Wednesday, November 18, 2009

Can I make money online without building my own website?

From my experience, the best way to makes money online is through selling products or making your own website. Selling product isn't an easy task, you have to search and negotiate with local suppliers for a good price. Then you need capital to buy these products online and sell on the internet. It's a time consuming procedure and it doesn't guarantee that you would make any money from it. Of course you could do dropship, but the profit margin would be much lower than holding stock yourself. I'm not going deep into selling product online, instead I'm going to focus on building websites.

It's no surprise why most peoples prefer building website over selling online. Because it doesn't requires a lot of initial investment, you can even do it in the free way if you want. Once you launch your site, you just need to focus on writing contents for your site, there's very minimum maintenance needed. You don't have to answer customer question or deal with return orders. That's the best thing about building a website, if you do it right, the chances of making money online could be much more easier & profitable than selling online.

Don't ever think building a successful website is easy, I've seen a lot of success cases but a lot more failed to make any money online. It takes time & patience before you can see good money coming in, probably a year or two and of course it could be shorter or even longer.

I know it's hard for newcomer, I've been through this before. There's one way you can make money instantly if you are willing to invest good amount of money. I'm not talking about get rich quick scheme, MLM or buying eBooks. Trust me, those what called expert selling making money ebooks online are pretty much useless. Most of them are just a compilation of guides which you can easily find it online for free., there's no what they called secret in making money online. I've bought some and regret every time. So don't ever waste your money on these ebooks, you are just throwing away your hard earned money into the seller pockets.

Yes, the way to make money instantly is to buy an already money making website. You can find a lot of peoples selling it for a year of profit. But be very careful not to be scammed by the seller, make sure the information he gave is accurate and ask if you are confused. Never transfer money to the seller account before he transfer the site to you. You can request the seller to transfer the site first to be safe or use escrow service to do the transaction. It'd be safer for both party.

Be patient not to jump right into BIN (buy it now), do more research and make sure it's what it claims. If there isn't any good site for sell, check the selling forum everyday, some good one will definitely comes by. If you bought a stable source of income, you can easily make it back in a year and that's isn't long at all. After that, every cents you make is your money to keep and you can reinvest it back to different source of income. Another good thing about buying website is that you don't have to learn everything from ground up which takes a lot of time. Through the courses of maintaining a successful money making website will give you a lot of experiences. The website is your properties on the net and all the statistics are valuable information for your future venture.

Buying a website is probably the best way to make money online fast. The biggest profit site you buy the more you have to pay, if you can't afford to buy a large site, try something smaller that's well within your budget. For an established money making website to sell for just a year of profit, I think it's a good deal and investment. But if you sees something that are too good to be true, it's too good to be true.

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