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Hottest Online Money-Making Trend… Read And Prosper

Posted in December 9th, 2008
Published in Internet Marketing

I came across this article recently, I must admit, VERY smart ideed… read it, make sure you do SOMETHING about it, and happy profiting! :D

On the Internet, nothing travels faster than a tip on how to score a bargain. Especially in an economic downturn.

With online retail sales falling this month for the first time, Internet merchants are offering steep discounts to anyone willing to punch in a secret coupon code or visit a rebate site for a “referral” before loading up their virtual cart.

Shoppers obsessed with finding these bargains share the latest intelligence on dozens of sites with quirky names like RetailMeNot.com, FatWallet.com and the Budget Fashionista. And more consumers than ever are scanning the listings before making a purchase at their favorite Web site.

Some online shoppers are so good at this game that they almost never buy anything at full price, making them the digital era’s version of bargain hunters who used to spend hours clipping coupons to shrink their grocery bills.

Tavon Ferguson, a 25-year-old graduate student in Atlanta, became obsessed with finding online deals last spring, while planning her July wedding. She scoured the Web for coupons and got free save-the-date cards, $8 bracelets for her bridesmaids and free shipping on flash-frozen steaks for the rehearsal dinner.

“I was able to do my wedding at a price that nobody would even guess” — $6,000, all included — “because everything down from invitations to the photo album, I got for ridiculously low prices with online coupon codes,” Mrs. Ferguson said.

Her favorite sites include RetailMeNot.com, which has one of the most comprehensive lists; CouponMom.com, which includes coupons for physical stores; and CouponCode.com, which is organized by category.

Mrs. Ferguson may be more fanatical than most people, but surfing for online coupons is growing in popularity. In October, 27 million people visited a coupon site, according to comScore Media Metrix, up 33 percent from a year earlier.

Steve Kagan for The New York Times
When Scott Kluth started CouponCabin, some retailers were displeased. Now stores send him a thousand codes a week.

“Coupons had never been a big factor online the way they are offline. This is something new,” said Gian Fulgoni, chairman of comScore. “It’s taken pricing power away from the retailers and given it to the consumers, because the consumer is totally up to speed on what the prices are.” Retailers have mixed feelings about this shift.

Generally, companies prefer limited discounts, e-mailed to a select group of customers or sent inside packages with a purchase. When the coupons get wider exposure, retailers lose control, potentially costing them more money than they expected.

Two years ago, Sierra Trading Post, a site that sells overstock outdoor gear, sent a coupon code with 1,000 of its 50 million catalogs, expecting to generate $2,000 in sales. Instead, it led to $300,000 in sales after a customer posted it online.

“We certainly appreciated the sales, but sales with that code were at a very low margin,” said David Giacomini, director of catalog operations for the company. Sierra Trading now sends some coupons directly to Web sites and limits catalog codes to three uses.

Some retailers try to battle the coupon sites. Harry & David, a seller of fruit baskets, threatened legal action against RetailMeNot.com this spring for publishing its discounts, prompting the coupon site to steer visitors to other gift-basket companies. William Ihle, a spokesman for Harry & David, said that all of its deals were available on its own site and the coupon sites “disingenuously mislead the consumer” by posting expired or unverified discounts.

Other retailers use the coupon sites as marketing tools. For example, when Scott Kluth founded CouponCabin in 2003, he had discounts for only 180 stores, and many of them did not like it. Today, 1,300 merchants, including Dell, Target, Home Depot and Victoria’s Secret, send him discount codes — totaling about a thousand a week.

“They have seen the power of a coupon, in this economy especially, and they’re absolutely embracing us,” Mr. Kluth said.

Most of the sites list coupon codes submitted by readers and retailers. Shoppers can comment on whether the coupon worked and share tips in user forums. Some sites e-mail coupon lists to subscribers. RetailMeNot.com goes further with an add-on to the Firefox browser that alerts users when an e-commerce site they are visiting has a discount.

Many of the coupon sites are run by Web entrepreneurs who see a business opportunity in collecting online discount codes at one site. They earn a commission from the retailer when a customer makes a purchase. Sites like FatWallet.com and Ebates offer shoppers cash back on purchases if they sign in and then click through to the retailer.

