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TODAY TOPIC:TIME FRAME

Nah kali ini kita akan membahas apa yang disebut sebagai Time Frame. Pembahasan Time Frame kali ini pada akhirnya nanti akan membawa Anda menentukan cara bertrading yang cocok bagi diri Anda. Mungkin ketika Anda melakukan begitu banyak browsing di internet, Anda menemukan ada banyak sekali cara trader-trader di sekeliling Anda yang bertrading dengan cara yang berbeda dan menghasilkan keuntungan yang berbeda pula.

Apa penyebabnya? Salah satu penyebab utamanya adalah Time Frame. Time Frame membuat Anda melakukan analisa teknikal dengan batasan waktu tertentu sehingga pada akhirnya batas keuntungan (Limit) dan batas kerugian (Stop Loss) menjadi berbeda.

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WARREN BUFFETT: LEGENDA PASAR MODAL

Bila saja tujuh keajaiban dunia bisa ditambah dan tidak hanya terdiri dari karya arsitektur, tapi juga orang, maka Warren Buffett boleh diusulkan sebagai salah satunya. Bayangkan saja, dalam sekitar 29 tahun, ia bisa meroketkan modalnya dari 100 dolar AS menjadi 57,4 miliar dolar AS pada Mei 1999. Forbes, majalah ekonomi kelas dunia, pada 2005 menempatkan Buffett sebagai pengusaha terkaya kedua di dunia setelah William Gates alias Bill Gates pemilik Microsoft. Jika kekayaan Gates 46,5 miliar dolar AS, maka Buffett 44 miliar dolar AS.

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FOREX EDUCATION JOURNALS
Apakah Anda sedang mencari sebuah buku forex yang komprehensif, dapat dibawa kemana saja, dan yang terutama disampaikan dengan bahasa yang sederhana? Belajar Forex memilikinya! Forex Education Journal merupakan versi cetak dari artikel Belajar Forex. Dengan tebal lebih dari 200 halaman, kini website Belajar Forex berada dalam genggaman tangan Anda! Informasi lebih lanjut:

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5 Things That Make Sure Your Content Pass The Test Of Time - DailyBlogTips

5 Things That Make Sure Your Content Pass The Test Of Time - DailyBlogTips


5 Things That Make Sure Your Content Pass The Test Of Time

Posted: 29 Jun 2012 11:00 AM PDT


How to know whether you are writing the right content, centered on the right keyword, for optimal exposure, and some search engine love?

Because knowing you are actually doing that can act upon how much you are passionate about that exact content, how work you invest in the whole procedure, how serious you are about that link building strategy and that marketing thing in general.

And being reluctant to think about this aspect of content can represent the difference between having the mindset to create a great content, or to just push another filler stuff on the shelf.

You have already chosen your niche, and there is no turning round, for better or for worse. The question however, you should be asking yourself right now is whether you are choosing the right material to fill that niche, ergo your blog. And that question ladies and gentleman is not that easy to answer.

I've been right there on the line asking myself whether that the material I'm about to produce is going to be worth the time invested in it. And to make long story short and cut right to the case, here is how I can almost always come with the answer that allows me to start typing and sleep sound at night, knowing that it wasn't all for nothing (well, not nothing, but at least time bad spent when elaborating about the whole investment-profit scenario, of course not just regarding the materialistic aspect that is).

And without further ado, here are a couple of ways to find out, and couple of questions you have to be asking yourself:

Five things that make your content pass the test of time

1. Go to Google Keywords tool. There you will find more than just numbers. It's what that numbers mean, and also what this tool is suggesting you to write. The numbers mean one thing – how many people are searching for the term you are inquiring about.

Knowing this you can make your equation upfront, and decide whether you are willing to trade hours for whatever that is that you want to achieve. The numbers show something more – and that is competition. You can see how competitive a term is, and judging by that make a logical and informed decision about whether you are going to step in.

