down in the rankings. My conclusion is that you need to post more often.
The other extreme that I have heard, and I have one ebook author who recommends it is that you post several times a day. The theory is that it doesn’t matter much what you write (or how good it is), but the search engines will catch the activity and your blog will go to the top of the rankings. My problem is with the idea that what you write doesn’t matter. I do agree that you shouldn’t overwork the editing, but I believe you want your posts to be clearly written about an interesting topic with no misspelled words and reasonably good punctuation. At least I can’t write several articles a day that meet that requirement. So for me to write more than one post a day is a stretch.
So where do I come down. I believe that if you post at least every other day you will meet your goals reasonably well. You will have enough activity for the search engines to give you a reasonable ranking, and your followers will feel they can come to your blog a couple of times a week and find new content that they will appreciate.
So you need to make your own decision, but if you post every other day your blog will be a key element in your online money making business and successful.
By the way if you want to read more on starting your online money making business, sign up on the right and get my free ebook, Make A Million Online System. It explains in detail the above ideas plus gives you many more. And if you want to check out affiliate programs, go to my website, Working For Our Future, and you can get instant access to the latest and hotest affiliate program on the market.
I would think that everyone who is trying to set up his or her online money making business knows how to find a profitable product quickly and easily. However, I read something the other day, which made me wonder whether some people who are just getting involved in an online money making business might find some help useful.
What should you consider to be a profitable product?
You all know that to start you online money making business you need to set up a landing page. But for it to work you need a profitable product. Many people think that you define a profitable product by the size of the commission. Obviously, a large commission is nice, but it is not the most important aspect of the product. Far more important is the conversion rate of the product.
There are many products that convert well, but probably the quickest and easiest to find are affiliate products. And the quickest and easiest place to find affiliate products is www.clickbank.com. In the clickbank market place are listed ebooks, membership sites and video courses all for sale or set up for you to sell. If you are representing the product owner, each time you sell his product, your commission is automatically deposited into your account. Once you earn over $100, your earnings will be deposited into your own bank account twice a month.
Using Clickbank.
If you’re not registered for clickbank, you sign up at http://www.clickbank.com. The instructions are easy to follow, but be careful when you put in a nickname or ID. Once you have entered one, you cannot change it. It is probably better to have a nickname related to you own name. If you have one related to your niche, you may not be happy with it if you want to market in another niche, but you’d be stuck with it.
Search the marketplace.
Open the marketplace and search using your key word niche. This will bring up a list of products in that niche.
Look through the list for the products that have the highest popularity and gravity and pick out three of four. If you see a number of products in your niche this is good because it means that there is a demand for your niche.
Sort your list of products by popularity and gravity.
Obviously, the most popular are getting the most sales. Gravity is a calculation made by Clickbank which indicates which products are getting more sales by affiliates. In other words a high gravity means that a relatively high number of affiliates are having success selling that product. High gravity also means that a product has good momentum and converts well for affiliate traffic.
Ideally you want a product with both a high gravity and high popularity, but you want to make sure the gravity is at least 30. When it gets close to 100, it should be as close to a guarantee that it will sell well as you can get.
Note the % referred number.
The % referred number is the percentage of product sales which come from affiliates instead of direct sales. A high referred percentage usually means that you’ll have a better chance of making money with the product.
When you go through this exercise and end up with several products you want to promote, you then select one or two to start with in you campaign keeping the others in reserve for later. The important next step is to track the success of each of your products. You may want to alternate products and see which ones work the best. Also, you don’t want to fall in love with a product and hang on to it when it is no longer converting for you. It’s easy to do, but if you’re going to be successful in your online money making business, you need to actively test your products and only promote those that are really successful for you.
By the way if you want to read more on starting your online money making business, sign up on the right and get my free ebook, Make A Million Online System. It explains in detail the above ideas plus gives you many more. And if you want to check out affiliate programs, go to my website, Working For Our Future, and get into one of the three affiliate programs that I am promoting. And you’ll be off and running.
This post is kind of an add on to my previous three articles on viral techniques for your online money making business. This idea, however, takes a different slant. It starts with your buying or owning private label rights (PLR) to some kind of content. Usually, and maybe the easiest is to start with a private label rights ebook.
