An Efficient Way To Set Up An Online Business

General information on starting up an online business

I get commissions for purchases made through links in this post which support my online business.

Is It Worth Starting Online Business?

With so many online ventures failing, you may wonder, is it really worth considering setting up an online business? The answer to this is yes: internet-based companies are still on the increasing 25% – 30% year over year. Even the economic slowdown in recent years has not hindered this increase.

According to an annual report on internet trends by a top market Research Company; almost two-third of Internet users in the United States have by now purchased a product or service online. That’s a dramatic increase from 2000.

While the hype over the new economy is maybe over, one thing is certain the internet has changed the way we do business. Many companies are now starting to grasp that their very survival may be in jeopardy if they are slow in implementing their internet business model.

However, the question remains – is there an efficient way to do business online?

Below I have outlined some components crucial to any online venture. While these might not be the only vital components of web-based business, understanding them properly will significantly increase your chance of being successful with your online venture.

The main component you need is a business plan, one that makes sense and has been fully researched.

A recent AT&T report of successful entrepreneurs shows that businesses are more likely to be successful if they have a business plan. With a business plan, you get a better picture of your planned venture. So, before starting your online venture, take time, and write down what you are intending to do. Product or Service If you are a brick and mortar company merely attempting to increase the sales of your products or services on the Internet. You at least don’t have to think about what to sell.

You can sell nearly any product or service on the internet; there are even incidents of people buying corporate jets online business!

If you are serious about opening an online business, finding a product or service that suits you should not be very difficult.

Knowledge base goods like e-books, how-to-reports, and hard to find information, do well on the Internet drop-ship items are also plentiful on the net. Thanks to the worldwide customer base of the internet, finding a manufacturer for any product that you plan to import to your country or export from your country has become a lot easier. If you have the expertise, online services related to web design, travel arrangements, etc. Are also good areas. Internet gambling is also a very good area to investigate.

The look and feel of your website are important as potential customers will decide whether to do business with you or not based on the first impressions of your website, it is vital to have a professional-looking website with enriched content.

You can decide what type of online website you want according to your situation online business

There is a vast range of choices. Starting from a completely free website you can spend thousands on a more advanced site.

Understand SEO (Search Engine Optimization) this is very important, setting up your site so it is fully optimized for search engines is vital. Many companies will offer their services to optimize your site; however, it can be done by researching the subject before developing the site.

Many quality portals permit you to have products and services displayed on a single page web site for free. Many businesses to business portals offer this kind of service. However, for real-time transactions, you will still need e-commerce websites.

For a small monthly fee, you can have the facilities necessary to run a full-fledged electronic storefront and build it yourselves from easy to use templates.

If you go for this type of service, compare and see who has most of the features for the best price. Shopping carts form an essential part of e-commerce sites, they allow you to accept purchase orders for many products or services.

What’s A Shopping cart?

The term “Shopping Cart? Is taken from real-life shopping terminology to help users understand the actions available to them. Like in a supermarket a person can add items to a shopping trolley, or remove items from the trolley or adjust the amount of the items as per requirement before checking out and making a payment.

Access to the shopping cart should be clearly evident. There should be numerous entry points to the cart. Add, remove, and adjust the quantity of the product features should be prominent on the cart page. The article’s name should have a link to the description of the product. There should be a way of saving items for future purchases. Shipping and other costs should be clearly stated before the payment process starts. Order forms should be simple and clear. All payment options should be explained clearly. The ordering process should be done through a secure server. You know you are on a secure server when the URL of your browser indicates “HTTPS:”. The s at the end of HTTP stands for “secure”. Merchant Account 90 percent of all online retail sales take place through credit card transactions.

Even if you already accept credit cards for your offline transactions, that may not be enough. Although, you can take many precautions to reduce online credit card frauds; credit card companies still consider Internet transactions to be riskier than offline transactions.

Which Merchant?

There are numerous merchant account providers on the internet. Carry out some investigation before you sign up with any of them as their terms and conditions vary significantly.

