February 2, 2012

Making Money Before You Even Have a Product

Waiting until you have a product of your own to make money online means you’re missing out on a lot of potential profit that you could be making while you get your own products ready.

You don’t want to waste the opportunity. First, create a plan or a map of how much money you’d like to earn online and then take the steps to fulfill that plan. If you don’t have a plan or a marketing strategy to use to make money, then you won’t be as successful.

You don’t always have to go with what you know when you want to make money as an online entrepreneur. Pick a market or a niche than interests you. If it interests you, it’ll show through your efforts, and you can promote as an affiliate.

If you can write, you can earn money writing for other online businesses or marketers while you’re building your own products. You can write blogs, reports, articles and even eBooks. And other service jobs are out there too – like building backlinks for marketers, creating blogs and more.

If you can’t write or are not comfortable with it, then teach. Set up a teaching website sharing information about whatever you’re knowledgeable in and charge for lessons or online classes – ad do them via video.

Create a how-to workshop. There are many people who want to learn from the comfort of their own homes. Just make a list of the topics you know and pick a few of those to expand. Create a lesson plan, put up a site (you can even use free ones) and announce your site through free press releases, forums or blogs.

You can also let your site be used by marketers who are already making money. Sell them some advertising space on your site and promote their products. You want to make sure that what they’re offering is legitimate – because if it’s not and people get upset, you’ll get tainted with the same brush simply by association.

You can also create a site and promote the products that Amazon or other retailers sell via a link on your site. You’ll earn commission based on the products that people buy. You might start out with small amounts of money, but it will grow and it’s a fairly easy way to make money online.

This is known as affiliate marketing of tangible items. You can also check out marketplaces such as Clickbank and PayDotCom for digital download products to promote.

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Defining What It Means to Be an Internet Marketer

internet marketer

There’s no PhD you can strive for to be in the Internet marketing industry. You have to learn as you go – on your own – soaking up information along the way.  The first thing you need to know is what it means to be an Internet marketer, because it isn’t always clear to everyone.

Let’s start with what Internet marketing is not.  It’s not being a con artist. It’s not being a spam king.  It doesn’t just mean selling on eBay or having your own website and products.

In reality, Internet marketers can pick and choose from a whole host of options available to help them make money.  Your opportunities are virtually endless, and include one or more of the following:

  • Selling digital downloads (information products like eBooks)
  • Promoting other people’s products for a commission (affiliate marketing)
  • Selling on eBay or other auction sites
  • Running a membership site
  • Selling your online services (writing, graphics, etc.)
  • Owning a website that sells dropshipped or wholesale items

And this is just the tip of the iceberg.  Being a newcomer to Internet marketing, you might be worried that you don’t have anything to sell.  That’s okay – most people don’t start out with anything, and you never have t stock a tangible inventory if you don’t want to.

Internet marketing creates no gender or age boundaries for you.  There are teenagers who have launched multi-million dollar companies as budding Internet marketers whose ideas sprung to life and catapulted them to instant success.

You don’t have to do anything unethical or shady to succeed at Internet marketing, and in fact, launching a respectable business with a solid reputation is the secret ingredient that will allow you to hatch an empire on the ‘net to fulfill all of your dreams and those of your family.

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Multiple Income Streams for your Blog

Multiple Income Sources

I thought I’d list out some income sources for you today, since that is likely why many of you read my blog and it never hurts to open yourself up to potential money that is being left on the table simply because you never knew it existed in the first place. I’ll list them out, and give you a brief description, and let you decide if any of them are right for you or your blog.

I’m a firm believer in the multiple streams of income plan, and continue to grow existing streams as well as keep my eye open for new and profitable one’s that I might come across. I also have to replace some from time to time, which is why it’s a good idea to be as diverse as possible and have anywhere from 6 to 20 or more income streams.

Google AdSense:
Google single handedly brought the internet marketing world back from the brink of death. After the dot com bubble burst, things were looking pretty grim until Google introduced the AdSense and AdWords programs. This is the first place new site owners should look to in order to start making money with their sites.  If your site received three or four hundred visitors a day, this can easily translate into $50.00 – $200.00 a month depending on your CTR (click through rate).

Clickbank Affiliate:
Whether you’re new or old to Internet Marketing, you’ve probably heard about affiliate marketing, and for good reason. It allows you to start selling products immediately even though you don’t have a product of your own. And the best part is you can pick and choose the absolute best products in your industry to promote to your visitors.

