Check this one! $1000 in a Week Selling on eBay. How come?
One of the most lucrative undertakings in the whole of Internet Marketing is eBay. If you’ve never come across this methods before you must try it. If you have come across this method before but not tried it you must try it.
It will change the way you think about money – I guarantee it.
Why? Because undertaking a joint-venture (JV) mailing opens the window just on Internet Marketing just a tiny crack. But it’s enough to show you in breathtaking style just how much money is out there to be made.
Doing a little preparation work and pressing a ‘send’ button can bring in thousands of Dollars in a matter of hours. More importantly it destroys in seconds all the rubbish we’re spoon-fed from birth about having to work hard for money. Instead it teaches us we can work smart.
There are people in the Internet Marketing world who don’t do anything else. They spend a few months preparing a product. Their whole way or working is geared up to collecting email addresses and building opt-in lists. So when the preparation work is done they launch their product to their list (which might contain 200,000 addresses).
Within 48 hours they have made in excess of a Million Dollars. They don’t bother setting up websites or selling on EBay, they just quietly start work on their latest product and adding more addresses to their lists.
One of the hardest things to get to grips with when you start out on your Internet marketing career is that money is quite easy to come by if you put your mind to it. As workers we’re told from an early age that we must work for our money and that hard work equates to financial reward. Rubbish. Complete and utter rubbish.
How long would it take you to raise a thousand dollars now? I’ve mentioned in previous articles how I’ve seen grown men in tears because they needed a little extra cash and couldn’t conceive how they would get it. To them an extra thousand dollars might as well be an extra ten million!
So would you have to work overtime for a month of two? Would you have to max out your credit card or go cap in hand to the bank?
Listen – a thousand Dollars in small change compared to the money you could make from Internet Marketing and Joint Ventures. I’m going to show you how you can bring in over a thousand Dollars time after time in around 2 days – maybe 2 weeks if you’re starting from absolute scratch and need a little preparation work.
Please let me explain……. A little while ago I sent an email to an eBay seller. It was a very informal email. It started with the word ‘Hiya’
Not very professional I agree, but it was exactly what was required, because the following 48 hours resulted in me banking $2,500 (well it actually went into my Paypal account then my bank account a few days later). Unfortunately only half this money was mine, but still not bad for two days work.
The eBay seller was someone I’d never contacted before. A total stranger except for the fact that I knew of him because I’d spent some time browsing the listings. Still I had no doubt that he would reply, even if it was a polite ‘no’. In reality there was little chance of a ‘no’ really – would you say no to an email that suggested you could make a lump sum in two days from your own product?
At the very least you’d want to hear more.
(Don’t worry this will all make sense soon.) So my new EBay seller friend (who is also selling on ebay) replied and we quickly sorted out a 50-50 split on a deal and I spent an hour or so writing another email. I also set a few other things up – a web site, Paypal button and a download page – took another couple of hours.
(I’ll give you the wording for the second email too.) Now I wrote the second email out to a list of people I had recently amassed from eBay. I clicked the ‘send’ button then went upstairs to the kitchen (my home is over four floors). I poured myself a chilly glass of wine then came back down to my PC and opened my email software so I could watch the emails that I was now expecting to come in, in real-time.
Twenty minutes passed and I got a little worried – from past experience there was usually only ten minutes or so before I saw a result. I wandered away from the PC to feed the cats. It took about 5 minutes. When I got back to my PC I had a nice surprise.
It’s a screen shot of the first 25 emails I received – they all came in within half an hour of me pressing my ‘send’ button.
I’ve smudged the email addresses of the people who sent payments for obvious reasons. The first 25 emails were from people who were actually sitting at their PC’s when my email arrived. Most people weren’t at their computers when my emails arrived. Those people checked their inboxes over the next day or so.
Over the next 48 hours the payment emails didn’t stop.
In total, when two days were up, I checked my Paypal account and found I had made just over £2,530. After deducting Paypal fees I sent half of this to my EBay seller friend who was incredibly happy to receive it (who wouldn’t be?) and took a couple of days off to go shopping.
And that’s it.
Understanding Joint Ventures and eBay Sellers WHAT’S IT?
