5 Ways to Make Money Online
In difficult times, people tend to look for new ways to earn extra money. The Internet actually offers many interesting ways to make some pocket money. Some people even earn money full time online and a handful have been known to earn megabucks. For the average guy, it is not difficult to make money online. Here are 5 common ways to do so:
1. Sell Your Own Products
If you have a good product, and especially one that can be digitalized, then the Internet is an ideal place to sell it. Not only does it give you a worldwide market, it also allows almost the entire processes to be automated. In addition, you sell 24 hours a day, 7 days a week, even when you are asleep.
To sell your own products online, you will need your own website and a way to collect payment via credit cards or PayPal. You can learn more about selling your own products online by reading Ken Evoy's free eBook entitled "Make Your Site Sell".
2. Sell Other People's Products
A simpler and more popular way to earn some income online is by promoting and selling other people's products through affiliate programs. An affiliate program is an informal contract where the owner of the product agrees to pay you for selling his product. The commission is usually a certain percentage of the sales price but can sometimes be a fixed sum.
The advantage of this is that you do not need to have your own product nor a website. In addition, after learning the ropes selling other people's products through affiliate programs, you eventually will know enough to start selling your own products online if you want to.
Joining an affiliate program is simple and free, and often requires you to simply sign up with an e-mail address.
You can learn more about affiliate programs at www.associateprograms.com.
3. Chatteling
Chatteling is the process of buying other people's properties and products, and then selling them for a profit. It can be a highly profitable business. The principle is so simple that even an 8 year old can understand. For example, you may buy a baby cot at a garage sale for and sell it to a friend who had just delivered a baby for , making a clean . Or you could buy a bunch of very old LPs from someone who wanted to cleared her attic for 0 and sell them to a collector for 0.
As you can see, the possibilities are endless, limited only by your own creativity and resourcefulness.
You can learn more about chatteling by reading Tony Mase's Chatteling 101: The Beginner's Guide to Chatteling.
4. Professional Freelance
If you have a skill, especially digital skills such as graphic designs, programming or software production, you can provide it to anyone in the world online for a fee. Even simple skill like making a great power point presentation, or turning one into a movie or flash presentation can potentially make you money.
There are many people out there who either do not have the skills or the time to create their own, and you can help them and get paid.
Learn more about this at sites like elance.com
5. Forms and Surveys
Even when you do not have any special skills, you can still make money online by filling up forms or online surveys. Many companies pay good money for information. Although you may earn only small amount for each form or survey that you filled up, the income can add up quite well when you have the numbers.
Only you will know which one of these works best for you.
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