So how do you Make Money. The simple truth is that there are numerous ways to make money on-line, but to be truly successful you have to do it in multiple different ways.

I sure that you have all heard the phase “Don’t keep all of your eggs in one basket” well that holds true for internet marketing as well. It is common sense not to concentrate in one area to make money. If you do, then should that area ever dry up your sole source of making money will be gone.

To make money consistently and safely you need to spread your endeavours wider in many different areas. See my article “The Plate spinner’s guide”

Let’s look at some ideas of how you can effectively make money

MAKING MONEY Basics

(1) Make money on eBay
If you are having difficulty getting traffic then eBay is a good place to start because the traffic is already there to start with. Millions of people shop and make money on eBay everyday.

Avoid the common mistakes. To make money on eBay you need to maximise the profits that you make from the sale. So “How do I do that?” I hear you ask. Well the answer rather depends on what you are selling.

If you are selling physical products then the first thing you need to do is learn how to buy (or manufacture) low and sell high.

You can actually make as much money (if not more) with a good auction listing for a second hand item than you can with a brand new one. The trick here is all about sourcing the item you are selling for the right price in the first place and then presenting it in the right way in your auction.
You can use software with you can buy called “Auction snipers” which effectively make you bid at the last possible moment, thus securing you the best deal possible. Alternately you can opt to do it manually. eBay will tell you via a search which auctions are about the complete. It is then just a matter of going to that item and bidding yourself. You can do it but the split second timing here is obviously more difficult doing it manually.
Now we get to presentation. If you want to make money on eBay then it is not enough just to secure the item you want to sell at the right (low) price.
You also have to present it in the best possible light. It is vitally important that you get the title right for the item you want to make money with. Let’s look at the following example:

Ipod Nano 4GB
New Apple Ipod Nano 4GB Black MP3 Player (I Pod 4 GB)
You will find an awful lot of adverts on eBay in the first format, and that’s good – for you that is, because when people list there auction like this they are not going to rate very well in a search on eBay.
On the other hand if you have an Ipod for sale and use the second type of title then you will rate very well on a search because you have more search terms in your title. If you adopt this type of approach on eBay for making money then you will get approximately 5 times the amount of traffic than the title in the first listing. That’s 5 times the number of bidders.

(2) Make money with On-line Surveys
I have to be honest here; I have mixed feelings about on-line surveys mainly because I have heard good and bad reports as to the ultimate outcome of the experience.  So I’m not recommending them but I’m not saying they are not good either. My advice here would be that if you want to give them a try then there are a lot of them out there but do so with some caution. Remember, the bottom line is “Time is money” and if you are spending a lot of time doing surveys for little or no return then it is not a very effective way to make money.

(3) Make money with your version of a bootsale
I’m sure you have all been to Bootsales. You occasionally find some good items there but most of the time it’s just rubbish – or is it? The point is that what one person decides is rubbish another might consider it a treasured find. Sort out all of those old or unused items that you have cluttering up your loft and spare room. Spruce them up a little to present them in their best light in a photograph and get them in an auction on eBay. You might be pleasantly surprised at the results.
I actually read that an old television remote control was sold on eBay recently for $55. This was a remote control that would otherwise have been thrown away. You see you never can tell.

(4) Make money by recommendation
There are numerous service providers that either pay you or reduce your own subscription if you promote their service to other people. These could be your family, friends, or colleagues. You are subscribing to it anyway so it is not as if you would be recommending anything that you do not believe in personally.
Some examples of making money in this way are

• Recommend a friend to the Alliance Leicester and get £50   Alliance and Leicester

• Recommend a friend to Standard life Healthcare and get £50   Standard life healthcare

• Recommend a friend to Sky TV and either get a free Sky Plus box or £50 in M&S vouchers Sky.com

• Recommend a friend to T-Mobile and you get £50 to share with your friend and you also get free calls for 3 months www.t-mobile.co.uk

• Recommend a friend to Next and get £20 (and your friend gets £15) after than for every friend you recommend you get another £20 up to a maximum of £60 and after than for every recommendation you get £20 credit www.next.co.uk

• Recommend a friend, colleague, or relative to Fashion and retail Personnel and when they place them into a new permanent position you’ll get £200’s worth of vouchers for a store of your choice. If they’re placed into any kind of temporary position that lasts more than 3 months, you’ll receive £50’s worth of vouchers. www.fashionpersonnel.co.uk

These are just the tip of the iceberg. There are hundreds of these types of offers out there.

(5)  Make money with Unclaimed Benefits
Ok so you will not actually make money here but you could recover money that you are legitimately entitled to. You might be surprised to learn that there is more than £8 billion in unclaimed benefits sitting in government bank accounts. Most of this more is tied up in pension credits, but there are unclaimed working tax credits, housing and council tax credits and even child tax credits. If there is the slightest possibility that you might be eligible then use the following websites
www.EntitledTo.co.uk to calculate what you should be receiving to see if you are eligible for further help. Simply enter details about your earnings, savings and tax expenses online; should you be entitled to more, visit the HM Revenue and Customs website, on how to claim.
(6) Make money using your blog
There are dozens of ways of making money with your blog, check out a few of the examples below:
Make money with Advertising

• Make Money with Adsense – The obvious first away to make money is text adverts. Adsense is free to join and easy to set-up.

• Make money with Banner and button ads around your content.

• Make money with Paid Reviews – charge companies or individuals to review their book, product or service. Check out www.apennyearned.co.uk

• Make money with Sponsorship – You can charge for sponsorship for all or part of your website. You will only be able to do this when your blog is receiving lots of traffic but you will usually get a fixed price agreement for a fixed period of time.

• Make money with Commission For Events Promotion – You could promote events in your industry or niche in exchange for a commission on leads that you generate.

• Make money with eBooks and or Software sales – you can sell these and they can be downloaded over the internet. You could also include research material, reports, music, video clips, etc. Go and check out Clickbank.com and you will find hundreds of downloadable products in all kinds of niches to make money from.

• Make money with your own physical products – This can be more effort than the download able product, but in many instances it can still be fully automated. You also have the added incentive here that a physical product will have a higher perceived value.

• Make money with Merchandising – If you have plenty of traffic coming to your site then this is a good option to go for. To sell branded merchandise you could try out CafePress.com

• Make money with Pay Per View – You could sell one-off access to a service you could offer – information, reports, white papers etc, www.cafepress.com

I hope this has given you some ideas on how to make money. We will have a look at more ways to make money tomorrow.
Regards
Ken Biddle

P.S. Dont forget to look at part 2 of this post  and if you have enjoyed them please re-tweet below and why not subscribe to my newsletter and get your free list building gifts. Many thanks