October 2nd, 2006
There are many articles published online with describing easy ways to become rich online. There are many information products (just check ClickBank and Amazon) on this topic.
Is it so easy? And is it true? Let’s see what opportunities a person has to make living online.
To begin with, I would like to refer you to some of my recent posts. Online business models is a good coverage of possible ways to earn online. Website types post is a detailed list for website publishers to make some cash online. In fact, my blog is nearly 100% dedicated to earning online with website publishing – you generate income with selling adv and products of affiliated partners.
Are there more ways to make some money online for an individual in addition to publishing websites? You can sell some products (information, software or tangible incl. drop shipping – e-commerce). But this type of activity still falls under making money with a website. E-commerce is not an easy way – you can hardly compete with big companies who sell much stuff online, you still can find a niche selling through eBay and website, but as my experience proves you can hardly make any good money with this. Probably, I am wrong.
What else? Read e-mails, take surveys, complete offers – all these sound like a waste of time to me. I do not doubt that you can earn something, but I also do not doubt that the efforts and time you invest would exceed your income many times.
Website development, design, and programming – that works if you have the required skills. But the arena is crowded with freelancers that drive prices down. Free templates, free CMS (content management systems) also cut the amount of this type of online work.
Blogging and content writing for others – possible. But not many opportunities.
SEO and internet marketing as a service – I will recommend not going this way. Just check with 1-2 projects if you can deliver results. It is next to impossible to manipulate search engines now (especially Google). And your potential customers would press you to deliver the promised results. You will be out of business in no time.
Data entry, transcription – there are open vacancies online (just check some popular freelance websites), but the number is limited.
Summary: Well, it looks like there are no many options for a person to make living online (I might miss a few, but most are mentioned). At least evident ways to make enough for living.
And do you feel like making some cash on the Internet yet? What can be done in this situation? Online income should be a supplemental source of money for you. Another option is to diversify your online activity – e-commerce, affiliate marketing, web site designing and developing, etc. Or you can partner with someone online. Your joint venture might be a good way to increase your chances to succeed.
One thing that will definitely help you with your online ventures – some great ideas. How can you make sure your ides are great? Test them.
[tags]make money, make money online, data entry, blogging, development, seo, internet marketing, affiliate marketing, make money online, home based job, earn your living online[/tags]