How to Make Money Online with a Small Business – The Ultimate Guide

If you’re looking for ways to make extra money, you’ve probably considered the lucrative world of online commerce. Plenty of opportunities exist to make a few bucks from the comfort of your home, with various tasks such as data entry, content creation, and marketplace selling offering lucrative commissions.

Whether you’ve got a specific product or service in mind, pondering over the many online marketplaces that exist will likely spark an idea that provides profitable opportunities.

Fortunately, establishing an online commerce business isn’t as difficult as you might think. Provided you follow the proper steps, you’ll be able to tap into this lucrative world of opportunity and begin making profit quickly.

The Basics Of Online Commerce

If you’ve ever shopped online, you’ll have undoubtedly noticed that the vast majority of websites implement some kind of online commerce functionality. When a customer makes a purchase after visiting your site, you’ll receive a payment from the retailer you’ve partnered with. This is known as affiliate marketing.

The functionality behind online commerce enables a business to accept payment for goods and services sold directly on a website. Essentially, online commerce is the process of moving a product from producer to consumer with the aid of a computer or mobile device.

In addition to accepting payments, these technologies also allow for customers to leave feedback, products to be rated, and websites to be archived and searched for keywords.

Where To Start

The first step to establishing an online commerce business is to choose a niche and build a following. If your blog or website focuses on lifestyle, you might want to consider exploring the lucrative world of jewelry; if your expertise lies in real estate, you might want to consider establishing an indie real estate agency. Once you’ve selected a niche, you can begin to explore the many affiliate marketing opportunities that exist in your chosen area of expertise. You can use a tool like Clickbank’s skill-based affiliate network to easily find the products and services you’ll want to promote. 

The Role Of A Digital Marketing Agency

If you’re unfamiliar, digital marketing agencies are companies that specialize in online marketing, including SEO, PPC, and email marketing. As a business owner, you might be tempted to perform these functions yourself, but doing so can be extremely costly and time-consuming. The truth is, you can’t do everything online, and you shouldn’t try. Hiring an agency to handle your digital marketing can prove to be cost-effective and time-saving.

The expertise of digital marketing agencies enables them to design sophisticated online marketing campaigns that maximize your advertising revenue. Furthermore, the role of a digital marketing agency is to strategize, implement, and optimize all online marketing initiatives for their clients. In practice, this means the agency will create a marketing plan that aligns with your business objectives, handles the technical side of the campaign, and monitors and measures its effectiveness. 

Why Choose To Become An Affiliate Marketer?

One of the main reasons why you might want to pursue affiliate marketing as a source of income is the potential to make an immediate profit. In theory, you’ll make a commission whenever someone clicks a link or buys a product that’s promoted on your site. Typically, you’ll earn about 10% of the sale price, though the amount varies depending on the affiliate network and the product being promoted. 

If you’ve ever shopped online, you’ll undoubtedly have noticed that the vast majority of websites offer an affiliate marketing program. This is because it’s an effective and proven way to generate revenue while maintaining a relevant web presence.

Forbes recently ranked the top 30 affiliate marketing opportunities that exist online. Out of the 30, you’ll find several lucrative possibilities, including:

  • Amazon Associates
  • Ebay Associates
  • Craigslist affiliates
  • Clickbank
  • Share-A-Like
  • Jobsite
  • Linkedin affiliates
  • Shopbop affiliates
  • Shopzilla affiliates
  • Quora affiliates
  • Rakuten Affiliates
  • Shopify affiliates
  • Shopbop & Shopzilla
  • Etsy affiliates
  • Fancy affiliates
  • Wishart affiliates
  • LinkedMeter affiliates
  • Share-A-Like & Fancy
  • AddToAny affiliates
  • Share-A-Like & AddToAny
  • Forever 21 affiliates
  • Fancy & AddToAny
  • affiliates
  • Zulily affiliates
  • Rakuten & Zulily
  • Bluefly affiliates
  • Fancy & Bluefly
  • affiliates
  • VF affiliates
  • JOVANI affiliates
  • RubyShoes affiliates
  • Puma affiliates
  • ToryBurch affiliates
  • Forever 21 & Puma
  • & ToryBurch
  • Boohoo affiliates
  • VICONS affiliates
  • Liz Claiborne affiliates
  • Dior affiliates
  • affiliates
  • NastyGal affiliates
  • ToryBurch & MarilynManson
  • affiliates
  • Hanes affiliates
  • Naked ice cream affiliates
  • Kurt Geiger affiliates
  • Banana Republic affiliates
  • Bert & Ernie affiliates
  • Rei Kawakami affiliates
  • Saks Fifth Avenue affiliates
  • Bulgari affiliates
  • Mikimoto affiliates

As this list illustrates, there’s a lot of opportunity in the affiliate marketing world. Furthermore, if you’ve got a website and are looking for ways to make extra cash, you might want to consider exploring the lucrative world of affiliate marketing.