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Dotcomology - The Science of Making Money Online

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Friday, February 10, 2006

Who Is Making Money Online?

Any time there is a new product, someone thinks “How can I make money with this?” The internet is a perfect example. Since the mid 90’s millions of people have been making money online

First you have the people who are making money online by using the power of the internet to promote their current business through web sites and advertising. Pop up ads can be annoying and blocked but they work. Today, all serious companies, and many not so serious ones as well, use their home web site as a place for their customers or potential customers to get information, and buy buy buy from the comfort of home. Why go to your local Target if you can shop online at Target.com? Target doesn’t care, they make money either way.

Others make their money online by offering products and services tailor made for internet users. They would include sites for online gaming, auctions, entertainment, and so on. EBay for example makes all their money online and would not even exist if it weren’t for the internet.

The average Joe or Joanna can also get a slice of the pie by doing paid surveys, playing with stocks or other online money making ventures. They can also auction or sell their own items. Anyone can pop up an Angelfire.com website to sell home made products. These ventures can be costly and have no real guarantee, no matter what the “Home Based Internet Business” pop up window promises.

The one avenue of making money online that is often overlooked: job placement. With sources like newspaper classifieds in other cities (so you can look for jobs in the Chicago Tribune without leaving Dallas) to job promotional sites such as Monster.com, the possibilities are endless. Utilizing the internet to find a well paying job could be the best way to make money online.

Who knows what the future holds. We do know that every day people are making money online and, equally important, other people are spending money online.

Dotcomology - The Science of Making Money Online

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