Multiple Streams of Internet Income ROBERT G. ALLEN John Wiley & Sons, Inc. New York • Chichester • Weinheim • Brisbane • Singapore • Toronto This book is printed on acid-free paper. @ Copyright © 2001 by Robert G. Allen. All rights reserved. Published by John Wiley & Sons, Inc. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, pho- tocopying, recording, scanning or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750- 8400, fax (978) 750-4744. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 605 Third Avenue, New York, NY 10158-0012, (212) 850-6011, fax (212) 850-6008, E-Mail: [email protected]. This publication is designed to provide accurate and authoritative infor- mation in regard to the subject matter covered. It is sold with the under- standing that the publisher is not engaged in rendering professional services. If professional advice or other expert assistance is required, the services of a competent professional person should be sought. Library of Congress Cataloging-in-Publication Data Allen, Robert G. Multiple streams of internet income : how ordinary people make extraordinary money online / Robert G. Allen p. cm. Includes index. ISBN 0-471-41014-4 (cloth : alk. paper) 1. Electronic commerce. 2, Internet. 3. Success in business. 4. Money. 5. Income. I. Title. HF5548.32.A45 2001 658.8'4—dc21 2001017676 Printed in the United States of America. 10 9 8 7 6 5 4 3 2 1 CONTENTS ACKNOWLEDGMENTS INTRODUCTION Online Success: Money While You Sleep CHAPTER 1 Show Me the E-Money: How to Earn $24,000 in 24 Hours CHAPTER 2 Crossing the Digital Divide: How to Guarantee Your Success on the Internet CHAPTER 3 Internet Marketing 101: A Few Simple Strategies Can Make You Rich CHAPTER 4 Internet Marketing 201: 12 Powerful Principles for Creating a Feeding Frenzy CHAPTER 5 Internet Marketing 301: Going Deep—The Secret to Online Streams of Income CHAPTER 6 Netpreneurs, Start Your Search Engines! Six Powerful Ways to Drive Traffic to Your Site CHAPTER 7 Online Mar-Ka-Ching! Six Major Ways to Make Money from Your Site CHAPTER 8 Beyond Stickiness: Nine Magnetic Ways to Keep 'em Coming Back for More CHAPTER 9 Ready. Set. Launch. How Fast Can You Go from Zero to Cash ? iii IV Contents CHAPTER 10 Online Stream #1. Joint Ventures: High-Leverage Ways to Make a Fortune Online 151 CHAPTER 11 Online Stream #2. Affiliate Programs: Cash In by Selling Other People's Stuff 171 CHAPTER 12 Online Stream #3. Selling Information: Turn Your Ideas into Steady Streams of Cash Flow 199 CHAPTER 13 Online Stream #4. Eyeballs for Sale: Making Advertising Pay 227 CHAPTER 14 Online Stream #5. Picks and Shovels: Making Money from the Infrastructure of the Net 239 CHAPTER 15 Online Stream #6. Treasure Hunting: Turning funk into Cash with Auctions 251 CHAPTER 16 Automatic Pilot: Making Money 24/7/365 271 INDEX 273 This book is dedicated the many mentors who have coached me over the years. I have been fortunate to have been mentored by dozens of wonder- ful experts. First, to my father, John L. Allen, who laid the foundation. His words were few but his example spoke volumes. My mother, Amy Judd Allen, passed away the day I was born. Every breath I take is a tribute to her sac- rifice. My father hired a housekeeper, Sally Hippard, when I was but 6 years old, and she became my surrogate mother for the next 12 years. Thanks, "Mom," for all you taught me. James and Margaret Bridge, and "my cousins next door," provided me a place to grow up normal. In my twenties, David Filmore took me under his wing and taught me how to sell. Paul Jewkes provided me a template for becoming a moral multimillionaire. Paul Brown and Pat Wyman taught me the real estate business. Lowell Christensen showed me how to crunch the numbers. Bob Steele, A. D. Kessler, Jack Miller, and John Schaub taught me cre- ative real estate investing. Dian Thomas taught me how to find a pub- lisher. Peggy Fugal taught me the beginning steps of marketing. David Canaan showed me how to design a project with style. Stan Miller became a constant spiritual friend and business guide and Steve Grow a trusted attorney. Dr. Elaine Lee gave me important guidance at a critical point in my life. Ron Sumner taught me how to dress for success—although I've retrogressed. My brother Richard, an educational genius, taught me how to turn information into systems. My sister Shirley taught me about unconditional love. Roger Larsen and Hollis Norton taught me the semi- nar business. John Childers taught me how to make money grow. Dr. v vi Acknowledgments Richard Bandler and Don Wolfe taught me how the mind works. Tony Robbins taught me how to turn fear into power. Dr. Denis Waitley taught me the psychology of winning. (I've always said I want to be like Denis when I grow up.) Brian Tracy has been my friend and an incredible exam- ple of professionalism and becoming a lifelong student. Arthur Joseph taught me about vocabulary awareness. Dr. Richard Cialdini taught me about influence. Dr. Stephan Cooper taught me how to play the stock market. Jay Abraham and Gary Halbert, the two greatest marketing gurus, taught me about marketing. Collette Larsen taught me and my wife about friendship and residual income. My longtime business partner, Tom Painter, continues to teach me loyalty and marketing prowess. Mark Victor Hansen is teaching me how to think big and then make it happen even bigger. My wife Daryl and my three children, Aimee, Aaron, and Hunter, will be forever teaching me about the importance of family. To these, my mentors, and my many other unnamed teachers, I offer eternal thanks. In the writing of this book, I have had to rely on the expertise of many. I hope I have given adequate credit through the pages of this book to the many experts I called upon to help me organize this information. Many thanks. Over the years, my author friends have shared with me numerous hor- ror stories about their publishers. I simply can't relate because my pub- lisher, John Wiley & Sons, has been absolutely fantastic. My editor, Mike Hamilton, has been wonderful, along with Dean Karrel and Larry Alexander. Class acts, all. Hats off also to Linda Witzling, Laurie Frank, Michelle Patterson, and Kimberley Vaughn. You're the best. I also offer thanks to the wonderful folks at North Market Street Graphics, especially Chris Furry, for her dedicated efforts to put this material into professional form, and to my incredible assistant, Denise Michaels. And finally, to the many readers of my books. Without you, none of my multiple streams of income would flow. Thanks a million to you all. Robert G. Allen San Diego, California 2001