Thursday, February 5, 2009

Make Money Online by Sharing Business Ideas

(My Original Blog Post: -*http://www.wealthyways4you.com/online-business/make-money-online-by-sharing-business-ideas)
by Nicole Dean


The economic situation in the world is quite tough right now. Although it could be tempting to get stressed by financial troubles like most people, there is a different way you can look at it. You can look at it as an opportunity.

How could this economy be an opportunity? Because of how many layoffs and downsizings there are right now, there are a lot of people who're looking for different ways to make some money online. More importantly, they're looking to learn how to do it without spending a lot of money. Since learning to make money online is becoming such a huge market, you can easily turn this into a money making opportunity yourself. You can help others make money online while you yourself make money helping them learn.

Here are several approaches you can take to do that

Create an Online Community or Blog

A great way to make some extra money online is to create a blog, online community or website for people who want to find ways to make money online. Because you're tapping into a market that's actively looking for business ideas, you'll be tapping into a market that's very hungry for information.

It's easy to make money by providing a range of business ideas, especially the ones that can be started on a shoestring budget. You can also add a community aspect to your website by allowing your visitors to discuss business ideas on a forum or blog comments section.

Another way you could make money by sharing business ideas is to

Create a Your Own Information Product

Hundreds of thousands of dollars are made every day from people selling eBooks and downloadable audios online. One of the most popular types of eBooks is those about business ideas. Although it can be tough to promote an eBook in a popular market like "How to Start a Restaurant," it's very easy to create an eBook in a smaller market and dominate it.

It takes a bit of work upfront to create an eBook. First you need to brainstorm a good idea to write about. Once you have your idea, the next step is to spend time writing your eBook or recording an audio eBook. After your product is complete, then you can make a website or blog that's designed to persuade your visitor to buy.

Of course, you'll need to provide ongoing customer support for your products and continually promote (market) your website to generate sales.

The great thing about the online format is that you don't have to ship anything or print anything. Everything is easily downloaded to your buyer's computer.

However, if that sounds like a lot of work, an easier alternative is to

Sell Business Idea Products Through Affiliate Programs

If you'd rather not create your own product, you can make a lot of money selling someone else's product instead. Most of the best-selling "How to start a business" websites (including the one mentioned at the end of this article) offer a referral program. Depending on which free program you sign up for, you can get paid as much as 50% of all sales that you refer. (Send a customer to the website and you get 1/2 of the sale price.)

What's amazing about these programs is that you can still make a ton of money without creating your own product, worry about customer service or fulfilling orders. The only thing you need to do is send their website customers with a special referral link. If you're someone who likes to tell friends about new stores, products or online finds, then you might find that this is an amazing way to make some money for you.

About the Author:


No comments:

Post a Comment