Search

Custom Search

Monday, December 29, 2008

The Ebay Powerseller Blue Print

The way I got started as a seller on Ebay was by selling some music equipment I no longer had any use for. I listed this equipment in an auction and I was amazed how quickly it sold. Unfortunately, for me I didn't have any more things lying around the house that I could sell.

Determined to sell more things on Ebay I turned to a reliable source who always came through for me since I was a child. You guessed right! It was my mother. I asked my mother did she have any items around the house that she wanted to get rid of. To my surprise she had some vintage Gucci and Louis Vuitton handbags that she no longer used and didn't mine parting with to help her dear son.

Needless to say these designer bags also sold quickly. I mean what woman doesn't want a vintage Gucci or Luis Vuitton bag? I took my mother to dinner and thanked her for allowing me to sell her stuff on Ebay. I was also very thankful because she assisted me in opening up my eyes to recognizing Ebay as a potential cash machine.

Predictably, I ran out of stuff to sell but I was undeterred. I began studying other Ebay seller's auctions. I focused specifically on the auctions of the people who were Ebay powersellers. I figured hey they must know a thing a two that the average Ebay seller doesn't know.

Two things that I noticed in my research were that these powersellers were selling brand name items at great prices and they never seemed to run out of them. My instincts told me that it was no way in the world that these sellers were buying and stocking all of these items. Based on this belief I began my journey to discover their secret to selling on Ebay.

After several months, I finally stumbled upon their secret. It was an incredible way of doing business called dropshipment. In short, dropshipment works like this. You don't have to stock any inventory or use any of your own money to buy the product. You simply copy the images and descriptions of the product you want to sell from the dropshipment wholesaler's website or catalog, markup the price for profit, and list the item on Ebay.

Once your Ebay customer has paid you would then forward the customer's name and address along with a payment through paypal to the dropshipment company for the product. After you have paid the dropshipment company for the product, what's left over is of course is your profit.

The dropshipment company then ships the product to your customer in your name. Now how easy is that? I thought to myself. You didn't have to stock any inventory, stand in line at the post office and you didn't need money to make money. All you had to do was list products on Ebay and sit back and watch the pour in!

I utilized dropshipping to sell all kinds of products from digital cameras to karaoke machines. After a short period of time I soon joined the ranks as an Ebay powerseller. So the lesson is this. You first need to be motivated to begin as a seller on Ebay and the best way to get started as a seller is to start by first cleaning out your closet, attic, garage or any other place where you store your unused items You know the items I'm talking about remember?

The items that you supposedly cherished and wholeheartedly promised to put to good use once you got around to it. But hey you and I know that you never got around to it. Don't worry I promise to keep this our "little secret" only after you've agreed to the following conditions:

Condition number one. You have to get out the dust rag and began to dust off these hidden treasures and prepare to sell them on Ebay.

Condition number two. You must register as a seller on Ebay. It is fast, simple and most of all free. To register as a seller, all you need is a debit or credit card and a checking account.

Also, don't forget to sign up with Paypal so that you can accept online payments for your auctions. When you sign up for your personal Paypal account, make sure you click on the link to upgrade to the Premier account. This upgrade will allow you to accept credit card payments.

And oh by the way Ebay owns Paypal and integrates it so well in its auction system that it makes buying and selling on Ebay as easy as A-B-C.

Condition number three. This is the final condition. Before the week is over, you have to list your first item for sale on Ebay or I'm going to reveal our little secret!

Always remember when you run out of things to sell, you can always use dropshipping to get you back in the ball game.

About the Author
Omar Johnson is an Ebay powerseller and the creator of the homestudy course "How To Make Money On The Internet While You Are Asleep"

EBay, the place to start.



Since starting our website the most frequently asked question has been: “What is the best online business for me to become involved in?” This question is asked by people that are looking to better their lifestyle by seeking to increase the income available to them and their families. It is a fair and honest question to ask and deserves a fair and honest answer.

Our answer to all people new to internet marketing is eBay. Whether you are seeking to make a couple of hundred extra each month or a full time business making $10,000 or more each month you still cannot ignore the benefits of eBay as the foundation for your online business.

Let us start by asking the simple question: “What are the things an offline, High Street, business needs to succeed?” Then compare this with an online business. To succeed in a High Street business you need the following:

- Stock.

- Professional display.

