10Money.com logo, portrait of Washington
"Tips so invaluable, they're like a license to print money!"

  Site Directory:  
10Money Home
  About 10Money.com
  Banks and Finance
  Business, All
  Business, Web Sites
    1. Market products
    2. Build a site
    3. Promote it
    4. Add content
    5. Web Business Links
  Cars
  Careers
  Credit Cards & Debt
  Free Stuff
  Health Savers
  Homes
  Insurance
  Investing
  Shopping Savers
  Taxes, Personal
  Taxes, Business
  Thriftiness
  Utilities


    Help Pages:    
  About Us
  Link To Us
  Useful Resources
  Privacy Policy
  Password List
  Site Map
  Scorekeeping Page
Want a newsletter filled with more fortune-building tips delivered to you via email?  Subscribe here with your email address:
  New Articles:  
Get Inexpensive Long Distance (Update, 1/19/07):  Get long distance for usually less than 3¢/minute.

Inexpensive Cell Phone Calling (New, 1/17/07):  How to get a good cell phone and plan at minimal expense.

Cut Your Electricity Bill (Update, 1/15/07):  Many ideas to help you save power using appliances.


Start An Internet Business!

It used to be that to make money on the Internet, you needed little more than a web page maker and a little common sense.  It's not nearly so easy as it was around the turn of the 21st century, but it's still possible to succeed if you have enough business sense and you give it enough time.  And there are many reasons to just plain feel good  about becoming an Internet entrepreneur:

  • People get their shopping done faster online, and a recent study showed that people save an average of 9% to 16% when shopping online.  You'll be giving people better deals than they've ever seen before!

  • The Internet business model improves the working conditions of the retail workforce.  Think about how the UPS drivers who deliver products have a more enjoyable job than most store employees.  Wouldn't you rather drive a truck around town making deliveries, than stand in a checkout line all day?

  • You're actually helping protect the environment.  The Center for Energy and Climate Solutions estimates that having an online purchase delivered to your door consumes about 90% less fuel than buying it at a mall.  That saves energy, while reducing pollution.
Fortunately it costs less than $200 to build a site and get started.  I believe that there are eight keys to a successful Internet business.

  1. Popular, High-Margin Products.  To make sales easily, find products that you know are popular and have a high profit margin.  You might start by picking products that you  know about and are interested in, but always be sure to widen your product selection as much as possible because oftentimes you can just market a product and let somebody else provide the customer support.

  2. Persuasive Content.  Build a Web site that persuades people to buy the products, and teaches them how to get the most benefit from those products.  Make your site informative and professional-looking.  Know your customers: list specific benefits, but don't use marketing hype.  Don't try to create a lot of content: just mention the best 3-7 points about your product, then urge them to buy it.  If you spend too much time creating content, you won't have the time to put up enough product pages to make good money.

  3. Clear Directions.  It should be clear to your visitors how they should use your site.  Make your site easy to understand and navigate, don't "junk it up" with distracting extras.

  4. Extra Incentives.  Give them an incentive to buy the product from your site, rather than some other site.  Some good ideas are to throw in an extra freebie, write informative articles, hold prize drawings, or add personalized services to your site.

  5. Thorough Testing.  Inspect your site thoroughly.  Show it to people who are good at writing English and designing Web sites, and find out what they think.  Fix all problems before  you submit the site to the search engines and directories.

  6. Maximum Efficiency.  Software is available to help you automate every aspect of your Internet business.  You can create web pages easily using web "templates" and design software.  Other software packages will submit your site to search engines, send advertisements, and streamline all of your office procedures.  Improved efficiency means you can put up money-making web pages much faster.

  7. Good Search Engine Promotion.  Surf broadly to study articles that teach how to optimize your pages for the search engines.  Link to as many other good sites as you can, to get clicks and to increase your Google PageRank.

  8. Follow Through.  Remember to follow up:  provide good customer service when necessary.  Send out newsletters with helpful articles, in which you can also offer useful products for sale.