But other discount aggregator sites were started by passionate shoppers eager to share their bargain-hunting wisdom. Kathryn Finney began Budget Fashionista in 2003, when she finished graduate school and found herself broke and newly interested in bargains. Now, “it’s in my blood,” she said. “I cannot physically pay full price.”

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Visit the Banking & Budgeting Center

Ms. Finney’s site was originally aimed at friends and family, but it quickly developed a following that has spiked 60 percent since August to 550,000 visitors a month. “We’re gaining a whole new level of fans, who maybe weren’t budget shoppers last year,” Ms. Finney said. Her site now makes money through advertising and referral fees.

Among her coupon-scouting tips: search the name of an online store and the word “coupon” and compare the promotions, because bigger sites are often able to negotiate better offers; if you find a coupon for an offline store, call the Web site and ask it to match the price; and insist upon free shipping, even if it means calling the manager and asking for a coupon code.

Deborah Dockendorf, a power Web shopper in Chicago, has another piece of advice: if you cannot immediately find a coupon code for a specific store, just wait. “It might be two weeks, but you will have a code for it,” she said.

Even though Ms. Dockendorf lives near the department stores of Michigan Avenue and the boutiques of Oak Street, she says she does 98 percent of her shopping online — always with a discount. She recently bought six pairs of $45 Wolford opaque stockings from Saks Fifth Avenue with a 40 percent discount and free shipping. She also snagged a $400 feather bed at half off from Pacific Coast Feather Company.

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Yanik Silver - Maverick Business Insider Reviews

Posted in November 12th, 2008

In case you haven’t seen this yet - Yanik Silver is going all out to ethically ‘bribe’ you.

What’s the bribe?

First, he’s giving away a special, $15k closed-door presentation entitled “Instant Leverage Points in Your Business That Bring You Surges of Cash”.

It’s all about little tweaks and ‘hacks’ that immediately ramp up the bottom line with a few quick fixes. And the best part is once they are set-up - they keep paying you
over and over again. (Or, if you don’t have a business already - this was a blueprint for wringing the most revenue out of one when you do start it.)

He presented this information last January to 26 top-gun entrepreneurs and business leaders paid about $15k in membership fees and trip fees to come together in Baja,
Mexico.

The group ranged from one-man Internet superstars raking in multiple 7-figures in their flip flops to $900M International Resort developers and $100M Manufacturing
conglomerates.

Originally, Yanik figured he’d sell the DVD of this presentation for several hundred dollars but decided instead to make it irresistible for people to try his new print newsletter called “Maverick Business Insider”. (It’s pretty different than anything else out there because it covers how to make more, have more fun and give more back!)

Now, he’s bundled up this DVD, the MindMap he handed out, his newest book called “34 Rules for Maverick Entrepreneurs”, a 2 CD-Audio program and more - the only
thing you pay for is s/h.

That’s it.

Yes it’s a totally no-brainer but there’s one little ‘catch’ and 2 qualifications on your part to get in on this ‘ethical bribe’.

Check it all out and get the full story:

Maverick Business Insider

Side note: They had to put the entire site on ‘pause’ because of big-time technical gremlins last Thursday. Now the good news is because of the snafus - he’s going to
extend all the FAST-ACTION bonuses *way* beyond what they originally intended. (Fact is, they would have got snapped up in a few minutes during the intended Thursday
release but now it’s available until Monday at 3 PM, ET.)

Really - this means an even better deal for you so it’s probably a good thing they had these delays. ;)

P.S. If you want more profits, passion and purpose in your life - this package will show you how to get there… Yes, really.

Click Here To Get Maverick Business Insider For FREE…

Enjoy your materials and make sure you USE it k? ;-)

If You Like Articles In This Blog, You Can Buy Me A Coffee!

Shaking Things Up…

Posted in November 11th, 2008

I stumbled upon this from MindValley. And I liked it.

