Seven Hot, Proven Ways To Make Massive Profits On The Internet
[By: Bill N]
1. Internet auctions.
Internet auctions, of course, are something you’ve probably heard about. Maybe you’ve been doing a little bit of Internet auctioning yourself! The first to start it out was E-bay, and now there are literally thousands of Internet auction sites. You can make a fortune by selling your products on these Internet auction sites, or by using the Internet auctions to fuel sales of other products that you have.
In fact, a couple from Wyoming (just a couple of average people) recently made over $600,000 in one year on E-bay alone. And that is just one of the Internet auction sites!
It is easy to get started. All you have to do is visit an auction site like Ebay. com, start looking around, and see how it is done and learn the system. Start by selling some stuff that you might normally throw in a garage sale. Internet auctions can be a tremendous way to make money on the Internet.
2. Selling Information.
The second is selling information. Just about everybody that is surfing around the Internet is looking for information. That’s a huge reason as to why people go in the Internet in the first place - to find information on a variety of topics - and information selling is one of the hottest ways you can get super rich in regular mail order or on the Internet.
You can sell information on a variety of topics ranging from health information to wealth information, and everywhere in between. All kinds of information is being packaged and sold on the Internet for huge profits.
Even if you don’t want to create and develop your own informational products, there are a lot of companies that you can find either on the Internet or off the Internet who offer reprint rights packages for reports or information products that are already written and that are high in demand. You can purchase the rights to CD-ROM’s that contain reports and books you can reprint. There are a lot of ways to get information that you can turn around and sell on the Internet.
3. Selling Advertising.
The third way is selling advertising. There are a lot of web sites that make money on the Internet only by selling advertising. They have no products that they have to ship or deliver. All they do is provide free content to the thousands or, in some cases, millions of people who visit their web site every day, week and month.
Just look at Yahoo.com. They have no product. All they do is list hundreds of thousands (maybe even millions) of places on the Internet that you can go to. They get thousands and thousands of visitors every single day (probably millions of visitors every day). And last I knew they were actually charging $88,000 for a tiny little banner ad on their home page. Eighty-eight thousand dollars!
They make money without having to ship any products. All they do is get people who are willing to fork over $88,000. I’m sure they have other advertising options, but that’s just for one small ad on their home page. That, I believe, was for a two week ad at the time that I saw that figure. $88,000 to run an a small banner ad for two weeks! You can imagine what kind of companies can afford that! It would certainly not be you or me, in most cases!
They make money selling advertising, and you can do the same thing. The main thing you need to do is set up a web site that delivers free content so you can get thousands and thousands of visitors.
Once you have lots of visitors coming to your web site every day, you can begin making an automatic income every single month just by selling advertising and getting that income coming in every month from people who want to keep advertising to your customers. The key is to offer something that gets traffic to your web site!
4. Affiliate programs and joint ventures.
The fourth way is affiliate programs and joint ventures. The best part about affiliate programs and joint ventures is that you don’t even have to have products yourself. An affiliate program is simply a distributorship.
Think of a simple distributorship on the Internet that someone else has established to let you help them sell their products. You put in a banner. In most cases, you place an affiliate banner on your web site, and then you direct your traffic to their site. Then they pay you a commission on every sale that is made to your customer.
There are many affiliate programs on the Internet that are free to join. So, if you have a web site that is already delivering content, you can put any of these affiliate programs that are related to your particular products that you’re selling or your web site, and you can direct traffic to these other sites and they’ll pay you a commission.
Joint ventures are a little different. A joint venture is simply where you arrange to work a deal with another company. Maybe you e-mail your offer to their opt-in list or they e-mail their offer to your list of customers.
If you’ve got a hot e-mail list of customers and you see a product being offered that you know that your customers would love, all you have to do is arrange a deal so that you e-mail that offer to your list as a recommendation. When you e-mail your customers you say, “Hey, I saw this great offer and I thought you might be interested to take a look at this.” Then, of course, you split the profits with the company that is selling that product.
These kinds of deals are done every day on the Internet and they are very profitable. You can make money, too, just by searching out other companies that have products that your customers might enjoy or vice versa.
5. Auto-responders.
An auto-responder is simply a device that automatically responds when a person sends you an e-mail.
For example, if you ran an ad that said, “To get this valuable free report, simply send an e-mail to (your e-mail address),” and in the subject line they would write, “Free Report,” then, when they send that e-mail, the auto-responder software knows and recognizes that subject line as “free report” and automatically responds by delivering the free report to your customer.
It is all done instantly! So, auto-responders are a great way to make money on the Internet.
6. Specialty markets.
The sixth way is specialty markets. This is a billion dollar industry, and one that can put loads of cash into your pocket.
Everything is becoming more specialized. We used to have Life Magazine - a magazine just called, “LIFE” and in fact, I think I read that they are just now finally taking it out of circulation altogether. I think they were just doing special issues every once in a while. It was broad in topic... “LIFE” could cover lots of things!
Now you’ve got hundreds and hundreds of magazines that will replace those general magazines that cater to specific, tiny niche markets.
The same thing is true on the Internet. People are desperately searching for specialized information that they want or need. If you can come up with a product or service that fills the wants and needs of that specialty market, whatever it may be, you can make huge amounts of cash on the Internet by thinking smaller, not bigger.
7. Memberships.
One of the great things about memberships is that they can earn you an ongoing commission every single time your members renew. You could have an annual, monthly, or even weekly membership cycle. All you have to do is sell enough memberships over a period of time, then you can live off the automatic income that they membership fees are bringing you.
That’s the nice thing about monthly memberships. Let’s say you charge $20.00 a month for a specific money-making club that you started. If you get 1,000 members, that would be $20,000 a month in automatic membership fees.
These people know they are being billed every month, they expect it, they don’t mind, and you don’t have to send them an offer that re-sells them and convinces them to fork over another $20.00. It is an automatic income that comes every month.
Assuming you are providing a valuable service through that membership, those customers that are members will be glad to keep paying you their membership fees every single month, and you can make huge commissions.
There’s “Seven Of The Hottest Ways To Get Rich On The Internet.” This was a brief synopsis of each, because I felt it was important for you to have them.
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