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Monday, December 24, 2007

HOW TO SAVE MONEY SHOPPING ONLINE

By: Everett Sizemore


Learn how to save BIG online by searching for multiple coupons, getting free shipping, comparing prices and researching the brands.

Many consumers think that online shopping is more expensive because they wouldn’t have to pay shipping at the brick-n-mortar store. They don’t know what you’re about to find out.

Did you know that there are thousands of websites that exist just to provide you with coupons for online stores? Did you know you can find sites that compare prices, and brand features, or that entire forums and networks are dedicated to allowing users to voice their own opinion about a product or service? Did you know many stores use their online portal and email newsletters as a quick way to unload overstocked products at below-cost prices? Did you know some stores allow you to combine free shipping deals with dollar off deals, with percent off deals, with buy-one-get-one deals…? Did you know there are companies that allow you to join their affiliate program and save hundreds of dollars by selling yourself their product? I know of one that lets me buy a hosting package for $95 including taxes, and then deposits $100 back into my affiliate account a few months later. They are actually paying ME to buy their product. It says nothing against doing this in the agreement I signed, and as far as I’m concerned it is a don’t ask; don’t tell situation.

Most of these sites did not exist five years ago, at least not with such economic success while providing such unprecedented value. We have the emergence of Affiliate Marketing to thank for this, as you will see below.

The Digital Coupon

I was shopping for a relative’s Christmas present last year and my mother saw me get onto a coupon site. It was http://www.thecouponmatrix.com , which has little coupon-like dashes around the logos, and she asked "Are you going to print that coupon out?" It dawned on me then that perhaps not 'everyone' knew what an affiliate program was, or that thousands of merchants pay bloggers and website owners in every conceivable industry to distribute online coupons via special codes that the buyer types into a field during the checkout process: "Save 25% on everything – today only! Enter Code: 12345 at Checkout." Others just apply the code automatically when you click on the link: "Get free shipping. Click Here." If you are going to buy the Blue Widget brand of widgets, for example, go to Google and type: 'blue widget coupons' or 'blue widget coupon codes'. You'll be surprised at how many there are!

Double Dipping

Most ecommerce systems these days are smart enough to allow stores to make coupons not applicable with any other offers. But the employee behind this million dollar ecommerce system doesn’t always have his coffee in the morning and you can often find online stores that allow multiple coupons to the point of practically getting something for free: Free shipping + 25% off + $10 off + Get one free = A heck of a deal! Do a Google search for "you can use multiple coupons" and see if you can find any of your favorite stores.

Compare Prices

There are plenty of websites out there that will check databases from thousands of online stores and return the result that has the cheapest price for the product you asked for. You might already know some of them, such as: amazon.com, pricegrabber.com, bizrate.com, and Nextag.com.

Compare Brands

Less common than the price comparison site, but equally as useful, is the brand comparison. Before you try to find where to buy, you need to know what to buy. That's where sites like http://www.comparethebrands.com come in. They take two brands (i.e. Treo VS Blackberry Smart-phones) and compare features, price, consumer opinion from other review websites, and come up with an unbiased suggestion as to which brand is the best buy, thus saving you money both short-term and in the long run with a higher quality product.

Join Newsletters and Feeds

Get a free Hotmail or Gmail account, and use it only to subscribe to your favorite stores’ newsletters. Before long you will have a library of emails from which to select coupon codes, limited time offers and deep, deep discounts on overstocked items. I often see the price being offered in the email to the newsletter group can be as much as half of that listed on the website for everyone else to see. Feeds are slowly taking over instead of newsletters, and have the added benefit of being more anonymous. You can sign up for Compare The Brand’s 10 Most Recent ever-flowing feed of product reviews just by copying and pasting the URL into bloglines or Google feed reader. You can even get a widget and put it on your desktop.

Sell Yourself and Double the Winnings

Affiliate programs gave birth to this type of service and utility in the ecommerce industry by allowing regular Joe's to place a link on their own website, or in an email, and get a percent of the sale every time someone went from their link to the merchants' site and purchased something. What those new to the affiliate marketing industry do not know is that most merchants have no clause in the affiliate agreement about using the discounts to buy for yourself. Just join all the programs you can, keep a page somewhere online that you can put all of the links on, and next time you want to buy something just go through your own link. Not only will you save by using the coupon code, but you get a percent of the sale. How much cash back does Visa give - 0.02%? Hop on over to Commission Junction, Shareasale or Linkshare to get up to 25% back every time!

Remember: Compare the brands, join the newsletters, compare prices and double dip those coupons while selling yourself on a Great Deal! You’ll be the best customer you've ever had. I promise.

Sunday, December 23, 2007

E-COMMERCE - EASY MONEY OR HARD KNOCKS

By: Marc and Kemella Allyn


When my wife and I got into the WWW. E-commerce world, we had visions of easy money and an auto pilot type of business. You know the kind that runs itself and the money just rolls in. Oh yeah, low start-up cost, little time, and low commitment. Just read the commercials and Internet ads.

