Work At Home Entrepreneurs – Profiting From Micro-Blogging

If you are one of those people who work at home then this article will get you thinking. There is a new kid in the block called micro-blogging. These are social networking sites where users can send short messages to people following them. Unlike blogging where you have to come up with a full article, micro-blogs are like one liner messages; talk of lazy work at home blogger. The amazing thing, you can generate huge traffic from these websites.

Whatever business you are running, attracting customers to your business is the key to your success. Currently, social media marketing is the way to go. But websites like Facebook and MySpace have been given a run for their money. This happened with the introduction of sites like Twitter, Yammer, Plurk and others.

The advantage of micro-blogs is that they are faster means of promoting your online business. Work at home business people have discovered that you can now reach more people through sites like Twitter, identi.ca and Jaiku. This is mainly because the number of people joining these sites is increasing by the minute. To some great extent this is an awesome deal to online marketers.

Early I called this mode of communication "lazy work at home blogger"; This is because all you need to come up with are updates containing 140 to 150 characters. Therefore, now you have no excuse for not succeeding in attracting sales leads to your online products. All you need is to come up with short juicy lines, that will leave people with no choice but to follow your links, which you include within your short messages.

The one thing that crowns it all when it comes to micro-blogging is the fact that it is mobile phone compatible. This means apart from working at home you can work on the go. Big multi-national companies are now spending millions of dollars to communicate to their customers through Twitter. A good example is Dell, which has hired over 100 employees to send hourly tweets to their customers.

Follow the links below to get more insightful content on improving your work at home experience.

How Do Credit Card Companies Make Money?

Credit cards have gained much popularity in India over the last few years. Public sector banks as well as private banking institutions have come forward to launch a host of credit cards suiting customers with different types of needs. HDFC Credit Cards and SBI Card are the two companies with the largest market share. While banks are ready to offer you with a small loan in the form of credit cards, have you ever wondered how these banking institutions make money from these ventures?

The three main ways how card issuers make money is through the annual fee of the card, interest charged on late payment, penalties on skipping EMIs, etc. At the same time, they also earn from the businesses that accept these cards. Businesses are required to pay transaction fees to the banks which also makes up for significant earning of the card issuer banks.

But before we dig deeper into how they make money, let us first understand the term 'Credit Card Companies'. It is easy to get confused between credit card issuers and credit card networks. An issuer is the bank or financial institution from which you take the card. You are taking a loan from the card issuer and paying back to them. A credit card issuing company is usually a bank. On the other hand, credit card network refers to companies that process the transaction. Currently, there are three major networks in India- VISA, Master Card and RuPay. Apart from these, American Express and Discover cards can also be found.

So, when you make a transaction with your credit card, your money moves electronically from your bank through the network to the merchant's bank.

How do credit card companies make money?

As mentioned above, your bank makes money majorly from you and also from the merchants where you use the card issued by the bank to make the payment. Banks or financial institutions make money in the form of-

Fees

Banks charge different types of fees from their cardholders- some fees are to be paid by everyone whereas other types of fees are levied on condition. Let us talk about these fees and charges-

  • Annual Fees- You have to pay annual fees towards your credit card, especially when you are an elite cardholder and enjoy higher benefits than normal users. This is to be paid by all users. However, some banks may set a condition of spend based annual fee reversal scheme.
  • Cash Advance Fees- When you withdraw money from an ATM using your credit card, the bank charges a minimal fee for it which is normally correlated to the amount you withdrawal. This is also included in the card issuer's earnings.
  • Late Fees- Your card issuer charges fees from you if you delay your EMI payments. Banks make more money from late payers in the form of late fees.
  • Balance Transfer Fees- When you transfer outstanding balance from one card to another, the bank charges fees from you which again becomes its earnings.

Interest

The bank or financial institution has just gifted you a credit line. You have to pay the interest for the loan that is offered to you in the form of credit card. This interest cost adds to your expenses and is a method of earning for the banks. Interest on credit card is charged on daily basis for as long as the amount stands outstanding in your account. This is why experts always advise you to pay the total outstanding amount in full every month because interest will accrue on any amount that stands unpaid.

Let us understand this with the help of an example. Suppose the billing date is on 4th of every month and payment due date falls on 29th of every month. APR = 24%

  1. 10th March- Apparel Shopping- Rs. 5,000
  2. 13th March- Bill Payment- Rs. 2,000
  3. 19th March- Gadget Purchase (converted into 6 month EMI) – Rs. 12,000
  4. 22nd March- Dining Bill- Rs. 1,000

Now considering that the person does not have any outstanding amount from the previous bill, he will have to pay Rs. (5,000 + 1,000 + 2,000 +2000) = Rs. 10,000.

