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Let's see if we can list all the different ways that money can be made online? I make use of a good number of these but I would love to get some more insight into what other income streams I could add over time!
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TommyCarey
Writing
You can consider article writing as an income stream, but that could fall under a digital service. But what I'm more referring to is if a website starts to make a good amount of money and they hire bloggers to keep the content fresh.
FBA - Fullfilled By Amazon
You can set this up so that you don't actually touch any products yourself. You'd basically be a middle man by purchasing low and selling high. You can sometimes get the manufacturer to ship to amazon under your own name so that it's more streamlined.
Amazon Merch
This is where you are basically running a t-shirt store through amazon.com. You upload your images and pick the shirt style and colors that you want to be shown. If you've been shopping on amazon.com for shirts you've probably seen a few amazon merch shirts and didn't know it The only downside to this is that you have to be approved before you can sell your designs on amazon. The approval time could be 1 month or a year, it's unpredictable. I do know that they added a lot of new jobs in this sector so the approval rating might be much quicker It took me around 3 months to get approved
Drop shipping
Drop shipping is when you don't own any of the product, but you sell it and the owner or manufacturer sends out the product in your name. This is not the same as FBA if you have the manufacturer send items in your name to amazon. You would set up a website that either ties into a third party website and once you sell something it automatically gets fullfilled by the third party. Or you can set up a website and once you make a sale you can go to the third party manufacturer and purchase then ship to the client. The only down side of buyer for your clients and adding their shipping address is you sometimes won't be able to get your address and company info on the shipping label. You can contact the company to see if they offer drop shipping, some do and some require a minimum amount of orders before they begin to make you your own labels. I've got a few you can add to the list :) [size=160][u][b]Writing[/b][/u][/size] You can consider article writing as an income stream, but that could fall under a digital service. But what I'm more referring to is if a website starts to make a good amount of money and they hire bloggers to keep the content fresh. [size=160][u][b]FBA - Fullfilled By Amazon[/b][/u][/size] You can set this up so that you don't actually touch any products yourself. You'd basically be a middle man by purchasing low and selling high. You can sometimes get the manufacturer to ship to amazon under your own name so that it's more streamlined. [size=160][b][u]Amazon Merch[/u][/b][/size] This is where you are basically running a t-shirt store through amazon.com. You upload your images and pick the shirt style and colors that you want to be shown. If you've been shopping on amazon.com for shirts you've probably seen a few amazon merch shirts and didn't know it :D The only downside to this is that you have to be approved before you can sell your designs on amazon. The approval time could be 1 month or a year, it's unpredictable. I do know that they added a lot of new jobs in this sector so the approval rating might be much quicker :) It took me around 3 months to get approved :D [size=160][u][b]Drop shipping[/b][/u][/size] Drop shipping is when you don't own any of the product, but you sell it and the owner or manufacturer sends out the product in your name. This is not the same as FBA if you have the manufacturer send items in your name to amazon. You would set up a website that either ties into a third party website and once you sell something it automatically gets fullfilled by the third party. Or you can set up a website and once you make a sale you can go to the third party manufacturer and purchase then ship to the client. The only down side of buyer for your clients and adding their shipping address is you sometimes won't be able to get your address and company info on the shipping label. You can contact the company to see if they offer drop shipping, some do and some require a minimum amount of orders before they begin to make you your own labels.
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