Go To Make Money Home | Add to Favorites
Earn More Money In Your Online Business By Creating A Pig
If you really want to earn more money with your at home business than you need to strongly consider adding a P.I.G. Obviously, I am not referring to the questionably adorable pot bellied pig that many fine people have adopted for a pet. The concept of adding a Passive Income Generator to your business should be a top priority if you want to earn long term income.
What exactly is a Passive Income Generator?
As the names suggests, a P.I.G. is a product, system or service that will pay you and your company long after it has been implemented. In fact, the ideal P.I.G. is one where you do the work once and it pays you over and over and over with little to no maintenance on your part.
An example of a P.I.G. could be a book, an audio CD, a patent, the licence to use your idea, a service that you contract out, and much more. Let's take a book as an example. You diligently research, compile, write, edit and proofread your book. Depending on who you are this may take you anywhere from 14 days to 14 years. Once the work has been done, a publisher will usually help with the marketing and promotion of the book. Once all that has happened, you the author are left with a passive income generator that will keep selling books while you sit in the sun enjoying a margarita.
Making money with a P.I.G. has become so much more important with the acceptance of internet commerce. Today, there are some amazingly quick, simple and inexpensive ways of creating a P.I.G. As an example, take a pay per click advertising campaign. This type of a business revolves around driving traffic from the search engines at a small cost to a sales site. Once at the site, automated software can take the browser by the hand and market and market the product until a sale is made. If the product is virtual like software or an e-book, no human ever needs to get involved in the transaction (other than the buyer).
Another example of an online P.I.G is an affiliate program. Pretend you sell a digital product like an ebook or audio book. Now imagine you get to work testing all kinds of sales literature until you create a very effective selling system on your website. All you need to do now to really expand your business is drive plenty of traffic through this system. By creating an affiliate program and attracting hungry affiliates, you stand to make a greater income while working less and less. The affiliates bring in the customers, your automatic sales website does all the work and once again you get to take off to a warm sunny destination.
So no matter what business you are in, think about how you can earn more money by adding a P.I.G. What parts of your business can you automate for complete hands free operation? Could you create an entire business where you create nothing but P.I.Gs? How much more money, free time and luxury would that add to your business and lifestyle?
Formula To Achieve Success Online. Copyright 2004 Patric ChanI’m writing this article because I thought you might want to know my formula for successfor my online business. This sounds very simple and yet, it mightchange your whole mindset. It applies whenyou are building your own online business. Throughout my journey to achieve success,I’ve encountered many people who struggled to achieve success online. Most of them ask me q...
For Those Who Are Really Sick Of Their Jobs Working For Others Copyright 2005 Woon Sung LiangIf you’re given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month, for 20 years if not for life, which would you choose?If you work only once and get paid many times over, you’re earning a RESIDUAL INCOME. Of course you’d choose the latter.Elvis Presley to day “continues” to earn residual income even after death because his records continue to “work” for him due to continued dem...
Affiliate Marketing Pros And Cons Want an online business with a win-win opportunity for both the merchant and the publisher? Try investing your money, time and effort in affiliate marketing business and be overwhelmed by the profit you’ll get out of it. It has be...
|
 |
 |
 |
What Does It Take To Make Money Online? Copyright 2004 Darrell KnoxWhat a loaded question! Let’s narrow that down a bit and take it from the perspective of someone who wants to work from home and make money online in a home business. That will make it an easier question to answer.Let’s assume you’ve never had a website, don’t know how to get a merchant account, don’t know html, and are pretty much stuck with being an expert on sending and receiving email.What’s there for you to do online to make... |  |
| Can You Really "strike Gold" Online? Copyright 2005 Jim EdwardsI guess human nature leads us to this about every 30 - 50 years. As a history major, I studied the gold rush of 1849, the 19th century oil booms, the stock market hustles of the late 1920's, the get rich-quick mail order schemes of the 1950's and 60's and now the "Internet" gold rush of the late 1990's and early 21st century. When people perceive someone else getting rich with little or no effort, they jump on the band wagon seeking fame and fortune. In reality, in any "gold rush," the ones who really get rich represent the exception. Unfortunately, people perceive those "exceptions" as the rule, rather than the special cases they actually represent.But, if you're bound and determine... |  |
| Making Money Online "Earn a six figure income from your home online with hardly any work!" How many times have you come across a website or e-mail saying something like this? Chances are it happens a lot. Obviously it's not true, but we all wish it was. That doesn't mean that there's not money to be made online. The net is probably the best place to sell products. With that in mind, all you need are products. The best part of it all is that you don't have to create the products. There are a number of wholesalers list online right now for free (don't pay for these) that can g... |  |
| What Is Affiliate Marketing And How Do I Get Started? Definition of affiliate marketing:Affiliate marketing is taking someone else's product or service and advertising it using your own affiliate website or link in order to make money. The owner of the website/product/service will pay you a percentage of each sale generated through your unique affiliate link or website. Sounds a bit confusing, but in reality is a very simple process with a win/win situation for all parties involved an... |  |
| Network Marketing Internet Business Do's And Don'ts Why did you start your own network marketing internet business?Most people immediately respond, “for the money!” However, thisis not the real reason. No one subjects them to the hard work of building a businessjust for little pieces of paper with the... |  |
| Affiliate Marketing Pros And Cons Want an online business with a win-win opportunity for both the merchant and the publisher? Try investing your money, time and effort in affiliate marketing business and be overwhelmed by the profit you’ll get out of it. It has be... |  |
|
|