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Tag Archives: profitable
How to Start a Profitable Membership Site
If you want to start a membership site, there are two ways you can go. You can build a free or a paid membership site.
A paid website simply means a member pays a fee such as a monthly subscription. Paid or free, these two types of membership websites share a vital commonality.
Memberships are composed of individuals who have the same interest in something. They share quite a passion for the niche the membership is based on. Niches like golf, fishing, sports, cars, marketing, are very common in membership sites.
That’s the social power and where you can come in and profit.
You can buy a domain, set up a membership website and not charge for the membership. Yet, you still get to select who to admit and who not to admit according to your rules as in a paid privileged membership.
Profit intentionally comes from sales to members after they enroll in the site. There are other ways to easily monetize too such as AdSense.
It will cost nothing for you to set these group membership sites up; no charge for a person to enroll; no paid administrators or moderators.
Each group membership site sets its own rules on how to join and the code of conduct.
Membership websites exist for any topic or subject imaginable. Sites are all over the web for people who are into crafts like woodworking and quilting; others for those who love to travel; sites for people who are passionate about Golf or Baseball.
Achieving a sizable membership with these can be possible. Any age group is accommodated from teens to seniors.
Think of a potential niche. Isolate their likes and interests and you can have a membership site created and then maintained indefinitely.
Membership site software is provided with a limited amount of space for posting pictures, documents and sharing links; forums where every member can comment and participate. This proves to add much value as it becomes a shared, tight-niche information experience.
One understandable lacking feature of free websites is the lack of access to specialized data. Valuable services like music lessons or exclusive strategies reserved for internet marketing and lists are reserved for paid sites.
Paid membership sites are built by businesses and individuals for the main reason of monetizing. It’s achieved by supplying hard to find, exclusive information, lists or instruction in a specialized field.
Participants renew membership with a payment plan. This is acceptable to the member based on the privy information provided. They can pay monthly, quarterly or yearly.
A smart site owner offers a discount for the yearly membership over a monthly or quarterly payment. This cuts down on cancellations or refunds.
The operation of membership websites is either done by those who own the site or others who are hired by the site owner to monitor and look after the site. This ensures high quality and service which is to be expected.
Start a membership site and you can potentially have a profitable business for years to come.
P.S.
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How to Find A Profitable Entrepreneur Idea
Your profitable entrepreneur idea is very important, as this will be the foundation of your entire business. Many people in their excitement of starting a new online business forget this critical first step.
If you do not have a proper business concept, your whole project will ultimately collapse. Choose something you like such as a hobby or a skill you have and make this your business theme or concept.
There are very few topics you cannot form a business with, or around. It is most important to choose something that you love to do and are really interested in. This is because business is tough to do and, unless you can put your heart and soul into it, you cannot succeed.
Another awesome entrepreneur idea is to use your own skills. This can be something like writing or design or any talent you may have. You can use this skill as a service and work either as a freelancer or set up your own service business.
Or you can set up a business using a skill you have learned from your life experiences. You may use this experience to have a consulting service. You can also write a book about it.
A profitable idea is to write an eBook or have one written and sell it. It should be on a hot topic that many want to know about. Info books and videos about informative topics are always popular.
You can make a website to promote these products, put in a payment system, and have it run completely on autopilot. This is one of the best ways to do a business. You can also join a membership site that offers products with resale rights and adds these to your site. Make sure they are related to your product.
You can make more info products and sell them to the same market or make new mini-sites for each of your products.
Other ways to build your business are to use different business models like affiliate programs or network marketing. Affiliate programs are one of the easiest ways to build your business. You can start with them and earn a little money to launch your business or you can use them to supplement your main product.
There are many ways to develop your business concept or entrepreneur idea, but one thing you should bear in mind is that you must try to specialize or form a niche market in your field.
This is how to make real money on the Internet. The real secret of success is one. Take Action Now!
P.S.
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5 Tips on How To Find Profitable Products to Promote
There are 5 tips on how to find profitable products to promote. Studying the different avenues for finding great product ideas can be beneficial in helping uncover opportunities to promote and sell online.
1. What do You know – your own experience can give you a strong competitive advantage. Many enter into the online marketing world at an older age, as an encore career, with lots of knowledge from their previous career. One can start a website with career knowledge and promote related or relevant products and do quite well.
2. Research the common problems within your chosen niche and have solutions available, for those seeking the answers. It’s great to have as many of the problem solutions as possible in order to be an authority within your niche. Recommend and have available a product(s) to promote, an affiliated item or your own, that will help the seeker out.
3. Follow customer passions – people spend a lot of money on their passions and habits. If you are passionate about something, chances are that there are millions of others with the same passion and will purchase relevant products within that niche. Following your own heart and compassion is one of the best ways to make money online.
When you build a business around your own personal passion and sell products within your niche, you’ll have the strength and tenacity to overcome all hurdles and problems during occasional difficult time periods. Staying motivated is essential to online business success.
4. Create your own brand – get a really good understanding of who your potential audience and customers are. Also, understand the process of creating your own brand and where to find the best sources of each product to brand as your own.
Many hot-selling items are made in China and can be re-branded with your own product name. These items can be purchased on sites like Alibaba dotcom for less than half of the cost of purchasing in the US, then shipped to Amazon or another storage facility and sold.
5. Trends – taking advantage at the start of a trend allows you to establish the product and your authority early on and you can really capitalize on the trend. Capitalizing early on a new trend will make you one of the first websites being indexed by the search engines and can help you climb to the top of the rankings quickly.
