Apr 3, 2008

Making Money with Articles: How Much Can I Make?

How much you can make from placing articles and affiliate links on your website differs from person to person. How much you are able to make will depend mostly on how successful your site is. This means getting good search engine rankings through SEO efforts, making your site enjoyable and informative to read through engaging content, building your site around a great niche subject, how big your site is, and how many sites you have.

Some people claim to make as much as $10,000 per month ($120,000 per year) through building and promoting niche sites, however, most people should not expect this kind of success, especially if you are very new, as that kind of success usually only comes with experience and acquired skill. A reasonable income to expect from a niche site, after you have worked for months to gain traffic and are hooked up with good affiliates, may be $500-$1,000 per month. However this is recurring income, so you will make that much monthly off of the efforts you put into that one site, it is not a one shot deal.

After you have a successful site, most choose to continue to build niche sites. The more sites that you build, the better an income you can generate. Some also choose to build very fast and very short sites over sites that are slightly longer in length. It should be noted that the larger each of your sites are, the more income you will likely generate off of them.

When starting out, it is important to remember that your first site will always be your hardest, since you are just learning the ropes of the business, and that not everyone is cut out to market and promote niche sites. It may not work out for you and you may end up losing a little bit of money, but that is a risk that everyone in this business has to take.

The important thing is that you don’t give up without a good shot at it, if this is really what you want to do. Your first site may take a long time, the work may be tedious, and you may feel like throwing in the towel. However, if you give up too early, you will never know what could have been. And who knows, you may be the next great website marketer!

Free Your Mind and Check Your Credit Scores Online

When people hear that some items are sold for credit, they would leap for any opportunity that will come their way. It's not surprising to note that there are a lot of people who do not have enough cash on hand to handle all their expenses. And getting them on credit is the best possible way.

But it should not just end there; you have to know that when you get things on credit, you have the responsibility to repay what you've purchased, only it is at a later time like the end of the month. The lender expects that you make payments on a specific date, which you should not forget or overlook. Otherwise, you will be marked as a person with a bad credit reputation.

With how things are going now, credit is the best option for almost anybody, so you should exert more efforts to maintain a good credit reputation if you want your credit applications approved.

Once you've started to build your credit history, you must see to it that you maintain a high credit score. This will be of great use when you apply for loans, mortgage, credit cards, and other credit transactions.

There are three agencies responsible for gathering people's credit reports. Most establishments offering credit transactions rely on these agencies for credit reports of different people. So you have to make sure that you're building a good report, and not a bad one.

All of us are just human beings that constantly make mistakes, but it is not a valid excuse for not paying your dues on time. For those who already have a bad credit reputation, you can re-establish it through credit repair. And it is equally important to keep track of your credit scores contained in your credit report, at least on an annual basis.

It is not that difficult nowadays to keep track of your credit report. In fact, there are now services online which offer free credit score information directly from the three credit reporting agencies or bureaus.

The Internet is a great tool to obtain credit information. If you have an Internet connection, you don’t need to go to physical offices of these credit agencies just to check your credit report.

TransUnion, Experian, and Equifax are the three major credit reporting bureaus/agencies responsible for gathering your credit information. Different websites have different offers. You can find sites which offers a free copy of your credit score. The credit scores are simple to understand, and some even provides detailed explanations to help you in understanding your credit score better.

Getting a copy of your credit report online is the most accessible way; and it is delivered to you quickly, securely, and safely. With the Internet, you can have access to your credit report and credit score twenty-four hours a day.

Get a copy of all your credit reports in the three agencies for not more than forty dollars. Though it might cost a little, it helps a lot in keeping track of your credit standing especially if you need to make a loan in the future. Aside from that, you can easily see and check if there are mistakes in your credit report, so you can report it to the agency fast and easy.

Credit scores are important, and it's just like getting a high grade when you were still studying.

Getting Started Your Business. Part 2

Go here to read Part 1


Making It GO-

Advertising:

* Have you decided how you will advertise? (Newspapers--posters--handbills--radio--mail?)
* Do you know where to get help with your ads?
* Have you watched what other stores do to get people to buy?

