Sunday 6 April 2008

The Million-Dollar Student

It took a 21-year-old a few minutes to come up with an idea which has made him more than one million dollars in four months. So what's his secret?

It started with a blank notepad, an overdraft and a shortage of socks. Now it's a million-dollar business.

Last August, as a three-year degree loomed, Alex Tew lay on his bed in his family home in Cricklade, Wiltshire. It was time for his nightly brainstorming session. The first thing he wrote in his pad was "How can I become a millionaire?" Twenty minutes later, the Million Dollar Homepage idea was born.

It was selling pixels, the dots which make up a computer screen, as advertising space, costing a dollar per dot. The minimum purchase was $100 for a 10x10 pixel square to hold the buyer's logo or design. Clicking on that space takes readers to the buyer's website.

To see his homepage, click the following link:http://www.milliondollarhomepage.com/



http://news.bbc.co.uk/1/hi/magazine/4585026.stm

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MySpace lines up music labels to compete with iTunes

MySpace has teamed up with three of the four major record labels, Sony BMG, Warner Music and Universal, to make their catalogues available via MySpace Music.
The move aims to convert the site's existing audience of music fans into paying customers, by offering what it calls 'the most comprehensive catalogue of music content available online'. With its reputation as an online destination for music, and an audience of 30m unique users, this move should provide some serious competition for iTunes, as well as Amazon's recently-launched music download store.

The site's users will be able to purchase songs and ringtones from both the MySpaceMusic page and individual artists' pages on MySpace.

The promotion of previously unknown and independent musicians has been one of the site's strengths, yet there is no word yet on whether MySpace will offer music from indie labels. Like Amazon, the downloads will be offered DRM-free, while MySpace Music will also provide ad-supported streaming of music and video.

With Amazon and now MySpace Music, iTunes now has some real competition online, but with so many people locked into using iTunes and iPods it will be difficult to break Apple's early dominance in what is still a nascent market.

Google Adwords

I was looking through internet marketing websites, trying to look for something that was out of the ordinary, something appealing, something captivating, and something i feel many people would be interested in. And to my suprise i came along Google Adwords, where you can basically reach people when they are actively looking for information about your products and services online, and send targeted visitors directly to what you are offering. With AdWords cost-per-click pricing, it's easy to control costs—and you only pay when people click on your ad. By applying online you can create ads and start managing your account—takes just minutes.