No. 6
Resell Items On eBay
What is eBay.com?
eBay is the most popular website to buy and sell goods on the internet.
It’s a place where individuals and businesses can buy or sell new or second-hand items, from books and clothes to cars to almost anything.
Here's how eBay works:
A seller lists an item on eBay, almost anything from antiques to mobile phones, books to sporting goods.The seller chooses whether to sell the item at a fixed price or accept only bids (auction-type listing).In an auction-type listing, the bidding opens at a price the seller specifies and remains on eBay for a certain number of days.Buyers then place bids on the item. When the listing ends, the buyer with the highest bid wins.In a fixed price listing, the first buyer willing to pay the seller's price gets the item.
Suitable For -
People who are self-motivated and know how to spread the word – to friends, family members, acquaintances and strangers using online or offline mediums.
Skills Required -
Some experience of selling goods online or offline is welcome, along with a business savvy mind.
Time Required To Start Selling On eBay -
To start selling you first need an eBay account and a PayPal account.
After that, you need to enlist your product for which you’ll need upload some product pictures and write an appealing description.
Even if you are a beginner you can do all the above tasks within a day or two.
Tips -
- If you are completely new to eBay and your account does not have any feedback, then getting some feedback before starting to sell anything is a good practice. People are very wary of buying anything online nowadays, so if your account has 0 feedback then no one’s is going to buy anything from you. It’s recommended that you should get at least 10-15 feedbacks before selling anything.
- The simplest way to get feedbacks is to buy 10-15 $0.99 items with free shipping. Many sellers leave positive feedback to you straight way when you’ll make payment.
- Start small - Most of the eBay resellers buy a bulk wholesale stock of any particular product then sell it on eBay at a retail price. If you don’t have money to buy a wholesale stock then find out unwanted items present in your house which are in good condition and make a list of them.
- Research - Now as you have a list of few ready to sell items you must ensure that there is a market for them. Take 10 minutes to Google your item and uncover its true market value on eBay and another bunch of e-commerce sites. This will help you to sell right items more competitively because you’ll have the knowledge of your item’s market and its pricing strategies. Also, dig out relevant targeted keywords which will help people to find your items via Google search engine.
- Craft the title - Title is the single most important factor for grabbing the attention of your potential buyer. Make sure your title is appealing, complete and you’ve included targeted keywords. You don’t have to be a tech wizard for this. Just ask yourself, what would a potential buyer for this item type into the search box?
- Write item’s description - Fill out all the fields in your listing, and make sure your textual description is providing all the information that your potential buyer might look for. Most of the lazy sellers ignore this and fail badly at selling anything on eBay.
- Upload item’s pictures - Upload only high-quality pictures. Ensure that item’s pictures are new, clear (not blurry) and cover the product from all angles. Also, don’t restrict yourselves to 2-3 pictures upload at least 6 pictures.
- Timing - Most of the expert sellers use 10 day listing starting on Thursday, you should use it too, it will give you two full weekends of eyeballs. You’ll usually receive the highest traffic on weekends.
How To Monetize -
Monetization is very simple. More people place orders with you more money you make.
- Your item quality and delivery influence your user feedback which directly affects your order placement.
- So make sure you are delivering items with good quality.
- eBay handles all your transactions securely, so you don’t need to worry about any payment processing issues.
- Once you are in a profit making stage, buy your most selling products in bulk on a wholesale price and the sell them on retail price to increase your profits.
- Rinse and repeat.
No. 7
Do Email Marketing
What is Email Marketing?
Email Marketing is another form of affiliate marketing where you use your email list of blog subscribers to promote a certain product.
Suitable For -
People who love to talk, write, explain and have the ability to persuade.
Skills Required -
Ability to write promotional emails.
Time Required For Building An Email List -
Email marketing is very profitable but building an email list takes time.
To build an email list, you will give away a free ebook or an email course anything that will help them in exchange for their email list.
If you already own a blog you can create an opt-in form and ask your blog readers to subscribe to the weekly newsletter in exchange for their email.
On an average, it takes 1 to 3 months to build a profitable size of the email list.
But from long-term perspective, email list is one of the most profitable and stable ways of passive income
How To Monetize -
1. Send promotional emails to your email list which includes your affiliate links to products you are promoting.
2. More the people in your email list more the chances of the higher number of people clicking your affiliate links and purchasing the product.
