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Multiple income streams; exciting words, but what does it mean in every-day English?
In the world of Niche Markets in Internet business, multiple income streams simply means having more than one source of income. This is achieved by making money from more than just one online business.
Each different web site would generally be a different business. They could relate to each other, but not necessarily. You could have businesses that have nothing to do with each other. Both methods ...more
While it can be quite easy to start an online business, not all people make a success. How then successful business man/woman could make it? Every successful business has its own story, however, there are some common factors that make a business hard to fell down.
Here is ten checklist that help you to be successful.
1. Set a goal
Without a goal, a success is driven just by chance and it's very low. Your ultimate goal is generating substantial income from your site. B ...more
You need to do a bit of research on which affiliate programs you choose to work with. Why work hard to make $10 when the same amount of work could have netted you $100? Choose your affiliate relationships wisely.
First of all make sure that you are targeting the right market. Don't try to sell nursing shoes on a site that is all about hunting and fishing. Even if you were able to get someone to look at your product, the odds are pretty low that you are going to make a sale (stranger ...more
When you join an affiliate program or start an affiliate program of your own, you have to decide whether it will be a single tier or two-tier affiliate program.
With a single tier program you earn a commission on any sales you make and that is it. If you are running your own affiliate program, you pay your affiliates a commission for any sales they refer and that is all.
However, with a two-tier program, affiliates are allowed to recruit sub-affiliates and are paid a small percent ...more
"Where is all the help I'm supposed to get. I have been buying ezine and classified ad builders and signing up for Echecks and Virtual credit cards. In the meantime I have no business and no ads set up. When does all this happen? Let's go here. I spent all day on this. I'm running out of time."
I kid you not, this is the sum total of an actual email that hit my inbox this week. Not only did I not know this person from Adam, this was the first and only email I had ever received from her ...more
You may have heard of joint venture marketing, It's used frequently by savvy entrepreneurs to increase profits and add loads of prospects to their customer list.
So what is joint venture marketing (or j/v)?
Speaking at the Information Marketing Boot Camp (http://www.dc-infobiz.com), Joint venture expert and entrepreneur John Alanis describes it as "a mutually beneficial agreement to sell similar products or services to customers or prospects."
You approach another entreprene ...more
Starting a home-based business on the Internet is easy you say. You have your web page built, your affiliate links and you're ready to go. Not really, you need to make sure you have all your i's and t's crossed when it comes to taxes.
First, you will need to register your business name with the city government. When I registered my business name with the city I was charged $11 -- so expect to pay a small fee when filing this legal document with your local goverment ...more
This is a technique I teach almost every day. Yet almost no affiliate marketers are currently using it!
The trick is so interesting that you'll learn how to actually make money off of your competitors.
Here's how it works:
Step One: Create an "Upsell."
An Upsell is simply a more expensive product or service that you offer to your current customers. One of the best Upsells is a service that simplifies a complex process. Examples would be installing and running software, ...more
Once you truly understand the power of backend profits, you'll explode your marketing results and create an unstoppable viral machine.
The techniques I will reveal to you have often been taught in many marketing courses and articles...but they are still underutilized because of two words -- "tunnel vision."
Backend profits means the additional income that you earn from a customer. The first purchase from a customer is the front end profits while the second purchase and so forth w ...more
As competition within the online affiliate sales arena rises to a fierce boil, affiliate sellers expecting any degree of success must first find effective methods to set themselves apart from the crowd.
An uninitiated affiliate may expect to make sales simply by placing a referral link on his website, or by distributing the link in an email. On the other hand, a seasoned affiliate seller knows that a unique marketing twist of one sort or another must be built into the campaign for a sa ...more