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6 Reasons Why A Website Is Crucial To Your Business
Since I'm a web designer, I have a tendency to think everyone understands that having a website is important. Every once in a while, I have to remind myself that some people just haven't heard yet!
Why is having a website such a big deal?...
How To Achieve Targeted Reach Through Banner Ads?
When you run a banner advertising campaign, your strategy should be to achieve as much focus as possible in audience profile and then look for ways to get wider audiences within that profile. You want targeted reach. Let’s look at some ways to...
If You Sell Anything Online Your ePockets Are Being Picked
You and I are a lot alike. We are both software publishers and eBook authors getting hosed on a regular basis. You and I, my friend, are victims of software piracy that accounted for over $24 BILLION dollars in lost revenue over the last...
Links From Blog Comments
Earlier the blogs were synonymous to the personal weblogs or online diaries. But this is no longer the case. Yes, the horizons of blogging have taken an all together new facet today. A number of professional or business blogs are published these...
Using Forums to Promote Your Business
When is work not really work? When it's fun! Using online forums, also called message boards, can be a fun way to promote your business in a low key way. Benefits: You cultivate relationships with others You learn about all kinds of topics Your...
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Earn More Money in Your Online Business by Creating a PIG
If you really want to earn more money with your at home business than you need to strongly consider adding a P.I.G. Obviously, I am not referring to the questionably adorable pot bellied pig that many fine people have adopted for a pet. The concept of adding a Passive Income Generator to your business should be a top priority if you want to earn long term income.
What exactly is a Passive Income Generator?
As the names suggests, a P.I.G. is a product, system or service that will pay you and your company long after it has been implemented. In fact, the ideal P.I.G. is one where you do the work once and it pays you over and over and over with little to no maintenance on your part.
An example of a P.I.G. could be a book, an audio CD, a patent, the licence to use your idea, a service that you contract out, and much more. Let's take a book as an example. You diligently research, compile, write, edit and proofread your book. Depending on who you are this may take you anywhere from 14 days to 14 years. Once the work has been done, a publisher will usually help with the marketing and promotion of the book. Once all that has happened, you the author are left with a passive income generator that will keep selling books while you sit in the sun enjoying a margarita.
Making money with a P.I.G. has become so much more important with the acceptance of internet commerce. Today, there are some amazingly quick, simple and inexpensive ways of creating a P.I.G. As an example, take a pay per click advertising campaign. This type of a business revolves around driving traffic from the search engines at a small cost to a sales site. Once at the site, automated
software can take the browser by the hand and market and market the product until a sale is made. If the product is virtual like software or an e-book, no human ever needs to get involved in the transaction (other than the buyer).
Another example of an online P.I.G is an affiliate program. Pretend you sell a digital product like an ebook or audio book. Now imagine you get to work testing all kinds of sales literature until you create a very effective selling system on your website. All you need to do now to really expand your business is drive plenty of traffic through this system. By creating an affiliate program and attracting hungry affiliates, you stand to make a greater income while working less and less. The affiliates bring in the customers, your automatic sales website does all the work and once again you get to take off to a warm sunny destination.
So no matter what business you are in, think about how you can earn more money by adding a P.I.G. What parts of your business can you automate for complete hands free operation? Could you create an entire business where you create nothing but P.I.Gs? How much more money, free time and luxury would that add to your business and lifestyle?
About the author:
Glen Jansen, helps home based business entrepreneurs find easy ways to make money online. Visit www.1st-in-earn-extra-income.com for more free information and money earning articles.
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