So How Much Do People Make Online?

I dare say all of you have come across spam that goes “I made a zillion dollars online and so can you.Just follow my patented system…..” Besides this sort of  obvious tall tale,there are lists of top ranking blogs and websites and their estimated incomes.All this begs the question of how much ordinary people can make online.The following are figures published by the ET.

Self publish books: upto Rs 15,000 p.m.

Make and sell apps: upto Rs 50,000  p.m.

Sell photos online: upto Rs 10,000  p.m.

Sell old stuff online: upto Rs 50,000  p.m.

Start an online shop: upto Rs 25,000  p.m. Read more of this post

Making Money Online

wealthymatters.comThere are reams of articles and posts out there purporting to show people how to become rich from online earnings.Some of these are penned by naive,wishful thinkers and most others by people trying to make a quick buck out of the naive,the desperate and/or greedy.

The internet has next to no entry barriers.So getting into this marketplace is easy and making a few isolated deals is easy.The difficult part is in really making your presence felt across a  sizable part of the internet.My personal take is that unless you are one of the early adapters of some or other activity you are less likely to make money on the net.So bloggers who started early,have found it easier to earn from online ads.Also the lack of enter barriers means that markets are soon saturated and good money making opportunities soon dry up.

I believe that there are only 2 ways to truly make serious money,for any length of time, using the internet.(1)Provide a system for others to benefit from the internet i.e. start an e-bay,WordPress etc. (2)Use the internet to build sales channels – do an Amazon.That said you can pick up a little pin money by sticking  to these activities outlined below.CAUTION do not wander too far from these recommended names as you are likely to waste your time on scams.At best, give the main competitor a try. Read more of this post

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