You probably won’t have heard the term ‘Bay- Banker’ before. It’s not surprising, because I’ve just invented it! But seriously, this is a little-known way to use eBay to create a ‘rolling income’ part- time home business without any stock! You see, it’s different from the traditional way of making money on eBay. You’ll never have to touch a single product. No dropshipping, no packaging, storing or sending. No postal costs. In fact, you don’t even need to buy or sell any eBay products to make money from this!
How good is that?! In a sense, eBay is merely a low cost route to generate a huge list of proven buyers. As you’ll see, all this business requires is for you to put these buyers in touch with products provided by someone else. Just like a broker!
And by keeping in contact with these customers by email every week, you can keep selling them dozens of relevant high-margin ‘information products’ on a commission basis.
Has That Got Your Attention?
Good! Well Here’s How You Get Started…
The principle is straightforward. Every day millions of people search eBay for items that interest them. By using a simple ‘list building’ trick (I’ll show you in a moment) you can gather up a portion of these eBay surfers and promote items that might interest them. You do this by sending them weekly emails for which they’ve happily given permission.
These products are all ready and waiting for you to pluck from a website called ClickBank. This online products library will do everything for you. They’ll provide the products, the weblinks, the sales page, deliver the product direct to your customer and even take the money. All you have to do is sit back and wait for your commission every two weeks!
Essentially, you’re acting as a broker between eBay customers and a whole range of exciting ClickBank information products. In short, you’re a “Bay Banker” – a new breed of online entrepreneur. Okay, that’s the idea. If anything is confusing you at the moment, don’t worry. I’m now going to show you all the steps you need to take. But please understand, this blueprint is not another ClickBank or eBay report. It’s about combining eBay, ClickBank and a special email strategy to create a brand new way of making money online. For details on eBay and ClickBank themselves, please refer to the relevant blueprints from past issues of What Really Makes Money. You can download them PLUS some other goodies Nick has put together for you by going to www.canonburypublishing.com/baybanker
IMPORTANT NOTE: eBay rules state that you are NOT allowed to sell affiliate products directly through eBay itself. But by using this back door route you are generating a list through eBay and then promoting the ClickBank products outside of eBay itself. Read on and all will be revealed...
Step 1: Become a ClickBank Affiliate
First you need to go to www.clickbank.com.
ClickBank has 10,000 products available for you to promote as an affiliate. The products on the site are ‘information products’. This means they’re ebooks, courses, part-works and products that provide the buyer with valuable tips, secrets, strategies and insights.
Have a browse and see for yourself. Click on ‘search the marketplace’ and then on ‘products to promote’. You’ll see there are hundreds of promotions for ebooks on health, money, fitness, sport, debt relief, investment, personal development, career, computers and business opportunities. These sorts of products are very cheap to produce, (no manufacturing, expensive materials or storage needed) but people are willing to pay high prices for the information inside them. This means they make you, eBook publishers and ClickBank a lot of profit! You simply choose the ones you want to promote and take a commission on how many you sell.
It is free to register with ClickBank. They take all orders directly, and as soon as a sale is made your commission is deposited in your ClickBank account. To get started, go back to ClickBank’s home page, www.clickbank.com, click on ‘Promote Products: Earn Cash as a ClickBank Affiliate’.
Now you’re ready to go. But I’m getting ahead of myself here. Before you can make money from selling these products, you need to gather customers to whom you can sell these products. This is where eBay comes in…
Step 2: Register With EBay
Nick Laight has covered eBay many times before in detail, so for everything you need to know about using it, make sure you download the special Baybanker goodie package by going to www.canonburypublishing.com/baybanker.
To get started you need to go to www.eBay.co.uk and click on ‘register’. Follow the simple steps they provide for you.
Once you’re registered, you’re ready to use eBay. But here’s the secret… you’re not going to become a regular eBay seller. Remember, we’re only using eBay to generate a list of qualified buyers whom you can connect introduce to products on ClickBank.com.
