Multiple Streams of Income: The Internet Part 8

Traffic generation is an important tactic to master. The more traffic you have coming to your site, the better your conversion ratio should be. I say “should” because traffic alone is not enough. Website content, ad placement, and follow-ups are just as, if not more important than traffic.

Think about it like this. If a visitor comes to your website but does not like what he/she reads, will that person come back? Obviously, the answer is no. On the other hand, a visitor may love your content and return repeatedly. However, if your ad placement is bad and you do not follow-up, you essentially cut off streams of income that could be producing tons of dollars!

Many ways exist to obtain traffic. If you have read my previous posts, you know that article submission (which creates backlinks) generates traffic. Other ways to obtain traffic are:

(1) Link exchange;

(2) Search Engine Submission;

(3) Search Engine Optimization;

(4) Viral Marketing; and

(5) Friend Networks (MySpace, FaceBook, etc.)


The above list is not exhaustive. However, it does list some powerful methods for obtaining website traffic.

Each of the above methods will be covered in subsequent posts. Note that these methods are time consuming and will take some diligence before you see results if you choose to do each manually. Options do exist that will significantly reduce the time you spend on these tasks and at the same time will increase your traffic. Less time and more traffic is far better than more time and less traffic!

Currently, over 50 MILLION website are on the Internet. How would you like your website to be #10,000? I know that being # 10,000 does not sound that good, however, to put this into perspective, if your website is #10,000 in traffic ranking for all websites, this means that you are generating hundreds of thousands if not MILLIONS of visitors per month! Could you imagine if you had that many visitors to your website?

If you would like this much traffic, you sound definitely check out Michael’s Traffic Videos! These videos cover every aspect of traffic generation that you can think of. Would you like your traffic rank to look like this:



The proof is in the numbers! Additionally, the best of this program is that one video shows you how to get 100,000 FREE Ad Impressions. FREE is always a nice word to hear when you are trying to create income.

Michael’s Traffic Videos will help you achieve these traffic numbers! Create traffic, make money. What could be easier?

Multiple Streams of Income: The Internet Part 7

Adsense and Adbrite are two programs you can use to monetize your website or blog. Put simply, all you do is copy code into your website and advertisements will appear. Every time a visitor clicks on one of the ads, you will get paid. The price per click depends on the ads you are showing. Do not woory about having to learn HTML code or anything like that, because both Adsense and Adbrite are easy to use and offer step-by-step instructions.

Sign-up for Adsense and Adbrite are both FREE, so you have nothing to lose.

A couple of things you should note:

(1) Clicking on your on advertisements is considered “click fraud” and will result in an immediate cancellation of your account and any money due. DO NOT CLICK ON YOUR OWN ADS!

(2) Rules exist as to where and how many ads you can place on a webpage. Make sure you read the Terms of Service for both Adsense and Adbrite so that you do not get your account cancelled.

(3) The amount of traffic you bring to your website will help generate a steady Adsense and Adbrite income. The more traffic you get coming to your website, the better the chance that somebody will click on one of your ads. Therefore, TRAFFIC = INCOME. However, some exceptions apply.

It is important to note that traffic alone will NOT create a substantial income from Adsense and Adbrite. You have to know how to get people to click on advertisements. The Adsense Decoded Videos have gotten great reviews! The best part about the Adsense Decoded Videos is that it shows you how to turn a significant profit even if you do not have much traffic!

However, if you do not like to watch videos or learn better by reading, and want your information instantly, the Adsense Whizz Kid is also a great product. The best part about Adsense Whizz Kid is that you get a FREE 31 Page Report just for visiting the website!

Whatever you decide, take advantage of these of these programs so that you can build another, potentially massive, stream of internet income!

Multiple Streams of Income: The Internet Part 5

Some additional notes on affiliate marketing to keep in mind:

(1) Make sure that you are promoting a product from a reputable seller. If the seller is not reputable, two problems arise. First, your reputation suffers, and second, you may not get paid. If the seller does not correctly track sales from your hoplink, you will lose money! We are not in this business to lose money. Therefore, start smart by finding a reputable seller.

(2) When you do affiliate marketing, you may have to give the seller some personal information for tax purposes. This personal information may include your phone number and social security number. If you do not feel comfortable giving out this information, you will need to find a seller that does not track your income for tax purposes. If this occurs, remember to claim any income you make on your tax return. The last thing you need is to get audited by the IRS!

(3) As I stated in my previous post, Clickbank is a good website for finding affiliate marketing opportunities. Alternatively, you can decide to promote a specific product from one seller. There are advantages and disadvantages to both. If you promote multiple products, you can reach a more diverse group of possible customers; however, it will be harder to track sales. If you promote only one product, you may not be able to meet the interests of all you potential customers; however, sales will be easier to track. Whatever you decide, make sure that you consider your time commitments and selling strengths.

