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FOUR. Drop Ship It.
The thought of storing boxes and boxes of products at your house may have you running away from eBay. Thank goodness there is something called Drop Shipping. A drop shipper is a wholesaler who will sell you their products at near wholesale prices and ship them directly to your customer. World Wide Brands maintains a directory of wholesaler and drop shipping companies giving you access to over 2 million products to sell on eBay. The good news is that once you have access to your own products, you can now use first three methods to market them. Do you see power now? Maybe you used first two methods to market someone else's product. Now you can get a better profit margin by drop shipping your own products using these same methods.
FIVE. Write yourself rich.
The first 4 methods involved selling someone else's products for a commission or profit margin. If you want to make most money, you have to produce and sell your own products. An exceptional item to sell online is information. In particular, ebooks, software, audio and video products have incredible profit margins. But, you think, you have no writing skills. What are you to do? Easy, hire people to do work for you. This is an amazing way to leverage skills of someone else. Pretend you have an idea for a new software program. There is a site online called Rent a Coder where you can hire people to work for you. Depending on your product idea, you can get software coded for $100, $200, maybe even $300. Then product is yours to resell. You can keep 100% of profits. You can do same thing writing a book. Steve Manning offers a free course that will teach you how to write a book in as little as 14 days. I know that sounds to good to be true but it can be done. Most of Steve's students take longer than that on first book but many admit that they can do it faster by preparing better at beginning.
There you have it. The 5 best ways of making money online. It is now up to you to master one or more of these ideas. If you need more help getting started, you can download my 25 page ebook named "The Best Money Making Ideas" for no charge. Inside, I elaborate on each of 5 methods identified above.
Glen Jansen, the author of "The Best Money Making Ideas" free ebook, helps internet marketers and budding home business entrepreneurs find 5 of the easiest ways to make money online. Visit www.1st-in-earn-extra-income.com for more free information and money earning articles.