My Buy Essay

Posts Tagged ‘making money on the internet’

Almost every website on the Internet has one goal in mind: how to make money, at the lowest cost possible.

I, for one, has this website .googlingprofit.com, with making money on the Internet for a theme.

The purpose of this article is to share with budding webmasters and those intending to make their presence felt on the world wide web, the lessons learned from the early successes of Amazon.com – the online store founded by Jeff Bezos – one of the business leaders in today’s Information age.

Here are the lessons learned from Jeff Bezos’ early successes with Amazon.com – which I hope will be of valuable help to you.

Lesson One: Have a Goal

You must have a goal. From the moment Jeff Bezos envisioned to make his presence felt on the Internet, he spared nothing to attain his goal.

Lay down and make known in clear fashion your goal to every stake holder of your Internet business. These include your spouse, your web designer, and your assistants, if any.

When Amazon was struggling to make a profit for the first time, only its founder Jeff Bezos believed that his business goal could be achieved. Everybody was astounded when Jeff Bezos achieved his goal after one year from pronouncing his goal.

You can write your goal on a piece of paper and post this on the wall beside your desk. Save this goal in your hard disk. If possible make your goal the start up page when your computer boots up. Convert your goal into a screensaver. Read your goal to yourself every day as you go about your business.

Lesson Two: Motivate Yourself

You should motivate yourself every day and pass this motivation on to every one who’s involved in your business. Jeff Bezos did not lack motivation when he was struggling in his business.

To paraphrase Wallace D. Wattles who wrote the 1910 best selling book, The Science of Getting Rich, envision yourself right now as having a very successful business and do every legal and ethical way to actualize your vision. You can learn more about Wallace Wattle’s book from the this webpage: internetmarketingleaningcenter.com/inspirational/ebook.html.

Lesson Three: Adapt to Change

It is said that change is the one single permanent thing on this planet (i.e., next to taxes). Amazon changed the way it does business through the years. First it was an online book seller. Next it expanded into selling music and videos.

An an Internet entrepreneur you must also learn how to adapt to change. Change comes and goes. For example, in the early years of the Internet, people were wary of using credit cards in their online transactions.

Nowadays, the use of credit card is is like coffee in the morning. You can’t do without it.

Then there is the growing realization that blogs are not just for personal records. Blogs are here to stay – to help your business grow.

Lesson Four: Have a Business Model

Since we are on the topic of Amazon, you could use Amazon as your model. You could run your own business like Amazon during its early years.

You could be selling your single information product now. Two weeks from today you will have added another back end product. Next month you will have introduced into your product line the inventory of the affiliate programs you have joined in.

Lesson Five: Add Content to your Website

If your web site is content based, you should be adding new content every day. Casual visitors to your web site will become your regular guests when they see new content every time they come to your site. These visitors will in the end become your regular customers.

Lesson Six: Be a Generalist

A generalist is one who does a multitude of things. In computer language this is known as multi-tasking. This has been the culture at Amazon. You as the single person in your own business must be a generalist, too. This means doing and knowing everything that goes in and out of your enterprise.

You don’t know any HTML coding? This is tolerable. You must strive however to understand at least the basic formatting that goes into you site code. This way you can make small insertions into your web pages when your web designer is nursing a cold or is out of town. Or you can learn a thing or two on scripting.

By the way, you will learn a lot about succeeding in your own business from the free resources offered at googlingprofit.com.

Lesson Seven: Let Your Work Ethic Shows

Jeff Bezos was the company CEO and he and his wife were the first workers at Amazon. Their work ethic was marked with hard work and consistency, among others. These traits were handed down to their employees through the years.

To succeed and last long in your Internet business, you should work hard to put your business online in the fastest and frugal manner possible. The important thing to consider is to start up and put your small business online early and rapidly. If you have to wake up at two in the morning to do your Internet work, by all means stick to this routine.

Three of the best business opportunities on the Net are featured on my web site at

biz.ne1.net. Check it out and start with your own no-nonsense home business now.

Do you know that 95% of the people starting out in their internet businesses fail? In the middle of all the noise and hype on the internet today, not many people realize that all the ideas and techniques you can find are useless if you don’t first understand what your business model is or how are you going to make money on the internet. Even the most remarkable internet marketing technique will not work if you don’t understand how to apply it to your business.

The 3 most popular business models are:

1) Affiliate Marketing

Perhaps the most popular one out there, affiliate marketing provides a good start for newbies. Almost anyone can sign-up for an affiliate program for free and start promoting the chosen product or service. Commissions start coming in if someone will buy or participate in the programs promoted. Affiliate marketers don’t carry any risk, since they do not pay for the creation of the product, they do not handle customer service, they need not know the innards of internet transactions, like merchant accounts, autoresponder (what is that?), reciprocal linking, etc. It’s also possible to be an affiliate even without a website.

Some affiliate marketing programs you may participate in require little up-front investment. Some are free. It’s no surprise therefore that almost everyone and their neighbor promotes an affiliate program or another. In fact, if there is a single reason why the Internet today is so proliferated with ads and banners, it’s because of affiliate programs.

With the millions out there involve in affiliate marketing, only 5% ever make any money and only 1% makes really big money. The “Super Affiliates,” so they are called, do it very differently from the rest, therefore they earn the big checks.

2) Writing an eBook or other type of information product, recording an information CD.

This is a great strategy because there are thousands of possibilities for the type of product that you can create. There are so many niche markets that you can write about. It could be a course on Japanese gardens, how to start your own babysitting business, how to sell your artwork, taking care of your dog’s ears … there are endless topics and still many that have not yet been explored by online marketers. You don’t have to write the information yourself, you can get a ghost writer or hire someone to produce the CD.

EBook authors need to invest more than affiliates do. While affiliates can get something for nothing, the same is not true for the eBook type of business. EBook authors need to learn a lot more than affiliates are required to. They need to spend some amount of money getting the business up and running. However, when done right, the payoff in this online business model is much more rewarding.

These marketers make more money because they have very, very low production and maintenance costs. Once the product is produced, it doesn’t cost a cent to reproduce thousands of copies. Start-up costs can be covered by selling just a few copies of very high-margin eBooks. You can even recruit hordes of affiliates to do the selling for you.

3) Adsense

This has taken the internet by storm. There are tons of testimonials from people making outrageous income from adsense.

Adsense is Google’s advertising program wherein webmasters display ads from Google’s extensive list of advertisers. Unobtrusive text-based ads are served in member sites, who then earn a commission every time someone clicks on the advertisers’ links.

Google Adsense uses a technology to deliver ads that are highly relevant to the content of a page. Google’s engine will scan through the content of the page to determine its topic, and will then serve ads that are relevant to the page’s content. Running Google Adsense is quite simple. First build a website full of content of your desired niche or topic, and then register in Google’s adsense program. Once approved, you then paste a code in your page, and the ads start appearing immediately after you upload the changes to your server.

Google is silent on how it shares the revenue per click with their partners, but how much you will earn per click depends on the topic and the product being advertised. Products with profit margins of $10 for the advertiser will most likely give you a smaller pay per click than a product with a $100 margin. Similarly, ads with high conversion rates will normally give you higher payouts than less effective ads, since they can afford to pay more dollars per click, with a portion of that money going to you.

These are the top 3 most popular online business models today. No matter which model you choose, make sure you understand the basics. Stop buying courses or information not applicable to your business. Information overload can stop you before you even get started.