I have previously gave a basic blog on How to Make Money Online. In that blog I just mentioned a few ways to make money online. Then I followed that one with another blog that was a little more specific to the Affiliate Marketing method of making money online. See these blogs by clicking on the appropriate links above.
Now I will share a little about the Online Auction method to making money online.
Many, many people make huge amounts of money online by using online auction sites. Some of these sites are just like going to a real auction. You see something you want and you put a "bid" on that item. There is usually a time limit set for the auction to end on that particular item. At the end of the auction, the person with the highest bid wins. The winner pays the bid price and the item is shipped to the winner. Other sites allow you to post items for sale. You will pay a small listing fee for this item or there are some sites that will allow you to list your item for free. If there is a listing fee, this fee is taken out of the final sale price. You place a time limit on your item and at the end of that time, you recieve the amount of the highest bid, minus your listing fee if one was charged. You then ship your item to the winner.
Now, how do you make money on an auction site? Pretty simple, actually! You go to an online auction site and you find items that are of interest. You place your bid until you win. The item gets sent to you. You then turn around and re-list this product at another online auction site. Of course, you need to get this item at a reasonable bid in order to be able to make a little more elsewhere. So, you will need to learn when to bid and when not to bid. If you place a bid and someone places a higher bid, then you obviously have no further obligation to bid higher.
There are programs available that you can get that will help you research almost any product available at any auction site. These programs will tell you how many of an item is available, what the average list price is, what the average winning bid is and many other stats. Using one of these programs is almost a must when you first start. Eventually you will have a good idea of what items are most profitable at online auction sites.
Another example of finding items to list on online auction sites is simply cleaning out your garage and finding items that you no longer want or need and listing those for sale. You would be surprised at what you can find laying around that you could list on an auction site.
The sites that allow you to list items usually do not have any interest in what your product is or what condition it is in. Most online auction sites will not allow you to list pornography, illegal drugs, or anything else that is illegal or offending to the general population of users. On the other hand, your item could be pretty much anything. If you have an old baseball that you caught in a Cincinnati Reds ball game or a brand new baseball that never has been taken out of the plastic that covers it, both could be listed. Maybe you have an antique artpiece that you found in a garage sale or a headlamp out of a car. Almost anything can be listed at these sites. I once heard that a guy saved, in a jar, the extracts from blowing his nose over a few years and listed it on Ebay. That jar was bid on and won by a university that studied it for some purpose they were persuing. I know that is pretty gross, and I am not positive that it actually happened, but that really is possible on an online auction site. The online auction site never handles the item. All transactions are between the buyer and seller.
Most online auction sites have a feedback system that buyers and sellers can use to "rate" their experience with the other party. So, let's say that you list and sell a pair of skates. The buyer, after receiving the skates, should go back to the online auction site and give you a rating. This rating is based on things like, was the item what you described it as, did they get it in a timely manner, was it in the condition you said it was, etc. Also, you should go back to the site and give the buyer a rating. Did the buyer pay you as your listing requested. Did they give you the feedback that you needed, have they contacted you over and over, etc. These ratings are very important to being successful at these auction sites. If you receive an overall poor rating, or sometimes just less than a great rating, people will not want to deal with you. So, it is very important to list your items accurately and post pictures of the item showing the condition. Also, ship your item in accordance with what you say in your listing. If you do not hear from your buyer or do not get a rating, contact the person and see if there is a problem that you need to address. Do whatever you can or whatever you have to in order to keep your rating high. The higher the better. You will assuredly get negative feedback from someone at sometime, but it is an overall rating that really counts.
Now, let's talk about the big money making way to use online auctions! There are auction sites out there that only auction off items and don't allow just anyone to list. These sites cater to businesses with excess stock. These businesses will list these items on online auction sites and be happy to get what they can for their excess items. The alternative is to throw the stuff away and take a total loss. This can amount to millions of dollars. So, they list them online and get what they can. You can pick up items very cheap this way. The drawback to this method is that you have to deal with inventory. Some people don't mind dealing with inventory. As long as the money is good, they will pay the shipping costs, which they normally pass on to the next buyer.
How do you make the big money? You find an online auction site that lists the products you want to promote. You promote the item(s) however you want and wherever you want at whatever price you want to and when someone purchases the item(s), the auction site packages it and ships it. You get the difference between the auction list price and your price. So all you have invested is your time to market and promote this item. But if you promote it at another online auction site as a product that someone can "buy right now at this price", then you have it as a permanent listing and you just keep making the money. You never have to stock anything! This method is called dropshipping.
So, this is just an overview of the way to make money online with online auction sites. As with any online money making venture, make sure to do your research on this method. If done properly and maybe with a little guidance, you can make a lot of money with this method. To look at some sites related to this method, visit my Home Page at http://www.cashforyoufromhome.com/.
