Wednesday, November 5, 2008
I am going to talk to you about what internet marketing is about and than I will give you some friendly advices about how and where you should start this kind of job. I am also going to give you some of the reasons you should start a career in this domain and I hope you are going to like them.
First of all you should now what internet marketing is and how you should go about it. Internet marketing is a serious and real job, very much the same as your actual job, if you have one.The only difference between the two is that in this job you are your own boss, this fact will probably please most of you. Now you should now what you will have to do as an internet marketer, although some of you probably already know.Being an internet marketer means that you will have to sell all sorts of products online and you will get payed for it. There are a lot of producers which will give you a certain percentage of the products cost if you drive more traffic to their web page.There are also some things that you need to know before jumping into this type of work. The first one is that even though this is an online based job you will have to work very hard to succeed. Second thing you should take this job very serious because even if you are your own boss and you can work when ever you want and where ever you want this is still your job. So don't think for a second that this is going to be easy because it's not the only difference is that from this job you will have bigger rewords and a very solid income that the one from your job.
Now to put thing into perspective for you let's imagine that you have a monthly average of 2 sales per day and you earn with each sale up to 50$. That is a monthly salary of 3000$ per month and I for one think that is pretty great. Now I am not saying that this is the maximum profit that you can make in this line of job because I know people that make up to 10000$ per month maybe even more.But if you want to be able to get to this big salary you will have to learn how to do it and I am going to recommend to you to learn all of this at an online University not from one of those e-books. The University has a lot of things in store for you that an e-book can't possibly have an those are as you will see support and a lot of help offered by all the great internet marketers from there.
First of all you should now what internet marketing is and how you should go about it. Internet marketing is a serious and real job, very much the same as your actual job, if you have one.The only difference between the two is that in this job you are your own boss, this fact will probably please most of you. Now you should now what you will have to do as an internet marketer, although some of you probably already know.Being an internet marketer means that you will have to sell all sorts of products online and you will get payed for it. There are a lot of producers which will give you a certain percentage of the products cost if you drive more traffic to their web page.There are also some things that you need to know before jumping into this type of work. The first one is that even though this is an online based job you will have to work very hard to succeed. Second thing you should take this job very serious because even if you are your own boss and you can work when ever you want and where ever you want this is still your job. So don't think for a second that this is going to be easy because it's not the only difference is that from this job you will have bigger rewords and a very solid income that the one from your job.
Now to put thing into perspective for you let's imagine that you have a monthly average of 2 sales per day and you earn with each sale up to 50$. That is a monthly salary of 3000$ per month and I for one think that is pretty great. Now I am not saying that this is the maximum profit that you can make in this line of job because I know people that make up to 10000$ per month maybe even more.But if you want to be able to get to this big salary you will have to learn how to do it and I am going to recommend to you to learn all of this at an online University not from one of those e-books. The University has a lot of things in store for you that an e-book can't possibly have an those are as you will see support and a lot of help offered by all the great internet marketers from there.
Sunday, September 28, 2008
How to Succeed in Network Marketing With the Internet
0 comments Posted by Respect Humanity at 7:25 PMThis article will open your eyes to the mistakes that people are making on the Internet, and show you how to succeed in network marketing with the Internet
So lots of people are finally getting wise to the power of the Internet to grow a network marketing business. Unfortunately for them, and fortunately for you and I, they don't have the first clue what they are doing. Most network marketers are applying the same marketing techniques online that they use offline.
For example; most network marketing companies and sponsors advise outdated methods of marketing their business opportunity. You know the kind of stuff. DVDs, brochures, promotional calling cards, etc.
None of that stuff ever worked very well, however, most companies still churn out tons of the stuff. They encourage all of their distributors to buy it and distribute it randomly. There's no science behind the method. It's a case of : just present it to as many eyeballs as possible and someone might get interested.
This method is very inefficient because they don't target a specific audience to market to. When people get online to build their business they make exactly the same mistake.
Business opportunity seekers are a very niche market. You need to be marketing to network marketers, would-be network marketers, ex network marketers and failed network marketers. Most other people just aren't interested in starting a home business.
People that have been marketing successfully on the Internet for years, have realized that to be successful on the WWW, you have to market to niche audiences. You can't afford to market to everyone on the web. You would have too much competition to ever be able to compete.
For example; I know of one gentleman that has built a $20million dollar a year business from promoting dating techniques. Other people sell products on dog grooming tips, fixing cycle tires etc.
Do you get the idea? You market to a very defined niche audience, NOT the entire Internet community.
So what do you market to your network marketing niche audience?
Most people are out there just plugging their business opportunity. This is absolutely the biggest mistake that you can make.
People do not like to join business opportunities. People like to join people.
What you have to be marketing to your niche audience is YOU!
