9 Ways To Make Money Online

Saturday, March 6th, 2010 at 2:53 am

1 Affiliate Marketing

One of the best ways to make money online is affiliate marketing. Most gurus will tell you it’s also the easiest. Learn every thing you can about affiliate marketing and direct response selling using email.

It’s simple to get started as its free to join an affiliate network like Commission Junction or Clickbank. There are different types of networks for all different types of products so you’ll always be able to find some thing to promote.

2 Sell Your Own Products

Selling your own products is the second best way to make money online. There is no secret system to make money online – Simply create your own. Creating and selling your own info products online is where you’ll make the most money.

It’s not difficult to create and promote your own products, just starting will be the hard part . So as well as learning about affiliate marketing, learn every thing you can about creating your own information products to sell on line.

3 Sell physical products

A second way of selling products is through your own ecommerce website. Yahoo offer a service to sell your products as do Amazon which make it easier to start by using their services, than trying to set up your own ecommerce website.

Shawna Fennel is a Yahoo Store expert and she started her first store selling software (Microsoft, Adobe, Corel, etc). You can find more expert advice on setting up a Yahoo store at 1choice4yourstore.com.

Yahoo Stores is a great way to start an ecommerce business as they have a massive network of stores, and shoppers are searching the network daily so your store could be then next one these hungry buyers find.

4 Freelance Outsourcing

You can make money online by offering your services and this is done by joining an outsourcing service. There are many outsourcing services online. You don’t necessarily have to be a professional like a lawyer or business.

So the question is “what can you do?” you’ll find different jobs that you can do like admin support,- web designing or programming, - ghost writing, content writing and copywriting and many other services.

Simply join a site like elance.com or guru.com then first build your profile, then market your services then get paid for your work.

5 Stock Market Trading – Spreed trading

Trading on the stock market is now no longer a luxury just for city traders. Any one with an internet connection can now start trading with a small capital. As well as day trading or futures you have a type of trading called spreed betting.

I recommend you learn about spreed trading as this is a lot easier than opening a trading account with a broker and buying shares. You can trade as low as $2 a tick or pip. A tick is the term used for stocks, futures and index etc and pips is the term used for Forex.

You can trade on currency’s 24 hours a day through the Forex markets, unlike the futures which are only open for several hours per day.

Spread Betting the Forex Markets

David Jones. Harriman House 2010, Paperback, 150 pages, $18.98

6 Exchange Trading and Betting

Exchange betting is a way to trade on sports like horse racing, football and even snooker etc. Unlike traditional bookmakers like William hill or Coral where you’re guaranteed to lose your money, an individual can actually make money or a living from a betting exchange.

A betting exchanges thrives on liquidity and customers tend to focus on the markets where they are confident their bet can be paired up with a matching counter bet. To make money consistently through the exchanges you have to trade instead of gamble.

Betfair is the first and biggest exchange service and opening an account is fairly easy and as normal with bookmakers you receive a first time bonus which you can use to hedge a bet against a bookmaker.

7 Start a Consignment Business

You can make thousands of dollars per week – with little or no financial risk – selling other people’s stuff on eBay. You can run a consignment business from home as a Trading Assistant. eBay has already given any eBay seller who qualifies an opportunity to start a consignment business.

When you join the Trading Assistants directory, you tell the world that you are willing to sell for others. Trading Assistants charge fees or commissions for the services. Selling as a Trading Assistant allows you to provide selling expertise without having to find products yourself.

8 Start a Social Networking Business

Social Network sites are communities of people (surfers) who share interest and activities and are usually also interested in the interest and activities of those in the communities. One of the fastest growing demographics on Social Networks sites are moms, so any one can start a Social Networking Business.

A Social Networking Business is very inexpensive to start as there are plenty of Social Networking services online that enable any one to start their own Social Network. Though you can set up your network for free, you should eventually choose a premium service and then you have the option to completely white label your business, using your own domain name.

The best feature of a Social Network Site is user content. You just build your network and once the party has started, you don’t have to worry about things like writing post and all the usually things you implement on your blog. All the features you see on facebook, myspace twitter, youtube etc you can have the same features on your social network site.

Recommended Social Network Setup: Network Plantform - Social Engine with the JooMood WP-SE Integration plugin. You can see a demo of this set up at Nice To Be Me. Another choice is Ning, “Social Networks for Everthing.” The popular dog niche network “Urab Dog ” is built on Ning. Another very good plantform is “KickApps - highly recommended.

9 Become a Professional Blogger

Blogging lets you share your thoughts and ideas on topics you love with others and get paid for it. There are a few types of blogging sites but mostly what I see are authority blogs and niche blogs.

Amy Bass a professional blogger usually creates niche blogs and a Yaro Starak has an authority blog about “how to make money blogging” and another great blog I like is Katie Freiling which is about “Intergrating Personal Development With Online Marketing.”

You can usually blog about any thing but its best to do some market research first to determine if your subject can be a profitable one by monetizing your blog. You can learn more about blogging by visit authority blogs like Yaro’s.