Everyone’s had a friend ask to borrow money before. The internet makes it possible to turn your peer-to-peer lending into easy online money. Peer-to-Peer (or P2P) lending is a great way to generate interest on the cash you have on hand. The interest you earn will be really high, even more than an online savings account! That makes this one of the most legit ways to make money online.
Some subjects are much better paid than others, so although you may love the idea of writing about travel (badly paid) a better bet would be a niche like finance (much higher rates of pay). Check out the Pro Blogger job board for high paid freelance writing jobs – other places to look might be Textbroker or you can look at the “gigs” section on Craigslist.
As an affiliate, all you have to do is sign up for a ClickBank affiliate account and then start browsing their marketplace which lists all the available products from their partner vendors. Once you find a good product (we’ll get into that in a moment), ClickBank will give you a unique “affiliate link” that points to the vendor’s sales page. All you have to do then is make people buy through that link. You earn a commission for any sale made through your affiliate links.
Affiliate marketing is great because you can promote anything even if you don’t have your own product or website. This course takes you inside Clickbank to get to know the types of products that you can sell and how you can sell it fast. This is perfect for beginners who are still looking for a course where they can learn the basics of affiliate marketing. It is also good for beginners who are budget-conscious or those people who don’t want to go through the trouble of buying a domain and hosting when they don’t know what they are doing.
Once you sign up to become a vendor with ClickBank, you’ll immediately get assistance from ClickBank to help you master your first steps toward generating an additional income stream. ClickBank vendors’ success all boils down to following a simple business model that has the power to transform your knowledge into a profitable business. They’ll make sure you know what’s needed from you to get your product listed as fast as possible.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
Let me add a comment and an idea about Chris Farrell. His teaching method is very good. He goes one step at a time; his video library is extensive; the fee for his Membership site is well worth it. I have two monitors and it's a snap to watch/listen to his videos on one and follow the instructions on the other. With the stop/go feature on the videos, it makes it real simple for an Idaho Farm Boy.
Gerry knows what he’s doing when it comes to Facebook ads, even though I don’t do affiliate marketing with paid ads anymore I’ve taken what I learned from Gerry and have applied to running ads for my own lead generation business or to promote our own lead gen coaching program. From my experience, those do better with paid advertising because its your own product or service so you have much bigger profit margins to be able to afford the paid traffic, with affiliate its really tough because you’re still selling someone else’s product so your margins are slimmer.
5. Fiverr – Fiverr is a great place to make a few bucks or spend a few bucks if you need some of the services people offer. Basically, everything is $5. You either pay $5 or charge $5. They call them “gigs.” You can offer your services however you choose. If you sell art and you’re fine selling pieces for $5 each, that’s a gig. If you’re a graphic designer and you want to offer your services for $10/hour, simply offer a 30 minute gig. If they need two hours of graphic design, they pay you $20, or $10/hour by buying four gigs.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Cafe Press: This website allows you to create digital designs that can then be sold on the platform. You'll earn a commission for everything that sells and you'll never have to deal with logistics like printing, warehousing and customer service. If you have some graphic design skills, then this is a great potential source for your web-based income.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop.
One of the most sought after and highly recommended course is this one on Guide to Effective Affiliate Marketing Strategies by Kudus Adu. Not only does he focus on create an affiliate marketing strategy, he focuses on best practices to create money pages, tells you how to build your email marketing list and how to profit from it. He clearly asks people looking for ‘get rich quick strategies’ to stay away from the course. More details here.
Rakuten Affiliate Network (LinkShare) is one of the most popular affiliate networks around, and they give you the chance to promote some top brands. While they may outdo Clickbank on the brands you can promote, signing up for Rakuten Affiliate Network is a more complicated process and you have to apply to every advertiser you wish to promote; it’s not certain they will accept you. In addition, the commission rates are not quite as high.
The basic strategy is this: Post interesting content consistently with relevant hashtags. Use a service like Hashtagify for hashtag ideas. Follow users in your niche and engage with their posts. I also know a couple of people who grew their Instagram accounts quickly solely depending on shoutouts from influencers. You can use a service like ShoutCart for that or contact influencers directly (most of them list their email addresses in their bios).
ClickBank definitely works as far as tracking your sales and paying you your commissions. There are affiliates out there making a full time living, and even getting rich from it. However, this is the minority and the 20/80 rule might be more like 5/95 or even 1/99. There are a few super-affiliates that are absolutely killing it, while most ordinary people either see no sales, or a few hundred bucks a month if they’re lucky. This is not the fault of ClickBank, this is just because some affiliates are better than others, work harder, stay with it longer, get better at it as they go along, and learn from their mistakes.
ClickBank apart from other programs is that vendors, the people creating the products, can set the affiliate payouts as high as 75%. This is something that you don’t usually see when it comes to promoting other people’s products. Many times affiliate commissions are in the 10, 20, or 30% range so this is something that draws many affiliates to the program.