The world of commerce has changed. Thanks to the invention of the internet, anyone can set up a storefront online and start selling products directly to customers. Thanks to affiliate marketing and other online marketing strategies, there are a variety of ways to make money online without having to risk capital on a big-name product you might not make any money off of. The following will discuss five ways you can make money online through marketing.
Advertising
The first and most obvious way to make money online is to put ads on your site. You can do this through affiliate marketing, which earns you a commission when a customer clicks a monetized link or buys a product that’s promoted on your blog. You might choose to try Google Adsense, which places relevant ads on your site that customers may click on. Alternatively, you could try a specialized ad network like ConvertKit, which places contextual ads on your site that are relevant to the content you’re presenting.
Affiliate Marketing
Affiliate marketing is when you earn commissions based on the sales you bring in from someone else’s product or service. For example, you may choose to promote a product or service from a brand you love and make a small commission when a customer buys that product or service through your affiliate link. You can use affiliate marketing to promote any product or service, whether it’s digital or physical, and get paid accordingly when a customer clicks on your affiliate link and makes a purchase.
The most popular affiliate marketing platforms are Shopify, Woocommerce, and Strikingly. These platforms make it easy to set up an affiliate store, and they also provide you with all the tools you need to successfully run an online store (such as inventory management and shipping solutions). If you’re looking to learn more, you can read our thorough review of Shopify’s affiliate program here
Product Creation
Creating products is another strategy for making money online. Whether you’re a skilled designer or an entrepreneur looking to launch a new product, you can use a tool like Shopify to create beautiful products and get them manufactured for sale online. You can also use tools like ClickFunnels to create an online store that promotes various products you might have created.
Selling & Marketing Works
Selling & marketing works is another way to make money online. Essentially, this strategy combines affiliate marketing with a one-to-one sales approach. For example, you may become a sales agent for a digital product that provides leads, traffic, and conversion optimizers. You make a commission for every product purchased through your affiliate link (after a fixed royalty payout).
Selling & marketing works can be an effective way to make money online. You can also use tools like Google Analytics to track the results of your marketing efforts and see what’s working and what’s not. Sometimes it’s hard to know what’s producing the best results without some kind of metrics.
Data Analysis
Data analysis is the process of analyzing large amounts of information in order to uncover meaningful trends and uncover unknown information. Many businesses do data analysis to inform marketing decisions, but savvy marketers can also use this information to their advantage.
For example, if you’re able to pinpoint that specific blog posts about fashion are most popular, you may decide to promote fashion-related products or services on your blog. Using tools like Google Analytics, you can track the results of your efforts and optimize your content to fit your target audience.
CPA Marketing
CPA (Cost per Action) marketing is a type of incentive marketing that pays you when a customer takes a certain action (like making a purchase or signing up for a newsletter). Some examples of CPA marketing are Referral commissions on a product purchased, or getting paid to drive traffic to a site (like getting paid to click on an ad or using a tool like Google Adsense).
If you’re interested in trying CPA Marketing, you can sign up for a free account with ClickFunnels and create a funnels for each of the actions you want to track. Then simply install the tracking pixel on each funnel and you’ll be able to see how effective your marketing strategies are in real time.
As you can see, there are numerous ways you can make money online through marketing. If you’re looking to get started, simply create an account on a tool like Shopify and get to designing!