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Thursday, September 3, 2009

6 Ways Make Money online With Affiliate Marketing Programs

So many affiliate programs out there - which one really works? It may seem a difficult question to answer and once you start looking through the affiliate websites, you may get lost in a sea of attractive promises. How do you then decide which is the best one for you and how to make money online with affiliate programs?


Make money online with affiliate program has become an extremely popular source of making money on the internet. The basic idea of affiliate marketing is based on links. You put up links on your website to lead traffic to another website. If they make a purchase from the site, you get a percentage commission.


1. Payout rates and Payment Structure

Some affiliate programs are single tier ones while others have multiple tiers. This means that if anyone you referred to the program makes a sale, you get a commission from there too. To make money online with affiliate program, try and look for such an affiliate program, as the payout will be higher. You must also check out the program's payment structure before joining. Always look or a program that pays a high rate of commission.


2. Reliability

An important aspect to consider is reliability. Run a few quick searches and check how reliable the website is, its credibility etc. Also see if it pays on time, frequency and if it clears its dues fully.


3. Upfront fees

Affiliate programs that charge a registration fee or any upfront payment are best avoided. C'mon - if you went looking out for a job, you wouldn't pay the employer to allow you to work! Another advantage is that you can opt out if it doesn't seem to suit you. Those who talk of refunds usually drive you crazy before they return your money, if at all. A company confident of working well will definitely not charge you anything.


4. Statistics

Look for an affiliate program that gives you a clear and comprehensive statistics page. You should be able to view your statistics 24/7. A good statistics page will show you the number of clicks you have received, where the majority of clicks are originating and how much cash you have earned from your links. The system should be transparent and your stats should get updated immediately.


5. Conversion Rates

Look into the conversion rate of the affiliate program. This will give you an idea of how many people actually make a purchase after clicking on the link. For example, a conversion rate of 1% implies that for every 100 visitors who clicked on the link, the website made one sale. 2% is a reasonably good conversion rate. Be wary of those who claim to have abnormally high conversion rates, as more often than not, they are scams.


6. What the site sells

All said and done, a key factor and narrowing down your list of affiliate programs is the product or service that the website offers. What is it? Will people pay for something like that? Only if the product or service is impressive, will people shell out money and actually buy it.


A reliable affiliate program can turn out to be a great source of easy income for you. To make money online with affiliate program, it requires no long hours, no angry bosses, no traffic snarls to get caught in - what more could you want?! If you've found a good affiliate program with a high conversion ratio and a reliable payout rate, half your battle is already won. Now you just need to sit back and watch your money tree grow!

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5 Ways to Start Earning From Your Blog

Blogging for profit is not always the first thing on your mind when you set out to start a blog but it is always nice to know the options that are available to you. Making some extra income from your blogging efforts will certainly reward you for the time and effort you put into maintaining your blog and here are my favourite ways I monetize my blogs.


1. Become an affiliate and add banners to your blog.

One of the easiest ways to start earning from your blog is to join an affiliate program and add some banners to your blog. The best converting banners will be those that closely match your blogs topic. You should only place a few banners in optimal places on your blog, don't overdo it as this will turn your readers off. You can find affiliate programs in your niche by typing 'niche name' + 'affiliate program' in a search engine; this will look like this for the dog behaviour niche - 'dog behaviour affiliate program'.

2. Let your readers know you having advertising slots available.

This is a great way of letting your community of readers know that you allow for personal advertising requests. The best way to do this is to add an 'Advertising' section on your contact page or subpage. Give as much information as possible and sell your space; example: Advertising on our homepage for 30 days for the one-time low price of $47. You can also offer 3 months advertising for the price of 2 to get you started.

3. Add Google Adsense.

This is a popular method of adding a revenue stream to a blog. Register for your very own Google Adsense account and then simply plug the code into your blogs theme where you would like the Adsense ads to be displayed. The best converting ads will fit will with your theme by having matching colors and be discretely placed. Word of warning: never ever click on your own Adsense ads as you will get your account suspended.

4. Review products and websites.

This is one of the best ways to earn from your blog and can be a natural progression for anyone who has a long established blog. Review a product or website that interests you and your readers (and also fits in with your blogs topics), and add your affiliate link for your readers to click-through if they wish to read more or make a purchase. Honest reviews will convert best, you cannot love every product your review!

5. Monetize your RSS feed.

This tip is one of the best revenue earners for most bloggers. Add ads to your RSS feed. You can do this easily using Feedburner which is owned by Google. Let Feedburner manage your RSS feeds and then merge your Feedburner account with your Adsense account. You'll be surprised at the click-throughs you get from this method.


Get started today, and start making money from your blog.

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Sunday, June 28, 2009

5 Tips on Budgeting

1 . Think of a budget as a useful tool—a written financial plan that helps you set goals and measure progress.


2. Start by coming up with a sales revenue target. Make it your best estimate.


3. Based on past experience, estimate your cost of goods sold (e.g., 70 percent of sales) and subtract it from the sales revenue to come up with your estimated gross margin.


4. Forecast variable expenses (items such as travel and commissions that vary according to the level of sales) and fixed expenses (items like taxes and rent that stay the same, regardless of sales). Subtract these expenses from your gross margin to arrive at your estimated net income (before federal taxes).


