And Even More Money Making Methods Part 3

You can equally make tidy sums of money flipping expired domain names. Now for those of you beginners that don’t know what a domain name is, a domain name is the address you type into your search bar that points to your website. It usually starts with a ‘www.’ and ends in a “.com, .net, .org, or .biz” and so on. There are tons of them. Domain names are bought from registers for a set period of time, usually 1 year or 2 years at a time. An example of a domain name is www.ejeksrecommends.com.

You might ask: what is an expired domain name? This is a domain name that the owner failed for some reason to renew after its initial purchase period came to an end. When this happens, that particular domain name becomes available for anybody to buy and build a website around.

Now you may wonder: what’s the value in an expired domain that the original owners failed to renew or don’t need any more? You see, when the original owner registered that domain name, he or she had plans for it except in some cases some people might buy a domain for just a quick sell of their product and that is all. So if he or she built a site around that domain and promoted it and built back links to it, then this domain will have some traffic still attached to it. That traffic is what makes the expired domain names valuable. So when the new owner buys the domain, he or she will be able to rank in the search engines faster than if he or she was working with a brand new domain. So all you need do is to find these expired domain names and sell them to people that want them for their inbound links and residual traffic still attached to them.

Most of these domains are very inexpensive: around $10, $20, or $50 and you can sell them for $100, $500, or even a thousand dollars depending on how lucky you are to find a really valuable one and how you go about your promotions. There have been people reported to have built multimillion dollar businesses around just finding and selling domain names. Some domain names have been reported to have been sold for thousands and millions of dollars. Will you be lucky enough to find such domains? Maybe! More than likely you won’t but with good research you can still find good valuable domains that you can sell for a really good amount of money. You need to bear in mind, though, that not all the domain names you find will sell; you will generally lose money on some, and that is where the Fast Flipping Formula (FFF) comes in. This is a formula developed and made popular by a noted internet marketer, speaker and entrepreneur, Bob Gatchel

With this technique, you can find and sort the domain names in a matter of minutes, and your chance of hitting a home run with a domain name is increased drastically. The Fast Flipping Formula can be done in 4 steps:

Step 1 - Find the Domain Names

Here, all you do is to find the domain name. You go about this like you are mining for gold: you need to sift through the dirt and rubbish to find the gems buried deep inside. The best place you can find these domain names are at a website called networksolutions.com. When doing your search, you will need to arm yourself with the right keywords that are related to the niche you want to market; otherwise, you will be flooded with thousands of domain names, making sorting through them hell on earth. So with these five or seven keywords, you can put them into the network solutions search box and push the search button, and you will be presented with a few hundred domain names which you can then easily go through.

But before doing that, you need to bear in mind that there are four key criteria that you need to follow in order to be able to do your sorting and sifting accurately.  These four criteria are:

1.      The domain names must not contain numbers, e.g. 123stomachabs.com. These are generally useless; people put the numbers when they can’t get “stomachabs.com”.

2.      The domain names must not contain hyphens, e.g., stomach-abs.com. Again, these kinds of domain names are cheap and do not sell very well in the market.

3.      The domain name must not exceed 24 characters in length. The shorter the better and the more valuable it will be. This helps to prevent spelling errors when people are conducting a search, it is easy to remember, and will not cause typing fatigue.

4.      The domain name must end in a “.com” only, no “.net”, “.org”, etc. These are generally not valuable and won’t sell in the market place.

So with all of that criteria entered into the network solutions search system, you can push the search button, and the system will present to you hundreds of domain names. Next, all you need to do is cut and paste these domain names into a text file. Then, you go to godaddy to see if these domain names are available. This is because the system is not perfect; you can be presented with domain names that are still in use due to a system error. This takes just five seconds on a godaddy bulk search tool and will help to reduce the total number of domain names even further.

Next, you will want to do what I call a sanity check: take a look at those domain names and ask yourself if they stand out to you, do they sing to you, do they make sense, and/or do they have a universal appeal to them? Would any one of them be a domain you would like to use as a website name for your business? This will further reduce the total number to probably 4 or 7 domain names.

Step 2 Acquire the Domain Names

You can just buy the domain names directly from godaddy.

Step 3 Sell the Domain Names

The next thing you do is sell the domain names. You can sell them on eBay. You can set the auction and start the bidding price at any amount you like but check what others are doing so you don’t stray far off and be the odd man out. You don’t want to price the names too high or too low.

Step 4 Transfer the Domain Names

This stage is very easy: you just pick up the phone, call godaddy, tell them you have sold your domain name, instruct them to initiate the transfer to the new owner, and that’s it.

