Fast Cash - Canonbury Publishing Ltd
Transcription
Fast Cash - Canonbury Publishing Ltd
Compendium_1209NL2.qxd 9/12/09 17:09 Page 1 Limited Edition December 2009 THE Fast Cash COMPENDIUM The Best Money Making Ideas from the Archives of Canonbury Publishing Ltd Are you my Home Biz Opp Entrepreneur of the Year? 3 Dell Laptops up for grabs in return for your story… INSIDE: One A Day Compounding Experiment “How Clive Keeling Turned £100 Into £5,579 Placing One Low-Risk Bet Per Day – And How You Could Do The Same...” ..................................2 Jon Street’s Turnkey Online Business Plan Use My Fusion System To Create Instant Online Wealth Without A Website! ......5 Trading Strategy Hello T hank you for taking the time to read this very exciting Fast Cash Compendium. Why exciting? Well, firstly because it’s been quite a year, and the past six months have brought us some fantastic blueprints and income boosting ideas – from a one-a-day betting strategy that, for Clive Keeling, turned £100 in to £5,579, to 2 proven ways to make money through other peoples unwanted junk. And secondly because I’m using this Compendium as the exclusive place to launch and invite entries to the first ever Canonbury Publishing Home Business Entrepreneur of the Year competition – giving you a chance to win a Dell laptop just for telling your story! How To Trade False Breakouts For Profit At Times That Suit You ...........15 What makes my job here so satisfying is hearing the real results that come back from you – telling me which ideas are working for our readers. Tips for Online Success In short, your stories! They make me, and all of us here, really happy. Yes, You Can Build A List Of Hungry Buyers If You Follow These Simple Techniques ..................19 Business Blueprint: House Clearance Business Two Proven Ways to Make Money & Source Products Ready For Resale Through Other People’s Unwanted Junk ..................................24 Selling on eBay Yes, There Really is a Big Market for Macabre and Criminal Ephemera .....29 But I want to hear more of them. And that’s why I’m inviting you to tell yours and potentially win a Dell laptop! I know that our business ideas and fast-cash income generators work – I don’t print them unless proven. But until I know how readers are putting them to use, and making them profit, I’m never truly satisfied. I believe that telling stories to each other is a big part of what makes us human. Every great entrepreneur has a great story to tell When it comes to sharing your story, you couldn’t have a more receptive audience than the Canonbury Publishing please turn over Compendium_1209NL2.qxd 9/12/09 17:09 Page 2 office where we eat home biz opps for breakfast. Drop me an email at competitions@canonburypublishing.com with ‘Home Biz Winner 2009’ in the subject line and tell me your story. So, for the first time ever, I am launching a competition to find the best stories from my readers. It’s exclusive to those selected to receive this Fast Cash Compendium and you are in with a real chance of winning a laptop worth over £400 – all you need to do is sit down for five minutes and drop me an email. I really can’t wait for your response. Nick That’s right, all I’m asking is for you to email in and tell me your success story - no matter how modest it might be. One A Day Compounding Experiment “How I Turned £100 Into £5,579 Placing One Low-Risk Bet Per Day – And How You Could Do The Same...” Tell me about what’s worked from the scores of ideas we’ve printed over 2009 – or even something we printed earlier but that has taken off or taken hold of you over the past year. Your story doesn’t have to be thousands of words long, it doesn’t have to be written like a Shakespeare Sonnet – or even a Dan Brown novel. And it wont be judged on your use of grammar, spelling… not even on how much cash you made. Clive Keeling - editor - What Really Wins Money I t began with an idea in November 2008 looking for a high strike rate selection strategy. Importantly, the system would have to be very easy to use, very practical (you can place your bets and go), and likely to make a sustained profit over time. It’s the heartand the passion of your stories that I’m interested in – the real businesses, the real people, along with the ups and downs that go with setting up a business. Why did you pick the business idea you did? One year has passed now, and I have learned a lot which I would like to share with you. How does it fit in with the rest of your life? The original betting idea was to find a betting strategy which would accommodate the idea of compounding. Did you give up the day job? Did you run it in the evening or on Sunday mornings? To recap, by looking to make 2% of your bank (e.g. £100), and doing this day in and day out, you will be looking at a handsome reward over time, because Einstein’s “eighth wonder of the world” – compounding – would take over. Did it pay for this year’s family holiday? What did your wife / husbands / friends / kids make of it when you told them what you were doing? Did they laugh? Were they supportive? How much did you have to invest? A simple example of compounding can be seen below: How does running your home business make you feel? DAY 1 Betting bank of £100. We are looking to make a target profit of 2% of our betting bank every day. What about you and your business might make you worthy of being crowned one of Canonbury Publishing’s Home Business Entrepreneurs of 2009? Target profit is made. The new betting bank is now £102 (which is £100 plus our 2% target profit which equals £2). Like I said, it’s not just about how much money you made – it’s about how you have taken an idea and made it work for you. Moving on to Day 2, and we have a new betting bank of £102. Today we are still looking to make 2% of our betting bank. With our new betting bank at £102, the new target profit today is £2.04. 3 winners will each receive a top of the range Dell laptop - will you be one of them? Our target profit for day 2 is met, and our new betting bank becomes £104.04. The deadline to email in your story is 31st January 2010. I’ll be in touch with everyone who enters at that time, if not before, with more information about when you’ll find out if you’ve won. And so it continues. As our betting bank grows, so our target profit per day will grow. This is the essence of compounding. 2 Compendium_1209NL2.qxd 9/12/09 17:09 Page 3 For more great money-making ideas go to www.whatbizopp.com BUT Betfair will still pay out on 1st, 2nd, and 3rd place. As the year progressed, the compounding element worked, but was problematic when a one-a-day bet lost. The reason? In order to sustain a high strike rate, inevitably the odds will be short. Imagine we have an eight runner race. Two horses are withdrawn. The field is now six runners, so if we bet on the place only market with Betfair, we are encountering a race where any selection we make only has to beat three horses to place. This increases the probability of making a profit. So I investigated other staking plans which could be fitted into one-a-day betting and these proved to be very profitable, while at the same time keeping stakes small in proportion to the betting bank. 2 – Let the market do the work for you. I will be passing on my findings later, but firstly here are some lessons learned after being “in the trenches”, following this one bet a day philosophy day in and day out for a whole year. Do not dismiss short-priced favourites. They are short prices for a reason. The market has done the work for you in highlighting these “apparent” sure things. I say “apparent” because it is our job to see if we can find any justification for such short prices. A key factor to the success of one-a-day betting is the focus on short prices. Surely it is easier for a 1/5 shot to win than it is to pick a 5/1 winner every day. How ‘One-A-Day’ works For those new to one-a-day betting, here is a brief synopsis. The idea is simplicity itself. What we are looking to achieve here is to find just one bet a day amongst all of the betting opportunities that are available to us. A 95% strike rate for the one-a-day selections ensures that you will profit despite the short prices – so make the bookmaker your friend in this instance. Yes – just one bet a day! That could be football, tennis, greyhounds, horse racing, or any other sporting event. Here is a very recent example: However, I came to the conclusion that the best place to look for solid bets consistently is in the placeonly horse racing markets. 440 CHELTENHAM BETTING FORECAST: 2/5 Barizan, 5/1 Forty Thirty, 6/1 Riptide, 12/1 Royal Max. Why place-only horse racing? It is far easier to pick a horse to finish in the first three places than it is to pick a horse to win only. The place-only market is available via the Tote, at bookmakers such as Paddy Power and Bet365 and at Betfair. Betfair is my preferred option as the prices are far more competitive. DIOMED VERDICT: If running his race then BARIZAN should continue on his merry way. This is the Betting Forecast which you will see at the base of a race card with the Racing Post. Barizan is priced at 2/5. The next best horse is priced at 5/1. The Betting Forecast is showing that there is a gulf in class between the favourite and the rest of the field. Further, there are many opportunities each given day for place-only betting, where in other markets, there may be no betting opportunities. Because there are only four runners, Betfair pays out on only the first two places. Barizan is priced at 1.11 to place. One-A-Day improvements By focusing on just one betting style means that I have picked up a number of tips and tricks which increase the strike rate and keep the profits rolling in. This means that, in order for us to profit, Barizan has to finish 1st or 2nd out of four runners. 1. Place-only betting in the horse racing market. Barizan won the race so the place-only bet was successful. Betfair can offer superb betting opportunities when there are non runners. The market had highlighted this strong favourite for us. 1.11 may not be much of a price, but imagine 365 of those winning over a year! Let’s look at a typical eight runner horse race. In the place-only market, you will win if your selection has finished 1st, 2nd, or 3rd. Football betting If there are any horses who are withdrawn from that eight runner race, reducing the field to seven or six, the bookmakers will react in the place-only market and only pay out for 1st and 2nd place. The bookmakers can also point us towards football teams who have an outstanding chance of winning their matches. please turn over 3 Compendium_1209NL2.qxd 9/12/09 17:09 Page 4 As a matter of habit now, I visit www.ladbrokes.com every day, and by clicking on “football”, take note of all football teams priced at 1 /2 or lower. The largest stake was £439 and the average stake was £274. With a 95% strike rate, I personally see no problems with that kind of outlay in proportion to betting bank. Ladbrokes (who are accurate with their football odds) have highlighted these “apparent” sure things to us, and now it is our job to justify backing at such short odds. I cannot explain how Kelly Staking Plan calculations are made – I have just left it to the Staking Machine to tell me my new stake. www.soccerstats.com and www.betdevil.com are two websites which are superb in showing you football teams’ recent performances, their opponents’ performances, head to heads and much much more. If you were to follow the one-a-day betting, then I would advise a purchase of the Staking Machine as a way to maximize the profits if this Kelly Staking Plan interests you. With this information, a short-priced selection highlighted to us by the bookmakers can be justified as a bet, and become a one-a-day bet. Percentage of betting bank Starting with a £100 betting bank, and a first stake of £10, the betting bank now stands at £5,579 These are the main tricks I have picked up over the year. I have also learned, through investigating a number of staking plans, that there are better ways than compounding which really can maximise profits over a year without putting a lot of money at risk. This is betting 10% of your betting bank every day there is a bet. Hence the £10 starting stake. This staking plan encapsulates the power of compounding. Starting small, then letting the stakes increase only as your betting bank increases. Money management lessons learned This is the staking plan that will appeal to most people because the very first stake is just £10. It will seem as if you are going nowhere in the initial stages because returns are so low, but stakes will rise and profits will rise, and the snowball effect of compounding will take over. There are 3 staking plans I would like to present to you which have produced exceptional profits since November 2008 (exceptional profits given that the odds we are focusing on daily are very short). Level stakes So where to from here? This staking plan involves betting a set amount every day. I include it as there are no calculations of stakes. Everything is clear. Make your one-a-day bet, and place the stake you have chosen on the selection. I hope I have convinced you that there is a profit to be made from very short-priced bets despite the conventional wisdom telling you otherwise. Betting a fixed stake of £100 on one chosen bet a day since November 2008 up to October 2009 has produced a profit of £4,091. The key to success is in the approach you take. Blanket backing of all short odds selections will simply not work. BUT if we become ultra selective, and on each given day search out that ONE selection that has the greatest chance of success, be it from a horse racing place-only perspective, or from doing a little research after the bookmakers have highlighted for you a football team most likely to win, then you will profit well a year from now. POSITIVES – The stake is set so once you have selected your bet, you can bet and go. NEGATIVES – Betting to a fixed stake will not maximize profits as your betting bank grows. Kelly Staking Plan For those with limited resources who want to make this one-a-day system work, the best way is by betting 10% of a starting bank of £100. Your first bet will only be £10 but after nearly a year, you have seen how the betting bank has become £5,000+. I just had to include her, didn’t I! And for good reason. I put the 304 bets I have generated since November 2008 into the Staking Machine (found at www.thestakingmachine.com). The most profitable staking plan was the Kelly Staking Plan. The high strike rate married with the short odds ensures a steady long-term growth. Starting with a betting bank of £1,000, using an expected win percentage of 94 (my actual win percentage is 95%) and a divisor of two, the betting