Work From Home Online
Choosing an Online Business Model that Works for You
How to Make a Living in Affiliate Marketing
Are you struggling to make ends meat in your work from home online business? Are you thinking that you’re the only one who is having this problem? Are you feeling like a loser in the eyes of your family and friends? Let me tell you a little story:
Once upon a time there was a 45 year old woman who lived in Kansas with her family. She’d tried desperately to make money in a work from home online business to support her family, but she failed……miserably.
You know the story, right? You’re trying everything, and not getting anywhere. You’re wasting your hard-earned money and your precious time with nothing left to show for your efforts apart from an empty wallet and an empty feeling in your stomach.
You’re overwhelmed with information and you’re drinking from a fire hose of internet marketing advice – do this, no do this…. you get the gist. You’re confused about what to do – and understandably so.
Well, that story was me. I got sucked into the online marketing abyss and I was constantly chasing the newest “shiny penny”. I couldn’t seem to focus my efforts on any one thing because something new and even more promising was being presented to me every day.
Then one day I stopped everything so I could get control of myself – to get my thoughts together without being bombarded by all this hype – and that’s what most of it was – hype!
Only after I stopped jumping from program to program like a grasshopper jacked-up on Mountain Dew was I able to put all the pieces together and figure this “internet marketing” thing out!
And then it happened!
$$$ Cha-Ching $$$
I started making money and it has continued to grow every day – but making that first $1 was the hardest part! Once you figure out how to make $1, then the sky’s the limit!
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w did I do it? First, I found a course online that I thought was a no-nonsense approach (for beginners) and I FOCUSED on that one course until I had mastered it. Within the course I learned how to choose a product that would actually be in demand, how to choose my keywords, how to set up my website and then how to promote it. It took me by the hand and lead me step by step so that I didn’t leave anything to chance. But,
I’m here to talk about YOU – What About YOU?
I don’t know you so I can’t get inside your head to see what’s holding you back. Only you can do that and there are tools to help you, but what if I was able to cut down the amount of time and money you spend failing with online programs? What if I was able to supply you with some guidance that would help you to achieve the level of success you’ve always dreamed of? What if I took years off your learning curve? Would you be interested in that? I think you just need a little help and that’s what I want to give you. I want you to be able to quit your job and work from home online like I do.
I’m here to tell you that there are actually many ways you can make money online – but they all involve choosing the right company and the right product. For more reasons than I can even think of, you do not want to be involved with a company or product that does not benefit everyone who is involved. Karma is a bitch and it will come back to bite you 1000 fold and you probably won’t even see it coming.
Ok, back to the subject….
After spending the first few years of my online marketing shelling out money and not making any, I finally found a few ways that consistently make me huge money. I personally have two favorite ways to make money.
One of my methods is an MLM (Multi Level Marketing) model and the other is Affiliate Marketing (basically selling other people’s products without the MLM business model). When I use the term MLM, I use it to refer to companies that allow you to recruit and have a downline of people that you can make a little commission when they sell something – sometimes referred to as Network Marketing. Note: some Affiliate Marketing companies allow you to recruit people under you as well – they just don’t call themselves MLM companies, but they really are. That goes for a lot of other opportunities out there, too – most companies have some type of MLM structure but because that’s not their main way to market, they don’t consider themselves as MLM companies.
Here are my money-making methods (and I do them 100% online without having to try to convince my family or friends to join me):
- Affiliate Marketing
- MLM (Multi-Level Marketing)
Work From Home Online Business Models
Affiliate Marketing
Affiliate marketing is a marketing practice in which a business rewards affiliates for each sale brought about by the affiliate’s marketing efforts. The company handles every aspect of the business transaction – you simply supply the customers – typically via a website supplied by the company.
This is my other favorite method of marketing online, but it took me a while to get really good at it. With some education and persistence (and focus), there is A LOT of money to be made doing it.
Digital information is HUGE! Bottom line, people will pay for information and no matter what niche or product you choose to promote, there will be products that you can find to sell.
