10 Sure-fire Ways to Kill Your eBay Business

Search Engine SpecialistIt’s surprisingly easy to kill your eBay business, if you’re not careful – sure, you can start over from scratch without it costing you anything, but do you really want to? Still, if you want your business to end up dead in the water, here are some simple ways to do it.

Lie about an item: Say it works fine when it sometimes doesn’t work. Say it’s in perfect condition when it has a scratch. Your customers will hate you!

Post whenever you feel like it: Make sure to leave your customers hanging around, wondering when their item is going to turn up. This makes sure they buy from someone else next time.

Let items end anytime: Few people will be around to care about your auction if it ends in the middle of the night. Why go to the trouble of working out whether auctions will end at a good time?

Don’t bother with email: Customers are just timewasters anyway. eBay businesses are supposed to run themselves! Never give informed responses to questions about your item.

Sell rubbish: Really, it’s just eBay. You can just sell any old tat from the market for a 200% profit. Let quality be someone else’s concern – I mean, really, what do they expect for that price?

Refuse to give discounts: You know what your items cost, you know what your profit margin is going to be, and you’re not going to negotiate. Remember that giving customers special deals might make them feel good and come back to you again.

Make your listings ugly: As many colours, flashing lights and animations as possible will really give those customers a headache. Write as much in CAPITALS!!!! as you can. Preferably big, red capitals. Be sure to use the fonts Impact and Comic Sans. For an extra special touch, see if you can figure out a way to add some music.

Don’t take photos: It’s such trouble, after all. If buyers are picky enough to actually want to see items before they bid on them, then screw ‘em, that’s what I say.

Write short descriptions: Be as brief as possible, and use lots of mysterious abbreviations. This obviously makes you look very cool. You can even just write the title again in the description box. Think of the effort you’ll save!

Use reserve auctions: Now, this is a fairly controversial final choice, but it really is one of the best ways to scare away your customers. They’ll see ‘reserve not yet met’, and click that ‘back’ button before you know it. Luckily, they can always bid in a normal auction for the item somewhere else.

Now that you know the ten ways to kill your eBay business, how about we explore what to do if you want to do the opposite, and make a success of it? The next email will give you ten steps to successful selling on eBay.

Seven Secrets of Internet Millionaires

Search Engine SpecialistThe external and internal secrets of Internet millionaires are explored. Find out what the Internet millionaires know that has made them so successful.

Internet millionaires don’t acquire their wealth and success by luck of the draw. They know the secrets to success. These secrets are so valuable that if you implement them, you will succeed in your own Internet business.

There are two general types of secrets that Internet millionaires know which include external and internal secrets. We will discuss these secrets in detail in hopes that you will use them to your advantage and become an Internet millionaire yourself.

First, let’s look at the external secrets that Internet millionaires have in their tool kit.

Internet Millionaire Secret #1: Internet millionaires recognize that strategy should be the foundation of any marketing plan. It is critical to have a marketing strategy and not just jump into marketing techniques. For example, we don’t have to use mass advertising anymore because mass advertising doesn’t have strength because consumers have choices. You would have wasted valuable time and money if you used mass marketing techniques without first strategizing about the state of the market.

Internet Millionaire Secret #2: Internet millionaires are not generalists. They focus on selling their products and services to specific niche markets. The business market in general is going in the direction of niche markets because customers have more choices regarding places to buy their products.

Internet Millionaire Secret #3: Search for and grab untapped markets. Seek out people that have not been able to have access to your product in the past. In untapped markets, you don’t have to deal with competitors which helps keep the marketing costs down. In addition, you will be able to establish a rapport and trust with your customers.

Internet Millionaire Secret #4: Your backend strategy is crucial to success.
You want several profit centers that allow you to sell your products and services to more customers. The backend part of your company supports these profit centers. It diversifies your business so you are bringing in money through many different areas. You can’t rely on retiring early if you only have one profit center.

