Insane Health and Wealth Opportunities another Blog brought to you by Poetry Writes & Other Stuff from Sinbad the Sailor Man Change Your Brain Change your Fortunes!
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Somebody Come and Play In the Traffic With Me! Earn as You Learn, Grow as You Go!
Somebody Come and Play in "Traffic" with me. If you would like to "Join" A Growing Biz Op! Here is Your Chance to get in an Earn While You Learn to Do "The Thing" with us all here at Traffic Authority.
Engagement marketing, sometimes called "experiential
marketing," "event marketing," "on-ground marketing," "live marketing,"
or "participation marketing," is a marketing strategy that directly
engages consumers and invites and encourages consumers to participate in the evolution of a brand.
Rather than looking at consumers as passive receivers of messages,
engagement marketers believe that consumers should be actively involved
in the production and co-creation of marketing programs, developing a
relationship with the brand.
Consumer Engagement is when a brand and a consumer connect.
According
to Brad Nierenberg, experiential marketing is the live, one-on-one
interactions that allow consumers to create connections with brands. [1]
Consumers will continue to seek and demand one-on-one, shareable interaction with a brand. [2]
Engagement
Engagement measures the extent to which a consumer has a meaningful
brand experience when exposed to commercial advertising, sponsorship,
television contact, or other experience.
In March 2006 the Advertising Research Foundation defined Engagement as "turning on a prospect to a brand idea enhanced by the surrounding context".[3]
The ARF has also defined the function whereby engagement impacts a brand:
Engagement is complex because a variety of exposure and relationship
factors affect engagement, making simplified rankings misleading.
Typically, engagement with a medium often differs from engagement with
advertising, according to an analysis conducted by the Magazine
Publishers of America.[4]
Related to this notion is the term program engagement, which
is the extent to which consumers recall specific content after exposure
to a program and advertising.
Starting in 2006 U.S. broadcast networks
began guaranteeing specific levels of program engagement to large
corporate advertisers.[5]
Multi-dimensional communication
Keith Ferrazzi wrote in 2009 that we were moving out of the Information Age
and into what he termed the Relationship Age.
"Emotion, empathy, and
cooperation are critical to success," he wrote, "at a time when
technology and human interaction are intersecting in new ways.
Trust and
conversation are crucial in this new economy." [6][7]
Ultimately, engagement marketing attempts to connect more strongly
consumers with brands by "engaging" them in a dialogue and two-way,
cooperative interaction.
Robert Gourley, the creative director of the participation, summed up the idea this way; "People don't talk to brands, they talk to people." [8]
This conversation between consumers and the products and services
they consume is an attempt to take historical one-dimensional
communication to a new level.
For decades, consumers would simply watch a commercial or look at a
print ad that advertisers produced.
One-way communication isn't
considered engagement.
In 2006, researchers from the market research
company Gallup
identified two-dimensional (two-way) communication where consumers
participate, share, and interact with a brand as a creator of the
engagement crucial to business and personal success.[9]
Two-dimensional (2D) communication and engagement is where "both
giver and receiver are listening to each other, interacting, learning
and growing from the process."[10]
Three-dimensional engagement, coined "3DE" in the book "The Relationship Age,"[11][page needed]
has "not only length and width, but depth, where both giver and
receiver connect to a higher power and are changed in the experience.
Not just a conversation, but connection to a purpose that transforms all
in the process." [12][13]
Engagement marketing as philosophy
Greg Ippolito, former creative director of the engagement marketing
agency Annodyne, wrote that the key point of differentiation between
engagement marketing and other forms is that the former "is anchored by a
philosophy, rather than a focus on specific marketing tools." [14]
That philosophy is that audiences should be engaged in the sales process when they want, and by which channels they prefer.
He argues that traditional top-down marketing results, largely, in
the production and communication of white noise.
Whereas engagement
marketing assumes a different approach:
Think of a salesperson who walks up to you in a store. You tell him
thanks, you’re okay, you’re just looking. But he hovers and looms, finds
ways to insert himself into your activity, and is a general annoyance.
That’s what typical marketing feels like: intrusive and disruptive.
Engagement Marketing is the opposite. It’s a salesperson who hangs back
and engages you if/when you need help. Who can sense what you want to
do, and help you arrive at that decision. Who will contact you directly
with exclusive sales information, if — and only if — you request it.
