Thursday, 16 February 2012

Can You Really Make Money On The Internet?

3 Most Popular Ways of Making Money on the Internet
Do you know that 95% of the people starting out in their internet businesses fail? In the middle of all the noise and hype on the internet today, not many people realize that all the ideas and techniques you can find are useless if you don\'t first understand what your business model is or how are you going to make money on the internet. Even the most remarkable internet marketing technique will not work if you don\'t understand how to apply it to your business.
The 3 most popular business models are:
1) Affiliate Marketing
Perhaps the most popular one out there, affiliate marketing provides a good start for newbies. Almost anyone can sign-up for an affiliate program for free and start promoting the chosen product or service. Commissions start coming in if someone will buy or participate in the programs promoted. Affiliate marketers don\'t carry any risk, since they do not pay for the creation of the product, they do not handle customer service, they need not know the innards of internet transactions, like merchant accounts, autoresponder (what is that?), reciprocal linking, etc. It\'s also possible to be an affiliate even without a website.
Some affiliate marketing programs you may participate in require little up-front investment. Some are free. It\'s no surprise therefore that almost everyone and their neighbor promotes an affiliate program or another. In fact, if there is a single reason why the Internet today is so proliferated with ads and banners, it\'s because of affiliate programs.
With the millions out there involve in affiliate marketing, only 5% ever make any money and only 1% makes really big money. The \"Super Affiliates,\" so they are called, do it very differently from the rest, therefore they earn the big checks.
2) Writing an eBook or other type of information product, recording an information CD.
This is a great strategy because there are thousands of possibilities for the type of product that you can create. There are so many niche markets that you can write about. It could be a course on Japanese gardens, how to start your own babysitting business, how to sell your artwork, taking care of your dog\'s ears ... there are endless topics and still many that have not yet been explored by online marketers. You don\'t have to write the information yourself, you can get a ghost writer or hire someone to produce the CD.
EBook authors need to invest more than affiliates do. While affiliates can get something for nothing, the same is not true for the eBook type of business. EBook authors need to learn a lot more than affiliates are required to. They need to spend some amount of money getting the business up and running. However, when done right, the payoff in this online business model is much more rewarding.
These marketers make more money because they have very, very low production and maintenance costs. Once the product is produced, it doesn\'t cost a cent to reproduce thousands of copies. Start-up costs can be covered by selling just a few copies of very high-margin eBooks. You can even recruit hordes of affiliates to do the selling for you.
3) Adsense
This has taken the internet by storm. There are tons of testimonials from people making outrageous income from adsense.
Adsense is Google\'s advertising program wherein webmasters display ads from Google\'s extensive list of advertisers. Unobtrusive text-based ads are served in member sites, who then earn a commission every time someone clicks on the advertisers\' links.
Google Adsense uses a technology to deliver ads that are highly relevant to the content of a page. Google\'s engine will scan through the content of the page to determine its topic, and will then serve ads that are relevant to the page\'s content. Running Google Adsense is quite simple. First build a website full of content of your desired niche or topic, and then register in Google\'s adsense program. Once approved, you then paste a code in your page, and the ads start appearing immediately after you upload the changes to your server.
Google is silent on how it shares the revenue per click with their partners, but how much you will earn per click depends on the topic and the product being advertised. Products with profit margins of $10 for the advertiser will most likely give you a smaller pay per click than a product with a $100 margin. Similarly, ads with high conversion rates will normally give you higher payouts than less effective ads, since they can afford to pay more dollars per click, with a portion of that money going to you.
These are the top 3 most popular online business models today. No matter which model you choose, make sure you understand the basics. Stop buying courses or information not applicable to your business. Information overload can stop you before you even get started.

Dr Sam

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Saturday, 4 February 2012

Dr Sam Tips

Low Cost Ways To Make Money Online

    Many people have realized that they can turn their computer into a money making machine. There are many ways you can make money with your computer. This article will show you several low cost ways to make money on the net.

Sell Products or Services Online
You can set up an online store to sell a wide variety of products. However, it will cost you few thousands dollars to start an e-store. One way to start an online business with minimum capital is deal with drop ship wholesalers. So how drop shipping works?

- A drop ship distributor is a wholesale company that will ship one product directly to your customer.
- You don't need to pay for an item unless it is sold.
- You don't store any inventory.
- You don't package and ship merchandise.
- Your customer pays the retail price for the product to you and you pay the cost of the product to the drop ship distributor. The difference is your profit.

Drop shipping system makes it affordable for anyone to start an online business due to the benefits it offers. EBay is the best place for you to start selling your products with drop shipping system. One strategy you can try is sell the similar items to the one that have attracted several bids in eBay. For instance, say you have opened an account with a cell phone drop ship dealer and ready to sell cell phone on eBay. You found that a Nokia 8810 cell phone have attracted 7 bids, so what you can try to do is list the similar item immediately with lowest price possible. Of course, there is no guarantee that you will make any money with this strategy. There are many more auction selling ideas you can find from the Internet which can help you make a steady income on eBay.

Be a Freelancer
There are many freelance job sites consist of a long list of freelance job contracts. These freelance sites usually offer the following jobs:

1) IT jobs (web-design, Jawa, PHP, script-installation, programming, graphic design and so on)
2) Writing & Editing Jobs
3) Administrative support (Data entry) & accounting services.

You may join several freelance sites for free and start bidding for the projects and contracts that are right for you. You can also make extra money writing articles and essays. There are places and websites where you can sell your articles and essays for a price anywhere between 5 to 25 per article. Furthermore, there are forums and blogs offer to pay anyone who post message and article to their websites.

Be an Affiliate
Affiliate makes money online by selling other people's stuff. An affiliate earns commission whenever someone sent by him/her to his/her merchant's website makes a purchase. Clickbank is one of the best places you can find an affiliate program to join because it is the largest e-book store and contains a ton of merchants looking for people to sell their e-books. The main task of affiliates is promote and advertise their merchants' websites (affiliate links). One method to promote affiliate program is advertise on Google. To advertise on Google you'll first need to open a Google AdWords account. You can start advertise on Google immediately after paying 5 account activation fee. Your cost of advertising is calculated in pay-per-click (PPC) basis. This means that Google will only charge you whenever someone clicks your text ad.

Paid Survey
Taking online paid survey at home is an easy way to make money online as you don't need any special skills and knowledge to complete paid survey job. In order to increase the money you can earn, you need to join as many market research and survey companies as possible. However you can't expect how much money you will make monthly because you have no idea when a paid survey invitation will send to your mail box. Thus it is not an ideal way to make a wage but a great way to make some extra income for paying your monthly bills.

Dr Sam