A 401(k) plan has lots of fees, and savvy investors may be aware of various investment-related charges – such as a management fee to a mutual fund manager's or the sales commission paid when making a transaction.
What most people don't know, however, is that 401(k) plans also include several other hidden fees that can eat away at their investments.
These include so-called "12b-1 fees" (which are marketing fees passed along to investors) and administrative costs of various types imposed by retirement plan sponsors.
Finding these fees isn't easy. In fact, you have to pore over a fund's prospectus and an annual report to ferret out exactly what charges are imposed by a 401(k) retirement plan.
Perhaps this explains why, according to an AARP survey, more than 80% of retirement plan participants have no idea what their 401(k) charges. Even worse, some people mistakenly think that investing in their 401(k) plan on the job is "free" and that no fees are charged.
In reality, in 2009, 401(k) investors in stock funds paid an average expense of .74% of their assets, while the typical bond investor paid an average of .55%, according to a report from the Investment Company Institute.
Think small numbers don't make a big difference? Think again. A GAO report found that a typical retiree will lose about $100,000 when their 401(k) plan has fees of 1.5%, instead of .5% in fees. That's just a one percentage-point difference, but it has a huge impact.
Fortunately, there is some good news on this topic and change is soon coming. Under new guidelines issued by the U.S. Labor Department, by January 1, 2012 retirement plans will have to do a better job of clearly disclosing their fees and charges. Right now, disclosure is murky at best.
In the meantime, until disclosure improves, there is an easy way to see what your employer-sponsored retirement plan is costing you.
A company called BrightScope rolled out a free service in 2009 that will rate your 401(k) plan. BrightScope has analyzed 50,000 retirement plans, which represents about 90% of the $3 trillion held in 401(k) plans.
BrightScope offers a free analysis called a Personal 401(k) fee report. It's a tool that breaks down exactly how much you're paying to have that 401(k) – in terms of a fund's overall expenses, administrative charges, marketing fees and so on.
Based on BrightScope's data, fees are all over the board, ranging from as little as .20% to as much as 5%. Small plans typically charge more than large plans, mainly because the smaller plans can't achieve the same economies of scale.
Curious to know what fees you're paying to invest through your company's 401(k) plan? Visit BrightScope's site and find out in about three minutes.
When profits are down business owners tend to dwell on formulating the next big idea, a new marketing strategy, and, of course, on what they are doing wrong. But there are other areas that many people don’t think of exploring - or avoid all together. These are the emotional blocks to money, success and happiness.
Money, or the lack of, stimulates fear. Survival instincts are threatened and negative emotions that may have been stored deep inside will often surface, only to aggravate the situation and lessen the ability to succeed.
Let’s take a look at three areas that you can explore to free yourself of the emotional barriers that will keep you from the success and profits that you deserve.
Forgiveness – If you are an entrepreneur then you have most likely suffered your share of financial trauma. After all, entrepreneurs are risk takers and money is one of the first things we put at risk when we have an idea that we belief in. Money loss is a trauma that we tend to minimize because it’s “just money”. But financial security is an important value to nearly everyone because it dictates our ability to survive in this world. For men, who our ancestors labeled as the providers, financial security is often a very important core value. Therefore, losing money can affect them to the core and the guilt, shame and worry may remain embedded within them for a very long time.
It’s time to forgive yourself. Plain and simple; being an entrepreneur isn’t always a choice – it’s who you are. Taking risk is a part of the learning and the experience that takes you toward success. If that means that you “fail” from time to time, so be it. Releasing this emotion and pain is critical to your future success. Guilt and shame create a heavy burden, how can you let it go?
Consider some less conventional techniques like hypnosis or the emotional freedom techniques. Sometimes talking about it and rationalizing it isn’t enough. Take another risk and find a new way to let go so that you can let success into your life.
