You know you want to start a home based business and you know you want that business to be an online business, but you’re not sure which way to go. Read on to learn 3 effective ways of making money on the internet.
First of all, you need to understand that making money online is a legitimate way to make money. Unfortunately, a lot of the articles you find online about making money online give the profession a bad name. They’re either to invite you to another seminar, webinar, or to the next best thing online that’s a scam. The real and legitimate ways to make money on the internet are NOT get rich quick schemes. So, unless you’re 100% committed to spend the time to make it work, then this business is not for you and you can stop reading this article.
You could search online for companies that pay you to take surveys, but in my experience these companies don’t pay very much. I’m talking like less than $10 a survey and some of them take hours to complete. It got very old very fast and I found it to be a very inefficient use of my time. I’m not saying there’s not any good ones out there…I just couldn’t find any.
Sell on EBay &/or Amazon
This actually is a great way to supplement any income stream. You can either sell your own stuff, buy stuff on either eBay or Amazon and sell it on the other, or go to local estate sales or flea markets and sell your cheap finds online for a profit. I’ve actually thought about doing this but the thought of having to physically inventory items and then ship them to buyers doesn’t really appeal to me.
This is my personal favorite because it doesn’t require any inventory or overhead. If you choose the right company (and, believe me, there are hundreds of companies online that will gladly take your money and then leave you hanging), you’ll learn how to succeed online with a step by step system and hopefully, they will provide you with your own personal coach to help you get started.
Affiliate marketing is, in my opinion, the best way to make money on the internet legitimately. It’s just like any other commissioned sales job except the beauty of it is that you don’t have to sell anything. Your only job, as an affiliate, is to send people to the company’s website and the company does all the selling for you. Different affiliate programs pay different commission rates. Some pay 10%, some pay 50%, and others, like the one I’m involved in, pay 90%. It takes the same amount of effort to send traffic to a company that will pay you 10% as it is to a company that will pay you 90% so why not make as much money as you can. On the subject of how much money you can make, you need to understand that there are two types of affiliate offers. One is for low priced ebooks that cost under $100. Think about that. How many $49 eBooks would you need to see at most 50% commission to make the kind of money you’re dreaming about? Versus the other type of affiliate products that are high ticket (upwards of $30,000) where you could possibly make at least $10,000 per sale. There is no income guarantee here! I’m just giving you the possibilities. It takes work but it’s worth it in the end.
There are two things you need to do in affiliate marketing. First, you need to find a great offer and second, you need to drive traffic to it. What’s a good offer? There are so many companies out there that it’s hard to know where to look first, but my advice is to find a company that you can make the most amount of money doing the least amount of work. The best offers out there have a company behind them with a support staff that will help you along the way. It’s a system that you can leverage by using their already written sales funnels, done for you emails, done for you articles for your blog, and a team of sales people who will close the leads that you drive to them. A great offer also has all the training that you need to get started.
When you choose YOUR way of making money online, you should choose the system that offers you the highest converting products without you having to create your own. This is called leverage and the company that is working so well for thousands of affiliates all over the world is the one that I am using. It’s all about leverage. My mentors have just crossed the $1 million mark in just two years using this business model. This system offers these things to help us earn the highest commissions possible online:
- Their highly trained phone sales team who handle all the coaching calls and closing calls for us. All we do is collect on the commissions.
- Their live events where sales are made for us. They front the work and expense and we collect on the commissions.
- Their email follow up series. They write all the emails that are high converting and our sales are made on automation.
- Their offers, systems, and sales funnels. They spend the time to put together high converting offers, systems and funnels and we just drive traffic to those offers and we collect on the commissions.
- They provide all the training for the brand new partners. They have a system in place along with coaches who provide all the training and we can stay focused on building our business and driving traffic.
- And much much more….
It doesn’t have to be a long, drawn out process for you to start making money online. As soon as you get started with this system, get through the step by step system, and totally focus on driving traffic, you’ll be good to go.
Till next time,