Bob's Home Business Blog

When I say free money I mean cash producing ideas which cost you very little or nothing to implement and you use to produce an income. If you’re just starting out with your home based business online and you’re looking for an inexpensive way to jump start your enterprise and start making money right away then here are 5 methods you can use or you can choose from to begin generating revenue almost immediately.

1. Completing online surveys can make you $40.00 or $50.00 per day or more if you find the best and most reliable companies online to deal with who will pay you on time and on a regular basis for your work. These organizations are always looking for people to provide feedback about their products or services and they’re willing to pay for this information.

Your pay per survey can range from $5.00 for one completed questionnaire all the way to $50.00 for the more comprehensive and time consuming assessments. However, you must beware and investigate each and every company before deciding to do business with them. There are businesses online that are a little less than ethical who will take advantage of you and your work and not reward you as promised.

Some of the benefits are these programs are completely free to join and the work is easy and in most cases the surveys take very little time to complete. You can also set your own schedule and only fill out as many questionnaires as you desire during any particular day. However, you only get paid for the surveys you complete so it may be in your best interest to do as many as possible.

2. Google’s adsense program is another very easy tactic to implement because you only have to display advertisements on your website, supplied by Google, which you get paid for when people click on these banner or text ads. You’re acting as an affiliate for Google and as a publisher you present these ads on your home page and whenever one of your visitor’s becomes intrigued and clicks on one you get paid.

Some of the advantages of using adsense is you get paid for very little effort on your part and the income is passive in the sense that you don’t have to continue to work to get paid; it generates income automatically once you have the ads in place. It’s also very easy to join and you can do so by opening an account on Google’s website by submitting some very simple information and you can be up and running in a day or so once your application is approved.

The only real drawback is the fact that in most cases you will only be awarded approximately 50 cents each time an advertisement is clicked. However, this can add up and depending on the number of websites you have you can make $100.00 or $200.00 per day with a little work.

3. Another no cost online home business idea to generate some fast cash is freelance writing. If you enjoy article writing then this should be for you because there are thousands of websites online looking for fresh content on a daily basis to fulfill their search engine optimization strategy requirements and they will pay good money to have someone write this information for them.

This is a great way to get established starting out on the web because you can pick and choose who you want to work for, you can set your own hours, there are no start-up costs and all you need is a word processor and the ability to write coherent English. The downside is it takes a little more work for the money you receive and it takes some time to get your name known as an accomplished writer online so you can start commanding higher pay for your articles.

With a little research you will discover many very good services on the web looking for people to write editorials, e-books and to perform copy writing duties for their clients.

So as you can see it doesn’t take a lot of money to start earning revenue online for your home based business; all you need is the willingness to put in the time and effort and the monetary rewards will follow.

Bob Withers

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Many successful Internet marketers and home based business owners online today have achieved their goals because they’ve created multiple streams of income for their business. Simply put this means they have revenue coming into their enterprise from several different sources.

This is a great way to amplify your earnings and to help guarantee if one income stream dries up, for any reason, you still have earnings coming in from your other sources. This will ensure your business continues operating and generating profits even though one resource has been depleted.

There are many ways to create these different revenue sources with one of the most popular techniques being to build multiple websites which sell different products and or services on the web. Using this tactic the Internet marketer builds one website at a time and drives traffic to this site on a regular basis establishing a regular income before beginning to build a second site and repeating the process.

In time the Internet entrepreneur could have created a revenue generating empire pumping profits into his or her bank account 24 hours a day 7 days a week. Another name for this type of revenue stream is residual income because it keeps replenishing itself week after week and month after month. You can literally walk away and you will still receive payments to your account on a regular basis.

Another strategy you can implement is to create several products of your own and sell them independently from multiple websites online. This, of course, will establish several income streams and you can make it residual revenue by developing an affiliate program and hiring other people known as affiliate marketers to sell your merchandise in return for a commission from each sale.

By employing an army of independent sales people you have created another business in and of itself which will generate income for you even while you sleep. Membership websites are all the rage on the Internet today as home business opportunities. These sites charge their subscribers a monthly fee for access to the content on these web pages 24 hours per day.

