Home Business Headquarters

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Wednesday, April 26, 2006

Sell your items at cost and make a fortune on ebay!

You dont always have to sell at a profit to make a fortune on ebay. I sat down and thought outside of the ebay box and now every item makes a profit for me, even the ones I sell at cost!Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the ebay relisting fees etc.So I took a moment and sat down and thought how I could deal with these items and still make money. What I ended up doing was thinking outside the ebay sellers box and coming up with selling them at cost to make a fortune!

What I mean by this was that I was going to sell the items at no loss to me on ebay but then use the opportunity to build a relationship with the buyer that could be used to build long term profit for me. Think of it as :A loss leader without the Loss!Let me use a couple of examples:

Scenario One
Item sells on ebay for £20 profit, buyer buys the item and pays and thats the end of it. Your total profit is £20.

Scenario Two
Items sells at cost, zero profit but you use the sale as an opportunity to build a relationship with the buyer and lock them into your business. The buyer then buys one item a month (maybe more!) for a year giving you a profit of £240 (minimum).

If these are from your website not ebay your profit will be greater as you will have no fees. Over the lifetime value of a customer this could mean thousands of pounds profit…It is common knowledge that when a customer is locked into your business or product then they are more likely to repeat purchase, which is where the fortune part of the equation comes in. The principle can also be used when you sell at full price but as you are selling at a bargain price the customer is more likely to be interested in your offer as they will put your product and value into the same sentance. What I am asking you to do is to take a critical look at what the true worth of ebay actually is, is is not just in instant terms but the long term possibilities far outway the short term profits.

The question is now, ‘How do you build this relationship?’There are a number of ways but by far the most successful that I use is by using a simple email!!! No harder than that this building a relationship idea…Once the customer has bought my ebay item I send a simple receipt via email thanking them for thier purchase and making them aware of my website and offering them the opportunity to join my mailing list so that I can contact them with furthur offers they may be interested in.

I make it very clear that I have no intention of flooding them with spam and give them the choice of the number of times they will be contacted in a month. This has two effects, they gain trust in your professionalism as you are seen not to be just harvesting emails and it also makes them feel in control as they set the frequency of contact.

It does mean that I have to operate a number of mailing lists but this is a small price to pay to lock customers into my products. The majority of my customers (approx. 90%) join the ‘1-4 times a month’ list which is great as this means that I can contact them once a week with offers if I needed. This is a frequency that I feel is adequate to maintain the relationship between me and my customers as I am not seen to be spamming them but still seen to be offering products of interest to them.It is also important to note that I do not always send out one mailing a week as it is dependent on the product you sell as to whether the customer would want to purchase once a week. I believe greatly in the relationship that I have with my customers and can see the long term benefits of maintaining this and therefore I refuse to jepordise it for a quick profit.

A point to remember, if they choose not to take the opportunity to join your list then do not keep emailing them. this is SPAM and will do no more than tarnish your company, website and products image in the eye of the buyer.

What I am saying is Think outside of the ebay box, ebay offers a massive opportunity in terms of potential customers and long term profits as opposed to short term profits.How much would it cost to get the number of page views, that ebay listings get, on your website using your own traffic generating methods, use ebay and use it good.



Author Info:
Mike - Webmaster and ebay Power Seller
http://www.onlineauctiontrader.com Online Auction Trader - an ebay sellers bible.

Tuesday, April 25, 2006

Best Internet Marketing Strategies- Part I

by: Christian Del Monte

Researching the best Internet marketing strategies is a bit of a task. Why? Because most Internet marketing companies don’t want to share their strategies with you! Instead they want to sell them. So scouring the Web usually leads to lose ends and service puffery. So what are the best Internet marketing strategies?

Well honestly, the question itself is flawed. Lets think about it. What works best for one, doesn’t necessarily mean it will work for another. So lets start with the basics, shall we?
What exactly is your business model? Are you selling a product? A Service? Or trying to promote an affiliate? If you’re trying to promote a product or service, generally speaking your strategy will be very similar. If you’re an affiliate, that is one that is promoting a product or service that you don’t own, the basic strategy is related in that you are still trying to promote “widgets”, however your web strategy will be fundamentally different. Lets discuss products and services (part I). We’ll discuss affiliate-marketing strategies more in detail in part II of this writing.

Products and Services
If you’re trying to promote a product or service, we must first look at its stage in the product life circle. (I know, you didn’t want to get the marketing book out, but we are!). If you’re offering is in the midst of the introduction stage, the need has not been fully identified yet, even though one may exist.

