Table Of ContentMETHODS AND MADNESS:
SIMPLE GET YOUR FEET
WET MONEY MAKING
METHODS
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1. Perhaps the LAZIEST Method
Ever!
Go to ebaypartnernetwork.com and sign up for eBay's affiliate
program.
1: Do an online search for the top classified ads sites and put together
a short list of the best to get started. Craigslist is an obvious one to
use but remember that there are others that can bring in some
revenue.
2:Pick a very high demand item and list it for sale on all the classified
sites. Now when people message you asking for the item you can
either say that you sold it already and then just redirect them to an
ebay auction of the item using your affiliate link or you can just tell
them that you decided to list the item on ebay instead of selling it on
the classified site. The 2nd option is better in my opinion. Be creative
and come up with your techniques if you can.
3. Now you will not only get paid for the people that buy something on
eBay but also for all the people that just sign up for eBay and are
active. *Everyone you send to eBay will also have a 30day tracking
cookie attached.
You should very, very easily be able to make at minimum $10 per day
with a little bit of work or if you really put some work in and get
creative you can reach that $100 per day mark that everyone is after.
*******NOTE******* Don't limit yourselves to just high demand
gadgets, remember there are plenty of HIGH DEMAND items that are
also HIGH TICKET. *cars, *atv's.... just to give some of you a few
ideas on how this can make you some real income.
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2: Making Money Through eBay Drop
Shipping!
The Concept
We are going to use arbitrage to make money on eBay. Arbitrage, is
the simultaneous sale and purchase of an asset in order to profit from
the difference in prices.
Example: We have a chair posted on eBay for $50. The exact same
chair is listed on Amazon for $20. When the chair is purchased from
our eBay account, we use $20 of the $50 we just received to purchase
the chair from Amazon and send it to our buyer. Our profit for the
transaction is $30.
How Much Money?
This guides goal is to have you making $200 your first month, $500
your second month and around $1000 your third month. I particularly
like this method because it returns fast results, you do not need any
previous internet marketing experience, and it requires NO initial
investments/ start up costs.
eBay's Policy
There is a lot of misconception regarding whether or not eBay allows
drop-shipping. I want to make it entirely clear that they do! Here's
what their TOS has to say about it:
"Product sourcing (sometimes called drop shipping) is one way to sell
items on eBay."
"Selling using a product sourcing service is allowed on eBay as long as
the seller can guarantee that the item will be delivered to the buyer
within 30 days of the end of the listing"
Amazon is also ok with dropshipping to your eBay customers as long
as you aren't using Amazon Prime's two day free shipping to do so.
Setting Things Up
To get started, you're going to want to go create an eBay, PayPal, and
Amazon account. Next, link both your eBay and Amazon accounts to
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Paypal.
At some point you'll also want to change your eBay name. It doesn't
really matter what you name your account.. Just try to make it
somewhat professional. (don't name it something stupid like
stonerreeferman or scamboy)
If you do not live in the United States: Find and register through your
countries eBay domain. Once you're registered, post three
items. After doing so, wait 48 hours and then log on through
eBay.com. Here's a list of the different eBay domains.
Finding Items To List
We're going to cut the time we spend on eBay (and difficulty) in half
by simply copying other users. Go to Amazon, type in Chair, and scroll
down until you find something you like that is over $35 (Amazon does
not charge shipping for items over $35). Grab the title, throw it into
eBay, and watch the listings appear.
Now, scroll down eBay until you find somebody that is pricing the item
significantly higher then it is listed for on Amazon (you're looking for
dropshippers), and click on the lister's account.
From here, you can go to sold listings. You want to find any of his
items that have sold numerous times. Once you do: re-list the item.
If you search long enough, you'll begin to find awesome users that are
absolutely crushing it. Once you find five or six of them, you can just
check their accounts once a week, see what they're listing that is
selling, and copy copy copy.
Edit: Stay away from electronics. People that buy electronics are savvy
and usually cross check before purchasing. Don't waste your time.
Listing Items
Now that you've found some high quality items, it's time to put them
up for sale. Click "sell", followed by "sell it myself" and type in a
description of your item so that eBay can select a category for you. For
instance, if the item you have selected is a Winsome Wood Windsor
Dining Room Chair, you would simply type in dining room chair.
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Once eBay has selected your category, it's time to list your item. Here
are the settings you should be listing under:
Condition: New
List As: Fixed Price
Listing Duration: 30 Days
Shipping: Standard: UPS Ground (1-6 days business days)
International Shipping: No International Shipping
Handling Time: 3 Business Days
Returns: Returns Accepted
Once those are in place you will be left with Title, Photos, Details, and
Starting Price.
Photos: You're going to want to take your photos from the EBAY
listing. If you begin grabbing photos from Amazon some of the photos
won't meet eBay's sizing requirements.
Details: You can pretty much take this straight from Amazon.
Definitely change the wording so that other drop shippers cannot find
your account and copy you.
Starting Price: This is going to take some feeling out. The more you
price things, the better you will get at pricing them.
eBay and PayPal fees combined take 13% of your sale and I shoot for
a profit margin of 8+ dollars.
Example: I find a chair on Amazon for $40. I would multiply $56 (my
selling price) by .13 (percent taken out). This gives me 7.28.
