Subscribe RSS

Archive for the ‘Business’ Category

Protect Your Financial Future With An Online Business

April 7th, 2009 by lucianmih | 3 Comments | Filed in Business

webmastersThe world around us is concerned about the future. With Obama in the White House and record government spending during this economic recession, many of our neighbors are sweating what the future holds in store for them.

I worried about it for a bit, and then I realized that those of us who live our business lives on the Internet will not see the same depths of recession that our brick-and-mortar counterparts will experience.

All one has to do is to visit their local restaurants or the retail shop that offers the newest in cell phone products to realize that while people are fearful, they are not broke. People are still spending money to a large extent.

While people are still spending money in the marketplace, some businesses are continuing to fail around us… Not because the businesses do not have good products or people willing to buy those products, but because many industries rely upon bank loans to help them bridge the gap between production and payment from their clients.

For example, the automakers have to carry a huge burden of cost between the production of an automobile and when that vehicle is finally sold to a consumer. It is not the lack of customers that are killing the businesses we all know and respect, but instead, it is a lack of bridge capital (a.k.a. commercial credit) that is killing American businesses.

Look Out For Number One

If you are one of those people who are wondering whether your job will still be there next year, the only person who is going to look out for your best interests is you.

Starting an online business can be a very inexpensive process. Depending on the angle you take with your online business, you may only need to spend less than $50 per month to get on your feet with a viable online business.

For people who are just getting started with an online business, I strongly recommend Site Build It (http://www.thephantomwriters.com/sbi). SBI provides a system that enables anyone – and I do mean anyone – to build a commerce-ready website in just a couple hours. Beyond a user-friendly website building tool, SBI also offers training to help its members to be more successful.

One of the factors that make SBI so attractive in my book is its focus on Affiliate Products.

What Are Affiliate Products?

Affiliate products are products that are set up to enable third-party persons (affiliates) to advertise the product and earn a commission on any sale that is generated from the affiliate’s advertising.

For example, the affiliate program from which I have made the most money over the years – to be honest, thousands of dollars over the years – is the product line offered by World Wide Brands (http://www.thephantomwriters.com/wwb).

World Wide Brands is committed to helping online sellers find the companies who sell products wholesale and the companies who offer drop shipping services to online sellers. If you are not familiar with the term “drop shipping”, it means that you would be able to buy a product from them and have them “drop ship” the product directly to your customer, as if you had that product in stock when the product was purchased from you and you delivered the product from your own warehouse.

I introduce people to the products offered by World Wide Brands, through a special link that tracks my referrals, and if the person I delivered to the World Wide Brands website makes a purchase, I earn a commission on that sale. It is as simple as that.

Another affiliate program that is very similar to World Wide Brands is the program offered by Doba (http://www.thephantomwriters.com/doba). Rather than a catalog of drop-shipping companies, Doba is an Ebay-Certified drop shipper.

Simply put, an Affiliate Program is any product or service from which you can earn a commission, if you do your part by delivering a buying customer to the seller’s website.

Affiliate Networks

There are literally thousands of companies who offer affiliate commissions on the sale of their products or services. Fortunately, we don’t have to search the web for weeks on end to find available products and services that we would like to sell.

There are companies that have been built for the purpose of helping sellers initiate affiliate programs for their products and services. These companies literally represent hundreds and sometimes thousands of sellers who offer affiliate programs.

Within each network, you can shop for the products and services that you wish to sell from your own website. Within some affiliate networks, you can just plug in a product to your website and begin selling. Within other affiliate networks, you may have to request the right to promote a product and wait for the seller to approve your affiliate application.

Clickbank.com is an affiliate network company that enables you to start selling any product in their network, without forcing you to wait on approval to begin selling a product. This is the primary reason why most software developers choose to work almost exclusively with the Clickbank network.

Other affiliate network companies of note include:

  • Commission Junction (www.cj.com)
  • PepperJamNetwork.com
  • CommissionSoup.com
  • LinkConnector.com
  • LinkShare.com
  • ShareASale.com

Getting started with these affiliate networks is easy. You simply need to sign up for an account and verify your email address.