It is definitely good to have a merchant account however that does not mean you can’t sell products or services without one! There are numerous other payment options available on the internet. The most popular of them are PayPal, e-gold, e-bullion, etc.

If you would like to have an efficient online business, remember that old values still count. Proper planning, uncompromising customer service, integrity, hard work, and persistence eventually will make your business successful.

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$3 Million in 6 Months With Adsense!

The Power Play Interviews: Markus Frind- $3 Million in 6 Months

Hines Reviews, Interviews:

I get commissions for purchases made through links in this post.

Markus Frind- $3 Million in 6 Months

This is the first in a series of Internet Millionaire Stories that you will begin to see on Hines Reviews. Hope you enjoy them!

Markus Frind, the creator of Plentyoffish.com is a success story worth noting, as he has managed to take a niche formerly ruled by giant corporations and give it his own brand of marketing savvy. A case of David vs. Goliath, where the little guy comes out on top in the end. Markus is the top “individual” AdSense publisher in terms of page views. Let’s find out what some of his secrets are as he shares some advice with our readers. Feel free to comment!

millions made on one website

Markus, what is your experience in computer programming and how did it prepare you for becoming a webmaster?

The average page views a day is around 14 million for the last week. I’m getting another 80 million page views a day from users polling the site to see if they have new messages. Really intensive bandwidth wise!

When I go to your website, I notice that the ads are targeted to my region, yet I have not even registered- can you explain to our readers how you accomplish this feat?

I’m just using ip2location.com Basically I take your IP, look it up in the database and it tells me what your city is. I then bring up a list of users in your city, nothing magical about it at all.

Are most of your visitors coming primarily from search engines (SERPS), or are you finding that they come from other avenues? Do you actively advertise in the media?

Search engines account for something like 2% of my traffic. The vast majority of my traffic, like any other site with over 5 million page views a day comes from word of mouth, and repeat visitors.

using SEO to make millions

The services on your site seem to be offered at no cost to the registrants. Is there some advantage you have over your competitors that allows you to do this?

I’ve developed new algorithms that allow me to create a mega-site for next to no cost. Several years ago I created an algorithm that was thousands of times faster than the algorithm used in the 1990s to find a string of 22 prime numbers. At the time a professor used several supercomputers and hundreds of regular computers over the course of several years to find a record. I did the same thing on 1 computer in 2 weeks.

Fascinating! Are there any other sites you currently maintain or is plentyoffish.com the only one?

It’s the only site at the moment. I’ve got a few other sites I registered for friends so they could learn to do marketing/affiliate stuff. At this point, I think 1 site is enough.

making millions online

Any tips for those looking to create a profitable endeavor on the internet?

IF someone else thinks what you are doing is a cool idea I’d say it isn’t… Find something no one else thinks is important and build up a site with big traffic in that area. Also, keep in mind, sites that have low monetization today but have traffic may be the gold mines of tomorrow. In the internet world, anything and everything will be monetized at some point and traffic is king.

Traffic is King- very wise advice, Markus. One last question- How do you find the time to maintain such a large commodity on the internet? Surely you must have some other interests in life besides programming and website monitoring?

It only takes an hour a day on average, but it’s very tiring work. I spend the other couple of hours reading and seeing what is going on.

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10 ways to make money as a freelancer

I get commissions for purchases made through links in this post.

Why Become A Freelancer?

The technological revolution has brought changes everywhere and the same is the case with earning as well. As days are passing online earning and work from home trends are also increasing. Who does not want to earn instantly with little skills? There are certain platforms on the internet that are claiming that they are providing the best ways to earn online through computers however the reality is different. Here we will not confuse our readers by discussing other platforms, but we are going to discuss the easiest ways to make more money from home. So if you want to earn money online, then you have landed in the perfect place where we will not tell the names of the best ways but also a complete roadmap to earn online money easily. Before discussing these easy methods, let’s get the basic know-how of online learning methods.

