One thing I do is have websites that are set up in lower competition niches where the items typically aren’t as expensive and where it’s easier to sell these products in larger quantities ($50 or less). Then I have other niche sites that sell more expensive products at much higher prices ($XXX – $X,XXX) that are sold less frequently. So this way I get to use the increased quantity of sales from these lower priced product websites to help me get up into higher payout brackets so instead of making 6% on that high end item I’ll get 8% instead.
This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
About the list, this is extremely helpful. I know some coaches who are already earning a lot of money and would choose to get paid for the information that they know but you, you choose to share it to everybody else free of charge. Be a proud brethren of Christ because this is his very attitude. I say this is an act of love. May it be returned to you and your family a million fold.
I knew this was going to be a difficult article to write because if getting paid today was really that easy, everyone would be doing it, wouldn't they? Still, I have put forth my best effort, coming up with all the realistic ideas I can that could potentially result in getting cash with little to no waiting, without having to have any money upfront. Keep in mind these are not fool-proof and may or may not work for you.
For example, iStockPhoto.com, owned by Getty Images, requires you to apply to be a contributor. You can submit Photos, Illustrations, Video and Audio but you will need three samples of your work. If accepted, you'll be paid a 15% commission for each file downloaded and if you agree to be exclusive. If you make iStock your exclusive royalty-free agent, you can earn up to 45% with additional attention.
Online savings accounts usually come with crazy good interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). We’re fans of CIT Bank and Discover Bank (among others) because their interest rates are often over 25 times the national average. That means the money in your savings account will grow 25 times faster than the pace it’s most likely growing at now. Really, though, you can’t go wrong with pretty much any online savings account that offers over 1.50% APY 🙂
Chris is right….i have seen this article 8 moths ago, after searching the net for how to start a online business without investing to much money. Since then i have made an amazon site and are making some money already. Make sure you find a SEO expert when doing this if you are not one, if you dont know SEO you will end up with a site with no visitors. Thank you Chris for your time and info.
Excellent article Chris! This will help me out a lot. I am a new author through amazon and my book is also being sold through KDP Select (The kindle option worldwide) but regardless of my advertising on my Facebook page, which cost money, I do not seem to be getting anywhere. With Amazon Associates, is it totally free and no cost to you or do you pay a fee over a certain amount of time. Also if you have any tips on how to get a book out there that would be excellent. My book is being sold at Books a Million, Barnes and Noble, and Alibris. I plan on doing a book signing at Barnes and Noble in hopes it will raise awareness of my book.