Sunday, December 31, 2006

11 Powerful Marketing Tips for Your Home-Based Business

I always enjoy reading about various marketing tips that can help me become more successful with my home-based business. Here is a great one by Bob Leduc.

P.S. To save years of failure and frustration as you look to create additional income from home. click here to download your free ebook, Success in 10 Steps http://www.mentormonique.successin10steps.com

11 Powerful Marketing Tips
by: Bob Leduc

Each of these 11 marketing tips is based on a marketing strategy or tactic proven to boost sales. How many are you using?

Tip 1: Your customers buy your product or service to feel a certain way after their purchase. Keep this in mind as you develop your ads, web pages and other sales tools. Use vivid word pictures to dramatize the pleasant feelings your customers experience when they use what you are selling. It intensifies their desire to have it and motivates them to buy now.

Tip 2: Continually test new advertising and marketing methods ..and old methods you never tried before. A good guideline to follow is to allocate 80 percent of your budget to proven promotions and 20 percent to testing new things. Most businesses using this formula keep growing regardless of changing market conditions and intense competition.

Tip 3: Reduce the size of your ads so you can run more ads for the same cost. Don't be surprised if your short ads generate a higher response than long ads - giving you a bigger return for your expense. One of the most effective ads I ever used was only 11 words.

Tip 4: Print your best small ad on a postcard and mail it to prospects in your targeted market. People read postcards when the message is brief. A small ad on a postcard can drive a high volume of traffic to your web site and generate a flood of sales leads for a very small cost.

Tip 5: Active, stimulating words and phrases keep prospects interested in reading your sales copy. Look for dull passive words and phrases and replace them with active ones. For example, change a phrase like "...it's practical and inexpensive" to "...it's fast, easy and you save $99".

Tip 6: After telling prospects what they gain when they buy your product or service, tell them what they lose if they do not buy it. Most people fear loss more than they desire gain. Customers want your product or service so they can enjoy the benefits it provides. But they will want it even more if you remind them of what they lose by not buying it.

Tip 7: You can eliminate any last minute hesitation prospective customers may have by announcing a pleasant surprise near the end of every selling procedure. For example, add an unexpected bonus to each transaction immediately before the final action that completes the sale.

Tip 8: You can boost your total sales volume and your average size sale at the same time by combining 2 or more related products or services into a Special Combination Package. Set the price lower than the cost of buying each item separately. This "special deal" will motivate both procrastinators and bargain hunters to buy now.

Tip 9: You always need to find new customers. But don't overlook the sales you can easily get from your existing customers. It's easier to get more business from them than it is to get any business from new prospects. Follow up with your existing customers to get more sales of the same product or to offer them additional products and services.

Tip 10: How would you react if you got a personal "thank you" from a business several days after you spent money with them? You'd feel good and probably want to do more business with them. Give that same feeling to your customers. They will reward you with more business - and a flood of referrals.

Tip 11: Convert your customers into publicity agents. Develop an incentive for them to tell associates and friends about the value of your products or services. An endorsement from them can produce sales you would never get with any amount of advertising.

How many of these 11 marketing tactics are you using? How many have you overlooked? You are losing sales if you don't use all of them.
Copyright 2004 Bob Leduc

http://BobLeduc.com
About The Author
Bob Leduc spent 20 years helping businesses like yours find new customers and increase sales. He just released a New Edition of his manual, How To Build Your Small Business Fast With Simple Postcards ...and launched *BizTips from Bob*, a newsletter to help small businesses grow and prosper. You'll find his low-cost marketing methods at: http://BobLeduc.com or call: 702-658-1707 After 10 AM Pacific Time/Las Vegas, NV

Wednesday, December 27, 2006

11 MONSTROUS Small Business Marketing Mistakes and How To Avoid Them

If you are like me, you want to make sure that you are not making advertising mistakes with your home-based business. I found this great article by Susan Carter and thought I'd share it with you.


P.S. To save years of failure and frustration as you look to create additional income from home. click here to download your free ebook, Success in 10 Steps http://www.mentormonique.successin10steps.com


11 MONSTROUS Small Business Marketing Mistakes and How To Avoid Them
by: Susan Carter

MONSTROUS Marketing Mistake Number 1: Sinking a Fortune Into an Unproven Product
Is your business idea built on market research or a hunch?

Entrepreneurs often fall in love with their products or services before they determine if there’s a real market, and they throw fistfuls of money into the venture. If you, your spouse, your uncle, and your neighbor think you’ve got a winning idea, that’s simply not enough qualified input to run to the bank and drain your savings account!

Avoid this mistake by:
  • Conducting your detective work (research).
  • Testing your business idea with the real marketplace.
MONSTROUS Marketing Mistake Number 2: Believing That “If You Build It, They Will Come”
Do you think you have a product or service that will practically sell itself?
Trust me — you don’t.

There is a misconception among small business owners that, with the right product or service, your customers will simply “find” you when you open your doors for business. Whether you have a physical storefront on a corner lot in the busiest part of downtown, or a graphically pleasing online storefront offering easy access to your hot products and services, your customers will not find you if you do not market to them.

The day you open for business is the day you put on your “marketer’s hat” and never take it off. You must consistently move product, or schedule service time.

To stay in business you must profit.

To profit you must sell.

To sell you must market.

The good news is that, with a marketing strategy, you take the control out of your potential customers’ hands and put it into your own. If you have a product that will “practically sell itself,” then your marketing job will be easy. Just remember that the job must still be done.

Avoid this mistake by:
  • Defining your niche market and USP (Unique Selling Proposition) that differentiates you from your competition.
  • Developing a marketing action plan and strategy to reach your niche market with your USP message.
MONSTROUS Marketing Mistake Number 3: Trying to Reinvent the Wheel

Marketing is an age-old practice with some very basic principles. Yet, I’m sure you’ve read many marketing information products that stress the importance of being innovative and creative with your marketing efforts. It’s easy to get caught up in the innovation process and forget that the REAL focus should be on results.

Avoid this mistake by:
  • Emulating success instead of trying to create something completely new. Please note that I am not saying, “copy” what others are doing. Look at the basic structure of a tactic, campaign, advertisement, or event and use the same formula as a basis for developing your own tactics.
  • Realizing great marketing ideas are used over and over again with just the right twist to make them fit a specific business. Focus on results, and choose imitation over innovation to create your own twist on a proven, winning technique.
MONSTROUS Marketing Mistake Number 4: Over-Preparing and Doing Nothing

The fear of failure can be powerful. So powerful that we do everything we can think of to prevent it. Yet, there is a point at which we are so busy preparing, organizing, and researching to prevent failure that we never get around to the actual marketing of the business. Here are two things to remember:
  1. Activity is not productivity.
  2. In order to sell a million of something, you have to sell the first ONE.
Avoid this mistake by:
  • Doing something! If you believe in your business and have done your detective work, it’s time to dive into the marketing pool. Start small, track results and build from there.
  • Not being afraid to make a mistake. Mistakes are the entry to success. At the very least, a failed promotion means you have SUCCESSFULLY determined what promotion does not work. And, to learn what does NOT work is a valuable tool in getting you closer to discovering what WILL work.
So, go ahead. Fail a little. It will make your eventual successes even sweeter.

MONSTROUS Marketing Mistake Number 5: Boredom

When I was working for an ad agency many years ago, I had one client that was running an extremely successful ad campaign. After about six months, I received a phone call from the client. He wanted to develop an entirely new campaign. When I asked, “why?” he simply said, “I’m bored with the one we have.”

What?

That client may have had the money to spend on a new campaign due to “boredom” but you and I usually don’t. Yet, I’ve often seen my small business clients switch promotions for the same reason.

This is detrimental to your business!

“Losing money” is a reason.


“Boredom” is not.

