Many people ask me if there is a lot of potential money one can make on the Internet in today`s market.
The answer is yes even in 2016, 2017, 2018 and beyond...
Suppose you have some products or product ideas with you - then you`ll be sharp to sell these products online and accumulate gross amounts of Bank. Thousands of people in fact, around the planet are earning big cash - right now -selling their own products online. It`s not even difficult, its easy and you can do it. Have faith in yourself, faith in the infinite.
However, you have to overcome two problems. The first being that you must acquire some products to sell or re-sell and secondly is how and where you can sell those products online. How do you overcome these two issues? It is very simple, my friend,very simple.
Which products can you sell on the internet?
To make profits, you have to sell in demand products to the customers who want them and are in need of them online. Before you can do this, let us examine the types of products that you can sell online legally.
We can split these products in two different categories. The primary ones are physical products, with second one being digital or intangible products. Thus, let us investigate them one at a time.
Physical Products
Our first type of physical products are accessories which do not fit into necessities like auto, electronic, computer etc. Or they might be jewelry, precious metals, unique paper money and coins, fragrances, clocks etc. These and many other physical products require that they be delivered through a single courier (mail carrier to a shipping company - i.e., FEDEX/USPS/UPS) to the buyers of your products. This will per-require that you have one of the following on your website or on a third party selling platform:
POS System: Point of Sale code or codes on your website which connects to your bank to enable customers to purchase a physical product from your website to fill out information and process their debit or credit card information from their bank to yours. This can be a program you may purchase and upload to your website host or an API code to enable usage. Either way there are many to choose from and some are rather complicated to set up.
Third Party Payment System: These are systems that accept online payments the same as above except with a catch of a small fee or month to month payment to keep the service running. When transactions are made by customers and delivery is verified the service wires the money to your bank through your routing number and Wham!, you get paid! PayPal ranks the highest for use. Alternatives include -2CheckOut,Authorize.Net,Intuit and many others. Also there are similar ones on warrior forum etc. You`ll find them, just do the research.
Either you can have your own man-made/handmade products or you can get these products from the wholesalers at a goods discount outlet. More and more are looking for people who can sell their products directly to end users. You can convince them that will be able to do this for them.
You may also sell higher ticket products like laptops, mobile phones and accessories. Be aware that on third party selling platforms that the competition is congested and market saturation, price wars, and the like are already in high-gear.
Digital Products
Our next category are digital products. Digital products are generally downloadable information like eBooks, e-Comics, software, and services which enable users to do something beneficial to them to make online money themselves.
These products are widespread, and downloadable unlike physical products, which cannot be physically handled until either printed or used on a home computer or on a hosting site. Course programs or consultation services may be incorporated into a digital product seller`s plan because these too do not require any physical shipping because they have no physical attributes until printed or retrieved in a physical system.
If you are an expert in something you enjoy doing like cooking, diet management, health, script writing, pet training or anything else you have an interest in and are experienced at, it will be a benefit to somebody online. Then you can start creating your own eBook-(s) selling them on the net. If you are running a tutorial series toward home coaching, personality development or professional courses etc., than there is an excellent chance to scale your business up online. Or if you are god at software programming, then you should create unique software to benefit those online.
Advantages of digital products is you do not have to fret over shipments, payments and charge backs. Anyone willing to pay can download your information product from their home computer making the type of one-time or recurring payment through a debit card almost automatically.
The different ways to sell products through the web
Now that you have acquired your products you`ll want to sell them online to the consumers. It does not matter if you sell physical products or a digital products, you can make a profit using the methodologies below...
eBay
One way to sell physical products online is through the eBay online platform. It is the No. 1 site in the world for buying and selling products. People on eBay look for deals, so keep your prices relatively reasonable.
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| Many Possibilities with an eBay store |
Registration is necessary to begin selling, you will also need a PayPal account since the mass-populous on eBay`s platform wheels and deals with it. Once you familiarize yourself with how to use eBay, go and begin registering and fill out all the proper information that eBay and PayPal both need to Pay you when you do make sales. Choose the appropriate category in which you will sell your products.
