Alright, you may be thinking, “Come on, this has been done and overdone more times than I can count!” and you’d be correct. This is not something new, BUT, sometimes the old hat ideas still have life left in them. People oftentimes dismiss things like this because it’s not new, sexy and promising untold riches while you sleep.
Today’s Make Money Mondays (MMM) post is a little reminder about an old idea for many of you, but a new one for those who haven’t been around the block yet. Basically it’s very simple. Much like driving traffic to an affiliate program like Amazon’s, you send people to related products up for auction on eBay. One of the best things about this type of referral are the ever changing auctions, types of things up for auction and the easy fit for just about any site you have in your portfolio.
What are the commissions? Up to 75% of the revenue generated from winning bids (if you generate winning bid revenue in excess of $3,000,000). The base starting point is 50% of the winning bid revenue from the auction. Of course this doesn’t sound like much, I know, but it can really add up. Throw up a review site about Pez dispensers, refer traffic over to eBay auctions of Pez dispensers and BAM!, you’ve got a nice little revenue stream for simply driving some traffic to a review site. What’s more is I’ve found the conversions to be easier to auctions compared to other offers and banner ads on sites. Psychologically, I think it’s easier for people to click on an eBay auction result.
One method of making money online to consider is building a site specifically designed to take advantage of eBay auction referral opportunities. There are several scripts and plugins that help you do this with one of the more popular ones being Build A Niche Software (BANS). The creators of the software have recently released a guide they built detailing their process.
A guy named Mark Hansen who has been helping people with the BANS software for a while has built a website around the BANS software, giving people the tools to make the most of BANS. As a live tutorial, Mark is building a BANS site using the exact steps laid out in the newly released BANS Guide. The great thing about this project is you can follow the site’s progress as it’s being built. He will then give the site away to one of his blog readers.
Check out Mark’s blog to see the site building in action and read about his contest. You can visit it here: Build a Niche Store Guide Contest.
If you aren’t familiar with Build A Niche Software, you should check it out. It’s not very expensive and can be a great way to build a passive income site. You’re probably not going to score dump trucks full of money while you sit on the beach, but put 5 or 10 of these babies online in the right niche and you should be able to generate a few thousand dollars a month in total without much work. That’s a nice start on a solid base income.
July 28th, 2009 at 6:52 am
I have searched around every were and have tried various home based business who claim to be great but i haven't found anything like them.
July 28th, 2009 at 9:22 am
Is much worse in the rest of the world.
This is indeed a money-making ideas
July 28th, 2009 at 2:21 pm
Seems very interesting. Let me see how best I can incorporate it into my site. Thanks.
July 29th, 2009 at 10:04 am
I'm not really a fan of eBay and bans, but this article made me think about it
July 29th, 2009 at 10:26 am
People do it because it works. It's an old idea but it's still an amazingly easy and effective idea of making money!
July 29th, 2009 at 11:01 am
I like your thinking and had not thought about linking to my auction but it is a great way to make money from home and on ebay – going to try it – thanks
July 30th, 2009 at 2:04 am
Make money on eBay, I still see a few television commercials advertising cd’s to help you “make money on eBay”. As you say it is an old concept, but in the grand scheme of things its relatively new. There is definitely money to be made on eBay, especially if you know what you are doing.
Till then,
Jean
July 31st, 2009 at 9:25 am
BANS can be really profit-pulling, and with very little work. The problem however is still getting some serious traffic to your sites. No traffic-no money. I still think this is a nice way to start especially for new money makers, as they can concentrate solely on marketing. Also, I believe there is a uch better conversion on Ebay selling, than many other products you can sell for commission.
August 1st, 2009 at 1:26 pm
I'm looking to get a live stream of eBay auctions on my website concerning the product that my company sells. Does anyone know how I can do this? Is it a simple script that I can type in? I'm not really interested in anything I would have to pay for, so please don't post it if that is the case
August 1st, 2009 at 1:54 pm
Keywords are important. Try to think like a buyer. What words would they search for? Not just what you think the right keywords might be. Do some completed auction searches for the same types of items and see what titles have been used for items that have sold the highest.
August 1st, 2009 at 1:55 pm
Another trick is to create an eyecatcher to post for your gallery picture. You can do it in Paint. Start with a square, and paint it all bright yellow.
August 1st, 2009 at 1:55 pm
If works if there are a lot of the same things selling. People see the same pictures on a page, then all of a sudden they see something different. It draws their eye to it and a lot of time they will click on the ad just to check it out.
August 1st, 2009 at 5:46 pm
Really its a great to make money with the help of top e-commerce site. i will check it fully and then let you know experience about it, what will be the output after perform it..
August 1st, 2009 at 6:53 pm
I previously promoted the ebay affiliate program through cj.com and didn't have much luck. Now that ebay offers their own affiliate program through their site, perhaps it can a better money maker. I already tried signing up and I am just waiting for a response to my application.
