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Issue #70 The Ebiz Experience Ezine Sept 16 2004
http://www.ebizexperience.com
"Tips and Resources for Your Ebiz Success!"
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*** Publication Frequency: Weekly (every Thursday)
*** Current Circulation: 22,000 and growing
The Ebiz Experience Ezine is a publication that is committed to
bringing you the best tips, resources and motivation for your
ebiz success. This is a 100% optin ezine. It is only sent to
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this list, please see the bottom of this letter. This ezine is
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In This Issue
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1. Top Sponsor
2. Editor's Corner
3. Feature Article: "8 Ways To Build Passive Income Online"
4: Middle Sponsor
5. Web Business Tips
6. Have a laugh :)
7. Fr'ee Resource of the Week
8. Contest!
9. Classified Marketplace
10. Be Inspired!
11. Recommended Resources
12. Advertising Info
13. Contact & Subscription Info
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Top Sponsor
==<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===
How to Create & Sell Products Online in 6 Easy Steps!
Michael Green lays it on the line for you, showing you
precisely how to build yourself your own 24/7 money making
operation from the comfort of your own home!
http://www.howtocorp.com/sales.php?offer=2120000345&pid=30
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Editor's Corner
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Hello ,
Welcome to all our new readers and thank you for subscribing!
Remember to take a look at our contest.
Here you can get great fr'ee advertising and exposure for your
business!
I hope you will find this Ezine useful and enjoy it as much as
I love putting it together for you.
May your ebiz experience be a successful one!
Thank you
Carien
*** I value you as a reader and would like to have your
feedback. Please send any suggestions, comments or
questions to:
[EMAIL PROTECTED]
*** If you have written an article and would like us to feature
it, please send your article to:
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If we use it, a resource box with your info and url will be
included.
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Feature Article
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*** 8 Ways To Build Passive Income Online ***
by: Herman Drost
Wouldn't you like to take a vacation whenever you want, or have
your wife stop working so she can look after the kids and still
keep up the payment of your bills? Well, if you wish to achieve
this, you need to build a passive residual income.
Definition of passive residual income:
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.
Investment of time and mon'ey is initially required to build a
passive income online, then possibly minimal work thereafter.
The benefits of generating a passive income:
1. Make a strong initial effort to get your income started,
then do minimal work (or virtually none) thereafter, resulting
in earning more and doing less.
2. Freedom to choose when and where you wish to work.
3. Your passive residual income is not dependent on a 9-5 work
week and can be generated 24 hours, 7 days a week.
4. Able to give yourself a pay raise whenever you want by
creating multiple income streams.
5. Create an unlimited amount of income - you are only limited
by your imagination.
6. Have more fr'ee time to spend time with your family, friends
or go on vacation.
7. Ability to give to charitable causes.
8. Create residual income for your future retirement.
Types of passive income streams to build online:
1. Affiliate Programs - passive income is derived from setting
up a web site that presells a companies' products. The parent
company provides the products, tracks the sales and gives you a
commission for each sale. Find companies that offer large
commissions, and will track clients for multiple sales 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 affiliates make
a sale.
One of the best examples is the 5 Pillar Affiliate Program from
Ken Envoy.
http://affiliates.sitesell.com/webselling83.html
He offers a number of great products with high commissions with
excellent sales materials and content to help you presell his
products.
Read the fr'ee ebook: Affiliate Masters Course to become a
high-earning affiliate champion.
(http://aff-masters.sitesell.com/webselling83.html)
2. Information Products - the web is a great place to create an
ebook that explains "How to" information ie How to start an
online business, How to buy a car without getting ripped off..
anything that makes life easier for people. People are hungry
for information, therefore if there is a need, you can create
an ebook and sell it on the Net.
What are the benefits of creating an ebook?
Easy to create - you just need the ebook creation software.
Takes a short amount of time - you can create an info report in
a few hours or days. A large ebook may take several weeks or
months.
Low cost - costs will include ebook creation software, web site
design, web hosting and marketing. Once you have this set up,
with good promotion in the search engines, you can make sales
from your ebook 24 hours a day for years to come.
Add an affiliate program - increase the number of ebook sales
by getting other people to sell it for a commission. This
enables you to greatly increase your passive income.
Allow reprint rights - charge a fee for people that will have
the complete reprint rights. They are able to place their own
affiliate links in the ebook and sell it for the same price to
others.
3. Creating software products - if you have a good idea for a
software product that will help people do something faster,
easier or teach them something, then you may have a winner.
A friend of mine created a course that educates autism kids
step by step. He then sells the course on a CD to educational
institutions and individuals all over the world. He makes a
nice passive income each month from his initial investment of
time, effort and mon'ey. The best example is Bill Gates who
created the Microsoft Corporation selling the Windows Operating
System. You could do the same on a smaller scale.
4. Advertising commissions - if you have a web site 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.
eBooks - offer advertising space in your ebook. Give the ebook
away for fr'ee or even place links in it from affiliate
programs you recommend.
Google AdSense - place Google Ads on your web site. When
someone clicks on the ad, you get a commission for every click.
If you have 100s or 1000s of pages on your site, you can earn a
substantial monthly income.
