Showing posts with label Make Money Online. Show all posts
Showing posts with label Make Money Online. Show all posts

Friday, October 1, 2010

Interview: Michael Dunlop

Michael Dunlop is a 21 year old internet marketer who is most well known for his large income blogs such as IncomeDiary and Retireat21, together receiving millions of visitors and have been featured in newspapers, magazines and books around the world. Find out how he did it and, more importantly, how you can do it too!

Tell us a little background info about yourself. Where are you from? How old are you? How long have you been working in this industry?
I grew up in a small village called East Preston on the south coast of England and currently live in Southampton. I am 21 years old, but have been working online since around 15.

What accomplishments so far are you the most proud of?
Honestly, I really couldn’t decide what I’m most proud of because I have very high standards, but to give you a cut down list of a few things I have done:

* Had millions of people visit my sites
* Featured in books, magazines and newspapers around the world
* Asked by MTV to be in a new show they are working on.
* Being young and financially independent is probably the most important one.

How did you come to learn about this industry? Why did you choose this career? When did you first realize the full potential in blogging and affiliate marketing? When did you first “hit the big time?”
I was 14 at the time and I was at school competing in a competition called the Young Enterprise and I had to build a site for my business were I was selling brand new mobile phones and digital cameras. My dad connected me with someone who knew how to use Dreamweaver and I really just took it from there. I chose to do this as a career because I knew I had to be an entrepreneur anyway because I lacked any qualifications from school and wasn’t prepared to be paid $5 a hour to work for someone else. The internet just makes it so easy as an entrepreneur to start and see a return so that's why. I first saw the potential when I connected the dots between finding a problem and creating a solution, that’s where the money is. I created IncomeDiary and the very first month the blog earned $5000 and since then it has just gone through the roof and I never looked back.

What do you think it takes to be successful as a blogger and affiliate?
I think the most important thing for me was to think big, sure you need to provide value and do all these other things but if I didn’t think big, I wouldn’t be BIG. GO BIG, or GO HOME.

What have been your biggest failures and frustrations?
I wouldn’t really say I had failures, definitely a lot of set backs and things not working out as well as you had first thought. I think failure and success go hand in hand, any success I have had, there has always been some failures involved, that’s how we find out what works and what doesn’t.

What is the single toughest problem you've had to face, and how did you get through it?
Spelling, like I mentioned at the beginning, I failed most things at school as I was very dyslexic, I was one of those people who read a page in a book, it took me so long that I had forgot what was the page was even about. If you look at anything I wrote 2 years ago on Retireat21 and look at my writing now, you wouldn’t believe it was the same person, It has improved greatly just because I do it every day, however I still get a few dicks who like to mention I have grammar issues, at least that’s my only issue. My teachers wouldn’t believe that I now write for a living.

Which methods of promotion do you favor?
As I’m a blogger/affiliate marketer - I have found by providing great valuable content on my blog, I have been able to bring long term great traffic to my site with no effort at all, it simply comes. People are always look for amazing content, that’s ho we learn.

How have you made those promotion methods successful?
I connect all my affiliate promotions with a HOW TO. So for example, anything I’m writing about, it has to involve them using a product of some sort that they have to buy. So for example, how to get more followers on Twitter, I show them how I do it with TweetAdder and so it’s educational and a promotion at the same time.

What have you been up to recently? What projects are you working on?
Recently just launched a Clickbank product called Popup Domination, I’m getting 100’s of new subscribers daily so it felt only write that I put the tool I’m using to do it into a WordPress Plugin so people could duplicate my success. I’m always working on my main site called IncomeDiary - there is always something I can be doing to improve it and up my game so that I stand out as the BEST.

What problems have you had with those new projects?
Rushing it although I do think this is why it was successful. So many people plan to do something and they plan it out but they never get much further, I just powered through and got my team working constantly on it so that it was done ASAP. As we rushed it, we didn’t have many affiliates on board and so only myself and a couple other friends brought in the majority of the sales although I believe it will sell every day for years because it solves a HUGE problem and easily.

What are your greatest strengths?
Quick thinking and getting what I want.

One thing I have found in life and business is that if you want something, just ask for it. Jon asked me for this interview, he got it. Jon asked for my plugin to review it, he got it. I asked Jon for a review a while back and although I can afford full price, I might as well ask for 2 for the price of one, nothing stopping me and I got it. You can get a lot more out of life and business if you just ASK!

What are your greatest weaknesses?
Consistency, work ethic and short fuse at times.

You take your eye of the game for one minute and you will start to lose momentum, traffic and sales.

What motivates you?
Lifestyle.

What is the best advice you’ve been given and try to apply to your life?
Entrepreneurship is about living a few years of your life like most won’t, so you can live the rest of your life like most can’t.

Who has impacted you most in your career, and how?
So many people have impacted my business, perhaps my Dad (barrydunlop.com) would be at the top of list.

What kinds of people do you have difficulties working with? Any good stories?
Slow thinkers, honestly, I think 10x quicker then the typical person and I expect everyone to keep up and if you don’t, I have very little time for you. However, I have learnt to slow down and be more considerate ;-)

Anyone who thinks they are better then me when they aren’t - sure there’s a few people I work with that I really clever and I look up to, however sometimes I come across people who just think they are. They usually have a little overnight success and think they are really clever when really they know nothing and when I make suggestions they throw it in my face, I have little time for these people. I’m always learning, never think you're too great to learn.