This is important because most Internet marketing experts will tell you to start with “xyz” no matter what your offering is. Generally (PPC) or search engine optimization (SEO) being the culprit. The reason is usually their general effectiveness. Yes, search engine marketing is effective. No two ways about it. However may not be best if no one knows that your product is in existence. If this is the case, you might be better suited for some push strategies such as:

1. Press releases
2. Display ads (banner)
3. Articles
4. Podcasting
5. Traditional push vehicles such as radio or TV

If your product offering is in the growth or maturity stage, search engine marketing can be highly effective. When considering search engine marketing, here are some basic items you may want to evaluate when creating your strategy:

1. Budget
2. Regionality of market
3. Target audience
4. Core competencies
5. Website (functionality, ease of use, and conversion friendliness)

Budgeting
Without getting into great detail into each item, budget comes to mind for most. On limited by budget, determining what to spend your money on can be a daunting task. I recommend that even the most budget minded start with pay per click advertising. My reasoning is that you can easily test the business model before you devote massive financial resources to it. In addition, if your paid advertising strategies soar, this can be a great guideline to base your search engine optimization efforts on.

Regionality, Target Audience, and Competencies
Regardless of budget, your website should include a regional focus (if applicable) and speak in a language that resembles your target audience. In addition, content is best utilized if it describes your core competencies that give your visitors a reason to buy from you.

The Website
Website functionality and ease of use are a good foundation to any successful strategy. As a general rule of thumb, your website should be in keeping of your competitors and direct the target audience to the action you would like them to take. The KISS principle (i.e. keep it simple stupid) cannot be overstated enough in the above items. Concentrate your efforts on benefits to the end user and you will reap rewards of victory.

Search engine marketing nevertheless, does have limitations such as:
· Low regional search traffic resulting in slowed results
· Local targeting issues (which at the time of this writing is being best served by Google)
· Keyword targeting issues
· Budget constraints
· Competitive saturation

Shortcomings Of Regional Traffic
Regionally based strategies may fall short due to low search volume followed by targeting issues. Currently, Google paid advertising does offer some great local targeting tools due to their unique ability to target end users via their IP address. Yahoo! on the other hand, relies on local keyword filters that are based on cities that you include in your service area.
Whether you decide Google or Yahoo! as your regional search partner, you will likely find that some industries suffer from low traffic volume.

Keyword Targeting Issues
Keyword targeting issues arise when a keyword either has multiple meanings or the market is sticky to a particular offering within the keyword scope. For example, the keyword “marketing professionals” could imply a business looking for one or an industry professional looking for a job.

In the case of keyword stickiness, the website owner can find the market stubborn to buy its offering if its not tailored to the masses. For example the keyword “pottery” could imply any price range. However, if 99% of the market is looking for pottery priced from $1-2 and your selling exotic pottery for $500 a pop, you may find yourself paying too much for what the market doest want.

Budget Constraints and Competitive Saturation
Budget constraints are pretty self-explanatory and are usually tied to competitive market saturation. An interesting fact about search engine marketing is that keyword prices are typically tied to market ROI. In addition, industries that are tough to compete in generally have a high ROI arbitrage model to blame.

You probably have run across a few of the Websites in question yourself, such as the “Fill out xyz for 4 free quotes” or travel websites. Those companies can afford the high keyword costs due to the fact that they are reselling the same “xyz” to multiple vendors. This in effect makes it very difficult for companies marketing exclusively to compete against the giants.

In Summary
The above only describes some basic guidelines for effective Web marketing strategizing and is in no way intended to be the “law of the land.” However, what does come to light is that basic marketing strategies are the foundation for triumph in almost any business model and cannot simply be “cookie cut” from one grand Pooh-Bah of all online mediums. The best strategeer’s will continually employ new, measure results, and refine their strategies according to what provides the greatest overall benefit. If your looking for the best internet marketing strategy, scour the web no longer, because the best Internet marketing strategy lies within your grasp.

Now its up to you to sell them!


About The Author
Christian Del Monte: creator of
http://www.iblogmarketing.com Internet Marketing Blog and Director of Operations for http://www.tmaemarketing.com is a well-respected authority on Internet marketing.
cdelmonte@tmaemarketing.com

Saturday, April 22, 2006

Starting a Profitable Home Based Internet Business

by: Alan Ocab

People choose to work from home for several reasons including the desire to stay home with their children, the need for extra income, or simply being dissatisfied with their current job. A home-based business will provide you with an exciting way to earn money and be your own boss. Numerous opportunities are available to internet marketers.

