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Money Making Ideas For 2012 That Work

Money Making Ideas For 2012 That WorkMoney Making Ideas For 2012 That Work

There are lots of money making ideas for 2012. Of course, some of them work, and some do not. Here are 3 legitimate ways to make money in 2012 that actually are effective:

Affiliate marketing

Online affiliate marketing is a great way to earn some good money by just selling other people’s products. It is not the get rich quick scheme many make it out to be, but it certainly offers some potential. However, you have to really put some effort into it. It is not as simple as posting an affiliate link to some online classifieds site.

Here is what you do: first pick a niche you know a lot about. Many affiliate marketers try to sell in markets they are not familiar with, and they end up providing little value. When you pick a topic you know about, you can establish yourself as an expert by blogging about it, and providing quality free information. Than people will trust your opinions.

EBay selling

Marketing wholesale products on eBay is one of the best strategies to make money. It certainly is nothing new, but the profit potential is as high as ever. The important thing is that you have a profitable backend. The mistake that most sellers on eBay make is trying to earn all their money on the site itself.

Instead, the way to become profitable is to build websites you can send buyers to after the eBay purchase. For instance, if somebody buys a golf club from you on eBay, afterwards you could send them to your own website where they could purchase more golf products (i.e. clubs, head covers, instruction videos). The other advantage is that you can sell things at higher prices off eBay.

While most of your customers will never buy from you again, a good percentage of them will. If even a small percentage of them do, you will increase your profits per auction dramatically. Think of eBay as a lead generation tool-not the end result.

Stock investing

Stock investing is another time tested strategy that works. To be effective, make sure you find a profitable, undervalued company. Many stock investors are always looking for the latest hot stock tip, but

Conclusion

There are tons of strategies to make money out there. However, many of them do not work. While these 3 strategies are nothing new, they are very legitimate and offer plenty of potential when done right. Here are some extra money making ideas.

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