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30 June 2008

Starting An Internet Home Based Business - Five Common Mistakes To Avoid

Many people who would like to start an Internet home based business have no idea of the best way to get started. Starting an Internet home based business is definitely exciting but the experience can also be overwhelming. There are vast numbers of Internet home based business opportunities available and researching just a few likely looking ones, can result in information overload.

You can easily succeed with an Internet home business opportunity if you avoid these five common mistakes when starting out.

So what are some of the most common mistakes that people who are starting a home based business can make?

1. Failing to plan and set themselves goals.

Starting an Internet home based business without making a business plan which includes budgets is the first step towards disaster. Having step by step goals and a plan of how much is to be spent at each stage is vitally important. It is essential to know what you want to achieve from your business and how much you intend to spend on start up and ongoing promotion.

2. Failing To Follow A Proven Business Model

There is no need to act like a pioneer in the Wild West when you are starting your home based business. There are any number of examples of proven money making business models on the Internet. Duplication will enable you to succeed with your Internet home based business: find someone who is in the position you want to achieve and duplicate what they did to succeed. If you join a turnkey Internet home based business opportunity, you will have access to training material which will show you exactly what steps you need to take to achieve success in your home business.

3. Falling for a get rich quick scheme

Don't think starting an Internet home based business means you will get rich overnight. This type of unrealistic expectation is one of the biggest reasons people give up soon after starting a home based business. Getting any business into profit mode will take a certain amount of time, and an Internet home based business is certainly no exception.

4. Falling For The "Free" Myth

If you believe you can have a successful Internet home based business without making any financial investment, you are heading for a grave disappointment. There are many valuable free resources available online but expecting to start and develop a serious Internet business with out any outlay is simply not realistic.

5. Giving Up Too Easily

Your two best friends when first starting an Internet home based business will be patience and persistence. Actually, come to think of it, those two will remain your best friends all the way to reaching profit mode and beyond. Becoming successful with an Internet home based business will take time and you must be prepared to exercise patience while you are working towards your goals. You also need to use persisence when working at promoting your business because there are bound to be tasks that seem boring to you.

If you avoid these five common mistakes, you can find success with your home based business.

Elaine Currie works from home. Her "Top Ranked" Work At Home Directory gives you all the information you need about starting an Internet Home Based Business and developing it into a successful enterprise.


28 June 2008

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27 June 2008

how to start my affiliate business??

How? there are 5 steps when you ask how 2 get money from my internet?
it's about planning!!! Many people getting into affiliate marketing are thinking about making a fast buck. It is hard to fault them. Since the formation of CDNow almost thirteen years ago, affiliate marketing has exploded into a billion dollar per year industry. There are also the benefits including little to no overhead, residual income, getting paid for the work of your downline and not having to deal with any customer service problems.

But it is still a business and many people do not understand that a business requires planning. No matter how great the product or service, if you do not have any guidelines mapped out beforehand then you will probably wind up like ninety five percent of affiliate (and internet) marketers who do not make any money online.

Affiliate internet marketing is a lot of work, time, patience, mistakes, uncertainty and constant learning. The key is to create a plan and work it.

Where does it start?

1. Your Office.

Whether working out of your garage, kitchen or bathroom (hey sometimes you do what you got to do), make sure your office is comfortable with proper lighting, ventilation and as little distraction as possible. It is hard to get any work done with the phone ringing every 15 minutes. If you have to, let the answering machine pick up. Set aside blocks of time where you concentrate on nothing but your affiliate marketing

2. Learn and Keep Learning.

Study the affiliate marketers who are making money. Visit affiliate marketing forums. While your overall goal is to become successful, you may from time to time have to change your strategies. Forums are a great place to get tips and ideas that you can adapt to your business. Also, many affiliate programs now offer conference rooms. This allows you to live chat with the product creators, as well as other affiliate marketers participating in the program.

Some conferences are just cheerleading sessions. They get you fired up to sell the product but do not give you any concrete ways to sell it. However, many merchants do provide solid support, answer any and all questions in real time and recommend affiliate marketing strategies to help you. If your merchant is scheduling conferences on a regular basis, take advantage of it.

3. Research Your Target Market.

It is not enough just to know what is going on with your product or service. What are the new trends? Watch television. Read newspapers and magazines. Find out where the hot markets are popping up and how it affects your business. Do not just read affiliate news. Get as much information as possible on what is happening around the world and then apply it to your affiliate business.

