How to Release your Money Making Ideas

Why Start a Business On The Internet ?
Every day more and more people are looking for ways to make money / start a business or supplement their present income.

Many people desire to start their own business but just don’t have the money it takes to start a brick and mortar business. The Internet offers anyone the opportunity to start a low cost highly profitable business online, starting on only a shoestring budget !

During the last 20 years, large numbers of people have chosen to market their skills and talents from home. Recent studies estimate that as many as 20 percent of new small business enterprises are operated out of the home, and this trend is growing.

Opportunity is knocking, ordinary people are making extraordinary money online and becoming millionaires almost overnight. There has never been a better time to start an online business then right now!

Start on a shoestring budget and earn money beyond your wildest dreams I did and so can you! It is time to step out of your comfort zone, and begin to think like a millionaire!

Even if you are an ordinary Joe with Macy’s taste and only K-mart money in your pocket, you can start and succeed in an Internet business.

Do away with the mentality that says you don’t have enough knowledge or money to start a business on the Internet. If you really want to make money online, there is nothing stopping you , the Internet offers unlimited money making possibilities!

The key to a successful Internet business is finding your niche! The Internet is saturated with great ideas to be successful you have to come up with a unique idea or a better solution to an idea already available online!

Passion & Knowledge:

Finding your Money Making Niche idea should be hypothetically speaking like finding the love of your life, you want to spend time with it , from time it enters your mind without warning, and into most of your conversations and sometimes seems to be the total sum of what you live for, and even takes on the appearance of an addiction! An undeniable passion!

There are two important ingredients that goes into finding your money making niche idea, it should be something you are passionate about and something you are knowledgeable about!

Put on your thinking cap as you meditate on your talents, skills and passions. Now, as you continue on this journey to find your money making idea, it is time for you to match your talents, skills and passions with what Internet surfers want.

An old saying is you have to give the people what they want, “what they want” being the key word here.

Internet Surfers To Do List:

Research has proven that high on Internet surfers list is Social Networking. Just look at Facebook , twitter and myspace, they all hold high places on the Internet surfers to do list, Facebook being #1 on the charts. Once people got a hold of Facebook it took off like a bat out of HE- double hockey sticks.

Before Facebook the Internet hot spot was myspace, what this tells us is people love to socialize online. Lets not forget about gossip, universally gossip has always been a crowd pleaser. People love keeping up to date with what is going on in other folks lives, especially their favorite celebrities .

Remember when Charlie Sheen was going through something and when Prince Charles got married? They were the hottest topics on the Internet. The News and up to date happenings is another crowd pleaser, twitter has been known to light up like a Christmas tree with people exchanging tweets about what is affecting people right now in various areas of the world.

Youtube is like having your own TV program and it has brought everyone out of the closet from mom and pop to aunt Sally, all in search of stardom.. This gives you a small idea of some of the things which turn Internet surfers on.

Finding Your Money Making Idea:

Now as you begin to search for your money making niche idea you will have to do your research. Your job is to figure out how to use what you are passionate about and knowledgeable about to come up with a money making idea that will coincide with what turns on the bells and whistles of Internet surfers.

To generate a good business idea you have to ask yourself, what is it I am good at? Ideas are all around you , what are you passionate about and what problems or issues do you see around you that you have a solution for ? Take a moment and think , how can you turn your talents or your solutions to the world problems into a money making business idea? Begin by writing down all the things you are passionate about and knowledgeable about.

My Story:

When my husband and I first started selling on the Internet, I looked at the fact that my husband was good at woodworking and had a passion for it. My creative juices begin to go into over drive as I thought about his skills and my knowledge of the Internet.

I did a search of the Internet to see what type of wood products people were selling online, at that time wooden boxes was a popular product and the purchase price was pretty high. A new business idea was birthed. I thought about all the crafters in need of wooden products that could benefit from the lower cost that we could provide.

Since we were working out of our home and our overhead expenses was very low, I figured we could offer good pricing on our products. I came up with items no one else was selling, our very own unique designs of unfinished wooden products. To make a long story short we started out on the Internet selling unfinished wooden boxes and other unfinished wooden products and the business did quite well and it took off quickly.

One of our wooden boxes was featured on the Martha Steward show and later down the road on Extreme Home Makeover ! I have always favored selling products online because it has been proven to be a good way to make money online, after all the whole world is your marketplace!

