How do you determine and identify money making opportunities? Basically we make money when we are able to sell products or services. That is the simplest way to make money. But if you are trying to find alternative ways to make money online, perhaps the best way is to look for a problem and try to solve it. The solution that you come out with might just be the new product or service that you can sell online.
Everybody have problems and every day thousands of new problems are created. All you need to do is identify those problems and try to work out with a solution for each of the problems. These solutions can be sold in a form of product or service. Some solutions can even be sold in a form of information. Sometimes it is just an easy solution but people just don’t have the knowledge to solve it. Selling solution in a form of information probably is the best way to make money online. All you need to do is write the solution into an eBook format and sell it. People just need to download the document and read it. It is much easier and simpler compare to selling the solution in a form or physical product or service. Everything will be in digital format when you are selling problem solving solution in an eBook.
Remember that whenever there are changes, new problems are created. Thus there will always be a demand for solutions. All you need to do is identify those problems and try to work out the solutions. Your solutions don’t have to be perfect. As long as your solution is able to provide slightly small improvement, it is good enough. Sell your solution now while trying to work out a better or improvement version of solution. You can sell your new improvement solution again to the same customers again later. This concept is similar to Windows operating system which we continue to purchase again and again.