Saturday, October 13, 2007

Making Money Online - How Did The Millionaires Do It?

You might have heard stories similar to "Oh that guy got rich on the internet, lucky guy!". Yes, there really are many many people that have made millions on the internet.

I know a guy that 5 years ago was a manager's assistant (in his 40s!) and started a small online business. Now the guy is worth $180 million and owns half of my town. Ridiculous. He doesn't even know what to do with the money, he's just not used to that kind of life. I drive his lambo every once in a while though.

So yes, there are many people out there who have made their millions online. But how did they do it? The answer is simple - Online Marketing. Ever heard that term? It's being thrown around nowadays without anyone actually giving it a meaning.

The term marketing can be described as "having the product bought by the end customer", and that's pretty much what it is. You "market" a product, thus giving a way for the end consumer to get his hands on it (the product).

There are many ways to do that.You can start your own website, build up traffic for it, get a steady email base and opt-in with the potential customers.But since running a website usually involves coding work, fair investments into hosting, you have to find a good domain, it's not as popular.

What people refer to now -- and make great money of -- is data entry jobs for huge companies that teach you the foundations of the online marketing arena.

I know 5 people now that just wake up in the afternoon, turn on their PCs and see couple of hundreds of dollars on their accounts. I didn't believe them at first, but when the checks arrived, I was amazed.

Basically what they do is enter data into online forms that advertise the websites of huge companies, and take commission from the money returned. Most of the time the commissions are at 75%! Truly amazing.

That's probably one of the easier ways of online marketing if you don't want to "get your hands dirty" in coding. Although it does pay off. But you're best to start off with data entry jobs.
www.monkeysmoney.com

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