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How To Make Money Selling Products

You can either create a new (your own) product, or working with an existing product.

If you want to create your own product, you could consider:
  • E-Books (you need to be able to write reasonably well - or get somebody to do it for you)
  • Private Sites (you need to be able to write reasonably well and most likely update your work regularly - or get somebody to do it for you)
  • Software (you need to be develop software - or get somebody to do it for you)
If you don't want to spend time creating your own product, look at:
  • Items that you purchase from a wholesaler and resell at a profit.
  • Items that you purchase from a Drop Shipper. A Drop Ship distributor is a wholesale company that will ship a product directly to your customer for you. You can get find many listed in various dropping ship guides.

Advantages
  • Customers are purchasing from you - if they like the product you can offer them additional products/services and sell them those too, later.
  • No limit on the amount of sales that you can (potentially) make.

Disadvantages
  • Some initial investment of time/money required.
  • Customer Service - you need to devote at least part of your time to customer service (answering questions etc.)

Step-by-step Plan
  1. Get / Create The Products


  2. Set up Your Web Site

    You will need:



  3. Write Your Sales Letter

    "Copy Writing" is a combination of art and science. It is probably the single most important marketing skill you can learn, as without a good sales letter it is very hard to convince visitors to your web site to buy from you.

    There are many good copy writing guides. My suggestion would be to choose one that you like, buy it - and - most importantly - read it carefully:

    You can find copywriting resources (both online and offline) here:



  4. Get Ready To Accept Online Payments

    You must be able to accept online payments, especially payment by credit card.

    • If you wish to sell products delivered over the Internet (such as downloads), you might want to look at ClickBank. They act as a retailer, integrate into your website, and offer an affordable and flexible system.

    • If you need to charge a monthly or periodic fee (e.g. a subscription) you might want to look at Verotel.

    • If you want your own merchant account and are in the USA (this may be the best option if you know you are going to be dealing with a large volume or have already got an established business) go to Electronic Transfer, Inc..

    • More information about accepting payments online can be found here.


  5. Marketing Your Site

    Read the rest of this site.

    Review the following free information sites:


    Consider purchasing (and reading and following the ideas) in one or more of these courses:



 
Disclaimer: All business involves risk. Nobody can guarantee a new business will succeed or make money. Even if an idea may works for somebody else, their results may not be typical, and there is no guarantee that the same idea will work for you.

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