Ways To Make Money Online At Home (Part1)
In todays article I would like to tell you some ways to make money online At home.
There are in fact too many ways to talk about in just one article, but with over ten years experience working online, there are quite a number of ideas I will be able to give you, that you can use to make money at home.
Firstly, I will start off by listing some of the different ways to make money and then I will talk a little about each of them.
Ebay – You can register for a seller account with Ebay it is Free. Once you do that you can start listing products that you want to sell on Ebay. A lot of people on Ebay make a fortune selling stuff on Ebay though there are some fundamentals you would be learning from successful Ebay sellers as there are also a lot of people on Ebay who do not make very much.
Pros- Buyers market people on Ebay are sitting with their credit/debit card out ready to buy, Access to Millions Of Buyers and Sellers, Big money can be made if you learn what you are doing.
Cons- Listing Fees it costs you to list items on Ebay so if items do not sell you can lose money, Not everyone makes a lot of money, There can be a lot of competition in many Ebay Products which can cut down or eliminate your profit margin completely.
Amazon – With Amazon there are a few possibilities and ways to make money
1. You can register as a seller and sell your own items on Amazon.
2. You can join the Amazon Associates programme and sell products as an Amazon affiliate via your website, videos or various other online marketing strategies.
3. You can Also create an Amazon Shop On Your Website they also give you lots of marketing tools like pictures, widgets and banners that you can use to sell Amazon Products.
Amazon Seller Pros-Amazon turns over millions on a daily basis, people trust doing shopping or buying on the Amazon website as it is a well known brand name, People who visit Amazon are often looking to buy something and have credit card in hand.
Amazon listings appear at the top of Google so if you advertise under the right keywords so it is easy to get your ads seen on Google therefore driving lots of buyers to your listings. As a seller you get whatever you sell the product for minus a commission I think it may be around 15% you would need to check with Amazon to get the exact figures. It is Free to list your product on Amazon so if you get no buyers it doesn’t cost you anything.
Cons- If your product is not unique you might have a lot of competition, which can make it harder to make a profit as some sellers sell stuff for a rediculously, low price to get rid of stock or get their sales volume up to increase their Amazon commission rates. If you get too many customer complaints Amazon can and will ban you it happened to me all because a buyer in Brazil was trying to get stuff for free and did a chargeback on my account. You do not get access to the customers email anymore so you cannot build a list of buyers 🙁 The commission rate Amazon charges is quite high
Amazon Associates – As an affiliate of Amazon you can sell other peoples products and get paid a commission for it.
Pros – Amazon has practically every kind of product you can think of so you have a huge range of products you can make a commission on. Because of Amazons upsells, someone could click on your affilliate link to buy a set of dumbbells and end up buying a $1200 home fitness suite instead. They also have all kinds of marketing materials from pictures,banners,widgets and even embedded online stores for your blog or website. Your commission rates increase when you sell more products.
Cons- Commission rates are very low from about 3% to maybe up to 9 or 10% if you are selling hundreds of items a quarter you can check the latest prices at Amazon.Com. You do not get to track who the buyers where or get their contact details even if they came from your website.
CEX – CEX is a store where you can buy and sell electronics everything from games, DVDs,Computers,Mobile Phones, Games consoles and much more so if you need money you can flog your unwanted electronics. The other possibility is you could maybe buy something cheap in Amazon and sell it in CEX for a higher price, Or Buy something in CEX for a low price and sell it on Amazon or Ebay for a higher price. 🙂
Pros- Great way to get rid of old electronics you may not be using around the house, If you can see a big enough margin between buy and sell price then you can make money and listing the items on Amazon is free. Plus CEX tells you on their website what price they will buy your stuff for..
Cons- You could buy CEX products that don’t sell on Amazon, Many items may not have enough of a margin to make a good profit. There may not be a CEX store to buy or sell your products near you
Ways To Make Money Online At Home (Part1)