The next thing that this tool shows is the related terms that people are searching as well. Being in the niche, and reading a lot, you should already know couple of related terms, so this is always a good test to see where you are standing in your niche.

By reading these terms you are not only seeing what is searched out there, but you are also learning the lingo within your own niche too.

And that's always a plus. For example when we were preparing a series of posts about a 5k run, we found out that what people wanted to learn about the most was how to get from couch to a good shape for the race.

And how did we learn this? Well, statistic showed that the term "couch to 5k" was the most searched term related to this thing. So by knowing this you can choose towards where to continue.

But, have also in mind that this tool is not the absolute truth, nor it's the only tool worth checking. Always try to do a little dirty work yourself, like checking the SERPs for that particular term and try to find out if anything is missing that you could fill out and provide a missing value to the niche.

2. Another useful tool that also comes from our favorite Google is "Google trends". Just go there and write a query. What you are about to see is gold in terms of knowing the future of the content you are about to write. Google trends show you the popularity in terms of searches for that exact query for quite some time in the past. And by that you can see whether the interest in this thing you are about to write is increasing over time, and how much is that growth when taken to a certain time frame.

And while knowing this you can't tell the exact numbers it will generate in five or six months, you will for sure be able to make quite better assumption compared to most people out there. You can also put two terms, and see how they compare to each other as well.

3. Guess things based on the offline world. How's that going to work? Simple, actually. I will again take the running 5k post we wrote for example. By talking to lot of people, and by witnessing how running became more and more popular, I figured that this subject is only about to grow in the near future. Also, I came to realize that people would get into it more and more, therefore becoming more serious and specific.

So posts like training schedule for the 5k race, and best tips for running the 5k race seamed very logical, since the interest for this is only about to grow. Another thing is your personal experience, or the experience of other people. What do I mean by that?

Well, If you start running (again taking the same example), you will start to see what matters more, and what is not that important. You will maybe even face some injury, and see the importance of preventing injuries yourself.

Going through all of this, you will have the picture of what is the most likely thing people will be looking for. And then you swoop in with your post and targeted keyword and give them what they are looking for. If there is a more complex thing involved, you can always look for communities and circles in which you can find more about what you are about to write. You will know the lingo, the phrases, the demand.

Try and ask yourself- is this going to be talked about a year from now? Are people catching to it ? The answer should be a positive one.

4. Follow the questions. See whether the thing you are about to cover is having some popularity on communities like Yahoo Answers or Quora. If so, you are off to a good start. Maybe even follow your peer bloggers. Forward an e-mail to some of them out there in your niche, and ask them whether it's ok to maybe write a guest post for them on that topic in the future. You will see how they are feeling about the subject.

5. Writing the post alone is not going to be enough. With the post you're only trying to answer the need for the subject on the market. You must answer this need without a question.

If you are writing a post about the tips on how to run a 5k race, then you better deliver them in the post. If you are writing about the best way to prevent injuries, then you must stay up to your promise. If you like your material to stay out there and to rank high in the engines, promoting it isn't enough. You have to make it so that it will promote itself. And that can be achieved only if you are satisfying the need of the readers with your content. Then you have social sharing, linking to your content, and the material gets the attention it deserved.

Composing the right material is crucial if you want a future for your blog. And while the filler and non-evergreen material that you are about to compose will not be so innocuous with regards to the survival of your site, it will for sure make so that your site never reaches its potential, and you never start making it for the long run – and if you are in this seriously, the long run should always be on your mind. Producing the material that gets talked about for ages to come, sure makes a difference with your blogging efforts.

Writing this post I didn't went to Google trends, or Google Keywords Tool, but being in blogging and experiencing this whole thing, as well as seeing the need of answering this question, I know that this material is going to be valuable to readers, and more so it would hopefully only gets more popular over time. So there you go – another example of how your experience will help you a lot. And that experience comes with time and patience.

