My Buy Essay

Posts Tagged ‘business’

If you’ve been trying to make a business online but had a few set backs you’ve probably asked yourself this question and the others I’ve listed below.

I also added the answers I use to keep going when I feel like just “Throwing in the towel”.

Don’t worry be happy! It’s easy to say but hard to do, without some kind of logical reasoning behind the positive affirmations.

Here’re the questions and the logical answers that I use to keep myself motivated and ensure that I achieve my potential.

1. Do you have what it takes to make money on the internet?

2. How do you know if you should to quit or not?

3. What does it take?

4. Why are some people successful and yet others aren’t?

5. Does what I do now effect my future?

Do you ever ask yourself these questions?

I do and I have the same answers every time!

Below are my self talk answers they help me stay on track.

The answers are listed in the same order as the questions.

1. Yes, I have a computer and usually have access to the internet.

2. Because I started I have to finish.

3. It takes perseverance, tenacity, faith, self belief; I have all of those qualities.

4. Some are successful because they are lucky, some because they are smart, some because they work hard, some because they never give up. I have a little of all those qualities.

5. Yes, if I sow a seed today I’ll reap a harvest tomorrow.

Please feel free to copy this and look at it every time you have any doubts. Also you can add some of your own positive self talk favorites.

I sincerely wish you good luck and happiness

Bill Boyd

Joint ventures can turn your competition into your companion!

What are they and are they profitable?

You can benefit greatly from sharing the costs of your advertising and promotional campaigns, while doubling the size of your target market.

How can that be so? It’s simple! just look at it like this, you are in the coffee business, you have identified your major competitor, he/she is currently servicing a good portion of the customers you wish to attract. This competitor has been servicing these clients for many years and has built up a strong following. Do you think it would be easy for you to “take these clients away” from their trusted provider? Of course not.

What if you offered to give your competitor free access to your client base? Do you think he/she would like that? Or if your competitor offered to do the same for you, would you like that?

YES, YES, YES!

A joint venture is simply offering to promote your fellow business persons product or service to your client base and in return they do the same for you.

You can use tracking URLs to determine what sales are made and then split the profits or commissions in whatever way you both agree to.

Another advantage is that if you sell to one of your fellow business persons clients you will be able to add them to your mailing list. We all know how valuable that can be.

So next time you see a competitor, STOP and think of a way you can make him or her into your companion in success!

I sincerely wish you good luck and happiness

Bill Boyd

The best way to be successful in affiliate marketing is to understand the goods and services you are selling and match these goods and services to the correct audiences online. When you conduct research online, you will notice that people who have the same tastes in clothing, food, hobbies, and other pursuits congregate in the same areas. These areas are popular websites, chat rooms and open forums, and blog sites. Before joining any affiliate marketing program, you should investigate popular markets online to see what people are interested in buying. Once you have a better understanding of these groups, then you can choose a company to work for. This will make selling products much easier.

Depending on the time you have to devote to affiliate marketing, you may be able to join more than one program as long as the programs do not promote competing products. When you work for more than one company, your chances to increase your profits are much higher. By catering to different audiences online, you will be able to maximize your profits in very little time. For many in the affiliate marketing business, understanding the products and markets is the key to their success.

In addition to placing ads in various places online, you can also create your own website and market that as well. Your website can entice customers to purchase products from the company you are working for by providing additional information, articles, and other items. You can also prepare a monthly newsletter so customers will return often to purchase additional products. This will mean additional commissions each time you are successful in attracting repeat business. Marketing your website and the products are all you need to be successful in this field.

While there are many other home business ideas you can take advantage of, affiliate marketing is one of the most fun. As you conduct research, you may get your own ideas for products to sell online. Once you know how to find markets, you can begin targeting more markets in order to increase your earnings. Those who become experts in affiliate marketing are able to bring as much as they want each month. Being able to control your income and work the hours you want to work are just some of the big rewards you will receive when you join an affiliate marketing program. Companies reward those who perform well by offering them higher commissions, the ability to train others and earn a commission off their sales, and much more.

To have a successful Internet business, you need only three things:

1. Product

2. Copywriting

3. Traffic

It really is that simple. If you have those three things… competently performed, you will have a succesful, profitable Internet business. Let’s talk about competency in each of those three areas and how you can quickly master each one.

Product

You need a product that people want. Don’t fall in love with a product just because you think it’s cool. I’ll go into details in a future article, but I look at two things to determine if a product is wanted enough for me to sell it:

1. Are there people searching for that product (I use the Overture tool)

2. Are fellow marketers willing to pay a significant amount of money for traffic for that search term because people are buying (I also use the Overture tool).

