1. Bar Charts
There is more to bar charts than meets the eye with data visualization. Bar charts is just one example of many visual tools which can be used to convey information in the most effective way. Bar charts, bar graphs, pie charts, or other charts and graphs are one of the most common methods of displaying information of various kinds. Everyone from children to adults use them in school, study, and business. Data visualization works with bar charts to create informational displays to reach virtually any kind of audience.
2. Interactive Map
In addition to bar charts, other informational tools become interactive with data visualization. An interactive map allows information to be displayed on various levels by clicking on the part of the map about which one may want more information. This is called “drilling down.” The interactive map is a method of data visualization used by many business, government, and community programs. Many airlines proved an interactive map of the plane interior so that travelers can choose their own seating. Many governments or communities create interactive maps of their countries, states, and cities. To learn more about a specific area, all on has to do is click on it. Information interacts with a user’s needs.
3. Reporting Tool
This article has already covered examples of how data visualization conveys information to various types of users for travel or education, but data visualization can also be used as a reporting tool. Imagine making a presentation for school or business come alive with an interactive map or bar charts. Information is presented in a helpful and meaningful way, often simplifying complex levels of information to become digestible to those to whom the presentation is given.
4. Convert HTML to PDF
A presentation is one thing, a handout or file copy is another. By far, one of the biggest challenges with data visualization in the past has been printing HTML information without getting it cut off on one of the margins. In the past HTML format did not automatically format itself for computer printout. Data visualization software can create PDF images of HTML displays for others to follow during the presentation or to file after.
5. Data Mapping
Research, geographical data, and other information can be effectively conveyed using data mapping. Data visualization provides a method for mapping data in a simple display, assisting the presenter in his or her ability to make important data understandable.
6. Business Mapping
Sometimes data mapping involves visual diagrams of business departments. Data visualization helps with business mapping. One example of business mapping is the creation of a department map for the shipping department of a business. Real-time information is available for inventory management and location, including inbound and outbound shipping information. Everything going on in the warehouse is visualized on a computer screen.
7. Executive Dashboard
Though information can be compiled into state of the art data visualization, the information still needs to be managed somehow. Data visualization would be incomplete without an executive dashboard with which executives can customize and manage all data visualization displays and reports.
8. Flash Graphs
Using flash technology, information can also be displayed in a state of the art format. Dashboards and data visualization displays are unencumbered by too much information all smattered on the charts and graphs. Flash chart, flash graphs, and flash maps display only what one needs when one needs it by responding to a mouse or cursor moving over it. As the mouse finds its target, information and options are immediately displayed. Web site are presented in a tidy and manageable way.
9..Net Technology
.Net technology, including .net graphs, .net charts, and .net maps is internet technology interfacing other pages on the internet with anchored text on a report or other data visualization display. In addition to .net, perl graphs, perl charts, and perl maps, as well as coldfusion charts, coldfusion graphs, and coldfusion maps, are useful tools employed as part of data visualization. These technologies can also be used in .net PDF attachments.
10. 508 Compliance
Data visualization has also made itself accessible to those with disabilities complying with section 508 which requires government and public information to be viewable by those with disabilities. Data visualization is still capable of catering to the needs of its users.
Business, communities, and educational programs throughout the country are adopting data visualization to serve the need of the Information Age. Information is now available at a new level of simplicity, even at the most detailed and complex levels.
Showing posts with label small business ideas. Show all posts
Showing posts with label small business ideas. Show all posts
Friday, July 12, 2013
Thursday, July 11, 2013
Do You Have an Additional Passive Income yet?
Marty and his wife live at home with their 2 children. They own a 3 bedroom house in a middle class neighborhood and try to live within their means. Marty works full time in the Printing Industry, while his wife is in charge of the home and looking after the children.
They've accumulated some credit card debt and have 2 years left on a car loan. They try to stay out of debt as much as possible and together they've managed to contribute a total of $32,000 to their own Retirement Fund. It is kept in term deposits receiving 5% interest annually.
Two years prior, the couple bought an older house that they fixed-up and rent out for $850 a month. After paying the mortgage and taxes $300 is left over each month. This goes into their savings account each month.
At Christmas, the family bought themselves a new computer and decided to start a home-based business. Things started out fairly slowly but after 8 months they were receiving a steady check of $400 a month which also goes into their savings account. This part-time business will continue to grow with the effort they dedicate to it.
