Begin Your Online Adventure With These Money Making Methods: Part 1

22 Oct, 2013

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Many people are skeptical with the idea of making money online. All the scams out there have, to a large extent, destroyed the reputation of the Internet marketing industry. However, the truth is that, this industry is flourishing with thousands of people beginning their online journey every single day.

Unfortunately, there’s no such thing as a “get-rich quick” model where with the push of a button overnight riches can be gained. If this was the case, the entire world would be working from home. The good new is – making money online is much easier today that it ever was. All you have to focus on is finding the RIGHT method for you and do it the way it should be done.

There are many ways to make money online, and in this article, I’ll list the top ways that work in today’s online environment and you’ll also learn how to go about choosing the right model for you.

Here are the viable options available to you online:

Blogging

Blogging can make you money! It’s the single most popular choice of many new marketers. You’ll find extensive information on blogging here on our site.

If you don’t want to spend money upfront, you can use the free blogging platforms, but ideally with the intention of shifting to a hosted WordPress blog in the future.

You can blog anything about the niche you choose or something that interests you. You can blog about your weight loss plan, politics or how much you hate paying taxes. No matter how bizarre and unusual your blog is, there’s always an audience.

But the only way you can generate revenue from your blog is through monetization.

There are any ways this can be done:

Placing Google Adsense Ads
Affiliate Marketing
Writing Paid Reviews
Selling Your Own Products/Services
Selling Advertising Space (But you can go this route only when you have decent traffic and a good rank. Most marketers will not advertise on a brand new blog)
Selling the blog itself (with certain blogging products like the one above).

Contrary to popular belief, money making through blogging takes effort and time, along with the ability to interact with others and exercise patience. There’s big money to be made through a blog when done RIGHT.

Affiliate Marketing

This money making model is one of the top choices for a web-based business. The reason for its popularity and why people think it’s very easy is because you don’t have to create your own product. You’re basically promoting other people’s stuff for a commission on every sale you make. You can find digital products like eBooks and short reports to promote from sites like ClickBank, Amazon, CPA Networks and at several other places.

There are plenty of affiliate products in just about any niche that one can sell. You can even trip over them. This makes affiliate marketing very attractive.

There are several ways of promoting affiliate products:

Product Reviews
Informational Content
Sending Emails
Placing Adwords Ads
or even Word of Mouth

But the reason a majority of affiliate marketers fail is because they’re either not honest or don’t offer the personal touch people need.

The few successful affiliate marketers are pulling in 6-7 figure months at the top end. Well, who’s stopping you?

Network Marketing

In its early days, network marketing was the darling of thousands of entrepreneurs. And it still is. Today, however, with dramatic changes in people’s lifestyles, more and more people are making a lifestyle-choice to close the doors on corporate careers and beginning to enjoy the better quality of life working from home offers.

This brought about increased money making opportunities for people in the network marketing industry. While initially you could sell directly to friends, family and neighbors; now you have millions of people online too.

Network marketing makes it easier for people of all age groups, ethnicities and educational levels to succeed as independent business people. Network marketing is also known as direct selling, multi-level marketing and relationship marketing.

Network marketing is basically direct selling, where you sell a product or service away from a retail location. You are “in business for yourself, but not by yourself.”

In network marketing, as an independent business owner, you’re encouraged by the company whose product you’re selling, to recruit others and earn commissions or bonuses on their sales, in addition to your own.

Thus, you end up building a team of independent salespeople, who are business owners too, as your downline. You have absolutely no administrative hassles.

The real magic of network marketing happens when members in your downline start developing their own downline team who are in turn also building a downline, which again builds its own downline……..

People who are in your downline are not only working for themselves but are also contributing to your income.

If you think network marketing is for you, your focus should be on finding the right company. There’s huge money making to be made here.