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Wednesday, May 7, 2008

Affiliates Marketing - Five Things That You Must Ultimately Possess To Succeed


The idea of being mere passengers on a ship meant to sail to the farthest points does not appeal to people who like to put their destiny into their own hands. They have the desire of maneuvering the ships themselves, of being able to be the ones to take it anywhere they want to. Being aboard a ship on its way to a particularly great destination is something each and every one of them dreams of, and the knowledge that they have the capacity to steer it themselves is what makes them actually want to.

Perhaps this is the reason why more and more people are succumbing to one of the most popular businesses around –affiliate marketing. It is because in this business, there are no bosses to order the employees around. There are no deadlines to meet and no clutter of work do to. One only needs to be equipped with the tools needed to succeed in a business such as this, and he is bound to get what his heart ultimately desires.

Just what are the things needed to be able to succeed in affiliate marketing? What must one have within himself to be able to do well in this industry? There is a lot of competition involved in affiliate marketing, and to be able to rise above the norm, one must be equipped with just the right stuff necessary to propel him forward. There are five things one must ultimately possess if he wants to achieve the glory he is yearning for in this business, and these five things are a must for him to possess to be able to stand out among the rest.

The very first quality one must possess if he wants to try his hand in affiliate marketing is the willingness to learn and be trained. Treading through unfamiliar territory is scary stuff if one is not properly equipped, and he might get lost amidst a jungle of the unknown. Learning the tricks of the trade is also an important aspect of the game, and one’s willingness to know it all will give him far better advantages in the business than he
could ever imagine.

The second quality one must possess is the willingness to invest time and effort even if direct results do not seem at all apparent. Although several months may pass without good news, it is important for one who has his foot in the industry to hold on and wait. It is this quality which would save him from giving up after investing a lot of himself in the business.

The third quality one must possess is discipline. If one knows how to teach himself to work everyday with all the energy he can muster, then he is close to achieving what he has set his heart to having in the first place.

The fourth quality one must possess is self-determination. If one wants to conquer the affiliate marketing world, he must have the ability to push himself ahead. Never having to say die is a quality each and every affiliate marketer should possess, and the ability to motivate oneself into scaling greater heights is an ability which would actually take an affiliate marketer there.

The fifth and last quality one must possess is optimism. Negative attitudes and hearsays should not discourage an affiliate marketer from pursuing what he has to in order to make life better for himself and for everyone concerned. Neither should anyone influence his attitude toward the business, because once in it, it is a must for him to be the captain of his ship and the master of his soul.

The ingredients to success in a business such as affiliate marketing are diverse and manifold, but the most important thing one needs to be able to make it big lies in himself alone. It is he who has the capacity to do everything to be able to realize his prospects, and the desire which fuels his heart in doing so is the gasoline which should keep the engine going.

Tuesday, May 6, 2008

The Danger of Forex Trading


When you are reading about trading the Forex, you'd be forgiven for thinking that this is the easiest way to invest your cash and make some money. There are plenty of websites with stories of people that have given up their day job thanks to the profits they are making. But doesn't it sound a bit too good to be true? Aren't there some dangers of Forex trading that they are not telling us about?

Here are some of the pitfalls that novice traders will want to avoid. These include the following:

Leverage - The concept of leverage is often touted as one of the big advantages of the Forex. Leverage allows you to control more funds than you actually have in your account. This can allow you to make $20,000 trades with only $200 in your account. This can bring in big profits when the markets move in your favor. But if the market goes the other way it can wipe you out.

Statistics - A lot of people think "Well I'm going to make more successes than losses so I'll be OK." But just keep this in mind; for every trade to take place there has to be a person on the other side of that trade. It stands to reason that for every winning trade there must be a corresponding losing trader.

Knowing When to Stop - many novice traders will study for hours with the intention of identifying the correct conditions to get into a trade. But what they don't put sufficient thought into is how they are actually going to get out of a trade. The best way to do this is to set a stop-loss on your account. That's going to depend on your experience, attitude to risk and available capital. If you set the range of the stop loss too small, then you may exit your position too early in a volatile market. Then again, you don't want to suffer higher losses than you can afford by setting your stop loss too large.

Practice - One of the biggest reasons that people fail to profit from Forex is that they are too eager. They start trading without a well-tuned trading system in place. You can avoid this problem quite easily. First you need to take your trading plan and trade it using some historical data. If it shows positive results start trading in real-time using a demo account i.e. not using real money. Only when you have shown profits using a demo account should you start trading for real.

Once you know the main dangers of Forex trading, you will be in a position to start trading successful. Learn from the mistakes of others. After all, your future prosperity could depend on it.

Sunday, May 4, 2008

Affiliate Program - Tips On How To Choose A Good One?

Depending on the type of internet business that you operate, affiliate programs are a good investment for the development of the company. Starting does not take a large amount of money and they are pretty easy to set up. Marketing your affiliates will take time and effort but the potential for creating an income is considerable. Before making the plunge, you need to be aware of the components for a reliable affiliate program.

What are affiliate programs? An affiliate program is a form of online advertising that rewards you (the affiliate) for delivering potential customers to the advertiser’s website. You will receive a commission every time a sale is made. Your responsibility is to promote the products and/or services of the advertiser. If you can develop and implement good marketing techniques, the income potential is very good. If you are looking to create another source for making money online, this concept is worth researching.

