Make Money Playing Online Games
Computer games have come a long way since the likes of Pacman and Space Invaders. With the continued proliferation of the Internet online games now have become the latest gaming craze. The ability to play against and with real human beings from around the world is for a lot of people more attractive than playing against the computer itself.
Massively Multiplayer Online Role Playing Games (MMORPG) are played by millions of people around the world. Games such as Second Life and World of Warcraft offer almost unlimited game play and possibility for the games player. They also offer lots of opportunities for the online entrepreneur to make real world money. Some people even make a full time living from these MMORPG games!
As the MMORPG games are still a new concept and attracting new players every day now is a great time to learn how to make money from them.
Also included in this section are details of online gambling. Although making money through these sites involves a lot of luck there are ways to improve your chances of winning.
Sunday, August 31, 2008
Start your own eBay Consignment Business
Start your own eBay Consignment Business
The Internet has created a way for anyone with a digital camera to make money by uploading pictures to Stock Photography websites.
Firstly a definition of what eBay “Consignment selling” is. Basically it involves taking advantage of the fact that there are millions of people out there who have stuff they want to sell on eBay but don’t know how, aren’t confident in doing the eBay process or just don’t have the time required to list and process both a eBay Sale and manage a eBay account. Remember there are many people for which the Internet is a bit of a mystery so the thought of using it to sell unwanted junk is a daunting prospect.
So you get the item or items from your customer and list them up on eBay and if sold organise its delivery to the buyer. You take an agreed percentage of the selling price and pass the rest of the money back to the originator. If it doesn’t sell you just return the item so the only thing you lose is the time taken to list and promote the item. It’s from a financial point of view risk free!
How to Start your own eBay Consignment Business
The easiest way to start is to ask family and friends for any things they want to sell for money and get used to managing the whole process. Everyone must have several things that they will never use again and will be happy to get some money for.
When you’re ready you can advertise in local papers, local notice boards etc. You want your customers to be reasonably local, as you don’t want to travel to far to pick the item up. As you build your eBay consignment business up previous satisfied will provide return business whilst also spreading the word to their family and friends.
What percentage should you charge whilst consignment selling?
Usually you’ll take somewhere between 15-30% of the sale price. You’ll adapt this as you get experience of consignment selling. If you select to lower a percentage you won’t earn enough money to make it worth your while. Choose to higher a percentage and people will be less likely to let you sell their stuff.
The Internet has created a way for anyone with a digital camera to make money by uploading pictures to Stock Photography websites.
Firstly a definition of what eBay “Consignment selling” is. Basically it involves taking advantage of the fact that there are millions of people out there who have stuff they want to sell on eBay but don’t know how, aren’t confident in doing the eBay process or just don’t have the time required to list and process both a eBay Sale and manage a eBay account. Remember there are many people for which the Internet is a bit of a mystery so the thought of using it to sell unwanted junk is a daunting prospect.
So you get the item or items from your customer and list them up on eBay and if sold organise its delivery to the buyer. You take an agreed percentage of the selling price and pass the rest of the money back to the originator. If it doesn’t sell you just return the item so the only thing you lose is the time taken to list and promote the item. It’s from a financial point of view risk free!
How to Start your own eBay Consignment Business
The easiest way to start is to ask family and friends for any things they want to sell for money and get used to managing the whole process. Everyone must have several things that they will never use again and will be happy to get some money for.
When you’re ready you can advertise in local papers, local notice boards etc. You want your customers to be reasonably local, as you don’t want to travel to far to pick the item up. As you build your eBay consignment business up previous satisfied will provide return business whilst also spreading the word to their family and friends.
What percentage should you charge whilst consignment selling?
Usually you’ll take somewhere between 15-30% of the sale price. You’ll adapt this as you get experience of consignment selling. If you select to lower a percentage you won’t earn enough money to make it worth your while. Choose to higher a percentage and people will be less likely to let you sell their stuff.
Buy and Sell Vintage Books on ebay
Buy and Sell Vintage Books on ebay
Some people make a living by selling vintage books on ebay that they’ve bought on ebay!
The buying of goods on ebay to sell on ebay is called ebay arbitrage. Entrepreneurs are able to buy and sell vintage books on ebay due to the fact that so many people sell old books without having an idea of their true value. This results in very valuable antique books being sold on ebay for a few dollars and being sold by the purchaser for hundreds of dollars sometimes all in the same day!
If you want to buy and sell vintage books on ebay you must have a good knowledge of the subject and it is best to specialize at first (i.e. focusing on books of one certain genre).
