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Tips On Selling Online

May 9th, 2008 | No Comments | Posted in Making Money, The Internet

I used to be a very active seller on eBay as I bought things in bulb from China and list them online. That was about 2 years ago and I totally gave up on that business because eBay was totally treating me like crap.

My idea of writing this post came from reading this post called “It’s Now Completely Impossible To Sell A Laptop On eBay“. It is about how difficult it was for this guy named Timothy to sell his laptop on eBay. It got my attention as it brought back my angry memories.

Are You a Scammer?

There was nothing wrong with eBay itself but the scammers and eBay’s effort to stop scammers were driving me crazy. It’s nice for eBay to try hard at getting rid of scammers and sellers of fake stuff, but they went way too far.

I used sell silver jewelries. They were no name generic ones but some of their designs were similar to brands like Tiffany & Co and others. eBay suspended my account because they thought I was selling counterfeit items. I tried to contact them but there were simply no way one could reach live real help. If you try to email them they would just reply you with an auto-reply that’s totally unrelated. I opened a new account with my friend’s name and they suspended it again. I totally gave up on selling on eBay and listed my products locally instead. I listed them on Craigslist and they were all sold in less than a month.

Get Paid Instantly With No Fees

If you want to sell something, sell them on local listing sites like Craigslist. You get to meet the person and they pay you instantly. Not to mention you pay no fees what so ever. Here are some tips for a safe and no hassle selling experience:

1) Sell locally because you see the person and you get paid in person. The most popular is Craiglist.

2) If an interested buyer emailed you, ask to communicate via phone. This will ensure he’s actually going to buy it. You will save a lot of time by talking over the phone.

3) Pick a public place to meet. Don’t meet in your house or the buyer’s house. If you can, try to bring along a friend with you. This will greatly protect your safety.

4) When you count the money, try to do it so that not many people can see it. You don’t want a lot of people know you have a pocket full of cash.

5) Try to leave after the buyer after transaction. Tell the person you are going to have another cup of coffee and he should leave first. This will prevent the person from following you and rob you.

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Are You Ready To Fire Your Boss?

March 2nd, 2008 | No Comments | Posted in Making Money

If I ask you this question: “What is your ultimate goal as a blogger?” or “Why are you spending all this time in front of a computer instead of having fun?” There might be a variety of different answers but at the end they are share one thing in common, money.  What most people want to do online is to make a sufficient amount of money from their online projects, and quit their day job. In fact, that is one of my short-term goals too. However, how many of us are actually ready to fire our bosses?

We are know there is money to be made on the Internet. It is no fraud, it is no scam. There are countless examples of individuals created their own empires online. We all come across success stories or confessions of self-made online millionaires. But why are we not yet a part of them? Why are we still struggling to make a few dollars a day from our online projects?

That answer is very simple, we lack the 3 most important qualities required to be successful Internet entrepreneurs. The number one quality that most successful bloggers or affiliates have is dedication. They dedicate most of their time and effort on the project that is most important. They treat their blogs and campaigns as their actually careers because they know hard work equals money. The second one is passion. Successful bloggers have passion toward the particular niche they have chosen. They are eager to acquire all the knowledge and information related to their topic and become a master of their niche. This quality gives them authority over their topics and endless ideas on creating fresh content. Last but not least, they all have patience. Success and wealth just can’t be created over night, you need to provide constant high quality work over a long period of time in order to see results. Most of us, however, will quit before any results because of impatience and lack of drive.

The 3 qualities mentioned above are not only needed to succeed online, they are required to  achieve success in any given job, career, competition, and project. Are you ready to master the art and science of these qualities? If you are, you will be ready to fire your boss and won’t be afraid of warning letters anymore.

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Blogging About Making Money With Niche Stores

February 17th, 2008 | 3 Comments | Posted in Making Money

As many of you can see, I am changing the focus of this blog from general business to niche stores. I started to pay attention to the whole niche store business model soon after I started this blog. After reading Shoemoney’s build a niche store tutorial last month (view here), I bought my first niche store domain and bought the BANS script. I began to realize how interesting and amazing the whole BANS concept is. Because I was once a seller on eBay, the build a niche store eBay affiliate business model reminds me of how easy it is to make a profit online.

I started my first BANS project with CellPhoneJet.com. It was fun and easy to set up with the BANS script. The store is currently making some very small profits but it lets me see the real potential of this whole thing. If I build a store with careful research and very specific and targeted niche ideas, it is going to be very profitable.

I also noticed a growing community of BANS owners seeking advices and knowledge from each other. Mark from TheNicheStoreBuilder.com is among the top for providing and sharing valuable information for the community. I hope to use this blog to share my experiences on building my niche store empire. The blog will also help me stay focused and on track on how to effectively make money online.

