3
Proven Online Ventures
Pavel Lenshin | Contributing
Writer | 2004-12-01
Today is your lucky day. Because I'm going to
show you 3 proven money-makers online. Each of
these 3 easy-to-start schemes are proven and backed
up by tens of successful stories. What these strategies
have in common is they will require zero or next
to zero investment of your hard-earned money,
except, of course, for Internet connection or
electricity.
These strategies won't even
require you to have or support your own website,
but that doesn't mean that their potential is
somehow limited.
Auction big-ticket items
opportunity.
You have no need to be a
guru to try selling big-ticket item that may be
anything from ancient coin and cars - to diamonds
and mansions. Of course, you don't have to own
them personally. You can just become a reseller
and post your eBay lot on behalf of the actual
owner.
What you will do need to
spend your time on is research. You obviously
don't feel like loosing eBay listing fees, so
good research on the subject matter is compulsory.
When conducting research
on possible profitability of your eBay listing
consider to:
1. Check how similar items
are currently being sold.
2. Determine the demand
among buyers and bidders of similar items or category
by checking how many bids are placed in each category.
Look at the visitor webpage counters that majority
of listings have by the end of the page.
3. Browse the bidding history.
If you spot bidding wars on many listings for
similar items - it is a good sign of high demand.
4. How many lots have been
successfully ended and what the winning bids were.
5. Estimate the supply.
How many sellers are placing their lots, how saturated
the category is in general.
You may also want to save
the best listings and create a collection of the
listings closed with high profit margins. Analyze
their listings, offers, type of the auction, copywriting
style, start price, bidding history and winning
bid. You may even want to start from this 6th
point in your research in order to determine which
items were sold the best before discovering such
a big-ticket item to sell for yourself.
If you personally don't
wish participating in listing your lots, supporting
and dealing with bidders, there is good news for
you. What you need is just to search for power-sellers
specializing in items you plan to list and arrange
a deal with them. You will act like an intermediary
and collect a nice commission just by arranging
a deal between the owner of the big-ticket item
and an eBay power-seller. This scenario may be
more beneficial for you, since your eBay lot will
be sold by a professional seller, who knows all
ins and outs of this business, who has already
built credibility, most likely having an active
eBay store and a list of subscribers and customers,
so the sale of your item can be really quick and
efficient.
When you decide to partner
with other eBay seller or do the auctioning yourself,
do not forget to take advantage of resources of
other power sellers. I'm talking about using their
lists of subscribers, customers or "About
Me' pages. You just need to locate sellers with
proven track record in your field or category.
Then you contact them and ask to mention or announce
your complimentary items among their previous
customers or at the "About Me" page
for a commission. Just try to leverage the potential
of eBay marketplace to the full extent.
If you want to know about
a man, who pioneered high-priced eBay sales earning
$30K in commissions from a single eBay sale, if
you want him to show you exactly how he does it
or even if you want him to sell your big-ticket
item for you and share his massive profit with
you, take a close look at these two websites:
http://asbone.com/a/big-ticket-ace/
-
http://www.IWillSellYourStuff.com/
Multi-level JVs.
Next winning opportunity
is a variation of partnership that, by the way,
may also take place on eBay. The difference lies
in the multi-tier scheme of partnership, where
you play the role of a middleman between "provider"
and "promoter". You also need to have
nothing, except for Internet access and em ail
box.
Usually you play the role
of either creator of the product/affiliate program
owner or its promoter/seller, but the reality
is you can wedge yourself between these two parties.
This is possible with all multi-tier affiliate
programs, where you are "occupying"
a place yourself between the owner and the actual
promoter. After signup, your task is to find entrepreneurs
or businesses with powerful means of promoting
such products and offer them more beneficial deal
in order to solicit them to join affiliate program
under you and automatically earn you a 2nd-tier
affiliate commission.