bank as at 17th October 2009 stands at £12,582. I have included two other staking plans, one of which will ideally require an investment in staking software 4 Compendium_1209NL2.qxd 9/12/09 17:09 Page 5 For more great money-making ideas go to www.whatbizopp.com such as that found at www.thestakingmachine.com. I refer to the Kelly Staking Plan in this instance, and the investment in the staking software should be adequately compensated by future profits. that people could, potentially, have gripes with. From personal experience I know that people get over these fears and worries once they start to earn a bit of cash online. They realise that, you know what, it’s not that scary after all and they might just be able to handle everything themselves. But until they make their first couple of hundred quid everything seems a tad intimidating. I have kept a diary of this experiment and urge anybody interested to look through previous days and months and see how I have approached making one-a-day selections. The diary can be found at www.back-lay-tradehorses-football.blogspot.com and will teach you a lot. I can appreciate that fully. And that’s why in this article I am providing you with a complete, turnkey business plan that you can start within the next twenty four hours. You should be able to see returns pretty quickly, not to mention consistently, and you’ll never need to build your own site or deal with any customers. Now is an ideal time to try this out for yourself. I managed a 95% strike rate over the year and fully intend replicating this for a new 12 month cycle – hopefully, with a little help from Kelly, who knows? Highly Recommended! As well as that, I have some pretty shocking news to report on some new product launches by some of the most respected marketers on the planet. Are people starting to see the real truth behind one of the biggest marketers online? You’ll soon find out. “How a ‘Foolish’ Betting Idea Turned £200 Into an Easy £8,108 in 12 Months And How You Could Do The Same” First though, let’s make you some cash! How To Make A Killing Online By “Fusing” 2 Businesses Together And Following A Proven Social Pattern S imply follow my daily ultra low-risk short-priced bets and you could easily turn a small bank into serious money If you read my weekly email newsletter (if not, why not! Sign up for free updates at www.canonburypublishing.com/detective) you’ll know that in recent months I have been studying a lot of books on the human mind. I have studied everything from social psychology, influence, conversational hypnosis, persuasion, NLP and much more. And boy have I found some truly exciting things in my journey into the “black arts” of influencing other people. All you need is an email address, a Betfair account (I’ll show you how to set one up) and a starting bank of as little as £100. • Ultra low-risk selections • 95% of bets are successful • PROVEN, public track record • Takes just 30 seconds a day! • ALL your profits are tax-free Visit www.canonburypublishing.com/oneaday now to find out more. One of the phenomena I found out about that truly fascinated me was the process of what is called “reciprocity”. Turnkey online business plan In the book The Science Of Persuasion And Influence by Robert Cialdini the author talks in great length about reciprocity. Use My Fusion System To Create Instant Online Wealth Without A Website! I want you to think about when someone sends you a Christmas card. Have you ever received a card from someone that you never planned to send a card to, but when you got one from them you felt obliged to send one back? That is reciprocity in action. Jon Street - Editor - Internet Income Detective I get hundreds of emails every single week. And the main gripe I see over and over again is that people struggle with all of the technical work when it comes to online business. People find building a website scary or impossible. They don’t like the thought of answering people’s emails or being the “face” of an online business Have you ever got an invite to a party from someone and thought “damn it... now they’ve invited me to theirs I’ll invite them to mine”? That is Reciprocity in action What about when someone buys you a drink in the please turn over 5 Compendium_1209NL2.qxd 9/12/09 17:09 Page 6 Now you might be panicking here thinking you might have to work for people’s sites for free or something silly like that. Don’t worry, my new system is as easy as pie to implement. Providing you can speak, send emails and search the web, you already have everything you need to get started in the Reciprocity business. bar and you feel the need to return the favour, unless you’re a complete tightwad? Again reciprocity is in play. Essentially, reciprocity means that if someone does a good deed for you, you feel obliged to return the favour. Our society has bought us up in such a way that we are programmed to do this even if we don’t 100% want to. Before I break it down and really go into detail on this let me provide you with a short step-by-step example of how this is going to work. I read that in Cialdini’s book and I knew that it could be used online. I just couldn’t quite figure out how. Step One. You decide upon a niche market to go into. For example, weight loss, self help, make money, golf... anything you want. A few weeks later I was reading another book, this time a book on the psychology of brainwashing (I’m a freak, I know, but you’ll be thanking me soon). And in the book it explains how people become brainwashed by believing they are in a win-win situation. If you create a situation where someone cannot lose, or is led to believe they cannot lose, you can get people to do pretty much anything. Step Two. You locate public domain works for that niche market. Public domain means that it is copyright free and you can do whatever you want with the information. For example, there have been numerous times where a cult leader has led people to believe that by ending their life they will get huge benefits. Win- win situations can even lead to people committing suicide! That’s how crazy the concept is. Step Three. You get a simple microphone from PC World (£19.99 USB Logitech Desktop Microphone is fine and also available online from amazon.co.uk), download the free software at audacity.sourceforge.net and read the book out, creating an MP3 recording of the book. Remember, if people have nothing to lose and everything to gain they will do pretty much whatever you want them to. NB: If you don’t like to read stuff out yourself I’ll show you a way round that later. It was as I was reading this book on brainwashing and the win-win situation that I was taken back to the reciprocity idea. If you do something good for others they will also do good for you. Step Four. Go to websites like www.clickbank.com, www.cj.com or just search google for (*niche* affiliate program – replacing niche with whatever market you are in) and sign up as an affiliate to a popular product in the niche market you are in that sells well. And that, dear reader, is the secret behind my new system and making a fortune online. Let’s get stuck into the Fusion System. Step Five. You now have an asset that is an audio product. You can locate websites in your niche market and offer them this audio product for free. They can sell the product, give it away to build an email list, anything they like. Reciprocity And You The basic idea is simple and easy to implement. And the great news is you can get started for free and the scope for this online is endless. Step Six. In order for them to get the free money maker that is your audio program they have to do one of two things. They either have to send out an email promotion to their list that includes your affiliate link for the product you are promoting or they have to add a banner to their website that includes your affiliate link for the product you are promoting. What we are going to do is to create an offer for an online website owner that is irresistible. It is a win-win situation for them. Then, due to the art of reciprocity, they will be inclined to do us a favour back. And this is where we make our money. Now due to the win-win situation for them in getting your audio for free that they could make more money from with no extra costs, AND due to the phenomena of reciprocity, they will be much, much more likely to do a deal with you. By approaching a business and offering them something that can instantly make them more money, without making them pay for it, you will get their attention. Trust me. Regardless of what people say they are in online business for the money and if you can help them make MORE money for NO extra work OR cash you’ll have them eating out of the palm of your hand. They’ll love you for it and want to return the favour. This all adds up to one thing – money in the bank for you without having any of the usual headaches of online business. Sound good? Great. Let’s get stuck in... 6 Compendium_1209NL2.qxd 9/12/09 17:09 Page 7 For more great money-making ideas go to www.whatbizopp.com States Government, it is free for anyone to use – and Finding Ready-Made Books To Turn there is literally tons of information waiting for you! Into Fusion Assets Below is a list of US government offices where you can obtain free public domain work that was published by the government. You may be thinking “why is it an audio program we are creating for people? Why not just give them a free book?”. Well, because ANYONE can create and give away a free book, but very few are giving away free audio. And that’s where the value lies. • The Library of Congress – http://catalog.loc.gov • The IRS – http://www.irs.gov • US Government Printing Office – http://www.gpoaccess.gov/cgp/index.html • Government Information Connection – http://www.library.unt.edu/govinfo/subject/catsindx.html • National Security Agency – http://www.nsa.gov/public/info • US Department of State – http://www.state.gov • NARA – http://www.archives.gov • FirstGov – http://www.firstgov.com • Federal Citizen Information Center – http://www.pueblo.gsa.gov • The FBI – http://www.fbi.gov • CDC – http://www.cdc.gov In a world of iPod’s and MP3 player’s people love to download audio of subjects they are interested in to listen to at their leisure. So by providing the website owner with an audio recording of a book, you are providing them with something of genuine value and therefore they are much more likely to do a deal with you. What I am providing you with is a shortcut for making money online that no one else in the world is using. Unfortunately, this is real life, not a dream world, so you will have to put some effort into creating something of value in order to make this entire process worthwhile. But the way I see it is you have two options. Either put some time into creating an audio program and use this reciprocity system, learn how to build your own sites and marketing, or go broke. That’s three options, but I don’t count the last one as being an option at all. Finally, Wikipedia has a nice resource for finding public domain works in various genres. Here, you will find a comprehensive list of resources divided into numerous categories. Just choose the category that best suits your needs. Take a look at: Ok, so let’s begin with actually finding public domain works for you to turn into audio programs. You can of course read out your own content you have written or hire a writer to write brand new content, but the public domain is free and has some amazing books, so it’s worthwhile. http://en.wikipedia.org/wiki/Wikipedia:Public_Dom ain_Resources. Once you’ve found a good quality public domain book it’s time to turn it into an audio program. Let me show you the fast track way first. By spending a little cash you can cut your time down for finding them by many hours. A great little website is at www.nichemarketingideas.com or www.thelostfiles.com. At these sites you spend a little cash ($97 one-off fee and $29.97 a month respectively) and you can access an instant vault of public domain information and books that you can instantly read out and turn into audio products. Creating Your Audio Program Again, you have two options here. You can do it yourself or spend a bit of money. But remember that even if you do spend some cash you are creating an asset that can make you money for months or even years to come. The first thing that you’re going to need is a USB microphone. Personally I use a cheap “Logitech USB microphone” from PC World or www.amazon.co.uk. The prices will range from £19 – £29. If you are on a tighter budget then you can search for books at the websites below. Be warned though, many of these sites contain mainly fiction books. We are looking for information-type books and niches such as golf, weight loss, fitness, make money, self help, etc rather than a Shakespeare book or a Charles Dickens book. Once you have your microphone I recommend one of two audio creators. I personally prefer the audio program from www.techsmith.com called Camtasia Studio. You can download Camtasia Studio from Techsmith on a free trial for 30 days. It won’t cost you a penny to download, although it will deactivate after a month if you don’t pay for a licence, but in that time you can easily create your audio product. You find these books at www.gutenberg.org or you may want to start your online search at the Internet Public Library at http://www.ipl.org. There are numerous books that you can view online on a wide variety of topics. Another option is audacity.sourceforge.net. It is a free download of an audio mixer, but is a little more please turn over Another option is materials produced by the United 7 Compendium_1209NL2.qxd 9/12/09 17:09 Page 8 difficult to use than Camtasia. be in MP3 format which is much smaller then a WAV file. MP3 files are smaller and more popular so it may be worth your while playing around with Audacity and learning how it works. For this example I’ll show you how to use Camtasia as it’s also free and is easier to use. Plug in your USB microphone and open up Camtasia. Then click on “Voice Narration” as I have done so below. Once you have read the book out you will be left with a number of audio files. You want to “zip” these up to make the files smaller to download for the website owners you do deals with. To do this use www.winzip.com which is a free program. When you approach website owners and offer them the free audio if they promote for you they will need to be able to download it. Which means you need to get it on the net for them to do so. The easiest way to do this is to use a file sharing site like http://www.yousendit.com. Upload your files and you will get a link that you can send to other website owners which you will approach. By this point you will have an audio program all read