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How_To_Make_Money_With_Your_Website_Part_2_of_2
| How To Make Money With Your Website, Part 2 of 2
In part one I talked about making money by selling other
people's stuff, now lets talk about making money by selling your
stuff.
Selling Your Stuff
To sell your own things, you can: * Sell them exclusively on
your own site * Sell your things to vendors at a discount, so
they can sell them on their site for the normal price * Create
your own affiliate program
You will need a shopping cart program to allows others to pay
for your items, tell you who has ordered what and where to send
it. There are many companies to choose from, what you need to do
is see if they offer the services you need, and what they
charge. Some places also have restrictions on what you can sell.
The companies I've use with a lot of success are: * PayPal.com -
Very inexpensive and easy to use. * CCNow.com - Easy to use,
they do charge a higher fee and you can only sell products, not
services. * Ibill.com - They have some linitations on what you
can charge a client.
Some other companies include: * Yahoo -
www.smallbusiness.yahoo.com/merchant - They offer 3 differnet
packages, charge a monthly fee and take a percentage of each
sale. * 1Shopping Cart.com - They charge a monthly fee.
You can also open a merchant account for your business, but
there are a lot of fees you have to pay for this, including: *
Monthly fees * Fees per transaction * Rental fee if you want a
credit card machine * Other fees may apply too
If you want to offer your own affiliate program, you will need
to use the services of companies that provide affiliate
software. Take a look here: * clickXchange.com - You can join or
create an affiliate program here. * Commission Junction
(http://www.cj.com/), that charges an initial set-up fee and
then 20% of the commission you pay your affiliates. * My
Affiliate Program (www.wilsonweb.com/afd/myaffiliateprogram.htm)
* Ultimate Affiliate Program
(www.wilsonweb.com/afd/groundbreak.htm) - They offer an
affiliate program, membership management and more. * E-Commerce
Research Room
(www.wilsonweb.com/cat/cat.cfm?page=1&subcat=em_Associate) -
This page has a lot of information on affiliate programs.
There are some things that I do to sell my products, and to get
other people to sell my things. I don't like to sell, so I get
others to sell for me without hiring them. So the following
gives people an incentive to sell for me, and it gives customers
an incentive to buy. * 10% finders fee - Refer a client to me
and you get 10% of my fee. Since it's not uncommon for me to
charge $1,500 to $2,000 for a website, people are happy to say,
"Use Jeff" and get a check for $150 to $200. Now that's easy
money. * 10% discount to nonprofits - Nonprofits like discounts
(okay, so everyone likes discounts) and I like to help
nonprofits, so it's a win-win situation. * 30-day money back
guarantee - This give clients a good feeling of security, which
makes them more likely to buy. Besides, if you sell a good
product or service, you will get very few requests for refunds.
What To Sell
If you do decide to sell your own stuff the question is, "What
do you sell?"
Actually, the possibilities are endless. On my site I sell many
things, such as: * Ebooks * Reports * Website design * Website
evaluation
What can you sell? Any product or service you have to offer, or
other peoples' products, including: * E-books and merchandise *
Advertising in your newsletter or on your website - You should
charge $.007 for a prime ad, $.006 for a standard ad and $.005
for a basic ad per visitor or subscriber. Multiply the number of
unique visitors to the page you're selling the ad on by the ad
rate (or the number of subscribers to your monthly newsletter
per month. If your newsletter comes out biweekly, then multiply
your subscribers by 2.15, or times 4.3 if weekly.) So if you
have 1,000 visitors to a page, and someone pays $.007 per ad,
then the total is $7.00 per month. * Banner and other ads on
your site * Website templates, graphics and fonts that you
create * Sell things on e-bay and show more details on your site
and use it as a source of info for your specialty
This information will give you a good springboard for making
money on your website, now let your imagination run free and
come up with some great money making ideas.
About the author:
http://www.CreativeCauldron.com Jeff Colburn is a website
designer and writer. His goal is to make the process of creating
or updating your website easy and simple for you, while creating
a website that meets all your needs and expectations. Jeff can
also create all of the copy for your website.
Copyright 2004 Jeff Colburn
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