- Advertising.

- Sufficient trained staff.

- Clean and attractive premises.

- Adequate numbers of potential customers walking through your door.


These are just the basic things you need to avoid going broke like more than 50% of people that attempt to run a High Street business. As you read the above items try putting a price to them. Like $50K for stock, $50K each year to advertise, a lot of cash to train your staff, cleaning and presentation costs. All of this must be spent first to give you a chance of drawing customers through the doors.

Now let us look at eBay:

The cost to sell is minimal; it attracts millions of visitors each day at no cost to you. You do not need to hold stock and you can easily open an account with both eBay and Pay Pal.

About the Author
David McCarthy can be found at http://www.ayecasher.com/

Monday, December 22, 2008

How to make money blogging

There are two ways of making money blogging, one more profitable than the other. First of all, small business owners find a great advantage in the use of blogs that provide rich informational content and the opportunity for great marketing promotions. But let's take a look at how you can turn blogging into a profitable activity. There are two possibilities: you either get paid for allowing other business owners to advertise on your site or you can include the blog in one of the many affiliate programs that enjoy such a popularity on the Internet nowadays.

In case you choose to exploit the advertising potential of your blog, the best program to work with is Google Adsense; you'll get paid every time an ad on your site gets clicked, regardless of whether this action converts into profit or not. The logical question that may rise here is: how can you get more clicks for the ads on the blog? Don't think about clicking your own ads to make some more money; fraud clicks are a very hot subject in the business, and Google teams are very efficient at identifying them. Such dishonest practice could cost you dearly if you dare to use it.

You can increase the profitability of the ads on your blog by taking advertising into consideration when you design the site. For instance, the fonts and colors used for the ads should be only slightly different from the rest of the page, without standing out. Why? Because the more visible you make them, the more likely it is that they'll annoy the user, and the entire purpose of your blog is to get people to spend quality time on the page. Adsense is a program that displays only those ads that are related to the domain the blog tackles with, so that you cannot complain about too large a number of irrelevant visitors.

Last, but not least, you can use the blog as part of an affiliate program, which involves promoting the products or services of a specific business. For instance if you've got a blog dealing with diving, you can very well turn into an affiliate for a company that sells diving equipment. The amount of money you are supposed to get is usually part of the individual agreement you sign with the other party, and it usually depends on how well you manage to use the blog to actually convince people to purchase one of the products. Friendly links, special discounts, promotions and e-news letters are all part of an affiliate campaign that could turn a simple blog into a great revenue generator.

Tuesday, December 16, 2008

Make $50 billion like Madoff's

One way to be billionaire is by creating your own pyramid scheme. Your can suck money from fool rich investors.You can make billion from this fraud like Madoff. The Bernie Madoff ponzi scheme is hitting both individual investors like Senator Frank Lautenberg, owners of the NY Mets and the Philadelphia Eagles as well as major markets throughout the world. Even one of Steven Spielberg's charities has been exposed to the Madoff scandal.According to charges against Mr. Madoff, his firm paid off earlier investors with money from new investors, fitting the classic definition of a Ponzi scheme. It unraveled as markets declined and many investors who lost money elsewhere sought to withdraw money from their investments with Mr. Madoff.


Madoff’s victim lists:

Tremont Capital. Fund of funds. Lost "hundreds of millions".

Maxam Capital Management LLC. Combined loss of $280 million.

Fairfield Greenwich Group. The biggest loser may be Walter Noel’s Fairfield Greenwich Group

Fix Asset Management. Fix Asset Management, which had an account worth at least $400 million with Madoff Investments.

Kingate Management Ltd. $2.8 billion

Thyssen Family.

Ira Roth's family. Ira Roth $1 million

Sterling Equities. Fund controlled by Fred Wilpon, co-owner of the NY Mets, confirms it had money with Madoff.

Stephen Abbott, a San Francisco lawyer. and two siblings had several hundred thousand dollars invested with Mr. Madoff.

Unnamed European Funds of Funds Palm Beach Country Club.

Lawrence Velvel, "69, dean of the Massachusetts School of Law, millions of dollars Loeb Family.

J. Ezra Merkin. GMAC LLC Chairman "suffered major losses from this catastrophe."

Norman Braman. Former Philadelphia Eagles owner

Richard Spring. $11 million

Members of half-a-dozen country clubs: more than $100 million combined

Bramdean Alternatives in the U.K. 9% of portfolio.