Clickbank Vendor:
Creating your own product does a lot to setting you apart from the typical internet marketer, and also allows you to show your expertise and commitment to excellence. You should take the time to produce a high quality product, and then try and maximize the launch to get the maximum possible effect. Having 500 affiliates selling a $197.00 dollar product for you can be a pretty nice payday even if you offer them a 65% commission. Even if only 10% of those 500 affiliates promoting your product produces 1 sale a month that works out to almost $3500.00 in your account each month not including any sales you might happen to make yourself.

Advertising Banners:
Yesterday’s post Attracting Advertisers to you Blog discussed methods used to try and attract advertisers to your blog, and because most advertising contracts run month to month, this can be a dependable source of extra income. If your selling 10 banner spots throughout your site for an average of $50.00 per month that works out to an extra $500.00 a month. Even if your site isn’t at the level where you feel comfortable charging that much and are sitting at $20.00, or $30.00 a month it is nice to have coming in and gives you something to look forward to as you grow your blog and your traffic.

Email Marketing:
I’ve talked before about the importance of building your list from the very start and there is a reason for it. The average subscriber on a typical list is worth about $10.00 or $12.00 per year. This might not seem like a lot, but after a year or so, you’ll be looking at a few thousand (or more) subscribers. And if you take the time to build a relationship with them, rather than just try marketing to them, you’ll enjoy a nice stream of income from this source as well. I don’t just send my list offers, I send them quality blog posts like this one once a week, and if something of value comes along I will send it out, and mixed in I will include an offer or two, and because these people are getting value from me, and understand that this is also my business, they don’t mind receiving an offer from me once in a while. Most are only happy to make a purchase through my affiliate link as a way of saying thanks. My Email marketing company is Aweber, click here to get started!

EBook Sales:
Like producing your own product to sell, eBooks are another great way to earn money while also setting yourself up as the expert in your niche. I mean after all, if I read your book on Domain Flipping, and come away thinking wow, this guy/girl really knows his stuff, chances are I just might become a reader of your blog, and later on when you make a recommendation on a product related to your industry I’ll remember that you are quite knowledgeable on your topics, and also that you took the time to provide me and others with great content through your site, and I’ll be happy to buy through your link.

Affiliate Networks:
Aside from Clickbank, there are a ton of other great affiliate networks that allow you to sell products that interest you, or are relevant to your blog. If you’ve got a blog that talks about all  the latest and greatest video games, then it might be a good fit for you to sell merchandise that relates to your theme, video game consoles, video games, add-on’s, controllers, etc. Pepperjam, Azoogleads (now Epic Direct), Commission Junction are but just a few you might want to check out, and apply with.

CPA Networks:
CPA (Cost per Action) networks are slightly different in that they will pay you for visitors who take a certain action, like signing up for an offer, submitting their email address, or making a purchase. CPA can be a great additional source of extra income.

Review Me:
Review me is a site that allows bloggers to get paid for reviewing certain products or services.  Basically an advertiser looks to see which blogs within the network would fit his particular product or service, and then will request a review; if you qualify you can accept it, and then review the product or service and get paid for it. It’s a great way to earn money by doing a service for both your readers (informing them of the pros and cons of a product they might be interested in, but also gives some important insight to the company so they can adjust or tweak the product if there is an area that comes up lacking. www.reviewme.com

Misc. Affiliate Offers:
There are thousands of companies out there that have affiliate programs that you can take part in. Just because they don’t belong to an affiliate network, doesn’t mean they don’t have a high quality product.
If you find that your using a product and loving it, why not write a post on your blog about it, and why it’s so great? If the product has an affiliate program include your link at the bottom, and tell your readers that “Hey, this is my affiliate link! If you end up purchasing it and buy through it I get paid a commission. If for some reason you don’t to use my link, here is one without”
People will appreciate that you shared the fact it was an affiliate link, and if they are in the market for that particular product most will be more than happy to purchase through you, especially since you took the time to review the product for them, saving them the time and trouble of doing it themselves.

Amazon AStore:
I recently added a bookstore to my site that I filled with internet marketing and business books. I thought this would be something my readers would benefit by, because if your anything like me your bookshelf is filled with books related to your passions. Now, while a reader is visiting my internet marketing site, if they see a book on the subject they can pick it up right from within my pages, and I’ll make a small commission from it. (4% currently which isn’t much, but is one more source of income)
You can fill your store with anything that Amazon sells in their marketplace; it doesn’t have to be just books!

Twitter:
Twitter marketing is getting more and more popular these days. Unfortunately it is also filling up quickly with spammers, but you can still take part in Twitter marketing without spamming, you might simply be selling sponsored tweets to companies related to your topic. There are places like Sponsored Tweets that you can sign up for that will send you related offers that you can then choose to accept and tweet, or decline if you don’t feel your followers would benefit.

