Thursday, July 9, 2009

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5 Steps to Finding a Niche For Making Money Online

Finding a niche for niche affiliate marketing is always a problem for most online marketers. Most people jump into the make money online niche. I think once you gain experience in making money online, you should teach others how to make money online. Prior to that, look for niche ideas in areas other than making money online and learn all the different ways to market your niche.

In this article I will discuss the most common ways to find a niche to start your online business. You can do this using free online tools and you don’t have to spend any money initially. Once you start making money, you can buy more sophisticated tools.

1. The first step is to find half a dozen niches quickly. How do you do that? Think about what you enjoy doing. Are you a hiker? Do you like to travel and take picture? Do you like to play video game or golf? Do you enjoy solving crossword puzzles? You see, if you think hard, you will find a few things that you are good at and have some knowledge about the subject. Write down a few of these niches drawn from your experience.

2. Brain storm for finding niches. How do you do that? Some web sites are great for opening up your mind when you are looking for a nich. For example, the Wikipedia list of topics is a great starting point. Wikipedia will also help you gain some basic knowledge about any topic you can imagine.

You can also check out categories in Amazon and eBay. In Amazon, expand the categories and then subcategories listed on the right hand side menu to get to the expanded list in the subcategories. The eBay categories page lists all the eBay categories.

eBay pulse is a good source for finding hot trends in eBay. Amazon best sellers list the most popular items in any category in Amazon. If you want to know some of the top consumer demand, check out the shopping.com consumer demand index, the hottest products searched in shopping.com site.

The Technorati popular list, a leading blog search engine, is another source for inspiration. You can find what is popular in the news, movies, books, etc., all searched and compiled from millions of online blogs.

Froogle is Google’s product search engine. On the Froogle home page you will find a list of popular items people are searching for. When I checked it today, some of the items listed were: slide scanner, wedding invitations, ice chest, firewood rack. This is a great source for brain storming and finding a niche.

Hot trends from Yahoo! Buzz and Google Trends are also very useful in finding a niche.

Using any of the tools described above, expand you can come up with a half a dozen popular niches that you are interested in.

3. Identify niches that have long-term demands. Use the Google AdWords Keyword tool or Free WordTracker Keyword tool to find a niche that large number of people are searching for on a daily basis. If nobody is looking for the niche you are interested in, then you will not get enough visitors to generate any income.

Some of the hot trends that you pickup in step 2 may be short-time demands. You need to confirm if there is a sustained demand for your niches. Using the Google AdWords Keyword or Free WordTracker Keyword tools, you can find the monthly search volumes of your selected niches. If it is a large number then you have a niche that has a long-term demand.

By using the two tools described above, you will also be able to collect all the key words and phrases people are using to search for your niches and you can write blog posts and articles using those keywords. Also, these tools will help you discover micro niches, i.e. niches within niches.

4. Identify niches that have strong profit potential. Google AdWord Traffic Estimator tool shows you estimated cost of a click for the Google AdWords. Advertisers use it for Pay Per Click (PPC) advertising using AdWords.

Google also offers a search-based keyword tool that shows you monthly search volume and suggested bid for a keyword. A great tool to find the demand and profit potential in one place. You can also see top keywords in all cateogries using this tool.

You can use the same tool to estimate the profit potential of the niche. If the niche has a high cost, i.e. around one dollar per click, than the niche has a high profit potential if you will be using AdSense to monetize your site.

If you will be using affiliate programs, use a few Affilate Networks like ClickBank or Commission Junction to find a products related to your niche. The affiliate payment should be at least close to $20 for sale to generate a good profit.

Another way to find affiliate networks offering products in your niche is performing a search in Google using the search query, niche keyword + affiliate. The search result will list affiliate programs in your niche. Visit a few of them to determine what kind of payout is possible for your selected niche.

5. Create your web site and promote it. This is the last step. Now you need to build your site, create contents and start promoting it. You can use one of the free web hosting provider I described in my earlier post if you are short of money. But don’t forget to get an available domain for your site.

How to Start a Free Online Business

How do you start a free online business? What is holding you back from becoming an web entrepreneur? Do you think there is a secret online business system that will make you tons of money only if you have access to it? Let me tell you the truth once and for all - there is no secret formula. But, you need the knowledge, may be a step by step guide, some hand holding, etc. but there is no secret. Believe me, I have seen hundreds of ebooks, courses, coaching, and what not for a so called secret system. But I don’t regret buying them. I still buy those stuff because I consider the expense as learning investment for online business success.