Banque Benedict Hentsch, Geneva-based private bank, $47.5 million.

Nomura and Neue Privat Bank.

Banco Santander. $3 billion EUR worth of exposure via its Optimal hedge fund unit and Banif asset management unit.

Unicredit. The Italian firm had unspecified amount with Madoff via its Dublin-based Pioneer alt-asset group.

Sen. Frank Lautenberg. Unspecified

Robert Lappin Foundation. $8MM foundation plus personal holdings.

BNP Paribas

Ira Rennert. Vicky Ward of Vanity Fair."Heavily, heavily invested."

Englebardt family of Los Angeles.

Stephen A. Fine, president of Biltrite Corp.

Avram and Carol Goldberg, former owners of the Stop & Shop supermarket chain

Helfman family of Miami Saul Katz, co-owner of the New York Mets.

Irwin Kellner, of Port Washington.

Carl and Ruth Shapiro, donors to Brandeis University, and Beth Israel Deaconess Medical Center.

Fairfield County, Connecticut.

Various Boston families:

Various banks

and more...

with totaling about $20-50 billion dolar.


MALAYSIA : PETROL PRICE

TODAY'S PETROL PRICE IS RM 1.80.GOOD NEWS.

Monday, December 15, 2008

Budgeting for Students

Why Budgeting is Important for College Students



The best and sometimes only way of controlling your spending is by maintaining a budget. This holds true for those who are working as well as students who are still to graduate from college. Regardless of whether parents give college students allowance or the student's work their way through school, budgeting still remains one of the essential skills that they would do well to learn.


Wondering why budgeting is so important for college students? There are several important reasons in answer to this question. First of all, budgets give students a more concrete knowledge of their economic situation. Secondly, budgeting helps students identify what a major chunk of their money of their money is going towards and it can help them cut back on unnecessary expenses and save their much-needed money.


Budgeting is also a great way for college students to show their parents or anybody else who may be funding their education that they can be trusted and know how to be responsible with their finances. More importantly, budgeting helps college students determine exactly what they can safely afford by way of monthly expenditure. This goes a long way in preventing the student from accumulating debt or overspending.


Basically, budgeting for college students is much the same compared to any other kind of budgeting. Keeping a written record is essential for college students who are maintaining a budget the same way as it is for everybody else. It is almost impossible to adhere to any budget that is only stored somewhere in your memory. It is important to make a written list of the various items you need to track including your earnings and other income as well as your expenditure.


Another fundamental budgeting rule that can be applied to any budgeting that is meant for college students is the need to prioritize. Knowing what your priorities are is vital for creating a sustainable budget. It is the only way of ascertaining that you will be able to meet your monthly requirements. Buying new clothes or new shoes every month is not as much of a priority as keeping aside sufficient funds for paying the house rent. Budgeting forces you to keep money aside for the more important essentials, before spending on luxuries and non-essentials.


Students who are lucky enough that are still being fully funded by their parents can still stretch their budget and make their money go far by refraining from being over-indulgent. Certainly a few occasional luxuries are to be expected but most of the time a lot of money is needlessly spent on stuff that can be absolutely avoided such as too many night-outs or weekly spa treatments. Another thing students can consider in order to increase their budget is taking up a part-time job.


Resisting the temptation of spending your personal loan at one time and being loyal to your budget will help you avoid falling into a debt trap.

Basics of Personal Budgeting

Personal Budgeting

Personal budgeting can be considered among the most critical and necessary life skills. The knowledge of budgeting basics is vital to your financial success. It is important to always track your earnings as well as your expenditure, whether you are doing financially well at the moment or whether you are struggling with your finances.

The first essential step of budgeting is really simple- write down the numbers. Let your starting point be the salary that you get in hand after paying tax. Budgeting does not make too much sense if you are unable to see the actual figures. It may be easy for you to figure out what your earnings are every month, but as you begin writing down the figures, you may be in for a shock when you physically see how much are you actually spending.


To get a better idea, you need to go ahead with the second step of the basics of budgeting – collect all your receipts and bills pertaining to car payments, credit card bills, house rent, house mortgage, groceries, utilities and insurance payment. First make a list of more important expenses and then list the non-essentials. Making a concrete list and actually looking at it is a bit like clearing up our vision as it helps you see exactly where your money is going. Usually the small items seem trivial enough to be ignored if you consider them individually, but when they are all added up the total amount can be substantial. You may be surprised at how much you actually spend o seemingly trivial things.


