Posts filed under 'Online and eBay Business'

Business Idea of the Day: Sell Ebooks

I know many of you must have noticed those ads that sell you information on ebooks, normally with the claim that you can generate tons of income. But did you know thats how a lot of people make money? Yes, by selling Ebooks quite a few of these individuals make an awesome amount of income, just check out this neat article I found in Yaro Starak’s blog (these people made $250,000 in a year!). Are you interested? Then here is what you have to do:

  • Get the Ebook. You can either write one from scratch about a topic you really know about (provided its a marketable idea), or you can buy one. Yes, many ebook authors actually allow people to resell their ebooks, and this can be a wise choice for you if you wish to sell multiple ones. You can find them all over the web, and even buy them in bulk from individuals (you can find a few on the Digitalpoint Forums).
  • Make a Pitch Page. You will have to get a domain name for your product, and when you do, you will also have to get a web page made that will act as your sales pitch. You can either do this yourself, or have someone else do it for you. It should be able to grab a persons attention when they first see it, so its very important to have a good pitch. This is a nice example of a pitch page: The Truth About Six-Pack Abs.
  • Get registered at ClickBank. This is a checkout service specifically designed for digital products (like Ebooks and software). The best part about it is it’s huge network of affiliates. Basically, all you would have to do is it set the amount of commission you are willing to share with an affiliate, and let them promote the products for you. You would be surprised to see how big the share of affiliate sales are for many ebook sites, with some of them receiving more than 80% of all their sales from affiliates.
  • Market your Ebook. Aside from ClickBanks affiliates, you can also use Google Adwords to market you products, which would display in Adsense’s Pay-Per-Click (PPC) ads. You can also drive traffic through a paid traffic service, but be careful; some paid traffic services drive traffic through bots and pop-ups/pop-unders. Make sure you do your research before using them.

Add comment July 23rd, 2007

What to look for before joining an online affiliate program?

With the substantial growth of the Internet and the popularity of Internet Marketing newer ways have been developed as to earn income from your own web’s traffic. Affiliate programs also referred to, as associate program is a reliable technique of earning income online. Most of the affiliate programs aim to help you set up a technique through which you begin earning commissions on visitor sales as referred by you. The quality of programs and results however vary immensely from one program to another thus making it imperative to choose which goes best with you and your website. Thus this article should be able to give you a clearer picture of what to look for before joining an online affiliate program.

1) The degree of stability of the company as well as the program
It is of immense importance that you should understand how stable is the affiliate company and its program if you are to survive in the long run. You should also consider if the company is financially sound and if they offer assistance while promoting any opportunity you may have. Another point to notice is if whether they make payments in a timely fashion. If not then this may give an indication that something is wrong with them on the money front and you could lose on potential income.

2) Synergy with your site
This is another vital factor that you must consider if you with to get yourself affiliated with another online company. It is often observed that many sites sign up for every affiliate program they can, just to make a few bucks on each and be profitable. For some this may work out however for most others it will not as it will turn off your targeted audience just because of over commercialization. If you are seriously considering various affiliate programs then be sure what your online audience might be interested in which in turn results in online buying.

For example if your site caters to a general audience then perhaps general affiliate programs such as Amazon will be beneficial. Another example could be if your site caters to car enthusiasts then a leading car website would be an effective program.

3) Commission Tracking
Another important aspect that you may want to look into is whether the affiliate program offers some way for you to track sales and the number of visitors you refer. There are many ways this can be done. Ways like real time or online reporting system shows you the exact number of sales as well as your commission. You can also track sales through a simple email system. You should also test the accuracy of the system if you want to avoid any biased ness.

4) Look for Repeat Business Opportunity
A business cannot survive simply on a one-time purchase. You will have to seek ways for repeat online sales. This holds its relevance with affiliate programs. One of the biggest complaints many webmasters have is that if they are affiliated with sites like Amazon and if they refer a customer then they get the one time commission of say $ 1 or $2 but in the process the customer bookmarks the Amazon Home Page. The next time the customer visits the site they automatically return to the homepage through the bookmark and the Webmaster never gets another cent. Several online programs have tried to ease out this problem and they have been successful to do so. So you must also look into this aspect if you are seriously looking to join an online affiliate program to earn the extra income.

Add comment July 22nd, 2007

Sell products without carrying inventory: Why Drop Shipping should be your choice

What is Drop Shipping? If you’ve never heard of the term, Drop Shipping is basically selling products offered by wholesalers directly to the end consumers, while making a nifty profit in between which is usually decided by you. To be more specific, I’ll give the Wikipedia definition of it:

“Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to wholesalers, who then ship the goods directly to the customer. The retailers make their profit on the difference between the wholesale and retail price.”

Sounds like a great idea right? But you might be asking yourself how you can start, and how would you sell these, considering you don’t have inventory; its simple really.

Some of these companies may actually offer catalogues (though they may you want you to become a member prior to trusting you with their materials) by which you can show customers different products that you can offer to them. You may find many drop shippers like this that engage in selling antiques, women’s products, household products, collectables, and decoration pieces. This is a nice choice if you have an extensive number of friends and family, especially if you are active in your community since it can open may different prospects for you to form a customer base and develop a network of customers that spreads by word of mouth.

Nowadays, many drop shippers offer services by which you can sell directly through the Internet. Many of these are also geared towards people who wish to sell on eBay, which can prove to be a positive choice considering you won’t have to stock up on inventory and worry about building an excess. In fact if a product doesn’t sell, you won’t even have to worry too much as you didn’t even pay for it in the first place. Plus if you wish to work from home or work from home already, you can’t miss the chance to build some extra income from something that probably wouldn’t take much time out of your day. There is only money to be made in this business, since you have virtually no up-front costs for it (unless the company requires you to be a member).

Given these reasons, it should be a no-brainer for many people why this is an ideal choice for a home based business. But keep in mind that there are many scams out there too. Some of these scams include selling you false drop ship lists that have outdated or fraudulent companies. They may not even be drop shippers at all, but other businesses or individuals who act as middlemen between the wholesalers and retailers, which would leave little room for retailers to make profits.

Add comment July 12th, 2007


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