out, added it to yousendit.com and are ready to approach people who have a website in your niche. On the next screen, providing your microphone is plugged in you’ll then see a “Start Recording” button. By clicking on that you will start to record. If you have got to this point you have put in the most effort you need to. The rest is the easy part... Google Keyword Research The next step is to find websites in our niche to provide the audio to. What we are going to do is use search engine giants Google.com to find websites that are using pay per click advertising on keywords in our niche market. The reason for this is because they will be getting traffic. And if they are building an email list they will have LARGE lists. And the larger the list the more cash we’ll make with this Fusion System. To make sure the microphone is picking up audio, speak into it and see if the green bar in the “volume” section goes up and down. If it does then you’re all set. Leave a 30 second gap at the beginning and just start reading from the book. Pay per click is a method of bidding on certain keywords so that when someone types that keyword into Google, whoever is bidding on that keyword shows up for that keyword term. The first thing we need to do is build up a keyword list so we can pinpoint websites in our market who have pay per click adverts aimed at keywords people in our market are searching for. Yes. It’s that simple. I advise you break your reading of the book up into five pages or 10 pages a time, or per chapter. This just makes it easier for you to read out and also makes the download size of the audio program smaller. Go to Google.com and type in “Google Keyword Tool”. After reading a section click “Stop recording” and you will be left with a .WAV file in Camtasia. Alternatively, go straight to the website directly at https://adwords.google.co.uk/select/KeywordToolExtern al. NB: If you use Audacity to create the audio it will 8 Compendium_1209NL2.qxd 9/12/09 17:09 Page 9 For more great money-making ideas go to www.whatbizopp.com You will the web page below You will be greeted with a list of keyword suggestions from Google related to the keyword you typed in (i.e. your niche market). On this web page you want to insert the main keyword that describes your niche market. So let’s say you found a great book in the public domain on golf. You located an affiliate program in the golf niche market and have signed up to it. Now it’s time to find golf sites to fuse with. Firstly, I ensure the “Descriptive words and phrases box is checked. What I want you to do is scroll down to the bottom of that particular block of keywords and click on either “Text” or “CSV”. Next I type in “golf” in the white box under where it says “Enter one keyword or phrase per line”. I also fill in the “text robot” where it says I have to “type the character you see in the box below”. Google do this to ensure I am a real person and not a piece of software scraping for keywords. And then on “Save”. Save it somewhere like your desktop where you can find it easily. (See top of next column.) What you now have is a comprehensive list of keywords you can use to locate websites you can use the Fusion System with. I then click on “Get keyword ideas”. You might want to expand your keyword list. So 9 please turn over Compendium_1209NL2.qxd 9/12/09 17:09 Page 10 I’ve then gone to Google.com and typed in “golf swing”. underneath the list of keywords in Google look for the bold black writing “Additional Keywords To Be Considered”. Scroll down to the bottom where it says “Text” or “CSV” and again save this list. This list of keywords will be related to your market, but won’t include the main keyword, in this case “golf”. These will still enable us to find tons of websites to partner up with. Once you have your keyword list it’s time to go and find sites... Google Research The next step is to use Google to actually find websites that are using these keywords to drive traffic to their web pages. In other words, we will find websites perfectly relevant to our market. On the right-hand side of the page the small classified ad listings you can see are called pay per click adverts. All you need to do is grab a keyword phrase from your list of keywords you have. You can pick one at random or go through the list one by one. It’s perfectly up to you. But try to focus on keywords where people are looking for information rather than something to buy. For example, below I ignore the keywords related to buying something, like golf ball, golf bags, and focus on something where people are looking for information. You can’t buy “golf swing”. It is an informational search. So I’ve gone with the keyword phrase “Golf swing.” I click on the first advert on the top right “Single Plane Golf Swing”. Fantastic! The site owner is building an email list. We know that because we can see what is called an “opt in” form on his web page. Opt in is a fancy word for a form which asks for email details. If you see one of these it’s a good sign because it means the owner could blast out an email promotion for you, in exchange for the audio 10 Compendium_1209NL2.qxd 9/12/09 17:09 Page 11 For more great money-making ideas go to www.whatbizopp.com program, and make you big cash. Quickly. What you want to do is fined a “contact” or “support” link where you can get in touch with the site owner. Straight away I see that the site is building an email list. This guy might get thousands of visitors a day and could have a HUGE email list. I dig around and click on “More”. I look for the “Contact Us” or “Support” link and find it at the bottom of the page. I click on it: All I’d need to do is click on the customer support link and fire off an email. And once again this could turn into a very lucrative deal for me. I find a “Contact” page and click on that. All you need to do is rinse and repeat what I have shown you so far. I assure you it really is that easy. You locate sites in your market and shoot them an email and you’re away! All I’d need to do is either ring that number, or in most cases just fill in the email form and shoot them an email (I’ve given you the Fusion System approach email to send later in the blueprint). That was just one keyword we picked and just one set of Google Adwords pay per click ads we checked out. You can work your way down your keyword list just typing them into Google and then emailing those who show up in the adwords section. You could also do the same with the listings on the left-hand side. These are called the “organic listings”. From start to finish that took me less than two minutes to find a potential site to fuse with. And yet I could make hundreds, thousands or even tens of thousands in a few days if they go ahead with the deal and accept the audio program in exchange for a promotion! I go back to Google and find another site with potential... You have hundreds of keywords and tens of thousands of ads to investigate and set up deals with. Let’s check out the approach email to send to potential businesses. Your Fusion Email please turn over 11 Compendium_1209NL2.qxd 9/12/09 17:09 Page 12 Once you have found a suitable site to fuse with it’s time for the exciting part – the approach! provide you with a fantastic new audio program in the (niche) that you can sell or give to your customers. And you never need pay me a penny. There are two ways to do this. One is more powerful than the other and can lead to all sorts of exciting partnerships. However, it is more timeconsuming and I know a lot of newbies won’t feel comfortable with it. All I ask in return is that you either add a banner advert of mine to your website or send a promotion to your list for me. This is a win-win situation for everyone. You get an amazing new (niche) audio course to give away or sell and build relationships or earn cash from and I can make a little side income for my affiliate business. The other is a lot easier, faster and won’t cost the price of a phone call. However, it is a lot harder to snare the big deals. We’ll start with this approach first... The Email Approach If you give it away your subscribers will be delighted to get such quality content at no cost and will love you for it. They are also much more likely to buy your products now and in the future because you will have shown them how much you care for them. The email approach is the route I imagine most people will take. It’s certainly the route I first took when I first started going about setting up partnerships with other businesses. On the other hand, if you sell the program you can quickly bring in cash with hardly any extra effort. All you need to do is locate a web page on the site you have found that says something like “support” or “contact us” or something along those lines. An example is below: I just hope that you will consider my offer and get back to me. You can email me on this address and we can arrange a call (optional) or get stuck straight in. I can send you the download details straight away if you wish. Whether you decide to use my service or not, thank you for spending time reading this. To your success (your name) What do you do next? You wait. If you don’t hear from the site owner within five days you then send them the second email... Email Follow Up (If You Don’t Get A Reply) Subject Line: About Your Business Proposal For (Their Site Name) Hi (First name) It’s (your name). I hope you don’t mind me emailing you again. I just wanted to make sure you received this email. If you are busy and yet to answer that’s fine. Or if you are just not interested and don’t want to answer that’s fine also. Rest assured, if I don’t hear back from you I will not send any more emails. Then all you need to do is click on the support/contact us page and send them the Fusion System email below. Email Approach One Subject Line: About Your website (First Name) However, just in case my last approach slipped through the net or was accidentally deleted I have sent it again. It would be great if we could set something beneficial up for yourself, your subscribers and I. Hi (First Name) My name is (your name) and I just came across your fantastic website in the (niche) market. As I am also interested in this market I wondered if you could spare me a minute or so. Here’s the email I sent you a few days ago... Hi (First Name) You see, I am very passionate about helping people in this niche. So passionate in fact that I am willing to My name is (your name) and I just came across your fantastic website in the (niche) market. As I am 12 Compendium_1209NL2.qxd 9/12/09 17:09 Page 13 For more great money-making ideas go to www.whatbizopp.com also interested in this market I wondered if you could spare me a minute or so. And after that? Well, you just sit back and watch your commissions roll in! You see I am very passionate about helping people in this niche. So passionate in fact that I am willing to provide you with a fantastic new audio program in the (niche) that you can sell or give to your customers. And you never need pay me a penny. The Who Is Approach If you really want to impress people, and snare the site owners with HUGE lists who can make you huge commissions, then you do really need to start approaching people via phone calls. Emails can be deleted in a second, phone calls can’t. All I ask in return is that you either add a banner advert of mine to your website or send a promotion to your list for me. Sometimes the website will have a contact telephone number on their site. Most of the time they won’t. And that’s where the website http://whois.domaintools.com/ comes in. This is a win-win situation for everyone. You get an amazing new (niche) audio course to give away or sell and build relationships or earn cash from and I can make a little side income for my affiliate business. Go to http://whois.domaintools.com/ and type in the domain name of the person you want to contact. Who Is will search their database and bring you back the person’s contact details and telephone number. If you give it away your subscribers will be delighted to get such quality content at no cost and will love you for it. They are also much more likely to buy your products now and in the future because you will have shown them how much you care for them. Expanding Your Empire So you’ve set up a deal and are now seeing commissions come rolling in. Money is good but you haven’t made life-changing income. On the other hand, if you sell the program you can quickly bring in cash with hardly any extra effort. I just hope that you will consider my offer and get back to me. You can email me on this address and we can arrange a call (optional) or get stuck straight in. I can send you the download details straight away if you wish. Yet. The secret behind all multi-millionaires is what is called “leverage”. Leverage in a business sense is something that gives you the upper hand. Something that allows you to make more money. Whether you decide to use my service or not thank you for spending time reading this. www.agentsofvalue.com To your success, Agents of Value is a website where you can hire virtual staff to work for you. You can pay these people to go out and set up deals for you. The prices will range but start at $625 for a link builder, which is essentially what you’ll be hiring them to do. Shoot off emails and try to set up a deal. (your name) If they don’t reply, don’t let it bother you. There are an endless amount of sites out there to do deals with. If they do reply then you are nearly there! I can’t give you advice on exactly what to answer because all emails will be different. But here are a few tips: Here is the Agents of Value main page • Always be polite • Always put their needs first • Arrange a phone call if you can • Explain that it is a win-win situation • Tell them that they have nothing to lose as it is a free proposal The main thing to keep in mind when you are dealing with a reply is that everything you do must be beneficial to the site owner. It is about them not you. Once they give the go ahead it’s as easy as sending them a link to the downloads of the files and the email/banner advert to send to their list or add to their website. please turn over 13 Compendium_1209NL2.qxd 9/12/09 17:09 Page 14 If you click on “Link Builder” on the right-hand side you will come to the next page: Both on the Internet and offline there is a strategy for getting exposure for your product or service called press releases. A press release lets people in your industry know that you have released a new service or product. It is used to create maximum exposure for your business. Online you can submit a press release to a website called www.prweb.com and it will blast your press release all over the internet to relevant websites. What you can do to generate