Archive for January, 2008

Making Money Online: Glossary

1. Affiliate Marketing: Online business model where the revenue is shared between publisher and merchant, where compensation is made based on performance measure such as leads generation, sales, and etc.

2. Affiliate network: A network of merchants and affiliate marketers.

3. Anchor text: Clickable text in a hyperlink which is visible to visitors. Also referred to as text link.

4. Autoresponder: A web application that sent out automated email message to subscribers or members such as subscription confirmation, newsletters and etc.

5. Bandwidth: Denotes the data transmission of a service, measured in bps (bits per second). Nowaday, this amount as increased a lot and can be known as MB, GB or TB (mega bytes (1024 x 8 bits), giga bytes (1024 x 1024 mega bytes), tera bytes (1024 x 1024 giga bytes))

6. Click through rate (CTR): The ratio of clicks on the number of times the ad or email is viewed (click/view).

7. Conversion rate: The rate of which the click through is converted into actual sales or actions (sale/click).

8. Cookies: Small files that collects information about visitor, such as date, time, username and etc.

9. Drop Shipping: Online business model where the individual orders is shipped by the supplier directly to the end-user.

10. eZine: Standard electronic version of magazine or newsletter distributed on the internet.

11. HTML (Hyper Text Markup Language): “Programming language” designed to create webpage.

12. IP Address (Internet Protocol Address): Numeric address used to identified each computer that is connected to the internet.

13. Keyword: A word or keyword phrase that is relevant to a targeted group of audience or niche.

14. Link exchange: Swapping links between two websites. Also known as reciprocal linking. This can improve visibility in the search engine and increase page rank.

15. Opt In: The consumer voluntarily choose to allow the webmaster to collect and disseminate information.

16. Page rank: A measure of quality back links and relevancy of a website (by Google) .

17. Podcast: Video or audio files posted on website that can be downloaded for playback.

18. RSS (Rich Site Summary): Distributing and sharing content among different sites. Serve as alerts on new information on a syndicated website, blogs and other internet services.

19. Server: Computer station used primarily to store and share files over a network, at the same time, allowing clients access to the files.

20. Squeeze page: Landing page that collect opt-in emails from prospective subscribers.

21. URL (Universal Resource Locator): World Wide Web address to locate a website.

22. Viral marketing: An effective marketing effort that propagates itself. Recipients are encouraged to pass along the marketed message.

23. Web hosting: Data storage space that is accessible via the internet, collections of websites hosted on web servers.

24. Webmaster: Individual who is responsible to administering, updating and maintaining a website.

25. WYSIWYG (What You See Is What You Get): generally means that what you see on the monitor screen is the same that will appear as the final output, be it a webpage, hard copy print out and etc.

Useful Tool You Can Use Online

SEO Tools – Page Rank Search

This tool allows you to search Google using any keyword(s) you wish and determine the relevancy of the sites associated with those keywords you searched for. It is free and a reliable tool you can use while finding and selecting which niche you would like to tap into.

To get started, first go to www.seochat.com
On the left panel, select “Page Rank Search” under SEO Tools in bold type.

On the space provided, type the keyword or keyword phrase related to you niche. To get better result, conduct search with “ “.

For instance, you want to create a weight loss program for vegetarian. Then type
“Weight loss for vegetarian” in the space provided, with the “ ”.

Below the space, select “order by page rank” on the drop down menu and Results (100).
Click “Search”.

The reason you are searching with “ ” is to get more accurate results for the people who are searching for the exact terms or keyword phrase as it is.

You might question how helpful is this in selecting your targeted niche, the answer is very simple .

On the upper right corner of search results, you will notice a number of results found in correspondence to your target niche. The smaller the number the better, that means you have not many competing pages. But that is not enough; you need to look at the graphical bar that represents the Page Rank of those particular sites. Look at the top three search results, the smaller the page rank, the higher your chance of dominating that particular niche.

Bottom line: There are two criteria for a profitable niche. First, the number of competing pages, or search result has to be less than 5,000. Second, the page rank for top three search results has to be at most 3 or less.

Work at home: Home Business idea to make money online

Work at home: Home Business idea to make Money Online

It’s the first month of the year and you have “Starting an online business” as one of your resolution. You told yourself you’ve had enough and nobody is going to put a thumb on you anymore.

Many people who want to start a business online end up buying themselves another job. Instead of working for someone else, they have opted to work for themselves.

“Anything you can conceive, you can achieve.” The only limit we have is our perceived limitation.

The followings are 5 baby steps to help you start your online business.

1. The bigger: the why, the smaller: the how.
The first step to start an online business is to ask yourself “Why would I want to start an online business?”. Be it for the financial independence, to eventually replace your full time income or simply to have a side income, find that reason.

2. Define what end result you would like to achieve.
For instance to create certain amount of passive income. Without a goal, you will get to anywhere. This is different from the first step because here you set yourself end goals you need to achieve in order to complete the “why” you’re doing it.

3. Do your research.
An hour of research can save you up to $1000 of operating costs . Read anything you can about the industry you want to get started with, then make decision very carefully. Find a model in the area you wish to pursue. Read articles or books those models wrote and participate in forum. Beware of of paralysis analysis, don’t get engaged in the mind set. Of course you need to do your due diligence in researching, but never expect you will get them all perfect. Take educated action, make informed decisions.

4. Put a plan in place.
Think on ink. Flexibility is not gained by not having a plan. With a plan, we have more time and energy to invest on high value tasks. In your plan, determine what commitment you are willing to make, such as time commitment, financials and etc. Make a list out of all the resources you will need to execute that plan.

5. Set realistic and manageable goal at the beginning.
Raise the bar every time you reach a goal. Act in faith and believe that you will achieve your goal.

There are so many ways you can make money online. You can choose to create and sell your own product, you can sell other people’s products or render professional service online.

Many newbie entrepreneurs made the mistake of jumping too fast into the water and only to realize it’s too early to jump and too late the pull themselves out of the water, and the water is freezing.

Not planning is a plan to failure. End of a plan is the beginning of a new plan. Take calculated risks and massive actions to make your vision a reality.







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