Slavko Desik is a freelance writer and editor at Lifestyle Updated where he takes his passion for living full time and combines it with his knowledge of blogging and internet marketing.

Wanna make money with your website?


Original Post: 5 Things That Make Sure Your Content Pass The Test Of Time

“Tips and Techniques for Selling Training on Your Blog” plus 1 more

“Tips and Techniques for Selling Training on Your Blog” plus 1 more

Link to @ProBlogger

Tips and Techniques for Selling Training on Your Blog

Posted: 29 Jun 2012 01:02 PM PDT

Training and electronic courses are common product offerings for bloggers, and as the range of tools and services available to help us create and market engaging courses has grown, so has the competition in this space.

Jules Clancy talked earlier today about offering classes and training as a blog business model.

Still wondering why you’d choose ecourses over other models? Have a look at 8 Great reasons to add an ecourse to your blog. This post explains the not-so-obvious advantages of this business model.

What does it take to create an online course? Peep Laja explains the basics in Creating Online Courses 101. It’s a great guide for those who are considering dipping their toes into the training waters—but want to know what they’re in for ahead of time.

What about the launch? How to launch a product on your blog (and sell out in 12 hours!) is Danny Iny’s story of the wildly successful launch of his first online course. Also see his post Make money locally—and globally—through your blog—there are more than a few tips in here to help you make the most of your own launch when the time comes.

Finally, Ramit Sethi’s advice on products, focused mainly on the launch of his course, has many tidbits to get you on the road to a great course launch. Even seasoned course sellers would do well to read this one!

Do you sell courses through your blog? What tips or resources can you add to the list?

Originally at: Blog Tips at ProBlogger
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Tips and Techniques for Selling Training on Your Blog

Blog Business Model 5: Sell Training and Courses

Posted: 29 Jun 2012 07:06 AM PDT

This is the fifth post in our series on Blog Business Models.

When you think of online training as a blogging business model, cookery classes may not be the first topic that springs to mind.

The Stone Soup courses

The Stone Soup course homepage

But Jules Clancy of The Stone Soup has created a successful cooking class business around her food blog.

Hi Jules. First up, can you share a bit of your history with us? How did you get into blogging?
My background is in food science. I used design chocolate biscuits for a living—for Australia’s largest biscuit manufacturer.

I love everything to do with food, so it was only natural that after getting addicted to reading food blogs, I took the leap to starting my own.

Your blog supports online training product offerings. Did you develop the blog first, and then adopt that business model, or develop the business first, then build the blog?

It was blog first for me. I had no idea where blogging would lead me, or that it was even possible to use a blog to make money online. It wasn’t until I’d been blogging for a few years that I came across the idea of turning a blog into a business.

And at what point did online cooking classes appear as an ideal product idea? Did you always think that that might be the way to go, or did you need to be convinced of the model’s viability first?

It wasn’t until I saw a class on the A-List Blogging Bootcamps called something like “Create Courses that Sell” that I even had the idea. But as soon as I had that “a-ha” moment, I decided to give it a shot.

Cooking is something that works really well on TV and video, so I figured it would translate well into a class format. (Although if we could get someone to invent ‘scratch and sniff’ video that would be even better!)

Ultimately, it was an organic evolution of my blog—that was just how it happened. There was no grand (or evil!) master plan.

Great. So in what ways does blogging support your training offerings?

Primarily, my blog attracts customers to buy my ebooks and my online cooking classes. It’s a way of developing a relationship with my readers to turn them into buyers.

That being said, my blog also works as an online business card. I have a book coming out next year because of my blog—my publisher discovered Stonesoup and contacted me about doing a book. It also works for speaking gigs, and I’ve done a bit of freelance writing based on contacts from my blogging.

What kinds of challenges do you face in using your blog to build your business?

At the moment, my biggest challenge is moving away from making most of my money when I launch a new cooking class to a more continuous (and sustainable) model. I haven’t figured out how I’m going to do it, but I think building a process with email marketing at the centre will be part of the solution.

