6 Ways to Make
Your Fortune Online
Essentially, there are 6 different ways to make a living on the
'Net. Each is summarized below, in order of increasing cost and
effort to start.
Affiliate Programs
Affiliate
programs, also known as bounty, referral and associate programs
are the fastest and easiest way to start an Internet business.
You
simply sign up for a company's affiliate program; e.g. Amazon, Wal-Mart
or KB Toys and place a link personalized with your information on
your website.
When
a visitor clicks through that link and buys a product, you are credited
with the sale and make a commission.
The
company then sends you a check.
Pretty
simple, huh?
Internet
Auctions
Most
of us have stuff in our basement, closets or garage that we'd like
to get rid of, things that are just too valuable to throw away.
The good news - not only do other
people want that stuff, they're willing to pay for it!
The
online auction business is an inexpensive and relatively easy ebusiness
to start.
You
don't need a website and it's freee to sign up for an eBay account.
It
takes only a few minutes to list your items, and a listing costs
only pennies.
Reselling
Unlike
affiliate marketing, as a product reseller, you PURCHASE both the
product and the right to sell it - and you keep 100% of the sale.
Reselling
generally requires more time and resources than affiliate program
sales, but the rewards are correspondingly larger.
To
save time, some products come with a ready-made website to help
you sell.
Because
people surf for information, infoproducts and software are among
the most popular products sold online, and many ebook authors and
software developers sell reprint or resale rights to their products.
Before
buying products for resale, check to see how long the product has
been on the market. If it's technology-related and more than one
or two years old, it's probably seriously out of date.
It's
best to promote these products as soon as they are made available
to resellers - before there are thousands of other webmasters selling
the same item.
M~L~M Business Opportunities
Internet
M~L~M programs often provide a ready-made website. All you have
to do is market the product.
However,
these marketing schemes usually charge an ongoing fee to join and
remain a member.
CAUTION:
Do your homework! While there are many legitimate opporunities,
there are just as many scams.
Offer a Service (Prime-Source)
My
friend Joel is a skilled web designer. He has turned his skill into
a full-time business which he advertises on his website and offline.
Another
friend makes her living designing business cards and other printed
materials for businesses. She also sells her design service online.
Programmers,
graphics artists and data entry workers are all selling their services
online.
All
the dating services that I affiliate with are examples of prime-source
services.
Do
you have a service to offer?
Sell Your Own Product (Prime-Source)
The
most lucrative way to do business on the Internet is to sell your
own product.
It's
really simple. You develop a product, and you keep all the income.
Information
products are both the best-selling products on the 'Net and enjoy
the best profit margins.
They
cost virtually nothing to develop and entail no storage or shipping
costs.
And
before you think 'I'm not a writer, so that's not for me', I know
someone who can prove that everyone has knowledge that someone else
wants and that writing about
what you know really isn't all that difficult.
Summary
There
are SO many ways to earn online.
Choose
one or MORE of auction, affiliate, reselling, M~L~M or prime-source
selling, but DO choose!
The
sooner you start, the sooner you can move on to ANOTHER type of
online selling and DIVERSIFY your eBusiness.
Although
I am best known for affiliate marketing, I also sell online using
auctions and have drop-shipping arrangements for hard goods.
And
of course, I have my own infoproduct, 'The Super Affiliate Handbook:
How I Made 436,797 Last Year Selling Other People's Stuff Online".
Who
knows what will be next?
What
I DO know is that the more I diversify, the more I
learn, and the MORE I e.a.r.n.
You
can too! Just try it!
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by Rosalind Gardner, publisher of the "Net Profits Coach"
ezine, and author of the best-selling "Super Affiliate
Handbook: How I Made 436,797 Last Year Selling Other People's
Stuff Online" available at:
SuperAffiliateHandbook.com
Learn
from an expert. Sign up for the NPC today at:
NetProfitsToday.com
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