So your ready to start making money but you don’t know which path to take? I take it you’ve already read the “What it takes to make money online” post I posted earlier today? As a beginner, your best bet is not to re-invent the wheel but rather swipe a proven business model that other people are having success with. This is a great way to learn and if you can stay disciplined enough to focus on one project at a time then success is inevitable.
Let’s talk about some of the popular business models that people are using to make money online and then you can decide for yourself which direction to take. When I first started out I used a free course from Travis Sago called “The Bum Marketing Method” and it worked very well for learning the basics of affiliate marketing and Clickbank. Basically it consisted of writing keyword targeted articles for clickbank products and then posting them all over the internet at the popular article sites including USFreeAds.com. This worked great and I did make some money but nothing to pay the bills with. Before I begin rattling off the different models I have made money with I should express my honest opinion and that is that affiliate marketing with clickbank is probably the easiest way to learn how to make money online. Clickbank is just so large and there are so many other successful affiliates out there that are making money that it will be easy for you to find a “way” to make money with it. Obviously as an affiliate you aren’t limited to just Clickbank, there are several affiliate networks out there but Clickbank is the easiest on a beginner in my opinion.
Here are some business models I personally have had success with:
- Affiliate marketing via articles, blogs, email, review sites
- Site flipping
- Warrior Special Offers
- Selling my own products
- CPA marketing
As I mentioned, the easiest business model to get started with is obviously the free methods using articles and blogs as an affiliate marketer because there is literally no expense out of pocket. If you are on a tight budget than I recommend you check out the Bum Marketing Method course by Travis because it’s free and it works. If you are willing to part with some cash, you can find some decent programs that will teach you some pretty solid strategies for setting up a profitable affiliate marketing business. I don’t recommend going with any of the other business models until you have at least a steady daily income coming in from affiliate marketing. One program off I hand that I personally know is a good quality beginners affiliate marketing program is My Online Income System. This course breaks down every step you need to take on a daily basis for 60 days to become a successful affiliate marketer and all of the methods in the course are free to implement. Let’s talk about the other business models…
Site Flipping - At one point in my online career, site flipping was paying the bills and keeping me afloat while I got other projects off the ground. The key to this is creating unique sites that are either generating some sort of revenue or have really good potential to generate revenue. Your site is gonna to have to stand out from the rest of the site sellers out there if you plan on making a decent profit. The site I used to sell my sites is Sitepoint.com and their marketplace has become even more popular since I was using it about a year ago. Once you learn what people are willing to pay for you will know exactly which type of sites to create and how to price them. One way to see whats selling well is to go to Sitepoint.com and see which sites are getting the big buyouts and see if you can create something similar. There is a lot more to site flipping than what I have outlined here but I will put together a full post dedicated just to site flipping.
Warrior Special Offers - This is another model that will require some experience and time before it can be used as a money maker. A Warrior Special Offer or WSO is when you create a product outlining a technique for making money online or you create a cool new software or you have a valuable service to offer for a reduced price and you sell it at WarriorForum.com in the WSO thread. This forum is explosive in growth and I would estimate there are a couple thousands people on this forum at any given time. If you have a decent product that provides value you could easily create a WSO and get it in front of 10,000+ people over the course of a few days. Again, you need some experience under your belt and you need something of value to offer. If you try to sell a garbage product in this forum they will east you alive and never buy your stuff again.
Selling/Creating Products - Creating your own products is something that comes with time and some experience selling other peoples products as an affiliate. You really wont understand how to make your own product sell until you learn how to pre-sell other peoples products. Creating a product also takes a lot of time. You have to design the website, write a sales letter, create the product itself, program your website to automatically deliver the product to the customer after purchase and so on. Having your own product can be very profitable especially if it sells well and affiliates pick up the product and sell it. You literally sit back and let your affiliates do all the work. This topic will definitely be covered again in a later post as there are too many aspects to cover in this particular post.
CPA Marketing - This is another business model that has many faces but it’s fastly becoming one of the most popular ways to make money on the internet. You can sell products as an affiliate/publisher similar to selling products on clickbank and you can also become an advertiser and have thousands of other affiliates sell your products or generate leads for you. This form of marketing takes some advanced skills and usually a decent budget for making money if you are trying to make the big bucks. There are several little courses out there that may show you how to make a little money with cpa offers but most of the strategies are short lived and require a lot of work to keep going. This topic will also be covered at a later date in a dedicated post.
The bottom line is you need to start somewhere and I am suggesting you start slow and stay focused. If you jump around from one thing to another you will NEVER make any real money. You need to stick to one thing and work it over and over until it pops because when it does it will make you a lot of money.
Let’s make some money!
Kris