So how do make money online? If you are still hoping to generate online income, you need to start an online business. Online business is not internet marketing, though internet marketing is the major component of any online business. You need to market your website, just like any other offline businesses need to drive customers to their stores by means of marketing.

Here is my 7 step secret (not really!) online business system

1. Find a niche. You can use a variety of techniques to find niches that are in hot demand. You need to find what people are looking for. What solutions they are searching for to tackle their day-to-day problems. It may be as mundane as taking care of their lawn to as abstract as making their love life exciting.

Read my post about 5 Steps to Finding a Niche For Making Money Online. I will post more articles on how to find niches and possibly release a free ebook. Sign up for my newsletter and I will inform you about the availability of this free ebook as soon I release it. Sign up and get a Free eBook on 101 Traffic Techniques.

2. Keyword Research. Once you have identified your niche, you need to do keyword research. People use search engines like Google to find information, products and services online. You have to know exactly what keywords or key phrases they are using in a search engine. Keyword research will tell you exactly that. You start with a keyword in your niche and find a broad and deep list of keywords in that niche.

You can also use keyword research to find a niche and a domain name. Check out my three posts about how to use keyword research to find niches, domain names, and free tools that you can use for your keyword research. All successful online marketers have mastered the art of keyword research. If you want to be successful, you have to get the mastery over this area and it is not really difficult. It only takes knowledge and time.

3. Get a domain. A domain is your online address. If you are serious about starting an online business, you must have a domain for your niche. If others are peddling ebooks and telling you that you don’t need a domain to start making money using their secret online business system, then they are full of crap. Can you imagine an offline business without an address? Domain is also you business trademark they will stay with you forever as long as you keep paying the yearly domain fee - a meager $10 per year.

Read this post about how to find an available domain using a free domain tool. I use the tool extensively and I was fortunate enough to get some good two-word domain names using the tool. Two-word domains are almost extinct and recently I found that even three-word domains are rapidly becoming extinct. Earlier I could find a good three-word domain name in ten minutes of research. Now it takes me almost an hour because people are snatching domains as if the whole world is coming to an end. Always get a .com domain.

4. Sign up for a web hosting. Once you have a domain, you need a web hosting company to host your domain. The web hosting company will also provide you with web servers and bandwidth to host your web sites. It is like renting a space for your offline business.

There are thousands of web hosting companies I am sure most of them are good. However, I would recommend HostGator. Why? Because I have used them before. I had a reseller web hosting account for $25/month with HostGator. I could host unlimited websites. Now I lease two dedicated servers.

But you don’t have to get the reseller account. You can get their Business account for $12.95 a month. If $12.95 a month is too much for you, go for their Baby account for $7.95 a month. You can create unlimited web sites in any plan.

If you are cash strap, you can sign up for one of those Ad Free Web Hosts. Read my post before you sign up with any one of those free host.

5. Drive traffic to your website using thousands of techniques. There are thousands of different techniques to drive traffic to your website. In your web business, you will be spending most of your time doing this. This is also called internet marketing. Now that you have a web site, you can market it. There is also lots of learning involved. If you can master internet marketing, I guarantee that you will be successful in your online business. Start with my free report on 101 Traffic Techniques by signing up for my newsletter.

6. Monetize your web sites using advertisement, direct selling to your customers, affiliate marketing, or membership subscription. This where the real money comes to your pocket. You make money by putting ads on your site from ad networks like Google’s AdSense, or affiliate products from Clickbank, Commission Junction, etc. You can also sell your own products.

If you are using ClickBank, you should check out my post on How to Evaluate Web Affiliate Programs from ClickBank.

7. Repeat step 1 to 6. The first time you go through step 1-6, it may take you anywhere from a few weeks to up to 12 months, depending on the time you spend, knowledge you acquire, and your commitment to your business. But once you understand how this online business system works, you can repeat step 1 to 6, working part time, almost every month with a new niche.

You must be wondering if the title of this post is some what misleading because, after all, online business is really not 100% free. You need to pay for your domain, web hosting, sometimes for advertising, buying ebooks for learning purposes, etc. So why I am calling it free? It is free because your investment is so low, sometimes less than a cup of coffee a day, that it is almost like free. No other business on earth you can start with such a low investment.