The prices you charge:

* Do you know how to figure what you should charge for each item you sell?
* Do you know what other stores like yours charge?

Buying:

* Do you have a plan for finding out what your customers want?
* Will your plan for keeping track of your inventory tell you
when it is time to order more and how much to order?
* Do you plan to buy most of your stock from a few suppliers rather
than a little from many, so that those you buy from will want to help you succeed?

Selling:

* Have you decided whether you will have sales clerks or self-service?
* Do you know how to get customers to buy?
* Have you thought about why you like to buy from some sales clerks while others turn you off?

Your employees:

* If you need to hire someone to help you, do you know where to look?
* Do you know what kind of person you need?
* Do you have a plan for training your employees?

Credit for your customers:

* Have you decided whether or not to let your customers buy on credit?
* Do you know the good and bad points about joining a credit-card plan?
* Can you tell a deadbeat from a good credit customer?

A Few Extra Questions-

* Have you figured out whether or not you could make more money working for someone else?
* Does your family go along with your plan to start a business of your own?
* Do you know where to find out about new ideas and new products?
* Do you have a work plan for yourself and your employees?
* Have you gone to the nearest Small Business Administration office for help with your plans?

If you have answered all these questions carefully, you've done some hard work and serious thinking. That's good.

But you have probably discovered some things you still need to know more about or do something about. Do all you can for yourself, but don't hesitate to ask for help from people who can tell you what you need to know.

Remember, running a business takes guts...

Go Forth Boldly and Without Fear!

Getting Started Your Business. Part 1

Your building:

* Have you found a good building for your store?
* Will you have enough room when your business gets bigger?
* Can you fix the building the way you want it without spending too much money?
* Can people get to it easily from parking spaces, bus stops, or their homes? * Have you had a lawyer check the lease and zoning?

Equipment and supplies:

* Do you know just what equipment and supplies you need and how much they will cost?
* Can you save some money by buying second hand equipment?

Your merchandise:

* Have you decided what things you will sell?
* Do you know how much or how many of each you will buy to open your
store with?
* Have you found suppliers who will sell you what you need at a good price? * Have you compared the prices and credit terms of different suppliers?

Your records:

* Have you planned a system of records that will keep track of your income and expenses, what you owe other people, and what other people owe you?
* Have you worked out a way to keep track of your inventory so that you will always have enough on hand for your customers but not more than you can sell?
* Have you figured out how to keep your payroll records and take care of tax reports and payments?
* Do you know what financial statements you should prepare? * Do you know an accountant who will help you with your records and financial statements?

Your Store and the law:

* Do you know what licenses and permits you need?
* Do you know what business laws you have to obey?
* Do you know a lawyer you can go to for advice and for help with legal papers?

Protecting your store:

* Have you made plans for protecting your store against thefts of all kinds--shoplifting, robbery, burglary, employee stealing?
* Have you talked with an insurance agent about what kinds of insurance you need?

Buying a business someone else has started:

* Have you made a list of what you like and don't like about buying a business someone else has started?
* Are you sure you know the real reason why the owner wants to sell this business?
* Have you compared the cost of buying the business with the cost of starting a new business?
* Is the stock up to date and in good condition?
* Is the building in good condition?
* Will the owner of the building transfer the lease to you?
* Have you talked with other business owners in the area to see what
they think of the business?
* Have you talked with the company's suppliers?
* Have you talked with a lawyer about it?


Go here to read Part 2

Worksheet. What it takes to be a businessman. Check yourself!

Under each question, check the answer that says what you feel or comes closest to it. Be honest with yourself- you're the one who benefits from your brutally candid honesty:

Are you a self-starter?

* I do things on my own; nobody has to tell me to get going.

* If someone gets me started, I keep going all right.

* Easy does it. I don't put myself out until I have to.

How do you feel about other people?


* I like people. I can get along with just about anybody.
* I have plenty of friends--don't need anyone else.

* Most people irritate me.

Can you lead others?

* I can get most people to go along when I start something.

* I can give the orders if someone tells me what we should do.

* I let someone else get things moving. Then I go along if I feel like it.