Engagement Marketing, done well, means connecting with audiences who
want to hear from you, in relevant, meaningful, interesting ways. If you
can pull that off, everything changes.[14]
After launching IMA in 2013, Ippolito shifted his focus to momentum
marketing — described as "the next evolution of engagement marketing"[15]
— which shares the same customer-centric philosophy, but places a
greater emphasis on leveraging data to reach target audiences online via
their most well-traveled channels:
[M]odern consumers are hard to pin down; they're constantly in motion
— traversing different spaces, utilizing different media, and as
always, experiencing a range of different thoughts and feelings
throughout any given day ... [The key is to] leverage the existing momentum
of target consumers. By doing so, we can organically guide them where
we want them to go — with minimum waste and maximum efficiency.[16]
Brand experience
The brand and the "brand experience" are directly taken to consumers
through interactive channels of retail, digital and live events.
Rather
than wait for the consumer to find it, the brand takes itself directly
to the consumer with campaigns that resonate on a personal level.
This is closely related to the definition of transparent marketing.
Transparent Marketing is a strategy used to personalize the content
marketed to a customer by engaging them in Web 2.0 social media
technologies such as blogs, live chat and product ratings.
Through these
web based technologies, companies are able to provide true transparency
to their company and products, good or bad.
In addition, they are able
to build trusting and lasting relationships with their customers.
In an interview with Henry Jenkins (DeFlorz Professor of Humanities
and Founder and Director of the Comparative Media Studies Program at
MIT), Alan Moore said...
Engagement Marketing is a very broad term, and purposefully so. At
its heart, is the insight that human beings are highly social animals,
and have an innate need to communicate and interact. Therefore, any
engagement marketing initiative must allow for two-way flows of
information and communication. We believe, people embrace what they
create.
And why is this important? Because in advanced economies the values
of society and the individual change. At the heart of this is the key
issue around identity and belonging. We have always had community.
Pre-industrialization, we were tied to our communities by geography,
tradition, the state and birthright. External forces shaped our
identity. However, in a post-modern world we can have many selves, as we
undertake a quest for self identity.
This is described as Psychological Self-Determination the ability to
exert control over the most important aspects of one's life, especially
personal identity, which has become the source of meaning and purpose in
a life no longer dictated by geography or tradition.[17]
The Community Generation, shun traditional organizations in favor of
unmediated relationship to the things they care about. The Community
Generation, seek and expect direct participation and influence. They
possess the skills to lead, confer and discuss. These people are not
watching television and have grown up in a world of search and two-way
flows of communication.
Going further Engagement Marketing is premised upon: transparency -
interactivity - immediacy - facilitation - engagement - co-creation -
collaboration - experience and trust, these words define the migration
from mass media to social media.
The explosion of: Myspace, YouTube, Second Life
and other MMORPG's, Citizen Journalism, Wicki's and Swicki's, TV
formats like Pop Idol, or Jamies School Dinners, Blogs, social search,
The Guinness Visitor Centre in Dublin or the Eden project in Cornwall
UK, mobile games like Superstable or Twins, or, new business platforms
like Spreadshirt.com all demonstrate a new socio-economic model, where
engagement sits at the epicentre.[18]
From Alan Moore's second interview with Henry Jenkins:[19]
Last Friday, I introduced my readers to Alan Moore — not the comic
book creator but the brand guru — a cutting edge thinker about the ways
that grassroots communities are reshaping the branding process. Moore,
with Tomi T Ahonen, wrote a book called Communities Dominate Brands. The
book spells out their vision for where media is headed — towards what
Moore described last time as a "connected society"— and what it means
for the branding process. Here, Moore gets deeper into some of the
issues which will be of particular interest to regular readers of this
blog — the economic value of fans to advertisers and media producers,
the issue of compensating for user-generated content, the case of Pop
Idol as a global media franchise, and the concept of transmedia
planning.
Early examples of successful engagement marketing campaigns
PROMO magazine has credited Gary M. Reynolds, founder of GMR Marketing
of New Berlin, Wisconsin, with being the pioneer in the practice of
engagement marketing.
It has cited Reynolds' formation of the Miller
Band Network in 1979 as the seminal engagement marketing moment.[20]
In Japan, Tohato
launched two new snacks brands, "Tyrant Habanero Burning Hell Hot" and
"Satan Jorquia Bazooka Deadly Hot" in 2007 in an award-winning campaign
which broke new ground in engagement marketing by combining multiplayer
online gaming with advertising, on a mobile phone.