tons and tons of exposure for your service literally overnight, is write a short press release on the fact you are giving away a free audio course to website owners in your market, submit it to prweb and then sit back and watch the deals come to you! A word of warning. This will cost from $80-$360 depending on which exposure package you buy. So only invest in this once you have made some commissions from the other methods. Here are just some of the virtual workers you can hire. You can also hire writers here full-time. So in one place you can hire people to set up deals and people to write. You can, if you were ULTRA into freedom, hire people to manage those who set up the deals and those who write. So, quite literally, you do nothing but think of how to spend the cash you make. To submit a press release to prweb.com visit their home page and click on “Create A Free Account”. Can you see how cool this is? It’s a proper business with realisitic income potential. And you need not do a single thing. Think the guy who started Mcdonalds spends his time flipping burgers? No. He has people to do all of that for him whilst he sits back and counts the cash. You’ll be doing the same with your Flip Switch business. www.craigslist.org Another option in hiring virtual staff to do the “dirty work” for you is craigslist. This takes a little more work compared to agentsofvalue.com but it is an option. To read up on it go through their help sections http://www.craigslist.org/about/help. Once you’ve created a free account you can submit your press release. You may wonder which package to sign up to. You have the $80 package ranging all the way up to $360. So what is the difference? Well basically, the more you pay the more exposure you get and, in theory at least, the more deals you’ll have come to you. Everything you know up to now is enough to make a serious income on the net. Now let’s take things to the next level with some advanced strategies... I want you to think about this for a second and the power of what I have just taught you. Imagine you owned a self-help website. All of a sudden you either receive an email or land on a web page and see the words “New Free Service For Self-Help Websites. We Provide You With Audio Courses For Your Subscribers And Customers For Free!”. Do you think that would get your attention? Overnight Content Factory This is really, really cool. Imagine if instead of you having to go out and set up deals, people in your niche market came to you in their droves and begged you to give them a free audio program to sell or give away in return for them promoting your link. That’d be something pretty damn special, wouldn’t it? Well, I figured out a very cool way for you to do this virtually overnight. Of course it would. And that’s why you can have tons of people coming straight to you to set up deals 14 Compendium_1209NL2.qxd 9/12/09 17:09 Page 15 For more great money-making ideas go to www.whatbizopp.com and have you write for them. Trading Strategy PRWeb give you a template press release you can use for this service, so follow the guidelines and get cracking! How To Trade False Breakouts For Profit At Times That Suit You! Coping With Rejection Ok, I want to be up front with you here and prepare you for something that some people find hard to take. And that’s rejection. Like ANY business deal in ANY industry, you aren’t going to nail everyone. You WILL get rejected and you need to prepare yourself for this. Don’t take it personally. It is not you they are rejecting it is the idea. And their reasons for this could be because they already send out free content or they just haven’t got the time. Sometimes it’s even because they just don’t understand the power of what you are offering. But trust me, they are never rejecting you as a person. So don’t take it to heart. Dave Evans - Editor - What Really Profits I ’m pleased to be able to share with you a trading pattern that could be sold as a trading system in its own right. The best part is that it could be traded in many different time frames from the end of day charts, right down to 2 minute charts. So there should be something in this for everyone whether a stay-at-home trader or someone who trades when getting home after work. The pattern is just one of the methods used by Phil Newton of the excellent http://www.tradingstrategies.info. Phil runs a live trading room which allows him to demonstrate his methods live in front of his subscribers. I reviewed Phil’s excellent service in the January 2009 edition of WRP and plan on providing an update on his site upgrades in a forthcoming edition. Here’s the way I look at it. If you were selling your own product you could have hundreds of people landing on your website and none of them might buy. Does that mean they are rejecting you? No. They are rejecting the concept or idea as not being right for them at that moment. And you would not take that to heart. The pattern looks for a false breakout of a trading range, providing you with the opportunity to grab some profits as the market lurches the other way. I’ll let Phil take over from here: So don’t take it to heart if someone sends you back an email in a huff or tells you to bugger off. You will get them. But it’s not a personal attack on you. Fake Break and Reversal The rewards from this business outweigh the rejection side of things greatly. I’ll happily take 20 rejections and just one deal. Or even 100 rejections and just one deal. Because it means I am then going to make cash. And it’s pretty much from thin air. As always my aim with anything I do is to define the pattern as much as possible so there is little or no judgement involved at all. Use rejection as a learning curve. It will happen but within a few days rejection will be just another business lesson. And soon your deals will far outweigh your rejections. 1. Identify an inside bar. 2. Mark off the high and low of the bar prior to the inside bar. 3. Wait for a movement past those boundary levels (breakout move). 4. Look for a reversal bar to develop on the break out move. (Hammer, Doji, Engulfing bar) 5. You wait for the close of the reversal bar then enter at the high of that bar for long trades and the low of that bar for short trades. 6. Target is the swing high/low prior to the pattern. The rules for the Fake Break and Reverse (FBR) pattern are as follows: If you like the idea of this Fusion System business I have some very exciting news for you at the end of this newsletter. But do make sure you put this into play. The business is a killer strategy that ANYONE can implement. Want to get your hands on more of this great online money-making info? Then sign up to Jon Street’s free eletter at: http://canonburypublishing.com/detective or check out Internet Income Detective at http://internetincomedetective.co.uk Trade Directions • A False Breakout move through low of boundaries marked is a long set up. • A False Breakout move through high of boundaries please turn over 15 Compendium_1209NL2.qxd 9/12/09 17:09 Page 16 marked is a Short set up. • A bar preceded and succeeded by higher lows. • A ‘low’ is the lowest level a bar reached. 1. Bar closes. 2. 2nd bar closes having made a low that is lower than the lowest level of bar 1. 3. 3rd bar closes having made a low that is higher than the low of the 2nd bar. 4. The 3rd bar is preferably an up bar. 5. The low point of the three bar pattern is the swing low. The fake break pattern on face value doesn’t capture or isn’t set to capture the main move of the day, but will capture the next swing in price movement. Let’s break the pattern down to explain it in more detail. 1. What is an Inside Bar? An inside bar is simply any bar where all the action occurs within the extremes of the previous bar. This means that the range (high minus the low) of that bar’s action fit within the range of the previous bar. You can see a good example of an inside bar below: 3. What are Reversal Patterns? Reversal bars suggests that price will reverse its current direction. The patterns are based on Japanese candlestick reversal patterns. Another way or slightly more common way of describing these reversal bars is to call it a Pin or Pinocchio bar. Personally, I don’t actually care what it is called, I’m more interested in if I can trade the pattern and make some money from it. The 2nd bar’s action is contained completely within the realms of the preceding bar. I look at several different types of candlestick patterns and generically call them reversal bars. In short I look at Hammers/Shooting stars, Doji/Spinning Top, Dark Cloud Cover/Piercing lines, Engulfing pattern, Harami. 2. What are Swing Highs and Lows? I define a swing high as: • A three bar combination. Doji • A bar preceded and succeeded by lower highs. A ‘high’ is the highest level a bar reached. It might be a 5 minute bar or a 60 minute bar. On a candlestick chart you can see these clearly as the ‘wick’ which represents the extreme of the day’s action. The three bar move would go something like this: A Doji is formed when the open and the close are the same or very close. The length of the shadows are not important. The Japanese interpretation is that the bulls and the bears are conflicting. Bullish & bearish Engulfing 1. Bar closes. 2. 2nd bar closes having made a high that is higher than the highest level of bar 1. 3. 3rd bar closes having made a high that is lower than the high of the 2nd bar. 4. The 3rd bar is preferably a down bar. 5. The high point of the three bar pattern is the swing high. The engulfing pattern is effectively the opposite of an inside bar. The bar opens above the close or open of the previous bar and then closes to envelope the body I define a swing low as: • A three bar combination. 16 Compendium_1209NL2.qxd 9/12/09 17:09 Page 17 For more great money-making ideas go to www.whatbizopp.com of the previous bar. boot. The price must breakout and then make a reversal pattern in the same bar. (Fig 2-pg18) Dark Cloud & Piercing Patterns Just one bar after the insider bar, we get a fake breakout and a reversal pattern. The range is broken briefly, but it was a fake and this is confirmed when a hammer reversal pattern is formed. Your long entry point is the high of the reversal bar. Your stop is the low of the reversal bar. Your target is the last swing high. (Fig 3-pg18) The Dark cloud (1st image, bearish) and Piercing pattern (2nd image, bullish) are similar to the engulfing pattern except the bar doesn’t quite close out to envelope the entire body of the previous bar, but it must close at least 50% of it. Once the price has closed above the upper level of the range, you can begin active trade management such as raising your stop to break even. (Fig 4-pg18) Longer-term charts The pattern doesn’t have to be traded on the relatively short-term 15 minute charts. Anyone with a full-time job can trade longer-term candlesticks such as daily or 240 minute (4 hour) charts. Hammer and Hanging Man EUR/USD daily chart In Fig 5 you can see an example of the pattern on the EUR/ USD exchange rate on a daily chart. Take a moment to observe the pattern and see if you can work out how it progressed. The Hammer and Hanging man are candlesticks with long, lower shadows and small, real bodies. The bodies are at the top of the trading session. This pattern at the bottom of the down-trend is called a Hammer. It is hammering out a base. Here’s how the trade worked out. 1 – We got an Insider bar (Point 1.). 2 – Mark the range (High and Low) of the bar prior to the inside bar. This is our breakout range. 3 – The price breaks out of the range high, but it is a fake. We also get an engulfing reversal pattern. Our entry is a short below the low of this reversal bar. (Point 2). 4 – Our short is triggered and once the price gets to the low of the range you can start active trade management such as taking 1/3 profits here. 5 – Our target is the last swing low (Point 3). The Star Patterns Star patterns involve a bar gapping away from the previous bar and not touching the previous bar’s opening or closing level. Four Hour chart GBP/USD In Fig 6 you can see an example of the pattern on the GBP/ USD exchange rate on a 4 hour chart. Take a moment to observe the pattern and see if you can work out how it progressed. The Pattern in Action Let’s have a look at a trade using a 15 minute chart on the GBP/ JPY (Fig1-pg18) Here’s how the trade worked out: Firstly, we get an inside bar as noted above. The next step is mark off the high and low of the bar previous to the inside bar. This is the ‘range’ that we wait for a breakout of. 1 – We got an inside bar (Point 1). 2 – Mark the range (high and low) of the bar prior to the inside bar. This is our breakout range. 