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Big 6 Online Business Model - Online Network Marketing

Here comes another online business model that may be profitable to you. I bet you’ve heard of Multilevel Marketing or MLM in offline business. Network marketing is not something new; it just another term for MLM.

If network marketing is your cup of tea, then you must learn to explore new opportunities by promoting network marketing programs on the Internet. And of course, network marketing got its own strengths, weaknesses, opportunities and threat… Let’s discuss!

Strength: Similar to affiliate marketing, you don’t need to see anybody and promote your programs online. You have the entire world’s Internet users as your prospects for your downline groups.

Weaknesses: Building a network marketing business online is prone to being impersonal. Make sure you do not adopt a ‘build and burn’ mentality.

Opportunities: You can easily recruit more people online compared to doing something offline (where you are limited by time and space). Internet is limitless…

Threats: Downlines are not as loyal as they used to be due to the abundance of opportunities available on the Internet.

Recommended Resources:

  1. Sign up for a network marketing prospecting system that will help you to generate lots of fresh leads while making money at the same time.

To be frank, I’m not into network marketing, that’s why I don’t really have many recommended resources. But you might want to try out the network marketing prospecting system.

Next update I will talk on niche marketing. This is an interesting topic and it became so hot recently! Visit this blog in next few days for the update!

See you!

Big 6 Online Business Model - Affiliate Marketing

Sorry guys… For two weeks I did not update this blog. I was busy with my college’s final exam and now it’s over!

I’ll continue with the Big 6 Online Business Model topic and today we’ll discuss about affiliate marketing.  Affiliate marketing is one of the most lucrative models on the  Internet. You can promote other people’s product and get commissions for your efforts without seeing a single customer or talking to anyone.

But Dennis, what are the strengths, weaknesses, opportunities and threats for this business model? Just read on, and you’ll find out…

Strengths: You don’t even need a domain name or website in some cases. You can earn huge commissions from up to 50% to even 100% commissions! You don’t need to focus on creating products - just drive traffic to the merchant site and watch your income roll in (if you do it right of course).

Weaknesses: You will need to search for a good affiliate program and build up traffic in order to see results.

Opportunities: There are unlimited opportunities because there are always new products coming out each day and affiliates are needed everywhere!

Threats: You are competing against THOUSANDS of affiliates out there and those affiliates are your competitors. Some programs even offer two-tier program and established affiliates probably have dozens of affiliates under them as well.

Recommended Resources:

  1. Register as an affiliate at Commission Junction, ClickBank, PayDotCom or/and Amazon. Find good products to promote! By the way, it’s all free!
  2. If you’re new to affiliate marketing, you should try out Clickbank Profit Machine by Dylan Loh! This is a step-by-step program designed for newbies and intermediate marketers where you will learn how to make massive money from ClickBank - Sounds hyped, but seriously you need to check it out yourself :)

That’s all for today! I hope you’ve learned something from this article today. In coming update, I’ll discuss with you on the third online business model, Online Network Marketing - also known as Multilevel Marketing or MLM.

If you have something to add or comment about affiliate marketing model, please leave your comment below.

Talk to you soon!

How To Build Your First 1,000 Mailing List Fast?

If you’re struggling to build your first 1,000 subscribers list, then you should take note of this article.

Many marketing guru told me that “money is in the list!” but how to build my first mailing list?

The answer is simple. Participate in Joint Venture Giveaway Event. When I first started-out, like you with zero subscriber, what I did was participate in a few giveaway event and the end result was I rake in about 1,000 subscribers! Great?

But what is this Joint Venture Giveaway Event?

In a nutshell, JV Giveaway Event is an event where a group of Internet marketers joined together and offer their products for free! Visitors will only get to download the products after they subscribed to the marketers’ mailing list. That’s how the whole system works!

Besides that, you can also make money from the event - this is called, ‘back-end sales”. What you can do is offer your subscribers an “One-Time-Offer” or OTO. If you don’t have any product to offer, you can always direct them to your affiliate sites.

But where can I find these give away events?

Do a search at Google and you’ll find a ton of such event. But you should be careful in choosing those events. My suggestion is choose the high quality and reputable giveaway event.

Anyway, one of the most popular giveaway events is Greedy Giveaway Event by Jason James and Brian T. Edmondson. And so lucky, now they’re inviting JV partners for this great event.

If you’re interested, here’s the private JV invitation link:
>> http://www.dennissim.com/presents/JV-GreedyGiveaway

P.S. This is Invitation-only JV event and they’re closing their door soon. So, be hurry!

If you have anything to add, please leave your comments below :D

Big 6 Online Business Model - Blogging

A big question here: What are the big 6 online business model?

