Posted on December 3rd, 2009 in Business, Social Media | Comments Off
Business can now be done online. The coming of the internet has changed the way business is done the world over. However, there are certain businesses that could be referred to as online business. This is because they exist only online. There are many people who are involved in online business. This is because the opportunities for this kind of business are immense. Millions of dollars are made daily on the internet by those involved online business. There are several types of online businesses. Types of online business Affiliate or advertizing business This is the most common type of online business. In this type of business, you don’t have anything to sell, or better still, you don’t do direct sales. You provide the avenue for people to advertize their products and you share the profits. What is involved in this kind of business is that you have to provide a website with content related to a particular product. The one who has the product displays her/his advert alongside the content. Those who visit the website see the adverts and if they follow up on it, depending on the agreement between you and the product owner, you make some money. Retail business This involves selling goods and services directly to customers. There are many things that are sold online. You can buy tangible goods ranging from food to houses and there are services such like banking security. Forum This is a type of online business where an avenue is provided for people to interact. This is just like building a mall and letting it out to others. At the forum, buyers and sellers interact and do business. When any product is sold, the owner of the forum gets a share of the deal. There are very well established forums online. There are a few things to consider when deciding on which online business to choose. Your interest You must choose an online business that you can easily run. That means it should be related to your interest. For example, if you have a passion for writing, you can decide to do the advertising based online business. You provide content in the form of articles that will lure readers to you site. Then, you enter into an affiliate agreement and start earning from there. Related to this is the area you concentrate on. There are some areas that have a lot of players; whiles others are yearning for people. You must choose an area that will not give you too much competition. Your time There are some online businesses that need a lot of time to run. You will have to be online responding to calls and emails. If you don’t have that time, don’t enter such a business. Choose one that will not demand a lot of your time. There are many opportunities in the online business. Many people are taking advantage of these opportunities and are making huge amounts of money. You can also do same. All it takes is a little patience and you will be earning great money.
Visit link:
Online Business: What You Need to Know
All of the talk of how things were on ‘Black Friday’ is now followed by the yearly quest for the Cyber Monday data. We in the online world love to see just how much the shift to online commerce continues to overtake the traditional way that goods and services are sold. Whether these numbers are inflated or given too much credit is always a concern but this year’s trends, at least from a few sources, points to the continued rise of online growing while brick and mortar struggles. To what degree this year’s trending points to a larger economic trend is a huge TBD (to be determined). Honestly, more people may have experimented with online purchasing to save time and money including gas and food that is part of the in-store shopping experience of a venture out on Black Friday. That’s just my thought and there is NO scientific backing on that one. As for more ‘official’ statistics, Retailer Daily sums it up this way Both annual consumer spending and traffic levels went up on “Cyber Monday”, according to third-party research results. Consumers’ interest in shopping online appeared to carry over from “Black Friday” last week, when e-commerce sales increased at a significantly higher rate than brick-and-mortar sales. Here are a few highlights from the Coremetrics Cyber Monday 2009 report (PDF) : E-commerce sales were 13.7% higher on Cyber Monday this year than they were last year Average dollar amount spent by consumers per online order rose 38.2%, from $130.24 to $180.03 Apparel retailers and jewelry retailers drove this increase with 26.4% and 14.3% jumps in average dollar amount spent per online order, respectively. Sporting goods segment, retailers reported a nearly 55% increase in new site visitors, but a 3.1% decline in average dollar amount spent per online order. Department store retailers reported a 33% increase in new site visitors, but a nearly 10% decrease in the average value of each online order. Per order, consumers purchased 30% more items this year than they did last year. November 2009 American Express Spending and Saving Tracker reports that this e-commerce surge may trend though the holiday season 79% of overall respondents plan to use the internet as a tool for holiday shopping 45% plan to purchase items online 28% will use the internet to buy hard-to-find items 27% will use the internet for product research 25% will go online for gift ideas One particularly interesting piece of data is around the projected use of mobile in the holiday shopping experience is on the rise. According to the Deloitte 24th Annual Holiday Survey, 19% of consumers plan to access the internet via their mobile phones while shopping to find store locations, obtain coupons and sales information, as well as research products and prices. This percentage rose to 39% in the 18 to 29 age group. So do we dare take this information and say that the economy is truly on the rebound and rosier days are ahead for all? Probably not a good idea. I guess the solace that can be taken is that if there is one industry in the marketing world that is at least going to stay afloat during these rough times it’s the Internet marketing segment. Maybe we should just count those blessings and move on. Pilgrim’s Partners: SponsoredReviews.com – Bloggers earn cash, Advertisers build buzz!