You ask. I’m going to show you how you can make a lot of money by undertaking JV’ (Joint Ventures) with eBay sellers. You won’t need to have a product – just a list of people to email to offer the product to. Or if you do have a product, you can find a good seller to sell it for you.
Why should they buy it? Because it’ll be a quality product (you’ll have sourced it from eBay) and you’ll be offering it at a vastly discounted price that they cannot get anywhere else. If you’ve ever seen this best selling ebook ‘EBay Auction Income Streams’ advertised you’ll know it sells from most websites and on eBay.
Now imagine if you really wanted the book and you received an email from a trustworthy eBayer you’d bought from before who offered you this best selling ebook for just $12.99 you’d jump at the chance and that’s how this system works. And boy does it work well!
This ebook is going to tell you how to set up your own JV (Joint Venture) with another person. Don’t worry there’s no need for telephone calls (unless you want to) it’s all done by email. It’s just a matter of identifying someone with a list of people to sell to, if you’re a product holder, or someone with a great product to sell, if you’re a list holder.
Then you just send them a simple email.
I was extremely nervous when I first approached a well-known marketer to ask if he’d like to undertake a JV with me. I was positive he’d either laugh at me or blast me for wasting his time.
But ask yourself if you got approached. How would you react? If someone told you could make a lot of money from your own product and all you had to do was agree to sell it below market price. You could then watch TV until your payment of maybe £3000 arrived.
How would you feel?
I would be both flattered and grateful. Of all the JV’s I’ve undertaken – and they make up a substantial part of my yearly income – I’ve not once been turned down. Never. And that’s not because of my business reputation. I’ve done JV’s under different names and through different email addresses when the need has arisen.
All this is perfectly above board by the way, since it all goes into the same PayPal account for tax via different email addresses. I’ll tell you how to do that later, too. It helps you sort separate your JV money from any other sales you might have It’s like doing a bungee jump. The first one is the hardest. Unlike a bungee jump you end up not with wet pants but with a few hundred quid at least in your pocket.
Setting up Joint Ventures
Why would anyone want to do a JV with ME?? A Joint Venture (henceforth called a JV) is just a business undertaking – a deal where you split the takings. It usually (almost always) comes about when two people have skills or products that compliment each other.
You probably have more skills than you know but I’m not going to start telling you to reach down deep inside your soul to find your inner value when what you really want is a quick grand or so in the bank.
So for now we’ll concentrate on two things. Any one of these two items is enough for you to make hundreds if not thousands from a JV.
- A product you already own or have rights to
- A list of people who may want to buy a product.
Now I realise that not many people reading this will not have their own ebook, or software. BUT you may well have or be able to get hold of a product to which you have resale rights. If you can do that then a JV may well work for you as a product holder.
If you also have a list of people who have bought from you or even better, have a mailing list then you’re in the best possible position. I’ll show you how to go about a JV from both angles. I think the best approach to go is firstly to tell you how my latest JV worked.
The Joint Venture Process
Here’s an overview. I don’t like flowcharts but this one helps me when I’m putting together my own JV mailings:
How to undertake a successful JV with little or no experience First of all you need to decide which side of the JV you are on. Are you the person who will provide the product or the list?
Providing the product
Quickly recapping – if you have your own product (that you created or own sole rights to) or you have resell rights to a product that isn’t readily available elsewhere (if it is it won’t sell) then you can look at a JV from the point of view of the product provider.
Browse eBay and look for a seller. A PowerSeller will probably have a very good mailing list and be open to undertaking JV’s. Anyone who sells quite a few items per day or week is also a good bet. If you’re not sure, ask.
You will probably come across quite a few eBay sellers who don’t know what you’re talking about when you mention ‘Joint Ventures’. eBay has more than it’s fair share of people who sell from home and got lucky, but never look any further than eBay.
The notion of a JV to these people may seem odd. My advice would be to point them towards this ebook (sales for me!) or spend time explaining in more details what they’ll get out of it. Don’t focus too much on the actual JV, just on the fact that they could be $1000 richer by Monday morning.
When you’re looking for a seller, also bear in mind that a similar product to the one you’re selling would probably be a good idea as long as it’s not directly competing. Check his feedback rating too – it’s a reflection of how he runs his business.
