Saturday, 11 December 2010

What Could Make Your Online Business Fails

We often see or hear of people who have made hundreds of thousands and even millions of dollars using the Internet alone. We more often hear of those who lose their last pennies trying to get their online business to take off. This in mind, it’s easy to believe making money online happens by complete chance, though this couldn’t be farther from the truth. Below are a few of the most obvious reasons why so many people fail to earn a substantial income, if any at all, via the World Wide Web.


The most common reason for failure in not only online business, but all business, is lack of focus. This is especially evident in the world of online commerce since there are endless successful methods one can use to start up their online business. When one method begins to get a little tough, the easily distracted move on to the next method in hopes it will be easier or will produce results more quickly. The truth is that each and every one of the successful methods is based on complete dedication and following through in order to work.

Another overly common cause for failure is ignoring advice from the experts. People spend hundreds of dollars on books and seminars, eagerly seeking answers from those who have already succeeded at the goal at hand, yet when the time comes to apply their newly acquired insight, it is suddenly inappropriate or inapplicable or impossible. Entrepreneurs couldn’t make a more counterproductive move than to study their successors and then disregard their strategies. Avoid this by realizing that the only way to know if something works is to simply try it.

Almost every online business is created from the comfort of home, causing many to believe that working from home is comparable to lounging at home. Naturally, this approach can cause a new business to inevitably meet with failure, so it is essential to be prepared to take your online business seriously before taking the plunge and staying home to work.

One of the driving forces behind the most successful business owners in history is their absolute, unwavering passion to succeed. Without passion, it is a chore to remain focused; and without focus, it is nearly impossible to attain success. Disappointment and frustration are bound to make occasional appearances in attempts to bring your venture to its doom; however, presenting intense passion for achieving your goal for financial freedom will help overcome any and all such obstacles.

Starting a business is a huge responsibility that takes a pretty solid grasp of several different subjects in order to be properly executed. The phrase “there is power in knowledge” is most relative to entrepreneurship as you can never know too much about what you do. Striving to continuously learn more and more about your industry, your clients, and your product or service can do nothing but remove hindrances from any type of business, online and off.

Wednesday, 8 December 2010

How to Increase Direct Ad Revenue for Your Blog

If you have been blogging for a while, you know that selling ad space directly to the advertisers on your blog can become one of the lucrative sources of revenue for you. When you have started selling ad space on your blog, you always want to sell off all the available ad space or ad spots on your blog to make the most out of direct ad selling. In this article, I'll be sharing with you the techniques that I have used to maximize my blog direct ad revenue. These have been good ways for me to maintain and increase my blog ad revenue. I hope you'll find them useful too:


Create an Advertising Page

An advertising page is basically a page that tells what ad space you are selling. It usually describes everything you are offering (text link, banner ad, sponsored review, etc) with price details included.

With an advertising page posted on your site, the visitors who are interested on placing an ad in your blog can find the advertising info they need immediately. This will potentially generate some fast sales for you.

Writing an advertising page isn't very difficult. The content of advertising page usually starts with an introduction, followed by the info of the ad options you are offering and lastly providing your ordering details and also your email address for the prospective advertisers in case they need to contact you to get more advertising info.

You might want to see example of advertising page before writing one fir your blog, you could take a look at my advertising page at:

If you need more examples, you can visit other blogs that have an advertising page posted. By looking at other blogs' advertising page, you'll get an idea of how to write your own advertising page.

The important information you must include into your page are the introduction, your blog traffic stat or other stats, (e.g. Google ranking, Alexa ranking, etc), The ad options you are selling with price details included and details of how to order an ad spot on your blog.


Set the Right Price

It's important that you are charging reasonable prices for the ad spaces you are offering for sale. This is not just to appeal your prospective advertisers to advertise on your blog but also to keep them as your long term advertisers which will ensure steady ad revenue for you.

It seems to be easy task to set the prices for the different ad spaces you are offering. The assumption is that the banner ad on highest position such as banner ad on the header of your blog should be charged at a highest price and ads on the lower location such as at the sidebar should sell at a lower price because ad on higher positions will generate more traffic for advertisers. Well, this isn't always right.

