how-to-make-money-online

How To Make Money Online

If you’ve spent some time doing any research, you’ll no doubt have come across more than one such article addressing the possibility of making money from the comfort of your own home, with your computer and in your spare time.  While making money online is one of the easiest ways to free yourself from the chains of society and the displeasing monotony of your “day job”, it is in actually fact not so easy to execute if not approached with the correct mindset.

Now you could be forgiven for thinking this might once again be one of those passages that ultimately winds up funneling you into some sort of marketing system, training course or affiliate program.  If that’s the case, you’ll perhaps find it somewhat refreshing to learn that’s not the way this is headed.. no referral links included here.

Marketing techniques, or perhaps they should be called tactics, are designed to highlight the benefits of an offer and the ease of which achievements can be made, but without deterring you with the “nitty gritty” of the true effort required to attain projected results.  Such tactics prey on the needs and desires of the reader, often identifying with their financial misery and offering a seemingly effortless resolution.

And many would suggest that there is nothing wrong with this approach as the reader always retains the opportunity to do some due diligence investigation and ultimately makes his or her own decision whether or not to proceed to the point of sale and commit to the purchase.

How You Make Money Online

Assuming the offer, product or service is a genuine one, this peace of mind (that you haven’t been defrauded) will only maintain your new-found enthusiasm for a short period of time.  Now, you have the task of attempting to emulate the success of your sponsor, or perhaps their sponsor or even someone many times removed from you and who’s success involved much more effort than that fancy sales/capture page you initially saw was letting on.

So.. what’s the real story here?

In business, whether it be offline or online, revenue and profits are dependent on sales.  Whether it be a product or service, your success depends on the number of customers or partners you can encourage to spend money on your offer.

Therefore it stands to reason that the very first thing you need to consider is what exactly you want to sell.  Returning to making money online; There are numerous ways to generate an income using a computer or even a smartphone including but not limited to..

Affiliate Marketing

Multi-Level Marketing

Direct Sales

Revenue Sharing

Cost-Per-Action Marketing (CPA)

Pay-Per-Click Marketing (PPC)

Whichever you choose, there are some common elements that are required to properly monetize your venture..

A website is more than likely the first thing you will need to reach people in the online marketplace.  You don’t necessarily have to own it, but you will need one to act a s shop window for your offer.  And as websites come in a multitude of shapes and sizes, you will need to determine what will work best for your offer, including the devices that allow your potential buyers to easily interact with your site.

Website traffic (human visitors to your website) is perhaps the most important factor, but happens to be one of the most difficult elements for people to successfully generate.  Attaining traffic is an entire topic in itself and you will find a multitude of articles, guides and systems with a quick Google search.

The key thing to be aware of here is that you don’t just want any website traffic.  You want to narrow your website’s visitors down to people who are already likely to be interested in your product or service – this is called targeted traffic and is more likely to result in a greater volume of sales.

Contact management systems also play an important role in converting a potential buyer into a sale.  Not everyone is immediately ready to whip out their credit card and put money in your pocket.  And unless you have a method of maintaining contact and building trust with your prospective buyer, it’s conceivable that her or she may never see your website again, but may potentially end up purchasing a similar product or service form one of your competitors.

An autoresponder is a contact management system that interfaces with your website via a form that captures your prospective buyers personal information (such as name and or email address) and sends a pre-written series of emails over a period of time with a view to building a relationship with your prospective buyer and encouraging the sale.  The frees you from the time consuming act of personally and physically contacting each prospective buyer.

Depending on the type of marketing you are doing, there are other elements for you to consider, but the 3 listed above tend to be the most commonly used and form basis of most make money online businesses.

So to recap, you need to..

[1] Choose a product or service

[2] Obtain or utilize a website

[3] Acquire targeted website traffic

[4] Follow up with your prospective buyers

So.. is that all?

Making money online involves numerous steps.  Having the product and the tools to display it, plus the ability to build a relationship with prospects is only part of the story.

Coming back to website traffic generation;  This typically involves the writing of attractive headlines and appealing ad copy, which is a challenge for most people seeking to make money online for the first time.  This step often takes lots of practice and testing (known as split testing) until just the right combination of headline and ad copy is identified and yields the best conversion rates.