I’m also struggling with conversions. For the amount of readers and traffic I get, I don’t think I’m doing a good job of turning them into paying customers.

So what converts best for you: your ebook or your courses? Do you think the blog reading marketplace is saturated with certain format offerings?

In terms of overall revenue, about 50% of my income comes from ebooks and 50% from courses. So even though ebooks are cheaper and convert better, the total income is about the same as the higher priced classes.

In terms of saturation, I think there’s always a market for high-quality products that solve real problems for people, regardless of the offering format.

You mention price. How did you work out how to price your classes?

Pricing is something I’m still experimenting with. At the beginning, I thought about what other classes cost, then considered what I thought I’d be prepared to pay for a course, and took it from there.

What are the key elements that have helped you get to where you are with your blog?

Passion! It’s a bit of a cliche, but in my case it’s totally true. I love cooking, writing about food, and taking photographs of what I cook. I can’t imagine doing anything else and enjoying it as much as I love working on my blog and my business.

Consistency has also been key. I promised myself when I started I would publish at least once every week and I’ve been doing that right from the beginning.

The quest for continuous improvement is also important. I’m not a perfectionist by any standards but I’m always thinking of how I can do things better.

That’s interesting. How do you continuously improve your courses? What’s involved in that process—from a content perspective, but also from product integrity and delivery viewpoints?

I ask my students for feedback. After I run a major class I do a short survey using Survey Monkey to collect testimonials and also get feedback on what worked and what needs improvement.

I’ve also started running a Poll Daddy quiz on my cooking school site so my students actually vote for the topic of the next class. Actually, you’ve just reminded me I’ve been meaning to set up a feedback option on the site using something like uservoice.com so it’s really easy for my students to give feedback, get help, and make suggestions.

Cooking’s a very cluttered niche. What’s unique about the way you’ve developed your offering?

I’m all about simplicity. All my recipes have only five ingredients and deliver big when it comes to flavour and healthiness.

And have you carried that philosophy through to your cooking classes?

Absolutely! Simplicity is really a core philosophy of my life, so even if I wanted to do a “fancy” or “complicated” cooking class, I wouldn’t be able to do it.

Right. So you mentioned Survey Monkey and uservoice, but what other tools or services do you rely on as you develop your business?

I’m using:

  • Aweber for email list management
  • Clickbank for selling products and their affiliate network
  • Visual Website Optimizer for split testing (although I’ve had a few issues recently with them).

What tools do you use specifically in developing and delivering your courses?

At first I had a little flip video camera for making my videos but I’ve since upgraded to a Nikon D7000 for recording video. And I just use  imovie for editing videos. And then in terms of my membership site management, it’s a WordPress blog using the plugin Wishlist Member.

And how did you go about researching and sourcing those tools?

I’m very lazy when it comes to researching things like that, and I’m pretty sure the flip cam and Wishlist Member were what was recommended in the “Create Courses that Sell” class I took.

What advice, tips, and insider secrets would you give to someone who was just starting out with a blog business model based around selling training?

Get your own product out there sooner rather than later. I made the mistake of quitting my job and then not launching my first product for seven months, so there was no income coming in.

That was fine, but I would have been much better off to get something out there and start learning how to market etc. sooner rather than later. It’s definitely one of those things that you can only get really great at if you keep trying different things.

Interesting! So what does the future hold for Stonesoup and your course offering?

Hopefully lots more sales! And I’d like to have things more automated so I can step back a bit and spend more time in my veggie garden and less time in front of a computer screen.

Thanks to Jules for her time and advice. To find out more about Jules’s business, visit The Stone Soup, and check out the article she wrote for ProBlogger.

