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Thread: Which type of online business do you pursue?

  1. #1
    memenode's Avatar
    memenode is offline Net Builder
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    Which type of online business do you pursue?

    From what I understand there are three types of ways to make money online:


    1. Get paid directly for your efforts (freelancing) - active revenue.
    2. Create and sell a product or automated service - passive revenue.
    3. Create content on an ongoing basis to gain traffic and get paid indirectly (ads) - mostly active, but with passive potential.

    I have always fallen squarely into the third category and only recently started trying out the first in order to add a silver lining to my modest revenue. I've been shy about the second one though having occasional fantasies about how great it would be to set up something and then make money on autopilot.. but it seemed like something that requires investing the kind of money I didn't have.

    Another issue with affiliate marketing is that it always seemed like I'd have to be selling products which I have zero interest in myself. The biggest earners all seemed to be things my sites were getting spammed about (you know the drill, weight loss, enlargement, gambling etc.) which just gave me a very bad taste of it all. But things I do have some interest in and which I actually would like to sell always seemed to be on the fringe and probably low earners. I could almost hear some rich affiliate marketeer saying "oh.. good luck with that dude, you're gonna need it".

    So which ones are you in and in which of the three do you actually make most money?

  2. #2
    Will.Spencer's Avatar
    Will.Spencer is offline Retired
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    Quote Originally Posted by memenode View Post
    1. Create and sell a product or automated service - passive revenue.
    2. Create content on an ongoing basis to gain traffic and get paid indirectly (ads) - mostly active, but with passive potential.
    I mix these two. I create content, but not content that needs to be updated on an ongoing basis. I focus on creating content that will become mostly passive revenue.

    Selling products and services are not really passive, because you always have customer service issues.

    Quote Originally Posted by memenode View Post
    1. Get paid directly for your efforts (freelancing) - active revenue.
    This is a great way for people to get started, but I think it should only be used to finance options #2 or #3.

    Quote Originally Posted by memenode View Post
    Another issue with affiliate marketing is that it always seemed like I'd have to be selling products which I have zero interest in myself.
    Definitely. I can't motivate myself to work in those niches.
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    Arunkumar (15 August, 2009), bogart (25 August, 2009), memenode (15 August, 2009)

  4. #3
    1901gt is offline Web Designer
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    First category for me. I've been focusing mainly on my web design business over the past 4 months. So far, freelancing been giving me lots more time for myself.

  5. #4
    Loko's Avatar
    Loko is offline Super Moderator
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    I am only just beginning, but my 3 small projects are under 1,2 and 3 at the same time. What my projects have in common is that they are all offline services where I'm looking for online customers. At the moment I'm in the investing stage so none of these are making me money at this moment but that will change soon I hope.

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    aussieroo1 is offline Newbie Net Builder
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    I started with content writing before getting into SEO. There are other things that you could get into online be it in e-commerce or other businesses.

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    bogart is offline Super Moderator
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    It will depend on where you are located. Someone in the US could set up a shopping cart and sell products online.

    With publishing, it's feast or famine.

    Affliate marketing is a tough one. I've tried CJ and haven't made one sale. Even though the sites have had hundreds of clicks on adsense. I'm wondering if the cookie stuffers have beaten me out. However, an interesting concept is to work directly with a company to sell services or products for a comission.

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