It’s undeniable that the Internet is one of the coolest and quickest ways to generate income. The internet is not prejudiced to anyone, meaning that ANYONE can do it irrespective of age, gender, class, nationality, or creed. All that’s required is a working computer, access to the internet, and basic knowledge of the money-making system, and you can begin to make money online.
As you become involved in making money online, you have a limitless volume of clients the world over. It’s just like having your own business offline 24/7. However, the difference is, you can automate many of the tiresome tasks.
Anyone can begin to generate income online today with the technology now available. Even with minimum knowledge, you can start by following the directions and recommendations given here. It is unrealistic to expect to become a millionaire by tomorrow morning, or even by the next 6 months. Those who say you can are most likely scammers. Don’t forget, when it sounds too good to be true, it’s a scam.
There are many ways to make money online. However, to avoid information overload, it is advisable to focus on one at a time, especially when starting. Surveys conducted showed that information overload is the leading factor that contributes to %90 of newbie failures. Having said that, let’s examine the affiliate marketing way of making money online.
In its basic form, affiliate marketing is selling other people’s products online for a commission. This is an excellent way to start because:
- There isn’t the need to produce products of your own.
- You need not worry about product fulfillment or customer service.
- Owning a webpage is not necessary.
- It’s easy and fast to begin.
Because (for example) the world’s biggest online retailer Amazon.com uses affiliate networks, you can be sure affiliate marketing is a genuine business. (Amazon is a public listed giant company)
On joining their network, you are given an affiliate link – whenever someone clicks on that link, they are immediately taken to Amazon.com. You instantly make money if they purchase anything. The procedure is easy and short.
However, Amazon’s commission percentage is only 6% for newcomers, and it is going to take a long time to make even $100. For this reason, I suggest Clickbank.
Clickbank.com is an affiliate network that is highly credible and produces 350 million dollars in revenue annually. An affiliate network is a commission-structured sales scheme. You recommend a website to your website visitors and earn a percentage of any sales generated by them. An affiliate commission is what this percentage of sales is known as—the site benefits by the sales, and you by the commission as an affiliate.
I certainly endorse Clickbank to begin quickly and easily. Clickbank is suitable for anyone with a desire to make money online, and you can open an account there for free. I choose Clickbank instead of Amazon because Cnickbank’s commission percentages are generally higher and its conversion rates.
Amazon’s affiliate commission is between 6% and 10%, with only the top affiliates qualifying for the 10% rate whereas, the majority of the vendors at Clickbank pay affiliates around 50% and 75% commission. It appears you sometimes earn more than the vendor for the sales you make.
Amazon’s cookies (information stored on a computer) survive for 24 hours, while Clickbank’s survives for 60 days. For example, Johnny clicks my affiliate link, lands on Clickbank vendor’s site but didn’t purchase the product he intended to. 3 weeks later, he decides to buy the product and does so. Even though 3 weeks later, I still get the commission because Clickbank’s cookies information lasts for 60 days.
When someone purchases something from Clickbank, they can download it immediately and don’t have to wait around. Most of the items sold on the Clickbank affiliate network are downloadable information products, so you have no shipping cost. For the necessary training on how to make money online using Clickbank as an affiliate and other affiliate networks, go here.
Choosing Products to Promote
There are thousands of products in the Clickbank marketplace to promote, and the E-business/E-marketing type is among the best. Here are three reasons why this is so:
- You can generate more income selling because the percentage rates of commission in this category are 50% and over, and most of the products come with upsells. Hence, you stand a good chance of earning commissions on other products that the customer would most likely purchase.
- Because internet marketing and online business is an evergreen subject, you will never have trouble finding fresh and unique products to promote.
- Because e-marketing type products convert well as it is very competitive among online marketers.
As said above, the e-business/e-marketing type is only among the best of the lot to promote. The Health and Wellness type is just as excellent.
Affiliate marketing is a very profitable online business. It’s one of the many ways people make money online without ever going through product creation, and all it involves.
All you do is choose a product, sign up to its affiliate program, promote it, generate sales, and get paid commissions.
Affiliate Marketing Sounds Easy?
Up to a point… however, your success depends on your ability to drive… traffic.
If you can’t drive the targeted traffic, you are going nowhere.
No point in sending a Fitness Offer to people who signed up for a blog or newsletter about Knitting & Crochet and vice versa. Or advertising to people in areas of the world who don’t have disposable income or credit cards to make a purchase.
If you are doing Solo ads, Safe swaps, Joint ventures, and such the like, you always need to know beforehand that the traffic is suited to your offer. To ensure success as an internet marketer, both paid, and free ads should be targeted.
Yes, there is free traffic like SEO, and there is paid traffic. SEO is about getting your website ranked in search engines like Google and being found by people searching for exactly what you are promoting. Then there is paid traffic where you purchase it from social media platforms and other sources. Both can result in “0” positive results or very little when done incorrectly.
There are lots of free information products on Affiliate Marketing on the Internet today that are obsolete. In 2013 and earlier, those strategies worked but have no place in today’s digital marketing world. There are also obsolete paid ones around as well that are being sold to unsuspecting newbies. Many people are teaching and selling stuff that they don’t use in their own business, so you must exercise great caution when choosing someone to follow. However, it’s of uttermost importance that you find yourself a mentor.
What Motivates you?
It would be incorrect to say that making money should not be what motivates you to continue going on in internet marketing, as making money is one of the reasons I’m still at it myself. However, making money is not my only motivation to continue as an internet marketer, and it shouldn’t be yours either. If it is so, you may as well forget it now because you are not going to make it.
You will face numerous obstacles and challenges along the way that can be overcome only with your love for the profession. You must love internet marketing with a passion. It would be best if you were other people-centered. This is not about you or me but about providing solutions to your prospects and customers’ problems. If this is your passion, then you are in the correct place, so continue reading. If you think it’s not, then stop reading this article and go and find your passion and follow it!
Sometimes we look at successful people and believe they possess some unique talents that set them apart from others, and to some extent, that’s true. However, talent is not what sets them apart because we are all blessed with special talents that make us unique. What sets them apart from everyone else is they are not quitters. They sat out to achieve their goals and remained steadfast, refusing to quit for any reason at all until they finally succeeded. Simply put, they are consistent.
Almost everyone can recall a former schoolmate who continually excelled at high school. So much so that everyone expected the individual to achieve abundant success later in life. And as if by some stroke of ill faith, others who were much less bright went on to accomplish much, while the one-time school’s darling amounted to almost nothing.
Failure to be consistent will be the underlying factor for every justifiable excuse produced for our mate’s failure.
As good content is king, so is consistency.
It will take you from behind and place upfront, take you from the bottom and place you at the top.
Focus steadily on consistency while being consistent. When it comes to having your performance and business stand out, consistency is most effective.
Find a Mentor
Now go out there and find yourself a mentor and tutor to guide and provide all the training you need to build and expand your business. Find someone that teaches the same things they use in their business every day, revises and updates their training material regularly, and keeps relevant to the present time.
Nex, you must then be prepared to give it time and be consistent, as there is no quick and easy way to make money online.
If you are mindful of this throughout, you will reach your destination much faster than you think.