Saturday, April 18, 2009

Three Solid Money Making Ideas

By Dustin Heath


Have you been trying to find a way to make some extra money? If you are looking for solid money making ideas, you will find many different opportunities online. When the Internet was invented, it opened up a whole new world for business. There are now thousands and thousands of various online businesses and you can be part of it. The following are three solid money making ideas to get you started.


Network Marketing
Network marketing involves selling the services or products of a business for a commission. When choosing these types of money making ideas, you will want to consider a few things. First of all, what is their commission structure? One business may offer you a commission of ten percent, while another will offer twenty-five percent. You will also want to look at whether or not they have a commission structure for any recruits you bring into the business. Some businesses will have it structured to pay you commissions on anything your recruits sells, as well. Before you join any network marketing business, you will also want to research how long they have been in business and whether or not they are a reputable business. The mistake many make is getting involved with businesses that are scams.

Online Auctions
Of all the money making ideas you will find, online auctions is one that is doing very well. If you have a knack for picking out products that others will buy, this is one you want to get more information on. With an online auction, you can list the products you wish to sell and set a base price that must be reached before it can sell. In other words, if you have a ring you want to sell for at least $10, set the base price for this amount and then the bidding can start. You may be surprised at how much certain items will sell for online. Once you get started, you may soon find yourself purchasing products at wholesale prices to list on your online auctions. Money making ideas such as this are a great way to get started.

Freelance Writing
If you have writing skills that are above average, you can use them to earn an income. Money making ideas like this one do take a lot of time and patience, but you will be able to make a lot of money if you have the right skills. There are many different article directories online where you can submit your articles. Some will pay you by a method known as pay-per-click. In other words, if someone opens your article page and clicks on one of the ads, you earn money. Others will pay you by pay-per-view. If someone opens your article page, you earn money. If you do not like these methods of payments, you will find many sites where you can sell your articles outright. Ghostwriting articles is also another strategy for selling your writing. Many people are willing to pay a lot of money for articles they can put their own name on.

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