Make $7,500/ Month or More Selling on Amazon

Thursday, August 11th, 2011 at 11:49 am  
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Amazon

AmazonThis is a step by step guide on how you can make $7,500/ month or more selling on Amazon.

What I am about to show you is a tried and tested approach to making hordes of money selling on Amazon and the best part is, you will not have to stock products.

Here is a step by step guide to maximizing profits on Amazon.

 

1) Choose a niche within Amazon that you want to start selling in. I like to focus on niches that will sell for a decent amount. My personal price point is products that sell for $25 + and that I know will do decent sales. If you go lower than this you run into problems with your arbitrage (or buying low – selling high strategy).

 

So for the purpose of this exercise let’s look at video games. . .

 

Since I know the 2nd Installment to “Trans Formers” movie just came out, I am sure that video game sales will also do well. So I quickly locate the product on Amazon (here is a search link).

 

Now, I notice that the game seems to be listing in the Amazon marketplace for an average $59.99 (with free shipping) so I know if I am going to sell this product on Amazon, I need to be in the range of $57 – $64 (with free shipping) to capture any sales.

2) Find a seller / drop-shipper . . . After you have located your product you need to find some sources where you can buy (ideally cheaper) than you have found it on Amazon.

 

I like to use the Google Product Search tool.

 

Once we are on Google juts search for “Transformer Revenge of the fallen PS3″.

 

Then sort for suppliers that have a 4 star rating or better. When you are using this strategy, you really can’t afford to buy from some fly-by-night supplier and run the risk of them not shipping your item.

 

I can see using this method that there is a 4 star selling who has the game for $39.99, now our question is how much they are going to charge us for shipping?

 

I placed the item in my shopping cart, and went to their check out. You can see that they are charging $7 for standard shipping which will take 5 – 10 days.

 

So, that brings our price to $39.99 + $7 shipping (We will call it $47.00 total).

 

3) Make sure you will be profitable . . . Next, find a good Amazon calculator (just Google to find one of your choice).

 

I like the Amazon calculator at rolbe.com.

 

Do Reverse Amazon Fee Calculation and enter in $47 (after fees) to receive this amount. (Assume a Pro Merchant Subscription – so we can remove the $0.99).

 

Our sale price on Amazon has to be $56.88 to cover our fees.

 

This means that if we sell for $59.99 we are going to profit $3.11 on every copy we sell.

 

Now this is not going to make you rich by it-self, but if you do this across 50,000 products and sell just 0.05% of those products sale 1 time / month, that gives you 2500 sales . . . and at $3 / sale profit you are PROFITING a cool $7,500 / month.

 

Final Thoughts and Tips

 

One of the most appealing nuances of selling on Amazon is that all you need is a SKU number. Once you locate the SKU of the product you are going to sell you can simply enter it in and the description, image, and product information will instantly be added in.

 

You don’t always have to shoot for the lowest price, and don’t worry about being on the 3rd and 4th pages. The trick here is volume of products. By sorting and compiling a list of 50,000+ products you will have a great chance of success with this method. You don’t need to be concerned about having a large list of products; Amazon.com has a lightning fast product upload system.

 

Remember the target is 0.05% of your products will sale at least 1 time / month, so 50,000 products would net you 2,500 sales / month.

 

Don’t forget when you are ordering from a retail store to have them ship it as a “gift” meaning you don’t want the price to show or an invoice to be sent. If you start doing considerable sales in a particular niche it will be easy to establish a working relationship with a online drop shipper.

 

Don’t be afraid to sell Amazon items over retail and rest assured you will still do sales.

 

Make sure to request your money daily from Amazon as this will help your float.

 

These are just a few tips I have learned while researching and selling on Amazon.

6 Ways To Make Money With Yahoo Answers

Wednesday, August 10th, 2011 at 9:09 pm  
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Yahoo Answers

Like with any other money making idea…most of them are good, but the number one reason why failure is common…they lack direction. Not this time. There are many ways to make money online (as you’ve seen by reading this website,) but let’s focus on one of the million answers

Making money with Yahoo! Answers.

