How To Make Money From Home In A Bad Economy
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Transcript of How To Make Money From Home In A Bad Economy
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How to Make How to Make Money From Home Money From Home In a Bad EconomyIn a Bad Economy
Prepared by Charles AmithLearn How to Build a Paid Membership Site
www.FASTmembershipsites.com
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Don't Despair...Don't Despair...
What do you do when you're laid off or if you've lost tons of money in the stock market?
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Don't Despair...Don't Despair...
While things may not seem so stellar at this very moment, don't despair.
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2 Sides of the Coin2 Sides of the Coin
When ever you feel that the world is going against you, there's always the flip side of things - the opportunity.
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3 Low Cost Ways to 3 Low Cost Ways to Make Money From HomeMake Money From Home
1) Sell your old, unwanted stuff on eBay
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3 Low Cost Ways to 3 Low Cost Ways to Make Money From HomeMake Money From Home
2) Create a website and offer other peoples products or services as an affiliate
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3 Low Cost Ways to 3 Low Cost Ways to Make Money From HomeMake Money From Home
3) Create a website and offer your own product or services
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Selling On EbaySelling On Ebay
This is one of the easiest ways to make money online. With most businesses, you'll need something to offer and people to take you up on that offer.
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Post and They Will Come...Post and They Will Come...
On eBay, there can be hundreds or thousands of people that will see your offer. So all you need is something to offer and post your listing on eBay.
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What to Sell?What to Sell?
Most people start off in their garage or basement. Take a look around and ask yourself if you could really live without that old thing sitting in that box.
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Focus on Money MakersFocus on Money Makers
Also ask yourself if it's even worth it to sell. You don't want to waste time packing and shipping out something that will only pay for your trip to the post office.
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Pricing Your OfferPricing Your Offer
If you're not sure about how much a certain item will sell for on eBay, browse through eBay and find related items.
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Can You Sustain Your Can You Sustain Your Business?Business?
There's one thing that you should know about eBay. Once you get going, it's tough to sustain a business selling off old possessions - especially when you start to run out of them.
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Do You Have Enough Do You Have Enough Supply?Supply?
Most people hunt around yard sales. You can only take this strategy so far until the supply starts to dry up.
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Selling Items as An AffiliateSelling Items as An Affiliate
Wouldn't it be great to earn income by referring a product or service. What if you could make a few bucks off every movie you recommended to your friends?
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Help and Make MoneyHelp and Make Money
When ever you make a recommendation and somebody takes you up on it, then you earn commission.
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This is NOT MLMThis is NOT MLM
Don't get this confused with network marketing. You don't have to recruit and you don't have to pay distributor fees to get started.
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Thousands of Products...Thousands of Products...
In most cases, you don't have to pay any fee at all. The easiest way to get started is to sign up on an affiliate network like CJ.com and you'll get access to tens of thousands of products and services that you can promote.
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Your Money Making LinkYour Money Making Link
Once you get access to a certain merchant, you'll get your own affiliate link. When somebody clicks on that link and pays for a product or service, then you get a cut.
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Do You Have Enough Do You Have Enough Visitors?Visitors?
All that's needed are visitors - eyeballs that checkout your offer. This is the part that gets a bunch of newbies stuck.
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Marketing is the Key...Marketing is the Key...
If you're not getting visitors to your offer or affiliate website, then the possibilities of earning income are pretty slim. So build a website that reviews some products and start promoting it!
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Selling Your Own Selling Your Own Products or ServicesProducts or Services
At the beginning of this presentation, I mentioned 3 low cost strategies for making money in minimal time. Creating an e-Commerce shop isn't what I'm talking about here.
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What is an Information What is an Information Product?Product?
If you've ever read a "How-To" book, you've read an information product. If you've watched a video or listened to a CD on "How-To" do something, you've learned from an info-product.
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The Easiest Way to StartThe Easiest Way to StartCreate a paid, information-based membership site. One of the greatest benefits of creating a membership site is that you can earn recurring income by providing valuable content on a regular basis.
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You Don't Have to be a GuruYou Don't Have to be a GuruThere are proven tactics that you can use to become an authority figure and build a business from scratch. Neither does it take many years to do so. In fact, you can start earning from your own membership site in as little as 7 days.
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Make Money When the Make Money When the Economy Is BadEconomy Is Bad
So when the economy is bad, you can still earn money through your paid subscriptions. Think about companies like Dish Network or Verizon Wireless...
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It's Not About NecessitiesIt's Not About NecessitiesWhen the stock market goes down, people are still paying these companies month after month.Satellite TV and cellular phones may not be a necessity, but many people will continue to pay to satisfy their inner desires.
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Do You Want to Learn More?Do You Want to Learn More?If you'd like to learn more about building your own paid membership site, visit: http://www.FASTMembershipSites.com
and get free access to a quick and simple membership site starter kit (a $29.97 value).