Internet Millionaire Secret #5: Try to automate as many services as possible. This will allow you to sell services 24 hours a day 7 days a week online. Automate your service centers to cut down on costs and help your customers at all hours of the day.

Internet Millionaire Secret #6: Set up your business so that you are replaceable. You can make yourself replaceable by branding. Branding encompasses yourself or the value that you provide. Branding yourself is lucrative, but it doesn’t allow you to take a break because you have to make every decision. Branding your value, on the other hand, sells your expertise and not your time.

Internet Millionaire Secret #7: Don’t work alone; build a team to support your business venture. Create a team of marketing, business, a mentor and accountability individuals. Remember, two heads are better than one so you can discuss ideas and strategies you have for your business.

Internet millionaires also have internal secrets. An Internet millionaire has self confidence and believes in their product. They are able to make decisions quickly. They have learned the correct information and modeled others that have proven success. They are not afraid to make a mistake and realize that their job doesn’t define who they are. One of the most vital secrets is that Internet millionaires persevere and never give up no matter what obstacles cross their path.

5 Steps To A Successful Internet Business

Search Engine SpecialistHaving a successful internet business is simply a matter of understanding how things work, and applying that knowledge. It dose not take any special skill or any great intelligence. If you follow these five steps, you cannot fail. The most important thing, as with anything in life, is persistence.

STEP 1. Find something you feel is a good business opportunity. You can scour the internet for all sorts of different business ideas and opportunities. Doing a search on any search engine with the keywords Work At Home, Business Opportunities, Home Based Business, Affiliate Programs, Make Money Online, etc., will produce 1000’s of different search results. Affiliate programs are THE ABSOLUTE BEST business opportunities out there because the ONLY thing you need to do to run your internet business is to market your affiliate link. With a traditional business you must deal with inventory, storage, packing, shipping, complaints, returns, phone calls, emails, checks and credit cards just to name a few! Not so with affiliate programs, once someone has clicked on your affiliate link your only job is getting the next person to click on it. Sweet deal!

STEP 2. Get your own webpage. You want to put your internet business on a webpage of your own. A webpage is like a store front. It projects respect to your business and who you are. Think about it. Do you feel the same about buying from a vendor on the street as you do about buying from a person in a store? They’re both vendors, but the store gives you a certain feeling about the person you are buying from that a street vendor just can’t give you! Your webpage dose not have to be fancy. If you only have a brief description of what your webpage is about along with individual descriptions of your product or products people will respect that. If it is affiliate programs you have decided upon, simply put a BRIEF description of what is being offered along with your affiliate link. Do not disclose too much in your description because people might THINK they know what it is all about and not click on your link. You want to let your affiliate website do all the selling for you. These sites are professionally designed to maximize the number of people who buy or join so a brief description, just enough to spike their curiosity, is sufficient.

STEP 3. Get your own Blog and make one post a day. A Blog, short for, “Web Log,” is a great way to establish yourself as an authority figure on whatever topic you decide. As people return to read your daily articles, they will eventually come to view you as an authority on whatever your Blog is about. They will eventually develop confidence in what you are saying, and will begin to trust you. As a result some people will check out your webpage to see what you have to offer them, and people tend to buy more from people they know and trust. Their confidence in you will be an additional factor that will compel people to buy from you. There are many places online that will host and let you set up your Blog for free.

STEP 4. Put Cost-Per-Click(CPC) advertising such as Google AdSense on your website. Having Cost-Per-Click advertising on your website is a way to earn additional income that can be VERY substantial. Most people who visit your website will not buy from you. If people are going to leave your website, wouldn’t you rather them leave through a link on your website that will pay you money every time someone clicks on it? Google makes putting their AdSense on your website E-A-S-Y! The ads are relevant to the content of your website. Google can even put its AdSense on your Blog as we’ll.

