How to Earn Extra Income Online - Lesson 2

Now think of the stuffs you are excited about. Think of your interests. Come on...you must have several...!? Well, let me help you with this. They can be reading, traveling, babies, books, shoes, flowers, golden fish, cats...shall I go on?

Or you can tell me more about yourself... Are you a vegetarian..? Are you a big fan of swimming..? Do you drink tea everyday as a must..? Are you an expert in something..? What problems can you fix..? You got the point!

Next thing to do is to write them down. You should come up with at least 2 interests...

Finished?

So now what? OK. The next step is to predict whether those hobbies of yours are profitable or not in the internet. If so, let's determine which one is better.

If you have more than 3, I suggest you squeeze them into 3 subjects that you like most. We're going to analyze whether they are profitable in the internet or not. It is always easy to start with smaller numbers...

Then we shall start focusing on the one subject that you like most and could possibly generate high income in the net.

If you haven't done your homework yet, then this lesson isn't for you! This is a step-by-step lesson, so please do as I tell you in each lesson...that is of course if you are serious to earn a nice income through the internet..!

Have your list with you? OK let's go...

Now, to figure out whether those subjects you have are profitable or not, of course we have to know first whether people are looking for them in the internet or not. It's that simple. So we are going to use the search engine for this.

"The Concept of "Demand" and "Supply"

"Demand" simply means... how many people are searching informations on a certain subject. Let's say your main interest is "flower". Let's see how many people searched for this subject during March 2005.

Go to: http://inventory.overture.com

This is a very useful tool to track the Demand of a certain subject. I typed the word "flower" in the box and the results....Voila!

2,296,287 people searched for this single word during March 2005. Although this result is different with what you get from Google, but Overture makes a good comparison. Some say that the numbers of searches in Google are approximately 8 times bigger than the ones in Overture.

OK, that means the Demand for "flower" is 2,296,287.

How about the "Supply"? The Supply simply means...how many sites are related to a certain subject, in this case "flower".

And we will talk about this in more detail in the next lesson..

Farid Aziz - EzineArticles Expert Author

Farid Aziz is the author of "How to Make Money Onine with Your Hobby". Visit http://Internet-Marketer.blogspot.com to grab your FREE copy of "Internet-Business-In-A-Box", a kit worth US$ 497.00.