Market research is the process of collecting data about consumers. Companies want to know if the product they are producing meets the needs of their customers, so they can continue to provide the best possible product. Without accurate information businesses cannot make informed decisions. That’s why companies create surveys and are willing to pay you to make money online by giving your opinion.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
John Carlton’s notorious 30-year career has become something of a legend among modern marketers. He started out as the “bad boy” freelance copywriter snuck through the back doors of Los Angeles advertising agencies to do the hard-core sales jobs their staff writers couldn’t pull off. He penned game-changing packages for the largest direct response mailers in the world while single-handedly also completely transforming the way print ads worked in a number of markets. And he pioneered the now-common use of killer “old school” persuasive ad-writing models for online markets when the Web finally became a viable vehicle for entrepreneurs.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
If you have nothing of value to sell from home then retail arbitrage might be a better option for you. Many people partake in arbitrage to earn a little extra money, and for some it has even become their full-time job. Retail arbitrage is the buying of goods at a low price and then selling them on a different platform at a higher price. Sales in shops provide ideal opportunities to pick up products for next to nothing. These can then be sold on eBay or Amazon for higher amounts, making you a nice profit.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
So we have to ask, why are these women really using the site? The money's important — and they do make quite a bit. It's hard to pin down average figures because people work different hours on the site, but one user has said she made up to $55,000 in a year. NaughtyJo even tells me someone bought her a new phone after she broke her last one. And men are paying these sums for friendship at least as much as they are titillation: perhaps more so.
The first thing it takes is a CHANGE in MINDSET! I know, you've heard it before, but it's the absolute truth. I'm not going to give you some sort of 5 step plan to online success. That almost makes it sound too easy. What I am going to do is provide you with resources. I'm doing it this way because I'm NOT trying to sell you some sort of dream. Actually, yes I am trying to sell you a dream. A dream that can only come through if you make the decision that it has to come through.
Why am I telling you all of this? The answer is pretty simple. I want you to get the understanding that making money online (at least in the initial stages), takes A LOT of STUDY and WORK! That's the unknown secret of Internet Marketing Gurus. Anyone can make a few hundred dollars. To be quite honest, you can make a few hundred dollars in your FIRST MONTH as a Freebie Trader. To be even MORE honest, it's much harder to profit $2,000+ each and every month, which is the reason I built this blog, and so many other people have their blogs on Internet Marketing – To save you the struggles that we had in getting going.