Can you take responsibility?

* I like to take charge of things and see them through.

* I'll take over if I have to, but I'd rather let someone else be
responsible.

* There's always some eager beaver around wanting to show how smart he is. I say let him.

How good an organizer are you?

* I like to have a plan before I start. I'm usually the one to get things lined up when the group wants to do something.

* I get all set and then something comes along and presents too many problems. So I just take things as they come.

* I do all right unless things get too confused. Then I quit.

How good a worker are you?

* I can keep going as long as I need to. I don't mind making sacrifices and working hard for something I want.

* I'll work hard for a while, but when I've had enough, that's it.

* I can't see that hard work gets you anywhere.

Can you make decisions?

* I can make up my mind in a hurry if I have to. It usually turns out O.K., too.

* I can if I have plenty of time. If I have to make up my mind fast, I think later I should have decided the other way.

* I don't like to be the one who has to decide things.

Can people trust what you say?

* You bet they can. I don't say things I don't mean.

* I try to be on the level most of the time, but sometimes I just say what's easiest.

* Why bother if the other person doesn't know the difference?

Can you stick with it?

* If I make up my mind to do something, I don't let anything stop me.

* I usually finish what I start--if it goes well.

* If it doesn't go right away, I quit. Why beat your brains out?

How good is your health?

* I never run down!

* I have enough energy for most things I want to do.

* I run out of energy sooner than most of my friends seem to.


Count the Checks You Made-
How many checks are there beside the first answer to each question?

How many checks are there beside the second answer to each question?

How many checks are there beside the third answer to each question?

If most of your checks are beside the first answers, you probably have what it takes to run a business. If not, you're likely to
have more trouble than you can handle by yourself.

Better find a partner who is strong on the points you're weak on.

If many checks are beside the third answer, not even a good partner will be able to shore you up.

Online Marketing Defined

The definition of online marketing is: Placing your business or product on the Internet for millions of users to access so that you can turn your website into a strong tool to maximize your sales and business potential.

But online marketing is much more than putting your advertising online. Marketing online includes such areas as communicating with your customers, promoting your business or product online, and making sure that your website content is useful and up to date. The great thing about online marketing is that you don’t need to have a huge budget to put together a marketing campaign that is effective. There are tools that you can use to make your marketing techniques easy and profitable such website templates, shopping cart templates, and online marketing templates.

What You Need for Online Marketing to be Successful

There are some important points to consider before you get into the strategies and intricacies of online marketing:

Communication. An important part of online marketing is how you respond to your customer’s e-mail. You don’t want to lose potential customers after you’ve made the effort to have them visit your website and then contact you for more information. E-mail is a very effective and cost efficient way for you to generate more sales. The key to this effectiveness is “consistency”. You need to be consistent in your response to your customers. You’ll also want to make sure that the tone of your e-mail corresponds with the tone you’ve set in your website content.
Human resources. If you’re going to succeed online you need to have enough people working with you. Efficient websites incorporate a personal touch with a fast response time to customers. Your goal is to turn the visitors to your website into customers. The standard time for a return e-mail is from 48 to 72 hours. If you wait any longer to e-mail back you risk losing the customer. This means that if you don’t have the man power to return e-mail in two to three days you need to take another look at your marketing strategy.
Products people want to buy online. Before you start marketing online you need to be sure that you have a product or service that people want to buy. Customers need to find a value in what you’re selling. There are two motivating factors when it comes to selling online: cost and convenience. Ask yourself if customers will find it easier to buy online than finding a local store. Is it cheaper for them to buy this from you online?

What Can Free Ebooks With PLR Do To Help Your Business?

