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Why Selling Something For a Dollar, Could End Up Make You Very Rich..!
ARTICLE #3 © Noel.C.Davies, 2002.
Why Selling Something For a Dollar, Could End Up Make You Very Rich..!
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From The Desk of Noel.C.Davies,
North Wales UK, 'Where the Mountains Touch The Sea'.
http://www.word-factory.com/subscriber.html
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I recently checked my credit card statement (and that's unusual in itself). Amongst the usual deductions there was one for less that $20.00, and to be honest I've seen it before, but never bothered to check it out (I never bother too much about saving money - if you can show me someone that has saved their way to a fortune then I might change my mind).
Anyway, to get back to the credit card statement. I checked the deduction and found that it was legitimate, in fact it was for a share tracking service which I no longer use.
I had subscribed to the service nearly five years ago, before I took all my money out of the stocks!
The point of all this (I bet you can hardly wait) is during the time that I spent using the service they collected well over FIVE HUNDRED DOLLARS, from my account, and even when I stopped using the service I never missed the money.
You can go online any day of the week and purchase a product, an ebook, or a piece of software, and make money as an affiliate reselling whatever it is.
Every time you sell one of the products - lets say it's a copy of one of my best selling ebooks (only kidding)...
"How to Make $10,000 Dollars a Month, With No Effort"
you would make 50% typically around $12 - $15.
Are you happy with that? Because you shouldn't be...
You see, the big money is NOT with the ONE OFF sales, the big money is in RESIDUAL INCOME. Lets take an example, everyone needs web hosting services. You can take your pick of providers, and they all offer residual income, something around $10 per month for every account you sell is about right...
It takes a little more effort to sell web hosting as opposed to an ebook, but the rewards are manifold...
For every hosting package you sell you MAKE $10 PER MONTH. That's $120.00 every year for every package you sell...
If the people that buy the packages from you, run their site for only 3 years - you make $360.00. FOR EACH SINGLE SALE.
Now, compare that to your other sales of my ebook, you would need to make THIRTY SALES of my ebook, to make the same amount of cash...
So unless selling web hosting is 30 times more difficult than selling my ebook, you are better off concentrating on the products that bring you RESIDUAL INCOME...
So, what sort of products bring in residual income, well there is the web hosting we've just mentioned. There are now some exciting websites with monthly memberships that also provide regular monthly income income. Here's just one of them
http://www.word-factory.com/Recommended/STS.htm
See you at the top,
Noel.C.Davies,
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Noel.C.Davies operates several low maintenance online businesses including
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