Living The Laptop Lifestyle

Sell Your Own Products Or Services

Coming in at number 2 for the best legit ways to make money online is by selling your own products or services. So many people have skills or they can make something that other people want. For example, my sister is phenomenal at making specialty cakes. Not just regular cakes, but they actually have almost a whole scene on them with different people and houses or whatever you want, she can make it. She could either sell training programs or she can sell cakes themselves. People can request cakes and go on her website and request certain things. Not only can she do this for people and make money at it, but she’s making a living doing something she really likes. It’s turning a hobby into a career.

You can promote your own business or skills on social media, on your own website, on forums, with YouTube videos, and even with super-targeted pay-per-action advertising. What I mean by pay-per-action advertising is, when you advertise on the internet, you can usually target it to a point where you only pay if somebody clicks into your website or even if they make a purchase. As an affiliate marketer, most of my clients only have to pay me if I drive a sale to them. You can leverage that.

With the internet, you can reach a global or a local audience. There has never been a better time to start your own offline business, by promoting it online. Every offline business should be online, either with their own website or through social media. Preferably through a bunch of different methods. Online can really lead to a huge spike in sales.

 Ebay

Coming in at #7 on my list of ways to make money online is Ebay. I still find that Ebay is one of hte best ways to make money online by selling physical products. There’s a few different ways you can do this. You can:

    Sell your own stuff – We all seem to accumulate junk over time that you can sell on Ebay.

    Garage sale hunting – You can go garage sale hunting and this can be a lot of fun. This can actually help you make money with a hobby. I find this to be a lot of fun. One of the best things I find at garage sales are antiques and antique clothing. A lot of times people don’t realize when something is valuable. So, garage sale hunting is a great way to earn some extra money on Ebay.

    Purchase items in bulk and resell them for profit – An example of this is purchasing a bulk order of car chargers for a newly released cell phone. You can usually find a bulk manufacturer in places like China or some other asian countries. You can buy them by the hundreds or thousands and basically pay under $1 for each one, then resell them on Ebay for several dollars. You can still keep it cheap, maybe $5 for an iPhone charger, and if you only paid a dollar for that you’re making a $4 profit.

With that said, I find Ebay is better for supplemental income instead of a full-time income. But you CAN grow a full-time business on Ebay if you choose to. I simply prefer other ways to make money online. I don’t like to rely on Ebay or any single company to grow my business, so I tend to use Ebay for things that I find to be fun like garage sales. It’s not something I like to earn a full-time income from, but others do choose to grow an entire business centered around Ebay. If it’s really something you enjoy, you could do the same.

 Multi-Level Marketing (MLM)

Coming in at #6 is Multi-Level Marketing, also called MLM. This is one of the better known ways to make money online because it is promoted to death. This is a great option for those who want to grow and develop a sales team. Basically, the way MLM works, is you promote one product, but then you also build a team of people under you. A lot of people don’t like MLM, myself included, because it sort of mimics a pyramid scheme. If you’re not at the top of that pyramid, you’re not going to make a lot of money. But if you do get to the top of the pyramid, you will earn an income based on sales that everyone below you is making. This can really give you a good passive income stream.

So, you need to focus on, when you first get started, is growing a team to be under you, and then having those people also build a team under them. Everybody who is under you, you’ll earn some profits on. If you’re a “team player” this can be one of the best ways to make money online.

There’s a high probability of passive income if you get to the top of the pyramid on these MLM networks. Multi-Level Marketing does take some time, so this is more of a marathon rather than a sprint. It takes some time to build a good sales team. So as long as you’re willing to start at the bottom and work your way up over time, Multi-Level Marketing can be a great way to earn an income online.

Leveraging The Kindle Store

The Kindle StoreA lot of people don’t realize this, but anyone can sell an ebook on the Amazon Kindle Store and elsewhere. It’s one of the single best ways to make money online and earn a residual income. There are many places you can sell an ebook online, but the Amazon Kindle Store is by far the most popular and it doesn’t look like that will change anytime soon.

With an ebook, there is no need for publishers, editors, printing companies, etc. So, you basically just write the book, you edit yourself and overhead is extremely low. You do have to share a small portion of your revenue with Amazon when you sell a copy of your book, But you’re not paying anybody up front. The only time you have to pay Amazon is if you make a sale.

Now, don’t just write one book and expect to earn a full-time income from that. What you want to do is write a series of books and start to gain a following. Whether you’re writing fiction or non-fiction, really try to keep everything within’ the same niche and within’ the same industry. Once you do that, you can start getting a following of people who are highly targeted and every time you come out with a new book, they’ll be ready to download it immediately. That can take some time, but gaining a following is the best way to grow a legitimate long-term and sustainable business.

The beauty about writing an ebook is, once it is written, your book can earn you revenue month after month and for YEARS. So, basically, you earn an income passively. While you’re sleeping, people can be purchasing your book. So if you’re looking for one of the best ways to make money online through passive means, this is a great option.

Also, you can start with whatever time you have available now. So, if you have a full-time job right now, you can spend maybe an hour per day or so writing a book, then publish that whenever you can. There are no time commitments here – you can do everything at your own pace.

Affiliate Marketing

As you might guess, I think the #1 way to make money online is affiliate marketing. This is my all-time favorite method to make money online. You can make money selling ohter peoples products and services. In other words, you don’t have to deal with any customer service, you don’t ahve tod eal with storing any products, you don’t have to deal with any payment processing, and you don’t even ahve to hire any employees. Just create a website, get out htere on social media, start to advertise a little bit, and you will earn commissions on selling other peoples products.

There is extremely low overhead with affiliate marketing and you have none of the stress that comes with selling your own products and services. So, I love affiliate marketing.