When you have a business online you will have to know how to get traffic to your site if you want to make any money. One good way you can do this is to use free eBooks with PLR. There are many things you can do with free eBooks with PLR to help your business grow. You just have to take the time to learn what you can do.
Here are some of the things you can do with PLR eBooks so that you can watch your business grow.
- You can take more than one eBook and bundle it with other eBooks and then sell it to make some money.
- You can also take the eBook apart and use the different sections as ecourses that you can give away on an auto responder in return for the names and email address of anyone that wants it.
- You can give away the free eBooks with PLR to your customers so that they can have a business tool that they can use.
- PLR eBooks are a great incentive that you can use to grow your opt-in list.
These are just a few of the ways that you can use free eBooks with PLR. You can do some research to find out how other people are using PLR eBooks to help them grow their business and make money. You can visit forums to find out all the information you need to know and if you don’t find it then you can ask in the forum and someone will give you an answer.
The free eBook with PLR rights can be a very powerful tool for your business if you learn how to take advantage of it for your business. People who are successful with their businesses have been using eBooks with PLR rights for a long time because they know how much they can help their business. Now you need to learn all you can so you can take advantage of PLR eBooks too. You don’t want to just assume that you know how to use eBooks because when you do you will end up making a lot of mistakes that could have been avoided if you had just taken the time to do your homework. So add this to your business toolbox and start growing your business today so you can make the kind of money that you have always dreamed of.

Summary: Free eBooks with PLR can be a big asset for your business. You just need to learn how to use them and what you can do with them to help make them one of your most powerful tools. You definitely want to add plr eBooks to your business toolbox so you can grow your business and make more money.

PLR – How Can Private Label Rights Help Your Business?

There are many people who use PLR products to help them grow their business. When you are not using PLR than you are missing out on a very powerful tool that will help you grow your business and make money. You need to be using Private Label Rights products in your business otherwise you will be losing out and not making the kind of money that you could be.
Here are a few of the ways that the PLR can help you with your business.
- You can take the Private Label Rights products and give them away as a bonus for signing up to your newsletter.
- You can use them as an incentive for buying another product. In other words, when they buy one product they get the PLR product for free.
- You can change Private Label Rights products so that they are your own. You can add your name and website to it. You can also rewrite the content in any way that you want to that will be beneficial to your business. This will allow you to have your own product without having to spend months creating one from scratch.
- You can sell them on eBay or any other auction site. This is a good way to make money. You can always find these types of products for sale on eBay. You can sell them all over the internet to make money too.
- You will have total control of the PLR product which will mean that you can decide how much to charge for it. You can even put more than one Private Label Rights products together and sell them as a bundle. Then you will be able to charge more money for them.
These are just a few of the ways that these types of products can help your business. There are so many other ways that you can learn about by doing some research. The more education you get on using Private Label Rights products for your business the more money you will be able to make and the more powerful of a business tool it will become. Watch and learn from other people when it comes to plr. You will be surprised at all of the different ways that you can use these products for your business to help you make money and continuously grow your business. You will be glad you did.

Summary: There are many ways that PLR products can be a benefit to your business. You need to learn how the private label rights can be a very powerful tool for your business so you can start using them today. You will be glad you did when you see the money coming in.

Getting the Word Out

You have created your own product that has been proven to have great demand, you have a salesletter that has a sky-high conversion rate, but all that would be futile and you will earn nothing if you don't have a single soul passing by your website since you will have no one to sell to! You might be a total beginner and therefore do not have a massive mailing list to sell to, and your website is on the 103th page of search engine results pages. We can change all that with a few tried-and-tested traffic generation techniques.

First and foremost, let me make it clear to you that search engine optimization is not the only way to gain massive amounts of traffic! You see, search engine result pages are in a sense just web pages – similar to regular websites around the web. It is only so lucrative to have your website listed on the top of search engine results because many people use the search engine to search for information and arrive on the search engine results page. Hence, loads of people see your site's link and you attract loads of traffic.

The effect would have been exactly the same if your website is mentioned in a website with very high traffic. For example, imagine what would happen if your website was mentioned on the front page of Yahoo's website! Your website will receive so much visitors your bandwidth might go over the limit. So, the trick is to get other high-traffic websites in your niche to link to your website. To do this, you must give them very strong reasons to link to you – maybe it's this very thought-provoking article you've posted on your site, maybe it's the ingenious solution to this lifelong problem everyone has had for all their lives. In short, give people amazing reasons or value to earn a link from them.

