The economic situation in the world is quite tough right now. Although it could be tempting to get stressed by financial troubles like most people, there is a different way you can look at it. You can look at it as an opportunity.
How could you turn the bad economic situation into an opportunity for you? Since a lot of people are getting laid off or downsized, there are now a lot of people looking to make money on the internet. Since so many people want to learn ways to make money online, this could be a great opportunity for you to take advantage of. You can help others make money online while make money for yourself.
Here are several approaches you can take to do that:
Build a Blog or Website Community
A great way to make some extra money online is to create a blog, online community or website for people who want to find ways to make money online. Because you're tapping into a market that's actively looking for business ideas, you'll be tapping into a market that's very hungry for information.
It's easy to make money by providing a range of business ideas, especially the ones that can be started on a shoestring budget. You can also add a community aspect to your website by allowing your visitors to discuss business ideas on a forum or blog comments section.
Another way you could make money by sharing business ideas is to:
Put Together Your Own Downloadable Product
Millions are made selling ebooks about business ideas. While it can be very tough to compete in the big "How to start a restaurant" or "How to invest in real estate" markets, you can easily dominate smaller niche markets without too much competition.
It takes a bit of work upfront to create an eBook. First you need to brainstorm a good idea to write about. Once you have your idea, the next step is to spend time writing your eBook or recording an audio eBook. After your product is complete, then you can make a website or blog that's designed to persuade your visitor to buy.
Needless to say, as part of running a business you'll need to continually provide customer support and keep on promoting (marketing) your website. You'll also be collecting the checks each and every month.
The great thing about the online format is that you don't have to ship anything or print anything. Everything is easily downloaded to your buyer's computer.
But if that still seems like a lot of effort, you can take the easier alternative route of:
Selling Other People's Business Products for a Commission
If you don't want to put in the effort to create a product or your own, you can still make a great living online by selling other people's products. A lot of the popular business ideas products online (including the one we'll talk about at the end of this article) offer commission programs. They're free to sign up for and you'll get as much as 50% of all the revenue that you refer. In other words, if you send them a customer and that customer buys $40 worth or products, you'll make $20.
One of the best things about referral marketing (also called "affiliate marketing") is that you save yourself the effort of making your own product. You never have to worry about customer service or fulfilling orders. The only thing you're responsible for is directing traffic to a website using a special link. If you enjoy telling family and friends about new restaurants, movies or products you like, then this could be a great way for you to make some extra money online.
If this suits your fancy (earning money WITHOUT having to write long ebooks or provide customer service) you can join Nicole Dean's Just Add Sweat Affiliate Program - FREE. Just recommend our business idea guides, earn commissions and relax. It's as simple as that.
Article Source: WAHM Articles
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