Friday, May 1, 2009

(34) Online Business Knowledge

ONLINE BUSINESS KNOLWDGE


1). Five Best Ways to Make Money Online

Almost everyone has dreamed at one time or another of quitting the corporate world and still being able to pay the mortgage, put food on the table and take your family out to dinner occasionally. Thanks to the Internet, more and more people are able to accomplish the transition from wage slave to entrepreneur. While income may be lower than you are used to in your cubicle job, it's exciting to think that your expenses may be significantly lower as well. No more commuting costs, you can even be able to get rid of that second car. Just imagine a commuting time measured in seconds instead of hours. However, not every online money-making opportunity is equal. Here are five tried and proven ideas that allow you to make money online.


Sell your services:


There are literally hundreds or even thousands of project bidding opportunities that appear on the various freelance web sites every day. The projects range from writing copy to designing web sites, to audio services and project management. The service buyer describes the project he wants completed, the service providers bid on the project and define how much they will charge to complete the project according to specific requirements of quality, style and deadlines. You can make money online from these sites if you can stay focused working alone.


Write for blogs:


Sometimes blog posts are handled in the same way as the freelance projects. Buyers ask for bids on a certain number of posts over a period of a specific number of days. Typically, a batch of posts will be sent to the service buyer who remits payment to the service buyer through one of the payments sites such as Paypal. In order to make money online writing for blog postings, you must be self-disciplined, have reasonable research skills and be able to meet deadlines.


MyLot:


MyLot is an interesting way to make money online. It's a global community where members get paid for blogging or posting to the forum with opinions, discussions, questions or other news commentaries and editorials. Because the payment vary according to the volume and quality of the posted information, you can earn anywhere from $10 on up.

Advertising revenue:


It's easy and fun to make money online when you own a website where the sponsors pay you to list products. You design a website that draws visitors from the global market. Prepare and post good content and the visitors will be led to your site. Because your site is getting dozens of hits each day, revenue from advertisers will soon begin to pay you to place a web advertisement on your site.


Authority website:


Building an authority website is another popular method to make money online. With fairly minimal effort you can create a website that becomes an authority on some subject. Then, you can wait for the orders to arrive on behalf of the website visitor, or you can do active recruitment in areas there have not been an online presence.


