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Many people have realized that they can turn their computer into a money making machine. There are many ways you can make money with your computer. This article will show you several low cost ways to make money on the net.
Sell Products or Services Online
You can set up an online store to sell a wide variety of products. However, it will cost you few thousands dollars to start an e-store. One way to start an online business with minimum capital is deal with drop ship wholesalers. So how drop shipping works?
- A drop ship distributor is a wholesale company that will ship one product directly to your customer.
- You don't need to pay for an item unless it is sold.
- You don't store any inventory.
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- Your customer pays the retail price for the product to you and you pay the cost of the product to the drop ship distributor. The difference is your profit.
Drop shipping system makes it affordable for anyone to start an online business due to the benefits it offers. EBay is the best place for you to start selling your products with drop shipping system. One strategy you can try is sell the similar items to the one that have attracted several bids in eBay. For instance, say you have opened an account with a cell phone drop ship dealer and ready to sell cell phone on eBay. You found that a Nokia 8810 cell phone have attracted 7 bids, so what you can try to do is list the similar item immediately with lowest price possible. Of course, there is no guarantee that you will make any money with this strategy. There are many more auction selling ideas you can find from the Internet which can help you make a steady income on eBay.
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You may join several freelance sites for free and start bidding for the projects and contracts that are right for you. You can also make extra money writing articles and essays. There are places and websites where you can sell your articles and essays for a price anywhere between $5 to 25 per article. Furthermore, there are forums and blogs offer to pay anyone who post message and article to their websites.
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Affiliate makes money online by selling other people's stuff. An affiliate earns commission whenever someone sent by him/her to his/her merchant's website makes a purchase. Clickbank is one of the best places you can find an affiliate program to join because it is the largest e-book store and contains a ton of merchants looking for people to sell their e-books. The main task of affiliates is promote and advertise their merchants' websites (affiliate links). One method to promote affiliate program is advertise on Google. To advertise on Google you'll first need to open a Google AdWords account. You can start advertise on Google immediately after paying $5 account activation fee. Your cost of advertising is calculated in pay-per-click (PPC) basis. This means that Google will only charge you whenever someone clicks your text ad.
Taking online paid survey at home is an easy way to make money online as you don't need any special skills and knowledge to complete paid survey job. In order to increase the money you can earn, you need to join as many market research and survey companies as possible. However you can't expect how much money you will make monthly because you have no idea when a paid survey invitation will send to your mail box. Thus it is not an ideal way to make a wage but a great way to make some extra income for paying your monthly bills.
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Recently, I read several complaints by marketers who had tried using sites like My Space and other social networking sites to market their businesses.
They complained that these sites didn't really bring them any real traffic, and they really weren't making sales by using these sites.
In essence, these sites were a waste of time to market on because they didn't produce any immediate marketing results.
As someone who uses My Space, as well as several other networking sites to market my business, I believe that these marketers missed the point.
Blatant marketing on these sites won't work. Your approach has to be far more subtle. Your goal should be something different: increase your presence on the internet, build backlinks from a major traffic site, and build your brand so that potential customers find you.
1. Increasing your presence on the internet
This is especially important if you are new to marketing your products and services on the internet. You have to build a presence, and a big one, if you want to be found by your market.
"Build it and they will come" is the mantra of those who are so overcome by their egos they think their sites will be found without any marketing effort at all.
Successful marketers know this isn't true. You have to get out there and promote yourself if you want to sell your products and services.
Because social networking sites are high traffic, you have a better chance of being found if you get out there and build a presence.
2. Building backlinks
The search engines are constantly spidering these sites. Want to get your site spidered? Then building a profile on these sites will help the search engines find you and then ultimately, your customers can find you.
Remember, though, don't blatantly sell on these sites. Create a profile that tells everyone about you and your products or services. Include links to your website, or if you have more than one site, all of your sites.
Make your profile keyword rich with keywords from your topic.
3. Branding yourself
Whether you are a writer, or you are simply selling your own products and services, you will need to resort to shameless promotion if you want to make the sale.
When you brand yourself, you are attaching yourself to a specific topic. You become an expert on the topic.
Writing articles and posting them on your blog on these social networking sites can help others become aware of your products and services.
This builds value, and by contributing to these sites, you are not only building value for them, you are building value for you.
What's key is to use a soft sell approach. Establish your credibility and expertise. Get others to trust you and believe in your products. Then you will make the sale.
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