Internet Marketing & Wordpress Blogging

As I promised in my earlier article 10 Ways to Improve Your Business (Part 1), here is the second part of it.

Tip 6: Add a New Stream of Income By Exploring Into A New Niche

Let’s say you are in the IM niche and the Weight Loss niche. You may be leaving money on the table by not getting into another hot niche right now, such as holiday gifts, or a completely new niche that will be a permanent income stream, like Acne or Fitness.

Breaking into a new niche can be easy, or it can be difficult depending on how YOU make it. Getting into the acne niche (just as an example), can be as easy as putting up a site or blog about acne. Write several articles or product reviews about acne and acne products. If you cannot do the research and write articles yourself, you can again, outsource them for as low as $4 an article for good quality articles. You can then place Google Adsense ads on your site as well as affiliate links to products that are of good quality, deliver what they promise, convert well and pay good commissions. 60-75% is the norm nowadays for most eBooks and software that are sold through marketplaces like Clickbank.com.

Once you have a site/blog set up with articles/reviews, Adsense and affiliate links, you are good to go! You can promote your new niche site via PPC, or you can write articles (or have them outsourced again) and submit them to EzineArticles.com or any other major article directory. It’s anywhere from 5-10 hours worth of work to get it going, and it can cost you little to nothing and you will have a new revenue stream that will potentially bring in long term revenue.

So what if you fail? That is what business and being successful is all about, trial and error. Successes and failures, there is no such thing as a perfect world. And most of the time if you pick a good niche follow your goals and stay focused you will succeed.

Tip 7: Find New Prospects For Your Business

You cannot achieve more success, earn more money, or anything of the sort if you don’t seek out the opportunities and then grab them! There is a ton of prospecting for you to do from now and until you retire. Prospecting can come in many forms, you can do it small scale and seek out clients locally and on places like the Warrior Forum, who need services or products that you can offer them. Or, it can be done on a larger scale where you look to land some JV’s (Joint Ventures) or invest in a business, find new niches, etc.

Go out there and see what’s hot — and what people want. It’s very easy to stick with what you already know and are routinely doing on a daily or weekly basis. But, if you take the time to prospect a little bit, and pretend like it is the beginning of your online career again and you are super enthusiastic about all the fresh opportunities and money making ideas that are surrounding you. You will surely find a thing or two that will lead to a long term income and profit stream.

Remember, we’re beefing up your business here, I am not saying to do these types of things all the time. But once every year or couple years is a good time to update, upgrade and take your business to the next level, no matter how small or large your business is. So, start prospecting for new clients.

Tip 8: Use The Power of ‘Double Effect’ In Your Business

So, what is the ‘double effect’ all about? Let me explain it with an example. If you write articles to promote your website and it is working very well for you, what could you do to double that success? Simple. Outsource the exact number of articles that you write, so if you write 5 articles, outsource 5 articles and now you’ll have 10 articles. This will mean that your efforts, as well as your traffic, as well as your PROFITS, will double.

Okay, so even if they don’t double per se, what if they improved by 150%? That would still be MORE profit in your pocket at the end of the day. You don’t even have to outsource or pay money to get double the work done sometimes. You can write the whole 10 yourself instead of just writing 5, or you can have a friend, family member or significant other help write for you as well, provided you give them a little bit of training.

What else could you do in your online business world that could DOUBLE your profits?
Can you come out with two videos instead of just one?
Can you market to 2 niches instead of one?
Can you charge double for one of your products or services instead of possibly selling yourself short?
Can you possibly (with the help of some outsourcing) pull off two launches instead of one this year?
Can you put up a website AND a blog instead of just one or the other?
Could you possibly double your PPC Advertising budget, or raise it by any %?

Any of the above tactics would either double your profits or increase them significantly, so there is no reason to ignore the magical potential of the ‘Double Effect.’

I personally have my friend help me write articles. If I were to write only 5 or 10 a day myself, I would be at a certain level. But since she also writes that many each day, my efforts are doubled, my traffic is doubled, my response is doubled and therefore…my PROFIT is doubled.
Again, it isn’t rocket science, but it works and it is a perspective that you should give a try.

