Why You Are Not An Internet Millionaire Yet?

April 11th, 2008

The internet is filled with websites promising to make you a millionaire in less than 15 minutes. So think for a couple of minutes, if you could really invest $50 in an e-book that will make you a millionaire in 15 minutes, would the e-book really cost $50?

Even if the e-book did cost $50 don’t you think that by now you would have met someone who has actually made millions after buying a $50 e-book? Quickly, off the top of your head, think of 3 people you know or have met online who are millionaires, and have made their money after buying an e-book online.

Now I’m not disputing the fact that you can actually make money online, and no doubt you can make a lot of it, but the internet has been perceived as a get rich quick market that with very little effort and minimum investment will make you excessively rich and you never have to work again. Yeah right!

Think again, making a living on the internet is as hard if not harder that making a living in real life. Now while your financial investment on the internet may be substantially less that a traditional brick and mortar investment, it’s not free.

Your time investment in an online business will most likely far outweigh the time you would put into a brick and mortar business. Your customers never sleep, business does not close at 5, and there are no rules as to which geographical area you need to operate in.

Your success on the internet is relative to the time that you put into an online business. Your efforts don’t just one day come to an end. You don’t wake up one morning and think to yourself “I think I’ll stop working today” and your business continues to function.

While running an online business and working from home does allow you certain luxuries, you still have to work. Some of the most successful online entrepreneurs work every day, and often still post to their forums, and send out their news letters while on holiday.

The point I am trying to make is that having a successful online business requires you to work at it. For example, Google’s Ad Sense program is one of the most successful advertising programs on the internet, and if you get 1000 visitors on your site/s a day and have a 10% CTR the you are getting 100 clicks at an average of $1 you make $100 per day. That does work yes, but how do you get 1000 visitors a day? Do you really think it’s as easy as building a website over a weekend and retiring a month later?

Many people on the internet would have us believe that, and only once we have parted with our money and bought an entire library of e-book and have a great collection of software do we realise that we can’t give up our day jobs just yet.

I have bought every e-book out there, I’ve read them all, they have great sales copy and a very enticing sales pitch, but at the end of the day they simply tell you about a niche that can be used to generate revenue.

You still need to put in the time. The downside is that often we put in the time in the wrong place; we spend way too much time doing the wrong thing. So how do you know you are doing the right thing? Well, here are some guidelines…

There are only a few select areas that will make your online business work:

1. Make sure you have the right product: Do not try and go to market with a product that you a) don’t know backwards, and b) is a shot in the dark. Do your homework, make sure that there is a market for whatever product or service you are planning to offer, Google all you can, find every forum that relates to your product and read, read, read.

2. Build your business: Setup your website, using a developer, templates, Content management system etc, and make sure it is 100% BEFORE going live. There is nothing more off putting than a site that wants $97 for and e-book, but the site looks like a dog’s breakfast. Make sure you have a professional looking site, and test, test, test.

3. Optimize your site: This is the most time consuming process, either pay someone to do it for you properly if you don’t have the time, or make sure you do it right. The last thing you want or need is to be blacklisted from search engines. Get good links, research key words, do proper on page and off page optimization.

4. After sales selling: Once you have customer, make sure that you keep in contact with them. Setup a forum where you can discuss how to use your product, and answer any questions they might have, forums are great for interaction with all your clients at once.

Make sure that your time is mainly spent on these areas. They will have the highest return and help you to become a success on the internet, and remember, it won’t happen over night.

Shawn Jooste is an internet marketing consultant; his website http://www.jooste.org is filled with resources that will help you in your day to day internet marketing efforts.

Article Source: http://EzineArticles.com/?expert=Shawn_Jooste

Make Your Online Advertisments Produce Money Online For You

April 9th, 2008

The success or failure of your internet marketing business depends largely on the Internet users. If they are interested on the products and services that you are offering for sale, definitely you can expect hundreds to thousands of dollars in revenues from your online business. On the other hand, if they are just too lazy to hear what you want to say and what you are offering, better shut down your personal computer unit and find some other ways of earning money.

As an Internet marketer, you do not want the second scenario to happen to your Internet marketing career. To be the “exception to the rule”, you must attract more web visitors to your site and turn them into long-term clients and build a loyal clientele base. Once you have satisfied such requirements, expect that there is something in return—positive returns, to be specific.

How will you say to Internet users that you need them to keep your online business alive? In fact, you need not to tell them straight to the point that you badly need them. All you need is a clever mind and some online advertising to get them without making them realize that you badly need them.

