Creating Multiple Streams of Internet Income: Writing For Pay

"Don't put all your eggs in one basket."

We've all heard that quote, but what does it mean when it comes to earning money in general and earning money on line in particular?

It means getting streams on income from as many different sources as possible. If you sell on eBay, have several different products or suppliers. Don't get too comfortable when one line is doing great, be sure to have another one in the works. Markets change fast and you need to be evolving right along with them.

The same goes for suppliers. Have at least two or three main suppliers, that way you are less affected when one changes prices or policies.

It also means selling "wide." If you only sell on eBay, consider also selling on Amazon. Start building your own web site. When you sell on multiple sites, you have the opportunity to earn more. You are also less at the mercy of any one site's rate changes.

It is important to also consider completely new revenue streams. Many online people earn money writing articles. There are great opportunities to share your knowledge and earn some money at the same time.

One place you can earn money writing is the Examiner. You can apply to become an examiner in just about any area. They offer pay based on traffic and ad revenue. They also have a great referral program. For every new writer you send them, they will pay you $50!

Writing on line is a great place to share the knowledge and expertise you have about your niche or what you sell. Check out the Examiner and please tell them I sent you.

Retail Resale--Risk Free Ebay Inventory

If you live in an urban area of any significant size you have a great opportunity to acquire inventory (risk free) to sell on eBay. Many eBay sellers earn decent money reselling items purchased at their local stores.

Many online shoppers live in rural areas or in foreign countries and don't have access to the stores we take for granted. They especially lack access to sales and to clearance items. This is where an eBay seller can help out! You do the digging and find the bargains and sell it to them on eBay.

Here are some tips to get started:

1.) Stick to name brands. They sell much better on Ebay and are what people search for.
2.) Look for clearance and deeply discounted items. EBay items usually sell for 10-20% below retail, so you will need to buy things discounted at least 40%.
3.) Make sure you list it as "new" and mention in your description that it is "new with tags."
4.) Research before you buy. You may need to make two trips, to see what is on sale and compare it to the completed listings on eBay. A smart phone helps out here.
5.) Save your receipts and pay attention to return policies; this makes it simple to return unsold items.
6.) Store Suggestions: TJ Maxx, Marshalls, American Eagle, Hollister, Abercrombie, DSW Shoes, Outlet Malls

Last Spring, I walked into Walmart and noticed the Twilight Board Game for sale. I knew the Twilight books and new movie were very popular. I bought a couple of the games to see if I could sell them on eBay. They were $15 at Walmart and I put them on Ebay for $30. By the next morning, both of the games had sold. I returned to Walmart and bought all the games they had in stock. It was a nice week for me on Ebay thanks to that one item.

If you have any "retail resale" success stories, I would love to hear about them!