STEP 5. Write and submit articles to article submission sites. This is the most important advice you need to know. This is how you will get FREE advertising! People are searching the internet for free information. When you submit your articles online, the search engines will eventually find them and will spider every word. When people do a search using keywords or phrases that are in your articles, they will turn up in the search results, so be sure to insert highly searched for keywords and phrases into your articles! You will need to include at the bottom of all your articles your bio. Your bio will contain a brief description about who you are along with a link to your website. It might read for instance [ John Doe is the owner of yoursite.com. John helps people to work at home using various business opportunities that include affiliate programs. If you desire your own home based business visit http://www.yoursite.com] The more articles you write and submit, the higher the chances are of your articles keywords and phrases showing up on search results. The more links you have pointing back to your website, the higher your websites page rank with the search engines will be, meaning the higher up on the search results will your article turn up, so don’t stop writing and submitting articles! I do want to stress however, quality over quantity. Take your time and check your spelling, grammar, punctuation, sentence structure, etc. No one will take what you have to say seriously if you don’t write correctly.

So there you have it! Having a successful internet business is simply a matter of understanding how things work, and applying that knowledge. It dose not take any special skill or any great intelligence. If you follow these five steps, you cannot fail. The most important thing, as with anything in life, is persistence. Continue following steps three and five and watch your internet business grow!

Happy New Year From All Of Us At Strategy Based Profits

Money Coach, Financial Coach Internet Marketing Strategies, Article Marketing, Business CoachingFrom all of us at Strategy Based Profits we want to wish you and your family a Happy, Healthy, Safe and Prosperous New Year.

May 2011 be the best year ever!

Merry Christmas

Money Coach

From our entire staff at Strategy Based Profits we want to wish you and your families a safe and Merry Christmas.

Christmas is a season for love and joy.  Make sure to tell those close to you that you love them and enjoy spending time with them!

Merry Christmas
Money Man

7 Simple Steps To Writing An Ebook

Article Marketing StrategiesWe all have a wealth of knowledge inside of us. We all have a wealth of knowledge inside of us. We each know a lot about certain topics or areas. In a word we are all specialists in our own rite.

So why not take that info and use it to your own advantage. If you have specialized knowledge, people are willing to pay for it!

I can hear the thoughts going off in your hear now: come on Rob, will people really pay for what i know? Or; i am not an expert so why would someone want to pay me?

Most people do not give themselves enough credit for what they know. Remember Bill Gates wasnt born with a computer in his hand. He started out the same as you and i. The difference between someone that is successful and someone that is not is the successful person did whatever it took to get successful.

So lets get that specialized knowledge out of you. Dont wait, start on it right now. Heres what you need to do. Get out a piece of paper and write down 10 interests, or hobbies, or things you do at work. Once this is done score them from 1-10, one being the thing you know most about and ten being what you know least about.

Your next step is to take the top three items and pick the one that you have the most intrest in. This is the topic you will start with.

Step one and two: These steps are the hardest to do, find a topic to write on. You just accomplished that if you completed the 2 exercises above.

Step 3: Create a list of bullet points that you will write on. This list will serve as your topics for you ebook.

Step 4: Put the bullet points in chronological order that makes sence. For example it you were writing an ebook on “How to cook Great Pizza”, making the dough would come before putting on the cheese 

Step 5: Take each bullet point and write about it in detail. You will find that creating sub points for each main topic will be helpful. Once you start a topic ? to finish it in one sitting if possible. You will have already started the creative juices going, by keeping them flowing you will spend less time getting it done.

Step 6: Write your introduction after you have finished he body. By doing the body first you have a better idea of what you are introducing.

Step 7: Write the conclusion, her you will sum up what you just told your reader.

Once the ebook is done give it away to at least 10 people and ask them to review it for you. Print it our in double space so they can easily write comments for you. Also ask them to give you a written testamonial on the book. This will help you in your marketing. There you have it, creating an ebook in 7 easy steps!

Starting An Online Business, Success Or Failure, It’s Up To You!