  1. How To Select Products And Associate Programs
The ideal product or service to market on the Internet has these characteristics:

  • It is a popular product that many people want.  Or, it's an excellent new product that people will soon  want.
  • It stands out from competing products, providing good value for its cost.
  • The customer can actually get a free trial.
  • It has a high profit margin (it gives you a good profit on each sale.)
  • Competition is sparse: not many other people are marketing the product.
  • The reliable supplier of the product is helpful and will not cheat you.
  • It is something that you have a passion for, and you have expertise in using it.
  • It is something that people want to buy on the Internet.   For example, software is often bought on the Internet, but clothes are more often purchased in stores.  That's because people want to examine how well-crafted the item is, and try it on to see how they will look in it.
Here's a brief list of some products that I have found can be effectively marketed on the Internet, and how much money you can expect to receive:

Books:  5-10% of price
Cars:  $2-4 per free quote
Consumer electonics:  3-5% of price
Credit Cards:  $15-30 per card
Insurance:  $2-3 per free quote
Magazines: 30-50% of price
E-commerce marketing advice: $15-65 per product
Software:  3-10% of price
Toys:  3-10% of price
Telecommunications: $10-$20 per plan, or
5-10% of customer billing


Some other products would probably be highly marketable on the Web (computers, pharmaceuticals and gifts come to mind) but I haven't tried marketing those product types yet.  To help you find and market products, start by joining Associate Programs.  I've tried literally dozens of Associate Programs over the past 2 years, and the Amazon.com program has stood the test of time.  It has many of the characteristics you should look for in an Associate Program (which is often called an "Affiliate Program"; basically they're the same thing):

  • It has a very wide product selection.  You can refer your customers to Amazon.com to buy literally millions of products.  You can link to any individual product, and their reporting system tells you which products are selling well and which ones are turkeys.  Even if they don't buy the product you recommend to them, there's about a 20% chance that they'll buy something else there, and you'll still get a commission.

  • Most people are familiar with Amazon.com, so they have little hesitation buying something there.

  • Amazon.com provides a great shopping experience: low prices, fast shopping, responsive customer support.

  • They pay their Associates a 5% commission on almost everything, which is quite good when compared to most other retail Associate Programs.

However, there are a few drawbacks to Amazon.com's Associate Program:

  • The customer can't get a "free trial" of Amazon.com's products.  Sites like MagazineAgent.com that offer free trials often bring in higher revenues for their Associates.

  • The commission per purchase isn't very high: on an average purchase of $50 you'll receive only $2.50, and there's also a nasty cap of $10 per product.  Some Associate Programs out there will pay you $15, $25 or more per sale.

  • Amazon.com doesn't give you a "return period".  If you refer a customer to Amazon.com, and that customer leaves Amazon.com for five seconds, then comes back to buy something, you get no commission.  Some other Associate Programs have a return period of days, weeks or even years!  If your customers return to the site within the return period, you still get a commission.  A return period of just one month can sometimes double your revenues.

    Make Your Site Sell is a fast-expanding Associate Program that gives you lifetime commissions on every customer.  It will also teach you how to create a money-making web site.

  • Like most Associate Programs, Amazon.com's requires monitoring.  Fortunately, you can check your account statistics (traffic and revenue) at any time.  You should check your account with them at least once per week, to make sure your links to their site are correct and still generating revenue for you.

Here are some other things to keep in mind when selecting an Associate Program:

  • Don't associate yourself with shady sites.  There are some casino and porn sites that promise high commissions, but then some of them don't pay up and your reputation could be ruined in the meantime.

  • Every Associate Program requires you to accept an Associate Agreement of some kind.  Look it over very carefully, or at least do a word search for "exclusive" on the page.  Fortunately the main three Associate Program sites (Linkshare, Commission Junction and Be Free) don't allow exclusivity clauses.  Don't agree to anything that ties your hands in any way for longer than 30 days.  These are called "exclusivity clauses" and they're just plain unacceptable.

Here are the best places I've found to locate good Associate Programs:

     
 
 
What To Do Now:
 
Time to complete:  10-60 minutes per Associate Program researched and joined
Money you'll spend:  $0
What you'll get:  An ongoing revenue stream (anywhere from a few pennies, to thousands of dollars per month.)

Where to find Associate Programs: 

  • Commission Junction is the most popular affiliate center because you get paid every month for all of their programs, plus most merchants there will give you a long "customer return" period of 45 days.

  • Be Free (also known as Reporting.net) has earned a good reputation and has some worthwhile programs.

  • LinkShare is a highly professional Associate Programs site, and I've received a good percentage of my income from using it.

