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Why you should hate dropship ecommerce like I do. | Flippa Blog

Based on the average conversion in your niche, and the cost to buy one click which is dictated by the other advertisers who all have bigger margins if they’re supplying direct, the amount you would spend to get a sale usually doesn’t generate enough gross profit to make buying clicks sustainable. I’m sure there are exceptions or sites that convert so well, they buck the trend but you’ll find this isn’t the case for the majority of drop-ship sites that you look at.
This why most drop-ship stores rely on Organic Search traffic.
The owners try paid traffic and quickly give up. But we all know that an ecommerce store without paid traffic is like a goldfish in a shark tank right? Besides never being able to hit scale that matters, you’re stuck in a market dominated by competitors who can and will spend whatever it takes to steal your market share, and you’ll be defenseless to do anything about it.
If that wasn’t bad enough, you might also be competing against your own suppliers, who can offer lower prices if need be and spend more to advertise than you ever could.
In short, DSE is a flawed model that SHOULD never scale. It sometimes does, but it’s usually short-lived. Buy at the wrong time and you’ll be left paying for the seller’s mistakes.
So wait, I should never purchase a drop-ship Store?
Not quite. Drop-ship purchases have been some of the most profitable ones I’ve ever made.

via Why you should hate dropship ecommerce like I do. | Flippa Blog.

My Income Report – October 2014 |SmartPassiveIncome

Net Total in October: $57,495.39
Net Total from Previous Month: $80,037.81
A Note from Pat:
A significant portion of my total online income comes as a result of this very blog that you’re reading right now – mostly from the products that I recommend as an affiliate, which are products I’ve used or am extremely familiar with and have helped me in my own businesses.
When I first started this blog back in 2008, I never intended to make any money from it. If you go back to my earlier income reports you’ll see that all of my income was coming from outside of this blog through other businesses. Over time, however, the SPI community has grown and as a byproduct of being helpful and giving away as much as I can, I started earning an income from this site too. Because I believe in total honesty and transparency, I decided to include the income from SPI on these reports as well. It wouldn’t feel right hiding this from you.

via My Income Report – October 2014.

Guest Post: 5 Ways to Value a Website | Flippa Blog | Buy & Sell Websites

So what is your site really worth? “What anyone is willing to pay for it!” That’s the real answer. However, that’s not an answer you can put in your bank account. To make it a bit easier to find a fair valuation for your site, here are five valuation methods to use:

Website Valuation Method #1 – Comparable Sales
In the real estate market, Comparable Sales are called COMPS. A comparable is found by searching for related sites in your niche that are as close to your site’s age, traffic and revenue as possible. The closer the numbers are for a comparable site, the higher relevance the site has in the valuation.

To create a comparable valuation on a website generating $250 in monthly income from Adsense, with 5,000 unique monthly visitors and a PR of 1, the first step is to search Flippa.com won listings for sites that closely match this criteria.
The following are six sites in the results that can be used for the comparison.

Domain Won Price Profit Mthly Unique PageRank
Onlineincomeportal.com listing $2,950 $212 72,062 0
Cheapholidaytr.com listing $1,500 $229 4,200 1

via Guest Post: 5 Ways to Value a Website | Flippa Blog | Buy & Sell Websites.

Computer-Generated Articles Are Gaining Traction – NYTimes.com

Link To Full Story: www.nytimes.com

But Narrative Science is based on more than a decade of research, led by two of the company’s founders, Kris Hammond and Larry Birnbaum, co-directors of the Intelligent Information Laboratory at Northwestern University, which holds a stake in the company. And the articles produced by Narrative Science are different.

“I thought it was magic,” says Roger Lee, a general partner of Battery Ventures, which led a $6 million investment in the company earlier this year. “It’s as if a human wrote it.”

rentzsch.tumblr.com: GoDaddy SSL Cert Scam

Link To Full Story: rentzsch.tumblr.com

On Aug 10 2010 I bought a 1-year SSL cert from GoDaddy (I know, I know) for $12.99. I installed it and successfully used it on an ecommerce site.

On June 25th I get an email warning me that my cert “is coming up for renewal in 15 days”. June 25 + 15 days == July 10th. Sure enough, this morning GoDaddy auto-renewed my SSL cert. Which I never enabled auto-renew on. And, they raised its price to $49.99.

rentzsch.tumblr.com: GoDaddy SSL Cert Scam

Link To Full Story: rentzsch.tumblr.com

On Aug 10 2010 I bought a 1-year SSL cert from GoDaddy (I know, I know) for $12.99. I installed it and successfully used it on an ecommerce site.

On June 25th I get an email warning me that my cert “is coming up for renewal in 15 days”. June 25 + 15 days == July 10th. Sure enough, this morning GoDaddy auto-renewed my SSL cert. Which I never enabled auto-renew on. And, they raised its price to $49.99.

Amazon: associates program in California to be terminated (Update: Gov. signs tax law) – Boing Boing

Link To Full Story: www.boingboing.net

Amazon announced today that its Associates program is to be terminated in California, in response to a new sales tax bill there. The move appears to be pre-emptive hardball to try and avert the bill being signed into law.

UPDATE: Gov. Jerry Brown has signed the law.

Amazon: associates program in California to be terminated (Update: Gov. signs tax law) – Boing Boing

Link To Full Story: www.boingboing.net

Amazon announced today that its Associates program is to be terminated in California, in response to a new sales tax bill there. The move appears to be pre-emptive hardball to try and avert the bill being signed into law.

UPDATE: Gov. Jerry Brown has signed the law.

The Noob Guide to Online Marketing (With Giant INFOGRAPHIC) | SEOmoz

Link To Full Story: www.seomoz.org

The new darling of the marketing community still gets grumbles from the old-schoolers. Ignore them for they know not what they say. SMM is a massive topic, so for the noob guide we’ll focus on a few key platforms: Twitter, Facebook, LinkedIn. And a few key strategies: developing a style and how to convert your social traffic.

#1 - Claim your brand
#2 - Set up your Twitter account
#3 - Have something to say - define your style
#16 - Build a following on Twitter
#23 - Time your tweets
#30 - Create a conversion oriented Facebook fan page
#31 - Connect your blog to Facebook
#32 - Seed some facebook fans
#39 - Start networking on LinkedIn
#45 - Stay in the conversation: Leave Twitter tabs open for "live" social interaction
#46 - Create a social media contest page with viral features

The Noob Guide to Online Marketing (With Giant INFOGRAPHIC) | SEOmoz

Link To Full Story: www.seomoz.org

The new darling of the marketing community still gets grumbles from the old-schoolers. Ignore them for they know not what they say. SMM is a massive topic, so for the noob guide we’ll focus on a few key platforms: Twitter, Facebook, LinkedIn. And a few key strategies: developing a style and how to convert your social traffic.

#1 - Claim your brand
#2 - Set up your Twitter account
#3 - Have something to say - define your style
#16 - Build a following on Twitter
#23 - Time your tweets
#30 - Create a conversion oriented Facebook fan page
#31 - Connect your blog to Facebook
#32 - Seed some facebook fans
#39 - Start networking on LinkedIn
#45 - Stay in the conversation: Leave Twitter tabs open for "live" social interaction
#46 - Create a social media contest page with viral features