Review of Money Making Possibilities 1-4

From money making Possibility 1



Neutral rating (extremely low paying)



I talked about Triond.com. So far I have had 9 articles published and 22 pictures. For all this I have only made $0.60. But it slowly rises every day. It is based on the clicks you stuff brings in. The more people look the more you make. I have also had 6 articles turned down. I tried to post some recopies but they said I took them from Food TV, I got them from my mom and I guess that is where she got them. I have also been declined 3 pictures for poor quality. They posted the article fast!



Money Making Possibility 2 was EBAY. I have sold a few things and made about $70. I have also tried to sell a few big ticket items that haven’t gone yet but I keep trying and changing my approach. Big tip always use your own pictures the items go much faster.



Rating: above average (pays what you put in)



Next in Money Making Possibility 3 I talked about paid email. Well boffopaidmail.com is a scam. They don’t pay and I have heard this from other people too.



Rating horrible (no paying)



But Inbox Dollars is doing well. Getting about 1 email a day from them. I have had this account previously I have made $11 but I also bought a gold membership for $17. From the membership I have gained 24 referrals. But I haven’t gotten a referral in over a month now. But this site is going very well!



Rating: slightly above average (low paying)



Money Making Possibility 4



I talked about a site called MyLot. I love this site!! I get on and have fun discussions and promote my blog and get paid for it! Here is how my pay scale for the first week has gone:



All hours are not constant I was doing other things on the internet)



Day 1: spent 2 hours: $1.28

Day 2: spent 30 min: $0.99

Total: $2.27

Day 3: Spent 2 hours: $1.97

Total: $4.24

Day 4: Spent 1 hour: $1.49

Total: $5.83

Day 5: Spent 30 min: $0.64

Total: $6.47

Day 6: Spent 30 min: $0.59

Total: $7.06

Day 7: Spent 1 hour: $1.09

Total $8.15

Day 8: Spent 30 min: $0.82

Total: $8.97

Day 9: Spent 1 hour: $0.99

Total $9.96

Day 10: Spent 30 min: $0.98

Total $10.94



Pay out!!! I have to wait until the end of the month but on the 16th day of the month I have $16.19 and I have promoted my blog and other sites spending no more then maybe an hour on the site This gets my vote!



Not great but good for doing something I was doing on Yahoo Answers and NOT getting paid for! Now I haven’t gotten any referrals yet so this is all on my own. More later.



Rating Great (above average payments)

Money Making Possibility 2

Ebay for Profit:

http://www.ebay.com/
Most of us know how Ebay works, so I'm not going to give you a lesson in the basics, but there are simple tips you can use to maximise your profits at little risk to yourself, especially if you are starting with very little money to buy saleable items. Here's my step by step overview to building wealth through auctions.

1. Do your research. Many items sell well on Ebay, but a few don't. Start by selecting a few secondhand items of your own or from the nearest charity shop that you can see sell consistently on Ebay. No point in wasting time on something that rarely sells.

2. Make sure you know what your item is. You absolutely have to write a clear, full and tempting description. 10 minutes on this now will bring in the highest bids.

3. Take a clear photo. Photograph the item in natural light, on a plain background, and if there are particular features make sure you capture those. A good moneysaving tip is to take two pictures, and graft them together so that you only seld one (free) image to Ebay, saving yourself the fees from another picture.

4. Use the gallery option. Yes, it costs a few pence, but you really do get more bids when the picture is visible in a search.

5. Don't pay for any other extras. At this stage, you want a simple, no frills option to maximise your profits.

6. Calculate postage accurately. Don't be tempted to try to make your money on the postage fees. Its proven that people bid more generously on auctions where it is clear the postage charged is close to the actual stamp value. Round up a little for packaging, but where possible you want to use recycled packaging to save money and the environment.

7. Start the bidding at the lowest amount that will cover your expenses. If thats all it sells for, you havent lost out, but a low start tempts buyers in.

8. Be approachable. State in the auction that you are happy to answer questions and want the buyer to be pleased with the purchase. Leave positive feedback as soon as you get paid, wrap securely, include a businesslike but friendly note with the parcel. This ensures good ratings, and buyers who will bid with confidence.

9. When this aution is over, put your starting 'stake' away, the profits can now be used to buy and resell as you see fit, but you cannot lose money as you have already reclaimed the starting point.

10. If you are trying to accumulate wealth, get into the habit of banking or saving half the profits from every sale. Your capital to invest in selling more items will still be going up, but your savings will too.

Hope this has been of some help. Its important to take a logical approach to any of the online auction houses, but of you do you will steadily see profits and savings, which you can in turn use to swell your empire! Good Luck!