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The world of Internet is brimming with ideas to make money. While we can't bring all the wonderful ways in which you can make money online, we would like to focus on the top five ways to make money online. Though these methods were not easily available before, but due to the large amount of Internet commerce taking place on a daily basis, they offer a tremendous money making opportunities. Also, these are some of the cheapest methods and are fast to implement.

Top 5 Online Money Making Ideas

Here are the top 5 money makes ideas over the Internet that you may consider. So read on'

1. Create Your Own Website or Start a Blog

Blog/website is a great way to share your knowledge, experience, hobbies, and interests with others. With a little time investment you can build a successful society of likeminded people who certify your thoughts. Perhaps the best part about having your own blog is the ease with which you can run it. A blog or a website gives you the opportunity to sell your own or other people's products/services, banners, or text links. There is plenty you can do with a website or blog to make money online and there is really no limit to the amount you can earn with your own virtual address!

2. PPC Advertising or Marketing

PPC or Pay per Click advertising is another top money making idea. PPC advertising is really a keyword bidding process where the lowest bid is of $0.01. So if you happen to be have the highest number of keyword searches on a search engine, your ad will be top ranked and will be listed along with the other sponsors on the search engine results page (SERP).

PPC helps you make profit and you don't even need a website for it! All you require is a credit card to make payments and a budget that starts at a mere $5 to make payments for the clicks on your PPC ad at the selected bid price. If you fulfill these requirements, you should join affiliate programs that promote PPC advertising and find products that require to be marketed with a wining home page.

Next you open a PPC ad account with a facilitator site and write a compelling ad and bid on low-priced keywords that are pertinent to the products/service you are promoting.

Tip: Remember to compare the total cost of all clicks with the commission given out to you. This will help you to improve your ad copy and keyword selection.

3. Selling Domain Names

The brilliance of this idea lies in its simplicity. Collect domain names and make money! It can't get any easier than this. You don't have to create any content or do anything complex. The important thing is to choose domain names that will help you make profit. The much in demand domain names come with a .com extension. To choose the domain name simply type the domain name of a website you consider non-existent. However there are other ways to select money making domain names too. Just search the web.

4. Internet Auction

Thought internet auctions have been around for quite sometime, it still offers immense potential to earn lots of money. All you need is your own product or products and a free account on any reputable internet auction website such as eBay etc. You can either buy the resale rights of various items or join a dropshipping program to have your own line of products.

While buying the resale rights allows you the authority to resell the purchased product, in dropshipping, you are required to promote the product and receive payment only when an order is placed. You then contact your dropship merchant who delivers the product to the buyer directly.

5. Freelancing Jobs

If you are a creative individual with passion and experience in writing, programming, web design, data entry or any other online freelance income generating expenses then this can prove to be highly beneficial for you. There are several websites that allow you to post your work portfolio and bid on job requirements or projects that are on offer. Search for freelance job sites and earn good money without any or little investment.

Finally, as an initial step, consider having your own website and blog or at least any one. An established website will help you make money easily.