This business also offers them some very lucrative tax savings. By taking advantage of these Tax Strategies they are able to save an additional $300 a month on tax that was normally deducted from Marty's paycheck at work. This monthly income is also added to the couple's savings.
Marty has just begun writing an E-book about his "production expertise" at work. His plan is to market this book on the internet for profit
Every Sunday the couple takes a drive to stay familiar with the Real Estate market in their area. They're looking for another property, a "handyman's special" to fix-up and rent out. They have saved enough for a down payment and their credit with the bank is well established.
The family's total monthly expenses are $2000. Now, here's the question: Does Marty's family have Wealth yet?
To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean?
First, what is Passive Income?
Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own.
Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc………
Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income.
The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that account. So, $32,000 at 5% is $1600 a year. Divided by 12 months equals $133 a month in interest. Ok…..what else? After the mortgage and expenses are paid with the rent money they receive on their rental property they are left with $300 every month. This is Passive Income. Just as long as the tenant stays and pays his monthly rent.
How bout that $400 from the home-based business and the Tax savings. Is this Passive Income? Well, Marty's wife made sure that she chose a company where she could sign new business accounts and get paid commissions on those accounts over and over again. They've made a 5 year commitment to build this business part-time. So yes, both the $400 and the $300 in Tax Savings would apply as Passive Income. Let's add up Marty's total Passive Income.
Interest $166.00 Rental Income $300.00 Home Based Business$400.00 Tax Savings $300.00 Total $1166.00
Not including Marty's salary from work, his family's Passive Income is $1166.00. Not bad. Every month this amount flows into the family's bank account, regardless of anything else they do. We said that Marty's monthly expenses total $2000.00 a month. And we also said………… You have Wealth when: *Your Passive Income is the same or greater than your Expenses.*
$2000 Expenses subtract $1166 Passive Income = $834 monthly balance needed to have Wealth.
Marty's Expenses are still more than their Passive Income so they're not wealthy just yet. But they're well over half-way there. With this kind of knowledge a family can know exactly where to focus their financial attention.
Maybe when Marty writes that ebook he could get some sales and royalties from it. Also the new Real Estate and more work on their Home-based business would certainly help them to attain more Passive Income. Once Marty's Passive Income is more than the family's Expenses then Marty could start to have much more freedom. He may even choose to quit his job and continue developing his Passive Income streams.
Take a look at your own finances. What are your monthly expenses? Do you have more Passive Income than your Expenses? If you do Congratulations. You're Wealthy!!! If you don't. It's time to get started and start adding Passive Income from other
areas as soon as possible.
When you truly understand this principle, you'll be well on your way to becoming wealthy soon enough!
They've accumulated some credit card debt and have 2 years left on a car loan. They try to stay out of debt as much as possible and together they've managed to contribute a total of $32,000 to their own Retirement Fund. It is kept in term deposits receiving 5% interest annually.
Two years prior, the couple bought an older house that they fixed-up and rent out for $850 a month. After paying the mortgage and taxes $300 is left over each month. This goes into their savings account each month.
At Christmas, the family bought themselves a new computer and decided to start a home-based business. Things started out fairly slowly but after 8 months they were receiving a steady check of $400 a month which also goes into their savings account. This part-time business will continue to grow with the effort they dedicate to it.
This business also offers them some very lucrative tax savings. By taking advantage of these Tax Strategies they are able to save an additional $300 a month on tax that was normally deducted from Marty's paycheck at work. This monthly income is also added to the couple's savings.
Marty has just begun writing an E-book about his "production expertise" at work. His plan is to market this book on the internet for profit
Every Sunday the couple takes a drive to stay familiar with the Real Estate market in their area. They're looking for another property, a "handyman's special" to fix-up and rent out. They have saved enough for a down payment and their credit with the bank is well established.
The family's total monthly expenses are $2000. Now, here's the question: Does Marty's family have Wealth yet?
To answer this question properly you first have to understand exactly what "wealth" means.You achieve wealth when: *Your Passive Income is the same or greater than your Expenses.* So what does this mean?
First, what is Passive Income?
Passive Income is money that you are paid over and over again for work that you only do once. (This excludes using a gun or finding cash on the street) Some examples of this would be royalties for writing a book or a song, commissions that you receive for sales that others make and interest from bank savings or dividends on stocks/options that you own.
