BANS – Making Money Online – Lesson 1
Hi this is the first part of my BANS [Build a niche store] making money online tutorial series.
First we will cover the item that we need to ensure our success.
1) Build a niche store scripts for our site. These can be found here: BANS STORE
2) Compatible hosting. This needs to have the following
php 4.0+ or above, mysql, cpanel
We recommend that you use hostgator hosting as this is guarenteed 100% compatible. Hostgator Hosting
3) A domain name is essential here. Choose a domain name with your niche in the words and choose a .com or .net domain.
4) Tools: Install the ‘flock’ browser and the ‘google’ notebook, seo, alexa addins.
5) Affiliate accounts that you will need:
Ebay partner network -> signup here
Google adsense -> signup here
I would also suggest signing up for amazon, commision junction and clickbank accounts for extra revenue.
If you don’t know what affiliate marketing is then here is a brief description of how it works.
What you have is several hundred products that are being sold by hundred of retailers. these retailers advertise those products in the usual way and make profits from those products when they are sold.
However, they also recruit other to sell their product for them and when they sell them they receive a %age of the cost agreed previous to the sale. Most retailers have a %age setout for their products.
When you sell a product for a retailer the customer goes to the retailers site and a ‘cookie’ is saved on the customer pc that identifies which affiliate has sent them to the site, so that when the product is sold the affiliate (thats you) get a payment based on the percentage agreed.
Basically that is it.. You get the customers to come through your site and they find a product they like and ‘click’, the cookie is saved and the browser takes them to the item. They buy it and the retailer gets paid and you get your percentage of the sale.
So when we come to ebay you simply promote products that other sellers are selling and you get a cut of the money when it is sold. On your site you also have other adverts that your also promote and make commisions off.
It is really that simple and is the easiest way to make money from home
next lesson I will show you how to do keyword research for your site to attract your customers in there thousands.