$56-$7.28-$40= $8.72
SO: If I sell the item at $56 I would, after eBay and PayPal fees, make
a profit of eight dollars and seventy two cents. However, $56 SOUNDS
high to me. Therefore, I would sell the chair at $55.23 ($8.05 profit)..
and i'd sell it at that price all day long. You're going to have to practice
pricing things so that you get a feel for them, but your goal is to
undercut people, keep the numbers low ($55.23= low numbers), and
still make a profit margin of around eight dollars per sale. If you can
consistently sell five things a day at an eight dollar profit margin, you'll
walk with $1200 a month.
Lastly, Titles: If you want to make a lot of money very quickly on
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eBay, create fantastic titles. They are the most important component
of your listing.
If you have good enough titles, you could sell an item that is listed for
$60 on eBay for $120.
In your titles:
-Leave as few characters unused as possible.
-The beginning should accurately describe the item
-The rest should be adjectives. Example for chair: Comfy, High
Quality, Leather.. etc.
-Stay away from brand names (you don't want people to type in the
brand name and see it on amazon at a lower price)
Listing Cycles
All of your listed items are on a thirty day listing cycle. If an item sells,
you can re-list it and restart it's cycle. We've set our accounts up like
this so that you can replace items that do not sell. Assuming you stick
at this, you will eventually have an item pool full of "best sellers".
eBay Limits
When you're first starting off, eBay is going to hit you with some
account limits. They will slow down the process, but there is a smart
way of dealing with them.
How do the limits work?
New accounts start with a limit of 100 items. Once you have had 100
items listed for thirty days, you can call eBay and they will boost your
limits by 200%.
Here is a breakdown of your limits for the first six months as an eBay
seller:
Month 1: 100
Month 2: 200
Month 3: 400
Month 4: 800
Month 5: 1600
Month 6: 3200
Every time you call eBay you tell them that you are a wholesaler with
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a lot of inventory coming in, and ask them to upgrade you to the level
above their standard limit raise. When you hit 100, ask them to raise
you to 400. If they say no, call them when you get to 200 and ask for
800.
Customer Service
The last, big area that I'm going to mention in this guide is customer
service. If you answer people quickly and professionally, you will make
a killing in this business. If you take several days to get back to
people, and aren't on top of your game customer service wise, you're
going to miss out on a ton of great feedback, and even better sales. I
recommend getting the official eBay app on your cell phone. Be
accessible.. and good luck :)
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3: The Slightly Unethical Bait and
Switch!
Everyday millions of Americans are browsing classifieds, Facebook
groups, and online message boards in search of ways to make money
from home. This method involves you giving them a way to do just
that, a job offer E-mail submit scheme.
Step 1: Essentially, people sign up on the site you send them to do
surveys and you get paid. I suggest you use Adwork Media as they
always have some that pay near 2$ per signup. Go to and set up an
account and choose your offer(s) Adworkmedia.com
The “take surveys from home” is still a good offer. Yes, you see it all
over Facebook but those people are just spamming and making the
whole thing look illegitimate; however, they still convert like a charm
and people are willing to sign up for these offers for some reason. You
can get between 10% and 20% conversion rate. On Adwork the
highest paying offers are usually choice survey group.
Step 2: Now this is the fun/slightly unethical part. You need to find a
place to post your job offers. There are many options. FaceBook Is
ubiquitous but it is by far not the only one. Facebook buy sell groups,
“Now Hiring”, Craiglist….Reddit, and other boards.
Your ad Copy should look something like this
Survey Takers Needed $10-20 Per Survey!!
I am looking for some people who would be willing to take
surveys online. The pay is between 10 and 20 dollars per
survey and they take about ten minutes to complete. You must
be willing to be honest, and have a good understanding of the
English language.
You can also be more…unethical and pretend you are filling a fulltime
position and post in general “hiring” platforms. This is very tantalizing
to people because now they feel like they can make real money doing
this.
Step 4: Prepare to be flooded with E-mails and responses. Reply back
to them. Depending on which method you take, either tell them that
there are still some spots available on a first come first serve basis and
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go ahead and send them the link to the offer. Or pretend that
someone else has been chosen for the full time position but invite
them to sign up using your affiliate link and tell them that you will
monitor their activity and see if they can be hired on later. Add that
they will be paid for the surveys they do take in the meanwhile. Their
continued activity on the site(s) will solidify you as a good affiliate.
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4: Lazy Dropshipping
You will search and sell products that are out of stock on Amazon
using…Amazon as, so we do not have to make the product sheet /
images, and most importantly, we have products with comments
already existing.
Step 1: You’ll need the following:
- An amazon seller account, you can create one for FREE. Just choose
"Sell as an Individual", so you don't have to pay anything.
That's all you need.
Step 2: Finding Items to Sell
When you have your account verified, we can proceed to the product
research.
Step 1 : Open google.com
Step 2 : Type: site:amazon.com + "We don't know when or if
this item will be back in stock. " + "See all * customer reviews"
Step 3: Replace the "*" in the sentence above by a random
number (10-100), it will correspond to the number of comments
for the product on amazon.
Step 4: Click on a product page and start searching for suppliers
for the product in question.
Step 3: The method for finding a supplier
Take the 3 most words from the product title and I google for
ecommerce sites that would sell the same product. If I do not find one
right away, use google image and again, I look for a seller. Still no
success? Try marketplaces like cdiscount, aliexpress (if you are
desperate)
If you still haven't found it, go back to step 4 and find another
product.
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