Posts filed under 'Internet business'

Online Bank Card Fraud

I checked my business bank account the other day to find that there has been three transactions that I didn’t make on there (about £200 or $400). I immediately cancelled my card. I only ever use my business account to make purchases online and all of these are made from reputable companies (with registerfly as the exception). I have never replied to any dodgy phising emails or anything like that. So the details of the card must have been got by an employee of one of these companies or via hacking or something.

I have decided that from now on I won’t use my card online I will use a payment service such as paypal or google checkout.

I don’t know if I will get my money back or not I have emailed all the companies that purchases were made from and I will ring my banks disputes hotline tomorrow. I will keep you updated.

Add comment May 20th, 2007

Making money with a website

One of the most important advantages of web business is that you are free or nearly free to do anything. When it comes to making money with a website, creativity is the key. I will start this article with some of Karl Taylor Compton, former president of MIT words. Back in 1938 he said: “In recent times, modern science has developed to give mankind, for the first time in the history of the human race, a way of securing a more abundant life which does not simply consist in taking away from someone else.”

He spoke the truth, since nowadays more and more people make money using a website. In fact, you can’t even see a company nowadays that does not use computers. But let’s say more about how you can really get profit using a website. When you build a site you must choose the type of site you will have. You can choose a “magazine-like Web Publishing” or a “Web-based Application”. I have divided the site categories that can lead to profit into four. The first type would be the sites which provide collaboratively created information. Using forums and e-mails you can collect information from the public and then publish them each year. This can be done in other ways, but with the internet it is less expensive, it is not so time-consuming, and with a just a little bit of work, you can have everything done. To understand better such categories of websites think at eBay.

Another category would be sites that provide traditional information. What is most intriguing at this type of site is that, even it requires less imagination and creativity, the investment capital would be more important. You can search for pieces of information that were unavailable to the consumers on-line (such as old magazines, newspapers, weather reports, movies, television, videos, stock market information, and so on) and sell them now. Ad banners, links to your sites and all types of revenues can get you a lot of visitors.

The third category is represented by sites that provide on-line services. What kind of services? Well imagine a website that provides wedding planning online. The users will tell you what kind of wedding they want, how much they want to spend, and when the wedding will take place. Your program will figure a detailed budget, make the invitation list, and all other activities you can do online. After that you can find a famous hotel, restaurant and ask them to give visit cards to their guests. And imagine all other ways to make your business famous.

Now that you know all these important types of site, you can continue your work and expand your business or even imagine new ways of making money with a website.

Add comment May 13th, 2007

Site size (Volume) vs Site niche

This is something that I am still unsure about. Is it best to build a big general site or is it best to build lots of small niche ones. I have built a few sites and in general the bigger sites that are general tend to have averaged out earnings. Whereas the niche sites get spikes (if it where a graph) where the money comes in.  I have tried looking at the stats etc… I have come to this conclusion: It’s good to have a mixture of general sites and niche ones.

 

The general sites will provide a consistent income stream whereas the niche ones will provide  spikes in your income.

1 comment May 6th, 2007

Tips on selling a website

Selling a website can be quite complex. To help you I have listed some tips I have learned along the way. List the website for sale on digital point or some other market place

 

  1. Get screen shots of stats and also revenue screen shots, if you are getting revenue screen shots be sure to blank out and ctr rates and money made per click (press print screen button and paste into graphics editing package)
  2. Make sure you list the current PageRank and also the predicted iwebtool pagerank. Type in the url www.iwebtool.com/www.yourdomain.com
  3. If the domain is a good one make sure you point this out.
  4. Also list the traffic sources, for example,70% from search engines, 10% from bookmarks, 20% from links.
  5. If it’s a forum, list the posts and number of members.
  6. If it uses software make sure you list if the sale includes the license.
  7. If it’s a content site, make it clear if the content is original or copied (from free sources).
  8. If someone doubts your stats or calls your website, don’t call them names just try to reason with them.

