Posts Tagged ‘Niche’

You’ve decided that you want to give up that 9 to 5 and be your own boss. You’ve decided on your niche and done some research into it. What do you need to do next? Source a product to bring in some money.

There are many websites out there that are legitimate, enabling you to build a substantial business and earn money working from home on the Internet. You could be answering questionnaires for 20 each, reading transcripts of books prior to being published, writing articles. However, there are others, generically called get rich quick schemes. These schemes encourage you to spend money that you haven’t got with false promises on the returns on your investment. The people who run these schemes (scammers) prey on the nave or vulnerable and reel them in. Once, you are under their spell there is no letting go. Some, even ask you to pay money upfront stating that they’ll double even quadruple it for you!

The auction sites are the worst sites for these people to hide in and wait for their prey. You’ve probably all visited one at some time, searching for that special gift for a family member, friend or even yourself. The scammers advertise their merchandise, usually something that is a much sought after product. You see it and snap it up, pay, they get your money and you don’t get the goods. This happens time and time again.

Help is available though. The Better Business Bureau (bbb.org) and Federal Trade Commission (ftc.gov) are two organizations that are there to help you keep away from these fraudulent scams and check out the legitimate ones on the Internet to prevent you from losing you’re hard earned cash. They are encouraging people to complain to them about these scams. If you get caught up in one, no matter how much money is involved, you MUST report it and stop it from happening to some other unsuspecting person trying to look for an honest way to make a living online.

You owe it to yourself to check out the Companies or people that are advertising a scheme or goods. Do they have testimonials and are they real? Follow them up by contacting the people who have made the testimonials. Visit their sites and check them out through the Better Business Bureau and Federal Trade Commission.

Forums are a good place to get some help. They are full of valuable advice. You can read up on the benefits and pitfalls of schemes or ventures you are intending to embark on or perhaps you’d like to ask some specific questions. All of the members have had to start from somewhere and they will give you good, honest advice.

Ensure that you are aware of what is happening and beware of that email dropping into your inbox stating that you can get rich quick. There is no easy way to make money on the Internet, it takes a lot of time, effort, determination and hard work.

Remember:- If it looks to good to be true, it probably is.

CUTTING NEWS ! – Frank Thomas Joins Roadmap To Riches .. It’s official !

Todays home entrepreneur’s tips:

eBay (A subset of List Building)
eBay? Free Advertising?

Ok, so technically an auction listings cost 35 cents But one sale can easily make you a profit, and youre allowed to sell nine of the same product in one auction at that price So this is one exception Im going to keep in this book because its really BETTER than free, all things considered.
So where does the Advertising part come in?
Simply place an information package of some kind, even if its just an article on your niche, and sell that infoproduct in an extremely cheap auction listing. Most people sell these things for 1 penny, although the difference between 1 cent and 35 cents really isnt that much of a difference to the buyers looking for this information.
Naturally there are no other costs like shipping or insurance, because delivery is a simple digital download. Further advertising is up to you, and it is always a matter of just giving eBay some additional fees to make your listing stand out more. If your listing is profiting, try starting the next listing as a Gallery item for another 35 cents, and go up from there until youve reached a point of maximum returns.
Heres the great part about this tactic: The winner of the listings email address is automatically sent to you via email, through eBay itself. Sell a bunch of those info packets, and youve built yourself one of your industrys most targeted lists!
Dont feel too left out if you havent mentally joined these two concepts together before now. Not too many people have, unless they bought the secret from someone on eBay themselves.
The fact is that eBay already has the lions share of traffic, and more importantly, of people in the purchasing mindset. Compare this to Googles Traffic, which is composed of people in the researching mindset. Its not hard to imagine why serious marketers prefer eBays traffic to Googles Traffic!
Advertising on eBay is as simple as being there in the first place, using a few well-searched keywords. Finding those keywords isnt too difficult either; all you really have to do is search for expired listings and sort by the price. This way youll easily see which auctions recently got the most money in your niche, and then all you have to do is model your campaign like theirs, listing your product under the same category!
Drawbacks?
Although the Delivery Time and the Quality of the traffic is world class, the Quantity is not infinite It depends on your niche, of course, but the competition on eBay can be fierce as new auctions will be placed above older ones all the time. Still, with people happy to search keywords youve still got a good chance of being found even between the first day or the last few minutes of the auction.
Effectiveness in drawing a large amount of traffic all depends on how good your auctions sales copy is. Luckily, you can model your auction off others that have done well in the past.
Make no mistake about it; selling infoproducts on eBay is a world-class list-building strategy. Thats about all there is to it, but most people overlook this very powerful way of building your list because it seems too awkward, or they dont want to take the time to put an info-packet together.
If you sell a product online, then youve got to face the fact eventually that this is some of the most targeted, buyer-frenzied traffic that exists. If youre not using this tactic, then youll not only be depriving your business of a constant stream of better-than-free advertising, but youll also be missing out on a large source of clients that you arent likely to be able to reach otherwise.
The fact is that everybody eBays nowadays. Thats why I can use eBay as a verb! In fact Ive seen a statistic recently that showed 14 of every 100 spent online, worldwide, is spent through eBay now, and this number is still growing! It is clearly the single biggest mover of money on the planet.
People from ALL walks of life can be found there, right when they have their credit cards in hand looking to spend I dont even know of another source of traffic that comes close!
When used correctly, you can build up a niche market list on any topic with this technique, and reach an unprecedented 50% or more of that market over time.

Just another weapon you put up in your arsenal of “guerilla methods”.