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Archive for July, 2008

Money Making Traps?!

Free-Money-Trap
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A blogger friend reminds me that there are many money making traps out there in the internet. I truly appreciate his kind reminder but in my opinion, the words of “trap” “scam” or “opportunity” are really depend on the point of view of that particular person.
I just simply do not understand why some people they never try or never step into the game but they use some negative words to comment about it. Well, if they have tried and they failed or they felt they have been cheated so that’s their comments, then I can understand how’s bad the feeling.
I involved in internet marketing one month ago, like others, I also very careful when the website ask me to pay for something. I wonder why should I pay? I can really make money online? How if I pay but I couldn’t earn? BUT i also wonder why some people they can really make big money online?!
I started to join free programs like FREE paid survey, FREE click to read ads, FREE paid to click ads. After few days, I found that I can only earn few cents by cents each day. That’s not I want. I decided to sign up for 2 Paid Programs which I know I can earn more. Guess what, I earn $1000+ for my very first month. Honestly, I do not have much knowledge about affiliate program. I learn step by step and day by day. I keep on learning until today.
For $1000+ a month by part time is not what I want, I have higher target and I know I can make it. So, I know you can make it if you want too..
THERE IS A WILL, THERE IS A WAY!
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Reading & Understand the Business Model

understand
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These few days I am doing my reading all the time. I read articles, blogs and free eBook about affiliate marketing and how people make money online. From those reading, I found that those successful affiliate marketer have gone through a learning curve and put in a lot of effort in the business before they have such achievement.
Someone just remind me again the famous old saying “if you fail to plan, you plan to fail”. When come to a business, it really needs a PLAN – a business proposal. But before the plan, all I have to do is understand the business model. Yes, UNDERSTAND THE BUSINESS MODEL. That’s the reason why I’m doing the reading these few days.
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Google Adwords Learning Center

adwords
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These few days I am busy hanging around the Google Adwords Learning Center.
There are so many topics to cover and I just can’t complete training in one sitting. They offer both multimedia and text lessons which you can choose your preferred learning style. Initially I was choosing the test lessons but later I found that multimedia lessons would make things easier for me.
For some topics, I really read more than once and do my own notes. It is not easy when want to target for the good keywords & Ad Text. That involved lots of brainstorming and patients. And times needed for the monitoring of the results.
Sometimes I need to refer back to the topics when implementing because ideas keeping come out and I need to make sure I follow the right way in the lessons. There is no right or wrong but the results might determine how good your work is.
I think for the few following days I will still hang around the learning center!
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5 Reasons of Affiliates Fail

Reasons
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1) Failure to Prepare
2) Failure to Plan
3) Dependency on Merchants
4) No Site or Poor Site
5) Little or No Traffic

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Education – Powerful Tool

tools
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Still remember our old schooling days? We listened to our teachers and get a tutor to help us passed in the exam. We just too impatient to wait for all the tips to get a distinction in our results.
Now, what do we have? We do not have a teacher there to spoon feed us, we have to work out by ourselves. Does it means that we cannot success in our target? Nope, we still can success in our target or so called “dreams” in our life.. But how?
Yes, EDUCATION!
Back to the old days, we learned ABC, 123.. If we were to success in our field, we got to have knowledge and become expert. When we are totally new in a field and industry, we got to learn from the start from as simple as ABC, 123..
Of course, we can use trial and error method or we can get a mentor to help us. A mentor who is success in the field can always give good advise and guide us towards our path of success. Besides that, we have to do our homeworks as well. Do learn and ask stupid questions so that we fully understand the topic.
Equip ourselves with knowledge all the time and do not give up easily will make us success in our dreams..
“I lost in the jungle, I don’t know what to do?!”
“When you know you are going to a jungle, why don’t you prepare yourself a torchlight and compass?”
“I prepared, but I don’t know how to use?!”
“Why don’t you learn how to use your tools? I’ve give you the best torchlight and compass but without your willingness to learn, the best equipments will become useless.”
So.. if the person were equiped himself with torchlight and compass and know the way of using it, you guess he is successful to come out from the jungle? =)
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New Friend – Teddy Wu

new-friend
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Last friday when I was feeling not so well and about to take MC to rest at home, I get to know this generous guy – Teddy Wu. I really feel lucky I didn’t take MC and went home. If I did so, I will miss the chance of knowing Teddy.

