myonlinewealthguide.com

In a nutshell, I understand that Online Wealth means I need to actively involve myself in the following and, roughly but not absolutely, in this order:

1. Decide/Select My Market or My Goal

2. Create My Domain Name

3. Get a Good Webhosting

4. Create My Website

5. Monetise My Website

6. Market My Website

7. Track and Improve

I understand that many of the steps are more art than science. The Online world is very dynamic with no static regulations and hence the best way to make Online Wealth is to keep learning and applying. I know there are lots of ways, variations and options to do things for each and every step above and it will be impossible for me to learn on my own even if I reach expert level. In fact I know that usually there are special less well known twists that can impact My Online Wealth success dramatically, and these I am prepared to to pay for them. Those are small investments compared to what Online Wealth I can get from them. I also know that NOT everything is equally applicable in every situation, so I will be smart to find what I need.

But I know that I can do it. So many people are getting Online Wealth; I CAN TOO. It is just a matter of understanding what needs to be done, and do it !

Hence definitely My Online Wealth Guide .com will be a very important asset for me.

1. Decide/Select My Market or My Goal

I know I can do either of two things which will impact my next steps:

* Sell products. It can be my own product, or someone else’s product. When I sell someone else’s product, I get commissions and I am known as an affiliate. If I am an affiliate, I may even not need a website of my own !  I know this is what people talk about when they mention ‘clickbank’, ‘paydotcom’, ‘ebay’ etc.

* Help someone else to sell products by either freely giving up some areas of my website/s for advertisements by someone else, or by charging them to do so. If I do offer free space for advertisements, I will get commissions when a potential customer clicks on the advertisement. It does not matter if the person actually eventually buys anything. I simply are paid when someone clicks on it.

On the other hand if I charge someone to have their advertisement on my website/s, I get paid upfront. It does not matter if anyone clicks on the advertisement or if they purchase anything.

I know ‘adsense‘, ‘adbrites‘, ‘text links ads‘ relate to this.

Other services I can offer are creating contents for others, optimising websites, creating graphics etc

2. Create My Domain Name

Domain name is the name of my website. This may sound straightforward, but I won’t be fooled, because I know that a good domain name is very IMPORTANT. To my visitors, this IS the door. If the name has no relation to my content, my visitors will be very confused and not likely to return. My best domain names are those which are exactly what visitors type into Google or Yahoo or whatever search engine they use in trying to find information or products to solve their problem There are techniques I need to learn; the articles in My Online Wealth Guide .com will help me on that.

Creating and Registering Domain names with Registrars relate to this, I know.

3. Get a good Webhosting

A good webhosting is definitely very important as it directly affects My Online Wealth opportunities. I need to get a reliable, full featured, fully dedicated support as well as affordable webhost. Otherwise It is like spending tons of money on a shop but the doors cannot be opened for some reason.

I know that Domain name registering is a separate process from hosting my website (though sometimes one can get the other for free, hence it may not look like different processes).  I know names like hostgator, Host4Profit, yahoo webhost etc are related to this (like thousands other webhosts worldwide)

4. Create My Website

My Website is MY shop. If my website is not professional or attractive, visitors will leave as soon as they come in, and are not likely to come again. If my website is a pain to maintain, I will be wasting most of my time on it instead of on monetising it. I need to find the easiest way to create a good, functional website fast and maintain it in very short times.

Wordpress blogging, I know, is an increasingly popular way to create a website which I should definitely explore.  Other ways are possible too, eg Joomla.  Contents can come in the way of Private Labels Right (PLR), datafeeds, free articles etc.  But I know it is important to think of Search Engine Optimisation (SEO) in any case.

5. Monetise My Website

I am interested in Online Wealth. If my website cannot convert itself to making Online Wealth, then I have wasted part of my life. I know only a professional but approachable website can be monetised. I definitely need to learn how to do that from the articles in My Online Wealth Guide .com.

And I need to know how to process payments. In the real world, payments are made in the form of cash, cheque or debit/credit cards. Online, payments take a different form since the relevant parties are in virtual space. Over the years, various payment methods have been introduced eg Paypal, Credit Cards, e-cheques, ecurrencies etc. In every form, however, the virtual payment system has to be linked to the real world payments. Hence Paypal must be linked to bank accounts, or physical cheques, eGold to Gold Exchanges etc. I need to master these to make My Online Wealth.

6. Market My Website

This is the most intensive part of My Online Wealth endeavour. Without the marketing, there is no way my website can bring me Wealth. This is where the experts know much better than me (until I become one of them ). I have lots and lots to learn here. I will use all the resources and information to succeed. I have high goals and I will dedicate much of my soul to this. Otherwise I might as well just stop thinking of making Online Wealth.

There are so many topics in this area, I know, that I can get a bit confused if I am not careful.  Adwords, PayPerClick (PPC), Backlinks, Web2, Article Marketing, email marketing all belong into this step I know.

7. Track and Improve

And finally (but not least), I need to be dynamic and keep improving. If I stop tracking and improving every aspect of My Online Wealth journey, I will be left behind in the very dynamic world of the Internet.

Tracking number of visitors, conversion rate (ie how many actually purchase or clicks someting) etc are what I need to track and adapt my website or marketing efforts toimprove My Online Wealth.

I know there will be times when I may have to start over again, but I will persevere because I know Online Wealth is an opportunity like no other. This is THE only way to reach my Ultimate Goals. I owe it to my loved ones to keep on persevering…

My Online Wealth Guide .com will be my guide to actions.