Originally at: Blog Tips at ProBlogger
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Blog Business Model 5: Sell Training and Courses

Shoemoney - Skills To Pay The Bills

Shoemoney - Skills To Pay The Bills

Link to ShoeMoney Internet Marketing Blog

Baseball.net – Free Shirt Friday

Posted: 28 Jun 2012 11:16 PM PDT

I think you’re all smart enough to guess what this site is about. Baseball.net . If you like to talk smack about baseball or even just keep up with your favorite team or teams this is the site for you! You can even connect with other fellow baseball fanatics!

If you would like to see your website or company featured on Free Shirt Friday click here

 

Trying to increase your Google rank that is like no other?

How To Sell $30,000 Worth of eBooks in 2 Months - DailyBlogTips

How To Sell $30,000 Worth of eBooks in 2 Months - DailyBlogTips


How To Sell $30,000 Worth of eBooks in 2 Months

Posted: 28 Jun 2012 09:39 AM PDT


A couple of weeks ago I came across an interesting case study from a guy who went from zero to $30,000 in sales with his ebook within two months. He didn’t have prior experience in with this type of business either, which makes it even more catchy.

Here’s a quote:

6 months ago, the idea of writing a book was inconceivable. I've never wanted to write a book. I didn't think I had anything to say.

When I started—with research—what would become my next project, I was surprised. Not surprised at myself, that I had discovered some new ambition, but surprised at what people needed and how well I could meet that need. Me, a designer, not a writer.

See, by beginning my project with research rather than an idea, I found an opportunity. It wasn't an opportunity I could have imagined nor one for which I would have intentionally searched. It was an opportunity that already existed out there—on the web, in tweets, on blogs, and appearing in the frustrations of certain people. (The audience I researched was programmers who are bootstrapping software businesses.)

You’ll find exact numbers of how the sales evolved over time, what kind of mistakes he did along the way and so on. Here’s the link to the full article: $30,000 eBook Sales In 2 Months. Make sure to check the comments and the Reddit discussion thread as well, and those contain some useful insights related to the post.

Wanna make money with your website?


Original Post: How To Sell $30,000 Worth of eBooks in 2 Months

“10 Popular Affiliate Programs for Small and Medium-sized Blogs” plus 2 more

“10 Popular Affiliate Programs for Small and Medium-sized Blogs” plus 2 more

Link to @ProBlogger

10 Popular Affiliate Programs for Small and Medium-sized Blogs

Posted: 28 Jun 2012 01:08 PM PDT

This guest post is by Charles Dearing of WhoIsHostingThis.com.

As we’ve already seen today, affiliate marketing is a relatively trouble-free way for bloggers and other website owners to earn money. In fact, these days, even social media sites can become lucrative platforms for affiliate marketing campaigns.

Because affiliate marketing doesn’t require affiliates to offer their own products or services for purchase, but only to place promotions on their sites for other merchants’ products, it frees affiliates from many of the responsibilities and complications of traditional sales models.

Affiliate marketing programs typically work by having the merchant handle all the logistics involved in selling products or services, processing customer orders and payments, and shipping merchandise—all while the affiliate sits back and collects a commission for each agreed-upon action completed by the visitors the affiliate sends to the merchant’s website via an affiliate link. As long as the affiliate has done her homework and chosen a trustworthy affiliate program, she needn’t worry about non-payment.

Affiliate networks administer programs for individual merchants, handling all the work involved, while generally providing tracking and reporting capabilities to their affiliates to help them keep tabs on their revenues and determine which products or services are producing the best returns. These tools can be helpful to an affiliate in fine-tuning the line of products she decides to promote on her site and, ideally, increasing revenues as a result.

However, all affiliate programs are not created equal. Which are the most popular programs available today?

1. LinkShare

Reportedly the largest affiliate network, with over 10 million affiliate partnerships, LinkShare took the number-one spot in the 2012 Blue Book of Top 20 Affiliate Networks for platform strength, support quality, and international capabilities.

LinkShare offers over 2,500 affiliate programs and lets you choose whether to have every aspect of your affiliate channel managed for you or whether you would rather manage your own program using the company’s various service and support options.