Yahoo AnswersIf you’ve been around the world of affiliate marketing for a while I’m sure you’ve heard of this marketing method before. Both success and failure; and, how it no longer works. Well, this is because most people want to talk about spamming Yahoo Answers without providing a service. Let’s take a look:

# 1 – Yahoo! Answers is one of the fastest growing social networking sites on the internet when it comes to user generated content. Just like the old Radio Shack slogan…”You’ve got questions? We’ve got Answers.” The same goes for this site: everyone has a question – someone needs to provide the answers. Even though Yahoo as a company has been divided up more than the West Bank…Answers seems to be doing well. Assuming you want to follow my advice and earn some cash…you have to make one promise: the goal is to help people. It’s amazing who is willing to PAY you to help them. Time to state some guidelines:

* Start using your account: Don’t go and create 175 accounts like some recommend. Yahoo will flag your IP if you do this. This account will be your “bread and butter”….start answering questions authoritatively. For right now, that’s it…your only job is to answer. People won’t listen to anything you have to say unless they trust you. The object is to build trust by gaining points: here’s how Yahoo Breaks it down.

- Ask a Question: – 5 Points (they evidently want to encourage giving vs. taking)
- Vote for a Best Answer: + 1 Point
- Answer a Question: + 2 Points
- Choose a Best Answer for Your Question: + 3 Points
- Answer Is Selected as Best Answer: + 10 Points

Even though there are more rating details to cover…those are the basics of answers.

# 2 – When choosing questions to answer, let me show you something I thought of while researching this: go to the homepage of Answers and do several search queries in the box: website, URL, site…you might even try “link.” Check it out >>> As you see, people are ASKING you to TELL them which Hosting site to use. Don’t use this technique until you’ve mastered step 1: helping people. Or in the case of “url,” they are asking for a specific link. This can go for any industry, not just web hosting: which site is best for buying ringtones, digital cameras – you name it.

# 3 – When answering, it’s important to keep in mind certain SEO aspects. How many times have you Googled something and seen Yahoo! results? On a side note, I find it incredibly funny how Google views Answers as an authority website…I guess it’s kinda like Fox News; Fair & Balanced. Moving on, just like writing content for a website, your answers will be indexed…and, especially the ones with your links – make sure you’re targeting desired keywords. Every time you answer a question…keep in mind someone could view it 2 years from now.

# 4 – Now its time to figure out what links you want to promote. If you own your own website you’re already ahead of the game. This saves you time in dealing with the headache of which affiliate offers allow you to promote on social networking sites. Some have strict stipulations on using Facebook, Myspace…etc. Some network’s I’ve used in the past (and have advertisers allowing slightly blackhat marketing techniques,) are: Azoogleleads.com, RocketProfit.com, ClixGalore.com and ClickBank.com. My advice is, get with your account manager (they’re on your side) and let them know what you’re trying to do. Look for a niche market besides common ones such as web hosting. The less answers being supplied, the more likely yours will be chosen as best….therefore your rank increases.

# 5 – Be active in the Answers community. Just like Facebook & Myspace, add contacts to increase your trust. This is also a good time to start up a second Yahoo account…if you’ve been diligent in building up the first one, becoming an authority on subjects and having been selected for “Best Answer” numerous times, the Yahoo gods won’t flag you for creating a second account. Using the new account you’ve created, answer questions in totally different categories to increase your “market share.” Rinse & Repeat the above steps.

#6 Links vs…original answers should be about 5/100….if you have 100 answers I wouldn’t advise you to have any more than 5 quality links touting your ads. I know this is much different than other tips given on this subject….but this has worked best for me. Yes, this will take a lot of effort to start up using answers, but there’s no reason to waste all of your hard work by being greedy.

P.S.   To find out about the only Government Approved way to make money on the internet, go to https://apps.facebook.com/governmentapproved/?u=clintabutler (you’ll need to authorize the app to watch the presentation).

 

How You Can Make Money On The Internet Editing Audio For Other People

Tuesday, July 5th, 2011 at 11:38 pm  
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editing audio

editing audioAre you good with editing audio and you are looking for an easy way to make some extra money online? There are a lot of people who need someone who can edit audio in order to ensure it stays crisp sounding and high quality. Do not worry, because if you do not know how to do this it is really easy to learn. Once you know what you are doing you can be compensated pretty well for doing this. Audio editing services are in high demand as well.

What programs to use editing audio?

You will need to make sure you have a good audio editing software to make this simple to do. If you have software that is bad or software that is too complicated to use then there is a good chance you will not edit the audio correctly. So I would advise you to keep things simply by using uncomplicated software, such as what you can get for windows. There is audio editing software called Sony Sound Forge that works quite well.

 

What you are editing audio?

You will need to know what you are going to be editing in order to make this work. What you will be editing is every sound or background sound that will hurt the primary sound of the audio. You will be editing background noise for voice audio that makes it hard to hear the voice or interruptions. You will need to edit the sound of someone’s voice to make it louder or software. You will also need to eliminate unnecessary words that mess up the quality of the audio.