Feeling – If you can’t feel wealth, you won’t attract wealth. How much do you believe that you were born to achieve success? Can you close your eyes and feel, smell – truly experience wealth? This is something to practice on a daily basis. The more you believe it and experience it, the more your behavior and thinking will shift to allow for wealth. Begin with only 30-60 seconds of imagining your life of success. Create a snapshot of your successful future and practice stepping into the feeling of it. You might notice a swelling of the heart, the sensation of excitement and expectation, or a sense of overall peace. Hold this positive feeling in place and get used to it. Increase the time of your visualization as you become more adept at it. Before long you will begin to notice opportunities coming into your life or things may just begin falling into place for you. It’s a simple attitude adjustment that will make a difference.
Fearlessness – Fear has a paralyzing effect on our creativity and ability to act. If you are living in fear you are less likely to have a clear picture of your next action steps. You may find that procrastination and overwhelm are your daily companions and at the end of the day it seems nothing notable has been achieved. Sound familiar? It’s time to let go of the fear and step into your fearless state. I’m not suggesting that you become reckless, but that you find creative ways to rectify your situation and act from a collected, rational, and confident place.
If money is an issue you’ve probably run circles in your mind trying to think of solutions but haven’t acted on any of them. Is it time for a part time job? This doesn’t mean you are quitting your dream, just allowing it to become a bit more accessible. Do you have another skill that you can put to work while you build your business? Can you market to past customers to create a boost in sales? Think outside of the box and act on your solution.
Do you have a fear of success or failure? If you perceive that there are any negative consequences to success it's time to explore this limiting belief. Again, try something that may be considered “unconventional” to explore if these fears exist so that you can let them go. Ask someone who you see as successful what they’ve done to combat their fears – believe me, they’ve had them too! And try stepping out of the box to experience a different type of risk and reignite your energy. Is there something adventurous that you’ve always wanted to try but never have? What will “shake it up” a bit to unearth your courage and commitment to moving forward? How can you break the pattern and step into your fearless state?
These may sound like simple steps, but this type of change is a tall order. Surround yourself with support as you make create change; a coach, mentor and mastermind group are all a tremendous source of support and fresh ideas.
Have you found your way to a “Million Dollar Mindset?” Share your experience and tips with us here!
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
A 401(k) plan has lots of fees, and savvy investors may be aware of various investment-related charges – such as a management fee to a mutual fund manager's or the sales commission paid when making a transaction.
What most people don't know, however, is that 401(k) plans also include several other hidden fees that can eat away at their investments.
These include so-called "12b-1 fees" (which are marketing fees passed along to investors) and administrative costs of various types imposed by retirement plan sponsors.
Finding these fees isn't easy. In fact, you have to pore over a fund's prospectus and an annual report to ferret out exactly what charges are imposed by a 401(k) retirement plan.
Perhaps this explains why, according to an AARP survey, more than 80% of retirement plan participants have no idea what their 401(k) charges. Even worse, some people mistakenly think that investing in their 401(k) plan on the job is "free" and that no fees are charged.
In reality, in 2009, 401(k) investors in stock funds paid an average expense of .74% of their assets, while the typical bond investor paid an average of .55%, according to a report from the Investment Company Institute.
Think small numbers don't make a big difference? Think again. A GAO report found that a typical retiree will lose about $100,000 when their 401(k) plan has fees of 1.5%, instead of .5% in fees. That's just a one percentage-point difference, but it has a huge impact.
Fortunately, there is some good news on this topic and change is soon coming. Under new guidelines issued by the U.S. Labor Department, by January 1, 2012 retirement plans will have to do a better job of clearly disclosing their fees and charges. Right now, disclosure is murky at best.
In the meantime, until disclosure improves, there is an easy way to see what your employer-sponsored retirement plan is costing you.
A company called BrightScope rolled out a free service in 2009 that will rate your 401(k) plan. BrightScope has analyzed 50,000 retirement plans, which represents about 90% of the $3 trillion held in 401(k) plans.
