There are many different ways to advertise your business on the Internet. Placing banner ads, orchestrating an email marketing campaign and tactfully mentioning your business on industry related forums and message boards are just a few of the popular options for Internet marketing. Another Internet marketing strategy involves creating and advertising a website to promote your business. You can use your website in a number of ways. Some of these ways include providing more information about your business and the products or services you offer, letting potential customers know how to reach you and even selling your products and services via the website. This article will highlight the advantages of using a website to market your business and will outline some of the ways the website can be useful.
One great advantage to using a website to market your business on the Internet is that you can place descriptions and photos of the products or services your business offers. This is important because many consumers use the Internet when researching products and services. Having an online presence gives your business an advantage over the competition because consumers are much more likely to select your products or services over the products and services offered by your competitors who do not advertise online.
Another advantage to marketing your business on a website is you can use the website to not only market but also sell your products directly. Again this can give you an edge over the direct competition. Consumers who use the Internet to research products and services are often very anxious to make their purchases and they would be more inclined to select a retailer or service providers who offer the opportunity to purchase products or services online over a retailer or service provider who only allows for purchase in a store or via phone.
Still another advantage to using a website to market your business is the ability to reach a large, worldwide audience. The Internet essentially knows no boundaries and advertising on a website means the business owner can reach competitors around the world instead of being limited to their general location. Advertising via other medium such as television, radio and the print media is somewhat limited and may only reach potential customers in a relatively small geographic area.
Another advantage to using a website to market your business is the Internet is available 24 hours a day around the world. This essentially offers you a storefront which is open 24 hours a day. While your competitors may be limited to their regular business hours, your website will enable you to reach your customers at any hour of the day. This is especially important for reaching potential customers in other time zones and for reach customers in your own area who are simply too busy to shop for products or services like the ones you offer during regular business hours. Many potential customers work long hours and appreciate the ability to research and shop online after hours.
One final advantage to using a website to market your business is you can actually generate a profit from your website in other ways than through sales to customers. You can also use your website to generate income by selling advertising space to other business owners who are marketing their own products and services on the Internet. However, care should be taken when advertising on your website. First of all you should not sell advertising space to direct competitors. This is important because this may cause you to lose potential business if potential customers opt to purchase product or services from competitors who advertise on your website. An ideal advertiser is one who offers products and services which do not directly compete with your own products or services but would be of interest to your potential customers. You should also take care not to place too many advertisements on your website. This is important because too many advertisements may detract from your business and may cause you to lose potential customers.
Saturday, December 27, 2008
Saturday, December 20, 2008
Marketing Your Business Online
If you are not already marketing your business online, it is time to start. Although there are a few exceptions, just about every business can benefit from online marketing. There are just so many advantages to this type of marketing. First of all, it is extremely affordable to market your business online. Other advantages to marketing your business online include the ability to reach a large target audience, the ability to reach potential customers all over the world and the ability to customize the marketing for different sectors of the target audience.
The affordability of Internet marketing is one of many reasons why many business owners are turning to the Internet for advertising. Advertising online is incredibly affordable especially when you consider how many potential customers a business owner can reach with an online marketing campaign. Most methods of online advertising are quite affordable and some of them do not have any direct costs. For example, you may choose to market your business online by participating in industry forums and posting links to your website whenever it is appropriate to do so. In this case the cost of creating and maintaining the website is insignificant in comparison to the number of potential clients you could reach through online marketing. Additionally, the costs associated with posting links to your website are incidental. You could consider the cost of having access to the Internet as part of the cost but you most likely require Internet access for other reasons as well so it is completely worthwhile.
Reaching a large target audience is another very worthwhile reason for marketing your business online. You may have spent a great deal of time and energy doing market research and determine who your target audience is. You may have also spent a great deal of time trying to figure out the best way to reach this audience. This is a very sound marketing principle but as it applies to marketing on local television, radio and print media it only allows you to reach a limited audience. However, when you take your marketing to the Internet you automatically drastically increase your potential target audience because you now have the ability to reach members of your target audience around the world.
This ability to reach customers around the world is another major advantage to marketing your business online. Regardless of where you live and operate your business, you have the ability to reach those who have an interest in the products you sell or the services you provide no matter where they live. This makes it possible for you to do business with customers around the world.
Likewise the fact that the Internet is available 24 hours a day is also very beneficial to those who choose to market their products or services online. Shopping for products and services in person can be very difficult especially for individuals who work long hours or those who work unusual hours. These working conditions make it difficult for these individuals to do business and make purchases of products and services they need during regular business hours. However, business owners who have an online presence are much more convenient because unlike stores and calling centers, the website never closes. This convenience gives potential customers the ability to view products and services, compare these products and service to the ones offered by competitors and make a purchase at any hour of any day.
If you are a business owner who is reading this article and you do not already have a strong online presence, you need to immediately start learning more about the world of Internet marketing. This is so important because if your competitors are marketing online, you may find they are gaining a steady advantage and are becoming more appealing to potential customers. Before too many of your potential customers become loyal customers of the competition it is time to start figuring out how you can market your business online and keep up with the competition.
The affordability of Internet marketing is one of many reasons why many business owners are turning to the Internet for advertising. Advertising online is incredibly affordable especially when you consider how many potential customers a business owner can reach with an online marketing campaign. Most methods of online advertising are quite affordable and some of them do not have any direct costs. For example, you may choose to market your business online by participating in industry forums and posting links to your website whenever it is appropriate to do so. In this case the cost of creating and maintaining the website is insignificant in comparison to the number of potential clients you could reach through online marketing. Additionally, the costs associated with posting links to your website are incidental. You could consider the cost of having access to the Internet as part of the cost but you most likely require Internet access for other reasons as well so it is completely worthwhile.
Reaching a large target audience is another very worthwhile reason for marketing your business online. You may have spent a great deal of time and energy doing market research and determine who your target audience is. You may have also spent a great deal of time trying to figure out the best way to reach this audience. This is a very sound marketing principle but as it applies to marketing on local television, radio and print media it only allows you to reach a limited audience. However, when you take your marketing to the Internet you automatically drastically increase your potential target audience because you now have the ability to reach members of your target audience around the world.
This ability to reach customers around the world is another major advantage to marketing your business online. Regardless of where you live and operate your business, you have the ability to reach those who have an interest in the products you sell or the services you provide no matter where they live. This makes it possible for you to do business with customers around the world.
Likewise the fact that the Internet is available 24 hours a day is also very beneficial to those who choose to market their products or services online. Shopping for products and services in person can be very difficult especially for individuals who work long hours or those who work unusual hours. These working conditions make it difficult for these individuals to do business and make purchases of products and services they need during regular business hours. However, business owners who have an online presence are much more convenient because unlike stores and calling centers, the website never closes. This convenience gives potential customers the ability to view products and services, compare these products and service to the ones offered by competitors and make a purchase at any hour of any day.
If you are a business owner who is reading this article and you do not already have a strong online presence, you need to immediately start learning more about the world of Internet marketing. This is so important because if your competitors are marketing online, you may find they are gaining a steady advantage and are becoming more appealing to potential customers. Before too many of your potential customers become loyal customers of the competition it is time to start figuring out how you can market your business online and keep up with the competition.
Saturday, December 13, 2008
Learning about Internet Marketing
Internet marketing is not overly complicated but it is also not a process in which anyone can excel without making attempts to learn more about the subject. Business owners who do not know a great deal about Internet marketing but who wish to implement Internet marketing into their overall marketing strategy should carefully study the basic principles of Internet marketing before launching their online marketing campaign. Fortunately for these business owners there are a variety of options for learning about Internet marketing. These options may include online research, reading published books and studying successful Internet marketing campaigns.
Researching Internet marketing online is one method which can be used for learning more about this topic. This type of research can be very informative and can provide the business owner with a great deal of advice and other information. However, it can also provide the business owner with a great deal of misinformation. When researching any subject online it is very important to note that not all of the information available online is accurate. This may be due to a variety of factors including content which is written by those who do not have a great deal of knowledge about the subject matter as well as content which was written years ago and is outdated. This can be frustrating but fortunately business owners can still learn from the Internet. This just means they should be more cautious about accepting information as being accurate and may wish to verify the information they obtain before implementing an Internet marketing strategy.
Published books are another valuable resource for learning more about Internet marketing. There are a variety of books available which focus on this subject and provide a wealth of useful information. When selecting a book for use as research material it is important to seek out a book which received independent reviews which were positive. It is also important to seek out books which were published recently. This is important because the Internet marketing industry is evolving continuously and a book that was published only a few years ago may be outdated and may lack information on some of the new developments in the industry. The appeal of using published books to learn about Internet marketing is you can keep the books on hand for easy reference when you launch your Internet marketing campaign.
Finally business owners can learn a great deal about Internet marketing simply by studying successful Internet marketing campaigns. Try the Internet marketing blog at www.jeremyburns.com/blog for some great starter tipe. If your business offers products and services in a particular niche consider entering relevant terms in popular search engines and studying the websites of some of the highest ranking businesses. This can provide you with a great deal of insight into what these business owners are doing which may be contributing to their success. Examining everything from their website design to their search engine optimization strategies and even the content on their website can help you to determine why they are more successful than you. You should also consider how they are marketing their website which may include banner ads, affiliate marketing programs or other types of advertising. Armed with this information you can take the opportunity to implement changes to your own website and marketing strategy which may help you to gain a greater degree of success. Care should be taken to not copy anything directly from your competitors but to rather try to emulate their degree of success in your own way.
Researching Internet marketing online is one method which can be used for learning more about this topic. This type of research can be very informative and can provide the business owner with a great deal of advice and other information. However, it can also provide the business owner with a great deal of misinformation. When researching any subject online it is very important to note that not all of the information available online is accurate. This may be due to a variety of factors including content which is written by those who do not have a great deal of knowledge about the subject matter as well as content which was written years ago and is outdated. This can be frustrating but fortunately business owners can still learn from the Internet. This just means they should be more cautious about accepting information as being accurate and may wish to verify the information they obtain before implementing an Internet marketing strategy.
Published books are another valuable resource for learning more about Internet marketing. There are a variety of books available which focus on this subject and provide a wealth of useful information. When selecting a book for use as research material it is important to seek out a book which received independent reviews which were positive. It is also important to seek out books which were published recently. This is important because the Internet marketing industry is evolving continuously and a book that was published only a few years ago may be outdated and may lack information on some of the new developments in the industry. The appeal of using published books to learn about Internet marketing is you can keep the books on hand for easy reference when you launch your Internet marketing campaign.
Finally business owners can learn a great deal about Internet marketing simply by studying successful Internet marketing campaigns. Try the Internet marketing blog at www.jeremyburns.com/blog for some great starter tipe. If your business offers products and services in a particular niche consider entering relevant terms in popular search engines and studying the websites of some of the highest ranking businesses. This can provide you with a great deal of insight into what these business owners are doing which may be contributing to their success. Examining everything from their website design to their search engine optimization strategies and even the content on their website can help you to determine why they are more successful than you. You should also consider how they are marketing their website which may include banner ads, affiliate marketing programs or other types of advertising. Armed with this information you can take the opportunity to implement changes to your own website and marketing strategy which may help you to gain a greater degree of success. Care should be taken to not copy anything directly from your competitors but to rather try to emulate their degree of success in your own way.
Sunday, December 7, 2008
Managing Your List: Paid List Servers vs. Free List Servers
This week we will be discussing how to manage your email lists. It can be a big job but we’ll discuss how you can get a handle on it with minimal fuss.
As you build up your subscriber list, you’re going to find yourself with a problem. Whichever mail program you’re using, whether it’s Outlook or Eudora or something else, it’s just not going to be set up to deal with the kind of mass mailing involved with newsletters.
If you have more than 50 people on your list—and that will probably take you less than a week—you’ll need to use a listserv. Don’t even try to do this by yourself!
My hosting company organize this for me. They have a mail server that handles all the mail. I just send them the newsletter and they send it out. Alternatively, you can use a professional listserv such as Microsoft’s List Builder or Sparklist.
There are free list servers available too. While you can use these if you’re on a really tight budget, I don’t recommend it. First, they stuff their own adverts onto your newsletter. That doesn’t just reduce the effectiveness of your brand, it draws attention away from your own ads—provided you can persuade people to advertise on a
newsletter like this. But their privacy policies have also come under a lot of criticism lately and even some of the biggest companies have been found to have used their clients’ lists to market their own goods.
If you’re going to do a newsletter—and you should—it’s worth investing in a professional service. That is, after all, what you’re offering.
In conclusion, newsletters then are one of the most effective ways to keep customers, and keep your revenue flowing in. They remind people you’re still out there, provide news about deals and bargains, and give customers the confidence to buy. You can put them together in a snap, or even pay someone a pretty small fee to do it for you. If you sell advertising space on your newsletter, you’ll even find each issue will pay for itself.
Warmly,
Iyunk77
As you build up your subscriber list, you’re going to find yourself with a problem. Whichever mail program you’re using, whether it’s Outlook or Eudora or something else, it’s just not going to be set up to deal with the kind of mass mailing involved with newsletters.
If you have more than 50 people on your list—and that will probably take you less than a week—you’ll need to use a listserv. Don’t even try to do this by yourself!
My hosting company organize this for me. They have a mail server that handles all the mail. I just send them the newsletter and they send it out. Alternatively, you can use a professional listserv such as Microsoft’s List Builder or Sparklist.
There are free list servers available too. While you can use these if you’re on a really tight budget, I don’t recommend it. First, they stuff their own adverts onto your newsletter. That doesn’t just reduce the effectiveness of your brand, it draws attention away from your own ads—provided you can persuade people to advertise on a
newsletter like this. But their privacy policies have also come under a lot of criticism lately and even some of the biggest companies have been found to have used their clients’ lists to market their own goods.
If you’re going to do a newsletter—and you should—it’s worth investing in a professional service. That is, after all, what you’re offering.
In conclusion, newsletters then are one of the most effective ways to keep customers, and keep your revenue flowing in. They remind people you’re still out there, provide news about deals and bargains, and give customers the confidence to buy. You can put them together in a snap, or even pay someone a pretty small fee to do it for you. If you sell advertising space on your newsletter, you’ll even find each issue will pay for itself.
Warmly,
Iyunk77
Monday, December 1, 2008
Second Tier Marketing
In this article we will review the principles of second tier marketing or selling to your existing customers. We will also discuss how to cross-market and find potential
customers that you may not have been aware of.
Importance of Back-end Selling
Considerable effort is required to get customers for your products. You design killer web pages, work hard for high search engine rankings (or pay for them), submit classified ads, etc. but still do not manage to sell enough. This is where the concept of back-end sales is useful.
Most marketers are successful because they apply back-end selling into their marketing efforts. Back-end selling is when you sell other products or services to your existing customers after they have purchased an initial product.
It is always easier to sell products or services to your existing customers because you have developed a relationship with them when you sold your first product or service to them. You will find it less expensive to sell to old customers as compared to selling to new customers.
Your conversion ratio will be dramatically higher with existing customers. Every time you continue selling back-end products or services to existing customers, you will be building a life-long relationship. You should continually bring out new back-end products or services to sell to existing customers.
Many businesses sell their front-end products (initial products) at almost zero profit in order to generate back-end profits. These businesses do not care even if they lose money on the front-end products or services; they want the back-end profits.
How do you make backend sales? There are several ways. When you order a product from a mail-order company, they'll send you a catalog along with your order, or put you on a mailing list and send you new catalogs from time to time. They might also send you a sales letter for another product. This may be related to the first product in some way. Many companies implement such a strategy.
