Posts Tagged ‘Start an internet business’
High Speed Internet Acess–How is yours?
This is an update to some past posts and comments on my High Speed internet connections.
Today we are using Clear High Speed wireless and Sudden Link for TV and a backup internet connection. Sudden link has been adequate for TV. Sudden Link internet speed still sucks.
Clear is not much better here is a list of the problems reported to Clear:
- System went down after upgrade to”new high speed modem”. Excuse–we upgraded to fast should be working fine by Oct 5, 2010.
- System Went down due to upgraded modem failure. Clear shipped “new improved modem”. System immediately went down reason unknown–trouble ticket filed.
- System down for a week due to upgrades. However the old 1.5 meg system worked at about 1000 K.
- System down called for status. Tech could not give a reason for system being down.
There are other problems, but I believe that Clear will eventually get their problems solved.
Update on Sudden Link:
- TV is still good but promised new channels have not materialized.
- Internet is still bad. Problem is that Sudden Link has oversold their bandwidth.
- Sudden Link has been taken over by Charter Communications. Charter has the worst record for customer service in the industry. Expect your internet service to get worse.
I really don’t have a good internet service provider at this point. Benton REA our local electrical coop is in the internet business also and are trying hard to get better speeds, however they recently signed an agreement with Charter to provide them with band width. So for me this does not look like a good solution either.
I personally thank everyone that has commented on this blog and will try to answer some of the comments. Almost all comments have been great.
Bud
UPDATE ON TRUMP NETWORK
UP DATE–Trump Network Compared To Other MLM Programs
UPDATE
THE BLACK HAT SIDE OF THE TRUMP NETWORK
Remember the old Black Hat Amway tactics. Remember the great of Amway and the great shows that they put on with groups like the Goads. The big pitch was that you could not succeed in Amway without attending their functions. The functions were several hundred dollars that included hotel, food, and meeting tickets. I spent a lot of money on these things and never made any money. The curdling event happened one time when I heard a couple of the “Amway great” discussing the “marks” and “sucker” referring to their audience and downline. This stimulated some thinking.
Investigation of their actual Amway sales and commissions revealed that they could not be making the kind of money that they claimed from product sales. The most of their money was coming from the “BLACK HAT” activities. The mandatory functions, tapes and motivational materials. Some of this was good but the majority was junk.
Why is this important to a discussion of the Trump Network. When you sign up for the Trump Network the first email that you get is—you guessed– is an invitation to attend a function. Good marketing if you are selling functions and plan to make the majority of your money selling hype. This appears to be the plan of the Trump Network. One thing is sure the Trump Network is going to put a lot of money in Donald’s pocket. (It will remove this money from the majority of those that sign up for it.
The latest hot item on internet marketing is the Trump Network. How does the Trump Network compare to other network marketing programs. The following areas were evaluated to compare two of the most popular internet network marketing programs:
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Commission Schedule
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Products
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Consumer involvement
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What is included in entry kit
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Annual fees.
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Projected annual household income of customer.
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World wide shipping arrangements.
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Cost of tools and training.
The two Multilevel Marketing Programs (MLM) that will be compared are Strong Future International (SFI) and the Trump Network (TN). The internet is alive with the pre-launch hype for the Trump Network while SFI has been around since 1998. Both of these networks have the goal to allow folks to make money online.
Commission Schedule
The Trump Network appears to be heavily load to produce large income for the higher levels of the upline and the lower tiers are the pawns to the upper levels. SFI has a more balance approach but levels for earnings are higher. Both will be very profitable for the person that make an effort and realizes the limitations of the individual program.
Products
Trump Network at this time has release information on only one product. It is a updated version of the old Amway Vitamin line. The hype is that this one is individually tailored to meet your needs. I take this with reservations. It is an expensive product costing about $60 per individual per month.
SFI has a large and diversified product line. This company provides some product that anyone can get excited about. They even have a sales site in the Triple Clicks line that allows you to sell items in much the same way as eBay. They offer the MaxMall line that has over 170 stores to chose products from.