Customers were
encouraged to join nightly battles in a virtual game, on behalf of
either snack brand, to determine the winner of the "World's Worst War".
The games ran at 4 AM. The campaign was designed by Japanese ad agency
Hakuhodo and won the Yellow Pencil award at the annual D&AD
advertising awards ceremony where mobile ads were recognized for the
first time in May 2008.
Another example of engagement marketing is seen in the marketing strategy of Jones Soda.
At the company's website, regular customers are allowed to send in
photos that will then be printed on bottles of the soda.
These photos
can be put on a small order of custom-made soda, or, if the photos are
interesting enough, they can be put into production and used as labels
for a whole production run.[21]
This strategy is effective at getting customers to co-create the product, and engaging customers with the brand.
Another good example of engagement marketing is seen in the unique
marketing strategy of Jaihind Collection Pune for their paraplegic
fashion Show.[22]
This strategy is effective at getting customers to co-create the product, and engaging customers with the brand.
Mobile marketing tours: often, brands will utilize custom-branded
RV's, Buses, and Motor Coaches to draw attention to their offering,
serving as mobile billboards as well as mobile centers to create brand
experiences on-site in retail parking lots or at larger events.
Marketing through amenities: companies promote their brands through
interactive marketing via amenities such as charging stations.
IOT Device connected to social platforms that display the numbers of fans and personalised messages to the off line customers.
So all of this or very little of this has anything to do with you. "The Affiliate Wanna Be" and Your Foundation.
I have said it once or twice before we have to work on ourselves as we set out to become a Marketer. We need to stop chasing Unicorns or Butterflies or Mermaids. These are but distractions sent by the destroyer. The one keeping us from our true goal our "Why" "the Big Dream" the desire of our hearts.
An Affiliate's Foundation begins and ends with Focus your ability to pay attention to the little details and this is no easy task. The Ability to or the Lack there of. This is Key without It you'd be chasing Butterflies and Distasteful Lies ["Shinny Objects" or "The Next Best Thing']
#1. You Need a Market or Niche to Sell From and To.
You need to know exactly what it is that your going to promote. Be it Systems, Software, Tools, Services, Digital products, Hard Product or physical products. And these need to belong to this Market Niche.
Remember you are new! You Need to Focus on ONE thing at a Time! One Step at a Time! The Abc's and The 123's
I am suggesting you start with Digital products unless you have your own Products already.
Okay now lets take these Ideas and throw them in a pot and simmer them down to one two at the very most. Pick one and keep the other as a backup or plan B choose only one of these two things that you would like to promote.
While that is stewing in your kettle. You'll need set up the Accounts that you will need to do the Thing; that you are wishing to do.
Your Foundation is easily set-up and is rather simple. Its a short lists of tools and accounts.
1. A Domain Name Preferably "Your Name" or as close as you can get to it or an Alis if you wish to remain anonymous. Or Even your Company's Name or even a Brand Name or its Identifier.
donaldberesjr.com This is My Name and right now the only thing it is tied to is My first Free report. But you can tie whatever or how many whatever s you want to It.
Now these are all Individual website Domains that I personally got a while Back 2010-2012. You do not need more then one!
I repeat you Do Not Need any more then the One. To be an Affiliate Marketer.
I am doing something much bigger then being An affiliate alone.
An example of an Identifier is an abbreviation or an Image Logo like Nike's little Angel wing check mark :
PW&OSfStSM ==> Identifier:
My Image Identifier is the Anchor hooked to the Cross. You can see it in many of my writes accompanied by a picture of my ugly mug.
The web addresses are branded as well. Their all tied to the Sinbadthesailorman Dot ____ ==> Brand Title:
Poetry Writes & Other Stuff from Sinbad the Sailor Man <== Brand's Title
and
Poetry Writes & Stuff from Sinbad the Sailor Man
#2. You Need a Way to Collect and disperse Monies: I suggest you start out with Paypal.com.
You have two options now. Business or Personal I'll leave that up to you to decide which you wish to use. Click the link sign up! It is simple an easy to follow instructions. Get it Done! Its Free!
#3. You Need an Affiliate Broker: I suggest ClickBank for all beginners!
click the highlight link and get signed up its Free!
These both come with 30 day Free trials and they are both excellent software programs. I am cutting Back As I use them both and It is to confusing for me right now.