Now you can determine exactly what your major expenses are and where you tend to overspend. You certainly do not have to forego eating out completely. You can still continue indulging in all your favorite activities but what you could do is reduce the frequency. It is important not to impose rigid restrictions on yourself. If you continue treating yourself now and then you are more likely to stick to your budget. When making your budget, remember to factor in relaxation and recreation as well.


Building an emergency fund is your next step. As the name indicates, the money that you would deposit into this fund would be reserved only for unexpected situations and emergencies. Be very strict with yourself when it comes to withdrawing money from this fund. A one-day sale at your favorite department store does not quality as an emergency. Reserve that money for real emergencies only, such as a sudden illness, an accident or major car or house repair. It is these unforeseen adverse events that have the potential of busting your carefully planned budget so it is important to take note of them when chalking out your monthly budget.


In short, personal budgeting basics include collecting your monthly receipts and bill statements, listing down your total expenses and subtracting that figure from your monthly net income. Remember to make allowances for everyday requirements including gas, food and other miscellaneous expenses.

Basics of Personal Budgeting

Personal Budgeting



Personal budgeting can be considered among the most critical and necessary life skills. The knowledge of budgeting basics is vital to your financial success. It is important to always track your earnings as well as your expenditure, whether you are doing financially well at the moment or whether you are struggling with your finances.


The first essential step of budgeting is really simple- write down the numbers. Let your starting point be the salary that you get in hand after paying tax. Budgeting does not make too much sense if you are unable to see the actual figures. It may be easy for you to figure out what your earnings are every month, but as you begin writing down the figures, you may be in for a shock when you physically see how much are you actually spending.


To get a better idea, you need to go ahead with the second step of the basics of budgeting – collect all your receipts and bills pertaining to car payments, credit card bills, house rent, house mortgage, groceries, utilities and insurance payment. First make a list of more important expenses and then list the non-essentials. Making a concrete list and actually looking at it is a bit like clearing up our vision as it helps you see exactly where your money is going. Usually the small items seem trivial enough to be ignored if you consider them individually, but when they are all added up the total amount can be substantial. You may be surprised at how much you actually spend o seemingly trivial things.


Now you can determine exactly what your major expenses are and where you tend to overspend. You certainly do not have to forego eating out completely. You can still continue indulging in all your favorite activities but what you could do is reduce the frequency. It is important not to impose rigid restrictions on yourself. If you continue treating yourself now and then you are more likely to stick to your budget. When making your budget, remember to factor in relaxation and recreation as well.


Building an emergency fund is your next step. As the name indicates, the money that you would deposit into this fund would be reserved only for unexpected situations and emergencies. Be very strict with yourself when it comes to withdrawing money from this fund. A one-day sale at your favorite department store does not quality as an emergency. Reserve that money for real emergencies only, such as a sudden illness, an accident or major car or house repair. It is these unforeseen adverse events that have the potential of busting your carefully planned budget so it is important to take note of them when chalking out your monthly budget.


In short, personal budgeting basics include collecting your monthly receipts and bill statements, listing down your total expenses and subtracting that figure from your monthly net income. Remember to make allowances for everyday requirements including gas, food and other miscellaneous expenses.

Friday, December 12, 2008

Oil Price Today.

Crude Oil
$45.77
▼2.21 4.61%
2:56 AM EST - 2008.12.12


Oil price today is $ 45.77 in world market. Good news for consumers like us, bad news for oil tycoons.

Tuesday, December 2, 2008

10 Steps to Ensure Your Success

1. SET YOUR GOALS
What do you want to accomplish? Do you want a new home? Do you want to save for your children's college education? A new car? You can have whatever you want, but you must want it enough to do the things that have to be done in order to get it. Set your goals, write them down and set a target date for reaching them. Set short-term reachable goals and long term higher goals, yet don't set them too high. This will cause you to become discouraged if you don't achieve
them.Work consistently towards accomplishing your goals each day, each week and each month until you reach your short-term goals. When you have attained your short-term goals, set them a little higher each time. Ultimately, you will achieve your long-term goals. Goal setting is a must in every area of life.