Personally, I have accounts with each of the above-mentioned affiliate networks.

Where Most Websites Fail

Where most webmasters fail in their quest to make a living online is in the final step. Once a website is set up with products and services to sell, the final and most important step in the process is to drive traffic to the website.

To be honest, I even failed in this part of the equation when I got started online. Fortunately, I got started way back in 1995 when the Internet was still brand new. Back then, there were not a lot of people who had mastered the Internet marketing concept – well, there were not many people bragging about how well they were doing online with Internet marketing anyway.

I finally started getting my head around this online marketing thing in 1999, when I discovered people who were teaching others how they could be successful with an online business – in the same way that I do now.

In 1998, I started reading articles like this one – articles intended to teach people how to be successful with an online business. But I was a bit slow on the uptake…

It was by chance in 1999 that I saw a link in the one marketing newsletter that I read every week. That link suggested that I could write an article and submit it to the newsletter for consideration of publication.

It is true that I did not know a lot about marketing a business online, but I thought that maybe I could share a lesson that I had learned while operating my online newsletter. So I wrote a short article of about 700 words and submitted it to that newsletter.

It was a full three months later when I received a message from the editor of the publication telling me that my article would be featured in his publication the next day. With that email, my future was forever changed.

When published in that newsletter, my website which had seen 750 visitors over the previous two years suddenly served several thousand visitors in one day. I was ecstatic.

With my initial success, I wrote six more articles in six weeks and sent them through a mailing list that told publishers about the availability of my articles. Then I got distracted for several months and forgot about articles.

By chance, six months later I noticed a sudden and huge surge of traffic to my website, so I did a bit of investigation as to how that had happened. Lo and behold, one of my articles had been published in another large newsletter.

Upon learning this information, I decided that I needed to check on the reprint success of those first six articles. I was able to track a pretty wide swath of newsletters that had reprinted my articles; although I am certain that I missed a few. But with the newsletters that I was able to find that had used my articles, they had a combined circulation of 1.5 million readers.

With this discovery, I never again let articles disappear from my marketing plan. These days, I write a new article every time that I launch a new website, and I strive to put new articles out as frequently as I can manage to do, for all of my income-generating websites.

The trick in using articles as an advertising platform is that the article should teach its readers something of value; otherwise publishers will not want to use them. Sure it is true that you can still get a lot of links to your website from websites that publish your articles, because webmasters tend to be much less selective about the articles they are willing to publish. But I figure that if I am going to take the time to write an article, then I should take the extra time to ensure that a newsletter publisher and any quality-oriented webmaster will be just as likely to publish that article, as the webmaster who has no standards at all.

At the end of every article is a paragraph that tells the author’s biography. When done right, the paragraph that tells you that this article was written by Bill Platt will also tell you what website I am wanting you to visit and why you would want to visit that website. When my article and my “about the author” information is done well, you will visit my website. And hopefully once at my website, you will decide that you may be interested in purchasing what I offer.

Advertising Is Available In Many Formats

Using articles to promote a website is what is referred to as “article marketing”, but it is only one method of dozens that are available to help you promote your new online business.

You should use whatever advertising methods work well for you. For me, article marketing is my primary method of advertising online, but others might prefer pay-per-click advertising in the search engines.

In the end, it does not matter what method of advertising you choose to promote your website, so long as you actually use some method of advertising to bring potential customers to your website.

The Light At The End Of The Tunnel

Once you have your website built and traffic coming to your website, you will notice that light far off in the distance at the end of the tunnel. With your first sale, you will begin to realize that you really do have it in you to be successful online. After a number of sales, you will realize that it is simply a matter of time until you are earning an income substantial enough to protect your income, in the event that your employer decides that they need to cut your job to survive the current recession.

