A lot of people are looking for solid ways to make money online. The fact is there are tons of ways to generate full time or passive income on the Internet. While some of these online money making methods can keep you constantly visiting your bank with pay checks, some can be very frustrating. It’s often very difficult for starters to find what’s best and so most of them end up in the luring hands of scammers.
In this post, I want to discuss three dependable and rock solid ways to make money online. Whether you are out for passive earnings or full time income, these are credible and well-founded ways to invest in.
1 – Product Creation
This is by far my best method to make a killing online. The only limit here is how far you can think. With outsourcing facilities, the technical barrier has been completely rolled out. All you need is think and come out with a product idea. Once that’s done, the next step is just getting someone on eLance or Getacoder or Freelancer to get it done.Well, this may not be as easy as it sounds but I think it’s the better way to go if you cannot go beyond just getting the product idea.
In my income report for 2012, you noticed that a huge portion of my earnings came from the product I created and sold. And to be more honest, more of my income this few days has been from CashDonator Plugin.
Are you already thinking of creating your own products?
Why product creation ?
- You are the master and decision maker in the business.
- You keep 100% of the earnings if you want.
- You create a brand name that can even generate more profits.
- You recruit affiliates to drive traffic to your sales page bringing in more sales and more profit.
- You position yourself as expert in your niche.
- You create a buyers list that can be used to generate more income.
- Product creation will help you network with many more experts
Categories of products to make money online
A – Membership Products:
These are also know as Recurring Billing or Subscription Products. In this category, you will always find paid and free membership products.
A membership product is the more beautiful way to make money online. You get paid by one single customer over and over and month after month for the services you provide. However, if your product is not good enough or does not contain enough materials to keep your clients, they may start cancelling their accounts shortly after.
How to make money with free membership products
These are products where signup and the use of the product are free. However, there are couple of ways to make money with free membership products:
- Featured spots
- Premium services
- Email marketing (In some cases)
B – Standard Products
This is the most common category of products online. These are information products (ebooks, audios and videos), web, desktop and mobile applications. With a little investment, you can be author of the next best-seller in your niche.
2 – Email Marketing
Email marketing is one other solid way to make money online. This is simply collecting email addresses of people in your niche and trying to sell something to them. Building an email list of targeted subscribers can be a very profitable source of income.
While Email marketing can be successfully done without having your own product to sell, product creation is another beautiful way to build a very profitable (buyers) list for further Marketing.
How to profit from Email Marketing without owning a product.
Collecting emails and building a list is a way of creating your own powerful and trusted marketplace. There are two unfailing ways to generate income from your own list (Without having your own product):
1 – Affiliate Marketing: This simply is selling others’ products to earn a commission on each sale. All you need to do is study the product and be sure it’s the best to send to your list. Then send a mail to your list recommending the product. A single mailing campaign can generate a huge amount of income. However, that’s as a function of the size of your list.
There are a number of recommended affiliate products networks out there like Clickbank, CJ, Digiresults,JVZoo,e-junkie,paydotcom etc. All you have to do is create a free account on one or more of them and select the right products to promote to your list and earn their commissions.
2 – Solo Ad: In basic terms, Solo Ad is when someone pays you to mail to your list on his behalf, with a recommendation and link to his page.
That’s another easy way to make money with your list. However, you have to be cautious not to send a mail that will annoy and send your members off your list.
3 – Sell your skills
Most of us have skills that we can use to make money online. These include:
- Web design
- Web development
- Article Writing
- Social Media consulting
- Mobile Phone Apps
- Video production
You may want to sell your services on platforms like eLance, Getacoder, Freelancer, Fiverr, SEOclerks and a couple of others. If you are good at what you offer, you’ll be earning remarkably. No room for mediocrity
There are tons of other ways to make money online. Some are blackhat, others Whitehat and some Greyhat. However, if you want to be sure of a handsome amount every month, be involved in one of these three.
Now let me hear your beautiful comments. Share more about these methods or some others. Also share this post with your friends on social media. I’ll be excited to see you do just that.
Waiting to hear from you
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