Coffee Shop Millionaire" fame, has some caveats to know about before you go "whole hog" on these as a main income source.
Ebooks have a learning curve. Frankly, there is more direct way to make money by hiring yourself out as a writer or editor to create ebooks for others to give away then there is by doing the work of ensuring you have all the surveys and know-how to make one succeed. In the Coffee Shop Millionaire videos, however, there is a professional writer named Sue LaPoint who gives you all the tips on how to break into this writing field on your own. Note also, that you need to understand how Clickbank works in order to really make ebooks into a decent auxiliary income.
Amazon, frankly, can be disappointing. In order to make their affiliate program succeed, you have to do just like any other affiliate program - which is to build a site around that book and drive interested traffic to it. Don't think that just putting some affiliate links up on your site will do much of anything in terms of sales.
Yahoo stores are really for someone who already knows the in's and out's of running an online business. Consider that you are spending $40 per month - every single month of the year from here on out - in rent for a stall where you can pitch your wares. If you don't already know how to do this, then it's tricky. Ebay has these as well. So you need to keep your eyes open.
Yes, you can "make money online" with any or all of these. But don't quit your day job while you learn. And this is another point that Anthony goes over inside his Coffee Shop Millionaire site - that you need to really follow your passion in order to be a success. Plus, he gives tons of other useful advice from many successful entrepreneurs who have been there, done that - but let me get out of the way so you can hear from him directly:
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The internet has opened up many new ways to earn money. Now almost everyone can easily start making money online. While there are many methods and techniques to earn money on the internet, selling ebooks, using the Amazon affiliate program and starting your own Yahoo Store are some of the easiest for people who do not have much experience in internet marketing.
Making money with ebooks
Ebooks are basically informational content that is being sold online. Most of the ebooks being sold on the internet are instructional how-to guides which answer people's questions about a specific need. These could be guides on making money online, fixing computer problems, training your dog, relationship advice and more.
What most people don't realize is that while the sales pages may tout the guides as being the ultimate sources of exclusive, top secret information that is impossible to find anywhere else, this is actually far from being actually the case. The same information found in these guides can usually be located by spending a few hours of searching and putting together your findings. All that the authors do is rewrite common methods, advice and information, and sometimes add their own advice based on their knowledge of the subject. This means that you do not have to be a professional writer to put together a successful ebook, but you should at least have some knowledge and interest in the topic of the guide you are writing.
Once you have your ebook written, you need a way to sell it. You will need to set up a website with a sales letter that tells people what your product is about and most importantly why they should buy it. While writing good sales copy takes some practice, you can get some ideas from the sales pages of other products on the internet. To take payments and deliver the product, you can set up a "buy it now" button in your PayPal account that will redirect buyers to download your ebook once they have made the payment.
To sell your ebook, you can buy text advertisements and banner ads on sites which deal with the topic your ebook is written about, such as forums.
While it may seem like a challenging task at first, after you gain an understanding of the details of how to write and promote ebooks, you can have a lot of success. For more information, you can visit popular internet marketing forums such as The Warrior Forum (www.warriorforum.com) and Digital Point (forums.digitalpoint.com)
How to make money with the Amazon affiliate program
Amazon.com offers an affiliate program with which you can earn money by placing links to Amazon products on your website or blog. Depending on the item that was bought by the client, you will receive a commission ranging from 4% to 15% of its price.
Joining the Amazon Associates program is easy, and can be done by visiting their website at https://affiliate-program.amazon.com .
To make money from Amazon's affiliate program, you first need to have a website or a blog. For example, if you have a blog that talks about books, you can put Amazon affiliate links to the books that you recommend. You will then earn money if one of your visitors makes a purchase using your link.
How to start your own Yahoo Store
A Yahoo store is a great tool that lets small businesses sell their products online. To start building your store, simply go to http://smallbusiness.yahoo.com/ecommerce/
You will then be able to choose the package which suits your needs. Packages start at $39.95 and up, and vary depending on the features offered.
Once you have signed up, you can begin designing your store front, adding items, as well as customizing options such as available payment methods. Yahoo makes it brain-dead easy for you to accept payments online, prepare orders for shipping, track sent orders, as well as manage your customer's information.
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