The Best Way to Make Money Online
The Best Way To Make Money Online
I think you’ll agree with me when I say that one of the most commonly asked questions online is “What’s the best way to make money online?“
If you posed that question to ten different marketers, you’d probably get ten different answers. And every one of them would be correct. Because everyone who is successful online is so, because they know what they are doing.
So, the best way to make money online is to get educated about the online industry and to learn how to do the things that need to be done in order to be successful.
Getting Educated
Getting that education and training would be the most effective and profitable thing anyone could do if they are wanting true success online. After all there are hundreds of thousands of people online who are not marking any money because they simply don’t know enough about what they are doing.
Many Ways to Make Money Online
There are hundreds of ways to make money online and each one is as good as any other. It comes down to which way suits you best. You need to find a method that appeals to you and develop a process around something that you can become passionate about.
Because there are so many people online these day, (some 3 billion and increasing daily) who are searching for information on the internet and willing to exchange money for solutions to problems. The best way (in my opinion) is to connect with some of those people and to make commissions by standing in the middle of some of those transactions, selling other people’s products.
I’m Talking about Affiliate Marketing
Here’s why it’s so good…
- You don’t have to create a product,
- you don’t have to handle customer support,
- you don’t have to deal with the hassle of running your own business…
All you have to do is connect with people, who are looking for specific information and solutions and then direct those people to the precise web page offering the best solutions and collect commissions for doing so.
One Big Advantage
One of the main things that make affiliate marketing so great is that having, or creating your own products, isn’t necessary, and there is the added advantage of not having to deal with customer support, complaints or refunds.
The only thing an affiliate needs to be successful is some internet marketing skills and the desire to succeed. But don’t worry if you don’t know anything about marketing online because I will direct you to some fantastic information and resources available on that subject shortly.
I’ll even give you a recommendation of the best place to get an online education that you can start today for free.
Getting Started
Getting started with a business requires a website, and if you have never created a website before, you might be floundering and wondering what you can do. However, there are ways that you can create a website that stands out, attracts visitors without paying a lot of money if any at all.
Choosing the right website builder that gets the job done right can be tricky. Because there are many sites that say, “free” when you Google ‘how to build a free website for business,’ but unfortunately many of those have hidden costs that you only find out about once you have signed up and given them your credit card information.
How to Build a Business Website
There is a better way to learn how to build a free website which is the smartest option I know. I say smart because you get to learn how to build an internet business the right way from day one and once you have learned the ‘how’ you can continue to apply those lessons to as many websites as you desire.
You will not have to put up with a lacklustre website, with limited functionality that most of the free versions, offered by those website creators, give you.
Building the business website is the easy part, building a successful online business is not so. There are important behind the scenes considerations that need to be taken into account, which has nothing to do with how flash the website looks but more to do with what you don’t see.
Things, such as keyword selection, Search Engine Optimization (SEO), site indexing, adding images & videos and then getting traffic. Not to mention implementation and management of the entire process.
If you are like most business owners starting off, you will want to cut the learning curve, eliminate the struggle and you will probably be tempted to employ someone else to do it for you. Or outsource the project entirely. But the problem is that you will still be in the dark as to whether it will be a successful website or not.
How to Build a Great Website
I recommend wealthy affiliate because not only will you get a great education and advanced knowledge about website construction, traffic generation, SEO, keyword research, content creation. But you will learn invaluable lessons while developing a new skill very quickly and easily.
With Wealthy Affiliate, almost anyone can build a beautiful looking, revenue ready website in less than 30 seconds but more importantly, you begin the education you need to become a successful long term, online marketer, and business website owner.
Not only does the program includes easy to install websites, optional templates with lots of “add-on” features and functionality but it also includes hosting, auto-responders, indexing, spam protection, and all the latest plugin technology for the efficient implementation and management of your entire website and you get this for free.
Plus lots of support and helpful answers to all your questions from within the WA community.
So Grab the wheel and take Wealthy Affiliate for a test drive, it costs you nothing to see if it’s for you or not.
