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.
Wednesday, August 13, 2008
Earn money online. Easier said than done, it seems. Yet still, a lot of people are looking for ways to make money. If one starts to look around, one will find that there are lots of ways of making money on the Internet, even in these days of economic slowdown.
The Internet has opened up many new money making opportunities that were not possible before. Some skeptics may say it is virtually impossible to succeed online, or that it is difficult to make money at home, but this is not necessarily true.
One of the key methods of making money on the Internet is having an honest product or service to offer. After that, it is simply a matter of getting that product or those services known and delivered.
So how do you factor the Internet into this proposition of how to earn money online?
Well, due to the ability of just about anyone to log on to the Internet, at any location at any time that they have access to a computer with a connection, you can essentially have an online "store" or business that is open 24 hours a day, 7 days a week, at little or no running costs. This is one way to work from home.
So what are a few of the ways to earn money online?
One of the ways that people earn money online is through building websites around specific subjects that people are interested in. They work to get their site into the top ten results of search engine (such as Google, MSN, Yahoo, etc.) for related high-traffic keywords. Once the site is in the top 10 rankings it can get hundreds, if not thousands, of visitors per day - depending on the subject they choose.
When you have enough correctly-targeted visitors arriving on your site, you will start to make money with the site.
How do you set up the site to earn money?
Well, there are actually many ways to make money from your website.
One can offer products for sale; this is a good way to make money. But it requires one have a product to sell. Believe it or not, this is much easier to solve than one might think.
There are many companies that sell products online. Most of them will offer a commission if you help sell their products for them. These are called "affiliate programs." They have the product, you offer the product for sale on your site, and when you get a sale from your site, the company will give you a commission. It is very simple to set this up. The company will give you special text links or banner ads which you can add to your site. These links are embedded with tracking codes which will enable you to be credited for the sale and paid a commission.
This can be a relatively easy way to make money online, once you have sufficient traffic to your site.
The beauty of this system of generating income, is that you don't have to deal with any of the details of production, shipping, customer service, etc. All you have to do to make money is refer the sales.
The above is just one of the ways to make money on the Internet. There are many more.
Another method used to make money is the Google AdSense program.
There are many companies that want to advertise on the web. A lot of the advertising is done by "pay per click" advertising programs run by companies such as Google, Yahoo, and others. You provide ad-space on your web page, and they place the ads. When people arrive to your website and click the ads, you receive a small commission for each click (the amount of the payment depends on the ad).
A high traffic-page receiving clicks on ads can earn tens or even hundreds of dollars per day in AdSense commissions.
There are many more ways to make money on the Internet. But the above should give you a general idea of how simple it can be to earn money online.
But, although I say it's simple, that doesn't mean you won't have to work for it - or that it's an easy way to make money fast. That would be a lie.
This is what the famous "dot com bust" was all about; people thinking they could just set up an "Internet business" do nothing, and make lots of money.
One of the really great things about the Internet business opportunity, is that you can do it at your own pace. In fact, while working from home in your spare time, you can establish it, bit by bit.
I'm not saying that this would be the fastest way, but it is a safe and it is doable. You do not have to quit your job, and you can start this as a part-time home business.
This is a way to make money at home, through what we call "passive income" or "residual income." As you build your site and get more traffic to it, your income builds up, bit by bit.
What qualifications do you need, to earn money online while working from home?
None whatsoever. There are many work-from-home moms who make money on the Internet. And many people without college degrees or even high-school diplomas are earning hundreds of thousands online.
But one would need a willingness to learn, and to devote some time to setting up your business at home. You have to be willing to work for it.
If you are not willing to work, it is better to buy a lottery ticket. But that is leaving things up to chance, and you will only make money fast if you have the winning number.
You do need a computer, an Internet connection, and probably webhosting (which costs a few dollars per month and usually allows you to host multiple websites on one account). Free webhosting can also be found, as well as free blog accounts. While these free accounts also provide many ways to earn money online, they are far more limited than paid accounts. In my opinion, the limits this will put on your traffic and your income is not worth the few dollars per month that you will save.
You can find free publications and reference materials online, which will can you to learn how to make money on the Internet. Some are better than others.