Starting An Online BusinessDid you know that 96% of all people Starting An Online Business will fail?  Why am I telling you this, because I want your online business to be one of the 4% who will succeed and beat the odds!  Many people will tell you how easy it is making money online; guess what it’s not that easy.  You have to work and work hard at it.  An online business startup takes work, time and dedication and should not be jumped into as the latest fad.  However once you start making money online you will never look back!

So if you are thinking about starting a business online let’s take a look into the pros and cons of such a venture.  We’ll start with the cons first and work our way up to the pros.  I am not telling you this to scare you or steer you away from your dreams but a strong shot of honesty never hurt anyone.  When you begin your quest to making money online you will be known as a noob or newbie.  Don’t feel bad as all of us who have started a business online where in that very same boat.  However what you need to know is you are going to be preyed upon to buy every new making money online guide there is available. 

I believe most newbie’s will lose money before they make any from their online business.  If you just search online you will find so much more valuable material that is free about starting an online business and making money online in general.  With that being said there are many good quality products out there that will help you succeed, just don’t fall into the trap of buying everything that comes across your email.

Buying programs to help you with starting an online business can cut a lot of time out for you and your new business venture.  The important thing to do is to look for products that fit you, your work ethic and your business type.  Look for products that offer a money back guarantee for a minimum of 30 days.  This will tell you that the seller considers their product to be of a quality nature, or else they wouldn’t be willing to take the risk on the returns.

Now let’s talk about the pros of Making Money Online.  Starting an online business is so much cheaper than starting a typical brick and mortar business.  You can literally start making money online without a dime to your name, just try and do that in the real world.  As time goes on you will be able to reinvest that money and keep building a sustainable income. The worst that could happen is that you fail, trust me failing with an offline business is much more devastating emotionally and financially than failing at an online business startup.

Failure is an interesting word, it is perceived differently by people.  Some take it to heart and let it beat them down.  Others will take it as a positive and learn from it.  Thomas Edison was asked how he felt about failing 2000 times before creating the light bulb.  His answer “I didn’t fail 2000 times, I just found 2000 ways it doesn’t work”, now that is POWERFUL!

Just a piece of personal advice, if you want to succeed in making money you can.  Never let anyone and I mean anyone tell you that you can’t.  Run this business as if your life depended on it and you can have the life of your dreams.  A wise man once told me to do the things that you fear the most and the money will follow!

Why Saving Money Is A Must In Today’s Society! (Hurry, Get On The Bandwagon)

Saving Money

Everybody knows that it is imperative to Save Money. With the meltdown of the stock market and the real estate market, saving money has never been more important.  Each type of saver wears a different hat.  There are people saving substantial amounts of money.  There are some that can only save a little bit of money and there are some that can’t seem to save a penny no matter how much money they seem to make.

Only few individuals have a tendency to save money consistently with ease. The habit of saving must be developed in children so that they grow up to become wise spenders. A proper mindset can help individuals overcome this problem.

There are various techniques which can be applied to save large sums of money. Adopting these practices will help in attaining your saving goals. The easiest way to save money is to limit the amount of times with which individuals go out. It makes sense if one is trying to save money cutting back on extra expenses is a smart way to go.

Another easy habit to adapt is shopping during a sale.  Also shopping through online stores can provide products at discounted rates leading to extra cash for saving.  Online outlets are another place to consider for discounted prices.  Try to cut down expenses which are not necessities.

Some other tips are to have a single car in the family; this will reduce car payments and insurance.  Cutting down on electricity during the daytime and lowering the heat when no one is home will also have a significant impact on the bottom line.  Small steps go a long way in saving money.

Easy yet effective money saving strategies can be employed into a daily routine in order to save more money on a monthly basis. These money saving tips will help on the short term basis and they will also produce good long term results as well.

Strategy Based Profits Tip – Look at what you are spending money on, look at what can be cut and start socking the money away!

Robert J. Roy
Money Man

In Sales, Objections are Your Best Friend!

Money CoachMost sales people fear objections because they see them as a roadblock to the sale. To become a great sales pro, realize that an objection is the first step in closing the sale.