What if you took it even further and made a ‘TRIPLE EFFECT’? That would take a little bit more outsourcing, or tripling the amount of hours you work to accomplish, but triple the income doesn’t sound bad to me. Most people don’t DO that much work online, so doubling their efforts or even tripling their efforts wouldn’t really be that difficult to do. For a more advanced marketer, maybe doubling a few things here and there such as the amount of articles submitted per month or the doubling the price of a product — while adding a bonus to compensate of course.

Tip 9: Get With The Times
A lot of internet marketers stick to what has made them money ‘in the past’ or they follow a business model that worked for somebody else, ‘in the past.’ What matters is right now. If a new product comes out tomorrow that sweeps the nation and everybody MUST have one — your job as a marketer is to go out there and market it! Why would you stay back and market beepers or pagers, when iPad is the latest and greatest?

Getting with the times is an essential part of your business — online or offline — and it will most certainly result in improving your business and your profits increasing. Here are some things you can do to ‘Get With the Times’ as far as your internet business is concerned:

- Be involved in social networks like Facebook and Twitter
- Get into video marketing
- Use Web 2.0 techniques
- Make your site look modern!
- Have video on your site, as well as new looking Web 2.0 graphics
- Sell Products that are popular NOW, in the current time (day, week, month)
- Follow the latest rule changes so you can keep up with effective SEO techniques
(A lot of people use very outdated SEO tactics that don’t work anymore).
- Build a list of opt-in subscribers using a squeeze page
- And anything else that is new, groundbreaking, effective, creative and profitable!

Tip 10: Learn A New Skill

This is one of my favorite tip. By learning a new skill (that there is a demand for), there is no way that you will not only improve your business but also it will increase your profits in the upcoming months and years. Personally, I think that copywriting is the best skill you could possibly learn, or at very least brush up on. If you can write effective sales copy, not only can you make a lot of money by writing the sales letters to promote your own products or affiliate promotions, but you can also charge an arm and a leg for your sales copywriting services.

If copywriting is to time consuming of a venture for you to get into, or you are not interested in it at all, there are many skills you can learn that can make you money right on the Warrior Forum itself, or on other Freelance websites as well as offline — such as:

- Web design
- Article writing
- Graphic design
- SEO Techniques
- LSI Techniques
- Learn some Time Management skills
- .PHP, MySQL, HTML, Java, Flash, Ruby on Rails, or any of these related skills are highly sought after and pay very well
- How to create your own product
- How to land a JV
- And again, anything creative that you can come up with!

Whether you learn the new skill to use solely in your own advertising campaigns or so that you can sell your services — you will profit highly from acquiring one of these skills. If you learn the skill to use for yourself, you will save a ton of money on outsourcing, therefore your profits will have increased. Or, if you learn the skill in order to sell your services you will also (obviously) profit greatly from that route.

For instance, take article writing. If you learn how to do this simple skill, you can profit in at least 3 ways that I can think of off the top of my head:

1. Writing articles for yourself to promote your products/services, etc.
2. Saving money by not having to outsource
3. Selling your article writing services for even more profit

You will leave money on the table again if you don’t learn a new skill this year. How many times do we leave money on the table on a daily basis? Think about it. All these extra nooks and crannies that we can squeeze profits and long term income streams out of can really add up to a lot, and make a significant difference in the success of one’s business.

It is clear that we all can improve our business and increase our profits in one way or another, no matter how successful or unsuccessful we have been in the past. The past is over and done with. What matters is the present, which is what shapes the future. The future is important because it determines where we will be in a year, two years, five and ten years down the road. Will you be happy? Healthy? Wealthy? It’s up to you in a lot of ways.

Taking action is always the most important factor in the end, no matter how great of an idea or plan you have in mind. So that’s all for now. Hope you will apply whatever I have shared in this two posts. Please feel free to leave your comments regarding today’s post. Thank you. May God Bless You All!

To Your Great Success,
Nithiyaah