Tag Archives | profits

Commercial Blogging

By Randy Roedl on April 27, 2011 in !Randy Roedl Internet Marketing, affiliate marketing, article directory, article plugin, article themes, Blog Business, Blog Platform, Blog Posting, blogging, Blogs, Conversion, Domains, Free Reports, Google Adsense, Membership sites, Mobil Blogging, New Blogging, SEO, Themes, Traffic, Web Design, Websites, widgets, wordpress, World Internet Summit, Wp Headers, Wp Themes, Youtube Video

Commercial Blogging

Experts are of the opinion that commercial blogging is the future of
blogging. Commercial blogging has been accepted as an effective way
of boosting the business of a company and that is one reason why
more and more companies are plunging in blogging to make some
serious money. However, it would not be wrong to say that making
money through commercial blogging is not a direct way of making
money. Commercial blogging can definitely help your business, but by
indirectly influencing the thoughts of the readers and potential clients.

Read on to find out how commercial blogging can help improve the
profits of your company:

Corporate blogs are the best way to interact with customers
and prospects

A corporate blog, if used efficiently can provide the best platform for
interaction with customers and prospects, which in turn will lead to
opportunities to create a positive impression and encourage them to
purchase your products or services.

Engaging employees with good corporate knowledge is ideal
for promoting services and products through blog

It is very important to engage loyal and knowledgeable employees to
blog on behalf of the company. It is very crucial for the success of the
commercial blog, as only such employees would go the extra mile to
impress upon the good qualities of the company on the readers. It is
also important that those employees have a passion for writing and
community building. The blogs written by such employees would make
the potential clients feel the sincerity hidden in the articles. In other
words, such positive impression would definitely lead to improved
business for your corporate.

Commercial blogs can be used as a powerful medium to
increase company’s credibility

While adding the blogs, it is very crucial to keep the primary goal of
the blog in mind, which almost inevitably is to up hold the reputation
of the company by increasing the credibility through the blogs. This
can be done effectively by replying sincerely to the feedback of the
clients on the blog. This will inevitably result in an impression of
enhanced customer service which in turn will encourage the customers
to continue their business with your company, which is nothing but
increased profits.

Update the blog regularly

By updating the blog regularly, you can be assured of continued
loyalty of the customers to your blog and hence to your products and
services. Regular visits by your readers imply that you will have ample
of opportunities to impress your customers with additional news and
information about your products and services.

Be openhanded with links

Like with any other form of blogging, the success of commercial
blogging greatly depends on the success of links. It always pays to be
liberal with links and back links to your corporate blog. This will result
in increased traffic which would lead to additional business.

Many big companies have recognized commercial blogging as a cheap
yet effective marketing tool. However, one of the biggest problems
with commercial blogging is that, the companies have to shell a lot of
money in avoiding articles or blogs which could hamper the reputation
of the company.

A_Joint_Venture_Success_Story

By Randy R on August 18, 2010 in JV

A Joint Venture Success Story

The big selling point of a joint venture is the fact that all the parties involved will prosper. The question you have to ask yourself is by how much. As most joint ventures are short term contracts, you have to consider the profits in the short term as well as the relationships for the long term. As the more connections you have, the geater chance you have of gaining more joint venture opportunities or hep in your own ventures, you will certainly want to be able to maintain the relationships you form even if the first joint venture is not a success.

As with an business, the key to success is knowing your field. If you know the problems before they occur, you can troubleshoot them easily. If you know the challenges that come along with it, you can be prepared. Knowing the competition allows you to have an edge or even and insight in your field; after all, if you know what they are giving their clients to keep them as clients, you know what to offer yours. Speaking with as many people in your field as possible will let you know just exactly what you are getting yourself into. Not only that, but you will be developing business relationships that will give you some leverage in your field as well.