There are various online advertising methods on the Internet and each method has their product that works better on specific industries. There are huge numbers of individuals and companies operating online who wants to advertise what they have to offer, and there are also huge numbers of individuals and companies on the Internet who are willing to provide some advertising spaces.

However, considering that the online advertising market is quite large, it will be inefficient for the advertisers as well as the providers of these online advertising spaces to individually meet and talk about the terms of conditions of advertising.

The individual or company who wish to advertise will certainly contact an online-based advertising company that are willing to provide the space that the advertiser needs as well as distribute their advertisements to different venues on the Internet at the same time.

The more benefits are now towards the online advertising firm. And you are considering an online advertising business.

But before you go, there are several things you need to consider first.

Start to gather a collection of websites or online companies that are willing to place advertisements on their sites. Select sites that are getting high web traffic every month. Once you have gathered advertising site venues, you may now start soliciting advertising clients. These advertisers will pay a certain amount of money that will commensurate with the exposure of their products or services on your advertising site venues.

For instance, if you have contracted with 20 websites that are receiving an average of 200,000 web visitors every month, you can sell as much as 2,000,000 advertising exposures every month on each advertiser. In case that you have negotiated around 20 advertising venues on each website, you can sell an equivalent of 20 advertising clients with 2,000,000 advertising exposures every month. If an advertiser only pays for 1,000,000 advertising exposures, you can still sell the remaining 1,000,000 advertising exposures for a total of 11 advertising clients.

Now, what are the types of online advertising that you can offer? Here are some of the offerings that you can sell to individuals or companies who wish to advertise their products or services on the Internet.

- Banner ads- these ads are typically pictorial ads that are commonly viewed on high-traffic sites and includes a hyperlink back to the advertiser’s own site. These are priced according to the number of ads shown. For instance, banner ads can be sold in lots of 250,000 impressions each.

- Sponsorship ads- these ads are commonly larger than banner ads, which sometimes contain considerable amount of text. These are typically placed on high-traffic areas such as ezines or online newsletters.  It is priced according to the number of readers of the newsletter or publication in which the ad is placed.

- pay per click (PPC) ads- these ads are priced according to the number of clicks generated through site visitors, These are commonly text ads, though there are PPC ads that are pictorial-based.

Starting your own online advertising business is another opportunity of earning more money on the Internet marketing industry.

Adsense Internet Millionaires

March 26th, 2008

You can really become an Internet Millionaire with Adsense. Google Adsense has the potential of making you an Internet Millionaire if you have a good web site or a blog. Google Adsense is a Program that is powered by Google. When you sign up for this program, you will have access and opportunity to advertise Google ads on your web site just like I have on this site. When visitors to your web site click on this ad, you will be paid some little amount of money. Its all about numbers, for this program to make you a millionaire, you web site will have numerous visitors. The more the visitors that visit your site, the more the potential of making money with this program also increases.

Getting Started with AdSense:
To get started with AdSense, you need a Google AdSense Account. You can apply for it Free from Google.

Getting Paid:
Getting payment from AdSebse is simple too. Once your AdSense Account reach $100.00 or more, AdSense will sent you a check or a direct bank payment by the end of the month.

AdSense Maintenance:
You do not need to worry about what Ads will appear on your site because it is controlled by AdSense. AdSense Ads will show relevant Ads according to your contents.

Kevin Rose Digg.com Adsense Internet Millionaire current worth over $31 Million

Digg.Com is counted among the top 100 web site world wide, beating New York Times. Digg.Com was started as experiment by four of its founders Kevin Rose, Ron Gorodetzky, Owen Byrne and Jay Adelson and was introduced to the world on December 5, 2004. Digg is the soul idea of Kevin Rose.

Kevin Rose was working at TevhTV for hosting “The Screen Savers”. At this time he came in contact with many big personalities.

One day Kevin got a change, an interview with Steve Wozniak, founder of Apple Computer Inc., where he recalled Apple’s good old garage days. Kevin felt jealous, and wanted to put his own name in the history of Valley as we all do. He returned to his fiver person Santa Monica House, and like other nights he placed himself in front of computer. But this night was special. He was searching for the unearthed news, and found most of them clueless. Kevin was thinking. Suddenly these eureka lines came to him – “Oh My God! I could do this SO MUCH BETTER THAN THESE ALL.” That was the time world was about to know the word DIGG.

Kevin flourished his idea with his girlfriend and some friends - they all said it was great. In August he withdrew one-tenth of his life savings $1000 and hired a freelance at a price of $12 per hour for designing the web page. He booked server space for $90 a month. He wanted to have the domain name Dig.Com, but it was taken by Disney. He also offered a sum of $500 to the owners of DigDig.com and finally paying $1200 he acquired the domain name Digg.Com. This shows the importance of domain name.