Before you begin the task of locating reliable affiliate programs, it is important to understand that not all of these opportunities are the same. Doing an internet search for “affiliate programs” would reveal thousands of websites that offer an affiliate program or a service that promises to deliver the best that the internet has to offer. But, not all affiliate programs are created equal. There are significant differences

Some will offer only one product but others may sell several. Some will have the tools for monitoring statistics while others do not. Some will provide the tools and resources for creating a marketing plan while others may not. Before you make an investment of time and money, consider these tips for finding the most reliable affiliate programs.


Expense

Is there a cost to become an affiliate? Most affiliate programs are free to join but others may charge a nominal fee. Some affiliates may have an initial charge to join and a monthly expense to continue. Research the website and make sure you understand what is required for being their affiliate. Free is good but paying is not bad. Before investing time or money, make sure to understand what you will be getting.

Commissions

How much do they pay for your expenditure of time and money? If you decide to invest in the company’s affiliate program make sure the compensation is worth the effort. Consider 25% or more a reasonable amount unless you are really passionate about the product. Find out when they pay and how they distribute your money (checks, Paypal, third parties). Remember, you are making an investment into selling their products. Make sure that you are comfortable with the financial details.


Marketing Resources

How does the company plan to help you? Many affiliates will offer developed websites with branded affiliate links, auto-responders and marketing resources. Others will only offer links back to their website. Most offer a package of tools somewhere in between. Find an affiliate that provides the resources you want and need. A good affiliate program will provide the tools that can help create success for you and them.

Opportunities For Income

How many incentives does the program provide? This is when affiliate programs can be very lucrative if they pay on different levels. Investigate and see if you get paid only for the sales that come through the links provided by the advertiser (Tier1). If the affiliate program is a Tier 2, you will get paid not only for the Tier 1 sales but also a percentage of the sales that an affiliate who joins the program through you produces. If you consider the possibilities, one could make a very good income with a Tier 2 program.

Accountability

How does the affiliate keep track of visitors? This is very important because a visitor may not become a customer on the first encounter. This is where “cookies” come in. Good affiliate programs will place a cookie (identification tool) on the visitor’s computer. If the potential customer travels to an affiliate site through a link placed on your web page, the cookie will identify them. When the guest makes a purchase on your affiliate’s site, that cookie will give you the credit. A good affiliate will track these cookies between two weeks and a month and sometimes longer.

Many internet entrepreneurs are making a very comfortable living through affiliate programs. In fact, many individuals who do business online have added this stream of income to their business design. If you are considering affiliate programs, these ideas will provide a good starting point. In time, you will discover that affiliate programs can help build success for a home based business.

Friday, May 2, 2008

Online Scams?


There are alot of online scams these days, and you better be prepared for another one. I know that, because I've fallen to dozens of them, and it really hurt my wallet. So, I'll try to prepare you for the next guy coming after your wallet. Here`s an effective guide to spot a scam:


1- If it seems to be "too good to be true"- it probably is. No one will offer you anything for free, and it took me a lot of years to realize that. The internet is full of "misters with candies", who just stalk to take your money. Avoid "too good to be true" offers.


2- If you really find what you were looking for, and you're not sure if it;s a scam, try to Google the keywords of a product to find out first. For example, if you've found a great Spyware removal tool called "ultra spyware remover" , but it just seems to be too good, Google "ultra spyware remover review", or even better "ultra spyware remover scam". Supprisingly, there is a whole bunch of honest people out there, who really review products, and don`t try to sell them.


3- Don`t pull your wallet the exact moment you've read a sales letter or a sales pitch. For years, I wanted to buy the product immediately after I read it. You have to realize that the guys who write sales letters are pros, trained to make you buy the product. Don`t fall for the stories of "how I made $323 000 just by pushing a button" or even better, a guy showing you his brand new car that he earned "just by pushing a button". Always find the info on the product from other people by a method of Google searching:

"PRODUCT review"
"is a PRODUCT scam"
"PRODUCT scam"

If the product gets positive reviews by a majority, it's ok, and you can buy it.


4- Many copywriters won't be pleased with the stuff that I'm going to reveal to you now, but hey, to me, a customer satisfactions goes first. Many sales pitches will try to hypnotize you by following rules:

-a great headline that will force you to read on. Yeah, many businesses crack only on headlines. If they are bad, a potential customer will just leave. If they are good, a potential customer will read on. Keep that in mind if you decide for a "too good to be true" offer.

- copywriters use powerful techniques like turning features into benefits, so you bite some more. Keep in mind that they will turn product features into a "hard to believe" benefits for you. When you buy the product, you will see that those features don't produce such huge benefits to you after all.

-marketers will always try to bribe you with free "over delivery". For example, if you buy the product, you will probably get dozens of free "quality" ebooks on "how to..". Don't fall for that one. The free material you get is probably crappy, and you can find it for free anyway. Consider that on your next shopping.

5- Finally subscribe to scambusters.org. It's really a legitimate website when it comes to spotting scams. I highly recommend it.


Don't pull your wallet the next moment. Search the internet for independant reviews of the product. Consider that the guys who write sales letters are pros, and they really manage to emotionally lite you up to buy with simple techniques like writing appealing headlines, turning features into benefits and overdelivering you crappy products. So, stay on your guard.