To implement this technique on the web, you can put the sales pitch for your backend item in the email to the customer to confirm their order. If you have an online
catalog, you could include a link to it, or even include a coupon or special offer "for all valued customers".
For a faster response, you should put the backend offer on the "Thank You" page that is generated by a credit-card sale. The customer just bought something from you and has a credit card in his or her hot little hand! Why not ask for another purchase while they are in the mood to buy. In case you do not sell more than one product or service, affiliate programs might come in handy. This way you can back sell products promoted by your affiliate programs as well.
Back-end selling can also be integrated with “Up-Selling” wherein you introduce more expensive products or services to your existing customers in similar ways as those mentioned above. This will almost instantly raise your sales and
profits.
Cross Selling
Another successful strategy similar to the ones discussed above is Cross Selling. One of the best examples of cross selling via the web is on Amazon.com. If you search for a book on the Amazon site, a message will appear on the same page, saying 'Customers who bought this book also bought…' and will list half a dozen other books for your consideration. This is an excellent way to cross sell additional services or content to your members.
You can also direct visitors to other parts of the site, to consider products and services that they hadn't previously considered. Successful cross selling is the result of recognizing a customer need and meeting that need with a useful product or service. Customers benefit from needs-based cross selling efforts because they receive the services they need and want.
Cross selling can help your business realize its objectives: providing useful services, retaining customers, attracting new customers, and staying competitive with other websites.
In conclusion, you can offer a range of products and services on the Internet. The key is proper research and a great marketing plan.
Warmly,
Iyunk77
customers that you may not have been aware of.
Importance of Back-end Selling
Considerable effort is required to get customers for your products. You design killer web pages, work hard for high search engine rankings (or pay for them), submit classified ads, etc. but still do not manage to sell enough. This is where the concept of back-end sales is useful.
Most marketers are successful because they apply back-end selling into their marketing efforts. Back-end selling is when you sell other products or services to your existing customers after they have purchased an initial product.
It is always easier to sell products or services to your existing customers because you have developed a relationship with them when you sold your first product or service to them. You will find it less expensive to sell to old customers as compared to selling to new customers.
Your conversion ratio will be dramatically higher with existing customers. Every time you continue selling back-end products or services to existing customers, you will be building a life-long relationship. You should continually bring out new back-end products or services to sell to existing customers.
Many businesses sell their front-end products (initial products) at almost zero profit in order to generate back-end profits. These businesses do not care even if they lose money on the front-end products or services; they want the back-end profits.
How do you make backend sales? There are several ways. When you order a product from a mail-order company, they'll send you a catalog along with your order, or put you on a mailing list and send you new catalogs from time to time. They might also send you a sales letter for another product. This may be related to the first product in some way. Many companies implement such a strategy.
To implement this technique on the web, you can put the sales pitch for your backend item in the email to the customer to confirm their order. If you have an online
catalog, you could include a link to it, or even include a coupon or special offer "for all valued customers".
For a faster response, you should put the backend offer on the "Thank You" page that is generated by a credit-card sale. The customer just bought something from you and has a credit card in his or her hot little hand! Why not ask for another purchase while they are in the mood to buy. In case you do not sell more than one product or service, affiliate programs might come in handy. This way you can back sell products promoted by your affiliate programs as well.
Back-end selling can also be integrated with “Up-Selling” wherein you introduce more expensive products or services to your existing customers in similar ways as those mentioned above. This will almost instantly raise your sales and
profits.
Cross Selling
Another successful strategy similar to the ones discussed above is Cross Selling. One of the best examples of cross selling via the web is on Amazon.com. If you search for a book on the Amazon site, a message will appear on the same page, saying 'Customers who bought this book also bought…' and will list half a dozen other books for your consideration. This is an excellent way to cross sell additional services or content to your members.
You can also direct visitors to other parts of the site, to consider products and services that they hadn't previously considered. Successful cross selling is the result of recognizing a customer need and meeting that need with a useful product or service. Customers benefit from needs-based cross selling efforts because they receive the services they need and want.
Cross selling can help your business realize its objectives: providing useful services, retaining customers, attracting new customers, and staying competitive with other websites.
In conclusion, you can offer a range of products and services on the Internet. The key is proper research and a great marketing plan.
Warmly,
Iyunk77
Sunday, November 23, 2008
Creating Best Online Business
There are many different ways to make money on the Internet but this article today will focus on one particular idea, creating the best online business. There are as many ways to make money on the Internet as possible but there aren't a great deal of tried and true methods that can work for different people.
The method that we will focus on today is creating a website in a small but profitable niche. What all businesses come down to is finding and maintaining a strong and solid customer base that can constantly make them money. This is true no matter what type of business this is, Internet or retail. The only way that a company makes money is by attracting a solid base of customers and then building off of that. If you are able to build a solid base of highly responsive customers, you will have the opportunity to print your own money.
The first key in creating the best online business is to help you identify a niche that you can work in. this can be a bit tricky but you must make sure that it has a few characteristics. First, you will want the subject to be something that you are interested in hopefully. To truly create a website that people will want to keep visiting, you will have to have a great deal of information and different ways to keep them interested. You will probably need to be researching these topics quite a bit so a strong interest within the field will help you. Secondly, visit www.findhotniches.com. This website can help you generate ideas on what different areas are underserved. The author of this website, James Jackson, gives you niches plus keywords so that you know what to build your website around.
That was great information but here is the rest quickly. You want your website to be built around those keywords so that Internet searches bring up your website among the first page of search results. By doing this, you can start gaining traffic to your website. By constantly writing articles, you can develop a repeat client base which you can begin selling to. Once you are done developing the website, you need some sort of product to sell. This is not necessarily something that you have to come up with. If you go to Clickbank.com, you will find many different products that you can probably sell within your particular niche. You will get a share of the profits and the system is automated so that you just have to guide your clients over to that particular website and everything else is taken care of for you.
If you decide and look into developing a newsletter then you can promote a product at the end of the newsletter, which could bring you in a great deal of money. This is where you can make some good money. Hopefully this article on creating the best online business will help you out. If you want to succeed, try this idea but keep testing as it takes great time and effort to become a strong and profitable website.
The method that we will focus on today is creating a website in a small but profitable niche. What all businesses come down to is finding and maintaining a strong and solid customer base that can constantly make them money. This is true no matter what type of business this is, Internet or retail. The only way that a company makes money is by attracting a solid base of customers and then building off of that. If you are able to build a solid base of highly responsive customers, you will have the opportunity to print your own money.
The first key in creating the best online business is to help you identify a niche that you can work in. this can be a bit tricky but you must make sure that it has a few characteristics. First, you will want the subject to be something that you are interested in hopefully. To truly create a website that people will want to keep visiting, you will have to have a great deal of information and different ways to keep them interested. You will probably need to be researching these topics quite a bit so a strong interest within the field will help you. Secondly, visit www.findhotniches.com. This website can help you generate ideas on what different areas are underserved. The author of this website, James Jackson, gives you niches plus keywords so that you know what to build your website around.
That was great information but here is the rest quickly. You want your website to be built around those keywords so that Internet searches bring up your website among the first page of search results. By doing this, you can start gaining traffic to your website. By constantly writing articles, you can develop a repeat client base which you can begin selling to. Once you are done developing the website, you need some sort of product to sell. This is not necessarily something that you have to come up with. If you go to Clickbank.com, you will find many different products that you can probably sell within your particular niche. You will get a share of the profits and the system is automated so that you just have to guide your clients over to that particular website and everything else is taken care of for you.
If you decide and look into developing a newsletter then you can promote a product at the end of the newsletter, which could bring you in a great deal of money. This is where you can make some good money. Hopefully this article on creating the best online business will help you out. If you want to succeed, try this idea but keep testing as it takes great time and effort to become a strong and profitable website.
Wednesday, November 19, 2008
What businesses are succeeding on the Net?
This week we will address the most basic question any Internet business owner will have to answer at one point or another…”what should I sell?”.
After the settling down of the dot-com bubble, sanity checks
have brought realistic expectations to the fore. Initially,
a backlash was seen, forecasting the doom of the Internet.
Finally, merits have made the Internet gain its rightful
place. In breakthroughs that show the promise of e-commerce
wasn't all smoke and mirrors, four dot-coms recently
reported their first quarterly profits. The list of the
Internet’s publicly held moneymakers includes eBay Inc.,
Amazon.com Inc., Yahoo! Inc., Overture Services Inc.,
Expedia Inc., FindWhat.com Inc. and E-Trade Group Inc.
Several privately owned dot-coms, including search engines
Google and DealTime, say they have been making money, too.
In 2001, the last full year where numbers are available, the
Department of Commerce broke out e-commerce sales versus
total U.S retail sales which revealed the $3.16 trillion
retail industry saw a total of $37.7 billion in sales take
place online -- comprising 1.2 percent of the total. This
year e-commerce is tracking about the same. Through the
third quarter, the last full quarter where numbers are
available, total retail sales were $856 billion versus $11
billion in e-commerce, about a 1.3 percent share.
There were big gains made in Home and Garden, a 78 percent
increase; Furniture and Appliances, a 75 percent increase;
and Toy shopping online with a 61 percent increase in the
year 2002. There is no doubt that online shopping is
growing.
Nielsen//NetRatings found that more than 35.5 million U.S.
Internet users made shopping trips to virtual department
store sites during the week ending November 3, 2002 - that's
a 20 percent increase from the week ending October 20 and
roughly 14 million more than almost the same time period in
2001.
There is a growing tendency amongst Internet users to pay
for valuable content online. There are many reasons for
this. First, only a few websites operated by big companies
can afford to provide valuable content without being
compensated. The rest of us can't be so generous. And trying
to recapture our expenses by selling advertising on our
websites has failed to pay the bills. Online advertising and
click-through rates are on the decline.
Second, many people are now more than willing to pay to
receive quality services and products even if they were
offered for free earlier. Several paid content websites have
already proven this unmistakable trend. The discerning buyer
values his/her time as also the quality of information or
service and is willing to pay for it.
However, not all products can be sold on the Internet. Some
products may be better suited for online sales than others;
others simply will not work on this new commercial medium.
According to an Ernst and Young study, the most popular
online purchases are computer related products (40%), books
(20%), travel (16%), clothing (10%), recorded music (6%),
subscriptions (6%), gifts (5%) and investments (4%).
Businesses offering paid services have also prospered
enormously. The top three categories (Business
Content/Investment, Entertainment/Lifestyles and
Personals/Dating) accounted for 62% of all paid content
revenues in the first three quarters of 2002. The total
market for paid online content in the U.S. grew to $361.4
million for the quarter, a 14 percent gain over the previous
quarter and a 105.3 percent gain over Q3 2001. An
interesting statistic put forward by this report is that 85%
of money spent by U.S. Consumers for online content goes to
the top 50 sites in most of the categories.
The graph below (Top 3 Content Categories) is indicative of
this change.
In terms of “stickiness” of different categories, Business
sites - especially finance and investment rank the highest.
In other words, users are more likely to spend longer time
surfing through a business website compared to other
categories. This study was conducted by Nielsen//NetRatings.
The table below shows the most addictive web categories for
2002.
Category Time per person(hr:min:sec) Audience
Business – Finance and Investment 0:21:33 51,586
General News 0:15:47 64,822
Entertainment 0:14:32 45,922
Source: Nielsen//NetRatings
According to the above figures a person spends about 22
minutes on a finance website on an average.
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Should you be selling a product or a service?
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The Internet is primarily used to communicate, entertain,
educate and research. It is thus no wonder that
nonperishable, information-intensive products - including
computers and software, books, travel, consumer electronics,
magazine subscriptions - are the most popular online
products at present. Content-rich sites, subscription-based
sites to advertiser-supported sites focusing on a wide range
of topics, have been sprouting all over the Internet.
Services such as hotel reservation, air travel and
investments have successfully translated themselves to the
Internet.
Unique services such as Online driving schools have been
prospering. Some states in the US have set up online payment
sites for Government services. Residents of a state can log
on to a common site to pay all bills and other expenses,
such as parking tickets to the local/County courts.
However, all kinds of services cannot be run entirely on the
Internet. The Internet is less effective when face-to-face
selling is needed to close a deal. The Internet can give
lots of preliminary information that's useful in setting the
scene for the closing. But the actual closing takes place
offline - i.e., not on the Internet.
Products can also be marketed and sold successfully on the
Internet. The kinds of products and services that sell best
on the Internet are those that take advantage of the
convenience of the Net. Remember that convenience is the
primary reason why consumers flock to the Internet in the
first place. People can shop any hour of the day at any
site. They can avoid crowded stores, irritating sales
clerks, and even avoid pickpockets.
Offbeat or unusual products and services often attract
online attention and sell strongly. You would generally not
try to sell items people can get at the corner store. Thus,
few toothbrushes are sold on the Net; the same thing with
daily food and beverage purchases. But special cheeses, rare
cigars, Turkish plates, long-aged wines, even diamonds, can
and do sell on the Net.
Most products sold by catalog and mail order also sell well
on the Net. However, people tend to buy only those products
that could be shipped at a reasonable price. Higher shipping
costs diminish the price competitiveness of online products
and turns-off a lot of potential buyers. In fact, high
shipping costs is the primary factor that discourages people
from buying online more than any other single reason. An
Ernst and Young report shows that 53 percent of online
shoppers are concerned with shipping costs that are too
high, compared to only 19 percent who are concerned with
credit cards being stolen.
As an online merchant, you have to work out the advantages
as well as disadvantages of selling either products or
services. However, in the recent past, online services have
known to flourish. Nevertheless, if you chose to sell
products you need to rethink your product offering if the
total costs of the product and the shipping are higher than
what is offered elsewhere.
Take some time to evaluate your products or services. There
is a growing market of potential customers on the Internet,
you just need to offer the products and services they are
looking for.
After the settling down of the dot-com bubble, sanity checks
have brought realistic expectations to the fore. Initially,
a backlash was seen, forecasting the doom of the Internet.
Finally, merits have made the Internet gain its rightful
place. In breakthroughs that show the promise of e-commerce
wasn't all smoke and mirrors, four dot-coms recently
reported their first quarterly profits. The list of the
Internet’s publicly held moneymakers includes eBay Inc.,
Amazon.com Inc., Yahoo! Inc., Overture Services Inc.,
Expedia Inc., FindWhat.com Inc. and E-Trade Group Inc.
Several privately owned dot-coms, including search engines
Google and DealTime, say they have been making money, too.
In 2001, the last full year where numbers are available, the
Department of Commerce broke out e-commerce sales versus
total U.S retail sales which revealed the $3.16 trillion
retail industry saw a total of $37.7 billion in sales take
place online -- comprising 1.2 percent of the total. This
year e-commerce is tracking about the same. Through the
third quarter, the last full quarter where numbers are
available, total retail sales were $856 billion versus $11
billion in e-commerce, about a 1.3 percent share.
There were big gains made in Home and Garden, a 78 percent
increase; Furniture and Appliances, a 75 percent increase;
and Toy shopping online with a 61 percent increase in the
year 2002. There is no doubt that online shopping is
growing.
Nielsen//NetRatings found that more than 35.5 million U.S.
Internet users made shopping trips to virtual department
store sites during the week ending November 3, 2002 - that's
a 20 percent increase from the week ending October 20 and
roughly 14 million more than almost the same time period in
2001.
