| If your dream is to make money from an Internet | | | | information products. This is ideal for a consultant or |
| business, you may be surprised that there are several | | | | coach. If you have a mailing list of faithful followers you |
| different types. There's a lot of talk about finding a | | | | can sell all sorts of information such as reports, |
| niche and selling just one, special, product but before | | | | e-books, email courses, podcasts, videos, physical |
| you make the leap and build a web store that sells | | | | books, coaching calls and webinars, or a combination. |
| under water embroidery supplies for left handed sailors | | | | Your web site needs to demonstrate your expertize |
| called Bob, it may be an idea to check whether this is | | | | and give visitors a way (and a reason) to join your |
| the best thing for you. | | | | mailing list. Again this is great if you have a great deal |
| 1. Products. Selling products is the most obvious form | | | | of knowledge about a subject, but it is possible to |
| of Internet business. You'll need to set up an | | | | license a product from someone else, or outsource the |
| e-commerce site, find a good, reliable supplier for your | | | | creation of the product to freelancers. |
| products and do your best to negotiate good shipping | | | | 4. Another option is to become an affiliate marketer. |
| rates. Shipping can easily eat in to the profit of a | | | | This is similar to being a salesman paid only on |
| website and can be a lot of work, so drop shipping is | | | | commission. You recommend a product or products to |
| popular. If you can find a drop shipper for the product | | | | visitors to your website and if they buy it (from a third |
| you want to sell you can worry about advertising and | | | | party) you receive a commission. Affiliate payments |
| selling the product while your drop shipper handles the | | | | vary enormously. They can be 50% of the cost of the |
| warehousing and delivery. Of course there is a fee | | | | product, but more often they are a small percentage, |
| involved, so the method only works where you stand | | | | so you need a stable of products as well as steady, |
| to make a reasonable profit. Low cost items are not | | | | heavy web site traffic to make money this way. If |
| usually successful when drop shipped, but don't give up | | | | your web site visitors perceive you as an expert in the |
| hope, there are wholesalers who will deal in low | | | | subject concerned, you are more likely to be |
| volumes. This may be the answer. | | | | successful. |
| 2. Free Information. If selling products doesn't appeal | | | | 5. Blogging. Not everyone is going to be offered a |
| you can build a website around free information. | | | | book deal or a spot on a news program, but there is |
| Create a central repository for useful information | | | | definitely money to be made in writing on the Internet. |
| about your area of interest you could even run a club | | | | Blogs which contain interesting or entertaining content |
| with a monthly newsletter for people who share your | | | | can attract a great deal of visitors and make money in |
| interest. If it is successful you may even be able to | | | | the same way as those with free information sites, |
| charge a small membership fee and hide part of your | | | | only the content their product is opinion, aggregation |
| site from casual visitors. An information sheet which | | | | and commentary rather than information. |
| costs $1 to download sounds insignificant, but mounts | | | | Whichever method you choose, be sure to get your |
| up if you can attract a million interested visitors. You | | | | information from reliable sources and avoid the many |
| can also sell advertising space, add Google ads to | | | | internet scams. You do not need to buy or attend |
| your pages or perhaps create customised products, | | | | courses which cost thousands of dollars in order to |
| for example from CafePress. If you have an expert at | | | | make money on the web, but if you approach the task |
| a sport or hobby this may be the ideal path for you. | | | | properly there is money to be made. All it takes is |
| 3. Information Products. A similar approach is to sell | | | | persistence, time and a willingness to learn. |