Once you are approached with a joint venture opportunity or looking to approach a peer in your field with one, you must do some research on the indiviual(s). These will be people that you are trusting to represent your name so you need them to be good representatives. Alternatively, these are people that you are expecting to pay you after sales are being made so you need them to be honest, trustworthy, and reputable. Also understanding what their goals and aspirations for the product are will help you know how to market it better. Knowing what they want and what makes them tick will also allow you to make a joint venture proposal that they simply cannot refuse. You may be able to gain a partner who never thought about forming a joint venture before!

Research also allows you to have a valuable negotion tool. You cannot be lowballed if you know the average market value, and you could make a sweet enough deal for a marketer if you know what they are currently working for.

Once you have done your research and made a joint venture proposal to a team of well qualified individuals, you will be well on your way to success. As with quality products, a quality joint venture will always produce profits. Once you have had once successful joint venture, others will know and seek you out for another. This is where you gain business for life; through successful joint ventures.

Avoid_Mistakes_of_Joint_Ventures

By Randy R on August 13, 2010 in JV

Avoid Mistakes of Joint Ventures

As you already know, joint ventures are a lucrative agreement for all parties involved. After all, they have the sole purpose of creating profits so they have to succeed. You may want to find a partner right away and start on your marketing campaign so you can both start making a lot of money. But what you need to know before enterting a joint venture agreement are some mistakes to avoid.

All too often, as an affiliate marketer, you may find someone seeking a joint venture partner to market their product. They are even willing to pay above the competition. This may make you want to jump on the opportunity before someone else. After all, if you can make the same sales you are already making but at a higher cut, why not? The problem is, if you are not willing to research a little on the product, you may find that you are stuck endorsing and promoting a product that is not worth anyone’s time let alone yours. While you can surely drop the campaign once you do find this out, you risk tarnishing your reputation and rapport with your clients or users.

Alternatively, if you are looking for an affiliate marketer to enter into a joint venture project or a peer within your niche, you should make sure that you are not only offering them a nice cut in the deal but also a quality product. Ask yourself if you would be comfortable marketing the same product to your users and if your product is really worth endorsing. If you are cross-promoting with a fellow peer in your niche, you would want them to give you a high quality product. You do not want your name to be mud in your niche. Repeat customers and a loyal fan base are key to generating a guaranteed income. If you tarnish that relationship, you will find it hard to build it back up. As relationships with your customers are key, it is also important that your joint venture partner be a reputable one.

Joint ventures are often short time. Many times, they are used for you to get your foot in the door or to promote a new product. Once you have developed a client base, you no longer need help in promotion that joint ventures offer. Additionally, some relationships just do not seem to work out. Whether it be due to lack of luster or charisma or desire to be in the joint venture agreement any longer, you and your partner should forsee a potential break in the relationship and have an opt-out option for such a case. You want to be able to end the joint venture project amicably.

Joint ventures are the key to e-commerce success and promotions. If you have already weighed the pros and cons and come to the conclusion that a joint venture is the right venue for you, then all you have to do is assure that you approach them properly. A successful joint venture comes down to the overall structure of the team.

Blogging For Earning With A Long Term Strategy

By on August 9, 2010 in

Many men and women dream of blogging for revenue, and this goal is not far beyond the reach of someone with average intelligence, a willingness to work difficult, and a fundamental grasp of blogging technology. Even so, extremely few people manage to reap the profits they want from their blog page. Most folks who attempt to produce dollars with their blogs do not succeed for two reasons. Usually, bloggers have unrealistic expectations of how fast their readership will grow and how a lot dollars they’ll make, and when these expectations aren’t met the disappointment can crush the desire to continue blogging. The other trap that many bloggers fall into has to do with lack of planning. If you want to turn a income as a blogger, the key to accomplishment would be to make a realistic plan and stick with it.

Original post by Val Alex

Create_a_Joint_Venture_for_Your_Benefit

By Randy R on August 8, 2010 in JV

Create a Joint Venture for Your Benefit

If you are in online marketing, you are undoubtedly looking to make some commissions on product sales or promote your own service/product for full profits. So is every other millionth webmaster. What is to set you apart? One among many can often be daunting. It can cause many to stop before they even start. Joint ventures not only give you a support system to get through the rocky start, but also the foot in the door that you need to succeed.