Facebook:
Facebook marketing is even bigger than Twitter, and grows each day. There are 517,760,460 users on Facebook and is probably the largest market on the planet. If you haven’t already started a Facebook campaign, I’d highly recommend you take a look into it, and start developing your income stream. A great training course Is Facebook Marketing Uncovered and currently sells for $47.00 and comes with 28 video’s walking you through the entire process step by step.
www.fbmarketinguncovered.com

So there you have a few income streams to help you start making money online, if you have any questions please feel free to leave a comment and I’ll get back to you as soon as I see it!
Thanks for stopping by, and have a productive day!
Warren

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How to Profit with eBooks

make money with ebooksThere are lots of ways to make money from home over the internet, and depending on your unique set of skills, different doors will be open to you. That said, regardless of your particular skill set, if you can write clearly and quickly, then you can make money from writing about what you know. This comes in the form of ebooks, a sort of online document that can be purchased and downloaded electronically. Ebooks can come in all shapes and sizes, from fiction to how-to guides to independent research. Here, we’ll go over how you can combine your writing abilities with your personal knowledge to create eBooks, as well as how you can profit from them.

Ebooks are, essentially, the digital version of a conventional book. They have several unique advantages and disadvantages that make them more or less suitable for particular tasks. One of the major advantages is that, because they are contained in a digital format, they can be placed online and thus be made available to hundreds of millions of people. Their digital format also makes them quite easy to store, and they can be translated with relative ease. Ebooks are also significantly cheaper than actual books, and the distribution itself is free or very cheap.

Taking advantage of these benefits allows you to create a document that can be sold to and read by a huge audience. Suppose you write a one-hundred page ebook on kayaking: how to keep them maintained, proper technique for rivers and oceans, interesting places to kayak, and so forth. By properly using internet marketing to promote the ebook (blogging about it, etc.), you can make it available to a significantly larger audience than if you were to create a real world document. By charging a fee for downloading the ebook, you can make a significant amount of money in a relatively short time.

Suppose you charge three dollars for a download, compared to paperback costs of between five and fifteen. This makes buying the book an easy decision for most consumers, as three dollars is pocket change to most people. However, because the exposure of the book can be so wide, and because selling a book costs you literally nothing (no publishing cost, no materials, etc.), you make all three dollars on each purchase. This means that after only three hundred downloads of your book, you’ve made almost a thousand dollars, and kept it all!

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SEO Tips

SEO Tips

Search engine optimization, also known as SEO, is an important aspect of internet marketing and is crucial for virtually every website that wants to bring in more traffic. Whether you make money blogging and want to increase your readership, or run an e-business and want to attract more potential customers, search engine optimization should play a large role in your ability to do so. Here, we’ll go over a few simple tips that you can use to boost your search engine ranking, as well a little bit about how search engine optimization works.

Search engine optimization relies upon and takes advantage of the way in which search engines compile databases of websites. Whenever a user inputs a query in the form of key words or phrases, the search engine “crawls” the web looking for matches for those key words. After the search engine has a list of websites it thinks fit what the user is looking for, it compiles them into a results page. A number of different factors go into determining the resulting “rank” (how early in the results page a site appears) of the various websites, and using these factors to your advantage is a key aspect of SEO.

There are two different types of SEO: black hat and white hat. Black hat optimization uses deceitful or dishonest methods such as cloaking, hidden text, and unauthorized redirection to trick search engines and users alike, and should be avoided. In fact, search engines that catch sites using black hat SEO typically ban them from their results pages. White hat SEO relies on the creation of high quality content that users will want to read or watch, and thus the best way to optimize your website (and also the simplest) is to create content for it.

Including particular key words or phrases that relate to your products or services can increase your search engine rank for those same words. For example, an e-business that sells e-books might create a business blog and write some articles on the benefits of “cheap e-books,” or mention how they have a large “e-book library.” There are plenty of tools you can use to determine which key phrases will help you the most. Search engine optimization is a useful tool for drawing in large numbers of users to your site, and if your e-business or blog relies on readers and users to generate income, you should take advantage of SEO as soon as you can.

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Private Label Rights – Online Marketing with PLR

PLR and Online MarketingThe emergence and explosion of online marketing has lead to several unique types of strategies, and one that is popular among a variety of marketing styles is known as private label rights, or PLR. PLR content is provided under a type of license that allows the party purchasing said content to edit it to suit their particular needs and then reuse or even resell it. PLR content provides a number of unique advantages that make it excellent for particular marketing strategies, and is used as both a product and as a marketing tool. Here, we will go over some of the different aspects of using PLR content, as well as how it can help your business succeed.

