Catch the cash on the net…in more ways than one.
Thousands of dollars in commission? Does the idea sound too good to be true? Well, it’s what people like you and me are earning these days. Thanks to the Internet. Couple of years ago, you’d probably think its gab. But if you have been online lately, you’d have come across hundreds of thousands who have earned millions on the Internet. And it’s not too difficult either. Common people like us have gone from rags to riches by using the medium to the maximum potential. If you are thinking its too late for you to start, then NO! it’s never too late to start. Although the potential of this medium is only burgeoning day by day, there are millions across the globe who have learnt the secrets of making money on the Internet. So if you have to do it, the right time is NOW.
There are various ways to break free from the shackles of a 9 to 5 job. You can now earn from the comforts of your home office in simple ways. The major income providers are:
Selling your own service
If you don’t have a service already, the most difficult part is to develop one. Now what you can develop depends entirely on your skills and budget. If the budget is pretty tight, you can still fall back on your skills. Here are a few popular Internet services:
- Web/Graphics Design
- Copywriting
- Software Development
- Marketing Consultant
- Publicist
- Search Engine Optimization/Submissions
There are lots of people across the world, who are ready to pay for your services. All you have to do is advertise your service at the right place and see people flocking to you for support.
Selling your own product
Developing your own product to market on the Internet isn’t as difficult as you may think. Everybody is good at something. You don’t have to be a Rocket Scientist in order to create your own product. Maybe you have a special talent or some specialized knowledge. Use this knowledge to create a product.
Here are a few subjects to give you some ideas for creating a product
- Recipes
- Cooking
- Sewing Tips
- Gardening
- Canning
- Makeup and Skin Care
- Weight Loss
- Self Improvement
- Health and Fitness
- Child Development
- Teenagers
- Romance
- Dating
- Relationships
- Divorce
- Single Mothers
- Single Fathers
- Teenage Mothers
- Teenage Fathers
- Home Decorating
- Home Remodeling
- Home Maintenance
- Plumbing
- Carpentry
- Small Appliance Repair
- Home Buying
- Auto Mechanics
- Auto Buying
- Home Finances
- Home Business
- Computers
- Internet
Write a small book on the subject. Or, sell your knowledge to portals that need it. Of course, it’s quite a lot of hard work. But that shouldn’t deter you. Right?
Selling someone else’s product/service
Also called as affiliate program, this is the easier way to earn cash on the net. Although it might not be as profitable as selling your own product/service, your marketing skills can surely do wonders. As an affiliate, you refer people or prospective buyers to the company you are affiliated to. When someone you referred buys, you get a commission. The catch lies in identifying a niche where you can be number 1 and selling products that are closely related to your niche.
Successful affiliate marketers have their own web sites, which they use effectively by generating ample traffic through innovative strategies. For more info on how you can make more money online, try browsing through these sites:
http://www.affiliatesdirectory.com
http://www.cj.com
If you’re serious about making money on the Net, follow this link and download your copy of our “Internet X factor” and “Internet Marketing Protégé Program” It is by far the most resourceful Internet marketing tool - and it won’t bust your budget. On top of that, it comes with an unconditional money-back guarantee so you can try it risk-free.
Selling advertising space
Once you have a web site that generates ample traffic, advertisers would pay you to display their banners on your site. This is probably one of the oldest and most hyped ways to make money. Although it might not be a great money making idea, it’s till worth a try.
Keep surfing…
If you are serious about building a huge enterprise on the net, this is not the right money making option. But if you want to make some extra bucks without investing any money or even extra time, then this is what you should be looking at. The best part of this money making option is that you don’t have to do anything extraordinary. You will be paid to surf the net, read emails, answering surveys, etc. The catch however is that you are bombarded with advertisements.
For more on this, type “getting paid to surf” into the search box at Google and hit “Enter”. Take your pick.
Are these as simple? Of course they are. Only, you need to be in the business wholeheartedly and devote enough time to make it work. Even when you drive the new generation cars, the least you are expected is to gas it up, change gears, and push the accelerator. But that’s about it. A little concentration and you can join the exclusive club of Internet millionaires.
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The article is an initiative by the author to share useful information with readers to help them in their business endeavors on day-to-day basis. You may also own highly acclaimed, wide range of Website and Internet Marketing e-books exhibited at www.ethosmediasolutions.co.uk by the author.
The article may be used without the author’s consent as long as the byline remains unchanged.