You need to brand yourself as an expert who can add value to peoples lives and businesses. If people see you, like you, and feel that you can help them solve a problem in their life, then they are far more likely to come to you than some random stranger on the Internet.
How do you brand yourself as such a person?
The best way that I have found is to give away free information. Too many people on the Internet are trying to sell something. Give information away and people are far more likely to access what you have to say.
Maybe you could offer a free newsletter that gives advice on network marketing. Maybe you could write a series of articles. What about writing an ebook and giving that away?
Whatever way you decide, you must give without expecting anything in return.
Build trust and rapport with your audience. Once you have their trust they will be far more open to considering your business opportunity.
So lots of people are finally getting wise to the power of the Internet to grow a network marketing business. Unfortunately for them, and fortunately for you and I, they don't have the first clue what they are doing. Most network marketers are applying the same marketing techniques online that they use offline.
For example; most network marketing companies and sponsors advise outdated methods of marketing their business opportunity. You know the kind of stuff. DVDs, brochures, promotional calling cards, etc.
None of that stuff ever worked very well, however, most companies still churn out tons of the stuff. They encourage all of their distributors to buy it and distribute it randomly. There's no science behind the method. It's a case of : just present it to as many eyeballs as possible and someone might get interested.
This method is very inefficient because they don't target a specific audience to market to. When people get online to build their business they make exactly the same mistake.
Business opportunity seekers are a very niche market. You need to be marketing to network marketers, would-be network marketers, ex network marketers and failed network marketers. Most other people just aren't interested in starting a home business.
People that have been marketing successfully on the Internet for years, have realized that to be successful on the WWW, you have to market to niche audiences. You can't afford to market to everyone on the web. You would have too much competition to ever be able to compete.
For example; I know of one gentleman that has built a $20million dollar a year business from promoting dating techniques. Other people sell products on dog grooming tips, fixing cycle tires etc.
Do you get the idea? You market to a very defined niche audience, NOT the entire Internet community.
So what do you market to your network marketing niche audience?
Most people are out there just plugging their business opportunity. This is absolutely the biggest mistake that you can make.
People do not like to join business opportunities. People like to join people.
What you have to be marketing to your niche audience is YOU!
You need to brand yourself as an expert who can add value to peoples lives and businesses. If people see you, like you, and feel that you can help them solve a problem in their life, then they are far more likely to come to you than some random stranger on the Internet.
How do you brand yourself as such a person?
The best way that I have found is to give away free information. Too many people on the Internet are trying to sell something. Give information away and people are far more likely to access what you have to say.
Maybe you could offer a free newsletter that gives advice on network marketing. Maybe you could write a series of articles. What about writing an ebook and giving that away?
Whatever way you decide, you must give without expecting anything in return.
Build trust and rapport with your audience. Once you have their trust they will be far more open to considering your business opportunity.
Saturday, September 20, 2008
It used to be simple to manage telecom expense; you had some local phone lines and a long distance telephone bill to review. As your business grew you added a PRI circuit to handle the growing number of calls and started adding Frame Relay services to connect your locations. Today you have multiple call centers that utilize VOIP gateways and you are converting many Point to Point circuits to MPLS. You have more wireless devices deployed then you thought possible and just trying to keep track of and support the end users is taxing your IT staff. Throw in the accounting department that has to reconcile the wireless devices to the wireless plans, along with validating the return of company assets as employees leave the company and you have a system that is ripe to cause budgetary leak. The stacks of telecom bills have gotten smaller only because your service providers are now sending your monthly telecom invoices to you on CD's.
To successfully manage telecom expense in the ever changing business environment you need to research telecom expense management software solutions that will integrate your company's internal software with a robust telecom expense management reporting package. When any local service, circuit, network asset, or wireless device is turned up or down the system will automatically track the changes and even issue an electronic order to the carrier to cancel the line charge, it will then conduct an audit of that circuit against the carriers invoice and notify you if the line item charge is still appearing so that you can request a refund for the time the service was canceled but still billed.
If you don't feel your company is ready for such a system as the managed telecom expense software solution, I strongly suggest that you research the different telecom auditors that offer their services usually on a contingency based performance percentage. You only pay a fee based upon the actual savings realized on your invoicing, make sure that you have a baseline established before the telecom audit so that you can establish the true savings when your invoices start arriving after the recommended changes take effect. The recovery fee is based on the same principle and is due when a credit or check from the carrier who over charged you for their services is issued.
To successfully manage telecom expense in the ever changing business environment you need to research telecom expense management software solutions that will integrate your company's internal software with a robust telecom expense management reporting package. When any local service, circuit, network asset, or wireless device is turned up or down the system will automatically track the changes and even issue an electronic order to the carrier to cancel the line charge, it will then conduct an audit of that circuit against the carriers invoice and notify you if the line item charge is still appearing so that you can request a refund for the time the service was canceled but still billed.