Second, what Expenses are we talking about? This one's a little easier to understand. Expenses are the total amount it takes to run your household and your life. This includes, rent, mortgage payments, car insurance, food, credit card and loan payments, etc………
Let's look at Marty's family a little closer…………. Does Marty have any Passive Income? Yes he does. Marty's salary is not considered Passive Income. That's because he has to work 40 hours a week just to get the basic amount. If Marty doesn't go to work then he doesn't get paid. His overtime also doesn't count as Passive Income.
The interest from their Retirement Fund does though. It's paid to him month after month as long as it's left in that account. So, $32,000 at 5% is $1600 a year. Divided by 12 months equals $133 a month in interest. Ok…..what else? After the mortgage and expenses are paid with the rent money they receive on their rental property they are left with $300 every month. This is Passive Income. Just as long as the tenant stays and pays his monthly rent.
How bout that $400 from the home-based business and the Tax savings. Is this Passive Income? Well, Marty's wife made sure that she chose a company where she could sign new business accounts and get paid commissions on those accounts over and over again. They've made a 5 year commitment to build this business part-time. So yes, both the $400 and the $300 in Tax Savings would apply as Passive Income. Let's add up Marty's total Passive Income.
Interest $166.00 Rental Income $300.00 Home Based Business$400.00 Tax Savings $300.00 Total $1166.00
Not including Marty's salary from work, his family's Passive Income is $1166.00. Not bad. Every month this amount flows into the family's bank account, regardless of anything else they do. We said that Marty's monthly expenses total $2000.00 a month. And we also said………… You have Wealth when: *Your Passive Income is the same or greater than your Expenses.*
$2000 Expenses subtract $1166 Passive Income = $834 monthly balance needed to have Wealth.
Marty's Expenses are still more than their Passive Income so they're not wealthy just yet. But they're well over half-way there. With this kind of knowledge a family can know exactly where to focus their financial attention.
Maybe when Marty writes that ebook he could get some sales and royalties from it. Also the new Real Estate and more work on their Home-based business would certainly help them to attain more Passive Income. Once Marty's Passive Income is more than the family's Expenses then Marty could start to have much more freedom. He may even choose to quit his job and continue developing his Passive Income streams.
Take a look at your own finances. What are your monthly expenses? Do you have more Passive Income than your Expenses? If you do Congratulations. You're Wealthy!!! If you don't. It's time to get started and start adding Passive Income from other
areas as soon as possible.
When you truly understand this principle, you'll be well on your way to becoming wealthy soon enough!
Wednesday, July 10, 2013
Affiliate Marketing or Google Adsense?
Okay so we all are looking to earn money from our websites, but, how do we know which one to use? So that brings us to an important question: Which is a better online business - Affiliate-Marketing sites or Google Adsense sites? Let's explore each one and then find out which online business is better option:
Google Adsense
How do you like the idea of earning money without dealing with customers or answering emails. This is possible when you run a Google Adsense site. With Adsense sites, you can have a virtual passive-income that requires little maintaining. But is this the best option for an online business?
Here are the positives of Google Adsense sites:
· They are perfect for people who run information sites that have no related affiliate product
· You can set it and leave it. With Google Adsense, you can create a content page, and there is little need to update the content.
· Adsense sites are easy to scale. Since they require little upkeep, you can easily create multiple websites that each make a nice income.
Here are the negatives of Google Adsense sites:
· They are not a great long term solution. Instead of getting your visitors to subscribe to a mailing list, you are focusing on getting people to click on ads. Real online businesses concentrate on building assets that can use for long-term growth.
· These sites are dependent on search engines. Most Google Adsense sites make the mistake of depending on search engines for the majority of their traffic. If the SE algorithms change then your income might drop significantly.
Affiliate Marketing
Being an affiliate marketer is great for those who want build a theme site. With this type of business, you can easily create web pages around a topic and get people to purchase products through your products. If done correctly, you can easily build a loyal following that will help you make money for years to come.
But can affiliate marketing make you more money then Google Adsense?
Here are the positives of affiliate marketing:
· A great advantage of affiliate-marketing is that you can build a long term business that will bring in a revenue stream for years.
· With affiliate-marketers you need to focus on building an email list. This list is a major asset of your business. Every time you have an offer, you can go to your list and increase your profits..
· Unlike Google Adsense sites, which only concentrates on high paying keywords, an affiliate marketing site can be centered on a topic that you have an interest in.
Here are the negatives of affiliate marketing:
· You have to learn how to write persuasively and get people to purchase the product that you are recommending. For many people this is a difficult skill to learn.