Avoid this mistake by:
  • Remembering that, what is old to you, is new to an untapped target market. If you have a promotion that is consistently getting you results, stick with it until results show you its time for change.
  • Testing new promotions without abandoning the current one. Then track results. Never swap a current promotion with a new one that hasn't been tested.
MONSTROUS Marketing Mistake Number 6: Relying on Networking to Generate Sales Leads

Joining the Chamber of Commerce and schmoozing at association meetings can put you in contact with vendors and possible joint venture partners, and will be invaluable exposure for you as a community supporter – but it will rarely generate substantial sales leads.

Everyone else who attends these “meet and greet” assemblies is there to do the same thing you are. You may be able to make some valuable contacts for future ventures and promotions, but one-on-one networking is time-consuming and results are unpredictable.

Avoid this mistake by:
  • Treating networking opportunities the same as any other marketing tactic. Track results by determining your costs and measuring your payback.
MONSTROUS Marketing Mistake Number 7: Doing What Your Competitors Do

It’s important to be aware of what your competitors are offering, but do not let it dictate the strategy you use for your own business.

If your competitor wants to be the low price leader, let him. Don’t try to become the “lower price” leader. Chances are this will lead you to financial problems because it will thrust you into an ugly price war.

If your competitor wants to tout low prices, then you focus on value. Bargain hunters don’t necessarily want the lowest price. They want the best VALUE. Make what you have to offer something of value.

Avoid this mistake by:
  • Finding an unmet need or want of your target market, and fill it to differentiate your products and services from your competitors.
  • Giving customers a reason to choose you over your competitors. Define your USP, and identify your niche market.
MONSTROUS Marketing Mistake Number 8: Not Targeting a Specific Market

If you believe your market is “everybody,” you will struggle to attract people who will buy from you. The value of target (niche) marketing is one of the toughest sells I make to my clients. They understand the logic of it, but the “fear of losing a potential customer” gets the best of them.

Avoid this mistake by:
  • Viewing the practice of niche marketing as inclusive, not exclusive.
Think of your business as part of a person’s support group. It’s logical to say, “Everybody needs a support group so my business should attract everyone.” But, will it? People – your customers – want to go to a support business that understands their specific concerns, needs, and wants. Make sure you ARE that business by targeting a niche market.

MONSTROUS Marketing Mistake Number 9: Targeting a Market You Can’t Reach or One That Can’t Afford You

Targeting a niche market is the smartest way to market. Yet, targeting a market that is too specific will limit your ability to succeed long term. For example, a market that might be too specific would be: female pilots under the age of 35 who fly ONLY New York to London flights. That’s a pretty narrow market to sustain your business in the long term unless you can capture the ENTIRE market with a product or service that has a high profit point and customers need to use or replace it often.

In that same vein, a market that is begging for the service or product you have but cannot afford it will also be a business impossible to sustain. Never compete for someone’s rent money. Your target market must have the means to buy your products and services.

Avoid this mistake by:
  • Creating your customer profile to identify characteristics of your potential buyers,
  • Identifying a niche market,
  • Examining the long term potential for new and repeat sales.
MONSTROUS Marketing Mistake Number 10: Focusing On Acquiring New Customers Instead of Promoting to Current or Previous Customers

When you first start a business you have little choice but to focus on gaining new customers. The cost of finding those new customers can be expensive, which is one reason it is so important to really target a specific niche. However, once you've made just one sale, you’re ready to start looking at other marketing options.

Wouldn't you like to:

… slash your marketing costs by half or more?

… reach proven buyers for your service or products?

That little goldmine of proven buyers available to you “on the cheap” is already yours in the form of current and previous customers.

Any respected marketing guru, past or present, online or offline, will tell you that the biggest asset your company has is your customer base.

Avoid this mistake by:
  • Realizing that, when a sale is finalized, it is the beginning of your relationship with that customer, not the end.
  • Offering additional products or services to current customers. If you don’t have your own to offer them, then develop a referral, joint venture or product bundling program so you can reap profits from your already-interested (and buying) customers.
MONSTROUS Marketing Mistake Number 11: Not Systematically Following Up on Leads

The least expensive part of business is making the sale. The most expensive is generating leads – finding the people who are interested in what you have.

Once you find people who express an interest in what you have to offer – whether they buy from you or not – you MUST develop a follow up system that will keep marketing to those interested prospects. A person who has expressed interest in your products and services is far more likely to eventually buy from you than someone who did not respond at all!

Avoid this mistake by:
  • Curbing the tendency to become obsessed with generating more leads until you have exhausted the ones you already have.
  • Developing an easy, systematic follow up for leads, designed to convert a “maybe” into a “yes.”
About The Author
Susan Carter helps business owners “do more with less” to operate and market their small and growing businesses. She is the author of How To Make Your Business Run Without You, and SPLASH Marketing for Overworked Small Business Owners. Carter offers FREE book chapters, and distributes free business-building advice in her twice-monthly ezine, SuccessExpress Press, available at http://www.successideas.com

Tuesday, December 26, 2006

11 Proven Strategies to Increae Profits in Your Home-Based Business

Looking for tips to increase profit with your home-based business's website? If so, here are 11 great tips to help you get an avalanche of orders!

11 Awesome Ways To Attract More Orders
by Hans Peter Oswald

1. Create a free ebook directory on a specific topic at your web site. People will visit your web site to read the free ebooks and may see your product ad.

2. Turn part of your web site into a members only web site. Instead of charging for access, use it as a free bonus for one of your products.

3. Add a free classified ad section to your web site. You could then trade banner ads with other web sites that have free classified ad sections.

4. Create two versions of your e-zine so people can choose if they want ads included with it or not. This'll attract the people who hate ads to subscribe.

5. Publish your e-zine only on your web site. Have people subscribe to a "new issue" e-mail reminder. This could really increase your traffic and sales.

6. Sell advertising space in your product package. You could sell inserts, flyers, brochures, booklets, and digital ads for electronic products.

7. Offer daily or weekly visitor bonuses. This will increase your repeat traffic and sales because your visitors will visit regularly to get the visitor bonuses.

8. Allow people to download software or e-books from your web site at no cost. Just ask your visitors in return if they'll refer their friends to your web site.

9. Build up the number of people that join your free affiliate program quickly by temporally offering your product for free to the people that sign up.

10. Negotiate with e-zine publishers to get free or discounted ads by letting them join your affiliate program and earn commissions on the ad you run.

11.Publish a web blog like http://www.20six.de/secura

Hans-Peter Oswald
http://www.com-domains.c
About The Author
Hans Peter Oswald
CEO
ICANN accredited Registrar Secura
http://www.com-domains.com
secura@domainregistry.de

I hope this helps! 

P.S. To save years of failure and frustration as you look to create additional income from home. click here to download your free ebook, Success in 10 Steps http://www.mentormonique.successin10steps.com

Friday, December 22, 2006

Seldom Discussed Method Of Web Promotion for Your Home-Based Business

I happened to come across this great article by Mark about how to promote your website. I think this will work for any home-based business site. Hope it helps!


P.S. Remember, to find the best home based business ideas and
opportunities so you can work at home visit:
http://moniquerh.3stepsecret.com


Seldom Discussed Method Of Web Promotion
by: Mark Terry

So you've made the perfect web site (in your eyes at least) and that all-important traffic is out there just waiting to visit you. You've done your research and followed the usual methods for making people aware about it, and you're now sat there twiddling your thumbs, regularly checking your traffic analysis tracker in case you get a sudden surge of visitors. Of course, unless you're a big business with a mass of promotion behind you, those days of overwhelming traffic are quite a way off. So while you wait for your search engine submissions to reap their reward is there anything else you can do to help yourself?

Simple answer. Yes there is and it's a method that isn't discussed much. What is it I'm talking about?

Forums. No don't run away just yet. Not only will you develop a small amount of traffic in the first few days of launch (a couple of hundred visits easy) but you'll gain a lot of invaluable feedback about your site that can allow you to make changes before the search engines kick in. What could be better than free reviews?

