{----The BASICS of making $money online----}

Discussion in 'Guides' started by uselesspoop, Mar 4, 2012.

{----The BASICS of making $money online----}
  1. Unread #1 - Mar 4, 2012 at 2:03 AM
  2. uselesspoop
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    {----The BASICS of making $money online----}

    Making $MONEY$ online

    We all have seen successful examples of people making money online. And admit it, we just want to be like them. The thought of making money behind the computer screen, in your comfortable home is so enticing. However, majority of us are unsure of how to get started. So this where i come in - to help you guys begin!

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    Table of Contents

    1. Getting started
    2. Requirements
    3. The Fiverr method
    4. Freelancer.com
    5. Classic - buy low sell higher
    6. E-books and guides
    7. THE END


    Getting started

    Are you ready for this? First of all, making money online looks easy on the outside, but it is in fact a very tedious job! The hardest part of it is getting started. You are embarking on something totally new. Initially, you will feel unfamiliar and lost. Things will seem so difficult and taxing. Most people tend to give up at this point, after they realise that making money online isn't as easy as it seemed to be. So brace yourself, for the journey ahead is filled with obstacles!

    Requirements

    To succeed, you must have all of the requirements mentioned below. The more important requirements are marked with an asterisk*.

    -Hardwork and effort* : If you think that making money online is an easy process, now i tell you that you are mistaken. If you are unwilling to put in hardwork and sincere effort, you will get nowhere. These two aspects will be very crucial in how well you do.

    -Good command of the English language : If you can write well it is definitely an added bonus. Using your good command of the English language, you will be able to draw sales and appeal to the masses.

    -A paypal account* : You need to be above 18 to sign up for a paypal account. However, if you are still under 18, you can ask a parent/sibling for assistance. I'm sure they will be glad to help.

    -Originality and uniqueness : Most people prefer new, creative ideas. Being original and unique will catch the attention of potential customers and increase your sales.

    -The drive and dare : If you want to succeed, you must have the drive to succeed. You must want it bad enough, only then will you achieve success! In addition, you must dare. Dare to try unconventional tactics, dare to promote.

    The fiverr method

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    This is a good way to start. Fiverr is basically a place that allows users to sell their products/services for $5. In return, fiverr will take $1 off the sales. At fiverr, there are over 12 different categories and surely there is one that you stand out in.

    1. Go to fiverr.com and register an account

    2. Go through all the 14 categories and browse through the works of other users. Make a note of which users are highly successful in their sales and learn from them.

    3. Out of the 14 categories you have went through, single down to a few categories that you feel that you will excel in. ( Categories that you feel passionate about )

    4. Now that you've chosen the few categories you want to work in, sit down and think about an idea/product/service that will appeal to the masses. "How will i be different from the rest?" "How will my product draw everybody's attention and be a hot hit?" "What are my talents?"

    5. Think carefully and put in sincere effort into your idea. After you have come up with an idea, put it up on fiverr and patiently wait.

    6. Do not expect sales to go as fast as the top-rated sellers. Those sellers have been selling for a long period of time and built up a strong reputation in fiverr. You can be like them too, with patience and determination.

    7. Initially, sales will be slow. However, do not be dishearten. Boldy advertise your product/service in other areas like : forums, blogs, social-networking sites. Be confident and strongly promote it. You will eventually find interested parties.

    IMPORTANT TIPS
    -Be creative and original. Try to be as fresh as possible. People love new ideas.
    -Be puncture on your delievery time. When an order comes, get it done as soon as possible! Buyers will love you.
    -Ensure that your work has quality. Buyers will leave great responses and come back for more. Remember, quality over quantity!
    -Customer service. Always maintain a good relationship between yourself and the customers. Answer their questions and try to be as helpful as possible.
    -Patience. Your goal might be to become a top-rated seller. However, do not expect things to go smooth from day 1. It is not as easy as it seems! You will be experiencing long periods without sales. But do not give up. Instead, put even more effort into your works. Eventually, people will notice you and things will get easier.

    Freelancer.com

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    This is another website that works similarly like fiverr. However, the categories this website is tenfold that of fiverr's. On freelancer, users will post projects that they require to be done and other users can bid on these projects.

    To make money, you will bid on the projects. Find projects throughout the website that you feel capable of finishing and bid on them. As a new user, it will be difficult to successfuly bid on a project due to the fact that you are new. Since you have zero reputation, buyers might not feel comfortable using you.

    Therefore, like in sythe, you have to gain good feedback/vouches. You can start off by bidding projects at low cost for the sole purpose of receiving good feedback. Ensure your work has quality and be sure to maintain a good relationship with the buyers!

    IMPORTANT TIPS

    -Since freelancer only allows a free user to engage in 20 categories, ensure that you carefully pick the categories you want to work in. Try to choose the categories with a good amount of activity and volume in them.

    -Similar to fiverr, it will take time for you to achieve your first sale. You have to be patient, and slowly progress.