What Is Included In Kit
The SFI entry kit is basically a web site access that has the only cost of being your email address. This give you access to their affiliate program and the ability to by products and sign up new affiliates in your down line. This gives you access to the complete training program. The only upsell to this basic entry level is the “eye earn program” and it cost 20 bucks.
The Trump Network has two entry levels. The quick start method that sells for $497.00 and the basic level that sells for $48.00. The only difference that I can see to these two levels is that for the first couple of months the high priced version allows you access to some of the higher level stuff what ever that is. I have not viewed the Trump Training program.
Annual Fees
The Trump Network has an annual fee for membership as can best be determined from the web site. (I have not yet purchased a membership) The annual fees may well be discussed in the membership package.
Since SFI is a free entry MLM business no annual fees are charged.
Projected Annual Household Income of Customer
Since the cost of the product for The Trump Network is $60.00 per month per individual the annual income of the customer family for a four member family would be about $100,000 per year. Assuming that only the two adults in the family took the supplements the cost would be $1400 per year for the family. In order to have $1400 per year discretionary income the family would need to bring home over $80,000 per year or about $100,000 gross income.
SFI has no minimum requirements however they also would like you to sign up for a minimum program. All MLM’s push minimum product usage. This ensures the life of the program. Even if clients only buy for themselves the company is secure.
World Wide Shipping Arrangements
Trump Network may not be able to ship their product, at least the current product world wide. There may be many governmental and health restrictions for the import of these product in many countries. The folks at SFI have become a truly world wide company with the addition or regional supply centers and local business where there products can be picked up.
Cost Of Tools And Training
The cost of tools to build your MLM business is always a consideration in the decision to join a program. The entry level cost of the Trump Network is either $497 or $48. The $497 program seems to have more tools and training available. The $48 is a bare bones entry program and it appears that you are mostly on your own at this level.
The SFI program has no cost to join but they offer a basic advertising package for $20.00 called the Eye Earn package. It looks to be a pretty good deal.
The cost of training for the SFI program is included for free. It consist of many pages of text and a lot of video. I can’t tell you exactly what the Trump training program looks like but for the cost it better be good.
THE BLACK HAT SIDE OF THE TRUMP NETWORK
Remember the old Black Hat Amway tactics. Remember the great of Amway and the great shows that they put on with groups like the Goads. The big pitch was that you could not succeed in Amway without attending their functions. The functions were several hundred dollars that included hotel, food, and meeting tickets. I spent a lot of money on these things and never made any money. The curdling event happened one time when I heard a couple of the “Amway great” discussing the “marks” and “sucker” referring to their audience and downline. This stimulated some thinking.
Investigation of their actual Amway sales and commissions revealed that they could not be making the kind of money that they claimed from product sales. The most of their money was coming from the “BLACK HAT” activities. The mandatory functions, tapes and motivational materials. Some of this was good but the majority was junk.
Why is this important to a discussion of the Trump Network. When you sign up for the Trump Network the first email that you get is—you guessed– is an invitation to attend a function. Good marketing if you are selling functions and plan to make the majority of your money selling hype. This appears to be the plan of the Trump Network. One thing is sure the Trump Network is going to put a lot of money in Donald’s pocket. (It will remove this money from the majority of those that sign up for it.
Conclusion
What is the best program? The Trump Network definitely has the best media coverage. I question that if it will have that in ten years. This will certainly get it off to a flying start. If they had the products to back up the media hype it would be an excellent opportunity. Without a much broader product line it is going to be hard to make any money except for the fast start method where a chunk of the $497 sign up fee is passed to the up line. This kind of reminds me of the chain letter thing. Just maybe you can become a part of the Trump Network “BLACK HAT GANG.”
The SFI opportunity is a proven track record. They have been in business for over 10 years and are in the middle of one of the largest business expansions ever attempted. The number of new lines and stores is hard to believe. The cost with their most expensive package is less than $100.00.
