The only way to earn big bucks via internet is not clickbank nor PTC - but eBay
By wealthglobe
@wealthglobe (44)
Singapore
September 10, 2008 4:57am CST
I think relying on PTC and clickbank affiliate program are totally a waste of time!
The rise of many PTC websites has brought about many scam websites with it.
Clickbank on the other hand is earning US$50 per product listed while the seller and the promoter (the affiliate) aren't really earning.
That's why I have already gave up on both. Let me tell you the truth, the only way to earn is be a middle-man.
What I mean - example: google.com has adwords and adsense, google played a middle-man role in here:
advertiser pay $ (adwords) - google - pay $ to webmasters (adsense)
In the process google is earning a considerable sum of money as people signed up to promote their affiliate links and websites. (Are you one of those people?)
All the PTC websites are based on this model to earn if you think about it. So you think you can really survive by clicking the $0.01 ads daily? Or you hope someone will click on your adsense links so that you'll earn $0.50 per ads? Or even pray that a miracle will happen when somebody purchase something through your clickbank hop link?
Those smart people, acting as middle-men, are out there to make big money while making good use of people like you and me, who are earning small amount of money through them.
To truly earn from the internet, forget about clickbank or PTC, focus on eBay. Be a middle-man yourself! Buy discounted or cheap stuffs from sellers and sell to buyers at a slightly higher price. Minus the cost of product and other fees, the rest are pure profits. This is how I made my first S$1000 within 20 days when I first started selling imported psp (PlayStation Portable).
Just to share my experiences and knowledge with you guys. Thanks
P.S. clickbank and PTC are outdated...really
1 person likes this
2 responses
@luiscpatag (355)
• Philippines
12 Sep 08
Hi wealthglobe! Thanks for the insight. I am only new here at MyLot, as I only joined the discussions about two weeks ago. After two weeks I'll be having the original work-hours and still don't know if I can continue posting comments here.
Anyway, joining e-bay as a seller/re-seller can be a great business. I myself is interested how e-bay works and have also started buying.. Unluckily, my first 2 transactions went to bad and led to refund. But that will not stop me buying from e-bay, now that I've known/proven that I am protected when purchasing.
My brother-in-law is buying from e-bay (singapore?) and he is reselling the items at their office. He can get some profits of up to 40% of the original item cost. Not bad hah!
@wealthglobe (44)
• Singapore
12 Sep 08
Nice profits he's earning~ Oh bad transactions do occur sometimes. But eBay is still a good website to look for stuffs~
@arunangshu (60)
• India
10 Sep 08
Its really awesome. I didn't know it before, very useful. But how can I be sure that I will be able to sell that product in a higher price??
@wealthglobe (44)
• Singapore
10 Sep 08
The keyword: research
You got to know that you are not the only one who are selling these particular product (unless you are very sure of it or it's your own product). There are other ebayers who are selling same things and have the same idea as you.
Know what they are selling, their selling price etc. Ask yourself: can you still earn if you sell lower price than them? If not then sell other products.
Example I import psp at a price of S$290 each in bulks. Other ebayers are selling their psp at standard price S$350 more or less. You just have to sell above your buying price ensure profits and below your competitors' selling price to ensure buyers buy from you.
As a seller you must always think and see from the buyers' point of view.
Now seling of psp and iphone is outdated. I'm still researching on current market on what to import to sell.