Take Wealthy Affiliate Out For a Test Drive |
Affiliate Programs
So now we have taken care of building the website and how to get started with you education. Let’s dive right in and talk about some simple tactics that affiliate marketers can use to increase their chances of success.
If you want to know more about becoming successful at affiliate marketing and learn the five qualities, you can’t do without you might enjoy this link to this post here.
When you first join an affiliate program, you are given an affiliate link that goes to the website of the product owner. This particular link is encoded with your unique affiliate ID and when you send someone to the product owners site through your special link, and they make a purchase you receive a commission.
Choosing The Right Affiliate Product To Promote
One of the best ways to choose a product to promote is by deciding whether or not you are interested in purchasing the product yourself. If that is the case, chances are, there are others who are also interested in it as well. Of course, you can’t just base your decision to promote an affiliate program on whether or not you like the product, but it is a good place to start.
Always get to know the product and program you are considering. Knowing the kind of program, you are getting yourself into will help you anticipate and prevent any future problems you may encounter. Do some research and don’t be afraid to ask questions before you join.
Some other things you should consider.
You will want to look for a program that is of high quality. For instance, look for one that’s associated with many experts in that particular industry. This way, you can be assured of the standard of the program you will be joining.
Look for the ones that offer real and viable products. How do you know this? Do some initial research. If possible, track down some of the members and customers to give you testimonial on the credibility of the program.
Does the program cater to a growing target market? This will ensure you that there will be a continuous demand for your referrals. Do a little research and make inquiries. If there are forums and discussions groups related to the product topic, participate and look for reliable feedback.
A program with a compensation plan that pays out a residual income and a payout of 30% or more would be an excellent choice. There are programs, offering this kind of compensation. You just have to look closely for one. Don’t waste your time with programs that do not reward substantially for your efforts.
Select programs that have pre-made tools and resources that can help you grow the business in the shortest possible time. Not all affiliate programs have these capacities.
Does the program offer strong incentives for customers to make additional purchases or for members to renew their memberships? Affiliate programs that provide continuous help and upgrades for its products have the tendency to retain more customers. These things can assure the growth of your business.
Here are Some of the Questions you Should Ask
Will it cost you anything to join?
Most affiliate programs today are free of charge. So why would you settle for those that charge you some dollars before joining?
What is the amount of commission paid?
If the program pays per sale (which are the ones I prefer) you can expect to make anywhere from 5% – 75% depending on the program.
These are just some of the questions that need answering before you enter into an affiliate program. You should be familiar with all of the important aspects of your chosen program. They can help you select the right program for your affiliate business.
See this article link to find out more about Affiliate commission programs
Find Out more about Affiliate Commission Programs |
Use Unique Content – Don’t Try to be all Things to all People
First, let’s talk about using unique content on your web pages to promote each separate product you are marketing. It’s imperative not lump all of your chosen affiliate programs together on one website just to save some money on web hosting. Don’t try to be all things to all people – you are not Walmart
It is best to have a site or at the very least a subdomain focusing on each and every product and nothing more. This way you can streamline and target your marketing efforts for better results.
Something Else
Another thing you can do is to include product reviews on the product web pages you set up, so visitors will have an initial understanding of what the product can do for those that buy them.
When possible collect and include testimonials from users who have already tried the product as this helps increase credibility and convert more visitors into buyers.
Including articles that you write that highlight the uses of the product and posting them on the website as an additional page will also help increase your free search engine traffic and chances of success.
Be sure to make the pages attractive, compelling and include calls to act on the information. Each headline should attract the readers to try and read more, even contact you. Highlight your unique points. This will help your readers to learn what the product is about and will make them want to find out more.
See this link to the article learn more about how to write great website content
See How to Write Great Website Content |
Get Names & Email Addresses
Next, let’s talk about collecting contact information by offering free reports to your prospects. This does two important things for your affiliate business. It allows you to educate further your prospects and follow up with them in the future with more information on the products you offer.
For this to work, you will need a good autoresponder service. You will want to create a short report and series of seven to ten autoresponder messages that will be mailed to people who sign up to receive your free report.
According to research, a sale is usually closed on the seventh contact with a prospect, so this is an important reason you will want to create a series of follow-up messages.
