Top tips for earning online
82Introduction and What's to Come
At the requests of others, I'd like to create a new resource to help others learn how to earn successfully online. I'm taking the background I have in business and marketing, and pairing it with own experience online to help you find out what works and what doesn't. I'll also be reviewing (and accepting reviews of) today's most popular affiliate programs and home based businesses. If you're looking to earn an income online, consistently and successfully, this is the spot for you!
We'll be looking at some of the common money-making methods, why those that work do work, and why those that don't work, don't. We'll also be giving out daily tips to get you going in the right direction!
Today's Online Money-Making Options
Today, there are several ways to earn online. Some of the most popular are paid surveys, affiliate programs, Google Adsense, eBay and similar storefronts, and home based business opportunities. We'll be looking into each of these, weighing out the pros and cons, and helping you figure out which is right for you!
Paid Surveys
Paid Surveys can be a great way to earn extra cash on the side while you spend your time and have your fun online. However, don't expect more than pocket change or gas money for your vehicle here and there. Here is the low-down on the paid survey opportunities.
- generally speaking, you would need to sign up with several survey companies in order to spread yourself and receive more paid survey options
- you will need to set aside a few hours a day for the answering of surveys
- as surveys come up that match your interest, experience or location, they are sent to you
- sometimes the filling out of a survey may be accompanied by a trial offer, which must also be completed in order to receive credit full credit for the survey
- once the company has received your response and recorded it, you should receive a confirmation via email
- if you have completed all necessary steps, you are paid the promised amount, usually via an online payment processor such as Paypal.
Next, with an option like this, you are at the mercy of your chosen paid survey companies. It is possible that you will not receive surveys every day. It is also possible that your ability to participate in the higher-paying panels could be limited due to your age, gender, buying power (whether or not you have a major credit card or debit card and have shopped/can shop online).
Also, as I mentioned above, you may be required to participate in trial offers from time to time. While many of these offers are free, many also require your credit or debit card number. We all know how hard it is to remain safe online. I personally don't recommend programs that require your credit card or financial information without you purchasing anything. This can open the door to unwanted enrollment in memberships and other programs that you have little (if any) prior knowledge about. If you choose to go the way of paid surveys, I highly suggest you avoid those with trial offers attached, despite how much compensation is being offered. Your payment will not be immediate, but your charges will!
For these reasons, I do not consider paid surveys the best option unless you're only looking to earn a few bucks here and there (perhaps for gas money, a date, or just extra spending). If you are looking to earn more than this, I seriously suggest you look into some of the other options I'll be discussing.
Affiliate Programs
If you're looking for more opportunity to earn, without the responsibilities of an actual business structure, affiliate programs make a great sidekick to your main projects. Affiliate programs can provide great complimentary content and advertising. They are one of the best ways to appeal to your blog's or website's visitors by providing additional information and product suggestions.
A good affiliate program can have many benefits. For starters, they can provide affiliates with the opportunity to earn an income from sales of related items without the stress or expense of stocking or shipping products. Most affiliate programs are also free to join and promote, and only require basic info like an ss# and some kind of payment processor for accepting payments. That means internet users with limited funds for start-up can still profit online. Another great benefit of affiliate programs is that you can often customize that look and feel of the ads you want to display on your website or blog. There are usually a variety of choices for ads, from banners to simple text links to skyscraper (vertical) ads, and even mini store fronts. This can help create a seamless web experience for your visitors. And last, many affiliate programs are set up to help you earn through multiple levels. That means there's usually a lot of benefit in referring other affiliates (instead of just selling product), and in encouraging those affiliates to promote as well.
Seems like a good deal right? Who wouldn't want a full-scale business without the start-up costs or pressures? Well, there are unfortunately some downsides to affiliate marketing, some of which can outweigh the benefits if you aren't careful. Most affiliate programs will provide you with coding or images to place on your site. The downside is that you have to have a website already set up and running to really benefit. Rarely have I ever seen affiliate marketing work solely through ads. This can be especially inconvenient for those without the technical skills, funds or time to create a good website and register a good domain. Once that aspect is taken care of, you face the issue of driving major amounts of traffic to that blog or site. This can be hard for those that aren't proficient with internet marketing. Worse, many newbies to internet marketing (which we'll refer to from here on as IM) tend to seek out and buy into programs that supposedly teach the necessary skills to become experts at affiliate marketing. While there are some great programs out there, most of the good ones cost, which is what most affiliates are trying to avoid. Furthermore, most of these programs recommend advertising methods that aren't free, meaning a newbie with little or no experience is now being encouraged to pay for advertising. And the money made with some affiliate programs can be less than worth the effort, as many programs only pay out a small percentage of a sale to members. There are some programs that offer commissions as high as 50% or even 75% payout, but they are unfortunately few and far between (and then you have to consider what that 50% translates to in actual earnings). At the end of all this, what was once a free affiliate program is now costing a lot, without paying a lot in return!
This is strictly a matter of opinion, but it seems as if most folks who run affiliate programs in the hopes of earning big money put as much time and effort into promotion and marketing as an entrepreneur running an actual business(most of which bring higher profits). For this reason, it just seems more benefitial to look into actual business opportunities as opposed to affiliate programs. I'd only recommend these for those who already have some experience with IM.
If you are interested in affiliate marketing, my advice is to hook up with a mentor who can teach you the basics of IM and the basics of creating an effective website or blog. Once you get that down, it will take some time for you to get your site up and running, so don't be in a rush to earn. Affiliate marketing is by no means intended to make one rich overnight. Once your site is up, focus your energy on driving targeted traffic to your website or blog. It would also be a good idea to find other high-ranking sites that are related to your topic of choice, and ask about the possibility of exchanging links. Just to remind you, the least expensive methods can be time-consuming, so don't be in a rush. Just work through step-by-step, put in a bit of effort every day, and you'll start to see the benefits.