So I will be choosing only one Until I get my lists built to the next monthly pay rate. Then I will turn the other back on to split my affiliate offers and my Lists campaigns.
Source: Wikipedia.org
Somebody Come and Play In the Traffic With Me! Earn as You Learn, Grow as You Go!
Somebody Come and Play in "Traffic" with me. If you would like to "Join" A Growing Biz Op! Here is Your Chance to get in an Earn While You Learn to Do "The Thing" with us all here at Traffic Authority.
Your Niche Website Which will Become Your Home Base!
I realized early on that even a brilliant SEO campaign, can not save a website that is selling an UNwanted product. That's why I've started to do Keyword Research and then use these Keywords as tags. It is one of the greatest skills I have at this moment. Keyword Research is the art of discovering what keywords people “with buying on their minds” what it is that they are looking into, the search engines for and then finding out what it is, that they are finding.
It's very easy to become disheartened when you first set up a Dream Site or a Niche Website. Especially with the aim of earning some Massive income instead of Passive income. Passive income is money you get without any extra work. Massive income requires tons of extra go out of your way kind of work that big businesses do.
To make money with internet marketing you have to understand that everything you do is a niche. If you like a specific sport and have a favorite, but a specific team.
Then that team is your niche, If it is about you and how and why you do like them. If you like ice cream like I do and cookies and cream. This is not your niche! It is Ben and Jerry's unless you have Brass Balls or your own Ice-cream factory and wish to dive into a highly competitive Niche. And with a highly competitive Conglomerate.
The one thing you that you like the best, then that too is a niche. Anything that will or can lead to another and then another from this starting point. Is now yours as long as it is about How you are doing the thing you do. That makes this the reason so.
Niche marketing is about picking that one piece of a topic and devoting all that you know to that specific subject. You will find that when you focus on a niche market you will have a much stronger following than you would with such a broad topic.
It is a lot more difficult to make money with internet marketing than other people would want you to believe. It is in the best interest of the so called gurus to let you believe that making money by using a niche marketing model. With your own website is not as easy as making an apple pie or any pie.
And hey! If you never made a pie before, it could be a damn near impossible task. But once you toss a frozen pastry into a pie pan, open a can of your favorite filling, and place the rest of that frozen pastry shell on top of the other and then bake it. You have an industry standard Pie! But then you later learn how with little hints and tips from others that make that pie something special.
The hard truth is that turning a profit from a website is really, really difficult, especially one that is aiming high or too high for their first try. Even wildly successful internet endeavors took years and years before they started to show any profits. Running a niche business requires some money. I don't care how you slice it or which flavor of ice-cream you top it with. There are always business expenses.
This hinders a lot of Internet Marketers (newbies). There are: hosting charges, domain names, auto-responders, fees, and much more. But these don't all hit the fence at the same time. So don't get scared by not knowing. Think of all the things you do today, that when you were a kid you were terrorized of trying. And now enjoy still today. Like swimming, riding a bike, or a horse, skateboarding, hang gliding, SCUBA Diving, Learning to drive. Whatever you once feared and after learning. Still till today think it was silly, that you ever feared it in the first place.
You might well, only make a few Dollars or even British Pounds, or some of the new European Euro’s or some other country's monetary device, and still after weeks, months or several months of work or just a few days. From when you begun; start these wheels to turning. Just to get your passive income streams up-and-running. Will take you some time. Most passive income projects fail to make even a small registered amount of an income. In these first months and up to the second year in most cases.
But in these troubled times you have to make a decision. Not to or to have more than just a job. You must have multiple streams of income in order to ensure that if, or when you do lose your job. Then you will still have a source of income to meet all your family's needs. This is why the rich continue to stay rich. They have made this decision of multiple income streams.
But don't be disheartened if you make only small amounts of cash at first. This is how it is done to enlarge your footprints and then your traffic flows and then getting the proper type of traffic that flows around and through your new system. Also the windows that are in place. The ones that you are looking out of and those that let people look in.
Passive income is the stuff of dreams, so it's no surprise it's hard to get hold of or keep a hold of people by nature are lazy unless they train themselves or some other has trained them not to be.
Anyone that tells you you can be rich without investing a penny is simply lying to you. After all it is a business and there are business expenses that must be paid! But what if you had an easy way to cover those expenses, while you were building your niche market business?