2. BE SELF DISCIPLINED
Get up early each day. Get ready for your job as if you were working outside your home. Have a list of all the things you want to accomplish during the day. This will give you an organized approach to each day.It's amazing how much you can get done using a "To Do" list.


3. BE SELF MOTIVATED
Set up a schedule and stick to it. Be Enthusiastic. Enthusiasm generates its own energy. Energy and good health are synonymous with motivated, happy people -- achievers.

4. BE ENTHUSIASTIC
Positive thinking will literally be your key to success. You have to convince yourself that you can succeed at whatever you desire,because you can.

5. DO NOT ALLOW YOURSELF TO BECOME DISCOURAGED
Remember... The more "No’s" you get, the closer to a "YES" you become.

6. SCHEDULE YOUR TIME WISELY
A schedule is your roadmap to success. If you have no direction, you'll travel in circles and ultimately never reach your goals. Plan your work then work your plan.

7. HAVE A POSITIVE ATTITUDE
Success is 90 percent attitude and 10 percent aptitude. Learn the art of positive thinking. You can do whatever you put your mind to. It's mind over matter. Your attitude will either guarantee your success or guarantee your failure. You're only a failure if you give up.

8. SET UP AN OFFICE AREA
Most direct marketers work from their own homes, but it is still essential to set up a specified work area. Take pride in your business to ensure your success.

9. HANDLE YOUR MONEY WISELY
Set up a written budget. Set aside a percentage of your business income to put back into your business. This is a must. Failure to reinvest your money will result in the failure of your business.


10. TAKE CARE OF YOURSELF
Get plenty of sleep, eat right and take some time to stop and smell the roses...Be Persistent... Persistence pays off... Don't give up... Most Businesses fail Just at The Moment They Are About To Succeed... Sales is one of the highest paid of all professions. "Give a man a fish and he'll eat for a day. Teach a man to fish and he'll eat for a lifetime."

Monday, December 1, 2008

Leverage On The Social Networking Sites:MySpace

Social networking sites such as MySpace,Facebook and Friendster are popular nowadays.Social networking has created new ways to communicate and share information. Social networking websites are being used regularly by millions of people, and it now seems that social networking will be an enduring part of everyday life. We can also use social networks for advertising.
Techniques and steps needed in order to make money on MySpace:

1. Create a profile on MySpace.

Before you do anything else on MySpace, you will have to create a viable profile that will actually convince buyers one of two things: 1) you are another human being; or 2) that you are a serious, professional business. Either option is fine; however, you must clearly demonstrate either in your profile.

2. Advertise on MySpace.

This requires some start-up cash, but if you have it, it may be one of the wisest moves you make. This is especially potent if you already have a profile setup on MySpace. You can simply advertise, drive traffic to that page, add friends to your list, and then send them periodic bulletins, as if you were sending out mailings to a list.

3. Purchasing bulletins on MySpace.

This is another effective technique for marketing on MySpace. Rather than going directly through MySpace, you can find people who have large friends lists and ask them if they are interested in "selling" a bulletin to you. You can either write this bulletin as you would a solo ad; or you can use it to announce some contest, which is probably a better option.

4. Use private messages to make sales to individuals.

Private messages keep the tone somewhat more personal than a bulletin would. Additionally, you will want to use first names when communicating through messages.

5. Don't ever spam your friends lists.

Remember that commercial uses of MySpace are not exactly encouraged; however, they may be tolerated, provided that your efforts are not overt and disruptive. For this reason, you will want to remain low-key. Avoid getting flagged or reported.

Make Your Website Success

how to turn your website into online success:

• Make your site unique

• Attract new visitors and keep them coming back

• Prepare and submit to hundreds of search engines and directories
to be listed in the top search results

• Maximize your Web site promotion using meta-indexes

• Pull traffic to your site by implementing a personalized, targeted
e-mail campaign

• Develop an effective banner ad campaign to draw the right customers
to your site

• Use newsgroups and mailing lists to communicate with your target
market and build your reputation

• Hype your company in the media for increased exposure through
interactive press releases

• Increase company and brand awareness with webcasting and
rich media

• Use one of the most effective Internet marketing tools—links

• Find and use free promotion tools available on the Internet

• Develop your own affiliate or associate program

• Use permission and viral marketing effectively.