In the end, you are the only person who will do what is necessary to protect your financial future. By starting your own online business, you will begin to gain something even more powerful than money… You will gain a respect for yourself that you have never had before, and you will begin to understand how it is completely within your power to control your own destiny in this life.


Bill Platt owns and operates http://www.ThePhantomWriters.com/ Article Distribution Service. Through his service, he can help you get your articles to newsletter publishers and webmasters interested in using articles written by other people. If you do not feel that you are able to write your own articles, you could always hire a ghost writer, or try out Bill’s new service called Sponsor Articles, which merges co-op advertising with article marketing. Learn more at: http://www.SponsorArticles.com/

Post from: SiteProNews: Webmaster News & Resources

Protect Your Financial Future With An Online Business

Tags: , , ,

8 Reasons to start an online business in 2009

December 20th, 2008 by lucianmih | 1 Comment | Filed in Advertisting, Business, Marketing, Shopping, Trade, Training, Web hosting

The economy is down, we’re in probably the worst financial crisis since the great depression, and unemployment is shooting through the roof. Sounds like the worst time to start an online business right? Wrong! 2009 could be the perfect time to start a business if you are smart about it. Here’s the reasons why:

It’s Easy to do

Starting an online business is simple to do. It’s not like starting a normal business. It doesn’t take as much money or time to create an online business. There are many different ways to make money online including retail stores, affiliate advertising, creating a successful blog, article writing, or website/graphic design etc. All those ideas are legitimate online businesses that have made a ton of money for a ton of people who are doing what they love. You can even create a successful online business in your spare time. You don’t have to quit your day job to be a success.

It’s Cheap

Creating a website is extremely cheap compared to starting up a store or office. Even if you don’t design your website yourself you can pay someone else to do it and you can get it done cheap by free lancers through sites like Guru.com. After you get your site designed you will need to pick a domain name. You’re going to want to pick a domain name that relates to what you are selling. After that you will need to pick a web host. Web hosting is a service that takes all the files that make up your website and stores them on a server that is connected up to the internet 24/7/365. From their users will be able to access your website all the time. You can find reliable web hosting for $10-$20 a month, (Learn How to Pick the Right Web Host). After initial start up costs, the cost of maintaining a website are very small which allows you to be very profitable. All the choices you have to make here are extremely important ones for your site, but they can all be very cheap.

Creating a Website is Easy Now!

You don’t have to know HTML to create a good looking website now. Using programs like Adobe Dreamweaver allows you to create the design of your website and it creates the HTML that goes along with the design. There are simple tutorials all over the internet that tell you how to create a website. You can use sites like Yahoo’s Site Builder to drag and drop pictures to design your website. If you wanted to create a blog you can use free blog hosting sites like Google’s Blogger and create a blog in minutes.

E-commerce is Succeeding even in a Down Economy

While regular brick & mortar stores are struggling to even stay in business, e-commerce business is growing. According to the Department of Commerce U.S. Retail E-commerce sales numbers are up all around. The 2nd Quarter of 2008 saw $34.6 billion in sales which was a 2.9% increase from the 1st quarter and a 9.5% increase from the second quarter of 2007. Just recently on “Cyber Monday” (the online world’s “black Friday”) the online world saw another positive sign, consumers spent $846 billion on cyber Monday which was an increase of 15% over 2007’s cyber Monday.

Marketing is better/faster/more measurable online

Marketing online is all around better online. There’s an estimated 1.5 billion people who use the internet worldwide. That’s 21.9% of the world’s population. It has grown 305% from 2000-2008 and that number will only continue to grow as the populations in emerging markets like China, the Middle East, and Africa continue to get modernized. The Internet is a force that you cannot ignore. There’s a lot of people that use the internet and the great news is they are easy to reach and easy to target. A survey by Hearst Electronics Group and Goldstein Group of business to business marketers showed that the “migration of communications budgets from traditional media to online has accelerated to the point where nearly half of all spending, 47 percent, is spent on online marketing techniques today.” The businesses are doing that for a reason, they can track their marketing methods online a lot easier so they can understand what their ROI is and decide where to put the money. Also it is easier to target people online than it is in the real world so it takes less money to make more sales. Some of the ways to advertise online include search engine optimization (SEO), pay per click ads, article marketing, blogging. All but the pay per click ads can be free. SEO is the technical term for optimizing your site and link building with the goal of getting to the top spot in search engines for a certain keyword. This is important for the success of your online business because the majority of online users use search engines like Google to find what they are looking for. Being at the top spot in Google gets you the most traffic for the cheapest amount….free! There are tons of easy and cheap ways to market your website online.