Even a little bit of passive income is worth a lot of money in the long run. Before I explain why, let's remember how lousy it feels to be paid loose change for your efforts. The little check's that can crush your hopes and dreams, but remember everything starts with a humble beginning. Everything needs to be seeded and everything needs to be watered and fed. After all of this Time must take place a little or a lot depends on the final decision of what it is and what it shall become.
That's why I've realized that Keyword Research is the greatest skill I currently posses. Keyword Research is the art of discovering what keywords people with the buying intent or who are intent on buying are entering into the search engines and what they are then finding. Which niches that have relatively low competition to their queries.
In the ideal situation you will discover an under-exploited niche, with few competitive websites and even those that exist and are are poorly optimized (this is where your SEO skills come in). So I'm not going back to the school of Hard Knocks all over again, but this time it's my knowledge of my Keyword Researching School.
It is a Keyword Research query which will ultimately stop you from building a defective website which are the equivalent of opening an Ice Factory in Alaska or selling frozen steaks in India. Not doing any Keyword Research is like not looking both ways before you cross the street.
I've promised myself that this year I have to breakout a bit more this will be the start of year two beginning in July of 2011. I don't have to make it big, I don't have to justify all the time I spend on my websites, Blogs and at my Pay Per Click Publishers. But I do have to say to myself it will be worth the effort to me some how. If not a Monetarily one it will be a learning experience and for those of us who can do we do, but for those of us who can't we will teach Or consult, or inspire others who can, to also do.
I am hoping to be one of the rare Guys who did and does and still teaches, but only time will tell. As time goes on, the value of having multiple income streams becomes more and more apparent to me. The more income streams you have, the less trouble your life will have if one of those income streams goes defunct or experiences a downturn as many income streams today have already.
Thus, I've been thinking a great deal about developing more income streams for myself both on and off the World Wide Web. When I mention Pay Per Click Publishers to most people, they get a blank look upon their faces. The Words don't seem to register in their minds. As a income stream for them.
And all I ever hear from them is yeah, I've tried them, and I only made twenty cents. Well how long did you try? I would ask them. A couple of weeks a month maybe. Hey I would say to them, that This was a good return on that amount of time, that you put in. How much time did you put they'd ask me. I don't know, I'd tell them I am still doing it and never gave it a thought because the task is not yet completed.
Many of us have read articles online or heard stories from friends about how writing E-books, creating websites, buying domain names and/or any other of the many thousand of routes to passive income. Is the way to instant riches. This idea that passive income will make you rich instantly is completely wrong and also half right.
Only a very select few and the very lucky, Author, Web-master or an Inventor. Will make the Big Time over night. These so called thousands that do and do it overnight are flukes. And by the time that this ever dawns on, an eager beaver or the new dreamer, or entrepreneur, he or she will have often already thrown in the towel. Some will do this even before that first dispiriting $0.22 in passive income is earned.
I've already been through this with my Blogs sites. I have only three or so followers and only at one of my three Blogs. Which I thought looked good and easy enough to follow along with, but as I have been writing them I never promoted them. In turn this is not such a damning thing just yet, as there is a good bit of content at them now. For new followers to go through and over when they finally do arrive.
It might turn out to be a truly terrible way to make money. Just my Blogging, but I don't think so! And if so that is OK. For I designed them to push traffic around and through my other sites or spokes of my Traffic Wheel and not to earn the bulk of my income.
Blogging shouldn't even properly be called passive income. Because it is work, but as I have said I wasn't looking to make riches from Blogging alone. You will need to continue writing to keep your audience entertained. Luckily I Blog about Passive income streams and Poetry. And how to self publishing into these Passive income streams or into companies. Like my Pay Per Click Publishers.
Because I love writing poetry and talking about how to use it, to earn some passive income. It, is not because I always love making the money! If you want to discover how to get rid of all the clutter and BS. That you hear from internet marketers and Gurus and just start making passive income. Then I can not think of a better person to show you step-by-step how to do precisely that. Come, Watch, and Play along with Donnie/ Sinbad the Sailor Man As he is doing just this and doing it it with very little invested except his time. But isn't Time Money ?
Yes Time is Money! Passive income streams are one way streams, once you've done the initial investment whether it is time or an investment of money. There is little more to do, not much upkeep is needed or any further investment. Which is required daily or weekly maybe even monthly, with other streams. But to maintain these income streams you only need maintain it from time to time when they slow down or stop working all together.
Trying to Take Over the World Wide Web!
Sorry I love these Guys! They are My Hero's
As this is a rather long write a little comic relief here!
