Tag Archives: income
Top 10 Ways to Earn Passive Income
10 Tips To Make More Money In Network Marketing
Network Marketing is an excellent way for the online peope to make an extra income. This business concept has been around for decades, and it will not disappear any time soon. The reason for its popularity is simple… It Works! It does however, require lots of work and most importantly, dedication and persistance to get the job done. The best part is, once you are able to set up a solid network, your business becomes MUCH less time intensive. Almost like going on “autopilot”. The key is to get there as fast as possible.
Here are 10 tips to maximize your Network Marketing Business.
1. Use your products regularly. This is Number 1 for a reason, this is the most ignored part of ANY network marketing business. How do you expect your business to succeed if you will not even use your own products? It does seem silly to even have to bring this up, but there are many who are not using their own products, and wonder why they are not making any money. Make a commitment to use your products for a year, and see where your business goes.
2. Educate yourself constantly. This is very important! You must rid yourself of negative ideas, sometimes referred to as “stinkin thinkin”. This can be done in a variety of ways. I recommend reading at least 15 minutes a day, but try to shoot for 30. Business and self-help books are a great way to start. Don’t forget your Multi-level magazines, as they are full of tips and advice. Lastly, listen to cassette tapes on multi-level tips from top earners in your business.
3. Spend as much time as possible with your upline. Your upline should have only one goal in mind, To Help You Succeed! They are a vast source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it. Most everyone should be more than happy to provide you with excellent tips and advice.
4. Present your products and marketing plan personally to at least one person daily. Remember above when I said you are going to have to work, well here it is. Now here is the key, the prospects to whom you present your plan, do not have to be yours personally. Show the plan for your downline, and not only will you create “security” by placing members in your downlines’ downline, it will also give you a boost in your personal income! I can guarantee if you were to follow this rule for 6 months, you would create a downline with enough width and depth to create an income to sustain you and your family for life.
5. Care for your downline. An entire book can be written on this topic. Usually, it’s the little things that show you really care. Try to maintain regular contact, and always praise your distributor’s accomplishments. You can even offer incentives for specific achievements, such as money, travel, recognition, or other rewards, to help motivate your group.
6. Duplicate yourself by making distributors independent of you. This will help to multiply your time, thus making you and your group more effective. Always lead by example. Never stop recruiting, training and retailing. Remember the KISS formula – “Keep It Simple, Sweety” I know, I know, I changed the last word, but it maintains the meaning. This can be done my conducting simple, brief, yet dramatic presentations, and teaching your downline to do the same.
7. Create a large customer base. This is another largely ignored, yet very important, piece of your network marketing business. Many try so hard to build a huge downline, that they forget how much profit they could also make by selling their products to retail customers. Some people will just not want to become part of your downline, no matter how great a product/system you may have. This does not mean they will not be personally interested in your product. Try to make everyone your customer. Once you earn their trust, they will come to you more, and perhaps even join your downline later. Always “leave the door open”, as people’s needs do change.
8. Focus on your customers needs. You must give customers more than they expect, and always satisfy your customers complaints immediately. Try to listen 80% of the time, and talk only 20%. As stated above, your customers can be a huge source of future referrals and/or business. You must earn and maintain their trust. Once you have their trust, you can always ask for referrals, which leads to even more business and a larger downline.
9. Set daily, weekly, monthly, and yearly goals – and Write Them Down! You may have heard the expression, “How do you eat an elephant? One bite at a time.” Breaking up a larger goal into smaller easily attainable goals, is the key to success. You cannot just jump to the end, you have to make progress everyday. Writing them down is another largely ignored, important tip to help you succeed. A goal is just a “passing thought”, or “wish” until you put it in writing. That is when it becomes concrete and real. It is also a great idea to keep a business journal of your daily activities, as it will help you to become more productive and time-conscious.
10. Get Out There And Do It Now! All of the knowledge in the world is useless and unprofitable, until you put the most important ingredient of them all in place. This “secret” ingredient should come as no surprise at all, but this is the #1 reason for failure at anything in life. It is ACTION! Remember, knowledge is useless without action.
Affiliate Marketing: How to Be a Successful Affiliate Marketer
Affiliate marketing is one of the best ways to make a real full time income from home. This is one of the few businesses where you are almost completely in control of how much your affiliate marketing commissions are. With the seemingly infinite possibilities that the internet offers, all you have to do is find one or two effective strategies and implement them consistently and your commissions will skyrocket.
One note of caution though, while it is true that you can make virtually unlimited commissions with affiliate marketing, please don’t fall for the scams that tell you that you won’t have to do any work and that you can be making a six figure income in 30 days. That is simply not true. While affiliate marketing is an easy business to learn and run successfully, it will take work and time to get your business to the point you want it to be.
There are several things you can do to increase your commissions, but one of the best, and most simple, things you can do to earn higher commissions is: build an opt-in list.
Most people don’t realize that up to 98% of the people who visit a website not only won’t make a purchase…they won’t ever be back. In order to convert more of your visitors into customers you need multiple contacts with them. Having multiple contacts with them can lead them to trust you and feel more comfortable about spending money with you.