Active and passive income as a Freelancer

There are two ways to earn money through the internet; One of which is active income methods and the other is passive income methods, Active income means that you are doing some tasks and exerting your energies to complete this task so you are earning money because of your skills while passive income means that when you earn money with little or no efforts. In this article, we will learn both methods, but our readers will be able to explore some methods, especially wherewith little or no efforts they will be able to earn thousands of dollars. So let’s find out how actually a person can earn through a computer with or without any skills.

What is Freelancing?

Freelancing is basically considered as a contract based job where you can provide services to different clients due to your skills. Freelancing is basically different from the traditional marketplace where you are recruited by any particular organization. According to a survey due to its benefits about 43% of the US workforce will be freelancers by 2020. So let’s discuss a few of its benefits;

Benefits of a freelancer

  1. The first and foremost benefit of freelancing is that you can work whenever and wherever you want with a flexible time schedule. Whether you want to work in day time or night time, freelancing will help you to set flexible working hours.
  2. The second benefit of freelancing is that you become your own boss means you do not have to answer anyone. You just have to satisfy your client’s requirements and you can decide them according to your ease.
  3. It is one of the best sources of income and you can earn a handsome amount of money with freedom.

There are many other benefits of freelancing, but today we are going to discover the easiest ways to make money online. There are many freelancing platforms available such as Fiverr, UP Work, Freelancer.com and Guru.com, and so on but some of these platforms require highly skilled professionals but don’t you worry if you want to earn money through a computer without any skills. So let’s discover the easiest ways to earn online;

10 easy ways to earn money online as a Freelancer

Fiverr is one the leading freelancing platform where you can offer hundreds and thousands of digital services such as graphic designing, video editing, content writing, and much more. As we have discussed earlier the active income so this is the platform that is not only a source of active income but learning a few tricks can make it a source of passive income. After signing up on the fiverr.com, a person has to make the gig on that platform. 

The gig is the description of services that you are going to provide as creating a successful gig depends upon several factors.  Fiverr is considered to be a saturated marketplace where we have to compete with users from all over the world so we have to rank our gig among these users so buyers can easily approach the gig.  Today we will discuss some gigs where there is low competition and with little or no efforts you can easily earn money online. So let’s discuss these 10 easy ways to earn online.

  • Audio noise reduction freelancing

Sometimes when we make audio then after making it, we realize that there is noise in the background. So, Fiverr is providing the opportunity to you the service to offer gigs about noise reduction. If you are the one who is thinking that how it is possible to remove noise through the audio without skill? Yes, it is possible you just have to visit audiodenoise.com and after a few clicks, you will be able to upload a file to that platform. This platform offers amazing features and it is completely free of cost as well. So this will hardly take a few minutes and you will be able to earn money online without any skill. 

  • Image Background removal freelancing

As the name shows that you have to remove the background of images and earn money with little effort. If you are thinking that you will require Photoshop expertise to do this task then you are wrong. This can also be done by using a website known as Removebj and this is also a free platform as well. You just have to click on the link email to https://www.remove.bg/ and it will redirect to the website. After uploading the particular photo this platform will not only allow you to remove the background but also you can change the background as well.

  • EBook formatting and layout designs freelancing

Making the EBook design and layouts can be problematic for many people, but you can easily design and earn money online with a simple trick. This demanding service can be easily done through the platform Canva. You just have to click on www.canva.com and search EBook designs and here with little efforts, you will be able to sell beautiful design. 

  • Instagram stories freelancing

Designing Instagram stories is also a demanding and a low competitive job on a feverr, so you can easily earn money online with little efforts. Designing Instagram posts and earning from them can also be possible with the help of Canva. You just have to visit the homepage of Canva and you will easily find thousands of Instagram templates where you can make unlimited Instagram posts free of cost. So sell these Instagram stories on Fiverr so this is the way you can earn online without any skill.

