How to Make Money Online in Singapore Legitimately

No doubt Singapore is one of the wealthiest countries in the world. That also means job market is saturated with the influx of foreigners as well as the steep competition in the job market. One doesn’t know when he or she will be fired especially during the economy downturn. Why not having a backup plan before the crisis hits? I have one good backup plan and it is through online business. Stay with me and read this article if you want to know how you can make money online in Singapore.

how-to-make-money-online-in-singapore-legitimately


How to Make Money Online in Singapore?

Wouldn’t be great if you could earn US dollar and spend it in Singapore? It’s almost everyone’s dream since USD currency is relatively more stable, especially as compared to many other currencies.

I have written many articles here about making money online. However, it is possible to make a lucrative income by just blogging or affiliate marketing in Singapore?

The answer is an absolute YES.

Not only affiliate marketing or blogging allows you to earn a passive and sustainable income in Singapore but everywhere you go. That’s the beauty of making money online.

Rather than listing down 10 different ways to make money online on the internet, I would like to share with you how I do it as I travel with my wife around the world. For those who have been long with me, I am an affiliate marketer.

Before I share my big tips, you need to know that affiliate marketing is not a quick-money scheme. It is definitely a legitimate online business.

Affiliate marketing is internet advertising that allows any online business to affiliate themselves with bloggers (known as affiliates) using affiliate programs. Affiliates make money by generating sales, leads, and traffic for the Merchants business (e.g. Amazon, ShareASale and etc.).

If you are a blogger, you can extend your blog to advertise third parties’ products. When you reader makes a purchase through your blog, you earn a commission. Simple as that.

Look at the infographic below to get a better overview of affiliate marketing and learn the process of making money online.

AffiliateMarketing


How to Earn $50-$100 Daily from Affiliate Marketing?

The 100% working method to earn money with affiliate marketing is here. It is so simple and easy with fast and guaranteed results upon your hard work. Yes, I would like to emphasize here that nothing comes free. Affiliate marketing is just like any other bricks and mortar business, it requires hard work, patience, and time.

1. Find Your Niche

Almost everyone has a hobby, at least one. Maybe you have a very special skill or knowledge on a particular subject that people can benefit from.

Remember one thing is when you are finding your niche, avoid being too broad with your selection. For example, do not blog about Work Out Tips and Motorbike at the same time. Both of them fall into different categories and they just can’t simply be put together.

The key here is to make money helping people online. If you can help people that are interested in the same niche that you enjoy, you can connect with people on a personal level.

This will lead to trust in you, your website, and your content. In turn, this will result in sales from products that you recommend that are based on helping the needs of your niche audience.

2. Build a Website

Secondly, you’ll need a website. I think most of you already have it. If you do not have a blog or a website yet, don’t worry. You can try to get a free domain below.

After choosing what type of site you want to use to refer visitors to affiliates, the second decision to make is choosing your domain name.

This name is important and will be a huge part of your online presence.

It may take some time to settle on a domain simply because so many are already taken either because they are being used or have been previously purchased and are being held for later sale.

3. Create Content (Blog)

So what is the connection with a blog and an affiliate marketing? A single word answer would be “TRAFFIC“. Bring some targeted traffic to your blog and sell some products (digital or real).

Another great example of making revenue being an affiliate (selling digital products) is Themeforest. Themeforest is loaded with lots of themes  and they will give you commissions for selling a theme via your referral link.

Else, just go for Amazon Associates, you can easily find any products that are relevant to your niche. You name it, you will find it there.

You need a little 100 daily visitors to your blog. If you don’t have a blog, then first create it and write unique articles to generate traffic.

Reaching 100 visitors daily isn’t much hard for any of you if you publish high-quality content about your niche (a subject that you are blogging about – photography, music, hiking or yoga).

4. Monetize Your Content

If one of the reasons you are reading this post is to make money by helping people, then this is the step you have been waiting for.

Now that you’ve learned how to set up your blog and create great content, you are ready to start with monetization.

Let’s go back to affiliate marketing that I talked about. It is probably the simplest business model to get into at the start as you can apply. There are literally thousands of affiliate programs out there on the market.

Here’s the thing, you can pick just about any product that you can buy online, and there will be an affiliate program that will pay you a finders fee for referring a sale.

However, just because you can promote anything, doesn’t mean you should. The most important thing to consider when selecting a product to market is, “is it relevant to your audience?”

How to Make Money Online in Malaysia

If you want to promote physical products, there’s probably a better place to do it than Amazon over the long term if your niche is somewhat specialized.