Further Reading:



Back to top
Print "Sunny Money"



  2. How To Easily Build Your Own Web Site
Did you know that you can build your own web site in just a few hours, and add new web pages in just a few minutes per page?  Site Build-It by Ken Evoy is the best way to create a site.  Ken is more dedicated to helping people succeed on the Internet than anyone I've ever heard of.  This web-based site creation program makes it easy to:

  • Design your site: just select the "look and feel" you want, Site Build-It  does the rest!
  • Learn Effective Copywriting: Site Build-It  makes it easy to write persuasive web pages and eye-catching advertisements.
  • Submit To Search Engines: submission is automatic whenever you create a new page, and it even resubmits the page as it checks the search engines and finds any search engine that hasn't accepted it.
  • Perform Search Engine Optimization: are some of your pages not ranking well in the search engines?  Site Build-It  will actually point out what you need to do.
  • Do Advanced Traffic Building: Site Build-It  makes it easy to use pay-per-click search engines, do networking with other sites, and much more.
  • Create EMail Newsletters: You'll be able to send non-spam email to your customers with the click of a mouse.
  • Read Detailed Online Help: Ken Evoy himself handles this, and he's a nice and intelligent person who you can rely on to get you started.
  • See Traffic Stats: It's easy to see how your site is doing.

It comes with a risk-free money-back guarantee, but if it seems too costly then you can get free or low-cost courses too.  Just click on the SiteSell Home link on the bottom of the page and you'll see everything Ken has to offer.  Ultimately you'll probably end up buying SiteSell, because it has nearly all the benefits Ken can offer in one all-encompassing package.

Some time ago, I decided to play "Devil's Advocate" concerning Ken.  I searched Google for '"Ken Evoy" "ripped off"' to see if there were any customers who were dissatisfied with him.  I clicked on the top result returned by Google at Results From The 5 Minute Survey (this is a site devoted to Internet marketing.)  The page reports the results of a survey of people who are active in Internet marketing.  Doing word searches for "Ken Evoy" and "ripped off" on this page, here's what I saw:
8) Have you ever had any of the following experiences? (Check as many as apply)
    Returned a product without hassle 64%
    Returned a product with too much hassle 25%
    Been ripped off by an online business 61%
    Been ripped off by an customer to my business 12%
    Closed an email account because it was getting too much spam 43%
    Clicked on a link in an email and purchased a product 81%
  .
  .
  .
10) The person I MOST TRUST for online web business advice is (choose one from the list below)...
    Corey Rudl 11.25%
    Ken Evoy 33%
    Marlon Sanders 11.25%
    Anthony Blake 6%
    Yanik Silver 10%
    Michael Green 4%
    Allan Gardyne 4%
    Jim Daniels 8.75%
    Jim Edwards 5%
    James Campbell 4%
   
11) The person OTHER THAN JOE KUMAR, I LEAST trust online is (again, choose one answer below)...
    Mark Joyner 43%
    Corey Rudl 10%
    Marlon Sanders 5%
    Yanik Silver 5%
    Armond Morin 9%
    Michael Green 8%
    Neil Schearing 4%
    Jim Daniels 5%
The top 10 Google results I looked at for '"Ken Evoy" "ripped off"' all spoke approvingly and often glowingly about Ken!  In case you're curious, Joe Kumar is an author who writes about Internet marketing (he was probably excluded from the survey because he interviews Internet experts for their experiences, rather than writing about his own -- but 'nuff said.)  Here's how to build your own web site with maximum cost-effectiveness:

     
 
 
How To Easily Build Your Own Web Site
 
Time to complete:  2 hours to create a basic site, plus a few minutes per additional page you create
Money you'll spend:  $299 for one year (or sign up for free or low-cost courses)
What you'll get:  Your own web site with unlimited pages and email addresses, and good traffic.

Step-by-step instructions: 

  1. The first step is 100% free:  just surf to SiteSell.com and click on the Affiliate Masters link near the bottom, on the left side of the page.  That will give you a 5-day course that explains Ken's ideas about "e-commerce for the rest of us".

  2. Purchase Site Build-It, now available for release to the general public.  The price has gone up in recent years along with the quality and an increasing list of features.  Right now, Site Build-It  includes:

    • Your choice of a domain name for your site
    • Unlimited use of Site Build-It  to build as many pages as you like
    • Unlimited e-mail addresses (yourname@yourdomain.com, info@yourdomain.com, etc.)


  3. Follow Ken Evoy's instructions for building your own site.  Ken is one of the great marketing teachers of our times, and he has a talent for making his lessons interesting and easy to understand.

