Common mistakes most Nigerians make about making money online
Most Nigerians will never make money online.
I am not saying this because i do not believe in their capacity or their ability to make it online, but because of certain factors which i will be unveiling in the course of this article.
Most people do not know how making money online works. Some people think its simply an investment scheme where you invest a particular amount of money and expect a fixed return on investment after a certain period of time. Making money online is however not an investment scheme. It is not a get-rich quick scheme.
Making money online is not much different from making money in the real world. To make money online, all you need to do is offer a product or service in exchange for money. There are no two ways about it. The difference between online and offline business however lies in the use of the Internet as a medium and not the traditional brick and mortar shop to sell ones product. You need to understand this point very well or you will not make any money.
There is no website on the Internet that is making money that does not offer a product or service in exchange for money. Lets take a look at some of these websites:
Amazon is one of the most profitable websites on the Internet. What they do to make money is that they sell books, DVDs and gift items. They presently have more than a 1000 staff at their United Kingdom Head office. More than 90% of their total revenue comes from sales of their unique products.
One of the most popular websites on the Internet today, is google. They are arguably the best search engineout there. But how do they make theiir money? Google provides advertisers a platform to advertise their products and services in exchange for payment per click.
If you look carefully, you will notice two sets of search results are usually displayed. The major one on the left and the tiny little ads colored blue on the right. Those ads are placed there by advertisers and these ads usually fetch google millions of dollars.
There is no magic about making money online. Lots of folks have fallen victims to fictitous online scheme which later dissapeared after a while. Making money online is all about selling products and services and not phony schemes like online survey,data entry and getting paid to read emails.
Be absolutely careful, as online scam masters will try to convince you to joining these phony schemes. The secrets of success online is by offering quality products and services.
Categories: Money making myths Tags: amazon, google, internet wealth, money
