It is true- there are dozens, if not hundreds of different ways to make money online. And more importantly, most of these ways are 100% legal and legitimate. However, many people assume that they can quit their day job and turn to the net for their main stream income. There’s a little more to it than that.
There are a few things you have to consider.
First picking a way that will work for you and then putting together a marketing plan. Because without a marketing and a sales plan, your business is doomed to fail.
Most people jump online without giving much thought to how they will market.
For those looking for internet business opportunities and ways to make a few extra bucks on the side or build a full time business, we’ve outlined four ways to make money online and what you can expect from each internet opportunity.
o Filling our surveys: companies will pay you a few bucks to fill out several surveys. People have suggested they have made $300 or more for a day’s work. The truth behind this online business scheme is that, although it is possible to make money filling out surveys, you will not be making $300 per day. Most surveys require that you pay to access a database where you then have to bid and receive. The more time you put into signing up for these companies, the more money you will make. However, keep in mind that this can be extremely time-consuming and mind numbing for many.
o Reviewing items, places, restaurants, etc- this is another great way to make a few extra bucks and fast. You can literally review anything you want as long as it is legit and you have actually experienced this. This can include something as trivial as a toothbrush or as radical as a McDonalds. You will be paid anywhere from $2.00 to $.40 for each review, depending on whether or not they meet the quality and standard of the company. You cannot expect to get rich quick, but if you enjoy putting in your two cents and have some time, this is one of the ways you can make money online.
o Affiliate Marketing – if you are willing to learn the facts and figures about web hosting, web design, affiliate marketing and Google AdWords, then you can be paid anytime someone visits your website. However, you will have to do your research and actually keep your website up to date. You will also most likely have to pay a certain fee to get a domain name and register with a web hosting company. Also keep in mind that you will not be making hundreds of dollars a day.
Now if you’ve been told you don’t have to have your own site to do affiliate marketing, that’s only been true in the past. Because if you plan on using Google Adwords, you’ll need your own hosted landing page and then you can send them through your affiliate link to the site you’re promoting. It’s a bit more work, but can very profitable IF set up correctly and once again, with a solid marketing plan.
o Resale Rights – are similar to affiliate marketing, only you have a lot more control of how much money you get keep. With affiliate marketing anyone can sign up and promote the product. With resale rights, you purchase the “rights” to sell the program and keep 100% of the profits, minus the cost of fulfillment. Because there’s some kind of a cost involved, it usually drastically lowers and sometimes eliminates the competition.
This by far is the most profitable way to make money online, selling an actual product, without having to create and produce one. Kind of like franchising. And unlike with affiliate marketing, you actually control the list of prospects you build with resale rights, because it all comes through your own website.
There are many different types of programs you can purchase the rights to. You have to pick the one that best suits you.