When starting your home-based business you should develop a business plan and research your options thoroughly. Don’t get dragged into unrealistic claims by various people that let you start
without a plan and expect thousands of dollars every month. Making wise decisions and following your business plan each step of the way can help you in creating a steady stream of income. Starting a home-based business will require hard work—real hard work. You will not become wealthy over night. It will take determination to succeed as an internet marketer. The amount of money you make will be directly related to the amount of work you are willing to
do.

Joining affiliate programs is an excellent start. There are affiliate programs that will automate everything for you. The learning curve is shortened. There are also other internet marketing offers that will create a steady income if you are willing to make the effort. Many of these
opportunities require an initial investment from you and others are advertised as free. Do a careful and systematic research of these internet marketing opportunities. As an internet marketer, you will have to distinguish yourself from the competition if you want to succeed. You should know your target audience and what they want, know your competition even better.

Know the latest technology that will help you in your business. Many internet entrepreneurs overwork because they do not use the right tools or technology in running their businesses. Planning, hard work and smart execution will make your home-based business a success and provide you with a steady stream of income.

Starting a home-based business is one of the most exciting and challenging endeavors you will ever undertake. A sound business plan and the will to succeed will set you apart from the
competition. Choose the products or services you provide carefully. Make certain your services will be needed over the long term and make customer service your top priority. A loyal customer base is the key to the success or failure of your home-based business. A home-based business is an excellent way to gain independence and financial freedom.


About The Author
Alan Ocab is the CEO of
Grandstart.com, a company helping people start profitable internet businesses. Visit his site at http://www.grandstart.com.
alan@fortboni.com

Tuesday, April 18, 2006

Seven Steps to Starting a Successful Business

Starting a new business can seem like an overwhelming task when you first make the decision to be your own boss. We all have a tendency to look at the big picture and realize we have no idea how we’re going to do what we’re setting out to do. And we also seem to find that, along the way, more things come up, making the whole process more complicated than we ever anticipated.

Well, a little daily action – baby steps if you will – will help your big idea start small and grow. To get you going, there are seven steps that have been that starting point of many new business ventures. What’s more, you’ll find yourself referring to these seven steps as you progress to remind yourself how you started and where you plan to go.

1. Set a goal. It seems like a no-brainer, but many people only have a vague idea what they want to accomplish. Be specific and write it down.

2. Build capital. They say it takes money to make money and you’re going to have to come up with some to start your venture. If you have access to new business grants or loans – great. It’s less pressure to work with OPM – Other People’s Money.

3. Start part time. Keep your day job while you figure out the ins and outs of your new business. Work your new business like a second job – except one that you actually like.

4. Your own business school. You’re going to have to teach yourself the fundamentals of
business if you don’t know them already. And if you do, you’ll find the more you know, the better. So take some time to educate yourself.

5. Be flexible. There are many ways to get from L.A. to New York. So remember there may be more than one way to meet your goal. Be flexible and adapt to changes. You may find a better route than you planned – or even a better goal.

6. Be persistent. Have a daily method of operation (DMO) and stick to it. Don’t let the nay-sayers detract you from your belief.

7. Never give up. People don’t succeed because they fail – they don’t succeed because they quit. It’s been said that the greatest risk is not taking one. Winners never quit and quitters never win. Keep going until you achieve your goal and you will meet with a success beyond what you ever imagined.


About the Author:
Dylan White has run three different and successful home based businesses and now operates the Home Business Headquarters which is updated regularly with information and links for home based business entrepreneurs at http://homebusinesshq.blogspot.com.

Monday, April 17, 2006

Earn more and be Financially Free through Network Marketing

People have been finding ways to make money to make life easier for them. Money that can help them support their lifestyles and provide for a comfortable, worry-free existence.

People have been finding ways to make money to make life easier for them. Money that can help them support their lifestyles and provide for a comfortable, worry-free existence. Different approaches have been mixed with different reactions. While some are willing to take more risk than others, it is these risk takers who usually hit the jackpot.

Many businesses have been founded with the pain of many burned attempts to strike it rich. When the internet boomed in the early nineties, everyone wanted to get into the action. Eventually when the hype went down, many investors got dragged along but some made a fortune. While there were some casualties, those that made success made it good because they were willing to try something new. But still, the internet is still a good venue in making money, although not as profitable as before, one good idea can still provide you a good income. All you need is determination, self-discipline, a good product, a computer and an internet connection, a little business know how and computer literacy won’t hurt either. Ecommerce has been all the buzz lately, with the convenience of the internet in bringing people closer, selling your products and services has become easier to do with large numbers of potential customers.