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How Much It Costs to Build A Niche Store

February 12th, 2008 | 3 Comments | Posted in Making Money

If you have been active on the make money online blog world, you must heard of the script called “Build A Niche Store“. If you don’t know what it is, please read my post about it here. If you are interested in getting started in setting up your own niche store empire, you must start with planning. Without careful planning and analyzing, you will fail sooner or later. The first thing you might have to think of is the cost of starting up. The saying “you have to spend money to make money” is true if you are serious about making money off your niche stores. Today I am going to tell you in detail of how much it will cost you to build a niche store.

Build A Niche Store Script - there are 2 things that you have to have for building a successful niche store empire, the Build A Niche Store script is one of them. The script helps you spit out niche stores in minutes. It is also very good at SEO and customizing. There are other scripts for such work but BANS is the only I would recommend because it is the easiest and most user-friendly. Your goal is to have more stores in less time. The script is $97.

Web hosting - the other thing that you must have is web hosting. You need a home for your niche stores. Since having a niche store empire is like having a real business, you want your business to be hosted in a safe and reliable place. When your hosting provider is down, your business is down. You need to have a host that is always up and always fast. Most other niche store experts recommend using Hostgator, but I think BlueFur is better. Hostgator is quite fast and reliable but it is a bit crowded. From the months I’ve been using BlueFur I have never experienced downtime and it was always fast from end to end. One hosting is good for many niche stores so you only have to get one. Start with the most basic package and upgrade when needed. Their Mini UNIX package is $6.95 per month.

Domain names - you don’t have to register a domain name for your niche store but it is highly recommended to do so. Your visitors will most likely buy something through your store if it has a related and a well-thought-out domain name. It helps build you a brand and a strong image. A domain costs $9.99 per year through Godaddy. If you use this couple code during your checkout “OYH3″, it is only $6.99 per year.

Keyword research tool - if you want to build a rock star niche store empire, you should invest in a paid keyword tool. You can get by with the free WordTracker trial during the initial stage but when you start to build more and more stores, a good keyword tool will help you big time. Depending on your development style, you can get different tools at different prices. You can spend $329 for an annual subscription of WordTracker but I think that is not the best way to invest your money. I recommend doing keyword research one day per week. That way you only have to spend $7.95 for a daily subscription of Wordze, also a very good research tool. The total amount you will spend per year is $95.40.

These are the basic requirements for starting up your niche store empire. Of course you might spend more on other tools and resources down the road but it is a good idea for planning your budget. If you add everything up, the total cost for the first year of operation is $345.7, assuming you will have 10 stores. That translate to $28.81 per month per store. When you divide it by 10, it is only around $3 per month. Believe me you can easily make that back plus more.

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A Dream To Earn a Full Time Income Online

February 6th, 2008 | No Comments | Posted in Making Money, The Internet

Have you heard of CPA? Do you want to know how to go from making $0 to $300 per day from CPA marketing? My friend Ivan Ong from http://www.ivan-ong.com has released an ebook telling you what exactly CPA is and how to make $300 per day from it.

He is a very passionate student from Singapore looking for ways to make money on the web. He has discovered CPA marketing and went from making nothing to $300 a day from his campaigns in just 2 months. In his free ebook, he lays out the secrets that lead him to his success. The secrets and how-tos are there but it takes dedication and consistancy to become a big name in internet marketing.

If you are a student or a day jobber and want to be make a passive $300 daily income like Ivan Ong, head over to his website now and download his free ebook. I am sure his work will inspire you.

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Inspiration Monday - Think Like a Millionaire Then Become One

January 14th, 2008 | No Comments | Posted in Making Money

Just got off school and figured out it’s Monday. Monday is always full of inspirations and hope. This week I am going to talk about how to think like a successful person. What I am going to tell you here is exactly how I motivate myself at all times.

Before you are successful, you need to think like a successful person.

Success can mean different things to different people. Most people though, see success as being rich, having financial independence, having tons of assets, etc. Not all of us are born rich, so we need to work hard and build our wealth. Some of us in the end will cross the finish line first, and others will never finish. The difference between the winners and the losers is simply their mindset. The winning mindset includes the way we motivate ourselves. Believe it or not, anyone can become a millionaire. Those few who can actually become millionaires know how to motivate themselves and keep pushing the limit. The losers on the other hand simply give up after a few down falls.