Amazon is tough because they have a 24-hour cookie. That means that if someone clicks your link, and then buys anything, anytime within the next 24 hours you get the commission.


What Now?

Regardless of what your business is, there are tools, products, and services that you use to run your blog or business. By putting together a page of all of your tools and resources, you’re creating something that’s shareable as well as useful.

However, affiliate marketing is one of the simplest online business models but it does not mean you can make money online just by blogging and advertise products from Amazon.

There is a lot more information that is not easy to digest in one single post. but if you’ve been struggling with figuring out how to start monetizing your blog, the strategies above are a fantastic starting point.

I do affiliate marketing (it’s different) and rely 100% on myself to build an income online. If you are interested in alternative ways to generate a real passive income online, you might want to consider running your own legitimate online business.

If you’re looking for a starting point to build your website and to start making money online through affiliate marketing, then Wealthy Affiliate might be what you’ve been looking for.

When I carried out my initial investigation on Wealthy Affiliate, it was purely to see if the company was legit for a few friends of mine, however, I didn’t imagine that I was going to make much or ANY money with them when I first got started, but as it turns out – I did.

Well, I’m happy to say that I’m not the ONLY one making money in Wealthy Affiliate, as you can see from the pics below, and you’d be surprised at HOW many other people are making money too.

Wealthy Affiliate

Wealthy Affiliate

Extra Income as an Affiliate of WA

Just like Amazon, WA allows you to generate income as its affiliate member. Meaning, that if you make a sale, you receive a commission. If you don’t make a sale, you don’t make a commission.

The monthly investment to gain access to all the bells and whistles of WA is $47/month. You have the option to pay upfront and gain access to a yearly membership while saving on the total investment.

Here’s the commission breakdown for the sale of each membership.

  • $175 upfront and recurring yearly commissions for the sale of an annual membership
  • $22.50 upfront and recurring monthly commissions for the sale of a monthly membership

Here is a hypothetical breakdown of “monthly” income statistics for you based on just a 4-month recurring monthly membership commissions.

  • 1 sale per day= $2,700/month
  • 5 sales per day= $13, 500/month
  • 10 sales per day= $27,000/month

I personally find I make more commissions through WA than Amazon as the training modules are solid and most of them stay with WA for more than a year.

Here are my recent affiliate commissions rewarded from WA. I generated $5,886 in my last 7 days and it’s actually ramping up over time.

How to Make Money Online in Malaysia?

As long as people are still a member of WA, I get rewarded the recurring monthly commissions. This is what I meant by sustainable income.

There are more than three billion internet users around the globe. Making 1 sale per day is not difficult at all with the blueprints and the step-by-step guide from WA.

Click Here to Get Started Today

If this is an area you’re interested in, you could learn more about this through my 7-day free email course or you could read the full review of the product here. The guide is an excellent way to learn all the ins and outs of affiliate marketing and to get started in the field yourself.

Good luck and all the best!

Regards,

Alex


Interested to know how make sustainable income online?

Where Should I Send You The Course?

Summary
Article Name
How to Make Money Online in Singapore Legitimately
Description
If you are seeking for an opportunity to make extra cash online, you should go on and read this article and find out How to Make Money Online in Singapore.
Author

Alex Y

Alex is the owner of Managing Your Finance. He helps newbies start their own online businesses. Sign up for his 7-Day Free training course and learn how to start making a sustainable income online and quit your 9-to-5 job.

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20 Responses

  1. Kristiyan says:

    This is a great post, Alex. The truth is that many Singaporeans are stuck and need to compete with foreigners. Although the government has given special privileges, they are still struggling. Most of the people don’t know what they need to do in order to make extra income. I think that here you can direct them to the right guideline. I read a lot of information from this site that I did not know and it was interesting. I will be back for more info!

    Peace!

    • Alex Y says:

      Hi Kristiyan. Looks like you know a bit about Singapore. I bet you have been one of the foreigners 🙂 Thanks for your comments. I am glad you like this post!

  2. Chamunorwa says:

    What a great post! I simply love it! Thanks for sharing this information with your readers!

  3. robert Lawrence says:

    Hi,

    Wow that is some amazing income you’re earning and I would absolutely love to do the same thing.

    So would Wealthy Affiliate be okay for a beginner? I don’t have any experience in this field but I’m considering getting started and I wonder if this is the right program for me.

    My other question is about your income. The income you generate from referring people to Wealthy Affiliate, how long did it take you to earn those kind of numbers? Also, How much traffic does your website get in order to make that kind of money?

