This will be probably a subject we are going to live with for a while! I really believe, that we the people, can pull it through but, in our economy, nothing is going to happen over night.

Being an Internet Marketer, I think as a marketer, and try to analyze the patterns to make events work to our advantage.

Some topics on Internet Marketing are fashionable, we talk about them and after a while we forget about them because new topics emerge as new winners and grab our attention.

“Multiple Streams of Income” was a legitimate topic 2-3 years ago, but it was a limited subject.
Web 2.0 Applications (Social Bookmarking, Social Networking, Podcasting and so on) replaced MSOI.  The difference is Web 2.0 is so big and diverse that we will continue to pay attention to it for many years to come, especially because the Web 2.0 produces a revolution, a shift on Internet mentality and habits.

As cannot predict, and definitely cannot see the end of the tunnel for our economy yet, I think it is wise to come back to the Multiple Streams of Income topic and see how we can create them now, as keeping all the eggs in one basket can hurt us. And the good news is, the Web 2.0 knowledge we have, can substantially enhance our endeavor. In other words, we can now have a different prospect of the Multiple Streams of Income topic.

If you have a good job now, and if you love your job, keep it!  But in your spare time you can try other avenues to make money, even if you don’t need them:

• You will sleep better and
• You will be covered in case something  happens

 By all means, I am not suggesting that something really wrong will happen, but I expect the recovery of our economy to be a slow process, and we have to survive in any event.

Generally speaking we have to improve ourselves, enhance, and add new skills as quickly as we can. 

Don’t jump and choose all the avenues I’ll present in 2 Blog posts. Have a good cup of coffee and think it through, see which avenues are attainable for you and concentrate on improving yourself on those avenue(s), only.
I am takeing the liberty to tell you this, because it is a major mistake to spread the activity too widely from the start.  YES, we need more Streams but I suggest to take one at a time and do it right, after you are comfortable with the first one, you can start the next one.  The order in which I have decided to talk about these avenues has a logic and a purpose.  Let’s see what we can do:
 
1. Sale on eBay and/or on other Selling-Channels.

We can make money selling on eBay, it is not as easy as 5-7 years ago but we can still do this and we must add new selling-channels and adopt new tactics on eBay as well.

Steve Lindhorst, former eBay University Instructor, gave us an interesting book “Selling on the River”
http://www.mc-ebay-resources.com/recommends/SOTR3
He explains that there are good benefits coming out of Multi-Channel Selling, we can also sell on Amazon and he gives us all the details about how to do it.

Ebay and Amazon are different, the rules are different, but the audience is different as well and we can fully take advantage of it using both.
I was surprised, intrigued, and delighted as the same time because people are usually biased but Steve is not, he is just an open minded and talented businesman. His position is to use both eBay and Amazon, I think he is right, and his idea is backed by Skip McGrath who is a veteran eBay Seller, author of the oldest eBay Newsletter, and author of a couple of very popular Digital Products, he is an established business person in his own right. I personally learned a lot over the years from Skip.

Reading Steve’s eBook you learn the differences between eBay and Amazon and learn how to sell on Amazon, he kind of presumes that you know how to sell on eBay, but if you don’t it is easy to learn both at the same time.

2. Affiliate Marketing, selling our or other people’s products.

You can do Affiliate Marketing, it is excellent if you already have your own Digital Product, but until then, you can start selling others’ products as an affiliate.
ClickBank is a tremendous MarketPlace where you can find Digital Products to sell. If you need to train yourself on how to do it, I recommend two very good DP which will literally guide you how to do it step-by-step:

The Commission Blueprint
http://www.mc-ebay-resources.com/recommends/ComBP

Affiliate Cash Secrets:
http://www.mc-ebay-resources.com/recommends/ACSV

I used both and I was impressed by the quality and brilliance of the content.

I also recommend Resell Rights Express,
http://www.mc-ebay-resources.com/recommends/RRE

I have it, I haven’t use it yet, it is a new product, but the review is excellent.  Let me know, if you try it first. If I’ll try it first I’ll post a review on this blog.

I don’t want to make this blog too long, you will soon get part II.  You already have 2 Streams of Income to think about, you have suggested training for them, and many more Streams are comming in Part II. The rest of it is up to you, don’t forget that  taking action is crucial.

Until next time, all the best
Michaela

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Tags: Affiliate Cash Secrets, Affiliate Marketing, Amazon, Clickbank, Commission Blueprint, digital products, e-Books, ebay, eBooks, Internet marketer, Marketplace, multiple streams of income, Resell Rights Express, selling on eBay, videos

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