An effective way that can help you set the right price for each ad space you sell on your blog is by putting up your own affiliate ads (Clickbank, CJ, etc) on the ad spaces of your blog to test the click-through rate and traffic before opening those ad spaces for sale. The testing period doesn't have to be long; just one week is good enough.

Once you have tested each ad space, you would know the average daily clicks of each of your affiliate ads that placed on the different ad spaces on your blog and so you can set the price accordingly. Let says your 125 x 125 banner ad which places on the top right sidebar of your blog get an average daily unique clicks of 10. This means the advertiser who places a 125x125 banner ad on your blog is estimated to get 300 unique visitors (10 x 30) monthly. So you can decide what is the reasonable charge for a banner ad that generates 300 unique visitors for the advertiser each month.

If you think each unique visitor that you direct to your advertiser should cost $0.30, then the price for a 125 x 125 banner ad on your blog will be $90 per month (300 x $0.30). $90 for 300 unique visitors every month, seems reasonable enough right. But you certainly can charge more if you are in a highly profitable niches such as Forex, debt consolidation and etc.

By setting your price based on the traffic level, you can also avoid over-charging for different ad space on your blog. For instance, a 468 x 60 banner ad on the header of your blog seems to be expensive than a 125 x 125 banner ad at the top right sidebar because the 468x60 banner ad is located at a higher position. However, when you test the traffic level, you might find that the 125x125 banner ad is actually attracting more traffic than the 468x60 banner ad. So, the 125x125 banner ad was supposed to be expensive than the 468 banner ad.


Post Testimonials on Your Advertising Page


You know the Internet users like to find supporting information about the product or service they're interested before really buying it. It's no different when it comes to buying ad spaces on blogs. The real testimonials from your previous satisfied advertisers are much like supporting information which will convince your potential advertisers to order an ad spot on your blog.

Testimonials often are short and sharing the real positive advertising experience on your blog. These are certainly powerful supporting information that can convince your potential advertisers.

So how you can get real testimonials from the advertisers? 

If your blog has generated a couple of sales for some of your advertisers running an ad campaign on your blog, they are the happy advertisers willing to give you a testimonial if you ask for one. The satisfied advertiser may occasionally contact you to tell you that they are happy with the result from the ad campaign they run on your blog. You may reply the advertiser and invite him/her to publish a testimonial on your blog advertising page. You will include the advertiser's name, photo if possible and the advertiser's website link. The advertiser will certainly be happy to send you back an testimonial because they can include a link in the their testimonial.

Another way is to send a thank you email to the advertisers who have advertised one month on your blog and decided to renew their ad campaign on your blog. These are probably satisfied advertisers as well. Your email will thank them for renewing their ad on your blog and invite them to publish a testimonial on your blog. Tell the advertisers you'll be including their website link in the testimonial. You might then get one or two replies from them with a testimonial for you to publish on your blog.


Provide Helpful Customer Service


The prospective advertisers can be your paying customers. Many advertisers often like to ask questions before they place an order. So, make sure you read their questions and give the answers that they are looking for.

Also advertisers often like to test the click-through and conversion rates. This is to find out the performance of their ads. When they aren't satisfied with the result, they'll request for ad changes. Thus, you should allow ad changes on anytime. This way the advertisers can test different ads and landing pages to get the performance that they expect. When the advertisers are freely to request changes, they will probably renew their ads. This will secure your ad revenue.

Moreover, you might think about running discount campaign from time to time. It's helpful to boost up your ad sales. Also offering something like one week trial or two week trial could also push the advertisers to order ad space from you.

The above are the techniques that I have applied to maintain and boost up and blog revenue. Hope these techniques will work on you as well.

Saturday, 4 December 2010

The Best Way to Make Money Online

So, you are searching for the best way to make money online. The best way to make money online to start is _____ OK I won't tell you what the best way is, because there is not one. Let me take that back there is not a best way to make money online for everyone, but there is a best way to make money online for someone.

I'm a little biased to online marketing, so naturally I'll tell you what I think the best way to make money online should be in regards to starting a home business.


The best way to make money online is one that appeals to the masses, meaning a way to make money online that anyone can join and set up with ease.