About The Author
The article is an initiative by the author to share useful information with readers to help them in their business endeavors on day-to-day basis.
www.ethosmediasolutions.co.uk
make-money-online@ethosmediasolutions.co.uk
Every single day, more and more people upload brand new websites to the Internet. I don’t have any figures but there must be hundreds of thousands of new pages being added daily (if not considerably more!)
The one thing that all of these new websites need in order to make their existence worthwhile is traffic, which leads me to one of the most common questions I am asked and the subject of this newsletter:
‘How can you generate traffic to a brand new website?’
Of course, there are a number of different answers to this question and what I would do myself is probably very different to what a completely new Internet entrepreneur would do. The reason I say this is that the first thing I do when launching a new site is make use of my existing website traffic by advertising the new site on my other established sites. In addition, I have the luxury of a large mailing list which I can use to drive traffic to the new site.
I appreciate that anyone starting out in online business won’t have these options open to them (and in fairness, neither did I when I first started), so let’s look at things from the beginning. Day one of your first website…..
It is a fact that the quickest and probably most effective way of bringing targeted traffic to your website is by paying for it. Now before you rush off and sink $50 into one of those ‘50,000 hits for $50′ schemes, DON’T, this isn’t what I mean. Those schemes are largely a complete waste of money. Even if you get the traffic that you are promised (as opposed to some software script visiting your site and pretending to be a visitor), it will not be targeted and therefore there is a very low chance that the traffic will generate sales. When I talk about buying traffic, I mean by using the pay- per-click services offered by most of the big search engines.
You probably already know the sort of thing I mean - for example, Google Adwords. Pretty much any search on Google will display a list of adverts down the right-hand side of the page and these are all paid adverts. Every time you click on one of them, the advertiser pays Google a fixed amount which could be anything from 5 cents upwards (depending upon how competitive the keyword is).
Pay-per-click allows you to be very selective about which keywords your advert is shown for and this allows you to target your advertising perfectly. Other big names in the pay-per-click market include Overture, Espotting and Findwhat.
Now, before you all start emailing me and saying that you already knew about PPC let me just say that I am well aware that people know about it. The problem (as I see it), is that people aren’t using this type of service because of the fact that they don’t want to spend any money on advertising. That’s all well and good but the fact is that the Internet is getting more and more competitive each day and the chances of you building a successful website business from scratch without investing any money are tiny to say the least.
If you want to attract a decent level of traffic to a brand new website in a short period of time, it is almost a necessity that you use pay-per-click on one of the main search engines. If you don’t, then the growth of your traffic levels will be painfully slow and inconsistent at best.
When I launched my very first websites I invested heavily in pay-per-click advertising. At one point, I was spending over $6000 a month on Google Adwords alone!!! Seriously I really was spending that much money. It was a constant battle to tweak the website sales copy and continue to test the advertisement text just to make sure that my sales were covering the advertising payments each month. At the time I was probably just about breaking even but buying traffic in this quantity meant that I was able to fine-tune my sales pages and start to build up a list of mailing list subscribers.
Once you have got to the stage where you know your sales pages are converting visitors into buyers, then you can start to gear up with other methods of getting traffic to your site - writing articles, linking strategies, viral methods (ebooks etc), using your eBay ‘About Me’ page, using your link as a signature when you post on forums etc. All of these methods will win you traffic (and in most cases it will be completely free) but it will take time for the traffic to build to a worthwhile level. If you rely solely on free traffic, you really will be building your business one hit at a time.
Of course, once the free methods of gaining traffic start to pay off, you can begin to wind down your paid methods, though you may not want to - after all, if you are earning more in sales than you are paying for your pay-per-click traffic, why stop it?
As your portfolio of websites grows, you will also be able to share the traffic around a bit by linking to your own sites and of course, if you are capturing your visitors email addresses, you will be building a mailing list of people interested in the products you are offering.
Like I say, I appreciate that the above may not be the ground-breaking secret that you were hoping for but as with so many things online, there really is no secret. Achieving success is simply about taking action and whilst you can succeed online by spending very little money, the chances are that you will succeed a lot quicker by making a bit of an investment. You don’t have to be spending thousands of dollars a month as I was but any new business owner should be prepared to invest a few hundred dollars a month in order to get things off the ground….
Copyright 2005 Richard Grady
About The Author
Richard Grady has been helping ordinary people earn online since 1998. He writes a free newsletter which is published every two weeks. To subscribe (and claim your free gifts), visit: http://www.thetraderonline.com/newsletter.html.
