Monday 24 November 2014

Sports Bonuses and Promotions

If you know anything at all about sports betting and don't have any moral or religious objections to having an occasional flutter there is real money to be made by exploiting sign-up bonuses and promotions offered by online bookies.

Forget about slogans and clichés about betting being a mug's game - we are not talking here about throwing good money after bad. Instead we are talking about taking cold advantage of the "catchpenny" offered made to potential new customers by most online sportsbooks to get you hooked on betting. Only the trick is you don't get hooked - you just take the bonus.

Generally speaking it goes like this - when you have opened an account with the bookie and deposited funds you will usually be eligible to receive a small bonus as a welcome present. Ordinarily it will not be large - typically in the region of £10-£50, or a percentage of your first bet - and there will be wagering requirements tied to the offer. This means that should your free bet win, or should the bet placed with free bonus money be successful, you will be required to wager the money again a certain set number of times before it can be withdraw back to your money account.

READ THE SMALL PRINT

Some such offers are unattractive. You have to read the terms - or rather the small print attached to the offers - carefully before you commit. Sometimes even free bets are tailored to make you fail.

The free bet is not a con as such, but rather a loss leader. The hope is that you will develop a habit and become a regular but unsuccessful customer. Making money out of free offers and promotions comes from taking the award (if it is viable) and running, once the terms and conditions have been fulfilled.

Another way of cashing in on free bets is to lay them at a betting exchange such as Betfair. Using this method the amount you will take home will be considerably smaller than the quantum of the free bet itself, but you will be guaranteed to be left in pocket.

Many players make several hundreds of pounds by opening accounts with each of the bookies and exploiting free bets and bonuses. Check with a reliable sports reviewer first though to ensure that the sportsbook is trustworthy.

Thursday 20 November 2014

Selling Online

Often we'd be surprised by how much saleable "junk" we have just lying about the home. Boxes in the attic, books on the shelf in the living room that we've been staring at for years without even noticing that they are there - many of these things, believe it or not, have some sort of value. The Harrison Lesser Watch it may not be, but an old book or a long-forgotten toy may be worth a few pounds - and you can clear some space in the bargain.

It seems like everybody uses Ebay these days, but take a look also at Craigslist which is another free resource for buying and selling in your own locality. Then of course if you have enough to get shot of there is the good old-fashioned boot sale, where a table can usually be bought very cheaply.

It sometimes pays to do an audit of what is sitting in cupboards or the garden shed. If you don't need it and somebody can be find to purchase it then sell it. It all adds up.

Monday 17 November 2014

Dropshipping

Dropshipping (sometimes written "drop shipping") is the term given to the practice of selling another supplier's goods online without actually keeping any of them in stock.

These days it is relatively easy and very cheap to produce a website which has all the characteristics of a supplier's site. However it is often the case that the "company" fronting the website is a small or even sole trader, operating from home with a laptop and a £6-a-month web domain.

The dropshipper will have an arrangement with the true supplier in which any orders are passed on for delivery, keeping just a percentage of the sale price as commission. This arrangement suits the real supplier as the product will be advertised to new audiences, creating an impression of choice from a wider range of providers when all products are in fact the supplier's own.

Many small entrepreneurs are attracted to dropshipping because it is easy to do with a cursory knowledge of web building, and requires only negligible outlay.

Monday 10 November 2014

Affiliate Marketing

Affiliate marketing is a popular way of making some extra money through the use of the Internet. Although it is hard work at the beginning establishing a regular income, the big advantage with affiliate marketing is that once you have built up a network of affiliates your income will usually become bigger and more regular without you having to do proportionately more work.

When you become an affiliate for an existing business on the web you basically use your own methods in order to attract customers to the business. Affiliates are each provided with a unique tracking code so that the business will be aware when a visit to its site has come via your link as opposed to anybody else's. When that visitor makes a purchase you receive a percentage of the sale price, usually in perpetuity.

The challenge for affiliates is to find outlets for their unique affiliate code. It can be inserted into websites, sometimes too into blogs although check first with the provider of the blogging platform that affiliate links are allowed. Some online forums will also permit links with affiliate code, although usually within the context of a helpful written contribution - it is seldom acceptable to use somebody else's platform to post mindless spam.

All kinds of businesses offer affiliate services, one just has to apply for acceptance. Always read the small print as the terms and conditions can and frequently do vary. One good business for affiliates is the betting industry. Sportsbooks will give affiliates a percentage of all profits they make from new customers brought to them by that affiliate. With most sportsbooks that means of course that would be dependent upon the customer losing money, although with the betting exchanges it would simply be a proportion of the commission received - win or lose.

Many successful affiliates can reach a point where they are making a living from their work, although it would take many months and probably years to reach this point. Many more use it for extra money to top up their main income. Either way it is worthwhile, especially once the hard work is done and the income begins to flow.