Earn Money Online: Simple Foolproof Recipe

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If you’re looking for an easy & quick way to get set up to earn money online, you can follow this recipe.

1. Browse eBay and pick a niche that is popular & has items that sell at decent prices. eBay pays you half of their fee, which is tied to the final sales price on most items. The exceptions would be eBay Motors items, real estate, businesses for sale, etc. where you’re dealing with tens of thousands of dollars as the sales price. The big ticket items have a different commission structure, and while you can definitely still make good money on them, I want to make sure you understand the 50% commission doesn’t apply in those cases.

That being said, one of the best ways to make money through eBay’s program is with the $25 for new signups that they pay you IF that new signup also BUYS an item.

Make sure it is a tightly focused niche - not just “antiques” but something like “antique quilts” or “early American antique furniture” - make sure it is pretty narrow but also large enough to have several hundred items for sale at a given time.

2. Once you’ve decided on your topic, come up with a domain name and register it. The name will cost you about 10 dollars. Think of a name that is keyword friendly, and using dashes is OK.

For example:

buy-antique-quilts.com

american-antique-furniture.com

2.  Get cheap website hosting for your site. This will cost between $5 and $10 per month depending on the hosting company you use and whether you pay yearly or monthly. I like Hostgator. Once you get to Hostgator, select “linux” hosting and go with the “hatchling” plan.

3. Join eBay’s affiliate program.

4. Buy BANS and follow the simple instructions for setting up your site. BANS (Build a Niche Site) is an easy website builder designed to create eBay affiliate websites in literally minutes. You can read a BANS review here.

5.  Rinse and repeat. Have fun earning money with eBay’s affiliate program!


My Online Income for March 2008

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I’m late posting this - taxes and all - but here is my online income for March 2008.

The total for March including e-book, affiliate, and AdSense income came out to $3624.35! I’m really happy and grateful for this and just want to show you that it is very possible to make a substantial income online. I’ve scaled back my work hours and taken more days off, so my average work time is probably just 3 hours a day.

I want you to be able to do this, too. I enjoy my freedom every day and feel lucky to have this online income. So read my blog to get ideas about how to earn money online.