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Filling player work orders or selling gear from dungeon runs are two great ways to make money.
If you want some "passive" income take up mushroom farming or gardening. You can sell the mushrooms to npcs or sell the more in-demand mushrooms on your player shop. If you end up with a ton of extra empty bottles from gardening (they tend to build up), you can fill them with milk and sell them to other players also.
There are a lot of ways to make money in game. As you play more you will begin to see more ways to make money. Not because you are higher level, but because you have a better understanding of what other players want. It also never hurts to ask questions in the trade channel. If you have a stack of a material, just ask the channel whats a good price to sell it for. You might not even need to set up your player shop if you find people willing to buy your stuff directly from you.
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Yep. Mushrooms and gardening are both good ways to get some money. I grow mushrooms every day and there are several places to sell them for a couple hundred thousand a week.
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Vendors have more money if you get higher favor with them.