The 4 main money-making internet business strategies.

1. eBay and other auction sites

Using eBay is a great way to start making money online. You can go ahead and sell things from around your house today. eBay is the most popular auction website but don’t discount the other auction websites yet. Some other auction site may offer less competition but just as many bids on a certain item that you’re selling. Be careful with other ‘lesser-known’ auction sites and do your research about their history and credibility. If you’re just starting out, I definitely recommend eBay as a great starting point.

2. Dropshipping and Product Fulfillment

Dropshipping is a great way to sell on eBay. Especially if you go ahead and do the extra work to find suppliers that other eBay auction sellers aren’t using. Notably, you can use www.Doba.com as a dropshipping resource company. Other dropshipping companies include www.wholesalematch.com and www.worldwidebrands.com which are wholesale and dropshipping directories. Other than eBay, you can setup an ecommerce store such as OSCommerce to sell your products from your own website.

3. Information Products

Information products such as ebooks are a great way to earn revenue online. If you know a lot about a certain category such as “car parts” then you could create an ebook about “how to find car part suppliers online” There will be some research involved with this type of product but the advantages of selling an information product outweigh the time and research involved in creating this type of product. Also, under this same category are downloadable audio and video products.

Advantages include:

1. Sell through your website any time of the day or night.
2. Automated Process of Digital products and downloadable products.
3. Low Overhead. Very low cost to create this type of product.
4. Sell your product over and over again.

Find a niche market, setup a blog with Wordpress.com and start writing about everything you know about that niche market. When you have enough content, use that same content and create an ebook about that specific topic. Blogs are a great way to start promoting yourself as a knowledgeable person in your niche market.

4. Affiliate Marketing

Affiliate marketing is a method that companies use to promote their services or products and spread the word about their company. Notable companies that have affiliate programs are www.ebay.com, www.yahoo.com, www.apple.com/store, Apple iTunes and many more. You can find these companies and others like them at affiliate networks such as www.cj.com, www.linkshare.com, and share-a-sale.com. Sign up with these affiliate networks and find companies to promote their products for them. They will reward you if someone that you refer makes a purchase of their product. Use you blog to promote these affiliate links.