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It takes time and planning to build and grow your own money-making business on the Internet. But if you want to make money online in a hurry, there are ways you can start padding your wallet quickly -- and you don't even need a product of your own to sell.
You can make money online by...
Selling and shipping products while someone else does all the work. In the Internet world, this is known as drop shipping. And it's a great way to sell physical products without having to stock, ship, or fulfill orders. Instead, you hire a drop-shipping company to do that for you, so you can concentrate on marketing your website.
The downside is that you have to pay a percentage of your profits to the drop-shipping company. But if you have your heart set on selling a physical product, or don't have the time or money to develop your own, this is a good option.
Recommending products. When you become an affiliate for someone else's company, you can start earning commissions very quickly just for referring visitors to their website. Again, there's no need to stock products or fulfill orders.
You will have to be prepared to do some pretty hefty promoting if you want to create a money-making business primarily as an affiliate. But it's definitely the fastest way to start earning an Internet income.
Getting the right to sell other people's products. A third way to make money online in record time without developing your own product is to buy the reprint or resell rights to someone else's product. When you purchase the rights to an established product, you get (depending on the kind of rights you purchase) permission to sell someone else's product for them and keep a percentage of the sale. Or the right to buy someone's product outright and resell it, keeping the entire proceeds of the sale. And in the best-case scenario, you can even purchase the right to sell the purchasing rights to other people!
You can find out how to get the rights for products like eBooks by approaching authors directly, or using a search engine to find out which rights would be best for you. This can be a very profitable way to make money online, but it does require an up-front investment.
These are all great ways to start your own money-making business on the Net... and you can even mix and match them to create an even bigger Internet income. Just keep in mind there are other Internet profit models that will allow you to keep even more of your profits if you're willing to put in the time and effort.
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