BrightScope offers a free analysis called a Personal 401(k) fee report. It's a tool that breaks down exactly how much you're paying to have that 401(k) – in terms of a fund's overall expenses, administrative charges, marketing fees and so on.
Based on BrightScope's data, fees are all over the board, ranging from as little as .20% to as much as 5%. Small plans typically charge more than large plans, mainly because the smaller plans can't achieve the same economies of scale.
Curious to know what fees you're paying to invest through your company's 401(k) plan? Visit BrightScope's site and find out in about three minutes.
When profits are down business owners tend to dwell on formulating the next big idea, a new marketing strategy, and, of course, on what they are doing wrong. But there are other areas that many people don’t think of exploring - or avoid all together. These are the emotional blocks to money, success and happiness.
Money, or the lack of, stimulates fear. Survival instincts are threatened and negative emotions that may have been stored deep inside will often surface, only to aggravate the situation and lessen the ability to succeed.
Let’s take a look at three areas that you can explore to free yourself of the emotional barriers that will keep you from the success and profits that you deserve.
Forgiveness – If you are an entrepreneur then you have most likely suffered your share of financial trauma. After all, entrepreneurs are risk takers and money is one of the first things we put at risk when we have an idea that we belief in. Money loss is a trauma that we tend to minimize because it’s “just money”. But financial security is an important value to nearly everyone because it dictates our ability to survive in this world. For men, who our ancestors labeled as the providers, financial security is often a very important core value. Therefore, losing money can affect them to the core and the guilt, shame and worry may remain embedded within them for a very long time.
It’s time to forgive yourself. Plain and simple; being an entrepreneur isn’t always a choice – it’s who you are. Taking risk is a part of the learning and the experience that takes you toward success. If that means that you “fail” from time to time, so be it. Releasing this emotion and pain is critical to your future success. Guilt and shame create a heavy burden, how can you let it go?
Consider some less conventional techniques like hypnosis or the emotional freedom techniques. Sometimes talking about it and rationalizing it isn’t enough. Take another risk and find a new way to let go so that you can let success into your life.
Feeling – If you can’t feel wealth, you won’t attract wealth. How much do you believe that you were born to achieve success? Can you close your eyes and feel, smell – truly experience wealth? This is something to practice on a daily basis. The more you believe it and experience it, the more your behavior and thinking will shift to allow for wealth. Begin with only 30-60 seconds of imagining your life of success. Create a snapshot of your successful future and practice stepping into the feeling of it. You might notice a swelling of the heart, the sensation of excitement and expectation, or a sense of overall peace. Hold this positive feeling in place and get used to it. Increase the time of your visualization as you become more adept at it. Before long you will begin to notice opportunities coming into your life or things may just begin falling into place for you. It’s a simple attitude adjustment that will make a difference.
Fearlessness – Fear has a paralyzing effect on our creativity and ability to act. If you are living in fear you are less likely to have a clear picture of your next action steps. You may find that procrastination and overwhelm are your daily companions and at the end of the day it seems nothing notable has been achieved. Sound familiar? It’s time to let go of the fear and step into your fearless state. I’m not suggesting that you become reckless, but that you find creative ways to rectify your situation and act from a collected, rational, and confident place.
If money is an issue you’ve probably run circles in your mind trying to think of solutions but haven’t acted on any of them. Is it time for a part time job? This doesn’t mean you are quitting your dream, just allowing it to become a bit more accessible. Do you have another skill that you can put to work while you build your business? Can you market to past customers to create a boost in sales? Think outside of the box and act on your solution.
Do you have a fear of success or failure? If you perceive that there are any negative consequences to success it's time to explore this limiting belief. Again, try something that may be considered “unconventional” to explore if these fears exist so that you can let them go. Ask someone who you see as successful what they’ve done to combat their fears – believe me, they’ve had them too! And try stepping out of the box to experience a different type of risk and reignite your energy. Is there something adventurous that you’ve always wanted to try but never have? What will “shake it up” a bit to unearth your courage and commitment to moving forward? How can you break the pattern and step into your fearless state?
