The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
First of all, I’m not saying you MUST host your website at ClickBank. But if you’ve started building website using their Builder tool, it’s hard for you to move it somewhere else, not because they hold “hostage” to your website. It’s because the contents are built in such a way that it can only be shown properly using their Builder. When you move your website to somewhere else, you have to spend a lot of time re-doing all the content to make it look visually appealing. You get my point here? This is just like many other content/page builders. Once you stop using the plugin, your content is no longer readable.
If you’ve got experience and expertise in a specific area of business, there are hundreds if not thousands of business owners who would love to jump on a phone call and pick your brain. This can be an easy way to make extra money online and to hone your skills to use in your consulting or freelance business. Sites like Clarity.fm let you create a profile where entrepreneurs and business owners can pre-pay to book a phone call with you for a set amount of time. Whether you’re an expert in raising money for startups, building apps, or running a restaurant, you can make extra money selling a few minutes of your time to people in need.
The toughest thing for someone getting started is figuring out what to sell, whether they are a product creator or affiliate. It would be great if Clickbank spent some time showing websites and products that are doing a good job. I understand this can be tough, since many product and website creators don't want their hard work copied by a bunch of students! However, examples of successful entrepreneurs doing the same thing you're doing would be good for inspiration.
Are you just starting your first online business and not sure whether you want to be a product creator or affiliate? Personally, I prefer being an affiliate. It's not as glamorous as owning your own product, but I think it gets much closer to the idea of passive income. Check out how affiliate marketing creates passive income better than any other type of business.
Affiliate marketing makes it easier to scale because you're latching onto other metrics outside your own sphere of influence. Once you've found the product or service you can believe in, it's easy to promote that to people worldwide via the Internet. Furthermore, it leads you to ancillary products and services that might provide additional affiliate opportunities.
Tip: Aim for products with reasonable commission. No lower than let’s say 40 percent, to make your efforts worthwhile. Also, you should note that ClickBank deducts transaction fees from a sale. Here’s a calculator to help you calculate your actual commission. More so, you need to remember to disclose all your affiliate links and mark them as nofollow. Here are a few reasons as to why you need to do this.