Did you know there are ways for you to easily sell other people's products without actually having to carry their stock? And the news gets even better ... you can also earn money from allowing people to advertise on your website. If you are starting a business, but are not sure what products to sell or if you are having problems sourcing products, this may be the solution for you.
You are most likely aware that you can earn money through your website by selling your products and/or services via an online store. But, did you know there are ways for you to easily sell other people's products without actually having to carry their stock? And the news gets even better ... you can also earn money from allowing people to advertise on your website.
If you are starting a business, but are not sure what products to sell or if you are having problems sourcing products, this may be the solution for you. And if you already have a website, there is no reason why you can't add to that revenue by adding extra income streams.
1. Advertising on your website
You could approach businesses who have similar target audiences as you and offer them space on your website to place banners or ads, but the truth is this can be time consuming and if your business is currently not getting much traffic it may be difficult to find advertising partners.
The simplest way to add advertising to your website is through Google AdSense. The way it works is this - Google AdSense places relevant ads on your website - they match advertisements to your site's content, and you earn money whenever your visitors click on them. They even offer you different options of advertising:
AdSense for Content - the robot crawls the content of your pages and delivers ads (you can choose both text or image ads) that are relevant to your audience and your site contentads so well-matched, in fact, that your readers will actually find them useful.
AdSense for Search - this allows you to provide Google web and site search to your visitors, and earn money by displaying Google ads on the search results pages.
Adding Google's AdSense to your site is fast and easy - all you do is sign up for a free account and you will be provided with a simple code that you (or your website designer) can add to your website. You can choose different styles, shapes, colours and sizes of ads.
You can see examples of Google Adsense Ads by going to: www.heygorgeouskids.com
To learn more about Adsense, simply search for Google Adsense in your favourite search engine.
2. Selling other people's products via Affiliate Programs
Another way to earn money through your website is via affiliate programs.
An affiliate (also known as associate, partner or referral) program is simply any type of revenue sharing program where a website owner receives a portion of income for generating leads, traffic, or sales through a graphic or text link to a merchant website.
Merchants specify how much affiliates will be paid and under what payment terms, how sales will be tracked and when/how payments will be made.
The great thing is that it doesn't cost you anything to join and you earn commission simply by referring people to the merchant's website.
You don't need to ship any products or handle any payments. Again, all you do is place special code on your website and the rest is done automatically.
There are hundreds of different affiliate programs, so you can find products that complement your products/services.
3. Your Own Amazon Store (aStore)
Amazon takes your affiliate/associate program to the next level by providing you a free online store with thousands of products. No programming is necessary. The aStore setup tool will guide you through the process and generate a URL to which you can link or embed in your site. All Associates have access to aStore, and there are no fees associated with building stores for your sites.
You can select product categories or individual products. Again you don't need to keep stock or even process payments - you simply refer people to your store.
4. Selling Your Own Products & Services
If you want to sell your products online, you need a shopping cart. Forget about having printable order forms or asking people to email you to place an order, because in most cases they won't. If you make it too difficult to buy your products, your visitors will go elsewhere.
You have several options:
1. Get your web developer to create a custom shopping cart for you, although this can be quite costly
2. Use existing shopping cart software (simply search for "shopping cart software" online)
3. Set up a free Paypal shopping cart - all you need to do is sign up for Paypal Business or Merchant account.
You may even consider setting up an affiliate/ partner program, which will allow others to sell your products. The great thing about this is that you only have to pay them when they sell your products. There are some excellent websites, which allow you to easily set up an affiliate program. For more information search on "affiliate programs"
If you are spending money on developing a website, you may as well make the most of it.
Affiliate/Associate Programs and Google AdSense advertising are free to join and once they are included on your website, you don't need to do anything, except promote them.
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