The actual work on Digg.com stared in October 2004 and the site came to existence on December 5, 2004. Kevin took Digg.com as side project. So far he never dreamed of the unbelievable popularity of Digg.com. Kevin wanted to give the power to the masses; he wanted from the people that they would decided what others should read. It was the first time in internet history allowing anyone to decide what he / she believes the most important topic of the day. This was totally new concept. The traffic to his site was ok so far.

It was the month of February 2005 (or March beginning), the mobile phone of the renowned celebrity Paris Hilton was hacked. Late night some one posted the story with his cell-phone picture and data stolen to digg.com. Next day when Kevin got up, he found his site at the top page of Google and Yahoo!. Everyone was searching for “paris hilton cell phone hacked” and his site was getting crawled by hundred of thousands of surfers. After 3 or 4 months digg.com got around 14000 registered users. Since then Digg.com never look back.

At present Digg.Com has over 1 Million registered users and the number is counting double every three months. Around 4000 stories are submitted to Digg.Com and it has become among the top 100 most sites in the world, beating New York Times (according to Alexa - today placed at 90).

Markus Frind Plenty Of Fish Adsense Internet Millionaire May Be Worth $1 Billion

Markus Frind is a Canadian internet entrepreneur who owns PlentyofFish.com, the world’s largest online dating web site. According to reports in October 2007, he earned around $30,000 a day in revenue and over 1 billion page views a month is still incredible. In 2003 he was making $40 a day from Adsense so there is hope for us all.

His annual income from Plenty of Fish.com alone is currently over $10 million a year.

What is fascinating is that Markus Frind is a one-man show working from his flat. He virtually ran Plenty of Fish by himself, along with help from his girlfriend and other voluntary moderators.

This is however, set to change as Markus has employed one person and plans to gradually develop a team of 20 to 30 employees lets watch this space.

Do you want to be part of the fast our growing Social Network for up and coming Internet Millionaires ?

Here at Are You The Next Internet Millionaire you can join the Millionaire Social Network for free.

Making Money Online

March 26th, 2008

These days everyone wants to make money online, people often create a website, do some promotions, and then wonder why there is no treasure chest at the end of the rainbow. Having a website is not enough to make money, you will need to find a way of turning those visitors into a revenue stream. We have compiled all of the most popular and powerful money making opportunities that every website owner should consider. Markus Frind of Plenty Of Fish made his first Million using Adsense as sid the boys at Digg whilst Alex Tew and his Million Dollar Homepage used pure direct advertising space. So eyes forward, pay attention, and decide which money making method is best for your website. Making Money Online gives you life!

Advertising Programs - By far the easiest way to make money from website’s is using advertising programs, simply paste a piece of code and you will have relevant adverts displayed on your website. Everyday there are new advertising program’s boasting the new way to make more money than you can imagine. These are the programs that should never stop making you money! Google Adsense, Text-Link-Ads , Bidvertiser, AzoogleAds, TNX, WidgetBucks, Chitika and YPN.

Affiliate Programs - Sell other peoples Books, Products, Services and receive a share of every sale you make. You receive a special url which allows you to see the amount of sales you make through sending x amount of people. I like to use affiliate links in my website and articles because i can receive up to a 75% commission on a product i had nothing to do with creating. There are large directory’s full of affiliate programs you can use on your website, such as Amazon, Clickbank and Commission Junction.

Website Sponsors - Selling advertising space on your website can be a good way to monetize your site, providing a lot of alternative advertising techniques, Text Links, Banner Adverts, Sponsored Links and Text Ads. Check out our website sponsors page!

Drop shipping - Is when a manufacturer or distributor allows you to sell there products for commission, they handle the packaging and delivery and you handle the sales. This has the same principles of affiliate programs but for a physical product. You do not have to hold any inventory, everything is supplied from by the suppliers and you can have as many suppliers as you like. You can find drop shipping suppliers here…

Paid Posting and Sponsored Reviews - In the last year paid posting has really kicked off, a very easy way for established website’s to double, triple, or even quadruple there monthly revenue on some website’s! Ranging in price from $100 - $1000 for a 300 review of there website posted on your blog, sure seems like a very easy way to boost earnings. Apart from promoting this service to your visitors, ReviewMe, LoudLaunch and Pay Per Post will take care of handle all the sales, invoicing, and customer service for a 50/50 share and at the end of the month you receive the money earned check or PayPal.