If you don't feel your company is ready for such a system as the managed telecom expense software solution, I strongly suggest that you research the different telecom auditors that offer their services usually on a contingency based performance percentage. You only pay a fee based upon the actual savings realized on your invoicing, make sure that you have a baseline established before the telecom audit so that you can establish the true savings when your invoices start arriving after the recommended changes take effect. The recovery fee is based on the same principle and is due when a credit or check from the carrier who over charged you for their services is issued.
Saturday, September 13, 2008
There is nothing like earning cash with leaving your own home. Running a business from the comfort of your own come entails tons of benefits from saving commuting hours to having flexible working hours. These benefits can be achieved through Multilevel Marketing business. There are several work from home MLM businesses but only a few of them succeed.
In addition, people often just enter work from home MLM business opportunities without even verifying the legitimacy of the business. More often, they risk a large amount of their hard earned cash and watch it turn into stone.
How to Know a Scam from an Authentic
The number of work from home MLM business opportunities available is staggering; much like the same number of business scams available worldwide. People who are in dire need of a source of cash are sometimes the most vulnerable recruits of business scams.
However, it does not necessarily mean that every home-based business opportunities are something that you should avoid. There are also other work from home MLM business opportunities out there that are legitimate and careful investigation can help you determine what those are.
In order to know what those legitimate business opportunities are, look for companies that are searching for salespeople for their products. You might even find it easier if you are comfortable with their products or possess good sales skills. More so, always ensure that you are fine with the concept of selling to those people whom you already know, because that is usually one of the main objectives of network marketing.
Nevertheless, research will always be an important factor when determining what business opportunity you want to go for. Even before franchising a license or deciding to enter any Multilevel Marketing business opportunity, you, as a prospective business owner, have the task to do some proper research. You can start by calling a local Better Business Bureau but you can also contact the Better Business Bureau of the company's state as well. Doing so, would help rule out the possible business scams from your list.
How to Start With the Business
Now that you know what business opportunity you want to embark in, it is the golden rule of any business to learn all about marketing. Do not be too eager to jump in and spend your money on products that you do not know how to sell. It would be easier and helpful if you join a free affiliate program. This kind of program often offers support and training courses and does not require you to buy anything before becoming a member.
Next, you must dedicate a time for learning. Although this can be the hardest part of starting a business, the benefits it can bring in the long run is enough reason for you to do so.
Lastly, after you have learned everything about the business, it is time for you to spend some cash and purchase products that you want to resell. Even though you have experienced selling products through affiliate programs, now is the time to think about selling products for yourself.
In addition, people often just enter work from home MLM business opportunities without even verifying the legitimacy of the business. More often, they risk a large amount of their hard earned cash and watch it turn into stone.
How to Know a Scam from an Authentic
The number of work from home MLM business opportunities available is staggering; much like the same number of business scams available worldwide. People who are in dire need of a source of cash are sometimes the most vulnerable recruits of business scams.
However, it does not necessarily mean that every home-based business opportunities are something that you should avoid. There are also other work from home MLM business opportunities out there that are legitimate and careful investigation can help you determine what those are.
In order to know what those legitimate business opportunities are, look for companies that are searching for salespeople for their products. You might even find it easier if you are comfortable with their products or possess good sales skills. More so, always ensure that you are fine with the concept of selling to those people whom you already know, because that is usually one of the main objectives of network marketing.
Nevertheless, research will always be an important factor when determining what business opportunity you want to go for. Even before franchising a license or deciding to enter any Multilevel Marketing business opportunity, you, as a prospective business owner, have the task to do some proper research. You can start by calling a local Better Business Bureau but you can also contact the Better Business Bureau of the company's state as well. Doing so, would help rule out the possible business scams from your list.
How to Start With the Business
Now that you know what business opportunity you want to embark in, it is the golden rule of any business to learn all about marketing. Do not be too eager to jump in and spend your money on products that you do not know how to sell. It would be easier and helpful if you join a free affiliate program. This kind of program often offers support and training courses and does not require you to buy anything before becoming a member.
Next, you must dedicate a time for learning. Although this can be the hardest part of starting a business, the benefits it can bring in the long run is enough reason for you to do so.
Lastly, after you have learned everything about the business, it is time for you to spend some cash and purchase products that you want to resell. Even though you have experienced selling products through affiliate programs, now is the time to think about selling products for yourself.
Before you decide to quit your job and start looking for work from home opportunities, it is important to know what you're truly getting yourself into. There are several endless possibilities but there are a number of requirements as well to stay successful. Discover the advantages and disadvantages of home based businesses and learn how to get a great head start.
The Advantages
The obvious advantages of finding work from home opportunities include having a more flexible schedule. You do not need to get dressed and wake up at the same time every morning as well as leave work during the exact periods. You save more in commuting costs and time. You also get to work when your mind and body is at their peak. Working at home provides you with the type of environment that should be both comfortable and conducive to productivity. There is also the opportunity of being close to your needs and personal pleasures.