Alternatively, you may link to a certain high-traffic website that's related to yours and ask for a link back. This technique is called reciprocal linking and is a very common technique for gaining links. However, before you even ask for the link, check your own website and ask yourself if you would be proud to recommend such a site to your readers, and whether it will provide useful information to your readers. In short, make sure your website has its own value and not just an empty shell devised to attract traffic!

The Importance of Overdelivering

As an online merchant, your customers cannot see your face. They cannot hear your voice when you are recommending your products, and they cannot see the emotions on your face when you are telling your customers what benefits they can derive out of your products.

The Internet is a level playing field for every Internet marketer and merchant out there. The sheer connectivity means that you can reach every individual in the world. You are not limited by geographic constraints and anyone can be your customer or client.

This is precisely why you should overdeliver. When every competitor of yours has access to everyone in the market, your only way of winning the battle is to overdeliver, again and again. When you overdeliver, you present yourself as a person with the customer’s interest at heart. You become a trusted friend and not a greed-driven marketer out looking for their money. Overdelivering is simply your only way to differentiate yourself from your competitors.

You can start overdelivering by providing superb support for your customers. How many times have you been turned away with rude answers when asking about a certain product you purchased? Compare that with the number of times you have been provided very good service, as if you're being helped by a personal friend. The ratio is just off balance, proving how scarce good customer support is. By providing excellent support to your customers and answering to their every needs patiently, you will gain customers that are fiercely loyal to you because they know you have their best interest at heart.

When you provide excellent customer support, you're already ahead of most of your competitors. Take it a step further and think: in what other ways can you over deliver to your customers?

One very good way is to give your customers a pleasant surprise when they make a purchase from you. For example, if a customer buys your cooking utensils, you might throw in a bonus recipe book for them. However, do not use the bonus as an incentive for the customer to buy your products. Your products must be good enough to make the customer buy it in the first place, and the bonus must serve as a surprise element; you must not announce it in the product catalogue.

The final way is to build a long-lasting relationship with your customers. If a customer buys regularly from you, you should send greeting cards during birthdays and on every holiday, be it Christmas, New Year, Easter, even Chinese New Year! Your customer will again remember you as a friend, not a business associate, and will favour you above other merchants because of the warm relationship.

So, remember to start overdelivering today!

Preselling - The Art of Building Anticipation

Preselling is the work you must start doing before you release and sell your product; that's why it's called pre-selling. It's the work you do to convince your to-be-customers that your product has great benefit and only a fool will pass your offer without purchasing -- all this without actually "selling" the mentioned product.

Preselling can be seen as selling yourself to the customer before you sell your product. When you sell yourself to the customer, you are making your customers think "okay, this guy is not one of those greedy marketers. He's actually here to help me out." so that they will let their guard down and listen to your sales pitch.

Preselling is also the art of building up anticipation. If a friend told you his chronic headache has been solved overnight by “some new medicine” but did not mention what it really was, would that leave you wondering what the medicine really is? More so if you're having a chronic headache yourself! That's why by mentioning a benefit which would get your prospects' ears perked up again and again but not really revealing what the solution is, you will get your prospects dying to hear what you have to say next as you reveal slightly more about the solution each time. When you finally uncover the whole thing, your prospects will be crawling all over your website looking for the buy button!

However, preselling is not just about unveiling your product bit by bit. In fact, that was only one of the various ways one can presell. For example, you might run a weekly newsletter on acne problems and coincidentally you have just written this great ebook called “10 Ways to Solve Acne Woes Once and For All”. In your newsletter, you can presell by including a snippet or two from your ebook and mentioning it as a viable solution to acne problems. If people get good advice from your newsletter, they will perceive you as an expert on acne problems and naturally will be curious to find out the ways you can teach them to solve their problems.

At the end of the day, it all boils down to giving value to people before you ask people to buy something from you. If you can help people to solve their problems, they will, more often than not, be very willing to buy products from you.

Benefits of Joint Ventures

Let's imagine a situation where we have two Internet marketers who know each other. One has a great product that will sell very well but he has no mailing list, no affiliates, nothing. The other is a great marketer with tens of thousands of subscribers in his mailing list, but the problem is he has nothing to sell to them. The very obvious solution here is to give the product to the great marketer with lots of contacts, and split the profits between them. This, my friend, is the very essence of Joint Ventures.