Rock solid teaching [sound doctrine] from the Holy Spirit, with such topics as: “Who is God??”, “A new fact about Jesus Christ”, “Sunset in the Garden of Eden”, “LOVE is the Real Thing”, “What’s wrong with the human race? A remedy!!”, “The useless War of the Sexes”, “Who’s the guide, the Holy Spirit or us??”, “Water baptism is NOT from God anymore!”, “Tongues passed away”, “3 ‘cults’”, “True Spirituality”, “The reason for Faith”, “Why fight over the 10 Commandments?”, “The Roots of the Middle East”, “SUICIDE VACCINE & The Keeper of the Flame”, “1st Class on the TITANIC”, “The Declartion of RE-Independence” and other essays & monographs can be found on—>
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http://www.bev.net/users/homepages/JamesSorrell Best regards, Captain
ABOUT THE AUTHOR
Teacher: Keeper of the Flame [”gift of teaching” from the Holy Spirit, which means “a defender of the truth of sound doctrine”, in a time when it is prophesied that most people “won’t stand sound doctrine, just wanting their ears tickled”, or only wanting to hear stuff that doesn’t require the sacrifice of materialism, or persecution for Christ’s sake!
Using Jewelry as a means of creating revenue should not be overlooked by any serious-online-entrepreneur. Why? Read on…
I am often asked why I got into the jewelry industry. Easy answer to that one… “Do you know a poor Goldsmith”?
Seriously though, the onset of e-commerce revolutionized the trading of precious stones, gold, and most of the other raw materials that are combined to produce jewelry. To a large extent pricing was previously controlled by diamond merchants like De Beers and retailing by jewelry chain stores charging top-dollar for a mediocre product. Online trading changed all that. Mining companies found that they could deal with manufacturers directly and luxury jewelry became more accessible. What didn’t change was the consumers’ perception of the value of high-end jewelry.
Unless you are into silicone chips, there is no other item I can think of that offers such a high level of turnover in relation to the size of the item*, as jewelry. This potentially means a very profitable product that it is easy to handle, you don’t need huge storage facilities or complex packaging systems. If you want to, you can set up a multi-national empire in a one bedroom apartment.
If you “buy clever” (which I hope you will, after reading this) you will be able to store a months inventory in a small to medium sized safe. Added to that, very little can go wrong with say, a diamond ring after it is sold and warranty claims are therefore minimal.
So what do I mean by “buy clever”? Well, as a rule of thumb, your buying price for any item should be no more than a tenth of the market price.
e.g. After researching the market you find that the average sale price for a 10K gold ring is $100.00. You then need to find a source that sells something similar for $10.00.
Can it be done? Yes. Are there sources online that offer a 900% lift? Yes. Where do I find them? Sorry but I can’t divulge that
information, it’s down to you to do the research but I assure you they are there and can be found online.
The above points, added to the quite phenomenal margins attached to jewelry, make this product group a very interesting and viable proposition.
In the meantime, here is a snippet of information to consider. A relatively expensive item of jewelry for a small local jeweler would be in the region of $20,000.00, the production cost for that very same item is around $500.00. I am not saying that you are likely to earn $19,500.00 on single items but this does illustrate the potential.
*The “en tremblant” flower brooch by Bulgari, 1958, which achieved $1.1 million (1998) in auction at Christies, is an extreme but good example, further examples can be found on the Christie’s web site.
About the Author:
Steve Blanchard established Jewelrysearch in 1991. Jewelrysearch is a market research company specializing in the Jewelry industry. Visit their web site http://watches-n-jewelry.com for more information on the Jewelry industry and in particular online jewelry stores.
12 months ago I took my confidence coaching business - Confidence Club - online, to help a broader distribution of people and to spread the message that ordinary people can achieve enhanced self confidence - and deserve to do so.
So this has been a learning experience for me - an opportunity to find out just how effective Web marketing is, what works and what does not work. I’ve been a little shocked to see so many hucksters operating in this space, and saddened to realise that some of them may be successful.
What follow are some of my observations. Feel free to disagree, or to challenge these. As time passes, they will inevitably lose currency anyway - that’s just the nature of the beast.
