EASY EARNING WAY
It appears that the internet could be of more benefit other just watching funny cat videos and playing video games – you can build your business and make some money from it too. There are so many opportunities for you to apply yourself in the vastness that is the internet. If you can apply yourself in just the right way, there is a very good chance that you can make a living doing some of the things that you are currently doing. The following are just but a few of the life hacks to start you off on the right track.
eBay
If you have a certain item that you are looking to sell then the
first option you should consider is eBay.It is a top favourite for many although it requires some bit of time for one to build up a reputation in order to get clients. Nevertheless here is a how to for all beginners.To begin with, almost anybody can make money off eBay. However, in order to make any money you will need some sort of a plan. By simply putting up items for sale and forking out fortunes on listing fees would not cut it. It is imperative that you find items that will definitely sell in order to get anywhere.
Also it is important to note that not all items sell on eBay. This has been a challenge for most beginners on eBay in that they list all sorts of item only to find that their stock never moves that fast. It is important to focus on items that can be shipped easily. This is unless you have some sort of shipping arrangement that save costs because there is no person that is willing to spend a fortune on shipping fees when ultimately it would have cost less to purchase it from where they are. Also, an important thing is to look for items that can get good margins. Clothes are particularly cumbersome in terms of getting excellent margins.
Additionally, one needs to be rather thrifty. It makes no sense to spend $40 to sell an item that costs $10. This only makes sense if you are trying to generate attention of the other higher profit margin item. However, it would make zero sense to focus on items that make cents unless you will recoup the costs on the shipping costs. Also buyers have become rather savvy in these affairs and it would also be unethical to charge $12 on an item that will cost you $2 to ship in addition to handling.
Lastly, one should not quit their job so that they can pursue eBay-ing as a beginner. The sole reason is that it has some bit of a learning curve to it. There are a few tricks that one has to learn in order to fully survive on eBay. Nevertheless, there are many individuals that make their living off eBay alone.
There are a few things that one should avoid on eBay as a beginner. Firstly, one should have good customer service. Do not delay too long in getting the products out to the customer. Whenever the shipping has been delayed the customer will feel agitated or irritated and this could easily lead to negative reviews or disputes. In case of any issues communicate with the customers well in advance. Secondly, avoid wasting too much money on listings. Admittedly, at some point it is hard to get your products noticed and you can be lured into paying for listings. However, this will end up eating into all your profits.
Amazon
In the event that you feel that eBay is too small a pond for you then you then you can opt to try Amazon. Amazon is a brilliant platform that can be used to make a decent purchase. This is particularly true with their ability to purchase items with one click on their mobile app and their very tempting free shipping offers. There are a number of ways that you can get Amazon to pay you on a regular basis. Here are just but a few of them.
Join The Affiliate Program
This was discussed earlier and at length but it is important to remind you that you can make quite a fortune by joining the Affiliate Program.
Amazon Handmade
Amazon launched the Amazon Handmade which is basically a service that enables you as the seller to display your handmade items on the internet and to a larger audience. At the moment, it would cost you approximately 12 percent on referral fee to sell your handmade crafts such as artwork, jewellery, bedding, furniture, patio, home decor, lighting, and so much more.
Publish and eBook
You can make money making a free registration to Kindle Direct Publishin, which will allow you to have your eBooks to be published on the Kindle platform in a matter of 5 minutes and be on Kindle stores worldwide in the space of 48 hours. This eliminates the need for the cut throat book publishing business where one would have immunity to rejection letters. Here you can publish you novel, with an incredibly easy how-to process. Moreover, you can earn up to 70
percent royalties on all the sales that you make on the eBook. More importantly, you get to have complete control over you publishing rights and the ability to set your prices as you desire.
Third Party Selling
You have probably noticed that most of the items that are sold on Amazon are fulfilled by Amazon, however, there are some items that are actually sold by third parties. If for instance that you have a product, say a niche product, or you are an artist and you have some artwork that you need to sell, then you can put the item on Amazon as a third party seller which will offer you an excellent platform to reach the masses. Here there are many options and plans, you will select the one that best suits your individual needs.
Score Discounts on Amazon Reviews
Another easy method to make money off Amazon is to create an account at Snagshout. This can be done free of charge and it works by according you unlimited access to a marketplace where items are discounted at an astronomical rate, this will be done in exchange for a candid review of the items that you purchase. The discount rates range from 50 per cent to 90 percent of the retail price. Some items are actually free here or would cost less than a dollar. Here, you would be shopping in the same manner that you normally do however when the package arrive you would be asked to write an honest review of the product. Essentially, you would be paid in massive discounts for items that you probably would have been purchasing nonetheless.
Etsy
If it so happens that you are a crafter by profession then there is no doubt that you have heard of this platform before. It is a home to more than 800 thousand shops that are managed by sellers who specialise in making all manner of things such as home-made soaps, jewellery, music, clothing and so much more.
