So, you've finally decided to take that giant leap of faith and
start your very own home based internet business. You've decided that
it's finally time to step up to the plate and claim your share of all
those internet riches you keep hearing about. Only problem is, now that
you've finally made your decision, it seems like a pretty daunting task
deciding what to do next. Using the term "information overload" to
describe the problem seems like a huge understatement
.
Well, if you're really serious about starting your own home based
internet business, the next step really doesn't have to be that
difficult at all. There are 3 relatively simple ways to start making an
online income and one of them is sure to fit your particular idea of
what it is you would like to do. So, just relax, take a deep breath, and
peruse the following list until you find something that strikes the
right cord.
1-Join One or Several Affiliate Programs
This is probably one of the easiest and quickest ways to get
started making money online. The internet is full of products that
have affiliate programs you can join and most of them pay generous
commissions. When you join an affiliate program, you are simply making
an agreement with the owner of a product that you will receive a
commision in exchange for referring a prospect to that person's product
(usually a sales page that you have sent the prospect to via your
affiliate link) if that prospect ends up making a purchase.
Start by choosing a product or service that you're interested in
and then visit some of the websites which have achieved top rankings for
the keywords which describe that topic. You're sure to find the top
affiliate programs for that industry relatively quickly. Or, try
visiting one of the many affiliate program directories (you can find
them quickly enough in Google) and scan their listings and
recommendations until you find something that appeals to you.
This is a good one for newbies since you don't even need your own
website to get started. You will, however, need to learn how to use the
pay per clicks so you can get some targeted traffic to your affiliate
link. Once you start generating some income from the pay per clicks, you
can then start reinvesting some of your profits and get yourself set up
with your own website. By that time the prospect of getting set up with
your own website won't seem so daunting.
2-Join a Residual Income Program
Residual income programs are somewhat similiar to affiliate programs in
that you typically get paid for referring a prospect to the program's
website if that prospect decides to make a purchase. However, the
difference lies in the fact that with these programs you also have the
opportunity to earn a monthly recurring income if the prospect you refer
becomes a paying member of the residual income opportunity program. For
example, I belong to one of these programs myself. If a prospect comes
to my website and clicks on a link which
takes them to the sales page for the product and they buy, then I get a
commission. However, if that prospect also decides to become a member of
the residual income opportunity program, then I get a check every month
as long as that prospect remains a member of that program.
People tend to be skeptical of these programs and get them confused with
pyramid schemes. The way to tell if one of these programs is a pyramid
scheme is to simply determine if the company in question offers a real
honest to goodness product or service. If so, it cannot be classified as
a pyramid scheme and you should be okay. Don't be scared off by the fact
that you will most likely have to pay a monthly fee to participate in
the residual income opportunity. If you can build a downline for
yourself in one of these programs, the monthly fee will be negligible
compared to the potential residual income you could earn. Alot of these
programs will provide you with your own cookie cutter website, which is
okay if you are just getting started. Again, use the pay per clicks to
start generating some traffic and then work on getting your own site up
so you can start to build your own opt in list.
3-Sell a Hard Good or Downloadable Infoproduct
Okay, okay, I know this one doesn't sound so simple or easy, but to be
honest, it's really not as hard as it might first appear. Selling a hard
good entails offering a real physical product (like fishing poles, for
instance) for sale in your own online retail store. If this idea really
appeals to you, go for it. Brainstorm some products you would enjoy
selling, then do some keyword research in Wordtracker to develop a
targeted niche within that market (deep sea fishing poles?)
After that, you can use a drop ship source directory or the search
engines to find manufacturers or distributors who will drop ship the
merchandise for you (meaning they ship it directly to the customer and
you don't have to carry any inventory). Then go to Ebay or Yahoo and
sign up for one of their stores. I know from personal experience that
Yahoo has some merchant hosting packages that are great and super easy
to use. They'll even provide you with a shopping cart feature and help
get you set up with a merchant account (so you can accept credit cards).
Plus, you'll get some traffic already built in since millions of people
are using their shopping directory to browse for
products every day.
As for the website itself, don't worry. Most hosting companies today
have some type of site builidng solution available for those customers
who wouldn't know an html code from a java script. Believe me folks, if
I, a completely technically useless and html challenged technophobe can
do this, ANYONE can.
Now, as to the infoproduct. By the way, I mean YOUR OWN infoproduct.
Everyone on the web and their mother will tell you that this is the best
way to make the really big bucks online. Write about something you know
and/or love. The topic of internet marketing seems to have been way
overdone. Unless, of course, you are a true expert on some niche
internet marketing subject, then definitely do it. Just don't do it
because everyone else is.
As for the actual writing, you don't even have to do that if you
really don't want to. You can check out a site like elance.com and post
your project and have writers bid on completing the project for you! And
there are so many easy to use PDF ebook creators available that
formatting the book should pose no technical challenge whatsoever. Set
up a simple little one sales page website with a link for payment
processing, optimize the site for the engines, use the pay per clicks,
find some JV partners, and you're in the money!
By the way, I know of some guys who have about 10 or 15 of these little
mini sites set up selling little reports on niche topics and raking in
an average of $2,000 a month from each site. And they're incredibly easy
to set up and practically run on autopilot once you do!
Well, there you have it. Just a few relatively simple ways to get you
started on the way to raking in YOUR share of the internet gold mine!
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Andrea Hayhurst is an internet marketing professional and
publishes "How to Succeed Online", a fresh and
informative newsletter dedicated to supporting people like
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