Free traffic, such as organic search engine visitors, video marketing, or social media/forum traffic, can be a great way to get highly relevant visitors to your website without paying for each visitor. Building a platform that delivers free traffic can be a great long-term affiliate marketing strategy. However, the downsides of free traffic are that it can take a lot of time and effort before you start seeing results, and can be unreliable.
There are loads of resources for making money online as an affiliate. You could source products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies have their own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
Originally I was against the Website Builder because I assumed it was just another CMS like WordPress. Too bad they really didn't make it clear in the main sales video. I skipped all the upsell junk because I really hate the upsell process that most companies force us through. However, after investigating it a bit, I think it could be beneficial for product creators. Having a pre-set funnel strategy and landing page builder could help some newbies stay on track.
28. Subscription – If you think of something valuable (newsletter, online magazine, etc.) that you can consistently offer on a certain basis (weekly, monthly, etc.), you may want to offer a subscription service. This could be a fee charged each time your product is sent out or on a monthly basis. Either way, this has to be something that your customers can only get by subscribing to your website.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable. What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
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.
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.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
One nice thing about Elegant Themes too is that instead of paying for every theme separately you simply pay one yearly subscription fee and then get unlimited access to all of their different themes. So if you intend to set up several different websites and want some solid themes that are guaranteed to be continually updated and worked on these guys are definitely work a look.
Provide excellent customer service. Answer any questions buyers post as quickly as possible. Be professional and courteous. Positive communication builds your reputation with buyers and gets you return business. Also, package your product well and ship it out quickly. Allowing an item to become damaged or taking too long to ship can negatively affect your reputation among buyers. Wrap all items, especially fragile ones, in appropriate packaging. Commit to shipping items as soon as you receive payment.
If you want to sell your own digital products, CBU is a great choice, but I don't recommend you purchase everything Clickbank wants you to buy. As is typical of this type of company, they start you off with one product, then continually add things during the “upsell” process, so your final price becomes way higher than you expected. Keep reading for details on what to NOT buy from them if you go with CBU.
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.
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It is also better to view ClickBank as a tool for generating leads, instead of hoping to sell 100,000 copies of your e-book immediately. Use ClickBank to drive visitors to your website, then get them on a newsletter list and market to them repeatedly. You may want to offer a contest or freebie along with the newsletter to encourage people to sign up with you.
It's still not a thriving community of instant answers and fixes to problems, but it's greatly improved. You can see from screenshots below that there are new questions posted almost daily, and that there are several answers per thread. Some people respond in quite a lot of detail. Experienced members are helping newbies, and people are exchanging information to help improve each others' businesses. Awesome!
It can take time to build up your personal freelance business. Yet, there is more demand than ever for freelancers. So, if you want to kick start making money online through freelancing you can join one of the top freelance networks, such as Flexjobs, SolidGigs, Contena, Upwork, Fiverr, or PeoplePerHour. Sign up, build your profile, upload some samples of your work and start making extra money by doing small freelance jobs.