Starting an internet home-based business is the way to go in this tough economy and for good reason - as a good part of the outside, physical business world suffers from financial hardship, the online ecommerce community, for the most part, continues on with life as usual. Hence, my belief that an online home business is the best way to make extra money from the comfort of your home office, your laptop, or from wherever you have access. Millions have done it, are doing it, and are earning a great living at it. Better yet, since the internet is vast beyond our wildest imagination, there is plenty of room for everyone to jump aboard the online business bandwagon.
The possibilities of how you can make money online are endless. However, if you're new to the whole online business thing and curious about your options, here are a few very popular and profitable internet home business models you can try:
1) Promote affiliate products. Becoming an online affiliate for a company or for a person means that you promote their product(s) and receive commission for certain sales. When you sign-up to become an affiliate (which is free), you are given a personalized affiliate link as well as promotional tools like banners and sales pages that you can use to promote the product. Using the affiliate link ensures that you will receive the credit for all sales made through your promotion. Most people create websites around specific products or a theme of products and then advertise to draw traffic to the site to make sales. This is a great internet home business model and probably the most popular way of making money on the Web.
How do you start to become an affiliate? There are affiliate networks all over the web offering products to promote - Clickbank being the most popular network for digital product promotion (i.e. ebooks) and Amazon and Commission Junction being very popular for physical products (cameras, computers, books, etc.). Signing up is free and most affiliate products come complete with banners and other promotional tools to get you started.
2) Build and sell niche websites. Building and selling niche websites is great for making big lump sums of money. I discovered this internet home business model when I discovered Flippa.com – the most popular site for those who buy and sell websites. Believe it or not, there is an online audience of people out there willing to pay good money (hundreds and even thousands of dollars) to buy a website that they know will bring them money on a residual basis. Your job is to choose a money-making niche and build a website, add keyword-rich content and revenue streams (i.e. Adsense and affiliate products), optimize it for the search engines, draw traffic with PPC and article marketing, wait a few months to collect statistics, and then put it up for sale on sites like Flippa. The money you can make is crazy big! Don't believe me? Go to Flippa.com, click on the home page "Just Sold" tab, and browse the websites that just sold for thousands of dollars. I guarantee that you'll be as amazed as I was the first time I discovered this goldmine.
3) Sell information. The internet, after all, is all about information – people looking for it, selling it, giving it away, creating it, etc. Start a home based internet business by creating an ebook or another type of information product (audio, video). Focus on a subject that you enjoy or on one that you know will make money because people are searching for it. Sell your product on your own website or on Amazon or Clickbank and make your millions
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