In online business, there are six most popular and profitable business model that you can follow. The six model are blogging, affiliate marketing, online network marketing, niche marketing, freelance services and internet marketing niche itself.

I will briefly explain each model and provide you some tips on what opportunities may be suitable for you and how you can strategize your way to build your income online so that you will be able to quit your job.

Today I will start with the first model, blogging. Blogging is one of the easiest models that someone can attempt. Almost anyone can become a blogger. Even those who can’t write can use the picture blog method or photoblog.

What are the strengths, weaknesses, opportunities and threat for this model? Read on…

Strengths: You can blog about anything you want! Focus on your passion and share your thoughts with the world. If you have great content, people will come to your blog and you can monetize through advertising or affiliate programs. The startup cost is only $9 for a domain name and it costs about $5-9 a month for the hosting to maintain this business model. You can even register some blog for free such as Blogger.com and WordPress.com.

Weaknesses: It may take a long time to build up traffic - an average person who blogs regularly but slowly may quit his or her job within one to two years. If you want to achieve freedom in half the time, you have to blog and network with other bloggers more aggresively.

Opportunities: You may not be able to see yourself making money at the start, but to offset that, you can blog for others (for a fee) or even sign up for Pay Per Post and get paid for blogging!

Threats: There is a blog born or created every Two Seconds. So you can imagine how much competition you are going up againts!

Recommended Resources:

  1. You can register your domain with NameCheap.com. I registered all my domain with them and so far no complain. Tips: Google for “NameCheap Coupon” then you’ll get a discount for your domain.
  2. As I mentioned, you need a hosting account to maintain this business model. If you’re just started in online business, I’d recommend HostGator.com. They provide excellent service and high response support.
  3. If you can’t drive a decent traffic to your blog means you can’t generate money from your site. I’d recommend Atomic Blogging to discover how you can drive tons of traffic to your blog easily and start to make more money online.

OK! That’s all for blogging model. In the next update, I’ll discuss with you on the second business model, affiliate marketing. Affiliate marketing is one of the easiest and fastest way to make your first dollar online!

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Easy Audio Products Review

Easy Audio Products is a comprehensive guide by Gobala Krishnan designed to teach people how to convince the gurus to create audio interview with you and achieve instant fame and riches!Easy Audio Products

Product: Easy Audio Products
Creator: Gobala Krishnan
Website: www.easyaudioproducts.com
Purpose: This product is intended to teach you how to create audio interview products, which you can use as:

  1. a stand-alone product you can on the Internet.
  2. free bonuses to promote affiliate products.
  3. free content for your blog to attract more web traffic.

Price: $47 (will be increased to $67)

Gobala created this product with the intentions of making sure that anyone who bought this product could easily create high quality products and sell on the Internet to make some profits. Gobala knew that creating a product and sell on the Internet is not easy. The answer to this is because you’re nobody!

I was in this situation before friend. I remembered when I got into Internet marketing; I worked very hard to comes up with an ebook. After months of developing the ebooks, looking for joint venture partners, getting the testimonials from reviewers, spending on sales letter, but ended up, I can’t make even a single sale from that ebook. Why? Because they said this, “Who the heck is Dennis Sim?”

Gobala stepped up and has offered a product designed to help the newcomers in Internet marketing who intended to create a product and sell. I’ve read his 75 pages ebook (no B.S) and this is the best product I ever reviewed when it comes to guiding the newbies and intermediate marketer to make money online in the shortest time (and less hassle).

Who Is It For?

Basically this course is targeted to the newbies specifically but I would also recommend it to the intermediate marketers. As I mentioned above, this course is to teach people how to create audio interview products to profit from. So, the newcomers will find it pretty useful as they can create an almost instant product without much hassle. All he/she needs to do is follow the easy step-by-step system.

How About The Content?

Easy Audio Products was divided into 8 parts from finding the right tools to handling the the interviews to product marketing. Each part was clearly defined and explained. He kept everything organized and the course was written in simple stupid English. So, you got no worries in understanding the contents.

One of the best parts is the sample killing questions. I know most of you (and me) have the difficulty in finding the right questions to ask the gurus. So, he included 5 ready to use sample questions for you to ask the gurus. This is pretty interesting! You don’t need to crack your head and squeeze your brain to get the ‘right’ questions to ask. With this guideline, I’m sure you will get the better ideas on how to construct generic questions in future.

What So Unique About This Product?
The uniqueness of this product is that it was created based on research and feedback from over 200 people. He asked people what they wanted to know and he created the product based on what the people want and need to know. For your info, I submitted my ‘wants and needs’ too! :)

Value For Money?
For the first 7 days, it just cost you $47 (insane!) and the price will be increased to $67 in the next 7 days. Anyway, the $67 is still considered quite low considering the valuable bonuses and also the unique contents that he had provided in this course. You can surf around and you’ll find the similar products (and that not up to this standard), the price can be at least $97 and above. So, think yourself! Under-priced or expensive?

