‘Tis the Season to Earn Extra Money Online

Posted by on Nov 9, 2011 in Internet Business Ideas | Comments Off

‘Tis the Season to Earn Extra Money Online

So a few days ago, I poked my head out of the digital cloud and realized – it’s November!

Are you kidding me?

I swear on a box of chocolates, the last time I looked at the calendar, it was January. I can’t believe the holiday season is already upon us. But now that it is, it’s time to get to work. If you have been looking for a way to earn extra money from home, tapping into the holiday shopping spirit is a good way to go about it.

We are entering the biggest shopping season of the year. Some statistics I saw earlier stated that 38% of people surveyed have already started their holiday shopping. Sure the economy sucks and jobs are scarce. But none of that doesn’t matters because people will find a way to get presents under the Christmas tree, even if they have to put things on layaway to do it.

And not everyone is broke. You may have tumbleweeds blowing through your checking account, but some people do have money and can afford to purchase the hot toys and electronics flooding the market. These are the people you need to look at for inspiration on how to earn extra money this holiday season.

[Learn how to figure out who your target market is]

Bring on the Earn Extra Money Ideas

You can make money this holiday season in three different ways: by directly selling to the customers, as a middle man (or woman), or by selling to the businesses that interface with the public.

Direct Customer Sales – In this scenario, you make money by selling products, or providing services, directly to the customer. If you are particularly crafty or can provide a service of some kind, then the holiday season is the perfect time to put those skills to good use. Once, I read a newspaper article about a stay-at-home mom who earned extra money from home by making and selling Christmas wreaths. She didn’t break the bank, but she did make enough money to give her kids a pretty good Christmas that year.

Now she did that by selling to her local community. The nice thing about putting your business online is that you have access to a larger customer base and the opportunity to make a lot of money.

Indirect Customer Sales – Affiliate marketing is another way you can earn extra money online. You’re still selling products to the customer. However, you’re doing so on behalf of businesses or other individuals. You are paid a percentage of the sale for your efforts. While you don’t make as much money per sale as you could if you were selling to customers directly, you don’t have to deal with inventory or any of the other hassles associated with running that type of business.

There is a learning curve with affiliate marketing, and it requires dedicated effort. Additionally, many companies pay on a monthly basis, so you may not get your payments in time for Christmas shopping depending on when you start. However, this makes a great long term business.

Business to Business Sales – This is no different than direct customer sales, except you will be selling to businesses. The reason why I separated this from the other category is because people often forget that businesses are customers too. They need materials to make their products and assistance with selling them to their customers. You can earn a lot of extra money for your holiday shopping by finding a way to fit yourself into their business processes.

Now that you have a few ideas on how you can earn extra money this holiday season, you are probably wondering how to get started. Well, we’ll talk about that in upcoming articles.

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