Here there is every category of handmade items that you can imagine, you can fit just about anything on ETSY. It is an excellent place for the crafters to connect with individuals that are interested in purchasing their goods. It is very possible to make money on this platform provided that you have the crafts to sell. There are many shops that are operating here and they cannot be doing so if there is no money to be earned. At the moment it is not very possible to have concrete data as to how much each of these shops is making given that the owners are not very forthcoming with the information. However it is possible to estimate using average sales and average price in any given shop. Each and every shop is going to have a slight variation in their overall margins but there are some success stories such as a shop called Three Birds Nest that supposedly makes over $70,000 in sales in any given month. This is quite impressive.
However, there are a few things that you should consider before delving into this particular business. First and foremost, is that it will not be an instant success. The business will take some time to grow and you will probably need to work on it for quite some time, which is true for almost every business but this is just so that you can manage you expectations. Therefore, if you are looking for a quick fix then this is probably not your cup of tea for the moment.
Secondly, as much as your business is online the product is still a physical item that you built so you might need to factor in something like storage costs. Being a craftsman you are probably aware that handmade crafts are very demanding in terms of care.
Thirdly, you might also want to consider packaging and shipping as these are necessary items of the trade and will cost you a pretty penny not to mention time. In the beginning, most start-ups have claimed that this particular item is a serious bottleneck for their business and it takes some time to sort it out. You need to properly plan for this in lest your business will have diminished growth.
Also there is need to factor in factory overheads. In the event that you enjoy the process of making things then this should not bother you all too much. However, if you only have a liking for handmade things (simply seeing them, buying them and selling them) then spending hours slaving over an item shall not be all that appealing to you. But that is not to say that you cannot delve into the crafts market without knowing anything and not make money; it is possible to make a killing. It is important to note that there is a significant difference between making a number of cool items and selling them to happy customers for some little pocket money and making a full time business that ships hundreds probably thousands of handmade items every single month.
Craigslist
You have probably or purchased a few items off craigslist. If you have been wondering how you can make money off this platform then you are in the right place. Craigslist is a rather popular option when it comes to buying and selling items online. However, there are more popular options such as eBay and Amazon. The only difference with Craigslist is that the platforms charges you nothing. While eBay would increase its fees that tend to eat into your profits, Craigslist will not charge you a dime. It is also a very convenient platform to use as it allows you to search for the items that you need by city. After you find your item you can contact the owner via email or call to view the item.
Have knowledge of the product you want to buy
This is often a rule of thumb when it comes to purchasing anything online; prior to hitting the buy button then you must do your due diligence in terms of research. Craigslist is not an exception. Always research on the prices and the quality and also the customer feedback. This sounds obvious but it is often the key component of any successful Craigslist deal.
Craigslist can be defined as a market that is very inefficient. A number of the people on this platform tend to be oblivious of the fair market value of items of the stuff they sell. Some would over price a used item by $200. There are also those that will pay the full price of a new item for a used item.
Negotiate Ruthlessly
Success stories on Craigslist attest that there is no fixed price on this platform. Therefore, for you to have any success here then you need to have excellent negotiating skills. One should not be afraid of rejection because the other party will not accept the offer. The beauty is that there other sellers in the same market that are willing to sell the same product. However, having cash ready to buy is a significant advantage because ultimately cash is irresistible. Also learn to be patient because the right deal is never easy to come by.
Okay so now that is all about Craigslist. So how do you make money once you purchase the items? Well there are a number of options.
Restore and Sell
Here, you would look for items that are old and probably need some little work. It is often the case that damaged stuff or old and dirty stuff will be discounted and these are the items that you should be focusing on. Make use of your skills and fix them up a little bit so that they look new and sell them for a higher price.
Flipping
This is where you buy items that are in great working condition, then you turn them around and sell them for a higher cost. This is a fairly easy task and can be done by almost anybody. However, it would be advisable to stick to the item that you are good at. For instance, if you are good at flipping cars then by all means stick to that.
Amazon Mechanical Turk
If you are interested in making money online then this platform by Amazon is probably what you need to be looking at right now. Amazon Mechanical Turk is a reputable site that will earn you legit cash provided that you follow the guidelines. If you have ever come across the term crowdsourcing, and in the event that you have not, then Amazon Mechanical Turk is the best place to get a taste of it. This program works something like Elance where you need to input your skills and information. From there you can go ahead to scavenge for menial tasks that would encompass sifting out inappropriate web content to doing fundamental data entry work to even transcribing audio recordings.
Like any other job the same rules apply here; the more time you spend doing it the better your skills become and the more you quality improves. Ultimately this will increase the overall chance that you have of making money. It is worth noting that the pay outs from this platform are often very small and the payment is often in Amazon credits. Nevertheless, Mturk is an excellent place where you stand to make good or decent money as you sit on the couch. There are a number of advantages of this site as well.