    Robert

    • Alex Y says:

      Hi Robert.

      Affiliate marketing is not a quick money scheme. It takes me three months to make my first dollar. Other than referring people to be part of the training program, I advertise books, programming platforms and other products and services too. To reach this amount of month, I spent almost 1 – 1.5 years to make a lucrative monthly income. Consistently, I get more than 200 visitors per day to my site and the number is growing.

      Alex

  4. Derek Marshall says:

    Hi Alex,

    Awesome article and nice timely reminder and referesher of blogging basics that have slipped my mind, especially the key difference between what a market and a niche is.

    I am forwarding this to a friend who is keen of blogging and would benefit greatly from reading it.

    Thanks for creating and sharing this article.

  5. Martina says:

    I’m thinking of joining WA but I’m wondering a few things. You’ve written about a supportive community and always getting the help you need. Also it seems like everyone is making so much money. If I get stuck or if my website isn’t getting visitors – will I get help for that as part of the WA community you think?

    • Alex Y says:

      Hi Martina, definitely. At this training platform, you will learn and get help on how to boost your traffic. Not only that, there are some techniques that you will be able to learn how to convert traffic to sale efficiently. Let me know if you need help.

  6. Pitin says:

    Hi Alex,

    I worked in Singapore for the last 5 years and left three months ago to be working full time on my blog. You’re right, it is a dream to earn USD and spend it in SGD but it is way better to spend it in a third world country like where I am now, LOL. I admire your WA earnings. I can only dream of it, but you inspire me. This article is inspiring too! Thanks for sharing!

    Pitin

    • Alex Y says:

      Hi Pitin. I am happy for you that you are working full time on your blog. If you need my help along the way. Please give me a shout. I am more than happy to guide you along. All the best!

      Alex

  7. Anis says:

    I’m not from Singapore but I’m also interested to make money online and yeah affiliate marketing is one of the most reliable way to make a living online.

    You have pointed out all the important points to start a great home based business and make money online wherever you are.

    Thanks for sharing this information with us

  8. Anis says:

    Hi, Alex what an interesting article you have written, I agree with you it’s great to make money from your house.

    I don’t live in Singapore ( a place that I would love to visit!), but I can earn a passive income here in Italy by learning every day and working hard on my website.

    I am also a Wealthy affiliate member I recommend it to everyone, glad to see you are already earning great money !

    • Alex Y says:

      Hi Anis! Affiliate Marketing basically works anywhere you live. It is not limited to certain countries. It is definitely one of the best way to earn freedom by making extra cash from home.

  9. Wanda says:

    Hi Alex, Thank You for the information about the Amazon Affiliate program and about Wealthy Affiliate. I too have been looking for a way to make a legitimate income online, there are so many things online that may end up costing you instead of benefiting you and filtering through them will take up valuable time it is nice to know that there really are some good ones out there.
    Thanks Again and best of luck to you.
    Wanda!

  10. ArtByHeart says:

    WOW! That’s an amzing income right there Alex, congratulation. Let me ask you, how long did it take you to get started, how steep was a learning curve and how long did it take you to start making the income you are stating? Are you working full time on your business or do you have time to also enjoy your life 🙂

    • Alex Y says:

      I had an existing website before I jumped into WA training. I had difficulty to monetize my website until I found this training platform. After implementing what I have learned at WA, my site generated my first online income after three months. The learning curve is not that steep to me because the modules have been structured well and contents have been outlined in layman terms. They are easy to follow. I was always a full-time entrepreneur before I started the online business. I am currently a full-time self employed online entrepreneur and traveler 🙂

  11. Chris says:

    Hey, great post Alex.I see the concept. You were an entrepreneur before you started with WA. If someone hasn’t worked on a website before, can they still pick it up quickly and earn good money in a short period of time ?
    How many hours per week does a newcomer need to work if they are to achieve success ?
    Regards, Chris

    • Alex Y says:

      Hi Chris,

      If you are starting this from scratch with zero knowledge on this, you can learn this through blogs and some online courses like WA. For example, started more than a year ago and he managed to make his first $10,000 per month milestone within a year time (you can read his full story here). As for me, I made my first dollar on my third month and the income grew exponentially after that. At the beginning, I spent almost four to five hours per day on my website. As long as you take action and be patient with it, you will definitely monetize your website within six months. I hope my answer helps. If you want to know more, you could sign up for my email course.

      Cheers,

      Alex

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