How I Make Money

I'm not here to toot my own horn, but if you are really looking to make larger amounts of money try this:

(This is for people who can afford some start up cost)

I have many businesses and one of my hobbies is to do startups. 6 weeks ago I started a new business and we are already profitable (this is my 3rd business that has achieved this goal this quickly and all my other product businesses are profitable or I sold them to buyers). I haven't spent more than $100 (scrapebox and a few lists from IMT members) or tools and marketing.

If you have $500 to $900 dollars to spend on products, goto alibaba and find a niche market of items you wish to sell.

Find a good dealer and buy some products (you can mark up these items to anywhere from 100% to 5000%)

Make a eCommerce website and make sure all your product pages are SEO friend and your URLs are SEO friendly. You can even just post these on eBay or Amazon as well. I have a friend whose wife makes $2500 a month working 5 hours a week posting items to eBay and Amazon.

Start doing what you already know. Post blogs, backlinks, social bookmarks, etc.

I have already made $7000 in profit in 6 weeks of my venture and we aren't even on top page of Google yet.

Yes, this will take time and takes money, but if you really want to try something different rather than just selling digital download products, this is the way.

I'm not trashing digital downloads, as I know many members here have made some kick ass cash doing this. I just wanted to add more ideas to the forum.

Nice one. This is on my to do list. I have a dropship account that I've had for years and never really used it. Sold a few things on Ebay but then just forgot about it. Need to start it soon as it's perfect for Xmas presents.

It is. I learned this when I worked for a promotional products company. I saw people spending $2000 and turning it into 50k over night and wanted to learn how they did it.

Thanks for sharing a nice idea. I have to think for this on 180 Degree :) But anyway a new money making tip is now in my pocket.

Dropshiping can generate some nice income if done right, I know few fellows who are doing this dropshiping and making 6 figure a year only with few sites...
It also doesn't need to be very hard if you are well organized and/or having some work outsourced...

BTW great job and you could make some ebook about that and sell it.

great method dude, hope I can follow this to the success.

What is scary is the volume of work it could consume. 10,000 products!!!! SEOing each product which might have 1,000 related keywords!!!! This is why it needs planning and organisation, which I'm working on now. I'm not even too bothered about the products, I know most of them are good, but it's the promotional aspect of each one. Maybe I need to pull my head out of the 'Made for Adsense' sand....

Judder,

Why waste time on 10,000 products? 7 to 10 products per site and push those. I don't think I've ever done a site that has more than 10 products, so I could follow a close niche system. If anything you can do product X and make the rest of the products "accessories" to your main. Once you get a buyer to your "main" product, they will come back to the same site (usually) for accessories and parts.[COLOR="Silver"]

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Originally Posted by onestopvapors

Judder,

Why waste time on 10,000 products? 7 to 10 products per site and push those. I don't think I've ever done a site that has more than 10 products, so I could follow a close niche system. If anything you can do product X and make the rest of the products "accessories" to your main. Once you get a buyer to your "main" product, they will come back to the same site (usually) for accessories and parts.[COLOR="Silver"]

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I see what you're saying but in the same breath, why not? If I have access to 10k products (80% of them have good mark up or high volume), then I suppose I could start with 10 products and work my way up. It's a project that will take months/years to get right and we (my wife and I) have other projects that are taking up our time, but it's something that I should probably outsource, ie. the building of the site, populating it and then I can promote the products.

I'm still fairly new though and I like to know every degree of every project I take on. I appreciate what you're saying and will take it on board. Maybe some mini sites from the drop shipping products would be a good idea to test the waters, but I'd love to have a massive site such as play.com

Señor onestopvapors has it exactly right. His experience tells him so, and the experiences of many others makes it more than anecdotal.

Thanks for sharing.

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Originally Posted by JudderMan

I

I'm still fairly new though and I like to know every degree of every project I take on. I appreciate what you're saying and will take it on board. Maybe some mini sites from the drop shipping products would be a good idea to test the waters, but I'd love to have a massive site such as play.com

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You may think a test project with 10 products only and if you get success with that, it can be really great inspiration to your bigger site.

As onestopvapors said, go with smaller site first, that way you can test things out and see what is working and what isn't,
this will prepare you for your bigger projects...

Thanks for the advice :)

What do you build your e-commerce sites with? Joomla/Wordpress?

osCommerce is free also...

I personally use prestashop. It is the best FREE SEO ready cart IMO.