Once again, by creating several of these websites which generate revenue each month on a regular basis you have created several revenue streams which provides the owner with residual, or walk away, income.

Multi-level-marketing or MLM provides another opportunity to create several sources of self generating income for your enterprise. MLM involves selling products on the web while at the same time recruiting others to also promote the merchandise. The more sales you make and the more members you enlist the more revenue you generate not only from your sales but from the sales of your down line or your subscribers.

So as you can see there are several very effective techniques you can use to produce income from various sources for your home business online; while at the same time causing this revenue to replicate itself month after month as if on auto pilot.

Bob Withers

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Many home based business owners online who are new to Internet marketing and who have just created their enterprise are often looking for ways to generate an income as quickly as possible. Meanwhile, seasoned veterans are sometimes looking for techniques to generate some fast cash to fund a new product launch or some other type of endeavor. Here are 5 methods you can use to make the money you need, for whatever reason, in the short term for your venture:

1. You can create a regular monthly income stream by establishing a leasing program for your high end products. For example, because of their financial situation some of your potential customers may prefer to lease your more expensive merchandise on a monthly basis instead of buying it outright. You could also provide the option for them to buy the product at the end of their lease term or, when they return it, you can make it available for other customers to rent or offer it for sale at a reduced price.

2. Another technique you can employ which will establish a regular monthly revenue flow in a short period of time is establishing a subscription area on your home page. Subscription websites have become very popular online because, for a monthly fee, you can have access to all the products available on the site from the members area. The secret to success with this approach is to add new merchandise to your back room on a regular basis. This will keep your customers interested and, more importantly, help retain them as subscribers to your membership site.

3. You can create a cross promotional arrangement with another home business owner on the web. Through this agreement you will advertise the other entrepreneur’s product from your home page and to your email list and he or she will reciprocate. The key to this strategy is to select an online business which promotes products related to your merchandise but isn’t in direct competition to your enterprise. This is also a great way to increase traffic to your offer as well as help build your email list.

4. Another method for generating a fast and regular income stream to your Paypal account is by creating a coaching program from your website. For example, if you’re into Internet marketing you could create a course on how to drive hordes of traffic to your website, and conduct a training session once a week from your home page. You could charge a monthly fee for access to this information and you could also record the training sessions and bundle them into a product which you can sell at the end of the coaching program.

5. You could create a monthly newsletter or ezine from your website and sell subscriptions for access to and delivery of your information. As a promotional technique you could offer a 50% discount on the purchase of one of your products to any potential customer who subscribes to your monthly electronic magazine.         

By incorporating any or all of these online home business money making techniques you can create multiple, regular income streams from your website and help your enterprise become financially viable much sooner rather than later.  

Bob Withers

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After you’ve established your home based business online and you’ve started making a steady, regular income you may now be asking yourself how you can increase your monthly revenue on the web. As you probably know by now, from your research when starting your business, there are many options available for you to implement to help increase your monthly earnings. Here are 5 proven techniques you can use to help add to the bottom line of your Internet enterprise:

1. You can increase your earnings from your existing home business by adding a new Internet marketing strategy to your existing arsenal. For example, if your daily advertising routine is comprised of three techniques such as pay per click, article marketing and social networking perhaps you can also include a new tactic such as classified advertising.

This would increase your productivity by 25% and by adding several new ads to the many classified websites online each and every day you will also increase your traffic and eventually your sales and profits.

2. Video has taken the Internet by storm, as demonstrated by the popularity of video sharing websites such as YouTube; and if you haven’t yet added video to your Internet marketing strategy you should seriously consider doing so. Video marketing isn’t as intimidating as it may sound because you can easily create a video advertisement by using one of the many screen capture tools available online and simply add text and audio over your picture.

Or you can use a camcorder to shoot a scene or your cell phone if it has video capability and simply upload it to your website with the appropriate key words included so you can attract the major search engines attention and get ranked on the first page of search results for your product or topic.

3. If you’re into writing and article marketing you can outsource this activity to a third party which will free up some time for you on a daily basis which you can dedicate to other areas of your business such as applying new ideas for marketing your products. Or you could continue writing your article very day which would double your productivity in this area which may also double your traffic and increase your sales.

