With the advancement of web technology, more and more people around the world are looking in to the option of doing home based business to make money. All you need is just a broadband internet connection and a notebook, laptop or desktop computer. Among the common types of home business are:
1) Selling of items through online store (Online Marketing)
The best thing about online store is that you don’t have to incur cost in inventory.
2) Selling of e-books online
Another low cost business to maintain as you does not have to print physical books. You get paid when a customer wants to download your books.
3) Setting up a website on particular topics and earn from advertisers.
If you are good at writing, you can set an up a website that attracts visitors and you can charge advertisers to advertise at your site. The easiest way is to sign up with an affiliate program or Google adsense, which pays you per click or when someone buys something through your referral.
4) Stock, option and futures trading through online brokers.
This is more of investment than doing business. But for me, I think that this can be categorized as home based business. Investing require some skills and knowledge so be prepared to keep on learning and be on top of market news and world events.
5) Selling of domain names
You can purchase domain names that you think is popular and sell it to the highest bidder that wanted it for his website name.
6) Web Page Design
If you are technically savvy, you can offer web page design to companies that want to have their own sites. Many companies have not set up their own site, so it is a big potential business.
7) Online multi level marketing
The income potential is great if you are successful in this one.
Working from home requires great discipline and not many are successful in doing so and they normally give up after a few months. Internet takes away the world boundaries and you can reach almost everyone in the world as long as he or she is connected to the web. Those who do not embrace the web technology to sell their product will be left out in the race soon. This apply to every category of industry that you are in; i.e. Life Insurance business, Travel insurance business, Credit card business, adult education business, yellow pages advertising, Investment product, house loan, refinancing ……etc. Start Making Money Online now!