One of the winning formulas is think like you are rich before you get rich. Yes, that means lying to yourself. At any moment of your day, imagine you have millions in cash, doing whatever you like to do. Dream big. Tell yourself these are the things you will be doing because you have the ability to do so. At some point you will wake up and realize you are not as successful as you thought. At this point you are extremely motivated. Set a time line for yourself. 5 years later, you will become the person you’ve imagined and thought like. Because you already know what to do in order to achieve that goal, you will start pushing the limit. Constantly think you are the successful person you will become in 5 years. This will make you do anything for your goal, you can overcome any tough situation. Having the right mindset will set you apart from others and make you the winner.

On the other hand, MoneyNing tells you the importance of a well rested weekend on his Motivation Monday.

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Update On Build A Niche Store Project

January 13th, 2008 | 4 Comments | Posted in Making Money, The Internet

Two days ago I registered the domain “cellphonejet.com” planning on using Build A Niche Store (BANS) to build an eBay affiliate site. The site will feature listings of cell phones and cell phone related accessories.

I am currently at the researching stage of finding good keywords to build the site around. Since I know quite a lot about cell phones, I believe it’s a good decision choosing this niche. Plus mostly money will be made by taking the percentage commission of each sale, and cell phones are high ticket items so I can make more from each sale.

I’ve also thought of my short-term (3 mo) goals for my Build A Niche Store (BANS) project:
To have 5 niche sites focusing on 5 completely different markets.
To have $100 monthly profit from each niche site. Total $500 monthly income from 5 sites.
To spend no more than $100 on PPC for all sites.
To have traffic come largely from natural search instead of PPC.

I will be focusing on these goals and post details on the process and the result regularly.

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Hot Business Concept: Make Money Selling Without Actually Selling. Huh?

January 10th, 2008 | 1 Comment | Posted in Making Money, The Internet

Yes. Affiliate marketing is a very hot topic these days. It’s the concept of reaching the millions and selling stuff that you don’t even have. That means good margin with zero down on inventory. The best part about this type of business is that it can make you money and you don’t have to spend much time on it after the campaign has launched.

BANS Build A Niche Store
Build A Niche Store (BANS) eBay Affiliate Script

I came across this application on Shoemoney.com the other day. It caught my attention that it helps you build an eBay affiliate store by grabbing eBay listings and displaying them on your site. The application does most of the work for you and you will have a good looking eBay affiliate site in very little time. All you have to do is optimize it and do a little marketing and then it can be off on its own.

BANS Build A Niche Store
Your own Build A Niche Store eBay affiliate site can look like this.

I was an active eBay seller before. Even though I had some success, I knew how time consuming and frustrating it was to make money from selling your products on eBay. Because this blog is about new business ideas and concepts, I will offer some in-depth details on this quite new approach on eBay selling. On first look, I believe the Build A Niche Store tool has great potential. You promote your affiliate site like promoting your own eBay store and listings. However, you don’t have to worry about the hassles behind traditional eBay selling. For example, getting inventory, shipping your products, tracking payments and so on… Now you just market your niche store, get people to buy those items on your site, and take your commission. Sounds good?

Click here to take a look at the Build A Niche Store website and try it yourself. By the way, it costs $97 USD to buy the script. It lets you install unlimited copies, so you can have as many different niche stores as you want. It shouldn’t take long to make your investment back as it has endless potential. I am giving it a shot.

I’ve order Build A Niche Store and a very good domain to tackle this market. The domain is cellphonejet.com. I am going to set up my first cell phone accessory niche store within these 2 weeks. I will post more details about how the project is going later.

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Refer International Students and Make Big Money

January 5th, 2008 | No Comments | Posted in Making Money

Most good referral programs live only on the web. There are also good ones that live outside the Internet, they have nothing related to using a computer. One example I am giving today is referring international students to private colleges.

3_students.jpg

There are more than a million international students currently staying in the North America. Most of them came from rich families in Asia. The fact is that a lot of them are here to study, and they do study hard. Also, there are many of them are here just to “hang around”. They don’t like to study, but they want to stay here.

The only way they can stay here is by extending their study permits and colleges and universities provide proof for the extension. Those well-known schools, such as SFU, UBC, Capilano, Langara in Vancouver, do strictly follow the rules. That means if the students never show up or fail 80% of their classes, they report the truth. The government then will reject their extension to stay.

There are also private schools that charge higher tuition fees and help their students as much as possible to get their visas. For example, a student never showed up in class but the school will give him/her a good grade. Believe me, there are tons of these students. Those private schools are making big profit. If you refer students to them, you can make big profit too!

A friend of mine is working as an immigration consultant. He told me that most of his clients are students. All they need is schools that will take them, quick. My friend then calls up the schools that he signed contract with to help the student find a seat. The fees per semester cost $5000 and up, and my friend, the referrer, takes around $2000 commission.

That’s ONE student PER semester, so you can do the math for the potential $$ you can make. Your success greatly depends on your networking and social skills.

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