One very important fact worth considering when starting an online business is that your competitors are promoting the exact same program, in the exact same way as you (unless you do something different. You have to do something that makes you different! You have to do something that makes you stand out above all the others!
Now here are 4 simple things to give you an edge.
1. Set up your own website. It is absolutely necessary for you to have your own website when considering affiliate marketing as your professional career. Potential customers primarily go to websites in order to search and purchase items they are looking for. It's easier to remember a catchy name than a long, boring affiliate number. Beside you can do some pre-selling before your visitor goes to the affiliate page.
2. Have your own ad. A lot of times affiliate companies have two or three versions of their advertisements, which are then splayed out on the internet by some multiple of a thousand! Using the same ad as everyone else could cause people pass your ad copy by. Prospective customers may just skip it all together because they've seen it a thousand times already. They didn't buy before, why your ad now? So...make your ad at least look different.
3. Offer an alternative product or two that are only available through your website. This is the kind of thing that will make your offer stand out. Once you have your website going, it is important to have some products or services that your customers can't find at other affiliate sites. So...now your ad has added value.
4. Don't try to market everything you see. With services such as click bank, it is easy to become sidetracked and try to market everything in the click bank marketplace. That is not a good idea. It is better to focus on one market and market products that are in demand. Find a niche and market that, you'll do much better.
Affiliate marketing is here for the long haul. It is a great way to earn extra income. However, contrary to popular belief, it won't happen overnight. Internet marketing is not some magic thing that "poof" here comes the money just because you showed up! It requires a lot of hard work.
The price point of the affiliate program you choose is another factor that I'll save for another article. In fact, the price point of your affiliate program will mean the difference between making "extra money" and getting "wealthy."
Good luck to you in your new venture.
Buy quality! Buy quality! Buy quality! That's all you hears these days when you are considering rare coins as an investment. First, are you really buying coins as an investment, or merely for the pleasure of owning a piece of history? That is sometimes the real dilemma for many collectors, or is it investors? Everybody wants to make sure that their investment is protected, but there are no guarantees, especially in rare coins. In fact, some rare coins take years to appreciate to the point of being able to sell it profitably.
Hey, I would love to be able to plunk down $100,000 for a 1919-s Standing Liberty Quarter in MS67 condition certified by PCGS. There is only one coin with this date certified by PCGS as of February 7th so it is the finest available. But not many of us have that luxury. I don't, and I suspect you do not either. It's hard to comprehend paying more for a single coin than my first house cost. And while the rarest and finest of all rare coins have reached stratospheric prices, what does this leave the rest of us? Not much, unless you are willing to do a little work.
So if my interest is in rare coins as an investment, what do I do? Well, there are many other coins and options you can choose. First, let's review what drives the price of a coin.
1.Demand. Demand perhaps is the biggest driver of price. A clear example of this is the 1909 S VDB with a mintage of 484,000 and an estimated retail value of $720.00 in G4 and $7,500 in MS65 vs. an 1879 Shield Nickel. The Shield Nickel had a mintage of only 29,100 yet the estimated retail value of a G4 is only $415 while the MS65 example is $1,950. To further illustrate this point, PCGS has certified 703 MS65 Red 1909 S VDB cents and only 27 MS65 Shield Nickels. How many Shield Nickel collectors do you know vs. Lincoln Cent collectors?
2.Scarcity. Generally speaking, putting demand aside, the more scare/rare a coin, the higher its value. This is usually very true, especially when comparing dates within the same series. Scarcity should not be confused with overall mintage. During the silver booms, many, many silver coins were melted for there bullion content. Additionally, some coins with higher mintages can be quite rare in certain grades such as higher MS condition coins due to weak strikes, etc.
3.Condition. This is the most obvious one. When comparing the same coin, the better the grade, the higher its value.
4.Age. Although age can have some factor, I would rate it lower than the three above.
Ok then, considering all these factors, how do I find nice coins that I can afford that will not only appreciate in value, but appreciate at a higher rate than other coins? I think the key word here is "nice". Coins other than Mint State coins can appreciate in value if you know what to look for. Look at the 4 driving factors of price again. They are demand and scarcity. Take a good look at the following chart. The chart shows a good comparison of some different coins. Some you might consider a good investment and some you may not. The main comparison I am trying to make is from 2005 to 2006. I had an old issue of Coins Magazine from November 1973 so I thought I would throw those values in as well.
First, let's look at the 1877 Indian Head Cent, the key of the series. In a one year period of time, the value of the coin rose 18-19% depending on condition. The 1909 S, the coin with the lowest mintage of the whole series rose only 2-3%. Take a look at the mintages. The 1877 had over 2.5 times the coins produced than the 1909 S yet is valued much higher. Part of this is demand and there are probably less 1877 dated cents to go around.
Next, take a close look at the 3 Lincoln Cents in G4. While the 1909 S and 1931 S are considered keys just as the 1909 S VDB is, it is the 1909 S VDB that has risen in price while the 1909 S did not budge and the 1931 S moved ever so slightly. It is interesting to note though that in XF condition the 1909 S VDB stayed the same.
Compare the mintages of the 5 above coins to the 1879 Shield Nickel. A mere 29,100 nickels were produced that year yet the price for a G4 is a paltry $415
So, what does this all prove? To me, it proves that picking coins solely for investment is as tricky as playing the stock market. You just never know what may be the hot item. Certainly, key issues will continue to rise and will probably rise at a higher rate than non-key issues. If you are truly set on buying rare coins as an investment and you cannot afford the high-end items then keys in some of the lower grades may be the way to go.
What will be the next "hot" coin? Only time will tell and your guess is as good as mine. I suspect that with more and more interest in Lincolns, especially with the upcoming changes to the Lincoln Cent , there will be more demand for Lincoln Keys, but that is only a guess. Others to keep an eye on are the 1932 D and S quarters. The State Quarter program has created more interest in quarters. This is just pure speculation. As for me, I will just continue to buy the coins I like.
Both Dan Hatcher & Keith Scott are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Dan Hatcher has sinced written about articles on various topics from Fundraiser, Internet Marketing and Financial Planning. Looking for the right opportunity to earn a thousand a day? Would you like to have a personal, live and accessible mentor in your internet marketing business, visit Dan's website.. Dan Hatcher's top article generates over 9900 views. to your Favourites.
Keith Scott has sinced written about articles on various topics from Interest, Family and Interest. Keith Scott has been a coin collector for over 30 years and owns a small mail order/online store. His store is at . Keith Scott's top article generates over 9900 views. to your Favourites.