By working at home, you save costs in office space and materials. MLM or multilevel marketing companies are usually based on the web which is why you only need to maintain web sites that do not necessarily have to exist in the real world. Although the products and services may exist in real time, these are much easier to maintain. Advertising and other selling strategies are also done online. All you truly need in a network marketing business is a home computer or laptop.
Perhaps the most advantageous aspect of work from home opportunities is tax advantage. Commissions gained from successful sales made via online companies are actually non-taxable or have significantly smaller deductions compared to working regular jobs at the office. By joining MLM or online network companies, your income becomes unlimited as long as you continue generating sale and recruiting more agents through you. You will constantly earn a proportionate amount for their respective sales as well which means earning without actually investing any more time and effort in the future.
The Disadvantages
Although your schedule becomes much more flexible, it does not mean that commitment and involvement is also less. Some people find that working at home at their own pace can actually become more time-consuming and stressful due to the fact that they have to finish particular tasks instead of working for the hours.
In order to finish transactions, you have to sell efficiently and constantly innovate in your methods by getting in touch with other individuals and web site owners, researching new marketing strategies and improving advertisements. This could mean working more than the usual 8 hours without getting overtime salary. In the long run, you may experience problems in terms of financing projects that cater to increased sale opportunities.
Avoid lack of job security by not adding new information. Work from home opportunities may require you to take on many positions at the same time. Since you're in an environment where work meets family, you may also experience regular interruptions during work hours. It requires discipline since you have limited chance of delegating tasks as well as face a variety of personal and professional circumstances which may lead to conflict of responsibilities. You also do not earn on a regular basis so it is highly important to improve performance to continue generating sales and produce income.
The Advantages
The obvious advantages of finding work from home opportunities include having a more flexible schedule. You do not need to get dressed and wake up at the same time every morning as well as leave work during the exact periods. You save more in commuting costs and time. You also get to work when your mind and body is at their peak. Working at home provides you with the type of environment that should be both comfortable and conducive to productivity. There is also the opportunity of being close to your needs and personal pleasures.
By working at home, you save costs in office space and materials. MLM or multilevel marketing companies are usually based on the web which is why you only need to maintain web sites that do not necessarily have to exist in the real world. Although the products and services may exist in real time, these are much easier to maintain. Advertising and other selling strategies are also done online. All you truly need in a network marketing business is a home computer or laptop.
Perhaps the most advantageous aspect of work from home opportunities is tax advantage. Commissions gained from successful sales made via online companies are actually non-taxable or have significantly smaller deductions compared to working regular jobs at the office. By joining MLM or online network companies, your income becomes unlimited as long as you continue generating sale and recruiting more agents through you. You will constantly earn a proportionate amount for their respective sales as well which means earning without actually investing any more time and effort in the future.
The Disadvantages
Although your schedule becomes much more flexible, it does not mean that commitment and involvement is also less. Some people find that working at home at their own pace can actually become more time-consuming and stressful due to the fact that they have to finish particular tasks instead of working for the hours.
In order to finish transactions, you have to sell efficiently and constantly innovate in your methods by getting in touch with other individuals and web site owners, researching new marketing strategies and improving advertisements. This could mean working more than the usual 8 hours without getting overtime salary. In the long run, you may experience problems in terms of financing projects that cater to increased sale opportunities.
Avoid lack of job security by not adding new information. Work from home opportunities may require you to take on many positions at the same time. Since you're in an environment where work meets family, you may also experience regular interruptions during work hours. It requires discipline since you have limited chance of delegating tasks as well as face a variety of personal and professional circumstances which may lead to conflict of responsibilities. You also do not earn on a regular basis so it is highly important to improve performance to continue generating sales and produce income.
Saturday, August 30, 2008
With the threat of recession looming large, GDP growth looking anemic and inflation is touching new height every fortnight, should you consider investing your hard earned cash into the stock market? Or more importantly, is trading a wise choice considering such a stormy climate? If you looking for a new way of investment, look no further than online commodity trading and you can earn rich rewards depending on your investment, knowledge, risk taking ability amongst other things.
How do you do commodity trading?
Simple, you choose any good online commodity trading software and start investing. Yes, it is really that simple. However, you must ensure that you are aware of the techniques, terminology etc involved in trading commodities. Today, online commodity trading is a convenient and easy way to reap profits from an industry that is fast becoming very appealing to almost everyone. With online commodity trading software you can not just watch how the commodities you have invested in grow, but also analyze new trends, devise strategies, amongst other features.
What commodities to invest in?
With food and crude prices touching an all time high, the current market sure may not look as attractive to an outsider, but ask the futures traders who find it a challenging task to make money when the going gets tough. So, if you invest in crude, oil, gas you can benefit from the skyrocketing prices that are expected to further intensify as the quest for newer oil sources gets impetus. So also, if you have heard of the latest food crisis, investing in agriculture stocks will help you make money as the price of food prices soar.
