Reality Check Part 4

You must be able to earn a "Bare Minimum" of 25% of the profits on anything you sell.

There are far too many companies paying 5% or 10% commissions or less. The hard fact is, you just cannot sell enough of something at those commission rates to earn a substantial income.

You must be able to become a reseller without shelling out a large amount of cash.

I know of one marketer who charges thousands of dollars for the privilege of reselling his products. That's crazy.

Unfortunately he's a big name marketer and lots of unsuspecting people fall into his trap. Nearly all of them never earn even their initial investment back. If you see a business opportunity that will require a large outlay of money, or the need for you to make many sales to earn back your initial investment, Pass On It.

But When Done Correctly, Reselling Can Be Extremely Profitable...

I know firsthand that you can make excellent profits promoting products or services that others have developed. I do this every day. Here's an example of how simple it is:

One of the products I resell is software. People simply download the program at my website and try it out. If they like it they order a registration code from me using their credit card. Product delivery is as simple as emailing their registration code to them and that's it. I earn fifty bucks every time. You won't find anything that easy in the real world. No inventory, no shipping, no risk. And that's just one example.

You can also build serious, residual monthly checks by reselling. (This is the ultimate reselling experience, as it generates recurring monthly checks whether you work or not!) I've managed to do this with a few different web-based service companies, ranging from web hosting to private site memberships.

Last year alone, companies like that paid me a substantial income combined. I simply "plugged" their programs into my existing business. The demand is there and this is not hard to do. It just takes a little know-how and some time to set the deal up properly and market it effectively.

And I want to make one more thing clear here. It does not have to be marketing information, software or services you resell. It can be anything along the lines of your interests. A friend of mine even built a residual income of more than $5000 a month (and still growing) as a reseller of personal ad sites on the web. No matter what your interest, there is serious money to be made in promoting existing products and services online - if you know what you're doing.

Remember, although the best way to make lots of money online is to come up with at least one product or service that you own, you can do quite well even without that component. As the above examples prove, even if you have no ideas for an online business, you can still make a living online. The real key is to get started building your own business right away.

Now, let's move on to that third question and answer what specific online marketing strategies and tools actually work.

In the next section I'll reveal a few of my best free and dirt-cheap online marketing strategies. Strategies I've proven beyond a shadow of a doubt, that will work for any business...

Part 5
- What specific online marketing strategies and tools should you be using to get website traffic that coverts into buyers?

John C Vincent