Dear Ellen,
There are several ways you can earn money on the Internet -- the legitimate
way, and not the get-rich-quick (there is no such thing). All requires work,
from web site creation, to building traffic and marketing the site.
1. Sell products. If you read our Making it Big on the Web stories (http://www.powerhomebiz.com/SBP/intro1.htm),
all the entrepreneurs that we've featured thus far share one thing in common
-- they are earning hundreds of thousands of dollars on the Web by selling a
product. Michelle of BabyGenius.com sells baby products. Tamara of
BigKidsVideo.com sells children's videos, while Tony of RedWagons.com sells
Radio Flyer products. Think of a product that you can sell from your home, one
that does not require too much inventory and can be started with little
budget. We cannot tell you what business to start; it must be something that
you want to do.
2. Resell something. If you don't have your own products to sell, you can
sell other people's products and earn a commission from them. You can resell
e-books and get 10-25% commission, or join affiliate programs.
3. Create unique content and earn through advertising. This is currently a
losing proposition. Even mega sites such as Yahoo is suffering from poor
online ad sales.
Read our article "How a Home-Based Entrepreneur Can Earn Money on the
Web" at http://www.powerhomebiz.com/vol23/earnmoney.htm
to give you an idea of what works and what doesn't work on the Web. Also check
out our E-commerce Guides page at http://www.powerhomebiz.com/ECommerce/ecommerce.htm
and the Internet Marketing page at http://www.powerhomebiz.com/ECommerce/internetmarketing.htm
It is not easy to find the right business. You just need to keep looking at
what you can and can do, what interests you and what resources you you can use
to make a go at it.
Hope this helps.
Thank you for being part of Power HomeBiz Guides.
About
the PowerHomeBiz.com Guide:
Nach Maravilla is
the Publisher of Power Homebiz Guides. He has over thirty years
experience in sales and marketing of various products, which
covered as he jokingly describes, "from toothpicks to
airplanes" He also had extensive experience in
International trading and he always excelled in special promotional
ideas for retail outlets.
The opinions expressed in this column
are those of the author, not of PowerHomeBiz.com. Users should not treat the
Guide's response as legal, accounting, or professional advice as all answers
are intended to be general in nature. Such advice can only be properly given
by qualified professionals who are fully aware of a user's specific
geographical areas or circumstances, such as an attorney or accountant.