Any drawback?
Of course! If I said this product has no drawback, then probably I’m telling lies here. First, he didn’t mention where to look for the gurus in this course. I guess some newbies might have difficulty in finding gurus.

Second, one or two products that recommended by him are paid. But don’t worries about this. He has provided you enough free tools and resources to create your first audio interview product. If you need a better one, then you might want to consider the paid version tools that can give you better features.

Conclusion
I’d highly recommend this product for those who has just started out in Internet marketing. People do not recognize you and trust your credibility. So, why don’t ‘use’ the gurus’ expertise and brain to leverage yourself!

And, if you’re an intermediate marketer who still struggling to make some money online, then I would recommend you to get a copy of Easy Audio Products as well because you will have almost instant product to profit from and people started to know who you are!

Overall: 8.5/10

For more details or to invest a copy for yourself, please click here:

>> http://www.EasyAudioProducts.com/

Gurus Hate Easy Audio Products!

My good friend, Gobala Krishnan has just launched his latest project called, Easy Audio Products“. But after the gurus got to know about this, they HATE him. I will tell you why…

Easy Audio Products Website


Reason #1: He taught people how to ‘use’ the gurus to get rich and famous fast!

The unique selling proposition (USP) for this product is “How to Use The Gurus to Get Rich And Famous Fast! The tagline says it all. Basically he wants to teach you how to convince the gurus to create audio interview product with you so that you’ll have an almost instant product to sell and get known in your market - any market!

Reason #2: He revealed the unbelievable method of finding gurus’ private information!
As you know, most gurus will keep their private email address and contact number safe. But this guy revealed an unbelievable method to teach people how to ‘dig’ the gurus’ private information such as email address and contact number. I guess this is the main reason why gurus hate him so much!

If you don’t believe what I’ve said here, you can always have a look by yourself here.
>> http://www.EasyAudioProducts.com/

Conversion Rate or Commission Payout?

question mark image

If you have a choice to choose either high conversion rate or high commission payout affiliate program? Which one will you choose?

If me, I’d say depends. Let’s do some calculation.

Right now you’ve product A and product B to promote as an affiliate. One is giving you 40% commission and another one is 75%. Both are $47 product.

Product A: 40% = $18.80/sale

Product B: 75% = $30.00/sale

Yeah. Definitely you want to promote product B, me too. Anyhow, you’re going to put the same amount of effort to promote the affiliate products. So, might as well choose the product B as it pays higher.

But what if the product B comes with lousy sales page and converts at only 2%? In contrast, product A has a powerful sales page and converting at 5%. Here we talk about the conversion rate.

If you’re new to the affiliate marketing, conversion rate is the ratio of orders to site visits. For example, you have 100 people visit your site, and 2 people place orders, means that your conversion rate is 2 percent. Simple math right?

OK. Assume that you have directed 100 visitors to product A and product B. Product A is converting at 5 percent which brought you 5 sales, while product B is converting at 2 percent which brought you 2 sales. So, how much you earned for each product? Let’s do some calculation again.

Product A = 5 sales x $18.80 = $94 earned

Product B = 2 sales x $30.00 = $60 earned

Which product are you going to promote if in this case? The answer is clear. I bet you’ll prefer to promote product A more than B even though product B give you a higher commission payout.

As an affiliate marketer, no matter which products you’re promoting, you’re going to put the same amount of efforts to promote them. So, why don’t choose a product that worth your time? And of course if can, choose a product that gives you high commission rate while, the sales letter conversion rate remain high. :)

Love this post? I’m looking forward to your comment and suggestion. Probably you have one or two ideas to add in?

Make Money Online With Incredible Marketer

Hi! I’m Dennis the Menace Incredible Marketer. If you want to learn how to make money online, you’re at the right place. I’m here to help you to start and build your Internet businesses.

I’m making money online while sleeping listening to the class lectures. Yeah, you’re right. I’m still a student majoring in business marketing (still marketing…) I love marketing, no different either online or offline marketing. Emm… marketing is a ‘lively’ subject :)

In coming days, I’m going to provide you the latest tools and resources to help you grow your Internet businesses. Some tools are free, but some are paid. But don’t worry, I won’t recommend crap products. All the products will be reviewed by me - personally.

I’m going to off now. Anyway, check back my site regularly. Before you leave this post, Bookmark my site now! (ctrl+D)

Remember, Internet Marketing is FUN!