What are your options?

It has been quite a while since I wrote articles for beginners and since the questions pile up I thought I would write down some options (there are more opttions out there though) you have to make money online and what is required of you to become successful. I also talk about the risks and downbsides with each method.

Resell rights

It is very popular to sell products with resell rights or privale label rights. The biggests advantage with this form of selling is that you will make money instantly when someone buy a product from you. You also get 100% of the profit. As an affiliate you earn a percentage of the sales amount,  you will have to reach the minimum payout and wait up to 2 months before you actually see a paycheck. The disadvantage is that you will need your own website, forum or blog to promote the products. This sometimes means you will have to create a site from scratch but often you get a ready template that you can just kodify a bit and upload to your hosting account. You have to know how to create payment buttons and paste the code in your site but you find full instructions on the payment processors’ websites.
You find a big list of resell rights products you can promote

Blogging

A successful blogger can make millions! The richest bloggers are those that write about a certain topic like fashion, cars, music, games, IT and so on and get hundreds of thousands visitors per week. 2-5 blog posts per day is necessary in order to succeed and the money comes mainly from advertising and promoting affiliate products/services. The more popular your blog is the more advertisers will want to display their banners in your blog. There is a huge series of articles about becoming a super blogger in the where you find info on how to get started, how to get advertisers and much much more.

These are some of the most common methods to make money online and as you probably figured out already, none of them comes without a bit of work. How much you will earn depends on how much effort you put in and how much you know about marketing. There are great guides available online in order to learn more and the hottest guides and sofware is found on the top list. We update the page weekly so that you can be sure to get you hands on up to date guides. We also test and review some of the products so you knoiw exactly what you get for your money.

Affiliate

As an affiliate you earn commission by promotoing other people’s/companies’ products or services. There are many affiliate networks you can join to find products to promote.
In order to make a living as an affiliate you have to build a website or a blog and use it as a pre-sell page. You can also work with a contact list and do email promoting. You mustn’t just send traffic to the merchants website and hope for the best. That used to work a few years ago but those days are over and if you do that you will loose money.
 Today you need to convince your readers to buy a products and put them in the right state of mind before they visit the merchant’s website

You need to know about writing copy that sells, a bit of search engine optimization, write ads that will not cost you fortune but yet get you a lot of traffic. You also need to do keyword research and babysit your campaigns, track the traffic and sales in order to remove the campaigns that doesn’t work and scale the ones that are profitable. Tracking is the key to the cash here.
There is no way to make money as an affiliate with just a few minutes of work per day, it can be hard work but when you strike gold with your campaigns it is well worth it.

Trading with domains can be very profitable but it requires quite a bit of work and research. You have to be a little bit of a fortuneteller and predict what domains will be popular in the near of far future. Some domains you will have to sit on for a few years before they can be sold and some can be sold after only a cuople of months.
The best way to earn money fast with domain trading is to do what we call site site flipping. This means you buy a new or existing domain and create a website. Then you start sending traffic to that website and raise the value of the domain that way. There are a lot of free information about domain trading on our sister site DomainDominating.com where you learn exactly what to do in order to raise the value of a domain, how and where to sell and how much you should ask for.

Stock/currency trading

This used to be a niche for people with razor sharp knowledge about the stock/currency market and who read Financial Times daily. Today there are robots and services you can use that will help you pick stocks/currencies with potential and they will tell you what to buy, when to buy and when to sell. Is sounds like a dream, right? Well there are still risks, the robots cannot predict everything and sometimes you can loose money instead of earn. Not every stock/currency is a winner and your best chance is to also stay updated with the world economy and do your own thinking.  To get started you need to sign up with a stock broker/currency borker service like e-Trade/Forex and transfer money to your account. From the trader account you can buy and sell stocks and currencies and you get real time stats and news. Every transaction will cost you some money so you have to take that into consideration when buying or selling.

PT Sites

Paid To sites offer money when a visitor read ads or email. The payment is very low and your best chance to earn money is to refer a lot of people so you can earn from your downline. You can also buy referral packages from the PT site. This is the easiest way to earn cash but it comes with quite a bit of risk since many PT sites are run by scammers and even if the site is legit it can still go bankrupt overnight. If you choose to work with PT Sites only invest in the ones that have been around for a while and is proven to pay the members.

 

Author: T.J