There is a growing tendency amongst Internet users to pay
for valuable content online. There are many reasons for
this. First, only a few websites operated by big companies
can afford to provide valuable content without being
compensated. The rest of us can't be so generous. And trying
to recapture our expenses by selling advertising on our
websites has failed to pay the bills. Online advertising and
click-through rates are on the decline.
Second, many people are now more than willing to pay to
receive quality services and products even if they were
offered for free earlier. Several paid content websites have
already proven this unmistakable trend. The discerning buyer
values his/her time as also the quality of information or
service and is willing to pay for it.
However, not all products can be sold on the Internet. Some
products may be better suited for online sales than others;
others simply will not work on this new commercial medium.
According to an Ernst and Young study, the most popular
online purchases are computer related products (40%), books
(20%), travel (16%), clothing (10%), recorded music (6%),
subscriptions (6%), gifts (5%) and investments (4%).
Businesses offering paid services have also prospered
enormously. The top three categories (Business
Content/Investment, Entertainment/Lifestyles and
Personals/Dating) accounted for 62% of all paid content
revenues in the first three quarters of 2002. The total
market for paid online content in the U.S. grew to $361.4
million for the quarter, a 14 percent gain over the previous
quarter and a 105.3 percent gain over Q3 2001. An
interesting statistic put forward by this report is that 85%
of money spent by U.S. Consumers for online content goes to
the top 50 sites in most of the categories.
The graph below (Top 3 Content Categories) is indicative of
this change.
In terms of “stickiness” of different categories, Business
sites - especially finance and investment rank the highest.
In other words, users are more likely to spend longer time
surfing through a business website compared to other
categories. This study was conducted by Nielsen//NetRatings.
The table below shows the most addictive web categories for
2002.
Category Time per person(hr:min:sec) Audience
Business – Finance and Investment 0:21:33 51,586
General News 0:15:47 64,822
Entertainment 0:14:32 45,922
Source: Nielsen//NetRatings
According to the above figures a person spends about 22
minutes on a finance website on an average.
************************************************************
Should you be selling a product or a service?
************************************************************
The Internet is primarily used to communicate, entertain,
educate and research. It is thus no wonder that
nonperishable, information-intensive products - including
computers and software, books, travel, consumer electronics,
magazine subscriptions - are the most popular online
products at present. Content-rich sites, subscription-based
sites to advertiser-supported sites focusing on a wide range
of topics, have been sprouting all over the Internet.
Services such as hotel reservation, air travel and
investments have successfully translated themselves to the
Internet.
Unique services such as Online driving schools have been
prospering. Some states in the US have set up online payment
sites for Government services. Residents of a state can log
on to a common site to pay all bills and other expenses,
such as parking tickets to the local/County courts.
However, all kinds of services cannot be run entirely on the
Internet. The Internet is less effective when face-to-face
selling is needed to close a deal. The Internet can give
lots of preliminary information that's useful in setting the
scene for the closing. But the actual closing takes place
offline - i.e., not on the Internet.
Products can also be marketed and sold successfully on the
Internet. The kinds of products and services that sell best
on the Internet are those that take advantage of the
convenience of the Net. Remember that convenience is the
primary reason why consumers flock to the Internet in the
first place. People can shop any hour of the day at any
site. They can avoid crowded stores, irritating sales
clerks, and even avoid pickpockets.
Offbeat or unusual products and services often attract
online attention and sell strongly. You would generally not
try to sell items people can get at the corner store. Thus,
few toothbrushes are sold on the Net; the same thing with
daily food and beverage purchases. But special cheeses, rare
cigars, Turkish plates, long-aged wines, even diamonds, can
and do sell on the Net.
Most products sold by catalog and mail order also sell well
on the Net. However, people tend to buy only those products
that could be shipped at a reasonable price. Higher shipping
costs diminish the price competitiveness of online products
and turns-off a lot of potential buyers. In fact, high
shipping costs is the primary factor that discourages people
from buying online more than any other single reason. An
Ernst and Young report shows that 53 percent of online
shoppers are concerned with shipping costs that are too
high, compared to only 19 percent who are concerned with
credit cards being stolen.
As an online merchant, you have to work out the advantages
as well as disadvantages of selling either products or
services. However, in the recent past, online services have
known to flourish. Nevertheless, if you chose to sell
products you need to rethink your product offering if the
total costs of the product and the shipping are higher than
what is offered elsewhere.
Take some time to evaluate your products or services. There
is a growing market of potential customers on the Internet,
you just need to offer the products and services they are
looking for.
Tuesday, November 18, 2008
How to attract affiliates
In this article we will discuss how to attract affiliates to
you program.
One of the biggest fears new Affiliate managers have is in
finding new affiliates. This fear is a stumbling block that
stops many site owners from getting started with affiliate
marketing. Interestingly, with a proper marketing strategy,
getting affiliates may not be very difficult. Given below
are some tips that may help in attracting new affiliates.
Find complimentary sites
"Complementary" sites are a sites that sell products or
services that compliment your
offerings. If you sell "gardening tools", a site that sells
books on "gardening tips" would be a perfect affiliate. If
you sell software, try looking for sites that sell computers
or computer parts. Finding sites that already attract your
target market, and can benefit from recommending your
product or service to their visitors, is the goal.
Find content sites
There are many sites that do not sell
any kind of product or service but are mainly
content-oriented sites. Such sites promote an idea, concept,
study or belief. Content sites that are used as a resource
for your target market are ideal affiliates.
Finally, there are several sites on the Internet dedicated
to listing affiliate Programs. Get your program listed in
these directories.
Classifying Affiliates for better management
The hardest part of administrating an Affiliate Program is
deciding what your affiliates need to help make the sale.
But, by carefully categorizing your affiliates, you can
easily determine what their needs are and how to accurately
meet them. The plan given below helps in categorizing
affiliates in order to manage your affiliate program better.
The first step is to pick at least three types of
affiliates. Take a look at your affiliates and try to
determine one outstanding characteristic that can easily be
compared across the board and choose at least three types of
the characteristic. Here are some examples:
* Level of Sales - You may find that your affiliates are so
completely different that it's hard to find something to
classify them by. Try classifying them by the level of
sales they've reached with you. You'll most likely find
that youhave a few forerunners that lead the pack with
a number of sales, quite a few affiliates that have.
sporadically made a sale or two and some that have yet
to make a sale. This will help you classify them based
on sales.
* Products - If you sell a wide variety of products for
specific interests/needs you may be able to classify your
affiliates by product. For instance, a financial site
could classify types like Personal Finance, Small Business
Finance, and Corporate Finance.
* Industry - If you market commodities like office supplies,
health and beauty products, house-wares and so on, you may
find that your affiliates come from a wide variety of
industries. You can most likely classify your affiliates
according to their industry.
The Second Step is to determine the needs of each type. Each
of your affiliate types will have different needs; some of
their needs will overlap, but you should find a distinct
difference in many of their needs. If you find that all of
them have the same needs, go back to step one and re-think
your types.
Here are some basic things to look for:
* Linking Methods - Different types of affiliates will need
different linking methods. Let's use the example above
where we had different groups based on sales. Your low
sales group may be satisfied with a banner or two to place
on their site. Your medium sales type may be interested
in an article or two for added content on their site.
Your high sales group will probably pass up banners
for articles, guestbooks, email ads and signature files.
* Capturing visitors is what you want. In order to do so --
you have to know what they want. Visit your affiliates'
sites to see what visitors are looking at and looking for.
Ask yourself, "How does my product relate to what I am
seeing?"
* Different types of affiliates may expect different
commissions. You'll have some Affiliates that have joined
your program "on the side" and others that plan on earning
a
substantial income from the program. Determine what effort
they are putting into advertising, how much other programs
in your industry are paying, and the amount of time they
devote to your program.
The Third Step involves the process of creating and
compiling linking methods for each group of affiliates.
Based on the needs you identified in Step two, create and
compile linking methods for each type. Here are a few
linking methods to think about.
* Banners - Though they aren't as effective as other linking
methods, banners are still widely used and expected. Make
banners in a variety of sizes to fit tops of pages,
bottoms, toolbars, sidebars and other miscellaneous areas.
* Articles - These are great for affiliates that need
content for their websites and newsletters. Be sure that
your articles are articles and not ads.
* Email Ads - Your active affiliates may be interested in
placing ads in e-zines or their own newsletters. Try
writing
a few ads in different lengths.
* Signature Files - Dedicated affiliates may even add your
tag to their signature line. Give them a few witty lines
to choose from.
* Guestbooks: - Let your affiliates help you build your
Opt-In email lists with guestbooks. Offer them a
commission
for each email address they send you, or each resulting
sale
from the subscribers they send you.
* Product Images - Give your affiliates images that show and
link directly to specific products. They'll be able to
choose an image specific to their site, or choose several
images to display.
* Review each affiliate Type and match them up with your new
linking methods. You may have some linking methods that
overlap Types -- this is okay. Just be sure you are
concentrating on the affiliates' needs.
The Fourth Step is to decide commission levels. Your first
decision will be to determine whether you want to pay a flat
rate or percentage of each sale. Based on the needs you
identified above for each of the affiliate types, decide on
a commission amount for each Type. If you have a two-tier
program, consider the possibility of different second tier
rates as well.
The Fifth Step is to devise promotions for affiliate groups.
Once you have your affiliates properly categorized and your
system under control, consider developing promotions for
your affiliate groups. Give them special incentives to sell
more during a certain time frame, move seasonal products, or
increase business during your slow months. Offer them
additional commissions, or even bonuses for reaching a
specific amount of sales.
In conclusion, if you follow the steps I have just outlined
and if you are ready for a little work and a lot of
organization, your affiliate program should be up and
running in no time.
you program.
One of the biggest fears new Affiliate managers have is in
finding new affiliates. This fear is a stumbling block that
stops many site owners from getting started with affiliate
marketing. Interestingly, with a proper marketing strategy,
getting affiliates may not be very difficult. Given below
are some tips that may help in attracting new affiliates.
Find complimentary sites
"Complementary" sites are a sites that sell products or
services that compliment your
offerings. If you sell "gardening tools", a site that sells
books on "gardening tips" would be a perfect affiliate. If
you sell software, try looking for sites that sell computers
or computer parts. Finding sites that already attract your
target market, and can benefit from recommending your
product or service to their visitors, is the goal.
Find content sites
There are many sites that do not sell
any kind of product or service but are mainly
content-oriented sites. Such sites promote an idea, concept,
study or belief. Content sites that are used as a resource
for your target market are ideal affiliates.
Finally, there are several sites on the Internet dedicated
to listing affiliate Programs. Get your program listed in
these directories.
Classifying Affiliates for better management
The hardest part of administrating an Affiliate Program is
deciding what your affiliates need to help make the sale.
But, by carefully categorizing your affiliates, you can
easily determine what their needs are and how to accurately
meet them. The plan given below helps in categorizing
affiliates in order to manage your affiliate program better.
The first step is to pick at least three types of
affiliates. Take a look at your affiliates and try to
determine one outstanding characteristic that can easily be
compared across the board and choose at least three types of
the characteristic. Here are some examples:
* Level of Sales - You may find that your affiliates are so
completely different that it's hard to find something to
classify them by. Try classifying them by the level of
sales they've reached with you. You'll most likely find
that youhave a few forerunners that lead the pack with
a number of sales, quite a few affiliates that have.
sporadically made a sale or two and some that have yet
to make a sale. This will help you classify them based
on sales.
* Products - If you sell a wide variety of products for
specific interests/needs you may be able to classify your
affiliates by product. For instance, a financial site
could classify types like Personal Finance, Small Business
Finance, and Corporate Finance.
* Industry - If you market commodities like office supplies,
health and beauty products, house-wares and so on, you may
find that your affiliates come from a wide variety of
industries. You can most likely classify your affiliates
according to their industry.
The Second Step is to determine the needs of each type. Each
of your affiliate types will have different needs; some of
their needs will overlap, but you should find a distinct
difference in many of their needs. If you find that all of
them have the same needs, go back to step one and re-think
your types.
Here are some basic things to look for:
* Linking Methods - Different types of affiliates will need
different linking methods. Let's use the example above
where we had different groups based on sales. Your low
sales group may be satisfied with a banner or two to place
on their site. Your medium sales type may be interested
in an article or two for added content on their site.
Your high sales group will probably pass up banners
for articles, guestbooks, email ads and signature files.
* Capturing visitors is what you want. In order to do so --
you have to know what they want. Visit your affiliates'
sites to see what visitors are looking at and looking for.
Ask yourself, "How does my product relate to what I am
seeing?"
* Different types of affiliates may expect different
commissions. You'll have some Affiliates that have joined
your program "on the side" and others that plan on earning
a
substantial income from the program. Determine what effort
they are putting into advertising, how much other programs
in your industry are paying, and the amount of time they
devote to your program.
The Third Step involves the process of creating and
compiling linking methods for each group of affiliates.
Based on the needs you identified in Step two, create and
compile linking methods for each type. Here are a few
linking methods to think about.
* Banners - Though they aren't as effective as other linking
methods, banners are still widely used and expected. Make
banners in a variety of sizes to fit tops of pages,
bottoms, toolbars, sidebars and other miscellaneous areas.
* Articles - These are great for affiliates that need
content for their websites and newsletters. Be sure that
your articles are articles and not ads.
* Email Ads - Your active affiliates may be interested in
placing ads in e-zines or their own newsletters. Try
writing
a few ads in different lengths.
* Signature Files - Dedicated affiliates may even add your
tag to their signature line. Give them a few witty lines
to choose from.
* Guestbooks: - Let your affiliates help you build your
Opt-In email lists with guestbooks. Offer them a
commission
for each email address they send you, or each resulting
sale
from the subscribers they send you.
* Product Images - Give your affiliates images that show and
link directly to specific products. They'll be able to
choose an image specific to their site, or choose several
images to display.
* Review each affiliate Type and match them up with your new
linking methods. You may have some linking methods that
overlap Types -- this is okay. Just be sure you are
concentrating on the affiliates' needs.
The Fourth Step is to decide commission levels. Your first
decision will be to determine whether you want to pay a flat
rate or percentage of each sale. Based on the needs you
identified above for each of the affiliate types, decide on
a commission amount for each Type. If you have a two-tier
program, consider the possibility of different second tier
rates as well.
The Fifth Step is to devise promotions for affiliate groups.
Once you have your affiliates properly categorized and your
system under control, consider developing promotions for
your affiliate groups. Give them special incentives to sell
more during a certain time frame, move seasonal products, or
increase business during your slow months. Offer them
additional commissions, or even bonuses for reaching a
specific amount of sales.
In conclusion, if you follow the steps I have just outlined
and if you are ready for a little work and a lot of
organization, your affiliate program should be up and
running in no time.
Thursday, November 13, 2008
Creating An Online Business
There are many different online business that you can create and in this article today we are going to look at a couple of different types. This article focused on creating online businesses and the different types that you can create.
The first kind of businesses that you can create when looking to create an online business would be a website which serves a particular niche in the market. Many people have done on this and this is often done by trying to find an underserved niche, building a website, and then profiting off of this small but profitable match. A great place to find more information on this particular topic would be www.findhotniches.com. Here the author has created a website which finds underserved niches which you could potentially build a website around. When you're building a website, you're going to want to find cheap keywords that you can use to help build your business as well as create good content. By creating the content and then creating back links between yourself and other websites, you'll be setting yourself up to have a high page rank with Google. By using AdWords to bring traffic to your website and then also developing your natural search engine traffic through building up a website, you will have built yourself a very solid business. This is just one way of creating online business.
