5 Quickest Ways To Massive Windfalls Of Cash Online
By Ewen Chia 15 Comments
These days everyone wants to know how to make money online.
Yet, for some, this lifestyle seems out of reach. Does this describe you at all?
If you've been banging your head against the wall trying to figure out the quickest and easiest methods to generate cash for yourself online, then these five tactics should have you opening your eyes wide and wondering: 'Why didn't I think of this before?'
Cash Tactic #1: Affiliate Products
Affiliate products offer the small, home-based business owner the opportunity to make truckloads of cash, while investing a minimum in over head.
Low overhead is the primary benefit of affiliate marketing. You don't need your own merchant account. You don't need to pay a web designer and programmer to create a huge e-store for you. You don't handle customer complaints, refunds or returns...
All you do is refer the prospect to the merchant's site, and the merchant handles the rest.
I believe the best affiliate products are information products. Your commissions on information products tend to be higher simply because the author can price an information product higher than what the average shopper spends on a tangible product sold online on a typical day.
This is because the value of information is ambiguous at best, and subjective to how the prospect sees value. People are willing to spend much, much more in order to acquire a solution to their problems.
Cash Tactic #2: Resale Rights
Resale rights are the lazy marketer's salvation. You don't have to create your own product. You don't have to write a single word. You may not even have to lift a finger on sales page creation when the resale product comes with a ready-to-upload sales page.
All you do is pay the licensing fee to acquire rights to the product, perform a small amount of editing to change the payment link over to yours, and upload the sales page and product file to your web server.
The trend is taking a turn for the better in 2005 while the marketing world goes through its latest 'next big thing': niche marketing.
Today, you can find products with resale rights for such things as cooking, golf, arts and crafts, self-improvement and more.
Seizing on the profits promised by demand for niche products, there are dozens of new authors out there who have devoted themselves to turning out these niche products, and offering them with resale rights.
Cash Tactic #3: Special Reports
A special report is a 'mini e-book' of no more than about 5 to 12 pages in length. While you can certainly create a mini-ebook that sells (provided the information it contains is perceived to be valuable enough), the best use of a short report is as a lead generating tool for your affiliate campaigns.
The mini-ebook is the ideal viral tool. You create (or acquire) a mini-ebook which is branded with your affiliate links and/or your main URL.
The focus of the report should be niche specific and completely focused on the pre-selling of the affiliate product.
Cash Tactic #4: Interviews
It's a piece of cake to churn out products created from interviews. In fact, it may be one of the laziest content generation methods available.
Interview packaging is easy, too. You can present the interview as a written transcript, an audio transcript, or both. You can offer a downloadable mp3 file or you can burn the entire interview to CD, put an attractive label on it, and instantly raise your price by at least 30%.
Cash Tactic #5 Teleseminars
Do you want to know something interesting about teleseminars?
While they're becoming a popular marketing method, the field is really wide open for you to cash in on them because very few marketers understand how to pull them off.
A teleseminar requires advance planning and a willingness to overcome a bit of stage fright. The average marketer in competition with you avoids teleseminars for these reasons.
They're intimidated by the idea of showing up on time and speaking, even via telephone, to an audience of a couple hundred people.
You can cash in on this technique in a big way. Teleseminars, right now, are popular mainly among the internet marketing crowd and tend to focus on marketing-related subjects; but, just imagine what you could do if you held teleseminars for non-internet marketing niche audiences?
The field is wide open and vastly under-exploited.
There you have it - five quick and easy methods to generate windfalls of cash online!
It's really amazingly simple, isn't it? Every tactic is really just a vehicle of delivery for an idea. Your profits begin in an idea which spawns market research. This spawns an analysis of the best approach for delivering your idea to buying public.
While there are many more secrets and techniques to generate massive cash windfalls from the internet, as a start, you should put any one of these methods to good use.
I promise that you will finally get a taste of what it's really like to succeed wildly online if you do so!