My Story about Buy Low - Sell High Strategy

in money •  8 years ago 

Hello everyone.

Have you ever wondered about, how can you earn money online? I am sure your answer will be a YES.
I was in the same situation, too. I surfed on the internet, and visited some forums in this category ( earn money online ) and I can say, there are more ways to earn on the internet.

Since I am from EU, so my country is not in TIER 1 or TIER 2. I needed to find a business, which works worldwide, and there are no differences between locations. There are a lot of ways to earn, but for me Buy Low - Sell High Strategy fits perfectly. My question is: Is there any person, who DO NOT know how this business works? Its a big NO.

Everyone knows this strategy, and this is the easiest way to earn money " automatically ".

As first you have to find a product, or a category, which you are interested in. I can say this helps a lot. If you like animals, and you also own them, you have to know about animal care products, medicines, etc. Just imagine, how many people buy accessories, toys, etc. for their pets. If you can, you should make a website, or a fanpage, or we. so people will visit your page, and its the beginning or viral advertising. Later you can claim that you purchased " XY " product for your pet, and just write few positive words, then write your unique link where you are selling that product.

You should build up your " community " if you work in this area.

I chose Digital Games, because I have few years of experience, so I know what I do.

Secondly, you should calculate, and note all of your spendings.
I always note everything which is in connection with my business. I can say it helps a lot. May these are not the correct numbers, but you can get an amount of money, which will be your PROFIT, and you will be able to count with this, too.

Usually I do 3-4 counts, because in each count I focus on different thing, so the result can be ( USUALLY ) different.

Finally, if you earned money, you should calculate your EXACT PROFIT. ( Usually there are selling fee, commission fee, etc. ) Now you can get your FINAL profit for each investment. If your earning cover the fees, and the PROFIT is NOT minimal ( worth to do ), you can rinse and repeat until you want.

I follow this strategy, and monthly I earn 300EUR or even more ONLY with 1 product.
( This profit is the clear profit, so after I reduced my earnings with fees. )

I hope my story can help, or at least inspire someone.

It is not that hard to follow, I think you already met with buy low- sell high in real life. Just imagine stock exchange.

Thanks for reading through my story!

Greetings!

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