Making money online requires a lot of work and dedication especially if you are hoping to replace your job. Although there are plenty of people online that share their success stories, you may get frustrated midway once you realize that the tasks you need to do are too tedious.Many professional internet marketers are recommending an online alternative that has the properties of giving you automatic income once you are all set up. This alternative involves you setting up your own online business.It is not by any means a way to make money quickly, but once you get the business up and running, you can do other things while the business makes you some extra money. Before you start, you should know the different online business ideas that you can pursue so you are comfortable in the early phases.Doing the Selling BusinessPeople have been taking advantage of the many people that log in to the internet by offering products and services where online users can see them. People like the idea of shopping online because they can do it from anywhere and the products come to them. This is why there are many online services that easily allow ordinary people to set up their own online stores.You can manage your online store any way you like by uploading pictures of your products, setting prices, delivery terms, and more. Once you are accustomed with the online services, you might be tempted to take the customization further by setting up your own online store from scratch. This gives you added options such as the naming of your domain and template of your store.The Affiliate WayYou will not go far in the selling business if you do not have any products or services available. Even if you do have some spare items that you can put up for sale, replenishing stock can be a chore unless you know what you are doing.If you do not want to go through these tasks, you can find an affiliate that needs help in selling their products and services. You will not earn as much as direct selling since you will get a fraction of the sales, but you can focus solely on marketing your affiliate.You can set up your own website which will serve as the base of your online business. Your affiliate link will be the gateway to your earnings so all you need to do is attract as much traffic as possible and get the right people so they can go ahead with the purchase. Many affiliate programs teach new users how to get started so affiliate programs are a great choice as long as you have spare time.Jumping Internet OpportunitiesAffiliate programs serve as great practice for your internet marketing capabilities. If you want to turn these techniques into residual income, you can pursue one or more of the many online opportunities available. Many of these online businesses revolve around a multi-level marketing model so you can earn from your direct referrals and other people up to a certain degree. If you have some money to spare you can pay your way in but make sure the internet opportunity is trusted and actually pays.