The system is rigged in your favor. There are multiple ways you can make money when purchasing an item. If you don’t think so, I am going to walk you through backwards as to how you can make money over 10 times in a single transaction.
Lets say you found an extremely nice fancy camera on Amazon. You are a camera addict so you don’t use point and shoot cameras, no you want that fancy Nikon camera.
You can simply just pay for this on your debit card and be done with the transaction, get the camera, and be happy with your purchased that you thoroughly researched. But you are a frugal shopper, and you wouldn’t just pay with a debit card.
1.) Using a Cash Back Rewards Card
You can use a cash back rewards credit card to earn money back on this purchase. This is a great way to get some money back on the item you were already planning on purchasing, free bonus right?
2.) Where are you buying from?
But what if you owned a part of Amazon (AMZN), if they actually have profits, you would be able to participate in those earnings as well! You could also take part if you purchased this item at a retailer such as Target (TGT) or Walmart (WMT).
3.) What are you buying?
Well, not just where you get the item, but who manufactures the item matters. You can own part of Nikkon (NINOY) and make money on the profits or the camera you bought from them! You can replace this with almost any item and own a part of the company in which makes the item. You could goto a store with a used Ford (F) to pickup the camera at a one of the retailers.
4.) How is the product getting to you?
If you ordered the product online, chances are it may come via FedEx (FDX) or UPS (UPS). You can also own those companies and have them pay you to deliver the camera!
5.) Who makes the vehicles that UPS or FedEx ship with?
From what I can tell they use a variety of brands, but in the process I found some used Ford (F) FedEx vans for sale. Pick up some of their stock or another major car manufacturer to earn profits this way as well!
6.) What fuels the vehicles?
Although you may not be heading over to the store to pick the item up yourself, the shipping company still needs to fuel their vehicles. Pick up some Exxon (XOM), Chevron (CVX), or a variety of other energy companies to make money on this part of the transaction.
7.) What keep’s the fulfillment centers operating?
Beyond various companies that supply the center and even parts for the vehicles used in this process, chances are the fulfillment center where your camera was shipped from had electricity. You can make money just on Amazon literally keeping it’s lights on by investing in a variety of utilities such as DTE Energy (DTE).
8.) How does the product get to the fulfillment center?
So if the product is made overseas it needs to be transported by either flight or ship. Beyond that once it reaches the country it may even trail part of the distance by train through a company such as CSX or Norfolk Southern (NSC). Beyond that you have airliners and carrier companies that may also be included in this process.
9.) Can you make money WITH the product you buy?
Chances are if you are buying a fancy camera you can get some side hustle money doing quality photos for people you know. That will help you earn money just for having the product you desired in the first place.
10.) Can you be an expert on the product?
But wait, you aren’t just a regular photographer, you are knowledgeable in this field. In fact you even created a blog comparing cameras and earn revenue from ads on your blog.
11.) How do you access your blog?
If you have a blog online, chances are you need an internet connections. You can get DSL from AT&T (T) or cable from Comcast (CMCSA) and own the stock to pay for your internet connection.
12.) Can you make money on other people buying the product?
So with your blog on the camera’s you can get affiliate links with companies and then earn revenue when your excited readers go out to buy the product by clicking on your links.
Conclusion
So there you have it, you can easily make money over 10 times when purchasing an item. You can even go further and dig into what other kinds of services these companies require to operate, or who supplies the manufacturer, or the parts for the vehicles. Really there is almost an infinite amount of ways a single transaction can affect your income. You just need to go out and own some stocks to participate in the earnings, otherwise you are missing out! And don’t complain about the costs of the product, the system is rigged so that you have the ability to reap the rewards of your purchase almost through the entire process. At some point there will be privately owned companies in which you cannot participate in the earnings, but the majority of the profits are there for your taking.
Full Disclosure: Long Ford (F) and Exxon (XOM)
Photo Credit: iosphere / freedigitalphotos.net
There are tons of ways to make money. It just take a bit of creativity and hard work. We have a $16 trillion economy, just have to reach out and grab a tiny piece of it. Great list and thanks for sharing!
Cheers!
Hey Henry,
Yea it is probably nearly an infinite number of ways as you can work through who supplies each company. This post just shows that a little bit of stock ownership can have huge impacts on your wallet, and then you can even utilize what you purchase to make even more money!
Thanks for stopping by,
Kipp
That’s an awesome way of looking at it Kipp! If I’m not mistaken, you can even use a cash back rewards card combined with Upromise and get money towards paying back student loans or saving for a future college fund. Once you figure these sorts of things out, life becomes a fun game.
Hey Ryan,
Yea it is almost infinite, I forgot to mention if you are getting people to buy the product they are also going down the gauntlet providing income to all of your stocks as well!
I think I looked into Upromise before and signed up, I don’t think it is as good as it was when it first started it seems. I didn’t seem to get any points, I think they want you to use their credit cards now.
Kipp,
Great stuff. I love buying my Crest (PG) toothpaste, Powerade Zero (KO), and Lay’s Baked potato chips (PEP) from Walmart (WMT) knowing I’m contributing to my own bottom line.
And though it sucks to put gas in the car, it’s nice to know that I’m getting it from a company I own a piece of (XOM, CVX, COP, BP, RDS.B).
Great meeting up with you. Hope to do it again sometime! And it was awesome walking around downtown GR. A bit hot out, but the city was just bustling like crazy.
Best wishes.
Hi Jason,
It was probably the warmest day of the entire week! Not bad though, I am sure it would have been much warmer if you were still in Florida!
Buying an item is extremely related to other business, because you aren’t just buying Toothpaste or Powerade. Those companies need to operate and produce those products and purchase services from other companies to do so. They can also offer benefits and insurance to employees touching even more industries. It is crazy linked would we live in!
It was great to meet up with you as well, if you are ever in the area again or need a stopping point on your way towards your sister’s let me know.
Kipp