When the business idea first strikes your mind, we’re sure you turn to be very excited about it. From drafting the business plan to managing your inventory and taking a physical space for your business; all seems very enticing.
However, when following the same schedule on the long go, it turns to be monotonous. Some day or another day, you surely get this thought of not going to the shop and even get the profitability on that very day. Or, maybe you want to drive profit even when your store is off. But, here your business directly depends upon your working hours. You can’t be a labor of all the time.
Warren Buffet once said,
“If you don’t find a way to make money while you sleep, you will work until you die.”
That’s true for sure. And, we believe ecommerce actually came up as the solution to such thought. E-commerce enables you to sell the products without any constriction of geographical boundaries or the operational hours.
Congratulations, with your ecommerce store! You actually found a way to earn even while you are sleeping. And, you can also get some major orders even when you are on vacation mode. So, you are done with the solution of the primary problems.
But, with more money comes more investments. we are sure you want to make extra money.
You need not wonder between different money adding ideas on the internet because your e-commerce website has more potential than you ever thought of. Believe us, your ecommerce store can actually help you in adding dollars to your pocket.
Below we are sharing some amazing ideas with from which you can make money for free, from your eCommerce website:
Enable commission-based selling
There are numerous manufacturers as well as sellers who are willing to sell in the market and make a profit. But, they might be afraid of taking risks or not technically sound enough to take their business online. Sometimes, people really don’t want to take all the trouble of managing online inventory, photography and all. Such sellers can bring an amazing opportunity for you to earn a commission.
Once, you start getting the sales from your store, you can earn by contacting such business enthusiasts. With their due permission, you can upload their products and can charge a commission on sales of those products.
When you are just getting started, we would recommend you to talk with local manufacturers/artisans or the ones you will find in your local seller panel.
On one hand, you will acquire the monetary benefits of selling those products, while, on the other hand, this will improve your sales score as well as improve your inventory categories.
Google AdSense
When you are already earning after selling your products, why not earn commission on other seller’s sales! Yes, with Google AdSense, you can earn while advertising other’s products as well.
When you register yourself at Google Ad Sense, you offer permission to Google to show display/content ads on your website. Here the challenge is to choose the type of display ads of the products that you want on your website. Otherwise, there can be a chance that your competitors acquire all the benefits of your display ads if you choose the same industry as that of yours.
You will be paid the commission charge on the sales made via clicking on the displayed link on your site.
Advertising Networks
Other than Google Adsense, there are numerous advertising networks that follow different payment models like Pay per click (PPC), Pay per view(PPV, payment starts with per 1000 views cycle), and pay per action (PPA).
To opt for such advertising networks, you can simply Google them to get the list. However, we would suggest you choose them wisely because of the content they display may/may not be censored. And, especially for your e-commerce site, such sites can be problematic as they can be linked with the sites involved in phishing activities.
Start Affiliate Marketing
We are sure that you have started a blog on your ecommerce site. With the blog section, you can grow your reader base and visitors and can further connect them with the affiliate links of the products/ services. Affiliate marketing is one of the best ways to make money online. When you connect with the affiliate networks, you will be paid some commission on the sale of the product that you shared about.
Though that’s a bit slow process. But, it is a value-adding for sure. After connecting with the affiliate networks like Amazon associates, commission junction, skimlinks, Linkshare, Clickbank etc. you can get the link of the products that you want to add to your content. In a way, it is like refer and earn option; visitors must redirect from your website.
Share the Product Reviews
When you are associated with a certain brand or reselling their products, you can take advantage of writing detailed product reviews. You can also contact the growing brands, they have a huge craving for the product reviews, and they literally approach people for good reviews. You can earn a few hundred bucks to thousands of dollars, simply by writing brief good product reviews. If you are selling those products on your website that can be helpful for your e-store also.
Another way around, if you are targeting a particular industry of the business in which you fall, you can help your customers about finding the best products, also you can add the affiliate link to earn from those shared reviews. If you are following such practice, you are sure to get benefited.
Trying the above-listed practices can surely add extra cash to your wallet with the help of your web store. Want to try some?