Thursday, February 5, 2009

Managing Your Online Business - The Investment/Cost/Profit Relation

One of the biggest advantages the Internet offers for entrepreneurs is the fact that you can start your business with virtually no investment, yet it does not mean you don't have to manage your online budget carefully. People mostly start with AdSense or some affiliate campaign to get their first online paycheck, but reinvesting wisely is not a simple task. Nowadays, there are tons of options that can bring more traffic for your website, e-store, or blog. We will talk about some of them on this post:

AdWords: the immediate mirror for AdSense, you can start with a minimum investment to improve considerably your page hits, since your AdWord campaign will allow possible costumers to get to your site from a direct google research or visiting related sites.

Directories: some of them are completely free, while the price for others may range from attractive to unreal, the fact is: directories help your pagerank to climb considerably. Even if their traffic is not so high as google, when it comes to pageranks the existence of links to your sites on them will make a difference.

Here are some of them:

http://botw.org

http://www.prolinkdirectory.com/

http://www.webdirectory.cc/


Direct Advertising: if you know websites that may have the same audience you want in your own, you can offer them directly to put banners directly on their website to yours, may it be with recursive links, or offering a small amount of money for it, most of them will be interested in one way or another, since there is always more room for links in any site, and with a little bit a money you can see your Google Analytics charts jump high.

There are plenty more options for improving your traffic with little investment, with a bit of creativity and a click for business, you can create from nothing a successful web business in a matter of months.

Domain Parking

In this post i will talk a bit about domain parking and how to earn with that. When you "park" a domain, basically you just register it and let it practically content-less, just giving room for ads that will generate income to you when visitors navigate on your parked domain and click in one of them.

Nowadays most of the good domains, the ones with strong keywords that generate good page rank and therefore good traffic, so the only solution for having a profitable domain parking business is to own a lot of domains, and earning a bit with each of them, you can have a satisfactory amount of money per month. In my opinion a domain is already good enough to be kept when it reaches 5$ profit every month, so if you have lets say 100 parked domains, you can earn 500$ or more.

It's pretty much simple and quick to register a domain, the only problem nowadays is to find viable domains that are still not taken, since its simple and quick for you, so it is for everyone else.

Dynadot.com offers a good deal for people willing to start with domain parking. With Dynadot.com you can register a domain, park it for 5 days to see how it goes and after, if it's not profitable you may give your domain back and get the money you invested in it as credits which can be used to register another domain, with a minimum fee applied.

So get to Google Keyword Tool and try your luck with domain parking!

How to make money with art on the Internet

The visual artists of our presents times normally tend to find jobs as web designers, layout designers or product/industrial designs. But much of these artists end up filling up boring office positions and in order to keep their jobs they have little or no room for expressing their talents or use their inspiration to create a work that mirrors their passions and feelings. The featured site today is deviantart.com, the largest art portal on the web, and top 100th of Alexa's most visited sites.

In deviantart.com, the artist-user has a wide variety of possibilities to promote their artwork, get in touch with the art community using the forums, buy and sell prints of their artwork, offer their services and also get freelance jobs thanks to the interactive environment of deviantart.com.

Many contractors use this tool to find new talents, and no matter what kind of artist you are, you will be able to show yourself to the world, from painters, to writers, from 3d modellers to photographers, deviantart.com offers a vaste number of income generators from your artistic talent to your bank account.

Indexing Your Blog Updates Quickly

Indexing your website quickly to search engines is something EXTREMELY fundamental if you want more traffic on your site, every time you write a post or even if you start a whole new website, google, yahoo and other less popular search engines take some amount of time for indexing it, and it may vary due different factors which will not be treated here except for one which is building a site map.

Google (XML) Sitemaps Generator for WordPress is a great tool for creating site maps, and if your blog is based on Wordpress you should really download it and check it out the difference that a site map can make for your website to be indexed on search engines. Here are some features of this site map generator:

Features:

* Available for all WordPress versions since 1.5
* No PHP skills or file changes needed
* User interface to customize all parameters like priorities etc.
* Available in many languages
* Generates automatically a sitemap for all types of WordPress pages
* Calculates a priority for each post, based on the number of comments
* Notifies Ask.com, Google, MSN Live Search and YAHOO about changes via ping
* Includes a WordPress filter for other plugins which can add their pages to the sitemap
* Generates a static XML file as well as a zipped version

Personally i have tried it myself and noticed an indexation average time much more efficient after using such plug-in and mainly for news related blogs, it can make all the difference for your blog.

Webmoney Exchange Service

Transactions using e-gold have grown worldwide, and even small businesses in the U.S., Europe, and Asia, are making use of this digital currency exchanges when doing business. These exchange e-gold currency for electronic money, or convert one type of digital currency (DC) to another, such as WebMoney into e-gold.

But if you are into this kind of business such as to sell e-gold for wmz, visit Automatic e-gold and WebMoney exchange service The exchanges are done here completely in an automatic mode in 1-5 minutes. They also specialize in an exchange, input-output of electronic currencies.

You can find in the WebMoney site a list of online resources that trade WebMoney with a list of different e-currencies, and i believe it is very useful for all sorts of Internet entrepreneurs, since the growth of e-currencies is higher every year.

So here is the link with a list of different webmoney and other e-currencies exchange services, mostly are russian, but you can also find a good variety of english speaking services. I recommend some intense research before choosing a trader since the rates and time for concluding transactions may vary considerably

Private Advertising On Your Site

Nowadays, a lot of automated advertisement services, such as Google Adsense, Azoogle, and also in text automated links such as Kontera and Infolinks are the main source of revenue for many blog owners and webmasters, at the same time that it is the most powerful tool for advertisers, due to its global and immediate reach. They are nice and reliable but they aren't the only possible way for advertising on your website and earn directly with impressions and/or clicks.

If you have a consolidated website with a decent traffic rate you can offer banner spaces directly to potential companies that would like their name on your site. You can put a section on your site where the advertisers would click themselves and contact you for a possible arrangement, or you can send emails, telling them about the advantages of advertising in your site, and finally convincing them to do it.

Here is a perfect example of how successful this approach can be: On the Earn Forex website, there is a Forex Advertising section in which the webmaster shows to possible costumers how much would cost to have different spaces on his website. Obviously the amount of money you will charge may vary according to your website traffic and its PageRank, let alone the market and the amount of money advertisers are willing to spend on direct online marketing