I began to think of all the ways I've made money online and went back through my monthly statistics to determine which online marketing project netted the largest amount of CASH vs effort expended.

I want to share with Members the ONE that generated the MOST CASH, with the LEAST EFFORT.

This one "little" idea has made me some pretty BIG profits over the last couple of years. I hope it helps you too.

If you need some fast cash you can probably generate $2,000 to $10,000 or more in the next 7 days (or less) by creating a simple 'direct selling' web site and a simple information product.

How?

By selling turnkey product web sites on eBay.

In 1999 I sold my first turnkey website on eBay for $8,875 in 7 days (GoBizInfo.com). It was a membership site and I had about 120 members at the time. It had 100+ pages of info - so I had really developed the site. Since then I've sold a lot of 'turnkey' web sites for many thousands of dollars and currently have people asking me to develop products for them.

Here are few tips for getting the most money from any site you develop as a 'turnkey' business:

1. The product being sold on the site is proprietary or unique to the site.

2. It's PROVEN to sell in the marketplace. Every web site and product I've sold was first sold on eBay in pretty good numbers. Then I included that 'sales data' in my ad for the 'business'. 90% or better of the time, it was someone who bought the individual product who ended up buying the 'business' because they liked the product so much.

I've created dozens of info-products and many of them were unique products with direct selling websites I've sold on eBay. In one 6 week period I sold over $22,000 worth of sites and info-products. Anyone who says there isn't anyone with 'money' on eBay doesn't really know what they're talking about.

My last turnkey website auction had 55 bidders and sold for $4,447 in 3 days.

I think there are a lot of buyers (with money) on eBay for turnkey businesses. I've never had an auction up for a product and direct selling website that went un-sold.

The average price I've been getting is around $2,750 per site.

In my listings I've had to take the order link down on the site, because it's against eBay policy to direct people to your site and then take orders, BUT I always state in my listing that the order link is dead due to eBay's off-site selling policy. Not to state that openly will make your buyers think and ask questions ... and some will never ask you about it, they just won't bid.

I found this way is the fastest way to make BigChunksOfCash ;-) in a hurry.

Anyway I think there is a lot to learn here from an info-product developer's and an Internet marketer's point of view....

The only draw back to this type of business (selling turnkey businesses on eBay) is that you need to have a constant flow of business ideas to work with and know how to create a web site and ebook or other info-product quickly.

Many times I've created a product in less than a day, created the web site in a few hours and sold both for $3,750 in just days.

This is NOT a 'get rich quick' scheme... there is a lot of work involved. But for the right person, it may be just what they've been looking for.

http://www.viralmarketzone.com/bigcash

Q & A

Question:
"Did you simply create the product, the site and then immediately put it on eBay?"

Answer:
In the early stages of this process, no. What I did in this order was:

1. Create the kind of product I was proud of selling myself.
2. Created the website and sell the product on the website and through eBay.
3. Sell the product and website as a 'business' on eBay.

Question:
"I'm also curious to know how many product sales you got from eBay? Did you track this?"

Answer:
One product I created sold about 26 copies the first month I listed it on eBay at $97 each. So that was $2,500. Then I sold the business for $3,500. So in one month my total profit on a product that took me 3 days to develop was approx $6,000. It was a CD-ROM product. It sold better than I had anticipated and I almost decided not to sell the business.

But anyway, yes, I kept very accurate details of the sales, and forwarded the names and mailing addresses to the buyer of the business (because it was a physically mailed product, I transfered the buyer's list to the new owner). That was a very strong selling point, that there was a good market for the product.

Question:
"...if your average selling price is around $2800, could you not fairly easily surpass that amount by selling the product itself, resell rights, and master resell rights? Am I right in understanding that you hand the rights to the product over to your buyer - so I suppose it is basically selling Master Reprint rights with the website to support it?"

Answer:
Actually, because I sell maybe $2,000 to $3,000 of most of my products BEFORE selling the business my avergage PROFIT on the total sale of the business is closer to $5,800.

