Wednesday, 24 March 2010

Dropshipping Business

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You must be in search of a wonderful home based business opportunity from where you can make money on the side per month especially being with your family all the time. Who wouldn't love that?

So there's one way you can make literally thousands a month online. This way to make money does not even require patience or any technical expertise like the "blogging" where you have to first develop some good traffic (which requires some technical knowledge) and then only some cash will come towards you.


The only thing you require is to have a credit card (most preferably your own), an internet connection and that's it. Now using these two tools, you can supplement your monthly income.



So what's this method actually is? Have you heard of Dropshipping? If not then don't panic. I am going to tell you that what this "Dropshipping" really mean and how it can be a good source of your monthly online income?

Dropshipping phenomenon actually is the deliverance or shipping the product to it's consumer. So how can you make money out of it? It's simple. Search for the dropshipping companies related to the niche you are passionate about. Of course the golden rule is to promote only those products about which you can write their specifications or respond to the queries related to them. You can sure find many companies which provide these dropshipping opportunities. After signing up for these companies, and choosing the product, you list the product anywhere where your potential buyers have access to your product to buy it or at least to preview it so that they can buy it. This "anywhere" could be an online marketplace, your blog, your website e.t.c.

When your buyer decides to purchase your product, he places an order and pays you. Of course he does not know that you are promoting a product of another dropshipping company (why should he?). When you receive that order and of course the payment, you quickly take out your credit card and again place an order to that drop shipping company. The shipping or delivery address is of course of your customer. You pay the company and the company will deliver that product to your customer's doorsteps and that's it.




But wait a minute! Where's the profit after all? Actually the profit lies in the price you charge to your customer and the price you are charged by that drop shipping "Whole Sale" company or in other words these dropshipping suppliers are actually dropshipping wholesalers. You got that. Actually the company charges you the whole sale rate and you charge your customer the retail rate or to gain an edge, below the retail rate. So if an item is available at $100 out there, you can have access to it at say $70 (whole sale rate). Now it depends totally on you that at what price you want to market that item.

Of course being logical the price would not exceed $100 neither you would charge any thing below $70. To gain the edge over your competitors, you decide to sell that item at $95. The customer pays this amount to you which is credited to your bank account and gives you the shipping address. You quickly place the same order to the company and pay them $70 with the shipping address of your customer. Your customer receives the item, the company makes a sale and you grab a commission of almost $25 (excluding the credit card charges).

So without the hassles of maintaining the stocks or inventory you can make some good money from this whole drop shipping business. The key is to market your product effectively and charge your customers wisely.

Definitely there are more questions to be answered, but I would do that in any other post. Until then you develop for yourself, a list of good whole sale drop shipping online companies.


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Friday, 19 March 2010

Clicksia Payment Proof

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I've been working on clicksia for quite a few months. At last I reached the minimum payout threshold of $1 on 17th of March 2010. I requested for the payment and I received it in within 2 business days i.e on 19th of March 2010.


See below the image of payment proof. Where I have received through Alertpay.



Clicksia payment proof

So I think it eradicates the doubts if somebody has pertaining to the legitimacy of clicksia. It really pays. I advise you to join it. Create your free account at Clicksia.com

By the way, this is my first payment from any PTC site in my Alertpay account. I have made money online from other PTC sites too but this one's the first which has dispatched my earnings to my Alertpay account. I will sure re-invest it.


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Wednesday, 17 March 2010

Chitika - An Adsense Alternative.

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chitika.com search targeted advertising network
The internet is full of online money making opportunities. If you are able to detect scam and approach only those opportunities which are legit, then this virtual world is going to be a best place for you in making some extra cash online while staying at home.

In this post I would discuss another source to make some good money while blogging. This source is known as chitika.com. It's similar to other "display ads on your blog" websites where you have an opportunity to display ads and earn money on every click of your visitors. Chitika.com has some exclusive features too which make it stand out from other contextual advertising network. But first little introduction would be useful.

Chitika,Inc. was founded by Venket Kolluri and Alden Dorosorio. It serves more than 2 billion ads per month and displayed in more than 35000 websites. The exclusive feature I was talking about it is that it's basically a search targeted advertising network. Which means that the Java script which is integrated by the blogger in his blog, tracks the keywords of the visitors of the blog coming from search engine and then displays the ads in its database most related to that keyword(s). So basically it's core competence lies in monetizing your traffic coming from search engines.

I intent to write more than one post about this website. In this post I would restrict myself to some introductory notes about this online income opportunity.

