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DAY 124
Update: Thursday, 14-Jul-2005 10:29 AM
Today I wanted to talk about search engine positioning
which is a key element of success on the Internet,
especially, if it's a general site that as what
I am doing here.
The problem is that with a general site, I cannot
generate the key traffic that I need to build
the success. For example, I spent sometime doing
a general traffic analysis after looking at the
traffic logs for the site. You too can see them
via the bottom right link on this or any page.
The problem is that people are finding the site
after doing searches for phrases like "Step by
Step financial success plan". Well that is fine
and the idea is working, but the problem is that
only about 10 people make similar searches on
a monthly basis. I want to get 10 people a minute
to the site.
How
to do it? My solution is not to. My solution
is to keep building this site and use it as an
experiment, which was my intention all along.
But, my idea is to setup another site targeting
about 100 million searches a month and some very
powerful key words. The other idea I have is
that the Business Success Building area, where
my main goal was to setup a Success Building
Center is a great idea, but I can take that idea
and further refine it to say that I want to setup
a "Business Finance Area".
There are two new methods of getting a new site
indexed by Google and I'll use those to get the
business finance area listed and the sales going
asap.
UPDATE: Thursday, 14-Jul-2005 10:02 PM
My
second idea is to use Google's AdWords to drive
traffic. What you see on this site displaying
ads is Google's AdWords, which reads the text
on the site and then displays relevant ads.
On
the other hand Google's AdWords allows me to
buy traffic using any set of key words. My
plan is to devise a campaign that uses "corporate
or business credit building" and generate the
necessary traffic using the phrases.
My
goal then is to get a 200% or even 500% return
on the investment that I make. The objective
is to spend about $1,000 per month on the traffic
and generate from it a revenue of about $5,000
or more, leaving a net profit of $4,000.00,
at least.
Now
the idea sounds great, but what is even better
is that I don't need to risk the $1,000.00
to do it. I can just start with a budget of
just $100.00 dollars for example. Even better
than that is that there is a network of sites
where I can use the same key words to generate
traffic and the cost that traffic is not as
high as Google.
The
goal then is the revenue of about $200 to $500
dollars per day using the site and the network
that I have put together.
Other
decisions included setting up another PAYPAL
account for selling from the site, and I have
gone against that because I have 3 PAYPAL accounts
already and that is enough to handle. That
means that I have to create some kind of mechanism
that tells the user that this is all part of
one network and that the sales are done all
thru PAYPAL. I hope that is possible and perhaps
the network can be the big one --Maxsimo.com.
All
the sales sites for the corporate credit building
products have to be setup no later than the
end of August. I want to make sure that sales
are ready for that period after the "back to
school rush" that follows between October
and Christmas time. Obviously, the products
that I plan to sell from the Business Credit
Building site do not apply to Christmas shoppers
so, I need to be ready for sale before the
shopping season begins.
One
of the thoughts that I had was how I was going
to integrate all of this to the P31.COM
Success picture? Well, the business credit building
is part of the "Business Success Building" theme.
For Personal Success building theme, I plan
to sell a summary of all the actions I have taken
to build "Personal Success", "Business Success"
and "Financial Success" and then roll it all
into a work book and access to a back end site
with software, services and reports. All of this
I plan to charge about $9.95 or about $14.95
as a one-time fee to access the area that I
will be updating (or an Assistant) on a regular
basis.
I
feel confident that by having a place that
everyone can download, read about and browse
the
tools and services that I have used to build
the network, it would benefit the users greatly
to have access to the "Knowledge Base" on a regular
basis. I think that this is a very worthwhile
product for the readers of the site.
Then as a "Pro" version, I can add the access
to the Business Credit Building Area. Lastly,
IF the need is Financial Success Building, then
a "Platinum" access is needed, and that can be
the product at www.nextsuperstock.com which I
am growing bit by bit.
All of this gives me a good suite of products
and services to sell, up-sell and re-sell as
the readership and traffic to the network of
sites grows steadily.
Now
all of this is always contingent of money --which
I am working on. As I said a day earlier the
Affiliate accounts that are getting setup via
Maxsimo.com are worth a lot of money on a monthly
basis, and I'll use the sale of those accounts
to build a "cushion" of funds to make sure
that programming, publishing help and other
needs of the network are met.
Certainly,
I have had my problems with programmers in
the past 90 days to last a lifetime. But I
am not giving up. Instead I am moving the
programming tasks to a more dependable venue
and then making sure that they get done on
a timely basis.
So,
a lot of planning and a lot of it has gotten
done. Now I am setting up the sales area for
the entire site, and my main problem as with
everyone else running a site is TRAFFIC! That
is the one item that makes or breaks a business
on the Internet. I have done well building
traffic for P31.com. The Maxsimo.com site has
it's own way of generating traffic. But my
challenge now is to apply all that I have learned
on the new marketing ideas for products that
I have.
I
have ruled out setting up many of my own products
several times. But I feel that setting up a
collective theme of products --in this case
products that are building corporate credit
for businesses mainly in the USA is a subject
that I have researched thoroughly and I know
something about and that gives me the confidence
to setup an area that will help others to build
their own businesses.
Once
again, all this fits with the theme that the
business credit building area will help everyone
becoming a member to build their businesses.
Certainly, most of the businesses that fail
in the USA do so in their first 5 years and
most of the time that happens because there
is a lack of access to capital. No financing
and a lack of ability to adjust to the changing
needs and just about every business goes under.
The
underling benefit of the credit building area
is to help users get their business off to
a success or build their existing business.
Now
on to some other details of my work... over
the past month I have revised the format of
www.nextsuperstock.com just in time for the
mild summer rally that is taking place. I theorized
several quarters ago that the drop in the value
of the dollar was going to greatly benefit
companies across the board that are exporting
products from the USA. I theorized that all
though interest rates are climbing, they are
at an all time low and that will still benefit
the companies.
Now
all this is coming to fruition and anticipating
a good second half of the year I revised the
format of the site and things are moving along
nicely.
I
have been out of the market for nearly 5 months
and with the exception of Apple options that
expire in October, I have stayed out of the
"action" until the direction of the market
was doing well. Now that has happened. Still
there is an occasional "bump in the road" but
other than that, things are going well and
revising and getting the www.nextsuperstock.com
site going again was the thing to do. Now that
revision is done, except for some minor text
areas that I want to edit a bit further.
Now
I say this as Apple options that I spoke of
did a near 100% gain today. I predicted this
earlier in the year, but a bit of a downward
pressure in the market caught me by surprise
earlier in the year. Then I purchased a lot
more as the option price hit around $1.50 for
the October expiration and now the average
call price I have paid is around $2.00. Well,
that has paid well today, but I see more action
towards the end of August with Apple, and that
is when I plan to sell all of the options and
close out the position.
All
of this I'll keep you updated on, but I would
suggest that you subscribe to my once-a-week
email details the pics that I make on the markets.
Ok,
getting late. Until tomorrow -Sam out!
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