21 Ways You Can Generate Revenue Online

If you’re like me, you’re always looking for ways to generate revenue especially in these tough economic times. It’s not enough to have just one job nowadays, you have to have multiple streams of income so that all of your life goals are met and you still have money left over for savings. These techniques I’m about to share with you can be implemented with little or no out-of-pocket expense at all. They just require your time, creativity and determination.

1. Sell a product one-by-one.
2. Sell similar products packaged together.
3. Sell a “license” to use your product for a defined time period.
4. Sell a “subscription” to your product for a defined time period.
5. Sell a flat weekly- or monthly-fee service.
6. Sell relevant advertising space on your products, in your catalogs, or on your company vehicles.
7. Sell digital information related to your industry or product for download.
8. Sell products one-by-one, but on an automatic replenishment schedule.
9. Sell discounts to others’ products or services.
10. Package your products or services with another company’s similar offerings.
11. Sell someone else’s stuff.
12. Sell refurbished or used versions of your products and services.
13. Allow others to resell or co-market your products and services.
14. Sell a disposable version of one of your products.
15. Lease your product(s) for a defined time period.
16. Sell time: bill by-the-hour for a service related to the products you sell.
17. Sell your products in smaller packaged quantities (if typically 25/per…, sell 10/per at a higher profit margin).
18. Sell your products in larger packaged quantities.
19. Sell your products on your website.
20. Sell your products on multiple, targeted websites focused on individual product groups and customer solutions.
21. Sell access to a seminar where you educate customers about your industry and the solutions you provide.

So there you have it. You now have 21 different ways to generate revenue using just some of your extra time and effort. Remember, this isn’t easy money. If you’re not working with a huge budget, then it will take some time for you to see the results of your work. The important thing is not to give up just because you don’t see a profit in the first week. Some of my ideas didn’t generate revenue till months down the line. But, because I used careful planning when I set everything up, I created income streams that will pay me back long into the future.

Any wealthy person not born into wealth will tell you they got there from planning and execution. There may be days when nothing goes right and it seems all is lost, but I encourage you to keep pushing forward and never give up on yourself and your abilities.