With millions of workers having been laid off and wondering what to do next, there are many thousands of them who have shifted from being wage slaves to becoming Internet entrepreneurs. The Internet is where we live, shop, socialize, and are entertained these days, and there is lots of money being made by the savvy entrepreneur.
There are a number of ways to make serious money on the Internet in the boom that knows no recession.
1. You can sell a product that you may have invented. If it has wide appeal and is really needed, you can get super rich. Even if it has limited appeal, you can make very good money as long as you know how to target your market niche properly.
2. You can research sources for unusual products which developing nations can manufacture inexpensively.
3. You can become an affiliate of a product site and apply Internet marketing techniques to get orders. The sites will give you plenty of information on those techniques and you earn a commission on every sale you generate. You are not involved in fulfillment, so that keeps it all simple.
4. You can become an affiliate of an information site and apply Internet marketing techniques to get orders. Again, you earn a commission on every sale you generate, and you are not involved in product delivery.
5. Other sites will grant you resale rights to books, tapes, videos, or whatever it may be. This method is more profitable, but you will be involved in fulfillment. Luckily, with information products it's painless - all you do is email the download information to your customer.
6. If you are an expert in a particular field, you can become a consultant to business or individuals, depending on what your expertise is. Customers will pay you handsomely for your knowledge.
7. As such an expert, you can make additional money by writing an eBook for sale on the Internet. If book writing is not your thing, you can get a freelance writer by posting the job on various freelance sites, such as http://www.elance.com. You'll be surprised for how little money you can get the job done professionally.
These are just 7 ways to make serious money on the Internet. As you become a savvy entrepreneur and understand how to utilize the Internet to grow your fortune, the opportunities will become endless.
next post