There are many ways to make money online. Let me share with you the one that made me a success.
Earning Money Online
When I lost my first job, I started looking for ways to make money from home. Since I was using my computer a lot, it was an obvious choice to search for online opportunities.
My journey started with PTC (Paid To Click) sites, where you would earn a couple of cents by clicking ads or links in emails. After a while I realized this was not worth the effort. I expanded my horizon, and tried all the ‘make money online’ tricks in the book.
I don’t remember how I got there, but at one point I found myself making good money through affiliate marketing.
What Is Affiliate Marketing?
Commissions are variable. Depending on the niche, the affiliate marketer earns from 2% up to 100% of each sale he refers. (Yes, 100%, that’s not a typo)
The Internet Marketing Niche
Since I wanted to learn as much as a could about internet marketing, I read loads of guides and tutorials about how to become successful.
That’s how I ended up in the internet marketing niche: I started to promote products that showed people how to make money online.
100% commission
A couple of years ago, someone came up with the idea to reward affiliates with 100% commission on the front end sale, and a trend was started.
When I left the scene, a little over a year ago, new products were launched daily, all offering affiliates at least 50% - but often 75% or 100% - commission.
Let me give you an idea of the potential profits:
A person who has built up a reputation releases a new guide on how to drive viral traffic to your site.
The front end offer - the guide - is sold for $7.97 and the affiliate gets 100% commission.
The first upsell offer - a video course that shows you how to implement the tips given in the guide - is sold for $14.97. The affiliate gets 50% commission on every sale he refers.
The second upsell offer is a piece of software that will automate the entire process. It sells for $24.97, and again the affiliate will receive 50% commission.
Now, let’s do the math...
Let’s say you promote the front end offer, and you manage to refer 15 sales.
15 x $9.97 = $149.55
You get 100% commission, so all that money is paid to you.
From the 15 buyers, there are 4 that buy the first upsell.
4 x $14.97 = $59.88
You get 50% commission, so half of that ($29.94) is paid to you.
2 people buy the 2nd upsell offer.
2 x $24,97 = $49,94, of which 50% ($24.97) is yours.
If we add it all up, in this scenario you would earn $204,46 from one single promo campaign.
Multiple products are being launched every day. If you have the audience to promote to, you can earn big bucks.
How To Become An Affiliate Marketer
I hate to break it to you, but you don’t become a successful affiliate marketer overnight. It took me years to get where I was and to earn good money.
The first thing you need to start with is building an audience. You need people who are interested in the products you want to promote. You can do this by building a targeted audience on social media and/or get people to sign up for your email list.
To do this successfully, you need to bribe them with a freebie.
If you scroll down this page, you’ll find a signup link for my mailing list below my signature.
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There is no bribe, so it doesn’t work. None of you have ever clicked that link.
Now imagine I would put something like this at the bottom of my posts:
How many of you would click and sign up?
Right! You get it...
(Now, I’ve only added a download button to the ad, but it could also say: ‘Follow me on Facebook/Twitter etc.)
Resources
(DISCLAIMER: This paragraph contains affiliate links. I will receive a small commission when you sign up through these links)
First of all, you need a free product you can give away. There are loads of free membership sites in the internet marketing niche that provide you with new products with giveaway rights every month again. One of them is ResellRightsWeekly, of which I have been a premium member for years.
When you have built your audience, you can start promoting products. To find good affiliate deals, you can go to affiliate networks like WarriorPlus or JVZoo.
You choose the offer of which you think your audience might be intrerested in, and launch your promotion campaign.
No need to say that the bigger your audience, and the more promotion tricks you’ve got up your sleeve, the more money you will make...
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IFC
The article above is just a quick overview. Becoming a successful affiliate marketer has a bit more to it than I described.
When I signed up for SteemIt, I thought I could be doing an article series on internet marketing, but soon I discovered this niche was really undervalued - maybe even non-existent - on SteemIt.
You can imagine I was happy when I saw @apolymask post the ‘Make Money Online’ round in the #informationfinding championship.
Finally I could join the IFC, writing about a topic I knew something about.
I quit internet/affiliate marketing because after 15 years, I was tired of making the same ads, sales pitches and promo email series over and over again. Now, almost 2 years have passed, and by writing this article and creating the example ad above, I realized the passion is still there...
Maybe this can be the start of something new...
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This post contains affiliate links to Bitsfarm and Mannabase. I will receive a compensation if you use these links to sign up