Read: "How to monetize your web site with Google AdSense"
http://www.isitebuild.com/google-adsense
5. Pay Per Click Campaigns - you can make mon'ey instantly by
setting up a Google AdWords campaign for your product or
affiliate program. If there are not too many competitors
promoting the same product and it is in high demand, you can
earn a good passive income. Creating several successful
campaigns will multiply the amount you can make.
Read: How to Set Up a Successful Google AdWords Campaign
http://www.isitebuild.com/google-adwords
6. Referrals - create a network of people that offer services
or products related to your business. Ask for a commission
every time you refer someone. For example as a web designer, I
sometimes refer clients to graphic designers, search engine
optimization experts, copywriters and database designers
especially when I don't have the time to do the work myself or
it is outside my area of expertise.
7. 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 mon'ey you 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.
8. Become a Reseller - by reselling other people's services you
can earn ongoing residual income.
One such example is web hosting or domain name registration.
You pay a monthly fee to the reseller and you can charge
whatever you like to your customers for your service. Of course
you must be thoroughly familiar with the service to provide the
necessary support to your clients.
Conclusion: 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.
Choose one of the above types of passive income streams and
take action now, to secure your financial future.
**********************************************************
Herman Drost is the Certified Internet Webmaster (CIW),
owner and author of http://www.iSiteBuild.com. Affordable
Web Site Design and Web Hosting. Subscribe to his
"Marketing Tips" newsletter for more original articles.
mailto:[EMAIL PROTECTED] You can read more of
his in-depth articles at: http://www.isitebuild.com/articles
**********************************************************
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Middle Sponsor
==<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===
Email 2,500,000+ Recipients Daily!
Do You Think You Can Make more MONEY if You only had more
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ORBIT!
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Web Business Tips
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"Has Your Email Address Been Stolen?"
You're minding your own business, and one day you get email
from someone you've never heard of, and they're asking you to
stop sending them email. Or worse, they're angry. Or worse yet,
they accuse you of sending them a virus! But you don't know
them, you've never heard of them, and you know you've never
sent them email. Read on...
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To receive a fr'ee resource like this every day and earn money
too, go here:
http://www.resource-a-day.net/member/index.cgi?homebiz14
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Have a laugh :)
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An unemployed actor is getting pretty desperate for work. He
happens upon this guy that needs actors. The guy is from the
Zoo and explains that they spent so much mon'ey on getting the
habitat just right, that they ran out of mon'ey to import the
ape they wanted.
They hired the actor to be that ape. Well, the guy thinks that
this is stupid, but he takes the job anyway.
The first few days, the actor just sits there thinking he
doesn't look real and that no one is stupid enough to fall for
this stunt. He gets bored and decides to walk around and
examine his little cage.
With this, he notices that people are watching his every move.
He decides to give them a show. After a couple of weeks, he is
swinging on the poles and dancing around making a lot of
gorilla noises and is drawing quite a crowd.
One day, he is showing off for a group of kids. He is swinging
around and around a pole, when all of a sudden, his hand slips
and he goes flying over the cage wall and right into the lion's
cage.
Immediately the lion is stalking him. The actor backs up as far
as he can, and when he sees no other option, he starts
screaming his lungs out. "Help me! Help me!" With that, the
lion yells. "Shut up or you'll get us all fired!"
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Fr~e Resource of the Week
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eDirectory of Home Based Careers
The eDirectory of Home Based Careers is much like a yellow
pages directory but much better because it is a dynamic source
of continually updated listings. The eDirectory has career
options sorted by category to allow seekers to easily review
and find opportunities related to their individual preferences
and interests.
http://edirectoryofhomebasedcareers.com/
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Contest!
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*** This week's question ***
Find the ad in the Classified Marketplace that contains the
following word: "Beach"
Send in a copy of that ad to: [EMAIL PROTECTED]
Each week we will pick a winner that will receive the following:
A 2-issue classified ad package ($28.00 value) for FR~E!
Send in your entries now because the first correct answer wins.
If you have won, we will send you an email with the subject:
(Congratulations - you have won our contest!)
*** The first issue each month we will pick one subscriber at
random to recieve:
A FR~E Solo Ad mailing to all our readers!
(A $42.00 value)
Please remember to read this section as winners will be
announced here.
Congratulations to the winner of last week's contest - Laura!
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Classified Marketplace
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Tell them you saw their ad in the Ebiz Experience Ezine!
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Be Inspired!
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"A Winner's Creed
If you think you're beaten you are,
If you think you dare not you don't;
If you'd like to win but think you can't
It's almost certain you won't.
If you think you'll lose you will,
For out in the world we find
Success begins with a person's faith;
It's all in the state of mind.
Life's battles don't always go
To the stronger or faster hand;
But sooner or later the one who wins
Is the one who thinks "I can"."
~~ Author Unknown
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Recommended Resources
==<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===
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solving, plus ...
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Advertising Info
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To place your ad in our ezine or to send a solo mailing to our
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Contact & Subscription Info
==<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===<<>>===
Carien Theunissen
Editor / Publisher: The Ebiz Experience Ezine
http://www.ebizexperience.com
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Wierda Park
0157 South Africa
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