  • Instagram #Hashtags as a freelancer 

Whenever you scroll on Instagram you will notice certain Instagram Hashtags. You can earn money online by selling these Hashtags on Fiverr as well. If you do not know how to search for these Hashtags then here is the solution for it. You just have to click on www.all-hashtag.com/hashtag-generator.php and you will enter the topic and targeted audience. You will find some relevant Hashtags within a few seconds that you can easily sell on Fiverr.

  • YouTube Thumbnails as a freelancer 

YouTube Thumbnails are one of the basic requirements of YouTube videos and this can easily be designed on the Canva. You just have to search for YouTube thumbnails on the home page and you will easily design this thumbnail free of cost and sell it on Fiverr gig.

  • Facebook posts as a freelancer 

Designing Facebook posts is one of the easiest methods to earn money online. You just have to make an eye-catchy Facebook post and then sell it to your client. There are many ways to design Facebook posts. However Canva is the easiest way where you can design these posts and sell it on Fiverr. 

  • MS word as a freelancer 

If you know the basics of MS Word Fiverr is the best platform where you can earn money through it. There are lots of gig making options for MS word on Fiverr such conversion of files, typing and formatting. With a MS Word gig there’s not only low competition but it will help you to earn thousands of dollars online as well.

  • Fiverr Thumbnails as a freelancer 

Some people are working on the Fiverr but they do not know how to make thumbnails for their gigs. Not only low competition work on Fiverr but it is one of the best ways to earn money online. If you do not know about thumbnail making, then do not worry because Canva is again here to rescue you. Design the thumbnail on Fiverr and you will be able to design excellent quality thumbnails with little efforts.

  • SEO report as a freelancer 

SEO report is one of the basic needs of those people whose focus in one the ranking of their website. So SEO report is one of the necessary things that every website owner can require. Making gigs on Fiverr concerning this service can be very paying and it can be done easily with one mailto:https://seo-analyzer.h-educate.com/website. You just have to click on the link and within a few seconds, download an SEO report from this website.

 

Conclusion;

Trends in earning money are changing day by day and freelancing is the best method to earn money with computer. In this article, we have discussed freelancing and 10 easy ways to earn money with little or no efforts. Make sure that you pick one gig and focus on that one. If you start out doing too many gigs it can get overwhelming really fast. People will also assume that because you have so many gigs that the work won’t be good. This is because they won’t believe that you’re good since you’re more of a jack of all trades. So stay away from starting to many gigs, focus on one and grow from there!

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How to make money as an affiliate marketer 

I get affiliate marketing commissions for purchases made through links in this post.

One of the simplest ways to make money online is through affiliate marketing. Affiliate marketing is a quick way to make money while you sleep all you need is a website or social media. Affiliate marketing is one of the recommended ways of monetizing your website. If you get everything right in affiliate marketing, chances are you will make huge profits. However, there are basics you need to understand before embarking on your affiliate marketing journey.  

In this blog, we have all the aspects you need to know from scratch. While searching the meaning of the term affiliate marketing, you will get tons of importance, but the whole issue is about generating income without hassle. But, first, there are some aspects to understand because affiliate marketing is far much complicated. Worry not here; we will break everything for you.

What is affiliate marketing?

Affiliate marketing refers to where a company or retailer pays you a commission for driving traffic or sales to his or her business. In affiliate marketing, your major task is to go the customer to someone else website by referring to their services or products. It is a model of making money which can be referred to as a channel.  You get to partner with various brands, companies, or individuals to refer to you as an affiliate or partner. 

After an affiliate marketer, you will be marketing someone else business, services, or products and enticing the customers visiting your website to buy the services or products. You will earn after the referrals buy the service or product according to the agreed commission percentage. Affiliate marketing is, in a way, an intrusive way of advertising on behalf of some else, but there are no visual advertisements. 

Top players in the affiliate marketing 

In affiliate marketing, there are crucial players you need to know about because you will be interacting with them. 

