Two Pricing Mistakes to Avoid When Making Money on eBay

It can be very simple to become successful when it comes to running an eBay business to make money online. This is especially true if you have already established a good reputation as a seller on eBay. However, running an eBay business can be quite frustrating if you are just starting out. Below are a few simple tips you can follow to make money with your eBay business even if you are just starting out.

Setting the right starting price for your product is among the most important things you can do to be successful with your eBay business. There are two mistakes you must steer clear of when setting your starting price. The first is setting a price much higher than your competitors and the second is setting is too low compared to its value.

When you set your starting price much higher than your competitors, you quickly lose the interest of your potential bidders. For this reason, it is imperative for anyone who has an eBay business to study the selling behavior of their competitors. Check out other sellers with similar items as what you are offering with your eBay business. From there, you will have a better idea of how high you should set your own starting prices.

Setting your starting prices too low, on the other hand, will keep you from your potential to make money online. You should always consider the value of your product when you have an eBay business. Whenever you feel your product has much more value than your competitor’s starting prices, you can set your price low as well. However, you must be sure to utilize eBay’s Reserve Price feature. This will allow you to attract more bids and sell your item only when the reserve price you set has been met.

These are two of the most important things for you to take note of when you truly want to make money out of your own eBay business. By steering clear of these pricing mistakes, you can surely achieve your potential to make money online.

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Stop Being Fooled By Cash Generating "Systems"

Guest post by Bruce Alan

If you are searching for ways to make money online you will undoubtedly come across countless money making "systems" on the Internet. These ebooks or programs all promise to make you more money than you probably think is possible. The word "system" is used a lot because that almost makes it sound like a machine that does the work for you while you sit back and reap the rewards. A system might be a set of instructions that anyone can follow and replicate over and over to make good money. This sounds very enticing to the uninitiated searcher of information.

Everyone hunting for money making ideas would love to find a real "system" to generate cash online. We are all looking for the easy way out and that is why lotteries are so popular across the world. It is very easy to fall into the trap of thinking that there is some secret out there that the rest of the world knows about that we don't that could change our lives. This is the mindset that Internet marketers prey upon.

Unfortunately, the only system that really works is plain old hard work along with an understanding of some basic online principles. You will find that in most cases, those that succeed online have not done so by accident. For instance, this blog ranks #1 for the Google search term "make money online" which is searched for more than a fair amount of times everyday. That search term is widely sought after among Internet marketers and it is by no fluke that this blog is on top. Alan did not get to the top by mistake or by some stroke of luck but by hard work. A prolonged solid linking campaign along with frequent posting has proven to pay off for him along with patience and perseverance. It did not happen overnight and your path to online success will not happen right away either.

No matter how many times people are warned about online scams and systems that don't deliver, they will undoubtedly continue to be fooled by Internet marketers who are masters of enticing advertising that sounds too good to pass up. If you are one of those that just has to buy the next money making ebook or system, I suggest two things. First, make sure it has a money back guarantee which you can take advantage of if you need to. Second, always click out of the online ad once to see if a discount coupon comes up. Many online money making ebooks and programs will give you a discount of $10.00 up to one half off if they think you are leaving without purchasing. So if you must have that ebook, at least try to get it for a discounted amount if you can.

Bruce Alan is the author of a work from home jobs website where he is hoping to someday quit his real day job and work exclusively from home.

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MoneyMakerInfo's Traffic Went up 40%

This blog is getting more targeted traffic from Google. My SiteMeter traffic counter shows that there is about 40% increase in Google traffic for the past four days. The unique visitors of MoneyMakerInfo has moved up to 1,420 daily for the past four days compared to the 1,000 daily unique visitors I used to get previously.

However, I haven't able to monetize these additional traffic effectively. My AdSense income hasn't grown much. I'm thinking how I can turn these targeted traffic into more revenue.

This is a good opportunity for you to publish a guest post on MoneyMakerInfo. You are going to get more traffic from your guest post that publishes here. The traffic can make you money. You can convert the traffic into AdSense income or turn them into lead or opt-in subscribers so that you can promote your affiliate programs effectively.

You will also get two permanent anchor text links to a similar website. MoneyMakerInfo is currently ranking no.1 for the keyword 'make money online', 'make money' and top 3 rankings for many other related keywords in Google.com. Your permanent anchor text links in this blog will help increase your search engine positions.

More details about how to submit guest post to MoneyMakerInfo can be found here.

For advertisers, I believe everyone has enjoyed a satisfying amount of traffic especially for the last few days. Hope that these traffic has benefited your business.

So, you can get a share of the 1,420 daily unique visitors of MoneyMakerinfo that can make you more money online. There are two options for you. You can either publish a guest post which will feature on the homepage for about 5 days or if you want to get a lot more targeted traffic, placing a banner ad on MoneyMakerInfo is your best choice.

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Make Money Online by Buying and Selling Domain Names

Guest Post by The Old VIC

There are many ways you can make money online, one way which you may not have considered, but where big money is possible, is by buying and selling domain names.

The idea is simple, you buy a domain name e.g. ZitBusters.com, you list it for sale, at the industry auction sites such as Sedo or Afternic (or possibly even eBay) someone offers you a vast amount of money for it and you sell it. Well, that’s the idea, the reality is somewhat more prosaic.

To sell the domain names you buy, you will probably need to actively market them i.e. find the e-mail addresses of people that you think may be interested in your name and fire off an e-mail. If you’re lucky or the name you have is an obviously excellent name then you will get an answer saying something along the lines of “How much do you want for your name?”, which is when negotiations begin.