Another way to you can build and create an online business is through eBay. This is an area which was particularly hot several years ago and still remains a solid business proposition. Many people are able to make a full-time income on eBay. You will need to find a wholesaler where you can get products at a discount to sell on eBay. The general idea when working on selling on eBay is to find a drop shipper. A definition of a drop shipper is a wholesaler sells you a product and will ship the product to a customer. You will buy the product at the wholesale price and then make money on the difference between what you buy the product for and sell the product for on eBay. Using the wholesaler allows you to focus on selling the product without worrying about stocking the product. You do not need to worry about any sort of shipping or backend but you will want to make sure that everything gets sent out. If there are problems with shipments, the customer will be coming back to you and not to the wholesaler to. If you go to worldwidebrands.com, you will find the best wholesale shipping directory on the Internet.
These are two of the different ideas in creating an online business. There are many ways to make money on the Internet but these are two proven methods. You will not have to use a lot of money up front to create these particular online businesses and these businesses can be something that you will have great deal of success with.
The first kind of businesses that you can create when looking to create an online business would be a website which serves a particular niche in the market. Many people have done on this and this is often done by trying to find an underserved niche, building a website, and then profiting off of this small but profitable match. A great place to find more information on this particular topic would be www.findhotniches.com. Here the author has created a website which finds underserved niches which you could potentially build a website around. When you're building a website, you're going to want to find cheap keywords that you can use to help build your business as well as create good content. By creating the content and then creating back links between yourself and other websites, you'll be setting yourself up to have a high page rank with Google. By using AdWords to bring traffic to your website and then also developing your natural search engine traffic through building up a website, you will have built yourself a very solid business. This is just one way of creating online business.
Another way to you can build and create an online business is through eBay. This is an area which was particularly hot several years ago and still remains a solid business proposition. Many people are able to make a full-time income on eBay. You will need to find a wholesaler where you can get products at a discount to sell on eBay. The general idea when working on selling on eBay is to find a drop shipper. A definition of a drop shipper is a wholesaler sells you a product and will ship the product to a customer. You will buy the product at the wholesale price and then make money on the difference between what you buy the product for and sell the product for on eBay. Using the wholesaler allows you to focus on selling the product without worrying about stocking the product. You do not need to worry about any sort of shipping or backend but you will want to make sure that everything gets sent out. If there are problems with shipments, the customer will be coming back to you and not to the wholesaler to. If you go to worldwidebrands.com, you will find the best wholesale shipping directory on the Internet.
These are two of the different ideas in creating an online business. There are many ways to make money on the Internet but these are two proven methods. You will not have to use a lot of money up front to create these particular online businesses and these businesses can be something that you will have great deal of success with.
Saturday, November 8, 2008
Creating effective Ads
Today’s article deals with a subject that we all need to
read, study and understand…how to create an EFFECTIVE ad.
Online advertising on the Internet leaves a lot to be
desired. We have ads that emulate Windows-warning boxes. We
have pop-ups and pop-unders. All of these are developed with
the intent to make people notice them. However, most of them
only end up irritating them. Advertisers, especially those
with small budgets, can't afford to waste money on
ineffective buys. In order to optimize your advertising
buys, you need to concentrate on improving your creative.
Here are some tips that might help:
Step 1: Define clear goals of your advertising campaign
The most important aspect of any advertising campaign is to
have a clear objective in mind. You may be targeting a
specific group of people, your initial aim may be to target
at least 1000 internet surfers and so on and so forth. Have
a well defined, clear purpose.
Step 2: Identify the most effective sites for achieving your
goals
Sites that are most relevant to your product or service
will, more than likely, be your best bet; but also consider
larger sites or networks that can target the audience you're
trying to reach. They can be very cost-effective. If you
have multiple products or services that appeal to various
target markets, you'll have to consider sites that reach all
those various segments.
Step 3: Craft your message to fit the needs of the audience
you're targeting
This comes down to understanding the audience of the sites
you're advertising on. The message you use on a technology
site to appeal to technologically savvy customers won't have
the same appeal for visitors on a small-business site. Focus
your campaign.
Step 4: Content of your Ad
Pay particular attention to the content of the Ad. The
content should be such that it clearly distinguishes your
product or service from your competitors’. Have a catchy
headline. The headline is probably the most important part
of the Ad – It is the customer puller.
Step 5: Formulate the specific promotional messages that
correspond to your goals
The promotional messages should concentrate on the major
selling points of your product or service and have a strong
call-to-action.
Step 6: Make the desired action clearly visible
This certainly doesn't mean the desired action should
necessarily blink, bounce or do flips, but it should be
visible within an accepted format for the media you're
using. In the case of the Internet, underlined text links,
"click here" text entry boxes, and pull-down menus are all
ways you can make the desired action clearly visible.
Step 7: Design the ad so it looks like it belongs on the
sites where you're advertising
For instance, you may want to use the site's font faces in
your text, color schemes in your background, font color
choices overall, and emulate images where appropriate. Try
to conform to the environment so potential customers
visiting the site don't gasp in shock when they see your ad.
Step 8: Produce multiple versions of each ad
Create three or four versions of each ad, changing the
promotional message, call-to-action, font faces and color
schemes. This is especially important if you're doing price
testing or gauging reaction to specific promotions. By
splitting your advertising buy among the various versions of
your creative, you can then start to optimize your buy based
on the message that works best.
With these tips, you will not only be able to create an ad,
but you will be able to create an effective ad that does
what it is supposed to do – sell your products and services.
Talk to you soon!
read, study and understand…how to create an EFFECTIVE ad.
Online advertising on the Internet leaves a lot to be
desired. We have ads that emulate Windows-warning boxes. We
have pop-ups and pop-unders. All of these are developed with
the intent to make people notice them. However, most of them
only end up irritating them. Advertisers, especially those
with small budgets, can't afford to waste money on
ineffective buys. In order to optimize your advertising
buys, you need to concentrate on improving your creative.
Here are some tips that might help:
Step 1: Define clear goals of your advertising campaign
The most important aspect of any advertising campaign is to
have a clear objective in mind. You may be targeting a
specific group of people, your initial aim may be to target
at least 1000 internet surfers and so on and so forth. Have
a well defined, clear purpose.
Step 2: Identify the most effective sites for achieving your
goals
Sites that are most relevant to your product or service
will, more than likely, be your best bet; but also consider
larger sites or networks that can target the audience you're
trying to reach. They can be very cost-effective. If you
have multiple products or services that appeal to various
target markets, you'll have to consider sites that reach all
those various segments.
Step 3: Craft your message to fit the needs of the audience
you're targeting
This comes down to understanding the audience of the sites
you're advertising on. The message you use on a technology
site to appeal to technologically savvy customers won't have
the same appeal for visitors on a small-business site. Focus
your campaign.
Step 4: Content of your Ad
Pay particular attention to the content of the Ad. The
content should be such that it clearly distinguishes your
product or service from your competitors’. Have a catchy
headline. The headline is probably the most important part
of the Ad – It is the customer puller.
Step 5: Formulate the specific promotional messages that
correspond to your goals
The promotional messages should concentrate on the major
selling points of your product or service and have a strong
call-to-action.
Step 6: Make the desired action clearly visible
This certainly doesn't mean the desired action should
necessarily blink, bounce or do flips, but it should be
visible within an accepted format for the media you're
using. In the case of the Internet, underlined text links,
"click here" text entry boxes, and pull-down menus are all
ways you can make the desired action clearly visible.
Step 7: Design the ad so it looks like it belongs on the
sites where you're advertising
For instance, you may want to use the site's font faces in
your text, color schemes in your background, font color
choices overall, and emulate images where appropriate. Try
to conform to the environment so potential customers
visiting the site don't gasp in shock when they see your ad.
Step 8: Produce multiple versions of each ad
Create three or four versions of each ad, changing the
promotional message, call-to-action, font faces and color
schemes. This is especially important if you're doing price
testing or gauging reaction to specific promotions. By
splitting your advertising buy among the various versions of
your creative, you can then start to optimize your buy based
on the message that works best.
With these tips, you will not only be able to create an ad,
but you will be able to create an effective ad that does
what it is supposed to do – sell your products and services.
Talk to you soon!
Advertising in newsletters
We discussed earlier the advantages of having advertising
space in your newsletters. In this article we will discuss
advertising in other companies’ newsletters and how it can
be as equally beneficial.
By advertising in other newsletters, you can reach an
audience which is highly targeted and cost effective.
Moreover, you can never be accused of spamming as all the
recipients have subscribed to the newsletter. There are so
many newsletters out there covering so many different topics
that it's easy to find highly targeted ones to advertise in.
So if you've matched the newsletter to the product you're
selling, you've reached your target audience to a tee.
Almost all newsletters are archived, thousands of people
read these archives, and your ad will be seen by these
people at no extra cost. This can bring in exposure and
extra sales on a long term basis. Besides, newsletter
publishers may have already developed a trust between
themselves and their readers. Just by placing your ad in the
newsletter, it's more likely to be read because it appears
in a publication they like and trust.
Newsletter advertising is not only effective, it's cheap as
well. A 5 line ad in a newsletter that goes to 3000 people
will cost you between $5 and $25 per issue. With so little
risk involved, this is definitely worth it.
Buying Ads in Other Newsletters
Just as you can sell advertising, you can also buy
advertising in newsletters. You can use those ads to promote
your business or to invite people who read newsletters to
read your own.
Again, you have to pick your partners carefully. There’s no
point just picking a newsletter with the cheapest rates; you
want to make sure you choose an outlet that appeals to the
same buyers as you. You also need to think about where your
ad is going to be placed. In general, the higher the
position the better. And the more the merrier too. Don’t
expect a huge response from a single ad. It’s always best to
think of advertising in terms of a campaign. You’ll get a
better deal—and better results—if you reserve an advertising
slot for four or five issues than if you buy them one at a
time.
That’s it for today. I hope you found this article
useful. Until next time…take care of yourself.
space in your newsletters. In this article we will discuss
advertising in other companies’ newsletters and how it can
be as equally beneficial.
By advertising in other newsletters, you can reach an
audience which is highly targeted and cost effective.
Moreover, you can never be accused of spamming as all the
recipients have subscribed to the newsletter. There are so
many newsletters out there covering so many different topics
that it's easy to find highly targeted ones to advertise in.
So if you've matched the newsletter to the product you're
selling, you've reached your target audience to a tee.
Almost all newsletters are archived, thousands of people
read these archives, and your ad will be seen by these
people at no extra cost. This can bring in exposure and
extra sales on a long term basis. Besides, newsletter
publishers may have already developed a trust between
themselves and their readers. Just by placing your ad in the
newsletter, it's more likely to be read because it appears
in a publication they like and trust.
Newsletter advertising is not only effective, it's cheap as
well. A 5 line ad in a newsletter that goes to 3000 people
will cost you between $5 and $25 per issue. With so little
risk involved, this is definitely worth it.
Buying Ads in Other Newsletters
Just as you can sell advertising, you can also buy
advertising in newsletters. You can use those ads to promote
your business or to invite people who read newsletters to
read your own.
Again, you have to pick your partners carefully. There’s no
point just picking a newsletter with the cheapest rates; you
want to make sure you choose an outlet that appeals to the
same buyers as you. You also need to think about where your
ad is going to be placed. In general, the higher the
position the better. And the more the merrier too. Don’t
expect a huge response from a single ad. It’s always best to
think of advertising in terms of a campaign. You’ll get a
better deal—and better results—if you reserve an advertising
slot for four or five issues than if you buy them one at a
time.
That’s it for today. I hope you found this article
useful. Until next time…take care of yourself.
A few avoidable errors when promoting your affiliate program
In this article, I have listed a quick and easy bulleted
list of does and do not’s when trying to promote your
affiliate program.
* Many affiliate marketers make a huge mistake of posting
their ads on forums. Forums can be used to promote your
affiliate programs and your website but in a proper
manner.
Posting banners is very similar to spamming and may
easily
upset forum administrators.
* Always do your research before promoting your affiliate
program to a potential customer. Do not offer affiliate
programs to visitors who are not at all interested in
the products associated with the program. This is a
futile endeavor.
* If you promote affiliate programs offered by other
merchants, ensure that you develop your own advertising
copy. Many websites commit a common mistake of using the
same advertising copy as used by the merchant
themselves.
* Avoid Copyright infringement in all cases. Always use
original content or ask permission to use graphic images
or text found on other websites.
* Do not submit your programs to free websites. These may
be free but your programs would hardly ever be noticed,
especially by Search Engines. Moreover, your own ranking
would get lowered if you submit your affiliate programs
to such websites.
* Avoid using caps on your web page or email ad. Using
caps is symbolic to shouting, which never goes well with
potential customers. A few words may be written in
capital text to give them additional emphasis. However,
such practice should be limited.
* Always respond to all queries sent by visitors as soon
as possible. A slight delay in your response could
easily result in loss of a potential client.
* Do not use pop-up ads along with your webpage. Most
surfers are likely to close their browser if they come
across pop-ups.
* Do not host your website on a free server or use free
email accounts. This gives a negative impression to
visitors. Using free hosts and email accounts looks
cheesy and loses sales.
* Many websites do not have an opt-in list. Create an
opt-in and opt-out list for your visitors. Without
these,there is no way of tracking potential customers.
Visitors should be allowed to opt-in at any time
as well as opt-out at any time.
* Most sites have a poor tracking mechanism. It is
essential that you track all business activities.
Accurate record keeping is crucial. There are many
software tools, discussed earlier in this chapter,
than can automate your record keeping process with
minimal error.
* A 'mall' site is best used as a central hub to send
visitors to your other domains. As a main or only site,
unfocused mall sites don't get traffic from the engines,
and they don't convert well to sales. Highly focused
theme sites attract traffic and sales.
* Offline advertising may not be effective. A lot of money
and effort should not be wasted on offline advertising.
Most people rarely check websites that are advertised in
local magazines or newspapers.
* Avoid focus on animated banner ads. These simply use up
bandwidth, thus making web pages load slower.
* While advertising do not degrade other competitors. It
is recommended that you highlight your products’
uniqueness and superiority but never mortify other
products.
* Banners or text links that expire are guaranteed to
eventually send your visitor to a broken link or show a
broken graphic on your page. Time sensitive advertising
is best used only in email advertising campaigns.
* Never put affiliate links on your homepage. This is
similar to asking your visitors to leave immediately.
Give them a chance to browse, sign up for your
newsletter and decide that they'd like to come back
to your place before introducing them to your
affiliates.
* Technology changes with amazing speed. To keep up with
this rapidly evolving industry, you must invest time and
money in research. The investment is a tax write-off,
and will pay you back many times over in additional
revenue.
Hopefully this list has proven helpful to you and has shown
you some red flags to avoid when it comes time to promote
your own affiliate site. Good luck and take care.
list of does and do not’s when trying to promote your
affiliate program.
* Many affiliate marketers make a huge mistake of posting
their ads on forums. Forums can be used to promote your
affiliate programs and your website but in a proper
manner.
Posting banners is very similar to spamming and may
easily
upset forum administrators.
* Always do your research before promoting your affiliate
program to a potential customer. Do not offer affiliate
programs to visitors who are not at all interested in
the products associated with the program. This is a
futile endeavor.
* If you promote affiliate programs offered by other
merchants, ensure that you develop your own advertising
copy. Many websites commit a common mistake of using the
same advertising copy as used by the merchant
themselves.
