If you have been searching what is best way how to make money online then you are not alone. The majority of us are in the quest to do just that and in this post I will share with you my research and findings. You will be surprised if I tell you that perhaps by far the most widely use business model is Affiliate Marketing. Why? Because the barriers to entry is very minimal meaning you do not need a whole lot to get started and the potential to make money can be a full time income.
What Exactly Is Affiliate Marketing About?
Table of Contents
- What Exactly Is Affiliate Marketing About?
- Here Are Some Key Points To Remember:
- How To Get Started In Affiliate Marketing?
- Pick What Is Best Way How To Make Money Online
- Final Thoughts And What I Really Think
There are plenty of resources online where you can learn Affiliate Marketing. A simple Google Search will reveal information from many websites that you can learn from.You can even just go straight to Wikipedia and learn the definition of Affiliate Marketing.
If I were to define Affiliate Marketing in simple terms, it is just a way to get paid commission by promoting products and services. That’s just it as simple as that but then again the intricacies of your efforts in selling something to someone is really important to learn about.
These days, you can’t just say buy this or buy that because it is not going to work. You have to be able to learn the technique and capture your audience’s attention in a way that you are solving their problems or providing them helpful insightful information.
One valuable knowledge among the successful Affiliate Marketers is the comprehension of a process called The Customer Purchase Lifecycle. What this means is that you really need to understand the behavior of your customers not in a sense that you need to be a psychic or anything like that but rather just to know how to lead them the way to get ready and willing to buy what products and services you have to offer.
Here Are Some Key Points To Remember:
#1. Understanding Your Customers
You need to understand that customers are not always ready to buy the first time around. Why? Because it is a natural instinct for people to do all kinds of research before they buy.
They read reviews and browse all kinds of information online relevant to what they are looking answers for or needing help with and that means that by the time they are ready to buy, chances are they have left your website already and on to another website.
#2. What To Do If They Leave Your Website
You can’t really prevent this from happening that’s why it is important to have a marketing plan catered to this situation. One of the ways you can do this is by having an opt in page for which you can initially give away something Free in exchange of their emails. Why do you need to do this? Because you want to be able to market to them at a later time of opportunity.
This is how you would start building trust with your respective visitors. Building trust is the most difficult way of online marketing and one key point to remember is that you always have to provide value to your readers. When you do that, they will be much more incline to see what you have to offer. Don’t be a sales person but rather point them in the direction of helpful and insightful information.
#3. Your Call To Actions Are Important
Affiliate Marketing is a Lucrative business model and one of the ways to ensure you are doing things in the most ideal way is to have effective call to actions. These can be in many different approach.
You can create big buttons that are easy to see directing them to your offers or you can create internal links pointing them to your valuable pages or also known as money pages and from there, you can direct them to your Affiliate Links.
How To Get Started In Affiliate Marketing?
There are really just a few things you need to start your Affiliate Marketing Business and I could think of Five Key Ingredients. These are not everything you need but rather they are the main ones for you to get started.
#1. Pick A Product Or Service You Can Promote
Why is this important? The reason is because early on you need to be able to visualize how you are going to make money. After all, that is your ultimate goal. Once you have uncovered and decided in this step, then you are ready to formulate your next approach.
There are so many things to remember when you are building your revenue ready affiliate website and these can be researching what content you need to create, how you promote it and how to be on the first page of Google Results. Careful planning is the key and just as long as you know the vision of your Affiliate Website on how it will earn you money, I am certain it will give you the motivation to move forward day in and day out.
#2. Decide On Which Platform To Choose For Your Hosting And Website Builder
There are so many choices out there when in comes to making your choices and what works for you is all that matters. I myself am using an All-In-One Business Building Platform which is working out for me. I wrote a detailed review of them here and also I have another post outlining their features and benefits. It is very important to choose the right platform for your online business.
I don’t need to try to sell you that part because I know what works for me might not work for you and there are a lot of choices out there just make sure you are doing your research to make sure you find the right one. I chose them as my platform because I get an opportunity to learn all aspects of Online Marketing. I build, host and maintain my websites along with the opportunity to collaborate with like minded people with similar desire to succeed online.
#3. Start Producing Valuable Information And Fill Your Website With Content
What most internet gurus do not tell you is that Affiliate Marketing is not easy. What they do instead is sell you the dream of earning a lot of money in so little time or very little effort. They outline their expensive and lavish lifestyle along with showing off their earnings. The key here is to look at their materials to see what you can benefit from or learn from.