Some things to bear in mind when deciding whether a book is vintage or not are :-
Is the book a First Edition?
First editions of a book bring a great higher value than subsequent editions.
Is the book out-of -print?
A book that is out-of-print will generally bring in more money than one that is still in production.
Is the book a hardback?
A hardback will usually make the book more valuable than a paperback.
Is the book in good condition?
As with all antiques the better the condition the more value it has. Ask the seller for a picture of the book if they don’t show one.
Who wrote the book?
Look at other auctions of vintage books and see which authors are currently in fashion.
As with learning to sell all things on ebay if you want to buy and sell vintage books on ebay and make money you must RESEARCH your subject. Do some general search engine research and follow auctions on ebay to see which books are making good money.
Some people make a living by selling vintage books on ebay that they’ve bought on ebay!
The buying of goods on ebay to sell on ebay is called ebay arbitrage. Entrepreneurs are able to buy and sell vintage books on ebay due to the fact that so many people sell old books without having an idea of their true value. This results in very valuable antique books being sold on ebay for a few dollars and being sold by the purchaser for hundreds of dollars sometimes all in the same day!
If you want to buy and sell vintage books on ebay you must have a good knowledge of the subject and it is best to specialize at first (i.e. focusing on books of one certain genre).
Some things to bear in mind when deciding whether a book is vintage or not are :-
Is the book a First Edition?
First editions of a book bring a great higher value than subsequent editions.
Is the book out-of -print?
A book that is out-of-print will generally bring in more money than one that is still in production.
Is the book a hardback?
A hardback will usually make the book more valuable than a paperback.
Is the book in good condition?
As with all antiques the better the condition the more value it has. Ask the seller for a picture of the book if they don’t show one.
Who wrote the book?
Look at other auctions of vintage books and see which authors are currently in fashion.
As with learning to sell all things on ebay if you want to buy and sell vintage books on ebay and make money you must RESEARCH your subject. Do some general search engine research and follow auctions on ebay to see which books are making good money.
Using Dropshippers with ebay
Using Dropshippers with ebay
Dropshippers are used by entrepreneurs who want to sell a product but don’t want to keep their own stock or perform delivery. The whole delivery process is performed via the ‘dropshipper’. The entrepreneur after making the sale will contact the dropshipper with the delivery details of the end customer. The dropshipper will then deliver the product to the customer.
Example of using dropshippers with ebay.
You’ve seen a market to sell Gold Watches via ebay and found a dropshipper that offers a good quality Gold Watch at a price that you think you can make a profit on.
You set it up on eBay with a starting bid of $70 with $7 postage and packaging. Someone buys it and you receive the money via PayPal.
You pass on the buyers details via email to the distributor (dropshipper). The distributor then packages up the watch and puts your shipping label on the package and then sends it via recorded courier to the address of the customer you provided in the email.
You are then billed via the distributor for the wholesale price of the gold watch that is $50 plus $7 for postage and packaging.
You have made a net profit of $20 for setting up an auction on eBay and sending the distributor an email!
You don’t have the risk of having unsold stock as you only purchase from the dropshipper after you’ve made a sale and received payment.
ebay Wholesaler
ebay Wholesaler
After you have cleared the garage / cellar etc. Finding stuff to sell on ebay can be become hard and time consuming work.
You could trawl through garage sales and charity shops but this takes time and can be hit and miss unless you really know what you’re looking for.
The way many ebay powersellers turn their money making hobby into a full blown ebay business is to buy at wholesale prices and sell at retail.
The great thing is that you can do all your ebay wholesaler research at home on the Internet.
First you can search the Internet for details of what products are available from various wholesalers at which prices. You can compare prices and whether the wholesaler will dropship the product etc. Just as importantly once you’ve found a product or products that your interested in you can check to see how much they’re being sold for on ebay and other places on the Internet. That way you can maximise your chances of making a healthy profit.
This use of the Internet to research products and their market makes the whole process extremely fluid and flexible increasing chances of success.
People who make money on ebay using wholesalers aren’t doing anything new. They’re doing what people have done since the advent of currency, buying products at one price putting their mark up on them and selling them at a healthy profit. The benefit of doing this on ebay is that you don’t need a shop or a website. Ebay acts as a front to your business and does so for free (ok they take a percentage of any sale but they don’t actually charge you for shop space – no sale no fee).
It will involve a fair bit of work to start with but as time goes by and you build up relationships with good reliable wholesalers whilst ditching the duds the whole process will become streamlined.