Step 3: Find a Subject Area
The secret of this business is that you promote products in a niche (specialised) subject area. The people you go out to will be interested enough in that specific subject to pay good money for reports, courses and books.
So go back to www.ClickBank.com and do a bit of research. Your aim is to find a specialised subject area. You’ll see 9 categories: business to business, health and fitness, home and family, computing and Internet, money and employment, marketing and ads, fun and entertainment, sports and recreation, society and culture.
My tip is to choose ONE of these general areas: health and fitness, computing and Internet, money and employment, marketing and ads, sports and recreation. These are subject areas where people really strongly desire information and will pay good money for it.
Once you’ve picked ONE general subject area, you need to narrow it down further. Search the list of results that come up for this subject area and read the sales pages by clicking on the links.
Get a feel for the different types of product they sell. Look at what they promise and what needs and desires they fulfil. For instance, in “money and employment” you’ll see clearly defined sub-topics like: Forex, home trading, getting out of debt, personal finance, business opportunity.
In ‘health and fitness’ you’ll see weight loss, fitness, natural remedies, alternative health, sexual health, mind power and self-improvement.
You need to choose one of these ‘subcategories’ as the basis for your Bay Banker business. Pick something that you feel you’d enjoy. (You don’t need to be an expert, but it helps to have at least a vague interest or some personal experience.)
For instance, say you’ve spent your life on diets, perhaps you could try weight loss, being someone who’s been there and done it! Or maybe you go to the gym but struggle with it, so ‘fitness’ would be your preference.
This is now your chosen subject. Your aim is to sell health products that might interest someone who wants to get fit.
Step 4: Work Out Your Target Audience
You need to work out who your audience will be.
So in my example, think about who will want to read about fitness. As yourself: “Who would be the sort of person to buy the information products I’ve seen in my chosen area of ClickBank?”
Don’t choose kids or young people. Your target needs to be over 40s, as they have the most disposable income, and the most motivation to improve their lives, make a change, do something with their spare time now they’re kids are older or grown up.
Depending on your sex, you may want to target men or women. Otherwise, it’s easy. You merely think about the exact sort of person who would buy your ClickBank products. This doesn’t require marketing knowledge. You are simply introducing products that already exist to people interested in those products.
Now you need to go to eBay and FIND these people. Here’s how…
Step 5: Create Your Name Generator
The next step is to create a “niche” 4-page eBook that you can sell on eBay for anything from 50p to £1.99 – low enough to make it an impulse purchase but high enough to qualify the name as someone who is likely to buy again.
Don’t let this scare you. It only has to be a 2,000 word report – the length of this article you’re reading! It’s not literature. It could be a list of tips you’ve taken from one of the products you’re going to sell. It could be a list of contacts, a list of tips, or a collection of ideas you’ve found on the Internet. You could take a bunch of tips from one of the ClickBank products you will be selling. You could plunder the good old public domain (see details at the end of this article). The only essential ingredient is that it must be specific and useful.
For instance, let’s stick to the example from before. Say you’re going to be selling Fitness products from ClickBank to over 40s women. You create a short report on a very narrow subject area that will appeal to these women.
A few examples: “22 Quick Easy 5-Minute
Exercises That Could Get you Fit”… “17 Delicious
Weight Loss Foods”… or “How to Burn Double the
Calories For Half the Effort.”
When you’ve gathered the info you need to turn it into a PDF. This is the format that eBooks are sold in. It’s really simple, and free. Go to
www.thepdfconverter.com and follow the instructions on the left. You’ll end up with your own eBook that you can sell like any other product on eBay. (For information on how to sell on eBay, go to www.canonburypublishing.com/baybanker).
For the write-up on eBay, make sure you list the benefits of your report. Don’t sell it as a “4 page eBook report about fitness.” Sell it as “Just Released! 22 New Secrets And Tips That Will Make You Fitter And Happier in Less Time and With Less Effort”.
