Real and Best Way to Make Money from Home
There are many alternative ways to make money. Some of us work as freelancers. Some work for specific employers in the cubicles. Other work part time to supplement full-time incomes. Some operate their own home-based business because of special needs from the family members or to spend quality time with their loved ones. In my opinion, the best way to make money is to do it from home.
Working from home is not new anymore. However, some people are skeptical about the concept of “working from home” as they grew up in situations in which “work” should perform at some places, such as offices across towns or at factories several miles away.
Some of us thought making a lucrative income online is only just a dream and only a few people can do it. It is not entirely true. With the advent of inexpensive computers and high-speed Internet connections, many tasks that used to be done in offices can now be done at home.
The existence of the Web also has simplified the product-ordering process for people involved in home-based direct sales and has lowered the “cost of entry” for budding entrepreneurs who can now create businesses with a worldwide reach on a shoestring budget.
However, as you make a search on Google on “make money from home”, you will probably get more than one million results. Some touting intriguing pitch lines like “Earn $1,000 per day without effort” and “Stay at home mom makes $1,000 per month at home immediately”. To be honest with you, almost than 90% of them are scams.
The truth is there is no free lunch in this world, you have to work hard for it. Don’t be naive and fall for supposedly lucrative ways to earn money without much effort put in.
It is not difficult at all to make money from home sitting at your kitchen table in front of a computer screen if you have a willingness to learn, a willingness to work hard, and have persistence. What I like about work from home (internet marketing) is that it is like pulling cash out of your head simply by knowing the right steps to take.
Are there any legitimate home-based work opportunities on the market? The answer is yes, but you have to know how to identify them.
Real and Best Way to Make Money from Home
First of all, unlike any other articles on the internet, I am not going to list down all the alternatives to earn your income online. However, I am going to share with you the real and the best way to make money from home. To be precise, my preferred way to make money from home legitimately.
Make Money from Home Through Affiliate Marketing
Some of you may have heard about affiliate marketing and some not. In other words, affiliate marketing is a way to monetizing your expertise, whether in social networking, transcribing or any other niches. It is an internet marketing channel in which advertisers (Amazon or ShareASale) pay publishers (you and me) on a pay-for-performance basis.
Affiliate marketing allows you to recommend products and services from other companies and be paid a commission if someone buys the product as the result of your recommendation.
In order to track which transaction happens as a result of your recommendation(s), the advertiser will provide you with a special unique link to use when linking to their website that contains a unique referral code assigned to you.
If people click that unique link and make a purchase of the product or service within a specified timeframe (the timeframe varies depending on the merchant), you get a commission on the sale.
The products cost the consumer the same amount of money as it would if they didn’t buy it through your affiliate link, but the advertiser pays you a referral fee for generating the sale.
For a visual explanation of this process, please see below info-graphic:-
It can be very lucrative or it can simply be used to earn a part-time income depending on how much time and effort you are willing to put into it. It is one and the best way (to me) to make money while sitting at my computer at home.
You could make $10 a day or $100 a day or anywhere in between doing so. There aren’t any limits. Some successful affiliate marketers make $300 – $800 per day. However, please note that to achieve this much of reward requires hard work.
Pitching other people’s products is one of the Internet’s best-paying gigs. One method is being an affiliate at a mega-site such as Amazon.com, where commissions are up to 25 percent. Anytime anyone buys a product you’re pitching, you get a cut. You can choose from more than a million products, including gift cards or computers.
There are tens of thousands of companies out there that encourage people like you to come work alongside with them. Companies you know of and are familiar with. Companies like Amazon, Walmart, and Best Buy. They offer programs called affiliate programs and when you join them you become their affiliates.Your goal as an affiliate is to send visitors to their website. (Some companies pay just for the click!)
In short, in affiliate marketing, if one of your readers buys something, you get a commission.
What’s Good About Affiliate Marketing?
Affiliate marketing is considered to be one of the world’s fastest growing and best internet marketing techniques to earn money online because of several reasons:-
- Cost effective: Marketing on the internet is cheap and you don’t have to worry about the production cost. All products that you are going to promote is already developed and produced by the seller. You don’t need a physical shop or hire employees. All you need is a laptop, an internet connection, and a minimum start-up fee.
- Global Market: Online marketing gives you the opportunity to reach people all over the world easily. There are presently more than three billion internet users in the world looking for solutions to solve their problems. Hence, the earning potential is enormous.
- No Shipping/ Storage: You don’t need to worry about storage, packing or shipment of the product. They are all taken care of by the sellers.
- No customer support: You don’t need to provide any customer support or deal with consumer complaints as the Seller does that for you.
- Passive income: A regular job can give you a fixed income as long as you continue to work. Depending on your marketing skill, affiliate marketing can create a steady flow of income even when you are not in front of your computer. Yes, you earn even while you sleep.
- Work from home: If you make enough money then you don’t have to worry about going to work at the same time every day or getting stuck in traffic. You can work in the comfort of your own home and spend quality time with your loved ones.
- Minimum start-up fee: If you are going to build your own website, you don’t need to pay a huge amount of money in order to buy a domain and some useful marketing programs. Conservatively, you can start your own online business with only $10 – $50 per month.
Is Affiliate Marketing Legitimate?
Affiliate marketing is absolutely legitimate.
