What I Have Learnt As A Beginner To Internet Online Business
by:
Sung-Liang Woon
Like tens of thousands of people who often venture online exploring ways to make a little extra money, I have been looking for ways that would allow me to eventually live a life with residual income and financial freedom.
Obviously, I did not know how except for the fact that many are making millions of dollars every year from Internet.
But I learnt fast, after having paid a lot of money to the so-called Internet gurus. I realised that there were a lot of scams, hyped-up promises, and just plain sure-way-to-loose-your-hard-earned-money programs. Very quickly, it became obvious to me that the promises of make-tons-of-money-with-no-effort-all-for-free had to be challenged because this is not true at all! What you get for nothing would be nothing. I learnt now how I should look every time before I leapt.
Building a business online is just like building a brick-and-mortar business offline. So you need both a good plan and a marketable product. Some friends advised that I should build a website around my personal interest or hobbies because it’d be fun doing so. That way, when the going gets tough, the motivation to persevere would be more likely to prevail. However I found that my own interest and hobbies were not necessarily what the market was looking for. In fact, I realized that I should look at other people’s interest instead.
The easiest way to get into business online is through affiliate programs which allow you to sign up as an affiliate member. You earn a referral commission from selling the program owners’ products.
These products are usually information products such as electronic books (eBook) and software that can be delivered as a file that is then downloaded directly to your customers' computers. They could be repeatedly reproduced and downloaded and sold at no cost. There’s no packing, shipping and delivery cost. Owing to this, affiliate program owners usually pay their affiliates high commissions (50% or more).
I learnt that it is best for beginners to start by joining a few affiliate programs, followed by announcing this to as many friends as possible to prompt them to visit my websites.
At the same time I was strongly advised against the use of “Spam”. Suddenly I found my list of friends to be pathetically short! Hardly 100 names!
I was feeling really inadequate after finding that many Internet entrepreneurs actually had a mailing lists of well over 5000, 10,000, 100,000…….
To start off, I needed a website, although people do make money without a website. By joining an affiliate program I did not have to worry about creating a website of my own because many affiliate programs do offer websites for free.
However I was advised to learn how to modify the website to differentiate it from many others having the same program so that I would have some advantages over others.
As I said, I had a miserable mailing list hence I needed to build one for visitors by their subscribing to my online newsletters. Oh yes, I have heard it a thousand times in my short stay in this business – “The money is in the list...that all important list which begins the flow of "traffic" …No list...No traffic...No traffic...No sales..”
I send these people my regular newsletter via “autoresponder” provided by the program and over time, I hope to develop a relationship with many of the visitors.
A newsletter allows me to share information and resources with my subscribers resulting in a positive rapport, friendship and eventually trust.
There’s a 30-day guide which is really cool. It takes me step by step each day to improve my business incrementally. The tips and tricks given are especially for professional business working from home. It exposes me to many possibilities, among other things, of how to drive traffic to my site. And I find joy in doing so especially in my pyjamas!
The program allows me to join a discussion forum. It is like walking into a big library, the only difference is that this is better because all the members have similar interest i.e. Internet business. This is where I find answers and solutions to my questions and problems. I find active and successful members discussing their latest findings, for instance, the best websites and software to use to improve our businesses. Another advantage in taking part in the discussion is that other members or visitors get to know my website located in my “signature file”.
Yes, I also learnt how to place my adverts. Here are some of the things that I’ve looked into:
1) The various locations where I can place an ad such as newsgroups, forums, ezines, and web sites.
2) How to post information to a mailing list or newsgroup for free but using a signature file to promote my websites.
3) How the program helps me to set up autoresponders to take away the chore of responding to visitors manually.
4) How to write articles and submit them to article directories to get free advertisement for life.
5) I’ve created a Blog of my own. It is an excellent way to provide visitors and customers with information at their fingertips, just a click away. I keep it fresh and alive by posting interesting articles on Internet business on a regular basis. The articles in the Blog also offer me free advertisement because each article carries a link to my websites.
In conclusion, if you want to make money on the Internet, it is a real possibility. But please do not expect something for nothing. You need to invest in your effort, time, commitment and at least some financial input. Once you’ve decided, go for it and. …..DON'T EVER GIVE UP!
Want to buy a used car but just don't have the funds sat in your bank
account? If so, why not consider taking out one of the many used car loans
available on the loans market.
Used car loans are specifically designed by loans companies to provide
used car buyers with a competitive finance arrangement through which to
purchase a used car. Flexible loans terms are available from used car
loans companies, as well as low APR deals suitable for used car purchases.
Used car loans of up to £20,000 can be arranged on an unsecured basis,
with loans companies offering higher loans amounts if security is
supplied.
Advance plan your used car loans
When buying a used car it pays to do some advance planning and arrange
your used car loan ahead of the search for a used car. There are many
loans companies out there offering loans for used car purchases, so it
makes sense to shop around to get the best loans deals for buying a used
car. Look for car loans that are flexible to your needs and offer a low
APR, so your monthly used car repayments on any loans taken out won't be
sky-high.
As with all types of loans, you should first determine how much you can
afford to borrow on loans to buy a used car. Loans calculators are
available on the Internet and can be used to calculate loan and repayment
amounts in accordance with different APRs. It is important to take into
account other financial commitments too, including other loans, when
calculating the loans amount that you can comfortably borrow to purchase a
used car.
If you intend to buy your used car from a used car trader where they
offer car loans / finance for their used cars, then do make sure that the
loans deal you sign up to is better than the loans deal that the used car
trader can offer. The APR rate is the critical thing here. On car loans
tailored for used car purchases the APR rate - i.e. the rate of interest
you'll pay on top of the used car purchase price - can be as low as 6%.
Finance loans deals through used car traders may have a higher APR, so
pushing the total cost of buying a used car up to an unacceptable price.
One final thought. When negotiating the price of a used car with a
trader, they may accept your lower offer providing that you take up one of
their loans to finance the used car purchase. If this is an option then do
check the terms and conditions of their loans carefully, paying special
attention to the loans APR rate, as the savings from your negotiation on
your used car may not be as attractive as first imagined when you consider
the final costs attached to their loans!
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