· Each affiliate marketing site requires a lot of effort. You must spend a lot of time writing product reviews, building your email list and creating web content.
So which is better: Affiliate marketing or Google Adsense?
The answer is that both are great solutions for an online business. Instead of choosing one over the other, you should create websites that can take advantage of both.
Here is how you can do this:
1) Create a content site on a topic that you are interest in, while paying a good amount per Adsense click.
2) Integrate your Adsense into the menu bars and the top of your web content.
3) Add web pages for affiliate-products and your opt-in email list. But, make sure that you leave out the Adsense blocks on these pages. This way you are ensuring that you are building your long-term assets.
4) Create optimized web page articles that focus on a specific keyword phrase. Place your Google Adsense in these blocks.
5) Provide your email list with good content and product recommendations. Once in awhile, email your list and provide a link to some of your web articles. That way, you can earn a little bit of money from your subscribers while giving them good content.
By focusing on both affiliate products and Google Adsense, you will be building both short-term and long-term profits.
Author - Scott J. Patterson
Google Adsense
How do you like the idea of earning money without dealing with customers or answering emails. This is possible when you run a Google Adsense site. With Adsense sites, you can have a virtual passive-income that requires little maintaining. But is this the best option for an online business?
Here are the positives of Google Adsense sites:
· They are perfect for people who run information sites that have no related affiliate product
· You can set it and leave it. With Google Adsense, you can create a content page, and there is little need to update the content.
· Adsense sites are easy to scale. Since they require little upkeep, you can easily create multiple websites that each make a nice income.
Here are the negatives of Google Adsense sites:
· They are not a great long term solution. Instead of getting your visitors to subscribe to a mailing list, you are focusing on getting people to click on ads. Real online businesses concentrate on building assets that can use for long-term growth.
· These sites are dependent on search engines. Most Google Adsense sites make the mistake of depending on search engines for the majority of their traffic. If the SE algorithms change then your income might drop significantly.
Affiliate Marketing
Being an affiliate marketer is great for those who want build a theme site. With this type of business, you can easily create web pages around a topic and get people to purchase products through your products. If done correctly, you can easily build a loyal following that will help you make money for years to come.
But can affiliate marketing make you more money then Google Adsense?
Here are the positives of affiliate marketing:
· A great advantage of affiliate-marketing is that you can build a long term business that will bring in a revenue stream for years.
· With affiliate-marketers you need to focus on building an email list. This list is a major asset of your business. Every time you have an offer, you can go to your list and increase your profits..
· Unlike Google Adsense sites, which only concentrates on high paying keywords, an affiliate marketing site can be centered on a topic that you have an interest in.
Here are the negatives of affiliate marketing:
· You have to learn how to write persuasively and get people to purchase the product that you are recommending. For many people this is a difficult skill to learn.
· Each affiliate marketing site requires a lot of effort. You must spend a lot of time writing product reviews, building your email list and creating web content.
So which is better: Affiliate marketing or Google Adsense?
The answer is that both are great solutions for an online business. Instead of choosing one over the other, you should create websites that can take advantage of both.
Here is how you can do this:
1) Create a content site on a topic that you are interest in, while paying a good amount per Adsense click.
2) Integrate your Adsense into the menu bars and the top of your web content.
3) Add web pages for affiliate-products and your opt-in email list. But, make sure that you leave out the Adsense blocks on these pages. This way you are ensuring that you are building your long-term assets.
4) Create optimized web page articles that focus on a specific keyword phrase. Place your Google Adsense in these blocks.
5) Provide your email list with good content and product recommendations. Once in awhile, email your list and provide a link to some of your web articles. That way, you can earn a little bit of money from your subscribers while giving them good content.
By focusing on both affiliate products and Google Adsense, you will be building both short-term and long-term profits.
Author - Scott J. Patterson
Labels:
make money online,
Marketing,
small business ideas,
tips
Why To Do Joint Venture Deals on eBay
eBay is THE most popular home business in the USA, but it's not without its problems. Many have tried to succeed but have failed due to confusion over what products to sell, giant numbers of competitors, copy and picture theft from other sellers and eBay and Paypal that eat into profits.
One way to avoid this swamp, though, is to do a Joint Venture with established eBay sellers. This allows a JV partner to build her own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business on eBay:
1. The biggest uncertainty for would-be eBay sellers is what products to sell. Sometimes vendors risk large sums of money on untried products, only to lose their investment, become sour and give up. With a Joint Venture there is no risk except for a few hours of time.