The Internet can be your friend or it can bite you like a scared dog. Try researching, starting an Internet business. You will find every easy money method in the world. Here is a list of things to consider and these things are just the surface. This is not meant to scare you but to inform you of the reality, before you fall into the money pit. Just remember you have to give before you receive and sometimes we learn from the pain.

Websites necessities or basics:

Host/Server – to store all your files and images. E-mail and other perks. $8 to $12 month

Purchase your domain – www.mysite.com $8 to $???

Merchant/Credit Card service –Credit Card processing. This is a low price. $25Month, $15 service charge, and 30 cents per transaction and 2.5% of sales. (OUCH!)

Paypal – You can use Paypal for your payment option. It’s free. I don’t use it. Nothing is free.

Rent a ready-made store - Now you can go with a company who will host your site and provide a storefront for you. They will even give you products to sell. These are usually database type and provide no SEO. In other words, the only people who purchase from your site are your friends and family. No one can find your site in the Internet desert. You're on page 200 (if lucky). They run from $40 to $200 month.

Find a wholesaler? No problem, everyone is a wholesaler. What do you want to sell? Leather, Home Décor, Knives and Swords, Collectibles or maybe Kitchen cookware?

Where are the real wholesalers? The ones they buy from. There are many scams and scam tools for sale out there. Now try ordering from them. Late? Back Ordered? Packing? Drop ship costs? Shipping & Handling Costs? Drop ship or Inventory? Taxes???

Build your site - There are many templates out there that look good but if you don’t know how to program HTML forget it. You will probably buy a book or software that shows us dummies that we can create HTML websites without having to know HTML. On the outside it looks good, but on the inside they stink. How are you going to find the time and keep up with the latest in this "part time business"? Search Engine robots don't like bad programming among other things.

Gather Information - Now that you have a wholesaler, download all the prices and images. Create your spreadsheets to upload all the product information (change them to CSV or some delimited format. Or you may have to do this one at a time… Ahhh!

Fix the images - Adjust the resolution, size, etc. to fit your WebPages. Get the right software to do this…It will save you days of work and cost. I hope you get this done before the prices change or the item is discontinued. Remember that if you have more than one wholesaler, you have more than one tax and drop ship charge. You also have different information and images. They could be in other formats.

My wife and I thought an Internet Shopping Mall would be so cool. We could have different stores, oh boy…That’s where the name MallAboutTown.com came from. Oh yeah. Now you have to have a logo and a theme and all the right colors and, and, and.

It's kinda like building a house.

SEO (Search Engine Optimization) - You should have been thinking about this from the start. Buy links, buy PPC (Pay Per Click) advertising, buy search engine submissions, buy content, submit articles and link to directories and other Websites, read, read, read and determine who is telling the truth.

After all the smoke clears, you will be in the hole a few bucks. When that first sale comes in you will feel like that golfer getting a hole in one. Then you're back at it, harder than ever. It’s an addiction. I guess it could be described as the spouse that won’t leave an abused relationship. Like any business, Internet business is not for the short-term commitment. There is so much I had to leave out because many things depend on what direction you take on this journey. Good Luck, remember if it’s too good to be true…..

Our advice is to personally talk to someone that is successfully operating E-commerce site, (not on E-bay) and get the facts. This is what made E-bay so popular. But even E-bay can be tough.

Good Luck,

Marc and Kemella Allyn

Saturday, December 22, 2007

HOW TO STOP SPENDING YOUR HARD EARNED MONEY

By: Neil Parnham


Answer these questions:

a. Does your spouse or partner complain that you spend too much money?

b. Are you surprised each month when your credit card bill arrives at how much more you charged than you thought you had?

c. Do you have more shoes and clothes in your closet than you could ever possibly wear?

d. Do you own every new gadget before it has time to collect dust on a retailer’s shelf?

e. Do you buy things you didn’t know you wanted until you saw them on display in a store?

If you answered “yes” to any two of the above questions, you are an impulse spender and indulge yourself in retail therapy.

This is not a good thing. It will prevent you from saving for the important things like a house, a new car, a vacation or retirement. You must set some financial goals and resist spending money on items that really don’t matter in the long run.

Impulse spending will not only put a strain on your finances but your relationships, as well. To overcome the problem, the first thing to do is learn to separate your needs from your wants.

Advertisers blitz us hawking their products at us 24/7. The trick is to give yourself a cooling-off period before you buy anything that you have not planned for.

When you go shopping, make a list and take only enough cash to pay for what you have planned to buy. Leave your credit cards at home.

If you see something you think you really need, give yourself two weeks to decide if it is really something you need or something you can easily do without. By following this simple solution, you will mend your financial fences and your relationships.