Internet Based Home Business – Top 10 Proven Ideas
So you looking for some ideas on what you could do to make some extra cash at home or even grow a full time profitable business online? Here are 10 proven methods you can choose from and see what might work best for you.
ebay.com
eBay is an online auction site and can be a good way to get started selling online, it has some major advantages over starting your own website which are:
Already has traffic
The visitors are actively looking to spend money
Its very cost effective to reach your target audience
Requires less technical knowledge to get started
If your already selling products offline the transition can be very easy for you, if you know good places to source cheap products it could also work very well.
But you may have the most success in developing your own information product to sell as this will give you something unique that you can demand your own price for.
You have to remember eBay is a world wide market place and commodities are very competitive.
associatedcontent.com
Associated Content is a place you can get paid for submitting quality articles and content that meet their guide lines, if you are any good at writing this can be a place to get some guaranteed income.
although this may not be for everyone if you want to sell anything online you are going to have to get used to writing content, so it could be good practice for you.
elance.com
Do you have skills that you could offer people to outsource, elance allows people looking to outsource work to find competent people that are up for the job, if you have any of the following skills you could find your self some work on this site:
Web Design
Programming
Search Engine Optimization
Copy writing
Data Entry
Telemarketing
Chat Support
And many other thing
Blogging
Passionate about a subject? Why not setup a Blog and update it regularly, there are many ways you can monetize a Blog. You can join many of the Affiliate or CPA Networks to find relevant offers to promote on a commission only basis.
A few of these networks you could look into would be:
Clickbank
Commission Junction
Max Bounty
Neverblue
Azoogleads
Copeac
Online Newsletter
Sometimes referred to as an “ezine” is basically like a magazine but is “announced” via email. Now I say “announced” via email because they can come in a wide variety of formats such as:
PDF
Multimedia (Video)
Podcast (Audio)
Blog
Static Web Page
Plain Text Email
HTML eMail
The type of format you publish in will depend largely what everyone else in your market is doing, if everyone is doing text and HTML email newsletter then why not try doing it in PDF or Multimedia. Being different will get your newsletter read and gain you more subscribers.
How Much Money Can You Make Form An Online Newsletter?
This really depends on how you decide to monetize it, if you have reasonable ad writing skills and you are promoting affiliate products inside the newsletter which has good content that your subscribers want to read, you can see profits of and above per subscriber per month.
Other methods of monetizing a newsletter could include:
Selling your own products
Recruiting affiliates for your own products
Selling advertising space
Offer a paid subscription plan
Software Product
Developing a software product can be a fantastic way to start an online business providing that your software solves a “real” problem that people are having and that they care about.
Most software should cater towards automating a time consuming task that your prospect may be undertaking.
You also have to be targeting a market that has money and preferably automating something for someone that they can make more money by automating this task otherwise you may have a hard time getting anyone to justify buying it.
Do proper research first before spending any money.
Information Product
Developing an information product for a niche topic can very profitable if done right, but can also cost a lot of money and time if gone about in the wrong way.
Some tips that you should follow:
You are not your market, just because you think its cool doesn’t mean it will sell
Find a market where people are already looking for a solution
Make sure the market has disposable income to buy your product
Do market research, ask them what they want then give it to them
If your planning on going down this route I would recommend reading up some more about it, as its really a topic for a book rather than an article.
Consultancy
People who run offline business need you! They need you to help them get online, and most would be willing to pay if you can provide a valuable service for them.
Never underestimate the power of picking up the phone and making some calls to local business and offering them something.
Local Web Directory
If you are not phone shy or have telemarketing experience then you can make a nice yearly residual income from this method.
Step 1. Register a domain
Step 2. Get hosting
Step 3. Install a copy of WordPress on your hosting
Step 4. Turn it into a local business directory
Step 5. Get some links to your site
Step 6. Sell listings to local business
By making a website listing local business, and getting some links to it, you will find it quite easy to rank in the search engines for keywords that include your town or city. Such as [[Your City Name]] Plumber.
You can then get in contact with all local business and charge them a small yearly fee to list their business, say , should be hard for them to turn down if they can find your directory in the search engines.
Affiliate Marketing
Want something more automated and less hassle? Then affiliate marketing could be for you, there are many sites that allow you to find merchants that will pay you a commission for selling their product.
They already have a quality product and converting web page. All you have to do is send traffic and they will pay you a commission on every person that buys something. Two of the best ones to get started with would be:
Clickbank
Commission Junction (cj.com)
If you would like more information about affiliate marketing and how to make money online with it then you may be interested in my FREE 5 day e-Course that will go into a lot more detail about how to get started by using “Free Advertising” if you would like to find out how to enroll check out:
www.directresponse4u.com
