hot to make money online (on the internet)

9/30/2009

This is a rhetorical question of many internet scams. Everybody wants to make money fast and easy, from home on their home computer. But really, this is something even I want to do, and have been striving for a while. I figured, somebody who works on the internet, understands the internet and its business models has to be figure out how to make money from it.

Over passed 4 years, my main steps to accomplish this goal has been through setting up websites that would generate traffic and I could make money from advertising. As I am realizing, this is really a long shot. So many hours web into development maintenance and the results are "only" monthly paychecks in hounders of dollars minus hosting costs. I recently talked to a friend of mine from the Czech Republic, who is also in the "traffic generating/advertising selling" business, to get some ideas how to monetize some of my Czech properties (here is website about Brno turism for example), but did not get much advise, in a small market such as the Czech, you have to go after the big clients and that is not easy if you are small.

Lastly, there is commerce. If you sell stuff, you don't need the economics of scale like when running a social networking website in order to make money. I have been thinking about this for a while, and not I am giving this a test drive with ordering sample order of some luxury furniture from china and trying to sell it on ebay. This is kind of a step of despair, because selling stuff does not really require all my high tech internet skills, but I really want to find out if "selling" makes more money than "advertising"