More Online Money Making Methods Part 2

The aforementioned are not all of the different ways one can make money online. In fact, there are tons of them: some good, some not so good. I will discuss in this section some other nice methods for you to get your hands wet, get things rolling, and get a feel of what it actually takes to make a dollar online; and then scaling it to tens of thousands of dollars. The following are also just some of the online money methods out there that you might consider as well. Just remember that it takes patience to see any real results, and it’s usually something you’ll want to start out doing part-time (as the rewards can be small at first) and then build from there. I always tell people to try to make the first dollar and then build on that.

Take Surveys

One way to make money online is to start taking surveys. There are numerous companies that will pay you to take simple surveys. Most surveys won’t take very long to fill out, and you can do these in your spare time. The money you gain will be minimal to begin with, but you can get larger payments on occasion as well as rewards and other compensation. Plan to do several surveys before you see any real results.

Sell Photographs

If you are good at taking pictures, there are numerous sites online that will pay you for your photographs. Simply post your photographs on these sites and when someone buys an image, you’ll get a royalty. If you have a significant photograph collection, you can make a decent income doing this. Your results will be slow to start out but the more images you provide that are high quality, the faster the income will accumulate.

Write Articles

Many websites, blogs, and magazines require articles online. Article writing is a simple way to begin making money online. You need some decent skills in writing to see any real results from article writing, but there are plenty of jobs out there for you. Plan on making small amounts of money to begin with, but the results down the road can be well worth the initial effort. You may also get noticed by other people who are willing to pay you more for your work.

Display Advertising

If you own a blog or website, you can make money from displaying advertising on the site through sites such as Google AdSense. When someone clicks on an advertisement on your site, you are paid a royalty. Many website owners make a significant income from AdSense. This will only work if your blog or website is already quite established online as you need a great deal of sustained traffic to see any big numbers from AdSense.

Produce Videos on YouTube

Another way to make money online is to produce videos and put them on YouTube. This video content site is one of the largest sites online and gets millions of visitors each day. By placing your videos on this site, you can take advantage of this traffic and make money from the Google advertisements placed on your videos. The more traffic you get, the more money you have the potential to make. Many people make a full-time income with YouTube as the traffic numbers on the site are staggering.

Complete Micro-Jobs

Many sites such as Fiverr will pay you to do small tasks such as create articles, provide website traffic for someone, or make a video. This site allows you to set the job you want to do and once the task is completed, you get paid for it. This can be an easy way to make money if you have tasks that don’t require much time for you to complete. Micro-Job sites don’t pay you a whole lot of money, but there’s the potential to make more money as you can add extra features to your job for more income per task after you have been on these sites for some time.

Provide Freelancing Work

Another way to make money online is to become a freelancer with whatever skills you have such as writing, website creation, programming knowledge, editing, and so on. Sites such as oDesk and Elance will pay you to do freelancing jobs. All you need to do is bid on a job and if the employer accepts your proposal, you can begin the work and get paid once it is done. If you have good skills, you can make a full-time living on these freelance sites especially if your skills are in high demand.

Provide Customer Service

Online you can make money being a customer service representative for some company. Sites such as workingsolutions.com will hire you to do customer service for them. Your pay will be minimum wage, but you can make a small part-time income doing this if it’s something you would like to do. This isn’t a job for everyone since you’ll have to deal with the public, but it can be something worth doing if you need the money.

Perform Odd Jobs

Through websites such as Twitter and Facebook you might be able to connect with people who need some odd job done such as a blog post, article, or something similar. As long as your skills match what they need, they might consider hiring you for a low fee as it’s easier than trying to hire someone in the “real world”. Small data entry tasks are an example of odd jobs you can do online.

Provide Typing Skills

If you have blazing fast typing speed, you might find work online typing transcriptions such as medical billing and other work. You can make a decent income doing this type of job; however, some jobs require that you have some type of medical background/knowledge before you can begin typing medical transcriptions, but there are other transcribing jobs available, too, if you look for them.

Provide Tutoring

You might find a job online as a tutor if you have the right skill set. For example if you have skills as a musician, you might tutor students directly online instead of going to a music school. Other tutoring jobs can include regular school classes and other areas such as cooking, health, or Internet marketing. The tutoring job you take will all depend upon your skills.

Those are just some of the examples of jobs online that you can do, and I call them “Skimming the Surface”. Don’t try to do them all; just pick one and run with it. Most of all, make sure you take action. All of the techniques discussed above can be expanded, enhanced, and turned into great systems if you will just give yourself a chance and try.

Just remember, like I said before, that most of these J.O.B.s will be part-time for the most part but don’t get me wrong: it is possible to go full-time as well. But in order to do that, you need to build a really strong system around any one of the J.O.B.s you chose to pursue; otherwise, they will simply become just another kind of J.O.B. for you.

