The easiest way to make money online is by selling a product that can be delivered electronically. There are no shipping or fulfillment costs eating away at your revenue. Electronic products are easy to produce and it is not necessary to get anything published. Another great reason for selling products electronically is that delivery is instant and free. Selling products online is completely automated or hands free. So what type of products can you sell electronically.
Selling software online is excellent because new software is always necessary. Programmers at local colleges come cheap, if you have the funds. If you do not have extra funds, cut them a profit for the first two years. You will still earn more than your expenses.
Writing an eBook is extremely easy. People are constantly looking for information. Finding a nicely packaged info packed eBook is so much easier than doing all the research yourself. These eBooks sell like hot potatoes and you do not have to worry about printing costs or editors.
Starting a newsletter on a highly popular topic will bring in a lot of people quickly. You can have these people submit articles themselves too, which will add to your website content. You just need to make sure the information they send is reputable. Later, you can offer paid subscriptions, advertising, and product promotions on your website which will drive traffic and cash.
Members only web sites offer the customer a service each month or week or day and charge them a fee. As long as you are serving your customers with intensity, you will keep them happy for a very long time. This is very labor intensive but the results are well worth it.
So, as you can see, you could offer a service on your website, such as dog walking or wedding planner, but that would mean that you would need a lot of resources, employees, expenses, etc. Selling an electronic product online is easier for someone just starting out as an entrepreneur.