These may sound like simple steps, but this type of change is a tall order. Surround yourself with support as you make create change; a coach, mentor and mastermind group are all a tremendous source of support and fresh ideas.
Have you found your way to a “Million Dollar Mindset?” Share your experience and tips with us here!
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
bench craft company
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
A 401(k) plan has lots of fees, and savvy investors may be aware of various investment-related charges – such as a management fee to a mutual fund manager's or the sales commission paid when making a transaction.
What most people don't know, however, is that 401(k) plans also include several other hidden fees that can eat away at their investments.
These include so-called "12b-1 fees" (which are marketing fees passed along to investors) and administrative costs of various types imposed by retirement plan sponsors.
Finding these fees isn't easy. In fact, you have to pore over a fund's prospectus and an annual report to ferret out exactly what charges are imposed by a 401(k) retirement plan.
Perhaps this explains why, according to an AARP survey, more than 80% of retirement plan participants have no idea what their 401(k) charges. Even worse, some people mistakenly think that investing in their 401(k) plan on the job is "free" and that no fees are charged.
In reality, in 2009, 401(k) investors in stock funds paid an average expense of .74% of their assets, while the typical bond investor paid an average of .55%, according to a report from the Investment Company Institute.
Think small numbers don't make a big difference? Think again. A GAO report found that a typical retiree will lose about $100,000 when their 401(k) plan has fees of 1.5%, instead of .5% in fees. That's just a one percentage-point difference, but it has a huge impact.
Fortunately, there is some good news on this topic and change is soon coming. Under new guidelines issued by the U.S. Labor Department, by January 1, 2012 retirement plans will have to do a better job of clearly disclosing their fees and charges. Right now, disclosure is murky at best.
In the meantime, until disclosure improves, there is an easy way to see what your employer-sponsored retirement plan is costing you.
A company called BrightScope rolled out a free service in 2009 that will rate your 401(k) plan. BrightScope has analyzed 50,000 retirement plans, which represents about 90% of the $3 trillion held in 401(k) plans.
BrightScope offers a free analysis called a Personal 401(k) fee report. It's a tool that breaks down exactly how much you're paying to have that 401(k) – in terms of a fund's overall expenses, administrative charges, marketing fees and so on.
Based on BrightScope's data, fees are all over the board, ranging from as little as .20% to as much as 5%. Small plans typically charge more than large plans, mainly because the smaller plans can't achieve the same economies of scale.
Curious to know what fees you're paying to invest through your company's 401(k) plan? Visit BrightScope's site and find out in about three minutes.
When profits are down business owners tend to dwell on formulating the next big idea, a new marketing strategy, and, of course, on what they are doing wrong. But there are other areas that many people don’t think of exploring - or avoid all together. These are the emotional blocks to money, success and happiness.
Money, or the lack of, stimulates fear. Survival instincts are threatened and negative emotions that may have been stored deep inside will often surface, only to aggravate the situation and lessen the ability to succeed.
Let’s take a look at three areas that you can explore to free yourself of the emotional barriers that will keep you from the success and profits that you deserve.
Forgiveness – If you are an entrepreneur then you have most likely suffered your share of financial trauma. After all, entrepreneurs are risk takers and money is one of the first things we put at risk when we have an idea that we belief in. Money loss is a trauma that we tend to minimize because it’s “just money”. But financial security is an important value to nearly everyone because it dictates our ability to survive in this world. For men, who our ancestors labeled as the providers, financial security is often a very important core value. Therefore, losing money can affect them to the core and the guilt, shame and worry may remain embedded within them for a very long time.
It’s time to forgive yourself. Plain and simple; being an entrepreneur isn’t always a choice – it’s who you are. Taking risk is a part of the learning and the experience that takes you toward success. If that means that you “fail” from time to time, so be it. Releasing this emotion and pain is critical to your future success. Guilt and shame create a heavy burden, how can you let it go?
