NEWSLETTER
Vol. 1, Issue 6
Released: April 14, 2003
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News
Welcome to the 'I Want Online Now!' newsletter. I will try to avoid any hype, whatsoever. If any of you notice me starting to sound like one of those so-called gurus out there, please let me know. I would prefer you do it nicely, of course.
This newsletter contains ongoing lessons and articles about running an online business. Please feel free to send in any suggestions you have, i.e., lessons you've learned the hard way since you've been online. Maybe between us all, we can help others make the move to the internet without losing everything they own.
This is a weekly newsletter, published on Mondays. There will also be a classifieds only issue that comes out on Fridays, as soon as we have enough subscribers (at least 100). In addition, we will be running solo ads whenever they come in. Both the classified ads issue and the solo ads will have free ad contests. One of the solo ads each week will contain an ad code. The first person to submit the ad code and their ad to me will receive a free top sponsor ad.
I am selling several of my own domain names. You can check out which domain names I'm selling at http://www.exotic-island-travel.com.
Click here to sign up for the newsletter.
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Hi Everyone! My brother's wife had her baby on Friday. It's a boy, and he was 9 lbs., 11 ozs. Ouch!! I'm in Maryland, at my brother's house, trying to be helpful. I expect to be here a couple more days, then head out. I drove up from Florida on Friday and made it here on Saturday. It was a long drive. I'm planning on meandering back. I would like to take some back roads through North and South Carolina, and maybe Georgia. I'm also planning on going down Skyline Drive in Virginia. I'll try to make it back home in time to write the newsletters, but I may end up writing it from a hotel room! I'm writing this, right now, at the library.
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Getting Online - Someone Else's Products
Although you are often selling someone else's products when you stock your store, I am dividing it slightly differently. I included drop shippers and wholesalers in 'Your Products', because you are not getting a commission from the products, just the different between wholesale (or drop ship) cost and retail cost. With affiliate programs and mlms, you are getting a commission from products you or someone else sells. I can hear all of the mlmers right now. We don't make a commission! Well, as far as I'm concerned, the way an mlm works is similar to a commission. You get the difference between your price (wholesale) and retail for products you sell directly to consumers. However, you also get a percentage of the sale from products your downline purchases or their customers purchase.
Six Figure Income is an mlm, but it calls its members 'affiliates'. That's because they recognize that the online mlms closely resemble the affiliate programs. In fact, there are affiliate programs that go two or three levels deep that closely resemble mlms. You make a commission on the products sold to people you bring in, and the people they bring in.
An affiliate program is a program where you sell a product for someone else. The most well known affiliate program is Amazon.com's program. You put links to their site on your own website and receive a commission on any products purchased by customers through your links.
Some affiliate programs include an entire website where customers can purchase products through you without ever leaving your site. Some are just links that move the customer to their site to order and purchase. It's always preferrable to keep the customer on your site, especially if you are selling products from more than one affiliate program. Some programs only credit you for purchases made through your link. Others keep cookies or some other means of recording a specific customer. If that customer comes back through another link or directly to their website, rather than through your link, you will still get credit. Again, these programs often have a limit, say one year. If the customer comes back to their website a year after they visited through your link, you will no longer get credit for them. Some have very short lifecycles.
Bottom line, read all of the details before agreeing to an affiliate relationship. Make sure you're not getting a bad deal. Check out the commission rate, as well.
There are several companies that handle affiliate programs for other companies. Commission Junction is one. You can sign up with Commission Junction, then enroll in different affiliate programs with other companies.
Before enrolling in any affiliate programs, you need to decide on a theme. What is your website going to be about? It's easy if you're just opening a general store. But, with all of the general stores out there, competition is extremely fierce. There are some mlm programs that include a general store, as well. These guys know everything there is to know about marketing.
You need to pick a theme, something you know well and can write about. Work it around the affiliate programs. Pick affiliate programs that complement whatever your website is about. Obviously, when you pick a theme, it should be something related to some affiliate programs. If no one has an affiliate program that relates to what you're writing about, you won't get very far!
MLMs are good, if you are able to do the work. The people that get ahead in MLMs are those who are willing to make the phone calls. Just sending emails won't make you rich in this industry. People need that human touch. If the program is one like Six Figure Income, where many of the products are computer related, the phone calls are less of a requirement. However, you'll still do better if you can handle calling.
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© 2003 The Phoenix Rising Enterprises, Inc.