2. Commission Junction

Said to be the largest affiliate marketing network in North America (though it operates globally) and claiming the number-two spot in the 2012 Blue Book of Top 20 Affiliate Networks for being “the best at balancing the relationship between the merchants, the network, and the affiliates,” California-based Commission Junction, owned by ValueClick, Inc., offers affiliate, media, and tracking services and provides either a self-management or company-managed option for your affiliate relationships.

In addition to its regular pay-per-action affiliate program, the company also offers a convenient PayPerCall program to help affiliates “ensure they get paid commission for the leads they generate, thus further monetizing existing ad placements and having the opportunity to expand their promotional…online and offline campaigns.”

3. ShareASale

Claiming the number-three spot in the 2012 Blue Book of Top 20 Affiliate Networks for being the “overall best performance marketing network in the world today,” Chicago-based ShareASale has over 2,500 merchant programs and features brands such as HootSuite and PS Print.

ShareASale has received excellent ratings, with the company’s reputation/security, ethics, customer service, and ease of commission payment receiving glowing reviews.

4. Amazon Associates

Placing fourth in the 2012 Blue Book of Top 20 Affiliate Networks, for a reporting system that “far surpasses other big networks,” this is one of the largest and most diverse affiliate programs available.

As most people know, Amazon.com offers such a wide array of products that there’s bound to be something to fit your niche. In fact, they offer over a million products from which you can choose to monetize your website or blog. Amazon Associates is a pay-per-sale affiliate program.

5. Google Affiliate Network

According to the network’s Overview page, “Google Affiliate Network helps advertisers increase online conversions on a performance basis and enables publishers to monetize traffic with affiliate ads.”

Google Affiliate Network is a pay-per-action network that pays commissions to its affiliates for driving conversions (sales or leads). The network requires a Google AdSense account for posting ads to the affiliate’s website or blog and facilitating affiliate payments.

6. ClixGalore

ClixGalore is an Australian PPA (pay-per-action) affiliate network that also has offices in the US, UK, and Japan. The company offers various types of programs, including PPM (pay-per-impression), PPL (pay per lead), PPS (pay-per-sale), and PPC (pay-per-click). Many programs pay in US dollars.

Some well-known brands that use ClixGalore for their affiliate offerings are Bluehost, Time Life, Trend Micro, Citibank, and Fox Sports Shop. While not as widely known as some of the other affiliate networks, ClixGalore is a solid network that offers thousands of potential merchant programs. The network also offers a two-tier network. By referring other affiliates to the network, current affiliates can receive a portion of their earnings.

7. PeerFly.com

PeerFly is a PPA network with its own proprietary software system. The network made the 2012 Blue Book of Top 20 Affiliate Networks, which stated regarding them, “They are courteous, helpful, and point you in the right direction.”

The network also took the number-four spot in the 2012 Blue Book of Top 20 CPA Networks, for its high popularity, great staff, and excellent platform. PeerFly accepts publishers from all over the world and offers thousands of merchant programs.

8. ClickBank

A well-known affiliate network, ClickBank features digital products, such as e-books, software, and membership sites. The program reportedly offers up to 75% commissions on its tens of thousands of products. Commissions are paid weekly, and direct deposit is available to its affiliates.

Over the years, this network has remained popular, though some have questioned a few of its practices. Despite this, the company enjoys an A- rating with the Better Business Bureau.

9. MaxBounty

MaxBounty came in sixth in the 2012 Blue Book of Top 20 CPA Networks, though it didn’t make a showing in the Blue Book’s top 20 affiliate networks. In business since 2004, the network was founded on the philosophy of paying its affiliates more.

MaxBounty pays affiliate commissions weekly, and the company appears to have a good reputation among its affiliates. In fact, the network is popular among many top affiliate marketers and has received numerous positive reviews and writeups and critiques over the past several years.

