Thursday, August 6, 2009

Evaluating The Many Ways To Make Money Online

Everyday someone will figure out new ways to make money online and then attempt to share their find with others. Of course they are not going to send off their marvelous find for nothing. Then again, there is no reason they should. They took the time to discover this new procedure and they are making more money than they could possibly ever use and sharing it is the nice thing to do but sharing it for nothing just is not in their nature.

If this type of scenario sounds familiar, it should, as it is evident in most of the rags about alleged riches stories you read about when looking for ways to make money online. The people who were ripped off by 20 or 30 companies before stumbling on an amazing new way to make a fortune or the one who was able to turn his $10 investment into a fortune in only 30 days. While some of these plans may actually work, you need to spend some time evaluating the way in which the money will be made.

While multi level marketing is becoming more accepted, there are a few companies more interested in recruiting more people into the sales staff than in actually selling the product or service. When recruiting overshadows sales or the product or sales becomes suspect, it might be considered the old pyramid scheme, which is illegal. Look through the offers and those that downplay the product you will be selling and build up how much you can make just for recruiting family and friends at first, you may want to look elsewhere.

There are also online businesses that claim you can make money online just by giving away their free products. Usually it is the software that will want people to buy something related to the software but evaluate the offer before jumping in and ask why a company would give thousands of dollars in software to give away to other people. One of the better opportunities involves a company that gives you your own retail store online and gives you the ability to set your own prices, as long as they are above the minimum.

You can adjust the prices to meet what the market will bear in your neighborhood. The company handles all the shipping and order tracking and all you have to do is market the store and collect profits on the sale. There are a few catches, though. In order to increase the percentage of profit that you receive, you can pay for membership. While free members do get paid, registering as a paid member will improve the percentage of the sale to get paid. Additionally, as part of your training program, you are required to make at least one purchase. And, no you do not get credit for the sale.

1 comment:

  1. I wish I could discover a new way to make money online... i find those people to be so clever.

    ReplyDelete

Info Links