So, Let’s Back Up Here a Minute an Income Stream Just Refers to What?
So, let’s back up. An income stream just refers to any source of regular financial income in your life. Your job is one. Your pension is another. Rent from an apartment building or Home that you own is yet another, your Social Security hopefully it will remain another, royalties from all your creations will eventually become one.
Cash in contrast is the ultimate liquid asset, If Cash is King your Content is its Queen. Give me cash over web projects, any day of the week!
Most passive income streams require some sort of significant investment up front! That's right a significant amount! Generally, that investment breaks down into two distinct groups---an investment of money or an investment of time. I'm going to stick with discussing the types of passive income streams that I'm interested in developing.
When you self-publish, with Pay Per Click Publishers you tend to retain a much greater percentage of the proceeds for yourself, but your distribution tends to become more of a problem, as it's hard to get or drive Traffic to these works. So what is the better choice for the average newbie? If you have been following this my Website PW&OSfStSM for any length of time, then you will already know what these answers are.
Time
Energy
Desire
These will eventually equate into the Money that you are seeking. For it takes Money to Make More Money. So what is your time worth? Right now mine is worth squat. Do you really think I believe that? Ask yourselves what would I be doing if I weren't doing this?
TIP: If you haven't already figured out what your time is worth, I highly recommend you set a little time aside to do that Today! The point is the most valuable asset you own is your time. Yet so many people waste it as if they had an unlimited supply!
Which brings me to the biggest Myth, Lie , or Falsehood on the Internet today.
FREE Traffic! Think about it for a moment. How much time (not to mention energy!) would you sacrifice to promote your business, website, Blog, forum, Myspace, Twitter, or Facebook Accounts? And why do so If they are not monetize?
What are you willing to do gain satisfied visitors who will be a repeat visitors? Again and again and again. Returning whenever they need some new information, that is related to your niche or market. Do you not want them to come to you?
Websites ideas that make money. Pattern themselves as Dream Sites or Niche Websites. They want you to trust in them and look to them when you need something in their fields. This can be very difficult to do if you start a website off with such a broad category or to many categories. The chances of your website being found would be nearly impossible unless you have some very deep pockets to spend on advertising it. Because these Search Engines are Targeted finders and seekers. Niche seekers!
If you create the right kind of niche website or something unheard of or shocking, you could get instant traffic from people within that niche. Look at all the Youtubers that have gone viral these last few years. How and why did they get lots of free viral traffic?
It was because no one else was doing something like this at that precise time. People were eager to learn more about this new fad, video, gossip, and whatever else it was. Now of course these fade over time, but yet they are hit over and over or viewed in the tens of millions of times, as they do fade away. Do you have what is takes to create a niche website that could have this effect? But why? Instead plan to make it last.
Having a niche website can help you with this. There is no need to quit your day job or night job. Your niche business website can be up and running within 24 hours. And then running 24 hours a day 7 days a week 365 days a year.
And you can then work on it as much or as little as you want. That is the beauty of having a niche website. So how do you get started with niche marketing and build a second or even third income for yourself?
What is the "REAL" cost of "free" traffic, when you consider the time you spend on:
Article creating and submitting.
Social Network Marketing.
Blogging.
Building Back-links
SEO (Search Engine Optimization).
Making and uploading videos.
Everything else not mentioned here.
A Static Website, is Another Approach to Simplify and Develop Traffic
Create a website that provides information on a specific topic, and then add some sort of revenue-generating mechanism to it – affiliate links to Amazon, a portal to buy a product of some kind, direct advertisements, or something else. Once that's in place, spend some time developing links to it so that Google can find it. After that, then Invest some of your Money.
On the other hand, one can simply invest money with the purpose of generating a passive income stream. This of course, requires a large chunk of money up front and an expectation that each year will only return a small portion of that initial investment back into the venture. Usually, though, some significant portion of that initial investment can be recouped through selling the investment or waiting for it to fully mature.
What approaches am I considering? Well I'm still investigating several of these approaches, but I can say that I am moving in a direction where more passive income streams will be added it is now a part of my life. As I actually begin to make more and more moves into seeking out these new passive income streams.
The definition of traditional passive income is "Income generated with minimal work from your investments such as; interest, dividends, or real estate rentals." However in this article we are discussing creating a passive income online.
A totally different kind of beast. Your Investment of time and money is initially required to build a passive income online, then possibly and hopefully a minimal amount of work thereafter.