See original here:
The Cyber Monday Data Is Here!
Posted on December 2nd, 2009 in Business, Social Media | Comments Off
Many people read the online ads about how to make millions online and sign up for any offer they can find only to discover later that they have paid into scams that do not pay off and find themselves with substantially less money than they started out with when they first attempted to make millions. Obviously, this can lead to the general line of thought that there is no ‘real’ way to make money online. However, nothing can be farther than the truth since there are plenty of legitimate ways to make money online, the only thing is you have to have preservance and dedication in order to make them work for you. The simple truth of how to start making ‘real’ money online for dummies is that you must be prepared to work hard with a skill that you can finetune and market. Jobs that actually pay online just as they would in the real world have the same set of criteria: day to day tasks that need completed with clients that demand excellent work in return for a suitable paycheck. The main difference of course is that in the online world you can make your own schedule of working hours and your own investment so what the amount of ‘real’ money that you make is relative to the amount of ‘real’ effort that you want to put into your projects. There are several ways to make money online and they all require that you are willing to dedicate yourself to the tasks at hand. At the simplest level of tasks are jobs that require you have certain skills such as the ability to keep records, accounting, web design, copywriting, coding, etc. If any of these sound like skills that you already possess then you are half way there to making money online. The next step is to find a freelancing portal that you can use to bid on projects and start to get some jobs. Once you start to build up your initial client base you will realize that the internet is filled with entrepreneurs who need your help and are willing to pay well for it. Thus, you will be well on our way to making some ‘real’ money. You should keep your expectations reasonable however, as these jobs will never make you a millionaire unless you branch out and use the experience you gain from clients to learn how to build your own online business. For those who enjoy the marketing side of the business world, affiliate marketing is another excellent way to earn money as your job is to collect other consumers on the internet and encourage them to sign up for a product or a service. For each referral that you make or affiliate that you encourage join a company’s customer list you will get a share of the profits so the more effective at marketing you are the higher you can watch your profits grow! Finally, if your ambitions aim at owning a successful business in the internet you can make the giant leap of faith if you are willing to deal with the fact that it may take some time to see the financial gains. However, by delegating your tasks and continually working on your business you can make quite a nice sum of money if you find an unexplored niche or product that you can offer a new twist on. On the bright side, while you are waiting to see your ‘real’ money appear the startup costs of an online business is not as much as an actual business in the ‘real’ world so you can start at a basic level and work your way towards your goal.
The rest is here:
Making ‘real’ money online for dummies
Posted on December 1st, 2009 in Business, Social Media | Comments Off
When most people hear the word exploit they automatically think that you are doing something unethical or illegal. However, exploit actually means to take advantage of a situation or to use or develop something in order to gain a benefit. Thus, exploit is actually the perfect verb to describe how you should approach the online business because you want to take advantage of the fact that the web offers easy access to millions of potential consumers and you want to develop the recession proof business venue to produce high sales figures. The only thing you need to know now is how you can exploit the online business world in four easy steps, and believe it or not it’s not that hard! Find your target audience- First off; you need to discover where your target audience is located on the web and what their interests are. It is much easier to see results from your advertising and marketing campaigns if you start by aiming them directly at the crowd of web browsers who are most likely to purchase your product or service. You can conduct your own research to find their tastes or simply hire a consultant, but you will see much higher sales profits if you go out and find them instead of waiting for them to come to you. Utilize social media- The largest advertising tool on the internet right now is also conveniently very low cost and easy to use, social media websites. Social networking is becoming the ‘IT’ thing in pop culture even more so every day since you are not somebody until you have a Facebook and Twitter account. Take advantage of the easy exposure and free advertising venue via status updates by joining and offering users easy access to your company. Additionally, this is a great way to collect consumer feedback which can help you improve your business in the future. Develop your website- If you had an actual store you would never let the door way and front side look as if it were ancient, so why would you leave your website looking this way? Your homepage on your website is the first thing that people see when they head over to take a look at your product or service. In this increasingly technical age people are highly critical of website design, webpage usability, and overall current information. If you are lacking any of these elements potential consumers will move on to another website that has them, even if your product is great. So remember, your sale starts with your homepage, not with the actual product introduction. Delegate!- Finally, this is the key to any group project or large business project, in order to accomplish all of your business objectives you cannot be afraid to delegate. The truth of the matter is that people who try to handle every aspect of their business on their own are doomed to fail because there is not enough time in one day to handle mundane tasks and still have time left for future development and expansion. Hire a virtual assistant or outsource some of your smaller tasks and web tasks that are outside your area of expertise and you will be surprised with how much time to put your energy where it really counts, into the future progression of your business!
