Sunday, December 12, 2010

Some Powerful Ways To Rake In Millions of Dollars of Internet Income (2)

......................continued from last week


(1(3)   Traditional Home Business: this is one of the most common ways of earning income online for most people and this is why I call it traditional home business.

Just like the aforementioned online income opportunities, it gives you the opportunity to earn income from the comfort of your home thereby allowing you freedom to attend to issues like caring for your kids/other needy persons as well as attending to household chores.

This type is very common with work at home mums and it falls into 2 categories where you either work for a company or you work for yourself.

(a(4)   Working for a company from home: Where you work for a company, you will first need to apply and once approved, you will need an e-mail address to which a notification of the jobs to be done would be sent to you.

You then log onto the company’s website and execute the job. Thereafter, you will be paid as agreed when you signed up for the work at home job.

Examples of such jobs are work at home surveys and data entry. Some of them like the survey companies also give other opportunities for you to earn additional income when you refer others.

(b(5)   Article writing: I separate this income opportunity so people don’t confuse it with article writing and submission as a means of advertising your business, which I will explain later on.

In this method, there are article submission directories that also have a service where they pay you to write for them.

You will have to apply to be considered and once approved, you can earn some good money from this. Some sites pay as much as between $2,000 to $5,000 monthly to their writers.

Usually what they look for is a writer that has good command of the English Language, has unique and valuable content to offer as the sole copyright owner. 

The company usually retains the right to the written material and have conditions for their writers to follow if such writers want to use these materials on other article submission sites.

(6)  Blogging: A blog is a website or mini directory you own where you write your own articles of value to readers and also have total control over all of the content on the site.

You can also use articles of similar message written by others but you must as a professional and ethically give due credit to the original writer in the resource box, which I will explain later on.

People make money from blogging by advertising their links to affiliate programs on the blog where visitors can click to see and join. 

Another way they make money is by placing adverts people placed with companies like google, kontera, etc on their blogs; and when people click on these adverts to take a certain action as agreed, the blog owner is paid. Payment to the blog owner for visitors clicking and taking action on such adverts is called Cost Per Action (CPA).

There are free blog sites and there are those you need a personal website for, which means you will need to pay for a domain name and hosting of the site. I will explain this further down this article.

(d(7)   Affiliate programs: in affiliate programs, you work from home either for a company or you work for yourself as the affiliate program owner. When you work for a company, you will be given either products or service to get people to see and take some action. 

You are also given marketing tools and a sales page similar to that of other affiliates but with your own personalised affiliate number to promote to earn income to be sure it was you who brought the customer.

The company usually pays you for people you refer who take some action as agreed that qualifies for payment, e.g. a sale, providing contact details or clicking any of your marketing tools like banners and text links.

In some cases, you are expected to own your own website to place the marketing tools so that you are paid for the agreed action taken by the people you refer.

Where a sale is required through your affiliate link to enable you earn a commission, the company handles the customers’ orders, payment, inventory, shipping and commission payments to you and other affiliates. 

Your job is to drive customers or traffic to be able to see the product or service through your membership link.

There are affiliate programs that require payment of a monthly subscription by members to benefit from products or a service or services within the program at a discounted rate.

Examples are those where you are allowed to buy everyday/regular items like household goods (toiletries, cosmetics, etc) as well as clothing and accessories, DVDs, electronics, etc at discounted rates as long as you remain a member.

When you refer other members to join such programs to enjoy similar benefits, the company pays you also for as long as your referral remains a paying member.

There are other such monthly membership programs where you benefit from exclusive services of a nature that would help you earn substantial additional income; and you are paid for referring new members to join also and you are also paid when they join to benefit from the additional income opportunities within the program.

I want to state a very important point here for you dear reader to note. One major reason most people do not succeed with affiliate programs is because they do not understand what constitutes a good affiliate program. 

In essence, a good affiliate program is one that would provide you with tools and resources to succeed.

Now by tools, I refer to banners and text links containing your affiliate information; more importantly by resources I mean the program owners will support and provide you with adequate information on effective ways to drive customers or traffic to your affiliate sales pages.

Some of these ways are free while others would require an investment. These are meant to ensure that you are able to make sales or get customers to take the agreed action for you to earn commissions.

If you do not get these kinds of support from an affiliate program, then as a new comer it will be most challenging achieving online success with them. This is the number one reason most people stop being members of affiliate programs.

Another salient feature of good affiliate programs is that they pay you not only on sales you make directly but on sales made by those you refer directly (called downlines), sometimes up to 3 – 5 levels deep.

But take note that what is very important is the support provided to help you succeed.

Now where you work for yourself as the affiliate owner, the process is more or less the same with you as the company handling all the other work while your affiliates handle getting customers to visit their affiliate sites to earn a commission.

Some companies have made the work easier for affiliate owners by handling the customers’ orders, payment, inventory, shipping as well as paying the affiliates of the program. 

So, all the affiliate program owner has to do is create a powerful product and register with such companies and an agreed amount is shared between the affiliate program owner and the company.

I have to state here that what is usually accepted for this type are digital or electronic products where the customer can have instant access to the product upon payment, e.g. software, e-books, music, ringtones, etc. That is indeed the power of the internet!

.......................to be continued

(c) copyright Gabriel Ama

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