However, having a J.O.B. online as opposed to regular 9-5 J.O.B does not have to be a problem if you can keep your focus and constantly remind yourself that it’s only a means to an end. Performing these J.O.B.s will afford you the time you need to learn all of the business skills that you will need when you are ready to launch your own business.

The reason I say part time is, in my own opinion, you can use the free time that you gain by doing these J.O.B.s to learn more about building genuine business systems. I will discuss more about this in the next chapter.

 

Ways To Make Money Online Part 1

Craigslist.org (CL) is probably one of the most trafficked websites on earth. This is a free add site founded by Craig Newmark. It is a free community where anybody can post an ad for products or services that they are into. Since the early days, the site has grown in leaps and bounds to all the major cities around the world, giving people who advertise there a worldwide reach, fast and instantly. The site doesn’t have any fancy graphics on it; in fact, it is (my apologies Mr. Newmark) very ugly and boring with nothing on it but tons of text ads but make no mistake: the site is very powerful since your ad gets seen all around the world. This gives any smart entrepreneurs the opportunity for unlimited income.

Making money on CL can be stripped down to two simple techniques:

1.      You can sell your own products or services.

2.      You can sell other people’s products or services.

Setting up a CL account is very easy. First, just go over to CL, enter your email, and fill out any other forms necessary. This usually takes only minutes, and the system will send you an e-mail just to verify that you are a real person. But when you want to post, they may require phone verification as well. This is no problem: the system calls you to give a four digit code that you can use to do your posting. This is to help make sure that you are not a hacker or spammer using a robot or some other kind of software that is trying to throw up irrelevant ads in the wrong places.

Remember what I said initially: when you want to promote anything be sure to do your research. You can use google.com/trends to find out what people are searching for or the trends that are current. To do this, you use Google’s search tool: google.com/trends.

CL is filled with lots of cities. How do you know in which city to post your ads? All you need to do is go to googl.com/trends and enter the website you want to search information for like craigslist.org and the search engine will present you the top ten most trafficked cities on CL. This allows you to know where your target audience is hanging out, and you can find products to promote from click bank, commission junction. and link share. It doesn’t matter where you get the information but make sure that it’s what people are looking for.

After you have put up your ad, remember to give it a good and catchy headline and then you need to write a little ad content to go with your product link. To do this, I usually use the technique ‘AIDA’:

A - Attention

Here your headlines will create the attention that you need. You just have to be creative and put up a headline that is eye catching, something that will stop anybody in his or her tracks. Instead of clicking away, the person will pause to take a closer look at your ad.

I - Interest

Now that you have their attention, your next task is to create interest for your service or product within them. You let them know that this is the place that they will get the information that they are searching for or the answers to their problems.

D - Desire

As they are busy reading, you add another level to the whole mix by carefully creating desire by making it clear to them that your service or product is what they really need as well as giving them the reasons why your product or service is what they need to solve whatever problem they have.

A - Action

Then take action: you tell them exactly what they need to do next in order to obtain your product or service. If possible, spell it out for them step by step. Make sure your instructions are to the point and make it clear and easy for them to follow. Do not leave any room for doubt.

These are the four criteria that you need to keep in mind when writing your ad. In addition, you can also upload pictures. This is sure to make your listing stand out and draw more attention. You can also post ads on CL that you can have drop-shipped to your customers.

 

Getting Started Online

Getting Started Online..

It has never been any easier than now to get started online than before. Yet, a lot of people still get bugged down for whatever reason. I mean, I was a victim until I met a wonderful guy and got introduced to his products and programs.

Now let me 1st state that he is not aware of this post nor did he ask me to do this but the fact is that i just can't pass up the opportunity to share with you and let you know that the days of free lunch is "not yet over".

This guy literally gives away his products FOR FREE!! and I mean FOR FREE, can you believe that?

He offers for free among other things his e-books, news letters that he has used to generate thousands of dollars online on author pilot for free. Don't get me wrong, you still need to do some work , just  little tiny bit of work which is nothing compared to the benefits you reap  later on.

Now before I tell you who this guy is, let me fill you in on a little about me. 

For the past 3yrs, I have been struggling to get involved in the online business and actually make money, but I keep hitting one snag or the other, from everyday distractions to my own personal fears and inhibitions.

School itself has not helped either, now don't give me that odd look, school is good and has its benefits but let's just leave it at that (more on formal education and what I think about the whole system).

So here I am struggling to get myself online and enjoy the independent life and not having to be a slave to any job and boom!! I  met CHRIS FARRELL. Since then, the way I look at online business have never been the same ever.

Chris is down to earth, and has the ability to take something complex and make it simple, from his well detailed , clear and well outlined  videos to his mind blowing articles that are are simple and easy to understand. Now am used to his videos that I can't do without them.

So please return to this blog for more on Chris Farrell, what he is up to next and his his programs.