Many people strive to build a secondary income to supplement their full time salary and perhaps even, in time, replace their full time income and look to the internet as a way of doing this. However they often think they need to invest some money in any potential internet venture before beginning - and there is really no need for that so I would like to show you how to make money online without investment.

Before we look at each of the steps, I suggest you join the Clickbank affiliate network and also the Google Adsense program, as no matter what niche or market you will be operating in, both of these are highly likely to offer products relevant to your market.

How to make money online with no money step 1 - Research

This is the most important part of the process. There are plenty of free keyword research tools out there - the google keyword tool is excellent and will also give you monthly search volume in your chosen niche for your chosen keywords. Focus on search phrases of 3 words or more with a search volume per month of c. 300-500. Get a complete list of these search phrases. You now know the first step of how to make money online without investment.

How to make money online with no money step 2 - Build

To build your site - sse a free blog from Blogger or Wordpress - use one of your search phrases from step 1 as the address of your site, select one of the free templates and you are good to go. Now you need to write some content and put some advertising on to your site. So get your search phrases from step 1 and commence writing some articles around those phrases. Make sure your content reads naturally but your search phrases account for between 1% - 3% of the article content. If you are using Adsense to make money then each page should have an Adsense banner at the top of the page - the large rectangle generally has the better conversion rates.

How to make money online with no money step 3 - Promote

You have to promote your site if you want to make money online without investment and promotion can still be done for free. The most effective way to promote your site is through article marketing - so get writing! - follow the same concept as with writing content for your site with keywords at a density of approximately 1%-2%.

At the same time you should be building additional back links using social bookmarking, forum profile links and blog commenting

How to make money online with no money step 4 - Repeat

Once you have a solid level of traffic coming to your free website, it is time to move on to your next niche and start all over again. You have to keep doing this over and over again if you really want to make money online without investment and the more you do it the greater the potential rewards in the long term.

As you can see it really is possible to make money online with no money, it will take time but if you take action to achieve your goals you will succeed.