1/26/2009
Can People Really Make Money Online
One way thousands of people are making money on-line is through multi-level marketing programs. What are they? and do they really work?
MLMs are all over the web. Simply Google “home business opportunity” and you’ll get a boatload of different websites, most of which are probably MLMs. In the on-line business industry, MLMs have their cheerleaders and their detractors, so it’s probably a good idea to do as much research as possible before signing up and sending off a check.
What exactly do MLMs do? Most MLMs are a network of people who are trying to sell a product and at the same time trying to get more people to sell that product. The more people you personally recruit, the more money theoretically you can make.
And how do you get people to sign up? Mostly through websites promoting a particular MLM. The idea is someone will visit a website and sign up for the MLM to sell a product. The owner of that website has just made a sale, and will get a commission every time people under him make a sale. It’s called the downline, in MLM language, and the bigger and more productive your downline is, the more money you can make.
There’s an entire industry devoted to helping people get better at running their MLMs, by promising to get more recruits or better recruits or by making their website have better visibility to also increase recruits.
It’s not a pyramid scheme because the main purpose of the MLMs is to sell products, not simply to sign up more recruits. However, experts caution that business owners should try to avoid those MLMs whose main purpose seems to be signing up people and not selling a product.
Successful MLM website owners are usually terrific marketers. They know how to increase their search engine optimization (get a good spot on search engine results pages), and they know how to get their website seen. They use e-mails, word-of-mouth, press releases, and blogs to sell their wares.
What do MLMs sell? Some sell software, some educational materials, weight loss supplements, viral traffic and some seems to sell nothing but a name. It does cost money to sign up, anywhere from a around $100 to thousands of dollars, depending on the MLM.
Are they legal? As long as an MLM’s main purpose is to sell a product, then it is completely legal. It is only a pyramid scam if the only purpose is to sell the MLM websites.
Federal and state agencies have been known to track MLMs and pyramid schemes in an effort to weed out the bad apples. Advocates for MLMs often say those who complain that MLMs don’t work are typically those who didn’t commit the time and effort into the business to make it successful. Those against MLMs say the businesses never followed through on promises and they made far less money than stated.
The bottom line is that MLMs can be an option to make some extra cash, but you must go into it with eyes wide open and realistic goals. And if you do invest your money, make certain to invest your time. If you still have questions, it’s always a good idea to contact the Better Business Bureau.
Host4Gain
1/20/2009
Set Up A Home Business Website
A home based business has risks no matter what product or service you choose to go with. However you can get a home based business going for about $20 a month. This is a small investment that could reap you good benefits from your website. The 20 bucks will be for your domain name. Some services charge monthly for domain names but you don’t want to go with those. Instead, set up your domain, without ads, for under twenty bucks a year.
First of all you will need to pick a good domain name. You want to choose names that are relatively short and can easily be remembered. If there is a way to stick keywords into the name do so. If not, go with something that will pop up when certain keywords are entered. Look for low cost domain registry. There are a number of services out there that charge under ten bucks a year. Stay away from the expensive domain hosting services like Network Solutions. More money does not mean that you will get more services. Domain registry services are fairly standard at this point so one service will pretty much give you the same options as another one. GoDaddy is a very popular registry that does not charge much.
No matter what domain registry service you choose you will have to search for the domain name you want. If it is available you will be given the name you choose and if it is not a couple of different options will be presented to you. You can choose one of the variations that the registry gives you or you can come up with another one.
Once you have a domain you will need to find a web hosting company. Once again, web hosting services can be extremely cheap. Search for ones that are a buck or so and pick one. Once you have a domain name and web hosting service, you can start designing web pages. Domain registry services have tools you can use to design web pages but you also can use your own software to create your site.
Once you upload your website you will be able to start making money. If you have a product you are selling, try to network with website that sell similar products. Swamp links with those websites so that your site will come up earlier in searches. Be sure you are a part of an affiliate marketing program as well so that you will have a good amount of link partners. Go with a free affiliate marketing program as well. The links are just as good as the ones that you may pay for with a program that charges money.
You should be able to generate some money from having a website. However you will need to keep up the maintenance on it and update links regularly. If you have moderate web designing skills you should be able to design your website and make some type of earnings off of it.