Is it too late to make money on the internet (selling)?
Question by Rolly: Is it too late to make money on the internet (selling)?
I see now there are books on how to sell or be successful on the internet. Is this a sign that it’s too late? I don’t want to jump on any ban wagon and loose money.
Look at all those people that bought properties to flip. Now they are loosing theirs shirts!
Best answer:
Answer by GhostLady
I do think you missed it. I made tons of money on the internet several years ago but I got out when the money started to trickle instead of gush. It was awesome for a while, just didn’t last.
The best way to hit the next wave of investment is by keeping your eyes and ears open. Watch for new things that may take off. Nobody thought much of ebay when it was new, but I made over 2k a week for a very long time with it. Just be alert.
Know better? Leave your own answer in the comments!
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It’s not too late. You just have to be careful. The same rules apply as in any business. If you have a good product or service people will buy it.
Is it too late to make money opening a hardware store? The issue is what you sell and your prices. The advantage of the Internet is lower overhead than a brick and mortar store. The ‘property flippers’ that are losing money don’t know what they are doing. Those that find under priced properties, and actually do simple improvements before sale, are STILL making money. The same applies to selling things on-line. The ads claiming your computer does all the work always were a scam. Actually operating a business on-line will ALWAYS be viable.
you need to access your market
what are you selling and how much is it
i agree with the first answerer you need to be alert for the next big thing
i also sold on ebay and made great money and moved on when the money wasn’t rushing in
either a niche product or highly popular, marketing it is another section of your equation