An Affiliate Online Business Dealing With Whatever Product you wish.I am frequently asked, “What is the greatest Canadian home based business opportunity?” That is an easy one to answer, especially in these times of economic uncertainty. An online affiliate business allows you access to the largest market that has ever existed on earth. It is free, there need be no risk and you are the only limiter.Nobody cares if you live in downtown Vancouver or 20 miles outside of Elkhorn, Manitoba. You live in the Yukon? Good for you! You have longer nights to focus on building your business!I am not talking about peddling vitamins out of home or make up. I am talking about an affiliate online business. I am talking about selling anything from tomato plants to corporate jets, paving machines or do-it-yourself videos.This is the great Canadian home based opportunity because:1. The Canadian Home Based Business Opportunity involves no risk. You can sign up to be an affiliate for thousands of different companies anywhere in the world. Not one should charge you anything for becoming an affiliate for them. If someone wants a fee or wants you to pay for a membership, leave the site right away. It is a scam.No fees means no risk. They handle everything including shipping of whatever the product is, customer issues, and so on. You are free to do your business. You don’t even need a web site although it is advisable to have one and you can even get one of those free. As a Canadian, I know how geography can hinder many people’s hopes of building a successful business. The affiliate opportunity allows us to prosper anywhere even in the remotest areas.2. The Canadian Home Based Business Opportunity does not require special education. For people who have never completed high school, affiliate marketing is the great equalizer. What is required is ambition, desire to succeed and work. Nobody on the internet cares if you know the difference between a molecule and a shovel handle.You will have to learn about how business is done on the web, however. Fortunately, everything you need to learn you can pick up for free. Massive libraries of excellent free ebooks and training videos are yours for the asking.You will have to learn about getting traffic to your site page, lens or hubpage. Do you want organic traffic, SEO’d articles or PPC to deliver people to your offering and so on. Take your time, try, learn and you can quickly build the most profitable home based business in Canada.Where you live or the local economic climate has no bearing on how successful you will become.3. The Canadian Home Based Business Opportunity does not require you to quit your job. This is another reason it is the best Canadian home based business opportunity. You build as you learn. If you make a mistake, so what? It hasn’t cost you anything but some time and you are getting an education you can’t get anywhere else in the world at any price. It does not matter where you live as long as you have internet access. You can even do it with a dial-up connection, but you might develop suicidal tendencies after a while.Jobs are few and far between in this country. You need not jeapordize yours as you try to better the situation for yourself.4. The Canadian Home Based Business Opportunity – There is no cap to your earnings. No one will come along to tell you that you are making too much, that you are moving ahead of your peers too quickly. You have no peers and you have nobody to judge you. There is no upline to please and so forth.An affiliate home based business offers you true freedom. You are free to pursue your heart’s desire either marketing something you don’t particularly care about, but you believe will be highly profitable or you market something that is your true heart’s desire.Or both.There is no limit to how many sites or affiliate products you carry. This is the perfect chance for a Canadian living anywhere in this great remote land to prosper.Can you see why affiliate marketing offers opportunities beyond the wildest imaginings of the average Canadian? Even with the incredible land mass of our beautiful country, we can build world class companies from our kitchen tables in our underwear. (Make sure to close the curtains!)
The Great Canadian Home Based Business Opportunity
Home Based Business Ideas for the Jobless
If you recently lost your job or find the need to quit your job and start your own company, it’s important to brainstorm for home based business ideas first. There are several advantages that come with starting your own business, such as controlling your time, being your own boss and earning limitless income. Take a piece of paper and pen and start writing down the things you’re passionate about and talented in. You will last longer in the industry by investing in a business that you truly care for.
Some people have become very successful in the buy and sell business. With so many home based business ideas to choose from, you will most likely find trading very easy and hassle-free. There are online marketplaces and trading forums where you can post products for free. The idea is always to buy low and sell high. You can watch your money grow quickly by establishing your reputation as a trader and offering good quality products. Talk to other marketers online and ask for tips on how to start. Reputable ones will be more than willing to share you some information if you’re still new.
If you have a skill or talent, you can start a company based on these home based business ideas. Some people offer graphic designing, article writing, computer repair, software installation, computer programming, system fixes, etc. You can also sell products you made yourself, such as baked goods, furniture, clothes or art. Look for discussion boards and websites that house many of your potential clients and present your products.
Some of the best home based ideas are not entirely original. Some people created a way to improve or make some adjustments to ideas that are already popular and working. Others also develop cheaper and more effective ways to appeal to customers who might not be avid online shoppers. The important thing is to appeal to the customers and create a need for your product or service. For example, some people offer services looking for repossessed cars, complete with all the checks and documentation to guide potential buyers.
You might be fortunate enough to come across a multilevel marketing company that will provide the home based business idea for you. With hundreds of groups to choose from, it is very likely that you will find one or two products that will interest you well. MLM companies offer different items like soaps, cosmetic products, computer software, books, exercise programs, herbal supplements, etc. Find the right company that suits your lifestyle best. Also read more about the company and how their goals will possibly relate well with your own.
Multilevel marketing or MLM companies have been around for many years. Being part of an MLM company is one of the best home based business ideas you can invest in. Make sure that you join a group that has a solid reputation, with real people and products. You can earn money through recruitment and by retailing the available products. For starters, you can earn as much as a few hundred dollars each week for the first quarter.
The Finer Points of Internet Auctions
WHAT IS A PENNY AUCTION?
Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.
The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.
The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.
The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.
HOW PENNY AUCTIONS WORK!
The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.
There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.
Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.
HOW TO WIN!
Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.
The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.
The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.
The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.
HOW TO AVOID SCAM SITES!
Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.
Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.
Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.
CONCLUSION!
New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.
There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.
It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.