Posted on : 04-11-2008 | By : Dave | In : Make Money Online
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Everybody knows that the market is down. Everybody knows that this is the right time to invest. But only a few have the courage to invest. And very few people know the right places to invest.
This is not the story of Wall Street. If you look at the online market, things are the same. A lot of webmasters are thinking that the market is really down and prospective buyers are holding on to their money. And thus there are high chances that the sales volume will go down. But how many of us really have faced the heat! The panic button is playing the role of the devil here.
I know that the online real estate market is facing huge problems. But did you ever tried to know who are they? What is their business model? Do you have any idea about what measures they have taken to fight with the problem rather than stooping some or most of the online promotional activities! And do you really think that all the online real estate marketers have closed the shutters forever!
A few years back there had been another depression in the US real estate market – do we remember those days? But what happened after that depression? Some people took the opportunity to invest more in real estate market. They got great deals as a lot of people were only interested in selling their property for whatever they could get. As if the world was going to end the next day. Things changed very fast and people those who invested in real estate at that point of time made huge profits. A lot of people say that the property market runs through a seven year cycle of ups and downs – seems funny!
All I want to say is measure your situation – if the sales volume is down, does it really mean that your business is incurring loss? If you are earning just enough to support the existing setup and other expenditures, stick to your business and run it in breakeven points. Find some other ways to earn something extra. Just remember those good old days that will surely return soon. And talk to people to find out newer avenues – help each other.
Posted on : 03-11-2008 | By : Dave | In : Make Money Online
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Once upon a time we had websites. Webmasters used to write something on a topic in that website. That was primarily the age of one way communication. The visitors had no opportunity to participate.
As we moved on, internet grew up into a platform (we owe a lot to blogs and forums) for you and me to participate. And now we have Wikis – the comprehensive platform.
Though, blogs and forums are primarily two way communication medium, there is a basic difference between the two. To put it simply, a visitor cannot normally start or direct a discussion in a blog (comments does not empower the reader as much as the author of the blog). But in a forum based platform, the reader can be an active agent to start a discussion on any given topic (allowed by the moderator).
So, what are blogs and what are forums?
To me, my blog is my home and the URL is my residential address. I decorate (design and write posts) my blog, the way I want. I enjoy my freedom of speech in my blog. However, the forum is the place where I interact with different people. It is like a coffee bar, where I can start a discussion and let others contribute with full power. We all share the same privilege. Thus can we say that a forum is more powerful than a blog as far as participation or communication is concerned!
And, here comes wiki – a notebook that stores important aspects of a discussion in the form of a comprehensive article. It is like erasing all the unwanted dialogues of a meeting and writing down the gist in a single page.
What do you think?
Could forums or wikis be so popular if we never had blogs?
Please write a comment under this post or start a discussion in the NBB forum.
Posted on : 01-11-2008 | By : Dave | In : Make Money Online
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Have you saved some money for bad days? Do you have some extra dollars to invest? Perhaps it is the right time to move.
I know what you are thinking – the market is down. If you invest on online market, there are high chances that your business will also flop. I don’t disagree to it. However, this is high time to develop your business too!
Why?
The primary reason is as there is a recession in the market, it has stricken the panic button across the globe. People are so worried about the situation that they hardly have time to think about their actual condition. And thus advertising prices are going down. If you start developing a business now, your promotional cost would definitely be less than regular.
The market is undoubtedly down – especially the online real estate market. A lot of websites (mid range) have also stopped or reduced regular marketing exercises as the sales volume is down.
But, do you really think that the market will remain the same in the next year?
Where to invest?
I would recommend you to buy a website (may be something like a product selling website that earns from affiliate marketing) rather than starting one from the scratch. Look for some best deals in different forums (you can also put an ad here to buy a website on your favorite niche). And now, invest some money on advertising.
What sort of advertising?
Some advertisements have a recurring value and some are immediate. For example, if you invest on AdWords, you would get immediate traffic. But I would recommend you to buy advertisements on blogs – especially if you have shortage of budget. You will easily find a lot of blogs in your niche that would offer lifetime advertisement spot for less than usual prices (paid reviews!!!). And, undoubtedly you would get the recurring value here from seo perspective.