Best way to make money online is one that is low cost or even free to join. Prior to witting this, I did a Goggle search for best way to make money online and got back over 470,000,000 returns. That's allot of best way to make money online out there wouldn't you agree. Having been marketing online with both high ticket and low cost way to make money online programs, the majority of those searching are looking a low cost or free to join way to make money online. Now I'm not by no means saying you will make more money promoting a low cost free to join way to make money online, than if you market a big ticket item, I'm just saying that more people are attracted to free to join way to make money online and with that it seems to reason that no cost to join way to make money online are to be considered the best way to make money online.

The best way to make money online is in my opinion, digital products or one that a new member can log on and obtain the information they joined the way to make money online for immediately and in real time. Now that is not to say that tangible off line way to make money online products do not have a market, on the contrary they have a big market and in some cases even more than online. Here's what I mean, do you see or read every email you get, including your Spam or junk folder of course not, but I bet you see every post card, letter, magazine etc that comes in your postal mail box. You may not read them all, but they will definitely get seen.

The best way to make money online is one that offers multiple streams of income or different choices. As I alluded to earlier, not everyone will agree on what the best way to make money online is, so offering multiple ways to make money online choices through a single website link is the key. And that my friend is where you are now.

Friday, 3 December 2010

LogoMyWay Gives You the Best Logo for Your E-Business

Logo is certainly necessary when you are creating an online business. It represents the identity of your business. Thinks of the products and services you buy and use in your life, all the companies that you bought from probably have a good logo which can be the sign of trust and dependability to customers. So for a new business or an existing business on the Internet, a well-designed logo will certainly help enhance the business branding and performance.

Getting a logo for your online business isn't difficult. Hiring a logo designer or logo design company seems to be the best solution. You pay the charge and a logo will create for you. However, there is only one designer creating the logo with only a single design. You could end up getting a logo that you aren't completely satisfied with but paid the expensive charge. For these reasons, LogoMyWay.com has come up some special services where customers are ensuring to get the best logo for their online business, website or blog.



LogoMyWay made logo creation process interesting. When you need a well-designed logo that fits your business, you simply start a logo contest in LogoMyWay. You'll tell what your business is about and what design you are looking for. Subsequently your logo contest will put into live in the marketplace of LogoMyWay where hundreds of designers will participate your contest and create a unique logo for you. You can then decide which logo is the best from the hundreds of designs by the participants and announce the winner. The winning designer will send you the logo and you pay a cash prize to the winner. The minimum cash prize is $200. For more quality design, you may set your cash prize higher.

By starting a logo design contest in LogoMyWay, you'll get the most ideal custom logo which will help enhance your online business reputation.

Latest update: Even BP, the global oil company is using LogoMyWay to run a logo contest to have their logo redesigned.



There are also ready-made logos for sale in LogoMyWay. These logos were created by hundreds of designers around the world. All designs are guaranteed to be unique. So, if you aren't interested in the logo contest or you are in hurry of getting a new logo, you can search around the marketplace of LogoMyWay. I'm sure you'll find a quality design there and you can instantly purchase the logo.

So if you need a logo, LogoMyWay is certainly a good solution.

Make Money Online with LogoMyWay

LogoMyWay has built a worldwide designer community. If are specializing in logo design, you could be part of the community and make money providing unique logo to the clients of LogoMyWay. Looking at the designer sign up form of LogoMyWay, there is no restriction of who can join the designer community. Anyone from anywhere can sign up as long as they have the logo designing skill.

There are two ways to make money online in LogoMyWay. The first way is to participate into the on-going logo contests of LogoMyWay. You’ll create your logo and if the customer chooses your logo as the winning design, you’ll win the cash prize.

But if you aren’t winning, the logo that you created for participating the contest isn’t wasted. You can list the logo in the LogoMyWay marketplace for sale. Later if anyone picks your logo and buys it, you’ll get paid.

More details about how to make money in LogoMyWay can be found here.

Wednesday, 1 December 2010

Fortitude - A New Online Money Making Opportunity for People Who like to Write

The Internet is going to have a new online magazine. Fortitude is set to be launched on 7th June. Fortitude is really a new concept. It is a magazine for the people, by the people. It means all the content and pieces published on Fortitude are sourced from the users or members of Fortitude.