When you’ve found a seller you like the look of (as far as you can tell from his Auction and About Me pages) you need to make the initial approach. All it takes is a simple email.
You will obviously need a PayPal account but these are easily set up. If you use eBay you’ll probably have one already.
The best way to sell your product is to set up a temporary website (with a PayPal button) that you can direct your customers to. You can use the website to take payments for two days then take it off the net.
Once this is set up you can draft an email to your customers (like the one mentioned earlier) directing them to the website. Your JV partner then sends the email that you composed out to his list (as though it came from him), and you wait for payments. You must agree before the venture starts who sets up the website and delivers the product, and who sends the emails. The person who owns the list must send the emails. This is because of spam issues mentioned earlier. Otherwise he would have to send his list to his partner, and that could lead to list theft.
It’s not until you’ve actually undertaken a JV that you’ll realize how incredibly powerful and lucrative these deals are. I can think of no better way to bring in a nice cash boost in a very short amount of time.
Now there has to be an amount of trust in these ventures. There’s no getting around the fact that one of you has to take the payments. There might be a way of splitting each Payment 50-50 as it comes in – probably using Clickbank or some other payment service. If anyone knows how to do this on Paypal please let me know!
In any case this will probably cost and the whole point about JV’s in my view is that they’re easy to set up and can be over and done with in a couple of days, cash in your bank and a smile on your face!
I will say that I’ve never had a problem with a JV either when I’ve been the one taking the money or my JV partner has been the one taking the money. Just split everything 50-50 at the end of the venture and there’ll be no problem.
Success is based on honesty (unless you’re a politician).
I took a screenshot of my PayPal account and send it to my JV partner as proof of earnings. Earnings from each individual JV you undertake can be easily separated from each other by firstly adding an email address to your PayPal account (PayPal main screen – Profile – Account information – Email – Add) then accepting payments to this email address only from the PayPal button you use in your JV.
Once the JV is over you can see all the payments that have been received to that email address by going to (PayPal main screen – History – Payments received to – your new email address)
It’s not necessary but it’s a nice touch. I also set up a counter on my website to show how many people have accessed the download page. This isn’t totally accurate as many people download more than once if the download is interrupted or occasionally pass on the download link to a friend to get the product without paying. This is rare though and a counter does give a reasonable idea of how much money has been taken.
Once the payments have come in, total it up, deduct any fees then send your JV partner half. If you’re declaring your income to the tax people then get a receipt from your JV partner for the money you send. Otherwise when you do your yearly accounts it’ll look like you earned £2,500 in two days rather than half that amount and you’ll have to pay tax on it.
If you don’t want to set up a website to sell the product you can ask (in your first email) your list to email you for further details of your product if they’re interested. Then send them more details of the product and your email address to pay you directly by Paypal (they’ll use the ‘send money’ option from their account). Once you’ve received the payment you can email them the book as an attachment.
I wouldn’t recommend this option purely because it’s a lot of work, but if you really can’t get your head around putting together a simple website then it’s an option. A better option is to ask your JV partner to do it. It’s free and once you’ve learned how it works you’ll have the skills to put a website together each time you do a JV.
Finally there is a company called http://www.master-resale-rights.com that I use on a daily basis, they sell ebooks, software and other downloads for as little as $0.01. At that price you can’t go wrong! They’re collection is fantastic.
All you do is pickup some Private Label Rights products, re-label them with your own name, and sell them for whatever price that you want. You get to keep 100% of everything that you make, no JV Partners to share with. You can then be the JV initiator and get people to sell your products.
Look after your JV partner! Make sure they receive their 50% promptly and in full. In that way they’ll be more than happy to work with you again. Remember they’ve just received over a thousand Dollars for what amounts to sending an email!
Proving the List in a Joint Venture
This is probably the most applicable scenario for those of you reading this ebook. You have no list and no product but you want to earn money from a JV.
Fine. Here’s how to do it.
