I was chatting on Friday with someone about my last blog post, Should you join that networking group? She agreed with the view that you need to like the people when joining a networking group.
She said that she also looked for groups with professionals from similar backgrounds to hers and who operate in similar markets. She is not looking to just make friends, but build her business along the way.
It struck me that 'building friendships that will lead to business' is a pretty good definition of the process of business networking in a group.
Good Networking! READ MORE...
Schwab just sent me a press release announcing their new series of exchange-traded funds (ETFs) that have low operating expense ratios and passively track indexes.
The most commonly-noted drawback of ETFs is that you must buy them like a stock and thus pay trade commissions. However, if you buy these within a Schwab brokerage account, there are no commissions charged. Here is a chart comparing the new Schwab ETFs and their corresponding competitor from Vanguard. The ETFs don’t necessarily track the exact same index, but they are pretty similar.
I applied for the Chase Sapphire card primarily - okay, solely - for the $100 sign-up bonus. But when I called with a question about how to redeem, I was actually startled that a human being picked on the second ring. No phone tree to navigate, no punching in my dang 16 digit number first… I didn’t even have to press 0 several times.
Now that I read their website again, I do see the sentence mentioning “direct access to dedicated live advisors”. It appears I’m not the only one to notice this:
When a Sapphire cardholder calls Chase, “a specially trained advisor picks up the phone – with no need to navigate a voice-response system.” These specially trained advisors have the goal of resolving the customer’s need on the first call. (Chase didn’t say anything about the empowerment to do so, but perhaps that’s a picayune quibble). No phone tree has to be worth at least a ten point reduction in blood pressure. Can one really put a price on health? Perhaps not, but Sapphire seems to have given it an annual fee…Actually, that last part is true for the Sapphire Preferred, but the regular Sapphire has no annual fee, and I still get zero hold times. Hey, a new feature that’s actually useful. If only the rewards structure were better. READ MORE...
Simply create a new account at SnowBomb.com with the promo bode snow1970. You should receive immediate confirmation, with the magazine sub option on the bottom of the page. Credit to FW user FatMattE.
Account ActivatedThe discounts aren’t awesome, but sometimes it can be the best deal available. For more ski deals, check out SlidingOnTheCheap. READ MORE...
You have completed the activation process. You now have access to the cheapest prices in the SnowBomb online store for the 2009/10 season.
However, with no conversion limitations, people with any income can simply contribute to a Traditional IRA and then convert that to a Roth IRA immediately afterwards.
This is great news for those higher income earners who have been previously unable to contribute to a Roth IRA. In addition, if you have been contributing to a non-deductible Traditional IRA in previous years, you can now finally convert those already-taxed funds into a Roth IRA, which is almost as good as retroactively contributing to a Roth IRA. You’ll only have to pay taxes on any gains you earned on the contributions, not the actual contributions themselves since they were already taxed before. (With the recent market performance, that isn’t much of a problem for most of us…)
One additional wrinkle is that if you have a mix of pre-tax and post-tax contributions inside all of your combined Traditional IRA funds, you cannot convert them separately. For example, if you have a mix of 50% pre-tax and 50% already-taxed funds, then any converted amount will be assumed to be 50% pre-tax and 50% post-tax. You can’t just convert the post-tax part. This could be one reason not to roll over all pre-tax 401k funds into a Traditional IRA whenever possible.
More info: IRS Publication 590, “What’s New for 2010″ READ MORE...
If you have a Discover More Card from the old $50 bonus, or any Discover card that has the earns their CashBack Bonus, you can donate your balance towards Haiti relief directly to the American Red Cross and Discover will match it 100% dollar-for-dollar, up to $1 million total. READ MORE...
Get $100 Bonuses From Credit Card Promotions
Free $100 CashThe Chase Sapphire Card is a new rewards credit card that is offering 10,000 bonus points after any first purchase on the credit card, which can be redeemed for $100 cash. No annual fee.
As a rewards card, it offers 1 point for every dollar in purchases (100 points = $1, or the usual 1% back). The nice part is that redemptions are easy - you can even redeem in $1 increments as long as above $25, so you could cash out $27 or $113 without anything left over. There are no earning caps, or points expiration dates.
In addition, you can get double points on airfare booked through their Ultimate Rewards website, as well as a “premium, dedicated service line that gives you access to a live person anytime, 24/7.”
Free $100 Gift Card + Cashback from Restaurants & Amazon.comThe new Citi Forward card is offering 11,000 ThankYou points for making just $250 in purchases and electing for paperless statements within 3 months of account opening. That’s enough points to exchange for $100 in gift cards from stores like Sears, Staples, Overstock.com, Macy’s, or Gap. In terms of ongoing rewards, you get 1 reward point for every $1 you spend on other purchases like most other cards, but this card offers a special 5 reward points for every $1 you spend on books, movies, music and restaurants. You also get 100 points each month you pay your balance on time and don’t exceed your credit limit. See my Citi Forward card review and Amazon.com & restaurants follow-up. for more details.
Free $100 Amazon.com Gift CertificateThe Starwood Preferred Guest® Credit Card from American Express is currently giving out 10,000 Starwood points for signing up and making any purchase. That’s enough for a $100 Gift Card to Amazon.com, Gap, Nordstrom, Banana Republic, and more. Not only do you get the bonus, but this card is one of my favorite rewards cards.