Nice idea. How much products do we need to buy and stock according to your experience?

Start small. Do like 10 to 20 stock. We started with 15 and now selling 40 a week. My advice to everyone who asks me business advice, is to start small. If you fail it is a small loss. Business is about testing the water and not being afraid to fail 100 times to be successful once. I have failed on many projects, but the ones that work pay off in the long run. For every one successful business, it has out weighted any loses by 1000 times over.

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Originally Posted by JudderMan

Thanks for the advice :)

What do you build your e-commerce sites with? Joomla/Wordpress?

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Opencart is also free, and it's great and good looking.

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Originally Posted by onestopvapors

Start small. Do like 10 to 20 stock. We started with 15 and now selling 40 a week. My advice to everyone who asks me business advice, is to start small. If you fail it is a small loss. Business is about testing the water and not being afraid to fail 100 times to be successful once. I have failed on many projects, but the ones that work pay off in the long run. For every one successful business, it has out weighted any loses by 1000 times over.

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Yes, that is a great advice. Don't be afraid to fail. Don't lose heart if some projects fail. Those that succeed can make you much more money in the long run to over-compensate by thousands of times for the losses you incurred.

This is great idea hope it's going to help me so much. will try this.

You said you started making $7000 in profits within just 6 months even though your site was still not on first page of Google. Can you elaborate for the benefit of us all, how did you manage to get traffic and orders when your site was not ranking highly? Did you employ any other traffic generation techniques or did you use paid advertising methods?

Your answers can be beneficial to all people of this community. Whatever important details you can lay down will be well appreciated.

My site is number 1 for many keywords that "vapor heads" search for. I'm page 1 for the most popular e cigarette starter kit and also number 1 for many of the accessories. Also, it was 6 weeks, not months. I never sleep, so my results are fast =)

Just to update here as this thread gave me a lot of inspiration (or a kick up the bum) and I've started an e-commerce store now. Bought the domain name, have my dropshipping items busy populating the site, and used freewebstore.org - we'll see what they are like before moving to a more secure site, but only gonna test the freebie one for now. Found a wholesaler near where I live too, so I'm gonna go and have a meeting with them to drill down their prices :)

Thanks OneStopVapors for the kick in the right direction.

No problem! I hope my tips make you some money!!

Any example of what kind of items you would sell this way?

I don't know if I should try using Amazon because noone buys Amazon stuff in my country.

I'd like to file a serious complaint against the OP........I did a 23 hour day yesterday and my wife (the trooper) stayed up and did another 7 hours.....we are very tired now :) :) But the site is working and we have 40 products on there now, fully SEO'd (on-page), Facebook page setup and growing in 'likes', Twitter linked up and all logos bought and it's ready to go. We have another 300 products that our dropshippers (important to have more than one in my opinion) have, and after some intense keyword research we've reached a plan of the best ones to choose.

All of this and we've still managed to complete ALL of our writing work for our new/existing clients. Awesome! I love writing but it's come to the point where we can only make so much in a day and are limited by the impending onslaught of arthritis...no doubt :)

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Originally Posted by JudderMan

I'd like to file a serious complaint against the OP........I did a 23 hour day yesterday

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I don't think you can blame him for you obsessive compulsions. :D

I wonder if you could help the rest of us shorten the curve a bit? I'm not asking you to reveal your niche or product. But maybe you could let us in on some of the contenders that didn't make the cut???

Sisyphus

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Originally Posted by JudderMan

I'd like to file a serious complaint against the OP........I did a 23 hour day yesterday and my wife (the trooper) stayed up and did another 7 hours.....we are very tired now :) :) But the site is working and we have 40 products on there now, fully SEO'd (on-page), Facebook page setup and growing in 'likes', Twitter linked up and all logos bought and it's ready to go. We have another 300 products that our dropshippers (important to have more than one in my opinion) have, and after some intense keyword research we've reached a plan of the best ones to choose.

All of this and we've still managed to complete ALL of our writing work for our new/existing clients. Awesome! I love writing but it's come to the point where we can only make so much in a day and are limited by the impending onslaught of arthritis...no doubt :)

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you get what you put in
work hard and be rewarded
good luck to you and your wife in your new venture :)

Heehee, :) Seriously, I'm so excited to start this. It's a shame us mere mortals have to sleep everyday. No doubt I'll be back here bouncing around like a lunatic once it starts making money. I'm hoping for it to be a consistent income stream by December and the products will work very well in the January sales.

