Consolidate everything that is working; and move forward with a new model.

These unprofitable sections of your internet business might include websites that are poorly monetized; or products that don’t seem to sell very well.

Whatever the case may be, consider selling it on a forum like SitePoint.

If you have monthly revenue data (from AdSense or PayPal records), this will be helpful.

Even if the site doesn’t sell well for you, that doesn’t mean it can’t for someone else.

This is something that is important to highlight when making the sale.

Point out the positives about the site (such as its daily unique visitor counts); and then mention how this can potentially make more money if monetized better.

One good thing about selling your unprofitable sites is that you can usually get something like 7-10 months worth of profit from the sale.

Even if your site was making a meager $100/mo, this could translate into an immediate sale for $700-1000.

As far as e-books, reports, and unprofitable intellectual property go, consider selling them on forums.

Do whatever you need to in order to make the most from them—whether it be selling the master resale rights; or simply selling them to many people with a restrictive license.

One way to do this is to make offers that they cannot refuse.

For instance, you could offer to develop a product independently and at your own expense (and also agree to revise it until the JV partner finds it acceptable) if your partner will give you a mere 5% split of the profits she receives from promoting it.

While it might seem like you’re giving away too much here for it to be worth it, this can often be one of your best options when you’re in a bind.

If even one marketer with a large list accepts this offer, you have the potential to make hundreds—if not thousands—of sales. This could translate into you making several hundred dollars in the span of two weeks.

This might consist of something like a standard graphics package for a site, including a logo and banners; as well as a 10-15 articles.

Once you have created your content mini-site, consider how best to sell it.

Usually, the best place to sell it is a marketing forum.

The price and the number of copies you want to sell may be harder question.

If you believe you can make two sites per day, then it may make sense to sell them for as little as $30/each.

Remember, also, that you should research the topics you pick in advance, so that the sites you create will target lucrative keywords for your buyers.

If you need cash badly, consider using this section on one of the larger Internet marketing forums to sell something that a lot of people need for very cheap.

For instance, consider writing a 15-page report on a current hot topic; and selling it for $3 per copy as a special offer.

This may sound like a tiny amount—and indeed it is—but that’s exactly the point.

You’re not selling a massive, comprehensive set of encyclopedias.

You’re simply selling something small and targeted for a tiny price, so that potential buyers don’t have to think hard about what to do.

If you do a good job with this approach and create a valuable product, there’s a good chance you’ll make hundreds of dollars from your offer.

You know how to create ad campaigns, exchange links, create salesletters, manage autoresponders, create check-out pages—and all the other things that Internet marketers do on a daily basis.

As it turns out, this can be very useful if you’re in a bid and need cash.

You can simply offer your services to Internet marketers on forums and in other places in exchange for small fees.

For instance, if you need to make $50/day for the next week, then offer to submit a site’s link to 50 directories for $5.

You should have no problem pulling in 10 sales per day with that a strategy like that.

When it comes to joint venture partnerships, there are three things to keep in mind:

1. Most good JV partners will reject you initially. If a person immediately accepts your JV offer, there’s a good chance that she is not receiving many offers.On the other hand, if she doesn’t respond initially or tells you that she’ll need more time or a better offer, this probably (but doesn’t always) mean that a lot of people are pursuing her as a JV partner.

   Why is this important to understand?

   Because you will get rejected many times initially when you first begin sending out offers. It is important to understand that partnerships can often be a numbers game; and that you shouldn’t be discouraged too easily.

2. Be courteous and make a generous offer.Often, the simple presence of a JV partner will boost your sales and your profile as a marketer far beyond what it will do for you in direct sales from that partner.For this reason, it is always a good idea to approach JV partners with a generous offer; and to be patient, kind, and courteous.
3. Stay focused in your presentation.If you’re looking for a JV partner who can drive traffic to your site; and you are willing to offer a profit-sharing arrangement in exchange, then say that upfront.Make sure they understand exactly what it is that you need from them; and exactly what they will get for participating.

If you do these three things—and if you remain persistent—you have a good chance of finding at least a few JV partners who will be willing to work with you and promote your project.

1. an inexpensive, entry-level product,
2. a sales page, and
3. a check-out system.

All you need to do now to make more cash is direct additional traffic to it.

While posting on Myspace Forums was a good way to start, there are still a lot of options available for traffic generation.

One such option is Twitter.

If you’re unfamiliar with Twitter, it’s a social networking service that allows you to add and remove friend as you would on Myspace or Facebook.

The difference is that the main purpose of Twitter is to send out 140-character “tweets” to your friends; and, in return, to read what they are tweeting about.

Of course, Twitter can also be used to make emergency cash.

1. To do this, you’ll need to start by creating an account if you do not already have one.
2. After that, you will want to begin adding people who might be good targets for your sales campaign. You can do this by searching to see who is tweeting about topics related to your product. You can then add them.
3. After a week or so, if you worked diligently, you will have hundreds of followers.
4. What you should do next is begin making tweets that do not directly pitch your product. Instead, they should simply communicate interesting and useful information about your product niche.

Your goal in this whole process is to spur some interest in your twitter profile.

There you will place a link to your salespage. That’s right: instead of using your profile to conduct a massive pitchfest, you will use it to draw people in naturally, so that they view your profile on their own terms—and then decide whether to buy.

Internet marketers have held contests to see how much they can make in one day, one week, or one month by creating a new product and selling it through a social marketing medium.

When it comes to this type of project, there are two things to ask yourself:

1. What type of product should you sell?
2. What medium should you sell it in?

In this article , I will cover how to sell on Myspace forums. In the next article, we’ll consider Twitter.

Let’s start with the types of products you might want to sell on Myspace.