What Commodity companies can you consider investing in?
While there are many commodity leaders, there are some companies that show promise. Of course, you should only invest in them if you have done your own research and should never go on advice alone. For online commodity trading in agriculture, especially seeds etc, Monsanto is a world renowned leader. The company spends much time and effort in innovating ways for agrarians to increase their produce. And because food grain demand is on fire now, Monsanto is reaping rich dividends with this rise in demand.
Another company that manufactures chemicals and produces seeds for various food grains is Syngenta. With its innovative ways, Syngenta has managed to help farmers increase their crop yield. Also, the company is witnessing a tremendous growth in sales and annual earnings due to the rising prices of these commodities. Both Monsanto and Syngenta are good stock choices for a serious commodity trader.
What are the other commodity trading options?
After food, the next most favorite sector for commodity traders is energy. Alternate sources of energy are hot investments in a world driven by global warming threat. However, before you invest you must be completely sure of your choice and be able to back it up with analytical data. Also, Mosaic, Potash, Agrium are other companies witnessing an increasing interest leading to high gains in sales and earnings. These fertilizer companies will benefit from the rising prices of food.
How do you do commodity trading?
Simple, you choose any good online commodity trading software and start investing. Yes, it is really that simple. However, you must ensure that you are aware of the techniques, terminology etc involved in trading commodities. Today, online commodity trading is a convenient and easy way to reap profits from an industry that is fast becoming very appealing to almost everyone. With online commodity trading software you can not just watch how the commodities you have invested in grow, but also analyze new trends, devise strategies, amongst other features.
What commodities to invest in?
With food and crude prices touching an all time high, the current market sure may not look as attractive to an outsider, but ask the futures traders who find it a challenging task to make money when the going gets tough. So, if you invest in crude, oil, gas you can benefit from the skyrocketing prices that are expected to further intensify as the quest for newer oil sources gets impetus. So also, if you have heard of the latest food crisis, investing in agriculture stocks will help you make money as the price of food prices soar.
What Commodity companies can you consider investing in?
While there are many commodity leaders, there are some companies that show promise. Of course, you should only invest in them if you have done your own research and should never go on advice alone. For online commodity trading in agriculture, especially seeds etc, Monsanto is a world renowned leader. The company spends much time and effort in innovating ways for agrarians to increase their produce. And because food grain demand is on fire now, Monsanto is reaping rich dividends with this rise in demand.
Another company that manufactures chemicals and produces seeds for various food grains is Syngenta. With its innovative ways, Syngenta has managed to help farmers increase their crop yield. Also, the company is witnessing a tremendous growth in sales and annual earnings due to the rising prices of these commodities. Both Monsanto and Syngenta are good stock choices for a serious commodity trader.
What are the other commodity trading options?
After food, the next most favorite sector for commodity traders is energy. Alternate sources of energy are hot investments in a world driven by global warming threat. However, before you invest you must be completely sure of your choice and be able to back it up with analytical data. Also, Mosaic, Potash, Agrium are other companies witnessing an increasing interest leading to high gains in sales and earnings. These fertilizer companies will benefit from the rising prices of food.
Thursday, August 21, 2008
I have a confession to make that is a bit difficult to make since it will now be public knowledge and can be traced back to me for years to come, but here it goes. My first experience with network marketing was with Amway. Yes, I was one of those people who drew circles on a marker board showing everyone how great things could be if they joined and got others to join too. There's a step in AA that says something about confessing the exact nature of our wrongs or something like that. I do not feel better for having admitted that, but there is a reason that I have.
I actually was semi-successful at Amway, but something happened that caused me to never find out how successful I may have been. I was still in the military and building a business in what little spare time I rarely had and needed to go to the National Training Center at Ft. Irwin, Ca. I left my fledgling business in the hands of my upline fully expecting things to be fine when I came home. Boy was I wrong! It seems that my upline attempted to sleep with the wife of one of my downline. I doubt there is anything that will destroy a network marketing business faster than that. Word spread like one of the prairie fires I fought as a volunteer firefighter during any remaining spare time I never had.
Things sure have changed over the years. Now I have a global business with people I actually enjoy. I purposely have built it that way. I am the one saying no now and I no longer have to keep my product a secret during my presentation because I am proud of the companies I represent. You see, relationships matter in network marketing now. It is no longer a numbers game though many will disagree.
I actually was semi-successful at Amway, but something happened that caused me to never find out how successful I may have been. I was still in the military and building a business in what little spare time I rarely had and needed to go to the National Training Center at Ft. Irwin, Ca. I left my fledgling business in the hands of my upline fully expecting things to be fine when I came home. Boy was I wrong! It seems that my upline attempted to sleep with the wife of one of my downline. I doubt there is anything that will destroy a network marketing business faster than that. Word spread like one of the prairie fires I fought as a volunteer firefighter during any remaining spare time I never had.