10,000 points are also good for up to 3 free nights at Starwood hotels like Four Points Sheraton. If you like airline miles, you can get 1.25 frequent flier miles per point, 25% more than other airline-specific cards. This card is great for people who like to travel and make the most of their existing frequent flier miles, and can be very useful for getting miles for many different airlines like Delta, American, and more. Click here for details.
Finally, if you spend $15,000 within the first six months, you get another 15,000 bonus Starpoints on top of the 15,000 earned normally. So all in all you’d get 40,000 Starpoints = 50,000 frequent flyer miles = 2 free roundtrip tickets! More info here.
Free $150 in Gift Cards
The American Express Premier Rewards Gold Card offers 15,000 Membership Rewards bonus points when you spend $1,000 in your first 3 months of Card membership. MR points are very versatile, and can be converted to 15,000 frequent flier miles in a number of programs (or 10 Southwest credits), or you can simply get $150 in gift cards at several stores like Home Depot, Crate & Barrel, or Macy’s. You can view the reward options at MembershipRewards.com. I think you can also get cash equivalents at a reduced ratio.
You can also earn another 15,000 Membership Rewards bonus points when you spend $30,000 per calendar year. No annual fee for your first year. After that it is $175, so remember to cancel within the first year if you don’t want to continue.
Call Centers have been around for a while, but haven't been widely deployed in the network marketing community. This is beginning to change. The results of those groups who use call centers have been stagering. Let me explain how call centers can help your network marketing efforts.
Home-based businesses involving network marketing have some major problems. The main one is that often times prospects who join have no idea how much work it takes to build a large group of people under them.
This is a major problem because when people join, they might try it out for a few months and then quickly become overwhelmed and then quit when they don't see the results they were hoping for. This means that all the time that the network marketer spent in getting that person to join has now been wasted.
Let me explain what a call center is, and I'll use the Coastal Call Center as an example. The coastal call center is filled with professionally-trained sales staff, who do 95% of the work for the network marketer. The coastal call center staff will answer the phone, present the business plan to prospects calling in, do all the follow-up, and eventually close the sale.
With the coastal call center model, a network marketer's main responsibility is simply to advertise, and get people to call the coastal call center phone number, with a tracking code that identifies which network marketer referred the prospect.
From the surface it may seem like the only person this benefits from the call center model is the network marketer, since they no longer have to do the grunt work of answering phones, presenting the plan and following up.
However, there is another often overlooked benefit to this. It actually helps sales tremendously because prospects are now told that they don't have to do anything except advertise. Now, advertising and marketing may not be the most appealing idea to the prospect, but it certainly beats having to do everything else along with advertising!
If your network marketing organization is not using call centers, you may want to consider opening a call center. Your group will quickly embrace the idea that they no longer have to do all the work themselves, and you will see increased sales as a result!
Internet Marketing requires you to sale other people’s products or services, or if you have decided to create your own product, sale your own. But whether you are selling your own or others, we all have one thing in common – getting traffic to our websites. But what is most important is not just getting traffic, but targeted traffic. Thus, How Do you or I get traffic to our sites?
In my early beginnings on the Internet, I tried many methods of getting traffic to my website. I was definitely a newbie in training – some of the software or services that I bought did me no good. I found, at times, that it was truly difficult to decipher which was a good deal and which was not – who was honest, and who was not – but I guess it goes with the Internet territory – and you must always do your due diligence.
However, I have found three methods of getting traffic to my site or affiliate product or service – Buying it – PPC, such as Google, Mamma, Overture, linking or the hard one Search Engine Optimization.
If you have the money to invest in Google or some of the other search engines pay-per-click programs you can make some money. Here you create an ad or ads relevant to your affiliate program, and place a bid on the keywords you select. This takes time, energy, persistence and money – and research. Also, I would advise that you read your affiliate programs rules, as well as, the rules of Google Adwords before jumping into the pay-per-click arena. You usually have to put “aff” after your ad or something similar to that – it’s dependent upon the affiliate program you are in. The idea with pay-per-click is that you pay only when the individual clicks on your ad.
Linking can be by either paid or unpaid methods. The paid methods are paying for your link to be shown in Ezines, newsletters or on other peoples’ sites. It can be costly, so the best suggestion that I can give you is to research the Ezines, newsletters and or other people sites that you want to link with before buying. In most cases, if ezines are accepting advertising, you know they must have at least 500+ subscribers, or I should say, be sure that they have at least 500+ subscribers before advertising in their ezine. Know what you are getting before you put your money down – and as they always say, be sure to read the fine print.
The unpaid method is through article creation. This requires hard work on your part, but the return will be seen in the long term. Keep in mind, your articles should be relevant and address the subject matter of your site and products. Content reigns king on the Internet – and if it is relevant to their needs – they will eventually come to read.
Search Engine Optimization
Search Engine Optimization is basically the optimization of your web pages so that you can get a decent ranking by the search engines, and thus, to pull people to your website by it relevance. This is a difficult chore and needs to continually be worked at – and within the ethics of the Search Engines.
To conclude, getting targeted people to your site is really part of growing your business. And Internet marketing – well, it’s not for the faint-hearted, but for the determined, persistent individual who wants to really make a living on-line. Thus, if you really want to make a living on-line – don’t give up and promote.