Can you buy property for $100?

Can you buy property for $100?

It is possible to buy land and property for $100 but there is normally a catch. It is probably going to be in the middle of nowhere with no water, mains gas or electricity. I saw some land advertised with a small stone build. It was really old and was more like a pile of stones. So why would someone consider buying it? The advantage of having your own land is you are more in control than if you were renting. People spend so much money on rent over the years it can easily be well into 5 figures.

Off grid living for cheap

So what can you do with land and a tumbled down stone house? If you are on a really low budget, its possible to camp on the land. Then try to build something for the longer term. Yurts can be very nice to live in and with self build ones being fairly cheap, it would give a way of moving up from a tent. There is always the option of buying a cheap trailer. Some second hand ones are very cheap. They can be done up over time. Putting in a shower is not too difficult for example.

Off grid electricity

If you are going to live off grid there are still things that are nice to have and many will use electricity. If you are miles from anywhere then the best thing would be to have a solar panel. They are a lot cheaper these days, so being able to supply enough for lighting and charging mobile phones and laptops is not too difficult. You can even run small electric fridges from batteries which are charged from solar panels.

Off grid Internet access

You can get a WiFi booster if you are not too far away from a WiFi point. Sometimes the internet that you can get with your mobile phone will be best. You can then use your mobile phone as an internet point. Another way is to get satellite internet.

Off grid Water supply

Its possible to have a bore hole drilled down to the water table to get water. It may not be possible in every area though which might be why a property is sometimes particularly cheap. The alternative here is to collect rain water. There are some ready made systems that you can buy to do this, or just make your own. There will be some health and safety issues though with rain water collected for drinking, so look into this carefully. The other way which will be best to start with is to buy large water bottles from a store.

The off grid lifestyle

Off grid living can be fun. I think the most appealing is you can invest in your own property rather than just giving rent money to someone else. With a decent solar power setup you can have enough electricity for all your needs and after the setup costs its basically free. For cooking, gas bottles or a wood burner would be two options. If you have a wood supply then that will save money as well.

Being rent free can be a great feeling. As a longer term project it would be nice if you could build a more permanent house, although some people live in larger yurts for many years. It can be so hard to get on the property ladder these days that any short cut is nice to consider. Its always best to plan and check as much as possible, in case the catch is too big. Some land might be cheap because there is pollution on it or another health hazard.

 

 

 

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Ways to promote affiliate products

Ways to promote affiliate products

 

With affiliate products, you are selling another person’s product where you get a commission. This is the easiest way when you first start out. Later you can think of developing your own products.

To promote affiliate products there are several stages to go through. Picking just any product is unlikely to lead to many sales. You need to find good products that are selling well and fit the promotion method. Promoting on the internet favors media products like eBooks. If you were promoting garden sheds, many people would want to look at them in person, which would not be easy if you are working from a laptop. You also need to consider what are the best affiliate programs to join

These are my points that help find a very profitable affiliate product:

 

  • Are other affiliates selling this product?
  • Are they getting many sales?
  • How many customers are asking for a refund?
  • Are there many ways the product can be promoted?
  • What percent is the commission?
  • When is the commission paid?
  • Are there competing products to the one you might promote?
  • Has the product been selling for a long time?
  • Could there be any copyright issues with using product names when promoting?

 

 

I will go through each of these points to give you a guide of what I look for when choosing an affiliate product to promote. You may have some ideas of your own.

 

Are other affiliates selling this product?

If other affiliates are selling this product then it is probably a good product. They will have checked that it is a good product and that the product owner pays regularly. If there is a vast number of affiliates it might be best to avoid it as many interested potential customers would have been cookied to other affiliates meaning you might not get the commission even if the customer bought through your affiliate link.

 

Are they getting many sales?

Some product owners or the third-party sites that process affiliate sales, tell you basic statistics. If there are many affiliates, all getting sales with low rebill requests, that suggests a product you would probably make money on.

 

How many customers are asking for a refund?

I would always avoid a product with a high rebill rate. It is normal for any product to get refund requests. Some people even ask for a refund from products they have liked and used, to get the product for free. So even good products might have a 2% rebill from its customers. If a product has a 50% or higher rebill request rate than there must be something wrong. Most people will not be bothered to ask for a refund from a cheap product, so a high refund rate shows that many people are very unhappy with the product. Also, you do not want to spend money on advertising a product and then after getting the sale, to then loose the commission because of a rebill request. With a high rebill product you could start losing money quickly.

 

Are there many ways the product can be promoted?

Is the affiliate product you are considering easy to promote? For example, would people in a forum be interested? In fact are there forums where people would actually be interested in the product? If it’s a less common product, there might not be many places to find likeminded people. However, if you were promoting “how to learn the guitar” there would be many forums and Facebook groups that you could promote to. On the other hand, if you had a product about collecting meteor rocks, there might not be very many as it is a more specialised and less common subject.

 

What percent is the commission?