If the owner of the product
pays out, for instance, 40% on the first and 10%
on the second affiliate level, you can try to
attract promoters by sharing with them special
commission rate, say, 45% at the expense of 5%
of your commission. The remaining 5% is yours
to keep. As a result, you can create more lucrative
terms of partnership for affiliates to motivate
then join under you.
Of course, you can always
add special bonuses and services to make affiliates
join as your referrals or negotiate special terms
of cooperation with the product owner, so he can
arrange special deals with you to promote his
affiliate program. This is a great opportunity
of recurring income for every entrepreneur.
Google AdWords Profit Machines.
This is a true money-machine
and I'm going to reveal its principle of operation
right now, so you can set it up, test and maintain
its workability while it earns you hefty checks
days and nights on an autopilot.
Google AdWords is a service
of a Search Engine context advertising. You create
an account by targeting specific or all languages
& countries, creating an ad or ads, supplying
a number of keywords that will trigger the appearance
of those ads, choosing maximum cost-per-click
and daily budget.
It may take about 15 minutes.
As soon as your account is created and email is
confirmed your ads will start rolling on the Google.com
and throughout the Google AdSense network.
With the invention of Google
AdWords the real-time tracking and aggregated
summary of your campaigns you now can efficiently
test any sales letter or marketing materials performance,
sending quality traffic whenever you want and
in volumes you want.
Google AdWords brought down
the whole process of marketing and promoting to
the matter of several browser windows and a table
data, where you can adjust, add and delete almost
any parameter of your marketing machine.
As you know the biggest
challenge of affiliate promoters is how to attract
quality traffic. Google AdWords solves this problem
once and for good. You are in full control over
what, where and how much visitors to send. What
you need is to test keywords, keeping an eye on
your advertising budget and your ROI. When your
ROI is positive, consider you have a 24/7 money
machine which convert traffic into sales without
you lifting a finger. You don't care about creating
a product, customer service, maintaining your
own affiliate program, newsletters, marketing
your business the conventional way or doing affiliate
marketing. Your sole responsibility is to maintain,
test, probably develop your AdWords campaigns
further and cashing them into incoming checks.
For you to have such a machine,
your task comes down to locating a hot selling
product. Creating a new Google Adwords campaign,
choosing proper set of targeted keywords, adding
enticing ads and start directing quality traffic
anywhere you wish.
The rest depends on your
advertising budget. If it is more than $1000,
you can afford to setup several campaigns simultaneously
and test general keywords starting from broad
matching. If you are on a shoestring budget, try
selecting untapped market niches and bidding for
exact match of your keywords. This budget-saving
strategy will show you the winning ad campaigns
and reassure affiliate sales before the end of
your advertising budget.
AdWords system will mark
best-performing keywords for you by impressions
and click-throughs as "Strong". Keep
them, the rest you can delete or replace. If you
have weak keywords by click-through, AdWords system
will block them and you will have to adjust your
list of keywords selection and reactivate your
advertising campaigns again.
The universal rule for raising
response rates of prospect with any advertising,
including AdWords, is targeting. Start from testing
keywords by phrase match and mainly exact match.
That tactics will guarantee less but quality traffic
what is higher conversion and money savings for
you. Leave broad keyword matching for general
terms to corporate world that is able to spend
$100.000 for "ground testing" purposes.
We need to act much more astute.
Want to explore this proven
automatic money-making strategy in more detail?
Then check out "Google Cash": http://asbone.com/a/google-cash/
It will make your journey from "nowhere"
to "fat affiliate checks" quite exciting
and easy.
Here are another several
free services to make you locate better keywords:
http://inventory.overture.com/
- Overture keyword suggestion tool. http://www.kwmap.com
- Keyword Map.
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About
the Author:
Pavel Lenshin is an Internet entrepreneur. He
contibuted his NeoProfit System: http://neoprofit.com/system.htm
and now you can Check this superb deal while it
is still active: http://asbone.com/a/santa/
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