A great residual income generator is reselling domains names and web hosting. The reason this is so beneficial is that the customer must pay you annually to keep their domain name or monthly to keep their web hosting account active. Obviously they can pre-pay for a certain period but they still remain your customer.

Domain Reseller Earns $35,000 In One Month

It’s true, a domain name reseller earned over $35,000 just last month reselling domain names, web hosting and other website related services. Obviously this is a top performer that put a lot of work into their website and marketing but it definitely can be done.

This reseller started out small and as time went on he started building a client base that renewed their services which allowed them to earn more in month than some people earn in a year and all they do is market the services.

Resell Domains Through WebsiteSpot.com

WebsiteSpot.com offers a domain reseller option through WebsiteSpot.biz and gives you a pre-defined website already built, all you need to do is login and customize the page.

The great thing is that you don’t even need to support your customers if you choose not to. 24 hour phone and email support is part of the annual fee of $59.99. The is for a basic reseller program and to lower your buy rate on domains, web hosting, etc you can upgrade to the Pro Reseller for $159.99 per year and earn even more.

What You Need To Become A Domain Reseller

As I mentioned, there is an annual fee of $59 to get started which gives you a turnkey website. All you need to do is login and customize the look, enter the information as to where you want your commissions deposited and a few support options.

Then it’s time to start marketing, if you already do any sort of design services this is a great way to monetize the domain names and web hosting that you offer your customers. If you’re just wanting to start a website to make money it’s important to find a niche market to market to so that you’re not competing with the large domain registrars.

Support Options

Lastly to help you get started and make your domain reseller business successful there is a full forum to interact with current resellers along with a weekly online chat for you to share ideas and ask any questions that you may have.

There’s a 30 day money back guarantee and if you happen to have any questions feel free to email me at david@websitespot.com. To learn more feel free to visit WebsiteSpot.biz.

Best regards,
David L.
www.WebsiteSpot.com

How Does Selling Advertising Work

If you have a decent amount of traffic to your website it’s probable that there are companies that would be willing to pay you to place a banner add or simply a text link on your website. Generally you’ll find that the companies that want to advertise on your website offer complementary products.

For instance, say your website is a tutorial about making your own website. If you can get a decent amount of traffic to your website it’s likely that you could sell advertising to companies that offer website building software or search engine optimization services.

The reason is that they know that the people that are visiting your website would be more interested in their product or service than if they were to advertise on a website related to cars.

How Much Can You Make Selling Advertising

This question is best answered by the amount of traffic that your website receives. If you get 100 hits a day your pricing would be significantly lower than if your website receives 50,000 hits per day.

The best way to determine pricing is by doing research on websites that currently sell advertising space. To take it a step further, it’d be best to research websites in the same market as the product or service that you offer.

How Is Advertising Billed

There are two main ways to sell advertising, you can either sell it for a flat rate per month regardless of hits to your website.

Another method is CPM, this is ‘cost per thousand impressions’, what this is saying is that you’re going to bill based on the number of times the advertisers ad is displayed.

For instance, say your website gets 50,000 hits per month and you bill at $5.00 cpm. This is saying that for every 1000 impressions (times the ad is displayed) it costs the advertiser $5.00. In this example you would bill the advertiser $250. As you can see the more traffic to your website the more you can make.

Another options is cpc, cost per click, this isn’t a very popular option because the opportunity for click fraud is there so it’s not an option that most advertisers would consider.

Additional Information

If you’d like to read more on selling advertising on your website you can visit a page that I put together with detailed information on how to sell advertising space on your website. You’ll also find a couple of free software options to manage your advertising campaigns.

In my next post I’ll cover selling products online.

Best regards,
David L.
www.WebiteToad.com

What Is Drop Shipping

Drop shipping is a method of selling a companies products without having to invest in buying the products in bulk. The pricing is generally slightly higher than if you were to buy them wholesale but they are still priced to allow you to make a profit.

How Does Drop Shipping Work

Drop shipping works by setting up an account with a company that offers drop shipping. Then you place the products on your website, generally through shopping cart software of some sort. Your visitors then complete the purchase through your website. You’ll need to accept payments online through either a merchant account or even through Pay Pal.

Once the sale is completed you’ll need to notify the drop ship company via the method that they specify. Some companies will want you to email it to them while others will require the order be faxed in or completed on their website.

Once this is done they will fulfill the order that you specified and generally email you a tracking number which you can pass along to your customer.

Benefits Of Drop Shipping

The main benefit of drop shipping is that you have no up-front cost. If you don’t sell anything, you don’t need to pay anything.

Another benefit is that most drop shipments are done anonymously meaning that the companies information is nowhere in the delivered package. This is a benefit because if the customer wants to reorder, they will most likely come back to your website for repeat purchases since they know nothing about the company that actually shipped their order.

Also, one nice thing about drop shipping is that it’s low maintenance. You don’t need to keep inventory, pay payroll or even rent to store all of the merchandise.

Additional Information On Drop Shipping

If you’re interested in reading more on drop shipping companies you can view an entire article that I wrote on making money drop shipping. In the article you’ll find information on locating drop ship companies in additional to common fees that you’ll likely incur.

Best regards,
David L.
www.WebsiteToad.com

What Is An Affiliate Program?

Affiliate programs allow you to make money by referring your website visitors to a specific companies products or services. Most affiliate programs are free and can be setup in about 5 minutes.

After you have completed your registration you’ll be given a unique id within a link to the website for example, www.VendorSite.com/affid=1234. When you make your own website you’ll simply link to the vendors website using this unique URL.