To your success,
Jack
Saturday, February 20, 2010
Monday, February 15, 2010
Making Money Online - Methods2
If you decide to become an Affiliate Marketer, you will see that this is one of the fastest ways to make money online. There are literally hundreds of thousands of affiliate marketers online making real money. As an affiliate marketer, you are sort of the middle man. You are the guy promoting someone else's product. You send people to someone else's web page to purchase a product. When that person makes a purchase, you get a commission from the product owner based on your agreement with them. This commission is generally in the form of a percentage of the total sale. So, let's say, for example, that you send someone to a product that sells for $100. If your agreement with the owner is 50%, then you make $50. Alot of times you will get up to 75%. You usually get a higher percentage for digital information sales than you do for physical items.
When you first start out, you are just an affiliate. After you get going and you are making big money, you are considered a Super Affiliate. These guys and gals are making alot of money and promoting many things at the same time. But your goal should be to become a Mega Super Affiliate. These affiliates are making as much as $1,000,000 or more a year.
There are many programs available to guide you through the process of becoming an affiliate. To become successful quickly, I recommend that you research a few of these programs and find one that comes up on search results from Google or Yahoo or Bing, or other search engines.
Some affiliate programs are available to help you find products to promote. A couple of examples are Clickbank and Commission Junction. Clickbank is a great program that offers digital products only (ebooks, how to guides, informational products). Commission Junction is also a great program that offers digital products, but they also offer physical products (camping gear, musical instruments, clothes, you name it). If it can be bought, it is probably on one of these sites.
These sites do not own these products, but rather vendors pay to have their products listed there for affiliates to promote. So, these vendors rely greatly on the affiliate to promote their product(s) for them. Once the affiliate sends the customer to the vendor, it is up to the vendor to make the sale. Once the sale is made, the vendor pays the affiliate for sending the customer there. The vendor knows who sent the customer to their site because when the vendor and the affiliate made the agreement, the vendor assigned the affiliate a code to put in the affiliates blogs or articles or websites, or whatever method the affiliate marketer wants to use to promote the product.
The affiliate can promote the product(s) in many different ways. (S)he can make up a website and promote the product that way. They can post plogs on places like Blooger.com or WordPress.com or thousands of other blogging platforms. They can simply go to forums and post therir replies with a link to the product(s) they are promoting.
I recommend that the affiliate marketer make a web page of their own. On this website, they put a form that the customer puts their email address and name in so that the affiliate has a record of who asked for the information they are giving. That way, the affiliate can send them future offers that relate to the product the customer asked for. This is one method to becoming a Super Affiliate.
To become a Mega Super Affiliate, you should do all of the above plus some. What gets you on the road to becoming a Super Affiliate is to develop your own product and market it. When you sell your own product, who do you share the profits with? No one! You get 100% of the profit. You are not paying an affiliate. You can also develop these products and sell the resell rights to them. If you have good quality products, they will fetch a pretty penny (or perhaps a pretty dollar)!
Hope this sheds some light on the Affiliate Marketer method!
Stay tuned for other Methods of Making Money Online!
'Til next time,
Jack Dotson
<script type="text/javascript" src="http://www.needearn.com/affiliate/scripts/banner.php?a_aid=c76a3325&a_bid=3fba6978"></script>
When you first start out, you are just an affiliate. After you get going and you are making big money, you are considered a Super Affiliate. These guys and gals are making alot of money and promoting many things at the same time. But your goal should be to become a Mega Super Affiliate. These affiliates are making as much as $1,000,000 or more a year.
There are many programs available to guide you through the process of becoming an affiliate. To become successful quickly, I recommend that you research a few of these programs and find one that comes up on search results from Google or Yahoo or Bing, or other search engines.
Some affiliate programs are available to help you find products to promote. A couple of examples are Clickbank and Commission Junction. Clickbank is a great program that offers digital products only (ebooks, how to guides, informational products). Commission Junction is also a great program that offers digital products, but they also offer physical products (camping gear, musical instruments, clothes, you name it). If it can be bought, it is probably on one of these sites.
These sites do not own these products, but rather vendors pay to have their products listed there for affiliates to promote. So, these vendors rely greatly on the affiliate to promote their product(s) for them. Once the affiliate sends the customer to the vendor, it is up to the vendor to make the sale. Once the sale is made, the vendor pays the affiliate for sending the customer there. The vendor knows who sent the customer to their site because when the vendor and the affiliate made the agreement, the vendor assigned the affiliate a code to put in the affiliates blogs or articles or websites, or whatever method the affiliate marketer wants to use to promote the product.
The affiliate can promote the product(s) in many different ways. (S)he can make up a website and promote the product that way. They can post plogs on places like Blooger.com or WordPress.com or thousands of other blogging platforms. They can simply go to forums and post therir replies with a link to the product(s) they are promoting.
I recommend that the affiliate marketer make a web page of their own. On this website, they put a form that the customer puts their email address and name in so that the affiliate has a record of who asked for the information they are giving. That way, the affiliate can send them future offers that relate to the product the customer asked for. This is one method to becoming a Super Affiliate.