Creating Content
When you are creating your content, focus on important points like how the product can make things easier and more enjoyable for people who purchase it.
Include compelling subject lines in the email. As much as possible, avoid using the word “free” because there are still older spam filters that dump that kind of contents into the junk folder before anyone reads them.
Try Hard
Do your best to convince those who signed up for your free report that they will be missing something big if they don’t take the time to at least check out the product or service you’re recommending.
Be sure that the content is directed toward specific reasons to buy the product. Don’t make it sound like a sales pitch. Keep in mind that by providing useful information to your prospects you will increase your chances of making a commission.
See this link to find out more about Building a List
Learn How to List Build |
Traffic, Traffic, Traffic!
Ok, I want to touch on one more thing that you can do to increase your chances of affiliate marketing success. That is getting traffic. The kind of traffic that is targeted to your product. Just think about it this way, if the person who visited your website has no interest whatsoever in what you are offering, they will be among those who move on and never come back.
That may not sound like much for all of the work you put in, but statistics show that 1 out of every 100 people is likely to make a purchase.
You Need One Thousand
If you can generate, a 1,000 targeted hits for your website in a day, that means you can make ten sales based on the average statistic, and the best thing is that the website will continue to work for you every day, even after you have moved on to promote another product.
Once you have completed the process once for one affiliate program, you can move on to the next, and soon you’ll end up with a good source of income as you create a thriving affiliate marketing business.
See this article link to find out more about how to Get Traffic
Learn How to Get Traffic |
Tips to Boost Your Affiliate Commissions
Remember there are thousands of affiliate programs online so you can be picky. You want to take your time and select the best so that you can focus your time on promoting it to your visitors.
Create a free ebook which links to your affiliate website. The subject of the free ebook should entice your target audience to download it. Then just advertise your free ebook on your site.
Or create a free newsletter build around the topic of your chosen product. It doesn’t have to be fancy, just informative and helpful.
Use product reviews and testimonials. They are one of the best methods to help make a sale. That’s why you will see testimonials on a sales page.
Take your time and write intelligent product reviews of the products you are marketing and collect testimonials from the people who purchase from you.
Use a blog to provide useful information in your niche and include your well-written product recommendations. When you post regularly, you’ll be able to start generating a steady stream of traffic and sales from the search engines.
Just be sure to keep your blog focused on good keywords that relate to the products you are promoting.
Build a list of prospects. The easiest way of doing this is by providing an email opt-in on your website. Ideally, create a system where you offer a bonus if the visitor joins your list. Use a good autoresponder system to collect email address and load a series of 7-10 emails with useful information and free resources.
As time goes by your readers will find your information useful, and you will be able to convert them into paying customers.
In Summary
There is a lot to learn about making money online and a ton of information to pull together. Fortunately I have a complete Video training course of over 300 video tutorials that will teach you everything you need to know. You can find out more at the end of this post.
In my opinion the best way to make money online is to make commissions by selling other people’s products. You can do this via affiliate marketing because you don’t have to create a product, and you don’t have to handle customer support, you don’t have to deal with the hassle of running your own business, all you have to do is send traffic to the marketer’s web page & collect commissions.
Finally
If you enjoyed this article “The Best Way To Make Money Online” please feel free to share socially or leave a comment below.
“Oh… and if you do leave a comment, I will reward you with a free PDF copy of my book, Video Marketing Made Easy So, please accept my bribe and leave a comment. Don’t forget if you want to get access to over 300 ‘How To‘ Video tutorials, that will teach you everything you need to know about how to work online from home. You should check out this link below”
With so many directions to choose from when it comes to making money on the web, it can be challenging to pick the right one.
And on top of that, you’ve got numerous scams which makes things even more difficult because folks end up falling into traps and losing a bunch of money which can also be disheartening.
But it’s great to land on your website and actually learn about affiliate marketing and building a website for creating a successful online business.
I also found it interesting to learn about making 10 sales from 1,000 daily visitors because it sure puts things into perspective and makes the idea of building out a website even more exciting.