The idea is to repurpose the ebook. I’m not sure that repurpose is really a word, but the idea is to take the ebook, cut it up and issue it again in different ways to promote your online money making business. This can open up a bunch of new ways to make some money off of your private label rights content, and offer your expertise through several different mediums. This can also enhance your reputation as an expert along the way, without having to create anything.
Here are several ways to do this.
1. You can reproduce the PLR content as a Powerpoint Slide Video and upload it to YouTube. YouTube has become one of Marketer’s favorite sites to draw traffic to their websites. If you can attract the right audience using good keywords, you can draw substantial traffic to your website.
2. You can cut up the PLR into short YouTube tutorials. These also can elevate your name as an expert. The better you are known as an expert, the more people are willing to spend on your products.
3. You can breakdown your PLR into special reports. You can give them away, publish them as short articles and post them to your blog.
4. You can record audio of the PLR or even of the short articles you have broken out to it, and podcast them. Everyday it gets easier for people to obtain and listen to podcasts so it’s becoming the future wave for drawing traffic. Again people’s perception of your expertise will soar.
5. Another thing you can do with the short articles you have made from the original PLR is distribute them to other blogs as guest blogger. You need to find other blogs with high traffic and become a guest blogger. This is a great way to broaden the market’s perception of you as an expert.
The more PLR content you have, the more articles, mosts and comments you can develop and publish in the mediums discussed above. You need to be continually looking around for new ways to repurpose your content and spread it around in places that will attract traffic to your website. The more you spread your content around the better your online money making business will do.
By the way if you want to read more on starting your online money making business, sign up on the right and get my free ebook, Make A Million Online System. It explains in detail the above ideas plus gives you many more. And if you want to check out affiliate programs, go to my website, Working For Our Future, and get into one of the three affiliate programs that I am promoting. And you’ll be off and running .
Viral marketing as a way to enhance your online money making business is hot these days. The way it spreads a marketing message can be very effective. The idea of Internet viral marketing is to have your marketing message spread like a virus, as the name implies.
There are many well-known ways of creating a buzz through Internet viral marketing. One can utilize site links, referral programs and other viral marketing techniques to reach his target audience. It a great idea to start your online marketing business with the viral marketing concept in mind. To do this you need to use the right techniques. This article is part three and the last part of several articles on some of the viral marketing techniques that are available on the Internet. Read Parts 1 and 2 to get my full list of viral techniques, which by the way is not complete. Every day new viral techniques are found so no list will ever be complete.
Here is the first part of my list of viral techniques which can be effective in spreading a marketing message:
Free autoresponder service
An autoresponder service is a program which automatically responds to emails that are sent to the responder.
Free email course
A free email course can be used by marketers since it is a good way to learn and get information about the basics of getting connected through the net.
Writing articles and distributing them for reprint
If one is a good writer, he can write articles and use them to convey his message. The articles may not necessarily contain the message itself but usually a message can be placed in the Author Resource Box at the end of the article.
Using forums and discussion boards (using signatures)
If one has a discussion board in his website, he might as well let people use it for free. An advertisement at the top of the discussion board will definitely be an effective way to market the website.
Start your own affiliate program (one of the best method to generating traffic and sales)
Affiliate programs give incentives to webmasters to put up your banners into their websites. This is one of the most popular viral marketing techniques today.
Joint Ventures
Special arrangements can be made with the webmasters so as to maximize the potentials of the banners and minimize the cost of putting them up.
Provide free guestbook
Providing a free guestbook will attract people because it is an avenue where they can share their ideas and these ideas will eventually be read by others.
Provide free forum
Forums are quite popular. People love to have conversations and forums are one of the main reasons why people visit a certain website.
These are just some of the ways on how a marketer can spread his message through the Internet. Viral marketing is a dynamic process. Every day new ways are found to create a buzz around your marketing program. You need to be on your toes, and watch for new techniques and use them when you discover them. This is how you grow your online money making business.
By the way if you want to read more on starting your online money making business, sign up on the right and get my free ebook, Make A Million Online System. It explains in detail the above ideas plus gives you many more. And if you want to check out affiliate programs, go to my website, Working For Our Future, and get into one of the three affiliate programs that I am promoting. And you’ll be off and running .