First things first. If you're unfamiliar with forums they can best be described as the communal discussion area of a web site. If you've never used one before don't be afraid they're not as scary as they seem. Go have a look at a few to see for yourself, read some of the topics and look at the messages people have posted. Nobody is going to jump out at you and ask what you're doing there. Honest.

Right, now that you're confident you can post a message on a forum, you should be aware that you can't and shouldn't post a message about your wonderful new web site on every forum you come across. If you've had a look like I suggested you'll notice that most forums are split into sections that cover different areas related to that particular web site. Therefore, if you want to tell people about your site you need to look for forums that will accept this sort of entry.
It isn't hard to think about where these magical forums might be. You'll want to look at computer magazine sites, webmaster sites, web review sites, that's just for starters, I'm sure you'll come across more once you get going. The process is then simple; find one of these sites, have a look to see if they run a forum, then check the forum to see if they have a section that allows for your site to be submitted for review by other members.

If you're new to this then keep things simple with just a simple post at first. Just ask people to look at your site and give you some feedback. The best things to remember with forums are to be polite and friendly in your posts. Most people will usually have something positive to say about your web site despite all the criticisms they may also give. Even if you get lots of praise you'll often be surprised at the smallest tips that you get that can make your site look that little bit more professional looking. Once you've done a couple of forums and noted the general response, use your different forums to be more specific. Ask about your navigation, ask about the content, ask about the colours, or whatever else may be bugging you.

Some forums ask that you look first at one or two other members sites and give some feedback of your own before asking for yours to be looked at. This can help you in that it may show you how to critique your own site by looking at what's wrong with someone else's. Also if you do need to give some feedback look at the list of posts and pick someone whose reply count is low or non-existent. They'll be pleased that you've responded and may pay you the same compliment by looking at yours.

This brings me to another point regarding the reply/view count. Most people who go to the forums (especially newbies) are more likely to look first at the posts that have a decent reply and/or view count. It's a psychological thing, the post looks popular so you want to see what's so interesting. With some forums you can use this to your advantage (just don't abuse it). Be aware of the forums that show an increase in the reply/view count everytime someone (including you) adds a message. If you find one make sure you visit your post to respond to anybody's comments and add a message to keep the count going. It's a bit sneaky I know but like I said don't abuse it and you'll gain a slight advantage for getting people looking at your site.

Now don't expect thousands of visitors from the method detailed in this article (unless your site is so good that everybody starts talking about it) but for every person that responds to your request for feedback you'll get loads more that just visit your site who for whatever reason don't reply. At the end of the day it's all about getting the ball rolling and anything you can do to proactively promote your web site has to be considered. So best foot forward and get exploring all those forums.

About The Author

Mark Terry is the webmaster of WorkTheSystem. This site provides a series of simple guides that show the different methods of making some extra money on the internet.
workit@orange.net

Thursday, December 21, 2006

Make Money for Your Home-Based Business by Writing Articles

One of the best things you can do to promote your home-based business is to write articles. As it turns out, there is a good reason for this. Let's read on to discover why this is such an important marketing strategy.

Make Money for Your Home-Based Business by Writing Articles
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


Article directories are websites that house free articles. These articles are usually put there by whoever owns the copyright to them as a promotion method. Each article has the owners byline placed under it so that those who eventually read the article will know who wrote it (or at least who owns it) and will be able to get in contact with or visit their website for further information.

Articles directories are a great place to put your articles so that they will make you money. By using this method, people who are interested in your product or service will see your article, view you as an expert in the subject, and will visit your website. Even if you cannot write or do not have any knowledge on the subject on which you are promoting (for example for you run an affiliate website), you can always hire a writer to do the work for you. Getting quality articles written will be expensive up front, but they will pay for themselves in no time, either through affiliate sales or selling your own services, and everything from then on is pure profit.

Let’s take a real life example. Imagine that you are an accountant working from home. You write an article on an accounting topic and place it on various article directories. Those who are looking for the subject you wrote about will read your article, see that you have the knowledge and skill that is needed to do a job for them, and visit your website or contact you via e-mail. Your article just gained you a new client who may use your services regularly, but will definitely give you a nice profit at least once.

Furthermore, since you have posted it on a free article directory, others who have affiliate websites about accounting will inevitably use your article for their website. Since they must attach your byline to it, this will bring you even more exposure for every website that re-posts your article. This because you will be benefiting of off the traffic that they get to their website.

There are numerous article directories out there for you to utilize. Your bet best is to put a copy of each of your articles on every one for maximum exposure. It will eventually help to bring more traffic and customers to your website, which will lead to new orders and more profit.

About the Author
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:

http://moniquerh.3stepsecret.com

-----------------------------------------------------------------

Wednesday, December 20, 2006

Creative and Profitable Ways to Use Autoreponders in Your Home-Based Business

Autoresponders are a must for any online business. If one does not have one, they can easily spend hours and hours trying to do things manually! Let's discover why autoresponders are such an awesome tool!

Creative and Profitable Ways to Use Autoreponders in Your Home-Based Business
Copyright © Monique Hawkins

An interested visitor who has been strolling through your
site has finally come to just what she is looking for and
is about to make a purchase. It's a sunny afternoon, and
her cat, who happens to be sitting on the moss under the
visitor's large fifty-year-old snow-rose bonsai tree,
suddenly jumps down, and the priceless tree topples over.

In the blink of an eye, your visitor exits your site, and
your sale is dust - unless you have had the foresight to
utilize an autoresponder that has captured her email
address. If you have installed an autoresponder, you can
then follow-up with her, and in all probability, make the
sale when the poor woman has finished repotting her
precious bonsai.

Autoresponders are remarkable, versatile programs that do
so much more than just automatically answer your email.
Here are a few ideas that will help you to creatively and
productively use your autoresponder to transform the casual
visitor into a profitable customer. Use your autoresponder
to:

1. Publish a newsletter. Certain quality autoresponders
will manage subscriptions and follow-up with interested
prospects. Your newsletter can keep your visitors informed
about your services or products, while building your
reputation as a credible expert in your particular
business.

2. Publish a newsletter only for your affiliates. Inform
them of current sales you are running and of promotional
material that your affiliates can use themselves to
increase their commissions. Include tips, advice, and
techniques that your affiliates can use to successfully go
out and promote your business.

3. Write reviews. Cover books, software, music, e-books,
movies, etc., and put each review in an autoresponder.
Review your affiliate programs, using a link to your
affiliate's page in your autoresponder.

4. Distribute your articles. Writing and distributing
targeted articles is a powerful tool to build your business
credibility, bring traffic to your site, and increase your
sales potential. If your articles contain valuable
information, many editors will print what is known as a
resource box for you. A resource box contains your bio and
a brief description of your service or product. It can also
contain your autoresponder address. Let's say you've
written fifty articles. Put them on separate autoresponder
accounts and create a master list that contains the titles
of each article, the autoresponder address, and a brief
abstract. Then promote your master list. Additionally,
include your publishing guidelines so your affiliates can
add their articles to your list, increasing the number of
writers who are represented in your article list.

5. Create mailing lists. Inform subscribers to your
articles when you've written new ones that they may want to
publish in their own newsletter or website.

6. Automate your sales process. Use an ad to insure
repeated exposure of your message, which has been proven to
effectively increase sales. In your ad, put your
autoresponder address where a visitor will be exposed to
numerous marketing materials. This multiplies the chances
of converting visitors into customers. For example, if
you're selling a particular product, put testimonials about
how spectacular it is on your autoresponder, and add a
detailed, enticing description of your product.

7. Distribute advertising. Let's say you sell advertising
on your website or in your newsletter or e-zine. Set your
autoresponder to send the information about rates and how
to place an ad automatically to all prospects' email
addresses. Then have your autoresponder follow-up. It can
also send notification of any special deals you are
currently offering.

