Ideas for making money on the web

Dec 2nd 2010 at 10:04 AM

Working from home can be really enjoyable experience, but don't get the idea that such work is for everybody. Some people just aren’t ready for it. Full-time work from home demands serious organization, and commitment. It is much harder to keep focused when you don’t have an angry boss sitting in his office just in front of you. But what’s more important, you need to have ideas for making money on the web, without them you will be wasting your precious time.

Here are three simple ideas, which will give basic understanding about home-based business:

1) Direct sales.

Direct sales method was incredibly popular even before the internet revolution. Such corporations like Mary Kay, Avon and Amway are the good examples of direct-sales businesses.

So how did this method work?

A lot of these corporations are built on a multi-level/matrix marketing model. The sales person will earn money from direct sales to customers and the percentage from sales from the recruited people – those who were recruited by you (the sales person), to work for the company’s sales force. While it may look considerably easy, there are few downfalls.

You need to have some sort of sales talent and great product-line knowledge – your earning will depend on your skills, mostly. That’s because you would not get a lot of cash from the recruited members. Also common downfalls are medium-high sign-up costs (needed to be able to earn commissions) and costs of additional materials like products samples, catalogs and kits. In addition, it is hard to earn full-time income with this method, especially in first year of this business.

2) Writing.

Again, just like with the direct sales method, a writer equipped with a typewriter and a courier service could earn a full-time income from home even before the internet was created.

The best option for any “home writer” is to be employed full time by a specific website, company or a magazine. But the bad thing – such deal is only available for experienced writers or at least for those who have perfect English.

Another popular option is a freelance writing. But here is another downfall as well – as soon as you finish the project, you are “unemployed” again. So most likely you will be always chasing additional work, and spending a lot of time on it.

3) Blogging.

Compared to another 2 methods blogging is quite new. First of all – blog is like your diary, or a journal. Start writing about topic you are really passionate about. But choose wisely, it cannot be undone, once you started, because your readers will not be satisfied with sudden topic change.

Writing a new post for your blog must become a daily habit, and you must provide your readers with useful or interesting information, not just any related material. Every post must have a clearly defined purpose – be it a review or just a funny story related to your topic, it must provide some value to your readers.

To earn with your blog you must use related affiliate products from Clickbank (or other similar services), Google Adsense or CPA offers. However, there are dozens of other ways for making money from a blog. But the problem is – you will not be able to earn a full-time income in first months, and blogging requires good SEO skills, which are not that easy to master.

Hopefully these 3 general money making ideas provided you with some information you can think about. Before starting any online business, you must prepare a clear and definite plan, and money making ideas (or ways) should be your first priority.


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