It’s important to work out the product life cycle of what you are selling so you can move from a product coming to the end of it’s profitability to the next ‘best thing’ in good time to keep the profits up. Again the Internet will assist you in this market research. Just keeping an eye on what other people are selling on ebay at which prices is a good way to gauge at what stage of its profitable life a product is.
After you have cleared the garage / cellar etc. Finding stuff to sell on ebay can be become hard and time consuming work.
You could trawl through garage sales and charity shops but this takes time and can be hit and miss unless you really know what you’re looking for.
The way many ebay powersellers turn their money making hobby into a full blown ebay business is to buy at wholesale prices and sell at retail.
The great thing is that you can do all your ebay wholesaler research at home on the Internet.
First you can search the Internet for details of what products are available from various wholesalers at which prices. You can compare prices and whether the wholesaler will dropship the product etc. Just as importantly once you’ve found a product or products that your interested in you can check to see how much they’re being sold for on ebay and other places on the Internet. That way you can maximise your chances of making a healthy profit.
This use of the Internet to research products and their market makes the whole process extremely fluid and flexible increasing chances of success.
People who make money on ebay using wholesalers aren’t doing anything new. They’re doing what people have done since the advent of currency, buying products at one price putting their mark up on them and selling them at a healthy profit. The benefit of doing this on ebay is that you don’t need a shop or a website. Ebay acts as a front to your business and does so for free (ok they take a percentage of any sale but they don’t actually charge you for shop space – no sale no fee).
It will involve a fair bit of work to start with but as time goes by and you build up relationships with good reliable wholesalers whilst ditching the duds the whole process will become streamlined.
It’s important to work out the product life cycle of what you are selling so you can move from a product coming to the end of it’s profitability to the next ‘best thing’ in good time to keep the profits up. Again the Internet will assist you in this market research. Just keeping an eye on what other people are selling on ebay at which prices is a good way to gauge at what stage of its profitable life a product is.
So the way to be profitable with ebay wholesale is RESEARCH, RESEARCH and more RESEARCH !!
Friday, August 29, 2008
How to Make Money on ebay
Now I’m sure you’ve heard of the phenomenon that is ebay. This online service allows millions of people across the world to buy and sell goods in a giant online auction house.
Many people make money on ebay by selling unwanted items. Old CDs, games, toys etc. that are no longer wanted by one person are desired by another. That’s fundamentally why eBay has been such a success.
However some people have gone further and make a living by buying stuff (from flea markets, yard / garage sales) and selling it on ebay at a profit.
Some of the really clever people out there do this by buying stuff on ebay and selling it back on ebay for a profit!! This is called ebay arbitrage. For this to work you need an expertise in a genre enough to see when a product is worth a lot of money but isn’t attracting a lot of bid attention (usually due to poor presentation, marketing or being put in the wrong ebay category). Once purchased at (what you know) to be a bargain price you place it on ebay yourself. This time however you place it in the right category, present it superbly and market it successfully and make a great big profit.
Think you don’t have the expertise? You’d be surprised. Look on ebay and see what sort of things they sell. There’s bound to be something that you have a knowledge of through work or hobbies. With some research you’ll soon learn to spot a bargain in your area and as time goes on you’ll become more and more of an ‘ebay expert’ in your field and this is when the cash will start to role in.
What you will need to find is a reasonable niche. You won’t make much money if enter a highly popular and competitive field. The people who make good money from ebay are people who specialise in niche products where competition isn’t high.
It is estimated that 80,000 people make a living from ebay in the US alone!
Many people make money on ebay by selling unwanted items. Old CDs, games, toys etc. that are no longer wanted by one person are desired by another. That’s fundamentally why eBay has been such a success.
However some people have gone further and make a living by buying stuff (from flea markets, yard / garage sales) and selling it on ebay at a profit.
Some of the really clever people out there do this by buying stuff on ebay and selling it back on ebay for a profit!! This is called ebay arbitrage. For this to work you need an expertise in a genre enough to see when a product is worth a lot of money but isn’t attracting a lot of bid attention (usually due to poor presentation, marketing or being put in the wrong ebay category). Once purchased at (what you know) to be a bargain price you place it on ebay yourself. This time however you place it in the right category, present it superbly and market it successfully and make a great big profit.
Think you don’t have the expertise? You’d be surprised. Look on ebay and see what sort of things they sell. There’s bound to be something that you have a knowledge of through work or hobbies. With some research you’ll soon learn to spot a bargain in your area and as time goes on you’ll become more and more of an ‘ebay expert’ in your field and this is when the cash will start to role in.