Outsourcing doesn’t require the monetary investment that you might think it does. For example, you can have a high quality article written for you of at least 400 words at fiver.com, so 4 editorials per week would only cost $20.00.

4. You can increase your revenue by adding a new income stream to your home business by tapping into a profitable niche. There are many profitable market segments ready and waiting to be marketed on the web. For example, health and fitness is a multi billion dollar industry and by setting up your own website dedicated to this topic and this type of merchandise and by driving targeted traffic to your opportunity on a regular basis you can claim your piece of this profitable pie.

5. Continuing education is a necessity for any Internet marketer wanting to create a full time income from home. No matter what type of enterprise you’ve created from your website you will always need to keep up with the newest trends and Internet marketing techniques available or you will be left behind to fend for the monetary scraps online. So make it a point to learn a new topic or strategy each year that’s in demand which can add money to your home business coffers.

For example, some of the talents you can acquire include, but are not limited to, article writing, copywriting, search engine optimization techniques and website design just to name a few. By applying these newly learned skills will not only add profits to your current enterprise but you can also create a new income stream by outsourcing your talents to other Internet marketers for a fee.

So as you can see, once you’ve created a regular income from your home based business online there are many techniques you can employ to continue to increase your monthly revenue to help achieve your Internet marketing goals.

Bob Withers

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Your current customer list is the foundation for the future of your home based online business. These people represent future sales and profits for your enterprise and they should be nurtured and treated as such because the loss of even one client represents a decrease in potential future income for your venture.

An emphasis on a continued high level of customer service is probably the best approach to take for retaining happy, loyal and satisfied clients who will remain interested in and are willing to read any future promotions you deliver to them via email.

Once you have persuaded a potential customer to become a paying client how do you advertise to them again to persuade them to spend more money on your products or services? Here are 10 techniques you can use to entice your loyal patrons to open their wallets once again and purchase your merchandise:

1. It’s never too early, after their first buy, to plant the seed for future sales. For example, you can include a coupon with your customer’s receipt from their first purchase for a 15% discount on any future buy. This may encourage your customers to purchase again, sooner rather than later, especially if they saw something of interest at the time of their first purchase.

2. Follow up with your customers on a regular basis to see how their product is working for them and ask if there’s anything you can do to help. When you follow up make them an offer on a complementary product which can help improve the over all performance of their initial purchase.

3. Take the time to send your clients a greeting card on special occasions and holidays with a brochure attached outlining special offers for current customers only. This makes them feel appreciated and special in the sense that this offer is only being made to loyal patrons and this may persuade them to buy.

4. Create an annual customer appreciation day and advertise it widely on the web well in advance of the date. This advertising should include special promotions and discounts for your current clients with bigger bargains being reserved for people who have been associated with your home business the longest.

5. Send your customers gifts and freebies on a regular basis in appreciation of their business and their loyalty to your enterprise. When you email the link to the download page have other offers front and center on that page which may entice them to make a purchase while downloading their gifts.

6. When your visitor is making their first purchase include an up sell of a complementary product which some how enhances the merchandise they’ve just bought. You could create a package deal containing several related items and offer the whole deal at a reduced price because you’ve bundled the products together.

7. Send a mass email to your customer list offering a special, one time only, two for one sale while emphasizing that it’s a limited time offer. You could add a counter to the email which highlights the time remaining to take advantage of the special which will help create a sense of urgency within your clients and prompt them to take action now rather than later.

8. When your potential customers become paying clients give them access to a special customer’s only area containing special offers and discounts reserved for them only. After they make their first purchase you could email a username and password to each client so they can gain access to this special back room, while emphasizing this is a reserved area for customers only. Once again, this may instill a feeling of being special within your clients and make them feel appreciated by your home business.

9. Offer your customers the option of signing up to receive future special offers and discounts from your enterprise in exchange for a free subscription to your ezine. This will help build your email list which of course is where the real money is for future profits.

