6/29/07

The 3 Ways To Make Money Online

Basically there are 3 ways to make money online:

-sell a product
-sell a service
-sell someone else's product or service for a commission

Selling a Product

The top selling products on the internet are information products: software, e-books, and membership sites (you pay a monthly fee to access the site). The cost to produce and distribute these products is very low, so they have a high profit potential.

Selling a Service

Starting a serice business is relatively easy and inexpensive. All you need is a web page and a skill that someone will pay for. You can do typing, bookkeeping or secretarial work online. There are astrologers, numerologists and even palm readers online. Maybe you have specialized knowledge or skills that would qualify you to be an online consultant. The possibilities are limited only by your imagination!

Selling Other Peoples' Products and Services

You can sell other people's products and services for a commission through affiliate programs. All you need is a website. You do not need a merchant account. You do not need to ship or track inventory. Your only job is to send potential customers to the web sites of your merchant partners. They do the selling, process the order and ship it out. You just collect your commission on each sale!

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