How to Make Money on The Internet? (Part III)

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Method 7: Sell your Services and mint Money

The Internet has a market for everything. Even for your own services. If you think you are good at something, the Internet could be the best place for you to vend your skills. There are people looking for all kinds of services on the Internet.

The jobsites have made the Internet a closer marketplace than any other. People are looking for services, and providers of these services are looking for people who they can sell the services to. The correct collaboration could mean a lot of money to you.

Of course, it is understood that the kind of services that have a demand on the Internet are services that you can provide online. These are mostly services related to website building and marketing. The following services are much in demand:

-Content creation

-Blog management

-Search engine optimization

-Website creation

-Social networking services such as Craigslist postings

-Managing other virtual staff

-Proofreading and editing

If you feel you fit within any of these skills, you could make an amazing amount of money with them. Remember that the Internet allows you to reach out to a global level and you could liaise with people from all over the world to seek work. The following are some sites where you need to make an account quickly so that you start earning through this mode:

-GetAFreelancer 

-ScriptLance 

-Elance 

-Guru

-EUFreelance 

…and many others. You have to just get started with this and see the vast potential that lies therein. These are all bidding sites. You find a job that meets your preferences and then make your bid and give an estimated time of completion. If the project poster finds that to be all right, they will select you. You are paid through online routes.

The drawback here is that you have to spend time. You have to be at your desktop for all the time that you are generating money, which is a very different thing from other approaches such as affiliate marketing. You earn only as much as you work and there is no scope for residual income.

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Method 8: Network Marketing to generate a Waterfall of Income

The concept is too darned simple – you build a network of people and jointly you promote a product or service. At the same time, you try to bring more people into the network. For each person that joins the network, the upline members earn a commission. Direct sales bring in the money too, but the main commission is brought in through the commissions that the network building generates.

However, the implementation is not quite as simple. Building the network can be formidable to most people. Even so, there are many facilities you get so that you can build the network well. You get a website from the network marketing company that you join, you can attend physical seminars and webinars and you have access to a host of material, online and offline, where you can learn how to promote your network to the hilt.

You need to remember one thing – joining a network marketing opportunity could be a life-changing experience. You might begin seeing everything in a totally new light. But that’s the way you can earn all those six figure incomes a month.

Two of the most popular network marketing opportunities of the world, Amway  and Herbalife promote themselves on a global level. Joining such opportunities carries the great benefit of prevailing goodwill that you can cash upon. Also, they have their own training and orientation programs all over the world which can help you start out on the right foot.

The drawback here is that there are a lot of players in the network marketing (also called as multilevel marketing or simply MLM) world. A lot of them are scammers and these are the people who have given the industry a bad name.

You have to particularly beware of pyramid schemes in which people earn only through building a network but don’t have any product to sell. In most parts of the world, pyramid schemes are considered to be illegal and the people involved in such an activity could be prosecuted by the law.

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Method 9: How Net Auctions can bring in the Money

As the name suggests, net auctions are auctions that are conducted over the Internet. These auctions are places where you sell items to the highest bidder. It works just as a real auction. A product is showcased to the audience and its features and benefits are spelled out. Then a minimum bid is marked.

People who are desirous of laying their hands on this product are supposed to bid at an amount higher than this minimum bid. The auction then sells over the product to the highest bidder when the bidding time is over.

You could very well become a member of an auction site and buy and sell products for a profit. The profit comes in as the bidders will bid for sums higher than what you bought the product for. Here you need to have a discerning eye. If you are discerning about the product you purchase, you will have bought a product that has a good selling potential, which means you will be able to turn it over for a good profit.

There are many online auction sites nowadays because this genre of home business has become really popular. eBay can be classified as one too.

Some other popular auction sites are:

-WeBidz 

-EBid 

-uBid 

-CQout 

-Shop Goodwill 

Note that some of these sites cater to particular niches of products or are available only in a particular geographical area. Do some research on the sites before you decide which of them you want to go ahead with.

The online auction sites are highly secure sites and they might need approval before allowing you to join as a member. But this is a good thing because you can be sure your interests won’t be compromised on the site too. The payment is usually prompt, but some might pay at the end of the month for the products sold, subtracting their cut from the sale.

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I wish you great wealth and much happiness. See you next time, make money and get rich my friends!

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