Tag Archive | "Truth"

Are Mobile Payment Solutions Really the Way of the Future for E-Commerce?

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Are Mobile Payment Solutions Really the Way of the Future for E-Commerce?


You may have seen a few pieces of online news about mobile payment solutions and wondered whether you should implement them on your website. Some articles even go as far as claiming that mobile payments are the way of the future and will revolutionize the online commerce industry. But is there any truth to these claims, or is it just marketing hype to get yet another “start up” run by a 19 year old entrepreneur from his basement off the ground?

When talking about mobile payment solutions, we first need to clear up one thing in order to avoid any potential confusion. There are actually two kinds of mobile payment options currently available in the online world. The first one is simply a type of mobile wallet that is linked to the customers credit card. The buyer can easily make transactions from their mobile phone without revealing their card information, but the purchase is still charged to their credit card as usual. The second kind involves charging the amount of the transaction to the buyer’s mobile phone bill or deducting it from their prepaid balance on their mobile account. The second one is the type that we will be addressing in this post.

First, let’s understand how the system works. The client wants to make a purchase online. They then enter their cell phone number into a secure form on an e-commerce site. They then receive a text message with information about the transaction (such as the cost) and will need to confirm they accept the charges, either by replying to the message or more commonly, by entering a code that is sent with the message onto the merchant’s website. They then have access to the product or service that they’ve ordered and the merchant will get paid by the payment processor later on, just like with a credit card transaction.

Sounds easy, right? The system is designed to allow for easy and smooth transactions with minimum risk to both the merchant and the customer. Using such a payment system has many advantages for both parties. It is good for buyers who don’t have a credit card or are reluctant to use theirs on an online commerce site, as it provides them with an alternative payment solution. It’s also a very good way to pay online for small purchases that are delivered directly to the buyer’s computer or for online services that don’t require any physical items to be shipped.

But should you run and implement this method of payment on your website immediately? The answer will depend on a few factors. As convenient as mobile payments may be, they are still far from being a perfect solution in all cases and it’s also important that merchants understand their potential disadvantages and not only look at the plus side. Tomorrow we will go into more details on the inner workings of mobile payments, which will be very helpful if you just started an e-commerce site and want to provide buyers with as many choices for payment as possible.

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Becoming A Merchant – The Other Side Of CPA – Part 1

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Becoming A Merchant – The Other Side Of CPA – Part 1


Are you pushing CPA offers? Have you ever wondered who are the merchants behind many of the rebill/trial offers? Some of you imagine them being some large corporation, with hundreds of staff members and an owning an entire skyscraper in downtown New York. Nothing could be further from the truth. In many cases, these companies are owned by one main owner or a few people. They may also employ a handful of employees. But that’s it. How do they make money? And HOW could you become a merchant, rather than a publisher of CPA offers?

I will explain it to you in a simplified way. But a BIG word of caution here. This is not for the lazy. It demands some hard work and a lot of entrepreneurship. If all you want to do is whip together a web page with some nice graphics and call it a day, it is not for you.

What do you need? First: a product.

The product doesn’t need to be an advanced revolutionary breakthrough that will marvel people for generations to come. Nope, it can be something very simple actually.

There are 2 categories of products that you can base your business on: digital products (most commonly the “make money online” niche) and physical products (usually “health products” niche).

If you go with the digital products, what you have to offer is simple. A series of guides related to your “make money online” idea, i.e. earn with Google, earn with eBay, earn with Amazon, earn by being a freelance writer/online photographer/ etc. or a more general “start an online business” which explores various possibilities to earn money online.

The main guides don’t have to be groundbreaking and revolutionary. All of the information on how to earn money with various methods is freely available online. But you will also need to provide some content that will make the users want to keep their membership active month by month. This includes updates, new methods that are added, or services such as affiliate tracking services, PPC tools, etc.

If you go with providing a physical product, think of filling a need. People want to: lose weight, get rid of acne, whiten their teeth, etc. Now you don’t have to spend millions of dollars researching, developing and testing a product. Here’s some news for you in case you missed it: all of these health products sold through CPA offers are no better than generic stuff you would find in a natural products store or your local pharmacy. The rest is just hype. The “super results” and “great benefits” are based on anecdotal evidence at best, pseudoscience at worst.