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Thursday, July 2, 2009

Work at Home with Part Time Jobs

There are a lot of work available to be operated from homes. The idea has developed by the gradual spread of personal computers and the internet. A large number of individuals who have problems moving out of home and thus remained unemployed could discover a new universe of their own to earn money in descent and legal ways by means of the internet. It has been highly useful for the mothers having little kids at home as they do not have to go out and also can work according to their convenient time.

The types of jobs ranges from marketing, selling, auctioning, providing services, to exploring writing skills. One of the easiest of all ways is through the affiliate program’s. One can do something like site selling. This is nothing but promoting the sites that exists for product selling. It can be done by developing a site of ones own or by referring to friends and acquaintance’s and relatives to visit the sales site of the particular affiliates. There are home jobs related to telecommunication, by this process, an individual is hired by any company(a legitimate one) at a predetermined salary for a specified amount of work to be done. These types of works generally deals with providing customer care to the clients or customers of the company, or data entry etc.

Besides these sometimes administrative assistance are also solicited from the individuals hired. If somebody has the skill of graphic designing or web design, they can seek for online jobs for these kinds of work as they are a plenty. One may be assigned with the task of designing greetings cards. A person can set up his/her own website and provide these services and thus get paid. Even there are paid jobs to just read the emails. Beside these there are other options article writing, blog writing, etc. By means of buying and selling also one can make money through eBay.

Ideas to make money via ebay

The site ebay can be used in various ways to earn money. It is a marvelous site to make money online. A very good way of earning money through eBay can be by means of being an affiliate. An individual can go through the number of articles that are lined up for sale and provide information to the users of its site. If the site visitors buys the products, the site owner earns money. An individual can earn money from eBay auction by means of buying low and selling high thus making profit in the difference. All a person has to do is to find out the articles having wrong spellings in their descriptions and thus listed at the least price for buy at the last moment. After buying those products, the person should correct the mistakes and again list them up onto the site.

The corrected materials will fetch more price from auction. Thus the individual gains from the difference in his buying price and selling price. It is quite a lucrative way to earn big bucks. One can make money through eBay by means of selling used mobile phones. Many people are there in the habit of changing cellular phones every now and then, an individual can source those unused cell phones from a number of people at a cheap bargain. Then the cell phone can be put up on eBay for auction. Generally the demand for phones of good brands is large, thus it can be great way to earn.

eBay can also be used to sell other things like gift cards or books. Many people possess gift cards but they do not use them. An individual interested in business can offer those possessors of gift cards to buy their possessions at discounted rates. The card holders will be more than happy to get rid of their unused possessions at a fair price. Those cards can then be listed to eBay for auction.

Scam free work at Home Jobs

With every passing day, online home based jobs are becoming popular with people. The spread of internet across a widespread population along with the increasing need of the business houses to get jobs done at cheaper means are the main reasons for the huge growth of internet related jobs. It gives the students, the elderly persons or the home staying mothers to easilt make some money of their on the click of a mouse utilizing some latent skills in them. As need for home jobs is wide spreading, there are chances of getting lured or cheated by unfair practices.

A person should be very careful at the time of selecting an online job or a job provider. A thorough research has to be done before starting to know the genuine sources or should be consulted with some experienced person. Data entry is among one of the most common jobs available online. Most of the times, the advertisements are fraudulent. Many a times it has happened that the individuals are asked for a sum of money in the beginning to get started with the jobs, some people desperately looking for jobs generally fall easy prey to these fraud stars. After the initial sum of money is provided to the site, it magically vanishes and no trace of it can be found as the contact details provided are all false. One should know that any data entry job that asks for money is a fraud one, a genuine data entry job only pays the person on work being done. Moreover, a company which is asking for data entry job can never be in digital format.

Generally the data entry jobs pay a paltry sum and that too requires experienced individuals. The sites that promise great salaries for data entry are fraudulent. Data entry sites such as the GPT sites are the legitimate sites. At these sites a job seeker with expertise in data entry can sign up, then the companies actually needing such people will advertise to the individual. If that is the case, the person can go for the job.

