Tuesday, March 24, 2009

Where to Start to make money online

Practical points to where to start making money online:

The biggest mistake people make, it too much research and not enough trial. You can literally spend the rest of your life researching information online. The greatest advice I can give you is to decide on what you want to do and start doing it, and making money online will follow. The total cost of running a website can be zero dollars a month. You will see what I mean, but first, lets look at the different ways you can make money online. If you haven't already, you can read my introduction Here

Selling Products/Services to make money online

You can buy products at a discounted price from a wholesaler and sell them at a higher price online. To make any kind of real money you should sell those products on eBay(Read my article about Selling on eBay), as well as have your own online store.

If you do not have any web programming experience, read my series for Programming Illiterate Web Gurus. The series tells you how to start to make money online without ANY programming or HTML skills what so ever.

If you do not want to buy wholesale you can sell using a dropshipper. That way you sell the item to a customer, grab his shipping information, provide it to the dropshipper and forget about it. They will take care of the rest.

Read my article about drop shippers.

You can also manufacture the merchandise you want to sell.(Highest profit margin)

Regardless if you will use a wholesaler or a drop shipper, you must use an affiliate marketing company to get others to sell your products for you.

Read my article about Selling using Affiliates, its an systematic way to make money online.

Here are step by step instructions on how to run an successful online store.

1. Choose a product or a variety of topics you would like to sell.

2. Choose a domain name and a hosting plan(free or for a small charge). Click here to read my article about this topic.

3. Decide on what method you to use to sell (ie : wholesaler, drop shipper, manufacturer, or affiliate)

3. Build your website by
(i) Programming the website yourself

(ii) Using online website builders and clones (Programming Illiterate Web Gurus)

(iii)Have a website build for you. Most websites can be build for less than a couple of hundred dollars

(iv)Market your website. See my section on website marketing

4. Tweak, Expand!

5. Make money online

6. Go back to step 1

No comments:

Post a Comment