1. The Web is incredibly dispersed. Marketeers like to talk about “the long tail”, by which they mean all the products which sell in modest numbers on the Web but would never be stocked by conventional shops because they just aren’t bestsellers. A handful of magnet sites like Amazon, Google or Ebay can attract hundreds of millions of visitors, but there are literally billions of sites out there - more Web pages than people on the planet - and the vast majority of these attract few if any real visitors. The real long tail is this mass of largely unseen websites.
2. Good ideas decay rapidly. For example, there probably was a time when affiliate marketing made sense, and generated good returns. I’m sure some affiliate marketers are making great money even now. But the dispersed nature of the Web makes it very hard to grab a significant proportion of the available viewers. The idea has gone mainstream and lost some of its power. This seems to be a characteristic of Web marketing. (Incidentally, a useful clue to identify any unsuccessful business model on the Web is the volume of spammy sites claiming to sell the secrets of success in that field. It seems that when enough people have failed in a particular business model they become prey for the ‘gurus’ who are willing to sell the secrets of their vast wealth for $12)
3. The powerful handful of magnet sites distort the market, and then have to change their model to accommodate the response from hopeful marketers. Google Adsense is an example of this. Adsense ads pay webmasters a proportion of their advertising revenue, on a pay per click basis. So sites have sprung up with hundreds or thousands of pages of ‘content’ - any old rubbish will do - to try and optimise for Adsense. Of course, some of the content is high quality, but we have seen a glut of megasites recently, fostered in part by changes to Google’s search algorithms which apparently favour sites with 100+ pages (at least for now).
4. Barriers to entry are increasing. There was a time when the Web seemed empty, and every new site had a chance. You could throw together a lovely 5 page site, optimise for search engines, and perhaps you’d have a hit. As the money being poured into the Web from real people increases, so Web service providers are becoming more professional. This growing wave of professionalism, coupled with established, large sites which dominate the userbase, means that lone operators (Mom and Pop sites) are increasingly unlikely to be found by most visitors. This is a great shame - one of the lovely aspects of the Web has always been the way that it favours intellectual capital over money. Good ideas count for something on the Web; as barriers to entry increase, this statement will begin to sound hollow.
5. You won’t become a rock star, Minnie Driver isn’t calling round for tea and you won’t be number 1 on Google. Well, you might, if your chosen search term is your company name, or a meaningless phrase. To gather meaningful traffic from Google and other search engines means spending money on pay per click or other forms of advertising, which in turn makes the Web look more conventional by the day. It also enables the big players to consolidate their positions.
What does all this mean? Of course, fortune will always favour the brave - the early adopter, the inventor, the developer of a new twist or angle. I’m one of 6 children, and the phrase “first up, best dressed” means a lot to me. It’s a principle which still applies in the Web world. The source of this article - EzineArticles.com - is a great example. By no means the only such service available, this one is professional, efficient and understands the needs of contributors. All good stuff.
However, I suspect that the key factor is simply speed to market - they have achieved critical mass early, and have therefore become the biggest kid on their particular block. Good luck to them. (What this service also does is it closes the loop; webmasters want a link to their sites without paying for it (except through some effort), ezine webmasters want free content (so they can have thousands of pages carrying advertising) and EzineArticles.com gets thousands of links, hundreds of thousands of pages of content and that coveted number 1 position. Everybody involved feels like a winner).
What does 2006 hold? I sense that mediated collaboration will become highly significant in the next few years. Small sites already collaborate in a modest way, through link exchanges, but these also suffer from the dispersed nature of the Web - a link to/from a site with hundreds of daily visitors will do very little, on its own. Grow that community of links and the pool of possible visitors grows - but so does the pool of possible destinations for them.
So small sites need to collaborate more intelligently to gather some of the advantages of megasites. In particular, sites which pay good money to attract visitors don’t want to lose those visitors blindly to every other Web site out there. The “least bad” scenario may be that a visitor clicks off your site onto a partner site, and stays within a network or family of non-competitive but complementary sites for a reasonable period of time. This makes particular sense if all of the sites in the network are paying to attract visitors - through Google Adwords, for example. There are many possible variations on this theme, and my prediction for 2006 is that “mediated collaboration” services - to make this possible and efficient for small website owners - will spring up to enable the small guys to band together and be seen. I certainly hope that somebody will develop a mechanism which favours high quality sites over the mass of voluminous garbage we’ve seen spring up in the past year.
Whatever your views, I would love to hear them. You can contact me via the Confidence Club website - details below.
Jim Sullivan is a hypnotherapist and confidence coach. He may be contacted via the Confidence Club website =>http://www.confidenceclub.net