3 – The price breaks out of the range high, but it is a fake. We also get an inverted hammer reversal pattern (Point 2). Our entry is a short below the When the price breaks out from the range, we are looking for a fake breakout and a reversal pattern to please turn over 17 Compendium_1209NL2.qxd 9/12/09 17:09 Page 18 Fig 1 Fig 2 Fig 3 Fig 4 Fig 5 Fig 6 low of this reversal bar. (Point 3) 4 – Our short is triggered and once the price gets to the low of the range you can start active trade management such as taking 1/3 profits here. 5 – Our target is the last swing low (Point 4). trade short-term moves on the 2 minute chart, or if you don’t have time be in front of your computer, you can trade the longer-term moves such as the daily or 4 hour charts. The pattern can be traded in isolation, but is best used as part of an overall strategy. For example, if the general trend leading up to the pattern is down, then you can be more confident that any breakout of the highs will indeed The bottom line There are many ways to trade this pattern. You can 18 Compendium_1209NL2.qxd 9/12/09 17:09 Page 19 For more great money-making ideas go to www.whatbizopp.com Overwhelmingly, the ‘Money’s In the List’ theory works almost contrary to how many real-life traders operate, especially off the Internet. On the high street, for example, most traders wait for visitors to call and buy something, and once money changes hands buyer and seller may never meet again. be a fake and once the price has made this move it will continue in its previous direction. If you have any questions about this strategy, please feel free to contact Phil Newton directly via his website http://www.trading-strategies.info. If you are interested in getting more insights into financial trading take a look at Dave Evans’s What Really Profits. Just go to the online report here: http://www.whatreallyprofits.com The end result is a great deal of money being lost by failing to turn first-time customers into regular buyers potentially for the lifetime of a marketer’s business existence. This process is often referred to as ‘back end selling’. Unfortunately, just as much or even more money is lost by online sellers, on eBay for instance, and others promoting affiliate products or selling their own digital products at ClickBank and other online market places. Avril’s Tips for Online Success Yes, You Can Build A List Of Hungry Buyers If You Follow These Simple Techniques ‘Back end selling’, for our purpose, involves getting buyers and enquirers to provide their contact details and permission for you to send them advice and product updates and invitations to buy more of our products over the months and years to come. I t’s no secret that building a prospect list is the number one challenge for anyone wanting to succeed online. Much as I’d like to give you a ‘magic formula’, unfortunately, there’s no single solution. Over 10 years working for myself and others online it’s clear that you must use a range of approaches. This can put many people off. But with a little persistence and a handful of proven methods I am confident that anyone with a bit of determination can build a potentially profitable list. Let the following scenario explain how this technique works, based on businesses selling virtually any product, on or off the Internet, in this case using a primarily high street-based seller of designer lingerie as our example. For this illustration, imagine a caller buys two or three hundred pounds worth of lingerie, and instead of handing over the goods and bidding the customer goodbye forever, the seller wonders how best to sell more lingerie to his visitor. How can he accomplish that objective? Now I am not proud to admit, but I once told eBay Confidential editor and all-round home publishing clever-clogs Avril Harper that I didn’t believe the Internet is where real money could be made. This was back in 1998 when she had already moved all her efforts away from direct mail and online. Six months later and I was a convert. Since then Avril has been quietly plugging away, perfecting small and easy to implement strategies for building her prospect lists. And by a very happy coincidence she emailed me recently and asked if WRMM readers would be interested in what she has learned. Of course, I didn’t turn her down this time – what you are about to read is a never-seenbefore report on her list-building techniques. In fact, it is so comprehensive that there’s no way I could run the whole thing in this issue, so at the end of the article you’ll find details of how you can download the entire report for free. So take it away Avril... Well, for starters he could increase the visitor’s spend in the early and distant future by asking that person to add his name and address to a postcard for entry to a free draw or to receive VIP discount tickets to a forthcoming lingerie party the seller has planned. Alternatively, our seller could add a compliments slip to product packaging inviting buyers to join a private members’ website offering discounts on all future buys on or off the Internet. Or he might put a low cost promotional gift into all product packaging, such as a make-up case with his website address engraved on the clasp and a label mentioning discount products available online. Once he has those contact details and, as long as he abides by data protection and email processing rules, our seller can contact list members at regular intervals to promote new designs or preferential customer sales, to market lingerie by post or to encourage visits to his eBay shop selling items at a discount on high street prices. For please turn over ‘The Money’s in the List’ is a term you’ll hear often and which typically refers to the practice of growing a database of potential buyers for products you might promote today, tomorrow, and for the foreseeable future. 19 Compendium_1209NL2.qxd 9/12/09 17:09 Page 20 our fictitious seller the money really is in the list! but they prefer to order later from the privacy of home? ‘The List’ is the prized possession of many offline sellers, on the high street, or working by mail order and direct mail, with contacts gleaned from newspaper advertising, for example, or by renting other firms’ mailing lists. Or maybe your product is close to what your contact is desperate to buy but not quite close enough. That person may want a different colour, for example, or a different size, or perhaps he or she doesn’t trust you yet and prefers to learn more about you before handing over their hard-earned cash. Increasingly, however, the most profitable lists are probably those grown and subsequently used online, on eBay for instance, or Squidoo, where overheads are low for locating and subsequently targeting hundreds of thousands or even millions of potential buyers literally in seconds. Whatever the reason people don’t buy right away, it’s safe to say if you don’t take their contact details you’ll never hear from them again. And because a large proportion of those people might otherwise become repeat, high ticket buyers, it’s a good idea to get those people on to your mailing list, alongside buyers, to tempt a purchase some time soon. As online sellers, working on eBay, for example, or promoting affiliate products through ClickBank or other Internet marketplace, our main aim should be to get as many people as possible on to our list to hopefully buy from us today, tomorrow, and for the foreseeable future. That question of not trusting unknown sellers is a good reason for growing a list to generate confidence, which the honest trader does by offering advice and information as well as providing free samples of paidfor products, in most cases to narrow the gap of uncertainty for enquirers and eventually get them to buy. In most cases this is best done by offering a free report or newsletter followed by regular emails offering advice and information designed to grow loyalty between buyer and seller, before finally introducing emails inviting list members to purchase various appropriate products and services. Regardless of what you’ll be selling or who your potential buyers are, the first, most essential step to growing a profitable list is to design a mechanism by which people will sign up to access your chosen incentive. I say ‘appropriate’ because the incentive to get people to sign up to your list must be related to whatever goods and services you want those people to buy. So if you’re promoting books about making money on eBay, you’d probably offer a newsletter about making money on eBay or a report providing similar information.. Or you might advertise free reports about Forex Trading, for example, or dog training, then later promote ClickBank and other affiliate products on those same subjects. That is normally done by creating an Internet ‘squeeze’ page, so-called because it ‘squeezes’ personalinformation from your potential customers, and you must also organise a system to ensure those people receive your incentive. With squeeze page and incentive in place, the next most important step is to drive traffic to your sign-up page and, unlike squeeze page and incentive which can be a one-time task taking just minutes, driving traffic must be a never-ending process. Hopefully, you would not offer a newsletter or free report about getting married in Hawaii to people seeking advice for getting rid of stains from a handwoven carpet, and you probably wouldn’t promote a newsletter about coping with bereavement to people seeking treatment for alcohol addiction. Squeeze pages and incentives come in all shapes and sizes, sometimes where growing a mailing list is the sole purpose of squeeze page and incentive, sometimes where those two elements are just a small part of an overall business set up. Importantly, it isn’t just buyers you can add to your list, although a spenders’ only list is usually most profitable and the only one many marketers will contemplate. The process of signing up and receiving the free incentive also takes many different forms, where you could, for instance, find sign-up boxes used to generate names before site visitors download their free report, at other times names are only gathered once someone downloads and begins reading your report. I’ll cover pros and cons of various name-gathering options later. But what of people merely enquiring about your product today, people who might become customers once certain hurdles are overcome which currently prevent them from buying? What if, for example, they are short of cash and unable to afford your product until their next pay day; what if they’re at work when they read your sales letter Let me give you a few real-life examples based on my own Internet sites. 20 Compendium_1209NL2.qxd 9/12/09 17:09 Page 21 For more great money-making ideas go to www.whatbizopp.com I don’t want to confuse you here, but I probably Illustration One will do all the same, when I tell you there’s no way to know which is the best list-growing option for you to use at any point in time. Much of the physical process of list growing depends on what you are selling, or what you ultimately intend to sell, and the only effective way to decide what is best for you across the whole gamut of gathering names and offering incentives, also processing emails, is to test and keep on testing and use whatever system or systems prove currently most beneficial for your business. At my main website – www.avrilharper.com – the sign up box sits alongside other features such as available products, newsletter, articles, and so on. When people enter their email address to my sign up box they receive an email asking them to confirm agreement for me to email them, then subsequently another email tells them where to download their free gifts. To add to the confusion, I should tell you it’s sometimes better not to grow a list at all depending on what products you intend to promote where often selling products off-the-page will attract higher profits without ever knowing your customer’s name or address. For example, if people are likely to buy from you just once or twice, I personally sell my recommended products directly from the advertisement (‘off-thepage’) without ever gathering names. That’s because it’s probably a waste of time and money growing a list of people wanting an eBook to help cure acne or warts, for example, who once they purchase a suitable product may never buy from me again. I tried making the signup box the solitary feature of my site’s home page and found little difference between the number of people joining my list to those joining from the site in its current format as shown in Illustration One. So I decided to make my signup box just one of several elements at my site which means I not only get new list members each day, but I also encourage a few off-the-page buyers also. More than this, most people with urgent needs and major problems want quick solutions; they want to buy today, not tomorrow or next week, and this makes them reluctant to join a mailing list that might benefit them one day, and then again it might not! Illustration Two Presented with a mailing list that might one day prove helpful, most people will leave and look for someone else from whom to make an immediate purchase. For me, the only profitable reason to grow a list is for non-urgent products and products a sizable proportion of customers buy on a regular basis, such as business opportunities, collectables, pet food, golf balls, holidays, and so on. All this talk of different ways to gather names, different incentives to use, different methods of driving traffic to your squeeze pages, might sound confusing for newcomers, but be assured it is just as confusing for the most experienced marketers, none of whom really know for certain which is THE best way to grow or use their mailing list. At www.resell-rights.net the sign-up page is the sole purpose of my home page, mainly because I want to grow a big list of people who might circulate my resell rights products (which they get free) and thereby generate viral traffic back to my sites. Like the sign-up box in Illustration One, once people place their email address in the sign-up box, another email asks them to confirm agreement for me to communicate with them in future and a second email tells them where to go for their free gift. For all of us, newbies and old hands, there is just one way to make the mailing list business work, and that is to make a plan and stick to it and do not worry whether you’ve made the right choice about size of sign-up box, please turn over 21 Compendium_1209NL2.qxd 9/12/09 17:09 Page 22 an autoresponder message revealing how the product will be delivered. • Add a compliments slip to outgoing packages inviting buyers to join your mailing list for a free report or discounts on future buys. • Add a signature file to your outgoing emails to eBay buyers and enquirers, inviting people to join your list, but do not mention your list or outside sales in communications within eBay or you could get expelled from the site. First-time communications between eBay buyer and seller take place inside eBay with duplicate copies to both parties’ standard email accounts which can be used to solicit sign-ups. • Encourage visitors to contact you by phone if they have questions which you answer and at the same time offer them a free gift or newsletter. Make it look like customer care is a big priority, which it should be, even though your prime motive is growing your list! You are allowed to add your email address to listings to answer questions but not to solicit sales outside of eBay. Offering a free incentive through eBay is not the same as soliciting a sale through eBay! type of free incentive, methods for generating traffic. Just accept you can not do all things to suit all people, not properly at any rate, so once you’ve made your plan you must follow it through and make notes about changes and ideas you might test later. There are lots of choices to make, lots of techniques to learn, and lots of money to make. I will include as many choices and techniques as possible in my report. To benefit my readers, very soon I’ll reveal my own personal preference for growing and using a mailing list. It’s a system I know to be effective and profitable, and not at all complicated or confusing. But, just because I may not include techniques you’ve heard about elsewhere, this does not mean those other techniques are not profitable; it just means I may have already used those techniques and found them less effective than others featured in my report, or perhaps I haven’t tried some techniques at all but might very well try them some time soon. Before we begin, let me reveal a few of very many ways and reasons to grow a list, on and off the Internet, purely to whet your appetite for the amazing voyage of discovery ahead. N.B. In all the above eBay-related cases your free report might introduce a subject for which a high commission product exists outside of eBay and which proves popular with your readers and makes good profits for you. So you might, for example, offer a free report about unusual crochet techniques, or how to take care of ageing pets, and in the back of the report you list products like crochet cotton or crochet patterns in the one instance, and healthy food for dogs in the other. How To Create A Profitable Mailing List There are many ways to grow a list with many very different objectives in mind, a number of which we’ll discuss later. If your recommended product makes sufficient money for time and effort involved, then you choose to either continue without making changes to your newsletter or follow-up, or you might test for potentially more profitable back end products. For now, let me give you just a few examples which we will develop later in this report. 