Teddy Wu – an Internet Entrepreneur, A Google Adwords Qualified Professional etc..

I had the chance talking with him for a few minutes and within these few minutes, he was so geneous and patient to talk to me regarding some tips about internet marketing. I really appreciated for his willingness to share.

I also read those free eBook from his website. So sorry I couldn’t share with you all but you got to request from Teddy. It’s free and it helps a lot.

Do drop him a visit and you’ll find that he is really good in internet marketing! =)

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10 Online Advertising Tools

online-advertising
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1) Articles Submission to Article Directories
2) Build an Email List
3) Email Marketing
4) Email Advertising
5) Free Classifieds Ads
6) Pay Per Click Advertising
7) Participate in Forum
8 ) Search Engine Optimization (SEO)
9) Social Bookmarking
10) Website Development

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What is Affiliate Marketing?

Affiliate-Marketing
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Wikipedia
Affiliate marketing is a web-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts.

Streetdirectory
Affiliate marketing refers to the promotion of products or services through affiliates. Affiliates are usually other webmasters and ezine editors who choose to act as sales people on behalf of their principals for a commission on every sale.

Wise Geek
Affiliate Marketing is a revenue sharing venture between a website owner and an online merchant. The website owner will place advertisements on his websites to either help sell the merchant’s products or to send potential customers to the merchant’s website, all in exchange for a share of the profits.

Commission Junction
Affiliate marketing is an online advertising channel in which advertisers (online merchants that sell products or services) pay publishers (independent parties that promote the products or services of an advertiser on their Web site) only for results, such as a visitor making a purchase or filling out a form, rather than paying simply to reach a particular audience. This “pay-for-performance” model is in essence the modern version of the “finders’-fee” model, where individuals who introduce new clients to a business are compensated. The difference in the case of affiliate marketing is that advertisers only pay their publishers when the new client introduction results in a sale or a lead, making it a low-risk, high-reward environment for both parties.

Webopedia
Affiliate marketing is the term used to describe a revenue-sharing plan where an online automated marketing program lets Webmasters place an advertiser’s banner ads or buttons on their own Web site. Webmasters will receive a referral fee or commission from conversions when a customer has clicked the affiliate link and performs the desired action, such as make a purchase or opt-in for downloads or newsletters on the advertiser’s site. Advertisers invest in affiliate programs for lead generation, and, of course, sales.

There are 3 ways to earn money thru Affiliate Marketing: -
1) Pay Per Click – ClixSense (Free Signup)
2) Pay Per Lead
3) Pay Per Sales

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All About Mindset!!!

Fixed_or_Growth_Mindset
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Now I really know .. it’s all about MINDSET!!!

1) Develop A Winning Mind
2) Multiple Streams of Income is Better Than Just One
3) Knowledge is power! Education.. Education.. Education..
4) Aiming for My Own Business Instead of Being An Employee

I must remember this Famous Old Saying: -

“If you fail to plan, then you plan to fail!”

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Review – Ewen Chia’s ebook

Review
4 Comments
Today I read about Ewen Chia’s “How to make your first $1000 online in just 30 days”.. That’s really a good ebook and provide me some useful resources and ideas. I must take note of some of the important things he mentioned. 

First, he mentioned about 9 Money Making Models and it included Affiliate Marketing, Blogging for Profit, Paid Survey Profits etc.

Two Profitable Affiliate Marketing Models: -
1) Pay Per Sales
2) Pay Per Lead

It is very important that having the right mindset because the right mindset can make you, orelse it can break you.

It is also very important to treat your online business like a real business and success is about getting things done.

From here, I know that Affiliate Marketing is a Profitable Online Business, however how to choose a good affiliate program is all depends on your own choice.

For my friends who would like to read about his ebook pls let me know. I would give you a copy for FREE.

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