Five Internet Business Opportunities
There are always internet business opportunities that you
can buy into. Most are either cheap prepackaged websites that
you can buy for a few hundred dollars or fully developed websites
that can costs tens of thousands of dollars. The problem with
the "cheapies" is that they are just a site. I can
put a new website up in less than six hours, complete with a
dozen pages. But it won't necessarily produce any income at all.
Buying a developed site at least assures you that you'll have
money coming in from the start. But there is no guarantee that
it will keep coming in. In fact, it's possible that the seller
was paying for much of the traffic and not making a profit to
start with.
So with those two unexciting options out of the way, what
other internet business opportunities are there? Here are some
that will require some work on your part (real businesses actually
do require real work), but will not cost much to start.
Sell Things You Buy
You might think that you need some serious cash to get started
selling things online, but not necessarily. It costs you nothing
to open an account at Ebay. A bit of research about what things
sell for there and you could just spend a hundred dollars rummage
sale shopping for items you can triple your money on. Build the
business from your profits.
Sell Things You Don't Own
There are a number of companies that will drop ship items
for you. That means you sell them on your website and collect
the money, then forward the order and the wholesale price to
the manufacturer, and they ship it to your customer. You never
have to deal with packaging and shipping, and customers can even
send returns back to their address.
Writing Service
You can get paid to post on some blogs. Search "pay for
post" or "paid to post" in a search engine to
find those that are available now. I tried this once and was
paid $8 after I submitted a four-paragraph opinion piece that
took fifteen minutes to write and submit. I wouldn't bother again
for those wages, but it's nice to know what's available just
in case.
You also can bid on writing projects at sites like Elance.com.
If you go look right now, you'll see that some of the people
are making a decent living just writing for others. The problem
with this type of business is that you are limited in what you
make by how many hours you can work. that's why I prefer the
next internet business opportunity.
Informational Website Business
My wife and I make websites with great information on a variety
of topics. We promote them with my articles that I distribute
through article directories. The income is from advertising,
affiliate products and ebooks that I sell. What I like about
this model is that even though we work hard, when we stop working
to go visit family overseas for a few weeks, the money keeps
coming in day and night. For more about our business, read my
ebook, You Can make Money
Writing.
Buy and Sell Domain Names
There a couple different ways people make money buying and
selling domain names. They all start with buying decent names
- often ones that have expired and just become available. Some
people go for the more expensive names that they hope to sell
at auctions for thousands more than they paid. This can mean
a fair amount of speculation and holding some names for years.
Others buy decent expired names for the cost of registering
them ($10 or so), and then quickly auction them off on Ebay or
through other means. The idea here is to turn over a lot of names
for a profit of perhaps $20 to $200 each. If you do it right
you'll lose money on a few but average a decent profit overall.
One of the more interesting internet business opportunities
is to buy a domain and develop it for sale. You should have a
template and a formula that you follow for this. For example,
for each domain you buy you might put up a site with a dozen
pages, submit it to a few hundred search engines and directories
(there are services that do this for you for as little as $40).
Then you sell this "website" for a couple hundred dollars,
saving the buyer the trouble of starting from scratch.
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