Wednesday, March 17, 2010

Web 2.0 Explained

Hi Everyone,

As promised in the "Step 8 Update #4" post, I am going to give you a link to what I think is a good explanation of Web 2.0.

If you are going to try to use internet marketing as part of your doubling process you will need to understand Web 2.0 and how to use various Web 2.0 properties to help drive traffic to your affiliate offers, web pages, etc.

There is also some additional information that I am reviewing, and will be providing to you if I think it is useful.  I am toying with the idea of setting up a mailing list/autoresponder type set up for this blog, once i figure out how to do so.  So future freebies like this will most likely require signing up to the mailing list.

I will be doing this mostly as an experiment in how to monetize a blog.  I have thought long and hard about whether or not I should monetize this blog.  I had mixed feelings about it as the theme is about making money for free.  However, if you really think about doubling, the initial money is found for free and then you buy something with the stake to re-sell at a profit etc.  So based on that I will be making some changes in the future to monetize this blog.

I do however promise to be up front with you about any "monetized items".  I will:

1.  Let you know in advance about any changes/additions to this blog.

2.  Let you know when a link is an affiliate link.

3.  Only have affiliate links to products that I think will be helpful to you in your doubling efforts.

4.  Provide free alternatives to any recommended products (if there are any available)

5.  Not require you to purchase anything from me ever

Hope my decision to monetize does not offend any of you.  I value and appreciate all of you that take the time to read this blog.  And I promise to still provide all information to you for free as always.

Anyway, thanks for sticking with me and here is the link as promised.  This is not an affiliate link.


Hope you enjoy and learn something from these videos.  Let me know what you think of them.

Until Next Time...

Step - 8 Update #5

Hi Everyone

Sorry it has been a while since my last post.  As I mentioned before I have been out of work for almost 3 months.  Money is starting to get tight and therefore, all of my time recently has been spent on searching for the next job.

The good news is that all of this searching has finally paid off and if everything goes well I will be back to work on Monday.  The bad news is that (I am a consultant) and the rate is not as much as I usually receive so money will still be a little tight but it is better than nothing.

Anyway since my last post I found an additional six cents at  you guessed it the local Quick Check.  I found 4 cents on Friday, another on Saturday, and the last one yesterday.  As Tony Saprano would say "boy that Quick Check is a good earner Badda Bing".

To summarize:

Current Step: 8

Total Stake: $1.19 Total Surplus: $.22

Amount required to complete step $.09

Until Next Time...

Thursday, March 11, 2010

Step - 8 Update #4

Hi Everyone,

Just a quick update... I found a penny yesterday at he Quick Check.

To summarize:

Current Step: 8

Total Stake: $1.13 Total Surplus: $.22

Amount required to complete step $.15

Additionally, I found some free videos and associated PDF documents pertaining to internet marketing and using web 2.0.  I will be reviewing them today.  If they are of any value I will post the links here so you can check them out.

Until Next Time...

Sunday, March 7, 2010

Step - 8 Update #3

Hi Everyone,

Just a quick update... I found 3 cents yesterday.

One penny at the Quick Check and one in the Quick Check Parking Lot.

The other in the parking lot at the supermarket.

To summarize:

Current Step: 8

Total Stake: $1.12 Total Surplus: $.22

Amount required to complete step $.16

Until Next Time...

Friday, March 5, 2010

Step - 8 Update #2

Hi Everyone,

I had a pretty good run the last couple of days.  On Wednesday I found a penny when checking out at the local Quick Check and when returining to the car I found a dime in the parking lot.  After that I had to go to Walmart to get some oil for the car.  I decided to give a quick scan of the store since I was having such good doubling luck.  I looked down and found a quarter on the floor and a little bit past that was a nickle.  Just for good luck I gave a quick scan of the parking lot when returning to the car and found another two cents.  So that makes 43 cents for Wednesday.

Yesterday I found a penny on the ground while at the store with my wife.  Added to the 43 cents found on Wednesday, that makes 44 cents added to the stake.

To summarize:

Current Step: 8

Total Stake: $1.09 Total Surplus: $.22

Amount required to complete step $.19

Until Next Time...

Tuesday, March 2, 2010

Monetize Your Blog - Progress Update

Hi Everyone,

In my February 11 post (view it here), I mentioned that I was setting up a blog to monetize with Google adsense, based on some instructions contained in some free videos I found. This is the first update on my progress.

Well it was easy enough to set up the blog and monetize it with adsense. I followed the instructions from the videos which basically state to search Google hot trends and publish posts to your blog about the hottest trends, then you put this information on sites like Digg and Propeller. In theory this should drive viewers to your blog and hopefully some of them will click on the ads.

This worked pretty well and there were definitely people viewing the blog however I did not get any clicks on the ads. In looking at the ads Google placed on the blog I noticed that many of them did not have much to do with the content of the blog. I feel that this is the primary reason that there were no clicks. Another reason is that the blog covered to broad a range of topics.

So what am I going to do about it you ask?? I have a background in quality management and have decided to apply quality management (QM) principles to my approach. One of the primary methodologies applied in QM is the Shewhart Cycle, also known as the Demming Wheel. You can find more information about it here .

Basically it is the cycle of PDCA which stands for PLAN => DO => CHECK => ACT

I had the initial plan which was to set up and monetize the blog.
I did it.
I checked it and noticed that although I was getting visitors I was not getting clicks on the ads.
So that brings me to the act portion of the cycle.

The actions that I am going to take are:
• set up a new blog that has a narrower topic

• pick a topic that people are passionate about and therefore have a reason to view it and click on associated ads

• find out how to select the ads myself rather than have google select the ads in order to ensure that the ads are relavent to the blog topic

Hopefully I will see some better results after the changes have been made. This brings the cycle back to the beginning and you PDCA all over again. I will run this set up for a month and then report back on the progress.

If anyone wants more specifics please leave a comment and I will get back to you. Also, if any of you have attempted a similar approach I would love to hear how you made out.

Until Next Time…

Step - 8 Update #1

Hi Everyone,

I found another penny at the Quick Check last night and have added it to my stake.

To summarize:

Current Step: 8

Total Stake: $.65 Total Surplus: $.22

Amount required to complete step $.63

Until Next Time...