What’s even more awesome is that we are in total control of our affiliate marketing businesses and can increase traffic and earnings from working even harder.
Thanks ever so much for the tutorial videos too which I’ll definitely check out.
Cheers.
Neil
Hello, Neil. Thanks for your comments and yes there is a lot to learn about making money online and a ton of information to pull together. Fortunately I have a complete Video training course of over 300 video tutorials that will teach you everything you need to know. Many people have got this course and love all the information. Hope you enjoy the ebook that is coming your way.
Hi Peter,
Thanks for that interesting posting n the best way to make money online. Getting educated- that is, the right training- is indeed the key to getting to do whatever one aspire. And that also includes making online income.
I used to think that I could do it on my own but my scanty knowledge in website creation, SEO, among other things necessary for online success became too overwhelming. I fully support you when you recommend Wealth Affiliate. It hjas really helped me personally.
.
Boniface from SmileAfresh
Hello, Boniface. Thanks for your comments. Yes. WA is certainly a great place to get the much needed online education to become successful online. I am pleased you found the post interesting and informative. I hope you also enjoy the ebook I am sending your way. 🙂
Hey Peter,
great content and very thorough information on making money online. I’m still a newbie online marketer and trying to transition from my job to working full time online is a great sacrifice. I haven’t done it yet, but everyday I’m working on it. What affiliate was your first online income?
Thanks Tony
Hello, Tony. Promoting WA was the best thing for me as I could write about it from personal experience so I promote it every chance I get. The advantage of WA is that its also an ongoing commission if the person signs up as a premium member and remains so. Thanks for your comments and please enjoy the ebook I am sending your way. 🙂
This is really cool. It has always been a dream of mine to quit my regular job and become a full-time internet marketer.
But like anything worth having, that is easier said than done. Its just that there are so many scams online that just want to take your money and run with it. So it really makes it hard to tell the real from the fake.
Do you have any recommendations on where I can learn the basics of online marketing? Great tips, I am going to share this on my Facebook.
Hello, Garrett. Thanks for your comments and yes, I recommend wealthy affiliate because not only will you get a great education and advanced knowledge about website construction, traffic generation, SEO, keyword research, content creation. But you will learn invaluable lessons while developing a new skill very quickly and easily and you can join for free. Thanks for your feedback and I trust you will enjoy the ebook that is coming your way. 🙂
I really enjoyed your article. You pointed out some great ways to make money online. I have been learning how to become an affiliate marketer but I haven’t quite grasped the email aspect of the business. Do you have any tips on products I could possibly offer to grow my list?
Hello, Josephine. Thanks for your comments. I do have a post about email marketing List Building for Newbies which you can view for more details. And I have another post about where to source products Part Time Work Online which you will also find interesting. Enjoy the ebook I am sending your way. 🙂
I was impressed by the structure that illustrated a
design that “enticed” visitors to wonder about the
the piece of news they would be exposed to next.
The flow of information was smooth and well organized.
I took “special” note of the car with a Wealthy Affiliate
sticker on the steering wheel! As most websites offer
a free “test drive”, your’s stood out as unique.
The content contained information to inform visitors
of pertinent information while also worded in such a manner that would encourage questions.
Was this intentional on your part or just your style of writing? I think the former. Right? Wrong?
I was really impressed and I think you should be very
proud of your creation!
Hello, Ken. Thanks for your comments I am please you have found my post interesting and informative. How I write is just my style of writing and I present the information in a way that makes sense to me. I hope you also enjoy the book I am sending your way. 🙂
I wish I would have found this site earlier! I paid like $80 for pretty much this same info elsewhere! Thank you so much for sharing your experience and knowledge! I cannot wait to get to the level you are at. That is my dream, to quit my current call center job and do affiliate marketing full time! I was reading here and I find the e-mail stuff fascinating. I think that building an e-mail list is probably one of the best things you can do for long-term profitability. I was just wondering, you say to find some good auto-responders. What kinds of things should I be looking for in an auto-responder? Thanks again for the very informative article! I can’t believe this info is free here!
