Entries Tagged 'Online Business' ↓

In the few short years that I have been working online I have been been hearing over and over again the phrase ‘multiple streams of income’ and it seems that all the ‘gurus’ teach this basic online business philosophy.

But how do you go about building ‘multiple streams of income’ and why would you want to do that in the first place? Surely if you are making good money in one area then you should just build on that.

Let me give you a precise example of why you should build up ‘multiple streams of income’.

When I first started to make serious money online it was mainly in Affiliate Marketing, which for those who don’t know is where you promote other companies products and services in return for a small commission on each sale made as a direct result of someone visiting your site(s).

Over the last few years I have been very successful in building up my affiliate business and just when things were looking like I had hit the big time we had the credit crunch. As it happens most of my affiliate related websites were in the Finance sector i.e. I have lots of sites which help people find loans/remortgages online so over the last 6 months as the lenders have tightened their lending criteria they also dropped, overnight, the amount of commissions they were paying affiliates. This in effect cut the income generated by my Finance related websites by over 50%. Ooouuccch!

Can you imagine running a business where you lose that much income and then not having anything to replace it? Well luckily in my case I also have lots of other websites in other Niches so although I was losing income I was also in the process of building sites in other Niches so that I could replace the lost income.

Plus, I also have an eBook that I put together some time ago which I also generate income and although it doesn’t generate a lot of money it is another ‘income stream’ which helps to add to my monthly profits.

And I also build websites and sell them on once they are high enough in the search engines to be of any real value. This is much simpler than you think and with so many Niches from which to choose this is another Income Stream that can be easily set in place once you have even the most of online skills.

Even in these hard time the Internet still provides each and every one of you the ability to make a fortune online using the multiple streams of income philosophy. However, you must start somewhere and the first thing you need to do now is ‘take action’. Don’t get left behind!

Lots of small businesses who start online face a number of challenges when it comes to driving traffic. There are a number of routes you can take including the use of paid advertising like Google Adwords, eZine Adverts, Banner Ads etc.

However for those businesses running on a budget you should also consider lots of free advertising on the web that can help drive traffic to your website. Of course there is no such thing as a ‘free lunch’ and in the case for free advertising a little exta work is required but the results can certainly help provide profits at no expense.

The following represents 5 of the most effective ways of free advertising on the web and should form part of your website marketing online.

Method 1 - Craigslist: http://www.craigslist.org
This is one of the most popular websites online and your advertising can be specific to Countries, Counties & Towns. It allows you to place adverts into specific Categories such as ‘Small Biz’ and people searching Craigslist will be able to find your business.

In order to maximise the power of Craigslist you need to place your advert in multiple Towns/Cities and you should post to the busiest Cities every day, and in some cases a few times per day.

Plus there are numerous other Tips & Tricks required in order to place your ads on a regular basis to Craigslist. For example if you find that a particular Category gets a lot of posts each day then you will need to post to that category a few times per day, in order to keep your ad at/near the top of the listing. In order to have your follow up Ad(s) passed by the Craigslist filters you will need to change your Ad Title and the main body of text by at least 25%. There are other ways around this and you can find loads more ideas on how to get the most from your FREE Craigslist adverts by visiting http://www.craigslistpowerposting.com/

Method 2 - Articles
A well written, keyword rich, article will help feed the search engines with content that people are actively searching for online. What I mean by that is you should initially do some Keyword Research which allows you to see what people are searching for in your Niche. Then write an article relating to that keyword term.
Plus, when you write an article you can place a link either from within the article or in your Biog at the end of the article. This link is also used to optimise your website for that specific keyword term.

Article example: If my site is about ‘making money online’ and I want to optimise my website for that specific term then I would write an article about maing money online. And at the end of the article I would include a link, including he words ‘making money online’ back to my website.

The main article directories you should consider submitting to are:
- http://www.ezinearticles.com
- http://www.goarticles.com
- http://www.articlecity.com

Method 3 - Press Releases
A lot of small businesses believe that this is an option only available to much bigger businesses. However this is no longer true and there are now loads of places online where you can submit your Press Release for free. The power of Press Releases are pretty much the same as articles and as Google likes sources such as online Press Release sites for its contenet you can have some of your articles Indexed and showing in Google within hours.

