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11 Awesome Online Money Making Methods


9. Set up an eStore

Ebay Power Selling

Some eBay Power Sellers make over a million dollars a year selling products through eBay. If you make your ad stand out there is a good chance that you can get people to buy what you sell. The more you can outsource, the better.  If you can arrange for a company to handle the shipping of the products you sell you can run your entire business from your computer, on auto-pilot. The trick to this is to find products to sell at a discounted price so that you can turn a healthy profit.


Zazzle

Zazzle is a cool site that allows you to create your own designs for t-shirts, mugs, and more.customize-your-own-zazzle Although Zazzle offers a cool interface for customizing products, the comission it offers you for selling them is quite small. If you outsource a production of your products your cost per unit would be much smaller than if you ordered through Zazzle. If you outsource production you will also have to manage the shipping of your product.

10. Google Adsense

Adsense is near the end of this list for a reason.  I had AdSense installed on my Facebookgoogle-adsenseTips blog for about 50,000 unique visitors.  Desite this traffic I made less than $20 with AdSense.

If your site has hundreds of thousands of monthly visitors congrats, you are now one of the few websites who can make a decent income with AdSense.

11. Domains

Domains are a solid investment if you can find businesses interested in purchasing premium domains from you.

I buy all of my domains from Godaddy, since I host several sites with them already.godaddy

You can probably find a cheaper domain elsewhere on the web.  I know namecheap offers domains from $2.99 a year!

Check out what some of the Premium Domain prices are like on GoDaddy.  Typically they sell for $2,000-$5,000!!

Even if you only sell a domain for $1,000, or even less, you will still be enjoying a healthy profit.

Old domains rank better than new domains in Google so if you buy a good domain and hold on to it, it will rank more easily in Google than all domains that come after it!

Honourable Mention

Fiverr

Fiverr is a website that allows you to buy and sell services for $5.  Although you won’t get rich selling services on fiverr if you offer an Innovative Marketing service, or any service that people will buy and that does not take you much time to complete you could make some decent coin by selling it many times.

Feedback

What is your experience with making money online? Let us know with a comment below!

By Garin Kilpatrick, Contributing Blogger
From http://garinkilpatrick.com
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