8. Distribute an email course. Each day, have your
autoresponder send out another lesson. Just be sure that
each lesson has quality content - not a sales pitch. Your
content will do the selling for you, and will do it much
more effectively. You can include tips centered on a
different topic for each lesson, illustrating how your
product will benefit the reader. Include the tangible
benefits the visitor will reap by purchasing your product.
Make sure to include a paragraph or two at the end of each
lesson enticing your prospect to consider making a
purchase.

9. Automate a reminder about your service or product after
a visitor has completed your course. This will increase the
possibility of sales from visitors who have taken your
course but are dragging their feet about actually making a
purchase. You can also use these reminders to promote new
products or services, and the products and services of your
affiliate programs.

10. Distribute free reports. This gives your visitor an
idea of the type of information you can provide and the
quality of your product or service. Make sure these reports
are not sales letters or you will more than likely lose a
potential customer than gain a sale.

11. Create trivia quizzes on your site and place the
answers in an autoresponder. Your visitor will then be
motivated to request your autoresponder, and you will have
a record of the visitors' email addresses who took your
quiz. Or create a contest and have any visitors that enter
send their responses to your autoresponder. Your
autoresponder can be set-up to send them a confirmation of
their entry.

12. Offer a trial version of your product. Give your
prospects a sample of your ebook, course, software,
membership, etc. People who are exposed to a little taste
often end up wanting the whole pie. You can also capture
their email addresses when you offer them a free trial from
your website. Set up your autoresponder to give
instructions on how to obtain their free trial, and then
make sure to follow-up to try and close the sale.

13. Link to hidden pages on your autoresponder. For
example, a hidden page could be your affiliate page that
contains graphics, promotional articles, and text links
that interested affiliates can make use of. Inform visitors
that they may have free access to your affiliate page by
simply requesting your autoresponder. You will then gather
a list of visitors who may be interested in becoming your
affiliates.

14. Use an autoresponder on your order page. Post a request
form for visitors to be notified of special offers or
discounts in the future. This creates a very effective
mailing list that contains the names of people who are
already your customers.

15. Put your links page on your autoresponder. It should
contain up to fifty links that would be of particular
interest to your visitors. Make sure to add your own
promotional copy at the top or bottom of this page.

Now that you have proof that autoresponders can be used
creatively, see if you can come up with some brilliant
ideas of your own!


Click here to save years of failure and  frustration as you look to create additional income from home http://www.mentormonique.successin10steps.com

Tuesday, December 19, 2006

How To Create Lucrative Traffic To Your Home-Based Business Website

We all need traffic to say alive in online marketing. Here are some great tips to keep that traffic coming.

Lucrative Traffic Building – How to Get Your Traffic Building Going
By Sean Mize

How to get started in a lucrative traffic building business – you want good solid traffic but most of the low cost options are junk. You simply have to be willing to take the time to build sure, quality traffic, like article generated traffic, quality ezine advertising traffic, and referral traffic. Additionally, a lucrative traffic building business is one way to explode your online business, no matter what the genre.

So how do you use a lucrative traffic building business to explode your online business and to explode your internet business?

I have put together some new techniques to help you to explode your online business with a lucrative traffic building business.

Check out these incredible new innovations to help you to explode your online business with a lucrative traffic building business:

- to explode your online business with a lucrative traffic building business, start first by creating a squeeze page which can collect customer information

- to explode your online business with a lucrative traffic building business, send only quality traffic – I recommend starting with article writing. Write 5-10 articles per day in your chosen niche, submit them to the top 5 article directories, and start to watch the traffic come in. It will be slow at first, but it will be high quality; in my experience, buyers.

- to explode your online business with a lucrative traffic building business, buy ezine advertising in limited quantities at first. Test the ezines with smaller ads like classified and sponsor ads, and then only when you have results, increase to the solo ads. If a small add won’t pull traffic, the solo probably won’t, either.

Do you want to learn more about how I do it? I have just completed my brand new guide to article marketing success, ‘Your Article Writing and Promotion Guide‘

Download it free here: Secrets of Article Promotion

Do you want to learn how to build a massive list fast? Click here: Email List Building

Sean Mize is a full time internet marketer who has written over 500 articles in print and 9 published ebooks.

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Monday, December 18, 2006

The Truth About MLM Residual Income

Like any business, a person has to work to make money in an MLM residual
income business opportunity. Many people believe that a residual income
means they will not have to work at all. This is why many MLM businesses
fail. There are some points about MLM residual income that every person
needs to know before getting started so that they do not fail prey to
misconceptions.

MLM’s are popular because the way they work is designed so a person can earn
money from a one time sale over and over. If a person sells to one person
and that person buys products on a monthly basis they are still earning that
residual income. MLM’s do not even require a person to recruit anyone if
they do not want and still be able to earn money. That is why they work.
That is why people are interested in them and that is why there are so many
MLM opportunities available.

The concept of an MLM is that each team member is helping the company sell
their products. The addition of allowing each member to build a team is an
additional way for the team members to build their business. It is not a
necessity, but an option. If a person only sells items they will still make
money, however, building a team will greatly increase that money. It is the
team that enables a person to make the most residual income. Selling
products is something that can only be residual if the customer buys again
and again, but with a team the person makes money off their sales, too. So,
as long as everyone is selling, everyone is making residual income.

MLM’s are not a risk free opportunity, though. They are still a business
and with any business there are risks. If a person signs up people who
decide to quit then they are back at square one and must recruit again.
Risk is always a factor in business. Also since it is a business, that also
means it needs to be run like a business. The MLM should have a senior
group of management and staff that actually runs the business. Without the
senior staff, the business could easily fold, leaving everyone out in the
cold. If a person keeps these two points in mind when choosing an MLM they
should be able to find a great company to work with.

MLM’s are not a way to get rich quick. Making good money takes time, but
the structure of the MLM has been proven to be a great way to earn a nice
residual income. Many people make their living solely form MLM’s, so it is
possible to make a lot of money. It just takes a little knowledge and a
little time to make it a success.

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Sunday, December 17, 2006

How To Turn A Home Based Business Into Residual Income

How To Turn A Home Based Business Into Residual Income
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


A home based business does not always start out as a residual income
opportunity. For a person who starts their own home business, making it
turn out a residual income is something they have to do. Fortunately,
turning a home based business into residual income is not as hard as it may
seem. All it takes is a little knowledge about residual income and little
hard work.

The key to making a home business a way to earn residual income is to
understand residual income. Residual income is income that is earned on an
ongoing basis without a person having to do work each time they get paid.
This is different than the linear income we are all used to when we work a
typical job. Linear income is earning income based upon the amount of time
worked. With residual income a person can work one hour and get paid for
days just for that one hour of work.

The set up for residual income is to have some way to make income without
having to be involved. Websites are a great platform for residual income.
A person sets up a website with their product catalogue. They insert a
shopping cart feature and customers can shop and buy without the owner
needing to do anything. For a pure residual income the owner should have
products drop shipped. In this case once the orders are placed they go to
the drop shipper and the products are shipped to the customer without the
owner having to do anything. This is residual income because the owner only
spent the initial time setting up the website and marketing. For that small
amount of time spent they continued to get paid every time an order is
placed.

Another option is to set up an affiliate program. In an affiliate program
the owner would sign people up to be representatives for their company.
These people or affiliates would go out and market and sell their products.
For their efforts the affiliates would get a commission on every product
they sell. To make it most profitable for the business owner, the
commission would need to be rather small, but then the affricates may be
unhappy. That is where the other part of the affiliate program comes in.
The affiliates would be able to sign up other affiliates. Every sale these
new affiliates make would result in a cut of commission to the original
affiliate. This allows the affiliate to earn more commission by signing up
others to do the work instead of having to sell more themselves. An
affiliate program benefit’s the owner because they are having both marketing
and sales handled for them by their affiliates.

Turning a home based business into residual income is not that hard to do.
By setting up the right system a business owner can make their home business
pay them again and again for minimal work on their part. It is a great
situation and one that every home business owner should try.

