Internet Marketing Blog

Turning Wealth Affiliate Websites Into Cashflow

Posts Tagged ‘Income’

Where Does Your Time Go?

Thursday, May 22nd, 2008

Where does your time contribute mostIf you know the answer to that one, then you’re an exceptionally well organised internet marketer. If like the rest of us you’re struggling to find an answer, then it’s time to figure out how much of the time you devote to your internet marketing activities is actually well spent.The best way to get your answer is to keep a blow by blow timetable for the next couple of weeks.

Write it all down – from the moment you sit down at your computer to the moment you switch it off again. What sites do you visit and why? How long do you spend checking your emails? How much time do you devote to promoting your products and/or services? How much time do you spend looking for new products to add to your current range?

Income From Internet Activities

You might be surprised – and shocked – by the amount of time you actually spend working towards your goal of building a substantial income from your internet activities. Chances are it’s much less than you think.

The first step towards becoming more efficient is to become more aware of how you are spending your time. Make a list of the activities you do that really move you towards a bigger income from selling products and services online, and try and spend the majority of your time on those activities. The more things you can automate the better. If you use an autoresponder, block out an afternoon each week to write four emails that can go out weekly for the next month, for example. They can then be loaded onto your autoresponder in advance and sent out at weekly intervals.

You might be like me and tend to overestimate how much time it takes you to do certain jobs; over time you will be able to plan your timetable much more efficiently as you get the hang of how you work. Just be sure to use the information you glean from your efforts to structure your days more profitably.

Sean Rasmussen
Internet Marketing Blog
WealthCreationAffiliate.com © 2007 - 2008

Why Have One Stream When You Can Have Several?

Thursday, May 8th, 2008

Why settle for one income streamAffiliate marketing offers a great way to make some money online. You can start off as small as you like and gradually build your range of products to suit the needs of the markets you are interested in. But there is a danger in affiliate marketing that you can get bogged down with maintaining one avenue of income and not get around to creating any others. That’s a shame, because income streams are the lifeblood of affiliate marketing, where you can literally have as many as you like to meet your needs.

It makes sense to perfect your first affiliate marketing income stream and ensure that it’s fairly self sufficient before turning your attention elsewhere, but once it is doing its job you should make a point of sitting down and creating a plan of what you did and how you achieved it.

You can then use this plan as a blueprint for building your second and subsequent income streams in your affiliate marketing career.

That’s not to say you cannot learn and develop of course

What works for one product or service may not work as well for another, in which case it’s a good idea to sit down and analyse what changes need to be made. As long as you recognise them and learn from each new experience, your affiliate marketing career can continue unabated.

In general though you should know what works and what doesn’t after a while. The best rule is to build one new stream at a time, so that you can ensure it is set up properly and will perform well right from the start. Once you get used to doing that you’ll be able to avoid the problem of setting up several new ventures all at once and not doing what’s necessary to make any of them succeed.

Sean Rasmussen
Internet Marketing Blog
WealthCreationAffiliate.com © 2007 - 2008

Have You Thought About Branching Out?

Monday, April 14th, 2008

Once your online business starts to develop, you’ll naturally stick with the things that are working and ditch those that aren’t. After a while you’ll find you have created an online business that is uniquely yours. Congratulations are certainly in order for getting to this milestone, but where should you go now?

The internet is an ever changing place

It’s rarely the same from one minute to the next, as entrepreneurs and webmasters discover and try out new ideas for promoting their wares and reaching more customers as a result.

That’s why anyone who stays the same automatically gets left behind.

You should never settle when your livelihood is dependent on running a successful online business. What’s more, the act of continually exploring and trying out new ideas for earning money online keeps you fresh and alert, and encourages new income streams and developments.

Branching out from your current ventures may seem a little nerve wracking, but it shouldn’t jeopardise what you already do. Look on it simply as a way to explore other possibilities for developing your business in new directions.

Some internet marketers run different websites on completely different subjects, and keep the two apart. Others develop different areas of the same subject and link them all together to strengthen the overall effect.

There is no right or wrong way to run an internet business, provided it is honest, trustworthy, doesn’t break the law and makes money. That’s a pretty large area within which to operate, and it would be a real shame if you decided you weren’t going to branch out in some way.

Even if you don’t feel like now is the time, it’s worth starting to consider ways in which you might like to develop your business in the weeks and months to come.