Membership Sites - Instead of providing content for free, restrict the access to paying customers only. Membership sites can be very profitable, for example you have 100 pages on “How to be a lady’s man”, you charge $37 a month and in the first month you receive 100 sign ups, your already making $3700/month! Now if you offer related website’s a 50% commission for anyone they refer to your site and they send 1000 people which sign up. you now making a extra $18,500 a month! For creating a membership site, i highly recommend MemberGate.

Ebooks, Courses, Teaching - Building website’s to promote your Ebooks and Courses can be a great way increase sales dramatically! In fact any major competitor in any niche, has brought out there own ebook or course which you apparently can live with out. The net gives people hope and that’s why “How to” products sale like crazy. Some products sell so fast and with so little work that there payment gateways have actually crashed because of to many sales! Other Eteaching products consist of, Teleseminar’s, Master Minds, Work Shops and Webinar’s.

Merchandise - I see alot of website’s with younger audience’s trying to promote merchandise, such as Miniclips. There website’s promote merchandise affiliate schemes such as SpreadShirt and CafePress.

Service’s - Promote your services through your website, for example, i have a health blog and my blog writers will promote there services through the blog.

Consulting and Speaking - Websites help you create a following, a reputation and standards. If you are seen a expert in your niche, you could be offered consulting work and speaking at seminar’s, workshops and collage’s.

Flipping Website’s - For someone with money it can be a really fast way to make $1000’s profit. Lately you would have seen the buying and selling of websites become very competitive on webmaster marketplace forums such as Sitepoint and DigitalPoint. With story’s of websites bought for $2000 and flipped for $20,000 a couple months later, it sure is something to look at. Job Boards -

Donations - Tend to work well on Blogs where they know the owner and know they deserve it. Bloggers ask there readers to buy there lunch or buy them a pint or beer, donations can generate up to 10% of a websites revenue when executed properly.

Payment Gateways - Online there are 100’s of ways to pay for products, advertising and services. Its always best to use the most common payment options to prevent any problems, they are Paypal, Western Union, Google Checkout and 2Checkout.

Website’s, Blog’s or Forums? When starting a website a lot of people don’t know whether to build a stand alone website, blog or forum. Below i have created a chart with the pro’s and con’s for making money online.

Do you want to be part of the fast our growing Social Network for up and coming Internet Millionaires ?

Here at Are You The Next Internet Millionaire you can join the Millionaire Social Network for free.

The Next Internet Millionaire - Reality Show

March 26th, 2008

The Next Internet Millionaire Reality Show is here

Joe The Next Internet Millionaire’s first episode is available, and if you are interested in Internet Marketing, or if you like reality TV, especially “The Apprentice”, then I think you should check it out.

Personally, I’m not a big fan of reality TV, but I really liked the show. Although there wasn’t much of an introduction to the contestants, they were all very likable, and I didn’t really have a favorite. At least not yet.

One thing that was missing from the show, and I hope it stays MIA, is the childish clicks that form on most shows. I thought that all of the contestants were very nice to each other, and no one was calling anyone names.

The contestants were given a presentation about Simpleology from Mark Joyner, and then they had to design a web site for it. The teams only had 2 hours, so they didn’t have to code the site, it was just on paper. They also had to give a presentation to “sell” their ideas.

The show still had the normal “features” of most reality shows, contestants compete, losers get eliminated, and someone can earn “immunity”. The one thing that I really liked, is that those “targeted for elimination” go to the “sandbox”. Joel didn’t give the details, but he said that they can redeem themselves and get back in the competition.

I always hate it when someone is really good, or hasn’t had a chance to show their talents, and they get eliminated the first episode. Or when someone gets stabbed in the back, and never has a chance for revenge.

The immunity that the contestants can earn is sponsored by “Hacker Safe“, which I thought was a really good idea, especially since it is a web only show.

Joel Comm is much more likable than Donald Trump. I don’t think that anyone took offense to any of his criticism.

JoelComm.com

Joel Comm is an Internet entrepreneur who has been online for over 20 years. In 1995, Joel launched WorldVillage.com, a family-friendly portal to the web which enjoys thousands of visitors each day. Joel is the co-creator of ClassicGames.com, which was acquired by Yahoo! in 1997, and now goes by the name Yahoo! Games. Since then, Joel’s company, InfoMedia, Inc., has launched dozens of web sites which offer online shopping, free stuff, website reviews and more. Joel is the author of many popular books, including the NY Times Best-Seller, The AdSense Code. He regularly makes appearances at Internet marketing conferences and seminars. www.joelcomm.com