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Thursday, December 14, 2006

The One True Secret To Guaranteed Residual Income for Your Home-Based Business

The One True Secret To Guaranteed Residual Income for Your Home-Based Business
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


There are many people who claim they have the secret to guaranteed residual
income. They say it is a process or system. They charge larges amounts of
money for the secret or they give it away because they want the people to
whom they give it to become a part of their opportunity. What they are
really offering is just a chance to join their opportunity so they can make
more money. Not a great secret and definitely not the one true secret to
guaranteed residual income.

The one true secret to guaranteed residual income is attitude. Every person
that has ever been successful in business has the same attitude. They are
dedicated and passionate about their business. Without dedication and
passion a person will not succeed at their business. It does not even
matter how good the product is or how great the person is at selling and
marketing, the bottom line is if they do not have the attitude they will not
succeed.

It may be hard to believe that attitude can have such an impact on business,
but it does. A person who is not dedicated to their business will allow
other things to push their business to the backburner. They will have no
problem letting their business suffer in favor of doing something else.
They will not be driven or determined to make their business the best that
it can be. They will settle for anything. Their business will suffer from
their lack of desire to make it successful. As with anything in life, if a
person is not dedicated to the task they will likely not do much with it.

Passion is something that any good salesperson will say is the key to
selling. At the heart of every business is something to be sold. Every
good business person can sell and are passionate about their product. The
reason for this is that in order for a person to buy something they have to
develop an interest in it. A salesperson that is passionate will talk about
a product as if it is the most wonderful thing imaginable. They will
convince people they cannot live without it, that they need it. People will
then become interested and likely buy it. A business person that is not
passionate about their product will find they do not end up with very
customers who are passionate about it either.

Determination and passion are two of the most simple concepts, but they
truly are the key to guaranteed success in residual income. These character
traits are not something a person can learn, but rather are part of their
state of mind about a business concept or product. When a person finds a
residual income opportunity that fires up their dedication and passion then
they have found the opportunity for guaranteed success.

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Tuesday, December 12, 2006

How To Ensure Your Home-Based Business Success

Ensuring Your Internet Marketing Success - Stick With One Expert
By Chimezirim Chinecherem Odimba

If you try everything that can make you money online at the onset, you're bound to fail. You can end up diversifying as much as possible later. However, you must consolidate on something that's working before you begin to diversify.

The easiest way to fail online is to listen to the right things everybody is saying. Now, I hope you took note of the fact that I said right things. This is very important because a lot of folks have failed online because they followed too many right ideas.

It is a good idea, if you're just starting out online, to get a trustworthy expert and stick with them (following their instructions to the end) without wavering.

There are people who teach slow and steady processes. They work. There are others who teach processes that require speed and a lot of outlay. Funny thing, they work, too.

But, you see, you mess up your internet life if you attempt to implement “slow and steady” techniques in “up and fast” processes.

So how do you avoid this? Take good time out and look for something that appeals to you. Look for established internet marketers (Not fly-by-night gurus who are up today and nowhere tomorrow). They must have living proof of ordinary folks that their techniques and processes have worked for. One hundred or more verifiable successes will be a good starting point.

If they can't give you over a hundred, they may be real but are way beyond your level. You want to start out successfully. You don't need the experts' expert - No, not yet.

Another thing that will help you get the right expert is their Alexa ranking. True, it can be manipulated at the 500,000th and worse positions. However, a top 20,000 position can't be easily faked.

But since you are looking for an expert who you will stick to, get someone who's site is in the top 5000 or, better still, the top 1000.

I followed an expert who's site is in the top 300 of all the sites in the whole world wide web using methods that ordinary people can also implement.

Now, when you have found your guru, be a good disciple and do not listen to anyone else no matter how true what they say is. Remember, on the internet, it is the truth that you don't need that hurts you most.

After you have explored and succeeded with this expert's methods, you'll be knowledgeable enough to explore other experts' opinions and increase your profits.

But for now, stick with one expert until you make reasonable profits online.

Would you want to see who helped me? He is an interesting guy. Click here to learn from him too. He teaches you a lot free. He believes that once you learn and understand the process, you’ll be well-informed enough to buy what he offers. See what goodies he has to offer here.

I’m not a guru but I’ve learnt how to get 100,000 high quality visitors monthly within 12 months. It works but it requires hard smart work. Would you like to learn how? Click here to subscribe to my newsletter.

Chimezirim Odimba helps people succeed online.

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Monday, December 11, 2006

How To Build Extra Residual Income With Your Home-Based Business

How To Build Extra Residual Income With Your Home-Based Business
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


Residual income is a way for a person to make continuous money from doing
something once. The idea of residual income is nothing new. It was around
far before the internet, but it has only come to be popular now that the
internet has revolutionized home business and working at home. Residual
income is something that can be used to make a little extra money, even
while a person works a full time job or cannot otherwise spend a lot of time
on a home business. The following are some tips and info on how to make
extra income through residual income.

- It takes work to make a residual income. Many times people think they can
simply sign up for a residual income program and start making money without
doing anything else. That is not the point of residual income. It is about
not having to do the same thing over and over in order to earn money. It is
about doing something once and getting paid for it again and again. The key
here is that a person has to actually do something to get paid.

- The internet must be used to its full potential to be successful. The
internet is full of endless possibilities. Many people do not use it to its
full potential, though. Many people do not take advantage of the automatic
process available for websites and email. They do not take advantage of
search engines and making sure their website is at the top of them. The
internet is full of automatic ways to promote and build a business. Only a
person who understands how to take advantage of what the internet has to
offer will really see the potential for the best income.

- A person has to build multiple streams of income in order to be secure.
Multiple streams of income is basically having more than one business. A
person has to try out a few different businesses at one time. The unstable
world of internet business can lead to top companies crumbling in the blink
of an eye. By having more than one income source a person sets themselves
up for stability. They help to ensure that they do not end up without any
income.

- A person has to do their research to avoid problems. When starting in a
residual income business opportunity a person needs to look at their
background. They should make sure the company is in good financial
standings with nothing troubling in their past. They should ensure that the
people running the business are well qualified to do so. They should also
look over the compensation plan and make sure that it is possible to earn a
nice, steady income. The main idea is to check it out and make sure it is
for real.

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Sunday, December 10, 2006

How to Build Residual Income With Your Home-Based Business

How to Build Residual Income With Your Home-Based Business
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


Residual income is a way for a person to make continuous money from doing
something once. The idea of residual income is nothing new. It was around
far before the internet, but it has only come to be popular now that the
internet has revolutionized home business and working at home. Residual
income is something that can be used to make a little extra money, even
while a person works a full time job or cannot otherwise spend a lot of time
on a home business. The following are some tips and info on how to make
extra income through residual income.

- It takes work to make a residual income. Many times people think they can
simply sign up for a residual income program and start making money without
doing anything else. That is not the point of residual income. It is about
not having to do the same thing over and over in order to earn money. It is
about doing something once and getting paid for it again and again. The key
here is that a person has to actually do something to get paid.

- The internet must be used to its full potential to be successful. The
internet is full of endless possibilities. Many people do not use it to its
full potential, though. Many people do not take advantage of the automatic
process available for websites and email. They do not take advantage of
search engines and making sure their website is at the top of them. The
internet is full of automatic ways to promote and build a business. Only a
person who understands how to take advantage of what the internet has to
offer will really see the potential for the best income.

- A person has to build multiple streams of income in order to be secure.
Multiple streams of income is basically having more than one business. A
person has to try out a few different businesses at one time. The unstable
world of internet business can lead to top companies crumbling in the blink
of an eye. By having more than one income source a person sets themselves
up for stability. They help to ensure that they do not end up without any
income.