4. Your own website.

This is the command center for your affiliate marketing campaign. Yes you can promote different programs without one but this makes it more difficult and less profitable for you. Having your own website means you can capture the visitor information before you send them to the merchant. If they do not like the particular product you are selling at this time, you can always contact them about other offers or promotions later. The beauty is once you get their name and e-mail, you can contact them for as long as they remain on your opt in list. This is called backend and you can believe it is how many of the top affiliate marketers make their money. The money is in the list and the only way to do that is get your own website where people can sign up.

5. Do not kid yourself.

We all want to be millionaires by the time the sun goes down or at least by early the next morning but that is not reality. Affiliate marketing is hard work so set a goal that you can achieve. How much realistic profit can you generate in a month? Start small. If you earned five hundred dollars last month, shoot for seventy hundred fifty next month. They may seem like baby steps but they can stop you from getting any false expectations which lead to discouragement and finally giving up all together. It may take awhile before you actually see any money so hang in there.

According to the AffStat 2007 report over eighty percent of affiliate programs offer revenue sharing. If you plan and treat your affiliate internet marketing like a business, then there is no reason why you cannot share in the profits.

Daryl Campbell is an affiliate marketer and online business owner. It is easy to get lost in the jungle of internet marketing. So what do you do? Get yourself an Internet Marketing Guide. Free tips, tools, resources, coaching, video and up to the minute news and information to help you get out of the jungle. Get started now at Internet Marketing Guide.


26 June 2008

How To Make Money Online

i bet u wonder about that? just think how? it's simple, easy and need a few minutes in front of your online PC. These ways might be work for you first....

Selling a product
The Internet is a wonderfully large and diverse place. By selling a product or service on it, you will instantly become exposed to millions and millions of potential customers. Some products and service are better suited for an online business than others. If you decide to sell a physical product that does not ship easily like certain foods, pets, ice sculptures etc, you are unlikely to make much money on the Internet. Some products are however very well suited. Products which exist only in the electronic realm like digital pictures, software, eBooks, electronic airplane tickets, music etc are ideal for the Internet as they can be shipped to anyone who has an Internet connection. Also, such products can be shipped automatically without human intervention. When deciding to sell a product online, you need to consider if the product you are offering is really ideal for selling online. Whatever products or service you decide for, you need to make a business plan, check out your competition, look into legal matters like taxation and return policies etc.

Advertising online
Many websites rely on advertising as their only source of income. Ads come in many types and shapes and common for them is that they normally generate revenue when a visitor to the website clicks on an ad. In some cases, (a small amount of) revenue is also generated per viewing or a thousand viewings of the ad by a visitor. The revenue generated per click on ads is normally relatively low. Typically starting at a few cents, but up to even a few dollars for the right type of ads. Currently many website administrators rely on ads being provided by Google through Google's AdSense program. These are the types of ads shown next to the legend "Ads by Google". Google generates revenue for each click, and share this revenue with the website administrator. Ads are placed on webpages by contextual matching of the content of the webpage with the ads. Google reads the content of the webpage and provides ads which match this content. This means, that if the content of a webpage is such that advertisers are willing to pay a lot of money for the ads, Google will generate good revenue. And since Google's revenue is shared with the owner of the website, the owner of the website can thus make good money on content of the right kind. Determining which content is high paying is an art in itself. Currently, good revenue seems to come from travel services, various gadgets, recruitment and much more.

As the revenue generated from advertising is relatively low and since relatively few visitors on a webpage click on ads, a large amount of visitors are needed to generate high revenue. With that, a lot of money can be made online this way.

Affiliate programs
Affiliate programs are a type of partnership between a seller of a product or service and an advertiser. The advertiser, who is said to be an affiliate of the seller - sends visitors to the seller's website. For this the seller shares the revenue generated from sales originating from the affiliate with the affiliate. A seller typically has a large amount of affiliates. The percentage of the revenue given to the affiliate can be anywhere from a few percent up to as much as 75 percent. The benefit for the seller is that he or she needs to worry mostly about providing a good product or service and less about marketing since this is done by affiliates. The benefit for the affiliate is that he or she can make money online without having his or her own product to sell. Some affiliates have their own website, whilst others simply make money by placing ads on other websites, thereby directing visitors to the website of their choice. To make money as an affiliate, you'll need to attract a lot of visitors.

In this article we have touched on the subject of making money online. We have described the options for selling a product and service, advertising and affiliate programs.

I wish you good luck.
author : Andrew Nielsen ; written by frost

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