August 3rd, 2009 at 6:54 am
Thanks for the most useful post !!
August 3rd, 2009 at 7:58 am
Making money with ebay auctions is a great idea. Never really thought about it. Thanks for sharing this useful information. BANS seems to be worth the try. Will check it out and try it if need be.
August 3rd, 2009 at 11:27 am
this is a excelent idea for make a man rich
August 3rd, 2009 at 11:56 am
I agree with you, but must be careful with SEO… google might not like sites/blogs that are just used for this ebay auction thing… I put on an ebay feed on one of my website and was severely penalized by google!
August 3rd, 2009 at 5:00 pm
I came across this when searching info on Google. I will use it to complete my report for this weekend, thanks for the info.
August 3rd, 2009 at 5:14 pm
I would like to look into this more does anyone have more info on their affiliate program?
August 3rd, 2009 at 6:36 pm
Sounds good. Is there any difference between the CJ affiliate programme and the EPN one?
August 5th, 2009 at 6:18 am
Nice informative post and a great resource for anyone interested in making money off ebay.
August 5th, 2009 at 10:20 am
I was not aware about this but it will surely help me out to make more money
Thanks for sharing…
August 6th, 2009 at 6:09 am
i know that we can make money online but i this this way is much better than any other
August 6th, 2009 at 1:13 pm
Still don't like the words "the right nice". That is often the hard part. A profitable niche is hard to get into, and a why choose a niche only bringing in cents. It has been done before and many have made zero money on this. But still I believe it's possible, but not as easy as it sounds.
August 10th, 2009 at 11:33 am
I was making some good money using BANS when I started but Google started slapping us around because they weren't giving enough content about the products and the income started to dwindle until it was almost stopped.
I let them slide for a long time but over the past few weeks I have been modifying my BANS pages so that they are more unique and with more content. I think it will make a huge difference.
I am using the Build A Niche Store Guide to help me do it correctly, as I didn't do such a great job doing it on my own.
August 12th, 2009 at 3:10 pm
I found this YouTube Video That shows a cool trick for making money fixing Xbox 360′s. If you need some extra cash it could help.
August 13th, 2009 at 7:44 pm
Ebay Partner Network is awesome, so many tools and promotional material.
Niches are easier to come by than you think. One thing to keep in mind that while a search term may appear competitive (ie. a lot of sites found in google search), it may actually be very easy – I use a free plugin called SEOQuake which is very helpful.
August 14th, 2009 at 2:41 pm
Unfortunately, the BANS software leaves a large footprint for Google to follow as most BANS sites are nothing more than pages of Ebay links with little or no true content. Sites like this get deindexed on a regular basis. While I'm sure you can make some money with it, you'll need to modify the typical BANS template and provide some decent content. (This comes from experience as a number of "standard" BANS sites were deindexed almost overnight)
August 21st, 2009 at 11:12 am
I have dabbled in review sites but I would usually link to the manufacturer or the service provider I have never really tried the auction sites as like you said it seemed like old news. Might have to give it a look though as those commission rates seem pretty generous.
August 22nd, 2009 at 7:46 am
Great information, I will be linking back to you and going to look around at your other posts.
August 22nd, 2009 at 8:11 am
Great site and nice article really like what its talking about, I will be linking back to your site from mine.
November 10th, 2009 at 8:48 am
Hi there I like your post – good stuff
December 30th, 2009 at 6:35 am
All the guys I know are willing to take a shot at earning fast and “pain free” money online these days, either through eBay Powerselling, affiliate marketing, ppc adverstising
January 25th, 2010 at 9:36 pm
Just want to say your article is striking. The clarity in your post is simply striking and i can take for granted you are an expert on this subject. Well with your permission allow me to grab your rss feed to keep up to date with forthcoming post. Thanks a million and please keep up the ac complished work. Excuse my poor English. English is not my mother tongue.
February 22nd, 2010 at 7:51 am
well I have to try this before, great post and this is very informative article
March 3rd, 2010 at 10:07 am
Yes I have read a lot of posts on Ebay and how to earn from it. And this is quite different from the rest. Quite motivating, I will check out the ebay site for this purpose and also the BANS Guide.
Thank you
June 21st, 2010 at 11:54 pm
Ah eBay…I still use them after all this time and actually am growing faster than ever recently.
I’ll always use eBay as one of my revenue streams. It’s simple and reliably sits there providing extra money month after month!
July 5th, 2010 at 4:54 pm
Couple more PROTips:
October 29th, 2010 at 5:25 pm
Dang getting cash at home has sometimes on the occasion been very hard; a lot of times I purchase some ebooks and work from those. although they are extremely expensive! Trying to make money without any sort of job experience is even harder. Some stuff usually are so ineffective, but this post really helped. Great Information!
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