1) Grow lists on eBay • Use eBay’s newsletter option to grow a list offering advance warning of discount sales and special offers. You’ll find the appropriate link to start your list inside your eBay account. Although largely restricted to promoting your eBay listings, you can link to outside eBay pages offering more information about your eBay products (within eBay’s rules), alongside details of a free report to join your outside eBay list (as long as no paid-for goods are featured). • Place eBay Classified Ads offering a newsletter or free report about products you might ultimately sell to your list. You must put a price on your product, even 1 cent, but you do not have to take payment. Include a sign-up box or email address inside your Classified Ad and get people to confirm agreement to join your list (called double opt-in), follow up with If back end sales are poor and not worth time and effort involved, then you either scrap the report and create new ones for altogether different product types or you try to make the report more profitable by amending your recommended products. 2) Grow lists through article directories, squidoo and other social networking sites • I recommend you try the reverse engineering article marketing technique you’ll often find me writing about. In my case I visit article directories like Ezine Articles (www.ezinearticles.com) and search for articles having received the most visits and having also been published the most times on other publishers’ 22 Compendium_1209NL2.qxd 9/12/09 17:09 Page 23 For more great money-making ideas go to www.whatbizopp.com As a side issue, I’ve learned that emails designed to promote a specific book prove more profitable with the book mentioned at the very top of the email as well as at the end, and not listed solely at the end where it works more like an afterthought than a genuine attempt to sell to your readers. websites. You’ll discover some articles, literally just days old, have been viewed several thousand times with a large number of visitors to the article in the directory also clicking through to visit the article writers’ websites. Now all you do is to write articles on similar subjects to those proving most successful with readers and publishers, then create a resource box that tempts your readers to click through to your website featuring your squeeze box and for them to ultimately sign up to your mailing list. Writing similar articles to directories’ best performing articles takes as much time as writing articles without reverse engineering your subjects and can fetch 10 or 20 times as much traffic as articles without such research. This is how my follow-up promotional emails typically begin with the title of the product I am promoting listed at the very top of the email and an active link just below taking visitors directly to my sales page, like this: #~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~ MAKE MONEY TEARING UP OLD BOOKS & MAGAZINES As you’d expect, I normally research other people’s articles for subjects for which I intend to grow a mailing list, in my case usually about eBay or Internet marketing, canine health, and making money from writing. But I have also grown mailing lists for subjects I’ve never considered writing about purely to share heavy traffic going to other writers at major online article directories. Recently, for instance, I noticed huge numbers of people reading articles about tattoos, in response to which I created a site about tattoos and grew a mailing list of people to contact every time I added new articles to the site. My intention, which proved very effective, was to generate commissions from visitors clicking on AdSense promotions at my site or buying ClickBank eBooks about tattoos. My site is still very young indeed, and I only have seven or eight articles about tattoos uploaded to article directories, but even so, just one email to my list about new articles at my own site is all but guaranteed to earn me 50 or 60 AdSense dollars and more as my mailing list continues to grow. • Another personal favourite list-building technique is based on creating eBooks by writing them myself, or developing them from private label rights articles on subjects as wide ranging as making money from AdWords to preventing children being bullied at school. I add half the text to an eBook and the other half I rewrite as articles to generate traffic to my squeeze pages. Those articles go onto article directories and sites such as Squidoo and other social networking sites, which are popular with search engines and help grow traffic to my squeeze pages. Then I take the first chapter from the eBook which I save as text and chop it into six to ten parts to use as an email course for people who join my list. Each email ends with an invitation to purchase the full version of the book which I normally promote through ClickBank. http://www.magstoriches.com #~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~#~ • One of my favourite ways to grow a list – or even sell directly off the page – and thereby collect names of enquirers as well as buyers, is to choose ClickBank vendors offering promotional email articles or letters for their affiliates, as well as product illustrations. I add text and illustrations to a simple one page website with an order button containing my affiliate link featured several times down the page. Once a visitor sees the link three or four times, he has usually made a definite decision to buy or not to buy on this occasion. If he wants to buy he will probably click to visit the sales page long before he reaches the bottom of my own page. If he doesn’t want to purchase right away I get them to join my list for more information instead by adding my sign-up box at the end of my one page website. Once people order they are added manually to my mailing list (by sending just one email asking them to sign up for free reports) and essentially I tell them I am mailing them one time only and they must sign up to my list to receive future free gifts. Those who don’t buy on their first visit usually sign up to my list and subsequently receive seven or more emails giving information about the product along with an invitation to buy. Hungry to find out more? I’m just scratching the surface here. If you want to find out more – including my number one favourite list building technique, then you can get my full report FREE by going to www.canonburypublishing.com/listbuilding – it includes full screenshots of how to build a simple one page squeeze page plus plenty of other tips and tricks please turn over 23 Compendium_1209NL2.qxd 9/12/09 17:09 Page 24 for building your list. sadly an awful lot right now. Business Blueprint: House Clearance Business Two good reasons why this opportunity is worth looking into Like I said, this business offers a two-tiered profit opportunity: Two Proven Ways to Make Money & Source Products Ready For Resale Through Other People’s Unwanted Junk Firstly, you can get goods for free! You see, when you carry out a house clearance you don’t usually pay for the things that you clear from the house. Part of your payment is reselling the things that you take away for nothing. So it can be a win-win situation for everyone. You can get some really interesting pieces too. Things that you are unlikely to find elsewhere. House clearances can be a real treasure trove of items you won’t find in any wholesaler – some older, some newer, but always including unusual, one-off items. You might even get some reasonably valuable antiques and collectables. You can resell these things for a profit. H ow would you like a source of products that costs you absolutely nothing? That’s right, absolutely zilch. Things that you can resell for a profit. And not only that – but your customers will actually PAY you to take them away as well! It sounds unlikely but it isn’t. It’s actually two very clever businesses in one. Secondly, you get paid for your services as well! Regardless of whether there are a lot of items you can resell, just a few, or even none, you get paid for your work in clearing the house – good money for a very useful, much-needed service. This opportunity is… house clearances. They’re well worth a look if you want to start a lucrative small business, or just make some extra cash. I’m going to tell you everythingyou need to know. Plan A: A simple way to benefit from house clearances What are house clearances? You might already have an idea what house clearances are. Often house clearances are needed when someone dies. If their relatives don’t want or are unable to sort through their worldly goods they’ll usually call a house clearance company in to do the job for them. While it’s sad for the bereaved it needn’t be sad for you if you don’t know the people involved. Apart from a source of goods for your business you’ll be providing a much-needed personal service. In this blueprint I’m going to tell you about two methods of benefitting from house clearances. This first method is for you if you want a smaller involvement, and don’t necessarily want the work involved with clearing whole houses. With this method, your products won’t come free but they can still be very cheap. It’s also a very good way of testing the market. To get started, simply contact all your local house clearance companies. You can find them in Yellow Pages, which is also available online at www.yell.com. In actual fact house clearances aren’t always connected with deceased estates. They are sometimes needed with rented properties when, for whatever reason, the tenant disappears and leaves their possessions in the house. Quite often if someone is moving house (maybe downsizing, which is very much in fashion in the crunch), moving into a residential home or emigrating they simply can’t be bothered to sort through all their old stuff. So they call a house clearance company in to do the job for them. Tell these people you’d be interested in having first refusal at buying some of the things they get from their house clearances. A good idea is to choose a category that you’re particularly interested in – like clothing, ornaments, sports equipment or collections. You might wonder why house clearance companies don’t sell all these things themselves. Well, a few of them will. But mostly, due to the volume of stock, they can’t handle, sort and list everything themselves. They’d much rather take a few quid for something they don’t know much about in a job lot than go to the trouble of selling it all off individually. Plus, once you get started in house clearances you’ll find many more bigger and better opportunities open up. As well as houses you can also do clearances for offices, shops, restaurants, pubs, factories and all kinds of commercial premises. This can include clearing businesses which have gone bust, of which there are Also consider auctions: House clearance contents 24 Compendium_1209NL2.qxd 9/12/09 17:09 Page 25 For more great money-making ideas go to www.whatbizopp.com ads in the small ads columns. The ‘Household Services’ or similar is the best place for these ads. sometimes turn up at local auctions. So trying there can be an easy way of finding these items. (Although one snag to this is that you’ll usually end up paying a bit more.) Window cards. Post up window cards in local shops. They’re cheap, but remember to place lots of cards if you want to get a good response. You can then sell these items using whatever methods suit you – such as eBay, car booting or the small ads. More about using these methods later. Leaflets. You could try a leaflet drop in the areas you wish to cover. This is best for part clearance jobs – more about these later. Plan B: Setting up your own house clearance business Yellow Pages. This is the first port of call for many people needing these kinds of services. So get an ad in there as soon as you can. There is a dedicated section in the directory – ‘House Clearance’. This option is for you if you want something bigger. This method is to actually offer your own house clearance service. It’s still a business you can run from home, operating as and when you want. You can operate it as a part-time sideline or as a bigger fulltime business. The direct approach. You will probably find it a good idea to do some direct marketing initially. Send sales letters to those businesses who might need your services, or who might be willing to recommend you to their customers. Here’s what you’ll need to get started: Transport. You will need a large van, or perhaps a car with a trailer, to shift the goods you clear around. But you won’t need it full time so don’t go to the expense of buying anything when you first start. A good idea is just to rent a large van as and when you need one – lots of van hire companies have special rates for weekends or overnight hires. Letting agents can be a very good source of business. They may often be left with rental properties where the tenant has abandoned the contents and will need to arrange a clearance for their landlords. Estate agents can also be good to know. Although they probably won’t use your service themselves they may have customers for whom they are selling a house which needs to be cleared. It can be worth telling local solicitors about your service as they might have clients who need you. But check first – only those who deal with wills, probate, etc., are likely to be interested. If there are any accountants or insolvency practitioners in your area who deal with business liquidations then send details to them too. Help. You’re also going to need some reasonably strong helpers to help you with most jobs – especially as it’s likely to involve shifting furniture in many cases. Again, however, you won’t need any full-time staff. Part-timers will do. Also ask friends and relations if they’d like to help out for some extra cash. Good Tip: Look in your