Ways To Make Money Online At Home (Part 2)
Affiliate Marketing – Affiliate marketing is when you join an affiliate programme, and advertise a product that belongs to someone else. You can find products to sell on many different websites and also websites like clickbank.com And JVZoo.com . If you do a search on Google or Bing you will find lots of affiliate programs on many different niches.
Pro’s- It’s a great way to make money online without having to create your own products or do customer services refunds etc. A lot of places you can get as high as 70% commissions in rare cases 100% . If you have a subscriber base you can send them to a similar product that fits your market and make a lot of commissions selling other peoples products as an affiliate.
Cons- You do not always get the buyers list, you are reliant on the people who own the products being truthful and paying out the commissions you have made. Selling affiliate products will not brand you as well as having your own products and services. Sometimes you have to wait one or two months before you receive any commission payments. And you do not make all the money unless you are lucky enough to sell a product that pays out 100% commissions..
Fiverr – You can make money on Fiverr selling a variety of products or services. There is such a huge diversity of different gigs on Fiverr there will definetely be some you can do to make some money. In fact some of them can even seem a bit on the crazy side. 🙂 Just go to Fiverr.com look at the things for sale and then list something that you can do they allow you up to 20 Fiverr listings for each Fiverr account.
Pros – With a little bit of imagination you can make a nice bit of extra income on Fiverr. You can use this money to fund another online business, pay for content and services for your own websites, There is lots of people visit Fiverr so even without you personally advertising you can make money. Just try and post a nice picture and good headline and gig and you will go far.
Cons – Fiverr Take 20% commission so for every $5 sale you make they keep a $1, In the beginning you can only make a Fiverr Per Sale but as you move up to level 1 Level 2 Seller Or Top Seller you can add extras on top of your gig of up to $100
Elance – You can use Elance to find work or else to outsource work for other people and keep yourself a commission, you can find anything from writers to virtual assistants, graphic designers , translators you name it there is probably a long list of people on Elance who can do it for you..
Pros – You can find some really great top quality freelance employees here, You can find people to work for a low price or high price you post a job and employees from around the world will bid on it. The most important thing is to check their references if they have lots of great comments they will probably do a good job.
Cons -You need to register first if you are going to be an employee then they will ask you to take a test and receive a Skype call. There are some people who can hardly understand English never mind write it so check the previous references or you could have a bad experience
Freelancer – You can use Freelancer to find work or else to outsource work for other people and keep yourself a commission, you can find anything from writers to virtual assistants, graphic designers , translators you name it there is probably a long list of people on Elance who can do it for you..
Pros – You can find some really great top quality freelance employees here, You can find people to work for a low price or high price you post a job and employees from around the world will bid on it. The most important thing is to check their references if they have lots of great comments they will probably do a good job.
Cons -You need to register first if you are going to be an employee then they will ask you to take a test and receive a Skype call. There are some people who can hardly understand English never mind write it so check the previous references or you could have a bad experience
Create Your Own Products,Service’s Software Etc –
Pros – Makes you into an authority on your niche, You can leverage affiliates to sell your products and services for you and pay them a commission as an affiliate. You control the sales process and the money when it arrives and can get paid even before the product is delivered.
Cons – You have to deal with customer services and have to setup all the products funnels systems and or pay someone to do it for you. If your product does not deliver on it’s promises or is not too a high enough standard then it can also give you a bad reputation.
Wealthy Affiliate
Pros – You get 50% commissions of anyone who joins through your affiliate link, You can join for Free and if you are a paid member you get a $1 commission on any Free members that join through your link. You can interact with like minded bloggers, you get a blog creation tool, free members can get a basic free blog Paid members are allowed to create unlimited blogs within reason. It also includes your hosting instead of paying $47 a month you can pay annually for $347 And save some money .. Ideal for newbies who have no clue about blogging
Cons – Small commissions only possible to make $22.50 per month from each member You are not allowed to share anything, links to anyone in the community without getting a warning or banned, many posts you make in the main website get flagged or deleted for example if someone says they are leaving or don’t say they had a joyful experience their posts tend to disappear, They teach you to target the keyword scams which is a very negative putting down other companies to get free traffic from scam keywords, when in fact some of the companies they run down offer much better products income opportunities and trainings than themselves.
Ways To Make Money Online At Home (Part 2)