To begin with, setting up an account with Amazon Mechanical Turk is very easy; it is just a matter of finding the site and signing up. There is a 48 hour window where you details will need to be verified but shortly after that you will start making your money. Secondly, you can literally work from anywhere. Provided that you have a computer with access to a good internet connection then there is no reason why you cannot make money on Amazon Mechanical Turk. This platform also has very amazing flexibility in the sense that it does not stress you to maintain a specific level of earning so that your account may be kept open. Additionally, you can open and close an account as you see fit.
LinkedIn can be described as a social media platform for professionals. Most often than not it does not offer a direct way of making money but it is an awesome platform that connects you to your current or you potential peers. Nevertheless, there are some ways that one can use in order to generate some revenue stream using LinkedIn,
Developing the Mailing list
One of the possible ways that you can make money is by growing your mailing list. There is plenty of potential for income in the mailing list regardless of whether you are selling your own products or simply marketing some affiliate products. There are a number of ways in which you can grow your mailing list. First you can create a LinkedIn group with a topic that is relatively interesting and relevant at the same time. Then you can mail the members of the group using a specific template upon joining. This can be done periodically; maybe once in a week. These can promote webinars, free content giveaways, and such items. However, this is often very challenging as some people are reluctant to give consent for you to add them to your mailing list.
Selling Information Products
In the event that you are in the business of marketing your own informational products then LinkedIn is the place to be. You can funnel your sales by getting people from your page into your business page. This is how to go about it. First create a piece of content that is free. This would include free training videos, reports, white papers or even e-books. This is a very easy way to lure potential customers into your page. After which, you can share a link of your business page to your LinkedIn professionals. Then you invite the people to a webinar; these should promise valuable education at no cost to them (regardless of whether they will have an inclination that a sales pitch would be coming their way in the end. Ultimately this is an excellent method of using your LinkedIn connections.
iTunes
In the event that you are a musician, artist, writer, pundit, or have the skills to produce any type of audio, text or video that is worth consuming, then it is possible for you to make some money on iTunes. In selling any of your product here, you are able to go shoulder to shoulder with some of the largest marketing clout in the business. It is possible to make a very decent living in the iTunes store.
First off iTunes can be described as an affiliate method of promoting your business in which you as the affiliate get rewarded for each and every subscriber, visitor, customer or a sale that is provided using your efforts. How you make money off this site is that it requires you to provide an affiliate link on your site or website that directs to the iTunes Store. Each and every time that an individual clicks on this link and purchases something from the iTunes Music Store you get your revenue in the form of a commission. The amount of money that you get paid for is dependent on the overall number of people that will eventually see your links followed with whether they actually purchase anything following their viewing of your link. So generally you stand to be paid 5 cents of a $0.99 tract that is purchased. However, the truth of the matter is that as an affiliate you do not get paid a cent if your traffic does not lead to a purchase.
Blogging
Blogging is arguably one of the most popular trends nowadays. There is literally a blog about anything and everything. More importantly it is very possible to earn a decent living off blogging. There are a number of success stories that claim that for them blogging started out as just a hobby which then grew into a part time gig and at some point it grew into a full time job and eventually became a job that is capable of employing other people. This can as well be your success story.
One of the things that you need to know before diving into blogging is that there is no precise way of blogging. A blag can literally be about anything provided you have an interest in it and more importantly, it generates enough traffic. There may be a number of people that would claim that there is a specific formula for success in blogging. However, the actual truth is that each and every blog is unique and has their own unique success story. Therefore you need to forge your own path in as far as blogging is concerned. However, in order to make money off blogging you have to monetize your blog in one way or another. The traffic that you generate should not be in vain, it should count towards something monetary. Here is where partnerships with Google come in handy. You could as well opt to be blogging specifically for a given client on a particular product and the client pays you. Ultimately, there has to be a monetary aim to the blog for it to be profitable to you.
Wikipedia
Another really good way of making money of the internet is through Wikipedia. There are a number of people that claim that it is a very easy method of making money and all you have to do is to edit pages. Do not listen to these people because they have clearly never tried editing Wikipedia. It is an absolute nightmare. The beauty is that it is a nightmare for the companies that are on Wikipedia as well. Wikipedia is an excellent, expedient, and a very accessible source of information for the world; there is so much at stake for companies, people that are catalogued on the site, and products. This means that there are a number of these individuals that are more than willing to fork out monies to editors to help them in the process of editing. In essence Wikipedia editors are supposed to be dispassionate in their writing because they are not affiliated in any way to what they are writing. Ergo, paid writing would disrupt this whole process and that is why Wikipedia is a free site. However, paid writing and editing has been happening for a very long time now. It has been estimated that clients pay up to $1000 to edit or write a Wikipedia article.
Conclusions
There are so many different ways in which you can make money online. A good majority of these incomes are easy to achieve and often they do not require much investment except for time and dedication. If you are looking for some easy online incomes then you can apply some of the tips that you have got from this guide.