local small ads for ‘man with van’ type ads. You can often get transport and labour together for a very reasonable all-in hourly rate this way. *** Ready to use sales copy. We’ve had our writers put together some copy for an ad, or leaflet, plus copy for a direct sales letter you can use to get this business up and running. If you’d like a copy just go to www.canonburypublishing.com/ clearance and download it. Storage. Depending on the size of jobs you’re going to need some storage. A garage would probably be OK for flats and small houses for anything bigger look for rented space. Self-storage units tend to be a bit pricey. So see if you can track down any local businesses with spare warehouse space that you could rent a corner of. Many smaller businesses have spare space right now and might be interested in some extra cash. Full and part clearances. When advertising your business it’s a good idea to mention that you do both full and part house clearances. This way you will get enquiries both from those who want an entire house clearing and those who just want to dispose of a few bits and pieces. The part clearance service is simpler, and is a good way of widening your market and building up your experience when you first start. Finding customers for house clearances This is the kind of business that you can operate locally, in your own town or city. You won’t need to travel all over the country. Here are what I think are the best ways of bringing in the business: Dealing with customer enquiries When enquiries start to come in you need to work out a price for the job and make arrangements with the customer. Local newspaper ads. Put some regular classified please turn over 25 Compendium_1209NL2.qxd 9/12/09 17:09 Page 26 Here’s how house clearances usually work: You agree to clear the possessions from the house and can keep what you take. This can include all furniture, furnishings and effects in the property – right down to the carpets. Then, you give the property a quick clean and leave it tidy. – or a Constable in the loft that they happen to have overlooked. But be prepared just in case it does. Quoting a price for the clearance There are various ways of pricing for a house clearance service. Some house clearance companies offer to clear for free. Their payment is the profit they make on things they can resell. But most companies charge a fee. This covers the cost of disposing of those things that don’t have any value. If the job is a full house clearance then you clear absolutely everything. If it is a part clearance you clear just those items that are unwanted. Always go and view the property to be cleared before you give the customer a price. It’s very difficult to give accurate prices over the phone. This way you can assess the work needed, the approximate value of what you can sell, the cost of disposing of what you can’t sell and then work out a fair charge. Typical charges are as follows: • £200-£300 for a 1/2 bed flat or small house. • £300-£400 for a 3/4 bed house. • £500+ for a larger house. If the house is especially cluttered you may need to charge more. Important. Always check first that the person who calls you in is actually entitled to clear the house, eg. if someone has died that they are their next of kin. If you’re in any doubt ask for details of the solicitor who is dealing with the will and double-check. (It is a good idea to check with other local house clearance companies to get an idea of what prices are charged in your area.) Here’s how to work out the minimum price you should charge: Also, when you’re dealing with the customer find out, discreetly, if they are a recently bereaved relative or friend. If so, remember that having to arrange a house clearance can be very upsetting for them. Try to be as sympathetic and understanding as possible. • Cost of doing the job – van, labour, storage, disposal charges: £ • Less, likely proceeds from sale of items: £ • Plus, your profit margin required for the job: £ • Equals your minimum quote for the clearance: £ Dealing with items of sentimental value. When quoting for a clearance, particularly in a property where the owner is deceased, it is not unlikely that there will be items with sentimental value to friends or family. In other words, items that are of no monetary value but which family and friends may wish to keep. They can, of course, keep whatever they like. But it is essential that they tell you about these at the quoting stage. Of course to some extent this is a guesstimate and accuracy will come with experience. Initially it is best to overquote rather than underquote. You certainly don’t want to make a loss on the job. Doing the house clearance Here are some tips for doing each job, which will help it run more smoothly and also maximise your earnings from each clearance: Items of sentimental value should, ideally, be removed before you begin your clearance. If not should they should be clearly tagged to show that they are to be left in the property. • A professional approach is very important, especially if you are dealing with a deceased estate. • Arrange a date/time and stick to it. Reliability is important – it’s possible a new owner or tenant might be waiting to move into the house the same or next day. • Get the keys and written permission. If the house is empty try to get the keys the day before. In these cases it can also be a good idea to get a letter of authority from the customer – just in case the neighbours become suspicious. • Rented properties. If the house is rented rather than owner-occupied find out if any fixtures and fittings (eg. carpets, kitchen appliances, etc.) belong to the Dealing with items of very high value. If, when quoting for a job, you notice an item that is obviously of very high value then it is best to tell the customer now. You don’t want to be accused later of charging to remove a very valuable item and making a less-thanhonest profit on it. If this happens, tell the customer that you believe the item could be valuable. Suggest they send it to a suitable auction house in order to raise the best price. In reality this won’t happen very often. Very few people have a valuable piece of Chippendale furniture 26 Compendium_1209NL2.qxd 9/12/09 17:09 Page 27 For more great money-making ideas go to www.whatbizopp.com landlord and so shouldn’t be removed. • Work out the easiest access arrangements. This can save you hours of work. If necessary ask if parking spaces can be suspended. • Be systematic. Start at the door you are going to remove items from and work outwards. • Use a ‘traffic light’ tag system. For example, tag items to be left with a red tag, items to be removed and sold with a yellow tag and items to be recycled with a green tag. Everything else is rubbish for disposal. • Items to be disposed of as rubbish may be dismantled or broken up if they are large. Some items may have a spare parts value. • Be very careful not to damage the house itself when clearing items. • Leave everything clean and tidy. Vacuum carpets, mop hard floors and give kitchens and bathrooms a quick once-over. • Garages, gardens and garden sheds. Ask your customer whether these should be cleared or not. As they can often involve a lot of extra work you can charge extra for these. transporting usable goods for resale.) Hazardous items. Note that fridges and freezers need to be disposed of to specialist facilities and you should not agree to remove them. The customer’s local council will collect these free of charge on request. Asbestos or unknown chemicals shouldn’t be touched. Tell the customer they will need to call in a specialist disposal firm. Special requirements for probate. If you are clearing a house for a deceased estate then you may be asked to prepare a list of items cleared together with an estimate of their value. This is usually for inheritance tax purposes. You can charge an extra fee for compiling this list. Normally it is only necessary to state a very approximate, nominal value for the items. Selling on your goods... maximising your returns As I said earlier, one of the main benefits of running a house clearance business is that some of the items you clear will be resaleable. You can sell these on for the best price you can get, so making an extra ‘accidental profit’ in addition to the money you make for doing the clearance itself. Remember to check everywhere. Sometimes the most interesting items can turn up in the most unexpected places and won’t always be obvious. Don’t forget to check the attic or loft, cellars, kitchen cupboards and fitted wardrobes too. In this section I will look at what I think are the best ways to sell on house clearance goods: Disposing of unsaleable items. In any house clearance there are bound to be things that you can’t resell. So what do you do with them? Yard/garage sales. A quick and easy way to raise cash for lower value items, although probably better for the summer months only. But remember to be tactful. If you are clearing a deceased’s property a garage sale on those premises might not be appropriate. Charity shops and jumble sales will usually be glad to take lower-value items that aren’t worth your while reselling but which may have value to them. Some areas also have ‘freecycling’ schemes where you can give unwanted but still useful items to members of the scheme. Ask your council if there is such a scheme locally. Lastly, try to be environmentally-friendly and pick out what you can (such as metals, plastics and textiles) for recycling rather than just taking it to the tip. eBay. This is probably one of the best ways to dispose of house clearance items – and this could be a dream source if you’re a keen eBayer. A lot of eBayers, especially PowerSellers and dealers, source some of their stock this way. eBay is especially good for anything old, unusual or with collectable interest. Use the auction format and hope that buyer curiosity will drive the bidding up. It isn’t so suitable for large items, which might involve shipping problems and costs. Most clearance companies impose a limit on the amount of rubbish they will remove from a house for the agreed fee. This is normally 1.5 tonnes. If additional rubbish is removed you can charge extra. A few tips: For anything you’re thinking of selling on eBay take a few pics before you remove the item from the house. It is much easier than once the item is in storage. Don’t describe the items as a house clearance item – there’s no reason for your bidder to know, and it may deter bids and reduce the value if you say so. Lastly, in the case of smaller and lower value items, put them together in a lot to Waste carrying regulations. Bear in mind that as a trader you will probably need to pay to tip unwanted goods and might also need a Waste Carrier’s Licence to transport it. Check with the Environment Agency. Tel. 08708 506 506. Website: www.environmentagency.gov.uk. A Waste Carrier’s Licence currently costs £152. (You don’t need a licence if you are please turn over 27 Compendium_1209NL2.qxd 9/12/09 17:09 Page 28 make them easier to dispose of and also achieve higher final values. Good finds to look for This is what I think is one of the most exciting aspects of house clearances. They can be a treasure trove of great products. But, as well as the more valuable things there’s bound to be a certain amount of junk and bric-a-brac of modest value. You’ll need to try and spot things that will sell for the best prices. Plus, of course, things that don’t need too much storage space, and which won’t pose too many handling problems. Here are my thoughts on some of the most resaleable products to look for: Car boot sales and Sunday markets. Car boot sales are a quick, cheap way to sell house clearance goods. They’re especially good for low value products that people buy on impulse – and things that aren’t good enough for selling anywhere else. For example: Clothing. Kitchen equipment. Household goods. Household textiles. Ornaments. Garden equipment. Small tools. Toys. Books. Occasional furniture. Bicycles. Videos, CDs and DVDs. To find out about car boot sales here’s a handy free directory listing lots of the big ones: www.carbootjunction.com. • Clothes. Either nearly new, good quality clothes in good condition – or vintage/retro pieces. • Collections. Is there a collection of stamps, coins, medals, badges, mugs, thimbles or whatever? Auctions. One advantage of an auction is that you can turn items into cash very quickly indeed, often within a few days. You might also make an unexpected profit, by selling something for much more than you thought it would be worth. • Jewellery. You probably won’t get any expensive gold, silver and diamonds but good quality costume jewellery is a good find. • Antiques and curios. Anything old and rare is great for a resale profit even if it’s not a genuine high value antique. Make sure you choose the right kind of auction: If the item is an antique or, for example, china, glass, silver, brass, a painting or print, or good quality furniture you need an antiques or fine arts auction. In most cases the auctioneers will be glad to give you an idea of whether your item will sell easily and an estimate of value before you enter it. General household contents – like electronics, electricals, bikes, cars, computers, home office equipment, modern furniture and so on need to go to a household contents auction. • Arts and crafts. Paintings, prints, sketches, sculpture, wood and metal craft, models, ceramics, pottery. • Sports equipment. Particularly golf clubs, ski equipment, riding tack, camping equipment, fitness equipment, bicycles. • Musical instruments. Small musical instruments like guitars, trombones, wind instruments, drums, etc., can be surprisingly valuable. Auctions that attract the public, rather than the trade, are best of all since the public will normally bid more if they take a fancy to an item. Check into seller’s commission before you sell, as this can cut into your profits. Set a lowish reserve – just enough to cover costs. Lots like these attract more interest, more bids and often achieve higher selling prices as a result. You really don’t want to be bringing any of your goods home again – far better to move them quickly and concentrate on the next house clearance. • Vinyl records. Can be sought after by collectors. Check prices with a trade guide before reselling. • Collectables. House clearances are a rich source of things like – commemorative mugs and plates, bowls and pots, teapots, candlesticks, figurines, clocks, trophies, silverware, glass, brass, pens, lighters, oil paintings, pastels, water colours, sketches, old toys, dolls and bears in good condition. The small ads. In local newspapers, magazines and online ad magazines. Simple and cheap. Good for reselling larger furniture, carpets, computers, electrical appliances, beds, cars, vans and bicycles, etc. • Paper ephemera. Newspapers, magazines, comics, postcards, photos, old bills, maps, advertising literature. Look for material with interesting pictures, articles and ads which you can cut up and put in a simple frame for resale. If possible, use the free ads magazines and websites. This means that the full selling price of whatever you sell is profit. Here are some free ads. places to try: Craigslist at www.craigslist.co.uk. Gumtree at www.gumtree.com, Loot at www.loot.com, Ad Trader at www.adtrader.co.uk. • Tools and equipment. Complete tool kits, individual tools, power tools, DIY and gardening equipment. You might even find some really old tools that have collectable interest. 