Many people use Ebay as their sole source of income. It is highly unlikely that you will be able to do this for a long time, unless you commit to it fully. On Ebay there are plenty of different items sold every day, from baby shoes and cars to domain names. It is to your advantage that there are a lot of different categories of items being sold, because it allows you to sell virtually anything.
The first thing that you should do if you are starting out is to sell things around your house that you don't use or need anymore. One man's trash is another man's treasure. Go through boxes in your garage or your attic and sell all of the things that you no longer need. You will be surprised about how much some of the stuff will sell fore. Maybe you have a rare, one of a kind Kermit the Frog doll that is worth $500, you never know.
Yard and Garage sales are another great place to buy items to sell on Ebay. You can find just about anything at yard sales. Try to pick up jewelry, trinkets, vintage toys, etc. I heard of a man who bought a 1942 news paper for $0.25 at a yard sale and sold it for a few thousand dollars on Ebay. So there really is no limit to the amount that you can make.
Thrift stores are wonderful for finding random things to sell on Ebay. I bought a decorated Chinese style porcelain egg for $1 at a thrift store and sold it on Ebay for nearly $50.
I would advise to stay away from wholesaling and dropshipping until you are extremely comfortable with Ebay. You can make OR lose A LOT of money in wholesaling and dropshipping.
Showing posts with label basics. Show all posts
Showing posts with label basics. Show all posts
Thursday, September 25, 2008
Monday, September 22, 2008
Different types of affiliate marketing
There are three main types of affiliate marketing. These three types are Pay Per Click (PPC), Pay Per Sale, and Pay Per Lead.
1. Pay per click affiliate marketing is perhaps the easiest type of affiliate marketing to get started in. Google Adsense is a prime example of affiliate marketing and is a very good way to make money online. Basically, you get paid every time someone clicks on an advertisement on your website. The earning potential is limitless, but depends on how much web traffic that you receive. A site with more traffic and well placed ads can make hundreds or thousands of dollars everyday. In order to make that kind of money, you would need to have a very large and popular website.
2. Pay Per Sale affiliate marketing is usually structured on a commission style pay. You earn a percentage of each sale that you generate for a company. The easiest programs to utilize this type of affiliate marketing with are Amazon Affiliates and Clickbank. You can review or recommend products from these sites and then post your affiliate link. If someone clicks the link and buys the product, then you are paid a percentage of that sale. You may decide to pay for advertising if you want to focus solely on this type of affiliate marketing. You can utilize Google Adwords to attract targeted traffic to these reviews or recommendations to get some sales. I have successfully started a number of websites that have just affiliate links with reviews of the products and have made money from it too. Adwords will be discussed in more detail in another article.
3. Pay Per Lead affiliate marketing involves getting people to sign up for a free trial of a service or just simply signing up on a website. You may get $0.01 to $10 or more for each lead that you may generate for a company. These types of programs are more on a company by company basis rather than having a program like clickbank. However, there is one program that comes to mind that covers both Pay Per Sale and Pay Per Lead. This program is Commission Junction. Commission Junction or CJ is a great resource for website owners and bloggers who want to promote real, tangible items rather than the informational and digital items on clickbank. CJ allows you to get paid a percentage of each sale that you generate for a company and for generating leads for different companies or services. CJ is definitely something to look into.
This should provide you with a brief but informative idea of what Affiliate Marketing is all about. There is A LOT of money to be made in affiliate marketing. If you haven't done so already, make your own free blogger blog or Google pages site and get started making money.
1. Pay per click affiliate marketing is perhaps the easiest type of affiliate marketing to get started in. Google Adsense is a prime example of affiliate marketing and is a very good way to make money online. Basically, you get paid every time someone clicks on an advertisement on your website. The earning potential is limitless, but depends on how much web traffic that you receive. A site with more traffic and well placed ads can make hundreds or thousands of dollars everyday. In order to make that kind of money, you would need to have a very large and popular website.
2. Pay Per Sale affiliate marketing is usually structured on a commission style pay. You earn a percentage of each sale that you generate for a company. The easiest programs to utilize this type of affiliate marketing with are Amazon Affiliates and Clickbank. You can review or recommend products from these sites and then post your affiliate link. If someone clicks the link and buys the product, then you are paid a percentage of that sale. You may decide to pay for advertising if you want to focus solely on this type of affiliate marketing. You can utilize Google Adwords to attract targeted traffic to these reviews or recommendations to get some sales. I have successfully started a number of websites that have just affiliate links with reviews of the products and have made money from it too. Adwords will be discussed in more detail in another article.
3. Pay Per Lead affiliate marketing involves getting people to sign up for a free trial of a service or just simply signing up on a website. You may get $0.01 to $10 or more for each lead that you may generate for a company. These types of programs are more on a company by company basis rather than having a program like clickbank. However, there is one program that comes to mind that covers both Pay Per Sale and Pay Per Lead. This program is Commission Junction. Commission Junction or CJ is a great resource for website owners and bloggers who want to promote real, tangible items rather than the informational and digital items on clickbank. CJ allows you to get paid a percentage of each sale that you generate for a company and for generating leads for different companies or services. CJ is definitely something to look into.
This should provide you with a brief but informative idea of what Affiliate Marketing is all about. There is A LOT of money to be made in affiliate marketing. If you haven't done so already, make your own free blogger blog or Google pages site and get started making money.
Subscribe to:
Posts (Atom)