How to Work Online and Earn Money
This is one of my favorite questions that people ask me a lot lately How to Work Online and Earn Money?.
Or people come up to me and ask me what should I do to start a business, how should I make money? I always say, affiliate marketing, and there is a reason for this because with affiliate marketing there does not need to be any startup cost.
You don't have to worry about business expenses. You don't have to worry about profitability or profit margins, because with affiliate marketing the way that it functions is you don't have very many expenses, so you can get started with this for zero dollars, although I would recommend, maybe having a budget of like a two to three hundred dollars, because you might want to start some training , get a domain name and hosting along with building a website for your affiliate marketing. This is why I love it.
The Problem: No Access to Capital, High Risk of Going Out of Business
To start a traditional brick and mortar company you need a minimum of $50,000 to $100,000, that most people do not have and can not borrow from the bank. And let's just say 1 out of 10 can find the money to start a business. How are you going to find more capital to market it, advertise it without prior experience and knowledge? There is a very high risk of going out of business within your first 6 months. The competition will eat you alive!!!
The Solution: Work Online and Earn Money
My business philosophy is to invest little and make big. Start with affiliate marketing without spending a fortune, find a reputable company who can train you on all the ins and outs of the business and start building from scratch by using other successful peoples expertise and knowledge.
How Can I Make Money by Working from Home
Affiliate Marketing is Your Solution
So let's just briefly go over what affiliate marketing is for those of you who don't know what this is or how it functions, and then we'll go far more in-depth later on in this article. Okay, so what are the basics of affiliate marketing and how can I make money by working from home.
With affiliate marketing, you are not the person who owns products, but you are just marketing them for a company. So let me give you an example here, and hopefully, this can be clarified for most people.
Okay, we all know that Adidas is selling a variety of products. The company has a very good quality of sports shoes and clothing. So what we can do as affiliate marketers, we can go out and market those products on our website or our YouTube channel or on our Facebook group or our Tick Tock, whatever it might be.
We as affiliate marketers get a custom link from the company whose products we are promoting, and through those custom links, the sale gets tracked to us for affiliate commissions when the customer makes a purchase.
Essentially what's happening is we are promoting products for other businesses and in return for promoting those products, we are getting some of the commission.
We are getting some of the revenue from the sales of those products. So, for example, sometimes I promote VPN services right or I might promote LifeLock or some different types of services. Every time that somebody clicks on a special link that is designated for me and then they buy something through that link that they have clicked on, I then will get a commission for sending them over there now.
So this is how affiliate marketing works.
Now you might be asking: how do you get this link from a company? There are different ways to do that, but the most common one is to go through affiliate networks.
One more great benefit to affiliate marketing is that we don't have to deal with some of the things that most businesses have to: allocate time for dealing with customers who maybe are unhappy with a product, or maybe your product breaks and then the customer is not happy. Our goal here is to just market the product for the business, send the customer over there, and once the customer is at the company your job is done.
In the past, I’ve run other companies as well, and I can tell you that affiliate marketing is probably the most hands-off out of any of these, because we just have to worry about getting the customer to the front door and once they're in the door, then it's, not our problem anymore.
I want to bring up another clear point here so that everybody is on the same page.
It's very important to take your integrity very seriously and not to promote bad or low-quality products as it will hurt your reputation and people will not take you seriously. Therefore before promoting any affiliate products you need to do your homework. Don’t be the person who does everything for profit. Think about quality first. You want an audience of people who trust your word and want to come back for more purchases. That is called integrity.
So make sure out of all of this, that if you ever promote products with affiliate marketing that you use those products yourself or you like those products or you've at least done your due diligence to read other reviews and see what other people are saying about the product and have a good understanding of whether this is something that you want to attach your name to or if it's, just garbage.
If you are asking yourself how to work online and earn money, the answer is to avoid expensive brick and mortar startups and start learning new internet strategies of promoting other peoples products that you personally love and would recommend to a friend or a family member. Affiliate marketing is the safest and fastest way to get your business up and running.
Right now, what kind of products would you promote as an affiliate marketer? Leave it in the comments.