Consider some less conventional techniques like hypnosis or the emotional freedom techniques. Sometimes talking about it and rationalizing it isn’t enough. Take another risk and find a new way to let go so that you can let success into your life.
Feeling – If you can’t feel wealth, you won’t attract wealth. How much do you believe that you were born to achieve success? Can you close your eyes and feel, smell – truly experience wealth? This is something to practice on a daily basis. The more you believe it and experience it, the more your behavior and thinking will shift to allow for wealth. Begin with only 30-60 seconds of imagining your life of success. Create a snapshot of your successful future and practice stepping into the feeling of it. You might notice a swelling of the heart, the sensation of excitement and expectation, or a sense of overall peace. Hold this positive feeling in place and get used to it. Increase the time of your visualization as you become more adept at it. Before long you will begin to notice opportunities coming into your life or things may just begin falling into place for you. It’s a simple attitude adjustment that will make a difference.
Fearlessness – Fear has a paralyzing effect on our creativity and ability to act. If you are living in fear you are less likely to have a clear picture of your next action steps. You may find that procrastination and overwhelm are your daily companions and at the end of the day it seems nothing notable has been achieved. Sound familiar? It’s time to let go of the fear and step into your fearless state. I’m not suggesting that you become reckless, but that you find creative ways to rectify your situation and act from a collected, rational, and confident place.
If money is an issue you’ve probably run circles in your mind trying to think of solutions but haven’t acted on any of them. Is it time for a part time job? This doesn’t mean you are quitting your dream, just allowing it to become a bit more accessible. Do you have another skill that you can put to work while you build your business? Can you market to past customers to create a boost in sales? Think outside of the box and act on your solution.
Do you have a fear of success or failure? If you perceive that there are any negative consequences to success it's time to explore this limiting belief. Again, try something that may be considered “unconventional” to explore if these fears exist so that you can let them go. Ask someone who you see as successful what they’ve done to combat their fears – believe me, they’ve had them too! And try stepping out of the box to experience a different type of risk and reignite your energy. Is there something adventurous that you’ve always wanted to try but never have? What will “shake it up” a bit to unearth your courage and commitment to moving forward? How can you break the pattern and step into your fearless state?
These may sound like simple steps, but this type of change is a tall order. Surround yourself with support as you make create change; a coach, mentor and mastermind group are all a tremendous source of support and fresh ideas.
Have you found your way to a “Million Dollar Mindset?” Share your experience and tips with us here!
bench craft company
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
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bench craft company
FOX <b>News</b> Propels <b>News</b> Corp to Profit Growth
News Corporation (News Corp) is the world's second-largest media conglomerate (behind The Walt Disney Company) as of 2008 and the world's third largest in entertainment as of 2009. The company's Chairman, Chief Executive. ...
<b>News</b> Corp's Carey: MySpace's Ongoing Losses 'Not Acceptable Or <b>...</b>
Continued MySpace (NSDQ: NWS) declines pulled down News Corp.'s digital media group earnings again in its first quarter, meaning operating losses in the company's Other segment grew by $30 million from last year, to $156 million. ...
Fox <b>News</b> Dominates Election Ratings – Deadline.com
UPDATED WITH FINAL NUMBERS: Fox News towered over the competition -- cable and broadcast -- with its midterm election coverage last night. According to Nielsen, Fox News averaged 7 million viewers in primetime, up 128% from the ...
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If you have a popular blog or a website with rather high volumes of traffic, have you ever considered using affiliate marketing to make some extra cash on the side? Affiliate marketing is a simple way to make money quickly and efficiently and you will be surprised by how easy it is to make money fast by simply allowing advertisers some space on your website or blog.
Make Money Online Quickly with Affiliate Marketing
Advertisers like to use affiliate marketing because they can run their advertisements for virtually free on blogs, vlogs, and websites. Payouts come when a conversion is made. A conversion is when someone clicks the advertisement or link on your blog or website and then purchases a product or service from the advertiser. Sometimes the advertiser will pay you a percentage of the product amount as your commission or you will be paid a base rate for each sell. This all will be determined during the negotiating process.
