Thursday, October 19, 2006

How to succeed in Internet Marketing or Affiliate Marketing?

I believe one of the things that Affiliate Maketeer's fail to earn a decent enough income or quit outright is because of their lack of FOCUS on which strategy or programme to follow.

There are tons of them in the internet. Just do a search on Google for "affiliate marketing program" and you get 22.9 Million related websites!

And there are times when an IM newbie goes in and sees the enormous amounts of information to process and they literally 'hang'.

I know that I am a victim of such as I began my fervour into IM with Ewen Chia's SAW and then from there I upgraded to Ultimate Affiliate Program. Just from those 2 products, I discovered other products on the internet and the one thing that got me sucked into the AM blackhole is the List/Traffic generators.

I kept reading the email campaigns from email list like Listdotcom and Response Mailer and Your Lucky List and I got sucked into looking at one AM product after another after another and ddoing my best to keep up and promoting them, one product after another, after another.

What a stupid thing to do!

Just like what Stuart says as he uses the analogy of the Oil Well digger: dig 2000 holes at the same time? Or one hole diligently and when that sprouts some oil, goto another location and dig again.

I believe that IM newbies is like a freshman in a Uni campus during their 1st semester. So much things happening at one time that their first year sometimes frightens them. I knew it did me!

It is POSSIBLE to make a decent living from AM as there are a lot of them who has made it. One has to simply 'model' their strategies and follow it. Ewen Chia is one local guy that did it. His SAW is 1 year old and he's doing great.

There is also Matthew Glanfield's Affiliate Marketing Formula.

And these guys have the similar story to tell of how they work their day jobs that paid them pennies and they come home to spend whatever hours left in their day on their IM projects and their tenacity and concentration helped them emerge triumphant!

I believe that there are a lot more IM newbies with the same model. One have to just look at what is working and keep it going.

Just my 2 cents worth.

To Your Success!

Tuesday, October 10, 2006

Learnt my lesson yet?

You know.... to think that I've learnt my lesson and then I went and did it again!

I recall as i type this what was Ewen Chia's #1 Money Making Nugget:

Money-Making Nugget #1:
One of the most important ‘talents’ you must have
when it comes to starting and growing an internet
business is – FOCUS.

FOCUS!

I lost my focus today because I was enticed by the promise of a 27day Affiliate Marketing Formula by Matthew Glanfield. His sales page is so good that even when I was supposed to just take a look at his FREE 27 days Training Programme, I ended up paying for his $97 one!

BUT!

Matthew's offer was SO enticing because he gave a $1 offer of 15 days that I decided that I am going to do his 27 day course in 15!!!

Yeah! And that I am going to make enough money to pay for his $97 materials!

Check out his website and I feel that he has a really good product. Not to mention that he won the Stevies Award for being the 2006 Best Marketer award.

All these things made me think that I better wake up my idea and get onto his programme and get my Affiliate Marketing act done right!

Sorry Ewen, I know that I've purchased your product and have applied some of what you have taught me, and I feel that putting myself on the line for Matthew's programme makes me want to go all out!

So, today, I'm going home and reading his first few days materials and get them going as soon as when tomorrow comes!

No more excuses!

To Success!

Alief

Monday, October 09, 2006

Excerpts of Ewen Chia's 14 Money Making Nuggets

Ewen Chia's Money Making Nuggets:

Money-Making Nugget #1:
One of the most important ‘talents’ you must have
when it comes to starting and growing an internet
business is – FOCUS.

Money-Making Nugget #2:
When you don’t know how to do something –
either learn to do it once and for all or outsource it.

Money-Making Nugget #3:
You’ll make the most money when you’re able
to provide the ‘WANTS’ that people crave for and
want to pay for.

Money-Making Nugget #4:
You must learn the two most profitable and
critical skills of all time in business IF you want to
generate maximum profits – Copywriting, and
Marketing.

Money-Making Nugget #5:
One of the most valuable assets you can have in
any business is in the ownership of databases. This
applies online and offline.

Money-Making Nugget #6:
You must own products you can leverage and
control over.

Money-Making Nugget #7:
In every activity, ALWAYS seek out
opportunities to brand yourself. Listen, this is more
powerful than you think.

Money-Making Nugget #8:
The #1 cause of failure is often INERTIA,
however the root cause of inertia goes beyond
laziness, and it’s more attributed to self-belief and
confidence.