This will be the total amount due on 29th March. Now if the person chooses to pay only Rs. 6,000, the remaining Rs. 4,000 will accrue interest for each day until the amount is paid in full. Considering that the user again pays Rs. 2,000 on the 10th of April, let us see how interest cost works out-

Interest = (outstanding amount x 2 percent per month x 12 months) * (number of days) 365

In this case, the total interest charged would be Rs. 52.60 which is a total for Rs. 4,000 that lies outstanding for 11 days and Rs. 2,000 that lies outstanding for 18 days until the next payment. This is the reason why those who only pay minimum amount due tend to fall into debt soon sooner. Cardholders should also note that when an amount is outstanding in your statement, the new purchases that you make are not eligible for the interest free period. This is why interest charge is the easiest way how banks make money out of your credit card.

Interchange Fee from the Merchant

When you use your card at a merchant terminal, the merchant also pays a percentage of the amount to the bank as processing fees. This will also be added on to the bank's earnings. It usually ranges between 1 to 3 percent of the transaction value but may differ from merchant to merchant.

How to save yourself from paying too much to the bank?

Savvy customers plan their transactions and payments in a way that they have to pay the least amount to the bank. These are the habits you can adopt to cut your costs-

  • Pay your entire outstanding balance every month; just pay the minimum amount due is not a good practice.
  • Set alerts for your payment due dates to avoid missed payments which entail late fees.
  • Create an emergency fund to replace costlier options like cash advances from credit card.
  • Choose low annual fee or free credit cards and even if you select a card with high annual fee, make sure that the rewards are worth it.

Motorcycle LED Lights – Your Motorcycle Accessories!

First you have to keep in mind that quality is everything of concern with these lights. You certainly may always get everything that you in fact pay for, and your motorcycle led lights certainly can be considered as no exception to this particular rule. As you may be riding your motorcycle in every conditions, so you just have to be sure that all the light products are water proof. You also have to be sure that enough of wire is provided along with these motorcycle LED lights so that they can be installed easily anywhere on your bike.

You also should have a long time warranty against these lights so that you can always get your replacement when they are just not working. In case you are just purchasing a good quality product then failures may be very rare as these lights are always made from best quality products. You also have to be sure that you get the right product that actually suits your bike in order to achieve the perfect looks for your motorcycle. You can always manage to get a wide variety of shapes and colors and always keep in mind that any motorcycle LED lights may not just be right for any type of job, so always make a wise decision.

Always try to understand the importance of these lights so it is very much capable to add all the ground effects to your best motorcycle. You certainly can choose to light your motorcycle engine and mirrors along with number plates and side indicators. Placing a LED light under the seat may always add lots of fun and excitement to your riding. You can also make use of some of the best quality state of the art type of motorcycle LED lights so that you cab just be sure that you get the best light display. They certainly can be used to decorate the border of your bike and you can always make use of different color to decorate your motorcycle.

You can always make use of 3 Watts or even 5 Watts motorcycle LED lights in place of head lights and a combination can certainly work its miracle. These types certainly are more brighter as compared to any other standard bulb. You have to keep in mind that the amount of light reflected by these bulbs certainly may depend a lot on the size and type of reflectors that are used in the motorcycle head lamps. So, you just can distribute these LED motorcycle lights at various places in your motorcycle and get the best use out of it.

Internet Based Jobs – Find a Top Job on the Internet Today!

Everywhere you turn on the internet there are job offers for internet based jobs. Now, are internet jobs better than jobs where you have to travel and work for a large corporation at a specific location? Well, from home internet job legitimate work is REAL and not a scam if you find the right company to work for. I learned how to use the internet to find a job and it landed me one of the top internet based jobs around. I was an affiliate marketer for many huge companies promoting their products for profit.

If you are just starting out with affiliate marketing, I highly recommend trying affiliate marketing. The great thing about affiliate marketing is that there are no start-up costs and in less than 24 hours you can start making TONS of sales. Internet based affiliate marketing requires only a website that can be very basic and a know how to get people to come to the website and buy whatever product you are promoting. Being an affiliate marketer is the ultimate internet job because you have 100% job security because you are working for yourself. If you want an honest work at home job I suggest you stick with affiliate based marketing. I started out with internet marketing for online business, but that quickly changed to promoting my own products and having other promote my own products through affiliate marketing. The worst thing you could ever do is NOT try affiliate marketing at all and simply give up. It takes on aver 5 websites failing over and over again before some people even see a profit online. Internet based marketing is hard, challenging, but rewarding at the same time. You can earn well over 100K a year in no time with affiliate marketing. 10K a month is not hard, especially if you have the right tools to make you an expert niche affiliate marketer.

The best thing to do to become a successful entrepreneur is to study affiliate marketing reviews and come up with the best product to promote. You can go to clickbank and see all the products that are selling and the niches they are in. In no time you can develop your own product and start selling it for huge profits. In no time at all if you work hard at it you can hit the 100 dollar a day mark, 200 dollar a day, 500 a day, 1k a day. Eventually, you will be able to quit your day job and pursue your internet marketing career full time. Becoming an affiliate marketer will be the best decision you have ever made in your life. Trust me, it works! Home internet jobs are here to stay, especially since a gallon of gas is over 4 dollars! Many people and companies are resorting to running their businesses from home. It is everyone’s dream to work at home and you can with affiliate marketing! I wish you the best of luck finding that amazing job.