Showing posts with label Sell Other People Stuff. Show all posts
Showing posts with label Sell Other People Stuff. Show all posts

Wednesday, 24 March 2010

Dropshipping Business

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You must be in search of a wonderful home based business opportunity from where you can make money on the side per month especially being with your family all the time. Who wouldn't love that?

So there's one way you can make literally thousands a month online. This way to make money does not even require patience or any technical expertise like the "blogging" where you have to first develop some good traffic (which requires some technical knowledge) and then only some cash will come towards you.


The only thing you require is to have a credit card (most preferably your own), an internet connection and that's it. Now using these two tools, you can supplement your monthly income.



So what's this method actually is? Have you heard of Dropshipping? If not then don't panic. I am going to tell you that what this "Dropshipping" really mean and how it can be a good source of your monthly online income?

Check out my own eCommerce store here: Jacoozy - Shower & Bathroom Accessories


Dropshipping phenomenon actually is the deliverance or shipping the product to it's consumer. So how can you make money out of it? It's simple. Search for the dropshipping companies related to the niche you are passionate about. Of course the golden rule is to promote only those products about which you can write their specifications or respond to the queries related to them. You can sure find many companies which provide these dropshipping opportunities. After signing up for these companies, and choosing the product, you list the product anywhere where your potential buyers have access to your product to buy it or at least to preview it so that they can buy it. This "anywhere" could be an online marketplace, your blog, your website e.t.c.

When your buyer decides to purchase your product, he places an order and pays you. Of course he does not know that you are promoting a product of another dropshipping company (why should he?). When you receive that order and of course the payment, you quickly take out your credit card and again place an order to that drop shipping company. The shipping or delivery address is of course of your customer. You pay the company and the company will deliver that product to your customer's doorsteps and that's it.




But wait a minute! Where's the profit after all? Actually the profit lies in the price you charge to your customer and the price you are charged by that drop shipping "Whole Sale" company or in other words these dropshipping suppliers are actually dropshipping wholesalers. You got that. Actually the company charges you the whole sale rate and you charge your customer the retail rate or to gain an edge, below the retail rate. So if an item is available at $100 out there, you can have access to it at say $70 (whole sale rate). Now it depends totally on you that at what price you want to market that item.

Of course being logical the price would not exceed $100 neither you would charge any thing below $70. To gain the edge over your competitors, you decide to sell that item at $95. The customer pays this amount to you which is credited to your bank account and gives you the shipping address. You quickly place the same order to the company and pay them $70 with the shipping address of your customer. Your customer receives the item, the company makes a sale and you grab a commission of almost $25 (excluding the credit card charges).

So without the hassles of maintaining the stocks or inventory you can make some good money from this whole drop shipping business. The key is to market your product effectively and charge your customers wisely.

Definitely there are more questions to be answered, but I would do that in any other post. Until then you develop for yourself, a list of good whole sale drop shipping online companies.


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Thursday, 11 March 2010

How To Build Strong Relationship With Your Readers

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In my other post about the benefits of building strong Interpersonal Relationships I advised that building strong relationships with your readers/visitors/customers is necessary in order to succeed in online business. If you are a blogger, it is also necessary that you make your readers feel friendly and comfortable at your blog so that they keep on visiting again and again and also refer your blog to their friends as well. Thus resulting in increased number of readers which ultimately means more online money. As the benefits I already discussed in the last post, I would now discuss the ways through which you can ensure that you are not a stranger to your readers and make sure that readers to your blog do not come to your blog only once through organic search, but they also bookmark and email your blog page as well.

Since I have decided to impart useful blogging tips and tricks to my readers, so following are the ways to make your readers your friends.




1).Write Quality Content

The top priority should always be the content you are posting on your blog. If it's informative, unique, well written and the readers feel to be engaged, then you will be able to strengthen your bonds with the readers. Of course the visitors are there in search of information. If they feel that the thirst of their knowledge is quenched at your blog, then its more likely that they will follow your blog and refer others as well. Additionally, a little bit of humor can really spice up your content as the readers will feel that they are not reading a newspaper. It's a blog man!!! be natural and the requirement of creating "engaging content" will be almost fulfilled.