Keep in mind is that you will need to convince buyers that your product is the best. Once they see that it is useful to them they will then buy your products. Remember there are hundreds and hundreds of people on eBay who are also selling on eBay. Moreover, customers will just glance at your product and file it for future use. Therefore, you have to sell your products in a way that it catches the attention of customers at first instance.
Upload and relevant images related to your product in a clear easy to see photo, the write a lip-smacking description with a UPC (Universal Product Code) you can buy for your product or products cheaply. eBay is the best place to sell online. Amazon is not included in this article.
Blogging and Social Media
Blogging and social media are another fantastic opportunity through which to sell digital products. You can start a blog on the topic of your product. Provide relevant information about the benefits of your digital product to visitors on your blog.
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| Blogging and Social Media Platforms work |
You must establish trust and persuasion in people who come to your blog - it is the order of the day; if people visiting your blog are not convinced that they can trust you, and your products, how can they even begin to enjoy what your doing or even return to acquire other products you offer? In order to sell your products, make the best use of social media websites like Facebook and YouTube.
Blogging and social media are one of your best options for sales of your digital products. It can get you far, very far.
Promoting on Google
There exists no other better choice so that people can locate your digital and physical products then on Google. The world’s leading businesses depend on Google to help them sell their products online. You must have your own website to promote
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| Google Adwords Voucher |
through Google. You can outsource an affordable web designer on any freelancing site such as Fiverr or Elance.
You should signup with Google AdWords and promote your products on Google`s platform. Google wants every legitimate business to try Google AdWords. If promoted effectively, and its no joke -you can make millions by promoting your product on Google AdWords.
Channels for Receiving Payments
Now comes the most important aspect of this post. If your desire to sell online is good, then your going must consider how you are going to receive compensation for the service your products offer. One of the best ways to do this is to register with PayPal / AlertPay etc.
Many of these services are 100% free to join while others are not. Choose the best one that suits your fancy, there are plenty of them around the web. Once your signup is complete, you create the payment button-(s) copy the code and embed it into your site`s page,post or whatever platform you use. Customers can now make a payment through their bank card and you will see this in your PayPal account when you are notified via email that you have made a sale.
You can let it build up (seeding your account) or withdraw your payment amount from PayPal to your bank and is very simple. Because you are selling a digital product, people can automatically receive the download link upon making the payment. When you sell physical products, you must not fail to deliver the product on the address you receive in your PayPal or eBay account.
If you default on this, you will NOT receive the money and the customer will file a charge-back either because of slow delivery, incorrect product item, damage, or improper packaging etc,etc. Any one of these incidents can get you negative feedback, a dissatisfied consumer or even legal headaches. properly deliver items as described.
One proven way to online selling is to deliver the product on a Cash On Delivery (COD) basis. Though this is risky, you can increase sales to almost double using this technique that very few people seldom use online today.
It is not wise with the number of crimes committed online and the amount of corrupt scams to-date to display your bank account details on the page description and ask your customers to make the payment through cash deposit, check deposit or even net-banking and tell them to send the payment details through phone or email. This is a dangerous plan akin to inviting a criminal from Craigslist into your home. It is very, very risky so, avoid this idea all together.
You don’t need to worry about payment processing in case you are selling on eBay as they have their own payment processor with PayPal. eBay sends your payment within 3 to 5 Business Days.
Shipping your Physical Product
As I said mentioned previously, digital products should not overly-concern you, you do not have to bother with shipments and delivery schedules because customers can download them or can be sent to them through the email and have them linked to a special one-time download.
On the other side of the tracks, concerning physical products, you have to physically make sure that the product safely arrives to your customer’s doorstep. Never ship the product out before the customer makes the payment and it has been verified.
Now you will send your products through courier services. You can discuss your issues with your local hub and work on an agreement that he will send all your packets at a reduced price. If at all possible.
There are so many good shipping companies which can make your shipment less complex.
So if you own any product or can buy them cheap wholesale then it becomes that much more easy to sell online. All you have to do is make a plan and follow these easy guidelines provided here. perhaps you have already tried to in the past but failed, let me know the reason so that we can discuss how to make it successful. Send any problems you might be facing through your comments below.