Don’t be swayed by their marketing tactic without doing your due diligence first in researching what you will gain or learn from them. The hardest part of being a website owner especially when you are starting out is the ability to product consistent valuable content. You must focus in this aspect of your online business in order for you to gain traction and can scale up. Producing content can be in many different form but mainly the objective is to create articles that can rank on the first page of Google.
#4. Never Stop Promoting Your Content
Creating valuable content is one thing and it will go hand in hand with promoting it. Utilize your Social Media Accounts to get your content across many different channels and I am sure you know most of these already. Facebook, Pinterest, Instagram, Twitter and Youtube are the ones you can effectively utilize. When you are starting out and you are a one person doing all these work, it can be daunting at times because there are so many things to do in so little time.
Perhaps a better option is focus on ONE social media platform that you can thrive first before utilizing the others. If you are a multi-tasking person and can handle many different things at ones then that’s great for you but remember the main thing is creating valuable content and promoting it is just as important.
#5. Scale Up Your Online Business
Once you start making money on your website, there are a lot of ways you can monetize it not just with Affiliate Marketing. Many people create their authority websites of which they can incorporate other ways to make money such as creating their own products and services. They can create their membership courses, eBooks, premium content and other types of continuity programs. There are also a lot of successful Affiliate Marketers that are focused on creating niche websites and what they do is they create multiple websites that are all making money with Affiliate Marketing.
These small niche websites are so laser focus that even if they want to expand, they won’t be able to because they are already reaching the full potential and that’s why these Affiliate Marketers are moving on to their next project of creating another niche website in a different topic. Just remember that the hardest part of the job is creating content so when that time comes that you are able to scale up, you can even consider hiring your very own writer or virtual assistant so that you can free up your valuable time.
Pick What Is Best Way How To Make Money Online
If you were to pick your choice how would you determine the best way? Isn’t it Affiliate Marketing the best way to make money online? The next time you visit a website, find out what they are selling or what they are marketing to you and often times that is the very nature of Affiliate Marketing. There are many factors to consider in order for you to decide which one. Ideally, your choice would be the one that will meet your goal.
Factors such as the time you are willing and able to invest in doing it along with your desire for short term goal or long term goal to make money. There really are a lot of ways to make money on a website not just with Affiliate Marketing.
Here are some ideas:
#1. Display Ads and Advertising Networks – You can sign up for Google Adsense or other similar ones like MediaVine and get paid by how many visitors your website is attracting. The more visitors you have, the more money you will earn. There are also ways you can sell Ad Space and what that means is you simply find a company or brand that is willing to pay you for advertising their products on your website. The downside to this is if your website is not popular and does not have a whole lot of traffic, then you won’t be able to attract those companies or brands to advertise with you.
#2. Create Your Own Products And Services – This can be in many form, it can be as simple as creating an eBook or creating your own membership courses. Your can provide training courses, consulting and coaching business.
#3. Create Software As A Service(SaaS) or Apps – This is way advanced when you are starting out but this is another way to make money online.
#4. Lead Generation – This is pretty much very similar to Affiliate Marketing in a sense that when you are providing leads and those leads become paying customers by someone else, you get commission by directing those visitors to them.
#5. Buy & Sell Websites – You may find this hard to believe but a lot of people are doing good business online just buying and selling websites. Why? Because it is a lucrative business model if you know what you are doing. The basic idea is you buy a good domain, fill it with basic good valuable information, let it age a little bit for 6 months or 1 year then flip it and sell through platforms like Flippa or EmpireFlippers.
Final Thoughts And What I Really Think
If you think about what is best way how to make money online, there really are a lot of choices but what sets Affiliate Marketing apart is the fact that it is easy to get started without the need of technical expertise or big capital spending.
It will also open up the door for other ways you can monetize your website once you get things rolling. So to recap the steps on how to get started:
- Pick A Product Or Service You Can Promote
- Pick Your Platform Where You Can Do Most Of The Things For Your Online Business
- Hammer Away On Producing Valuable Content
- Promote Your Content To The Masses
- Scale Up Once You Have Reach That Level Of Success Meaning You Are Already Making Money
Easy said than done isn’t it? Well, the success you attain is really always going to be dependent upon your own goal driven mentality. The hardest part of the job is producing valuable compelling content to your audience and not enough time of the day or night that you can dedicate doing it.
The good news is that there are ways to master your own time and organization skills. Give it a try and you never know where it might lead you.
And as always, Your Feedback is Valuable so if you have any questions, comments and/or experience related to this article, please share them in the comments section below.
I Wish You Success in Your Online Venture,