- A person has to do their research to avoid problems. When starting in a
residual income business opportunity a person needs to look at their
background. They should make sure the company is in good financial
standings with nothing troubling in their past. They should ensure that the
people running the business are well qualified to do so. They should also
look over the compensation plan and make sure that it is possible to earn a
nice, steady income. The main idea is to check it out and make sure it is


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Thursday, December 07, 2006

How Your Home-Based Business Can Earn Income Through Seven Payment Methods

How Your Home-Based Business Can Earn Income Through Seven Payment Methods
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


If a person is going to earn residual income with their home-based business,
then one of the first things they should understand are the payment methods used.
income. Nobody gets into home business opportunities that is not
interested in making money, so it is only smart for a person to understand
how they will be paid that money. There are seven ways generally used to
pay out residual income. Some ways have been very successful, but others
have not. That is why it is so important that a person has some idea about
these methods before getting started in any residual income opportunity.

In the beginning the main payment structure for residual income was a
uni-level matrix plan. This was also known as a pyramid. This method
hinged on getting people to sign up in multiple levels. The original person
would be on top of the pyramid and rely on those below them in their pyramid
to make them money. If all worked out then the person at the top would make
a great income, but this type of plan is hard to build. It relies on people
to keep recruiting and building that down line. It rarely works out because
the person at the top is usually the only one making money, which is why
newer payment methods were developed.

A forced matrix plan is the most common. Forced matrix plans also have some
other additional payment methods associated with them that makes earning
potential much greater. The basic forced matrix plan is like a uni-level
plan, but each level has a limit of people. For example, the people the
person recruits are limited to only 5. Then if they recruit more they fill
a new level. This ensures everyone is making money. Under a forced matrix
a person may also earn bonuses. There is a fast start bonus where a person
earns an incentive to get as many recruits as possible within a limited
time. They then receive a nice bonus pay out. There is also a sponsor
bonus where a person gets a little extra bonus for every person they sign
up. Matrix plans are also set up so that once a person recruits enough
people they can then leave their original sponsors team and start their own.
To prevent the original sponsor form losing out they earn a breakaway
bonus where they still get a commission from the team that became
independent. This helps everyone to work together and help each other
instead of trying to keep those underneath restrained so they can not
recruit too many people and break away.

The type of payment in a residual income opportunity can be confusing.
There is always a lot of talk about down lines and commissions. It is
really important for a person to make sure they understand the payment
method. It is the bottom line of any residual income opportunity. Many
opportunities have fallen by the wayside because they did not have a string
payment method. By making sure the payment method is understandable and
logical a person should be able to feel comfortable with their chosen
opportunity.


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Wednesday, December 06, 2006

How To Make Smart Choices When Promoting Your Home-Based Business Online

Copyright © Monique Hawkins

Part of making a good residual income online is learning to use the internet
right. There are many ways a person can use their website and the internet
to create residual income, but not every way will produce a really good
stream if residual income. If a person learns the right way to use their
website and the internet, though, they can expect to earn a steady stream of
residual income online.

When the internet became a mainstream way to do business it opened a world
of opportunity to entrepreneurs. The internet is a world wide marketplace
that never closes. A business can literally sell everyday, all day,
forever. The problem, though, is that the internet can also be confusing
and many people fall into the trap of not using right or using it to its
full potential. The best online business are run by people who understand
how to use the internet to its full potential.

Websites are great sales tools, no doubt. They are also very easy to
misuse. A website must be professional looking and easy to use. In trying
to create a great website these concepts are often lost. If a customer can
not find their way around the site they will click away and may never
return. The same is for an unprofessional website. People need to be able
to trust and believe in an online business. They are not seeing any
physical product or storefront, so it is essential they build faith in the
business or else they just won’t shop there.

The internet is a great tool for communicating. However, many times people
misuse the communication abilities. Email is often times horribly misused.
That is why almost every email provider now has spam guards that send
anything that may be spam to a special box or deletes it. Many times
businesses get caught in spam guards and people never get the email
communication. The best way to avoid this is to approach customers in a way
that allows a relationship to be built. If a relationship is established
they are more likely to open an email from that company instead of hitting
the spam button.

The internet should be a tool, not the sole existence of a business. It
should be used to communicate with customers not in place of a real sense of
communication between the customer and business owner. The lack of a
personal touch on the internet is its one main downfall. Some people even
avoid online shopping all together because of this. So the best way to get
the most from the internet and websites is to use them to build a good
relationship with the customer. If a business owner is smart about using
the internet then they should be successful in building an online residual
income.

Click here to save years of failure and  frustration as you look to create additional income from home:  http://www.mentormonique.successin10steps.com

Tuesday, December 05, 2006

The Key To Making An Online Home-Based Business Work

Many people think an MLM business is set up to run on its own and generate a residual income. The fact is that it takes some work to make that MLM start building a residual income. Nobody gets rich overnight from an MLM. It takes more than signing up to get started and get going. Combine that with the fact that most MLM’s run soley online and many people give up before they even get started because they do not understand how to make it work. There are a few keys a person needs to know to make an online residual income work.

Making a good choice is the first step to MLM success. A person has to choose something they are interested in and something they think they can get others interested in. If a person seriously believes in a product then they should have no problems telling others about it and telling them why
they must buy it. It makes it much easier to start with a product and company that a person can stand behind then having to start by convincing themselves that it is worthwhile. It is a waste of time trying to build up belief in something when there are plenty of opportunities from which to choose. A person should look around until find the one that suits them.

Getting marketing help is part of what an MLM is about and a key to success in an MLM. An MLM is supposed to be a team effort. A person needs to understand that they should go to those higher up in the company and get help to build a good marketing campaign. Those who are already successful
with the company have some amazing things to share. They make pass on tricks and tips for creating a profitable marketing campaign. There is no reason to at it alone when help is so openly available.

Thinking big is a must in an MLM. A person needs to take advantage of the internet and seek out customers and team members form all over. The larger an area covered the more possibilities. By taking advantage of the fact that the internet allows a person to market all over the world, they can build a team and customer base of people all over the world, thus expanding their business.

These three things are keys to making an MLM a success. By following through on them a person will find they can make an online residual income business work. Online business is world’s away from business off line. There is just so much opportunity that it would be a waste to not use it all. These three keys make use of everything the internet has to offer a business person.

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Monday, December 04, 2006

An Alternative Home-Based Opportunity Non- MLM That Still Produces Great Money

Is there such a thing as an alternative residual income home business opportunity to an MLM that still produces great money? Yes, there is and it is e-books. Almost anyone can create an e-book and turn it into a residual income. It only takes moderate writing skills and knowledge on a popular topic. This type of residual income business opportunity is a great alternative to MLM’s because a person has more control over their business.

MLM’s have been the major source for residual income because they are easy to get started in and are already proven to be successful. For some people, though, building a home business that can produce a residual income is something they would like to do, but an MLM just is not for them. Maybe they like the challenge of building their own residual income opportunity or maybe they cannot find a MLM that they are passionate about. Whatever the reason, it is possible to find a great alternative to MLM that produce comparable income results.

E-books are a residual income opportunity that is still an untapped market. Many people are starting to see how a simple e-book can start making them residual income easily. An e-book is based upon something a person is knowledgeable about. They do not have to be a professional writer, but it helps to understand grammar and spelling. If a person really is not confident in their writing they can hire someone to ghost write it for them at a one time nominal fee. As long as an e-book has useful, informative information, it can and will sell.

Making an e-book into residual income is easier than writing it. Once the book is written the person needs to market it. Once word gets out about this exciting e-book it will begin to sell. It is just like an author of any book selling it. Every copy will make money. Although, unlike an offline book, an e-book is sent through a computer file so there is no shipping or printing costs, so it actually is more profitable. If a person grants resell rights to others they can then set up a simple affiliate program to help sell their book. Their affiliates will market and sell the book. All the author did was spend the initial time writing it and now it will earn them money again and again.