The users of Fortitude can be you or me. Anyone can join the Fortitude content community. By becoming a member of Fortitude, you can contribute as many content and pieces in any topic as you want to Fortitude. Other members in the community Fortitude will review your content. If your content gets good reviews, then it will publish on the homepage of Fortitude. Also, as a member of the Fortitude, you too can review content and pieces of other members.

There is no editorial and publishing department in the Fortitude. All content of this online magazine are user-generated with a review system to make sure the best content are featuring on the front page of Fortitude.

If you have been writing on the Internet for a while or haven't contributing anything on the Internet but enjoying writing, then you can try writing for Fortitude. Fortitude is paying members for contributing content. They pay 10.00 ~ $100.00 for each piece or article published on their Front Page.

Any content can be submitted. It can be an article, a short story, an essay, or even a rant. Also any topic is acceptable as long as the content is family-friendly. Originality and unique are important. Make sure that you are submitting something that was really created by you and hasn't been published on anywhere.



Besides publishing pieces, you are also getting paid for reviewing other members' works and pieces. The review process is simple and straight-forward. You read the entire piece of the member and based on your own judgment, select a score of 1 - 10 and your review is completed. Each review you’ve done will earn you $0.02.

Fortitude is now opened for people to sign up. If you want to try this opportunity, visit http://fo.rtitu.de now to apply for an account. You can publishing and reviewing content starting 7th Jun then.

Is Fortitude free to join?

I believe the owner of Fortitude, Nick Oba wants to make his online magazine site complete free to the users and members. But as the site is new, Nick needs to charge a little membership fee to ensure the development and growth of the site. It's just $1.99 per month to become a member of Fortitude to contribute and review content.

The charge is also set to avoid spam issue like people try to create duplicate account and Fortitude is going to need some money to fund his affiliate program for expanding the member community of Fortitude quickly.

The Affiliate Program of Fortitude is Free

Signing up for a full account in Fortitude costs $1.99 per month but if you just want to take part in the affiliate program, you can just sign up for a Scout Account (affiliate account) completely free to promote Fortitude and earn commission.

Fortitude is offering quite a favorable commission to their affiliates. They are paying $20 for each new paid member that is referred by you. Paid member is the member who pays the $1.99 subscription fee to open a full account at Fortitude. The Fortitude affiliate program is new, but Nick is already added a bunch of appealing banner ads where you can use to promote Fortitude and earn affiliate commission.

Learn More about How to Make Money with Fortitude

How You can Make Money on the Internet Nowadays

The Internet provides hundreds of money making opportunities and can give you a secondary income. While some of the online business models require knowledge of websites, search engine optimization and blogs, there are actually other money making opportunities that require no computer programming or website design skills to begin. But for any type of online business model that you decide to begin, you need to be prepared to put in some monetary investment and hard work to achieve the result that you expect.

Here below are some of the common ways which you can use to make money online. Choose one which you can closely relate to at least in the initial stages and then gradually expand your knowledge.

Freelancing
Freelancing can say to be the easiest way to get started for people who want to have an extra income source on the Internet. You will just need to open a PayPal account and register in websites like Freelancer.com, oDesk.com or eLance.com and check out the many hundreds of free lancing jobs available. You can make money by writing articles, researching on something and even taking tuition to others in areas you are an expert in.

Blogs
The Blog platforms like Wordpress and Bloggers allow you to create blog easily without knowledge of HTML or programming languages like PHP. Register a domain name in a website like GoDaddy, host your blog and start writing about your favorite topic or hobby. Register in a program like Google AdSense and insert their Ads in your blog. When people read your blog and click on the Ads, you will get paid by Google. You can also set ad space on your blog for sale to the prospective advertisers directly.

Affiliate Marketing
Affiliate Marketing is a lucrative way to earn money online. You sell other peoples products by writing articles and reviews about them. When people purchase the product after reading your article and clicking on the affiliate link, you will get a commission on the sale. List building works well in affiliate marketing. You should consider setting up a squeeze page to collect the email addresses of your potential buyers. This way you will follow-up with them from time to time to generate potential sales through email marketing.

Digital Product Sales
It’s easy nowadays to create a digital product which answers a desperate question (ex: How to lose weight) in the form of an eBook and sell your book through a website like ClickBank. Affiliate marketers will sell the book for you for a cut of the sales.

There are also numerous other ways like website flipping, selling physical products on Amazon and eBay using which you can make money online.