2). GOOGLE AdSense Tips For Maximum Earnings and how to avoid smart pricing

Almost everyone has probably heard of AdSense by now, if not then I am pretty sure you have seen AdSense and may have not even known what it was. To explain AdSense, I must first tell you a little about ' AdWords ', Adwords is a Pay-Per-Click (PPC) advertising system that is available through Google the search engine. You create a small text ad, which is placed on Google's search result pages, the ads match your websites subject or content. You bid or set a fee that you are willing to pay Google every time someone clicks on your ad, this is a great way to get highly targeted traffic that can turn into sales, subscribers, or whatever you are trying to achieve with your website traffic. Now that I have explained Adwords, I can now tell you about AdSense. AdSense makes it possible for website owners to earn money by simply letting Google place ads on their web pages. AdSense ads can be either text or images, the ads can be altered to blend into the webpages, so they don't make your site look junky or poorly designed. AdSense ads are highly relevant to the content of most webpages, for instance if you place AdSense ads on a webpage that sells Coins, you will get ads about selling coins or other coin related subjects. Every time a website visitor clicks on one of the AdSense ads on your webpage, you earn money, and every month after your first balance reaches one hundred dollars, Google will send you a check or you can have the money deposited into your checking account. The AdSense program is a great way to earn extra money if you have a website, it's easy to make a few dollars every day, and some folks are making thousands of dollars per month doing it. When I first started Adsense, I placed the ads on my webpages and it wasn't very long until I had made a small amount of money, a few days later my account balance had grown even more. I was pretty happy, but I thought to myself, after reading a lot of articles, I am not making nearly as much money as others are making with AdSense, something must be wrong. Then I thought, maybe my website doesn't get the traffic that the others are getting ? I chatted with a lot of people on the internet that were in the program, and I discovered that the amount of visitors I get, was higher than some of the traffic they receive. You may think that 200 - 400 unique visitors a day is low for website traffic, you are very wrong, the average website gets a lot less per day, especially if your website is only a few months old or is not optimized for the search engines, or it's subject matter has a very low search demand. If my website was getting a nice amount of traffic or visitors, why was my AdSense earnings so low ? The first thing that I discovered that was wrong was ' adsense ad placement ', that's right, you have to study each webpage's layout that you plan on placing the ads on. Wherever your webpage has sections or areas that grab and hold the visitors attention, this is a prime area to place a section of AdSense ads, in other words, place the ads on your webpages where folks will notice them. We are currently allowed to place up to 3 different AdSense ad sections or groups on each webpage. I found after some testing that the best places for my ads are, just under the title or sub-title, near the middle of the page, and near the end or bottom of my page. If you place one section of AdSense ads near the top of your webpage, folks entering your site will probably notice the ads, and if they scroll down a ways and theres more ads, that increases the odds that they will notice them also. Probably the best place to place one section of ads is at the bottom of your webpages, right after your last bit of text or interesting reading, but make sure you place the ads before any other links, because when visitors are ready to leave your site, they may leave by clicking on one of your ads, earning you money, and if you have other links showing before your ads, they may leave your site by clicking on one of them. So after I studied the layout of all my webpages, I went back through and repositioned the AdSense ads, almost immediately I noticed my earnings increased. I left my webpages alone, and about three months later I received my first check in the mail, it wasn't a lot of money but still for really doing no physical work I was very glad to get it. My earnings slowly started getting better and better after that first check, the next month I received another check, then the following month I got another and so on. After having been in the AdSense program for about 8 months, and chatting with more folks who were also in the program I found that my earnings were still low compared to some other people. I then discovered another method that increased my earnings even more. I noticed that my ads stood out from the rest of my webpages text and content. I had always thought, I should make my ads a different color than my webpages background so folks would notice my ads, and click on them, I was totally wrong. Almost everyone that has been on the internet for any length of time, has become so accustomed to seeing banners and other flashy ads that almost everyone now has what is called 'ad blindness', that is, when they visit a site they are automatically turned off or they ignore anything that looks like an ad. I used the Adsense editor and I changed my ads background and border colors so they matched the background color of my webpages, and I changed the text color of the ads so they matched the text color of my webpages content. The ads blended in very well, to me they were barely noticeable from the rest of my webpage, but right away the number of clicks on the ads increased, and the earnings went up even more. I left my webpages alone and for another couple months my earnings stayed about the same, I was content with the results, but my earnings were still not as good as some of the other folks who received roughly the same amount of traffic that I did. Then I found out that they had done something else to their AdSense ads, something that made the ads seem to really get peoples attention, they were placing images near the ads, it seemed adding images made the ads look unique and it helped make the amount of clicks on them rise. So I searched the internet and I found some little icons and images that matched the content of my webpages, and near where the Adsense ads were shown, I displayed the images by adding a simple html image tag. I asked google if adding the images was within the AdSense rules, and I was advised that they were fine as long as they didn't make folks click on the ads, by this I mean, you cannot have a flashing sign that says, ' click these ads ', or you shouldn't have a scantily dressed girl pointing to the ads saying ' make me happy - click here ' or stuff like that, just make some nice little images that pertain to your webpages content. The next couple months or so, my earnings still continued rising slowly. By this time, besides my regular webpages I had been working on several BLOG's pertaining to different subjects, so I thought I might as well place AdSense ads on all of my blogs also and make even more money. For a couple weeks my earnings went up quite a bit, and I was very happy, then all of a sudden, just like someone turning off a switch, my AdSense earnings plummeted. I was now making in a day, what I had made when I first joined the program, what the heck happened I thought to myself ? My traffic was still slowly rising, the number of clicks was rising, but for some strange reason, the earnings per click, (EPC) had dropped a lot, it was horrible. Then I learned that Google had introduced a new feature or system into the AdSense program, called 'smart pricing', 'smart pricing' automatically adjusts the cost of an ad click. Using Googles system of analyzing AdSense data, if it shows that a click from one of your webpages is less likely to turn into an online sale, or other business result for the Ad publisher, the amount you earn per click in AdSense is greatly reduced. When 'smart pricing', was introduced, some AdSense users saw their EPC drop to as low as 3 cents a click, where before 'smart pricing', that same click might of earned them a dollar or much more, this was quite a drastic drop in earnings. What is horrible about 'smart pricing', besides the earnings loss to AdSense users, is that one site or webpage can trigger it, and once triggered by that one webpage, it effects your entire account and every webpage you have will now earn substantially less per click. Remember awhile back when I had added AdSense Ads to my BLOG's, that seemed to be what had triggered smart pricing for me. The BLOG's were on numerous subjects, but they were not business or real professional sites, so hardly any business results such as sales, occurred from folks clicking the ads on these sites. After I removed the Adsense ads from the BLOG's, it took about a week, then I noticed that the EPC was once again climbing back up, yes the "smart pricing", spell had been broken. If you are thinking about trying AdSense, or if you are already in it, beware of the smart pricing curse, or if it has already effected your earnings, try removing AdSense ads from your webpages a few pages at a time, the smart-pricing system is evaluated each week, so it will take a few days to see if you have removed ads from the page(s) that triggered it.