2).Use Social Media Websites

Since the advent of these social media websites, the businesses have used this medium very effectively and have been successful. So sign up for these websites like twitter, facebook e.t.c and start following people of your blog's niche. Try to create online community so that the people start knowing you.

A useful way of being effective on these websites is that always complete your full profile. People love to know who they are engaging with. If you leave an incomplete profile, people would not feel like getting engaged with you. Or in other words, if you have your complete profile, with your snaps as well, people would feel that they are interacting with a human. So more chances are created of better relationships if you have your updated and complete profile.

3).Join And Be Active In Forums

Whatever topic you blog about, try to find out some forums related to your niche. Of course you will find forum for any topic as the internet world is too big. Once you come up with some good forums, join these forums. However you cannot achieve your target by just joining them, you need to take an active part in them. Taking active part means start helping out other members in the forums, try to become friends and if you have done these two things and don't know what else to do in the forum. I advise you should start asking questions about the things you need an answer for. Of course this is also going to make you known by the other bloggers or web masters.

You must have figured out that why I said to find forums related to your niche. Of course you can only help other members if you yourself know the answers of the questions asked and this can only happen if the question asked is about your passion.


4).Post Comments On Others Blogs

Try to locate bloggers, blogging in your niche. Read their blog posts and start posting comments. Note that do not post spam comments like, "Nice article, Keep it up or I enjoyed reading thanks for posting" or other crap like this. You'll do this and the bloggers will start blacklisting you. So post original comments which enhance the value of the posts or the blog. Asking questions related to the blog post you are commenting on by the blogger is a good way to initiate the interaction between you and the blogger. This way the people besides the blogger, come to know you and and your blog. And of course, do not forget to leave your blog address. Not in the comment body, but in the "URL" section of a comment. To make people's following to you even more convinient, you can type your blog title in the "Name" section. Or if it seem too spammy, you can type your name and blog title both like yourname@your blog title. The people will start knowing you by your name and your blog.

5).Allowing Comments On Your Blog
Allowing comments on your blog is also an effective way to interact with your readers. Of course the rule is to write good quality articles so the readers are compelled to post their comments. However making visitors feel like posting comment, is a topic which I will discuss in great detail in any other post. For this post, I would advise you that always reply and reply positively against your reader's comments. Make sure that you do reply. If the visitors feel that you don't pay a damn about the comments they post to your article, they will stop commenting in future. Additionally, replying them in friendly tone (this does not mean that reply in favor of the comment. It can be against as well) will help you in making your readers your friends and feel easy on your blog.

6).Create An Email Subscription List
Creating an email list of your readers is a good way to keep your readers engaged with your blog. You need to place an email subscription form or opt-in box at your blog so that the readers can enter their email addresses so that they keep on receiving updates of your blogs. these opt-in boxes can be placed after you sign up for the "auto responders". There are many available out there, free or with some monthly subscription fee. At present, I am not able to recommend any auto responder. So do the research work yourself. Once you develop a good list of your subscribers, it will ensure that your readers keep on visiting your blog for every update.



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Wednesday, 3 March 2010

ShareASale.com - Review

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shareasale.com logo
With so many affiliate programs out there, the problem is of course what online affiliate program to join so as to start your career as an affiliate marketer.In order to make money by selling other people's stuffs you need to join an affiliate program that rewards you on a much fairer basis.

Therefore, in this post I would review one of the best and free online affiliate program, shareasale.com



With almost 3000 merchants on board, the shareasale offers a great variety of products to promote. This is the best thing about it. As you are able to market products which relate to different categories which is unlike clickbank. Where all the products are electronic items. I don't say that clickbank sucks. Its a popular affiliate program anyway but relatively, shareasale has a upper hand over clickbank as it provides range of products. So you don't have to restrict your niche. The merchants in shareasale vary from automotive parts and accessories to financial services.

