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Friday, October 31, 2008


3 Vital Steps To Regain Your Focus So You Can Make Money Online

By Christopher Hall

Making money online is simple, but it is not easy. There are certain steps you must follow to make money with your online business, but it is so easy to get distracted and lose focus. Has this happened to you? Have you lost your focus? Here are three vital steps you need to take to regain your focus so you can make your online business a success.

1. Follow your plan - no, you may not have a formal business plan written down (although it would not hurt to have one.) But you should have some idea of how you plan to make money with your online business. Try this – think back when you first began your online business. You had a mental picture of how it was going to be. Now look at your online business now. Is it close to what you started with? Have you changed time and time again without giving your ideas a chance to work? If so, you need to revisit your plan, make adjustments if necessary, and then stick with it.

2. Remember your customers – remember who? Of course we all know what customers are, but as business owners, it is so easy to forget that they are the reason we are successful. Are you so worried about your business that you have forgotten who makes your business go? If you aren’t giving your customers what they want or need, then your business will die. How do you know what your customers want or need? Simple. Ask them.

3. If it doesn’t make money, don’t do it - this is the main obstacle I struggled with when I first started my online business. I spent my time on things that did not make me money. I focused on my website, checking emails, and searching for the next big marketing method. You know what? My business failed. It was not until I focused on money-making activities (like consistent marketing and list building) that I finally made money online.

Payment Scheme for Affiliates

By Princejay Events

If you already created a blog and you think that the site is now ready to accept advertisers. Then enrolling to affiliate programs is not a hard task for you.

At this stage, prior to joining any site or affiliate programs, you should first understand the different payment schemes for you as a publisher. Are you ready?
There are three famous payment schemes that usually being offered to publishers:

1. Pay Per Impression

2. Pay Per Click or Paid Per Click

3. Pay Per Sale or Lead or Pay Per Referral

PAY PER IMPRESSION

In CPM, you will be paid according to the number of times the Word Ad or Banner Ads is viewed or displayed on your blog or site. The amount you will earn is normally calculated based on the number of thousand impressions of the banner (impressions = number of times the banner is displayed) often abbreviated as CPM (cost per thousand, with the M being the Latin numeral for thousand). That is, $10 CPM means that you get paid $10 for 1,000 displays or views of the banner. This method will allow you to automatically earn BIG if your site attracts a lot of visitors or if you have a high traffic blog or website.

PAY PER CLICK or PAID PER CLICK


With this you will be paid when visitors click the advertiser's link, banner or graphics on your blog or website. The payment per click varies depending on the advertisers being displayed on your blog or website. The earning here is usually higher than the pay per impression scheme. You will get better results if your advertisers are carefully selected or chosen to suit the target audience of your blog or site. Make sure you are consistent on your blogs.

PAY PER SALE, REFERRAL OR LEAD

There are affiliate programs that you will be paid per sale, sign-up, referral or lead. On this scheme you will get the highest payment rates. But, with this, you will only earn or be paid if your visitors click the ADS and either purchase an item from the advertiser or take some other prescribed action like to sign up for a service or join the program, etc... Just like the Pay Per Click scheme, you will get much better results if you carefully select your advertisers to suit the target audience of your site.

Most affiliate programs wants to avoid wasting resources in issuing checks for very small amounts you earned from your blogs or website, advertisers will usually accumulate the payment owing you until it reaches a certain amount (such as $10, $25, $50, $100 or more) before they pay you. It's either through check, bank or money-transfer.

When you already have decided on the affiliate programs. Then your next big step is to promote or market your blog or website to get more traffic.
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