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I wonder if you could help the rest of us shorten the curve a bit? I'm not asking you to reveal your niche or product. But maybe you could let us in on some of the contenders that didn't make the cut???

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Just pick a dropshipper with products that you like - run a Google search. Do some keyword research to link up your favourite products to search volume/competition. I used freewebstore.org and have upgraded already, but I'm sure there's easier/cheaper ways to do it. Buy a domain name and start populating the site. My niche isn't something I'm interested in, it's more for my wife, 'women's clothing/accessories', but they are very unique and rare in the UK, which is the market I'm targeting. I'll be doing all of the SEO on it, while she picks the products and writes the product descriptions (she's a writer too).

No doubt in the future I'll need an automated way of running the orders and shipping details etc, but for now it will just be us two, then maybe an assistant etc.

Thanks for the explanation Judder. I was beginning to worry that I'd asked too much...

Wonder if I should do a ebook on this....

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Originally Posted by onestopvapors

Wonder if I should do a ebook on this....

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Totally. You have the knowledge, so make a few $$$ from it. The WarriorForum will be all over it.

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Originally Posted by onestopvapors

Wonder if I should do a ebook on this....

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I want to place an order, where is your buy now link :)

I will start next week =)

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Originally Posted by onestopvapors

Wonder if I should do a ebook on this....

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Don't want to brag, but I think I already told you that ;) :D

BTW nice work JudderMan and keep going... it is always nice when people are helping or motivating each other :)

Thanks Onestopvapors for the motivation,

I have a good experience myself with e-commerce sites and physical products.....

Physical products are sell better than digital products,you need to find a good dropshiper though !

I started on my book, but where can I host it to sell it?

you can use ejunkie to host your book or you can use your own website for download link. However in your own website link, you need to redirect your customers to your download link after payment. I am using this method with 2checkout and it works.

BTW what is your payment processor?

Rapbank, Click2Sell.eu, Smashwords,Digiresults,Lulus, Tradebit, PayDotCom.com, Clickbank or Amazon.

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Originally Posted by onestopvapors

I'm not here to toot my own horn, but if you are really looking to make larger amounts of money try this:

(This is for people who can afford some start up cost)

I have many businesses and one of my hobbies is to do startups. 6 weeks ago I started a new business and we are already profitable (this is my 3rd business that has achieved this goal this quickly and all my other product businesses are profitable or I sold them to buyers). I haven't spent more than $100 (scrapebox and a few lists from IMT members) or tools and marketing.

If you have $500 to $900 dollars to spend on products, goto alibaba and find a niche market of items you wish to sell.

Find a good dealer and buy some products (you can mark up these items to anywhere from 100% to 5000%)

Make a eCommerce website and make sure all your product pages are SEO friend and your URLs are SEO friendly. You can even just post these on eBay or Amazon as well. I have a friend whose wife makes $2500 a month working 5 hours a week posting items to eBay and Amazon.

Start doing what you already know. Post blogs, backlinks, social bookmarks, etc.

I have already made $7000 in profit in 6 weeks of my venture and we aren't even on top page of Google yet.

Yes, this will take time and takes money, but if you really want to try something different rather than just selling digital download products, this is the way.

I'm not trashing digital downloads, as I know many members here have made some kick ass cash doing this. I just wanted to add more ideas to the forum.

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Wow $7000 in 6 weeks is something to toot your horn about. That is just great. maybe in the future I will be able to do this.

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Originally Posted by onestopvapors

Wonder if I should do a ebook on this....

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I want to place an order too, please let me know when the ebook is ready:)

This is great method you told, I will try to follow this If need assistance will contact you.

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Originally Posted by Nemanja

Dropshiping can generate some nice income if done right, I know few fellows who are doing this dropshiping and making 6 figure a year only with few sites...
It also doesn't need to be very hard if you are well organized and/or having some work outsourced...

BTW great job and you could make some ebook about that and sell it.

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Hello. Can you give us some examples? :D

I have been an Internet marketer for some time now and I do not even know how to begin if I were to answer this question, and to explain how I got to where I am now. All I can say is that customizing wordpress blogs and reaching to my target clients have been very helpful for me to get the word out of my business. Once I have the SEO strategies working to my favor, I can see the money coming in.

this is great idea i am going to apply in 2012... and add my reviews..