Why Create A Niche Blog?

blogging-15968__180Having a great idea for a blogging site is no longer enough, because there are so many blogs and web sites on the internet, it can be tough to distinguish your blogging web site from all of the others.

In the long run, a great idea just isn’t enough to propel your blogging web site to success. Every great blogging web site starts with a great idea, and you can’t build a successful site that will last  without one. If you can fill a unique need in a way that no other web site does, you’ll be able to build a lasting readership among web surfers.

There are many great  blogging sites.  and competition for the attention of  this growing demographic is fierce. Whether you are starting up a new blogging site or  looking to make your existing blogging site more distinctive, the key to building and  maintaining a site that will capture the interest and attention of the blogging community is finding your niche.

What is A Niche Blog  ?

A Niche Website or blog is a site that focuses on specific information .  An often used technique is to create an Internet-based niche segments of larger markets. For example a website about handmade handbags is a niche segment of the crafting or the sewing Industry. Niche websites can be developed and promoted quickly to uniquely serve a targeted customer base.

The Niche Blog:

The Niche based Site you create, should stand out from the crowd:

1. It  should be something you have extensive knowledge on and are passionate about.

2.  You will need to offer something that no other site is currently offering, or you will need to do the same thing that an already popular site does but in a more impressive or valuable way.

One way to discover an ideal model for your blogging web site is to look at the sites that have successfully captured a blogging audience already,  to determine if you can appropriate some of their strategies to help realize your vision. Of course, you will also need to add a unique flair to your project in order to stand apart from your competition.  

Many people agree that the web sites that do the best in today’s market are the sites that have the most personality. The fiercely individual surfers who are bloggers are a demographic that responds especially strongly to personality, so consider how you can give your site a unique and attractive feeling by lending your own voice and sensibility to your site’s design and content.

 

How to Discover if Your Niche Market Idea has the Potential to be Profitable

We will begin by looking at the life of Ms. Mary Flower-head (not a real person) . Ms. Mary Flower-head is an ordinary person, just like you and I. She is a teacher by day and a hobbyist by night.

She wants to start a business on the Internet which will produce money beyond her wildest dreams. Her hobby is making “handmade dolls” which she is passionate about.

One day an idea struck her so powerfully it almost blew her brains out. She could make and sell handmade dolls on the Internet, she thought! Ms Mary Flower-head is actually targeting a niche market.

The Internet is filled with millions of websites and almost any business idea you could think of. Some Internet business types are so common that the market is saturated and the competition is plentiful .
Targeting a niche market is an ideal way to build a profitable business on the Internet, which requires less overall investment. Million dollar niche market ideas will be the ones with little to no competition.

What is a Niche Market?
A niche market is the subset of the market on which a specific product is focused. The market niche defines as the product features aimed at satisfying specific market needs.

For example: There are all types of dolls and materials and methods used to make them “handmade dolls” is a small segment or niche of the doll industry. Instead of focusing on the doll industry as a whole you would build a profitable business on a small part of that industry .

It does not matter if you already have a business idea or are looking to generate new ideas, Internet marketing research will give you the leading edge over the competition on the Internet.

What is Google Trends?
Google trends is a free tool which can be used for Internet marketing research. Google Trends is a public web facility of Google Inc., based on Google Search, that shows how often a particular search-term is entered relative to the total search-volume across various regions of the world, and in various languages.
I think we all can agree that one of the biggest advantages in business is knowing what people want. Surveys are based around the idea of gathering information which would lead to the discovery of what people like and want. Simply put Google Trends- is a window into what people are searching for on the Internet using the Google search engine. It allows you to tap into Google’s database of searches.

Google Trends

To begin using Google Trends visit https://trends.google.com and enter into the search bar your desired niche business idea.

Using the example of Ms. Mary-Flower-head I will enter handmade dolls. If there is enough interest in the search term handmade Dolls Google Trends generates a report.

The report answers the following questions based on the search term entered:

1. Is their any interest in Handmade Dolls?

2. When is the interest highest ?

4. Which regional areas has the largest amount of Internet users searching for handmade dolls?.

5. Under the related queries section there was not enough data to produce a report.

6. The Related topics Section, gives you an upfront advantage of knowing what related topics people are searching for. In the example below I see Internet users are also searching for sewing and sewing patterns based on my search term handmade dolls.