E-books are a fun alternative to other residual income home business opportunities, like an MLM. They are an original work that a person develops himself or herself and then gets to earn money from it. It is gratifying and profitable. E-books are just a great choice for someone who wants residual income, but would rather not join an MLM.

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Sunday, December 03, 2006

The Best Home-Based Residual Income Comes In A Stream

The Best Home-Based Residual Income Comes In A Stream

http://moniquerh.3stepsecret.com



A residual income stream has nothing to do with water. It is actually when
a person uses multiple residual income programs to build a nice income.
They join more than one program so they are getting income from more than
one source forming a stream of income. This stream of residual income is
literally fed by all of the programs. It helps a person to have a secure
and steady income. Every person interested in building residual income
should look into building a residual income stream for maximum profits and
security.

Multiple stream of income is an idea that is nothing new. In fact, there is
an old saying that kind of explains the whole idea behind it - don’t put all
your eggs in one basket. What this means is not to invest yourself in one
idea, instead have a few different ideas. That way if one fails the others
are still there. When it comes to business it is easy to see why this
concept is important. If a person invests all their time and efforts into
one business opportunity and that fails then they are in trouble.
Additionally, having multiple streams of income allows a person to earn more
money. They can work on all the different programs and earn from each and
every one at the same time. When it comes to residual income it is easy to
have multiple streams of income.

Multiple streams of income can be developed by signing up for a few programs
at one time. The programs can all be put on one website and marketed
together, so it is not any extra work. By using a website as the central
hub for all the programs. It helps to keep everything in order and just
simplifies the management of all the programs. In order to run all the
programs off one site a person can either create a custom site for each
program or link the site to their affiliate sites. Doing it this way also
means the person can add new programs easily in the future should they
decide to or should they choose to quit an opportunity. There will be no
need for new advertising to be implemented or to build up a customer base as
it will all be in place all ready.

Multiple streams of income is a good idea in the unsure world of internet
business. Internet businesses have gotten better since the rise and fall in
the early 90’s, but it is still new and businesses still can fail. By
giving oneself options a person can make sure they enjoy a steady income.
They can avoid being left without any income if a business does not work
out.

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Friday, December 01, 2006

How to Build A Good Foundation For Your Online Home Business

How to Build A Good Foundation For Your Online Home Business
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


An online home-based business opportunity is a good way to earn a residual income. Not all online home businesses succeed at creating a residual income, though. In fact, many online businesses fail, but this does not have to be the case. It is possible to build a good business and residual income. How? One has build a good foundation for their business.

The way to set up a good foundation for a residual income business is to understand the basic way it works. A residual income business has to be set up so that one sale keeps earning a person money over and over. In fact, the business should be able to run on its own even if the owner is not present. If the business is not set up to do that then it will not create a residual income. A really good example is an affiliate program. An affiliate program is created by giving each affiliate a website encoded with their affiliate ID. Every sale made off of their website is credited to their ID. Their ID is also linked to the ID’s of the affiliates they have signed up. Every sale their affiliates make is also credited to them. This allows the person to
earn income on every sale associated with the work they have done. Affiliate programs are not the only type of residual income opportunity, but they are the most popular. Mainly this is because they are easy to get started with and easy to maintain.

In addition to understanding what truly is residual income, a person must not expect to get rich quick. It takes work to build a home-based business that produces residual income. One of the biggest problems people encounter is the fact that they think residual income means they do not have to work at all. That is a huge misconception. Anyone who thinks this is true is destined for failure. It takes work at least initially. Nobody makes money doing nothing. A good residual income is built. It is all about a good start. If a person puts up an initial investment of time and work then they are building a good foundation for their business. They should have all of their marketing in place. They should have a good training program for new team members in place. They need to have all their bases covered and know how they will handle everything. It is about having a good plan and that takes works.


Everything starts with a good foundation. A foundation offers a stable platform for the business to stand upon. It provides the necessary basis for success. The foundation of a business needs to be built. It has to be strong and it requires work. In order to build a good foundation a person
must understand the basis of residual income and understand that it takes work to get started.

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Thursday, November 30, 2006

How to Have Success with a MLM Home-Based Business

MLM Success - How Many Network Marketers Does It Take To Screw In a Light Bulb?
By Terry Montague

Assuming that you are in this industry in order to secure your financial future, then before choosing a Network Marketing business opportunity you should look closely at their Compensation Plan. This is, of course, what will ultimately determine how much your paycheck will be. Considering the amount of time and effort you put into building your organization, why not make sure that each addition to your downline constitutes a significant raise for you?

Are you looking at your Compensation Plan through rose-colored glasses?

Caution needs to be taken when trying to evaluate a Compensation Plan merely by looking at the way it is presented to potential distributors. Often a company may explain it in their literature and on their website in a way that is simply trying to paint a pretty picture for your financial success.

For instance, some companies would have you assume that everyone in your organization will be ordering their required auto ship and, in the case of the binary plan, that both legs are equally balanced. Yeah, right…in a perfect world! They don't illustrate the reality and consequences of breakage and spillover. These are funds that are retained by the company and never make their way into the pockets of the distributors who put their blood, sweat and tears into generating them.

As a result, the majority of Network Marketers do not understand the dynamics of compensation plans. This is primarily due to the lack of statistical information available in the MLM industry.

Compensation Plan Basics

The first step is to understand what type of Compensation Plan a company offers. Assuming you have a basic knowledge of MLM, here is a very brief overview of the five most common plans and how they work:

* Matrix: A fixed number of people in width and depth paying a percentage based on each spot.
* Unilevel: Unlimited width with a fixed number of levels that pays out a certain percentage for each level.
* Binary: Two people in width and unlimited depth. Pays on volume cycles when a fixed amount of volume moves through each of the sides.
* Stairstep Breakaway: Unlimited width with a volume based percentage payout that breaks away once someone in your downline hits a particular level of sales.
* Aussie 2-Up: The commission on the first two people you sponsor goes to someone up-line from you.

Often these are designed to work in combination with each other, so it is important that you analyze your individual plan thoroughly. Ultimately, however, the goal should be to find a plan that provides the most income with the least amount of people.

Do the math

Look at your Compensation Plan and ask yourself the following question:

* How many people will it take in your organization to make $10,000 a month?

I'm talking about passive, recurring, residual income on the backside, not including bonuses, one time commissions and any additional perks. This $10,000 figure can be replaced with whatever dollar amount you choose in order to reach your personal goal for financial success, but we'll use $10,000 for the purpose of our example.

While the simplest method for determining this figure would be to ask someone in your upline how many people they have and how much money they are making, they may not be exactly forthcoming in their response. So the best solution is to figure it out for yourself.

Crunch the numbers

Although the formula for this equation is relatively simple, depending on what type of Compensation Plan you have it will probably require the use of a calculator. But the time expended on this short remedial math exercise will prove to be well worth the effort and will give you a clear idea of exactly what level of success you can expect from your efforts. It will save you a lot of frustration and feelings of failure later on when you realize your paychecks aren't quite what you were expecting.

Formula for Success

For a matrix or unilevel plan the equation is pretty straightforward. Figure out the average percentage of commission you are making on each level (usually there is a different percentage for each). Then determine the average monthly dollar amount (BV, PV or CV) spent by each member of your organization. Divide that by the average percentage, leaving you with the dollar amount generated by each member of your downline. Divide $10,000 by this average amount and you have the number of people you will need.

Example: Say you have a 5 X 7 matrix that pays an average of 7%, seven levels deep. If the average monthly purchase for each member is $50, then 7% of $50 is $3.50 per person. $10,000 divided by $3.50 equals 2,857 people.

Wow! They didn't explain that in the literature, did they?

Just for reference, for a monthly income of $10,000 a stairstep breakaway plan typically requires anywhere from 1600 to 1800 people (if you can keep them from breaking away), a binary somewhere in a range of 3000 to 5000 (taking into consideration the balancing act you'll need to perform), and a matrix about 2200 to 3200. However, I recently crunched the numbers for one unilevel plan that required almost 14,000 people!

