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Is Pay-Per-Click An Effective Marketing Tool?

| Posted in Internet Marketing |

2

I will just come out and say it. Pay-per-click is the most frustrating, pointless, bone-headed form of internet marketing known to man. Most websites use at least some pay-per-click to attract traffic to their site. Other sites use nothing but pay-per-click to attract traffic to their site. I, on the other hand, detest it. I hate paying for clicks and I have modified my internet marketing strategy accordingly.

What is pay-per-click (PPC), you ask? Well, go to Google, and then type in a keyword or phrase that you want to search for. Then, at the top of the search results, you will see a section for what is called sponsored links or sponsored results. These sponsored links are paying a certain cost per click to be listed in this special section at the top of the listings. Each one of these websites pays a certain fee to Google each time someone clicks through to their site. 

Each website that uses PPC has to place a bid on how much they are willing to spend per click for a certain keyword. The highest bidder is placed in the number one position, the second highest bidder is placed in the number two position, and so forth. Also, each bidder specifies how much they are willing to spend per day. Once their daily budget has been exhausted, the clicks stop until more money is added to the account.

Google is not the only search engine that has a PPC service available. Overture also has a service, as does Miva, and several others. Each service is tied to different search engines. If you go with Google, your website will be listed on Google, AOL Search, and Ask Jeeves. If you sign up for Overture, you will be listed on engines such as Yahoo, MSN, Netscape, and several others. Miva is tied to approximately 6 different search engines.

The costs are expensive, especially if you are bidding on a highly sought after keyword or phrase. Keywords related to auto insurance, or mortgage quotes, can cost anywhere between $1 – $20 per click or even more if you want to be ranked in the top position. If the keyword you want to advertise for is not too popular, the click costs will be much less. Usually, doing pay-per-click will boost your Google PageRank by 1 (PageRank is scored on a scale of 1 to 10), but it certainly has never actually helped me get anywhere near the first page of Google.

It is possible to spend thousands dollars on clicks and make zero sales of the product or service you are selling. Conversion rates are usually 1%-3%, meaning that only 1%-3% of the people who come to your website will actually order what you are selling. So, you need to take that into account when developing your marketing strategy.

The problem with PPC advertising is that most people using a search engine are only looking for information, and are not planning on buying any products or services. So, you can spend tons of money to get clicks, but you will likely only convert 1% – 3% of those clicks into sales, and sometimes you will get absolutely zero sales.

I am not saying that the search engines do not bring business to your site. They absolutely do. That is why it is good to achieve a high ranking on the search engines within the free part of the listings. Even though you will still only convert a small fraction of your visitors into paying customers, at least you are not wasting money on every single click. So, getting to the top of the search engine listings without having to pay for each click is paramount for your online business.

PPC advertising is not necessarily inappropriate for every online business. If you are selling an expensive item ($100 or more), you can turn a profit as long as your per-click costs are somewhat modest. But generally speaking, you will spend more than you will make.

The only time PPC is truly helpful is for businesses that sell a service where a recurring fee is involved. For example, dating websites charge their customers a recurring monthly fee to be a member of their site. So, if you own an online dating service, it makes sense to use PPC and not worry about losing money on attracting new customers, because if they stay members for the second month, you will be able to charge them again, thus making your website profitable. If they stay members for a year or more, then you really come out ahead.

You need to have a lot of cash to burn in order to compete with the bigger businesses who are spending thousands of dollars per month for their clicks. If you are operating a small business, you need to diversify your Internet Marketing efforts by optimizing your website and increasing your link popularity so you can climb to the top of the search engines without having to pay for every click you receive.

Also, you should consider having an affiliate program so that other websites will promote your business for free as long as you pay them a commission for any referrals they produce. The best way to approach internet marketing is to use several different methods that when put together result in an optimal cost situation for your business and attract a significant amount of targeted traffic to your website. 

Exercise Equipment

| Posted in Random |

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There are tons of places offering a variety of exercise equipment for sale. On top of the bricks and mortar businesses, there are hundreds, if not thousands, of websites offering discounted exercise equipment. Are you buying the right kind of exercise equipment? NordicTrack has the perfect kind of equipment to get you in shape quickly and efficiently. Want more information? Visit the Nordic Track website today get find what woks best for you.

Starting A Consultant Business

| Posted in Marketing and Advertising |

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If you are tired of working for someone else, why not start a consulting business and get paid more for the same skills your boss pays you for now. Starting a business is definitely not for everyone, but if you have the courage, the rewards are great.

Before you take the leap into full time consulting it is best to straddle between your full time job and your new part-time consulting business until you feel you are able to stand on your own. It is almost always best to ease into your new business rather than starting from a standing start. Unfortunately, some people due to an abrupt job loss don’t have a choice. It will usually take at least 6 months to start seeing any decent volume of business.

One thing you should do before you start your new consulting business is to be sure you have at least 6 months of savings to cover your living expenses. There is nothing worse when starting a new business than having this month’s bills hanging over your head already. 