Short and sweet… Check it out:

I received an email today, random stuff really. But just as if the universe wanted to tell me something, the lesson I learned in the past three weeks hit me hard. And here I use the main ideas from the email and elaborate them a bit further…

You might already have heard about the fact that extraordinary results come from doing something different… from challenging the status quo and shaking things up. So for quite a while now I have been trying to figure out what that really means… what does get me on a path to innovation, extraordinary progress and extreme success? Here are five things that I stumpled upon over and over again

1) Uniqueness

The ultra successful companies and people are aware of their difference. In fact they even use it to their full advantage. As long as I tried to please most people it did not only hurt myself, it also made me look beige. I am different - so what?! Being afraid that by being polar will alienate your friends, family or market is like killing your most valuable sales point. Only if you are true to yourself you start attracting the most specific group of people around you. The kind of people that make each other feel comfortable and focus their power on the facts and energy that can move mountains.

I don’t want a one size fits all, “canned” solution. I don’t want to be surrounded by people who want that. “Meike, you are annoying sometimes”, someone told me. “I know.” I answered. Maybe this is also because I am never to afraid to

2) Ask Better Questions

Many people think that super successful people have all the answers. Maybe - but they didn’t get them from just divine intervention or from guessing. They get the answers from asking better questions.

Finding what to do takes asking hard questions to yourself, your friends, your co-workers, boss, peers and family. I read that average people tend to shy away from asking the tough questions because they are afraid of the answers they might get. I was compared to not going to the doctor because being nervous about what he might find out. Most successful people face new challenges head-on, ask the tough questions and tackle them regardless of the answers. If that makes me annoying - that’s good…

3) Take Risk

Risk tolerance is a success trait that is hard to ignore. You know about the saying: “no risk - no fun”. That makes so much sense… Who takes great risk can loose a lot… can also win a lot. Now don’t go overboard with risk. Hedge your bets with high quality information and research. Put the work and time necessary to plan for and research the viability of a risky decision. This way, risk becomes calculated and you won’t loose it all…

And in case you don’t win (simply because life isn’t a wishing list) you might understand that with every failure comes a learning experience. Make it a lesson leaned experience and gain extremely valuable information from you mistakes and failures. Do so by analyzing the situations and extract as many lessons as possible from the disaster. Then synthesize this information and create better plans for going forward. The super successful people don’t wallow in the misery of their failures and stick their head in the sand to hide. They pick themselves back up and move ahead again. This time armed with new information.

4) Fight

… as if you were right. But listen as if you were wrong. Most average people try to avoid confrontation at all costs. They hate to cause trouble, make a scene or have to get in someone’s face. This happens even to the point of missing out on something they are entitled to, paid for or are owed just so they don’t have to confront the situation. They’re happier practicing avoidance than strength. The overachievers on the other hand don’t follow that thinking. They make it a point to engage in battle to get what they want, deserve or are passionate about.

The successful people are not afraid to hurt some feelings and be open, honest and blunt about what they think, want or need from anyone. They are willing to fight for what they believe in, their passion and their ideas. This is a leadership quality that allows them to achieve more, accomplish more and have others working for them and with them to accomplish everything they need to give achieve high degree of success and happiness in life.

Truth been told: that all reads very easy but is hard to actually turn into action. It is true though. Think about it. A few weeks ago Khailee sent me an article about practicing brutally honesty. And I can tell you: it feels darn good…

5) Leverage Time

We all have the same amount of time in a day. Some people just do more with it than others. I am not talking about the g-t-d tricks or force of being extra efficient 24/7. I believe that just doesn’t feel natural to everybody. The “Trumps” of the world know the value of time and how to leverage it to get more accomplished. The average person thinks about time as a renewable resource not a precious raw material to

success.

So the next time, why don’t you leverage time and stop trading it for dollars? Stop buying into a tit for tat mentality when it comes to the exchanging of time for money. Instead create systems that you build one time that work for you for eternity. Do it like the super successful and seek out and get involved with opportunities that are scaleable and deliver returns for long periods of time. Action and ideas are the currency of the rich.

So the next time everybody jumps off the bridge… at least think twice before you jump, too.

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