BANS Niche Stores - the Way to make Money
April 14th, 2008 | by lissie |Well I am now the proud owner of my very own store: Best GPS Receivers .
So you didn’t think I was a shop owner - not even a virtual one! This is true - so no the spare bedroom isn’t full of the latest and greatest GPS units! No a BANS (don’t even ask) is a store stocked with items from EBay - a few of the words and the choice of domain and items are mine. One of my top earners on hubpages has been article on Top 10 GPS Receivers so I thought it was worth a go to start with - though more are in the pipeline - keep an eye out for the Ballroom Dancing Supply store coming soon!
The business model is rather cunning, and not mine just copying someone who seems to know what he’s doing, the idea is that when someone gets to my store - they aren’t distracted by my great content they just click straight onto an EBay item. It doesn’t really matter what they buy once there - if they buy anything withing 7 days I get the commission. EBay pays me not the buyer, it costs them nothing, but the EBay commission is quite good. The idea is to aim for US$1 / day per a store -yeah a buck. Think about it -build 100 stores - you build them once you promote them, they keep on giving you a $1 / day each, that’s $100 / day if you have 100 stores, that’s $3,000 / month or $36,000 / year - that’s real money! What’s it costs: well the domain “mydomain.info” are 99c/ year, the hosting I was already paying for so that’s no extra, the software cost $97 - no ongoing fees. So watch this space - lets see if it works!
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