Sunday, November 18, 2007

Your Short Cut to Online Riches

Your Short Cut to Online Riches
If you are hoping to make money from home, there has never
been a better opportunity then today with the explosion of
the internet.

These businesses are plentiful and very easy to start, they
require minimal start-up capital, and have the incredible
advantage of being able to be run from anywhere in the
world where an internet connection can be found.

The only requirements are a computer, a high-speed internet
connection and the desire and commitment to succeed.

In one of the last surveys completed there are currently
millions of people worldwide making their livings from
home, the vast majority from eBay. Many are making their
living working as an affiliate selling other peoples
products or services pocketing incredible six figure
commission checks. In addition, the remaining people have
developed and are marketing their own personal software or
informational products.

Your short cut to online riches begins with one important
requirement... knowing where you are hoping to end up. The
most common reason so many people new to home business fail
is they start without knowing where they hope to finish.
Have you ever left on a trip without knowing where you
destination is suppose to be?

The first decision you must make prior to opening your
business is to determine whether you are going to sell
Physical or Informational products.

A Physical product is anything you can touch and feel, like
clothes, baby toys, furniture, or cosmetics.

Informational Products are "How-To" pieces, like training
videos, audio books, e-books, newsletters, etc.

The big downside to the home businessperson and Physical
products is the fact the products must be manufactured,
shipped, inventoried, and stored... all resulting in
additional expenses, decreasing profit margins.

Building a home business around Physical products can be
difficult and not nearly as profitable in the early phases.
The start-up expenses can be staggering, purchasing
inventory, securing storage locations, and the
infrastructure to inventory, ship and handle product
returns.

If you are serious about selling Physical goods, one method
to consider in your early stages is to utilize a "Drop
Shipper" which eliminates the need to purchase, inventory,
and ship products.

Profit margins on Physical products are growing smaller
with the growth of the internet. Have you every price
compared the price of something you where planning to
purchase? If I want to by a new camcorder, I can easily do
a Google search and have 40 comparable prices within
seconds.

Information products on the other hand have an incredibly
high profit margin, and the chances of making money for
initial capital investment are great. It is very easy to
find affiliate products paying between 50% - 75% commission
per sale and if you are promoting your own product, it is
easy to have a 90% - 95% profit margin potential. The other
advantage, it is often quite difficult to price compare
informational products.

Bottom line every successful Online Internet Entrepreneur I
know that is making serious money online is selling
Informational products. That is a strong indicator for my
home business success.

Now that you have made the decision on what you are going
to sell, now we need to sit down and map out our trip. Here
is your next question, are you going to sell other peoples
information product as an Affiliate for a commission, or
are you going to sell your own product?

There are four factors for guaranteeing online success. You
need your product, the technology to run your online
business, generating traffic to your site(s), and
converting the traffic into paying customers. Bring these
four elements together, and you will be virtually
guaranteed online success.

Your shortcut to online riches will be shortened even
further if you can minimize what you need to learn to get
started. Trying to become an expert in four fields can be
overwhelming at best.

The quickest way to start making money online is selling
other peoples information products as an affiliate, earning
a residual commission for each sale made, By initially
marketing a proven product you can quickly monetize your
business during your initial learning period, and eliminate
the technology product.

The web technology required to sell Affiliate products is
much simpler and easier to set up than a shopping cart
website (Sales letters are prepared, websites are live and
active, and merchant accounts to process orders are already
functional).

By initially selling Affiliate products, it allows you to
mater the critical topic of converting customer traffic
into money.

By starting your home business as an Affiliate you are able
to earn some big commission checks right from day one. This
puts you in the wonderful position of "Earning while You
Learn" the basics of driving traffic to your website and
converting visitors into paying customers.

After you have made some money selling Affiliate products,
proving to yourself that you have what it takes to succeed
online, you can now develop and market your own personal
Information Produce.

Your shortcut to online riches starts with selling other
peoples Affiliate Information products, learning the
required skills to make money online. You can then develop
your own products and get others to promote it working as
Affiliates for you making millions like the Gurus.


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Internet Marketing Lies

Internet Marketing Lies
The more I see of the tactics of the Internet marketing
gurus and would be gurus, the more I think they are just
peddling a bunch of lies. Even if you ignore all the get
rich quick hype and just look at how they try to sell most
of their Internet marketing products you still see that
Internet markers lie all too often. The following are some
of the lies I see over and over again.

The One Time Offer

Sometimes this one is true, but most of the time all you
need to do is bookmark the page and come back days, weeks
or months later and you can still get the supposed one time
offer. It's a sales gimmick designed to get you to act
right away before you have time to reconsider the purchase.