If you are interested in building a business that will continue to grow and can be passed down to your kids as a profitable business is the way to go.
Another interesting thing is happening. All MLM sites that I have tried to set up as affiliates using Bit.ly URL shortner are flagged EXCEPT THE TRUMP NETWORK. I wonder where the money is?
Links to the two networks:
Trump Network http://bit.ly/uXOw9
SFI http://digg.com/u1Gdmr
WHAT IS AN INTERNET BUSINESS
What is an Internet Business
by
Charles L. Evans
Hi, This Bud Evans your Benton City Redneck Marketer. Today we are going to discuss What an internet business is and what it means to you.
The simple definition of an internet business is: “Any web based activity that generates revenue or a return for you.” This is my definition. This can be money which we all like, It can be customers for a brick and mortar business. Internet products can be digital such as movies, ebooks and reports. Hard goods are also sold over the internet.
Generally an internet business contains these Parts:
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A web site. This may be a blog or a static web site consisting of multiple pages.
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A method to collect payment–generally credit card service or PayPal.
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A plan to generate traffic
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Your personal computer
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Software to generate the web site.
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Knowledge to put it all together.
If this sound like a lot of work. It is. If you thought that you were going to click your mouse a couple of times and be instantly rich then close this video right now. I can’t help you. If you are still interested then follow the link to my pages and get some great free stuff to get you started. Just click the MAGIC BUTTON. This is an example of an affiliate link.
A favorite way to do business on the internet is eBay. Almost anything can be bought or sold through eBay. Many people use eBay to supplement their income or generate an other income stream. For many eBay has grow to be a full time business.
A second favorite business is affiliate marketing. When you sell another persons product via the internet you become their “affiliate.” Generally you promote and sell the product while the “product owner” takes care of the payment and delivery. It usually works something like this. You put a web page on the internet that promotes a product. When some one “clicks through ” (clicks to go to the affiliate sale page) a computer code is generated that tells the owner that you have sent a customer. If the customer buys the product then the product owner will pay you the agreed percentage of the purchase price.
Then that page is promoted–advertise, made visible to as many people as possible. This is accomplished by many different methods. This is called traffic generation. Just like the store downtown you need to get people in your front door.
There are lots ow ways that the internet is used to market. I use several methods to “sell” my brick and mortar repair business.
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Videos about automobile maintenance.
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A web site.
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Yellow page and internet telephone ads.
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Articles posted on the internet.
As you can see internet marketing is a large subject. Don’t visit this web site if you know every thing about internet marketing, if you don’t here is a great place to start for the beginner or the advance marketer. MAGIC BUTTON
Internet Marketing for Newbies
HOW TO FIND A WEB BASED BUSINESS
OR
EVEN SAVE YOUR BRICK AND MORTAR STORE.
BY Charles L. Evans
I have spent the last three year of my spare time investigating and trying to build various internet businesses. You would not believe the dollars I have wasted and more importantly the time. If you really want to see how foolish I was you can buy the report for $39.95. I recommend that you don’t buy it although it would have saved me thousands of dollars a couple of years ago.
There are thousand of articles and course on the web to tell you how to build an internet business. They cost for a few dollars to 10’s of thousands of dollars. Some are good some are not. Why spend a lot of money to find out what you all ready know. My advise is to look for a free course or ebook to start out. Even if you have a lot of experience on the web you need to read this book. Free Book.
Harvey Segal really out did him self on this free ebook called The Ultimate Super Tip. It include these amazing sections.
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How to sell any product.
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The Ingenious Twist
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Tools (To help you get started)
In addition for 10 bucks he supplies all the tools you need to build an internet business. I bought a tool similar to Super Rebrander and paid nearly $100 for it. The tools you need all come in this 10 dollar package. You would need to be really stupid not to check this out. Follow this link to the Magic Button.