2. Since there are no auctions listed on eBay, no one can steal copy or pictures from JV sellers - because there is nothing to copy. In effect, we become invisible - no one even knows we exist and this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can be instantly downloaded. This is great for any entrepreneur because inexpensive autoresponders mean that her entire business is handled via autopilot. Contrast this with the usual way of doing business on eBay which involves mailing dozens, hundreds or even thousands of boxes.
4. eBay and Paypal have lots of rules. It's easy to break some unwittingly, and even the most honest seller does so from time to time. A JV merchant isn't answerable to eBay, however, but only to her customers.
5. A JV seller never directly lists on eBay, thus avoiding eBay and Paypal fees.
6. Successful Powersellers have large numbers of customers and there are lots of administrative details involved. Implementing a sales system can cost time and money because without attention to detail packages won't be mailed in a timely fashion, payments won't be accurate, items will be sent to the wrong purchaseers, and so on. A JV partner eliminates all of that because all transactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the 'feedback' system. Negative feedback can kill sales instantly and lack of feedback causes purchaseers to hesitite and choose other sellers. Feedback is totally irrelevant to a Joint Venture seller because she is using the reputation of carefully chosen other sellers. She knows in advance that their feedback is high quality or she doesn't do deals with them.
8. Inexperienced sellers sometimes drag wiser merchants into price wars. In a panic over sales, they foolishly slash prices, beginning a chain reaction that results in bare bones bids that allow no one to make any money. A Joint Venture seller floats serenely above such hiccups in the marketplace.
9. Best of all, a JV seller doesn't settle for a one time sale. She concentrates her efforts on a mailing list of happy customers that she can sell to again and again and again. In this way, not only is she ensuring repeate profits, but she gets paid for creating this list, rather than having to pay someone else for names.
With its 147,000,000 registered users, eBay is the best source of targeted, Net-savvy purchaseers on the web. By putting together Joint Venture deals with established sellers, anyone can add large numbers of qualified purchaseers to their database efficiently and inexpensively.
One way to avoid this swamp, though, is to do a Joint Venture with established eBay sellers. This allows a JV partner to build her own mailing list and sell products off eBay.
There are multiple advantages to this way of doing business on eBay:
1. The biggest uncertainty for would-be eBay sellers is what products to sell. Sometimes vendors risk large sums of money on untried products, only to lose their investment, become sour and give up. With a Joint Venture there is no risk except for a few hours of time.
2. Since there are no auctions listed on eBay, no one can steal copy or pictures from JV sellers - because there is nothing to copy. In effect, we become invisible - no one even knows we exist and this hidden aspect has many advantages.
3. eBay JVs are usually done with a digital product that can be instantly downloaded. This is great for any entrepreneur because inexpensive autoresponders mean that her entire business is handled via autopilot. Contrast this with the usual way of doing business on eBay which involves mailing dozens, hundreds or even thousands of boxes.
4. eBay and Paypal have lots of rules. It's easy to break some unwittingly, and even the most honest seller does so from time to time. A JV merchant isn't answerable to eBay, however, but only to her customers.
5. A JV seller never directly lists on eBay, thus avoiding eBay and Paypal fees.
6. Successful Powersellers have large numbers of customers and there are lots of administrative details involved. Implementing a sales system can cost time and money because without attention to detail packages won't be mailed in a timely fashion, payments won't be accurate, items will be sent to the wrong purchaseers, and so on. A JV partner eliminates all of that because all transactions can be funneled through a hands-off system.
7. eBay selling lives or dies through the 'feedback' system. Negative feedback can kill sales instantly and lack of feedback causes purchaseers to hesitite and choose other sellers. Feedback is totally irrelevant to a Joint Venture seller because she is using the reputation of carefully chosen other sellers. She knows in advance that their feedback is high quality or she doesn't do deals with them.
8. Inexperienced sellers sometimes drag wiser merchants into price wars. In a panic over sales, they foolishly slash prices, beginning a chain reaction that results in bare bones bids that allow no one to make any money. A Joint Venture seller floats serenely above such hiccups in the marketplace.
9. Best of all, a JV seller doesn't settle for a one time sale. She concentrates her efforts on a mailing list of happy customers that she can sell to again and again and again. In this way, not only is she ensuring repeate profits, but she gets paid for creating this list, rather than having to pay someone else for names.
