There are various ways to make money on internet, but I was able to fish out best top 10 ways to earn money through the net. All you have to do is take your time to read through the article and learn more on how you can make money online.
Page Table of Contents
1. Affiliate Marketing
This is a way of Selling Other People’s Stuff through the internet online.
As it is now, Affiliate marketing business as been the order of the day because the business does not require that you have your own products to sell, I consider it the fastest and simplest way to start an Internet business – especially for those new to online business and Internet marketing.
In a nutshell, affiliate marketing works like this:
a. You join a merchants’s affiliate program; e.g. Amazon, Friendfinder, Zappos.
b. You place your affiliate link for that program somewhere on your website.
c. When a visitor to your clicks through that link and buys a product (or fills in a form, or gives the merchant an email address, etc.), you are credited with the sale (click, lead, referal) and make a commission.
The company then sends you a check.
2. Buy and Sell Websites
This is another easy way to make money online. If I may ask you this, “Have you noticed how many home renovation and house flipping shows there are on TV nowadays? Well, webmasters are doing the same thing with websites. They go to a website broker such as the Sitepoint Marketplace and find a site that is getting traffic but may be so ugly that it turns those visitors away. Or, it is making a small amount of money, but with a design overhaul, it could make a lot more money.
A webmaster with design experience will go in there, give it a facelift and put it back on the market. Beware though, some of the prices are absolutely ridiculous. I just saw a really ugly affiliate dating site that only affiliated with Friendfinder, 79 inbound links, an Alexa rating of 453,348,172 advertised for $100,000 US. Who did
3. Buy and Sell Domain Names
Before now, I never known that business like this works. My knowledge was only limited on that GoDaddy for instance is a website only for hosting domain. But it’s more than that. Do you have a great idea for a domain name that someone may want later? Go to GoDaddy, buy it, then offer it up for sale at some ridiculous price. You never know who will bite.
4. Sell Your Own Products:
This is just an opposit business of Afililate marketing business. The most lucrative way to do business on the Internet is to sell your own product.
However, there are lot of factors to consider if you are planning to sell your own products online such as the payment system, the storage as well as the shipping.
Although there are already companies that offer order fulfillment solutions such as pick and pack services, drop shipping or even a complete fulfillment systems including the payment processing.
Depending on the type of product you will be selling online you may not need to store and to ship any goods.
Software and information products, in particular, are the best-selling products on the ‘Net and enjoy the best profit margins. Most cost virtually nothing but time to develop and entail no storage or shipping costs.
Can you write? Then write an ebook to sell on Clickbank and Amazon. You can even turn it into a softcover using a PoD (Print-on-Demand) service. (Just in case you are thinking, “I’m not a writer, that’s not for me“, everyone has knowledge that someone else wants and there are a number of ways to produce an infoproduct without having to write a word.)
Are you a programmer? Create a piece of software for the business community OR better yet, build an iPad application. An October 2011 report stated that there are half a million apps in the Apple store, 140 thousand of which are iPad apps. So do you see that you can easily fit in and make your money online.
5. Build a Membership Site
If you have your own infoproduct, you have the basis for creating a membership site, which uses Wishlist Member software on a WordPress blog platform.
In a membership site, your customers can be offered so much more than a one-time PDF download, such as; videos, a forum, a news blog and fresh information on a regular basis. Just post to the blog and every member is automatically notified by email.
6. Sell Your Services
Many programmers, writers, graphic artists and data entry workers sell their services online through sites such as Elance.
7. Drop Shipping
Drop shipping is a product delivery method in which the seller accepts payment for an order, but the customer receives the product(s) directly from the manufacturer.
For example, If I have a dropshipping arrangement with a watch manufacturer in New York City and sell his watches at WindingWay.com. I buy the watches at wholesale prices in blocks of 10, advertise the watches on my site and use PayPal to accept payment for each sale. When the order comes in I (or my assistant) forwards the order to the manufacturer, and they ship it to the customer. If I was more energetic, I would also sell those watches on eBay.
8. Become a Reseller
Buying resale rights and reselling products is a little more expensive to set up than affiliate program sales, but you also make more money as a reseller.
For example, Some people used to sell software called Headline Creator that helps people automatically create killer headlines. They could have sold Headline Creator Pro as an affiliate and earned a 50% commission on each $29 sale ($14.50 per sale). However, it made more sense to buy the resale rights for $79.00, which allowed them to keep 100% of the sale price, or the full $29.00 for each sale made.
9. Sell at Online Auctions
If you’re like most people, you probably have things in your basement, closets or garage that you’d like to get rid of but are too valuable to throw away. Well, have you ever heard the saying, “One man’s trash is another man’s treasure?” Not only do other people want your old stuff, they’re willing to pay for it – and you can reach a much wider market by selling that stuff through an online auction site like eBay, olx.com.
The online auction business is also a relatively inexpensive and easy business to start on the Internet because you don’t need a website and it’s free to sign up for an eBay account. It takes only a few minutes to list your items, and each listing costs only pennies.
10. Cash Park Your Domains
Have you bought a bunch of domain names from GoDaddy that you haven’t had a chance to work on yet? You can elect “Cash Parking” for those domains and earn 60% of the advertising revenue generated. The basic plan is $3.99 per month, or less if you set it up for 12 or 24 months. The premium plan is $9.99 per month which entitles you to earn 80% of the advertising revenue and includes free Domain Name Aftermarket membership… which is great if you want to sell those domains.