But, as a word of warning: I would avoid any that promote that you can make thousands or millions of dollars by doing little or nothing, or that tell you can "make money fast." These are usually known as "work at home scams," or "get rich quick schemes" and they will uniformly ask you to invest in some product they are offering.
I would look for some reputable sources that really tell you how to do it. And a little time spent on checking up on what you find, is time well invested. If you do decide to invest in an informational product or other service to help you learn how to make money online, try to make sure that it has a refund policy of some kind, in case it turns out not to be useful.
In short, if you are truly want to learn how to earn money online, it can be done. There are many ways of doing it, and you can be successful without making any huge financial investments.
All you need is an ability and willingness to work and learn. A small amount of time set aside every day will get you started.
It can also be fun and interesting. In fact, for some people, learning how to make money online becomes and enjoyable activity and even a hobby. Work does not have to be boring!
Every successful Internet marketer started small, and grew into something big. Once it starts rolling you can always decide whether you want to quit your day job and do it full-time.
The Internet has opened up many new money making opportunities that were not possible before. Some skeptics may say it is virtually impossible to succeed online, or that it is difficult to make money at home, but this is not necessarily true.
One of the key methods of making money on the Internet is having an honest product or service to offer. After that, it is simply a matter of getting that product or those services known and delivered.
So how do you factor the Internet into this proposition of how to earn money online?
Well, due to the ability of just about anyone to log on to the Internet, at any location at any time that they have access to a computer with a connection, you can essentially have an online "store" or business that is open 24 hours a day, 7 days a week, at little or no running costs. This is one way to work from home.
So what are a few of the ways to earn money online?
One of the ways that people earn money online is through building websites around specific subjects that people are interested in. They work to get their site into the top ten results of search engine (such as Google, MSN, Yahoo, etc.) for related high-traffic keywords. Once the site is in the top 10 rankings it can get hundreds, if not thousands, of visitors per day - depending on the subject they choose.
When you have enough correctly-targeted visitors arriving on your site, you will start to make money with the site.
How do you set up the site to earn money?
Well, there are actually many ways to make money from your website.
One can offer products for sale; this is a good way to make money. But it requires one have a product to sell. Believe it or not, this is much easier to solve than one might think.
There are many companies that sell products online. Most of them will offer a commission if you help sell their products for them. These are called "affiliate programs." They have the product, you offer the product for sale on your site, and when you get a sale from your site, the company will give you a commission. It is very simple to set this up. The company will give you special text links or banner ads which you can add to your site. These links are embedded with tracking codes which will enable you to be credited for the sale and paid a commission.
This can be a relatively easy way to make money online, once you have sufficient traffic to your site.
The beauty of this system of generating income, is that you don't have to deal with any of the details of production, shipping, customer service, etc. All you have to do to make money is refer the sales.
The above is just one of the ways to make money on the Internet. There are many more.
Another method used to make money is the Google AdSense program.
There are many companies that want to advertise on the web. A lot of the advertising is done by "pay per click" advertising programs run by companies such as Google, Yahoo, and others. You provide ad-space on your web page, and they place the ads. When people arrive to your website and click the ads, you receive a small commission for each click (the amount of the payment depends on the ad).
A high traffic-page receiving clicks on ads can earn tens or even hundreds of dollars per day in AdSense commissions.
There are many more ways to make money on the Internet. But the above should give you a general idea of how simple it can be to earn money online.
But, although I say it's simple, that doesn't mean you won't have to work for it - or that it's an easy way to make money fast. That would be a lie.
This is what the famous "dot com bust" was all about; people thinking they could just set up an "Internet business" do nothing, and make lots of money.
One of the really great things about the Internet business opportunity, is that you can do it at your own pace. In fact, while working from home in your spare time, you can establish it, bit by bit.
I'm not saying that this would be the fastest way, but it is a safe and it is doable. You do not have to quit your job, and you can start this as a part-time home business.
This is a way to make money at home, through what we call "passive income" or "residual income." As you build your site and get more traffic to it, your income builds up, bit by bit.
What qualifications do you need, to earn money online while working from home?
None whatsoever. There are many work-from-home moms who make money on the Internet. And many people without college degrees or even high-school diplomas are earning hundreds of thousands online.