Keep these notes in mind when deciding on a seller’s product!

Multiple Streams of Income: The Internet Part 4

A couple of other quick notes about article writing; as I stated in my previous post, search the terms “free article directory” in your favorite search engine to find various article submission websites. Some of the more popular websites are Ezine Articles, Go Articles, and Idea Marketers. Make sure that you submit your articles to these websites!

Make sure you write quality articles! If you write junk, you will not get traffic to your website. One of the primary purposes of writing articles is to drive traffic. Do not frustrate this purpose by submitting three sentence jumbles and expect results. Many good programs exist to help with article writing and submission. Article writing is very tedious, but with the right help from programs like Article Submitter, Article-a-Day, and 30 Minute Articles you can construct quality, traffic driven, and profit producing articles with ease.

Now that you have an understanding of article writing and submission, affiliate marketing will be our next topic. Affiliate marketing is basically selling other people’s products for them. For every sell you make, you get a commission in the form of a percentage of the purchase price. For a better understanding of affiliate marketing, use this link.

Many affiliate marketing websites and programs exist; however, the most popular is probably Clickbank. Clickbank can be used to promote your own product, should you have one, and/or can be used to promote other people’s products in order to earn a commission. If you search the terms “affiliate marketing opportunities” in your favorite search engine, you should be able to find a product or company that you feel comfortable promoting.

The best part about affiliate marketing is that all the work is done for you. The pitch pages and payment options are already set up by the product creator. All you have to do is drive traffic to the pitch page using your special link. You can utilize your website and/or blog to help drive traffic. Also, your special link or “hoplink” is how your sales are tracked and how you get paid. It is of the utmost importance that you remember to use your hoplink in the links you create. Without your hoplink, YOU WILL NOT GET PAID!

Affiliate marketing is a great way to make money. Many programs exist that will help you start and can make you a “Super Affiliate.” Some of these programs are The Super Affiliate Handbook, The Butterfly Marketing Manuscript, and Secret Affiliate Weapon! Many people are affiliate marketers for a living. Everybody has their own strengths. If your strength is marketing, you will want to pursue this opportunity as soon as possible.

Multiple Streams of Income: The Internet Part 2

Instead of trying to pitch a specific product, I am going to give you many different options in which you invest your time and talents and can achieve a cash return. Keep in mind that most of these options will not make you a millionaire, however, all will provide you with some extra dollars if you have the desire to pursue them. Further, I am not saying that you cannot become a millionaire with the following options, all I am saying is that in order to achieve that level of income, you have much hard work to accomplish!

As I stated in my previous post, there are many options one can pursue in order to obtain multiple streams of income. We are still talking about the Internet. In this post, I will give you an overview of just some of the options available. In subsequent posts, I will discuss each one in depth.

Blogging
The word “blog” is an abbreviation for the phrase “web log.” Think of a blog as an Internet diary that the whole world can read. People post personal thoughts, ideas, conversation, or whatever they want in order to share with the world. However, as blogging has become more popular, people have used blogs as a marketing tool. The more traffic you obtain, the higher your potential income may become. In order to obtain income from traffic, you can sell a product on your blog, advertise, Google Adsense, and/or AdBrite to name a few. All of these options provide viable options that will monetize your website.

In order to find a blog service that you like, just search the terms “free blog” in the search engine of your choice. If you are interested in a subject and can write, you possess the elements necessary to start a blog. Most importantly, blogging is free and the tools available to monetize your blog are usually free!

Article Writing
Another way to make extra money is to write articles for websites like Helium. Using services likes this will do two things. First, your writing skills will become more refined, and second, you will market your name and your blog thus obtaining more traffic and a good reputation. These two benefits will help you obtain dollars and will also drive traffic to your blog.

Affiliate Marketing
By utilizing websites like ClickBank, you can sell products on your blog for a commission. Selling these products are easy because all you do is provide the link. If your traffic clicks on these links, they are redirected to the product’s pitch page and thus does all the work for you.

Multi-level Marketing
In the spirit of not promoting any specific product, I will not mention any names; however, multi-level marketing can be a powerful weapon to wield in the Internet jungle. It is important that you find an opportunity that is FREE or nearly free AND that provides income to members mostly on sales and not on referrals! If a company focuses too much of its pay-outs on referrals, you may be looking at an illegal pyramid scheme and should avoid the scam at all costs!

Blog Advertising
By utilizing websites like Payperpost.com, Blogsvertise.com, and Blogitive.com, you can make money by writing about a product and posting your writing on your blog. These services are free and very easy to use. The only disadvantage is that your blog has to meet certain requirements of Google page rank, traffic, and/or number of posts. Read the requirements and make sure you meet them before you sign up!

