Wednesday, January 20, 2010

Discover 3 Ways to Make Money Working Online

I was getting less hours at my part time job and I decided I needed to find a way to make some extra money. So I did some research and found 3 ways to make money working online.

1. Become an Affiliate

This is probably one of the quickest ways to make money working online. The reason this is one of the fastest and easiest ways to get started is because you don't need to spend time creating your own products, providing customer support, or even have your own website.

All you need to do is spend a little time finding quality products that generally offer a solution to a problem that people will gladly pay money to get help solving. You can then sign up for the sellers affiliate program to start promoting the product.

Most affiliate programs offer 50% commission or more and they usually offer you helpful promotional tools making it easier for you to get sales and earn your commissions.

2. Creating your own product

Another way to start your own business and make money working online is to create your own product to sell. You can do this by creating an ebook, short report, interview, video, training series etc. As long as you make sure your product offers a solutions to a problem that people need help solving, the way you deliver that content is only as limited as your imagination.

If this is your first time creating an informational product then the best place to start is by creating an audio interview or video course. Ebooks are much more time consuming which is why I recommend starting with something easier that wont take as much time to create. The advantages to creating your own product includes: keeping all the profits from the sales and also having a great asset which you can leverage in the future to create more profits.

Plus you can end up creating your own affiliate program and have lots of affiliates doing the promotion for you and you end up with even more profits instead of being an affiliate for someone else.

3. Create a Membership site

This is a really great option for people looking for ways to make money working online. One of the best things about membership sites is you can create residual income. When people join your membership site they pay a monthly fee and so you only need to get them to join 1 time but you keep getting a payment for each month they remain a member on your site.

There is also the possibility of creating a membership site with different membership levels where you can offer more and charge more. Also a membership site doesn't have to provide new content being constantly updated or learning of any kind(though most membership sites do). It could be a pay forum where members gather to network with each other and learn from each other while paying a small fee to be part of site.

If you want to get started building your own business then these are the best ways I know to make money working online.

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