Free Press releases sites to consider
- http://www.1888pressrelease.com
- http://www.free-press-release.com
- http://www.free-press-release-center.info
- http://www.freepressreleases.co.uk

Method 4 - Video
Although still in its infancy online this method of free advertising on the web should not be overlooked. Apart from the power of being able to ‘talk’ direct to your potential customers the search engines search Video sites like YouTube on an hourly basis and if you submit a Video Clip which is tagged with relevant keywords the clip can be picked up in the search engines. Plus if someone is looking on YouTube for clips relating to your business then this will help them find your business and once again provide you with free traffic.

To maximise the power of using Video clips use a FREE service such as http://www.TubeMogul.com to place your videos on multiple Video Sites.

Method 5 - Blogs
Anyone who has been working online for even a short period of time will have heard of blogs. Blogs are much easier to create than websites and because you can have your Blog posts sent to lots of different online sources the chances of your blog posts getting picked up by the search engines is also a lot higher.

Like Articles and Press Releases you must try and make your Blog posts keyword rich and you should also post on a regular basis to your Blog with topics that will interest your visitors. This can be something very specific to your Niche but you can also provide posts that relate to things happeing in the news etc.

The main purpose of your blog is to provided useful information to your target Niche but you should also use it to reflect your personailty as a Blog is a very powerful way for potential customers to interact with you through comments on your post.

Used effectively Blogs can help direct targetted traffic to your site and you should consider using one of the following two Blog platforms:

- http://www.WordPress.com
- http://www.Blogger.com

Conclusion
The bottom line is that no matter what type of business you want to start online there are plenty of FREE ways to get traffic to your website. All you have to do is ‘take action’ and you will reap the rewards. Lots of multi-million dollar online businesses have been built on the back of little or no money and in order to start your own little ‘online empire’ you can take advantage of free advertising on the web to help you get started and making profits.

And how the other 10% succeed and make all the money.

I like to think that I am one of the ‘10% success club’ and have been successful at making a Life Changing Income online over the last few years. And over that time I have discovered why so many people fail and only a small percent actually go on to make a serious amount of money.

There is no ‘secret’ to all this and not only can I now show you how to make a Life Changing Income online but I can also give you my one-to-one help for success.

In order to succeed you need to:

1. Find and duplicate an online business that is proven to work i.e. a business where people are already doing what they preach, making money, and not just trying to flog you an eBook about what they ‘think’ will work.

2. Find a business that provides you with your very own Mentor i.e. a person who knows everything there is to know about getting you to make money online. And who will support you every step of the way.

3. Have multiple streams of income, which will guarantee you long lasting success, and income from the Internet. So if one income stream should dry up you still have other income streams as backup.

4. Be seriously committed to making money online and not someone looking for a Get Rich Quick scheme.

5. ‘Take Action’. The last but most important step to succeeding online.

I’ll keep my blog post short and sweet today.  I know some of you will be breathing a sigh of relief!

Over the last few months I have been getting lots of calls and emails from people with lots of great questions about My Internet Business. One of the questions that has popped up a few times is ‘Are enough people looking to make money online?’ and whether people are really interested about making a living online.

Well let me cut straight to the chase and give you some hard facts. In terms of the ‘general trend’ of whether people are still interested in making money online then you should check out the follwoing 2 graphs. These come straight from Google Trends (www.Google.com/Trends) and show the trend in volume searches for 2 very popular keyword search terms.

This first graph shows the volume searches for the search term ‘Make Money Online’. And you can clearly see there has been a steadily growing over the last 3 years and this is expected to continue and rise very sharply over the next few years.

Make Money Online

And the following Trend is for the search term ‘how to make money online’

How To Make Money Online

So as you can see there is clearly a growing number of people who are looking at the Internet to help them make a living. And just to round things up with some real numbers, the following is taken from Googles own Keyword Tool which gives out ‘approximate’ numbers of searches for various Keywords each month. I have shown both the UK searches and Worldwide searches for just one of the related keywords terms.

- Make Money Online (UK searches) - 25,000+ searches in August 2008

- Make Money Online (Worldwide searches):  400,000+ searches in August 2008

 
So you see, there are more than enough new possible recruits coming online every day and a large percentage will be looking for a proven method of making money online.

Surely you don’t want to miss out on this growing trend of online opportunity seekers which you can tap into with my personal 1to1 help and advice.