The idea is that you sell this very cheap report on eBay with the promise of a “FREE Email Newsletter” as a bonus gift. Every time a customer buys a report from you, you email them the PDF report with an email introducing yourself, and reminding them that they’re entitled to a free weekly email newsletter. Now all you do is send them weekly emails, with a tip or two about fitness you’ve culled from the Internet.
Step 6: Start Sending Weekly Emails
Very soon you could have 20, 30, 40, 100, 200 or more customers buying your name generating report every week. These are now subscribers to your free weekly email newsletter.
The newsletter only has to be 500-1000 words long. No fancy English. Nothing complicated. The idea is that you are simply staying in touch. Just tell them what you’re up to, talk one-to-one in normal everyday language, and offer them a few ideas or tips related to your chosen subject area.
Send it once a week at first. When your subscriber list hits 1000, go twice a week. Make the emails short and personal. Tell them details about yourself so they know it’s a real person writing to them.
It’s not so frightening once you start. Each week get some basic information you get from the Internet (use www.google.com to search for key terms related to your subject area). Put the information into your own words, and send. People love it, especially when it’s clunky, non literary and real. You’re like a friend talking to them every week about their favourite subject.
Chat naturally without thinking too much. Be direct. Be simple. Remember, you are only trying to pass on information that someone else has asked for. You can even use other people’s material. There are plenty of websites with pre-written articles, free and ready to use.
Browse the articles that relate to your subject area. Then each week, take an article and stick it in your e-letter. You MUST keep their copy intact – don’t alter it or claim it as your own. And you MUST credit the writer and include a link to their site or e-letters.
Here are 7 article directories to try:
• http://www.articledashboard.com
• http://www.goarticles.com
• http://www.submityourarticle.com/articles
• http://www.articleshop.co.uk
• http://www.absolutearticle.com
• http://articles.simplysearch4it.com
• http://www.buzzle.com/chapters/chapters.asp
These are rich pickings for your weekly emails.
Right, here’s where you make money…
Step 7: Start Earning Commission
Every third email you send to your readers, suggest that they take a look at a special report that might interest them. This is your endorsement email.
So say you’ve been emailing a group of people who responded to your name generator “22 Quick Easy 5-Minute Exercises That Could Get you Fit”.
Now you tell them you’ve come across a report called Burn the Fat, Feed the Muscle, which will really benefit them. You then give them the affiliate link to your ClickBank product: http://www.burnthefat.com/
For every person who buys, you get an automatic commission payment. The more people on your list, the more people click on the link, the more people buy, and the more money you get.
But don’t go overboard! Recommend something every couple of emails only. People don’t like to feel they’re being sold to. Keep recommending different products, but also understand that you can push the same product throughout the year, as not everyone will open every emails you send.
ClickBank will send you commission cheques every two weeks. These will be in dollars. This means your bank will charge to convert the payment to pounds. But here’s a great tip: don’t bank small cheques for less than $100 a time. Wait until you have a substantial amount sitting in your ClickBank account and then bank cheques worth, say, $1,000. And that’s it! You are now a Bay Banker, using weekly emails to introduce a constant flow of eBay surfers to products from ClickBank.
Best of all, it’s great fun, and will only take you 30 minutes every evening to run. Either that or you could spend 3 hours doing this every week in one chunk. It will become a lucrative hobby. With a customer list of 1,000 people, you could make £200 a week in commission. With 3,000 customers, you could make £600. And those are conservative figures!
But the only way to find out is to go out there and get started today!
For more information on using emails to generate cash on commission, you should read Charlie Wright’s The Inbox Tycoon. It’s available to read for a 28 risk free trial if you go to www.bizoppjungle.com/mybook.
And don’t forget to download the Bay Banker bundle that includes WRMM blueprints on eBay, ClickBank, ebooks and other goodies. Just go to
www.canonburypublishing.com/baybanker