Business Ideas for People Looking to Make Money Online

There have been a lot of threads and questions regarding some of the ways to make money online. These threads keep popping up and i occasionally keep getting PMs asking me for the most ideal methods of bring home the beacon.

Below is one of my reply to the numerous PMs. It will go along way in help the newbies.. Not a rock science though you will need to go in-depth to make it work for you.

1. Drop shipping is a fulfillment model that allows you to buy products individually from a producer or wholesaler and ship them directly to your customer. For instance eBay or similar sites. You would need some amount of capital to buy items from producer or wholesalers and list on eBay. You can have your own store too if you have huge capital and carry out a massive promotional campaign.

2. Freelancing - You can offer your services as a freelancer on any of the freelance site like Fiverr.com, Elance.com, Freelance.com and the likes.

3. Affiliate marketing - This is about promoting company/people's product. Clickbank.com, Amazon, Commissionjunction.com is one of them. There are also many smaller ones. What matters most is the market and the authenticity of the affiliate program.

4. Ad network - Adsense is the number one ad network, there are smaller ones but nothing compared to adsense. It's about finding a niche/market, setting up a site around it and ranking for your keywords. It's very profitable but quite risky because adsense may ban your account for going against their strict TOS.

5. CPA (Affiliate Network) - Knows as Cost Per Action is a program where you refer people to your CPA offer and you get paid for every sign up. Peerfly, Maxbounty, Clickbooth are one of them.

6. Promoting your own product - You can develop a product and launch a WSO for it. You can find a market and create your own product and promote via your own site to make money. Here you keep all the profit and even have affiliates promote your offers if you choose.

7. Promoting a service - Do you have a great skills like article writing, SEO, Graphic, Web development e.t.c Find out if there is any market for your skills and turn it into a money making venture by offer it on your official company website and driving traffic to it.

8. Kindle eBook - Hundreds of thousands of dollars have been made within a short period for simply writing a fiction or non fiction eBook. Some people will say Kindle is the only way to go if you are a great writer. There are a whole lot of genre you can write on that's marketable and profitable.

9. And many more.

The income potentials of all the business models listed varies based on the market, your skills and budget.

One thing you must understand is, all the money making ventures listed above have there ins and outs. You would need to go out of your way to acquire more knowledge on your chosen field and work towards it to be successful.

To Your Success,
John

 

That is a nice list of money making methods. Some of them are suited for beginners while others like dropshipping may be good for those who are familiar with making websites or working on eBay.

 

Yeah, i agree with you. The drop-shipping is one of the easiest ways to make money if you have good capital to buy up stock/products from wholesalers at a cheap rate. Just pick the right product and eBay will deliver the customer to you.
Don't limit yourself, get your own website and nurture it.

 

Drop-shipping is definitely the way to go, and it's very easy to scale that kind of business up once you get it going. Freelancing is great for quick cash, but you have to be very good at what you do to compete and get hired in the popular freelance marketplaces like oDesk and Elance. Adsense and affiliate marketing can be a great source of passive income if you have the time to invest in building websites.