Go through your email address book and see how many contacts you already have that you can send offers to. This will basically be anyone you’ve already sold to oneBBay. This means there is an existing business relationship there. It might take a couple of weeks to build up a list if you’ve not already got one but as the Internet ‘gurus’ say ‘The gold is in the list’ and once you’ve got it treat it like a valuable asset (because it is) and it’ll provide you with an income if you play it well.
It’s a good value, quality ebook that originally sold for $19.99 that is now available for free. All I ask in return is that you join my mailing list by giving me your email address. You can unsubscribe at any item from the list but my hope is that once you see the offers I mail to you, you’ll stay with it.
Now the better quality the product the more people will subscribe to your list. It’s worth buying a good quality ebook or software package (that you are allowed to give away and not just sell) to maximise your list. Obviously there are a lot of freebies out there. A good idea is to bundle a large, good value collection together and give it away to anyone who opts in to your list.
Check the license page first to see if you’re allowed to give it away as well as sell it. If not you’ll get into trouble.
Using EBay to build a list
eBay rules and regulations are a little hazy on this subject but I’ve never had any trouble personally. It all comes down to their ‘links’ policy. Basically the eBay ‘links’ policy has recently changed. You cannot now link to any other website other than your home page and then ONLY if it ONLY contains a further description of the item you’re selling on eBay.
So it seems you can’t link to your webpage if it has an option to download the ebook you’re selling on eBay for FREE in return for joining a mailing list. Shame because this is the ideal scenario.
BUT a lot of people do this on eBay with no problem. Obviously this is a personal choice that I can’t comment on. I will just say that I did this for quite a while before I realized it was against the rules. eBay didn’t contact me and I collected an awful lot of happy subscribers.
But You CAN link to your About Me page, and from there you can link to your home page. This is what the regulations say about it:
What links may I have on my About Me page?
The About Me policy will allow users to link to your own web store. However, you may not directly offer any non-eBay merchandise on the About Me page itself.
I’ve highlighted the parts that interest us.
So the way I read it, from your ‘About Me’ page you can link to your own web page. And on your own webpage you can offer a FREE ebook in return for signing up to your mailing list.
You can also link to your About Me page from your eBay Auction. This in effect means you can link your opt-in page on your website.
Read that again slowly until you’ve understood it. It took me a while!
There’s another way to do it. (I recently found this at the bottom of an eBay auction:)
Setting up an Opt-in Website
Opt-in websites are web sites or single pages that ask the visitor if they would like to sign up to a mailing list, usually in return for a free product or offer. Because the visitor has to ‘opt’ to join the list rather than automatically being added, the end result is called an opt-in list.
Most people really don’t mind being part of a mailing list. Especially if they’re getting something of real value either for joining, or in the form of ongoing special offers after they’ve joined.
So how do you put together an opt-in page with free offer so you can collect email addresses?
Opt-in sites go from the simple and effective to the bells ringing, lights flashing ridiculously complex.
This is how I do it. Below is a screenshot for the US version of ‘The Bargain Hunter’s Course’. You’ll see that at the very top of the page I offer the free digital camera book (feel free to download it) and a clickable link to the opt-in page.
Once they click on the link to get the free book they’re taken to a page that explains what the book contains and how it’s great value for a freebie (which it is). Below that at the bottom of the page is a simple opt-in option.
This is it:
The website above offered me no less than TWO options to add my email address to their mailing list. The main page (in white appeared) then the blue pop-up box slid in quietly from the side! This is much more professional than my site, and I have a great deal of respect for the owner of this site – he offers a fantastic product and his is one of the few mailing lists I subscribe to because of the excellent content.
BUT it’s not an approach that works for me. I deliberately keep my opt-in page simple and with almost a ‘home made’ feel. I do this (after a lot of market research) because people then don’t feel like they’re signing up to a big mailing list! One customer said ‘I felt like I was emailing a mate for a book I wanted’ Both approaches are fine. Mine works for me.
So how do I know that they’ll enter the correct email address and not someone else’s just to get the book? It’s easy – set up an autoresponder that sends an email with download instructions automatically to the email address they entered. If they enter a false email address they don’t get the book.
It tells the email address owner that his/her email has been used to try to obtain a free ebook. It gives them an address to report this to if it’s a false one. If it’s a genuine email it tells the new subscriber (now I can add their address to my list) where to download the free book.