You can also choose to promote products, software, etc.as an affiliate – the choices are endless. This is probably one of the easiest work from home models and you can do it for little or no money.
There are many affiliate networks you can join such as Clickbank, Commission Junction and Linkshare, and Market Health just to name a few. They are extremely reputable and pretty easy to work with. Clickbank and Market Health are the easiest, by far. You don’t have to be “approved” to represent their products.
I remember when I first started and was trying to understand internet marketing, I was getting close, but the earnings just weren’t there. However, I stuck with my game plan because I saw internet marketing, and specifically affiliate marketing, to offer the very best chance at success because:
- you can get started on a shoestring budget
- It was (and still is) a fairly simple business model
- Affiliate marketing offered a passive income model that made sense to me
Affiliate Marketing is a huge market but there is extreme competition. You really need a good mentor or program to guide you and help you avoid the prickly perils of affiliate marketing.
In fact, that is the only way I’d even recommend you attempting to market affiliate products in your work from home online business. Otherwise, you’ll just be one of the 95% of information marketers who waste their time and money and never make a dime.
More on Affiliate/Internet Marketing Courses…..
Product or Service-Based MLM Company
Whenever someone utters the word MLM, people automatically think of Amway, Mary Kay, Tupperware, Herbal Life or one of the gazillion MLM companies that have been in business over the years. (What is that hissing noise? – Is that you?) But
Oh, The Times….They are a Changing
Don’t let the word scare you off. Multi-Level Marketing simply means that you can exponentially increase your earning ability by attracting other people to work on your “team” and you can make money from the efforts of those people. How sweet it is!!!
Most business can be conducted online these days – and that includes MLM!!! You are no longer restricted to your “warm list” (that list of everyone you ever met in your life including the mailman that you’re supposed to try to talk into going to an “opportunity meeting”). You can actually build a work from home online MLM business by attracting people to you who are actually looking for a business opportunity.
Your family and friends don’t even have to know you’re in a new business! You don’t need them. You have the entire world to market to. Makes a huge difference, huh? You bet your booty it does!
Take a look around – the world economy blows! Bad for them, good for you! People all over the world are looking to make more money. Some are just looking to make a few hundred every month and others, like you and me, want to do more – A LOT MORE! They want what you’re offering. It’s so much easier to attract people who are actually looking for what you have, rather than try ing to convince your friends and family.
As J. Paul Getty once said:
“I would rather earn 1% off a 100 people’s efforts than 100% of my own efforts” – J. Paul Getty
So now that you understand why I love MLM and you should, too, let’s look at some of the other considerations in choosing the perfect opportunity for you and your wallet.
You should choose an MLM company that focuses on selling products or services that are consumable or have a monthly subscription – meaning people will have to come back and order again if they like the product/service. That could mean that one sale turns into a repeat customer, making you money each month with no further effort. If the products/services are not consumable, at least choose a company with a line of products that are easy to cross-sell to your current customers.
There are a few more things that you should consider when choosing an MLM company such as:
- Uniqueness of Products – You don’t want to sell something that’s been sold over and over for years. You also don’t want to sell something that isn’t really in demand. Do your homework!
- No Stocking of Products – The great thing about an online business is that people can go to your company-provided replicated website and order products to be shipped directly to them. No one wants to deal with buying and stocking inventory. It’s expensive and often times, you’re stuck with inventory that you can’t sell if you don’t want to continue.
- Age of Company – While it’s enticing to join a brand new company to get in on the ground floor, it’s not always a great outcome. Try to find a company that’s been around for at least a few years, but that has recently opened up in a new area that is not saturated with distributors or products
- Compensation Plan – Take a look at the compensation plan and decide if the company really wants to make it easy for you to make money or if they’re more interested in forcing you to enroll in a monthly autoship program.
- Marketing Website – Does the company have a marketing website that essentially does the selling for you? Or do they depend on you to do all the selling, answering questions, etc? With the global reach of the internet, it’s great to have some help from the company in this regard.
More on choosing the right work from home online MLM opportunity……