5. Break your annual budget into quarters and monitor your progress every three months to detect problems and make corrections.

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5 Tips for Using Colleges and Universities to Help Your Business

1. Volunteer your company to be a business school case study. You’ll learn much about your company in the process and get good ideas for the future.


2. Obtain management and technical assistance from one of more than 50 Small Business Development Centers. Check the U.S. Small Business Administration web site at www.sba.gov for locations.


3. Participate in special programs. Many colleges and universities sponsor venture capital forums, entrepreneurship centers and family business programs.


4. Work with the business school to offer internships to graduate students.


5. Find out what expertise is on a business school’s staff. You may find just the right person to hire as a consultant or serve on your board.

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5 Tips for Making the Most of Your Business Plan

1. Take the long view and do long-term planning. Map out where you want to be five years from now and how you plan to get there.


2. Write the plan yourself. You will learn more about your business by doing so.


3. Think of your plan as a living document. Review it regularly to make sure you are on track or to adjust it to market changes.


4. Share the plan with others who can help you get where you want to go—such as lenders, key employees and advisors.


5. Understand that you might pay a price in the short run to obtain long-term business growth and health

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5 Tips for Effective Business Planning

1. Clearly define your business idea and be able to succinctly articulate it. Know your mission.


2. Examine your motives. Make sure that you have a passion for owning a business and for this particular business.


3. Be willing to commit to the hours, discipline, continuous learning and the frustrations of owning your own business.


4. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that affect your business.


5. Seek help from other small businesses, vendors, professionals, government agencies, employees, trade associations and trade shows. Be alert, ask questions, and visit your local SCORE office.

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Monday, June 15, 2009

4 Tips for the Successful Businesman

I have a passion for the bald eagle or Haliaeetus Leucocephalus
according to his scientific name. I have this passion as long as
I can remember. But it is not a logical passion. I am Dutch and
a passion for a bird of prey that is common in The Netherlands
would be more obvious. But life is full of inexplicable surprises
and left me with this passion for the bald eagle, the national
symbol of the United States of America. I have seen the
eagles only once in my life in their natural habitat and that
was during a holiday in British Columbia in Canada.

When I read about bald eagles and about the way they live, I
always start thinking about what a businessman can learn from
them in order to become successful and that is what this article
is about.

1. Vision

Bald eagles are birds that can often be found on very high
altitudes. There they soar and with their very sharp eyesight
they have a clear view on the world below them and especially
on the prey they want to catch; fish, that is what they like
most.They can see the milky white spot in the water from a
distance of many miles. In high places they build their nests.
On a rock, on the top of a tree but always on a spot where they
have a good view on the world that surrounds them. And from
their castle they see what is happening around them and that
gives security.

The businessman should also have a clear view on what is
happening in the market. From very far he should recognize his
potential customers and "attack" them at the right moment. At
the same time he should be aware of the dangers that surround
him, anticipate, absorb the environment and be prepared to act
immediately.

2. Knowledge

Bald eagles are confined to their territories. With the seasons
some migrate but you find bald eagles only in a specific habitat
namely forests, mountains and near sea and rivers. You won't
find them in the desert. In their habitat they know what to do,
where they can find prey and which dangers surround them. By
instinct and by learning they have knowledge about the way they
have to conduct their lives and about how they have to behave
in this habitat. They will never go beyond the limitations of this
frame work. If they do, they die.

This holds a lesson for the businessman. He should know
everything about his business and when I say everything, I mean
everything. He should know all about the products he sells from
beginning to end, every detail should be an open book to him.
He can never be surprised with questions on which he has no
answers. He should know about marketing techniques, the
position and plans of competitors etc., etc. And if he doesn't
possess this knowledge by nature, he has to learn it.

3. Enough is enough

When Bald Eagles catch prey, they will catch only one fish at a
time. It is not possible for them to catch more. But they know
precisely how to catch this one fish. Their flying skills, their
strong talons and their eyesight are extremely well developed
and fit for the job. Almost every attempt to catch a prey is
successful.

This phenomenom also holds a wise lesson for the businessman.
He has to restrict himself to a number of products he can handle
and products that matches his skills and abilities. To stay in
the animal world: if you are a cow don't try to jump fences like
a horse. People will only laugh at you. It is better to sell one
product very well than ten without a satisfying result.

4. Courage

Bald eagles mate for life and they are absolutely loyal to each
other. From high altitudes the two birds tumble down in a
dangerous free fall. Mocking the laws of gravity they unite.
Only just above the tree tops they separate and fly wing by wing
to the nest. This spectacular show requires great courage. A
businessman also needs courage to be successful. He has to make
decisions about difficult and uncertain subjects. And he also
needs to know when to stop his free fall. Having courage to make
difficult decisions is not synonymous for being reckless. A
decision that leads to disaster is not a decision, but a wild
guess.

You see....the businessman can learn a great deal from this
majestic bird that embodies not only beauty, strength and
freedom but that possesses also the essential conditions and
abilities to survive.

The beginning businessman as well, who is maybe starting his
business in great uncertainty about the future, can learn from
the bald eagle:

Flying high starts with spreading your wings!

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