You Can Make Money Writing Blogs or Running a Website
You, the publisher, are very valuable to advertisers of products or services especially if your niche blends well with their product or service. To quickly make money online with affiliate marketing you need to have your ducks in a row. First, you need either a blog or a website. If you already have these in place and you have high traffic, a good readership, readers that trust you, and most importantly, visitors to your site or blog that are in the buying mood; you are more likely to get better advertisers for your site and your affiliate marketing experience will be more rewarding and your account will grow.
Make Money From Your Blog or Site for Each Conversion
When you sign up to be involved in affiliate marketing, you will be given a unique code. This code, which will be placed in the advertisement space or banner code or possible in a hyperlink, will show to the advertisers that the products or services purchased came from your site or blog. Most all affiliate marketing involves payment only if a conversion is made from your link.
Make Money Online by Avoiding Some Common Mistakes with Affiliate Marketing
Below are some things you want to avoid if you want to make money doing affiliate marketing while also maintaining the trust and traffic to your blog or website.
First of all, only endorse or allow ads on your site that are relevant to your site or blog. If your blog involves giving reviews of the latest or greatest books, you would not want advertisements for Viagra. Your best bet in this situation would be to use the Amazon Widget. Whatever book or product you review that is available on Amazon can be placed in a widget on your blog. If the reader enjoys your review they can simply click the Amazon Widget and be taken directly to that site to purchase the product. Voila! A conversion has been made and your wallet has just gotten fatter.
If you have a website that deals with just about any niche, then Google AdSense is a good affiliate marketing group to team up with. Google AdSense will add ads to your site that are relevant to the niche of your webpage. Check the TOS before applying for Google AdSense or similar sites to make sure that you are getting the most bang for your buck. If ad space is going to be used on your site, you want to make sure that it is not going to take away too much from the validity of your site. Some site visitors may be taken back by an overwhelming amount of ads on your page and either stop visiting your page or lose faith and confidence in you.
Affiliate Marketing: Don't Endorse a Product or Service You Wouldn't or Haven't Used
Be sure that any product or service you endorse or allow on your site or blog is something you yourself would use or have used. You do not want to promote a product that will cause your readers or visitors to lose faith in you. Affiliate marketing is a good way to make money, but at what cost? Do your research and ensure that the products you allow to be advertised are good for your visitors and readers and will benefit them. It is also a good idea to learn how to write good sales copy as this will increase your chances of affiliate marketing conversion and help you make money fast by simply letting the sales copy sit on your page or blog.
It isn't likely that you will make millions of dollars by doing affiliate marketing, but some people have reported making over a grand a month by simply using some affiliate marketing on their site or blog. This generally happens for people who have well established blogs or websites. If you don't have a blog or site yet, you can get one easily and oftentimes for free. Write or review things that are important and interesting to you and build a readership and increase traffic to your site with Search Engine Optimization. Once you have built up your readership, your trust with your visitors, and have a worthy site then apply to do affiliate marketing with businesses.
Getting on the Right Track to Affiliate Marketing
Some popular affiliate marketing partners are of course, Google AdSense, AdWords, AdCenter, OverTure, Amazon, and checking in with Face Book affiliates. You can use one or several on your site or blog but the most important thing is that the product or service offered is legit. Making money is great, making money quickly is awesome, but if the product or service is a bomb, then you run the risk of losing all trust and faith from your readers and therefore sells will go down as will hits on your site or blog. These are, of course, not the only sites you can use for affiliate marketing. These sites are large and generally easy to get in to. They each have their perks and their downfalls. Once you become more comfortable with Affiliate Marketing, you can contact businesses and request an affiliate marketing partnership with them.
Sources:
Google AdSense
Amazon
AdWords
OverTure
AdCenter
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