But always remember there is much work to be done before you need to invest your money. But you will want to secure your Keywords within your domain name and make sure you hold on to them as there are scalpers and head hunters out there trying to grab these up! After you spent all the time building them up, so secure your domain names that contain your Keywords.
What are the benefits of generating a passive income? You make a one time true and hard initial effort to get your income started, then do minimal work (or virtually none) thereafter, resulting in earning more and doing less. Which lets you choose when and where you have your free-time and where and when you wish to work.
Having a Niche Website means to others; that you are an authority on this subject. When people type in queries looking for something specific and they find you over and over again. They start coming to you first and foremost from there on, and to find the answers that they seek.
If your niche website has the information that they were looking for. They then will be glad that they found you and will look to you again the next time that they have an issue. Why is it important that you be able to answer their questions? It is what your niche is about! If your niche is marketed correctly? Because each of us faces many tiny decisions every single day that have big implications on the long-term outcomes of our financial lives.
And if we haven't armed ourselves with the right education or have developed the right habits as to make the right decisions automatically. Then we will almost certainly make the wrong decisions. And over the lifetime of your site, you and It will wind up in a place that you don't want to be. Do the best you can make no promises unless you know you can keep them. This is people's hopes and dreams you are inspiring. Help them, to make them come true! There is no greater reward than this.
Residual Income is not Dependent On a 9-5 Work Week !
Your passive residual income is not dependent on a 9-5 work week and can be generated 24 hours, 7 days a week 365 days a year. It can enable you to give yourself a pay raise whenever you want by creating more multiple income streams.
It can create for you an unlimited amount of income - you are only limited by your ability to see what is happening around you. You must be able to pick up on the small details. This skill it is what will give you more free time to spend time with your family, friends or go on vacation.
It can give you the ability to give to charitable causes. Create more residual income stream as passive streams and do so for your future retirement.
Affiliate Programs - passive income is derived from setting up a website that Pre-sells your viewers on your recommendations. So use them and make them wisely or don't make any at all.
The parent companies you choose to become affiliated with or use. They should provide the products, tracks the sales and gives you a commission for each sale. Find companies
that offer large commissions, and who do track clients for multiple sales options. Over a long period of time (ie lifetime) so you can get recurring commissions. Make sure they offer multiple tiers (at least 2) for sales. ie you still get paid if one of your referred affiliates makes a sale, someone in your down line.
Third Party Advertising, no more commissions, you receive a flat rate if you have a website that, attracts 1000s of visitors a day from the search engines, you can offer to place a banner or link on your site for a fee that you collect each month. You set it up once, then collect the passive residual income.
Newsletters,or ezines - offer advertising space in your Ezine. The greater number of subscribers you have the more, you can charge every time you publish. I don't currently have the time to operate a newsletter or do I have an E-mail list big enough to try just yet always remember the A,B,C's and the 1,2,3's
Google Adsense by placing Google Ads on your web site. When someone clicks on the ad, you get a commission for every click. If you have 100 or 500 pages on your site, you can earn a substantial monthly income.
Create a membership site - if you are an expert in your field and can provide the resources, knowledge and support, you can charge a monthly fee to gain access to your membership site. The more members you gain, the more money you can make. Because you are an expert in your field, you can also recommend other products and services to your members, from which you earn commissions.
Become a Consultant or a Re-seller - by reselling other people's services or your own you can earn ongoing residual income.
Building multiple passive income streams is a great way to secure yourself for the future. You never know if you will be laid off from your regular job, get too ill to work, experience a disaster or want to start saving for your retirement.
How much is a good niche market education worth to you? Do you know how to develop your niche ideas? How much education did you get before you created you first niche business online?
Why is it important that you be able to answer questions like these about niche markets correctly? Because each of us faces many tiny decisions every single day that have big implications on the long-term of our financial lives.
And if we haven't armed ourselves with education and then developed the right habits so we make the right decisions automatically then we will almost certainly make the wrong decisions. And over our lifetimes, we'll wind up in a place that we don't want to be.
I encourage you to seek out passive income streams and residual incomes these are Not Myths, but are indeed factual entities. They do exists and they work If you, but only put the time into them. To get them rolling along and then keep them rolling along.
Thank you for your time and any comments are welcome.
And Most of all Do Not Forget to place your SEO Devices and Website links in your Ezines or articles and writes Like I do all the Time! http://www.sinbadthesailorman.net
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