Commission for electronic products can be very high as there is no manufacturing cost. Common rates are 50% and 75% Sometimes you can find products with 100% commission. Now that might be strange but the reason the product owner is paying 100% commission is because they know that many customers who buy the product you are promoting, will buy another product from the product owner directly. For example, you sell a $20 eBook as an affiliate. The product owner gives you $20 commission. The product owner now has the contact details of the customer, usually name and email address. They then offer a more expensive product, perhaps $147 for a video course. The product owner gets all of that without having to spend out anything on advertising. Even if only 3% of the customers you refer buy the $147 video course, that is profit for the product owner. Just because the product owner is on a good deal here does not mean that its unfair or bad for you. Until you produce your own products this situation can work out great. If you spent $10 on advertising for every $20 commission and kept reinvesting your profit in more advertising, you could be making big money quickly and easily.

 

When is the commission paid?

It is normal for there to be a 30-day delay. This is usually in case a customer wants a refund, also called a rebill. If the product owner pays affiliates commission every month then it would be one to two months before you get paid. Some product owners pay weekly or every two weeks. This is better and worth considering. The most important thing though is that they are trustworthy and always pay genuine sales.

 

Are there competing products to the one you might promote?

It is worth checking to see if there are any other competing products that you should know about. Should you be promoting one of those even? Also, you can see where those products are being advertised. Someone who has bought a competing product might also buy the one you are promoting. Customers can buy several products about the same subject if they are interested enough, for example not many people have just one book on cooking. If they are interested enough to buy one cookery book, they almost always buy more

 

Has the product been selling for a long time?

This is good and bad. If it has been selling for a long time then it is most likely a good product. Bad products tend to disappear from the internet quickly. The downside is that many customers may have already signed up to other affiliate’s email addresses, so when you come to advertise it will be harder to find new customers. With commissions the affiliate who gets the lead first gets the commission even if you pay to promote to that same customer. For example, you pay for an advert that gets a customer to your sales page, they click on your affiliate link and buy the product. Unfortunately, as they had clicked on another affiliate’s affiliate link last week, you do not get the commission, the other affiliate does.

 

Could there be any copyright issues with using product names when promoting?

Some companies do not like you to use their brand name when promoting their products. For example; if you were promoting a product called “abcd” they may not want you to place an advert on google AdWords called “discount on abcd” and then link to your blog where you have a sales page. The reason is that people searching for “abcd” might think you are the product owner. Also, if the product owner who created “abcd” wanted to place google AdWords adverts, then they would be competing with all their affiliates such as you, who are using their brand name. Therefore, check whether any company you are being an affiliate for has any restrictions. It’s generally best not to use brand names. Some affiliates used to register brand names as domain names, for example abcd-review This may make the product creator look spammy if their name is used in many variations around the internet.

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Internet marketing: Why do people not take action?

Internet marketing: Why do people not take action?

 

I have found that there are 4 basic reasons why people do not take action with internet marketing. Fear of failure, feeling overwhelmed, procrastination and not having a clear goal. These are common reasons and there is no shame if any of them apply to you. Identifying these demotivators and then changing and adapting your work practices to overcome them is a great empowering feeling.

 

 

Fear of failure

In this situation people worry that they don’t really know how to guarantee a success. In this situation, many people would rather have an unfulfilled dream but with at least a chance of it working, than to try and then to fail, which would mean they no longer even have a dream. Also, talking about your dream makes it feel as though you are actually taking action but of course it is not.

It is important here to realise that it is better to try many things because then something may be successful. Even if your dream does not work this time then your next plan or dream could work very well. You can increase your chances of something being successful if you get help. With internet marketing, there are many specialists that can do complicated work from you at a good price. Fiverr.com is my preferred one although there are others.

 

Feeling overwhelmed

The task you want to do seems overwhelming and you don’t know where to start. Therefore, you don’t do anything and tell yourself you will start tomorrow. The best solution to this is to break the task down to more manageable pieces.  You can also get help from someone who does know how to solve your task.

In the context of internet marketing, if you want to start your own blog and you are unsure of how to do it, or simply you want a particularly well designed blog, you can hire designers and programmers from fiverr.com

 

Procrastination

If we don’t like doing something, or it appears to us to be too hard, it’s easy to procrastinate, or in other words, put it off until another time. The feeling of anxiety is unpleasant and we shy away from it. The way to stop that unpleasant feeling is to not do the task! It also follows that when we want to do things we like, then it’s easy to do them, for example putting off work and playing a computer game.

In the context of internet marketing, if the idea of starting your internet marketing business is stressful, then hire a contractor from a place like fiverr.com Even if you do have the skills required it can be quicker to let someone who does that type of work every day and who enjoys doing it, than spending time on the task yourself, when you could be doing something else.

 

Not having a clear goal

You might want to set up a money-making website so you focus on the idea of making money, but you really need to focus on setting up the blog.

So, don’t worry about income when you first start your blog, just think of an idea that people will be interested in and concentrate on how you can get regular visitors so that you can develop your blog into a full-time income.

If you focus on what you need to do to make the blog successful the income will come along. It does not need to take long to make a full-time income from a blog. $1000 a month within 3 months of setting up is realistic and $3000 after 6 months is common. It normally takes longer to earn the 5 and 6 figure amounts that you see around the internet. From the initial setup, it could take as long as 2 years. Now you might say you don’t want to wait 2 years before making big money but of course if someone said to you, “You could be making $100k a month but the time to build up to it might take 2 years”, wouldn’t you jump at the chance?

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Running a blog from a coffee shop

Running a blog from a coffee shop

This can be fun and relaxing. The laptop lifestyle gives you the opportunity to work almost anywhere

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