Further Reading:



Back to top
Print "Sunny Money"



  3. Promote, Promote, Promote!
Okay, let's assume you've started your own web site and now you're looking to build great traffic.  I'm not someone who will glibly tell you "oh sure you can succeed pretty easily, just buy the stuff I advertise so I can make money off your credulity."  About 95% of web sites that trumpet how much they can help you, are really interested in parting you from your money.  Avoid being sucked in by a promise that someone else's system will necessarily work for you:  instead, you would be well advised to try a lot of different ideas, spending no more than a few weeks on any one of them, until you finally find a combination of ideas that pays off for you.  By avoiding reliance on one business theory you minimize your exposure to its possible failure, and you limit the emotional lows of your business stumbles.  Most people who try for Netrepreneurial success don't succeed at first; almost all small business is like that.

So let's list some goals you really need to consider if you want to succeed as a Netrepreneur.  They may seem like just common sense, but I can almost guarantee you that if you're not enjoying much success as a Netrepreneur, you need to stop spitting out pages for a while, look deep down in your soul and re-examine your basic goals and methods.

  1. Anyone should be able to like what they do for a living.  Otherwise I think they're really cheating yourself out of having a good time, and their innermost being will respond to their "cheating" with any number of self-sabotaging behaviors.  If you're not enjoying the journey, that's a sign your career should be something else.

  2. You must have either good sales conversion or effective advertising (for example, Google AdSense) to mazimize revenue.  With good conversion especially, you can enjoy success even if you use spendy methods like pay-per-click traffic.

  3. You want a site that's very "sticky" (in other words, you need people to stay interested in your content.)  You should be building loyalty among your customers.  The only way to do this is to care about them; I can think of no shortcut.  If you really want to help people and you're resourceful, it can be done.  Find products and services that you really believe in, develop persuasive skills, and enthusiastically employ those skills in your site design and your follow-up emails and newsletters. **You must get into the mind of the user.

Now, there are three basic ways to get traffic:

  1. Search engine optimization.  You can do it yourself if you have the patience and technological knowledge; for most people, it's better to hire someone for say $1000 to $3000 dollars per year.  If you sign up for Site Build-It by Ken Evoy, it's handled for you automatically.  Otherwise go to Google and look for "search engine optimization"; if a company is really good at it, they'll show up for this search phrase.  This method works best for sites that are out of the mainstream:  don't over-focus on it if you have a highly competitive site such as insurance, do use it if your site is somewhat fringish such as a magic shop, and definitely use it if your site needs to attract lucrative customers, such as a town real estate office.

  2. Referrals.  This is the most powerful traffic-building method:  it works well if you're committed to building an excellent site that people will want to tell their friends about.  The best tools for power traffic building are listed at the Trafficology site, which offers a free newsletter devoted to two things: (1) traffic building and (2) making you their customer-for-life. ;^)

    Trafficology is the Internet's most in-depth archive of traffic-building tips, but perhaps you should go with them only after you feel that you're starting to graduate from the intermediate level of web design.  On the other hand, they have a money-back guarantee so you have nothing to lose by trying their materials (except your time:  it may take hours of study to determine whether their advice is "up your alley.")

  3. Advertise.  Probably the best way to start is with pay-per-click traffic.  Avoid banner advertising to begin with:  most people have tuned those out.  Pay-per-click works well for sites that have high conversion rations, so make sure that your site offers people excellent deals and has great copywriting.  Pay-per-click is the quickest traffic-building method for beginners, and will help you learn what are the highest-converting revenue sources and technicques.  Start slow and be sure not to spend too much until you know you've got a winner.

My bottom line advice, born from years of hard-won Netrepreneurial experience:  if you're a beginner, sign up for Site Build-It by Ken Evoy which teaches you some excellent techniques while it handles much of the hard work for you; if you want dynamite advanced stuff, Trafficology is what I personally use.

Here's some of the best specific resources for site promotion:

     
 
 
Promote, Promote, Promote!
 
Time to complete:  Varies
Money you'll spend:  Varies
What you'll get:  Increase your traffic by leaps and bounds

Best ways to promote your site: 

  • There are some pretty good pay-per-click search engines to place ads on, mainly Goto.com and FindWhat.com.  You can see a list of them at PayPerClickSearchEngines.com, and get a good idea of how much traffic they can send you.

  • Consider submitting your site to the top directories on the Web.  However you'll probably have to pay hundreds of dollars to get into Yahoo and LookSmart, which are steadily becoming less important; the open-source DMOZ directory should be your main target.  When you submit your site, write your descriptions very concisely.  Use just the keywords you think people are searching for when they want the products you're selling.

