Monday, July 26, 2010

Making Money on the Web - My Journey Onward

And yet another week goes by! Well it certainly gets more intruiging as time marches on. This week I have started to learn the act of building web sites with CPanel, and I must say it;s quite easy to handle and I will show you later on what I may accompish using this program. There is also anothe program which came my way this week,  http://timmyurl.com/pgjkt  which is very impessive.
If you decide to get into Internet Marketing, then this is a must for you to use, as you will no doubt want to make some of this  as you go along.
I have also added lots of Links for you to check out on the right side of the Blog, so please have a look at them and perhaps make some comments! (Or even purchases)
The other thing I will be doing is adding a page to the blog called retirement income. Each week I will feature an article I have found on the web, although it may not be specifically related to making money on line.

Anyway, here is this weeks article about making money on the web:

Affiliates Should Set Realistic Goals


Posted by Joe on July 25th, 2010

When starting out as an affiliate promoting someone elses product or website it is normal to swing for the fence. However, this can eventually end in failure. Setting realistic sales and income goals can actually motivate and ensure longevity. For example everyone wants to make a million dollars and retire early. This is achievable if you set your goals realistically. The Internet is the grand illusion that paints this portrait of instant riches to the average online marketer. Newcomers often think they will see immediate income and be able to retire in 3-6 months. While this has happened for some the majority need a 3-5 year plan for success. The Internet guru’s and scam artists can be blamed for this tragic reality.

It is safe to say your first few months in business will be trial and error, learning as much as you can about marketing online and off and figuring out what works. Everyone should have a marketing budget and stay within that budget and grow advertising expenses as the profits start to come in. Add your credit card payments from month 3-6 and then your utility bills to month 6-9 and then the grand daddy of them your entire mortgage by month 12. Even if you just made an extra $300 a month and never added any more income, that could be used to accelerate the pay-off of debts and then put into a IRA to build retirement income. Add an extra $100 to your monthly credit card payment and you can pay it off in 1-2 years as opposed to 15-20. The power of making extra money online is all in how you look at it. Keep your day job, set realistic income and sales goals, track them daily, weekly, monthly and yearly and you will see your income grow and grow.

A case in point is someone trading in car rental and auto insurance. He studied some affiliate programs ahead of time and achieved great success in his business. He’s thinking of offering services in insurance quotes as well.


Well  people, I hope you got something from this weeks post and don't forget to comment! Until next week,
Cheers,
Richard J

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