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eBay - Another Income Stream for You |
Work at Home Answers |
eBay auctions earn you money while you sleep, play or work. |
eBay, like Google offers you the opportunity to earn some money from advertising panels placed on your content rich site. Like Google, there is an approval process for becoming an eBay partner. eBay requires each site you own to be approved before you place an ad panel there. The sign up is fairly straight forward, but your site does need to have worthwhile content before they will approve it. EBay provides a wide range of tools for its partners (affiliates) to use on their site to generate income. You can have a panel on your pages that looks and works just like an eBay auction page, with auction items that fit your content and is likely to be of interest to your readers. |
Unlike Google, you don't get paid just for a visitor clicking on an ad. They actually have to successfully bid for the item before you get paid. There is a complicated formula for calculating the payment rate, but generally the payment is greater than a pay per click payment from Google. I suppose it all evens out in the wash. You get paid for each click regardless of its result by Google, but you get paid more per click that goes on to closure from eBay. In my opinion a great content site can support both programs, and be seen to be providing service to its readers rather than a sales pitch interspersed with another sales pitch. |
The great thing about being an eBay partner is that you can earn from Paypal as well. Since in some countries the only way for eBay customers to pay is via Paypal, this can turn out to be quire lucrative. |
If a click from your site turns into a new account for Paypal, then that adds value to the click, and generates payment for you. The payment structure and calculation of the value of each click through is very complicated, and relates not only to an immediate purchase value, but any long term value accruing from the relationship built from that click. Therefore if a site visitor to say an antique doll collectors site clicks on an eBay auction panel on the doll site and successfully bids on an antique doll, the eBay partner owning the site gets paid. However if the visitor clicks on the auction item, then signs up with eBay because they have never been a member, that is long-term value, and you will be paid according to the long-term value of the customer you referred, even if they don't successfully bid on the item they clicked on. |
The same goes for paypal. If your referred customer wins the item on bid, and then signs up with Paypal in order to pay for the item, there is another long term beneficial relationship which is calculated into your payment. It all sounds complicated, but its not something you need to completely understand. For now the important thing to know is that an eBay partnership can earn you an income in a similar way to Google. The best thing about these programs is that you don't have to be present for the transactions to take place. You earn while you work, sleep, and play. |
Please don't misunderstand me - this is not a free ride. You have to work to build your content site, and you have to keep it fresh with new content so the search engines will rank you better and drive traffic to your site. You have to regularly check your site for broken links (Google and other search engines don't like broken links and reduce your ranking accordingly). But if you put the work in regularly, your site will work 24 hours a day for you in return. So now we have eBay under our belt as well as Google, lets look at affiliate marketing, another important income stream. Please follow me to the affiliate page. |
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