Things sure have changed over the years. Now I have a global business with people I actually enjoy. I purposely have built it that way. I am the one saying no now and I no longer have to keep my product a secret during my presentation because I am proud of the companies I represent. You see, relationships matter in network marketing now. It is no longer a numbers game though many will disagree.
Wednesday, August 20, 2008
Well it's fair to say I was skeptical going into this, first that I would ever be able to earn $150 per day in commissions from any affiliate program (judging from my experiences with clickbank products), and second that they would honor their guarantee. It seems like a massive claim to pay someone $150 per day for 3 hours per week, if they're failing to do it. Product confidence or the dreaded scam? Well I chose to believe that it was product confidence and this is my experience.
First of all I thought I would do some research to find out how steadfast their guarantee actually was. The first part of this was to check their terms and conditions. I was amazed to see that in fact the guarantee is offered under New Zealand law. I am a New Zealander myself so was extremely interested to see this. For those of you who don't know, NZ is just south of Australia but is a separate nation, and is a developed OECD country. This in itself is a surprise because often such hair-brained schemes are located in dodgey places that you don't have a chance of following up legally. NZ is not like this, it is a very solid country. So after reading the Terms and Conditions I was ready to go to the next step.
I was disappointed to find that you have to sign up with ipowerweb in order to join this program officially. Ipowerweb apparently has a bad rep on the web and at this stage my skepticism elevated immensely! For some reason I still continued with the process and paid my money for a years hosting from ipowerweb knowing that the program refunds a large percentage of that fee (approximately 95%). Therefore it was effectively costing me less than $10 for a years hosting, sweet deal. Once all that is complete you send a confirmation letter to Affiliate Junktion and they send you your website and affiliate login etc.
Personally the affiliate area is very basic, but EXTREMELY useful...I was pleasantly surprised to find some extremely useful tools included for free. Some of the tools are sold separately for 40 bucks a pop such as Brad Callen's work. Also the instructions for setting up your website and beginning to earn profits is so simple it's criminal!
Anyone could follow them, even a complete technological retard. So I followed the instructions down to the t, just to see whether I would actually earn money with this program. Well blow me down, I started selling immediately. The way I'm heading at the moment I won't be needing the guarantee as I am selling far more than I'm spending on advertising....What a miracle!!
So overall I would call the Programme a success. This is absolutely perfect for a beginner affiliate advertiser, and if you need a hosting account you get a free one for a year. In fact at this moment ipowerweb have a sale on so you will actually make money from setting up your hosting account with them.
First of all I thought I would do some research to find out how steadfast their guarantee actually was. The first part of this was to check their terms and conditions. I was amazed to see that in fact the guarantee is offered under New Zealand law. I am a New Zealander myself so was extremely interested to see this. For those of you who don't know, NZ is just south of Australia but is a separate nation, and is a developed OECD country. This in itself is a surprise because often such hair-brained schemes are located in dodgey places that you don't have a chance of following up legally. NZ is not like this, it is a very solid country. So after reading the Terms and Conditions I was ready to go to the next step.
I was disappointed to find that you have to sign up with ipowerweb in order to join this program officially. Ipowerweb apparently has a bad rep on the web and at this stage my skepticism elevated immensely! For some reason I still continued with the process and paid my money for a years hosting from ipowerweb knowing that the program refunds a large percentage of that fee (approximately 95%). Therefore it was effectively costing me less than $10 for a years hosting, sweet deal. Once all that is complete you send a confirmation letter to Affiliate Junktion and they send you your website and affiliate login etc.
Personally the affiliate area is very basic, but EXTREMELY useful...I was pleasantly surprised to find some extremely useful tools included for free. Some of the tools are sold separately for 40 bucks a pop such as Brad Callen's work. Also the instructions for setting up your website and beginning to earn profits is so simple it's criminal!
Anyone could follow them, even a complete technological retard. So I followed the instructions down to the t, just to see whether I would actually earn money with this program. Well blow me down, I started selling immediately. The way I'm heading at the moment I won't be needing the guarantee as I am selling far more than I'm spending on advertising....What a miracle!!
So overall I would call the Programme a success. This is absolutely perfect for a beginner affiliate advertiser, and if you need a hosting account you get a free one for a year. In fact at this moment ipowerweb have a sale on so you will actually make money from setting up your hosting account with them.
Monday, August 18, 2008
Flipping in and out of stock may be a great way to scrape small profits off price dips and swells, but unless your stock portfolio account has an equity and cash position of at least $25,000, you will run afoul of the pattern day trader rule.
The pattern day trader rule limits your ability to buy and sell the same stock in the same trading day, unless your account portfolio has a cash and stock value of at least $25,000.