* Avoid Copyright infringement in all cases. Always use
original content or ask permission to use graphic images
or text found on other websites.
* Do not submit your programs to free websites. These may
be free but your programs would hardly ever be noticed,
especially by Search Engines. Moreover, your own ranking
would get lowered if you submit your affiliate programs
to such websites.
* Avoid using caps on your web page or email ad. Using
caps is symbolic to shouting, which never goes well with
potential customers. A few words may be written in
capital text to give them additional emphasis. However,
such practice should be limited.
* Always respond to all queries sent by visitors as soon
as possible. A slight delay in your response could
easily result in loss of a potential client.
* Do not use pop-up ads along with your webpage. Most
surfers are likely to close their browser if they come
across pop-ups.
* Do not host your website on a free server or use free
email accounts. This gives a negative impression to
visitors. Using free hosts and email accounts looks
cheesy and loses sales.
* Many websites do not have an opt-in list. Create an
opt-in and opt-out list for your visitors. Without
these,there is no way of tracking potential customers.
Visitors should be allowed to opt-in at any time
as well as opt-out at any time.
* Most sites have a poor tracking mechanism. It is
essential that you track all business activities.
Accurate record keeping is crucial. There are many
software tools, discussed earlier in this chapter,
than can automate your record keeping process with
minimal error.
* A 'mall' site is best used as a central hub to send
visitors to your other domains. As a main or only site,
unfocused mall sites don't get traffic from the engines,
and they don't convert well to sales. Highly focused
theme sites attract traffic and sales.
* Offline advertising may not be effective. A lot of money
and effort should not be wasted on offline advertising.
Most people rarely check websites that are advertised in
local magazines or newspapers.
* Avoid focus on animated banner ads. These simply use up
bandwidth, thus making web pages load slower.
* While advertising do not degrade other competitors. It
is recommended that you highlight your products’
uniqueness and superiority but never mortify other
products.
* Banners or text links that expire are guaranteed to
eventually send your visitor to a broken link or show a
broken graphic on your page. Time sensitive advertising
is best used only in email advertising campaigns.
* Never put affiliate links on your homepage. This is
similar to asking your visitors to leave immediately.
Give them a chance to browse, sign up for your
newsletter and decide that they'd like to come back
to your place before introducing them to your
affiliates.
* Technology changes with amazing speed. To keep up with
this rapidly evolving industry, you must invest time and
money in research. The investment is a tax write-off,
and will pay you back many times over in additional
revenue.
Hopefully this list has proven helpful to you and has shown
you some red flags to avoid when it comes time to promote
your own affiliate site. Good luck and take care.
Setting up Your Own Affiliate Program (part two)
This article is the second of a two part series on setting
up your own affiliate program. In addition to starting an
affiliate program, you must manage it and keep track of it.
The following information will show you how
Managing and tracking your affiliate programs
The key to any business is to promote your products and
services to people who need them. Your affiliate business is
no different. In order to earn commissions you must put your
products in front of the people who need them. The beauty of
marketing affiliate programs is that it is anybody’s ball
game. This is the one place you can burrow deep into your
own niche and stick it to the so-called 'big wigs'.
You may create your own affiliate program or you may promote
other popular affiliate programs that are related to your
product or service. The best way to manage and track
affiliate programs is by creating your own affiliate program
website. This is where you can list all your affiliate
programs.
Staying Organized
There are many affiliate networks that provide multiple
affiliate programs and merchants. Keeping a track of all
affiliate programs in a single network is easy. You would
generally be given one username and password as well as a
single interface that controls all the programs. However, if
you have many of your own affiliate programs or you promote
several stand-alone affiliate programs from your website,
the task of staying organized becomes a bit more complex.
There are many software programs available on the Internet
that organize and keep track of all data associated with
affiliate programs. Some of these are My Affiliate Program
2000 and Affiliate Assistant 1.0. These programs maintain
databases pertaining to information about all your affiliate
programs. A typical database would consist of the following
fields:
* Program Name
* Date joined or created
* Contact Name
* URL
* Email Address
* ID
* Password
* 1st Tier Percent
* 1st Tier Sale
* 2nd Tier Percent
* 2nd Tier Sale
* Total Income
* Additional comments
Once the program information has been entered, you can add
information about individual sales made and checks received.
The program then keeps track of sales to date, amount
collected and receivables. Besides, some of the advanced
software programs also provide analysis and comparison tools
for all affiliate programs. If you take the time to input
collected data about clicks, sales, and page views,
impressions, emails sent etc. from your various campaigns
and enter all of it into the program, it will show you:
* Click to Sale Ratios
* Impression to Sale Ratios
* Amount Earned Per Impression
* Amount Earned Per Click
Apart from these are a few other tips that might help you
manage your affiliate programs.
* Always ensure that your website is up and running. On a
Daily basis type your URL into your browser's address bar,
refresh the page and find out. The danger in not knowing
that your site is down comes when you are running a pay per
click advertising campaign. The click costs add up whether
your site is functional or not. If your site is down, you
are paying for advertising, but no one is buying.
* Check your statistics daily, maybe even twice a day. This
will give you a better idea of your income trends and also
highlight affiliate programs that bring your business. Visit
the statistics interface for each network and individual
affiliate partner and input your total revenues into any
accounting software. Using such software frequently will
also keep you informed as to whether certain checks have
become overdue.
* Be prompt in answering any queries from affiliate partners
or customers, especially when these are about your products
or services. This probably means that the customer trusts
your site and is thinking of buying your product.
* One of the main aspects of any affiliate program is
residual income. You've got to make the most of each and
every customer you receive. The best way to do this is by
promoting affiliate programs that offer residual commission.
* This allows you to repeatedly get paid for work you do
once. For example, if a visitor arrives at your site and
purchases auto responder services, newsletter subscriptions,
ISP/hosting services, you will collect a portion of the
monthly fees for as long as they remain a paying customer.
Membership sites are a good way to collect residual
commissions and are steadily growing in popularity. There
are many affiliate programs that offer residual commission.
* A well placed recommendation placed at the end of an
outgoing email can bring in extra sales. Target your
audience, what are their specific needs? If you can offer
them a product they need/want, often times the end result
will be a sale.
* Finally, track all your affiliate links. The best way to
accomplish this is by setting up tracking software for your
affiliate links. There are a number of scripts that will do
the job. Most tracking programs typically allow you to setup
tracking links for any product you promote, telling you how
many hits each product has received, and where the hits are
coming from. A more detailed view of tracking and analysis
is given in the section below.
* It is not enough to have a few banners and classified ads.
You must provide as much help as possible for your
associates if you want them to be successful. You should
have tested and proven endorsements, testimonials, sig
files, ezine ads, and other unique tools and techniques. You
must also make yourself available, either through email or
the phone, to help your affiliates implement these tools and
to answer any questions they may have.
* Whether you run your own or participate in an affiliate
program, you must be able to determine what methods work
best in a particular medium. For instance, which ezine ads
work best and in what ezine; which banner ads produce the
greatest clickthroughs and from which sites or banner
exchanges; and where on your website is the most effective
spot to include a testimonial.
* Some affiliate programs, have implemented unique payment
procedures to get affiliates their commission checks on a
timely basis. Some of these procedures include: online
electronic payment services, direct bank deposits and checks
by fax. If you can solidify your payment procedures from the
start, you will save yourself an administrative headache and
more importantly, keep your affiliates happy and working to
promote your program.
This concludes my series on starting your own affiliate
program. This information should be all you need to start,
manage and track your own affiliate program.
up your own affiliate program. In addition to starting an
affiliate program, you must manage it and keep track of it.
The following information will show you how
Managing and tracking your affiliate programs
The key to any business is to promote your products and
services to people who need them. Your affiliate business is
no different. In order to earn commissions you must put your
products in front of the people who need them. The beauty of
marketing affiliate programs is that it is anybody’s ball
game. This is the one place you can burrow deep into your
own niche and stick it to the so-called 'big wigs'.
You may create your own affiliate program or you may promote
other popular affiliate programs that are related to your
product or service. The best way to manage and track
affiliate programs is by creating your own affiliate program
website. This is where you can list all your affiliate
programs.
Staying Organized
There are many affiliate networks that provide multiple
affiliate programs and merchants. Keeping a track of all
affiliate programs in a single network is easy. You would
generally be given one username and password as well as a
single interface that controls all the programs. However, if
you have many of your own affiliate programs or you promote
several stand-alone affiliate programs from your website,
the task of staying organized becomes a bit more complex.
There are many software programs available on the Internet
that organize and keep track of all data associated with
affiliate programs. Some of these are My Affiliate Program
2000 and Affiliate Assistant 1.0. These programs maintain
databases pertaining to information about all your affiliate
programs. A typical database would consist of the following
fields:
* Program Name
* Date joined or created
* Contact Name
* URL
* Email Address
* ID
* Password
* 1st Tier Percent
* 1st Tier Sale
* 2nd Tier Percent
* 2nd Tier Sale
* Total Income
* Additional comments
Once the program information has been entered, you can add
information about individual sales made and checks received.
The program then keeps track of sales to date, amount
collected and receivables. Besides, some of the advanced
software programs also provide analysis and comparison tools
for all affiliate programs. If you take the time to input
collected data about clicks, sales, and page views,
impressions, emails sent etc. from your various campaigns
and enter all of it into the program, it will show you:
* Click to Sale Ratios
* Impression to Sale Ratios
* Amount Earned Per Impression
* Amount Earned Per Click
Apart from these are a few other tips that might help you
manage your affiliate programs.
* Always ensure that your website is up and running. On a
Daily basis type your URL into your browser's address bar,
refresh the page and find out. The danger in not knowing
that your site is down comes when you are running a pay per
click advertising campaign. The click costs add up whether
your site is functional or not. If your site is down, you
are paying for advertising, but no one is buying.
* Check your statistics daily, maybe even twice a day. This
will give you a better idea of your income trends and also
highlight affiliate programs that bring your business. Visit
the statistics interface for each network and individual
affiliate partner and input your total revenues into any
accounting software. Using such software frequently will
also keep you informed as to whether certain checks have
become overdue.
* Be prompt in answering any queries from affiliate partners
or customers, especially when these are about your products
or services. This probably means that the customer trusts
your site and is thinking of buying your product.
* One of the main aspects of any affiliate program is
residual income. You've got to make the most of each and
every customer you receive. The best way to do this is by
promoting affiliate programs that offer residual commission.
* This allows you to repeatedly get paid for work you do
once. For example, if a visitor arrives at your site and
purchases auto responder services, newsletter subscriptions,
ISP/hosting services, you will collect a portion of the
monthly fees for as long as they remain a paying customer.
Membership sites are a good way to collect residual
commissions and are steadily growing in popularity. There
are many affiliate programs that offer residual commission.
* A well placed recommendation placed at the end of an
outgoing email can bring in extra sales. Target your
audience, what are their specific needs? If you can offer
them a product they need/want, often times the end result
will be a sale.
* Finally, track all your affiliate links. The best way to
accomplish this is by setting up tracking software for your
affiliate links. There are a number of scripts that will do
the job. Most tracking programs typically allow you to setup
tracking links for any product you promote, telling you how
many hits each product has received, and where the hits are
coming from. A more detailed view of tracking and analysis
is given in the section below.
* It is not enough to have a few banners and classified ads.
You must provide as much help as possible for your
associates if you want them to be successful. You should
have tested and proven endorsements, testimonials, sig
files, ezine ads, and other unique tools and techniques. You
must also make yourself available, either through email or
the phone, to help your affiliates implement these tools and
to answer any questions they may have.
* Whether you run your own or participate in an affiliate
program, you must be able to determine what methods work
best in a particular medium. For instance, which ezine ads
work best and in what ezine; which banner ads produce the
greatest clickthroughs and from which sites or banner
exchanges; and where on your website is the most effective
spot to include a testimonial.
* Some affiliate programs, have implemented unique payment
procedures to get affiliates their commission checks on a
timely basis. Some of these procedures include: online
electronic payment services, direct bank deposits and checks
by fax. If you can solidify your payment procedures from the
start, you will save yourself an administrative headache and
more importantly, keep your affiliates happy and working to
promote your program.
This concludes my series on starting your own affiliate
program. This information should be all you need to start,
manage and track your own affiliate program.
Setting up Your Own Affiliate Program (part one)
This week we will start the first of a two part series on
starting your own affiliate program. Joining an affiliate
program is a neat way to make money from your users. But
just as you can join someone else’s affiliate program, so
you can set up your own program and invite webmasters to
sign up.
So…what would that bring you? The same as you’re bringing
your affiliate partners: deals. Every time someone sends you
a user who gives you money, you give a portion of that money
to your affiliate. It’s an easy way to generate traffic and
earn cash.
And you don’t need to be a programming genius to set up an
affiliate program. There are a whole bunch of companies out
there that offer entire affiliate kits right off the shelf.
Ultimate Affiliate lets you run a fully featured affiliate
program from your website. It integrates with virtually
every payment method, awards down-line commissions, and can
handle high-traffic websites. You can edit the sign-up form
to match the "look and feel” of your site as well as delete
some of the optional fields. The administration area allows
you to edit affiliates and commissions, create printable
reports of money due, export the data to a text file, view
the traffic through your affiliate program, and much more.
Your affiliates can log in at any time and see their traffic
and commission statistics as well as change their
information and get links and banner code.
Once the program is set up you'll only need to log in once a
month to print out a list of the affiliates, their
addresses, and the money owed. You can do this quarterly if
you wish. You can export the payments owed to a text file in
PayPal's "mass pay" format and then just upload it to your
PayPal account to pay everyone automatically. Or, you can
simply write your own checks. If you have to pay a lot of
commissions, there is a check printing service called
qchex.com. Upload the file and they’ll print and mail your
checks for a fee of about 80 cents each.
Alternatively, Locked Area Pro is an advanced member's area
management system offering very good security that’s easy to
maintain. The system provides a huge list of useful features
including automated sign-up, user account validation,
optional random password generation and an administration
approve/decline account feature. It also comes with an
extremely powerful control panel with an online
administration of users, backup, and full customization
facilities from the browser. A statistics system is also in
built in. What more could you want?
5.3 Cooking off the Spam
Any time you run a program where your affiliates rely on
other signups to generate profits, you will eventually have
a problem with spam. One of your affiliates will inevitably
get it into their head to blitz the Web with unwanted
garbage.
When this happens you need to be ready to take
action—otherwise it will cost you! Your Internet company can
boot you off your server and you can find yourself
blacklisted. Not good for business. If you get an email from
someone claiming they received spam with your URL, then take
it as an early warning. I am not advising you to immediately
terminate the affiliate’s account, but be sure to contact
them to follow up on the complaint. Let your affiliate know
you received a complaint and advise them to remove this
person from their list.
If you only get one or two complaints, it’s probably not
spam—the complainants might simply have signed up for an
email list and forgotten all about it. You will know when
one of your affiliates is spamming, because you will get
anywhere from 10 to 100 complaints in the same day all
regarding the same URL. The best thing to do in this case is
to immediately terminate or disable the account of the
affiliate URL that was spammed.
This concludes the first installment of my two part series
on starting your own affiliate program. Stay tuned for
more.
starting your own affiliate program. Joining an affiliate
program is a neat way to make money from your users. But
just as you can join someone else’s affiliate program, so
you can set up your own program and invite webmasters to
sign up.