But one would need a willingness to learn, and to devote some time to setting up your business at home. You have to be willing to work for it.
If you are not willing to work, it is better to buy a lottery ticket. But that is leaving things up to chance, and you will only make money fast if you have the winning number.
You do need a computer, an Internet connection, and probably webhosting (which costs a few dollars per month and usually allows you to host multiple websites on one account). Free webhosting can also be found, as well as free blog accounts. While these free accounts also provide many ways to earn money online, they are far more limited than paid accounts. In my opinion, the limits this will put on your traffic and your income is not worth the few dollars per month that you will save.
You can find free publications and reference materials online, which will can you to learn how to make money on the Internet. Some are better than others.
But, as a word of warning: I would avoid any that promote that you can make thousands or millions of dollars by doing little or nothing, or that tell you can "make money fast." These are usually known as "work at home scams," or "get rich quick schemes" and they will uniformly ask you to invest in some product they are offering.
I would look for some reputable sources that really tell you how to do it. And a little time spent on checking up on what you find, is time well invested. If you do decide to invest in an informational product or other service to help you learn how to make money online, try to make sure that it has a refund policy of some kind, in case it turns out not to be useful.
In short, if you are truly want to learn how to earn money online, it can be done. There are many ways of doing it, and you can be successful without making any huge financial investments.
All you need is an ability and willingness to work and learn. A small amount of time set aside every day will get you started.
It can also be fun and interesting. In fact, for some people, learning how to make money online becomes and enjoyable activity and even a hobby. Work does not have to be boring!
Every successful Internet marketer started small, and grew into something big. Once it starts rolling you can always decide whether you want to quit your day job and do it full-time.
Sunday, August 10, 2008
Membership sites can generate income in many ways. They generate income from membership fees, ad space, sale of products, by developing proprietary technology and then selling it or charge a fee to the membership to use it, and marketing services and products to the membership. The successful membership site owner will recognize a need within the membership and fill it thus successfully making lots of money.
Is a membership site right for you and can you make good money with the site?
Individuals who run successful membership sites know how to keep site members coming back, stay in contact with members, send special offers to the membership to add to sales, knows how to give incentives like coupons, and discounts to encourage spending and also knows how to sell advertising on the site to others as another source of revenue.
Memberships generate income to site owners because the site can enhance a current business or service, encourage customer loyalty.
Any business is all about making money and membership sites can make any business more profitable when a membership site is connected to it. Membership sites can generate multiple streams of income once a base membership is established by selling affiliate products, money from AdSense and other ad sales. Ultimately the site can even be sold for a profit down the line such as the recent sale of YouTube.
Anyone can set up a membership site and begin to generate multiple streams of income from the sale of the subscriptions to the sites, to products and services, to teleseminars and coaching. There are many possibilities and the sky is really the limit when it comes to the income generating potential of membership sites. When you have a membership site you have a ready audience for the marketing of any future products or services. Your membership will come to trust you and to be eager for your next product or service. With every resource, every time you offer fresh content you are building up the seeds for future sales from your members. Members will also begin a cycle of saying yes to your offers to the point that they will eagerly be waiting for your next offer.
A membership site is right for you if you have a current business, or profession and want a platform to sell to of responsive individuals eager for your next offering.
Membership sites generate income from within the membership, from outside advertisers, from the subscriptions, and from the sale of additional products and services sold to the membership. Membership sites often have several different tiers of membership with each advancing tier being of higher value and higher subscription rate. A member may join at the free level become involved with the site, enjoying the free benefits and learning how valuable the site is and is exposed to the higher levels of content that are available only to those who pay the higher fees. The member will eventually decide to pay for the next tier, and then a higher tier after that. The site owner will receive income from the same member multiple times.
Is a membership site right for you and can you make good money with the site?
Individuals who run successful membership sites know how to keep site members coming back, stay in contact with members, send special offers to the membership to add to sales, knows how to give incentives like coupons, and discounts to encourage spending and also knows how to sell advertising on the site to others as another source of revenue.
Memberships generate income to site owners because the site can enhance a current business or service, encourage customer loyalty.
