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Two Ways Of Earning Online Money

By: John

 

When it comes to producing an info-product, there are 2 types of methods to choose from. You can either be creative or innovative. Creative means, you look at the market and come up with a good solution. 

 

In effect, it is coming up with an info-product that will solve an existing need. Say for instance, you realize that people have a problem with writing articles, then you put up something like a rewriter software.

 

Or, if you realize that many people are trying to plan their joint venture's details, you can invent a joint venture profile software. Essentially, you'll be the first person to hit in the market. Make sense?

 

 

However if you want to minimize your risk of failing and earn cash fast, I'll opt to be an innovator. Observe the existing products available to fulfill the demand of a market. Look how good the sales volume is. Then, I'll be an innovator to provide better solution or tap on the existing opportunity.

 

Not sure what this means?

 

Let me explain ...

 

You may have realized that there are a lot of  sales letter generator in the market, this is because of the innovative marketers that are creating them. PayDotCom, a relatively new company, is an added example of an innovator market that gives the same service as Clickbank.com 

 

It was launched successfully after the creative company called Clickbank.com. Clickbank.com was the first site that provides credit card processing service with built-in affiliate tracking program for online marketers to use. Currently, there are new innovative marketers that have produced an affiliate tracking tool that can be included with other credit card processors like Paypal.com, 2checkout, authorize.net, etc.

 

Innovative marketing is not just about duplicating what is successful and trying to be superior, bigger or cheaper. That's a very narrow observation on how to make money which will eventually fail. {Just|Simply] by adding these 2 added ingredients in it, you'll change the whole profit model:

 

1. Looking for an angle 

 

Finding an angle means positioning yourself unique from those who made it first. For example, Clickbank.com is a success. However other affiliate tracking tools that did not have a built-in credit card processor were very successful as well by tying up with third party credit card company. PayDotCom is also another good example of this for they solve the core problem.

 

2. Complimenting with the pioneer

 

Offer an info-product that can ride on the existing successful market. For discussion purposes, let's take for instance Clickbank.com. There are a lot of new tools created to improve the ease of using Clickbank. 

 

 

Examples are: Software to handle your Clickbank.com affiliates; Software to extract your Clickbank sales report into a Microsoft Excel file; Software to make Clickbank.com search engine tool that is integrated with Clickbank ID;Video tutorials on how to setup Clickbank.com account; and so much more.

 

See what's happening on the internet.Make a decision if you want to become a creative or innovative marketer. Then, TAKE ACTION!

About the Author

John Siuda is the owner of the profit pulling site selling info-products

To find out more about how to make money online and to get limited time free video training, visit

internet marketing strategy

(ArticlesBase SC #2131175)

Article Source: http://www.articlesbase.com/ - Two Ways Of Earning Online Money

Monday, August 31, 2009

Health care than in information technology

(IDG) -- Would-be investors looking for specific tips on how to hit it big on the stock market with Internet companies will have to keep studying the numbers. A recent panel discussing venture capital didn't name names, but did offer general, often amusing observations about market trends and types of investments to beware of.
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The panel of experts in the technology, health, and telecommunications fields spoke on "What's Hot? What's Not?" at a Silicon Valley program sponsored by the nonprofit, public affairs-oriented Churchill Club.
Staying power counts
The recent flurry of Internet company Initial Public Offerings has made many investors wealthy as stock prices have soared. But not all Internet companies are destined for greatness, according to Michael Moritz, a partner in Sequoia Capital, a well-known Silicon Valley venture capital firm.
"We pick companies that are going to be franchise players," Moritz says. To illustrate, he cites two hit films released more than 20 years ago -- Star Wars and The Big Chill. Both were great movies, but only Star Wars established a franchise that's still growing. Similarly, some Internet companies have "hit" IPOs but flounder later when earnings fail to approach heightened expectations. Says Moritz: "Many of the new Internet companies are weaving around like drunken sailors after a week of shore leave."
Sequoia is careful not to overfund the companies it invests in because that can lead to careless spending and less aggressive employees, according to Moritz. One Sequoia success story is its initial funding of Yahoo. A much more recent Sequoia investment was in eToys, an Internet shopping site that went public in May. Its stock has nearly quadrupled since its IPO, giving the startup a market value of more than $8 billion. Eighteen months ago, eToys didn't exist.
California is by far the leading state when it comes to funding Internet companies, according to Sam Colella, a partner in Institutional Venture Partners. California venture capital firms have invested $1.5 billion, compared with $441 million from runner-up Massachusetts, which is followed by New York, Colorado, and Texas.
Technologically fearless
Demographics play a major role in the growth of the Internet and the adoption of new technology. Colella is eyeing a market he calls the "dot com" generation -- people born after 1979. "Every year we're producing children who are technologically fearless," Colella says.
Another example of technological fearlessness is the recent boom in online trading of stocks. But Moritz worries that too many traders don't know what they're doing, and risk losing lots of money. "Online trading has replaced off-track betting as America's favorite sport," Moritz says.
Telecommunications ventures get a bullish thumbs-up from Cliff Higgerson, a partner in Communications Ventures, which specializes in early-stage investments in networking companies. Higgerson says we are on the verge of a bandwidth explosion that will enable a broad array of inexpensive video and audio services via the Internet.
"The gap between what is being done in research labs and what is available to consumers is unbelievable," Higgerson says. "I suspect that what science fiction writers are predicting we'll have in 200 years, we'll have in 15 years in the telecommunications area. Just in the area of TV, the graphics we have today are poor compared with the incredible resolution and gradations of color that are coming."
Health care versus technology
Though it shows no signs of slowing down, perhaps some day the information technology industry will evolve into a more mature, slower-growth field like health care, the panelists suggest. Brian Dovey, a partner in the venture capital firm Domain Associates, gave a humorous top-ten list of reasons why it's better to invest in health care than in information technology. Among them:
You don't have to pay those pesky capital gains taxes.
No sleepless nights worrying about your portfolio crashing.
Single-digit stock prices make it easier to calculate market caps.
Domain invests in technology-based companies focused on life sciences, such as biopharmaceuticals, medical devices, and health care information systems.
Biotechnology was overhyped in years past, Dovey concedes. But recently, biotech companies have made dramatic improvements in discovering new drugs, he says, adding, "Health care is a trillion-dollar industry and remains an attractive investment."
The five-letter clue
Reeling off a list of Sequoia's successful investments -- including Apple, Atari, Cisco, Arbor, Ccube, Yahoo, and eToys -- Moritz jokes that the firm's secret is to find companies with names containing only five letters. Actually, Sequoia has had many non-five-letter investment successes, including Oracle and 3Com.
But faced with trying to explain the explosive run-up of some Internet stocks, Moritz concedes that he really has no answers. "It's all a bit bewildering," he says.

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