Money-Making Nugget #9:
TWO of the most important words you should
abide by in both your business and personal life are
LEARN and APPLY.

Money-Making Nugget #10:
The most targeted and best traffic you can ever
get without spending either time or money is
OTHER PEOPLE’S TRAFFIC.

Money-Making Nugget #11:
The next best method to generate long-term
‘self-building’ qualified traffic is by LINKS…and the
way to get thousands of FREE incoming links is with
articles.

Money-Making Nugget #12:
Leverage and monetize your existing content by
‘recycling’ them into different marketing weapons…

Money-Making Nugget #13:
Don’t just think ‘online’ because it’s an online
business…use offline promotional tactics to drive
super qualified visitors which are incidentally,
easier to reach!

Money-Making Nugget #14:
In spite of the thousands of secrets being
preached out there, ALL traffic generation can
basically be understood and summarized into just 3
main components… 'Stealing' it, Attracting it, and Buying it.

Where do I begin?

Oh My God!

Where do I begin with this post?

Today I did what I felt is such a waste of time BUT i feel that it is necessary because i feel that doing this act is like panning for gold. I was clearing my emails.

I did come across some intersting bits and pieces of nuggets that I took up and save it so that one day, I will have to go to the bank and cash it.

I also spent 2 hours earning credits from Traffic Exchanges: Traffic Swarm and ClickNPutt. Both of them is my favourites beccause they have helped me in getting some leads. (I think?)

Why I spent 2 hours you might ask? Because Sunday, I could not go on the interenet because my internet access at home was busted. So I decided to play catch up today.

One thing that I did that got me excited was to go thru the InstantBuzz.com action steps. I didn't realize that as an Elite Member of Instant Buzz, I get quite a good load of freebies! Thanks Mike Filsaime!

I got to Instant Buzz because I wanted to setup my Set And Forget account properly. Then of course, one thing leads to another.

My whole intention for today was to make sure that my Traffic Generating processes are up-to-date. Then, as usual, I got sidetrack because of a lot of things that needs to be done along the way.

Sheesh!

I can see right now why some new Internet Marketeers get so overwhelmed by the many things that they need to do that some may get confused. I am confused sometimes.

Yesterday night, I did an all nighter and manage to finish an e-book. More on that later.

One of the good things about not having the internet connection working at home is that I get a chance to read several e-books that I had downloaded that was supposed to help me in my IM business.

One of them was Ewen Chia's Money Making Nuggets that I am going to reproduce some of it here.

Later, when I have the time, I'm going to make some comments as what he says is significant to what is happening to me.

More of this in a separate post.

Okay, I gotta go. I feel right now that time is always slipping away from me. Always rushing to do things and not having enough time!

To Success!

Alief

Saturday, October 07, 2006

Alief's Internet Marketing

I was thinking that since I am going to be extremely serious about my Internet Marketing business, I might as well start a Blog to help me with my progress.

The reason for this is that sometimes I feel that I am not doing enough every day to push my Internet Marketing projects forward. I need something that is tracking my progress and what a better way than have a daily diary of sorts to do this.

This is my first entry and it will be a short one as I lay the reasons why I want to create my Internet Marketing blog.

So what is Internet Marketing?

Here is an explanation that I took from answers.com website:

Internet marketing is the use of the Internet to advertise and sell goods and services. Internet Marketing includes pay per click advertising, banner ads, e-mail marketing, search engine marketing (including search engine optimization), blog marketing, and article marketing.

Definition and Scope

Internet marketing is a component of electronic commerce . Internet marketing can include information management, public relations, customer service, and sales. Electronic commerce and Internet marketing have become popular as Internet access is becoming more widely available and used. Well over one third of consumers who have Internet access in their homes report using the Internet to make purchases.

History

Internet marketing first began in the early 1990s as simple, text-based websites that offered product information. It then evolved into advertisements complete with graphics. The most recent step in this evolution was the creation of complete online businesses that use the Internet to promote and sell their services and goods.

Business Models and Formats

Internet marketing is associated with several business models . The main models include business-to-business and business-to-consumer (B2C). B2B consists of companies doing business with each other, whereas B2C involves selling directly to the end consumer. When Internet marketing first began, the B2C model was first to emerge. B2B transactions were more complex and came about later. A third, less common business model is peer-to-peer (P2P), where individuals exchange goods between themselves. An example of P2P is Kazaa, which is built upon individuals sharing files.