Some people are skeptical about affiliate marketing as there are way too many scams centered around affiliate marketing. There are a few bad apples on the market that spoil the legitimacy of the affiliate marketing.
There are more tens of thousands of merchants run affiliate programs and reward you a commission for sending them sales. Big brand such as Walmart, Amazon, Target, Nike, Best Buy, eBay, Apple, Microsoft, HP, Dell, Nikon, Canon, Sony, and Samsung offer affiliate programs. Do you still think affiliate marketing is not a legitimate business?
Anyway, as I mentioned before, there are many fake affiliate programs out there. You will have to learn how to identify and avoid them. Please read my previous post on How to Make Money without Being Scammed.
Can You Really Make Passive Income With Affiliate Marketing?
The answer is YES.
Affiliate marketing definitely can earn you a lucrative and sustainable income. However, it requires hard work and patience. I emphasize this again and again in this article because many people think they can become millionaires overnight through this business.
Affiliate marketing is not a quick-money scheme. It is a real and legitimate online business. You need to put in efforts to build up the business, to gain trusts from your audiences, and generating revenue from those passive sales.
It may take a lot of front end work at the beginning. However, as your site matures (three to six months), you spend a lesser time to grow your income as it will eventually make money in autopilot mode. Thereafter, it requires minimum continual maintenance though the revenue it generates can also allow you to hire someone else to get that done.
The best part about affiliate marketing is I make passive income without selling anything. I help people find the information they are searching for online. I deliver honest and quality information that helps people make decisions. I recommend and direct them to stores like Amazon who handles the rest!
Starting to see the value of affiliate marketing?
It is indeed a powerful business model.
Tips on Becoming a Successful Affiliate Marketer
Affiliate marketing is definitely an excellent way to make money online but it can be difficult without knowing the tricks and tips. In order to be successful in Affiliate marketing you need to know the market needs, learn how to promote products, what works and what doesn’t.
The following are a few tricks on becoming successful in affiliate marketing that I have learned over time.
#1 Only Choose a Handful of Great Products or Services
Some affiliate marketers fail in generating sales from their websites because they sign up with many different affiliate programs. To build a trust in your audience, you need to focus and understand the what they need from you. There is no point of promoting cameras and golfing equipment on your site. You have to only promote products that align correctly with your niche.
#2 Don’t just Rely on Your Blog to Promote Products or Services
Many newbies like to put up product banners on their sites and expect some sales to be generated automatically. At the time of writing, it is difficult to just rely on your site traffic to make money. You will have to know that there are many other traffic sources like Social Media (Facebook, Twitter, and Instagram) that you can tap into.
You have to leverage your traffic sources to promote products simultaneously. The more targeted traffic you can send to the sales page, the more chances of making money.
Below is a list of where you could share and distribute your content with affiliate links
- Facebook Page
- Facebook Groups
- Google+ Posts
- Google+ Groups
- Twitter Hashtag Conversations
- Pinterest Pins
- Instagram Photos
- YouTube Videos
- Vimeo Videos
- LinkedIn Posts
- LinkedIn Groups
- Relevant Forums
- Blog Comments
- Craigslist Ads
- Reddit Subs
- YouTube Comments
#3 Identify the Market Needs
If you try to sell a product that is in low demand then chances are that you are not going to get many sales no matter how hard you try. It is essential to learn your audience needs.
My suggestion is to spend some time researching and find out if the product or the niche is still popular at the time of writing. One way to do it is by looking at the number of searches on Google Trends. From there, you will know the market needs on the products that you are promoting.
#4 Helpful Tools and Guidance
If you are serious about affiliate marketing then try to find tools that will help you be more efficient. There are many helpful tools out there. If you are using a WordPress powered site then consider getting a plugin similar to the Affiliate Link Manager.
It is not enough to publish content and promote products nowadays, you need to rank your site higher on search engines in order to get more free traffic. You need a proper planning to generate more revenue from your site. Affiliate marketing is a business, you have a much better chance of succeeding if you have a mentor or join a community that shares the same interest.
Where Can You Learn More About How to Do Affiliate Marketing?
Within my blog, there are many articles, tips, guides and tutorials that can help you get started in affiliate marketing.
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- What Do I Need to Know to Start an Online Business?
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Building an online business from scratch is hard if you are doing it alone. I have tried it when I first started and it is much easier if you have a mentor to work alongside with you. I have done that through trial and error method. I hope you could skip that path and speed up your money making process.
To be honest with you, affiliate marketing is not a fast-money scheme. It will not turn you into a millionaire overnight. Nothing comes free and fast. I encourage you to educate yourself and build a real business. One that can be profitable for years to come.
Affiliate marketing takes time, effort, and commitment, but it is possible. Although it takes only a little money to start an online business, it allows you to make a lucrative passive income in a long run. Yes, the income can be enormous.
I bet you have seen some products on the market where Mr. Guru releases some secret of turn-key internet marketing techniques (plus free bonuses, valued at $297) that only cost you $29.95. Most of them are scams and delivered empty promises. Read “How Can I Make Money Online Without Being Scammed” in order to keep you away from these fake products.
There are still some good training programs out there, such as:-
For now, I’d recommend you start with my free 7-day email course here on my website if you are serious about starting your very first online business and make money through affiliate marketing with me.
Good luck and all the best!