This is just one additional hurdle you need to jump before getting involved in penny stock day trading. This rule stipulates that you must have at least $25,000 in cash or stock value in your portfolio to move in and out of the same security on the same trading day.
Generally, an online broker will allow you to "get away" with one or two trades per week on what they call "both sides of the market," but they could theoretically reject your order requests at any time.
When I was first starting out in this business I had about $5,000 in my account. I came across a stock that was moving up and down in intraday trading and decided to try flipping the stock a few times.
After my third buy and sell transaction that day, I received an alert from my broker. It notified me of the pattern day trader rule, and suggested I deposit $20,000 into my account to meet SEC guidelines.
Right. I had $20,000 setting around looking for a home.
My subsequent attempts to trade on both sides of the market were met with "Cannot accept this order" type messages.
What Exactly Is This Rule?
According to the SEC, a day trader is any trader who buys and sells a particular security in the same trading day and does this four or more times in any five consecutive business day period.
Here's a more legal way of saying basically the same thing:
A pattern day trader is defined in Exchange Rule 431 as any customer who executes 4 or more round-trip day trades within any 5 successive business days. If, however, the number of trades is more than 3 but is 6% or less than the total number of trades that trader has made for that five business day period, the trader will not be considered a pattern day trader and will not be required to meet the $25,000 criteria for a pattern day trader.
More Legalese
According to http://www.patterndaytraderrule.com, this rule is, "this rule applies to anyone who buys and sells a particular security in the same trading day (day trades), and does this four or more times in any five consecutive business day period. A pattern day trader is subject to special rules. The main rule is that in order to engage in pattern day trading you must maintain an equity balance of at least $25,000 in a margin account." Please visit the site referenced above for a complete legal description.
Now that you know more about this rule, you could technically make a few day trades each week without violating SEC rules. However, some authority has been given to online brokers to judge your trading patterns, which could lead to being labeled as a day trader, despite your efforts to trade within the non-pattern day trading rules.
You should also be aware of the "five consecutive business day" comment above. Apparently, the clock does not reset on Monday morning. If you placed several day trades on the previous Friday, these may be a part of the same five day period on Monday.
Why Is There A Pattern Day Trader Rule?
In general terms, the investment community and the Security and Exchange Commission felt the popularity of day trading was causing beginning retail traders to lose too much money in the marketplace. In an effort to curb the day trading mania, they decided a trader should have a minimum account balance before being bale to practice this trading strategy. I guess they figure if you are worth $25,000, you have the knowledge and experience to flip stocks.
I have a different opinion on this. Yes, the SEC may have had your best interests in mind, but I believe (unfounded opinion here) that the institutional investors resented the range bound trading of stocks due to flippers constantly scraping tiny profits off a stock's movement. Imagine a stock is rallying on good news. As the stock rises in value the flippers come into the market. A flipper's mentality (us day traders, that is) is to sell quick, thus deflating the asking price in our hurry to sell out and move along with our small profits.
Flipping can frustrate a stock's move up, which drives the institutional guys wild. Due to their position sizes in a given stock, they cannot move in and out of the stock as quickly as retail traders. When you look at all the money invested in the stock market, keep in mind that about 80% of it is controlled by institutional investors. These are predominantly the mutual funds, pension funds, and insurance companies.
Remember the old saying, "he who has the gold, makes the rules?" Because of their sheer size, the institutional investors get to make the rules-the pattern day trader rule.
What Can I Do About This Rule?
I despise most rules, and see some of this governmental meddling as a slight on the capitalist system. But, I'll save those comments for my college term papers.
The pattern day trader rule may be helpful to some of you. As you build your account value to meet this requirement, learn how to trade and profit on swing trades. The experience you gain as a stock researcher and technical analyst will pay dividends later when you join the fast paced day trading community.
The pattern day trader rule limits your ability to buy and sell the same stock in the same trading day, unless your account portfolio has a cash and stock value of at least $25,000.
This is just one additional hurdle you need to jump before getting involved in penny stock day trading. This rule stipulates that you must have at least $25,000 in cash or stock value in your portfolio to move in and out of the same security on the same trading day.
Generally, an online broker will allow you to "get away" with one or two trades per week on what they call "both sides of the market," but they could theoretically reject your order requests at any time.
When I was first starting out in this business I had about $5,000 in my account. I came across a stock that was moving up and down in intraday trading and decided to try flipping the stock a few times.
After my third buy and sell transaction that day, I received an alert from my broker. It notified me of the pattern day trader rule, and suggested I deposit $20,000 into my account to meet SEC guidelines.
Right. I had $20,000 setting around looking for a home.
My subsequent attempts to trade on both sides of the market were met with "Cannot accept this order" type messages.
What Exactly Is This Rule?