Data Entry Jobs in India

Data entry jobs does sound like a simple thing with no importance but the truth is this is a very important backend part for any jobs. Data entry jobs help to speed up the work and to increase the business operation and activities. For both small and big companies data entry jobs are the most important back end parts to do. Data entry not only helps the company to save the time but also provide the company many other advantages. That is why for the past few years data entry jobs are getting immense popularity among the youth of India.

There are different types of data entry jobs available in India, such as off shore data entry jobs, online data entry jobs, documents and image processing, data conversion services, offline data entry jobs, insurance claim entry jobs and some other online and offline conversion jobs. These are all different type of work and there are different prospect in all these. Another new kind of data entry jobs are getting very much popular that is in house or home based data entry jobs. Many big companies are going for home based data entry jobs to save their expenses and time both.

Previously data entry jobs used to be the most monotonous job in one company. Nevertheless, things are changing very fast. In fact, today, many overseas companies outsource their data entry jobs to country like India or china. This is more profitable for them and for the youth of India. The young generation can continue their studies and data entry jobs together if they work part-time or work from their home. Also in this era of internet, youth of India is utilizing the technology to freelance data entry jobs by themselves. In this case, they can work freely and give the required productivity to their client.

In addition, there are ‘data conversion type data entry’ jobs, which can sometimes be a little technical too. Data conversion jobs include cad conversion, html conversion, book conversion, xml conversion, PDF conversion and many more. OCR clean up, data mining, image processing, claim processing, data cleansing, form processing are included in data processing jobs. There are different ways to work and they are not so boring, in fact, they attract the youth.

Data entry jobs are on a high. Therefore, the companies are following the current market trend and investing on data entry jobs. This is a stress free job for the youth and here they can earn a lot of money by their smart work. In third world, countries like India data entry jobs are getting popular because of all these reasons.

Home Jobs in India

Home based work concepts are gradually catching up the fancy of many individuals. Fuelled from an entire range of needs, from the urge of working independently with little or zero capital at hand, driven by the luxury of flexible working hours to the need of young parents to be around with the young kids at home given a boost to the idea of home based jobs. Specifically in India, various such jobs are in offer. The kinds of work if done properly can fetch good amount of money without the hectic of travelling, thus saving on time. The jobs are like freelancing job. Both internet based as well as offline jobs are available.

At the peak times, the BPOs are overworked, at these times some of the BPO owners seek their refuge to home based individuals willing to work, in order to offload a bit of their workload. There are certain sites that outsource BPO jobs to work at home individuals and thus provide them with a large number of customers. There are jobs related to telecommunication. It is used in case of service oriented jobs like outsourcing of the customer care business. Technical works like data entry, data processing, email processing, data conversion, medical transcription, works of editing etc are available for work at home individuals

Home based individuals are hired for survey works, internet research programmes and information technology enabled services. Besides these, businesses can be done in various sites by means of marketing, selling or auctioning. Advertisement placing is another way to use the internet for earning money. If an individual has very high typing speed, then that person can earn by means of typing also. Somebody having writing skills can use their skills in writing articles or blogs to various sites, earning money. Film reviews can be written to earn money.

Ways to earn money online in India

Making money online is gradually catching up the fancy of many individuals. There are a lot of options available, but to know the genuine way to earn money in the legal way is really a tough one. Moreover, it actually requires hard work to earn money online. Certain genuine options are available. One way of making money is with the help of Google adsense. For this a person needs to have a website of his/her own. Some of the ads are allotted to will be provided in the Google adsense, these has to be placed in the individual’s website, the individual earns money with every click registered to his/her website.

For making good amount of money, the individual should be able to draw a large number of traffic. Mylot is another website that allows an individual to post discussions to the site to get paid. There is another site which works like a marketing site, this is the CJ commission junction, in this site an individual is paid a commission for selling or providing leads to the owners of particular sites. Internet marketing is one more way in which money can be made. This particular job has almost everything related to online marketing like optimization of the search engine, marketing of content writing or articles, advertisement for banners, etc.

Money can be earned from the only work of search engine optimization. An individual can make promotions of their websites, blogs etc on major search engines by means of link building. No money is charged by the search engines for this. Affiliate marketing is other way. It is basically a type of earning commission. An individual has to do marketing of the sites of its affiliates to its customers. By means of reciprocal link building, one can increase the traffic in his/ her website and thus can increase the earnings.