I said that chitika's main concern is monetizing your search traffic. However they also provide contextual based advertising option too where the ads displayed are correlated to the content of your blog. But this opportunity is only restricted to Chitika Eminimall ad units or just recently added in March 2010, Chitika Select (to be honest, I haven't tried both of them but I will inform you about their features as soon as I try them). You can switch Chitika Eminimall ads to either contextual based or search based. If you switch to contextual based, you cannot have adsense ads on the same page, these Chitika ads are operating. However they can be a good source of adsense alternative. If you do not want to confront google adsense and want to get along with it. You can switch to search targeted option and can place the ads on the same page where your adsense ads are.

Since the ads displayed are close to the keywords typed by your visitors which led him to your page, then there's a fair chance that you will get a high click through rate. What you have to is to place the ad unit at the position where they are most visible to your visitors and they will tend to click more on these ads than any other contextual based ads. Talking of high click through rate (CTR), my CTR with chitika ad units is around 3.5-4% where as in adsense it was around 2%.

The amount earned per click is not so encouraging for me. Though I have come across some blogs whose member profess that their chitika ad units yield more than google's adsense per click but for me its otherwise. The average pay per click for me is around 7 to 8 cents. In adsense it was 18 to 20 cents. A huge difference according to my own experience.

You can also earn referral commission of 10% for the first 15 months your referral earns through chitika. Sure chitika has an upper hand in this matter as no referral program is being run by google any more. These 15 months start right from the date your referral is approved.

The downside of chitika's earning is of course the one that I discussed above i.e low pay per click (according to my own experience). More demerits of it would be that the ads are only visible to search engine traffic coming from USA and Canada only. So you require a good traffic from these countries in order to make money from Chitika. Lastly, I would like to tell you about its audited and unaudited revenue. Unaudited revenue is the normal revenue you earn on each click. Audited revenue is the revenue which is updated after 1-2 days of unaudited revenue. It means that Chitika staff or bots assess the legitimacy of each and every click and deducts the earnings of every click they are suspicious about.

It's not a bad system at all. I think even adsense should have innovated it a long time ago. But my main concern is the huge difference between audited and unaudited revenue. For me this difference is about 50-70%. Its not only me who's complaining about it but I have seen many other chitika members expressing their disgust against this mass reduction.

However overall it's a fine ads service and a person can make some good money out of it. The other day I was researching, I read a blog where a person is making almost $100 a day. The only trick he says is the optimized positioning of the ad units and that's it. By the way the minimum payout is $10 and $50 for Paypal and bank check respectively. So I'd recommend you to be a part of chitika.com. It's definitely worth trying.




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Sunday, 14 March 2010

Make Money Writing Articles - Join Triond.com

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Do you really want to make money writing articles? If yes, then join Triond.com. A place where you really get paid to share original ideas.

To be honest, the term I used in the title, "Make Money Writing Articles", is too specific and I used it for SEO purpose and of course to keep my title to an acceptable length. However you can earn from this site not by just submitting original articles, but you can also share your videos, audios, images whatever you feel like sharing and which are not published yet anywhere. You earn a sort of royalties until your content exists on the page from where it is generating revenues.

I would try to make you aware of this online money making opportunity systematically so that you are not lost and understand each and every thing. So starting from the beginning or in other words, "First Things First".

1).Who Can Join Triond.com?

This is an important question for sure. The answer is that anyone is eligible to join this web site. No matter from what part of the world you are or what expertise level do you have in free lance writing. You can join Triond as long as you are able to generate some original ideas, you are eligible enough to be a part of this site if the content shared by you has not been published anywhere else before.


2).How Does Triond.com Work?

Triond works on a simple basis. You submit your original content. This content could be in the form of text (articles), videos, audios or images. Once submitted, your work is published on the related niche sites/blogs which are part of the Triond's publishing network. The management of Triond ensures that content published is related to the blog or site most correlated to your content's topic. Triond has hundreds of networked blogs and websites (by the way on researching, I found only blogs which contained the work of the authors in them and not the websites. However it does not make any difference) where your content can be published.

3).How Do You Make Money From Triond.com?

Once published, you get a 50% share of the revenue what your contents generate. I have seen some of the published work of the members of Triond. The pages where there articles are, have so many income generating units all over them like Google Adsense (recently added), Chitika premium ad units, Yahoo Ads e.t.c So you get rewarded on a revenue sharing basis. Which means that whatever your content on that specific page generates through visitors clicks or pageviews (whatever), you get a fair 50% share of it. Let's say for example one of the page where your content is, generates a revenue of $10 in a month through visitors clicks. You will get $5 as your earnings from that content. They sure have integrated some java script code to track revenues of each source from each page.

4).How Do You Get Paid?

You get paid by Triond from various sources which are Paypal, check, Western Union (I love this, "Western Union" mode of payment).

5).What Are The Minimum Payouts?

Minimum payouts vary according to the mode of payment you opt. For Paypal its $0.50, that's sure very low. The minimum amount to be reached before you get paid via a check and western union is $50. The charges for check processing is $3.