Hello, Fredcanfly. I have couple of posts about autoresponders, you could begin here; Aweber vs GetResponse Review which should answer your questions about autoresponders.Thanks for your comments and enjoy the book that is coming your way. 🙂
This is a very in-depth write up about affiliate marketing. It is great to read and I love how much knowledge there is in here. I have been doing this for a few months now and I love it. There is so much to learn and try, and while I may not be making any money yet, I know it will come eventually. Wealthy Affiliate has been a haven of wonderful knowledge and I don’t think I would be as far into this adventure if it wasn’t for that site. Thanks for sharing this. It was a great refresher to read through.
Hello, Leah. Pleased you have enjoyed the post and check you inbox for the book I am sending your way. I agree with you about WA they are a great resource and an excellent place to get an online education. Thanks for your comments. 🙂
I have always wondered and or wanted to learn how others make money blogging or get paid to travel. Laying out the path of learning to make money online and where to go to find those resources out is awesome.
I hope I can have a money making website in the near future!
Hello, Lo. Pleased you have enjoyed my post and I wish you success in the near future. Please enjoy the book that is coming your way as, my personal thank you for leaving a comment. 🙂
So much information to take in here! Wow, great stuff! I’m going to have to bookmark this page and come back a couple of times to make sure I get it all.
I’ve just started my affiliate website and easily get distracted away from the fact that I need to be focused on creating content that drives traffic. Traffic comes first!
How much traffic should I expect to have withing the first 6 months? I know it is niche dependent, but is there a rule of thumb? And then what about conversion rates? I’ve seen some as high as 12%. Has than been your experience?
Hello, Kmv. Thanks for your comments. There is no rule of thumb because traffic is only one aspect, your conversion ratio is another. Having a large volume of traffic with a small fraction of conversions is worse than a having low traffic volume but very high conversions. As you said its niche dependent and our success is all relative and personal. What may be success to you may not be for you and vice versa. Thanks again for your comments. 🙂
This right here is why I love affiliate marketing! I have just started my venture thus far and it has been terrific the learn the ins and outs of what it truly is all about. I knew nothing about affiliate marketing until recently, and your article has helped confirm some things for me that I needed to see. I appreciate your feedback, thank you.
Hello, Ryan. Thanks for your comments and I appreciate your feedback. I am pleased you have enjoyed the post and watch your inbox for the ebook I am sending your way. Cheers 🙂
Hi Peter
Your site is beautiful. I love the blue theme!
Content is amazing and you certainly know your stuff.
I discovered so much from your post, but the part about capturing emails is really important.
This is in my opinion, the reason why we should have a website!
Great stuff and more success in sharing your knowledge.
Tim
Hello, Tim Thanks for your comments. Pleased you have found my post interesting and informative. I sure you will enjoy the eBook that is coming your way. Cheers 🙂
Hi Peter and very thorough site! It carries so much weight in the affiliate industry! Your video is great and to the point. There’s is so much I could learn from you and this site to expand my knowledge of affiliate marketing. I look forward to spending more time here and appreciate your creating it! I wish you continued success in all you do!
Hello, Erin Thank you for your comments and I appreciate your feedback. I am pleased you have enjoyed visiting my site and have found it informative and useful. Enjoy the book that is coming your way. Watch out for it in your inbox. 🙂
I totally agree with you that affiliate marketing is the best option for people who want to earn money online. There are no scams and you are your own boss, you are in control of your time and dedication. One thing that people dont understand is that there are no magic button that will bring them instant money…
Hello, Daniel thank you for your comments. Yes it takes work and deception but once you are set up it its a great business model that gives you time freedom to enjoy your life. Hope you enjoy the ebook that is coming your way, as a personal thank you for leaving a comment. 🙂
Yep, I agree, traffic is one of the most important things you need in order to make money online, if not the most important one.
You also have to take into account that if your niche is too broad then it will become harder to add enough content to keep everyone satisfied, remember to choose something specific.
