Tuesday, November 24, 2015

Difference between MLM and Pyramid Scheme

How to spot a Pyramid Scheme

Opportunity or Scam?

Difference between MLM and Pyramid SchemeMany new Online Marketers are not aware of the fact that pyramid schemes are illegal. To add injury to insult, the majority of people who spend money on a pyramid scheme end up with losses. The damaged reputation is free. 

Most pyramid schemes are pretty good at motivating you to annoy and bug everyone around you - starting with your friends and family. 

Pyramid schemes used to collapse latest after 2-3 years. With the speed information spreads over the internet, they tend to collapse way faster nowadays. Sometimes from intervention by the government, most often because they are not able to generate new "customers" once the word of the scam goes around. 

Only a few people on top of the pyramid make money. Not by selling products to end customer or businesses, but by fooling you with a vision of unlimited income. 

Some forms of Multilevel Marketing are legit (if you are into that which I am not) but  it can be hard to spot which is which. 

Monday, November 23, 2015

3 Crucial Tips for New Online Businesses

3 reasons why new Online Businesses fail

1. Tools for Online Businesses

3 Crucial Tips for New Online BusinessesRule Number One: Spending your days evaluating the next "greatest thing of all time" will not help you with your business.

Tools have certain functions and some are better than others. Some systems work better than others - but no system you do not follow consequently will work.

Driving a slower car steadily towards the destination will get you there faster than stopping over and over again to test drive the next fast car.

It´s a great idea to stay up to date. But many get lost in the sea of claims and promises.

Friday, November 20, 2015

Do you still need Business Cards?

Do you still need business cards?The Case of Business Cards

Outdated or still a thing?

I am reading many articles that state that Business Cards are over. In times of smartphones, emails and such many people do not see a reason to have them anymore.

Especially Online Entrepreneurs, Website Owners and Affiliate Marketers are of the opinion that Business Cards are a relict of the 90ties.

They are missing out on a lot of opportunities.

Thursday, November 12, 2015

Start your Online Psychic Business

Start your Online Psychic BusinessThis niche is especially popular with women. It can be a great way of making a lot of money by helping other people - but most people fail because they do it all wrong.

Profitable Niche:  Online Psychic Business

How to make your Psychic business successful

Generally speaking, there are two groups of people who make the decision to start an online psychic business. It is a huge market and profitable niche. 

There are those who have a gift or learned that craft (or are willing to learn) and those who do not believe in intuition or astrology and want to make a quick buck. 

I cater to the first group. As with any other profession, you will not be able to create long-term success for yourself if you have no clue about what you are doing.

The Psychic Business has a hard time when it comes to the public opinion. A lot of scammers, false expectations (psychics are NOT and legit ones do not claim to be fortune tellers) and movies made sure of that.

Still the psychic business is a 2 billion $$ market with an annual growth rate of 2.4 %. This number does not even take into account astrology and all of the private psychics that are not included in these statistics. You can get the full Ibis industry report HERE.

Tuesday, November 10, 2015

Comcast Data Cap and Net Neutrality

Comcast introduces data cap

Voted the 4th most hated company

Comcast Data Cap

Polarizing Seattle-based mass media company Comcast starts implementing data caps in markets from Alabama to Maine. In these "trial" markets, the new data limit is 300 GB. 

Users who exceed this limit will be charged $ 10 for every 50 GB over the limit. Recent news articles state that for a monthly fee of $ 30 - $ 35 customers can remove the data cap for good. Basically, unlimited data would still be available just with a drastic price increase. 

Currently, the "internet only" products start at $ 57 (including the modem) for a 6 Mbps connection. The most commonly used internet product is the "performance" 20 Mbps product for $ 75. 

Comcast Data Cap and Net Neutrality
Source: Consumer Affairs
A leak of a customer service representative script revealed that Comcast does not wish for it to be referred to as "data cap". Customers mumbling: "data cap" or "net neutrality" on a support call are being escalated to a special service team. 

With their reputation already being a mess, Comcast unleashes another wave of negative publicity. 

Comcast claims that only around 10 % of the customers would fall into the new data cap. Comcast sells a lot of complete packages (phone / tv / phone service) to people who do not use the internet so that this number is probably not accurate.

In times where more and more customers are ditching their tv service in favor of internet streaming and connect more and more devices via WiFi, data usage will further climb. Just watching a 2 hour HD movie uses 3 GB.

Comcast service reps deny that they take this measure due to net congestion. The official wording is "fairness".

Monday, November 9, 2015

The LinkedIn trick nobody tells you

The LinkedIn Trick nobody tells you

Marketing on LinkedIn

A simple but effective trick

A lot of marketers - out of enthusiasm or because they just don´t care if they spam - make a crucial mistake on LinkedIn. They send marketing messages to people they otherwise do not interact with.

LinkedIn connections are valuable and should be treated as such. LinkedIn is the most difficult and most rewarding platform. The large amount of professionals on LinkedIn makes it the potentially most profitable network.

Sunday, November 8, 2015

Commission Gorilla Review

Review Commission Gorilla for Affiliate Marketers 

Available from November 9th will be what could be the next big thing for Affiliate Marketers: Commission Gorilla

Affiliate Marketers are always hunting for the holy grail. An edge to boost up those conversation rates. I came across Commission Gorilla when searching for a tool to create my coaching offer and I had the pleasure to get early access and test Commission Gorilla for you.

Commission Gorilla Review

 What is Commission Gorilla? 

Commission Gorilla is a joint project between PromoteLabs and MediaKettle. It is a SaaS platform that simplifies and automates the process of creating enticing offers and enables Affiliate Marketers to skyrocket their conversion rates and double, triple or even quadruple their commissions.

Made from Top Affiliates for Affiliates, Commission Gorilla automates and simplifies the process of standing out by adding value to your offers.

12 months of planning, developing and tweaking has gone into the creation of Commission Gorilla. As far as I am aware of there is nothing like that tool on the market. I am very skeptical when it comes to new "game changers". As we all know most of them only change the game for the seller who takes our money.

Commission Gorilla Features

Saturday, November 7, 2015

Do you need Klout (klout.com) - A Review

Review of Klout.com 

Is Klout scam or useful?

Klout is a site that claims to help people and companies to "unlock their influence".

Basically, you connect all of your social networking sites and Klout scores you from 1 - 100. They claim that over 200K companies and over 620 million users use Klout. Keep those numbers in mind please, you will see in a bit where I am going with this.

I recently signed up to Klout after the 12th person told me it is really essential and important. Just another site that rates you. We need more of those, right?

Here is a great advice for new online businesses and especially new blogs: Do not use sarcasm in a post. Ever. The people do not know you, they do not see your facial expression and there is a good chance for misunderstanding. That said, I cannot help myself when it comes to Klout.

So here I am
Klout Review