Once you start thinking along these lines you’ll find it hard to stop.

Sean Rasmussen
Internet Marketing Blog
WealthCreationAffiliate.com © 2007 - 2008

Large Streams Or Small?

Tuesday, April 8th, 2008

We’ve all heard about the phenomenon of multiple income streams, and how they are transforming the lives of hundreds of thousands of people who have taken to working from home.

But does it matter how big (or small) these income streams are?

Several streams of income large and smallThe whole idea of having several streams of income is that it protects you against the consequences of losing one or more of them at the same time. If you’re in a regular job and that’s your only source of cash, you’ll be in instant trouble if you lose it. But if you have a dozen or more income streams and you lose one – or even two or three – simultaneously, then all you’ll experience is a slight drop in income. You still have plenty of cash coming in to meet all your needs. That is the power of having multiple income streams.

Now it’s obvious that large income streams are better than small ones

But you shouldn’t dismiss the opportunities that small income streams can bring. The fact remains that if you add a dozen or so small streams together, they can form quite an impressive river of cash that you would certainly miss if it didn’t exist.

The key is to look for small income streams that you can automate, and this can be quite easily done online. For example, if you have your own website you can put Google Adsense on it. You might only get a few dollars a month from it, but it won’t require any work at all after it is set up, so why turn down a few dollars for nothing?

So keep an eye out for small income streams as well as large ones, and use them to bump up your overall earnings online. It’s surprising how much difference a few dollars can make.

Sean Rasmussen
Internet Marketing Blog
WealthCreationAffiliate.com © 2007 - 2008

Do You Have Passion?

Saturday, March 29th, 2008

Do you have the passion for internet marketingPeople are drawn to passion. It seeps into everything and becomes irresistible to those who discover it. We might be talking about the greatest love story of the century, but in this case we are referring to the enthusiasm you should be feeling about your particular niche in internet marketing.You might be surprised to hear this, but choosing which products to promote purely because they bring in a huge commission every time someone buys one isn’t the best way to go about establishing an income for the long term.

Okay, you might make some real cash by doing this

How much are you really going to enjoy the process of getting it? Why not try and find products related to a subject area you are really genuinely interested in?

By doing this you are guaranteed to become an expert in that subject – that will bring in a bigger audience for whatever it is you are promoting. You will also deepen your knowledge and natural level of interest in your subject – which could lead to more opportunities for building and profiting from your knowledge in the future.

Just imagine being able to spend all day writing books and articles about your favourite subject to sell online. Lots of internet marketers do just this, and they aren’t the ones who are still working a full time job as well.

There is something infectious about reading something written by a person who has a real knowledge and passion about something. You can tell when that person loves what they do and has a real desire to share that knowledge and help others in the process.

Now that is the kind of person you are most likely to buy something from, wouldn’t you agree?

Passion really can ignite your business and send it soaring, so make sure you choose your subject carefully.

Sean Rasmussen
Internet Marketing Blog
WealthCreationAffiliate.com © 2007 - 2008

How Do You Find Good E-Book Ideas?

Saturday, March 15th, 2008

E-book ideas can be found all around us.  But good e-book ideas are a little harder to track down.  How do you know what makes a good seller?  How do you know you’re going to be writing something worthwhile that is going to make some sales for you? If you’re up for a spot of writing then you need to be up for a spot of research first.  Check out what’s currently selling in your area of expertise online.  What makes them so successful?  Most e-books have an angle on things that no other e-book has got; you need to be able to write something that’s unique and fills a gap in the marketplace. 

Certain subjects will always be popular

Think about making money online, working from home and making a second income in general.  But you still have to have a great idea and a new angle to make it work for you. People always love step by step guides that reveal lots of tips, tricks and tactics for succeeding where they might previously have failed.  Making it easy for people to give something a go and providing proof that it really can be done work well in virtually every single e-book you will read. If you have a niche you’re interested in explore it thoroughly and see if you can figure out what’s missing. 

Pay attention to what your current contacts and customers are telling you too.  But be aware that a gap in the market could mean someone’s already tried to sell something to that area and failed. There’s always room to publish another book on a subject that’s already been done to death, but you still need a good angle to make it fly.  Self-publishing means you could publish anything if you liked, but it’s wise to check there’ll be an audience for it first. 

Sean Rasmussen

Internet Marketing Blog

WealthCreationAffiliate.com © 2007 - 2008