  • Add a "site search" capability to your site, so people can easily find what they're looking for when they visit.  Some popular customizable free site-search engines are Master.com which I use, and Google Free Search.  Doing this could increase your sales by around 10%.

  • Write a good ad for your site, then pay to have it inserted in email newsletters that are targeted to the type of people who visit your site.  Do a test run first, running differently worded ads in 3-4 issues of the same newsletter.

One of the best things you can do is to network with other sites, asking them to exchange links with you.  It can be time-consuming work, but it really pays off because the search engines give high rankings to sites that are linked to by a large number of other popular sites.  Here are some ideas for persuading other people to link to you:

  • Link exchanges  are the easiest way to get a large number of other sites to link to you.  Do a search on Google for terms like "link to us" and you'll find plenty of sites.  To narrow it down, include your site's main product type (e.g. if your site is "AllAboutWidgets.com", search for 'widget "link to us"'.  To make the process easier, join a "link exchange" where every member is looking for link partners.  Again, just search for "link exchange" on Google.

  • Optimize your site's design, then visit some of the many sites that hand out awards.  Ask them to exchange links with you, then post their award graphic on your site.  The best awards site I've seen is AwardSites.com.

  • Write useful articles and offer them for free to other sites, if they will just link to you.

Further Reading: Here are some other promotional ideas for "down the road", if and when you really design a great site:

  • Start a free newsletter.  It doesn't have to cost you a penny to send out a weekly or monthly newsletter, just ask your web hosting provider how to do it.  That will keep your site in the minds of your customers, and keep them coming back to your site.

  • Try to get some free publicity.  Establish a list of journalist contacts, send out press releases, and do radio and TV interviews.

  • Go to Google Groups and start promoting your site in the Internet's "newsgroups".  For people who have a good site that can really start a "buzz" on the Internet, this type of promotion can work well.

  • Start your own Associate Program, commissioning other people to send paying customers to your site.  You only pay them when a customer buys something, so it's like "pay-for-results" advertising (the best kind!)


Back to top
Print "Sunny Money"



  4. How To Add Content To Your Site
So far, I've barely spoken a word about adding content to your site.  The reason for this is that many people have the mistaken notion that in order to succeed on the Internet, they need to create a really snazzy-looking site with all the bells, whistles and "sticky content" that the big sites have.  That's not true:  your site just needs to look respectable.

If you're aiming to receive revenue from Associate Programs, you don't necessarily even want people to stick around on your site.  You just want them to click through to the site you're associated with, to buy something there.  The only "content" that is needed is a brief article that recommends the product you're selling.  To get that click, list the best points about the product you're selling.  If you bought it yourself, add your own personal observations and recommendation.  Close by repeating your best selling point, then urge the visitor to acquire the product.

Nevertheless, there are a few reasons why you may want to spend a little more time developing content:

  • You want to give other web sites a good reason to link to you.

  • If you can add some usefulness and/or enjoyment to the experience of people visiting your site, there's a slightly higher chance that they will buy from you. 

  • It's fun to create a good-looking, enjoyable site.

  • Good content can keep a few people coming back to your site.  But don't count on much more than a 10-20% increase in traffic, because people tend to have no loyalty on the Internet.  What loyalty they do have, is given to more famous sites than yours or mine.

  • If you really have something important to say, you may want to write some articles for your site.  Artists may want to add graphics, game designers may want to make their site a really fun place, and so on.  That's great!  Just don't expect to make much money at it, because there's a million other people with similar ambitions.

  • It's extremely important to include advertising on your site, which you can only do if it has some attention-getting content.  The best place for a beginner to get ads is from Google AdSense.

Don't go overboard when you add content to your pages.  Too much extra content could make for slow-loading pages, which will lose you customers.  And you don't want to distract customers from the money-making links that you want them to click on.

Here's the best sites I've found for adding content to your site:

     
 
 
How To Add Content To Your Site
 
Time to complete:  Varies
Money you'll spend:  $0 in most cases
What you'll get:  A more useful, interesting web site

Best content sites: 

  • 123Webmaster.com is a one-stop shopping center for free content of all kinds.

  • Yellowbrix.com has tons of free articles and graphics that you can put on your site.

  • Everyone.net allows you to add email, discussion and chat capabilities to your site.

Further Reading:



Back to top
Print "Sunny Money"



Copyright (c) 1998-2007 Ark Royal Software. Legal Notice, Disclaimer and Terms Of Use