So…what would that bring you? The same as you’re bringing
your affiliate partners: deals. Every time someone sends you
a user who gives you money, you give a portion of that money
to your affiliate. It’s an easy way to generate traffic and
earn cash.
And you don’t need to be a programming genius to set up an
affiliate program. There are a whole bunch of companies out
there that offer entire affiliate kits right off the shelf.
Ultimate Affiliate lets you run a fully featured affiliate
program from your website. It integrates with virtually
every payment method, awards down-line commissions, and can
handle high-traffic websites. You can edit the sign-up form
to match the "look and feel” of your site as well as delete
some of the optional fields. The administration area allows
you to edit affiliates and commissions, create printable
reports of money due, export the data to a text file, view
the traffic through your affiliate program, and much more.
Your affiliates can log in at any time and see their traffic
and commission statistics as well as change their
information and get links and banner code.
Once the program is set up you'll only need to log in once a
month to print out a list of the affiliates, their
addresses, and the money owed. You can do this quarterly if
you wish. You can export the payments owed to a text file in
PayPal's "mass pay" format and then just upload it to your
PayPal account to pay everyone automatically. Or, you can
simply write your own checks. If you have to pay a lot of
commissions, there is a check printing service called
qchex.com. Upload the file and they’ll print and mail your
checks for a fee of about 80 cents each.
Alternatively, Locked Area Pro is an advanced member's area
management system offering very good security that’s easy to
maintain. The system provides a huge list of useful features
including automated sign-up, user account validation,
optional random password generation and an administration
approve/decline account feature. It also comes with an
extremely powerful control panel with an online
administration of users, backup, and full customization
facilities from the browser. A statistics system is also in
built in. What more could you want?
5.3 Cooking off the Spam
Any time you run a program where your affiliates rely on
other signups to generate profits, you will eventually have
a problem with spam. One of your affiliates will inevitably
get it into their head to blitz the Web with unwanted
garbage.
When this happens you need to be ready to take
action—otherwise it will cost you! Your Internet company can
boot you off your server and you can find yourself
blacklisted. Not good for business. If you get an email from
someone claiming they received spam with your URL, then take
it as an early warning. I am not advising you to immediately
terminate the affiliate’s account, but be sure to contact
them to follow up on the complaint. Let your affiliate know
you received a complaint and advise them to remove this
person from their list.
If you only get one or two complaints, it’s probably not
spam—the complainants might simply have signed up for an
email list and forgotten all about it. You will know when
one of your affiliates is spamming, because you will get
anywhere from 10 to 100 complaints in the same day all
regarding the same URL. The best thing to do in this case is
to immediately terminate or disable the account of the
affiliate URL that was spammed.
This concludes the first installment of my two part series
on starting your own affiliate program. Stay tuned for
more.
Tuesday, October 28, 2008
Creating A Home-Based Business Online Opportunity
There are many different ways that you can create a home-based online opportunity. Within this article today we are going to look at creating a home-based online business opportunity.
The first one that we will look at is to become a freelance writer. This is a very good way for you to make money if you need some part-time income but it is not as something that you can do on a full-time basis. It is often hard because there are so many writers out there that the amount of money one can make off of freelancing might not be enough to pay the bills. This can be a great way to start and get your feet wet working online because you'll have several different opportunities to learn about different areas of the Internet. Many authors have been given the opportunity to write and learn about different subjects such as writing for e-zines and other online opportunities. This can make you more savvy about the Internet and how you could further create a home-based online business opportunity through your talent and insights from your freelancing experience. If you are interested in learning more about freelance writing, you should look into directfreelance.com or freelanceworkexchange.com. I would highly recommend looking at freelanceworkexchange.com because if you join for a week, you can see a variety of jobs that they have to offer as well as be able to download an in-depth ebook on how to make good money freelancing. This e-book is very valuable and gives you some good ideas to make extra money freelancing or how to market yourself adequately as a freelancer.
Another way you can work in creating a home-based online business opportunity is to work on building a website built around a particular theme or niche. This does not take a great deal of money and if you work at this, it can build up into a very nice part-time or full-time income for you. You may not see instantaneous results but if you take time every day to work on developing your website you'll be pleased with the end result. If you want to find some underserved niches that are in need of a good website to be built around this, take a look at the following website: www.findhotniches.com. This website will give you particular information on how to build a website and a niche as well as particular niches that need some development. You are given all the tools and you have to take your time and develop a website.
Hopefully this article today on creating a home-based online business opportunity is giving you some food for thought. We only looked into a couple of possible suggestions but if you take the lessons learned here and search the Internet and keep an open mind, you can find anything that can possibly interest you. If you look the website www.clickbank.com and look around at the different products, you may find an affiliate program that you may want to market as well. What is great about this particular website is that everything is already set up as far as products are related and all you have to do is figure out how to sell the product. This will go back to you learning more about Internet marketing and about the different strategies that you can do for this.
Wednesday, October 22, 2008
Getting Rich from Affiliate Programs
Some times it pays to work with others. In this article we
will discuss how to make money with affiliate programs.
Affiliate programs (also called Referral Programs or
Partnership Programs) are essentially commission-based sales
schemes. You recommend a site to your users and pick up a
percentage of any sales those users generate. You benefit
from the commission and the site benefits from sales it
wouldn’t otherwise have made. If you’ve ever gone to a
website and seen links to Amazon, those were affiliate
links.
You can run an affiliate program from a site you’ve already
set up, or create a site specially to promote a product or
service. As long as it brings in more cash than you spend on
building it and buying traffic, you’re laughing.
Affiliate ads work two ways: you can join them to make
money, or you can run one to attract users.
Joining An Affiliate Program
As with any marketing venture, you need to be careful in the
selection of an affiliate program. The benefit of an
affiliate program is that it gives you another way to make
money from your users. Instead of selling them a product
yourself, you send them to a partner and take a cut.
On the downside though, your affiliate ads will take the
place of a different ad that you could have put in that same
spot. You have to make sure that each advertising position
on your site is bringing in the maximum revenue possible. If
you’re not getting the most from your site, you’re tossing
money away.
The key to success is to choose the right program, right
from the beginning.
Now, a lot of commercial sites run affiliate programs.
That’s because they know that they only have to pay a
commission if a sale is actually made; it’s a proven way to
generate revenue without risk. What that means for you is
that when it comes to choosing an affiliate program, you’re
going to have a huge range to choose from. What it all boils
down to though is product and price.
While it might be tempting to go for the program that pays
the highest commissions, the program won’t pay you a penny
if your users won’t go there or won’t buy once they get
there. You have to be certain that the service you’re
promoting is of genuine interest to the kind of users you
buy, whether you’re buying them from search engines or
anywhere else.
Sure, you can work backwards: You find a high-paying
affiliate program and create a small site to send users to
it, but do you know where to buy users for a program like
that? You’re going to have to research the field, check out
the most popular sites, and negotiate banner campaigns and
link exchanges.
That’s fine if you want to invest the time and the effort.
But it’s much easier to find an affiliate program operating
in a field you’re familiar with, and use that program to
earn extra cash.
For example, suppose you had set up a dating site. You might
make bit of money selling subscriptions, but you might make
even more by joining Match.com’s affiliate program and
selling them your users. Unless you’re planning to be the
Internet’s biggest dating site, you’re not going to be able
to compete directly and beat them, but you can join them—and
earn money.
Or rather than sell your users directly to a ‘competitor’,
you can look for services that complement your own. Visitors
to your dating site, for example, might be interested in
buying flowers, books on relationships or tickets on singles
cruises. Instead of selling just one product—membership
subscriptions—you’d be selling a whole range of different
goods to the same people, and increasing the sources of your
income.
Here are some tips to selecting an affiliate program that is
lucrative and right for you:
* Don’t accept less than 25% commission. You can find
affiliate programs with great payment structures and high
percentages of the purchase price in just about every
field.
* Look for comprehensive statistics pages that list the
number of click-throughs, sales and earnings so you can
see
how you’re doing. The information should be broken down
by month.
* Look for programs that offer a wide variety of
promotional tools to put on your Web page, including text
links, banners and graphics.
* Find out how often you will be paid and make sure that
the payment schedule meets your expectations. Some
programs pay
monthly, others quarterly; which is best for you?
* Look for examples of marketing methods that successful
affiliates are using to get the best results.
* Make sure that top level support is given. If they can’t
answer your questions promptly and intelligently, you
don’t want to work with them.
Affiliate programs offer a viable solution to competing
against larger competitors and still make money. As the
saying goes, if you can’t beat them, joint them!
Until next time,
Warmly,
Iyunk77
will discuss how to make money with affiliate programs.
Affiliate programs (also called Referral Programs or
Partnership Programs) are essentially commission-based sales
schemes. You recommend a site to your users and pick up a
percentage of any sales those users generate. You benefit
from the commission and the site benefits from sales it
wouldn’t otherwise have made. If you’ve ever gone to a
website and seen links to Amazon, those were affiliate
links.
You can run an affiliate program from a site you’ve already
set up, or create a site specially to promote a product or
service. As long as it brings in more cash than you spend on
building it and buying traffic, you’re laughing.
Affiliate ads work two ways: you can join them to make
money, or you can run one to attract users.
Joining An Affiliate Program
As with any marketing venture, you need to be careful in the
selection of an affiliate program. The benefit of an
affiliate program is that it gives you another way to make
money from your users. Instead of selling them a product
yourself, you send them to a partner and take a cut.
On the downside though, your affiliate ads will take the
place of a different ad that you could have put in that same
spot. You have to make sure that each advertising position
on your site is bringing in the maximum revenue possible. If
you’re not getting the most from your site, you’re tossing
money away.
The key to success is to choose the right program, right
from the beginning.
Now, a lot of commercial sites run affiliate programs.
That’s because they know that they only have to pay a
commission if a sale is actually made; it’s a proven way to
generate revenue without risk. What that means for you is
that when it comes to choosing an affiliate program, you’re
going to have a huge range to choose from. What it all boils
down to though is product and price.
While it might be tempting to go for the program that pays
the highest commissions, the program won’t pay you a penny
if your users won’t go there or won’t buy once they get
there. You have to be certain that the service you’re
promoting is of genuine interest to the kind of users you
buy, whether you’re buying them from search engines or
anywhere else.
Sure, you can work backwards: You find a high-paying
affiliate program and create a small site to send users to
it, but do you know where to buy users for a program like
that? You’re going to have to research the field, check out
the most popular sites, and negotiate banner campaigns and
link exchanges.
That’s fine if you want to invest the time and the effort.
But it’s much easier to find an affiliate program operating
in a field you’re familiar with, and use that program to
earn extra cash.
For example, suppose you had set up a dating site. You might
make bit of money selling subscriptions, but you might make
even more by joining Match.com’s affiliate program and
selling them your users. Unless you’re planning to be the
Internet’s biggest dating site, you’re not going to be able
to compete directly and beat them, but you can join them—and
earn money.
Or rather than sell your users directly to a ‘competitor’,
you can look for services that complement your own. Visitors
to your dating site, for example, might be interested in
buying flowers, books on relationships or tickets on singles
cruises. Instead of selling just one product—membership
subscriptions—you’d be selling a whole range of different
goods to the same people, and increasing the sources of your
income.
Here are some tips to selecting an affiliate program that is
lucrative and right for you:
* Don’t accept less than 25% commission. You can find
affiliate programs with great payment structures and high
percentages of the purchase price in just about every
field.
* Look for comprehensive statistics pages that list the
number of click-throughs, sales and earnings so you can
see
how you’re doing. The information should be broken down
by month.
* Look for programs that offer a wide variety of
promotional tools to put on your Web page, including text
links, banners and graphics.
* Find out how often you will be paid and make sure that
the payment schedule meets your expectations. Some
programs pay
monthly, others quarterly; which is best for you?
* Look for examples of marketing methods that successful
affiliates are using to get the best results.
* Make sure that top level support is given. If they can’t
answer your questions promptly and intelligently, you
don’t want to work with them.
Affiliate programs offer a viable solution to competing
against larger competitors and still make money. As the
saying goes, if you can’t beat them, joint them!
Until next time,
Warmly,
Iyunk77
Monday, October 20, 2008
Creating an effective newsletter
Creating a successful newsletter can be extremely rewarding.
Subscribers and customers respond with glowing feedback,
online sales jump and your customer relationships and brand
loyalty deepens. Here are some useful tips that might help
in creating a successful newsletter.
Define Success
Ask yourself “What is the purpose of your newsletter?” A
newsletter is a substantial investment of company resources
in terms of time and energy, and you need to define in as
tangible terms as possible the purpose of your Newsletter.
Voice and Personality
Establish a voice or editorial personality – whether newsy,
serious, gossipy or funny – that is synergistic with the
image you want to portray and connects with your audience.
Remember that email newsletters aren't email promotions
designed to stimulate immediate action. Sales and
promotional copy don't suit e-newsletters. Nor does the
traditional tone of broadcast corporate communications.
Think of your newsletter as a one-on-one conversation. Just
imagine sitting in a coffee shop talking informally with a
customer. That's the starting point for your approach--a
more personable and appropriate "human" voice will come
naturally. Drop the jargon, drop the sales pitch, be as
honest as you can, and talk like a human being.
You can have as much or as little personality as is
appropriate. Consider adding a brief editorial, a comment or
two, an editor's note, a couple of lines of commentary, a
touch of opinion; adding a little human element here and
there. Sign editorials, give authors a byline, or list some
names down in the administrative section of each issue to
which your readers can relate to.
From Line
Whether a person’s name, name of the newsletter or company
name – determine what will resonate best with your readers
and stay with it.
Subject Line
“Vol. 1, Issue #8” or “Company News” are not enticing
subject lines. They are certainly consistent and simple, but
they don’t tell your readers anything that will motivate
them to open your email. Your subject line is your calling
card - entice your readers with the most interesting or
intriguing information in your Newsletter..
Style/Format
Establish a format and layout of your Newsletter that is
clean and simple, with elements of the Newsletter (table of
contents; “Tips”, subscription information, etc. located in
the same spot each issue).
Content
Figure out what your readers want and give it to them. Seek
continuous improvement by obtaining reader feedback and
monitoring click-through rates to determine what types of
articles are most popular.
Another dilemma that we all confront is too much information
and too little time. The newsletter’s job is to keep readers
on top of trends and the latest developments in the
industry. Aim for articles and feature stories to meet one
of the following criteria by including either: major
industry occurrences, forward thinking industry ideas,
education on issues or new techniques, or business
opportunities.
Whether your customers work out of a corporate or home
office, employees need answers to questions and tips for
improving business activities. E-newsletters provide you
with an opportunity to point out work inefficiencies, and
share relevant best practice. When you create a newsletter,
try changing your focus from selling products and services
to solving your customers’ problems. Think about what they
need and give options they don’t know exist
Frequency
Determine how frequently your readers want to hear from
you/receive your Newsletter – and what you can commit to. As
a thumb rule, a weekly newsletter is ideal. However, don’t
launch a weekly newsletter if you are not absolutely certain
that you can distribute a quality Newsletter every week. A
fortnightly newsletter is a good option too.
Timing
Test and pick a day and time that works best ...and stick to
it. Readers should almost be able to set their watches by
the receipt time of your Newsletter.
Make it Viral
Provide information readers can act on or that stimulates
reaction – forwarding it to friends and peers, stimulating
purchases or requests for additional information. Make it
easy for readers to forward articles and information to
peers and friends. Provide a “Forward to a Friend” link that
enables readers to forward the Newsletter with a
personalized note.