What Product to Sell

You might immediately assume that you should sell one of your flagship products, but in fact, social media sites are not always the best place to do this. For this reason, you will want to answer this question by doing market research, rather than simply picking a product and running with it.

One way you can approach this is to begin browsing through a variety of Myspace member forums. Do this for various categories; and make an attempt to gauge how large the forum following is. Are there hundreds of people who post regularly? Thousands? What is it that they’re talking about; and what information could they possibly need to help them in their endeavors?

Once you find a group that strikes you, begin reading up on their topic of choice; and then participate in the forum discussions. Try to make friends and be helpful. This will benefit you in the long run, since they are unlikely to respond well to you if they perceive you as a green-eyed infiltrator whose only interest is in selling them stuff.’

After you have a feel for the forum and the topic, commission a writer through a site like Elance to create a powerful, but brief, “how to” manual on some specific facet of their topic. For instance, you might follow a jewelry group; and decide to create a guide on how to purchase high quality beads online at a steep discount.

Whatever you do, make sure that this topic is something you hear about on the forum frequently. Your goal should be to provide a product that solves a problem that seems to be common among forum members.

Once you have this guide in hand, create a mini-site with a short copy salespage; and a PayPal checkout button, so that you can receive payment immediately. On the salesletter, highlight the following benefits of your guide:

• Explain how it will tangibly improve the lives of your target demographic group (i.e. after you read my guide, you will be able to do task x twice as fast) in general.
• Highlight the specific benefits of certain chapters (i.e. chapter 8 alone will save you $100 per month).

Also, consider selling your guide for a very, very low price. Your goal here should be to make the decision to purchase a no-brainer. At least initially, you shouldn’t bludgeon your new customers with high-end products. Introduce them to your work with something that costs around $3-7. If you do a good job with everything else, you could easily make around $500 in a matter of days.

The final step is market your product by creating a signature that references it. Beyond that, all you can do is post frequently; and hope that people see it and buy.

Instead of creating a website, building traffic over time, creating a product, and then waiting for the profits to flow in, you can simply look for a babysitting job that will likely pay you cash (and possibly even the same day).

Today, the process of getting a babysitting job isn’t the same as it was 10 years ago.

You don’t need to know someone who knows someone who needs a babysitter.

All you have to do is locate good places online to find parents who need babysitters; and then submit dozens of job applications.

In a matter of hours, you very well could have a job lined up for tonight.

Start by going to www.care.com. This is one of the best places to find sitting jobs. All you have to do there is create a profile, and do a good job of advertising yourself. Remember to highlight things about yourself that will put potential employers at ease; and will communicate to them that you will be good sitter.

In addition to this, there are two other things you may want to consider doing: 1) allowing www.care.com to run a background check on you, so that you can demonstrate to parents that you do not pose any threat to the children. Also, you may want to consider including a picture of yourself in your profile, so that your application has a more human feel to it.

In addition to www.care.com, there are many other places for you to locate sitting jobs. One of those places is www.craigslist.org. You can start by going to the site and then selecting the major city closest to your place of residence.

Once you have done this, browse and search through the “gigs” and “jobs” section to locate promising sitting jobs. Look for parents who are willing to pay cash; and who need a sitter immediately (perhaps because they have plans for the evening). Since they will have fewer options and will be in a rush, there’s a better chance they’ll select you and do so without taking up a lot of your time with interviews, questions, and other formalities.

Overall, this strategy is an excellent way to make cash fast when you’re in a bind. This is especially true if you have past sitting experience or have had children of your own.

What I did not mention originally is that there are several other possibilities when it comes to freelance writing.

You don’t always have to look for a buyer; and then create a project that matches her specifications.

Rather, there are other models of freelance writing that don’t involve you using Elance or forums to find customers.

In particular, sites like www.associatedcontent.com, www.helium.com, and www.constant-content.com permit you to participate in such alternative freelancing approaches.

Within this class of sites, there are two important categories:

1. the category of sites that facilitate direct sales of your writing; and
2. the category of sites that permit you to post content—and then pay you according to how frequently it is viewed on the site.

Category 1 Sites: facilitating direct sales of your writing

Sites like www.associatedcontent and www.constant-content.com will permit you to post articles on their site. Publishers will then browse the site for topics of interest; and purchase your articles if they think it would be a good match for their site’s content.

1. One benefit of using this category of freelance site is that your articles will usually sell for a high price (i.e. for $15-20/each, rather than $5/each).
2. Additionally, if you truly enjoy writing, the higher prices will permit you to create something requires research and careful thought, rather than something that simply requires you to write as quickly as is possible.

The major downside of this type of freelancing is that there’s no guarantee that anyone will buy your articles at the end of the day. This means that you could invest hours in your articles; and could ultimately never make any money.

Category 2 Sites: pay for views

Unlike category 1 sites, category 2 sites, such as www.helium.com, do not match you with a buyer. Instead, you give the site your content; and, in return, you gain revenue whenever someone views your article. Usually, this amounts to something like 1-3 cents per view.

In general, if you plan to use category 2 sites, you should be careful about which topics you pick. Since these sites usually generate revenue through Google AdSense, they often pay accordingly. This means that you should write about topics that businesses spend a lot of advertising money on.

It might not initially be obvious what these topics are, but if you spend some time on Google Adwords searching for keywords, you should be able to scrape together some keywords that people pay a great deal to advertise for.

Summary

Ultimately, neither of these methods provides a lighting-fast way to make emergency cash.

If you need emergency cash today or by the end of the week, you definitely have other options that are better (such as using Elance.com or Guru.com to find freelancing projects). As a form of supplementary income, these sites are a good option.