I tell you about 2 quick and easy techniques to make an extra buck online! I use these techniques right now to make extra money, but you can easily make them full time income generators.
Episode 2a – How to make some easy money online!
Wohoo, on to Episode 2! I am really excited about this episode because I am going to share two techniques I use to make money online. It is always nice if you are starting this venture out fresh and you do not want to put a lot of money into it or do not have any money to put into it. You can follow these simple techniques to actually get started making money online.
Two Simple Techniques to make money online
With these two simple techniques you will be able to make enough extra money to purchase affiliate software, like Market Samurai – a great product that I am always talking about which will really set you above the competition and give you tons of research leverage.
I am always going to be talking about Market Samurai since I just really love it. Sometimes at night when I am thinking about one of my websites and how to improve it, I can’t wait to get onto Market Samurai to find out what my competition is up to. It is really kind of crazy, but I love using it, so I am going to try to do a detailed tutorial at some point in the future on using it and taking advantage of everything that it has to offer. You can get a free trial in the meantime. You really want to check it out.
Today what I want to talk to you about is doing reviews of products to make money online. This will teach you how to get your foot in the door by learning how to use hosting, buying a domain name, and installing WordPress. These are really simple things that I am going to be showing you in detail over the next few shows. But at this point I still want to give you something easy to do to make money online using some of the techniques I use to make an extra buck. We will get into more detailed techniques in future episodes.
You could use either of these techniques part-time to bring in some extra cash, or you can make them full-time gigs with a little more work. There are a lot of people who are using both of these techniques as a full-time job independently of each other. A lot of people do reviews for a living and they just sell affiliate products and earn a commission off of each sale.
Selling on EBay and writing Amazon Product Reviews
A lot of people sell on eBay for a living and they even stick to just one product. It is really insane and the technique of making money online with ebay is not dead by far. Writing review products for Amazon was also very huge at one point. I was doing fairly well writing reviews and selling Amazon products. I was even selling information products on Amazon, and it got to a point when the competition moved in and it became a lot harder to make money just linking to amazon products.
I was not really following super-detailed, step-by-step instructions on how to maximize my income, so once it got to a certain level where I was not happy with what I was making; I just went into a new direction. But there is a lot of information out there now. There are a lot of power sellers sharing their information. You could quickly learn the techniques they use to maximize their profit on eBay and Amazon and it can be your key to making money online.
I’m a real estate appraiser, as I stated in a previous show, and I still go to houses where these people are making a living selling products on EBay. I walk in their house and they have all their products in one room that is dedicated to this and it is just filled with products. Most of the people I have seen doing it as a full-time living were selling either new or used computer equipment. I do not know why; it is just what I have come across. It would probably be one of the worst ideas at this point to focus on selling only computer equipment. The profit margins are small and there are much better items with higher profit margins to make money selling on ebay. But if you can get any product with a significant discount like they were, you could make a full-time living selling products on ebay.
Amazonian Profit Plan
Not too long ago I was listening to a podcast on Coffee Talk with James Martel. He was interviewing Paula and Wanda, their friends from Australia. They were talking about how they write reviews for Amazon products. They start off doing detailed research, pick their products, and will write five product reviews at a time.
They usually state – just do five at a time – you will be able to get them done. You can focus all your time and energy into those and they do phenomenal. They are very experienced writing product reviews. They have done a lot of work perfecting their strategy on making money from Amazon. I love the hearing about their story so much I had to buy their instructional book on how to make money with Amazon. The book is called the Amazonian Profit Plan. It is filled with tons of information. One tip that they suggested was sticking to products that are between $300 to $500 to maximize your return. They really focused on using Amazon because Amazon is a very trusted company. Almost everyone buys stuff on Amazon; everybody trusts Amazon.
There are a number of different networks that sell products similar to Amazon, but Amazon has to be one of the most trusted online stores and almost everyone has used them at one point. In addition to it being so trusted, people tend to do a lot of shopping on Amazon. If you review a product and someone comes to your website and clicks on it, they go over to Amazon. They decide to get that digital camera with the 50x zoom and they buy accessories for the camera. They might buy extra lenses, extra batteries, memory chips, bags, and if it is around Christmas, they may do their Christmas shopping.
You will get a cut of all those sales, not just that one product that you referred them to Amazon through. That cookie lasts for a while. Different affiliate networks will store a cookie on the buyer’s computer for a certain amount of time. Even if they do not buy that day, if they come back within a day or two (whenever the cookie expires) then you will still get the commission on those sales.
It is really amazing and that is why people write these reviews to make money online. It is not just for that one product that they are making the money on, it is from everything that is purchased at that time. If you are a techie person or are into gadgets or an expert in any specific area, Amazon has something for sale in that area.