Conversion rates could be considered as the number of people who “opt-in” to your list (complete the form on your website) or end up making a purchase.  So you need to be clear in you own mind how you measure the success of your ads.  And once you have your “prefect” ad, you need to choose a medium of sending traffic to it.

Again, this is an entire topic in itself, but there exists a multitude of traffic generating methods not limited to..

Search Engine Optimisation (SEO)

Solo Ad Vendors

Safelist Marketing

Traffic Exchanges

Social Networking

These again are all topics you can learn more about with a simple Google search, but represent no-cost to very high cost traffic generation methods – so you’ll need to give some thought to your advertising budget.

And.. should you successfully encourage someone to part with their hard earned cash, they may well require your support regarding use of the product or service or how to benefit from any financial opportunity it presents.  No rest for the wicked!

Still think making money online is easy?

The objective here is not to dissuade you from following your dream or pursuing a direction that could produce life-altering changes for you and your family.  However, you should now be aware when reviewing your next (or first) potential home business opportunity, that there is more to it than meets the eye and you should be prepared to acquire knowledge of and utilize the elements listed above to improve your chances of success.

You first online sale will consist of..

– Your choice of product or service to offer

– A website on which to display it

– An effective ad to deliver visitors to your website

– A method of capturing your visitors details

– A series of pre-written emails to be automatically sent to your prospects

– Your willingness to offer post-sales support to your buyer

Are you ready for this?

It might seem a little daunting, especially considering not every aspect of making money online is covered here.  But the rewards can be so financially fulfilling, that the effort required to acquire the knowledge and piece together the jigsaw is absolutely worth it.

But wouldn’t it be great if there existed a system that presented you with your own personal website, pre-written ad copy, a list of advertising resources, a consistent stream of targeted website visitors, an integrated autoresponder system with pre-written follow-up emails and a community of like-minded affiliates who were prepared to give their support for free?

Wouldn’t that make life much easier for you?

About the author: Kevin Waldron is an affiliate marketer who enjoys writing quotes and sharing his perspective with a view to inspiring others. Feel free to connect with him on Facebook.

revenue-sharing

Perhaps, given the way almost all revenue share administrators operate their systems, the title should have been “Revenue Sharing IS for Dummies”!

Before you consider this might be a scathing attack on the general concept of sharing revenue, note that this is particularly targeted at the recently dressed-up High Yield Interest Program (HYIP) business model feigning value as an advertising platform.

Credit where credit is due, things have moved on from the typical HYIP scam, where “investors” were incentivized by the promise of effortless returns for injecting monies into supposedly profitable commodities.  Nowadays there actually is a product or service attached to such systems – “investors”.. sorry, the term “investment” is now strictly forbidden (big brother is watching), members receive advertising credits to promote their businesses.

This.. is what many consider is a rather lame attempt at legitimacy, brought about by significant interest from certain government bodies, particularly the US Securities and Exchange Commissions (SEC).

But.. the model, has origins that do little to hide the fact HYIP is still in the DNA of the typical advertising revenue share platform.  The most cynical depiction of these platforms’ modus operandi is that of robbing Peter to pay Paul.  This is where funding from new members is used to honor the withdrawal requests of existing members based on their accumulation of shares and or referral commission which are a percentage of personally introduced members’ spending.

Under close scrutiny, which basic due diligence is sufficient to unearth, these platforms can be described as “closed loop”.  There is no outside influence acting upon revenues being shared.  In short, once the membership tires of injecting fresh funds or the majority consider that their potential to profit requires no further input from them, the company’s overheads (namely member withdrawals) start to out accelerate the incoming revenue – in other words, profit turns to loss.

It’s an invariable outcome!

The majority of administrators fix specific repurchase percentages, which to the uneducated appear to introduce funds into the revenue stream.  In actual fact, this serves only to decelerate the depletion of reserve funds, hence making the system appear to last longer and giving more time for unsuspecting new members to become part of the prolongation equation.  These new members will unfortunately never see a long enough service form the system to benefit, nor break even in many cases.

By definition, revenue sharing systems involve the sharing of operating profits or losses among associated financial actors (paying members).  And the current breed of program administrators prey on this, covering themselves by highlighting the fact that revenue can only be shared when sales are made.  And, if losses occur, by participation a member accepts all risk.

HYIP and Revenue Sharing systems are not new, they’ve been around for a significant amount of time and have resulted in numerous high profile legal cases in which sentences were passed on the perpetrators who profited the most.