The decision on whether to work from home or to get an office is another decision most new consultants struggle with. Most people feel they need to have an office out of the house to feel more productive. Also, working from home can lead to many distractions, and might make you feel less than professional.

One big advantage of working from home, is that you don’t have to pay any overhead when you are first starting out which can be a big savings for early struggling businesses. Don’t let your ego get in the way of this decision. Some people stereotype working from home as lazy, but some people have managed to run million dollar consultant businesses from the comfort of their homes.

Another advantage of working from home is that all space and equipment used for business can be tax deductible.

Once you make the firm commitment to start your business you must make sure it is legally structured. You can do this online or find an attorney. By consulting an attorney you can find what type of business structure will work best for you (LLC, C corporation, etc.)

Another great reason to ease into consulting is that most of your business will come by word of mouth and networking. While still working full time start to identify and become familiar with people you think can lead you to many contacts to help get your business started.

By easing into your new consulting business you can set yourself up for success. Give yourself time and lots of confidence and you will succeed.

Resources on Starting A Consultant Business

Consulting Services, Charging More | Business Consulting Buzz – There is one very simple, straightforward and easy way to make more money from consulting. You only need to raise your rates. Some find the idea horrific.

Consultant Proposals | Business Consulting Buzz – As a business or marketing consultant, you have a core area of expertise. The field you focus on, and the skills and experience that set you apart from the.

SEO Consultant: 10 Steps to Testing the Viability of Your Online … – Creating info products or a membership site? What are your longer term goals to develop this idea into a business? The best way to harness all the info that you’ve collected thus far is to create a business plan. …

7 Reasons Not To Start An MLM Business

| Posted in Business and Management |

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Network marketing, or “MLM” can be a great way to earn everything from a small additional income to a generous full time living. However, many people join network marketing opportunities without really knowing what they are getting themselves in to. This is probably one of the biggest reasons for the fact that some people have very low thoughts about this type of business. MLM works if you do it right. Period. That said, here are seven really poor reasons for enrolling in a network marketing opportunity:

1) Earning “easy money”

I know – the MLM-companies are very good a promoting their business as a simple 1-2-3 process that anyone can do and become an instant millionaire. Especially online it has almost become a standard to use super long and totally over hyped sales letters. This is the equivalent of claiming that anyone who can open a can of beans can be a master chef. Don’t get me wrong, I do think most people CAN make it in MLM if they put their minds to it. But you must be prepared to learn many new things and you WILL have to work for it. Make no mistake about that!

2) Expecting that “spill over” will do all the work

Many MLM opportunities are built on what’s called a “forced matrix”. For example, in a 3×9 matrix, when you have sponsored your three first new members, the fourth will be placed under the first person you sponsored. This person has thus gained one person in HIS downline, without any effort on his part. Now, some companies would have you believe that their top recruiters are so effective that the spill over from their marketing will automatically make you, who are joining at the very bottom right now, an instant success.

This is simply a pipe dream – it will never happen. Yes, you probably will get a few people spilled over into your downline, but nowhere near enough to guarantee your success. The sheer width of the matrix on your level, means that there is an enormous amount of representatives that will have to shear any amount of spill over. And who says the top recruiters are as active as they once where anyway? Worst case scenario, they are now working on something else entirely, because their income in this particular opportunity is already secured.

3) Thinking that a product is so great it will sell itself

This is a classic mistake, because most MLM systems simply aren’t really about the product. This fact is difficult to swallow, I know. As a greenhorn I remember joining this lottery syndicate-mlm, thinking that “everybody” would want better chances at winning the lottery – right? The disappointment was huge when I discovered the truth – some people even made fun of any attempt to mention this great new thing I had discovered.

Likewise, in MLM, it will not matter if you are selling a breakthrough product that contains every mineral and vitamin under the sun – if you do not understand what network marketing is really all about.

4) Doing an old friend a favor

We have all been there – an old friend you haven’t met for years who suddenly calls you and want to set up a meeting about something he will tell you more about when you meet. I’m not saying that this couldn’t be a potentially good business. But calling all your friends is a very ineffective way to do MLM, and you should never join any opportunity only to do someone else a favor. Because in the end this is about you, your money and your career.

5) Earning a lot of money in a short period of time

Most MLM testimonials always seem to go something like this:

- In my first month I made $800 and now, in my third month, I have been able to quit my job and…etc.

While not outright lies, testimonials like these are usually collected from individuals who, through luck or skill, managed to join this particular opportunity from the very beginning. They are simply at the top of the pyramid and they often know exactly what they are doing – they’re the MLM experts. Like most offerings, MLM opportunities have a life cycle that grows rapidly in the beginning.

During this phase of explosive growth it can be very easy to sponsor dozens of new people per day, with relatively little effort. After all, this is something entirely new and one well placed ad can do wonders. However, if you join after this initial explosion, it is much more difficult to see quick results and it requires more effort to attract new people into the business. Patience, knowledge and the right strategy is required to succeed here.