Knowing what people are interested in, can trigger solid business ideas.


Is it a Profitable Business Idea?

Lets say you have an Internet business idea that Internet users are searching for, the next step is to research the competition. Internet competition is a key factor in determining if an Internet Business idea has the potential to be profitable.

We will turn to Google.com for the answer . Google.com is considered the top search engine used by millions to search the Internet.

Armed with all the information gathered on possible niche business ideas, enter your search term into the search engine. In my example I will enter Handmade dolls.


Keep in mind a potentially profitable business idea will be the niche market idea that people are searching for, based on your research, that has little or no competition on the Internet. Continue this method with the niche business idea you are knowledgeable about and passionate about. Try experimenting with various search terms related to your niche idea. The lower the competition for your business idea the greater the success rate!

How to Make Money With A Blog

The Internet is filled with ways to make money with a blog, none the less the idea is the same to make you and the affiliate money. A popular way bloggers make money with a blog  is with..  Affiliate marketing , Affiliate marketing is a partnership between you and a business owner with a product or service to sell! You do not have to stock any products or actually sell anything in the traditional sense.

A affiliate pays you a commission for sending traffic:  potential customers to their website.  You as the Affiliate Marketer earns a commission, how much depends on your contract agreement with the Affiliate.

For Example: Say, you sign up as a affiliate with a product retailer such as Wal-Mart , you would place their banner ads or links on your website or blog and when a visitor to your site clicks on Wal-marts ad’s and enters Wal-marts website and makes a purchase, you would earn a commission.

How much you would earn depends on the affiliates contract agreement . In some cases even if the visitor from your site did not make a purchase the same day of the visit, you could still earn a commission if they went back 30 days later and made a purchase.

Affiliate Marketing and the Niche Blog

The niche based blog you create, should be something you have extensive knowledge on, and / or  passionate about. The fact that you are knowledgeable and passionate about what you are writing about , gives you the upper hand on recommending certain products and giving input on the does and don’t s, based on experience, and therefore you establish credibility.

Think about this, you read a book and gain a lot of knowledge from it, the author recommends things to purchase to further your interest on the subject matter, you would be more likely to purchase those items knowing it came from a creditable person because of the knowledge you have gained, through reading their book. You are establishing yourself as a expert on the subject and you are making recommendations on products or services a person can purchase to further their goals.

For example: say your niche is bowling, you could offer brief bowling tips, recommend books on the subject , bowling equipment and make suggestions on related items based on your experience.

The idea is to pre-sell, recommend your affiliate companies as a place to purchase products in the course of educating your visitors on your theme topic.

When the visitor clicks on your affiliate links they make a purchase you make a profit. You should believe in the products or services you refer to visitors, to maintain your credibility!

Common Mistakes New Affiliates Make ..

# 1Mistake..

The number one mistake many Affiliates make ,is, they put up a lot of banners and links expecting people to just click through and make a purchase, but that is not normally the case.

#2. Mistake

Putting up a lot of banner ads and links unrelated to your blog topic, subject matter etc. is not a good idea. There are many Internet surfers can go online line to purchase products, if that is all they wanted to do .

If you plan to make money with your blog you need to establish a pool of potential customers. You need to give people a reason to visit your website or blog and a reason to want to purchase the items or service you are marketing.

Niche websites can be developed and promoted quickly to uniquely serve a targeted customer base, giving the affiliate a small but potentially continuous source of revenue.

This technique can then be repeated across several other niche websites. Some niches may become saturated with marketers, increasing competition and thus reduce the slice of the pie available to each competitor.

What makes a win, win situation in affiliate marketing, is good content, using the right affiliate programs specific to your niche site, updating your content regularly and generating ongoing traffic to your website. Put it all together and you are bound to make a good income in affiliate marketing.

Digital Products 

Blogging helps to establish you as an expert on a particular topic based around your niche blog . People love to learn and there is always someone around looking to learn what you are knowledgeable about.
Once you establish creditability you can create and sell your own digital products through your blog such as:

  • Online courses 
  • E-books
  • Membership site
  • Host Webinars 

Direct Ad Sales:
When your blog becomes popular you can sell ad space directly to advertisers.