Brand awareness as an affiliate marketer

Brands are vital plays in affiliate marketing. These are companies or businesses which offer the products or service you as an affiliate you will be advertising on their behalf. Examples of brands include travel companies or agencies, e-commerce stores, subscription services, and more. 

Affiliates or Partners

Affiliates are the second player in affiliate marketing, and it refers to the partners with brands. The affiliates can be bloggers, social media influencers, mobile apps, media sites, among others. Note affiliates apply to advertise products and services according to the niche more so if you own a website; for instance, if you have a traveling website or blog site, you will be an affiliate marketer to services and products related to travel. 

Affiliate Networks

The third player is affiliate networks. They are vital because they take care of all reporting, tracking, and payments to affiliates or partners. They ensure affiliates gate paid for all successful referrals they make. Besides, affiliate networks also offer management services. 

Additionally, affiliate networks provide other services, such as giving brands access to a network of affiliates who are willing to join their network. On the other site, the affiliates have also given a chance to a hundred, if not thousands of available affiliate programs. 

Software as a Service (SaaS) Platforms

The SaaS platforms offer affiliates tracking, reporting, and payment services. Hover, they don’t offer management services or access to network affiliates to brands or affiliates. The main focus of SaaS is on the technological aspects. You can only choose either SAAs or Affiliate Networks as your technology assistant but not both. 

Agencies 

Agencies are the ones who oversee the relationship between the brands and affiliates. They ensure a smooth relationship between the two by managing the day-to-day operations and strategizing the affiliate program on behalf of the brands, including recruiting affiliates, moderating the relationship, activation, and optimizing.  Agencies work directly with affiliate networks, affiliates, brands, and Saas platforms

Customers

Customer is also part of the players in affiliate marketing because they are the ones who generate revenue for affiliates. The customers are directed by the affiliates to buy certain products or services, and after they purchase, the affiliates make money. 

What it Takes to be an Affiliate Marketer

To get started as an affiliate marketer is simple hut you will need to have two things; 

  1. Website 
  2. Affiliate products to advertise or promote 

Here are more details on the two requirements. 

  1. Build a Website or Blog for Your Niche

To start making money as an affiliate marketer, you need first to have a website. Today you don’t need to be an IT expert to create a website. There are various available options you can opt to create a professional website. Despite all the available options, WordPress is the easiest and recommended if you are a starter. You can build a WordPress website within minutes at no hassle. 

The advantage of using WordPress is that more tools are available to help you on top of other websites. With a WordPress website, your site is faster, functionality is on point, and there is a better user experience for all your visitors. 

  1. Affiliate Products advertise or promote

After you have built your website, the next requirement is to decide which products you will be promoting through your website. It is easy to choose which products to be promoted because it depends on your website niche. Don’t be tempted to choose products not related to your niche or the content on your website. The ideal way of selecting which products to promote is through enrolling in an affiliate marketing network. 

As earlier mentioned, the affiliate networks are the ones which do connect the brands and affiliates so as both can benefit. The affiliates use the affiliate network to select the products to promote as per the content on their website. 

More so, the affiliate networks provide you, the affiliate, with data on how well to promote the products, and this boosts your chances of selling more as an affiliate marketer and make more money. 

Some of the best affiliate networks out there include; 

How to Make Money with Affiliate Marketing

Now that you have all the requirements to get started as an affiliate marketer, it is the right time to know how to make money with affiliate marketing. It is the most important part because after the hard work you will be expecting to earn. Here is how to make money as an affiliate marketer

Create Great Content 

The first step to making money as an affiliate marketer is to create attractive content. Several people overlook this first step, publish content, and then insert affiliate links within the blog or article. It is the wrong approach. To the few lucky, they may generate a few sales while others may not work at all. 

 If you wish to generate money from affiliate marketing, you have to create unique and top notch content. It is the content that does attract customers to your website, not the affiliate links. 

The content you post on your website also determines whether your target audience will buy the product you are promoting or not. Most of the time, the buyer or target audience doesn’t know which product to buy. Through your publishing stellar content, you will be able to convince them to buy the product you are promoting. 

