Have you ever had any contact with EasyChairClub? could you use twice your money back in as little as two weeks? When we see these type of claims we all go, no thanks. That is too good to be true. Most of time that is right answer, however, I have been doing some research and have been testing this system out over last month or so. What I will share with you here are experiences that I personally have had with this group. The successes and some of differences between two programs.

MagicDoubler and DollarMonster are similar programs (with some subtle differences) Both are based on a fast cycle Matrix which provides you "Double your investment" in x days. The time x varies with matrix build and traffic though put. When released MyMagicDoubler had a cycle time of 6 Days! Both programs have cycled an average of 11-15 days with some periods out at almost 30 days. So worst case to-date has been 200 % return in 30 days. (not bad for worst case) Test Drive: I ran a test early with DollarMonster where I invested just $25 of my own money. The objective was to see what could be returned in 30 days with this investment. This investment cycled 2.5 times in 30 days but I also did some advertising to my existing list and some free traffic sources. This was to bring in second component to system. You receive 20% commission on your direct referrals, these payments are made at time of investment. Take note here, that is each investment made by your referral. I turned $25 investment into $368. The results of my trial can be seen at http://edwinc.com/test-the-monster.htm Can you really get your money out? I here you say. That was my other test. The original $25 from above test, has been withdrawn successfully. Also $75 invested which turned into $150 was also withdrawn. No problems, no questions, it takes approximately 12 hours from time you request payment to time your IntGold or Stormpay accounts are credited. I tested both.

The following are various steps that you would need to take in order to open a successful online store

1.) Designing a website that sells

The first most important aspect of online selling is to have a professional looking website that is designed to sell. You can go about creating website from code up using web designers or simply go for readymade website templates. If you are purchasing website templates, be sure to go for templates that are professionally designed and have option of shopping carts. Buying templates from providers who offer allied services like template customization, web hosting; SEO etc would be even better. Some template providers like ‘buytemplates.net’ offer allied services irrespective of where you actually purchased template from. To get a rough idea of how your site should be designed you can take hints from successful online stores like http://www.ishopage.com, ‘gap.com’ and ‘bestbuy.com’.

2.) Hosting your store online

There are many factors that you need to take into consideration before selecting your web host when it comes to online selling. Some of major factors are discussed as follows.

a.) Secure servers

Firstly you got to make sure if your web host offers you with SSL encryption which is very important for secure money transactions online. Most web hosting companies would offer you with SSL secure server facilities along with a regular package whereas a few would charge you an extra amount for service.

b.) Up time guarantees

Your business is only as good as it remains online. Make sure to go for web hosting service providers who promise you an uptime guarantee of 99 %. Also check to see as to how they back up their data and what kind of back up systems they have in place in case of emergencies.

c.) Private CGI-BIN

A CGI-BIN directory is a location on your web server where you can upload your binary scripts or interactive programs. This is very important for payment processing and shopping cart management. So be sure that hosing company gives you a private CGI BIN directory.

d.) Web logs and web statistics

Web logs and statistics are vital for your online business. Studying web logs can give you much needed information about your customers and your sales records. Understanding your customer behavior can help you retain customers and attract new customers.

e.) Customer support

Get as much information about hosting company’s support policies and type of support they offer. Go for web hosting companies that offer 24/7 customer support.

f.) References

Most web hosts promise you lots of goodies but may not live up to it. Make sure to test web host’s credibility by asking them for references. The existing customers of hosting company can give your first hand information on service that you can expect to get.

In addition to this you should also look for services that offer you Mysql database and PHP scripting, unlimited emails and a minimum space of 10GB.

3.) Deciding on shopping carts

If you are selling more than a handful of products then having a shopping cart on your site is a good idea. You have three major options of getting yourself an online shopping cart. First one is buying a shopping cart software program; second is using services of an ASP and third is programming it yourself.

Your best option as a beginner would be to go for ASP services. These services are cheap and come with flexible options. As time passes and you online business develops, you can hire programmers to design yourself a customized shopping cart or buy shopping cart software programs that can be set up in your server. Some good ASP’s that offer shopping cart services are ‘SecureNetShop’ (SecureNetShop.com) and ‘GoEmerchant’ (GoEmerchant.com).