28 Compendium_1209NL2.qxd 9/12/09 17:09 Page 29 For more great money-making ideas go to www.whatbizopp.com • Kitchen equipment. Newer equipment that still has Selling on eBay plenty of life, or old equipment with collectable interest. Yes, There Really is a Big Market for Macabre and Criminal Ephemera • Computers and peripherals. For resale complete or as spare parts. Be sure to check what’s on the hard drive before selling it on. • Disability aids. Wheelchairs, walking sticks and other living aids. Be sure to check that these aren’t on loan from the local hospital! A ll that talk of murder earlier in this issue reminds me of a customer I met often at flea markets and collectors’ fairs in the mid-1970s. • Books. House clearances are a really great place to find second-hand books – anything from rare old editions to newer but still valuable reference and text books. You could resell them on Amazon, which is also a good place to check used book values. Of many thousands of collectors and dealers I encountered all those years ago, this particular man stands out for one main reason, namely his interest in collecting suicide notes and execution notices. • Cameras. Old and new, including digital cameras, camcorders and good quality SLR cameras. Telescopes, binoculars and microscopes. I have to confess, the first time he asked if I stocked those items, I thought he was joking, or perhaps he was mad. I really never expected suicide notes and execution notices to pop up in profusion at any of the auctions I visited then or now. • Cars and parts. Modern or classic. You might even be able to source a complete car at an attractive price this way. But this man had more than 500 items in his collection, ranging from suicide notes – originals – from famous and infamous people, as well as numerous execution notices such as were displayed on prison gates minutes after an execution had taken place. More information UK House Clearance Association This is an association which represents house clearance companies. Their website has more useful information about the industry, a code of practice and useful links. Execution notes, for the record, fall within the overall collecting interest of ‘Public Notices’, in itself a potentially very profitable collecting category. Website: www.ukhouseclearanceassociation.org In time I encountered many more collectors of ‘Public Notices’ such as those execution collectables alongside others relating to public auctions and wartime regulations, alongside more macabre items like suicide notes and those letters from a condemned man mentioned earlier. House Clearance Information & Advice Here’s a very useful website I found covering house clearances – there’s a mine of useful information and advice here. Take a look. Website: www.house-clearance-wiki.co.uk And no, those things do not turn up in profusion, but when they do they often come in boxes packed with numerous other documents, usually connected with an overall very popular collecting theme, such as a specific topographical area, a well-known family, a named school or hotel, possibly DEATH. Secret Source Finder If you’d like to know more about Secret Source Finder, the website which inspired this blueprint, it’s here: Secret Source Finder is our exclusive membersonly website. It’s a searchable database of THOUSANDS of secret sources. Using Secret Source Finder you can find discount sources for almost anything you could ever want, any time you want them. You can take a no-risk trial of the brand new version of Secret Source Finder by signing up at www.canonburypublishing.com/compclearance now. Alongside those execution notices, suicide notes, also prison letters, ‘Death’ as a collecting theme encompasses: In memoriam cards, photographs and postcards of funerals and bodies and even postmortems taking place, and much more besides. In fact, you could make a full-time business from ‘Death’, preferably other people’s passing, and one of the easiest places to start is with Public Notices and postcards, also collectables relating to funerals and collectively called ‘Funeralia’. This blueprint originally appeared in the pages of What Really Makes Money. For full details of a 1 year risk-free subscription, go to www.whatreallymakesmoney.co.uk please turn over 29 Compendium_1209NL2.qxd 9/12/09 17:09 Page 30 Public Notices in General people like me and my readers stand to make incredibly good profit margins by buying in bulk and selling items individually. The interest covers a huge range of collecting interests, from death, of course, to specific geographical locations, railways, shipping, wartime interest, animals, hotels, and countless others. Funeralia Death and funerals, of famous and infamous, or just ordinary people, are fascinating to many people and rather gruesome to others. And so you’ll find people collecting funeral cards, and funeral notices, mourning letters (stationery and envelopes edged with black), hymn sheets, obituary notices, and more besides. As for most collectables, the older the item is, the better its condition, the more it is likely to be worth. That’s because overwhelmingly those items are made from paper, officially termed ‘ephemera’, meaning transient or short-lived. Ephemera describes transport and theatre tickets, auction posters, ration books, and other items intended to be used and quite quickly discarded. That means most forms of early ephemera were either wholly or partially used, depleting their value to collectors, and today perfect specimens can fetch record prices on eBay. Such as recently: • Most items of funeralia, such as in-memoriam cards, were printed in great profusion in Victorian and Edwardian times and as such they are very common today and rarely collected for their own sake. Add a topographical location, however, such as the location of the cemetery, mention of more than one person dying, and an item can become significantly more valuable. Here’s a useful example, it’s an inmemoriam card, and at face value it’s very ordinary: • A Civil War draft notice greeting for the Delaware Home Guard made $314.89 (about £191.50). • A death notice for a Brewing Company owner in 1888 fetched $157.50 (about £95.74). (That item should and easily could have fetched more for a reasons I’ll tell you about soon.) • A notice detailing a theft from a shop in Monkwearmouth in 1788 made a tiny £12 – and I think I know why it made such a low, low price: I’ll reveal all in ‘Tips’ at the end of this article. Numerous other public notices have fetched much higher prices over the last few months, which I can’t give precise details for since they are no longer available on eBay. But I can tell you they included death notices (of shop owners and hoteliers and affixed to doors and windows to tell customers why the premises are temporarily closed), also obituaries in newspapers (such as a full-page write-up in a popular sporting newspaper about a famous boxer who died in the mid-1800s). Some of about 100 items sold on the day fetched £20, some £50, two or three fetched £100 each. I know that because they were mine and I bought them in one huge bundle from an auction house in North Yorkshire. I paid £150 for them all. It’s worth just a few pennies, at most, and if you describe it as a ‘funeral card’ on eBay, you probably won’t make back your listing fee. Now let us look inside to find reasons this item may be more popular with collectors, and more profitable on eBay. Inside the card looks like this: The fact is, documents of all shapes and sizes, also all types and eras, are often sold in bundles, normally big bundles, by local auctioneers and sellers at flea markets and collectors’ fairs. That’s because, as I’ve said many times in this newsletter, most sellers can’t be bothered to describe and sell items individually, it involves that dirty word ‘work’, and that’s the reason most people prefer to sell in big lots. And that’s why That card is much more collectable now because: i) The item can officially be described as ‘topographical’, that is pertaining to a specific geographical location, in this case Salford, near Manchester, being the location of the cemetery in 30 Compendium_1209NL2.qxd 9/12/09 17:09 Page 31 For more great money-making ideas go to www.whatbizopp.com which those two young children were buried. Tips ii) The card is dated 1892, it’s late Victorian, and although in-memoriam cards flourished until around the onset of the Second World War, it’s usually safe to expect pre-1900 cards to fetch more than later specimens, except where some other significant feature exists on later specimens. More about this later. iii) There are two names listed there, not one as is usually the case, and more importantly those people were children which makes them more appealing to collectors. iv) Genealogy, as well as family and local history and surname research, have grown enormously in popularity in the last 20 years or so, meaning common items of funeralia have grown in value. I can recall having thousands of in-memoriam cards pass through my hands, which no one wanted, until the last 10 years or so, until now it’s very easy to pick up a boxful at auction that are almost guaranteed to fetch a few pounds each on eBay. v) Some in-memoriam cards are worth a huge premium over their everyday counterparts and they include any that: - relate to disasters, especially major events with double number victims, such as train crashes and mining explosions. - disasters relating to children such as an accident at a hall in Sunderland in the mid-19th century, which claimed the lives of many youngsters and for which I found two large and very ornate lace-edged in memoriam cards inside an old bible I acquired at auction. Having remained in the book so long the cards were in perfect condition, hence the reason one fetched £50 on eBay, the other I still have. - ornate items such as just mentioned could easily be damaged which adds a high premium to any that remain in good condition today. - ‘In-memoriam’ postcards are immensely collectable and very high priced, especially with low production runs for local markets. One of the best names to look for on a disaster postcard is publisher ‘Gothard’ who specialised in real photographic disaster cards which are now catalogued up to £75 each and sometimes fetch much more on eBay. Best of all, Gothards and other disaster postcards can still be picked up for a pittance from inexperienced sellers at boot sales and flea markets – but get there before the doors open to the public before stallholders on the day beat you to them. vi) Most in-memoriam items for famous people, notably royals, were printed by the million and are rarely worth much today. • My experience shows that most public notices and death-related ephemera reach their highest prices for one main reason: their location. • My experience also proves the smaller the geographical area concerned, the fewer the number of notices and paper funeral items were issued, and the less likely more than a tiny few of those items remain today. That makes those items much more likely to fetch really high prices on eBay than their mass-produced counterparts. So compare that Salford funeral card mentioned earlier, worth just a few pounds I’d say because Salford is a big place, to a similar item relating to the graveyard in the village where I live, for which I’d probably give my right arm! Well certainly a hundred quid! So, as for postcards and virtually any collectible item, with place name, the smaller the place, generally speaking, the more the item is worth. • That Monkwearmouth notice mentioned earlier, can you guess why it probably did not fetch a higher price on eBay? I’m willing to guess few of my readers even know where Monkwearmouth is; I also dare guess most collectors for that area would more likely use another location to search by – SUNDERLAND! Believe me, if you have a topographical item of any sort, always list the exact area, and list as many nearby areas as space permits! • Place names have changed very significantly since Victorian and Edwardian times and must be taken into account in eBay titles and descriptions. For example, High Hesleden where I live was once called ‘Monk Hesleden’ and, fleetingly, ‘School Hesleden’. Adding to the confusion ‘Monk Hesleden’ is also the name of another village close by which was once called ‘Low Hesleden’. Very confusing and making it vital, for potentially high-price items, to research place names on Google and key in as many as space permits. Check spellings also for place names on potentially high-price items because many have changed over time or, as for Middlesbrough, an alternative spelling may have crept into common usage and be a popular eBay search term – Middlesborough, Middlesbro! This article originally appeared in eBay Confidential. If you want to make money on eBay, then this is a must read! For a risk free trial just go to: http://ebayconfidential.co.uk please turn over 31 Compendium_1209NL2.qxd 9/12/09 17:09 Page 32 range and I am scalping for a quick 10 (just hit target!). 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And ATMFX has given me the confidence to trade at £20 a point with virtually no stress!” Nigel Cowan Both Keith and I are extremely confident that followed correctly the ATM-FX strategy could help you to pull in 10, 20 or even 30 pips clear profit a day. However we're not going to predict that's what you are going to make. Only you can see that for yourself during your 42-day risk free trial. “I got a nice profit on cable today, bought at 7am and sold at 8.40 am for 90 pips profit. Many thanks to your overviews they are so much help to me, and to many others I guess.” DW For full details either take a look at the information enclosed with this issue or go to www.canonburypublishing.com/ATMcomp “I picked up 45 pips on your method today and 25 yesterday. The market has just broken out of a It is my intention to be as accurate in fact, detail and comment as possible. 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