The content you create as an affiliate marketer should be helping the target audience make a purchasing decision then add an affiliate link where the customer will click and be redirected to complete the purchase. Then you will earn a commission. 

Add links to products you are promoting. 

After creating quality content and relevant to your website niche, the next step is to add affiliate links in the content. Try to add these links naturally. First, you need to tell the target audience why to buy the products by answering directly to customer problems.

You should first do keyword research to know what the customer is searching for and then create content giving a solution to the problem. Afterward, it a time when you will add the affiliate links. 

Where and when to insert the affiliate links depends on the content you have created. It is not good to add like 10 links to like 500 words article. So the number of words or the number of products you are reviewing determines the number of affiliates you can add. However, the main goal is to add the links strategically to attract the audience’s attention. 

Turn your audience into potential customers.

It is time now to generate revenue through the links you have added to your posts. But you need to get traffic to your website. The good news is that you don’t need a huge amount of traffic to generate money. No matter the number your visitors you get, you can still make money. 

Optimize Your Existing Traffic

To generate a huge amount of revenue from your visitors, you have to optimize your website’s traffic. One way to optimize your traffic is to adopt the 80/20 rule. If you don’t know about this rule, it suggests that from your 20% content, you should get 80% profits. It may sound unattainable, but the rule stands firm with its basics well outlines. You have to identify your website’s content with high traffic and prioritize it and add enough affiliate links. 

Affiliate marketing success stories

Now you do understand how to make money as an affiliate marketer. We want to show you Successful people in their venture as affiliates. These examples demonstrate you can make money through affiliate marketing if you do it the right way, as explained above. 

Below are 5 people and websites which have successfully earned money through affiliate marketing. They pose as good examples to envy and also as a source of inspiration. 

Hieu Nguyen

Hieu Nguyen is of the leading affiliate marketer from Vietnam. He worked as a software developer before embarking on selling products as an affiliate.  

There is a lot to talk about Hieu, but his success is from creating websites that target unique Amazon products. He sold $17,500 for one of the first sites he created to make money with niche sites and sell Amazon products as an affiliate. Amazon affiliate program is one of the affiliate programs to consider. 

The Wire Cutter

The Wire Cutter is a big business that sold 150 million dollars in 2015 through affiliate marketing. In the field of affiliate marketing, this is a huge figure. More than 1 million visitors are currently drawn to the website every month. They write reviews of items like new devices, outdoor equipment, and fitness and wellness items.

One of their performance reasons is the thorough examination of all the items they review to generate genuine evaluations. These goods are not only worth pointing out the positive things; they also detail the weaknesses.

Chris Guthrie at UpFuel

Chris’s story is inspiring since he started affiliate marketing. At some point, he sold out his well-performing affiliate website and made a 6 figure amount. He used to share knowledge, strategies, and wealth tips through the website, which attracted a huge number of visitors on the website. 

He has made much money selling for various products online and is one of the best examples of success in this field, operating mostly with the Amazon affiliate program. It also hosts an online marketing podcast from different authority figures and experts, so you can also learn from him.

TripAdvisor

TripAdvisor, perhaps one of affiliate marketing’s greates success stories proving affiliate marketing, can help you make you money. Most people don’t know TripAdvisor to be an affiliate. With around 116 million visitors a month, it is a perfect location for visiting the world’s best places to see restaurants, hotels, and everything else.

Travel companies primarily produce Their money, and high-quality goods are sold. There may be a bigger name missing in this post, but they’re a perfect example of a proper affiliate marketer.

Darren Rowse at ProBlogger.net

Problogger.com is a renowned platform for affiliate marketers to benefit from different techniques and to enjoy them. He has long been an affiliate marketer and has developed a prosperous career since the early 1900s. 

To date, he has made over £550 million and focuses primarily on products from Amazon. With only a few websites, he became one of the people responsible for affiliate marketing and a fantastic success story that motivates everyone.

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