Adding things to enhance the audio.

Once you start getting clients to let you do audio editing work for them you will need to think of ways to be creative. One such way would be learning how to add different types of music to the audio, assuming it is not a music recording. Music will give an audio a solid professional touch that will enable it to get taken more seriously. You can also make sure that the person who is talking on the audio is not saying anything that does not make sense and omit it.

Editing audio is quite simple, and the best place to advertise such services would be on freelancing sites just to get some paying customers. Your goal should not be to stick with them for long. You want to build up a good solid customer base and some good testimonials, once you have done this you can advertise your services anywhere and charge higher prices. If you stick only with freelancing sites for editing audio services you may constantly have to work for less money then what you can get.

Using Surveys To Make Money Online: Is This A Real Way To Generate Income Online

Tuesday, July 5th, 2011 at 11:37 pm  
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surveys

There has been a lot of debate about whether or not you can make money online by using online surveys. I guess the main reason for this would be because you see outlandish claims being thrown around. Some of these claims include ones like “make 250.00$ an hour doing simple surveys” I can imagine anyone who reads that will be attracted by greed or repelled because they know that something is not right. Online surveys are legitimate though, and should be taken seriously.

 

What do you need to do to get started with surveys?surveys

Some people like to debate that you can find survey companies for free, and they are not lying. Their conclusion though is if you come across a company that is charging you a fee you should run in the other direction because it is a scam. These people have it wrong, firstly we need to examine what the word scam means. The word scam means you are being intentionally lied to in order to get you to buy a product or service. You are being made false promises knowingly.

It would take you forever to find the more then 400 survey companies out there, and keep them al organized as well. There are reputable places that have done all of this for you, and many of them only require a one time fee of no more the 30.00$ in most cases. You only need a computer and a fast Internet connection to get started. Does this sound like a scam to you? You are paying a one-time fee to have the hard work done for you, and access to valuable resources as well.

 

Understanding why this  opportunity with surveys exists

You can make money taking surveys because there are a lot of companies who need certain people to comment on various products and services. Research marketing firms use this information to improve their product for the general public. What better way to do this then to go to the general public and ask them what they like or do not like about a product or service?

The fact of the matter is you will not make 250.00$ an hour taking surveys. Most companies offer anywhere from 0.25$ to 10.00$ a survey. Some offer focus groups that may pay a bit more, but require a larger investment of time. Your hardest work is going to be signing up for the hundreds of companies out there and keeping track of them all. If you commit a few hours a day to surveys you can bring in a couple hundred dollars extra per month.

 

Want To Make Money Using Ebay But Don’t Want To Sell? How About Becoming An Affiliate?

Monday, July 4th, 2011 at 12:06 am  
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ebay

Some people have tried Ebay and they have been frustrated with the experiences they had, not because they were unable to make money but because it was too much hassle for them. These people recognize though just how powerful Ebay is and what it can do for the person who uses it the right way. The question is how do you make money using this powerful platform without selling a product of your own? The answer to that question is simple, become an affiliate.

 

Why become an Ebay affiliate?ebay

One of the best reasons to become an Ebay affiliate is because you will get the chance to use a trusted platform that everyone is familiar with to generate good revenue. You will generate this revenue by means of your own website or blog, or whatever ethical platform you feel will work best for it. All you have to do to get started would be to register as an affiliate at Ebay and get started. I should warn people though that not everyone will be accepted as an affiliate for any number of reasons.

 

 

How do you make money without selling on Ebay?

You might be wondering exactly how you are going to make money with Ebay without selling a product of your own. Well you are going to be paid a nice referral fee whenever someone signs up for Ebay that is about 3.00$. Another way you will generate income is by making a few cents every time someone comes to Ebay by means of your link and decides they want to bid on a product. The more they bid the more money you will make.

 

How hard is it to do this?

You can find just about anything on Ebay, and you will have complete control over what you choose to display on your site or blog. You will need to find items that you feel will offer a deal to people who come to your site and usually it must be related to the subject of the site. If you have a blog or a website that is getting even 50 visitors a day and you have an auction or two displayed how hard do you think it is to get at least one of them to actively bid on an auction?

Becoming an Ebay affiliate is not going to make you rich, but it can bring in a nice chuck of money if you do it the right way. The key is going to be the quality of your website and how much traffic it gets. You must then make sure you pick items your visitors will be interested in. You can bring in several dollars a day per Ebay website you have if this is done right.