10. Offer your customers the opportunity to purchase the private label rights (PLR) to your products. This will allow them to make any changes they want or feel are necessary to your merchandise and claim them as their own for resale in order to keep 100% of the profits.

These are 10 very effective strategies for encouraging your customer list to buy again and again in order to help prove the old Internet marketing adage “the money is in the list”.        

Bob Withers

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Once you’ve decided to create a home based business online and you’ve built your website you must now decide how you’re going to make money from your home page. There are many money making opportunities online so finding something that works shouldn’t be too difficult. The majority of successful entrepreneurs on the web create income from multiple sources or  have multiple income streams flowing into their paypal account which helps increase their monthly profits.

The only danger associated with this strategy is the possibility of spreading yourself too thin by trying to concentrate on more than one opportunity at a time. The best approach in this situation is to make sure you have one aspect of your business running smoothly and making a profit regularly before attempting to create another income online. This way you’ll be sure to have one money making endeavor to fall back on while you’re establishing your new venture.

Here are 5 ways you can create these income streams one at a time to ensure money is flowing into your home business account on a regular basis.

1. If you’re just starting out online one of the easiest ways to create an income almost immediately is by selling other people’s products for a commission or a percentage of each sale. There are many affiliate programs available on the web to choose from but you must be careful to find one whose products are in demand and who provide a profitable return for each sale. Clickbank is a great place to find other people’s merchandise to sell from your website and is also a tremendous research tool for finding the right affiliate program for your home business.

2. Website flipping can be another lucrative source of income for your enterprise. You simply build a website related to a particular niche market which you’ve researched and create content on this site related to your niche topic. For example, if your theme is “how to quit smoking” you would research information on the topic and write articles about how to accomplish this goal and post them to your website.

You can also create back links to other similar sites which contain relevant information in order to build your content base even further which will help drive targeted traffic to your home page. After two or three months, when you feel you’ve created a website which draws a significant number of visitors each and very month and which is ranked on the first page of Google you simply put a price tag on your home page and offer it for sale on many of the related forums and websites who cater to this business. 

3. Private label rights products can be another very profitable home business opportunity on the Internet. PLR merchandise are goods which you acquire either through purchasing them or through some other business arrangement with the owner such as a joint venture agreement.

Once you own the private label rights to these products you are then allowed to change the content in any way you wish and place your name on the result as being the creator or author in the case of an ebook for example. Once you’ve modified your products you’re then free to package them and sell them from your website at your own set price and in any manner you wish.

4. If you’re into article writing you can create an ebook by combining several of your editorials into separate chapters and make it available for sale from your home page. Ebooks remain one of the most downloaded information products online today; so the demand is still quite high for this type of merchandise as long as you select a topic that’s popular as well.

Once you create your electronic book you can then divide it into separate reports on different topics and create another revenue stream by selling these reports individually to your niche. Once you have your own information product many other opportunities with other entrepreneurs online will present themselves, such as joint venture opportunities, which will create even more income for your home business.

5. Another technique which can create an income almost instantaneously for so called newbie’s on the web is Google’s adsense program. AdSense is one of the fastest and easiest ways to monetize traffic to your website whether you have products or services to promote or you simply provide free content to your visitors.

Google AdSense enables webmasters to place code on their site that connects to Google’s ad server database and attracts keyword relevant advertising onto your web pages. The website owner gets paid a percentage of the fee that Google receives from the advertiser every time a visitor clicks on an ad. There is no charge for you to participate in AdSense because all costs are covered by the advertiser and it’s very easy to join this program just by visiting Google’s website and providing the necessary information.

Anyone new to Internet marketing or home business ownership online can very easily establish one revenue stream from either of these opportunities and eventually turn one income stream into several sources of profit by expanding their enterprise into several different markets by implementing more of these ideas.

Bob Withers

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Many Internet marketers and home business owners online offer free subscriptions to their ezine, or online magazine or newsletter, to their website visitors in return for their email address in order to build their list of potential customers. This is a very effective strategy to employ to gather your visitor’s contact information so you can follow up with them and try to persuade them to become paying customers.

However, you can also charge a fee to your website visitors for subscribing to your monthly or bi-weekly Internet publication for various reasons which will ultimately benefit your online home based business.