Go here to read the rest:
How to exploit the online business world in four easy steps
Posted on November 25th, 2009 in Business, Social Media | Comments Off
News flash! Google makes a lot of cash on paid search ads. Phew. I couldn’t keep that ‘news’ in any longer. We are so used to that element of Google and the online space that it is really just viewed as a fact of life and not much else thought is given to it unless you are a PPC ‘guru’ (fyi – if you actually use that terminology to describe yourself (others doing it TO you doesn’t count) just know that people laugh at you behind your back). You buy the ads, people click on them and then you try to figure out if they bought something as a result. Based on the success of this model you would think that the ‘if it ain’t broke don’t fix it’ mentality would hold sway at a place like Google. Fortunately, it doesn’t. I say fortunately because there is not a lot business products and / or models that have maintained their leadership position by not changing and evolving (remember IBM’s Big Blue train wreck due to not paying attention?). As a result Google is making some adjustments to their paid ads presentation. The official Google blog tells us . Text is often useful, but sometimes videos and pictures are a more effective way to receive information. For example, if you want to learn a magic trick, a video showing you how to perform the trick is likely the best result. So over the past few years, we’ve blended videos, images, maps and more into the search results on Google.com. It also makes sense to provide you with richer types of information in the ads. If you’re looking to buy your mom a new handbag for the holidays, for instance, you might want to see pictures, prices, the addresses of boutiques in your area and a map of how to get there — all within the ad. To provide a better search ads experience, we’ve been developing and testing a variety of new ad formats. These formats are focused on giving you the information you need, while retaining what you love about Google advertising: that the ads are relevant and useful. Hard to argue with that thinking. Here are the examples given on the blog for the new variety of ads you may be seeing. Video in the ad More Links in the ad Maps and directions in ads Images and pricing in ads Chain store locations in ads Comparison ads The post closes with a nice summation from Susan Wojcicki, VP, Product Management While we experiment with new formats, we’ll remain loyal to our core principle : that getting the right ad to the right person at the right time matters. As we continue to think up innovative ways to give you the information you want, you’re likely to see even more ad formats until we pinpoint the most useful, relevant and engaging ones. We’ll keep trying new things until we discover the “perfect” ads that improve your overall search experience. All I have to say to these ads and the thought behind it is ‘well done’. Who needs Rupert Murdoch anyway (Did I just type that? My bad.) Pilgrim’s Partners: SponsoredReviews.com – Bloggers earn cash, Advertisers build buzz!

