Dot Woven
Although there are about as many ways to make money online as there are people, I honestly believe that there are really only four: your own products, someone else's, MLM, and services. You combine these products with various marketing techniques, and you have a business. Below are some of the most effective ways to make money:
1. Affiliate Marketing
Affiliate marketing allows you to sell someone else's products. These may be digital or physical, and you can use a wide variety of techniques to promote.
2. Free Reports
Free reports offers several ways to market. You may give them away to build a list, as well as selling various programs, yours or someone else's from inside the report.
3. Services
If you have some type of service you offer, you can expand your market by selling online. This includes writing, virtual assistants, and website design.
4. Email Marketing
Email marketing is one of the most automated ways to make money online. Build an effective list of loyal followers and then send out an email whenever you have a great offer. It's almost instant money.
5. Classifieds
You can use this technique to sell your products or someone else's. You don't need a list or website, and you can often do it for free.
6. Digital Products
Digital products are the most popular products online to sell, especially if you sell your own, because there's very little ovehead involved other than a website and domain name. You can also offer a high markup.
7. Physical Products
The markup on physical products is usually less. With the right product though, you can make a lot of money.
8. Blogging
This is not only an easy way to build sites, it allows you to make a lot of money. You can sell your products or someone else's.
9. Resale Rights
Resale rights are where you purchase a product from someone else, and you have the right to sell the product and keep 100 percent of the profits. The drawback is that you can't make any changes to the product.
10. PLR
PLR, or private label rights, is where you purchase digital products that you are allowed to change and make your own. They're more effective than resale rights because you can use them to create higher priced products.
11. Public Domain
This technique is similar to PLR. Instead of taking generic products and changing them to create your own, you're changing a previously created product into one you own.
12. Bum Marketing
This is a relatively simple technique to use for those new to the internet. It involves affiliate marketing, writing articles, and using free classifieds.
13. Memberships
This is by far the best way to create a passive residual income. Memberships allow you to work once and get paid over and over.
14. Auctions
15. PPC
Pay per click allows you to sell your products or someone else's. Another technique that doesn't require a website or list and is the fastest business to start. It can also be one of the most expensive.
16. Forum Marketing
This technique works with both your own products or someone else's. You can use it to build lists, which is the most effective, or sell low cost products from your resource box.
17. Free Classifieds
Making money with free classifieds is similar to pay per click. You can use someone else's offer or create your own. It's most effective though when used to build a list.
18. Surveys
This technique probably won't allow you to quit your job. However, if you're simply looking to make a little bill money, it can be effective.
19. Completing Offers
According to Project Payday, this technique can actually be used to make at least a couple of thousand dollars per month. Great technique for mom and those looking for extra income.
20. Brokering JVs
When you broker a joint venture, you are bringing together the product owner with your own list of joint venture partners. You make a percentage of the sales or a flat fee.
21. Offline Businesses
Most businesses are still in the "real world." Many of these businesses can still use the internet to expand their customer base.
22. CPA
Cost per action is where you get paid every time your visitor takes action. This technique is very lucrative and requires a website.
23. J.O.B.
Many marketers, myself included, laughingly call this "Just Over Broke." You can, however, find employment online and work from home.
24. Teaching
Plenty of teaching opportunities abound. You can teach for universities or sites that allow you to offer classes.
25. Content Marketing
Content marketing is about building large websites. You offer your visitors plenty of content, as well as plenty of offers woven into your sites.
26. Selling From Non Auction Sites
There are a wide variety of sites online that allow you to sell your products. These include catalog sites, as well as other marketing sites. Many allow you to submit an RSS feed of your product line for quick inclusion.
27. Speed Sales (Fire Sales)
Firesales allow you to make a lot of money quickly by offering your products at a discount. With a time limit, it pressures your potential customers into buying now.
28. Upsells/Cross Sells
These two techniques are a more passive way of making money from your website. They allow you to integrate additional offerings into your mix. Set it up once and continue to make money.
29. Licensing
Licensing is where you pay to use someone's image or even his/her product. Then you are allowed to create products from that license or market that product under your own name.
Jinger Jarrett wants to teach you how to make money online for free. Read this entire series of articles when you visit her blog: Internet Marketing for Free. Get your free internet marketing membership and learn how to market, as well as make money online.
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