When you write your review you can even list a number of different products. You could create a shopping list on the website like Amazon that they could just go in and see your list of recommended products. They could buy them all at once, and you will get a commission on the entire sell, so it could end out working really well. I love doing product reviews to make money online. It is something I do on the side, but I just got some software that should speed up the process. I will show that in an upcoming episode as well.
Amazon Associates Program
Amazon does not have the best commissions in the world, but I have heard numerous people, in addition to Paula and Wanda mention that they have tried other affiliate networks as well, but they just do not make as much even though they might be getting a much larger commission. People just trust shopping online with Amazon.
You are going to learn how to write good reviews and posting them. You are going to learn how to do all aspects of submitting a review to article networks and getting traffic. If you are going to be posting these to your blog, then you are going to need to buy a domain name, a website, install WordPress, or you could go to a place like WordPress.com and do it from there. Just double check their terms of service. Come to think of it, I don’t know if you can do affiliate sales there.
I suggest that if you are really serious about getting started and making money online, use this opportunity to take your first steps. Buy a domain name, get the proper hosting at a place like http://www.mybluehosting.com, install a WordPress blog and start building it up.
That is how you are going to learn – by doing, by executing. You are not going to get anywhere if you do not take action – so take action! Give it a try. You can get the book at AmazonianProfitReview.com.
You can make some good money off their system, and you can make it a full-time gig, easily. They go through all the steps, so I will leave all the steps to them. Just go to AmazonianProfitReview.com and check it out.
One of the products I recently did a review on was a roller measurer. My blog is mainly focused towards appraisers, so I did a little review on this product. I try to give them away to my readers from time to time because I really love the product. It is lightweight and makes measuring a whole lot easier. It is all mechanical so you do not have to worry about digital products breaking or the batteries dying. The digital ones I had bought at Home Depot would break fairly quickly. Paula and Wanda normally would not suggest a product like this because it is only around $25 or $30 for this roller measurer. You are not going make very much money from selling something that inexpensive unless there are a number of upsells. I mainly put it up on my page and as an afterthought added my affiliate links. I make a little money online from listing it, and from time to time I get a buyer that picks up some other stuff.
One product can cover your hosting costs for a year
If I could get something to pay for the hosting of a website, just off the sale of some roller measurers, then I am going do it. You can get all the photos from amazon, along with a description and specifications. You do not have to buy the product. You can even go through all the comments and use what people have said about the product. You could list all that information on your review. The pros and the cons really help. You could also say if you are looking for this specific feature that this product does not offer, you can also refer them to something else. As long as you are adding value, you will make sales. Of course you have to completely rewrite everything and maybe even search the internet for more information that can be added in your review. Some people will go to a local store to take pictures using the display model. There area a lot of different techniques that will help you make money online.
You could always buy the products if you are interested in having them yourself and then do a more complete review of it. You could do video reviews that way, which are really popular and easy to rank.
What I really do suggest, if you are serious, just get a domain name. Get the hosting. What Paula and Wanda usually suggest is if you are going to stick with something like power tools and you are into power tools and know a lot about them, then buy a domain specifically for that, like powertoolreviews. Something that is available, of course. You can also make the website specific on only one product. It is only going to cost you the amount you pay for the domain name annually. Once you buy hosting, you can usually host unlimited websites there. I
I got my hosting at Blue Host for some of my websites and I host unlimited domain names on there. You can buy a domain name. You can buy five different domain names for each of the five products that you are going to review the first time. You could stick to it. If they all have the same thing in common, like power tools, you could make it a power tools-type site. They also said you could make it just kind of like a generic review site where you have a whole bunch of different products that you are doing reviews for. They tell you how to set up for your templates to maximize yourself.
If you are still looking for hosting, I suggest you watch this little video I made about Website Hosting. I really like BlueHost and they have one click WordPress installs so you will be able to get your WordPress website up instantly. Their customer service is amazingly fast and the hosting is very inexpensive. You cannot ask for more.
I have tried numerous different hosting companies over the year and have gotten stuck with really poor service. One off the top of my head is 1-on-1 Hosting. I do not mean to call anyone out, but they have never improved their services. You will find their ads in every computer magazine, such as Entrepreneur, Inc and every magazine out there that is geared towards being an entrepreneur or computer related topics. Their servers are so amazingly slow and their hosting fees are the same cost as BlueHost or HostGator. You do not want to waste your time trying out different hosts and getting really poor service. BlueHost has great customer service, so if you are interested in signing up, visit MyBlueHosting.com.
This show got so long I had to continue it on to Episode 2b – Getting the Most out of your Ebay Auctions
So I hope you continue watching the rest of the videos! Thanks again for watching and make sure you sign up to my Newsletter!