The Price is Only Good for the first 100 Purchases

This one is also sometimes true, but most of the time if
they can sell to hundreds or thousands at the original
price they will. I don't know how many times I have seen a
supposed counter of how many are sold or how many are left
that is noting but a static graphic. It's just another
gimmick to get you to part with your money before you put
too much thought into the purchase.

Anyone can Make Money with this Product

This Internet marketing lie is crafted to make you believe
that you can't lose if you buy the product. Don't worry
about the money you are spending because you can easily
make it back and much more. The unfortunate truth is that
most of these products sound much easier to apply than they
are. The Internet marketer gets you all wrapped up in the
hype and tells you very little about the product and what
you actually need to do if you are going to make money with
it.

I'm a Millionaire -- just do what I did and you can be a
Millionaire too

If I had a hundred dollars for every form of this one I
have seen I'd be a millionaire too. The fact is -- everyone
who has become successful at Internet marketing has done it
by forging their own trails and working long hard hours
finding out what works for them. You will not be able to
duplicate their success by reading an overpriced e-book or
taking an expensive course or joining their exclusive
membership site. Internet marketing success is about hard
work and finding what works for you.

Great Benefits for Free

Everyone knows that offering something for free is the
surest way to get more attention to a product or service.
Unfortunately, most Internet marketers will give you very
little of value for free. They are focused on getting the
most money they can from your wallet. One of the ways they
do this is to get you to invest time and energy into their
free product. You then become a prime target for their
up-sell pitch where the product or service becomes a lot
less free.

If you really want to make money on the Internet instead of
losing it, you need to see past the Internet marketing lies
and find your own way. There is plenty of good information
out there and most of it is totally free. Look for honest
advice from people who wish to share their knowledge
instead of empty your wallet.


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If you want to avoid the Internet marketing lies and get
honest information about success on the Internet please
visit the author's blog: Traffic Searcher
http://traffic-searcher.com

Can You Make Money Giving Away Credit Cards?

Can You Make Money Giving Away Credit Cards?
Can you make money giving away credit cards? Giving away
credit cards is the basis of a brand new type of home based
business. Some features that make this business stand out
are that it is not multi-level marketing (MLM), you don't
have to do any cold-calling, you don't have to sell
anything you don't have to make a monthly purchase or pay
fees to remain a member of the business, and you don't have
to recruit other people into the business to make money.

So, back to the original question: can you make money
giving away credit cards? I'd like to show you the answer
by asking you to consider these, three questions:

1. How many people do you know who have at least one
credit card?

2. How hard do you think it must be to get along without a
credit card?

3. How easy do you think it would be to give a credit card
to someone who wants one?

Nowadays practically everything we pay for calls for a
payment card of some kind. Things that spring to mind are
restaurant bills, purchases made online, vacation bookings,
clothing purchases, grocery bills. Checks used to be an
option but they are no longer accepted in many places;
paper has been replaced by plastic for most everyday
purchases. It is easy to see that credit card transactions
offer a method of payment which is convenient to both the
seller and the spender.

Most people who use a credit card own more than one card to
enable them to get the maximum interest-free period on
their purchases. Some people make a habit of changing to a
different credit card company whenever there is a special
offer such as a low interest rate, or a favourable deal on
balance transfers, or some other promotional deal.

Other people who will be on the lookout for a credit card
are those who have been refused credit. This might happen
to people who have previously run into trouble with a
credit card company during a period of unemployment.
Students and graduates who have no credit history find it
hard to find a credit card company willing to offer them
credit facilities.

The most unfortunate group of people who can't get a credit
card when they need one are victims of identity theft (also
known as identity fraud). They can find that they have
been blacklisted for credit even though they are completely
innocent of any crime. Once adverse credit references get
into the system, it can take years for a victim of identity
fraud to have their records corrected and their credit
lines restored.

Anyone who doesn't have a credit card (for whatever reason)
is limited to carrying sufficient cash to cover any
purchases they might want to make, or to using a cash card
to have the money taken straight out of their bank account.
Carrying large sums of cash is never a good idea because
it is unlikely to be recovered if it gets lost or stolen.
Cash debit cards are fine as long as you have enough money
in your bank account to cover your spending; debit cards
take away any possibility of deferring payments for anyone
on a tight budget who needs a little leeway to juggle funds.

There is no doubt that credit cards are an in-demand
product and it is easy to see how a home business based on
giving people what they want is almost bound to be
successful. With comparatively little effort, and working
part-time it is possible to earn a healthy monthly income
from giving away credit cards.


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To learn more about making money giving away credit cards
visit Elaine Currie's Work At Home Directory at
http://www.huntingvenus.com/sitemaparticles.htm#homebusiness
ideas while you are there, pick up a free copy of Ezine
Article Writing - 10 Steps To Success at:
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