Hello, Nahim, Yes the best way to make money online is to make commissions by selling other people’s products. You can do this via affiliate marketing because you don’t have to create a product, and you don’t have to handle customer support, you don’t have to deal with the hassle of running your own business, all you have to do is send traffic to the marketers web page & collect commissions. So finding a product is already selling is a great idea as you then know there is an existing market for it. Enjoy the book I am sending you for leaving a comment. Cheers 🙂
Wow, I am so happy I found this article, Peter! You’ve got me thinking now about Affiliate Marketing and Building my own website! I have been looking for an online business opportunity and I had a good vibe after reading your article. Not like the other online business suggestions I found before. I wonder how long does it take to build a website and how long before I start making any money? Thank you!
Hello Lena, All good questions my friend. Firstly building a website is quick and easy and Wealthy Affiliate will show you how to do that for free and as for making money well that entirely depends on you. My suggestion is to begin the program, build your first website and follow the lessons.
Thank you for your comments 🙂
I couldn’t agree more. Wealthy Affiliate is a great way to make money. I started with another program that showed me the basics. It was completely free. It was a good start, but at the end I could not get traffic to my site. I am almost finished with the second step with Wealthy Affiliate and I have learned so much more. I would recommend this site to anyone wanting to learn how to make money online.
Hello, Brandy Thank you for your comments and yes Wealthy Affiliate is an awesome program for learning about creating a business online. I also think that Affiliate Marketing is the best way to connect with some of the 3 billion people who are searching for information online and who willingly exchange money for solutions to problems. This provides us with opportunities to ‘solve’ some of those problems. Thanks again for your feedback and I hope you enjoy the ebook that is coming your way. 🙂
What an excellent web page! You have great pictures, and you are so organized and clear in presenting Wealthy Affiliate. Your content is very easy to read. I will suggest this page to people I know so that they will learn more about Wealthy Affiliate and learn the best way to make money online. Great job!
Hello Ryan and thank you for your comments. Pleased you like the content and that you took yur time to leave a comment. 🙂
I must say I just had to bookmark your site. Well written and loaded with quality information. As an affiliate marketer myself I am sure I can find all kinds of very useful information to help me with my own business. I also appreciate your touches of humor. You obviously have a very wide and useful level of knowledge.
Hello Ellen Thank you for your comments and I appreciate you leaving a reply to my post. I am pleased you liked it. Pleased enjoy the book I am sending you 🙂
Even I think affiliate marketing is a good way of starting an online business and off course, it is a hassle free but involved with lot of hard work. I like the concept of creating free ebook and newsletter. I will definitely try these things and I think, it will definitely boost up the business.
Hello Sangeeta Yes a newsletter or an ebook is a great thing to offer your readers so if you can create one it will be well worth your time and energy. Thank you for your comments and I appreictae you dropping by Thank again 🙂
Hi Peter! You offer some great information here about starting an online business. I do Customer Service at my real job, so I like the idea of doing Affiliate Marketing and not having to deal with the actual products and product issues.
I just recently started my own website, and I see that I am indexed by Google. If I make changes and/or additions to my pages and posts ….. do they get indexed again, or are they just indexed the one time when they first get published? Thanks!
Hello Brittni Sue Thank you for your comments and as far as google goes that are indexing all the time which is why you should always be adding to your site on a regular basis because it will help with your rankings. Affiliate Marketing is a great business to be involved with, but it does take time and effort. Thanks again for your feedback 🙂
Hey Peter,
I definitely think Affiliate marketing is attractive because of the reasons you mentioned. It’s nice not to necessarily deal with physical products yourself – and so many brands need help selling to consumers – why not give them a lift? There are lots of great products out there. So I like this method. Thanks for suggestions on how to improve affiliate earnings as well.
Best~
Maria
Hello Maria Thank you for your comments and yes there is so much we can promote as an affiliate marketer and that’s what makes it such a great business to be in. Thanks again for leaving a comment 🙂
Great website with fantastic content!
The pictures are gorgeous and it was a joy to read.
The site itself looks and feels clean and professional. Which it is.
Your tips are great and would be extremely helpful to anyone (new or old) needing help with money. It definitely gave me a much better insight.
Well Done! 🙂
Thank you Stephen appreciate you visiting and commenting on my site pleased you liked it thanks a again 🙂