One of the businesses that made its mark is the network marketing or also known as the multilevel marketing. Even without the internet, network marketing became a huge hit already, albeit the different types of reaction from the consumers. In a nutshell, network marketing is a form of offering your products and services via distributors. Anyone can be a distributor, when you are one, you can get income from selling your products as well as for recruiting other distributors. You also receive commission for what your recruited distributors sell and for what their recruits sell as well. This is called the downline of the original distributor.

With network marketing, you are not dependent on others or to a boss. It’s like you franchised your own line of the business. The amount you will receive depends on your diligence and commitment to your network. The more products you sell the more commission you make and the more recruits you have the more commissions you will have from them. With enough recruits, you could just wait for your commissions from their sales. With network marketing, you get a free reign on how you run your business. Also you get financial freedom and would be able to impart these with other people. You can get your friends and family to join in on the business and watch each other grow businesswise. This is as valuable as the profits you are going to make.

But like all businesses network marketing is not without its risks. There is no guarantee that it will succeed. But many have, so this all depends on your willingness and the product being marketed. Look for products that are used everyday by people. Or, try out a product that is new and innovative, try to see if it has a potential by test marketing the product or the service which is rendered. Check if you yourself would use it. You must be very knowledgeable about your product because people are going to ask questions about it, and that’s good. If you get the curiosity of the people, chances are they are interested.

Network Marketing doesn’t grow overnight. Be patient that is one of the beauties of network marketing. Your marketing strategy is done by word of mouth. The more people you recruit the better the chances to saturate the market with information about your product. You don’t have to spend oodles of dollars for big TV ads or newsprint ads. Add the internet into the picture and you get advertising in which tens of millions of people could see allover the world. Many people think that network marketing is wrong because you’re just setting up other people to compete with you. That is not the case. What you get is a sales force and free advertising. You will still get a percentage in their sales while cutting down on your own personal selling time.

Network marketing promotes teamwork, partnership and ties to the community. With Network marketing, there are no real losers.


About The Author: For free information on how you can make more money with your home business goto: real-work-at-home-business-online.com

Saturday, April 08, 2006

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Friday, April 07, 2006

What is Mystery Shopper?

There has been a pretty unknown job that brings money and freedom to many people. Well, it doesn't bring financial independent but it does free a person's time and earn the same amount of money as if they are working full-time.

Introducing: Mystery Shopper

What exactly is a "Mystery Shopper" or "Secret Shopper"?

A "Mystery Shopper" or "Secret Shopper " is someone who is hired by an establishment to pose as a customer and secretly report back to the owner how the service was, or other details that are requested. The person is then paid for the assignment and sometimes gets reimbursed for their purchase, meal or other things.

Establishments include but are not limited to: Department stores such as Target, Wal-Mart, Gap and Radio Shack. Restaurants such as Taco Bell, Jack-In-The-Box, McDonald's and Olive Garden. Fun parks such as Six Flags and Disney World, and Carnival Cruise Ship lines are looking for Mystery Shoppers like you.Many people have made Mystery Shopper a full time job, while others prefer part time. You decide on what assignments you want to take. Many mystery shoppers are earning between $10 and $40 per hour just for having fun. This is perfect for Stay at home moms, college students as well as the retired.

This opportunity is not limited to just women. Many men have been successful mystery shoppers.


Author Info:
Joseph operates an online resource providing mystery shoppers an avenue to locate more companies to hire them for mystery shopping tasks. You can read more about the resource at:
http://www.mysteryshopperresource.com, the place for Mystery Shopper Resource

Sunday, April 02, 2006

How to start Greeting Cards Home Business

Do you like to create pictures and designs, or writing? Do you love to look at the greeting cards in your local stores? Then a greeting cards home business could be for you. This is a business with incredible growth, and income potential. It also gives the greeting card home based business owner several options in the business itself.

A greeting card home business opportunity can have you doing only one part, such as drawing or writing. This same business can be selling e-cards or cards sold in stores. It could also entail purchasing a territory from a larger card distributor. The first step in how to start a greeting card company is to decide what part of the greeting card business you want to focus on. As a freelance greeting card artist, you would focus only on designing cards for other companies. There are costs associated with this option and could include the purchase of a computer and graphic art software if you don’t already have these items.If you decide to be a freelance greeting card writer, your home based greeting card business would focus on only writing the phrases to be used on greeting cards. For this, you only need a computer and quick turn around time.

