Where to start making money online?

Are you looking to earn money? Do you want to work from home? Are you confused by all the online business programs that are available on the internet? Will it cost you money to start?

The Internet, as you may well know, is becoming the main source of information today. Every day more people buy information, services and products on the Internet.

There are two main ways to make money online: (1) you can create a website that sells products/services that you store and distribute or (2) sell other people’s products/services through a referral that you then you will receive a commission. sales and subscriptions.

The first method is generally known as an e-commerce business, first of all, you will need to create an e-commerce website with a secured credit card facility to receive payments from customers. This type of Internet business is more expensive and has a higher risk factor to establish. Due to the fact that you will need e-commerce software with stock control, add to cart and email services. You’ll also need to store the items you want to sell, not to mention the shipping and packaging costs to distribute your products to your customers. This type of business is more risky and will involve more work on your part to manage orders, correspond with customers and distribute your products. The initial cost can be relatively high depending on the number of products you want to sell and the level of stock you need to buy from your suppliers. Day-to-day running costs can also increase as there are more services you need to budget for in order to maintain an e-commerce website.

The main items you will need to set up an eCommerce website are:

· Software for e-commerce websites.

· Facility of Guaranteed Credit Card.

· Shopping cart.

· E-mail autoresponder facility.

· Inventory.

· Distribution material.

Commercial Bank Account.

The second main method of creating your own internet business is to sell other people’s products/services and is more commonly known as affiliate marketing. The main advantages of becoming an affiliate marketer are lower setup costs and overall running costs. There is no need to have a secured credit card facility provided through a third party or a shopping cart facility as all your sales are referred to another party/company from whom you will be paid a commission for your referral/sale /subscription. Becoming an affiliate marketer is very easy as there are many affiliate program providers that are FREE to join and then you have access to their directories for thousands of products/services that you can promote through your own website.

The main thing you will need to set up an Affiliate website is:

· A Web page.

How much does it cost to set up your own online business?

All forms of Internet business incur start-up costs, which can vary depending on what you want to do on the Internet. There are many websites that claim that there is a lot of money to be made through the internet and that their system is so easy to use that anyone can make a living from their products, systems, services, etc.

Actually, if you want to start your own internet business, you should read between the lines of most of the sales pitches, there is no guaranteed success with any type of business, be it internet based or Bricks and Malta (store).