How to earn thousands of dollars a month by using your website?
There are always myths in the internet that someone can earn over millions of dollars a year by just sitting at home and building their websites during the leisure time. And finally those guys found out that they got better paid by building websites than doing their own jobs.
Is this a joke or there is really someone out there can achieve that? I’m not sure about whether someone can earn millions per year but I think earning hundreds or even thousands per month is not that difficult to achieve by just using your leisure time!
First of all, you’ll need a website. But how to earn money? In recent years there are lots of companies launching the affiliates program to attract their target audiences and make sales. What is an affiliate? In short, if you send someone to a website which has an affiliate program, and if that person makes an order, you will get commission on that sale.
How high the commission will be? You may wonder. Different companies have different profit margins from their products and so the commission varies a lot. Usually the commission varies from 2% to 50% per sale.
I should choose the one who provides the highest commission rate? Am I right? No, very usual a very high commission rate would mean that the value of the transactions will be very low. Therefore the commission per sale would be very low. What you’d need to choose is a affiliate program with high commission, but not high commission rate.
Although there are thousands of affiliate programs, not all of them really provide a high commission to the affiliates. Asia-Product.com, who recently launched the affiliate program, really does provide a high commission to the affiliates. They are offering a very high commission rate, only 5% per sale. However, the revenue of their transaction is high since they are one of the largest wholesale electronics store in Asia and China. For example, a customer referred by an affiliate buys 10 car dvd players each costs $350. Then the affiliate will earn $350 x 10 x 0.05 = $175. If he/she can refer only one such customer a day, he/she will earn $175 x 30 = $5250/month, and there is no upper limit!
Sounds easy, right? Of course, you’ll need to be smart in order to attract traffic to your website. But by joining a few affiliate programs like Asia-Product one, you may become one of the myths in the internet.
Shanghai Microsoft R&D center to push MSN
Microsoft will set up a US$20 million MSN research and development center in Shanghai, the first of its kind in the group’s overseas market. The aim is to strengthen Microsoft’s instant message business in China. It needs a bit of a push to catch up with domestic systems.
Microsoft has purchased a 90,000-square-meter site in the industry zone at the Shanghai Zizhu Science-based Industrial Park in the southwest of the city. Intel and Shanghai Wicresoft, a joint venture between Microsoft and the Shanghai government, have already set up facilities there.
The MSN R&D center will be used to develop software, and offer technical support for MSN Messenger.
More than 15 million people already have registered MSN Messenger accounts in China, and Microsoft has launched paid wireless services, such as MSN on mobile phones with a monthly rate of RMB10 ($1.25).
Lu Bowang, an independent Internet observer, said, ‘All foreign players have to think local if they want to succeed in China.’
According to the China Internet Network Information Center, a state organization, by the end of 2006, China’s instant message market was led by Tencent with 84.4% compared with MSN Messenger’s 13.9%.
Source: China Daily
Yahoo! China Sued For Copyright Infringement
(From Pacific Epoch) Eleven music production companies have jointly sued Alibaba for Yahoo! China’s infringements of the production companies’ music copyrights by providing links to pirate music providers, Beijing Second Intermediary Court accepted the lawsuit, reports Xinhuanet. The music companies include Universal Music Group (UMG), UMG Hong Kong (formerly known as GoEast Entertainment), Warner Music, EMI Music, EMI Music Hong Kong, Sony-BMG. The music companies state Yahoo! China provided trial listening and download services for 229 songs from 46 albums from April 10, 2006. The companies are petitioning the court to have Yahoo! China to halt the copyright infringements and pay 5.5 million Yuan in compensation.
China to monitor stocks more closely
(From attimes) BEIJING - China’s banking watchdog will keep a closer eye on funds flowing into the stock markets as retail investors, not unnerved by the recent plunge, continue flocking into the markets.
The China Banking Regulatory Commission (CBRC) will investigate a sudden increase in the number of consumer loans and other bank credit operations, which are thought to be fueling speculation on the country’s red-hot stock markets.
Chinese authorities are concerned that stock-market fever is transferring risks from capital markets to banks. If speculators
borrow from banks to fund their stock-market operations, and then lose their money, the banks could face an avalanche of non-performing loans.
“We will look into the source of funds that are entering the market and also at how much money is involved,” Monday’s China Securities News quoted Fan Wenzhong, deputy director of the CBRC research institute, as saying.
He pointed out that there are many reports of people selling houses to obtain funds for stock-market speculation.
The CBRC is also concerned about the source of some of the funds being used for speculative purposes.
According to the deputy director, there has been a sharp rise in consumer loans and other credit operations recently. Fan said the CBRC will investigate the increase and take necessary measures. A risk-warning system for banks is being studied as well as regulations concerning the sources of funds used for stock-market speculation.
Nevertheless, the deputy director said much more must be done before the country can be confident of being able to avoid bubbles. Fan said the capital market and the banking industry are closely tied, and bank exposure to the capital markets is potentially risky.
The CBRC issued a notice prohibiting the improper use of credit in January.
Insiders say residential loans will come first in a comprehensive nationwide investigation.
Hundreds of thousands of Chinese have plunged gleefully into the bullish stock markets, with an average of 115,000 new A-share accounts opened each day in the first four trading days of the Year of the Pig.
A total of 110,000 new individual trading accounts were opened on the Shanghai and Shenzhen stock exchanges on February 26, the first trading day in the lunar new year, when the Shanghai Composite Index closed at a record 3,040.60 points, according to the latest statistics from the China Securities Depository and Clearing Corp Ltd.
Last Tuesday’s stock-market slump, which saw shares drop by 8.84%, the biggest daily drop in 10 years, did nothing to buck the trend, with a record 130,000 new accounts opened. A further 220,000 new accounts were opened in the next two days, bringing the total number of personal accounts on the two bourses to 82.99 million.
Analysts estimate that about 520,000 new accounts will be opened this week, as much as for the whole month of May 2006.
A stock trader is only allowed to open one personal account on each of the two bourses.
After a four-year recession, China’s mainland stock markets began to rebound at the beginning of 2006, with the benchmark Shanghai Composite Index, which covers A- and B-shares, continuously hitting new highs.
In January 2006, a daily average of 2,708 new A-share accounts were opened.