The short answer is yes, no, maybe.
There are many naysayers such as friends and family that may tell you that making money online is some type of pipe dream. “If it’s that easy, everyone would do it” is a common saying for those with no will to try.
Try telling the millions of eBay sellers that it’s impossible to make money online. Many of these people are making a good part-time and even full-time living on eBay alone. Then there are millions of other web merchants selling any number of products of services online from their own websites and blogs.
My own experience has found both easy and hard ways to make money online.
I believe eBay is the easiest and fastest way to make money online - not the “best” way however, just the easiest. Take a photo, make a listing and upload the photo and in a few days to a week, more times than not an easy sale is made. Oh I have found some items that did not sell so well and others that sold extremely well. Finding products to sell is the hard part.
Specializing has worked well for me. I have a few selling accounts that specialize on different niches. I sell both high and low ticket items and I always make more money with the high ticket items, yet for some reason I also continue to sell low-priced items too. … Hmmm maybe I need to re-evaluate that one and focus on my more profitable items.
Selling info products such as ebooks and reports is probably the most touted way to make money online by perhaps the majority of the marketing gurus. There is definitely a hurdle here for the newbie at Internet selling, but it’s a small hurdle. There are so many reports and ebooks on how to sell reports and ebooks it would make your head spin to see the long list of them.
If you can’t write your own info product, there are many ghostwriters just waiting to write one for you on the cheap. Then there are private label rights where you can resell a book or report written by someone else and keep all the profit. Sometimes you can even brand it as your own if you have master rights to it.
The market is flooded with reports and eboooks, especially on the topic Internet Marketing. If I did not absolutelty love it, I would not write about this market. However I do write on other niche topics that also do real well for me (sorry not divulging at this point, I like un-saturated markets).
Promoting affiliate programs is extremely easy. I make a decent amount each month recommending other peoples products. It is a little more work than eBay because you have to develop a list and market your website more. Some clever people do well by promoting affiliate programs through article writing or videos.
The most sound method of making money online is to focus on a topic you like and par it down into a tight little niche whether you sell physical products, info products or promote affiliate programs.
Last I want to mention selling a service. Can you write? Design websites? Write scripts? Proofread? Graphic Design? These are just some of the services people need that turn to the web to find someone to do it for them.
Go to Elance.com where people post what services they need and start replying to them. Build-up your references, do good work. The more good references you have the more you will be able to get for your services.
I used to design websites for other people which was very easy money for me, now there are others that can do it much faster and better than me as I have focused on selling products online over the past few years.
One thing is for certain; you won’t make money online without taking action. So get off your duff and take action. Take one step at a time and I guarantee you can make money online too.