I multiply those two numbers. If the result is higher than the result for the product “air guns”, I’m willing to get into that market. Why “air guns”? It was simply my first profitable product. Can products that score lower than “air guns” be profitable? I’m sure they can, but there are enough markets that score higher than “air guns”, I’m not willing to chance it.

BTW, don’t get too hung up on the product. It is the least important of the three items. Copywriting and traffic are infinitely more important to your business. Don’t spend two years developing a product. There are already thousands of products available on the Internet that you can market and earn a percentage as an affiliate. Choosing your product should take no longer than a half an hour, not two years. You can run the numbers for 6-10 product ideas in less than half an hour and make your decision. Then start concentrating on what really matters… which is…

Copywriting

Now you need to describe your product. You will do this in many ways. You will create a sales page on a web-site that will describe the product and try to sell it. You will write small text ads to run on PPC search engines. You will write similar one and two line descriptions to enter into affiliate networks. You will write articles and resource boxes for those articles. You may even write a signature line for use on forums.

The point is that copywriting is what conveys the message about your product. It is simply some words. You can sometimes uses pictures and videos, but it is generally the words that actually do the selling. Don’t forget that you are in the business of words.

How do you decide what words to use? You have three choices if you are a beginner:

1. Hire a high priced copywriter. Generally you will want to pay $5,000-$10,000 per sales page for a decent copywriter. Drop me a note if you want referrals. I know two of the best.

2. Use copywriting software that scores words. I recommend Glyphius which you can read more about at Glyphius.com. It scores your prospective ad copy against a massive database of profitable ads. You can simply make up some copy and click the score button. Then change it and click the score button again. Pick the highest scoring text after you have worked with it for awhile. You’ll have copy that the pros will envy and more importantly… copy that will convert that traffic into customers.

3. Fail for a long time while you are learning. Don’t laugh. Most Internet marketers choose this path. If you are persisent enough, you will learn what works and what doesn’t.

Traffic

Once you have copy that sells, you need to get people to see it. We call that “traffic” on the Internet.

There are dozens of ways to get traffic on the Internet. Let me focus on two ways that I recommend to beginners because both are free (well; there is a small one-time cost to get started, but you don’t pay for each visitor like some other sources).

1. Search Engine Optimization – get free traffic from the search engines by being ranked high for the search terms associated with your product.

2. Article Submission – get recognition and links to your site by writing and submitting articles.

Let’s talk about Search Engine Optimization first. First of all, DO NOT waste weeks and months of your life listening to the lemmings on the SEO forums. In my experience, they are just the blind leading the blind. There are three factors to search engine optimization you should focus on:

a) Your domain and URLs

b) On page optimization

c) Links to your site

For the first, I recommend you choose your domain and URL structure using Nemeas. You can read about it at Nemeas.com. It is very simple to use and is also based on a massive statistical analysis of the leading search engine. You simply score prospective domains and URLs and select the highest scoring one.

I don’t recommend any on page optimization unless you are creating free content sites to feed traffic to your sales page. Instead, optimize your sales page for selling with Glyphius and don’t worry about the on page search engine factors.

For getting inbound links to your site, I recommend article submission. I recommend that you use Artemis Pro. You can read more about it at ArtemisPro.com. It gives you a boost above any other currently available article submission tool because it submits a unique article to each publisher. That boost can amount to an 1875% increase in effectiveness given the same amount of time invested.

At the end of each article, you should have a resource box with a link back to the site with your sales page. That resource box should be optimized with Glyphius.

That’s it. Running a successful, profitable Internet business is really just that simple. It’s just choosing the right product, choosing the right words for your copywriting and choosing the best way to get traffic to your sales page.

Please visit my blog often at .JamesBrausch.com for further lessons on the simplicity of Internet marketing. I’ll post regular lessons there. Every entry on my blog is categorized into three topic areas: Product, Copywriting and Traffic. Just choose one of the topics to find out more information about that area of running a successful Internet business.

Here’s to your success!

How to get started

First off, some points about money. People pay money, a valuable, in exchange for a product or service you provide – another valuable. It’s really barter, with a commodity called money. People buy things which will improve their lives, which gives them some benefit they feel they need. You aren’t really in it for the money, but to provide better service to people so that they can improve their lives. That’s a perfect fit – they want to spend money to improve their lives and you are more than happy to accept money to enable them to do so – with your product and services.

Money is really just an indicator of how much you provide real service to others – and how valuable they think that service is. We’ve gone over how you can increase your income by giving it away, as well.

Now, down to the brass tacks of what to do when and why.

Before we start -

Don’t quit your day job. Rome wasn’t built in a day, God took seven to create this world – so don’t figure you are going to become a millionaire overnight. I’ve heard some talented people got rich in 90 days, but we’ll take the conservative approach here.

Until your Internet activities start bringing income to you, that day job will be providing the seed money for your online business.