Of course, you can always freelance as both a writer and artist. To get jobs you must contact companies to see if they are in need of freelancers. They pay from $50 an assignment to several hundred dollars per assignment. However, until you build up a portfolio of samples, and sometimes even after, jobs can be hard to find.Another option is to purchase a vending route from a larger greeting card company. This route becomes your way of starting a greeting card company. You are required to keep current clients stocked in cards, replace old cards with new ones and get new clients to build your income. You have start up costs that can run from several hundred to several thousand dollars in inventory. However, when you take the cards to the clients, you receive your payments right then.

If you want to start your own line of cards, your greeting card business plan would focus on all aspects of greeting card businesses. You will design and write each greeting card inside and out. Your creative freedom would not be hindered by someone telling you what they want. You would make all the decisions and it would truly be your greeting cards business.Being a greeting cards home business owner would make the internet your best marketing tool. You wouldn’t be able to compete with larger greeting card companies, so you will want to create a special niche for your cards on the web and in small local stores. This option requires research before beginning the creation of cards for your greeting cards home business. You will need to price printing services and software. Once you have these ready, you can being creating. Go ahead a start creating cards, but at the same time, think of a name for your greeting cards home business and create a website.

Websites are very easy to create, depending on the provider you decide on. Research domain name registries and web site providers. The more web pages and information you want to provide will influence the charge of the web site. A greeting cards home business web site should be able to be effective without many extras at first. The extras can come later.

Once your website is ready, put pictures of your cards and ordering information into it. If you create the web site yourself or pay someone else to do it, make sure the site is search engine optimized. This will bring more people to your greeting card web site and start selling your cards.Since some people like to hold cards and feel their quality before purchasing, it may be best to have your greeting cards home business web site offer one free card, or one free sample package per household. This gets your cards on the market and helps drive customers to your web site. Also, consider creating a special “Thank You” card that you personalized by you for all inquiries and orders. This is another way to let people know the quality of your cards.Have the cards printed as the orders come in to the web site. Offer personalized cards to increase sales. Make sure you have plenty of designs for each category. You want your greeting cards home business website to look full, but not cluttered.

You now know several of the options available to start your greeting cards home business. Now all you have to do is to decide which is the best option for you. This business can grow to be as large or as small as you want it.


© Copyright Randy Wilson, All Rights Reserved.
Author Info:
Randy is owner of
http://www.profitable-home-businesses.com where you will find further tips on starting dozens of profitable home based businesses. Randy also owns http://www.planning-a-baby-shower.com.

Saturday, April 01, 2006

Make Money Online - Defend Against The Latest Scam Part 2

First, let's do a little recap'. As I stated in the first part of the article, "Make Money Online - The Latest Scam Disclosed", "refund policy scammers" affect the websites that make money online by selling digital products by buying the product and asking for refunds, while keeping the product.Now I will give you some solutions you can choose from. But, unfortunately, all of them have some bad consequences, aside the good ones. The best piece of advice anyone that makes money online can give you is testing.

First, the obvious solution: get rid of the refund policy. This way you won't have problems with these scammers anymore and you can continue to make money online without them bothering you. The bad thing is that this solution might reduce your conversion rate, but like I said before, test. You might be surprised of the results and see that the conversion rate stays almost, if not the same as you had before. This has happened to others. Next, I will give you some tips to increase your conversion rate if you decide to go with the no-refund policy and thus help your make money online business.

One thing you can do to help increase the conversion rate, sometimes even more than it was before you got rid of the refund policy, is to place a text just before the order form telling people that you don't have a refund policy because of these scammers and you don't want your product to end up on their hands. This actually worked out great for others and they made had more sales than before.Another thing, probably the best, is to use trials for both software and e-books. For e-books, just give them few chapters for free and, if they like it, they have to buy it. Some gave away one quarter of the e-book itself, others even one third. This is a great way to build up credibility. You can even state on your sales page, if you use clickbank for eg., that clickbank reads your e-book to make sure it's all in order before it's put up on their website. This way you kind of reassure people that they will get what they pay for and not just those chapters you give for free and the rest...crappy content.

There is yet another thing, but this, in my opinion, can only be used by people who already have a rather high credibility on the Internet (and probably know this already :) ). The thing you can do is use testimonials instead of refund policy. It works out great for the majority of make money online business owners.Another solution people thought was a software to disable the product in case of a refund. But this might work with software, but definitely not with e-books, because they can easily be copied to another text document and, in the end, the scammer still ends up with it. This solution is still debated, because, from what I understood, at the moment, there isn't any software that can't be easily cracked.

Well, that's it. I really hope this will help you make money online and defend yourself against these scammers in the same time.


Author Info:
Online Internet Marketing & Home Business Resource Center Make money at home with our unique money making opportunities.