But how do you do that if 98% don’t buy? Simple, you build an email list. You can do this on autopilot simply by signing up for an auto responder service. When you set up an account you can pre-load a series of emails into the auto responder and they will go out over a period of time, whatever you set up. That way you can not only be building trust by providing the people on your list with valuable information, you can also, subtly, remind them that the product you are selling can help them achieve the results they are looking for.
When you have an auto responder you will need to get your visitors to opt-in to your list. By doing this they are giving you permission to contact them by email so you avoid any spam complaints. But how do you get them to opt-in? Well, one of the most common practices is to bribe them! Don’t worry, I’m not talking about anything unethical. You simply offer them something of value in return for them signing up to your email list.
It doesn’t have to be anything expensive, just something with a high perceived value…something that they will find helpful and consider valuable. For this purpose a free ebook or report is great. Just make sure that the free gift you give them isn’t some junky thing that you threw together in 10 minutes. Provide them something of real value so they will trust you and feel more inclined to not only sign up for your list, but purchase products from you.
One very common mistake people will make with their list is to make every email nothing but a sales pitch. If you do that they will unsubscribe and you’ve lost a potential customer. Instead, give them valuable hints, tips in every email they receive from you and only occasionally pitch a product to them. This technique will work much better than if you’re always asking them to dig into their wallet.
Affiliate marketing is a great way to make a living, and there are easy ways to greatly increase your affiliate marketing commissions. Using an auto responder is the quickest, easiest way to make more money.
How to Drive Traffic to Your Website
It’s true that you can make a ton of money with little effort that will only happen after you’ve spent the time to build your site and get a steady stream of traffic. So at first, you’ll have to work very hard. Then once your site is established it won’t take much effort at all to keep it going.
Don’t ever let someone convince you that you’ll be making six figures in a few months especially if you’ve never done this before. Affiliate marketing isn’t a hard business to learn, but you’ll still need to take the time to learn it.
The biggest challenge is getting a steady stream of hungry customers to your website. There are many methods you can use to get customers, many of them are completely free and easy to learn, while others can be quite expensive and have a pretty steep learning curve.
Article marketing is a great free way of generating a lot of traffic. This method simply involves you writing, or hiring someone to write for you, articles that will provide valuable information on your product or service. I don’t mean something that is one long sales pitch, I mean something that contains truly helpful information.
When you submit your article to an article directory it will be published and when someone does a search using the keywords you used for your article, they will read your article, click on your website link at the bottom of the article and visit your site.
Another way of generating traffic is with Pay Per Click or PPC. While equally effective as article marketing this method has a steep learning curve and since it’s not free you’ll be spending a lot of money while you’re learning. With PPC you submit ads to a search engine and target a keyword specific to your website. When someone clicks on your ad you have to pay.
The amount you’ll pay will vary on the popularity of the keywords you’ve chosen as well as a quality score and other variables. If it sounds a little complicated that’s because it is. I wouldn’t recommend anyone try PPC until they have the money to take a course and learn how to do it properly.
4 Tips On How To Earn Money With Affiliate Marketing
Many people all over the internet are utilizing affiliate marketing to either supplement an existing income or to create an income from home. Affiliate marketing is when you promote affiliate products and are paid when you make a sale.
Here are four reasons that you might want to consider if you haven’t started affiliate marketing already.
1. No start up costs: Affiliate marketing is one of the easiest ways to start earning money on the internet because it costs you nothing to sign up and participate in various affiliate programs. You don’t have to worry about paying for products on a monthly basis and some affiliate programs don’t have a quota that you must reach to get paid on a monthly basis. There are even some affiliate programs that pay instantly.
2. A wide variety of products: What’s your passion? Is it health, network marketing, food, self improvement or maybe another area? There are so many different types of affiliate products that you can promote that will be in the same niche as what you are already doing.
If you have a health and wellness blog, find affiliate programs that are centered around health and wellness products or if you have a website that shares recipes with your readers you can opt to use food and kitchen related affiliate programs.
If you are a network or internet marketer you might want to look for products to promote that center around helping other marketers like autoresponders, PLR and information products.
3. You can greatly increase your income: Depending on what you’re promoting, how you promote it and if it meshes well with your niche you try to combine it with, you can create a nice income from home by using affiliate programs. Affiliate programs can be promoted alongside whatever else you are already doing.
If you’re blogging already, you can use banner advertising or article marketing to promote products to your readers while still supplying them with quality content. When someone clicks on your link or banner and makes a purchase you earn. The more this happens the more your earnings are increased.
4. Affiliate marketers usually get a large chunk of the profits: It ‘s not uncommon to see affiliate marketing programs offering 30%, 50% or even 75% of their profits to their affiliates. Why in the world would they offer up so much of their profits? The answer is quite simple … traffic. Affiliate marketers can bring in so much more traffic than the owner of the product and program can bring in by them-self .
More people promoting make the amount of traffic and sales so much greater. In exchange, affiliate program owners are happy to pay an amount that is more than fair to ones who are bringing in sales.