Friday, October 24, 2008

Creating Multiple Income Streams With Your Site

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BWMagic's Internet Marketing News!


Read This Newsletter Online:
http://www.bizwaremagic.blogspot.com




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Contents:

o Creating Multiple Income Streams With Your Site

0 My First Affiliate Check Was $5

o SBI - Halloween Sale - $100 for Second Site

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As I directly help some of my readers and a
close relative with establishing an online site
or business - one question is always at the back
of my mind.

How can I help them set up or create multiple streams
of income from their site or sites?

It is something I have successfully done with my
own sites and it is one of the reasons I can work
full-time online enjoying all this marketing stuff.
As the world's economic situation goes further south,
I believe creating multiple sources of online revenue
will play a greater role in what Internet Marketers do...

But just how do you go about setting up these income
streams is the main topic of this newsletter. Hope you
can at least skim thru it - some of these ideas might
also help you with your own online marketing.

First and foremost the key to any kind of online
revenue is traffic - without traffic it is extremely
hard, if not impossible, to build your income or
business. After over 10 years of being online,
I have found the TWO main factors in getting good
quality online traffic are: Keywords & Quality Content.

You must target the right keywords for your site,
the ones everyone is typing into the search engine
to find your topic or niche. I always tell those building
a site to use this link if they don't have professional
keyword research software like Keyword Elite:

Keyword Research Tool


This site will give you a rough estimate of which
keywords everyone is using. But you must not ignore
long-tail keyword phrases because these longer keywords
convert better and bring in higher quality (buying)
traffic - you just don't want visitors, you want
buyers.

Quality content is the other major factor - you
must create quality, useful content that your
visitors will seek out and share with their
friends. Great content will give you the
traffic you need.

Once you have a steady flow of quality traffic coming
to your site - it is almost impossible NOT to earn
revenue from your site. If you're selling your own
product, you will have a steady flow of interested
potential buyers. If you have an affiliate site, you
will also have a steady flow of interested buyers
to send to your affiliate links.

Now once you have the traffic, here are some
ways you can monetize this traffic to create
multiple streams of income:

(I am starting with the lowest streams to
the most beneficial streams. This is from my
own findings, you may have totally different
outcomes from mine.)


Google Adsense - This is one of the easist ways
to monetize your traffic but I find I can make
10 to 100 more by using affiliate programs
or links. Now, I still use Google Adsense
on my sites because it is almost impossible
to find affiliate links for all my pages on
all my sites. Besides, Google Adsense is one
revenue stream I have enjoyed for over three
or four years now - its very steady and solid.
I also like getting paid by Google!

Amazon - This is another easy way to create
an income stream from your content or site.
I find building links and aStores in Amazon
for my affiliate products to be quick and easy.
Amazon links convert very well, mainly because
I believe customers are very comfortable
using and buying online from Amazon. However,
Amazon doesn't pay that much... but comissions
build up quickly. Like Adsense, this is a very
steady and solid source of online income.

LinkShare - This is an affiliate Network which
handles thousands of companies. You sign up
with LinkShare and you can promote hundreds
of different companies or products with your
site. Each companies will have different commission
rates... around 3% to 10% or more. Another very
professional network you can use to set-up an
income stream on your site.

Clickbank - This is the program you have to
have if you're selling digital products online.
Very professionally run program and commission
rates are very high, usually around 50% or more...
which means if you sell a $200 product, you
earn $100 per sale. Pays every two weeks and
another very steady source of income.

Commission Junction - This is one of my favorite
programs and it's the one I have worked the most.
Some marketers have complained about the low
rates and poor reporting... but I find CJ an
excellent source of income for me. Very steady
and solid monthly checks over the last 3 or 4
years.

Residual or Recurring Income - These are the
best revenue streams to create on your site.
Make one sale and get paid month after month
for years. I spend the majority of my online
marketing efforts on these types of programs...
some examples would be service oriented programs
like auto-responder, utilities services and
web-hosting affiliate programs which pay you
commissions month after month once you sign-up
a client. SBI or SiteBuildIt affiliate program
has been one of my most promoted program on my sites.
Once customers sign-up to SBI and see the kind of
quality service they get - they keep it form years...
and a great affiliate program run by Ken Evoy.

Independent Affiliate Programs - Once you
have established your site or sites online,
other more lucrative income streams will
present themselves to you. Companies may
approach you to set up partnerships or
special affiliate deals. Some of my best
income streams are ones where I have made
special arrangements so that I get residual
income from each client that signs up thru
my affiliate link for the LIFE of that client.

Now, I have other income streams but these
are the major ones I use. So far these have
served me very well even as we are entering
some very uncertain economic times. Over
the years, certain income stream have dried
up, the company goes under or changes its
online marketing... but I just keep replacing
those with other streams.

Some final notes...

One key factor that I have not mentioned and
which can be another great source of income
are your contact opt-in lists... promoting
a product or products to your list has always
been an income source for most marketers -
including me. I also use a lot of follow-up
emails on the different products I promote
online... which increases my conversion rates.

Picking quality big brand name products and
companies will increase your sales numbers...
I have had success with promoting Dell, HP,
Toshbia, Sony... buyers feel comfortable
buying these brand names online rather than
unknown products or companies. So choose the
products you promote carefully.

Use your time wisely, allocate your energies
or marketing efforts to the revenue streams
that bring in the biggest paychecks... especially
concentrate your efforts on residual and recurring
income programs since this will build up your
security - if you lose all your sites tomorrow,
those revenue streams will keep paying you
for your past marketing success.

One final, final note - don't expect to create
a site one day and have multiple income streams
flowing the next day. Some marketers promise this, but
for me it has been a long steady building process
over several years. You start with your first
dollar and go up from there... steadily increasing
month after month, year after year, until you
have 10 or more monthly checks coming to you
each month. There's no life like it!

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0 My First Affiliate Check Was $5


You always remember your first online affiliate
income or check. Mine was for $5 dollars
and it was from Internet Marketing Center
which was then run by the late Corey Rudl.

I can also remember my brother laughing,
you're going to make your living at that?
But the last laugh is on me and I am not
finished yet!

Anyway, if you're a new comer to all this
online stuff and want to find out more.
Here's a video from Derek Gehl who took over
CEO of IM Center after Corey died in a
car crash in 2005.

Lots of good pointers here... you will have
to give your email address but its probably
worth it.



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SBI - Halloween Sale - $100 for Second Site


SiteBuildIt is having their annual Halloween
sale so that you can team up with a friend or
relative and buy your SBI sites together
and save some cash. For $100 more you get
a second SBI site. Great deal, great system.

And one of my best Income Streams! And it
can be yours too...

SBI Halloween Sale












Kind Regards,


Titus

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