Consider all your online activites a second job. This is much better than going to get a second job at some company. Then you are spending 60 hours a week just working for a fixed wage – away from your family and giving a large proportion of it to the government and insurance companies with very little return.

So your online business is your second job. Set it up with a specific workplace and a schedule. Treat it like a business, not a hobby. Show up on time and ready to work – not late and hung over or taking constant breaks for food – or having the TV running so you can “catch the game”. Arrange for your spouse and kids to keep the noise down – or set up your garage so it is comfortable all year round and you can easily work there with no distractions. (Remember, setting this up as an actual business means you can deduct these expenses from your “day job” income tax.)

Work out your finances. See if you can get by on only 80% of what you currently earn in income from your day job. Means you are going to have to set up a budget and find out what you are spending your money on. Or – you could simply have your check deposited directly, 80% going into your checking account and 20% going into your savings account (preferably) or another account.

What you do with that 20% is to set half away for savings – never touch this for anything except, perhaps, a real emergency. The other half (10% of your income after taxes) goes to investment. This is what you are allowed to spend on your online business. But the idea again is that you are investing in your own business – not just blowing it on nice stuff for your home office.

Once you have your home business set up, you are then – an only then – ready to really start in on Internet Marketing, Sales, and Delivery.

If your website traffic has suddenly come to a stand-still, you may need to give your site a marketing jump start. This is really directed towards Information Marketing (one of the best markets around) but can really be applied to anything. Here are a few ways to get your traffic flowing again.

1.Buy hits for your website.

Pay for targeted hits to your web site. You can do what is called “pay per click” advertising. This is where you pay search engines every tine some one clicks on your link for your web site. A great advantage to this is it almost instantly gets you visitors.

2.You can also send out a promotional email to the opt-in email list you SHOULD be creating by offering free reports or courses to your visitors.

3.Pay your competition a flat fee to email your promotional offer to their lists. This is a great way to build relationships with your competitors.

4.You can do what is referred to as a Joint Venture. This is when you pay someone a commission on sales when they email your promotional offer to their email lists.

5.You can pay for advertising on someone else’s website by paying a flat fee up front to put an ad, banner or link on the site.

6.You can pay for advertising by offering a commission to your competition or anyone on sales when they put your ad, banner or link on their site.

7.You can submit your website to search engines with your keywords and website description.

8.You can submit your link to other websites, and in return, add them to yours.

9.You can write a free report or course to give away to other websites in your market and allow them to put an affiliate link inside (so they have an incentive to give it away), and give that away for free. If its good information, it will spread like a virus. This marketing concept is known as “viral marketing”.

10.If you have good material you can have a nice marketing edge because people will share the website because the enjoyed it. You can also offer affiliate programs so your customers can earn commissions when they refer some one to buy your product .

These should give you some good ideas to get more traffic, and maybe even spark some ideas of your own!

Best wishes,

Maranda Mann

The following are 10 simple yet very powerful ways to increase your sales significantly:

1. When you make your first sale, follow-up with the customer. You could follow-up with a “thank you” email and include an advertisement for other products you sell. You could follow-up with them regularly. The goal is to begin building a relationship with your customers so you need to keep in constant contact with them.

2. You could upsell to your customers. When they’re at your order page, tell them about a few extra related products you have for sale. They could just add it to their original order.

3. Tell your customers if they refer four customers to your web site, they will receive a full rebate of their purchase price. This will turn one sale into three sales.

4. When you sell a product, give your customers the option of joining an affiliate program so they can make commissions selling your product. This will multiply the sale you just made.

5. Sell the reprint/reproduction rights to your products. You could include an ad on or with the product for other products you sell. You could make sales for the reproduction rights and sales on the back end product.

6. You could cross promote your product with other businesses’ products in a package deal. You can include an ad or flyer for other products you sell and have other businesses selling for you.

7. When you ship out or deliver your product, include a coupon for other related products you sell in the package. This will attract them to buy more products from you.

8. Send your customers a catalog of add-on products for the original product they purchased. This could be upgrades, special services, attachments, etc. If they enjoy your product they will buy the extra add-ons.

9. Sell gift certificates for your products. You’ll make sales from the purchase of the gift certificate, when the recipient cashes it in. They could also buy other items from your web site.

10. Send your customers free products with their product package. The freebies should have your ad printed on them. It could be bumper stickers, ball caps, t-shirts etc. This will allow other people to see your ad and order.

There you go. The great thing about these powerful strategies is that you can implement them immediately. As I said, they are easy to start using but the outcome could be a substantial increase in your conversion and/or buy rate which is the ultimate goal. It is extremely important to make your customer and/or prospect feel special and to provide them with additional value-added items that will keep them coming back.