As more and more people start their own home based businesses online, the market is going to get more and more saturated and the competition will grow fiercer by the minute. The fastest, most effective and easiest way to build your own online business empire is through joint ventures. That is, join forces with other marketers to sell your product.

When you joint venture with another marketer, you can ask him (or her) to send an endorsement of your product to his existing mailing list, so you do not need to worry about collecting subscribers from scratch. You already have an easily accessible target market. The trick is to find the right marketer whose subscribers will be interested in your product. Once you achieve that, you won't even have to worry about generating traffic to your salesletter or finding affiliates to promote your product. All of that is already done for you.

When you joint venture with a solid player in the field, your perceived value and reputation will instantly increase because if this well-known person in the field is willing to work with you as a team, you must have some substance! Hence, when you manage to hook up a joint venture with someone who's a “regular player” in your niche market, your status will instantly change from “total newbie” to “guru status” overnight!

Last but definitely not least, you will get a chance to build a lasting relationship with a big figure in your niche market, and that alone will worth more than the profits you pull in over that single Joint Venture. When you have a dominant figure in the market as your friend, you will gain a lot of privileges and perks that no newbie like you could ever get their hands on – for example new insights into interesting product ideas and marketing strategies. You can't even buy that for hard cash!

So, start looking up a potential Joint Venture partner and try your best to convince him or her to strike up a deal with you!

Building a Customer Base

Let me ask you a question: do you think it is easier to sell your product or services to a complete stranger or to a person you have had contact before; whether it's an email conversation, forum participation or even an existing customer relationship (i.e. He has bought something from you). Without doubt, it would be harder to sell to a total stranger who does not know whether or not you are an honest seller, and whether or not they should trust your words and believe that your product or services will truly benefit them.

This is precisely why you should build up a customer base -- a group of people who trust you and will most likely buy a product that you offer to them. This will ensure that you have a recurring and consistent source of income. When you release a product or make an endorsement, you have a group of people always ready to hear what you have to say.

There are several sources that you can tap into to start building a customer base. For example, you can participate in an online discussion forum and give advice and help for free. It won't be long before people start to recognise your name and stop and listen everytime you have something to say. You will become a valuable friend and teacher, and gain the trust of these people. Would you buy something your close friend recommends?

Another way to build a customer base is to build a mailing list. There are a gazillion methods to collect subscribers, but when it's boiled down to the very essence, it's all about proving your value to the crowd and offering an incentive to make people become part of your mailing list. A typical example would be a website choke-full of freely available, helpful and quality articles on a certain subject plus a "special report" that can be downloaded for free provided you give your email address. The rich content provides value, and the "special report" is the extra incentive.

Yet another source for your customer base, which is often forgotten, is your existing customers. If you bought this product from this particular person and he answered patiently to your every question, would you buy from him again in the future? Definitely. When a customer has given you his money, that's not the end of the affair because by keeping in touch with him and developing a flourishing relationship with him, you will have a lifetime source of income.

Imagine if 100, 1000 or even 10000 customers are waiting to grab your newest products even before they are released! Hence, it's vital to build a customer base because it simply saves a lot of time and effort.

Ethical Marketing

To sell a product well, it is very important to use powerful selling words to really convey each and every little benefit that your product has to convince the customer. It is not uncommon to see words like “unbelievable” and “phenomenal” and something along those lines in really great salesletters.

However, there are some marketers who intentionally use hyped-up descriptions to sell off their products. These marketers mislead customers into thinking that their products offer benefits that do not really exist in reality. At this point, it would be appropriate to quote a story that really happened:

One evening, a fellow marketer in my MSN Messenger list messaged me to check out his newest salesletter for his product, an ebook on earning revenue with contextual advertisement. I logged on to his website and was drawn right into his sales copy! The reason was the salesletter dived right into my desires and promised that “everything I have ever wanted” can be obtained just by purchasing the said ebook and executing whatever is inside. The salesletter also made it seem that the author owns fleets of Mercedez Benz cars, luxurious mansions and private yachts.

