Make Money Online – Five Ways to Make Money Online
Making money online is a very much desired job. The idea of working from home in your pj’s is becoming very appealing to growing numbers of people. The freedom from a 9-5 job, more free time, and holidays around the world are some of the things that attract people to the idea of setting up an online business.
Unfortunately there are many scams and dishonest people online trying to sell you the dream. It can be very hard to determine what works and what doesn’t.
Below is a list of 5 ways to make money online. These methods have been proven to work and are used by top internet entrepreneurs.
1) Buying and Selling Websites
There are many places online where you can buy and sell websites. A normal price to pay for a site is a years earnings of what the site makes in net profit. For example if a site makes $100 a month it should sell for around the $1200 mark. As long as you don’t do anything to mess up the search engine rankings and the traffic the site receives, you will start to see a profit after 12 months. You could also improve the site and make it more profitable and then resell it for more money.
2) Sell on eBay
One of the most popular and profitable ways to make money online is to sell on eBay. If you are new to eBay, start off by selling some of your old clothes and books that are gathering dust. Once you have a feel of how things work, look for wholesalers online to buy stock in bulk and resell at a profit.
Dropshipping is the process of selling products online, on eBay or from your own website. But instead of buying the stock shipping it to your customers, you simply send the wholesaler the buyer details and they will send the good direct to the customer. A good dropshipping company will put your company details on the package so the customer thinks the order came from you and not the supplier.
4) Write and Sell eBooks
Thanks to the internet it has never been easier to write and publish your own book or guide online. eBook simply stands for electronic book. You can them sell it from your own website in a PDF format. Once you have created your eBook you can keep selling it without the associated costs of a printed book.
If you are stuck on what to write about, then pick a subject you know something about. Think of problems that people face and write a guide giving them the solution to the problem.
5) Create Websites + Sell Advertising Space
Selling advertising space on a website can be an excellent way to earn money online, If you are new to web design then there will be a learning curve, but the effort will pay off when you begin to make money on autopilot.