A joint venture is much like a partnership where both parties play to the other’s strengths in order to reach an agreed upon goal. Whether it be to get your product to the masses, generate traffic, provide a service, or just merely promote a hype, the more experienced help you have on your side, the better. Some things to consider when starting a joint venture are the benefits that your partner or partners will bring to the table, the feasibility, and the credibility that another partner brings.

Many do not fully consider the joint venture option because they would rather much make money on their own. After all, if they do it themselves, they gain the sole profits, right? But what they forget is that quantity is key. Sure, you want a marketable and quality product, but if you are not selling in mass quantities, you are not making enough profit to make it worthwhile to continue. This is where joint ventures play a big role. If you get a small group of skilled marketers together and pay a higher commission than the affiliate markets, you can dominate in your niche in no time. Domination would equal more sales which would equal more money in your pocket in the long run. And to make the deal even sweeter, you do less work. How does that sound for genuis ideas?

You may be asking yourself why anyone would want to enter into a joint venture unless they are the ones that have a product or service to market. After all, why would I want to do someone else’s grunt work? Yet if you take a look at the commissions that affiliate sites like Revenue Universe or Commission Junction and compare them to the commissions that a potential partner would offer you, you will undoubtedly find that you will make more through a joint venture project. Think about it: company A pays affiliate site B a certain amount of money. Affiliate site B pays you a percentage of that. If you cut out affiliate site B, you are making more than just a percentage; you are making the full dollar!

Online marketing is a lucrative career of which many can make a living doing. Joint ventures allow you to set up a profit making campaign that will give you residual income for months and even years to come. The key to a successful joint venture project, of course is finding the right players.

Free_Marketing_With_Joint_Ventures

By Randy R on August 3, 2010 in JV

Free Marketing With Joint Ventures

Nothing in life is free, right? Wrong. Of course there are always sacrifices or debts that need to be paid to get what you want for free, but you can get free things. Now you must be wondering how something can be free if you have to pay for it, but what you are not thinking about is what you really do not have.

If you go and make a sale a day and gain $100 per sale, you are making $100 a day. You pay no expenses so at the end of the day, your profits are $100. If this is guaranteed, and you know you cannot make more, then that is fine. But what if you enter into a joint venture agreement with two other marketers who can only make a sale a day as well. You agree to pay them 40% on each sale so they will be making $40 a day. You still make your regular one sale a day at $100, but now you have expenses to pay: your joint venture partners. The two have made one sale apiece and as per your agreement are owed $40 apiece, making your expenses for the day $80. So now you are wondering where the free part comes in, right? Well sure, you could pay them the $80 from the sale you made that day, but why not keep what already was profit as profit? Pay them from the sales that they made instead. Now that you have done that, you still have the $100 you made and would have made anyways without your joint venture partners, but you now have an additional $60 per sale that they made: $120. This is money that you would not have had without the joint venture agreement. Essentially, this is free money.

What about how the sales are made? In order for your joint venture affiliates to make a sale, they have to first market the product to potential clients, right? And what does this do for you? Generates not only free marketing, but free traffic! You do not even have to pay extra for this as this is something that is just inherent in a joint venture agreement such as this! The best part of that is that if the sale does not convert right away, you have the potential of gaining a sale on your own off the efforts of your joint venture partners.

Obviously the business model is not as simple as represented here, but it could be for some. Joint ventures not only bring in free marketing, free money, and free leads, they give you more free time! Who else would not love to not have to come straight home from work and get online to generate leads for their product? It would be great to have someone doing the work for you. The added benefit that joint venture partner has over a regular employee is that you only have to pay a productive partner whereas an employee you would have to pay no matter how productive he is or is not! It is a winning understanding for all involved. Your partners get paid for their efforts, you get paid for doing nothing, and your product gets into the hands of clients that really needed it.

