One of the most common complaints I hear from people who want to make money online is “none of these make money opportunities seem legitimate.” My response is always the same: you’re not going to make money doing anything if you don’t know how to do it right.
A lot of people think getting rich quick is what attracts you to scams like these, but that’s not at all true. To me, the promise of financial freedom is always what motivates scammers to come up with these get-rich-quick plans, but it can be difficult to understand how you can make money without risking your own money first.
In this article, I’ll be going over how to make money online legitimately without risk, using a method I’ve tested and proven to make money online using an affiliate marketing strategy. For those of you who want to make extra cash online, this is a perfect opportunity for you as you’ll be taking on minimal risk and potentially earning a solid revenue stream.
Step #1. Create a Product
The first step to making money online is creating a product. You’ll need to choose a niche, pick a name for the product, and find a way to sell it. The easiest way to make money is to choose a niche that has a market share of some sort. For example, if you’re passionate about lifestyle, you could create a product that helps people become more active and fit a niche like exercise gear or fitness products.
If you run a business website, consider using that to promote your product. For instance, you could interview popular bloggers in your niche who could become brand ambassadors for your product. When their readers learn about your product through their article, they’ll be able to see the value in what you have to offer and decide to purchase it themselves.
Step #2. Create Content
The second step to making money online is creating content. You’ll need to find a way to explain what your product is and how it works. To do this, you could write a how-to guide for beginners, create a video tutorial on the best uses for your product, or come up with entertaining content that’ll make your audience want to learn more about your product. You could also write a blog post on the topic of your product and include marketing tips and advice.
When choosing affiliate marketing partners, it’s important to keep in mind the commission percentage they’ll pay you on each sale. Not all companies are created equal, and some will pay you much lower commissions than others. It’s important to find a company that’s willing to pay you a minimum of 30% commission for products you sell them. If that sounds good, continue reading.
Step #3. Start an Affiliate Marketing Campaign
Once you’ve created content for your product, it’s time to start an affiliate marketing campaign. To do this, you’ll need to find affiliate marketing partners who’ll pay you commission for each sale generated from their website. When setting up your affiliate marketing program, it’s important to choose partners who have a large audience that’s likely to be interested in your product.
You can find affiliate marketing partners in different ways. For example, you could join affiliate networks like ShareASale, RevGlue, and ClickBank who’re always looking for reputable affiliates to include in their program. Alternatively, you can look for companies that sell and manage affiliate marketing programs for a living such as Authority Labs, Silver Ventures, and 1×1 Media.
Once you’ve joined an affiliate network, it’s time to pick an affiliate program to join. It doesn’t matter which one you choose as they all have advantages and disadvantages. To ensure you pick the right program for your needs, ask yourself these questions:
Do I want to join a Network That Has A Large Audience?
If you want to make money online, this is the most important question. The better the audience, the better your chances of earning money. When choosing affiliate networks, it’s important to keep in mind the size of their audience. If you have a huge audience, you’ll be able to choose from a variety of attractive affiliate programs. Alternatively, if you have a small audience, you may want to consider exploring opt-in email marketing or creating your own affiliate program from the ground up.
Am I Ready To Take On Minimal Risk?
If making money online is more up your street, this is the question you need to ask yourself. A lot of people looking to make some extra cash online take on too much risk by doing everything themselves without any help. While it’s tempting to get started making money online without any experience, you’ll be better off investing in tutorials and learning from someone who’s done this before.
If you’re looking for an easy way to make money online, you don’t need to worry about creating your product or figuring out how to sell it. All you need to do is get started with an affiliate marketing program and wait for people to come to you.
Step #4. Start Earning
Once you’ve started an affiliate marketing campaign, you’ll start earning revenue. To keep up with the demand, you could either look for additional affiliate marketing partners or find ways to scale up your current program. If you decide to go the extra mile, you could create a group of affiliate marketers who work together to promote the same product and earn additional commission.
To test the waters and see how profitable affiliate marketing can be, you could try affiliate marketing for free using tools like WordPress, Shopify, and Teachable. These tools make it easy to set up an online store, create affiliate marketing campaigns, and track conversions. While you’re at it, you could even pick up a few niches to promote as you can use your blog to test new products and learn from other marketers.
Use This Knowledge To Your Advantage
Once you’ve proven that affiliate marketing is a viable option to supplement your income, it’s time to put your knowledge to use. To do this, you could write a book about the topic of your product or start an online store to sell your own products. Additionally, you could use your blog to share valuable information with other marketers who’ll benefit from your expertise.
To succeed as an affiliate marketer, you need to follow the 4 step process I’ve described above. To ensure you’re not scamming investors, you should also register with the FTC. If you want to make extra cash online, now is the time to do it. However, don’t expect to make a fortune as you’ll be competing with thousands of other marketers for limited advertising space and affiliate commissions.