This is a good question and a lot of it can be answered in a letter I wrote to people interested in licensing my latest project called the Ultimate Business Opportunity. You can read the letter here: http://www.ispyprofits.com/ibiz/instantbiz.html

Until I came up with the idea that, by tightly controlling the distribution of the product, I really had no control whatsoever over who was selling my digital products.

This story has nothing to do with the question you asked, but I just thought it it would be helpful if you've ever had a digital product that was selling well when it first came out, and then sales started to slump:

My first experience selling an ebook was in 1996-97. When it first came out I sold hundreds of copies the first month, then suddenly sales dried up and died. I doubled my marketng efforts and things got a little better, but never to the level they were that first month.

After a few months more, I got an email from a kind gentleman who told me, "By the way, I downloaded your ebook from a newsnet group (it's great!) and, since I'm not going to pay you for it, the least I could do was tell you people are giving it away free."

Anyway, my expertise, what I love to do, is create information products. I create cd-rom products, ebooks, manuals, pc-videos, etc. I have more ideas than I know what to do with. I have projects that I know will sell and make a lot of money, but I don't have enough time in the day to develop them. But that's what I love to do: Develop information products -- from conception to completed product.

The problem is I have TOO MANY products. I fall in love with a lot of them, and because I never had time to market them they would sit on my virtual shelf and gather dust while I was working on my next product. I was always interested in developing the NEXT project, never in marketing the one's I already developed.

That's just me. So, instead of them gathering dust bytes, I decided to sell the products and websites I developed for them and let someone else make some money from them. Why should those products go to waste because I'm too busy to market them?

You may not think $5,800 total per business sold is very much money - I'm glad. It really isn't, but, some of those product concepts took me all of 8-12 hours to conceive, create and develop into a saleable product. I don't know what minimum wage is these days, but I'm guesing it's more than $525+ an hour ;-)

Anyway, I love to develop info-products and I'm more than happy to part with a few of them if someone else can profit, instead of them going to waste.

Question:
"The caution I suppose would be that the same person could make $10,000+ off of their product in 4-6 months, so they may be leaving medium term money on the table in favor of a short-term grab? Interesting approach though."

Answer:
I think I answered this one above... but, remember my ULTIMATE project is "me": My ability to create saleable info-products in record time is MY ULTIMATE PRODUCT. So if I sold an infoproduct 'business' that somone really liked and was making good money from it, do you think they would be interested in buying another one of my info-product businesses? Yep. What's my back end? See where I'm going with this?

Question:
"Do you set a reserve price on your auction? And is it spelled out in the auction that you will be selling multiple identical sites? If so, does everyone wanting the site need to meet the top bid or what?"

Answer:
I don't like reserves. I know a lot of people on eBay who never bid on reserve auctions, so I don't use them most of the time.

What I do instead is - for a high ticket item - is set the minimum bid at an acceptable level. In the case of the licenses I sold recently I set a minimum bid of $497. But, I also place a 'Buy It Now' option on the auction at $550. I'm happy either way, but it gives the buyer the opportunity to grab it and not have to get into a bidding war with anyone.

Yes, I explicitly state that there are only (in this case) 15 worlwide licenses available for this product, after they're gone, they're gone. The letter I pointed to above also answers that question. That same letter is the one I used in the auction... with minor changes.

I sell them one-at-a-time, never in dutch auctions and never more than one at a time. Because I had the 'Buy-It-Now' button on them, very few of them actually made it to the day the listing expired. In fact, the first one I put up sold in under 5 minutes. I remember putting the listing up and getting the notice in my email box that someone had bought the license using the 'Buy-it-Now' button before I had even received email confirmation from eBay that the auction was 'live'.

I sold 3 or 4 licenses a day sometimes. When one auction ended, I just put another one up. That sold, so I put another one up a few hours later.

This type of business isn't for everyone, granted. But if it works for you, go for it.