Guest post by Mike Lightner
One of the best ways to make money online is to sell a real product. Out of all the possible products, the best would be a product that can be downloaded. If this is not possible… for instance if you are into making t-shirts or auto parts, then you can still use the internet for marketing and advertising. However, the main focus of this post is on finding a type of product that can be sold on the internet and be a source of passive income. If you think like most of us… you want to achieve a lifestyle where money flows into your bank account with little to no work. There are thousands of people who have became rich by selling downloadable products online. Most of them have the entire system automated.
So now you might be wondering, what in the world are you going to sell and how?
The best products to sell online are information, e-books, audio, video, software, pictures, web, templates, newsletters and memberships.
All the above products can be downloaded except for 9. (which doesn't even need to be downloaded)
Unless you are an experienced webmaster, I recommend choosing a product from 1-8. Selling memberships is something that you will do in the case of having a very popular website.
Most of the items I listed are also relatively easy to make, except number 5, software. However, if you know anything about programing then you can make a fortune by selling your own software online.
Now that you have an idea of something that you can sell, the next step is to make a website and start getting traffic. You will be hooked the first time that you make a sale while you are asleep. Imagine going on vacation and your product still being bought 24/7 while you lay on the beach?
Mike Lightner, a web developer and entrepreneur, is starting a new insurance community website based on insurance discussion. The new website Insurance Forum is a place for people meet up, learn from each other, save money, and talk about insurance issues.