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Showing posts with label work from home. Show all posts
Showing posts with label work from home. Show all posts

Tuesday, May 6, 2008

5 Super Simple, Yet Extremely Powerful Home Business Ideas to Make Money Right Now!

Fed up with all the crap online today about how to make money right now? Do you want simple, yet proven, business ideas that will not take a lot of money or time to set up and STILL make you a decent income? Well, today you are in luck! I am reviewing 5 of the best businesses online that you start, with very little money and a little time. (More time if you are new to online businesses.)

Note: These ideas are just to get you realizing how many great business opportunities really are available to you. For free—mostly. So stop making it harder than it has to be!

Membership Sites

Ever heard of these? Of course you have! You probably are a member of some of them. The top industries for membership sites includes: dating, diets, and internet marketing. This is just 3 of the many niches that use membership sites, and there are so many more niches that you could build a membership site in!

How much do you suppose you could make with membership sites per month? $100? $200? What if I told you that you could make at least $1,000 per month, with the very real possibility of making more like $10,000 per month? Would you be intrigued? Well, let’s break down how this can happen:

Say you set your membership fee at $20 per month. (That is affordable for most people, as they go out several times a month to eat and most likely spend double that amount each time.)

Then say that you have 100 members. (That’s a modest figure.) That is $2,000 residual income each month that you do not have to work for. What could you do with an extra $2,000 a month?

Okay…here is where it gets really exciting—what if you had 1,000 members? That’s $20,000! Per month! You would be able to quit your job and work on your business full time and really grow it! Are you ready to learn more about membership sites? Keep reading…

What is your passion? Football? Outdoor sports? Magic? Whatever your passion is, chances are there are a lot of other people who share your passions. People that you could make money from. But how do you create a membership site? If you are technologically impaired (like me), then you will need to have someone create a membership site for you. But this could set you back thousands of dollars, and I don’t know about you, but I just don’t have that kind of money to waste on something that can be made a lot cheaper.

Build Me This creates fully loaded pre-built and custom made membership sites that you can start working on immediately to bring in members. For a lot less than having one created from scratch with a freelance programmer…

Blogging

Professional blogging has made its way into our language for a reason—it works. You can get started on this business for free, and review products for payment. You could also review affiliate products, and if people click on your links, you get paid. To get started, follow the steps below and you will be in business!

  1. Sign up with either WordPress or Blogger for your free blog. Or, you can buy a domain name, and set up WordPress on your domain. Either way works.
  2. Sign up with Commission Junction and start applying for programs to promote.
  3. Write reviews.
  4. And after 3 months, and 20-30 posts, you can sign up with Pay Per Post to begin reviewing products for immediate payment.

And that is it! You are in business as a Professional Blogger!

Affiliate Marketing

This is similar to blogging, but you do not have to set up a blogging account to get started. Here’s how to get set up:

One—sign up with an affiliate program network, such as Commission Junction, and begin applying for programs.

Two—sign up for an account with HubPages.

Three—Begin creating quality Hubs and add in your links as resources.

And voila! You are in business! Now, there are many more ways to promote your affiliate links, but we are not going into that here. This is just one way to get started. Do more research, after you get started with this method.

Residual Affiliate Marketing

Much like the above method, this one has an advantage—residual checks for one sale. These are like membership sites, where you get paid each month for the same sale you made a few months ago. You can get started with these by going to Lifetime Commissions and signing up for programs. Then, begin adding your link with the methods mentioned above.

Article Writing

“Content is King!” The last business idea is to promote all the above businesses by one method—writing articles and plugging them in places on the Internet where content is needed. That’s virtually anywhere…forums, article directories, hub pages, blogs, websites anywhere, and more. The possibilities of where to put your content are endless! You can learn more about this method at the Bum Marketing Method website.

Also, once you get proficient and make some decent money from this, you can actually do this for others for a nominal fee! Or, you could create a members site where you provide a certain amount of articles for a monthly fee. You could grant your users rights to publish the articles with or without your links…the possibilities are endless here.

And that’s how you can easily and cheaply start a business that will bring in money for years. Get started now, will you??

Friday, May 2, 2008

How to Win the Advertising and Promotion Game

I am certain that, as a business owner, you have often
entertained the question as to how much to spend and where to
spend your advertising dollars. For most small business owners,
these questions can add to the headaches suffered in the course
of normal everyday operations of their business. (Find out how to avoid those headaches with PIPS )

THERE ARE NO SIMPLE ANSWERS

The how much to spend and where to spend it questions have no
easy answers.

Depending on your type of business, many people suggest that the
*how much* should be equal to anywhere from 4% to 10% of your
gross receipts.

The quandary is that a business cannot survive without a fresh
flow of incoming customers. But, a business can seldom generate
a fresh stream of customers without spending money to get the
word out about their business.