In light of this information, one could be flabbergasted by the fact that the exact same model, often referred to as PONZI, lives on today without so much as a consideration from administrators to opening the revenue stream to outside influences.  These “experienced” administrators either have no technical ability nor the financial backing to employ programming teams with the capability to introduce such functionality, or… they simply don’t care.

Revenue Sharing scripts can seemingly be purchased for very little money (in the grand scheme of things) and operated by the average man in the street.  And this has sparked the advent new programs on an almost daily basis.  But the fundamental flaw of such a model lies not in the proliferation of readily available scripts nor the inexperience of the program administrator, but the lack of an outside source of revenue.

These types of system attract members in the hundreds of thousands and administrators hold the prime position to monetize them.  But given what you now know, why do you think there is still such appeal in advertising revenue sharing platforms?  Many would say the potential to earn significantly without the hardship of becoming educated in Internet marketing.

But.. there are a few simple facts relevant to succeeding with revenue sharing deals..

[1] Initially choosing one with good potential for longevity

[2] Joining as close to the launch as possible

[3] Funding with significant funds to enable compounding as soon as possible

[4] Introducing others for referral commissions that can boost active share totals

If the administrator, his intentions and his reserve funds balance are unknown, how can potential longevity be measured?  A poorly managed business can “go down” extremely quickly making that early entry potentially the fastest way to lose a lot of money online.  Lack of available funds can make progress and compounding to increase shares a slow process.  And without those necessary Internet marketing skills, referral commissions will be non-existent.

Without being able to guarantee three of the four points above, every revenue sharing advertising platform is a potential non-starter.

Surely, anyone who sees a genuine opportunity to enhance their life with a system containing so many variables must be considered a dummy? 

For Internet marketers, an advertising product does have value.  But for it to be integrated into a revenue sharing model the core product(s) MUST be offered to non-members in order to generate a source of “outside income”. Offering effective advertising without the commitment to becoming a member presents a more financially beneficial system capable of supporting the flow of revenue beyond members’ financial contributions.

Assuming the offered products and services are valuable and garner results, customers will continue buying and of course can be tempted into membership with the offer of a money saving benefits package.  Such a package should include a monthly subscription or a significant but discounted one-off or annual charge to keep the system profitable. Offering additional member bonuses for completing more constructive tasks that offer more value in terms of genuine attention to customer ads will encourage greater participation thus breathing life into the site.

One such task could be enabling customers to set a few generic multi-choice questions related to their ad that a member has to answer in order to receive a greater benefit than the base which would be offered for simply viewing or reading the ad and confirming having done so.  This would focus the member/reader so they could maximize the value of their unit of work – and this increased attention to a customer or other member’s ad could be the difference between making a sale or simply earning a click.

Alternatively or additionally, another feature could be to incentivize social sharing that results in additional financial or credit-based benefit for the member (where an accumulation of credits could go towards member advertising or additional profit shares) and greater exposure for the customer as their ad goes viral.

In fact you might be surprised, with the prominence of social networks, that revenue sharing program administrators/owners haven’t already adopted the above strategy, shoehorned it into a custom script and distributed it across the internet via potential domains like “viralrevshare.com” or “socialrevshare.com”.

In essence, there could be a multitude of focus-based tasks that offer customers and advertisers real value for money when placing ads on these types of sites.  It’s just up to the administrators to devise and implement them.

About the author: Kevin Waldron is an affiliate marketer who enjoys writing quotes and sharing his perspective with a view to inspiring others. Feel free to connect with him on Facebook.

monetize-your-thoughts

Perhaps in your minds eye, the title does conjure images of fluffy white thought bubbles with dollars bills (or whatever currency you prefer) floating around inside them.

But, what does thought monetization really mean to you?  Have you even given it any real consideration up until now?  Can thought’s.. actually be turned into cold hard cash – you know the kind money that little piece of rectangular plastic you own causes ATM machines to spit at you when you punch in your secret pin?

You could be forgiven for thinking this is going down that familiar Think And Grow Rich path, and while there are no doubt elements which will cross over, you can rest assured it’s not the way this passage is headed.

This is less about becoming one with the universe and more about the practical translation of your thoughts into a flow of real money.