Search
Make it easy to find articles of interest and back issues.
Provide a table of contents and links to articles within the
newsletter and to resources and past Articles on your site.
Printing
Consider providing “printer-friendly formats” on your Web
site.
Personalize
At minimum address the reader by name. The most successful
newsletters have a human being associated with them...and a
personality. If possible, your Newsletter should be “written
by a person” at your company...not the company.
Write in layman terms with simple vocabulary
Not everyone has the vocabulary that you and editors do. Use
words that are easy-to-understand, and if you do use
technical terms, provide a definition that people can relate
to. There is nothing more frustrating then a definition that
makes less sense than the word itself.
Test
Test the Newsletter on few email addresses to check for
errors and other issues – before sending to the entire
distribution list.
If you lack experience in print media, seek out assistance
if you know someone in the field. If not, don't worry – the
above mentioned basic principles apply. Plan to research
your material thoroughly and avoid factual or editing
errors, as they will make you seem less credible.
Add hyperlinks and include updates on old material should
new information surface. The typical form of newsletter is a
one-way communication where you provide information to
customers, such as product updates and announcements. You
have the option of formatting your e-mail by including
colorized text and a variety of fonts, but not all e-mail
software supports HTML mail. Consider writing your
newsletter in plain text or offer two mailing lists- one for
plain text mailings and the other for HTML e-mail.
Make sure you Include:
* Table of Contents
* Hyperlinks for customers who want more information for a
featured topic
* Exciting secrets or tips related to your product or
service
* Contact information
E-newsletters can take up a good amount of time if not
managed correctly. The use of a list server (a piece of
software that runs on your Internet provider's computer or
on your own web server) is a good option. It will
automatically manage a list of e-mail addresses. Once you
send your newsletter to the list server, it distributes the
letter to the stored addresses. For more information on list
servers, contact your Internet service provider. If you opt
to use another method, make sure you have a plan for
handling incoming and outgoing mail when your customer base
increases.
In conclusion, your newsletter can serve as an extension of
your business that will reach out to your customers. It
will allow you to maintain regular contact with them and
serve as an effective and rewarding addition to your
marketing arsenal. These tips should help you put it all
together and help you create an exceptional newsletter.
Warmly,
Iyunk77
Subscribers and customers respond with glowing feedback,
online sales jump and your customer relationships and brand
loyalty deepens. Here are some useful tips that might help
in creating a successful newsletter.
Define Success
Ask yourself “What is the purpose of your newsletter?” A
newsletter is a substantial investment of company resources
in terms of time and energy, and you need to define in as
tangible terms as possible the purpose of your Newsletter.
Voice and Personality
Establish a voice or editorial personality – whether newsy,
serious, gossipy or funny – that is synergistic with the
image you want to portray and connects with your audience.
Remember that email newsletters aren't email promotions
designed to stimulate immediate action. Sales and
promotional copy don't suit e-newsletters. Nor does the
traditional tone of broadcast corporate communications.
Think of your newsletter as a one-on-one conversation. Just
imagine sitting in a coffee shop talking informally with a
customer. That's the starting point for your approach--a
more personable and appropriate "human" voice will come
naturally. Drop the jargon, drop the sales pitch, be as
honest as you can, and talk like a human being.
You can have as much or as little personality as is
appropriate. Consider adding a brief editorial, a comment or
two, an editor's note, a couple of lines of commentary, a
touch of opinion; adding a little human element here and
there. Sign editorials, give authors a byline, or list some
names down in the administrative section of each issue to
which your readers can relate to.
From Line
Whether a person’s name, name of the newsletter or company
name – determine what will resonate best with your readers
and stay with it.
Subject Line
“Vol. 1, Issue #8” or “Company News” are not enticing
subject lines. They are certainly consistent and simple, but
they don’t tell your readers anything that will motivate
them to open your email. Your subject line is your calling
card - entice your readers with the most interesting or
intriguing information in your Newsletter..
Style/Format
Establish a format and layout of your Newsletter that is
clean and simple, with elements of the Newsletter (table of
contents; “Tips”, subscription information, etc. located in
the same spot each issue).
Content
Figure out what your readers want and give it to them. Seek
continuous improvement by obtaining reader feedback and
monitoring click-through rates to determine what types of
articles are most popular.
Another dilemma that we all confront is too much information
and too little time. The newsletter’s job is to keep readers
on top of trends and the latest developments in the
industry. Aim for articles and feature stories to meet one
of the following criteria by including either: major
industry occurrences, forward thinking industry ideas,
education on issues or new techniques, or business
opportunities.
Whether your customers work out of a corporate or home
office, employees need answers to questions and tips for
improving business activities. E-newsletters provide you
with an opportunity to point out work inefficiencies, and
share relevant best practice. When you create a newsletter,
try changing your focus from selling products and services
to solving your customers’ problems. Think about what they
need and give options they don’t know exist
Frequency
Determine how frequently your readers want to hear from
you/receive your Newsletter – and what you can commit to. As
a thumb rule, a weekly newsletter is ideal. However, don’t
launch a weekly newsletter if you are not absolutely certain
that you can distribute a quality Newsletter every week. A
fortnightly newsletter is a good option too.
Timing
Test and pick a day and time that works best ...and stick to
it. Readers should almost be able to set their watches by
the receipt time of your Newsletter.
Make it Viral
Provide information readers can act on or that stimulates
reaction – forwarding it to friends and peers, stimulating
purchases or requests for additional information. Make it
easy for readers to forward articles and information to
peers and friends. Provide a “Forward to a Friend” link that
enables readers to forward the Newsletter with a
personalized note.
Search
Make it easy to find articles of interest and back issues.
Provide a table of contents and links to articles within the
newsletter and to resources and past Articles on your site.
Printing
Consider providing “printer-friendly formats” on your Web
site.
Personalize
At minimum address the reader by name. The most successful
newsletters have a human being associated with them...and a
personality. If possible, your Newsletter should be “written
by a person” at your company...not the company.
Write in layman terms with simple vocabulary
Not everyone has the vocabulary that you and editors do. Use
words that are easy-to-understand, and if you do use
technical terms, provide a definition that people can relate
to. There is nothing more frustrating then a definition that
makes less sense than the word itself.
Test
Test the Newsletter on few email addresses to check for
errors and other issues – before sending to the entire
distribution list.
If you lack experience in print media, seek out assistance
if you know someone in the field. If not, don't worry – the
above mentioned basic principles apply. Plan to research
your material thoroughly and avoid factual or editing
errors, as they will make you seem less credible.
Add hyperlinks and include updates on old material should
new information surface. The typical form of newsletter is a
one-way communication where you provide information to
customers, such as product updates and announcements. You
have the option of formatting your e-mail by including
colorized text and a variety of fonts, but not all e-mail
software supports HTML mail. Consider writing your
newsletter in plain text or offer two mailing lists- one for
plain text mailings and the other for HTML e-mail.
Make sure you Include:
* Table of Contents
* Hyperlinks for customers who want more information for a
featured topic
* Exciting secrets or tips related to your product or
service
* Contact information
E-newsletters can take up a good amount of time if not
managed correctly. The use of a list server (a piece of
software that runs on your Internet provider's computer or
on your own web server) is a good option. It will
automatically manage a list of e-mail addresses. Once you
send your newsletter to the list server, it distributes the
letter to the stored addresses. For more information on list
servers, contact your Internet service provider. If you opt
to use another method, make sure you have a plan for
handling incoming and outgoing mail when your customer base
increases.
In conclusion, your newsletter can serve as an extension of
your business that will reach out to your customers. It
will allow you to maintain regular contact with them and
serve as an effective and rewarding addition to your
marketing arsenal. These tips should help you put it all
together and help you create an exceptional newsletter.
Warmly,
Iyunk77
Friday, October 17, 2008
Creating And Starting An Online Business
Within this article today on creating and starting an online business, we are going to look at different ways of creating an online business for you.
There are many different online businesses that you can start but most of them come down to three broad categories which are: selling products or services to retail customers, selling on eBay, and business-to-business selling. When you are looking at creating and starting an online business, you'll want to look at what your specialty is in creative business around one of these three broad categories. If you decide that you want to sell to retail customers, you will have to find a way to sell your products or services in a different manner than many of the other retail websites out there. If you decide that you want to sell on eBay, you'll want to find a wholesale distributor of products where you can buy your products at a great discount. If you already work within the business-to-business forum, this will be an easy transition for you.
Each of these three categories can be broken into but you must decide upon which of the three will focus. Many people will decide to start an online business but have no idea where they should focus their efforts. By focusing your efforts on one of these three categories, you'll know in which direction to start. If you decide to start with eBay, look for a wholesale distributor where you can buy your products of the great discount. This is most effective for many startups because you do not have to buy the products in you can worry about selling online to people who want your product. The people who want your product will be the ones who are bidding so that you know exactly what they want when the auction is over. To find some wholesale distributors for you, look at the following website: www.worldwidebrands.com.
If you decide that you want to sell products or services to retail customers, try and find a niche that is underserved by your and your Internet competitors right now. This is when the keys to creating a starting an online retail business because you want to find an area where there is little competition that you can dominate. To find some of these underserved niches, visit the following website: www.findhotniches.com.
Finally, if you decide that you want to do business to business selling, figure out how you can provide benefit to the particular market that you want to go after. Many people work online as freelance writers and you are able to do this and potentially differ yourself from the competition if you market to one particular niche. Business-to-business selling is similar to the retail strategy in that you want to focus upon a niche and try and dominate that niche.
Hopefully this article on creating and starting an online business gives you an idea on which of the three areas you would like to focus.
Wednesday, October 15, 2008
Creating A Work Home Business Internet Online
Within this article today, we're going to look at creating a work at home business that focuses on the Internet and online. There are many different businesses that you can focus on and we will look at what you should look for within a particular business that you want to do.
There are great many opportunities for you in creating a work at home business that focus on the Internet and online. One of the best resources for you to find information about this is at www.affiliateprograms.com. You'll want to spend a great deal of time visiting this website because you can find many different affiliate programs that you can market in many different categories. Some of the categories that they have that you can market include finance and investment, food and beverage, automotive, and health and fitness. Take the time to read because each affiliate program will list their website as well as a small description on what they do and you will want to visit the website as well. If you are going to be spending a great deal of your time promoting a particular website and program, you'll want to make sure that this is worth your while. Also, with each of these particular programs, you should look at how much money you would be making by selling each of these. You'll probably find several programs that seem interesting to you so see which one peaks your interest and pays well and head for that opportunity.
As far as fair warning for what seems to be opportunities on the Web for other things, there are many different websites that promise that you can make money through either taking surveys or through posting on free forums for several hours day. This sounded good and many people have signed up and found that they have wasted a great deal of time and money in the end when trying out these so-called "opportunities. Remember to listen to your gut when you're thinking about this. There are many work-at-home scams out there so make sure to take your time in reading about what the different websites have to offer.
Another great work home business that has an online focus can be eBay. This is stressed throughout some articles on this website but it is a great tool for you to begin your career. You can learn how to write sales copy for your auctions as well as how to properly promote yourself. If you take the lessons to be learned on eBay and apply them to other Internet marketing areas, you will find yourself ready to tackle almost anything out there.
Hopefully this article on creating a work at home business that focuses on the Internet and online has been beneficial to you. When we designed this article and wrote it, we want you to know what to look for within a particular business as well as what to do for it. It is important to know what to look for as well as what to avoid.
There are great many opportunities for you in creating a work at home business that focus on the Internet and online. One of the best resources for you to find information about this is at www.affiliateprograms.com. You'll want to spend a great deal of time visiting this website because you can find many different affiliate programs that you can market in many different categories. Some of the categories that they have that you can market include finance and investment, food and beverage, automotive, and health and fitness. Take the time to read because each affiliate program will list their website as well as a small description on what they do and you will want to visit the website as well. If you are going to be spending a great deal of your time promoting a particular website and program, you'll want to make sure that this is worth your while. Also, with each of these particular programs, you should look at how much money you would be making by selling each of these. You'll probably find several programs that seem interesting to you so see which one peaks your interest and pays well and head for that opportunity.
As far as fair warning for what seems to be opportunities on the Web for other things, there are many different websites that promise that you can make money through either taking surveys or through posting on free forums for several hours day. This sounded good and many people have signed up and found that they have wasted a great deal of time and money in the end when trying out these so-called "opportunities. Remember to listen to your gut when you're thinking about this. There are many work-at-home scams out there so make sure to take your time in reading about what the different websites have to offer.
Another great work home business that has an online focus can be eBay. This is stressed throughout some articles on this website but it is a great tool for you to begin your career. You can learn how to write sales copy for your auctions as well as how to properly promote yourself. If you take the lessons to be learned on eBay and apply them to other Internet marketing areas, you will find yourself ready to tackle almost anything out there.
Hopefully this article on creating a work at home business that focuses on the Internet and online has been beneficial to you. When we designed this article and wrote it, we want you to know what to look for within a particular business as well as what to do for it. It is important to know what to look for as well as what to avoid.
Tuesday, July 29, 2008
Affiliate Marketing Internet Industry
Entrepreneurs and opportunists all over have been
looking for new and original methods to get money
away from the bigger industries, and earn their
share of the profits. with many industries
shutting their doors, there is already one in
existence that creates large volumes of money for
people everywhere - affiliate marketing.
Affiliate marketing programs work by rewarding
website owners for hosting materials and products
on their site. The affiliates are then paid on a
commission basis, as neither party pays anything
to one another during the initial transaction.
Instead, the affiliates are paid as and when they
manage to attract new customers to the primary
site.
Affiliate marketing is one of the best and most
successful online advertising opportunities. It's
a program that runs on simplicity and efficiency,
although in a way that works extremely well for
both parties involved.
The industry of affiliate marketing is a cost
effective way for small and large companies to
reach out and expand their influences. Instead of
being restricted to one website, large companies
can get noticed on hundreds of sites - and normally
even thousands.
On the other hand, the affiliate industry is also
a thriving source for income for millions.
Affiliates have been reaping the rewards of huge
financial profits and the popularity that the
industry provides.
Single affiliates can earn anywhere from 35% and
below of the money generated by each customer
they produce. With this type of revenue lasting
for the entire lifetime of the site, an affiliate
has virtually unlimited earning potential.
Unlike other online industries, there are no
specific requirements to become an affiliate
marketer. There are no strings attached, or any
tricks, which is why millions of people are turning
to affiliate marketing to make their income on the
internet.
looking for new and original methods to get money
away from the bigger industries, and earn their
share of the profits. with many industries
shutting their doors, there is already one in
existence that creates large volumes of money for
people everywhere - affiliate marketing.
Affiliate marketing programs work by rewarding
website owners for hosting materials and products
on their site. The affiliates are then paid on a
commission basis, as neither party pays anything
to one another during the initial transaction.
Instead, the affiliates are paid as and when they
manage to attract new customers to the primary
site.
Affiliate marketing is one of the best and most
successful online advertising opportunities. It's
a program that runs on simplicity and efficiency,
although in a way that works extremely well for
both parties involved.
The industry of affiliate marketing is a cost
effective way for small and large companies to
reach out and expand their influences. Instead of
being restricted to one website, large companies
can get noticed on hundreds of sites - and normally
even thousands.
On the other hand, the affiliate industry is also
a thriving source for income for millions.
Affiliates have been reaping the rewards of huge
financial profits and the popularity that the
industry provides.