6).Are There Any Referral Earnings?

Yes, they just recently added this opportunity. You can be get paid for every member referred to Triond by you. You get a 10% of your referral's earnings for your whole life. This 10% is of course not deducted from referral's earnings. However you cannot get a share from your referral's earnings, if the revenue generated by your referral is through Adsense ads.

So what are you waiting for? log on to Triond.com and make money writing articles and sharing your videos, audios and images.


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Thursday, 11 March 2010

How To Build Strong Relationship With Your Readers

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In my other post about the benefits of building strong Interpersonal Relationships I advised that building strong relationships with your readers/visitors/customers is necessary in order to succeed in online business. If you are a blogger, it is also necessary that you make your readers feel friendly and comfortable at your blog so that they keep on visiting again and again and also refer your blog to their friends as well. Thus resulting in increased number of readers which ultimately means more online money. As the benefits I already discussed in the last post, I would now discuss the ways through which you can ensure that you are not a stranger to your readers and make sure that readers to your blog do not come to your blog only once through organic search, but they also bookmark and email your blog page as well.

Since I have decided to impart useful blogging tips and tricks to my readers, so following are the ways to make your readers your friends.




1).Write Quality Content

The top priority should always be the content you are posting on your blog. If it's informative, unique, well written and the readers feel to be engaged, then you will be able to strengthen your bonds with the readers. Of course the visitors are there in search of information. If they feel that the thirst of their knowledge is quenched at your blog, then its more likely that they will follow your blog and refer others as well. Additionally, a little bit of humor can really spice up your content as the readers will feel that they are not reading a newspaper. It's a blog man!!! be natural and the requirement of creating "engaging content" will be almost fulfilled.


2).Use Social Media Websites

Since the advent of these social media websites, the businesses have used this medium very effectively and have been successful. So sign up for these websites like twitter, facebook e.t.c and start following people of your blog's niche. Try to create online community so that the people start knowing you.

A useful way of being effective on these websites is that always complete your full profile. People love to know who they are engaging with. If you leave an incomplete profile, people would not feel like getting engaged with you. Or in other words, if you have your complete profile, with your snaps as well, people would feel that they are interacting with a human. So more chances are created of better relationships if you have your updated and complete profile.

3).Join And Be Active In Forums

Whatever topic you blog about, try to find out some forums related to your niche. Of course you will find forum for any topic as the internet world is too big. Once you come up with some good forums, join these forums. However you cannot achieve your target by just joining them, you need to take an active part in them. Taking active part means start helping out other members in the forums, try to become friends and if you have done these two things and don't know what else to do in the forum. I advise you should start asking questions about the things you need an answer for. Of course this is also going to make you known by the other bloggers or web masters.

You must have figured out that why I said to find forums related to your niche. Of course you can only help other members if you yourself know the answers of the questions asked and this can only happen if the question asked is about your passion.


4).Post Comments On Others Blogs

Try to locate bloggers, blogging in your niche. Read their blog posts and start posting comments. Note that do not post spam comments like, "Nice article, Keep it up or I enjoyed reading thanks for posting" or other crap like this. You'll do this and the bloggers will start blacklisting you. So post original comments which enhance the value of the posts or the blog. Asking questions related to the blog post you are commenting on by the blogger is a good way to initiate the interaction between you and the blogger. This way the people besides the blogger, come to know you and and your blog. And of course, do not forget to leave your blog address. Not in the comment body, but in the "URL" section of a comment. To make people's following to you even more convinient, you can type your blog title in the "Name" section. Or if it seem too spammy, you can type your name and blog title both like yourname@your blog title. The people will start knowing you by your name and your blog.

5).Allowing Comments On Your Blog
Allowing comments on your blog is also an effective way to interact with your readers. Of course the rule is to write good quality articles so the readers are compelled to post their comments. However making visitors feel like posting comment, is a topic which I will discuss in great detail in any other post. For this post, I would advise you that always reply and reply positively against your reader's comments. Make sure that you do reply. If the visitors feel that you don't pay a damn about the comments they post to your article, they will stop commenting in future. Additionally, replying them in friendly tone (this does not mean that reply in favor of the comment. It can be against as well) will help you in making your readers your friends and feel easy on your blog.

6).Create An Email Subscription List
Creating an email list of your readers is a good way to keep your readers engaged with your blog. You need to place an email subscription form or opt-in box at your blog so that the readers can enter their email addresses so that they keep on receiving updates of your blogs. these opt-in boxes can be placed after you sign up for the "auto responders". There are many available out there, free or with some monthly subscription fee. At present, I am not able to recommend any auto responder. So do the research work yourself. Once you develop a good list of your subscribers, it will ensure that your readers keep on visiting your blog for every update.



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