So what is an ‘excellent domain name’. Generally, they are dot coms (dot coms are worth around ten times as much as dot nets) and they are generic e.g. shoes.com, beer.com, business.com.

How much are generic dot coms worth? Well, the highest sale so far in 2008 is Fund.com which sold for the tidy sum of $9.9 million, Invest.com came in at number 5 and sold for $1.015 million, NewlyWeds.com on the other hand was number 53 and sold for $130,000. Sales are reported every week over at DNJournal.com where you can also see a list of the highest selling names of the year.

You may have seen the iReport channel on CNN. Where did they get the name iReport from? They bought it from self-styled ‘Domain King’ Rick Schwartz for $750,000. Rick Schwartz is one of the most successful and well-known of the domainers in the domain name industry. Other big names to look for are Kevin Ham, who has a portfolio of domain names worth around $300 million, Frank Schilling, Sahar, Rick Latona, Yun Ye who sold his portfolio of domain names for $164 million and many more. All these guys have interesting tales of how they got to be where they are by simply buying domain names, hanging on to them for a while then selling them on for a profit.

So what sort of names should you buy? As mentioned above, generic names are the best but of course most of the dot coms are already gone. So if you want a good generic name you may have to buy it off the person who already owns it. Alternatively you can wade through long lists of names that are dropping (i.e. not being renewed) at places like TDNam and Snapnames. Or of course you can try and discover a gem that no-one else has registered (very difficult as all dictionary word dot coms were registered long ago).

A word of warning, some registrars are unscrupulous and if they see you have looked for a name but not registered it, they will then ‘reserve’ it for you, by which they really mean block it and sell it to you for an inflated price. Do a search on network solution front running. Godaddy are the biggest for registering domains and they seem to be OK, but if you do find a good name that isn’t registered you would be well-advised to register it quickly as there are very few secrets on the Internet. The price for registering a dot com is around $10, but do a search for ‘discount codes’ and you will probably find coupons that will give you a 20% discount. If you use the code 199TEST with Godaddy you should be able to register a domain name for 99 cents, but it only works once. Bear in mind also that there is a 5 day ‘grace period’ and if you change your mind registrars will often cancel your domain name and refund the fee if you ask nicely.

More words of warning, steer clear of trademarked names i.e. stuff like Google, Microsoft, Armani etc... you will only cause yourself a lot of trouble.

While waiting for your names to sell you can either develop the name into a blog or a site or you can ‘park’ them . Parking them is a simple way of creating a page with some ads. on which may or may not bring in some money while you wait to sell your domain. You need to sign up with a ‘parking’ company. The easiest one to sign up with is Namedrive. In an interesting development Google has decided to set up its own parking service. This after previously criticizing parking companies as offering no value and being of no use etc.... Now that Google has set up its own parked pages it appears that parking domain names is cool. Go figure. (From what I hear though, most domainers are not recommending Google’s parked service due to the many complications involved.)

For more information about the whole domain name business you can visit forums like NamePros. To see what sort of prices domain names have been selling for check out DNSalePrice.

This is only an introduction to domain name trading but it gives the basic ideas. There are people who have made millions from domains, and in my opinion successful domainers make lots of money but it does take a lot of work, particularly if you are just starting out.

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Why You are Able to Use Facebook's Viral Nature to Bring More Traffic to Your Site and Make Money Online?

Guest post by Claude Laloi

Facebook is a popular, free-access social networking" site. Facebook started in 2004 and since then the company has had many success. Did you know Facebook has 140 million active users? Facebook can be use to boost your traffic in a viral nature. Here are some basics to get you started with using Facebook to make money online.

Here are some important components to getting traffic on Facebook.

Why is Facebook viral?
The "News feed" and "wall" are the core components behind the viral nature of Facebook. It can be use, if you know what you are doing to get more traffic and make you more money. How you might say? Well, understanding how to use the News feed and wall will allow you to increase traffic to your site by sharing content to your Facebook friends list and their friends' list.

What is the News feed?
The News feed is a unique combination of recently published items by a user's friends. The News feed is the first thing every Facebook user sees when they first log in the system. Most action you or your friends take is posted on the News feed.

When you make a comment, post a picture, share links, and even when you create events they may show up on the News feed. Facebook uses an algorithm to determine what appears on your News feed and it has to do more with your interested, rather then every single post appearing on users News feed

What is the Wall?
The Wall shows a constant updated feed of content and actions related to the profile user. Almost all of the content related to the user is posted on the wall. Everyone who has a Facebook account has a Wall. Some examples of what can be posted on your Wall:

• All messages left by your friends
• Recently tag images
• Updates to your profile
• Comments you made

The difference between the Wall and the News feed is that with the Wall you have to click on your friends name or profile to view what's on the Wall. The News feed is the first thing you see when you log in.

What's the big deal about the News feed and Wall? Why is it so important I know about them?

The key to using the News feed and Wall is to get a lot of good quality content posted to your Wall. This will increase the chance the item will appear on your friends News feed. In order to make it all work you need friends.

Many people fail to understand how to use Facebook to get more traffic and hopefully make money online. If you can learn to leverage this medium you can bring more traffic to your site and make more sales.

Author bio
You can learn more great up to date traffic suggestions and ideas for making money online by following my blog. The Internet is evolving and if you don't keep yourself up to date on what's working you will be left behind.

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