1. Not only will you be collecting a monthly fee for delivery of your ezine but you will also have the opportunity to advertise your products to your subscribers on a regular basis. This provides the possibility of creating a dual income stream from each member of your email list if you’re successful in persuading them to also become paying customers of your enterprise.

For example, not only will you be receiving a monthly revenue stream from your Internet magazine but you’ll also be collecting regular payments for your merchandise if it happens to be access to your membership website.

2. Ezine subscription fees are one of the most cost effective ways to create a monthly income on the web. By emailing your periodical to your members, the only personal costs involved are your time and energy dedicated to writing your editorials. There’s no overhead in terms of inventory expenditures or shipping and delivery charges as there are with some  other Internet businesses.

3. Residual income is one of the most effective ways of ensuring long term success on the web; and by subscribing people to your monthly newsletter for a fee you’re creating a regular and ongoing revenue stream for your home based business. Your main objective now is to keep your subscribers interested by providing quality content on an ongoing basis.

4. By selling your online magazine to your potential customers you’re beginning to establish yourself on the web as a professional writer. Your website visitors will start to perceive you as an expert on your chosen topic which will help enhance your reputation personally and will help establish your enterprise on the web. When people feel they know you and trust your home business opportunity they will be more inclined to do business with you than with a perfect stranger.

5. You can create a spin-off of your original monthly publication in order to create yet another income stream. We’ve all heard of spin-offs of television shows where the creators decide to expand their market share by creating a new series based on one of the original characters; well, you can apply this to your monthly newsletter after you’ve published enough periodicals by turning them into another product. For example, you can produce an Internet course related to your topic or fashion videos and or audios of your original ezines to promote online.

There are many ways to create a home based business income on the web and instead of giving away your monthly newsletter you can charge a fee for your efforts and create another revenue source for your enterprise.           

Bob Withers

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You’ve created your home based business online and you’ve decided to make home business opportunities your Internet marketing niche; so now what do you do? You’ve heard  many of the most influential Internet marketers online say that in order to become successful on the web you need your own product. In other words, you have to create something you can call your own such as a piece of software or if you’re into writing perhaps an e-book.

You’ve taken the time and done the research into the topic you’ve chosen to write about and you’ve finished your digital book so the next question you ask yourself is how do I make money with my finished product? Once you have your own completed work to promote there are many ways you can generate a sizable income from your website and this article will explore 5 ways you can generate the income you desire and become the success story you may have envisioned becoming online.

1. Forming joint ventures with other Internet marketers is one of the most exciting and rewarding ways to get established as a legitimate business person online. When you’ve created your own product these opportunities present themselves and you’re able to enter into agreements with other, more well established, entrepreneurs on the web who will help you promote your product and increase your sales as long as you reciprocate by advertising their merchandise from your home page.

2. Create a pre-launch campaign for your product by writing and submitting a press release announcing your new e-book. You can include snippets from your work as a tease which will peak your potential customers attention and entice them to visit your home business website on your launch date.

3. You can offer bonuses or freebies to people for purchasing your product. To create a buzz from your website you can advertise that the first 100 people who purchase your book will receive a free gift related to the theme of your narrative. This give away must be something which will be of value to your potential customers in order to persuade them to buy.

4. You could divide your e-book into separate reports and announce that people who are only interested in purchasing information on certain topics can do so at a reduced price. For example you could sell your book chapter by chapter to people who are only interested in certain related topic. If your book is about Internet marketing and someone is only interested in your sections on traffic generation and pay per click then they could buy these two subjects without having to purchase the entire product.

5. Advertise that this release is the first in a series of e-books related to your chosen topic or niche. You could include, throughout your product, discounts, and or free offers, for anyone interested in purchasing the second edition of your series. These freebies could include a one on one telephone question and answer session with you any of your customers who are having difficulty in any particular area of their Internet marketing or home business efforts.

E-books and other information products still remain one of the most searched for and purchased goods online today and by having your own merchandise to promote from your website you are virtually guaranteeing your home business success online.               

