Nine ways to make money online - Part 2

I mentioned in my last post that I will be giving more details on the nine ways to make money online. In this post i will touch on the first three.

1. Set up a Blog or Website for Profit
One of the best ways to make money online is to create a website or blog which allows you to earn money from the display of advertisements or the sale of products and services.

There are many different types of money making blogs which will help you to make money and you’ll need to pick a model that suits your interests, schedule and skill levels. A simple no frills blog will allow you to easily pull in at least several hundred dollars in a month through the use of paid blogging websites alone.
For more information, how to create a blog read click here. Apart from blogs, other websites can easily help you to generate passive income as well. These can range from e-commerce websites, social communities and information portals to basic landing pages for affiliate programs.

2. Learn about Affiliate Marketing and The Art of Selling
This involves promoting a specific product or service and earning commissions whenever the referred user makes a purchase based on your recommendations.

Affiliate marketing is a big and profitable industry that covers a wide spectrum of topics and fields. If you’ve got an interest in fitness, you can make money promoting fitness videos or courses. In terms of fashion wear, you can earn commissions by recommending friends to clothing or t-shirt companies with affiliate programs.

The amount of money you make depends on what you are selling. Done correctly, affiliate marketing is one of the most powerful ways to make money from the web. Amazon, Commission Junction and ClickBank are three of the biggest affiliate marketplaces you can use if you’re branching out into affiliate marketing. I have registered with Amazon and Click Bank at the moment, I will update you latter on how they work

3. Start an Online Business
Starting your own online business or company allows you to make money off the provision of specific services or products you may have. Some examples of popular online trades include web design, copywriting and internet marketing.

It isn’t difficult to start a business. It’s all about hiring the right people or having enough knowledge and connections within a specific industry. You should do some in depth research before you decide to settle on a specific niche for your business. Entrepreneur.com has a good collection of tips on how to start an online business.

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