Many people don’t realize that they don’t need to create the next Google or Facebook to make money with an online business. Huge online businesses like Amazon, Twitter, ClickBank and the rest make billions of dollars every year – but that doesn’t mean there is no money left for the rest of us. There are thousands of online business systems that can help average Joes to set up profitable online businesses and start earning an income.
Many of those who struck it rich online started with a crazy idea and cool busines names just ran with it. There was one man who made a million dollars by setting up a webpage consisting of exactly one million pixels and selling them for a dollar each. And people actually bought into that!! That just shows how easy it is to make money as long as you have something you can offer the public, whether it is an actual service or product or just the novelty of owning a single pixel on a webpage!
However, you don’t have to completely reinvent the wheel and come up with some outlandish idea to make money online. There are many tried and tested online business systems that you can avail of if you want to start making extra income or if you would like to just become your own boss and not have to depend on your monthly paycheck which may or may not be enough to cover your financial needs.
Here are some of the most popular online business systems that you might want to consider trying –
– Creating and selling your own product or products on a website
Creating your own products is not that difficult if you have creative talent or even just good research and writing skills. You could make a physical product that people would order off of your website, or you can even write an e-book that you can sell online. The important thing that you need, aside from the ability to create a sell-able product, is the ability to market the products. You should do your research on online marketing, or if necessary, have someone do the marketing for you.
– Earning money by blogging and Google AdSense
This is one of the easiest online business systems. With this system, you only need to be able to write moderately well and create and maintain a blog with valuable information or content. You can set up your blog with a free blog hosting service or pay to get a more customizable platform for your blog. Once you do this, you can sign up for Google AdSense. They will place relevant ads on your site and you will get paid every time someone visits your blog and clicks on the ads.
– Renting out advertising space on your blog
This is almost like the Google AdSense online business system, except you rent out banner and advertisement space directly to the companies. They may pay you for each click their ads get, or just pay a set price for the amount of time they want their ads to appear on your blog.
– Affiliate marketing
This is also like the other two ad based online business systems, except in this case, you are advertising your own links! Affiliate marketing is where you advertise and promote other people’s products or services and you receive a commission whenever someone buys those products or services through your unique affiliate link. This a great way to utilize ad space if you have a successful blog, because most affiliate programs have the potential to bring in more profit than you could make by selling that ad space to Google or other companies.
– Create a subscription based members only forum on topics that people are
In order to pull this one off, you will need to be an expert in a certain field and be willing to devote as much as 14 hours a day to moderate and manage your forum. However, if you start a forum on a topic that people are interested in, but about which there is very little valuable information available online, you could potentially make a lot of money on the fee that people would be willing to pay to be members and benefit from the information provided by the forum.
These are just a few of the potentially very profitable online business systems that have been used again and again with much success. You can try them for yourself, or use these ideas to come up with your own unique business system. And who knows – your crazy business idea may be the beginning of a new Google or Amazon!