How to make money online - Today most of the buying and selling are done online and obviously there are so many business models to make money on the Internet. The amount of money you can make merely depends on your ability and efforts. I always believe that ‘luck’ does not exist and it is only opportunities and how you use it! In business you will get the actual fruit of your efforts without any deduction and will have some employees or virtual assistants to work for you after growing to a certain level. Here I list down some of the common and effective methods that people use to make money online. However, I will discuss these methods and their sub areas in detail in later posts.
1. Affiliate Marketing
You will get paid to promote many companies’ products or to refer a customer to the company or to get some contact information of a potential customer for the companies, such as address or email or mobile number or credit card information or etc. The commissions that you will get for this will be higher than you think. For instance, you will be paid $1-$2 for getting a potential customer’s email, $2.5-$6 for address and so on, when you sell a product you may get more or less 50% of the price of the product. You just have to use your online traffic generating skills and if you are good enough you can make unimaginable money daily. A successful affiliate marketeer makes an average engineer’s or accountant’s monthly salary in one day or even lesser. There are many Affiliate networks to give you a wide range of offers from various companies, you can simple pick one or few offers and make a quite big money with that. Affiliate marketing is a wide area with many techniques and I will discuss the various aspects of affiliate marketing in later posts.
Ok, How to promote Affiliate offers? It will appear like a magic for the people who are not into this business. Affiliate Marketeers are capable enough to get thousands of targeted visitors to a particular offer within a short time (possibly minutes to hours). I will discuss these methods later. PPC Marketing, Search Engine Marketing, Social Media Marketing, PPV Marketing, Email Marketing, etc are some of the main methods used for this. If you understand the techniques they are much easier than you think.
2. Product Selling
Internet is a Market, and you can identify the market requirement and make a required product and sell it off to many people using your online marketing skills and resources. This also will give you a great income and the money you can make with this method has no limits. This is where some Entrepreneurs start a company. They identify a potential market and since they have the ability of selling that product they just pay a few bucks to some people who have a very good technical knowledge (An example scenario – Hire a good software engineer and get an out standing software developed paying him a monthly salary and make 1000 times more than that by selling that software to many – That is how the software industry runs and almost all engineers are stupid enough to settle down with a “Highly Paying” job and not to find their own business which can bring then a lot of money with lot of freedom.
3. Service Selling (Getting a project/order and doing it)
You are providing services to your customers it can be a Software development, Web Designing, Search Engine Optimization, etc. However this is less profitable compared to other businesses. You can make a good money with this business model if you have some people to work under you. This is how some or many small IT companies are being started and expanded further by hiring some people and paying them a monthly salary. This is the easiest method to make money but as an individual you will not make much money with this method. It was the entry point for many Internet Marketeers. I started my online money making as an SEO service provider & Article writer few years ago and left for Product selling & Affiliate Marketing after becoming an experienced Internet Marketeer.
4. Making Websites and Monetizing them (Google Adsense, CPA, Banner ads spaces, etc)
Here you should have good websites that get many of visitors per day. In order to get higher number of visitors to you should run a very informative website (It is not going to be very easy as you have to spend much time) or You should be an expert in Search Engine Optimization so that you can make your websites appear on top of google search for highly searched and highly paying keywords. And if you are a smart marketeer you will choose the appropriate monetization for each websites. For instance, if the traffic is coming from a “selling keyword” you can promote Affiliate/CPA offers instead of Adsense and make much more money. This method partially intersects with affiliate marketing too as the Affiliate/CPA offers also can be used to monetize the website.
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