Making Money online can be one of the most rewarding, profitable and fun businesses to be in. But it can also be the most challenging, frustrating and money draining enterprises as well.  Here is my take on the money making

opportunities that are offered online today.

To succeed in an online business you need to have the right information and make an  informed decision before buying.  there are number of  different ways to make money and most, approx 90% in fact, is made from one of the following four.

1. Affiliate Marketing.

This is where you make a commission on the sale of someone else’s product that you do the marketing for.  Sometimes you’ll need a website or a lead capture page but sometimes you don’t.  You can find Affiliate products in a number of different places, probably the most popular is Clickbank.

2. Information Products.

The good news here is that you get to keep 100% of the money from each sale.  You can produce your own products or you can outsource and have someone produce the product for you (Elance.com is useful for this) if you don’t like writing.  You can buy Information products that have MRS(master resale right) so you sell someone Else’s product and can grant the same rights to your customers, or PLR’s (private label rights) where you can make some changes and put your own spin on the information contained inside and make it your own

3. Business opportunities.

Usually a  High Ticket product, this has the most appeal when it comes to wanting to make a lot of money online.

You earn by making a percentage from the sale of the opportunity to someone that you recruit into your team (downline), and you also make a percentage when they recruit people into there’s, creating leverage, by making money from work you didn’t do, hence the appeal. Now this can be hundreds or even thousands of dollars, so you don’t need to sell many to be really in the money.

These opportunities are usually home based online businesses, and are the ones with the flashy websites and back offices, and they attract lots of interest.  These businesses usually fall into 3 categories:

a. Information businesses.

b. Coaching and training

c. Travel

They are very lucrative and very sort after.

4. MLM/Network Marketing.

Here you make a small percentage from the front sale and a smaller percentage from your downline, which is why you need to have a huge downline of people to make a lot of money. On the downside, there is a huge drop out rate so you need to be continually recruiting to sustain you income. You also need to have a quality product or it will fail. The sorts of products we are talking about are vitamins, juices etc.

So here’s the secret to making money online:

Find a niche market that wants your product — build a list of subscribers — develop a relationship with that list — sell what they want

This is not rocket science, and using any of the four methods described will make you money.

Now for the bad news…. most will fail!!

and why… because of bad information, the lack of help and support, a poor marketing system, they don’t do whats needed to succeed or they just give up.

Lots of people have very high expectations about their income in the first month, but the truth of the matter is that 10-20k is unrealistic and you had better change you outlook.  Unfortunately lots of products are sold around this potential income premise. Please don’t be sucked in.

Watch out for things that promise full automation (there’s no such thing!) and the pre-launch offer most don’t make it to the launch date, and chain letters, you know the one, send 10 dollars then send this to everyone you know who will send you 10 dollars blah,blah,blah. Just beware of the scams, if it looks to good to be true it often is.

So whats the REAL TRUTH about how you make money online?

ALL real money is being made from MARKETING and personal positioning. Its not important what you market its HOW you market. Period!

So take care,  join the with right people, and a successful online business can be yours.