I’ve been making money online for several years now. It all started because I wanted a way to earn passive income. Here are 10 reasons why I choose to sell online.

1. Low Start UpAn online business is one of the most affordable ways to start a business. All you need is a domain name, a web host and a product of your own. Nowadays, you can get a domain name for less than $10 a year and there are many web hosting companies who offer their services at extremely affordable prices. For less than $100, you can have a web hosting plan with more than enough storage for your use.

2. Set Up Once, Run PerpetuallyOnce you’ve set up your website to sell your products online, it works like an outlet for your products to the entire world and it works tirelessly 24 hours a day, 7 days a week, throughout the year, year after year, for as long as you continue to maintain your domain name and web hosting.

3. Almost Fully AutomatedYour entire business processes can be automated almost completely, from the sales page on your web site to continuous follow up with your prospects to processing the sale transactions, all the way to delivery and fulfillment of your sales. This is especially true if you are selling digital products as delivery is practically instantaneous.

4. The World is Your MarketWith the Internet, you can reach out to practically anyone in the world who has an access to the Internet. No matter where you live, you can sell your products to prospective customers from USA to Russia to China.

5. Can Work from Anywhere
It gives you the freedom to work from anywhere with an Internet access. Most time, Internet entrepreneurs work from home, but they can choose to work even while they’re holidaying in the Bahamas.

6. Choose Your Own Time to Work
You can work at your chosen time. Most Internet entrepreneurs begin by working during their spare time but as their Internet business grows, they almost always choose to stop their day job for the flexibility and freedom of an Internet business.

7. Choose Whom to Work With
Most Internet entrepreneurs work alone from home. However, you can also choose to do joint ventures with other Internet entrepreneurs. You’ll find that many are usually equally keen to work with you.

8. Multiple Source of IncomeSince once you’ve set up a website, it practically runs on its own, many Internet entrepreneurs own more than one websites to sell different products. After all, why earn from one automated website when you can earn from ten and increase your profits. It makes good sense to always have more than one source of income.

9. The Sky is the Limit
The Internet is still very new. There is practically unlimited potentials that you can mine from the Internet. People are creating new software, new products and new technologies every day. Thus the Internet represents an infinite possibility for you, limited only by your own creativity and innovation.

10. Benefit of ConversionYou earn in US dollars. For those whose local currency is weaker than US dollar, your Internet profits represent a substantial source of income after conversion into local currencies. For example, US1 is presently being converted to RM3.5 in Malaysia where I am residing, thus each dollar earned is like earning 3.5 times more for a similar effort done locally.

Author's Bio: 

Dr. Tim Ong is a medical doctor with keen interest in self improvement, mind science and spirituality. He is the author of several personal transformation books and is the webmaster of The Self Improvement Site at http://theselfimprovementsite.com