With its 147,000,000 registered users, eBay is the best source of targeted, Net-savvy purchaseers on the web. By putting together Joint Venture deals with established sellers, anyone can add large numbers of qualified purchaseers to their database efficiently and inexpensively.
Starting Your Own Business on The Internet
Most people do not succeed on the internet because they are selling products no one desperately wants. If you want to be truly successful sell only things that people really really really want to purchase! Sounds simple? It is.
You only need to find out what people desperately want and then give it to them. Unfortunately most people online (and offline) are ignoring this basic fundamental law to sales success. So without further ado, just follow this 7 step system to profits even if haven't made a dime online yet....
1. Go to Ebay's 'Hot Item Forum' and find out what products and services are selling well.
2. Find a local wholesaler who sells the products or services that are selling well on Ebay who doesn't already sell on Ebay (most won't be)
3. Ask them, "If I was able to move X amount of units of your product, what percentage of your profits would you share with me?"
4. If they are interested and are willing to give you a decent share of their profits, get them to sign a Non-Disclosure Agreement and a Joint Venture Contract. They are both simple documents that you can find and download from the Internet.
5. Arrange shipping with the company. Ask them to dropship the products to the people who have purchased from you on Ebay. (If they won't do this get them to ship pallets of the product to you for you to do the shipping.)
6. Get them to provide you with a complete list of their in-stock inventory. You'll then be in a position to offer related products to any ebay customers who purchase from you as extra backend sales. Just make sure you agree a good profit percentage on each backend product with the company.
7. Advertise the products on Ebay and rake in the cash. If you are a complete Ebay newbie or you have very limited time, go to the 'Easy Trading Assistant' homepage to do the selling for you if necessary.
This is a proven, simple, elegant formula for anybody with a few spare hours a month to make good profits online. It requires zero technical knowledge and even a complete newbie can get started immediately.
It only requires some surfing of Ebay & the Internet followed by a few phonecalls to some wholesalers. The rest is child's play. In fact you can even use the Ebay Trading Assistant to do the selling for you. (They would take a small cut of course).
Remember on Ebay the shipping cost is a standard extra that the bidder pays, so you should have no problem negotiating with the wholesaler a fair price to do the shipping for you.
The most important factor to increasing your income is to launch what I call your own little 'oil wells' which bring you in cash like clockwork. The above system shows you how easy this is to do.
-Clifford Mee
You only need to find out what people desperately want and then give it to them. Unfortunately most people online (and offline) are ignoring this basic fundamental law to sales success. So without further ado, just follow this 7 step system to profits even if haven't made a dime online yet....
1. Go to Ebay's 'Hot Item Forum' and find out what products and services are selling well.
2. Find a local wholesaler who sells the products or services that are selling well on Ebay who doesn't already sell on Ebay (most won't be)
3. Ask them, "If I was able to move X amount of units of your product, what percentage of your profits would you share with me?"
4. If they are interested and are willing to give you a decent share of their profits, get them to sign a Non-Disclosure Agreement and a Joint Venture Contract. They are both simple documents that you can find and download from the Internet.
5. Arrange shipping with the company. Ask them to dropship the products to the people who have purchased from you on Ebay. (If they won't do this get them to ship pallets of the product to you for you to do the shipping.)
6. Get them to provide you with a complete list of their in-stock inventory. You'll then be in a position to offer related products to any ebay customers who purchase from you as extra backend sales. Just make sure you agree a good profit percentage on each backend product with the company.
7. Advertise the products on Ebay and rake in the cash. If you are a complete Ebay newbie or you have very limited time, go to the 'Easy Trading Assistant' homepage to do the selling for you if necessary.
This is a proven, simple, elegant formula for anybody with a few spare hours a month to make good profits online. It requires zero technical knowledge and even a complete newbie can get started immediately.
It only requires some surfing of Ebay & the Internet followed by a few phonecalls to some wholesalers. The rest is child's play. In fact you can even use the Ebay Trading Assistant to do the selling for you. (They would take a small cut of course).
Remember on Ebay the shipping cost is a standard extra that the bidder pays, so you should have no problem negotiating with the wholesaler a fair price to do the shipping for you.
The most important factor to increasing your income is to launch what I call your own little 'oil wells' which bring you in cash like clockwork. The above system shows you how easy this is to do.
-Clifford Mee
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