What you will need to find is a reasonable niche. You won’t make much money if enter a highly popular and competitive field. The people who make good money from ebay are people who specialise in niche products where competition isn’t high.
It is estimated that 80,000 people make a living from ebay in the US alone!
Beginners Guide to FOREX
What is FOREX?
FOREX (FOReign EXchange market) is an International exchange market where currencies are bought and sold.
How does FOREX work?
In almost every time zone around the world there are dealers who will quote major currencies. In general investors will aim to buy the currency believing it will rise in value against other currencies in the near future when they will sell at a (hopefully) profit. This is called a “Long Trade”. Alternatively a trader could try to profit on a “Short Trade” where they would sell high and buy low betting that the currency is about to fall in value.
Leverage is where the trader trades with borrowed capital so they can afford the lot (minimum unit for a transaction). The Trader can trade with lots (at usually 100,000 of the base currency, or 10,000 for a mini lot). The trader however will only have to put a deposit of usually between 1 – 4% to secure this lot for trading. This deposit is called the margin.
Most brokers will offer you leverage of 100:1 (but there are higher leverages available 200:1, 300:1 etc.). A100:1 leverage means that with you control 100 times your margin. For example with $1,000 you control $100,000 of currency. You don’t actually control $100,000 but you make and lose money as if you do. Therefore small changes in the currency value have a bigger impact on how much you make (or lose).
This means you can make (and lose!) large sums quickly although you can only lose the margin you put in ($1000 in this example)
For example you deposit $1000 dollars with leverage of 100:1 giving you control of $100,000. You believe the value of the British Pound will rise so you risk the full amount. Ten minutes later the Pound increases in value against the US dollar by 1%. If you sell at that moment you have made $1000. Not bad for 5 minutes work! Of course you could get it wrong and the Pound could drop in value by 1% and you’d lose your $1000!!
FOREX trading is a great example of a moneymaking opportunity that he Internet has opened up to everyone. You can start with a reasonably small deposit and a computer with an Internet connection. Great profits can be made but great losses can be made too all in quick time!
If you want to start in the FOREX world do lots of research and use the online demos that are available on many sites.
FOREX (FOReign EXchange market) is an International exchange market where currencies are bought and sold.
How does FOREX work?
In almost every time zone around the world there are dealers who will quote major currencies. In general investors will aim to buy the currency believing it will rise in value against other currencies in the near future when they will sell at a (hopefully) profit. This is called a “Long Trade”. Alternatively a trader could try to profit on a “Short Trade” where they would sell high and buy low betting that the currency is about to fall in value.
Leverage is where the trader trades with borrowed capital so they can afford the lot (minimum unit for a transaction). The Trader can trade with lots (at usually 100,000 of the base currency, or 10,000 for a mini lot). The trader however will only have to put a deposit of usually between 1 – 4% to secure this lot for trading. This deposit is called the margin.
Most brokers will offer you leverage of 100:1 (but there are higher leverages available 200:1, 300:1 etc.). A100:1 leverage means that with you control 100 times your margin. For example with $1,000 you control $100,000 of currency. You don’t actually control $100,000 but you make and lose money as if you do. Therefore small changes in the currency value have a bigger impact on how much you make (or lose).
This means you can make (and lose!) large sums quickly although you can only lose the margin you put in ($1000 in this example)
For example you deposit $1000 dollars with leverage of 100:1 giving you control of $100,000. You believe the value of the British Pound will rise so you risk the full amount. Ten minutes later the Pound increases in value against the US dollar by 1%. If you sell at that moment you have made $1000. Not bad for 5 minutes work! Of course you could get it wrong and the Pound could drop in value by 1% and you’d lose your $1000!!
FOREX trading is a great example of a moneymaking opportunity that he Internet has opened up to everyone. You can start with a reasonably small deposit and a computer with an Internet connection. Great profits can be made but great losses can be made too all in quick time!
If you want to start in the FOREX world do lots of research and use the online demos that are available on many sites.
How to Make Money with Currency Exchange
How to Make Money with Currency Exchange
Making money with currency exchange is the perfect example of how the Internet has managed to open up to everyone money making opportunities that were the preserve of experts or ‘gurus’ pre Internet.
Now if you want to make money with currency exchange from your own home you only need a good command of the English language, an Internet connection and less than 30 minutes of your time a day.
The fact that the transfer of money is all done electronically means it makes no difference if you live in the USA, Europe, Asia or even an igloo in the North Pole! This opportunity to make money using this method is truly global.
Gary Jezorski has opened up this way of making money from home to people like you and me with his ‘Currency exchange video training system’ which will take you step by step through the process and get you trading and earning money in under an hour! Gary and his team also offer one-on-one support via phone or email.