What you need is to find a supplier which can provide you with the product related to your niche and simply apply your branding label to the packaging, and then send it out to the end customer. You start by offering a free trial, and if the user didn’t cancel, they get a monthly shipment of the product. Your profit margin will be quite high, since these products can be purchased in bulk very cheaply.

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An Overview Of Some “Make Money Online” Ads You Will Come Across – Part 1

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An Overview Of Some “Make Money Online” Ads You Will Come Across – Part 1


When you are seeking for ways to make money online, chances are you will be bombarded with advertising for many different earning methods. And of course, the majority of these will require you to spend some money in order to join the program or “unlock the top secret power to become rich”, etc. Here is an overview of some of the most common ads related to money making found online and the truth behind them.

“Single mom makes $600 a day with Google!/Earn $500 an hour online!/Join my top secret money making club, etc”

These are advertisements for either electronic guides (also called ebooks) or membership sites which show you information on how you can earn online. Due to the fact that the offers are varied (there’s thousands of them out there), it is not possible to make a judgment as to whether the information found in each one of them is valid or useful. In general, they will show you some ways that are used to generate some income on the internet. Here are some things that they conveniently fail to mention or hide deep in the fine print of their site:

  • It’s not easy. People who earn impressive figures online have spent countless hours building up their business ad still need to work several hours a day to run their online business.
  • You will probably need to invest money (and may lose it). While it IS possible to start a online business with little or no money, if you hope to earn any significant amount you will need to put up your own funds.
  • The earning figures are exaggerated. The chances that you will be earning anything remotely close to what was advertised during your first attempts are quite remote themselves.

Furthermore, many of these are “trial” offers. You are told that you can access the site right away for just $1.97 or some other small amount. What is buried in the fine print is the fact that if you fail to cancel your subscription to the site within a certain period (varies between 3 days and 2 weeks), you will be charged the full amount which ranges anywhere from $30 to $100 a month. Sure, you can call to cancel, but be prepared to wait on hold, then sometimes have a rep try to “retain” you as a member of the site by trying to talk you out of canceling, offering you a discount or a “super exclusive bonus just for you because you are such a great person”.

Once again, not all money making guides or membership sites are inherently bad. Just make sure you know what you are getting yourself into. If you pay for something, make sure that there is a money back guarantee that you can use if you are not satisfied with the product. If you sign up for a trial offer, find the number to call if you want to cancel and make sure that this number actually works.

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The Right Reasons To Work Online

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The Right Reasons To Work Online


A lot of people really don’t understand the true benefits to starting an online business. Some people assume it’s a walk in the park, and starting an online business means you’ll have instant success, while others assume there’s no actual money to be made online. The truth of the situation lies somewhere in the middle.

Make More Money

When you’re first starting out with an online business, it’s not likely to generate anything above and beyond some additional income. You’re not going to want to quit your job today, and start your online business tomorrow – before your profits are going to soar, you’re going to have to put in a lot of hours for little gain. With dedication, and determination, you’ll make your way to high profits, but don’t expect the road to be a smooth one.

Work When You Want To

Running an online business does give you the opportunity to set your own schedule, but it’s important to keep in mind that you’e only going to get out of it what you put in. When you’re working for yourself, no one’s going to yell at you for getting up a little late, but if you don’t put in a full day’s work, don’t expect to see a full day’s return later on. When you’re starting out, it’s extremely important to dedicate as much time to your online business as you can. There’s always something more to be done, so don’t put off until tomorrow what you can do today.

Quit Your Job And Retire Early

If you get an online business off the ground, there’s a very good chance you’ll be able to quit your day job soon after. Retiring early is another story entirely. If you really throw yourself into your online business, and set aside as much of your profit as you can for a retirement fund, you might just be able to retire sooner than you think, but it won’t be easy. Planning for an early retirement with an online business means working very hard to ensure your business is extremely successful. It can definitely be done, but don’t expect it to happen without putting forth some effort.

Working online can lead to a lot of great things. Just remember, working online is still work. You’ll have to put in some effort to reap the rewards of having your own online business.

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