The second main way of making money online is to start to sell your own product. Well, that’s all very well, but what if you don’t have a product to sell?
If you are new to the online world, there is a real temptation here to assume that you need some kind of world-beating physical product. That you need, in some way, to become the next big inventor that makes money from solving a problem that has troubled mankind since the dawn of time.
That is certainly one way to go, but if you are going to get started with this fairly quickly, you probably need to give up that idea and start looking at the world of digital products. The beauty of going digital is the speed of creation and the ease of delivery for your new product and there are several ways that you can get to market with this approach.
By far the most common is the ebook. If you have started looking at internet marketing then you have been exposed by now to countless ebooks on many different areas of this business but it is completely possible to take this approach in other walks of life.
Obviously this is a subject in its own right and I will go into more detail about how you get your ideas into your creation in another post (or maybe even an ebook 🙂 )
Once you have started thinking about digital products, you could branch out into audio or even video and in some ways these are more highly regarded than even ebooks in their potential. Everyone has different ways of learning, but a good video walkthrough can often help to clarify subjects for anyone watching them. I posted a quick youtube video in an earlier post to show you just how easy it is to get started.
The beauty of all this, is that you don’t even need to have your own subject matter in some cases. Check out the world of PLR (or, Private Label Rights) to see how you could use someone else’s material, possibly in ebook form, and legally add your own name or rework it into audio or video to form your own product.
Once you have your product, you can obviously sell it direct from your own site (maybe controlling this through one of the integrated shopping basket services that exist) or you could opt to make it available through a service such as Clickbank, which, for a fee, will handle all the aspects of payment collection for you. It will also look after your affiliate programs where others will sell your product for you, for a share of the profits.
As always, if you want more details or if you have any comments on this subject, let me know below and use the buttons to bookmark this page. If you have found this page from somewhere else, follow the link for the rest of the articles on the subject of making money online.