So how does shareasale work? Shareasale works on a simple concept of gathering the merchants and affiliates on one platform. The merchants keep receiving affiliates, willing to promote their products and affiliates are able to find merchants, ready to pay for their efforts.

Shareasale does not only provide a platform but is also provides a dedicated interface, through which both merchants and affiliates can keep  track of their performance. Steps are being taken by the shareasale.com's owners to enhance the interactivity.

For this purpose they have also started a social networking type of service within the web site named as "Affiliate's Aquarium". Where the members, whether affiliates or members can interact with each other. You can join groups or make friends just like any other social networking web site. My opinion is that it's a great way to enhance one's selling potential as an affiliate by seeking help and guidance from other affiliates.

I discussed in my other guest post about shareasale.com that the disadvantage of joining shareasale is that you will have to sacrifice some share of your commission as an affiliate. Let's say if a merchant gives you 20% commission on his own website, then the commission for the same product by the same merchant joined through shareasale.com would be lesser than 20% because shareasale.com would charge affiliates for providing the services. I would confess that I was wrong. Soon after I published this post, a comment was posted by one of the representative of shareasale.com which was:


Thanks for the review on our network Alan. I just wanted to clarify one part of your post. Our transaction fee is actually 20% on top of the affiliate commission, and this fee is paid by the merchant (not taken out of the affiliate's commission). Quick example: if an affiliate earns a $10 commission on a sale referred to a merchant, the merchant then pays ShareASale $2 for the transaction fee (20% of $10). The merchant's total payout in this case would be $12 and the affiliate's commission would be $10.
By David (ShareASale) 

So I guess, the misconception  has been well clarified by one of the ShareASale.com official.

Now let's have a look that what facilities shareasale.com provides so as to make the interaction of its members even more convenient.


Types Of Programmes Offered:

This online affiliate marketing platform, offers three types of programmes, its members can participate in and make money through affiliate marketing. These types are:

1).Pay Per Sale Program
The most simple, make a sale and earn commission program.It's simple and too obvious to understand that I think I don't need to explain it any further.

2).Pay Per Lead Program
You can also earn in this program by creating leads to some web sites, rather than making a sale. The moment a person signs up using your e-mail address, your account would be credited. It's more easy to bring leads to a business rather than making a sale as creating lead does not require a credit card to be pulled out of your pockets. Definitely the reward is also less than a sales commission. Shareasale.com itself offers a pay per lead program for its own web site. You make $1 for every member referred by you to this site. Not every web site offer this pay per lead program.

3).Pay Per Click Program
This one's the best program which is offered. Just like any other PPC program, you earn for every click you receive on the link to any web site (merchant in shareasale.com). But there's a problem. You have to reach the minimum payout at least once in order to be eligible for this program and just like pay per lead, it is also not offered by all the merchants at shareasale.com. In fact the least number of merchants pay you per click as compared to other two programmes.

The above are the types of programmes offered. ShareASale.com also provides you with the following facilities so that you can make maximum out of it.


Make A Page

The online affiliate program keeps in mind that many of its affiliates prefer to sale the products via a blog or a web site. So a link named as "Make A Page" is there to help you out. You don't need to work hard trying to integrate your affiliate links in your web page as it's already done by it. Just click the link (Make A Page). choose the affiliate you are already enrolled in, set the specifications best suited for your website or blog's theme and create a page. A whole page is created with the products specified and your link integrated in to them. Just copy and paste the code in your blog and you are done. Whole new page full of your affiliate links is created.


Multiple Banners And Links

Varieties of text links and banners are offered by the merchants so you promote their web sites in the most convincing and mesmerizing way.


Specific Product Links

Exclusive links are also available redirecting your customers to a specific product. Let's say that you need to promote only one product. You can get a link to it from the control panel and start promoting it.


With all the above facilities and ease to promote and sell stuff online, If you really find this ShareASale Review useful, then I recommend you to join shareasale.com and start selling other people stuff.


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