Any business is all about making money and membership sites can make any business more profitable when a membership site is connected to it. Membership sites can generate multiple streams of income once a base membership is established by selling affiliate products, money from AdSense and other ad sales. Ultimately the site can even be sold for a profit down the line such as the recent sale of YouTube.
Anyone can set up a membership site and begin to generate multiple streams of income from the sale of the subscriptions to the sites, to products and services, to teleseminars and coaching. There are many possibilities and the sky is really the limit when it comes to the income generating potential of membership sites. When you have a membership site you have a ready audience for the marketing of any future products or services. Your membership will come to trust you and to be eager for your next product or service. With every resource, every time you offer fresh content you are building up the seeds for future sales from your members. Members will also begin a cycle of saying yes to your offers to the point that they will eagerly be waiting for your next offer.
A membership site is right for you if you have a current business, or profession and want a platform to sell to of responsive individuals eager for your next offering.
Membership sites generate income from within the membership, from outside advertisers, from the subscriptions, and from the sale of additional products and services sold to the membership. Membership sites often have several different tiers of membership with each advancing tier being of higher value and higher subscription rate. A member may join at the free level become involved with the site, enjoying the free benefits and learning how valuable the site is and is exposed to the higher levels of content that are available only to those who pay the higher fees. The member will eventually decide to pay for the next tier, and then a higher tier after that. The site owner will receive income from the same member multiple times.
In September 2003 I had to make a choice: Either pay a dentist so he would fix my 5 year olds painful cracked teeth or pay our car insurance so it wouldn't be canceled.
We made 2 decisions that day, to pay for the dentist and to never ever let a decision like that have to be made again.
We had heard a lot about people making money online but we didn't know the first thing about it. So we started doing research and really reading about the Money Making Methods which can be found online.
Our first attempt to make money online was Ebay. Ebay is a good format and we used Ebay for about a year actually making about 3-4 thousand dollars per month. But with Ebays fees continually rising and profits shrinking I would Not recommend Ebay as a business. Its great for clearing out the garage or finding some hard to get items but No not as a business, a compliment to a business yes, but not as a business itself.
We ended up purchasing a couple different ebooks which promised to help us make money online and they indeed did work. With the combination of a website, Google AdSense, and these programs we were able to make a very good supplemental income.
By April 2004 we had moved to Ohio, I took a higher paying Quality Engineering position and our online business was doing extremely well. We starting to pay off old debts and really saving money. This was when I met Eric Rogers at Pattens Martial Arts, a local training center. He introduced me to some of the Online Programs he used and was making money with and recommended them to me.
Have you ever felt like your mind was trying to wake up from a bad dream but unfortunately that dream was reality? That's how I felt getting up day after day going to a job that stole time away from my life and my family. I hated the fact that I had to trade time for money and that I had to ask permission to take a day off. I knew that I wasn't living life the way I wanted to I was living the life the way I was dictated to.
We made the decision to invest most of our free time into learning everything we could from Mr. Rogers and the programs he used. His program reviews and recommendations were accurate and helpful enough that on December 11th 2004 I quit my job and have been only Making money online ever since.
We made 2 decisions that day, to pay for the dentist and to never ever let a decision like that have to be made again.
We had heard a lot about people making money online but we didn't know the first thing about it. So we started doing research and really reading about the Money Making Methods which can be found online.
Our first attempt to make money online was Ebay. Ebay is a good format and we used Ebay for about a year actually making about 3-4 thousand dollars per month. But with Ebays fees continually rising and profits shrinking I would Not recommend Ebay as a business. Its great for clearing out the garage or finding some hard to get items but No not as a business, a compliment to a business yes, but not as a business itself.
We ended up purchasing a couple different ebooks which promised to help us make money online and they indeed did work. With the combination of a website, Google AdSense, and these programs we were able to make a very good supplemental income.
By April 2004 we had moved to Ohio, I took a higher paying Quality Engineering position and our online business was doing extremely well. We starting to pay off old debts and really saving money. This was when I met Eric Rogers at Pattens Martial Arts, a local training center. He introduced me to some of the Online Programs he used and was making money with and recommended them to me.
Have you ever felt like your mind was trying to wake up from a bad dream but unfortunately that dream was reality? That's how I felt getting up day after day going to a job that stole time away from my life and my family. I hated the fact that I had to trade time for money and that I had to ask permission to take a day off. I knew that I wasn't living life the way I wanted to I was living the life the way I was dictated to.