 

Using Your Content To Make Money With Hubpages

Sunday, July 3rd, 2011 at 11:30 pm  
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hubpages

Making money with your content on the Internet can be hard because it is quite difficult to rank for good subjects, especially on HubPages after recent search engine updates. It is even worse if you have a new website that is not ready to go yet. It can take quite a while to begin seeing any real income from your own content site. The solution you can use is to put your content on other trusted reputable websites. One such site would be Hubpages, on this site you can create articles about virtually any topic you want and make money in the process.

How Hubpages workshubpages

You will first need to head on over to the website and sign up for a free account. Once you do this you will be allowed to create content on any number of subjects, as long as they are not too controversial. After you have created content your articles are going to be broken up into individual pages. These individual pages are referred to as hubs and anyone can view them. The more quality hubs you write the more money you can make.

 

How do you make money with Hubpages and how much do you make?

You are going to benefit greatly from the authority that Hubpages has. You can easily have articles ranking as long as you use the appropriate keywords. Once you are getting traffic you will begin to make money because there are going to be ads around your articles that users can click on. You will receive 60% of all revenue that is generated from your articles. Now I know this might not seem like much, but you must think big.

 

How to execute

I believe if you are not making enough money to pay the bills then you should not be using this method. Your goal should be to make enough money to pay at least one bill per month. Write anywhere from 25 article to 100 over a period of time and do not be afraid to promote those articles. After a few months you can be receiving checks in the mail for several hundreds of dollars without having to put in any additional work. You will make recurring money for a long time to come.

Hubpages is not for everyone, I am sure some people are reading this thinking they can figure out better ways to make money with their content. I would agree that if your goal were to really make big money on the Internet that Hubpages should not be where you put most of your energy. However if you use Hubpages the right way it cannot hurt to leverage this site to bring in a little bit of extra money immediately

 

Making Money Reselling Web Hosting To Other People Who Might Need It

Sunday, July 3rd, 2011 at 9:59 pm  
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web hosting

If you have web hosting right now and you want to make some extra money, then you need not look far. All you need to do is look at the reselling program that your host offers you. It gives you the ability to offer website hosting to others for a pretty nice commission. You can make a lot of money using this module, because you are selling a valuable service that a lot of people need. It should not take you much work to get paying customers.

web hosting

Looking at a good web hosting reseller program

Every webhost has a reseller program that can be used to offer website hosting to other people. The problem is that some of them pay way more then others. If you are going to be in this business you need to make sure you are getting a high commission. Trust me, people are not going to want to buy cheap hosting, because they feel it is going to offer too many potential problems. Go for reseller programs that will give you the ability to earn high commissions.

 

Upgrading the web hosting business

There is a good chance that if you come up with a sound marketing program that you will be able to sell a lot of website space to people. When this happens it would be a good idea for you to start thinking about upgrading the business. You want to do this in order to ensure everyone is properly handled and not compromised. Upgrade to a server when you are ready, if you have enough customers the additional cost should not be much of a problem.

 

Make sure you get good support

If you feel like you do not know how to get started with web hosting, or if you feel you would not be able to offer the type of support people need then there is a simple solution for that. Usually if you have a good hosting service working for you they will offer all the support you need to get started. This is why I said you do not want to go with cheap hosting, because they may not always offer the same support and it will be harder to feel good trusting such a business solely to them.

People have been using this method to make money for a long time. It is one of the few services you can offer online that people will not question purchasing for a good price, because they are getting a whole year of service out of it. This means that big commissions are possible to the person who decides to take web hosting seriously and figure out affective ways to advertise it.

 

Making Money Online With Paid To Click Programs

Sunday, July 3rd, 2011 at 9:48 pm  
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click programs

There are certain types of click programs on the Internet that when you come across them they seem too good to be true. Usually they seem to good to be true because they are offering money to do things so simple that you cannot see how they make any money. One such program that would be put into this category would be paid to click programs. I am sure you have seen then and you have wondered are they legitimate. Well you have to understand the concept behind them first.

click programs

 

How paid to click programs make their money

Most paid to click programs will offer you anywhere from one cent to a few cents in order to click on certain ads that they send you. How this works is advertisers have paid them a certain amount of money to get them leads. They then turn around and offer an incentive in order to get people to click on them. The hope is that they will convert into leads and that money will be generated. So on the outside it seems like a pretty solid business model.