The thing that really makes this scheme stand out is the guarantee that Gary offers.
Gary is so confident of the scheme that he guarantees you will double your account value in 45 days!
If you don’t Gary will happily refund DOUBLE your purchase price!!!!!
Try and find another home business scheme that offers that sort of gilt-edged guarantee!
To find out more about this opportunity click the link below where Gary goes into more detail about how it works.
Click here if you want to learn how YOU can make money with currency exchange.
Making money with currency exchange is the perfect example of how the Internet has managed to open up to everyone money making opportunities that were the preserve of experts or ‘gurus’ pre Internet.
Now if you want to make money with currency exchange from your own home you only need a good command of the English language, an Internet connection and less than 30 minutes of your time a day.
The fact that the transfer of money is all done electronically means it makes no difference if you live in the USA, Europe, Asia or even an igloo in the North Pole! This opportunity to make money using this method is truly global.
Gary Jezorski has opened up this way of making money from home to people like you and me with his ‘Currency exchange video training system’ which will take you step by step through the process and get you trading and earning money in under an hour! Gary and his team also offer one-on-one support via phone or email.
The thing that really makes this scheme stand out is the guarantee that Gary offers.
Gary is so confident of the scheme that he guarantees you will double your account value in 45 days!
If you don’t Gary will happily refund DOUBLE your purchase price!!!!!
Try and find another home business scheme that offers that sort of gilt-edged guarantee!
To find out more about this opportunity click the link below where Gary goes into more detail about how it works.
Click here if you want to learn how YOU can make money with currency exchange.
Online Surveys
How YOU can Make Money from Completing Paid Surveys
How Paid Surveys work.
In the United States alone, companies spend over 250 Billion dollars a year trying to convince consumers to buy their products and services.
And while the majority of it is spent on advertising, $766 million dollars is devoted to "market research".
Understanding how people think and shop, why they buy certain products, etc. ultimately helps companies improve their products and services and make THEM more money.
Knowing this, and that they won't get our help for free, companies are willing to pay people like you and me good money - up to $150 an hour! - for our opinions, because when the dust settles they know they will come out ahead and generate even more profits for themselves.
As a matter of fact, there are currently over 7 million companies worldwide that actively survey consumers to find the best way to promote their products.
In the United States alone, companies spend over 250 Billion dollars a year trying to convince consumers to buy their products and services.
And while the majority of it is spent on advertising, $766 million dollars is devoted to "market research".
Understanding how people think and shop, why they buy certain products, etc. ultimately helps companies improve their products and services and make THEM more money.
Knowing this, and that they won't get our help for free, companies are willing to pay people like you and me good money - up to $150 an hour! - for our opinions, because when the dust settles they know they will come out ahead and generate even more profits for themselves.
As a matter of fact, there are currently over 7 million companies worldwide that actively survey consumers to find the best way to promote their products.
What are surveys?
Surveys are questionnaires designed to inform companies about what people like you think about their products and services. They can be done online or over the phone. The answers from the participants are then compiled by market researchers and used to make important decisions about product design and advertising campaigns.
What are focus groups?
Focus groups are a marketing research technique in which a group of people (usually about 10) are led through a discussion of a particular product or service by a trained moderator. They can be conducted in person, online, or over the phone. Focus groups are designed to give a company a better idea of how consumers perceive a particular product or service.
On the average, if you just do about 1 survey a day and a company pays you $20 for each, that is:
Just 1 survey a day @ $20 each = $600 a month.
Just 4 focus groups a month @ $150 each = $600 a month.
So if you're retired, a stay-at-home mom, student or anyone else looking to make extra cash completing paid online surveys are a fantastic way of making great money. You won't become a millionaire with surveys, but the opportunity is very exciting -- even for people who already have a full-time job.
Below are our recommended online paid survey sites. There are many paid survey sites out there but the two below offer the best opportunity's along with value and customer support.
SurveyScout is the number one online survey site. It's not hard to see why. It currently has 488 companies signed up with them willing to pay for your opinion.
It's one of the few companies where the surveys are not just limited to the United States, there are surveys for everyone.
With a six week money back guarantee you have a no risk opportunity to try this out.
Plus SurveyScout currently have a bonus instant $25 survey for new registrants.
Click Here for further information.
Market Factor were recently ranked number one paid survey site by the independent consumer review.
As they are a market research company themselves, they have a great grounding and reputation in the industry. Membership also includes access to their partner base of mystery shopping employers.
Click here for more information.
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