Tracking…Online Analytics

I touched on this in the previous paragraph but this deserves more attention.  Tracking how your business is doing in all aspects is important, no matter what type of business you have. When I say tracking your business I mean figuring out if you are putting your dollars in the right place. If users are leaving your site right away (a term called “bouncing”) maybe it’s because your site is not user friendly so you must re-design your website, if users are reading the content of your site but then leaving during the check out process maybe it’s time for a new shopping cart, it’s also important to know where your users are coming from and where they are going. You can tell all of this by using analytics software that you can get online. Google Analytics is perhaps the best program that you can use to track your website and the best part is it’s completely free. All it involves is placing code that Google provides you on every page that you want the program to track. On a daily basis you can check to see how many people visited your site, what they looked at, how they came to your site, how long they stayed, where they exited from, and most importantly if they were a conversion and how they got there. That type of measurability is critical to any business and that and so much more is possible online.

Starting in a Bad Economy is a Good Thing!

Starting up a business in a bad economy can be a good thing if you are passionate about what you are doing. As Paul Graham pointed out in his essay the economy does not necessarily affect a startup it is the founders that make or break the company. Just ask Bill Gates of Microsoft or Steve Jobs of Apple both of which were started in the terrible economy of the 1970’s. A down economy is an opportunity if looked at in the right light, by opportunistic entrepreneurs. A down economy means less competition, more companies/people looking to make deals, people looking for ways to save. It has become a well known fact that online is the place to get deals on just about anything you need. Retailers offering aggressive online discounts this year were able to increase sales from last year because they were able to adjust to a down economy because of the flexibility of online business. Online businesses are cheap to start up and cheap to maintain, those saving get passed onto the customer in the form of great discounts. At the same time do not ignore the economy creating a website that shows people creative ways to save money would be a great site in a down economy, or a debt consolidation website, or shop and compare sites, or a community forum that lets people share the best deals. There are countless opportunities waiting to be filled in the online world.

It’s About Time You Start Doing What You Want to Do!

Who doesn’t want to own their own business? You get to be your own boss, make your own hours, and feel the joy of successfully having your own company. If you’re tired of your job or even just want to turn your hobby into a profitable venture an online business is the way to go. The best part is it does not have to take over your entire life. With an online business you can do a lot of the work in a short amount of time which means you do not necessarily have to quit your day job. Do you like writing? Become a blogger, blogging is the hot thing in the online world right now and it takes all of 5 minutes to create a blog on blogger and not too much more time to create your own site with a Wordpress themed blog. You can write what you feel like writing about and make money doing it. Do you like a certain topic and you know a bunch of other people do? Why not start an online forum about it, that’s a great way to do what you want and profit off of it. There are plenty of businesses out there and an online business is the easiest way to get started.

As you can see there are great reasons to start an online business in 2009. It’s the easiest, cheapest, fastest way to start your own business and it’s a growing market that basically anyone can be successful in, if your passionate about what you are doing. Make 2009 your year to start an online business, Get out there and Get Started.

Steve Quatrani is the founder and operations manager of RebateRabbit.com. A site which aims to help all those starting an online business choose the right web hosting company by being educated. Rebaterabbit.com Also provides hosting rebates to make all hosting Inexpensive web hosting

Post from: SiteProNews: Webmaster News & Resources

8 Reasons to start an online business in 2009

Tags: , , , , ,

SEO Powered by Platinum SEO from Techblissonline