10. Neverblue.com

Neverblue is a pay-per-action affiliate program that pays its affiliates for lead, download, and sale generation, as well as for new affiliate referrals. While Neverblue didn’t make the 2012 Blue Book of Top 20 Affiliate Networks, it did take the number-one spot in the 2012 Blue Book of Top 20 CPA Networks.

Note: Neverblue’s parent company, Velo Holdings, Inc, filed for Chapter 11 Bankruptcy earlier this year and now plans to sell the network at auction to pay its debts.

Despite this, the affiliate program has stated the following: “This filing will not impact Neverblue's ability to meet client needs in any way—we intend to continue to operate business as usual without interruption. Neverblue's business is fundamentally strong and we intend to make all affiliate payments on schedule, in a timely and reliable manner.”

Its management is just as confident that the sale will not affect Neverblue’s ability to meet its affiliates’ needs in any way. While this company tends to inspire high confidence among affiliates, you’ll have to decide whether to jump in now or wait a while to see how things go after the sale.

What’s your favorite network?

If you’ve been thinking of trying affiliate marketing to monetize your blog, consider testing these ten programs to see whether they fit your niche and audience. If you’ve used any of these programs, we’d love to hear your thoughts on them in the comments.

Guest post contributed by Charles Dearing, for WhoIsHostingThis.com – A review site and webmaster tool that enables you to discover which web hosting company any site is hosted with. They also provide information about all the popular webhosts like Blue-Host.

Originally at: Blog Tips at ProBlogger
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10 Popular Affiliate Programs for Small and Medium-sized Blogs

More Affiliate Marketing Advice, Tips, and Techniques

Posted: 28 Jun 2012 10:01 AM PDT

Affiliate marketing is one of the blogger’s mainstay business models. It’s simple, and as Anshul proved when he shared his story earlier today, it works—but it does take effort and commitment.

The first challenge is to understand how the process works, and for that I can point you to no better resource than the four-part series Brian Clark wrote for us. Still current, and pulling no punches, this primer is a great place to start if you’ve never sold targeted affiliate products before:

  1. The secret of blog products that sell
  2. Why this blog sells tons of ebooks and how it can sell even more
  3. How to sell niche products with your blog
  4. You don’t need a product of your own to have a successful product blog

Once you’ve worked through those, try these more specific posts that deal with individual challenges that affiliate bloggers need to master:

Of course, here on ProBlogger we have an archive dedicated to affiliate marketing, so if you’re after specific advice or solutions, take a look at the posts there.

What other resources can you add to this list to help those who want to improve their affiliate marketing? Share them with us below.

Originally at: Blog Tips at ProBlogger
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More Affiliate Marketing Advice, Tips, and Techniques

Blog Business Models 4: Affiliate Marketing

Posted: 28 Jun 2012 07:00 AM PDT

This guest post is by Anshul Dayal of Nichsense Niche Marketing.

This is the fourth post in our series on Blog Business Models.

Many entrepreneurs who own successful online businesses have followed similar paths through the world of blogging, internet, and affiliate marketing. Perhaps they were working a never-ending grind stuck in a nine-to-five day job they hated until one day they discovered the power of the internet—a medium that has likely made more millionaires than any other in the last ten years.

Anshul Dayal of Nichesense

Anshul Dayal of Nichesense

My journey to the world of blogging and online entrepreneurship is not dissimilar, with one exception. I came from an extremely rewarding, fulfilling, and successful career working on computer-generated visual effects for multi-million-dollar Hollywood productions. That’s probably the definition of a dream job for many people!

So what led me to blogging and the world of internet marketing? The answer is my never-ending desire to conquer new challenges and create something of my own. My initial foray into internet marketing wasn't completely based around blogging. In fact, I first started by building small affiliate and AdSense sites sometime in mid-2011—a process I wrote about in this post for ProBlogger.