By Robert W. Benjamin


3). How to Start an Online Business Fast and Easy?

Where to buy a turnkey website?: There are many companies offering a turnkey website in web hosting business. These companies generally are web hosting service providers. You can own a web hosting business by joining a web hosting company’s reseller program. Many of the reseller programs usually are free to join and you are allow to set your own price for each product you selected for reselling. To search for a web hosting reseller program, you can go to Google and enter the search term web hosting reseller program.

If web hosting business doesnot sound interest to you, you may consider starting an online store. You can buy an online store for less $100 from a website calls getestore.com. They allow you to choose from 3,500 items with brand name such as Sony, Xbox, Panasonic and many more for reselling on your store without paying upfront for inventory. The suppliers will also handle all the packing and shipping works for you.

If you are only interested to start an affiliate marketing business. Pluginprofitsite.com is your solution. The site will recommend you to join several popular affiliate programs. After you have joined their recommended affiliate programs, the owner of Pluginprofitsite will create a brand new professional e-commerce website for you to promote all the affiliate programs you have participated. The cost isn’t cheap; you need to pay about $50 per month for hosting your website and the affiliate memberships fee.

To generate sales, you need to drive targeted visitors/traffic to your site. The more traffic you get the more money you will make. Here are some of the techniques you can use to drive traffic to your site:

Pay-per-click (PPC) Advertising:

PPC advertising programs offer an opportunity to advertisers to promote their websites by bidding for top-listings in the search engines on the keywords of their choices. PPC advertising can drive instant traffic to your website but they can be very expensive if you don’t use them wisely.

Search Engine Optimization:

Search engines can bring you a lot of free targeted traffic for long term if your website ranks top in their listings. To rank high, search engines optimization is a must. Search engines optimization involves optimizing your webpages for your targeted keywords and increasing the number of websites link to your site. It will take a lot of time and effort in search engine optimization.

Post Messages on Forums:

You can find community forums of your niche from search engines like Google and Yahoo and join a number of them. After joining them, you can start adding a link to your website in your signature by going to the control panel of each forum. You can start posting message once you added your link. The more you post, the more people will read your message and thus the more likely your link will be clicked.

Article Marketing:

Writing articles and publishing them on article directories is another free way to drive traffic to your website. You will promote your business in the article’s resource box by introducing yourself and your website. Your articles can drive thousands of visitors to your site within weeks if your content is impressive.


4). Freelance Job Opportunities

Work at home and make money online. Here is a short list of freelance job sites that contain a ton of freelance jobs and project that anyone can sign up to bid for the jobs that are right for him or her.




Sologig.com
Rentacoder.com

The employers in the freelance sites usually offer the following jobs:

* Writing and Editing

* IT Jobs such as programming, web development, Javascript and so on

* Word processing, data entry and admin jobs

Many of the jobs are offered to people around the world. Some freelance sites are free to join and some require a monthly or quarterly membership fee.


5). How to Make Extra Income From Home

With the economy looking shaky, and job security no longer there, more and more people are looking for ways to make extra income. I'm about to reveal several extra income from home ideas to you. The good news is that if you implement each one, you'll not only be able to earn extra income from home, but also have multiple income streams. Of course, you may be able to do all three on top of your existing job. Good for you, that is definitely consistent with the idea of multiple streams of income! Every one of these options may become so successful that you're able to quit your full time job forever.

Start an eBay Business:

One of my favorite business for people who want to make extra income from home is to sell on eBay. eBay.com is the popular online auction site where anyone can buy and sell all kinds of goods and services. While it started out being an online place for selling second-hand goods that people no longer wanted, it's now a thriving market place suitable for full-time businesses! There are also numerous other online auction sites where you can sell things to make money. EBay business is really like any other business, it involves selling goods at a profit. These may be the goods in your own possession that there is a consistent demand for, and that you can buy more cheaply than the price at which you sell them on eBay for.