Joint_Venture_Accounting

By Randy R on July 19, 2010 in JV

Joint Venture Accounting

A joint venture is an association similar to a partnership, the only difference being the time scope of the project that is joint venture is entered into for a limited and specific object. Because joint ventures are considered relatively short in relationship value, a ‘real’ partnership would be a unnecessary hassle. As a joint venture is still a short-term partnership nonetheless with both costs and profits, it is still important to be able to keep accurate bookkeeping. A couple of accounting methods can be implemented in a joint venture scenario.

The more obvious method would be to have a set of books that are separate from the actual corporation and only used in joint venture documentation. The books are taken as usual and so no real risks are seen. In a more short term joint venture project, separate books are not really needed nor provided.

Participants of a joint venture team are much like salesmen for a company; they go out on the company’s behalf and spend money on goods, clients, or needs to make your company a success. They file an expense report with you so you have documentation of both their efforts and expenses. A joint venture partner must be able to do the same; provide documentation of their purchases for the joint venture.This is achieved much like individual accounting. The partner logs his expenses in a separate book addressing the joint venture. Once all have reported their expenses, they are jointly marked on a statement known as a memorandum statement. The profits and losses are then decided off this statement and divided accordingly.

The profits and losses will vary depending on the relationship of the team. If one partner is solely the marketer, he will report more profits than the one with the product to market. The profits of his books will be equivalent to the losses of the other’s books. This is how the books are reconciled easily.

A joint venture is still a business agreement and should be approached as such. This includes the accounting side of business. Keeping an accurate record not only helps you see what is owed or gained, but whether or not the efforts of the joint venture are a success or not. As the books are also kept on the group as a whole, it is easier to determine that it is because of the group that X-amount of profit is being made or X-amount of loss is being taken. At this point, you can then decide whether or not to continue with a joint venture as opposed to a partnership which you are in for the long haul.

Joint_Venture_Bum

By Randy R on July 14, 2010 in JV

Joint Venture Bum

A great untapped method to online success is a joint venture. Too many people create a product, service, or script that they want to market and become consumed by greed. They do not want to share their potential profits so they attempt to list, market, and generate sales for their idea. They may get sales and make some profit, but what they miss is the greater earning potential that a joint venture brings.

A classic post among webmaster or moneymaking forums is how one can generate an income with little to no work. Everyone wants the bum method to internet riches. What they do not consider is that setting up a joint venture could be their ‘free’ ride. With the initial setup labor and costs, one could sit back and relax while their partner(s) do all the work generating sales. A joint venture cuts out the middleman of affiliate marketing and allows you to pay the marketer directly. What this does is give the marketer a higher incentive than he would normally get with a regular affiliate account so not only do you prosper, but so does your partner. If your partner knows that he can make more money with each sale, he has motivation to sell more. More sales means more money in your pocket. Mathematically, if you do five sales by yourself at $100 per sale, you make $500. Now, if you enter a joint venture with someone whom you agree to pay say 40% of the sales to, you will earn $60 per sale. The difference however is that now you do not have to do a single thing. You just sit while your partner does the work. Additionally, if you can enter in a joint venture with a good number of marketers, you could be making more than a lousey five sales. Just having a team of five marketers selling your product alone will make you more profit than a solo job. If they make at least two sales, you have already made more doing nothing than you would had making five sales on your own. Such is the life of a joint venture bum.

Finding partners to team up in a joint venture is not hard if you know where to look. There are plenty of highly populated webmaster forums where you can offer even your services in exchange for theirs. Make their job even easier and they will surely be more productive for you. If you gather all the tools they will need to market your product such that all they have to do is generate leads, they will be more motivated to join your venture and produce sales. This is where having a good web designer on the joint venture would prove helpful. If you come up with the idea, he can create the sales page, and your marketer can make the sales. You make profit for still doing nothing, the web designer gets more work, and the marketer is getting a higher cut at leass work had he attempted his affiliate program solo too. Joint ventures do more than benefit the creators; everyone prospers if they are constructed properly.

Teamwork always allows for an easier job with quicker results. If you want to make more money with less effort, a joint venture can help you on your way. Choose the right team players, and you could be well on your way to becoming a joint venture bum.

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