Wednesday, March 25, 2009

Proven Methods for Earning Money Online in a Recession

The economic downturn is hitting everyone hard.Blue chip companies are laying off workers and the small ones are going under.The times are really hard.People are looking for ways to earn extra income to keep going in these times.
The internet provides a great opportunity to earn passive income even when you are broke. Unlike offline businesses you require little or no capital to start many online businesses. No inventory is required and best of all you don't have a Boss breathing down on you. The methods listed here can be bring you massive wealth if used creatively. Many have used them and seen results.
  1. Blogging: There are many folks online who make a living on blogging alone.What started as a mere passion, has turned many to millionaires on the net.A good example is the guy behind problogger.You can start with the free blogging plartforms like wordpress and blogger where you can start blogging afew minutes after set up. You can blog about anything but it is best to blog about what you are passionate about, this makes content creation less difficult. You can monetize your blogs in many ways like adding Google adsense or promoting affiliate products e.tc.
  • Article Marketing:This invovles writing articles and submitting them to article directories .The popular Bum marketing is using articles alone to sell products and services online without necessarily investing on a website.It is a very good staring point for the newbie.The downside is that you may have to write loads of articles to be noticed on the net.The best article directories you can use are,
  • ezinearticles.com
  • article dashboard
  • searchwarp
  • Goarticles
There are many freelance sites on the web where you can get paid to write articles and bid for projects like graphic design, data entry,proofreading, web design e.t.c. So if you have a way with words you can check out these sites, www.getacoder.com, freelancer.com, rentacoder and many others.
Affiliate Marketing:It`s a method where you sell products and earn a commission from your sales.It involves the sale of E-books, software, physical products e.t.c. You can promote affiliate products with your website, articles, blogs and even on free classified ads websites like craiglists, Usfreeads e.tc.
Selling Your Photographs Online:There are photo-buying sites online that are willing to pay a few bucks for your interesting photos. So if you have a digital camera always take it along when you are going out and snap good scenes.I know of a photographer from Africa who earns about $400 from selling photos online.
The beauty of these methods listed here is that most require no capital outlay to start and if you put your heart to it you will get good results

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