Do your math homework

If you do a bit of investigating, you will find that there are some great Network Marketing companies with beneficial compensation plans requiring less than 500 people in your organization to make $10,000 a month. But don't just take the company's word for it. Do the math! Just because you happen to be mathematically challenged, don't let this deter you from figuring out how much your paycheck will be. Even if math just isn't your thing, it really shouldn't take a rocket scientist to figure this out. But if you have difficulty it's worth eliciting the help of one if needed. And if you can't find one on a nearby street corner, I'm sure you can find someone who is more left-brained than you are that will be willing to help.

Don't rely on recruiting alone

One final tip: Make sure that your company offers a product or service that has a legitimate need in the marketplace and that it is priced competitively. The company must emphasize getting products or services into the hands of consumers, not just on finding new recruits. If the company is not centered around the movement of a product or service, your success, if any, will be limited.

Terry Montague is a successful network marketer and MLM Mentor. Her objective is to provide as many people as possible with valuable information and equip them with skills for success in order for their dreams to become their reality. Download her Free eBook to learn more about analyzing your Compensation Plan, or visit "MLM Success Training-The Full Monte" for more tips and resources.

I hope you find this article helpful.
Monique

To find the best home based business ideas and
opportunities so you can work at home visit:

http://moniquerh.3stepsecret.com

Wednesday, November 29, 2006

The Best Way To Choose A Residual Income Home-Based Business

Residual income programs are built on people recruiting people. One person
sells their business idea to another who joins and becomes the down line to
help earn that person money. Selling is all about appealing to a person’s
emotions. They try to get a person to feel passionate about what they do,
so they will buy into it. That is why many people choose a residual income
program that is not for them. They were sold based upon their emotions, not
rational thinking, which is the best way to choose a residual income
program.

The process of selling is showing passion and getting other to feel that
passion about what is being sold. One of the goals in a residual income
program is to get others to sign up and become part of the team. As more
people sign up the people who signed them up make more money. It is easy to
see why people use aggressive tactics to sell the residual income program to
others. It is also easy to see why many people end up choosing the program
that is not the best for them.

Overcoming the emotions and being able to choose based upon well thought out
reason is the way to choose the best residual income program. So, how can a
person do that? They need to learn the top things to look for in a good
program. The program needs to have an appealing product. It needs to be
something that is interesting and something that people will buy. They
should also be unique and something people cannot buy anywhere else. The
company should have a stable history. It should have good growth potential
and not have any problems financially or structurally. It should have a
good marketing system that is taught to every new person. It should be easy
to use and something that is easy to learn. The payment plan should be easy
to understand and make sense. It should be easy for a person to see how
they can make a long term profit. Lastly, the company needs to show
teamwork is built into it. Teamwork should be a main part of the company
and should be easy for a person to see when they start to learn about the
company.

The best residual income program is defined by each person. It is perhaps
easier to define the worst program. The guidelines above, though, should
explain how to weed out the bad ones and settle in on the ones that have the
possibility to be the best. By reading through them and getting to
understand them a person should have a good understanding what makes for a
good company where they can earn a good income.

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To find the best home based business ideas and
opportunities so you can work at home visit:

http://moniquerh.3stepsecret.com

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Tuesday, November 28, 2006

The Secret to A Residual Income Through Marketing A Home-Based Affiliate Program


Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


Everyone wants to earn a residual income with their home-based business. What is a residual income? In a nutshell, it is being paid many times over for something that is done right one time. It is being able to let a business run on auto-pilot and still receive income without you having to be present.This income is possible through affiliate programs, but the key is understanding how to market them effectively. Anyone can learn the secret to a residual income through marketing an affiliate home-based business program.

Marketing is getting an idea out to others, getting them interested in itand selling it to them. It is being able to have your business stand out from the crown.Marketing is the foundation for any good business. It is more than placing ads or pitching ideas. Good marketing is provoking. It catches the eye and makes a person want to know more. It makes them interested so they seek out information and are willing to look for it.

Affiliate programs usually are centered around a website. The idea is that
the website serves as the information base for the program. People come to
the website and learn about the products and program. If they are
interested they buy or sign up. That is what is so hard. Most of the time
people will scan an ad and see a hundred others just like it, so they ignore
it and move on. They need something to catch their eye. They want it to be
different. Once they get to the website the information better be clear and
explain it all or else they will simply walk away. Good marketing will not
only lead them to the website, but peak their interest enough that they
willingly read through the website and learn more on their own. This is
what residual income is all about.

A good marketing campaign starts with well written ads. The ads should make
a erson want more information. They should compel a person to spend time
learning about the program or products. A good ad will not explain, but
leave things open-ended. It should give enough information to make a person
curious, but still make them have to visit the website to learn more. Once
they get to the website it should have everything there they need to know.
It should also make them want either to sign up as an affiliate or to buy
the products. Their next step should be to buy or sign up. That leaves
very little left to do and makes it the ultimate residual income
opportunity.

A person who can market successfully will only have to place ads. Then the
rest is handled by their website. If they can make people want to learn
more then their job is done. It really can be that simple. That is the
ultimate in residual income. A little work developing advertising and then
ongoing income. If marketed successfully an affiliate program can help a
person build a stable and solid residual income.

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To find the best home based business ideas and
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Monday, November 27, 2006

How to Use Affiliate Programs And Smart Marketing To Make A Residual Income with Your Home-Based Business

How to Use Affiliate Programs And Smart Marketing To Make A Residual Income with Your Home-Based Business
Copyright © Monique Hawkins

http://moniquerh.3stepsecret.com


If you are looking to begin a home-based business, affiliate programs are a great way to make a residual income. They allow
you to take part in an established system that has already been tested and
built up. All that is left to do is take control and build a down line.
Combine an affiliate program with smart marketing and it equals a great way
to make residual income. Let's discover a little more how this works.

Affiliate programs are often misunderstood. Originally the idea of building
a down line and making a residual income off recruiting people was called a
pyramid scheme. These pyramid schemes didn’t work because they relied
solely on recruiting and not at all on selling. The main idea behind them,
though, was a good one, so the affiliate program was created. An affiliate
program is more than building a down line of people, it also is based on
selling real and useful products. Affiliate programs work because a person
earns money through their down line and through product sales.

Affiliate programs are also very easy to get started in and most are
completely free with no costs to get started. Most programs offer a website
and plenty of help and advice on how to get the business going. A person
gets help from the people in their up line, too. The biggest challenge,
though, is marketing. No matter how much help a person gets, they still
have to master marketing on their own. The problem is that most affiliate programs do not teach good marketing skills. It is important that to consider whether the affiliate program also has a easy and duplicatable marketing system before you join it.

Marketing involves learning how to use the tools provided by the program to
get customers and sign others up for the opportunity. The affiliate program
will provide a person will written ads and their own website, among other
things. The website is the central hub of all the marketing efforts. The
main goal should be to get people to visit the website. Once there they
will be able to buy products and sign up to be an affiliate. The hard part
is not getting people to buy or sign up, but to get them to the website in
the first place.

A person has to take the ads and other marketing tools and place them where
people will see them. One of the biggest marketing platforms are search
engines. Most affiliate websites are a simple website, but with a little
work a person can optimize it to make it rank high on the search engines. A
good way to get started is to add a blog to the website and write entries
everyday. These entries should be keyword rich and informative. Search
engines like articles or blog entries and will assign the site a higher
ranking if they have them. Another way to go is to place links and ads on
other websites. A person should choose websites that compliment the
affiliate program, but that are not in competition with it. By using these
marketing methods a person should be able to get a good start in marketing.

Affiliate programs and good marketing efforts can really help to get a good
start in residual income. Building an affiliate program will take some
time, but they are made to produce a great residual income.
About the Author:
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To find the best home based business ideas and
opportunities so you can work at home visit:

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