What are some of your long-term goals? How much is enough? If money was no object, what would you be doing?
Grow a new business I’m starting to earning 7 figures monthly and selling for a 9 figure deal in a few years to come. Money doesn’t mean to much to me, sure I would like to have enough to live very comfortably, but selling a company for hundreds of millions would just be for my own personal benefit, knowing that I could do it. Money is like points for me, it’s just a way to see how well I’m doing.

What is your greatest achievement outside of work? What are some of your unfulfilled dreams?
Considering I’m young, there’s so much I plan to do still, the first two things being, buy a house and a old mustang which I believe will be soon anyway. As for achievements... killing 1732 zombie on COD5 Nazi Zombies. To be honest, that question is just to hard to answer. Things have just begun for me.

Do you have a Twitter account or Facebook “Like” page?
twitter.com/michaeldunlop

facebook.com/IncomeDiary

Monday, September 13, 2010

Sell Ad Space with AdSella Marketplace

Go with traditional ad networks and you can expect them to take a 50% cut. Go with affiliate marketing and you have to work hard to increase your conversion rate. Take out private advertising and you have to deal with all the administration of the ad placements. There has to be a better way to monetize your blog.

Designed to make both the ad buying and ad selling experience easier for everyone involved, AdSella has just launched into its beta testing and you can sign up right now. Is this the right deal for your website?

Buy and Sell Website Advertising

The vast majority of beginning bloggers will turn to networks like Google AdSense when they first get started. The barrier of entry is low and they can start making money right away. However, they quickly learn that private advertising can be much more lucrative.

Handling private ad sales can be very time-consuming, however, and that’s where AdSella can come into play. In short, AdSella is an online ad space marketplace where site owners can list their available ad placements and advertisers can buy these spots.

A variety of different ad types and banner sizes can be used and AdSella takes care of all the administration. Publishers are paid once a week and they really do just “set it and forget it.”

How Does It Work?

From the blogger’s perspective, the ad marketplace from AdSella is very easy to understand.

Site owners create a listing on AdSella for every block of ad space that they’d like to offer for sale, setting whatever price that they’d like, whatever duration they’d like, and whatever size they’d like. A simple line of text is then inserted into the space on the site where they would like the ad to appear.

A placeholder ad block appears immediately on the site. Ad buyers can then click directly on the “buy this ad” banner, proceed through the checkout process, upload their banners, and have the ad go live almost immediately. From the blogger’s end, no additional code needs to be added or altered; it’s automatic.

When the purchased ad time expires, the ad block once again becomes available through the AdSella marketplace for new advertisers to purchase. Once again, the blogger doesn’t have to do anything. There’s no management of expiry dates and advertiser banners; the AdSella engine takes care of all that.

Sifting Through the Marketplace

Each time that a blogger sets up a new available ad slot, it shows up in the marketplace for buyers to browse. Basic information is displayed in the main listing, including site name, URL, PageRank, run (duration), status, and price.

Clicking through to an individual listing, the buyer can then get a little more information about the advertising opportunity, ad location, acceptable formats, ad run time, website category, and other related details.

However, the purchase process cannot happen from this page. The ad buyer has to go directly to the seller’s website, find the available AdSella ad spot, click on the blue banner, and proceed through the checkout process that way. This ensures that the advertiser knows exactly where the ad will be placed.

After uploading the ad creative, the advertiser can log into his or her AdSella account to make changes. Once again, the site owner doesn’t need to do anything. The same code stays on the website.

What’s the Catch?

The good news is that it costs nothing for site owners to list their available ad placements through the AdSella Marketplace. Naturally, though, AdSella has to take a cut when a sale is completed.

The commission rate is 20%, meaning that the site owner receives 80% of the total ad price. If a one-month ad placement is $50, then the ad seller receives $40 of that and this is sent out every Sunday via PayPal.

That 20% is certainly worth avoiding all the extra administration required to sell ad space privately, not to mention the extra exposure the site owner receives through listing in the AdSella Marketplace.

Link: AdSella Marketplace

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Thursday, September 2, 2010

Turn WordPress into Cash Generating Q&A Site

WP-Answers is a cool new plugin that will convert WordPress into a question and answers community like Yahoo Answers. People can register and ask questions and then other members can then answer these questions to gain points. The question asker can then choose the best answer which is promoted to the top and the answerer gets extra points.

The plugin includes 6 premium themes that are fully widgetized and include a theme options panel. [ Theme Demo ]

Another really awesome part of the plugin is that it can pull questions from Yahoo answers using their API and post them on your site, any replies are also posted so your site can look busy from the start.

You can use any and unlimited search terms to add content to your site and setup to auto post them every hour, every day, etc.

There is an advertising management system included to place banner adverts and contextual adverts within the theme.

The developers have run this plugin on a number of test sites for over a year and are making up to and over $1000 per month on some sites.

Check out the full list of features.

Why YOU Want Wp Answers

Probably the biggest benefit to you adding WP Answers is... Traffic. Not only are you going to rank better for SEO (because a huge amount of people type questions into the search engines) but you're also [probably] going to get more traffic because of it.

I'm already thinking how I can implement it into my blog here. :)

Discount

Because I really liked the WP Answers plugin, I worked out a deal with the maker of it to give all readers of this blog a discount (and no, it's not an affiliate code or anything of that sort):

Use voucher code JV2000 and get 20% off. They also have a great affiliate system and are paying a flat 35% on any sales (potential to earn up to $87 per sale!)

EDIT: Looks like Ian Fernando also did a review on WP-Answers. Check that one out too.

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