Hence, you generate more money through affiliate commissions.
No. 8
Join Leapforce
What is Leapforce?
Leapforce is a US based company that provides work at home opportunities across the globe.
They will mostly offer you an online job of “Personalized Search Engine Evaluator.”
Joining Leapforce is one of the most legitimate ways of making money online from home, and you must definitely think of giving it a shot.
I am insisting Leapforce because you don’t have to invest any money nor start any business.
It’s a perfect start for someone who has no money at all.
Leapforce is an independent company contracted by Google, Bing and other big search engines to help them assess their algorithms.
Such companies always hire real people to help them in this process.
As a search engine evaluator, your job is to follow the instructions given to you in the assignments, research and analyze the search engine results.
You’ll have to provide feedback on search engine results by measuring the relevance and usefulness of web pages in relation to given predefined queries.
Suitable For -
For anyone who has a laptop and decent speed internet connection.
Skills Required -
1. People who have excellent web research skills and analytical abilities.
2. People having good verbal and written communication skills.
Time Required For Becoming A Leapforce Agent -
In order to get hired, you need to fill out an online application and upload your resume. If you are shortlisted you are required to take and pass a three-part qualification exam.
The exam will test your theoretical and practical knowledge about web research and search engine evaluation.
The qualification exam is challenging and you must take it seriously. If you fail in the first attempt you can still re-appear one more time.
It takes mostly 14 days to complete all the processes from registration till final qualification.
Tips -
1. Position yourself as an ideal candidate - To improve your chances of acceptance, you must be an active user of Google’s search engine and Google’s other popular products such as Gmail, Youtube, Google Play and Google+.
2. Fulfilling other important requirements- To get accepted you must use Google Play at least once per week; use Google+ more than once per month and have more than 11 people in per circle. You must have a Gmail account with web history turn on.
3. Study well - Leapforce will provide you all the study material required for preparing your initial qualification exam. Make sure you study them well before taking an attempt.
Remember you are allowed to take only two attempts, if you fail at both of them then you’ll never be able to apply to Leapforce in future.
How To Monetize -
You’ll earn $13/hour if you're a U.S. citizen and $7/hour if you are a citizen of any Asian or African country.
All the payments are sent at the end of the month by cheques.
No. 9
Join Survey Panels
What is a Survey Panel?
Survey panels are run by survey companies most of them are market research companies whose main aim is to collect data from the users and use it for research, product development or marketing purposes.
In order to earn some money from this survey panels, you need to sign up with them.
Once you’ve signed up the panel will send you survey requests via email.
Your job is to complete those surveys within the given time frame.
Surveys will mostly cover questions related to products and services.
Sometimes they will even ask you questions related to your lifestyle, such as the city in which you live, how many times you watch movies in a month, how many times you eat at a restaurant in a month and so on.
The completion time of each survey may last from 1 minute to 30 minutes.
Suitable For -
People who love to give opinions.
Skills Required -
Ability to provide honest opinions.
Time Required For Starting Paid Survey -
Almost instantly. Just sign up the following leading paid surveys panels.
OpinionOutpostSpringboardAmericaVivaticE-pollYouGovPaidViewpointiPollMySurvey
How To Monetize -
1. Most of the survey panels will pay you from $1 to $10 per survey taken or pay in the form of Amazon gift cards, free mobile recharges, food coupons, movie tickets and so on..
2. More surveys you complete more money you earn.
No. 10
Start Your Podcast
What is a Podcast?
A digital audio file made available on the Internet for downloading to a computer or portable media player, typically available as a series, new instalments of which can be received by subscribers automatically.
Suitable For -
People who like to talk and explain the things.
Skills Required -
1. In-depth knowledge of any topic you are interested in.
2. Ability to persuade with logical reasoning.
Time Required For Creating A Podcast -
There are 3 important steps for creating a podcast.
1. Prepare a script. Determine what will be the content. Create an outline to keep track of what you are going to discuss or promote.
2. Record audio for your podcast.
3. Upload your podcast on your personal website of iTunes.
How To Monetize -
1. Sell your podcast. But ensure that the content in the podcast is compelling to convince people to pay for it.
2. Insert a commercial into your podcast and earn money.
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