An objection is a customer’s natural reaction to the sales process. It’s an effort to slow the process down, to process the information and weigh the options. An objection means the customer is listening, is interested, and is working through the buying decision in their own head. Objections spell opportunity to the sales pro.

The ability to separate substantial sales killing objections from simple smokescreen objection is a critical skill every sales pro must master. The first step is to effectively qualify the candidate. This step typically follows the presentation on  the product or service.  Do they need the product or service? Can they afford the product or service? Are they the decision maker?  Get answers to these questions to properly qualify the customer.

Once the customer has been qualified, the next task is to search for objection(s). Sometimes the best way to do this is ask a closing question during the conversation. Occasionally, this results in an immediate close, however it  is likely that the test close will result in one of several objections.

Objections are typically viewed as something negative. To be successful in securing more sales, we must turn that perception on its head. Let’s look at a few typical objections and what they really mean.

1.       “I need some time to think about it.” This objection is exactly what it sounds like, they feel that they need some time. The customer is trying to slow the process down so they can absorb what has been offered. The good news is that they are interested and are working through the internal struggle on the buying decision. Help them overcome this objection and you close the sale.

2.       “I need to speak to my (spouse, boss, team etc.).” This is typically a variation of the time objection and is again an effort to slow the process. If this is a legitimate objection, it means the customer lacks authority to make the buying decision and this should have been discovered in the qualifying stage. The good news is that they are interested and if you can help them overcome this one, you close the deal.

3.       “The price seems high.” There numerous variations to this objection. It comes from one of two sources; they are interested and are looking to negotiate, or they are not seeing the value of the product or service to them. The latter may require further questioning to help them see the value, the former will be no real issue if value has been built into the presentation. 

4.       “I’m going to shop around.” This is a variation of the price objection and it comes from the same place. Help the customer see the value in the product and if they are truly qualified, this one goes away easily. This objection means they are interested but they don’t really understand the value to them so they resort to the most understandable point and that is price. This one can take some work to overcome and it highlights a flaw in the presentation.

There are several other objections but they all offer opportunity to the sales pro. By understanding what these objections really mean anyone can start to learn to overcome them and that is the first step to becoming a true sales pro.

Guest Author
Bill Corcoran

Kids Make Money Online; It’s The Wave Of The Future!

Kids Make Money OnlineGeneration next is coming up with unique and innovative ideas of making money online. These kids earn their allowances to make their life financially independent. This gives them freedom to earn as much they want. Their ideas are exceptionally good and some of which are listed below:

  • Online money making is a wonderful opportunity for young children. They can make money by playing games, proofreading, e-mail reading etc. These are the easiest way of generating extra money. Moreover, these are so much fun!
  • Selling their used toys, game and books at the online auction sites is another great way for kids to make money online.
  • Setting up a website and selling items that the child has made or promoting a band are some good uses of the internet for kids.
  • Creating and maintaining blogs online serves multiple purposes for kids.  It teaches them responsibility and as the blog gets more popular advertisers will pay to get on their website
  • Some children have the ability to write very well.  For them article writing offers a wonderful opportunity to express themselves and get paid for it.
  • Online advertisements such as craigslist will give kids another opportunity to sell their items online.

These were just few options for kids to make money online.  The internet can be a tricky place for kids and some children are not street smart enough to sniff out a scam.  It is the duty of the parents to lead their kids in the right direction so that they don’t fall into the wrong trap.

Today’s kids are very tech savvy so it is a natural choice for them to gravitate towards the internet when it comes to making money.  Parents should do everything in their power to support their decision and watch over them closely by offering help with the business end as well as keeping a watchful eye on them at all times.

Strategy Based Profits Tip – Today’s children have a huge advantage over their parents when it comes to computers.  It is important that when they want to spread their wings into their own business that parents support them.  Help them through the rough spots and watch that they don’t get hung up with scammers!

Robert J. Roy
Money Man

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