Page 19 - Internet Marketing Secrets by Dr Godwin Onye
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products through Amazon using their partner program.
You’ll get a much smaller commission (typically around 4-8%) but the good thing is that once you refer a customer to Amazon, you’ll make commission on
everything they buy during that session.
So, if you’re promoting a book and someone clicks your link, buys a book
and then also buys a flatscreen TV, well then you can make a lot of money!
Or maybe you want to create your own online shop? One way to do this is by becoming a reseller. That might sound like a big undertaking but thanks to the web, it’s a business model that busy professionals can easy manage in the evenings.
All you need to do is to find a wholesaler. A wholesaler is a manufacturer, factory or reseller that will sell you items in bulk at greatly discounted prices.
So, for example, you might be able to buy 100 pairs of jeans for $1,000 dollars but then sell each item for $20. This means you’ll make 100% profit on each sale.
The great thing is that from here, you can then reinvest the profit you make into ordering an even larger batch of jeans next time. You could pocket $250 and then spend $1,750 on your next lot of jeans – or you could buy something more expensive.
Storage will be fairly simple seeing as the products are small and you’re buying low-ish quantities and you can promote them on eBay. Packaging is another expense to factor in but shouldn’t amount to much. In just a few hours of work each evening, you can bring in a very nice side income this way!
Don’t want to deal with physically owning the stock? Then how about you look for a dropshipper? A dropshipper is very similar to an affiliate except
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