The problem was I know this particular marketer personally. He is actually a 17 year old high school graduate looking for a few quick bucks by selling a little ebook he compiled with information collected from various sources from the Internet. My emergency alarm immediately kicked in and I can just imagine how many na?ve newbies can be fooled with the deceptive sales copy.

The sad but very real fact is that there are many scam artists online, waiting to rip you off your hard-earned money. Hence, remember that the usual advice for consumers still apply online: use your common sense. If something sounds too good to be true, it probably is too good to be true.

Remember, when you intend to purchase something from the Internet, do a basic check-up on the merchant website. First and foremost, if you have even the slightest question on any of the features of the product mentioned, email the merchant regarding it and observe the attitude with which he/she replies. Customer support reveals a lot about the integrity of a business.

Finally, if you can't even find support email on their website, click the “Back” button and run away from the site at once!

Creating A Sellable Product

Many marketers have created or acquired products that they thought would sell well and, in their enthusiasm, set up everything from sales letters to websites to getting traffic. However, a lot of these marketers have forgotten the single most important factor that will affect their product sales – the "sellability" of the product.

When you begin creating products or buying rights to a certain product to sell, the most important factor you must take into account is the demand of the product. Do people want your product? It is simply stupid to waste a month's time preparing a product, setting up the website and required sales techniques only to find that people do not even flick an eyebrow at your product!

Your final goal is to deliver the product to your customer and collect his or her money. In order to do this, you must make sure your customer wants to buy your product in the first place. How do you find out if they want your product? Simple. Just ask! Ask in forums related to your niche. Hold a survey or public poll. The Internet is a flat playing field, and you have the power to reach just about anyone in the world who has an Internet connection.

Let's say you have this brilliant idea on creating a step-by-step instruction on how to cook Malaysian food. First, you must find out if anyone is interested (or even heard of) Malaysian food. To do this, go to a food-related forum and ask tactfully if anyone would be interested in learning Malaysian cuisine. Do not ask blatantly whether anyone would like to buy an ebook with instructions on how to cook Malaysian food, or you might be in danger of being accused of spamming.

On the other hand, you can give out a few samples of your Malaysian recipes to test the waters – see how the forum members react to them. If they show enthusiasm for learning more, then you definitely have a market in this. If they show no interest, then it is time to look for a new idea to market. You save time in the long run because you don't have to find out the low demand for your product the hard way.

If your idea is welcomed by the forum members you surveyed, you can go ahead and compile your extensive ebook on cooking Malaysian food because there is interest in the information you possess. Where there is interest, you can easily build up desire for your product, and with desire (plus good marketing), your purchases will arrive naturally!

The Importance of Selling

Not so long ago, when the computer was first mass-produced for selling to the public, a lot of industry experts predicted that nobody will want a box that does nothing besides handling data and hogging up the entire garage. They were obviously wrong – nearly every household will have at least one computer in the US, and most even have two or three desktops!

This little bit of history tells us that no matter how good your product is, you cannot earn even a penny from it if you have a lousy salesperson. Likewise, no matter how good your product is, you cannot sell even one copy of it with a weak salesletter. Hence, it is vital to have a compelling salesletter that will pull the prospect right into it and see clearly the benefits that are presented against the very reasonable price you are charging.

A good salesletter will first catch the attention of the reader by resonating with the reader's needs and desires. That's why you often see headlines such as “Have you ever felt...” or “Does ... sound familiar”? They work because they empathize with the reader's needs, problems or desires. The Internet is like a very busy freeway and everyone's in a rush. Only a strong headline like that in big, bold letters will stop your target audience dead in their tracks to read through your salesletter.

Once you've obtained your reader's attention, you want to spend the first few paragraphs on telling your story – how you have gone through what your reader probably has, the agony of the whole experience, etc. Once you get your reader thinking “he's one of us”, you would be perceived as an understanding individual offering a solution and not an anonymous marketer looking to sell his product.

