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Internet Marketing
What is Internet Marketing?
by Tim Phelan
Since I sold my last business in 2004 I have been
trying hard to make a living online. Most of my
neighbors knew what my last business was as it was
very obvious from the garage full of soda, water,
snacks and vending machines. When I say garage full
I am talking about maybe 1000 to 1500 cases at least.
Yes, I was a vendor and I did this for about 8 years.
8 years of people complaining about out of date
soda, warm candy bars and dimes stuck in the machines.
8 years of 40 foot Pepsi and Coke trucks coming
up to my driveway and unloading materials. 8 years
of counting coins and dollar bills every day. Had
it not been for the recession, 9-11 and the dotcom
bust I would probably have grown to where I hired
a few workers and I would still be doing it.
However things did slow down and besides, I was
looking for something with less headaches and had
more of an upside.
Now my neighbors wonder what the heck I do. They
see me stay inside my house all day long and when
I do come outside I am in a robe, shorts or tee
shirt and jeans. They ask me what I am doing and
I say I am doing some “internet marketing.”
They just kind of look puzzled and don’t say
much else. Nothing like “ Oh. My son is doing
that also” Or I know a friend I who is an internet
marketer and they are making tons of money”
Nothing like that.
So at times I try to explain and that is what I
will do now.
Internet marketing is very simply making money from
the internet. You may say “ Duh. What a genious”
but the thing is, it has to be described in that
broad of a sense because there are so many types
of internet marketing. Here are a few different
ways to make money online that I have discovered:
1. Affiliate programs.
Affiliate means you sell other people's and companies
products and you get a commission. Many huge companies
around the world use the affiliate system to sell
their products such as Yahoo, Microsoft, Macys,
AT&T, Walmart, Blockbuster, etc...The products
that can be sold from affiliate sites are never
ending. I honestly can't think of a product that
can't be sold through an affiliate program. Here
is a short list of some of the products I can sell
through various affiliate programs: e-books, solar
panels, books, magazines, homes, mortgages, wart
remoaval medicine, hypnosis tapes, leads, movies,
car insurance, anti theft devices for cars, self
improvement courses and the list goes on and on.
Here are two examples of my affiliate programs.
One deals with hypnosis and the other deals with
real estate businesses.
Real Estate Affiliate Program Self Improvement Hypnosis
Affiliate Program
As an affiliate you sometimes are able to have other
affilaites join under you and you also get a percentage
of their sales. The typical affiliate commission
structure is for the affiliate to be paid a higher
percentage on their direct sales, say 50%, and then
a lower percentage on the sales of those affiliates
they sign up, maybe 10 to 20% commissions. Usually
what we consider affiliate programs are limited
to two levels. Most affiliate programs are free
to join.
Many of the top internet marketers used affiliate
programs to get started in their carreer.
2. Network Marketing.
Network Marketing is simular to affiliate programs
except they go more than two levels deep. They can
go unlimited levels even. What this does is create
great leverage so that you can possibly make huge
amounts of money if you get an organization of thousands
of members. There are different government rules
for network marketing businesses, or MLMs, than
for the typical two tier affiliate program. Network
marketing has been around for about 50 years, way
before the internet started. However the internet
has proven to be a great way to promote network
marketing companies.
Here are two of my internet based network marketing
companies:
Online English Courses MLM Business
Better Universe MLM movie Business
3. Selling your own products and/or on your own
website.
Having your own products and/or services with your
own website is of course a great way to make money.
There have been constant improvements to doing this
and additional ways to make money this way. One
addional way to now make extra income from your
own website is by using Google adsense. these are
ads from Google's customers who pay by the click
to advertise on other people's websites. This can
make a good income for the website owners but you
need traffic to the sites to make money this way.
You can also have links to affiliate sites on your
own website. Or sell advertising directly to other
website owners.
Here is an example of a website with Google adsense
ads and also some affiliate programs. Cutting Edge
Real Estate
4. Blogs
A web log is called a blog. This is a way to instantly
publish any information online. There are 9 million
blogs out there, with 40,000 new ones popping up
each day. Amazing. A blog can be set up quickly
at no cost at blogger.com, a site owned by google.
Anything that can be sold on a website can also
be sold on a blog so many people are using blogs
instead of websites.
Here is an example of one of my blogs.
Self Improvement Now Blog
About the Author
Tim Phelan is a full time internet marketer and
has owned his own business for over 10 years.
Email address nalehpmit@yahoo.com Tim Phelan's Blog |
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