I also get manage to pop a free ad on the bottom!
You can get a free autoresponder from http://www.getresponse.com/orderfree.html or from doing a Google search for ‘free auto responder’.
Again you don’t have to have a webpage they can download the free book from, you could use the free ebook share service I have mentioned in this book or you could just email them the free book as an attachment. Using free giveaways is the best way of building your list in my opinion, but use every chance you get to boost your mailing list.
If you put this attachment on every valid email you send, it’s not classed as spam and you’d be surprised at how many people will join your list.
There are other subjects I’d like to cover:
Buying a List
Some people buy email lists. I’ve never done this but it’s possibly a short-term solution for you. If it interests you, have a look at the following site to start with morebusiness.com.
Sending out Emails in Bulk
This can be a problem. I have my own hosting provider and they whinge about the sending of bulk emails (I’m talking over a few hundred only!). When I first started I sent them through my own email account at AOL. Halfway through the mailing AOL shut down my account and only re-instated it only after a lot of hassle! Even then it didn’t work properly for a month.
My own hosting provider is better, but I still have to be wary about how many emails I send out in a 24-hour period. For a long time I couldn’t find a way around this but I’ve recently signed up with a company that has completely solved all my JV and mailing list problems.
I can do unlimited mailings, automatically follow-up emails at periods that I allocate, (further emails result in better sales), can put opt-in list forms on my website that are automatically added to my list and customize my emails so they address the customer by name.
It costs me $19 a month, and if you’re interested you can test-drive the system (to see if you like it) through this link http://www.aweber.com/?515203
The biggest blunder I made with my first mailing years ago still makes me cringe. I wrote my email then put all the email addresses into the ‘To’ field of the email. I didn’t realise that meant that every single person I mailed to could see the whole of mailing list. Of course a number of people abused this and remailed my list. I got accused of selling names and spamming and it took a long time to sort it all out.
Put your own email address into the ‘To’ field. This means that you’re not giving out anyone else’s address and it has the added benefit of actually checking that the email is being sent.
Put all the other email addresses (i.e. your list) into the ‘BCC or Blind Carbon Copy’ field. This means that the people receiving the email can’t see who you’ve sent it to. Simple but it caught me out!
It’s all in the numbers. If I could email one million interested people (without spamming!) with my latest offer today I would be a multi-millionaire by tomorrow morning. By tomorrow morning!
My list contains around 3000 people. I have websites and sell on EBay so I don’t build my list as well as I should. Actually that’s my new year’s resolution for 2020. Just think of this. If I could build up my list and sell my product for just $16.99 to 15,000 people (only 5 times the size of my list – I could have a list this size in a matter of months) – I would make over a quarter of a million Dollars in a couple of days.
If you concentrate solely on mailing list JV’s with either good eBay sellers with a good list or good eBay sellers with a good product you could make a lot of money. One JV per month (taking just 2 days) could easily bring you £1000 a month from a small list. If you built your list steadily day by day and at the same time worked with more and more sellers you could easily bring in $5000, which would increase every month as your list grows. Then there are the foreign eBay sites. UK/USA JV’s are extremely lucrative. A product that sells well in the USA might be unheard of in the UK. Offer it to your list and watch what happens!
This is THE business I wish I’d tried years ago. I might be working from a Georgian mansion rather than a (admittedly very nice) Yorkshire cottage. I can’t urge you enough to not just put this book down. TRY IT – you’ll be amazed at the results. Just think again about your job. How long would it take you to earn a thousand Dollars on top of your current salary?
A big bonus? A lot of overtime? Or some well-invested time, working from home, in 24 – 72 hours?
Start building your list now.
It’s another weapon in your arsenal against the JOB trap. It’s easier to work for yourself from home than it is to work at a JOB.
There are two hard parts to making the leap:
- One of my favourite quotes ‘Never let yourself get into the position where you’re too busy earning a living to make any real money’ – That’s exactly what a JOB does to you.
- Proving to yourself that you actually can make money from home. The first £100 is the hardest, but it proves it can be done. Hopefully this book will sort out this second problem for you.
The first is up to you.