That’s not to say that Napoleon Hill’s writings have little significance, far from it.  But for anyone who has neither the inclination nor the capacity to absorb and put into practice the methods he exposes, the following verbiage should prove not only useful, but it’s enlightenment should be easily employable to those who correctly apply themselves.

Paint yourself a mental picture of the world as you know it.  Consider that there are billions of people of different races, nationalities, backgrounds and all whom have differing circumstances.  Many will be of what is considered a “legal” age, many will have growing families, may have lost their jobs, become retired, are low wage earners, have increasing debts or have meager pensions.  For a large percentage, there exists a strong desire to become less financially stressed or even to become financially free.

If you happen to be an entrepreneur, a business owner or affiliate, not attempting to bring prosperity into the lives of these people is tantamount to leaving an affiliate, partnership or sale for someone else’s benefit.

Now, the realist in you will negate the possibility of connecting with people who are from a different culture, speak a different language, hold different beliefs and are in a distant physical locations.  And while your logic does hold value, do consider that English remains the dominant language of international business and global communication, thus reducing one of the major barriers you may have initially considered.

While the advent of technology introduces the possibility that the entire world could be considered your marketplace, being able to reach someone across the globe is only half the story.  That individual or group individuals has to be of like mind, have a degree of trust and an affinity with you before you can fashion a financially and mutually beneficial deal.

So.. how do you identify a like-minded person or group – one with which you can share mutual benefit?

Perhaps the simplest way to look at this is by considering that opinion divides people.  Taking a group of say 100 people and posing a thought provoking or controversial question; The natural order of things will likely divide these 100 people into two or more groups who share different opinions.

Already, an affinity is struck between members of a group who share the same opinion and are alike in mind.  Any one member of that group would more likely be able influence his fellow group members than those from another group who do not share the same opinion.  With this barrier removed, a group member is in a position to connect at a deeper level in order to gain trust and form stronger alliances.

Think of it like this; Would you take advice about a personal issue from a stranger or from a close friend?  A close friendship often entails a degree of sharing.. knowledge of one another at a more personal level.  Sharing a part of yourself is a powerful factor when attempting to build trust.  The strength of any relationship is for the most part determined by the volume of information you know to be reliable about the person in question.  The more you know and believe to be true, the more comfortable you are in trusting your instincts and making positive decisions regarding information they share with you.

Six Degrees of Separation

This is the theory that everyone and everything is six or fewer steps away, by way of introduction, from any other person in the world, so that a chain of “a friend of a friend” statements can be made to connect any two people within a maximum of six steps.

It should now be clear in your mind that the world is in fact a very small place.  You could pass a message to your favorite rock or sports star and it would only have to pass through a maximum of 6 people before it was read.  Imagine if, for your business, you could send out a message with your offer to someone on the other side of the globe who is looking for a way to improve their finances and know that it would pass through no more than 6 people, any of whom may also become a prospect.

You could be forgiven for wondering how you will know your message is going to reach the right person or people.  And while this may seem like a logical consideration, you’re thinking is actually back to front.  Ultimately, what you want, is for people to reach out to you to request your message or offer.  To achieve this, you need to attract these like-minded individuals or groups of individuals.  Master this skill and the six degrees of separation will work for you automatically!

You already know..

– there are people across the globe who have a need for what you have to offer

– your message can be read and understood by people, anywhere in the world

– you are likely to share the same opinions, thoughts, desires and goals with millions of people

– in order to gain trust and build a relationship you must be prepared to exchange some information about yourself

– it’s actually a small world, making it infinitely much easier than you perhaps thought to reach people

– in order to prosper, it makes more sense to attract people to you than to spend time or money chasing them

And this.. is where your thoughts come into play!

While hotel meetings and 3-way calls are certainly not dead, the advent of the Internet and social media have made child’s play of networking with like-minded individuals.  From Skype, to Google Hangouts to Facebook messenger etc, it couldn’t be easier to bring a potential client or partner into your sphere.

There are a multitude of mediums that enable you to connect and communicate.  All that’s left, is for you to know what to communicate in order to attract the people you want.  And this is where a little lateral thinking becomes necessary.

You are the prize, not your offer, not your business, but you.  Your goal is to firstly present yourself as the “thing of value”, for you to be the reason someone wants to connect.  And you can achieve this simply by expressing yourself.