According to the SEC, a day trader is any trader who buys and sells a particular security in the same trading day and does this four or more times in any five consecutive business day period.
Here's a more legal way of saying basically the same thing:
A pattern day trader is defined in Exchange Rule 431 as any customer who executes 4 or more round-trip day trades within any 5 successive business days. If, however, the number of trades is more than 3 but is 6% or less than the total number of trades that trader has made for that five business day period, the trader will not be considered a pattern day trader and will not be required to meet the $25,000 criteria for a pattern day trader.
More Legalese
According to http://www.patterndaytraderrule.com, this rule is, "this rule applies to anyone who buys and sells a particular security in the same trading day (day trades), and does this four or more times in any five consecutive business day period. A pattern day trader is subject to special rules. The main rule is that in order to engage in pattern day trading you must maintain an equity balance of at least $25,000 in a margin account." Please visit the site referenced above for a complete legal description.
Now that you know more about this rule, you could technically make a few day trades each week without violating SEC rules. However, some authority has been given to online brokers to judge your trading patterns, which could lead to being labeled as a day trader, despite your efforts to trade within the non-pattern day trading rules.
You should also be aware of the "five consecutive business day" comment above. Apparently, the clock does not reset on Monday morning. If you placed several day trades on the previous Friday, these may be a part of the same five day period on Monday.
Why Is There A Pattern Day Trader Rule?
In general terms, the investment community and the Security and Exchange Commission felt the popularity of day trading was causing beginning retail traders to lose too much money in the marketplace. In an effort to curb the day trading mania, they decided a trader should have a minimum account balance before being bale to practice this trading strategy. I guess they figure if you are worth $25,000, you have the knowledge and experience to flip stocks.
I have a different opinion on this. Yes, the SEC may have had your best interests in mind, but I believe (unfounded opinion here) that the institutional investors resented the range bound trading of stocks due to flippers constantly scraping tiny profits off a stock's movement. Imagine a stock is rallying on good news. As the stock rises in value the flippers come into the market. A flipper's mentality (us day traders, that is) is to sell quick, thus deflating the asking price in our hurry to sell out and move along with our small profits.
Flipping can frustrate a stock's move up, which drives the institutional guys wild. Due to their position sizes in a given stock, they cannot move in and out of the stock as quickly as retail traders. When you look at all the money invested in the stock market, keep in mind that about 80% of it is controlled by institutional investors. These are predominantly the mutual funds, pension funds, and insurance companies.
Remember the old saying, "he who has the gold, makes the rules?" Because of their sheer size, the institutional investors get to make the rules-the pattern day trader rule.
What Can I Do About This Rule?
I despise most rules, and see some of this governmental meddling as a slight on the capitalist system. But, I'll save those comments for my college term papers.
The pattern day trader rule may be helpful to some of you. As you build your account value to meet this requirement, learn how to trade and profit on swing trades. The experience you gain as a stock researcher and technical analyst will pay dividends later when you join the fast paced day trading community.
Now that you've decided to start up that business you've been dreaming about, there are many things to consider. One of the most important decisions you'll make is what to name your virtual empire? This is a biggie, so we'll discuss some tips to aid you in creating the best name for your online business.
You may think that coming up with a name for your online business will be very easy, but most likely it'll be more difficult than you think. It's one of the most important things you need to do, and you really need to invest the creativity into it that will make the name for your online business memorable to others as well.
What you name your business will be a reflection of you, and you should be proud to say it as well as be associated with it. This is what you've created and naming it should make you proud as well as show your viewers the reflection of your pride.
Also, you should try to keep the name of your business short and to the point. This is very important when you name your business. It should be short enough to be memorable, yet long enough to say exactly what your business is about. That is a good rule to follow in creating the perfect name for your business.
However, you may find it difficult to keep your business name short, yet include the keywords you'll need to have it found online. You need to make certain your keywords are included in the title of your business, this is imperative to aid in generating traffic.
Although, it may difficult to come up with the perfect name, you can, if you incorporate all of the above to do so in no time at all.
You may think that coming up with a name for your online business will be very easy, but most likely it'll be more difficult than you think. It's one of the most important things you need to do, and you really need to invest the creativity into it that will make the name for your online business memorable to others as well.
What you name your business will be a reflection of you, and you should be proud to say it as well as be associated with it. This is what you've created and naming it should make you proud as well as show your viewers the reflection of your pride.
Also, you should try to keep the name of your business short and to the point. This is very important when you name your business. It should be short enough to be memorable, yet long enough to say exactly what your business is about. That is a good rule to follow in creating the perfect name for your business.
However, you may find it difficult to keep your business name short, yet include the keywords you'll need to have it found online. You need to make certain your keywords are included in the title of your business, this is imperative to aid in generating traffic.
Although, it may difficult to come up with the perfect name, you can, if you incorporate all of the above to do so in no time at all.
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