Step1
Buy a domain name using hot keywords. Like 'digital music player' could become digitalmusicplayer.com (That one has been taken ;-)
Find a new hot trend and pick good keywords
You can park your domain at companies like Sedoparking.com or Trafficz.com and make money from people navigating to your space on the internet.
The parking company will place ads on your domain, then when people click on the ads, the parking company will share the revenue with you.
Step2
Buy and sell goods on local classified sites like Craigslist.com or Gumtree.co.uk.
Often people are just trying to offload stuff before a move. If you have some time, and keen insight you can snap up the bargains and flip them on the same site!
Be sure to take good pictures of the items when it comes to selling.
Step3
Publish 'How To' articles on eHow.com. I'm sure you're an expert at something. Start sharing your knowledge and you will get a share of the ad revenue your article creates.
Accounts are free!
Step4
Write a blog!
If you make it interesting, people will naturally come to your site. Especially when it gets indexed by Google.
You can start with a cheap hosting account(a small expense). Then, use free Blog software like Wordpress and install it in your hosting account.
Pick up a snappy domain name and plug Google Adsense ads onto the sides of your blog. As people read, they will also click on the Google ads (customized to your content) which will bring you revenue.
Step5
Buy hot products and resell them on eBay.
Keep on the lookout for new & hot products. For example, when the Nintendo Wii first came out, they were selling on eBay for well over the purchase price.
If you have a keen eye, and are willing to take some risk you can make some money this way.
Look for new products and put yourself on the waiting list to pick them up on day 1.
You can buy more than one if you pay others to wait in line for you.
Set your eBay auction to end the day you PICK up the item. That way you will get the highest price.
Some recent items that sold well:
Nintendo Wii
Playstation 3 (*note: only the first few days)
Xbox 360
Comments
deedavis said
on 8/28/2008 Thanks for the information. That was really helpful.
simssoul said
on 12/11/2007 well they are all reasonable ideas. but they are not as much profitable as affiliates program. above programs take lots of time to manage, and is very difficult for new person with experience to handle the problems with there on product in hand.that is why it is good to choose affiliate program. Affiliate program are very easy to handle. all the product and delivery is manage by the company. all you have to do is to make a sale with one link in hand.
regards
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