To become a Mega Super Affiliate, you should do all of the above plus some. What gets you on the road to becoming a Super Affiliate is to develop your own product and market it. When you sell your own product, who do you share the profits with? No one! You get 100% of the profit. You are not paying an affiliate. You can also develop these products and sell the resell rights to them. If you have good quality products, they will fetch a pretty penny (or perhaps a pretty dollar)!
Hope this sheds some light on the Affiliate Marketer method!
Stay tuned for other Methods of Making Money Online!
'Til next time,
Jack Dotson
<script type="text/javascript" src="http://www.needearn.com/affiliate/scripts/banner.php?a_aid=c76a3325&a_bid=3fba6978"></script>
Saturday, February 6, 2010
Making Money Online- Methods1
People all around the world are looking for ways to make more money. With the economy being in a slump, people are looking more and more for money making opportunities. We all know the job market is slim pickings out on the streets. Even people with PHD’s are laid off and are having to basically start a whole new career path. So, people are looking at how to make money online.
Making money online can be a very easy thing to do with a little guidance. There are endless opportunities to make money online. Opportunities range from simply putting something (like a car you no longer want or an antique you stumbled across) on a “For Sale” site, to being a huge manufacturer of a product or thousands of products and using the web site as your advertising medium or sales medium. Let’s say you are right out of high school and you have no experience to qualify for a job. So, you decide to try making money online. How are you going to figure out how to make money online? Or, maybe you are a General Building Contractor who has, due to the slumping economy and the effect it has had on the building industry as a whole, had to lay off all your workers and close your business. Are there opportunities for you? Of course there are!
Making money online can be something that anyone can do. There are many methods to making money online. Here are some:
You can join a Multi-Level Marketing (MLM) company…this is where you buy a distributorship into a product and sell this item or items. You buy whatever products you sell and you keep the profits yourself. Whoever signed you up to the MLM company makes a percentage off of the products that you buy. Then, when you sign people up under you, you get a percentage of whatever products they buy. And so on and so on.
You can, in the case I mentioned above with the General Contractor, use your experience and your expertise as a way to sell your knowledge…to do this, you would simply make a name for yourself by going to “How To” websites that allow peoples comments and opinions, called “BLOGS”. Here you start offering your knowledge in the form of an article or just a response to someone’s questions. After a while, if you are popular, you can actually demand a price for your “input”.
On these same lines, there are places like SEED.com that will give you a few topics to choose from to write articles on…if they use your article, you get paid. SEED gets the requests for information from many sources and then fulfills those requests through your or other’s articles.
Affiliate Marketing…this is how many, many products on the internet are sold. The way you make money online by being an affiliate is to set up a web page that gets people to come to your web page and from there you send them to someone else’s product. You are basically an advertiser for that product. If the person buys a product, you get a commission from that sale. This is a very easy way to make a lot of money really fast.
These are only a couple of literally hundreds of possibilities of making money online.
Here is some examples:
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SRC="http://www.theaffiliatecode.com/banners/160x80.gif"
NOSAVE BORDER=0 height=80 width=160>
Top Stories
Making money online can be a very easy thing to do with a little guidance. There are endless opportunities to make money online. Opportunities range from simply putting something (like a car you no longer want or an antique you stumbled across) on a “For Sale” site, to being a huge manufacturer of a product or thousands of products and using the web site as your advertising medium or sales medium. Let’s say you are right out of high school and you have no experience to qualify for a job. So, you decide to try making money online. How are you going to figure out how to make money online? Or, maybe you are a General Building Contractor who has, due to the slumping economy and the effect it has had on the building industry as a whole, had to lay off all your workers and close your business. Are there opportunities for you? Of course there are!
Making money online can be something that anyone can do. There are many methods to making money online. Here are some:
You can join a Multi-Level Marketing (MLM) company…this is where you buy a distributorship into a product and sell this item or items. You buy whatever products you sell and you keep the profits yourself. Whoever signed you up to the MLM company makes a percentage off of the products that you buy. Then, when you sign people up under you, you get a percentage of whatever products they buy. And so on and so on.
You can, in the case I mentioned above with the General Contractor, use your experience and your expertise as a way to sell your knowledge…to do this, you would simply make a name for yourself by going to “How To” websites that allow peoples comments and opinions, called “BLOGS”. Here you start offering your knowledge in the form of an article or just a response to someone’s questions. After a while, if you are popular, you can actually demand a price for your “input”.
On these same lines, there are places like SEED.com that will give you a few topics to choose from to write articles on…if they use your article, you get paid. SEED gets the requests for information from many sources and then fulfills those requests through your or other’s articles.
Affiliate Marketing…this is how many, many products on the internet are sold. The way you make money online by being an affiliate is to set up a web page that gets people to come to your web page and from there you send them to someone else’s product. You are basically an advertiser for that product. If the person buys a product, you get a commission from that sale. This is a very easy way to make a lot of money really fast.
These are only a couple of literally hundreds of possibilities of making money online.
Here is some examples:
SRC="http://www.theaffiliatecode.com/banners/160x80.gif"
NOSAVE BORDER=0 height=80 width=160>
Top Stories
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