Financial problems, medical bills, and unforeseen financial burdens cause many people with full time day jobs to seek ways to earn extra money from home during their spare time.
Working couples sometimes find themselves in a bind due to layoffs and cutbacks, and an internet business plan to earn extra money from home to supplement their incomes is a welcome opportunity.
Here are two proven secrets on how to earn extra money from home using a successful internet business plan.
Secret #1 - Dropshipping Many people avoid the retail business because they don't want to invest capital in products to store in a warehouse not knowing when, or if, they will sell.
It is a risky business because a product that is a hot seller today may suddenly become a shelf sitter tomorrow.
Staring at product inventory on warehouse shelves is the equivalent of starting at stacks of greenbacks, except the money is not in your pocket; it is invested in the inventory.
Dropshipping is a method of retailing that allows you to sell items you never see or touch.
You don't have to invest in costly warehouse storage space, either.
To start a dropshipping business, you need an internet business plan.
The plan should include the venues you will use to market the products, such as eBay, your own website, Amazon, or a combination of several.
You do not outlay money for the products until after they sell.
When you receive an order from your customer, you contact your dropship source and place an order that will be delivered to your customer.
You are the middleman.
You never handle the product, and the customer assumes the product was shipped directly from your warehouse.
Using this method to earn extra money from home, you can make plenty of profit and avoid all of the expense and overhead associated with an online retail business handling its own inventory.
All you need is your internet business plan with your selling venues, some simple marketing strategies, a computer, an internet connection, and some quality dropship sources, and you are well on your way to making money from the comfort of your home.
Secret #2 - Paid Surveys Another proven way to earn extra money from home is by participating in paid surveys.
Several source sites exist on the internet that evaluate and list the most profitable paid survey sites.
You actually earn money for your opinion when you sign up and complete surveys.
Utilizing the source site is a good internet business plan because the survey sites have been tested and evaluated to see if they are reputable and legitimate.
Many of the survey source sites are free to use, so your only requirements are time, a computer, an internet connection, and an opinion on a wide variety of topics.
Many work-from-home opportunists are initially skeptical of this moneymaking method; they wonder why someone is willing to pay them for their opinion.
The reason is that market researchers want consumer opinions regarding the products and services offered by their clients.
The researchers are paid to find out what potential buyers like and do not like about a company's products or services.
This is very beneficial for evaluating products in development, newly released products, and some that have been on the market for some time.
Paid surveys are a great way for companies to find out what buyers think of their products so they can make knowledgeable business decisions regarding product improvements and enhancements.