Taking Facebook as one example; Many people utilize and understand it as a social network.  In actual fact, Facebook can simply be described as a blog with people’s life updates.  And, dependent on people’s interests, the likelihood is that what might seem like an insignificant rambling in the daily life of one person, may be of interest to another and so the attraction process begins.  And because each and every user has a relationship with others (typically of like mind), a network of people interested in each others life updates is formed via virtual friendships, some of which do grow to become real.

Two key phrases.. “Like attracts like” and “People buy from people” should now be focussing your mind on why what you think actually matters, but only if people know it.  Bloggers express their thought and opinions daily to attract a readership, nurture that relationship and ultimately sell products to that readership with whom they have built a level of trust, just by writing.  You don’t have to become a blogger, but you do need to find a medium to express yourself if you want people to be interested in you, your message and what you have to offer.

Therefore, it could be stated with reasonable accuracy, that monetizing your thoughts is no more complicated than..

– attracting people to you by utilizing the freedom to express yourself, specifically with regard to your chosen area of interest or niche

– fostering a relationship with these people by sharing who you are and what you believe in

– enabling the natural law of curiosity to present you with an opportunity to strike a deal

Finding business partner(s) with an already significant network of like-minded friends could generate a potential and uninterrupted flow income far beyond what you might have imagined sharing your thoughts with the world could have ever yielded.

About the author: Kevin Waldron is an affiliate marketer who enjoys writing quotes and sharing his perspective with a view to inspiring others. Feel free to connect with him on Facebook.

The creative mind is a powerful instrument.

Modern science dictates that your reality is ultimately a manifestation of your mind.. you are, or you become what you think – a sentiment famously echoed by the great Buddah..

“All that we are is the result of what we have thought. The mind is everything. What we think we become.”

The law of vibration dictates that nothing remains still. Everything, motionless as some things appear to the naked eye, is actually moving.. everything vibrates. Everything in the entire universe is pure energy, each taking it’s form by vibrating at different frequencies – as confirmed by science.

There exists an axiom stating that “like energy attracts like energy” upon which the “Law of Attraction” is based. Every one of your physical senses is conveyed through vibrations as are your thoughts and emotions.  Therefore, the ultimate power of your own mind hinges on your ability to control your mental vibrations.

“What ever the mind can conceive and believe, it can achieve.” – Napoleon Hill, Think And Grow Rich

With this revelation, credence must be given to the following differentiators between those who find financial success at will and those who simply, don’t!

Perhaps.. you can compare how your thoughts align..

1. Average people think MONEY is the root of all evil. Rich people believe POVERTY is the root of all evil.

2. Average people think selfishness is a vice. Rich people think selfishness is a virtue.

3. Average people have a lottery mentality. Rich people have an action mentality.

4. Average people think the road to riches is paved with formal education. Rich people believe in acquiring specific knowledge.

5. Average people long for the good old days. Rich people dream of the future.

6. Average people see money through the eyes of emotion. Rich people think about money logically.

7. Average people earn money doing things they don’t love. Rich people follow their passion.

8. Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.

9. Average people believe you have to DO something to get rich. Rich people believe you have to BE something to get rich.

10. Average people believe you need money to make money. Rich people use other people’s money.

11. Average people believe the markets are driven by logic and strategy. Rich people know they’re driven by emotion and greed.

12. Average people live beyond their means. Rich people live below theirs.

13. Average people teach their children how to survive. Rich people teach their kids to get rich.

14. Average people let money stress them out. Rich people find peace of mind in wealth.

15. Average people would rather be entertained than educated. Rich people would rather be educated than entertained.

16. Average people think rich people are snobs. Rich people just want to surround themselves with like-minded people.

17. Average people focus on saving. Rich people focus on earning.

18. Average people play it safe with money. Rich people know when to take risks.

19. Average people love to be comfortable. Rich people find comfort in uncertainty.

20. Average people never make the connection between money and health. Rich people know money can save your life.

21. Average people believe they must choose between a great family and being rich. Rich people know you can have it all.

Source: 21 Ways Rich People Think Differently

If this all is too much to comprehend in one sitting, feel free to return and re-read at your leisure or, consider other ways to monetize your thoughts.

About the author: Kevin Waldron is an affiliate marketer who enjoys writing quotes and sharing his perspective with a view to inspiring others. Feel free to connect with him on Facebook.