6) Big name X endorses this program

This is somewhat related to the previous point. Mr. Big Hitter has made thousands of dollars with this opportunity already and he is not shy about telling anyone how EASY it was. And he’s probably not lying either. It was easy – for him. Because, like noted above, he probably got involved in this opportunity long before it was launched to the general public, because he already knows all the right people. He (or she), also know their stuff, and have the resources (large email lists, advanced Internet marketing tools etc.) to quickly and efficiently let the word out to a large number of people.

If you are relatively new to this game, it is a very bad idea indeed to assume that you instantly could pull off feats worthy of a network marketing guru. Would you compare your golfing abilities to those of Tiger Woods? I didn’t think so.

7) Having the idea that your opportunity will be zero cost.

I’m not talking about the membership fee of your MLM opportunity here, because that is a given. But many people falsely believe that they can market entirely for free using the Internet. While it’s true that there are some effective low cost Internet marketing techniques you can use, you should never fool yourself into believing that Internet marketing will be a no cost affair. Moreover, the online competition is usually quite fierce.

To summarize, MLM can offer an exciting new way to earn money. But your motivation for joining a MLM business shouldn’t be based on one of the misconceptions mentioned above.

Resources On MLM

Knowledge About Ways To Make Money From Home

| Posted in Business and Management, Internet Marketing |

2

Sincerely speaking, you do not require any special knowledge or technical skill to make money online. It is so easy because you do not have to create your own product. It is no longer a secret these days as everyone around the internet world seem to have got the hang of the very tips and techniques to make some good fast cash online. It is easy to make money online but not too easy. It definitely requires a lot of time and effort but still many people associate money made online with easy money.

But making money online is largely about taking quick action. It is as a result of your own actions but honestly, the thing that stops most people from making money on the internet is that they simply do not know where to start and how it works. However, many people believe making money on the internet does not require special knowledge. You do not need HTML skills nor be a programmer to make money. But then, it is quite easy to make money online if you have the right information from someone who has been there. It can be very confusing without proper guidance.

Nevertheless, there are many ways to make money on the internet and so there are more than one successful business models to follow. Starting your own successful online business does not have to be hard especially if you know the different and most profitable ways you can start making money online. Like i said, the key is knowing how and where to start. Without the right starting point you will waste precious time and a lot of money. There are quite a few factors why making money online is easy.

You make money by providing customers their solution in the form of information. Compared to a formal business, doing business on the web does not cost a lot of money. Making money on the internet is no more a secret these days as everyone around the internet world seem to have the very tips and techniques to make some quick cash online. With the overall world economy falling, still there is always money to be earned online by anyone willing to work for it and the process is amazingly simple.

Moreover, it is easy to make money from home online but making really good money on a consistent basis takes dedication, strategy and effort. It is rife with peril and becomes a full time job to avoid the pitfalls associated with online business. To make real money over the internet the best way is to do online marketing and to make real money on internet is to support online marketing of products.

Actually, more folk are seeing that products are almost all of the time cheaper online. Depending on what topic or niche you decide to build a web site about there may be affiliate products or programs you can join and promote on your site for commissions. Get your very own web store and advertise your products. You can use search engines like Google, Yahoo to make money selling products to customers at retail prices. So to make real money on internet is to support online marketing of products but choosing the right products to market is quite difficult. The main thing is finding the best products and selling to the buyers what they are starving to buy without any guesswork.

You definitely do not have to know how to build a website and you do not have to have any marketing skills to make money online. There are plenty of places to gain legitimate links from such as social bookmarking, web directories, article marketing and web 2. In order to make real money on the field of online marketing one has to choose the right track. Some of the most popular ones are business opportunities, affiliate marketing, network marketing, niche marketing, creating your own e-book etc. They are usually categorized as internet marketing.

Surely, you need to know the basics of online marketing and promotion. A great and good places to start is internet marketing forums and articles. You also need to have a resource to help you continue to learn and move with the ever growing internet marketing industry. Indeed successful web site requires good design, useful content, proper description and keywords in meta tags, registration with major search engines and marketing. There are various methods to make money from online business including affiliate marketing.

It is actually a method to promote online commerce of an existing business where an affiliate gets reward by making subscribers or customers for the business being promoted.

Honestly, one of the first secrets to making money online is choosing the right products and making the right contacts. These can be the difference between you continuing to try to bank a few hundred dollars a week to a whopping amount of money that no successful corporation could ever imagine paying you as a salary.

Resource To Make Money From Home

Best CPA Network » Blog Archive » Work From Home Jobs Make 12000 … – Make Money Online MySpace I was doing pretty well for myself working online completely from home until Your ideas for using funny to make money on eBay are nothing Unlocking MySpace – The #1 funny Info Product on the Net! …

Making money from home income oppurtunities | BE Folks – Making money from home income opportunities. I have not posted anything in Make money online category so far and i like to start the series from this article. …

Make Money Blogging: Is Your Relationship a Help or a Hindrance to … – Here I want to focus on how an “emotionally dirty” home life affects your ability to make money blogging. The first thing you must do if you want to make money blogging is to treat it like a business, right? …