Single affiliates can earn anywhere from 35% and
below of the money generated by each customer
they produce. With this type of revenue lasting
for the entire lifetime of the site, an affiliate
has virtually unlimited earning potential.
Unlike other online industries, there are no
specific requirements to become an affiliate
marketer. There are no strings attached, or any
tricks, which is why millions of people are turning
to affiliate marketing to make their income on the
internet.
Affiliate Marketing in 3 Steps
Affiliate marketing is a process where the merchant
will pay a portion of their sales revenue to an
affiliate if the sale is result of the affiliate's
promotion to the products and services offered by
the merchant.
Now days, it's one of the fastest growing industries
because it's cost efficient and quantifiable for
both the affiliate and the merchant. Other players
can profit as well, such as the affiliate network
or the affiliate solutions provider.
The best benefit for the merchant is the fact that
he will gain opportunities to advertise his
products to a much larger market, therefore
increasing his chances to earn. The more affiliates
the merchant obtains, the more sales he can expect.
With the merchant having affiliates market his
products and services, he will save himself time,
effort, and money in looking for markets as well as
customers. The affiliate marketer will benefit
from each customer that clinks on the link in his
website and who actually purchases a product from
the merchant.
If you have wanted to join the growing legion of
affiliate marketers and have an unlimited potential
for income, simply follow these 3 steps to start
an effective affiliate marketing program.
1. Identify something that interests you or you
feel very passionate about. Then, focus on a
specific area you know a lot about, as this will
help you bring out your best and give your
visitors who are possible buyers a demonstration
of your expert in this field. This way, you'll
gain their trust and encourage them to buy the
products that you endorse.
2. Search for merchants and products or services
that are related to your interest then creat a
web site with top level domain names and very
reliable hosting. When you choose the products
for your web site, you need to consider the
commission structure and the conversion rate.
There are many different affiliate networks and
affiliate solution providers where you can obtain
the information on most profitable products and
which merchants pay the best. Take your time -
and be sure you choose the right one.
3. Now, you are ready to promote. You've chosen
everything you need and even created your very own
website. You'll need to be creative, flexible,
and willing to embrace new ideas. By this stage,
you'll be well on your way to making more money
than you ever imagined - and enjoying every
minute of it.
will pay a portion of their sales revenue to an
affiliate if the sale is result of the affiliate's
promotion to the products and services offered by
the merchant.
Now days, it's one of the fastest growing industries
because it's cost efficient and quantifiable for
both the affiliate and the merchant. Other players
can profit as well, such as the affiliate network
or the affiliate solutions provider.
The best benefit for the merchant is the fact that
he will gain opportunities to advertise his
products to a much larger market, therefore
increasing his chances to earn. The more affiliates
the merchant obtains, the more sales he can expect.
With the merchant having affiliates market his
products and services, he will save himself time,
effort, and money in looking for markets as well as
customers. The affiliate marketer will benefit
from each customer that clinks on the link in his
website and who actually purchases a product from
the merchant.
If you have wanted to join the growing legion of
affiliate marketers and have an unlimited potential
for income, simply follow these 3 steps to start
an effective affiliate marketing program.
1. Identify something that interests you or you
feel very passionate about. Then, focus on a
specific area you know a lot about, as this will
help you bring out your best and give your
visitors who are possible buyers a demonstration
of your expert in this field. This way, you'll
gain their trust and encourage them to buy the
products that you endorse.
2. Search for merchants and products or services
that are related to your interest then creat a
web site with top level domain names and very
reliable hosting. When you choose the products
for your web site, you need to consider the
commission structure and the conversion rate.
There are many different affiliate networks and
affiliate solution providers where you can obtain
the information on most profitable products and
which merchants pay the best. Take your time -
and be sure you choose the right one.
3. Now, you are ready to promote. You've chosen
everything you need and even created your very own
website. You'll need to be creative, flexible,
and willing to embrace new ideas. By this stage,
you'll be well on your way to making more money
than you ever imagined - and enjoying every
minute of it.
Qualities for Affiliate Marketing
5 Qualities For Affiliate Marketing
More and more people these days are turning to one
of the most popular businesses around - the business
of affiliate marketing. In this business, there are
no bosses, deadlines to meet, or piles of work that
have to be finished by the end of the day. In
order to succeed, you only need the necessary
tools.
There are basically five things you can't do without
if you want to make it in the business of affiliate
marketing. Below, you'll find each quality you'll
need.
1. Desire to learn
The first quality you must possess is the desire
to learn, coupled with the willingness to be
trained. Treading through unfamiliar territory
is tough indeed, especially if your lacking the
right knowledge. This is a combination of the right
frame of mind, coupled with a strong work ethic.
When starting out, you'll need to be willing to
keep your eyes and ears open, using the experience
of others to learn more as you go.
2. Invest time and effort
The second quality you must have is the willingness
to invest time and effort in helping your business
grow, even if you don't see immediate results. Even
though weeks may pass without hearing good news,
it's very important for anyone who wants to get
their foot in the business world.
3. Determination
The third quality you'll need is determination. If
you want to make it in the world of affiliate
marketing, you must possess to push yourself
forward. The ability to push yourself to greater
heights will determine what type of future you have.
4. Discipline
The fourth quality is self discipline. If you
teach yourself to work everyday with all of your
heart and soul, you'll be that much closer to
reaching your goals and making your dreams come true.
5. Optimism
The last quality you must have is optimism. Bad
attitudes should never discourage an affiliate
marketer from pursuing their dreams in order to
make life better for themselves or anyone around
them.
The attitude you have towards the business should
always be good, because you'll have to realize that
you're the captain of your ship and your the one
steering it towards destiny.
If you put the above tips to good use, you'll go
farther than you ever thought possible in the world
of affiliate marketing. You'll need these qualities
to succeed, as affiliate marketing can be a cutting
edge career. With the above qualities, you'll do
just fine in the industry.
More and more people these days are turning to one
of the most popular businesses around - the business
of affiliate marketing. In this business, there are
no bosses, deadlines to meet, or piles of work that
have to be finished by the end of the day. In
order to succeed, you only need the necessary
tools.
There are basically five things you can't do without
if you want to make it in the business of affiliate
marketing. Below, you'll find each quality you'll
need.
1. Desire to learn
The first quality you must possess is the desire
to learn, coupled with the willingness to be
trained. Treading through unfamiliar territory
is tough indeed, especially if your lacking the
right knowledge. This is a combination of the right
frame of mind, coupled with a strong work ethic.
When starting out, you'll need to be willing to
keep your eyes and ears open, using the experience
of others to learn more as you go.
2. Invest time and effort
The second quality you must have is the willingness
to invest time and effort in helping your business
grow, even if you don't see immediate results. Even
though weeks may pass without hearing good news,
it's very important for anyone who wants to get
their foot in the business world.
3. Determination
The third quality you'll need is determination. If
you want to make it in the world of affiliate
marketing, you must possess to push yourself
forward. The ability to push yourself to greater
heights will determine what type of future you have.
4. Discipline
The fourth quality is self discipline. If you
teach yourself to work everyday with all of your
heart and soul, you'll be that much closer to
reaching your goals and making your dreams come true.
5. Optimism
The last quality you must have is optimism. Bad
attitudes should never discourage an affiliate
marketer from pursuing their dreams in order to
make life better for themselves or anyone around
them.
The attitude you have towards the business should
always be good, because you'll have to realize that
you're the captain of your ship and your the one
steering it towards destiny.
If you put the above tips to good use, you'll go
farther than you ever thought possible in the world
of affiliate marketing. You'll need these qualities
to succeed, as affiliate marketing can be a cutting
edge career. With the above qualities, you'll do
just fine in the industry.
Wednesday, July 23, 2008
Making Money Selling Other People's Products
A lot of people are now getting into online businesses and online marketing either to supplement their “real world” income or for it to become their primary source of income. Why? Because online marketing just provides them a lot of benefits!
First, you can reach just about anybody in the world who has Internet access if you market your products online. That means a wider market for you, which can translate to larger profits. Second, setting up an online business requires only a fraction of the cost required to set up an actual business establishment, which means a lot of savings for the business owner.
Another aspect that has attracted a lot of people towards online marketing is the fact that one doesn’t have to have his own products to get started. In online marketing, one can start making a lot of money just by selling, or even by just trying to sell, other people’s products. And getting started with this kind of marketing strategy is actually quite easy. All that one needs to do is to set up an agreement with an online retailer or merchant, and after everything is settled, one can immediately start making money by selling the merchant’s or the retailer’s products.
Incidentally, the most popular and the fastest growing method of selling other people’s products online is affiliate marketing. Affiliate marketing, in its simplest definition, is a relationship between an online merchant or retailer, who has products to sell, and his affiliates, who are willing to promote the merchant’s product on their website.
In a typical affiliate marketing set up, the merchant provides his affiliates with banners and text ads that links to his site. The affiliates will then get these ads posted on their website and they get paid whenever traffic or sales is directed to the merchant’s website. Affiliates are often paid on commission basis, although other online merchants would opt to pay a fixed fee for the affiliate’s compensation.
Starting to make money online with affiliate marketing is relatively quick and easy. All that one has to do is to sign up as an affiliate for an online company that offers affiliate programs. An alternative method, and usually an easier one, is to sign up as a member of an affiliate network—a network that hosts a variety of affiliate programs for different online merchants or retailers. Signing up is usually free, although other companies and networks may require you to pay a particular fee. Such fees, however, are made as payment for additional services that the company may render, like providing you with tools and assistance to jumpstart your online business.
When you sign up with an affiliate marketing program, you are usually required to fill out a form containing information about yourself. Some affiliate programs may also require you to present the URL of your website and describe its contents. This will allow the retailers to verify that you actually have a website with contents that are relevant to their products. Some affiliate programs, however, won’t require you to have a website. After filling out the form and all, you are then allowed to choose the affiliate programs you want to promote.
After signing up with an affiliate program and being an actual affiliate, you are now ready to start making a lot of money by selling other people’s product online. How do you make money? There are actually a number of ways for you to earn money as an affiliate, and most of these ways depends on the type of affiliate marketing program you’ve gotten into.
Many affiliate marketing programs compensate their affiliates in either of three ways: pay-per-click (PPC), pay-per-sale (PPS), or pay-per-lead (PPL). In pay-per-click affiliate marketing, the affiliate is paid whenever he directs traffic to the merchant’s site. PPS and PPL affiliate marketing programs work rather differently. In PPS, the affiliate only gets paid when his referral converts into an actual sale. In typical PPS affiliate programs, the affiliate would usually get 15% to 20% commission for each conversion. PPL affiliate programs work the same way, although affiliates are paid a fixed fee whenever his referral converts into a lead for the company.
Some affiliate marketing programs are two-tier programs, wherein the affiliate is also allowed to recommend other affiliates to the merchant. In such affiliate programs, the affiliate would not only be paid for the traffic or sales that he would direct to the merchant’s site but also for the traffic or sales directed by the affiliates who signed up with the program through his recommendation.
Yet another way of earning more profits with affiliate marketing is through residual affiliate programs. Residual affiliate programs are affiliate programs where the affiliate gets paid a number of times for as long as the merchant keeps the customer the affiliate has referred to his site. One form of residual program gets the affiliate paid a commission every time the referred customer purchases something on the merchant’s site. Another form of residual affiliate program gets the affiliate paid a percentage every month for as long as the company keeps the referred customer.
With a lot of options available and a lot of ways to earn money, affiliate marketing is undoubtedly the most popular and the easiest way to make money by selling other people’s products online. As to how much money one can get from affiliate marketing actually depends on the affiliate. A dedicated and hardworking affiliate would certainly get more from the program compared to those affiliates who would simply sign up and forget about the program later.
First, you can reach just about anybody in the world who has Internet access if you market your products online. That means a wider market for you, which can translate to larger profits. Second, setting up an online business requires only a fraction of the cost required to set up an actual business establishment, which means a lot of savings for the business owner.
Another aspect that has attracted a lot of people towards online marketing is the fact that one doesn’t have to have his own products to get started. In online marketing, one can start making a lot of money just by selling, or even by just trying to sell, other people’s products. And getting started with this kind of marketing strategy is actually quite easy. All that one needs to do is to set up an agreement with an online retailer or merchant, and after everything is settled, one can immediately start making money by selling the merchant’s or the retailer’s products.
Incidentally, the most popular and the fastest growing method of selling other people’s products online is affiliate marketing. Affiliate marketing, in its simplest definition, is a relationship between an online merchant or retailer, who has products to sell, and his affiliates, who are willing to promote the merchant’s product on their website.
In a typical affiliate marketing set up, the merchant provides his affiliates with banners and text ads that links to his site. The affiliates will then get these ads posted on their website and they get paid whenever traffic or sales is directed to the merchant’s website. Affiliates are often paid on commission basis, although other online merchants would opt to pay a fixed fee for the affiliate’s compensation.
Starting to make money online with affiliate marketing is relatively quick and easy. All that one has to do is to sign up as an affiliate for an online company that offers affiliate programs. An alternative method, and usually an easier one, is to sign up as a member of an affiliate network—a network that hosts a variety of affiliate programs for different online merchants or retailers. Signing up is usually free, although other companies and networks may require you to pay a particular fee. Such fees, however, are made as payment for additional services that the company may render, like providing you with tools and assistance to jumpstart your online business.
When you sign up with an affiliate marketing program, you are usually required to fill out a form containing information about yourself. Some affiliate programs may also require you to present the URL of your website and describe its contents. This will allow the retailers to verify that you actually have a website with contents that are relevant to their products. Some affiliate programs, however, won’t require you to have a website. After filling out the form and all, you are then allowed to choose the affiliate programs you want to promote.
After signing up with an affiliate program and being an actual affiliate, you are now ready to start making a lot of money by selling other people’s product online. How do you make money? There are actually a number of ways for you to earn money as an affiliate, and most of these ways depends on the type of affiliate marketing program you’ve gotten into.
Many affiliate marketing programs compensate their affiliates in either of three ways: pay-per-click (PPC), pay-per-sale (PPS), or pay-per-lead (PPL). In pay-per-click affiliate marketing, the affiliate is paid whenever he directs traffic to the merchant’s site. PPS and PPL affiliate marketing programs work rather differently. In PPS, the affiliate only gets paid when his referral converts into an actual sale. In typical PPS affiliate programs, the affiliate would usually get 15% to 20% commission for each conversion. PPL affiliate programs work the same way, although affiliates are paid a fixed fee whenever his referral converts into a lead for the company.
Some affiliate marketing programs are two-tier programs, wherein the affiliate is also allowed to recommend other affiliates to the merchant. In such affiliate programs, the affiliate would not only be paid for the traffic or sales that he would direct to the merchant’s site but also for the traffic or sales directed by the affiliates who signed up with the program through his recommendation.
Yet another way of earning more profits with affiliate marketing is through residual affiliate programs. Residual affiliate programs are affiliate programs where the affiliate gets paid a number of times for as long as the merchant keeps the customer the affiliate has referred to his site. One form of residual program gets the affiliate paid a commission every time the referred customer purchases something on the merchant’s site. Another form of residual affiliate program gets the affiliate paid a percentage every month for as long as the company keeps the referred customer.
With a lot of options available and a lot of ways to earn money, affiliate marketing is undoubtedly the most popular and the easiest way to make money by selling other people’s products online. As to how much money one can get from affiliate marketing actually depends on the affiliate. A dedicated and hardworking affiliate would certainly get more from the program compared to those affiliates who would simply sign up and forget about the program later.
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