AdSense and AdBrite
These services post advertisements on your blog or website. Every time a visitor to your blog or website clicks on one of these advertisements, you get paid. Keep in mind that the pay ranges from $.05 to $5.00+ and are only really profitable if you have a lot of traffic coming to your blog or website. However, free money is free money and should not be passed up!

Surveys
Many Internet survey sites exist that will pay you to take surveys. Globaltestmarket.com is one such site. Like I said, I will not promote one specific product, so search the terms “paid surveys” in your favorite search engine to see what results. Most of these services will award you points for taking a survey. Once you acquire enough points, you can exchange them for cash. This opportunity will not make you rich, but like I said, extra money never hurts!

Check out all these opportunities and see how much you can make!

Multiple Streams of Income: The Internet Part 1

Let me start by saying that this multiple streams of income series is going to be long. There are going to be many posts over many days, but all should provide help and usefulness. We start with the Internet.

Entrepreneurs come in all shapes and sizes. Some have very specialized education, some are high school dropouts. However, all entrepreneurs share one distinct quality. That quality is the drive, the motivation, the desire to better our current situation. All of us share a deep seeded passion to create a better life for ourselves and our loved ones. As such, we have the talent to succeed in whatever venture we choose. Do not be discouraged if you lack a formal education or are attempting an investment in a new field. As long as you possess that deep seeded passion to achieve greatness, at whatever level, you will find your version of success.

On that note, we begin with the Internet and the most obvious question, “Do I need a website?” There are two ways to approach this problem. You can either spend money or try it for free. Do not get me wrong, I firmly believe the old adage that “it takes money to make money,” however, if you are a new entrepreneur, you may not have much money to invest. As such, you will want to conserve your money for your most important purchases. Therefore, why pay for a website when you can get one for free? A free website will most likely come in the form of a blog.

The word “blog” is an abbreviation for the phrase “web log.” Think of a blog as an Internet diary that the whole world can read. People post personal thoughts, ideas, conversation, or whatever they want in order to share with the world. However, as blogging has become more popular, people have used blogs as a marketing tool. For those of you that want to save some cash, you should check out (1) Blogger; (2) Wordpress; (3) MySpace; and (4) Live Journal to name a few. If you do not like any of these just search the terms “free blog” in the search engine of your choice.

Advantages of Blogging
• It is usually free
• Easy to use
• Many services and products to assist you in blog formation and creation
• Easy to find help with questions

Disadvantages of Blogging
• Your website will have a subname. For example, your website will not be www.yoursitename.com. Instead, you site will likely not have a “www” prefix or will have a name like www.blogservice.yourwebsitename.com.
• Harder to create multiple pages
• Webpage look usually limited to available templates

The choice is up to you. Buying a website can be expensive depending on the hosting you choose and whether or not you are competent with website design. Blogs provide a great alternative and are usually free. Do your homework and figure out which is better for your needs and wants.

Multiple Streams of Income

Just like diversifying a stock portfolio gives you the best opportunity to make money by spreading your risk of loss, multiple streams of income give you the best opportunity to achieve wealth and success. The phrase “multiple streams of income” has been around for some time. You have probably heard it used in various wealth building systems and/or popular personal success literature. The logic behind the idea of multiple streams of income is simple. The more areas from which you acquire income, the greater the chance of success and the less the chance of loss. The goal of multiple streams of income is to build a large passive income and residual income.

Passive Income vs. Residual Income

Passive income is defined as: Income derived from business investments in which the individual is not actively involved.

Residual income is defined as: Recurring income received after the initial sale is made.

Income, as defined by the I.R.S. is: An undeniable accession to wealth that is clearly realized and over which the taxpayer has complete dominion and control.

As you can tell by the definitions, some differences exist between passive income and residual income; however, both are equally important and effective in helping you acquire wealth. Now we get to the million dollar question, how does one achieve a passive income and a residual income? This is the whole concept behind the goal of multiple streams of income.

Multiple Streams

I could easily tell you the many areas of business and entrepreneurialism that could help you achieve a passive and residual income, but it probably would not help much. If I said, “Check out the internet, real estate market, stock market, employment opportunities, and investments/savings products,” you would not gain any insight into these areas of potential success. However, over the upcoming months, I am going to break down each area stated above. I am going to tell you about as many different possibilities, products, and opportunities that I know of in each area. By doing this, I hope to inspire you to pursue some of these opportunities. I also hope to build your motivation and get your entrepreneurial mind working.

The Main Categories

I will discuss: (1) the internet; (2) real estate possibilities; (3) stock market strategies; (4) employment opportunities; and (5) investment and savings products.

Please note that each “main category” will be discussed in depth in numerous posts. I will discuss the many different avenues for each category and how each avenue can help you create passive and residual income.

More to come soon...