 

Why the click programs concept is flawed

The thing about paid to click programs if you plan on using them to make money is this, most of them are run by private individuals who are simply trying to sell affiliate products or who belong to CPA networks. There is no real way to know if the person behind the site is a real person who is associated with a marketing company, or just some scam artists. Seeing as how you are being paid so little it may not be worth your time to do this.

 

Another flaw in the concept

There is one more flaw in the concept of paid to click programs, and it’s the fact that you have to have a set amount of money earned before you ever see a dime. Some of the require you to have one hundred dollars. The problem is they never send you enough to reach this minimum amount, and even if they do it is going to take forever for you to get paid. In most cases you may not be paid at all, there have been a lot of instances of this.

Paid to click programs are for the most part not worth your time if you want to make serious money. There are maybe a small few of these types of programs that are honest. You will have to look hard in order to find them, also if you want to make more money faster with these then learn how to refer people. You usually get paid far more from referrals then clicking on ads in paid to click programs.

 

Making Money Online Using The Power Of Fiverr

Sunday, July 3rd, 2011 at 6:27 pm  
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fiverr

Have you ever heard of the website Fiverr? Fiverr is a website that is making it easy for anyone to make money on a consistent basis. One of the primary reasons for this is because the fees are low and it is very easy for beginners to get involved. The best thing is you are not limited to the type of services you can offer. You can use this as a chance to be creative and start getting a constant influx of 5.00$ into your online account regularly.

 

Why use Fiverr to make money?fiverr

I know a lot of people get tired of seeing the same old services offered on the Internet. Don’t get me wrong, these services are needed by webmasters and they will continue to make money for the people who offer them. Think about how good it would be to come up with something unique, that can be applied quickly, and will bring in several orders or 5.00$. That is the opportunity that Fiverr offers, and savvy users are making the most of it.

 

The downside of Fiverr

The only problem I have with Fiverr and the only reason why it is going to be hard to make the amount of money you want is because Fiverr takes a nice cut out of your money. On average they will take 1.00$ for every 5.00$ you make, which equates to 20% of your total earnings. That is a lot of money, and there is a lot of competition on the site. Some people think this fee is fair, but I do not believe it is because the margin for such a small amount is very high.

 

The plus side

You can come up with some of the craziest ideas and start using them to make money on Fiverr. This site has a very simple structure, which requires you to list a gig by saying what you are willing to do for 5.00$. If people feel your service has some kind of value to them, then there is a good chance they will buy it from you. You just need to make sure the gig you are offering will not hurt your credibility or be something that might get you kicked off.

The one thing I would advise people to do who want to make money on Fiverr would be to look out for scam artists. A lot of the people on this site are from other countries and some of them will have no problem making you a false promise. Protect yourself and only try to deal with reputable people on Fiverr and you should be fine.

 

Making Money Online Using Forex Trading: Is It Worth It To Get Involved?

Sunday, July 3rd, 2011 at 6:22 pm  
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forex

There are many investment vehicles available that you can decide to get involved with to make money online, the forex market is one. The only problem with a lot of these investment vehicles is you will have to have a lot of money in order to get started. If you want to make money online with forex trading though you do not need to have nearly as much. All you really need to have is a little background knowledge of what you are doing and the right tools to succeed.

 

What is the forex market?forex

The forex market is nothing complicated, it is a large global money market. In this large money market you can find the currency of just about any major country you can think of being traded. Most of the work is going to be done by using brokers, but you can do the work yourself. What is even better is you can do it with so little money it is almost scary, and that is what makes trading the forex market so powerful as an extra income stream.

 

Getting started in the forex market

Do you think you need to be a genius when it comes to global currencies to trade forex or that you have to have a lot of money? You do not need neither, if you do a quick search around the Internet you will find that you can open up a forex trading miniature account for as little as a couple of hundred dollars. You can open up a bigger account as well, but you usually need a couple of thousand dollars in order to do this. Starting small is the best way to go here.

 

How is money made with forex?

When it comes to the forex market it work almost similar to stocks, the only difference is no physical product is being bought or sold. The value is the currency, and a particular currency will increase or decrease in value on a constant basis. Your job as a forex trader will be to research and time these movements. When they happen you want to make sure you are on the right side of things. That is why practicing with a forex mini account is preferred.

You definitely should not quite your job in order to get involved with forex trading, but it can bring in a good second income if it is done right. What is even better is you can make money online with forex trading 24 hours a day, because the market is always open.

There is a lot more you need to learn about the forex market before you get involved that I did not get into here. Once you are ready head over to a reputable site and start practicing with a demo forex account.

 

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