Next, you have to elaborate on the benefits of the product you are selling. List them all on a piece of scrap paper until you have quite a long list; then write your salesletter from there. In your salesletter, highlight the benefits in point form and elaborate on each benefit. Be sure to point out how your product helps the reader instead of pointing out the features of the product. For example, instead of saying “this gizmo cures headaches”, say “this gizmo can relieve your headaches”. Make it relevant to the reader.

Then, write a paragraph or two on how the reader's life could be changed if the problem he is facing can be totally solved with your product. It is important to use very descriptive words so that the reader can fall into the imagination more easily.

Last of all, make a strong call for action! Your final objective is to make your readers buy your product, so it is important to make a final, strong call for action, be it “click the Buy button”, “whip out your credit card” and so on. Do not make the mistake of forgetting such an important step after coaxing your reader through the lengthy paragraphs.

Outsourcing Your Business

An online business consists of many essential components: website design, product creation, payment processing, salesletter, affiliate programs and so on. How about coupling that with sales and advert tracking?

When a lot of Internet marketers start out with their small home based businesses, they have totally no idea that their businesses could grow into "something that huge". One-man eBay stores grow into full-fledged online shops run by a team of dedicated salespersons, logistics and customer support personnel. At the end, you can never manage every little aspect of your business when it grows to a certain extent, and that is when outsourcing comes in handy.

However, care must be taken to choose the right people to outsource your tasks and equal detail must be paid attention to to provide the best working environment for greatest productivity. The tasks you should outsource to people are those mundane and repetitive jobs like answering emails, keeping track of stocks and sales figures and so on. This ensures that while you hand some of your responsibilities to other people, they have the least chances of screwing up because the jobs they are handed are easy and straightforward. In contrast, never let others make decisions that will greatly affect your business if you do not want to risk losing your business overnight.

While you have to hire people on wages for some jobs such as book keeping, some jobs can also be accomplished by outsourcing to freelancers. For examples, you can get ghostwriters to write good content for your website and you can get freelance designers to spice up your merchant site. You do not need to hire these people on a regular wage because once their job is done, they do not have much follow up work to do for your business. A good resource for freelancers would be www.elance.com and www.rentacoder.com, where freelancers and buyers have transactions on a per job basis.

When your business reaches a certain extent, you will start to find it hard to keep track of everything and this means time to outsource. Think of it this way: you may lose a little money to hire other people to do some of your daily tasks, but you earn more money from the increased productivity.

How to Start an Internet Business without Capital

I often meet new Internet marketers on various forums and they aspire to earn the big bucks like some of the well-known personas out there, such as Yanik Silver and Bryan Kumar. However, most of these new marketers have only the slightest ideas on where to start, and a lot of them are not willing or able to invest a startup capital in their online business. However, it is almost impossible to start an Internet business without spending some money on basic infrastructure such as web hosting, domain names and so on. Hence, here is a rough guide on how to build an Internet business starting with $0.

The first and most important thing to do is to list out all your skills. What skills do you have? You may have picked up these skills through daily life (for example languages), through your job (hands-on knowledge on a specific niche) or from your hobbies (for example fishing). It is most vital to list down skills or knowledge that you have and might be in demand elsewhere. For example, you love fly-fishing and you do it every day after work. You may build your Internet business upon this: writing an instructional guide on fly-fishing, teaching people how to do it, etc. Best of all, you do not need to spend money to acquire this knowledge: you already have it.

So, the very first option, if you have no money to start off your online business, is to earn some capital using your already existing skills or knowledge. You can give tuition to students on your dominant subject in college, you can teach stuff about your hobby to people who are interested, you can write guides on knowledge or skills you picked up through experience and cannot be found in theoretical books.

Okay, let's say if you just can't think of any skills or knowledge that people might be interested in. Then, it's most important that you locate a workable business model and focus on that alone. You can obtain almost everything you need through bartering, web hosting, domain name or credit card processing, to name a few in exchange for your product (if you own one) or services like copywriting, ghostwriting and website designs. There is always some mundane job that people don't want to do, and you can do that for those people in exchange for things you need. You just need to ask for it!