Feel free to post comments on some of the better affiliate programs so that we can help create a working database for all who are interested!
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Comments
I started out with AdlandPro and am still affiliated. My Friends in the community has help me [the quick study] study fast and now my business is emerging into a BRAND: Jaz Live Cash Culture. I love to search portals to see how many times "Jaz Live Cash Culture" hits.
Well, I was looking around and here I am. I always enjoy reading information and grading it. I own a lead generation company, SEO, Web site design, flash, flash presentation, and some other services. I graded you with a C, just because you took the time to write it. I did read something you did not like about MLM on another blog, and I think that is how I ended up here. First, if you are the surveyER, you will lose you butt. You have to be the affiliate, selling someone to fill them out. If you are the one actually filling them out, you will LOSE money, and it can be more than a few bucks. So that advice was not real good. Second, you have no idea how we generate leads through new technology. Lead companies are not doing very well, and as far as that goes, it's about time. We generate a crap load of money off of some great marketing techniques. Times have changed since it sounded like you did any marking from your home. We do not ever cold call, everyone of our sales comes to us. I do understand that 95% of the people have no idea what SEO even is....but we are into all new stuff without being on a search engine. It is the best I have ever seen it for sales. Anyway, have a great day and I hope you make a load of money and help put smiles on your peoples faces as well. Good luck.
Dave
I typed this really fast so sorry for the mistakes because I know I made some :-)
Thanks for the great comments guys! More to come this Monday!
I disagree with you Dave. There are many lead generation companies that operate on a less than honest basis. Lead contact information collected isn't always verified, and many leads have not even consented to becoming such. This does not mean your company specifically. However, the reality exists (and anyone who's purchased leads recently can tell you) that many lead companies do not offer the quality leads they boast.
I am currently involved with internet marketing and home business. Both my fiancee and I now work completely and successfully from home, and we're both involved with very recent direct sales companies. However, we've also had experience with other recent MLM companies and moved on because we did not agree with their practices. This is my opinion. It isn't meant to down the entire MLM industry, but it is our feeling on MLM based on several companies we've been involved with in the past. We ended up having the same problems with each one. I don't doubt that there are great MLM companies out there, but many aren't worth the investment to me.
Good luck to you!
Power Advisor
My personal experience with lead generation companies has not been favorable.
I now exclusively create my own traffic to my affiliate websites. Most of what I learned I have learned from Perfect Wealth Formula. I use the tactics and techniques they teach to generate a full time income online.
I love your hub and look forward to visiting on a regular basis.
Thanks
Tex
Hi Tex, and thanks! I agree, I now do my own lead generation using a variety of marketing methods. I've learned how to use these methods effectively from EDC Gold. And like you, I use the techniques and methods they teach (many of which are completely free to do) to earn income from home.
As I said, there is a better way to generate leads (no matter what industry or profession you're in) for your website. It just takes effort (more than folks like to put in). I don't mean to sound harsh, but I just feel that purchasing leads is the easy or lazy way of doing things (and expensive to boot). That's just my honest opinion...
-PA27
well researched hub, usefull tips!!
Excellent content for any venture including MLM Company evaluation. Thanks!
great post. i have been following your posts and find your resources very useful. thanks for sharing your marketing background with the rest of us. If you will permit me a link, i would like to invite you and your readers to my online newsletter hub titled NETfabulous! Marketing Online Course at http://hubpages.com/_1ktapz7juyo3a/hub/A-Study-in-
Thanks for some new insites. I think I'm going to investigate "Paid Surveys"
The true KEY to online success has nothing to do with the program you are involved with but the PASSION that you have for it . MLM is all about serving the ones that you sponsor. If you have no time for them to develop then you have no business. Lead generation can be done in so many ways, but the easiest is to offer free reports or information on how to build a business so that your leads are definitely looking for what you will eventually offer. The money is in the list and good rapport with the members on your list is vitally important. Using video, audio, and other techniques are vitally important in today's internet world. Thanks for the hub and best regards.
Daniel Pyle
"The true KEY to online success has nothing to do with the program you are involved with but the PASSION that you have for it"
I think this is a GREAT quote! not only for mlm
danielpyle, I have to disagree with something you've said. While success is a great deal about one's passion for one's chosen program, the program itself DOES matter. You can be as passionate as you want to about selling used toothpicks, but if the product isn't a useful one and the program isn't structured well, it just won't be successful. This is my opinion, but also comes from what I've seen of several home business opportunities.
I do agree, however, that the money and success is in the list and in the relationship one develops with their list. Based on some newer techniques, I am restructuring my entire marketing strategy to focus more on this aspect of lead generation. We have all been taught a very old-school way of marketing - focusing only on driving traffic to a sales letter and hoping for the best (one of my favorite mentors calls this "hope marketing." If you know who he is, then you're steps ahead of the game!). I am now focusing all of my efforts (and the mindset of my team members) on a newer and more personal way to market. It is proving quite successful and is something that EVERYONE, regardless of your opportunity or affiliate program, should be doing. If you want to know more, feel free to contact me!
Great Page Love The Info!
Make $500 Daily See Proof http://www.CashGiftSite.com
Very interesting hub but sounds quite basic.Anyway it's great content so keep writing!










waynet says:
13 months ago
Can't wait for more of these hubs, cheers!!
I did paid surveys when I first started out and getting paid for peanuts or even just points depressed me, so I went into affiliate marketing and there is loads of great opportunities out there to earn from and I am!!