Month: June 2017
6 Online Business Ideas to Make Money – Create an Online Small Business! (w/ Mark Ling)
In this video, discover 6 online business ideas and use them to create an online small business. Special guest: Online millionaire Mark Ling.
Get our free ebook – How to Make ,000/Month with Dropshipping: http://wholesaleted.com/4-step
Videos/links referenced:
Pick the Best Products to Private Label for Amazon FBA: https://www.youtube.com/watch?v=8rMIW8zKptI
Why I Quit Retail Arbitrage: https://www.youtube.com/watch?v=W-8cRWYe9Ec
How to Start a Business with No Startup Money: https://www.youtube.com/watch?v=17X6gnJT2II
Making Money with a Dropship Business: https://www.youtube.com/watch?v=zAhtNdhOK1Y
Online Business Idea #1 to Create an Online Small Business: Start a YouTube channel!
Even though this channel (currently) has under 100,000 subscribers, it still earns tens of thousands of dollars a month.
The key is to not monetize with Adsense. Here at Wholesale Ted, we have adsense turned off. Why? Because it earns very little money: It earns just -2 per 1,000 views for most channels. We also do not monetize with sponsorships as this is worth very little money, and we like to have control over products we recommend/promote.
Instead, we recommend that you earn your money through promoting products/services you use/believe in that have an affiliate program, or sell your own products/services yourself through your channel.
And be sure to focus on creating great videos and content. If you give the viewer tonnes of value and treat money as a secondary concern, you’ll make a lot more money that way!
Online Business Idea #2 to Create an Online Small Business: Become an Affiliate Marketer
An affiliate marketer is someone who promotes other people’s products. When someone purchases a product because of you, you will get a commission cut on the sale. This can be as high as 50-75%. Our special guest Mark Ling makes tens of thousands of dollars every week just from this single method.
As an affiliate, your sales are tracked through a unique URL. When someone clicks on that URL, they get “cookied.” That cookie tracks them and it means the merchant can tell if someone bought the product after clicking on your link.
YouTube is one method you can use to generate traffic, but there are several others as well, such as Facebook, Google Adwords, free Google search traffic, Pinterest and Instagram.
You can either link directly to the product with your affiliate link, or you can direct people to download a freebie like an ebook in-exchange for giving you their email address. You can then email them advertisements for affiliate offers. We usually recommend this method.
Online Business Idea #3 to Create an Online Small Business: Reselling & Retail Arbitrage
This method involves finding items offline and reselling them for higher prices on sites like eBay or Amazon. There are two main ways to do this:
1) Find items in thrift stores/garage sales/Craiglist/buy-and-sell Facebook groups and resell them on eBay or Amazon.
2) Find brand new items priced lower in retail stores than on Amazon.com. Purchase the stock and then ship it into an Amazon FBA warehouse. This method is called Retail Arbitrage.
As Sarah said in this video, she no longer does this because it doesn’t scale as well as some other methods, but it can still be a 6-figure business and is newbie friendly.
Online Business Idea #4 to Create an Online Small Business: Sell Your Own Digital Products with Affiliates
What is even better than being an affiliate? Having affiliates sell for you! Here is how this business idea works:
1) Create your own product (e.g. our special guest Mark Ling has an online course called Manifestation Miracle that makes tens of thousands of dollars every month).
2) Put it up on a site like ClickBank which has a huge pool of affiliates looking for products to promote.
3) Let affiliates drive traffic and sales to your product for you!
With the email list you build through your customers, you can then use that to promote other affiliate offers as well. It means you get to be both a merchant AND an affiliate!
Online Business Idea #5 to Create an Online Small Business: Dropshipping!
With this method, you can sell items without having to buy them in-advance. Manufacturers that dropship will let you buy items individually after a customer has ordered it, and they will ship it directly to the customer. It makes it a great ecommerce method for people with little startup money.
Online Business Idea #6 to Create an Online Small Business: Sell Products from China
With this method, you import items from China. There are several ways to sell these:
1) Private labeling & selling on Amazon’s FBA program.
2) Selling on your own websites (for even higher profit margins).
3) Combining with a digital product as an upsell (and use affiliates to drive this traffic).
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WTF!? Another Huge Game With A Sony Marketing Deal Gets Optimized On PS4 Pro But Not Xbox One X!
Seems odd that there’s now another game with Sony marketing rights that mysteriously isn’t optimizing on Xbox One X yet…
((SOURCE))http://articles.gamerheadquarters.com/article842farcry5optimizedforplaystation4pronoxboxonexdevkits.html
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Harvard Business School professor explains the most important problem we have in finance today
Mihir Desai, a professor of Harvard Business School and the author of “Wisdom of Finance” explains why having shareholders who are separate from the managers hold great danger for finance today.
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What’s The Best Way to Learn Online Marketing?
Online marketing isn’t a difficult skill to learn. Here’s how you learn it.
The first thing you need to do is go to Google and type in marketing related terms. Tons of marketing blogs like NeilPatel.com, BackLinko, Moz and Search Engine Land rank high. (The ones that rank high tend to be the best)
Read them. You will learn from reading.
But as you know reading isn’t enough. So implement what you are learning.
Don’t implement these marketing changes on your own site, set up a WordPress.com blog and test it out on there. Once you figure out what works, implement those changes on your actual website.
You can also use the Neil Patel SEO Analyzer. Type in your URL and it will show you what you are doing wrong. You can then take that data and make changes to your site.
As you fix the errors that the tool shows you, your search traffic will go up.
So that’s how you learn marketing. You read blogs, implement what you learn, and use tools like the SEO Analyzer.
Spatula Madness: Perfect Business
For when your business skills are perfect.
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Marketing Major | Course Advice
The Bachelor of Business and Commerce at UWS offers a range of different Majors that reflect specific business disciplines. A Major in Marketing will open up a variety of exciting future career opportunities.
Do NOT Make This Mistake When Starting Your Business!!
Many young entrepreneurs make this simple yet stupid mistake when starting their businesses. Don’t do it! Should we make more videos outlining other business mistakes?
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The Role of the Chief Marketing Officer
Chris Williams, CMO of Capgemini, explains the expanding role of the chief marketing officer. He says CMOs should help grow the business in a weak economy.
Village of Magic: Villagers turn hobby into booming business
Village of Magic: Watch villagers pull magic tricks in Shanxi, China. Nearly half of Liyu village’s 900 residents can do some form of magic and more than 200 are experienced stage performers. Magicians here have turned a hobby into a booming business.