Best Ways To Make Money Online

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  • Author Coco Lee
  • Published December 7, 2011
  • Word count 420

There are dozens of ways on how to make money online. This does not mean though that every single one of these are appropriate to the skills, the services, or the products you are planning to market. With that said, it is best that you focus your time and efforts on just a few of these money making strategies. Find the ones that complement well the kind of skills and knowledge that you possess then stick to them. Below is a short list of the best ways on how to make money online. It is recommended that you start your online journey with any of them.

  1. Affiliate Marketing. For a lot of internet marketers, this is one of the biggest money makers. The premise behind it is pretty straightforward – you sign up with an affiliate company, you promote the company's products or services, and when you are able to make a successful sale, you will be paid a commission. Affiliate commissions can range from a few cents to several hundred dollars. It all depends on the commission rate, the selling price of the product, and the nature of the affiliate company. There are numerous affiliate companies out there. All you have to do is choose one.

  2. Direct Selling. This is the strategy you can use if you have your own product or service. Let's say you have written a novel or a book. You can directly sell this online as a downloadable ebook. You can use a blog, a website, or an online retail store as your selling platform. The beauty of this is that you have the option to tap into a global market.

  3. Freelancing. You can sell your skills online as a freelancer. Whatever talent you have, there is a market for it online. The most in demand freelancers online include writers, search marketers, web designers, social media consultants, internet marketers, and graphic designers.

  4. Blogging. Millions of bloggers earn crazy amounts of money from their blogs alone. You can too if you do it the right way. Pick an uncompetitive niche and dominate that niche. This is the most effective way to make your mark in the blogosphere.

  5. Network Marketing. This may be the hardest online business to try but it is very lucrative if you are able to make it through. To be successful in network marketing, you must have excellent internet marketing skills.

These strategies on how to make money online are the most common for the single reason that more people find success in them.

Coco Lee has been doing internet marketing for the last 3 years.

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