THE CHALLENGE OF DEVELOPING EFFECTIVE ADVERTISING

Have you ever paid for advertising and sat back to await the
fresh flow of customers, only to find yourself sitting and
sitting and then sitting some more?

Don't feel bad about that. It has happened to many of us before.

See, knowing where to spend the advertising money is not enough
to get the job done.

Where to spend the money only begins to highlight the other
issues connected with advertising:

· Marketing Plan
· Advertising Strategy
· Headlines, Ad Copy and Visual Presentation
· Tracking the Success of Your Advertising Campaigns

THE MARKETING PLAN

The Marketing Plan is used primarily to identify your own
products and services, costs, strengths, weaknesses and the
strengths and weaknesses of your competitors.

ADVERTISING STRATEGY

It is important to understand what you expect to gain from your
advertising.

Do you simply wish to get your name known so that when your
customer will need you, they will think of you first? Or, do you
wish to get your customers in your front door on Saturday?

Do you want your customers to come in and take a look around to
discover the next object that they cannot live without? Or, do
you want them to come in and buy a specific widget?

Do you hope that enough people will come in to buy enough
products or services to pay for your single ad? Or, do you
expect to gain a lifelong customer who will help pay for your
advertising over the course of several years?

When you know what you want, then you will better understand
just how to do it.

HEADLINES, AD COPY AND VISUAL PRESENTATION

You might be surprised how many business owners put out
advertising without regard for the quality of the sales pitch or
presentation. The quality of your distribution outlet or the
amount of money you spent to get there will do little for you if
the advertising vehicle is a junker.

Test all of your advertising materials in smaller markets before
blowing your advertising bank roll on it. You must absolutely
know the value of your advertising before putting large sums of
money behind it.

TRACKING THE SUCCESS OF YOUR ADVERTISING CAMPAIGNS

Tell your customers to save another 10% when they tell you they
heard or saw your ad in such-and-such location. Suggest that
they can register to win a free widget if they fill out a form
and have them to tell you how they heard of your business.
Advertise a specific widget in your ad and track the sales of
that widget.

It does not matter how you track your advertising --- just make
sure you do it!

IN SUMMARY

The ideal way to spend your advertising budget is to buy a rifle
with a high-powered scope and to only shoot your targets in the
light of day.

If you are not tracking your advertising, then you are shooting
a pellet gun without an attached scope, with blinders on, and
shooting in the dead darkness of night.

Even with a bigger gun, the blinders in the dark constitute the
single largest mistake made by advertisers. If you are unable to
track your advertising to learn what is working well, what is
working somewhat, and what is a money pit, then you are
condemned to repeat your mistakes over and again.

By relying only on gut instinct, you may be choosing to spend
more money in the money pit and to lose all of your money in the
process.

When you get down to the nuts and bolts of making money from
your advertising, you should plan, prepare, track and study your
results. You must have factual information on which to base your
advertising decisions. When you are making the right advertising
decisions, then making money from your business might just come
easy.

Shameless Plug:

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your own home business and subscribe to The Home Biz Guy's
Free Home Business Secrets Mini-Course at:
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Wednesday, April 30, 2008

Understanding the Difference between Marketing & Promotion

Are you an online marketer? Or do you simply promote affiliate
programs? Marketing is truly the most misunderstood word in use
today on the Internet. Let me see if I can clarify this issue
just a bit.

In Marketing 101 at your local university, marketing is actually
the process of Product, Place, Price and Promotion.

PRODUCT

No business can exist without a product or service to sell.

In a nutshell, entrepreneurs are the people who believe in a
product, service or idea, so much that they are willing to
invest their lives into the development of their dream.

Historically, every major corporation in the world was started
by an entrepreneur with a dream and the drive to make it a
reality.

However, there comes a time in the life of every corporation
when those who fear the gambling nature of their founder, squash
the entrepreneurial drive that made the company a viable concern
in the first place. The entrepreneur will either submit to the
careful nature of the stockholders, or he will be forced to
leave the company he created.

The only entrepreneurs who withstand the pressure to move more
carefully are those who have maintained majority control over
their companies.

PLACE

In the offline world, place is defined by location. On the
Internet, place is defined by domain name and the web hosting
service chosen.

Both online and offline, place can make or break a company
without respect to the quality and value of the product, service
or idea.

PRICE

Selecting a price is determined first on a basis of whether the
company wants to be seen as a discount or a value company.

Take for example Wal-Mart and Staples.

Wal-Mart is the lead discounter in the marketplace. Staples on
the other hand is the specialist in office supplies.

Both sell a significant number of office supplies despite the
fact that the lowest price can usually be found at Wal-Mart. As
a value dealer, Staples can afford to charge more for their
products than Wal-Mart.

So the question for you is whether you want to position your
company as a discount or value company.

Testing has shown that products and services can be sold at any
number of prices and still reach a significant number of people.

