Great article, I currently have a blog and website that I monetize with Adsense. However, I would really like to increase my revenue so I’m looking for ways to do so that will not violate Google’s TOS. Can you please offer me some insight? The money I make from Adsense used to be 1,000-1300 now it has decreased significantly 600-700 if I’m lucky. I really need help because I am not in a great place with my business, well I’m not where I want to be and doubt, and frustration are almost about to defeat me when I have come so far. Can you email me or reply here with suggestions. Thank you in advance and for your insight. I honestly need it because I do NOT want to throw in the towel.
Good starting list! I appreciate the idea of establishing a small income stream that may compound into substantial revenue in the future. The same principal applies to investing and anyone that believes there is not work involved or that you can get rich quick with little effort is greatly mistaken. I have owned/sold several successful businesses, none of which were built over night or the easy way – long hours are mandatory for any business and you can forget about “The Hourly Value of Your Time” – that’s an employee mindset.
If you read the article you will see that the £7 cap isn’t the only problem we have in the UK. I have shown a comparision between the .co.uk and the .com Amazon sites with respect to how many items you need to sell to increase your commission percentages, and once you have sold 7 items you are definately winning with the .com Amazon compared to the .co.uk site.
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Ebay is a bellwether. It's been around since nearly the start of the online boom. But, like any other platform, success can seem fleeting if you don't know what you're doing. Selling items on eBay, professionally that is, can be an art form. Getting people interested in your auctions isn't always easy, especially when there's hefty competition and low demand for what you're selling.
Consult on social media: If your savvy with a number of social media platforms and know what it takes to gain followers and get posts noticed, consider selling your services to small businesses and organizations. To find out what’s involved in doing social media consulting work see: Become a Social Media Consultant, a 12-Step Guide and What to Charge for Social Media Work.
Retain some control. If you upload photos of yourself, or friends/family with consent, it's worth going for the 'rights managed' licence option – otherwise you'll have little to no control over how your images are used (eg, you could star in an ad for haemorrhoid cream). See Alamy's page on understanding stock image licensing for more on the different types of licences.
#3 – Facebook groups – I think we have all seen the Facebook local “yard sale” groups where people post used clothes, electronics, exercise equipment, vehicles, and all kinds of other things to sell. Join a group like this if you're not already in it and post something you know others might want. If it's an attractive item accompanied by a good picture with an equally attractive price, there's a great chance you'll get a local buyer the same day you post your pics.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
The two popular ones are Poshmark and TheRealReal. Both make it dead simple to sell (and buy!) luxury items. The RealReal will pay you 60% of the sale price (more if you sell a lot) and Poshmark has a tiered commission structure. Sale prices under $15 pay a $2.95 flat fee and everything else is just 20%. Tradesy is another company and they take just 9%.