Add comment April 22nd, 2007

Advertisers for your blog – Text Link Ads Review

I was looking for ways to diversify my income from the internet when I come across Text Link Ads (affilate link). Text link ads is basically a marketplace where you sell hyperlinks on your website to others.   

Its very easy to setup, all you do with wordpress is install the plugin and put one tiny bit of code where you want the ads to display. Then you go to text link ads and add your site to the market place. 

I listed this blog www.webbrander.com for sale about two days ago, I have already got a buyer for one link from Forbes (really big American business magazine and site) which is great.  See the Naveen Jain link at the bottom of this site in the red box. That’s it there. Also if you sign up today there have a special offer of $100 in FREE Links

Add comment April 10th, 2007

Advantages and disadvantages of online business

Internet business Advantages
 

  • Can be very cheap start up costs (domain $8, hosting $10) when compared to other business such as owning a shop, for example a pizza takeaway has to buy ovens, ingredients etc..
  • You can run your business from anywhere
  • Low overheads (hosting and maybe staff costs)
  • The internet is still a open market, lots of opportunities for new business models exist.
  • If you get it right you can have super fast growth. For example Youtube was only started in Feb 2005 and was sold for $1.65 billion in October 2006. It only took them 21 months to grow to be worth 1.65 billion which is amazing.

 
Internet business disadvantages
 

  • Low barriers to entry which means that it is easy for someone to set up a website and compete with you
  • Business models can easily be copied, look at youtube and how many copys of their site exist.
  • Can take a bit of time to train yourself, for example if you were to start a sandwich shop you can pretty much start making sandwiches without much trouble whereas to make a  website you need a bit of knowledge and skill
  • Spam – you can spend a lot of your time dealing with spam emails and sales people telephoning you trying to sell you directory listings.

1 comment March 26th, 2007

Improving my blog

I have spent the last 60mins improving my blog by adding a few different features.

First of all I added an agloco banner, agloco basically pays you for surfing the internet which is pretty cool and you can also earn money when your referred friends sign up and surf the internet. If you would like to try it out please sign up via the banner at the top of the site.

I have also added a technorati favorite’s link that if you click it adds this bog to your technorati favorites. I have also added a feedburner subscriber link. Currently I have no subscribers; hopefully I will have some soon. These changes should increase traffic over the long term.

Add comment March 16th, 2007

WordPress robots.txt file

A robots.txt file is a file that is used to keep web pages and files from being indexed by search engines. I decided I needed one on my blog to stop duplicate the rss feeds being indexed.
To create your robots.txt file open up notepad and save the file as robots.txt.

Here is the code:

User-agent: *
Disallow: /wp-
Disallow: /feed/
Disallow: /trackback/

The first line “User-agent: *” means that all the search engine robots (from Google, Yahoo, MSN and so on). Search engine robots are what gather the data for search engines.

“Disallow: /wp-” means don’t index the pages in the root folder (also known as home directory) with the starting name wp-.

“Disallow: /feed/” don’t index the feed. This stops your blog getting penalized for duplicate content.

“Disallow: /trackback/” don’t index trackbacks

1 comment March 8th, 2007

Free Software that can help web entrepreneurs

I just installed adlogger and its great, its free and lets you track the clicks on your adsense ads. It does have some flaws in that it can only be used on php sites.

Try xamp apache friends, it lets you setup apache php and mysql with just one install on your local computer (your desktop or laptop). This means that you can develop websites on your home computer and then upload them to your web server.

Add comment March 6th, 2007

My Websites that help web entrepreneurs

Some internet entrepreneurs design there own logos, I have this site to help them do that Logo Tutorials .

If you do a bit of web design then add your link to web designers directory.  To buy your domain name use either godaddy or namecheap and to save a bit of money go to domain name coupons. If you need to learn more about web programming visit free computing ebooks.

I hope these sites help you out a bit.

Add comment March 5th, 2007

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