The challenge of selecting the best price for your product or
service will require a certain amount of testing.

UNDERSTANDING THE PRICING EQUATION

Let`s assume we are selling a product. Let us also assume that
we know that the product can be sold for $10 or $50. Let us also
assume that if the price dips below $10 or rises above $50, then
the product sales fall off significantly.

Our challenge is to determine the best rate at which to sell our
product.

Testing has shown us that we can sell 1000 items a week at $10.
Testing has also shown that we can sell 500 items per week at
$50. And testing has shown that we can sell 650 items per week
at $45.

At $10, our projected weekly earnings are $10,000. When we sell
the product at $50, we know that we can earn $25,000 per week.
Most importantly, we know that we can earn $29,250 when our
product is priced at $45.

With the imaginary testing we have done on our imaginary
product, we can easily see that selling our product at $45 per
item will earn us more money over the long haul.

Thus, when we make the decision for a national rollout of our
product, then we will price our product at $45.

Of course, this is a very simplistic analysis of the point I am
trying to make. Though simple, I believe this analogy will help
you understand the methods of developing a product`s prices.

PROMOTION

Promotion, on the other hand, is the process of notifying the
consumers for your product or service of your availability to
serve them.

Methods of promotion vary distinctly and should be arranged to
meet very specific goals.

As with product, place and price, promotion should not be left
to chance. You should test every ad, every media, and every
price point to determine the best bang for your promotional
dollars.

HEADS UP!

If you are an online promoter or marketer, please factor in the
most important element concerning the cost of your promotions.

What element is that? Your time!

Value your time at a certain dollar amount, and figure in your
time into the cost of your promotional accounting.

I say this because too many online promoters lose sight of this
concept and spend 20 hours to generate one sale while using free
advertising. Even if you rate your time at the federal minimum
wage, then you will have invested $105 of your time for one sale
that might only net you a gross sale of $45!

ARE YOU TRULY A MARKETER OR ARE YOU JUST A PROMOTER?

Most people who run a business on the Internet call themselves
marketers. Yet, most of these same people are really just
promoters wrapped in the label of a marketer.

True marketers do not promote without a lot of advance work.
They spend time planning, testing and measuring their actions
and results to get the most out of every dollar spent and earned.

Entrepreneurs finesse the art of marketing as they build their
company into a major enterprise.

If you are a promoter who does not keep an eye on the total
marketing equation, then you are bound to fail.

If you do call yourself a marketer, then do what a professional
marketer does. Make sure that every dollar spent is spent well.
Make sure that every dollar earned is put to good use. Market
well so that when the people of the next generation look at your
life, they will see a fine example of a successful entrepreneur
that they will strive to emulate.

About the Author:
------------------------------------------------------------
Stone Evans, The Home Biz Guy has helped thousands of people
in over 200 countries around the world start and run a
successful home business. Discover 3 easy steps to start
your own home business and subscribe to The Home Biz Guy's
Free Home Business Secrets Mini-Course at:
Profits-Marketing
------------------------------------------------------------

Monday, April 28, 2008

Do you have what it takes to be an e-entrepreneur?

Do you have what it takes to be an e-entrepreneur?
Copyright © Stone Evans, The Home Biz Guy
Author of "Dotcomology - The Science of Making Money Online"

These days, it seems like everyone wants to work
from home and make money on the Internet. But
before you even turn on your computer, the first
question you have to ask yourself is whether
you’re cut out for this kind of work.

The fact is, building a home-based business isn’t
for everyone. Some people like the commute. They
really do enjoy having a boss who tells them what
to do, and they like the routine of working
nine-to-five for an ordinary salary that can
barely pay the mortgage. Personally, I think
they’re nuts.

More reasonably, there are people who are
concerned about the risk of starting up their own
business. They’re not sure it’s worth the
investment of time and money, and they’re scared
of the responsibility that comes with running
their own company. They wonder if there is
another way to escape the rat race.

I’m sure there is. You could win the lottery or
wait for your Aunt Sue to keel over and leave you
her condo. Or maybe you could sit down with a pen
and paper and draw the blueprint for "The Next
Big Thing". Anything can happen... Right?

For me, what happened was creating a successful,
self-running Internet marketing system. It didn’t
happen without effort. It didn’t happen without
at least some initial investment of both time and
money and, of course, it doesn’t happen now
without me making sure that the taxes are filed
and the paperwork is done. But it happened.

I’m my own boss. I work from home according to my
own schedule and I get to pocket all the cash my
business makes. If you’re prepared to give an
e-business the time, the work and the money it
needs to get started and get growing, it can
happen for you too.

Article excerpted from "Dotcomology":
Don't Pay A Dime For Any Ebook, Marketing
Course, Software Program Or Anything Else Until
You've Read This Groundbreaking Document...
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