Bob Withers

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Following up with your potential online home based business customers is one of the most important aspects of your Internet marketing strategy. Of course, in order to be able to follow-up with them you need their name and email address and you can capture this information by using a squeeze page, which is also called a landing page or an opt-in form, on your website.

However, people don’t give up their contact information easily so we need to reward them, for providing their email address, with some type of freebie or free gift. Following up with your visitors is important because people rarely purchase on their first visit to your website so you need to entice them to revisit. People enjoy receiving things for nothing so providing freebies is a great way to get them to come back.

These gifts can take many forms but they must provide value to your potential customers and be related to the reason why they visited your home business website in the first place. Nothing will drive these people away from your website faster than low quality, unattractive freebies which offer no inherent value to them.

For example, if your home business theme is Internet marketing your gifts must revolve around this topic so they will peak your former visitors interest and persuade them to come back. Your follow-up email could contain a link to your website where you have a free e-book waiting for them which, when they arrive, is surrounded by your most recent product offers. While they’re downloading your gift they may be inclined to check out your ads and perhaps make a purchase.

If your e-book doesn’t persuade them to become paying customers you can follow-up a day or two later with a message containing a 15% discount off any purchase from your website. Of course you would add a link to your product page in the email which will take them directly to your home page and you could encourage them to click on the URL by offering a free discount coupon for any future purchase even if they don’t buy today.

Your next email could be an invitation to participate in a contest on your home business site. The message could contain an entry form, which is also located on your product page, which they have to fill out and submit from your website.

The prize must be something of value to your potential customers in order to persuade them to take the time to visit and leave more information. This technique gives you the opportunity to garner more information about your visitors, through your entry form, while creating the potential for new sales.

Another persuasive tactic is to offer your visitors the opportunity to participate in a free Internet marketing training course on your website. You could follow-up via email of course, and include the link to gain access to your back room along with a username and password. This is a great way to get them to come back on a regular basis because you could stretch the course out over a period of time by making one module available for download each week.

Following up with your potential customers is vital to your home based business’s success online and using freebies or free offers as a persuasive tactic can increase both the size of your email list and your customer list exponentially.

Bob Withers

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When most people decide to create a home based business online they do so with the idea of replacing their offline full-time income, maybe $50,000.00-$60,000.00 per year, and when they reach their goal they sit back and relax and settle for this yearly income. What most people don’t realize or fail to recognize is that by taking that extra step or going the extra mile they could earn more money than they will ever need on the Web.

How does a home business owner go about doing this? There are several strategies involved which must be implemented with the most important being collecting your website visitor’s contact information. You’ve probably heard since you’ve been online from any Internet marketer you’ve met who’s worth his salt, “the money is in the list”, and if there’s one thing you can believe since you’ve been on the Internet than this is it.

The first thing you should do after creating your website is try to capture your visitor’s contact information by developing a highly converting squeeze page. Contact information gives you the ability to follow up with current customers to up sell them with your backend products, contact previous clients to entice them to come back and it allows you to establish relationships with brand new, potential customers that you’ve come across while marketing your products online.

A mistake commonly made by most Internet marketers is sending their website visitors directly to their sales page hoping they will purchase on their first visit. Of course this doesn’t happen 99% of the time and when they leave they’re usually gone forever and you have no way of following up to convince them to buy or to come back for a second look.

By inserting a lead capture page, on your home page, which offers your guest’s a free gift or a free newsletter subscription to encourage them to leave their information and then directs them to a page which highlights all of your products you will increase your odds of making a sale by giving them more merchandise to choose from and by capturing their follow-up information. If they don’t buy you still have their email address which automatically makes them a potential customer because of your ability to follow up.

Being able to communicate with these people again also gives you the opportunity to forge relationships with these potential clients. As we all know, people are more likely to do business with someone they feel they know than with a perfect stranger and because the average sales page online only convert 1%-2% of their visitors this highlights the importance of being able to follow up with your guests.

So creating an infinite income stream from your home based business online starts with a highly converting squeeze page and ends with a steady stream of targeted traffic and a product your visitors need and want. If you can put these three strategies in place then you can sit back and relax and watch the money flow into your paypal account.

Bob Withers 

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