Within a matter of months, some of these sites started turning over decent monthly revenues, and that was really the lightbulb moment for me. I’d heard about internet marketers making millions on autopilot using the web, and while I was by no means making millions, I could see real, tangible evidence that by using the right strategy, it was very much possible for me to make a comfortable living online.

I also felt that there was a lot of misinformation surrounding what it really takes to make money online. That's when I decided to launch my own blog, nichesense.com, as a place for me to share the proven strategies I was using on a daily basis, and help budding online entrepreneurs.

Blog or business?

In its infancy, nichesense.com was very much an information-focused blog supporting my affiliate niche marketing business, and sharing my journey to building a successful online business.

There were two reasons for taking this approach:

  1. it allowed time for defining the so called "unique selling proposition" for the blog
  2. it helped me build a loyal online audience and somewhat immunize the blog from unreliable search traffic.

This approach also allowed me to test various monetization strategies I was going to implement as part of my development of a long-term business strategy for nichesense.com.

A different approach to blog monetization

From a current business and monetization perspective, the majority of my blogging business success has come through affiliate promotions of various products and services that I used to build successful niche affiliate sites. This includes WordPress themes, keyword research tools, SEO tools, hosting services, and also various information products.

Effectively, I’ve taken the techniques I developed through my work building successful niche affiliate sites, and repurposed them to suit my blog.

Most of these affiliate promotions are gradually drip-fed to subscribers through a series of follow-up emails as part of the free training they receive when they first sign up to the blog. This approach reduces unsubscribe rates and also helps me achieve better conversions, as many new subscribers are also guided through the process of using the products to achieve real results.

From a broader perspective, the key elements in nichesense.com's growth are still to do with offering practical, hands-on internet marketing training. The primary focus is on providing genuine strategies and techniques, and less on selling the next magic bullet to online success—which is what many of the "make money online" blogs tend to focus on. That’s what makes nichesense.com unique in the internet marketing blogosphere.

My recipe for success

Social media, email marketing, YouTube, and organic SEO have all been key tools for success in my blogging arsenal. However, there is one thing that stands above the rest: outsourcing. I have used virtual assistants for just about every aspect of my online business. This includes using dedicated social media managers to grow Twitter and Facebook follower counts, plus assistants to research content, publish content, conduct SEO tasks, and so on.

Outsourcing has been pivotal in helping me focus on the developing the blog as part of my larger business, rather than simply letting it turn me into a workhorse who researches, writes, publishes, and does just about everything—something that I think can be a real hurdle to growth and success.

Moving forward, some of the biggest challenges for nichesense.com will still focus around continuing to evolve a long-term traffic and monetization strategy. Using affiliate promotions on the blog achieves only a small part of its monetization potential.

Publishing great content is no longer enough for serious bloggers looking to make a mark in the lucrative internet marketing niche. Most successful bloggers in this niche in recent years have used innovative methods of engaging the audience through interviews, podcasts, reviews, and real-life case studies. This is very much the path I intend to take with the blog while still keeping a unique identity through the "hands on"-style content which has made it popular so far.

Creating high-quality information products, attracting guest posts, and presenting expert interviews will also be an integral part of my revenue and growth strategy for nichesense.com in the coming months.

The key

I recommend anyone looking to build a successful business through blogging is to at least write down a vision statement of what what will make you stand out from the crowd. This is especially true if you plan to launch another "make money online" blog. Think differently and don't be afraid to innovate.

Remember, the key to a building successful blog in any niche is more than just good content. If you want to treat it as a business then you ought to be making money from it and in order to make money you need to to envision a strategy to attract “buyer” (or paying customer) traffic very early on.

Anshul Dayal is the author at Nichsense Niche Marketing blog offering cutting edge niche marketing strategies for starting a real, sustainable and profitable online business. You can download his step-by-step guide to launching your own profitable niche website on his blog http://www.nichesense.com

Originally at: Blog Tips at ProBlogger
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