Private label rights licensed content is a highly versatile form of online content that be presented as text, video, or even interactive media. The ability of the party purchasing this content to tweak it to their desire makes it easy to use in virtually any marketing context. While some vendors place restrictions on the way in which their content can be used, or how it can be edited, this is primarily to ensure that their PLR content does not drop rapidly in value. That said, there are plenty of PLR content vendors that can provide the content you need if a particular vendor does not meet your expectations.

Private label rights content is often used as a marketing tool, particularly in affiliate marketing designs. For example, an affiliate that redirects customers to ebooks might offer a PLR licensed sample of a few pages from one of the ebooks, with an affiliate link afterwards. This content provides the customer with a sort of teaser, and increases the chance of their actually buying the product after following the link. PLR content might also be used to provide a site with search engine optimization in their particular field, and even to provide users with information while browsing the site.

Due to its high level of versatility and effectiveness, private label rights content is an excellent tool for internet marketers. The nature of online marketing demands that business owners and promoters constantly shift their tactics in order to stay ahead, and the fast pace ensures that things change at a rapid speed. Keeping up in the online market is often a matter of using the right tools in the right way, and PLR content allows you to do so.

Need PLR Content?

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How to Get the Most Out of PLR – Get More Than Your Money’s Worth

mouse and dollar signIf you are involved in any sort of affiliate marketing, then you are probably familiar with the concept of private label rights, or PLR. If you’re not, you should become familiar with the concept as soon as possible. Private label rights are one of the most efficient tools for internet marketing in particular, as it provides you with solid sales copy with a minimum of effort. This sort of sales copy has already been proven successful in other venues, so there’s no reason that it shouldn’t be successful for you as well. If you handle it right, a single article or eBook can go a long way for you.

When it comes to PLR, don’t be afraid to repackage. Just because the item came to you in a certain format, such as an article or an eBook, doesn’t mean that you can’t turn it into a series of blog posts or even a video slideshow set to music for a multimedia experience. You can reformat the material in whatever reincarnations you can think of. And don’t be shy about rewriting certain parts, too, and keeping each project unique. If you’re working in affiliate marketing, you can get a lot of mileage out of one article.

But while you should feel free to edit as you please, remember that it’s really not worth your while to spend too much time revising material. The reason you bought PLR in the first place is probably so that you didn’t have to go to the trouble of writing the material yourself. While a little editing can go a long way with an article or eBook, if you’re spending more time editing the material than the original writer spent on creating it in the first place, then you’d be better of writing it from scratch on your own. If you’re in the affiliate business, your main priority should be on recruiting new affiliates, not on rewriting sales copy.

And, finally, don’t be afraid of multimedia. People living in the age of information know that reading isn’t their only option for learning about new opportunities. Some of the most popular affiliate networks now do the majority of their recruiting with video e-courses instead of the traditional information sessions or booklets. The beauty of PLR is that you can repackage it in any format you choose. The only limit is your imagination. So get the best out of your material and don’t be afraid to get creative.

Looking for an affordable PLR collection? Click here for more information!

Using PLR to Make Money – What are Private Label Rights?

private label rights profit

There are many internet marketing models that are designed to yield a maximum profit for a minimum of effort. One of the best of these is PLR. Private label rights give you the right to purchase material written by someone else and then do whatever you want with it. You can rewrite it, use it, or even sell it to someone else once you’ve purchased the rights to that material. The possibilities for making money with private label rights is only limited by your imagination and ability to see the big picture of what this concept can do for you.

You can buy private label rights anywhere, but the easiest place to find good PLR is online. There are a variety of sellers online peddling everything from sales copy to internet marketing materials to eBooks and reports. It’s up to you what kind of material you want to buy. Just make sure that you can see possibilities for using the material that you purchase. You want to make sure to buy something that’s well-written so that you don’t have to spend too much time doctoring it up to make it presentable. Once you have it to your liking, you can use it as many times and in as many formats as you can imagine.

You can edit the content to make it unique. You can reformat an eBook as a series of blog posts. You can turn your PLR into a step-by-step instructional e-course. You can even put it on a slideshow and set it to music for a multimedia experience. You just want to be able to package it in different ways so that you can get as much out of it as you can. You can resell it in as many different formats as you like or, if you prefer, you can use it for your own internet marketing and use it to promote yourself.

Remember that the PLR street goes both ways. You can buy PLR and resell it. Or, if you have the talent, you can write your own original PLR and sell that to others as well. The possibilities for you to create original material are endless. And since online businesses are constantly on the lookout for new private label rights, there’s no end to the demand for your services. Once you’ve modified a few different sources, you should have a good feel for how to create your own original material. With the right internet marketing, you could be the next big name in private label rights.

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