Internet marketing can also be seen in various formats. One version is name-your-price (e.g. Priceline.com). With this format, customers are able to state what price range they wish to spend and then select from items at that price range. With find-the-best-price websites (e.g. Hotwire.com), Internet users can search for the lowest prices on items. A final format is online auctions (e.g. Ebay.com) where buyers bid on listed items.

Benefits

Some of the benefits associated with Internet marketing include the availability of information. Consumers can log onto the Internet and learn about products, as well as purchase them, at any hour. Companies that use Internet marketing can also save money because of a reduced need for a sales force. Overall, Internet marketing can help expand from a local market to both national and international marketplaces.

Limitations

Limitations of Internet marketing create problems for both companies and consumers. Slow Internet connections can cause difficulties. If companies put too much information on their website, Internet users may struggle to load the web page. Also, Internet marketing does not allow shoppers to touch or try-on items before purchasing them.

Security Concerns

For both companies and consumers that participate in online business, security concerns are very important. Many consumers are hesitant to buy items over the Internet because they do not trust that their personal information will remain private. Recently, some companies that do business online have been caught giving away or selling information about their customers. Several of these companies have guarantees on their websites, claiming customer information will be private. By selling customer information, these companies are breaking their own, publicized policy. Some companies that buy customer information offer the option for individuals to have their information removed from the database (known as opting out). However, many customers are unaware that their information is being shared and are unable to stop the transfer of their information between companies.

Security concerns are of great importance and online companies have been working hard to create solutions. Encryption is one of the main methods for dealing with privacy and security concerns on the Internet. Encryption is defined as the conversion of data into a form called a cipher. This cipher cannot be easily intercepted unless an individual is authorized by the program or company that completed the encryption. In general, the stronger the cipher, the better protected the data is. However, the stronger the cipher, the more expensive encryption becomes.

Effects on Industries

Internet marketing has had a large impact on several industries including music, banking, and flea markets. In the music industry, many consumers have begun buying and downloading MP3s over the Internet instead of simply buying CDs. The debate over the legality of downloading MP3s has become a major concern for those in the music industry.

Internet marketing has also affected the banking industry. More and more banks are offering the ability to perform banking tasks online. Online banking is believed to appeal to customers because it is more convenient than visiting bank branches. Currently, over 50 million U.S. adults now bank online. Online banking is now the fastest-growing Internet activity. The increasing speed of Internet connections is the main reason for the fast-growth. Of those individuals who use the Internet, 44% now perform banking activities over the Internet.

As Internet auctions have gained popularity, flea markets are struggling. Unique items that could previously be found at flea markets are being sold on Ebay.com instead. Ebay.com has also affected the prices in the industry. Buyers and sellers often look at prices on the website before going to flea markets and the Ebay.com price often becomes what the item is sold for. More and more flea market sellers are putting their items up for sale online and running their business out of their homes.

Recent Issues

In November 2004, a lawsuit was filed against Bonzi Buddy software. The lawsuit alleged that Bonzi's banner ads were deceptive. These ads often looked like Microsoft Windows message boxes. Internet users would run across the ads and when they attempted to close the boxes, they found themselves redirected to a website determined by Bonzi.

On May 27, 2005, Bonzi Buddy agreed to change the format of its ads so they did not resemble Windows message boxes. The boxes will now contain the word "Advertisement" so computer users know what they are looking at. The boxes will also no longer carry buttons that do not perform the correct actions.

Sales tax issues have also recently become debated. The current laws require that buyers of online products pay their state all due taxes on these goods at the end of the year, along with their other state taxes. However, most consumers do not appear to be making these payments. Thirteen states have now begun encouraging Internet businesses to collect sales tax on every sale. These states are currently not forcing the companies to collect the tax. However, it appears that if companies do not begin collecting the sales tax on their own, states will begin forcing the companies to do so. The states are claiming that each year they lose $15 billion in unpaid sales taxes associated with online purchases.

See also

Hopefully, that explains what Internet Marketing or IM is all about.

Next post, I'll be putting up what is my strategies of earning an income from IM.

To Success!

Alief