Offer Freelance Services:

Another excellent way to make extra money from home is to offer freelance services. Are you an accomplished writer or designer? Are you willing to do work for people or companies? No matter what skills you possess, some company will want you to do some work for them. Just visit the major freelance sites like Elance.com and RentACoder.com and you'll see numerous posts from companies looking for workers. Companies will post a job they want done on these sites and invite people to bid for the job. If you want to get your bid accepted and to land the job you should avoid bidding too high. You would want to be competitively priced while still having your earnings reflect the value of your work.

Consider Investing:

A third recommended way to earn extra income from home is to invest. Investing often doesn't make the top list of people's extra income ideas and yet it's one of the most profitable and least time consuming ways to earn income from home. You will need to decide what to invest in; property, bonds, stocks, financial derivatives? Also, you will need to learn the strategies and tactics involved in making (not losing) money investing. If your idea about making extra income from home doesn't include actually operating a business or performing services, investing is one of your very best extra income choices. Investing most certainly fits very good into the whole idea of having multiple streams of income.


6). Free E-book That Can Help You Start Making Money Online

You don't need to buy Internet Marketing e-books to help you start an online business. Here's a free e-book names "Dotcomology - The Science of Making Money Online" you can download. This e-book is written by Stone Evans, a home biz guy. It tells everything you need to know in order to get started making money online. You will learn:

* How to make a e-commerce website from scratch.

* How to structure your website so that it becomes attractive, interesting, engaging and interactive.

* Discover which businesses are succeeding and why.

* PPC advertising and SEO techniques for getting your website to high ranking which will bring

* you free target traffic everyday.

* How to start you own affiliate program that can help you make more money.

* How to build a massive opt-in mailing list and profit from it like crazy.

* How to launch your own blog absolutely free and make easy money blogging online.



7). 4 Steps to Creating A Website Specifically to Earn AdSense Revenue

Building a website to earn Google AdSense advertising revenue has become a popular way to make extra money online nowadays. It is easier to earn AdSense income versus generating sales by selling products or services online. However it does involve works, time and money before you start earning from Adsense program. Below are the steps to creating a content website for earning AdSense revenue.

Step 1

Decide the content of your website. You can write a topic or subject related to your interest, hobbies or experience. You can also provide educational information and advice on your website if you are expert at something.

Step 2

Use a website builder to create your website. One of the easy-to-use website builders that can help you build a website is Bluevoda website builder. Bluevoda site builder allows users to build a website without technical knowledge. You don’t need to build your site from scratch. The trick is to use a free professional template provided by the site builder and then start adding your text and links to your website. You can add some graphics and pictures to make your site look nicer. After completing your website project, your next step is register a domain name and sign up for a hosting account to publish your website on the Internet.

Step 3

Join Google AdSense program. It will usually take several days for Google AdSense team to review and approve your site. If Google accepts your application. You can start learning how to generate AdSense code for inserting to your website to generate Adsense revenue. If your site rejected by Google, don’t get upset easily. Google will let you know the reasons of the rejection. You can fix the problems and reapply again.

Step 4

You need to drive targeted Visitors/Traffic to your website to generate Adsense revenue. The higher your website’s traffic the greater your Adsense earning will be. Below are some of the ways that can help you drive some traffic to your website in short period of time. Use Per-per-click (PPC) advertising. The two most popular PPC search engines are Google and Yahoo. Google and Yahoo can deliver instant traffic to your website but it is costly to advertise on Google and Yahoo. There are other alternatives like Bidvertise.com and Clicksor.com which are cheaper to advertise with.

* Introduce your site to your family and friends.
* Write several articles with a link to your website on the resource box and submit them to article directories. You can find a list of article directories by going to Google and entering the search term "article directory".
* Post messages on community forums with a link to your site on the signature of each message posted.
8). Home and Online Earning opportunities

If one wants to work online they have some real opportunities. However, they must have a good internet connection and it must be fast. The best opportunities are in my experience are freelance writing jobs, online tutoring jobs if you have teaching qualification and online teaching experience as well there are sites, which you can write what ever you have knowledge and they will pay you royalties.

In addition, there are e-mail reading jobs which can cover cost of online processing of payments by a payment processsor like paypal. In addition. they also can suppliment the income you earn from other opportunities. I have done all these jobs and they can earn a substancial income if you are talented and skillful and have real interest in doing the job and you have time to do it.

The online tutoring opportunities can be accessed via searching through google. Then you can select the sites you want to register and apply for the job. If sucessful, then you can start working by communicating with students if the particular company allocates the student to you.

