$1036 in 12-hours From Writing A Single ArticleWritten by Jeff Smith
Would it be worth it to master a technique that places power of generating a flood of consistent, highly targeted and rabid traffic squarely in your hands?As an online marketing professional, your time is valuable, and you need to focus on what works, that's exactly why this technique is so powerful. To be truthful, $1036 in 12-hours is an accomplishment I can happily say is not abnormal these days - what is nice about this example is that it was a Sunday (typically my slowest day for sales) while I was gone entire day to a local festival here in my hometown of Ottawa, Canada. Let me say, I do tend to still work for a few hours on weekends, but this Sunday, I didn't even check my mail until kids were fast asleep at 8:30 PM, exhausted by a combination of rides, music, jugglers, magicians and an unending diet of junk food - ahhhh...summer! My inbox was filled with orders for my own products and over $500 in affiliate sales - after about an hour of answering my mail, I decided on an early rest and hit sack. Today, I decided to check my statistics to find out where sales came from (tracking really IS important), only to find that an article I wrote last week and was picked up by a high traffic site (from a generic article directory) generated most of sales.
| | Play the eBay Arbitrage GameWritten by Dave Bromley
In heady financial world of Stock Markets and Currency Exchanges there is a technique known as Arbitrage. This is when you make a transaction in which you know you cannot lose. For example if £ is selling in London at $1.82.5 but selling in New York at $1.87 They will buy at lower price in London and immediately sell in New York for higher price. Of course they are dealing in millions of pounds but you can use same principle with your online auctions. You will need to apply same two factors that a currency exchange dealer or International trader uses, namely, knowledge and timing. If you can source items that are proven sellers at a price that provides you with a profit then you cannot lose either. What you need to find are items that are under priced and a niche market that wants them. Now for purposes of this article I am going to look at 3 sources to make your purchases. Off Line, Other online auctions and eBay itself. But before you do any buying you have to make sure that you have some knowledge of a specialised niche. This could be Toys cars, Zippo Lighters or any particular niche you have an interest in. You need knowledge both of items you are interested in and of current value of those items. For instance to most people a Zippo Lighter is a zippo lighter and one is very much same as another, but not to a collector, whilst one with a run of mill design may only be worth $10 another with a rarer design could be worth $200 or more for all we know. Obviously it can take years to gain a real in depth knowledge of a market. But just by reading a couple of books, getting some sellers price lists and visiting some specialist fairs and markets will set you above many in your field. Take every opportunity to actually handle items you are dealing in and of course monitor prices in your market. This alone will give you enough knowledge to set you apart from average seller. Offline flea markets, thrift shops and garage sales can be good hunting grounds and you can often spot a real bargain. You could also advertise in your local paper or community board letting people know that you are interested in buying whatever your specialisation is. But there is no need to leave your computer unless you want to. By using your knowledge and timing it is quite possible to build up a good business just buying and selling online. You can use arbitrage technique to buy and sell through eBay and other online auctions. Generally it is a fact that more people who view an auction higher final selling price will be. And for this reason alone it means that bargains can be found in smaller auction sites. Quite often you can make a handsome profit by buying from one auction site, relisting on eBay and just watching bids come in.
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