Everywhere you turn, there are literally dozens of online money making opportunities. The big question: Which ones are just fads and which ones are truly legitimate ways to profit online? If you've ever asked this question yourself, we heard you, and decided to bring to the table 9 totally legitimate ways to make real cash online regardless of what decade you're in. These 9 successful online business models have proven themselves time and time again for 1000s of people online and the great thing is they will probably never go out of style.
Now let's look at a brief summary of each:
1. Affiliate Marketing - In many peoples opinions, affiliate marketing is the number one way to start making money online. Its so appealing to beginners and professionals alike because as an affiliate you don't have to worry about creating a product, handling inventory, processing orders, or issuing refunds at all. All you do is market and make commission!
What you're doing here is basically running a referral business. If the people you refer end up buying something because of you, then you get a percentage of the profit! You can find all sorts of products to promote in all kinds of niches as well. You even have the choice whether you want to promote physical goods or digital products.
The variety of choices and freedoms you have as an affiliate are what make this business model practically one of a kind.
2. Online Auction Business - Whats the first thing that comes to mind when you hear online auction? eBay! eBay makes a lot of people, a lot of money online. Whats great about it is that you can basically start a business without ever knowing how to make a website or drive traffic. eBay takes care of that on it's own really. All you have to do is come up with an inventory of products, put them up on eBay, and make sales!
You do have to take care of the packing and shipping which can prove to be one heck of a hassel when you're shipping multiple products all over the country at once. So if you don't mind being highly organized and occasionally dealing with packages that get lost in transit, than you may want to look into starting a business on eBay.
3. Private Label Rights & Resale Rights - Want a high quality product to sell as your own but don't want to hassle with being creative? If so, you might want to look into Private Label Rights & Resale Rights.
Private Label Rights (PLR) are special rights passed on with a product that give you permission to alter that product in any way you want!
That means you can, mix, match, add, subtract, stamp your name on the cover and BAM! You have your very own product to do with it whatever you wish. And that's just one idea for taking advantage of Private Label Rights.
Resale Rights(RR) limits you quite a bit more. With them you only have the option of reselling a product as it is. You usually do have a choice at what price to resell the products, but this can turn around and bite you. Its quite common to see great products that are worth at least $47 dollars being given away for a skimpy $0.99. This can obviously make it difficult to earn a decent income but given the right tactics many people see great results using resale rights products.
4. Create & Sell Products From The Public Domain - Did you know that all books, images, audio and video with expired copyright is good for you to take and use as your own? As long as the copyright on the work has expired, its for you to do with as you wish. When copyright expires on information, it then becomes a part of the public domain.
This method involves taking information from the public domain and turning it into information products to sell over the internet. For example, turning an entire book from the public domain into a PDF format to distribute over the web. Another option would be to put it on a CD and sell it over eBay.
The toughest part of the operation is going to be where you have to get all of that information from the book into your computer. Unless you feel like typing out the entire book yourself, you can outsource the task. DataDash.com does this for you. Yanik Silver actually has a product out that teaches you how to create and sell products from the public domain. Google it.
5. Turn Your Knowledge Into E-classes & Teleseminars - If you have specialized knowledge or a certain skill that you know people want, you can make a decent income by turning these things into Paid E-classes and Teleseminars.
E-classes and Teleseminars have a much higher perceived value so you can get more money per person than you could by simply selling your information in an eBook. Setting them up is actually easier to do in many ways, especially if you're good at talking off the top of your head
6. Turn Your Knowledge Into Video Tutorials - This option is just like putting together E-classes and Teleseminars. Videos also have higher perceived value especially if you're knowledge or skill needs physical demonstration, such as exercising, sports, computer learning, etc.
Its pretty obvious, you'll learn how to throw a curve ball much more effectively by watching it demonstrated on video. Your customers understand this and they'll show their gratitude by purchasing your $97 videos over the competitions $47 eBook.
7. Freelancing - If you have a passion for writing, design, research, programming and much more, the internet certainly has room for you. As a freelancer you perform your specialized skill in exchange for cash. Depending on your abilities, people may be willing to pay big bucks for what you can do for them.
You can sign up at places like elance.com and sell your professional services. People go to sites like these looking to outsource all kinds of work. You should go ahead and take a look see at what kinds of skills are most in demand. Once you build up a nice portfolio of your work, you can start asking a higher rate in exchange for your services.
8. Blogging - if you're a writer, blogging may just be what you're looking for. blogging involves putting out high quality content so as to turn initial visitors into loyal fans who keep coming back.
The most popular ways to make money on blogs is to implement Google AdSense ads into your site. You make money when people click on the AdSense ads. Blogging is also a powerful tool for promoting affiliate products. If you keep putting out quality content, build up a loyal fan base to the point where you have 1000s of visitors a day to your blog, you can easily be making couple hundred dollars a day doing this.
9. Survey Sites - You must have come across the whole "cash for survey " spiel at least once by now. This is one method I was a little reluctant to share because there are a lot of so called "legitimate" survey sites that are actually a bunch of scammy garbage. I was a victim of some of the junk myself and its sucks.
Its unfortunate for the industry, because there are actually real survey opportunities out there, but it may end up being more trouble than its worth just to find them.
If you don't know what im talking about, there are sites out there that will actually pay you for your opinion. It almost sounds unreal, but it turns out major companies want to know what the 'average' person thinks about certain things; enough to the point where they want to pay you a couple bucks per survey. This method is enough to put maybe a few hundred dollars a month in your bank account, but that's about it.
Well that's all 9 Methods. I have much hope for your success. And like I said before, they have all been proven to work, so choose your favorite and go for it.
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