When a visitor to your website clicks on that link a cookie is placed on their computer to ensure that you are given credit for the referral. If the visitor completes a purchase with the vendor you’ll receive a pre-defined percentage of that sale.

Some companies pay you per lead such as mortgage companies. What happens here is if the visitor completes a form or some other lead generating method you are paid for that as well. As I mentioned, you’d run into this will mortgage companies in addition to insurance companies, credit card companies, etc.

Low Startup Cost

As I mentioned, setting up an account as an affiliate is generally free so it’s a great way of making some additional money without having to come up with any sort of money up-front.

If you happen to have a particular subject that’s related to your website you can search for companies that offer affiliate programs and link to them. This is your best option because if your website is related to cars it doesn’t make much sense to have affiliate links to baby gifts.

Additional Information

I have created an ‘how to’ page on making money with affiliate programs if you’re interested in reading information on affiliate marketing and easy ways to manage you’re affiliate campaigns it’s definitely worth reading.

Best regards,
David L.
www.WebsiteToad.com

He’s been a friend of mine for many years so I knew that he knows a lot about Ford Mustangs and he stays up on the latest Mustang trends. I mentioned that he may consider making a blog and adding Google Adsense to it. Once I talked to him about the ease of it and his only investment is $6.95 a year for a domain name and about $4 a month for web hosting he was sold.

We registered the domain name and setup a hosting account and then we installed WordPress on the domain name and found a free WordPress template to give it the feel that he wanted. It took us about 30 minutes to the the blog online.

After that I had him sign up for a Google Adsense account and added the code to a couple of places to his blog. After that he was ready to go and started writing various posts related to Ford Mustangs.

That was about 5 months ago and since then he says that he’s bringing in about $500 a month through his Google Adsense account. It’s not something that he’s going to retire on but as he builds a larger following he’ll start to earn more. Plus it sure helps with the way gas prices are today.

The other thing is that he’s considered starting a couple more blogs and if he can get them to the point where he is now he can make a nice supplemental income for about 1 hour worth of work a day.

What I’m getting at is that it’s very easy and affordable to make money online especially when you can integrate something like Google Adsense onto your blog. It’s free to setup an account and after you go through a short wizard you’ll be given a snippet of code that you can place in your blog.

If you’re interested in reading more on making money with blogs take a look at ProBlogger.net. In my opinion it’s the authority on the internet about how to monetize blogs.

Best regards,
David Lalumendre
www.WebsiteToad.com

The popular thing to do is park your domain name with a company like DomainSponsor.com and make money on them when someone visits the page and clicks on one of the ads that display on the web page. Below I’ve listed a few alternatives to Google Adsense that you can do with your web pages.

BANS – Build A Niche Store Review

BuildANicheStore.com is a unique way to make money with your unused domain names. It’s based on the eBay affiliate program and allows you to build complete websites and display current eBay auctions on your website. eBay will then pay you up to 75% of their profit. For auctions $99 or less that number is 50% but goes up as the value of the auction goes up.

The nice thing about Build A Niche Store is that you can choose from a large selection of professional templates and you can add unique content to help with getting listed in organic search results.

As the name mentions, BANS is great for building a niche store so if you have domain names that are really descriptive but don’t want to build a full flegdged website you can quickly put up websites and still monetize them.

Another feature that I liked was the ablity to integrate Google Adsense into your pages as well. This will allow you to make money online even if your visitors don’t end up purchasing anything from eBay.

Build A Niche Store Features

Below I’ve listed a few of the features of BANS that you will find very important.

Security: You have a password protected admin panel.

Store Editing: Within your admin you can update the content of each page for SEO reasons such as the meta tags.

Ads: As I mentioned above, you can integrate Google Adsense into the pages as another way of making money with your parked domain names.

I highly recommend you checking out BuildANicheStore.com and view all of the features that they offer along with live sites that were developed using BANS.

Best regards,
David Lalumendre
www.WebsiteToad.com

Niche marketing is the method of focusing on a specific portion of an industry or service. The idea is to focus on a product or service that the main street companies aren’t actively pursuing. The demand may not be as big but it’s a market that’ll allow you to compete without the large marketing budget.

What Is An Example Of A Niche Market

Finding a niche market is easier than you may think. The example that I’m going to give you is a very seasonal niche market but it’s a niche market just the same.

I was searching for a Christmas related domain and found that the domain name ChristmasToiletPaper.com had just been released. I did a bit of research on WordTracker and found that during the Christmas season it was actually something that many people searched for so I registered the domain name.

I think use The Drop Ship Directory and found a wholesale provider and I was instantly in the Christmas Toilet Paper business. I know it sounds funny if not extremely odd but it’s a market that had demand during a certain season and there was virtually no-one offering a decent website offering the product.

Benefits Of Niche Marketing

The obvious benefit is that the ‘big guys’ aren’t spending their large advertising dollars on niche markets. They focus on the mainstreet products. Think of it this way although Apple sells accessories for their iPods & Macs the lion’s share of their advertising goes to marketing the actual iPods & Macs, not the smaller accessories.

Another benefit is the lack of competition, like I mentioned above, there is a seasonal demand for Christmas Toilet Paper but not enough to get a lot of websites interested in it. This makes optimizing for search engines much easier along with making any Pay Per Click advertising much more affordable.

Hopefully this helps in your search for product or services to offer online.

Best regards,
David Lalumendre
www.WebsiteToad.com