We made the decision to invest most of our free time into learning everything we could from Mr. Rogers and the programs he used. His program reviews and recommendations were accurate and helpful enough that on December 11th 2004 I quit my job and have been only Making money online ever since.
Now, people can earn anytime and anywhere. This is the convenience of getting into an internet business. Many people have proven that this is a great way to earn money and become rich. Today, there are lots of ways to get rich. And this is a sure way where people just need to select products that are easy to sell.
Hassle-Free Business
Some business need a lot of efforts such as calling the customers, calling their friends and relatives to purchase their products, setting up a meeting and presentation with the client, etc. With the internet business, they will just sell and refer their products online. Online stores can market themselves in the internet. Since the internet is working 24 hours a day and 7 days a week, people who are into this kind of business can earn money even when they are sleeping. Some people would think that it is impossible. But since the internet is working even if they are sleeping, they can wake up one morning that their online stores have gained a lot of customers.
Easy Way to Earn
Aside from selling and referring where money is involved, there is a way in internet business where earning is not just in monetary form but in different kinds. This is called barter system. Through barter system, online store owners can exchange their products they are selling into another product of the same value. This happens if for example the customer doesn't have enough money to purchase an online product. Some are lucky enough to exchange their online product with their dream car or dream house and lot. But this selling strategy is not yet proven to be a good way to earn. Not so many people are into this kind of selling. So, online store owners should still stick to the basics--- that is selling and referring their products online.
Selling Products
One thing that should be clear in this kind of business is that the person must have a product to sell. Their business will of course not grow without the product. This seems to be the engine in the car that keeps the business moving. The driver is the online store owner. The products that he or she would choose must be tried and tested. Meaning, these products should be proven to be earning money online. The products that the owner will sell should be sure ways to give him money online. Some products are easy to sell not in the internet but manually. But some products are easy to sell online such as mentor books, digital cameras, etc.
Getting rich online is not a hard task but needs full focus. If the owner is not serious or focused on this field, he may lose it.
The best products in the Internet may be accessed at "Big Ticket to Wealth". Included here are the different kinds of electronics and digital products, travel and leisure packages, flash videos as well as programs and courses wherein you can avail of to learn and know more about how you can be rich online at the fastest pace of time.
Hassle-Free Business
Some business need a lot of efforts such as calling the customers, calling their friends and relatives to purchase their products, setting up a meeting and presentation with the client, etc. With the internet business, they will just sell and refer their products online. Online stores can market themselves in the internet. Since the internet is working 24 hours a day and 7 days a week, people who are into this kind of business can earn money even when they are sleeping. Some people would think that it is impossible. But since the internet is working even if they are sleeping, they can wake up one morning that their online stores have gained a lot of customers.
Easy Way to Earn
Aside from selling and referring where money is involved, there is a way in internet business where earning is not just in monetary form but in different kinds. This is called barter system. Through barter system, online store owners can exchange their products they are selling into another product of the same value. This happens if for example the customer doesn't have enough money to purchase an online product. Some are lucky enough to exchange their online product with their dream car or dream house and lot. But this selling strategy is not yet proven to be a good way to earn. Not so many people are into this kind of selling. So, online store owners should still stick to the basics--- that is selling and referring their products online.
Selling Products
One thing that should be clear in this kind of business is that the person must have a product to sell. Their business will of course not grow without the product. This seems to be the engine in the car that keeps the business moving. The driver is the online store owner. The products that he or she would choose must be tried and tested. Meaning, these products should be proven to be earning money online. The products that the owner will sell should be sure ways to give him money online. Some products are easy to sell not in the internet but manually. But some products are easy to sell online such as mentor books, digital cameras, etc.
Getting rich online is not a hard task but needs full focus. If the owner is not serious or focused on this field, he may lose it.
The best products in the Internet may be accessed at "Big Ticket to Wealth". Included here are the different kinds of electronics and digital products, travel and leisure packages, flash videos as well as programs and courses wherein you can avail of to learn and know more about how you can be rich online at the fastest pace of time.
Subscribe to:
Posts (Atom)