3 Great tips To Make Real Money Online:
1. Stick to one strategy.
Most people try one internet marketing technique and when they don’t see immediate results, they switch to a new technique. The problem with this is that many strategies don’t show instant results.
In fact, they may show no profits for the short term. Most people quit prematurely thinking that this marketing strategy doesn’t work. So after you decide on which marketing technique to act on, be committed to work on it for 3-6 months before deciding whether or not it works or not.
2. Learn the basics.
You shouldn’t spend months buying and reading about every internet marketing strategy under the sun. However, you should spend some time learning the basics.
What are the basics? You should have a strong understanding of: keyword research, backlink creation, insertion of simple HTML code, pre-selling, etc. No need to be an expert, but knowing the basics will allow you to create a better business plan.
3. Take action every day.
Too many people get really excited about making real money online, focus on it hard for a couple of days, and then do nothing. When they don’t see income being made, they blame internet marketing for the failure.
To make consistent money online, you don’t have to work 8-10 hours a day. However, you do have to take consistent action to get consistent results. If you do just one high priority task each day (ie. writing on article, creating one page of content, etc), you will see long term results from it.
If you were to write just one article a day, you’d have 365 articles published over a year point to whatever moneysite that you have. If you wrote one post each day, you’d have a blog with 365 posts a year from now. A little bit each day will add up as time goes by.
Most people never make real money online. They don’t have a right business and marketing plan to stick with it. They only try every new system or new shiny object and want to make money in a week.
P.S.
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Strategic Marketing: How to Build a Successful Business
Most small business owners are experts in their business, but not experts in marketing, and so many don’t appreciate the difference between Strategic Marketing and Tactical Marketing.
Strategic marketing is the content of your message. It’s what you say and how you say it, including the concepts that you choose to focus on, the words and images you use to communicate those concepts, and the tone in which the message is delivered.
Tactical marketing on the other hand, has to do with the execution of the strategic marketing, such as placing ads, brochures, building a website, attending trade shows, social media etc.
How to make those tactics work, to attract customers and increase sales is to use strategic marketing.
The 6 key elements to a successful strategic marketing:
1. Market Position
Blow away your competition by making your business the best choice.
If you do not want epic failures and wasted money with your marketing, then don’t choose tactics first.
How do you create your market dominating position? It is all down to positioning – why should your customers choose you over all the other people or businesses who do what you do?
Most small business owners give very little thought to their positioning, but get it right and it gives you huge advantages – you can attract more of the right customers AND you can charge higher prices, which has a massive impact on your profit.
2. Target Market
Who is your target customer
Your marketing won’t get any success unless you target those customers who want what you’ve got to offer.
You won’t sell hamburgers to vegans’ you, you won’t sell pet care to someone without a pet, etc. Everyone is not your target market. You will waste marketing efforts and money if you don’t know your target audience and what they most want.
3. Message
Your marketing needs to successfully engage your target market to identify problems, frustrations, etc, your prospects have and then address them in your marketing. Their pain in most cases is their hot button. All the people want a solution for their problem. Address their problem in a compelling message to attract them, and then keep them engaged with the solution you offer.
4. Media
Now the media. Where is your audience? Once you know WHO they are, figure out where they are and what forms of media they use, so you can put your message right in front of them to attract them.
Where online and social are still the buzzwords of today, they are still just another ‘media’.
Your media needs to be carefully considered – don’t just hop on the latest bandwagon because you think you should, review your media in terms of who your customer is, and what will provide you with the best return on investment.
5. Your Offer
Have a great offer by providing the solution to their problem.
Create value in the offer to get the highest prices instead of cutting prices to get people to buy. Can you bundle things together, provide a guarantee there are many things that can increase the perceived value of your product or service.
6. Referrals and Testimonials
Consumer opinion now travels faster and further than ever before.
88% of people trust online reviews as much as personal recommendations
90% of people read business reviews before they visit a business
Online reviews can be the most effective marketing media for your business. They get you seen online and they build your reputation.
Also you really need to have a Google+ presence as Google is the go to search engine for most people who are looking for something online.
Top Tip:
Don’t trying to brand your business. People don’t buy logos! They buy solutions to their problems.
4 Tips for Your Successful Strategic Marketing
Strategic marketing is powerful. But how can you create an effective strategic marketing plan? Strategic marketing is a term that is thrown around casually and frequently, but how many people actually know how to execute a successful strategic marketing plan? There are 4 tips for a successful strategic marketing.
1: Understand your target customer base
The fundamental goal of strategic marketing is to utilize each other’s strengths to reach a larger audience base ‘ perhaps one that would not be available to the individual companies without the strategic marketing endeavour.
2: Evaluate what your customers need
When you think of your business from the customer’s perspective, it is often quite different than yours. Instead of evaluating what products would be easy for you to sell to them ‘ consider what products your customers need. This will help you find a strategic marketing plan for your business
3: Analyze the marketing tools to use
Carefully choose which marketing tools you use. Will you use offline, online, and/or word-of-mouth advertising? Decide if you want to create email marketing, PPC, or blog campaigns.
It is important to create a strategic marketing campaign that will highlight the strengths of your products or services and most effectively reach the target audience.
4: Implementation!
Once you have the strategic marketing plan, it is time to implement the excitement! Working together with a partner can open up significant more doors, in both revenues and market share exposure.
P.S.
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