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Internet access rates in India have decreased considerably in the last 2-3 years, making working from home online a viable option. There are several ways to earn money from home using the internet.
1. Buying and selling online through online auctions - currently eBay (earlier known as Baazee) is the largest online auction site in India, though other portals like indiatimes, rediff also sell various products. Since most auction sites deliver products only after payment is received for the sale, you will not loose any money.
You should first find out which products are popular in the online marketplace and check the price at which these products have been sold recently.
Then you should be able to locate low cost sources of products - either imported products, stock lots or wholesale lots . It is advisable to buy from importers in India initially, instead of directly importing from countries like China. Direct import involves a lot of paperwork and is risky. Customers are able to check prices from a number of suppliers, so prices should be competitive
Since marketing overheads are taken care by the auction site (eBay is one of the largest online advertisers), you only have to add your margin to your base price, to account for the time spent
After the order is finalized, you should arrange for a cost effective way to deliver your product to the end customer.
2. Domain name registration, website hosting and design How to build a website
3. Software development - will require some knowledge of various software. Outsourced work is listed at websites like elance (for all categories of work) and rent-a-coder (for software). Many Indians are listed in these 2 websites and earn a regular income. However, unless you have relevant experience, you may have to spend one or two months bidding for projects regularly, before you get work for the first time.
4. Selling advertising on your website. Your website should get regular traffic from search engines and links from other websites.
Make money from your website Google Adsense Starting Google Adsense Web statistics
For products or services sold locally , you will receive payment in Indian rupees, but foreign customers may pay in US $ or Euro. How to receive payment in Indian Rupees
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