Go here to read the rest:
These Are NOT Your Grandfather’s Google Search Ads
Posted on November 25th, 2009 in Social Media | Comments Off
I have spent a considerable amount of time in the past year watching the decline and fall of the newspaper empire. At times I have had a ‘you get what you pay for’ take on the situation while at others I find it sad that an important industry is in a rapid downward spiral. Now add to the mix the musings / rantings of Rupert Murdoch and his thought that he can revive his industry through his proposed tactics and you are close to a three ring circus with all clowns and no ringmaster. You see, when I get the most value out of a newspaper it really has nothing to do with the hard news. In fact, I have already heard most of the news that I care about before a newspaper gets my fingers dirty (which I think is one of the cool things about newspapers because there are fewer tactile experiences in the online world). What I devour though in the newspaper is any investigative reporting. Anything that took time to compile and either promotes someone doing good or exposes someone doing bad. That’s one place where the printed ‘news’ works well. There could be others as well. I would like to propose some possible solutions / options for newspapers to consider. Let hard news ‘reporting’ be online and embrace it. The Internet is becoming a more real time medium and the printed word will not be able to compete. As a result, I would love to see in a newspaper a 4-6 page section that is just chock full of snip-its about news items. Just the facts. No opinions. Just a strong aggregation of the high points and no one’s opinion attached. Let me decide what to do next after you have gathered it up for me. Stop telling me what to think. Tell me what you think but don’t force me to think it. Now I am not suggesting that you go the Newsweek route and just have all op-eds all the time because quite frankly I hate that format. It’s arrogant and it is designed to divide and conquer. We have enough divisiveness in this world. What if you just had a strong stable of consistent op-ed type players who clearly identify where there allegiance is and then provide that content for their audience as the other side of the ‘news’. If I don’t like one or the other then I either don’t read it or, even better, I read it to be better informed. Present both sides of arguments REGULARLY as part of your format rather than trying to look balanced by occasionally bringing in someone from the other side as a sacrificial lamb for your readers to offer up to their ideological god. Be truly balanced. Stop taking sides for goodness sake. This Washington Post v Washington Times, right v. left crap is just that. Crap. I would LOVE to see a newspaper talk evenly about both sides of the same coin. That would take guts but I think there is a real market for it. I would read that one for sure. Recognize the real audience. The printed word is more for the thinker, the ponderer (I made that word up so sue me) and the person who wants to digest the news. Online is for the ADHD world we live in of ‘read and reject’ and ‘consume and dsipose’. The quick hit. The surface player. Let the online world serve the ‘real-timers’ and you serve the thinkers. Since an investigative technique takes time to put together there won’t be the ‘it’s old news before the ink hits the paper’ issue. Make a difference. As I stated earlier I think that a newspaper that was out there uncovering the good, the bad and the ugly of the world with long-term investigative pieces that dig deep and create change and impact would be awesome. You would have less staff because you were not concentrating on the minutiae of each insignificant story. Leave that to the online quick hit environment. Be a true change agent. I would pay for that and I think advertisers would to. Embrace bloggers and tweeters. Rather than view the real time nature of the web as a threat and somehow ‘beneath your standards’ embrace it for your readers and help them sift through it. What if you put yourself in the position of telling your dedicated readers that “we trust this or that blog” because of the following reasons. That would be cool. Bloggers would then be a much different animal if your could have a frienemy or co-opetition like relationship rather than a completely adversarial one. Let the engines index your content. This one’s easy. Don’t be an idiot. Stop playing political games. You report news not set public opinion. When you choose sides you actually lose credibility. That’s not reporting that is campaigning. As always there is more and I would love to hear your thoughts. If there is a paper that is doing some or all of these please let me know. Where else could newspapers evolve and take full advantage of the new world media order rather than act like there is a way to preserve their no longer relevant status quo? Thanks for reading and have a Happy Thanksgiving.

The rest is here:
Options for Newspapers in the New Media World Order
Posted on November 25th, 2009 in Social Media | Comments Off
In Radically Transparent , we talk about the importance of finding your “centers of influence.” This is particularly true when it comes to online review sites. Those that are unhappy with your products or services will find their way to an influential review site, without much difficulty. Those that love your service, tend to just accept that you met their expectations and move on–they rarely take the time to leave a review. So, if you’re facing a poor score on a review site, what should you do? Well, you should follow the lead of photography accessories company Steve Kaeser . I recently ordered some equipment from them and used Amazon.com, because I knew that if I had any problems, there would be a resolution system in place, that I trust. Not only did the order arrive on time and meet my expectations, but as a reputation management consultant, I was impressed by the two notes that accompanied the order: Neither was too pushy, but both touched on the essentials of building positive reviews: 1. Thank You – the blue card is a simple “Thank You” card. I don’t remember the last time a company took the time to include a specific note of thanks in with the order. 2. Feedback – the white label is very simple. If you love our products, please leave a review on Amazon. If you have any problems, “please contact us immediately so that we can make it right.” Want to improve your online reviews? Try these two simple tactics.

More:
Two Simple Tactics to Improve Your Online Review Scores