The Real Secret to Making Money Online (Part 1)

 

graduateHow do you make money, much less a living online?

This is the $10,000 dollar question that everyone needs to know. It is sad that traditional educational institutions will not even whisper this to you.  No, this is a subject that is not taught in any traditional school. They don't want you to know because school is designed for the sole purpose to keep control and order. Since you are reading this you have already come to this realization and are looking now how to gain real true freedom. I congratulate you on making the first step out of today's slavery. 

slavery

 

Would you be surprised to know that the largest vehicle for any business is the internet? I have only one request from you the reader reading this and that is this; What you learn you make sure to teach it to your children. If you do not have children, then teach it to your nephews/nieces, neighborhood kids, those that go to your church. Do not let your knowledge go to waste. The world of e-commerce generates more than $1.2 million every 30 seconds.

Read that last sentence once again and let it sink into your mind for a good minute. One point two million dollars, every half a minute. I understand that to the 99% of the population of the world that is a hard number to digest all at once, including for myself included in that 99%. Out of that $1.2 million almost a million dollars are done in desktop/laptop sales over that short period of 30 seconds, and furthermore $269,683 is done in mobile sales such as androids/I-Pads.

There is more than enough of that 30 second slice of pie in 24 hours to go around for everyone, wouldn't you agree?

 This infographic from Ever Merchant looks at e-commerce in real time.real-time-ecommerce

  (Source: Ever Merchant.)

First, you need to understand that there are really only 2 ways for you to make money online; which is either by selling your own product, or selling other people's products. You would think selling your own product would be the wisest out of the two. If you are thinking this way you are not alone, though it is wise to, it is not the way to start. In order for you to sell your own product, you must have these TWO issues sorted out first:

  1. Your product has to be really amazing. The truth is, there are hundreds to thousands of similar products to yours for a consumer to choose from; so your product has got to have its own " secret recipe" to stand out from the crowd. Otherwise, it's not going to receive the attention you are so eagerly looking for and most likely kill any dreams you have to making money online.
  2. You have got to be a master Jedi ninja in internet marketing ! The point is having an awesome product is just one part of the equation. The second part is, being able to sell it online (profitably) and that means you MUST have the following:

 

  • A converting, professionally-designed website
  • A great web copy or a video sales letter to do the selling job for you.
  • A staff to manage the overhead/customer service
  • Legal counsel, etc.

If you're just starting out, the chances are high that you will end up losing a lot of money by trying to sell your own product and worse still, emotionally drained of not seeing any real results for months, if not years !

So what's the best secret to getting started and making money online?

It is what is known in the internet marketing world as affiliate marketing. Just about everyone online offers an affiliate program.  An affiliate program is promoting someone else's products and earning a commission ! Every company out there that you can imagine offers this service; from the Giants in brick and mortar companies like Wal*Mart along with the Giants online like Amazon to the small mom and pop online stores.

If you want to get started quickly and start making money online as soon as NEXT WEEK, you would be wise in promoting affiliate programs; because they're already proven to convert well.

I discuss a little bit more in detail in "You want what you want" with the philosophy in how this works with affiliate marketing. First you have to ask yourself can it fall under these four golden rules:

  • Are there always offers to promote ?
  • Are people in this niche known to buy?
  • Can you market to this niche online in a profitable way?
  • Do you like this niche?

 

These companies have already established their brand and have already developed an awesome product and tested that their website is able to convert the visitors (AKA), it converts traffic into sales ! Your best bet is to find products to promote that give immediate gratification to the customer. What I use and recommend would be informational products like courses, software, e-books, etc. , simply because they do give that immediate gratification along with these THREE reasons:  

 

  1. Normally,  you can earn a very high commission, as much as 75% because the product has almost zero cost to his/her business.
  2. It's VERY EASY to get yourself started.
  3. It usually converts better if it's presented to the right prospects because information products solve a "how to" problem, where people are willing to pay for the information that they need.

We don't want to reinvent the wheel, and by promoting affiliate programs we are making an affiliate commission as much as 75% commission, you get to see what works best ! Look at it as a paid internship if you will that pays you much more than if you were to get a position working a 9 to 5 J.O.B. ( just over broke).

So you can see why it is wiser to go with the latter first. This way when the time comes when you want to sell your own product in the future, you know what they want. Wouldn't it be a great idea to "test" out the waters by first promoting a similar product like yours, to see if it sells well first? If it does, then you will roll out your own product to sell, and you will be the only one selling it ! This is the wisest way to test the market, isn't it? Not only will you get to learn the affiliate programs helpful marketing secrets; you will also be gaining successful tools and income on the way to build up towards marketing your own product.

Let's do a real quick recap…

We now know that if we want to make money online quickly, as fast as a week or two, we can promote affiliate programs containing information products for free (never, ever pay to promote someone else's product…ever !). The only exception to this rule is if you purchased it yourself and believe it to be a product that you want to promote.

Now to the good news is that this is so easy to get started because you can just go to Clickbank.com and register to become an affiliate for free !

There are thousands of different information products to choose from that you can promote in your niche of choice and get paid up to 75% commission on.

Here are the top THREE reasons why I would recommend ClickBank:

  1. You are automatically "approved" to promote the affiliate program of your choice listed in ClickBank; no more concerns about getting approval by the merchant
  2. You get paid on time, every time. When you make affiliate commissions, ClickBank sends out your payments twice a month.
  3. ClickBank is very strict in approving the products on their site. This way you know you are promoting good quality and low refund affiliate progams.

Last though not least is that ClickBank is a very reliable company. As I am writing this ClickBank generates over $350 million or $11.00 per second in revenue per year ! It is important to stick with reliable companies so that you can be rest assured you'll be receiving your money.

This is the first step to start making money online. So what are you waiting for? You can go to ClickBank.com to register; it's 100% free.

 

Continue to part 2

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