    -Build up your profile page. It matters alot.

    Classic - buy low sell higher

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    This is a classic method, buy low sell higher. I mean which idiot doesn't know this? Then i ask you again, why are you not doing this? Most people know of this, but they do not know where and how to begin with.

    In this section i will mainly talk about within Sythe.org. Here are some categories you will want to buy low and sell higher in :
    -> Gold exchange

    The reason why i don't advise you to deal with other categories such as account selling, etc. is because those are very unstable. Gold exchange is one of the most stable ways to make money.

    Basically you are taking advantage of people who wants to purchase gold quickly and do not mind paying a higher price or those who want to sell their gold away quickly and do not mind getting paid a lower price.

    1. Check the gold exchange sythe forums and find out the market prices of gold
    2. Fix a sell price and buy price for your gold shop based on your assumptions
    3. Begin your shop

    SO ITS THAT SIMPLE? bullshit!

    That is just the basic idea. Most people have tried setting up their gold shops but failed. WHY? Here's where i shall teach you to succeed instead!

    1. Get a custom made signature. Go to the GFX forums and look for someone willing to do a signature for your gold shop at a low/free cost. Place that in your sythe signature. This will boost your thread traffic and sales! In addition, if you need more advertising to be done, you can buy signature spaces of other users. ( However, ensure that the users are regular posters. )

    2. Vouches. After a successful trade, always keep the vouches given by the seller/buyer. Post'em vouches proudly on your original post. If you have traded with a higher ranking sythe member, post them on the top as people respect those most. With your vouches showing, customers will feel safe trading with you and your sales natually will increase.

    3. Thread layout. This is another important aspect. Although a simple thread layout will suffice, it is always better to have a great and organized thread layout. Ensure all necessary information is posted on your thread and make it visually appealing.

    4. Buying gold from sythe, then selling it to your local community. Since sythe is Runescape's largest blackmarket, you naturally will find the lowest gold prices in there. However, in your local community forums, where the market size is way smaller, the gold prices tend to be more expensive. The gold prices at my local community costs roughly $0.95 USD per mil. However, gold prices at sythe average how to be about $0.73 USD per mil. That means for every mil i sell to my local community, i net a staggering profit of $0.22 USD! That is almost 33% profit!

    Ebooks and guides

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    Another way of making money online is through selling your knowledge in a form of e-books or guides. Be it a lucrative money making guide on Runescape, or a guide on how to make money online, as long as there is a market audience, there will be buyers and you will profit.

    These guides will make you good money if it is well-written with a great deal of information. However, ensure that your guide is detailed and the methods provided WORK.

    A good command of the english language will definitely be of great help as it allows your ideas to flow and provides readers with clear information.

    IMPORTANT TIPS

    -Ensure that the guide does work before monetizing it. Include honest estimates of how much gp/hour or $/day you can make. Do not over-exaggerate just to increase sales.
    -Go through your guide a couple of times and edit it well. It will show how much effort you put into it and buyers will appreciate.
    -Complete the guide with pictures, it makes reading easier.
    -Give a couple of free review copies to the public. Good reviews will help you boost your sales.
    -Your thread title, layout and details. To boost your sales you have to have an attractive thread title. The layout has to be visually appealing and provide sufficient details about the guide.
    -Your guide/ebook must be original! You get get into trouble if you copy someone else's work.

    THE END

    Well, it's the end now and i hope you enjoyed this guide. Making money online is difficult initially, but as you get the hang of it, it gets only easier. Most of us have the ability to make money online, then you might ask me so why haven't we?

    Laziness is the main reason. Many of us who seek to make money online are lazy people, which is why we rather make money online than go out there. But as i said a hundred times, making money online has a level of difficulty too and require you to put in hard work and sincere effort.

    If you are willing to put in hardwork and effort, then you WILL surely be successful in making money online. And i wish you the best, GOODLUCK! :nuts:

    If you found this guide useful, please feel free to donate to [email protected] (paypal )Your donation will be very much appreciated! I wish you all the best in trying to make money online!

    -uselesspoop
     
  3. Unread #2 - Mar 19, 2012 at 1:48 PM
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    {----The BASICS of making $money online----}

    Not to bad a guide, I found this very interesting to read ^_^
     
  5. Unread #3 - Mar 31, 2012 at 12:44 AM
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    {----The BASICS of making $money online----}

    It's a pretty nice guide to read. I may try some of the methods you have explained!

    Good job!
     
  7. Unread #4 - May 8, 2013 at 12:35 AM
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    {----The BASICS of making $money online----}


    Yeah ! i agree with you . Nowadays,there are so many ways usable to make money online. Among all, i would suggest Reseller business is one of the easiest way to earn money via online. It is available at Goresellers.com . Here, you need to create a reseller account before starting it. After that , you can sell domain,hosting plans,etc.and earn good money through it.
     
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