The freelance witing web sites you can work is Bestfreelancewriters.com or Allwiters.net. You must register with these sites and apply for the job. If sucessful then you immediately start to request for writing orders or choose the writing jobs you wanted to do and if completed and satisfy the clients requirements, then they will pay you as agreed.

In addition, you can become a member with Avantcash.com, petmails.com, orangeBizs.com, EarningEasyMoney.com, paidyousure.com and other paid e-mail web sites via searching google. Other online opportunity which pays according to your quality articles are Triond.com and Bukisa.com. In addition you can get project work of freelance wrting by becoming a memeber with other freelance writing web sites by searching google and becoming a member of these freelance writing web sites.

They have paid me and they are not scam web sites. If you are good and you have good wrting skills then you can earn a substancial income.
9). Make money on internet at home

How do you make money on internet at home? You are boy or a girl, teenager or an adult, man or women, everyone can make money on internet at home. There are at least two ways in which sites can make money:

* Advertising Revenue
* Selling Goods and Services

Making Money From Advertisement:
If you look at many websites, you will probably notice that there are banner advertisements displayed on most pages. If you are a newcomer to the scene, you might think that you must either be a company or that your site must be famous before you can get advertisers, just as it is the case in hardcopy publications. In reality, anyone with a website can get advertisers. While it is true that if your site is well-known, you may get companies contacting you to offer to advertise on your site, you can get advertising revenue even if you are just starting out and your site is relatively unknown. The way to do this is to join as an "affiliate" of various sites, either directly, or through an affiliate network. An affiliate network is simply an intermediary where you can select from a variety of advertisers.

Payment Methods:
Before joining any program, you should probably be aware of the different payment schemes available.

Pay Per Impression:
Here, you are paid according to the number of times the advertiser's banner is displayed on your site. The amount you earn is typically calculated based on the number of thousand impressions of the banner (impressions = number of times the banner is displayed), often abbreviated CPM (cost per thousand, with the M being the Latin numeral for thousand). That is, $10 CPM means that you get paid $10 for 1,000 displays of the banner. In general, the amount paid is usually small, but it is easy to earn since every time a visitor loads the page, you earn. This is known as a "high conversion rate". Needless to say, this method will allow you to automatically earn more if your site attracts a lot of visitors.

Pay Per Click:
When you are paid per click, you are only paid when visitors click the advertiser's banner on your site. The amount paid is usually higher than the pay per impression scheme. Whether you get a high conversion rate here depends on the banner (whether it attracts people to click it), although in general, it has a higher conversion rate than the pay per sale method. A high traffic site will probably enjoy a higher click rate than a lower traffic site, although you will probably get better results if your banners are carefully selected to suit the target audience of your site.

Pay Per Sale or Lead:
While you will probably get the highest payment rates with this method, it has the lowest conversion rate of the three schemes. You will only earn if your visitors click through the banner and either purchase an item from the advertiser or take some other prescribed action (eg, sign up for a service). Like the Pay Per Click method, you get much better results if you carefully select your advertisers to suit the target audience of your site.

To join an affiliate network or program, simply go to the site and complete their online application form. Some programs will give you instant approval while others require a human to check out your application before it is approved. Once it is approved, you'll be given some HTML code which you can cut and paste into your web page. Note that some affiliate networks and programs will not accept you unless you have a domain name.

How To Choose An Affiliate Program?:

How should you choose an affiliate program? if you are targeting parents on your site, links to affiliates with educational software, books and the like may generate more revenue than banners that link to web hosting companies. The most important rule of choosing an affiliate program is to know your target audience. Another point to consider is whether you really want to join every single affiliate program that comes your way. Some studies suggest that sites that make the most money from affiliate programs are affiliates of only a small handful of programs. Furthermore, concentrating your advertisements from one network may allow you to be paid faster. If you advertise for hundreds of different affiliate networks on your site, you may wind up earning only (say) a few dollars per month from each network. If your advertiser's minimum payment amount is higher than what you can earn each month, it may take you a long time before you accrue enough to be paid.

On the other hand, that formula does not necessarily hold true for every site (or every page on your site, for that matter). For example, if your site has a particular theme, and an affiliate network only supports one or two suitable advertisers, you might want to sign up for a few affiliate networks so as to get a greater number of relevant advertisers. After all, advertisements that are relevant to your audience are more likely to be taken up than general advertisements. (What's the point of putting banners from only one affiliate if nobody is going to click them?)

We will add in near future some good affiliate programs enabling our viewers to make good money at home from their websites. Simple rule of thumb, only join related affiliate programs, eg if your website is related with beauty only join affiliate programs of beauty websites.

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