2 Ways To Make Money Online

If you are looking for ways to make money online, you've come to the right place. There are two popular ways that people make a living on the web. The first is through Amazon affiliate marketing where you earn money simply by recommending products through your site or blog, and then Amazon sends commissions for sales of those products.

The second way is through outbound marketing where you build up your personal brand and then charge prospects to get in contact with your audience. This leads them to buy your products or services and makes you some cash in return. I'm going to quickly go over both types of marketing because they can work together as long as one offers an extra value-add that the other doesn't already provide.

The one thing these two ways have in common is they both use your time to earn you money. In both cases, you have to generate as much traffic as possible so that when people do buy something from you, they become a customer for life, and then recoup their money through sales. You don't want them becoming a customer for the sake of buying something, you want them buying something because they need or want it, not just because you asked them to.

So how can you make money online? Let's start with Amazon affiliate marketing. If you're an Amazon Affiliate with a few hundred products on your site or blog, then it's easy to generate sales by recommending products that people are already looking at. But you can't just link to any product and expect people to buy it. You have to think of value-adds that cause people to purchase the product. This is usually accomplished by giving them more information about the product, so that they can make an informed decision about buying it. They need to see what other customers are saying about the products, how much they cost elsewhere on Amazon, and if they're going to purchase them elsewhere, why they should buy it from your site instead.

But even while you generate sales through your site or blog, there's a way for you to generate more traffic using Facebook ads which pays for your advertising if someone clicks on an ad and then purchases a product within 24 hours of clicking on it. So you're not paying for ads that don't result in sales, and it's a fast turn-around so you can test ads quickly.

Your Amazon affiliate site or blog earns a commission on every sale that results from a click on your link. The commission is 4% as long as the product has at least $3 in sales. So if someone clicks on an ad and buys the product, you get 4%. If someone clicks on an ad, visits your site, and then goes to Amazon to buy the product without clicking through to your site, then you only get 2.5%. Even if they go to your site, click on an ad and then buy the product from Amazon, you still only get 2.5%.

Because the number of products on Amazon is limited, you can't really build a big niche-marketing site around just one product. You need to be able to diversify your revenue streams so that you can earn more money than if you just sold one product. So what I recommend is that once you hit $100 in sales through your affiliate site or blog, don't stop there. The next step is to begin building out a business directory where people can buy a wide range of other products without going directly to Amazon themselves. This is a great way to earn money with Amazon affiliate marketing.

In the past, people have done this by setting up a blog, ads on Google, and links back to their own sites for each product that they were selling. I don't recommend doing this because it takes a lot of time to build up that traffic. You have to build out your blog link yourself which can be very time-consuming, and then the traffic comes in slowly over time because of all the links that you've built. If you want more sales quickly, you'll need to learn how Facebook ads work.

You select what ad you want to display based on what kind of businesses or products are in your niche. Let's say you sell cordless drills. A good target audience would be people who have liked the pages for other home improvement products, or who have watched videos on how to build something, or similar topics. You simply create and test different ads until you find one that gets a high click-through rate and a high number of conversions (sales).

You can also try different ads to see what will convert best. If you're trying to target plumbers with your ads, then your ad may be something like "Top 10 Cordless Drills for Plumbing", while another ad might be "The Best Cordless Drills Under $50". See which ones work the best for you and your products.

The good thing about this approach is that it's not hard to find a needle in a haystack if you know what the haystack looks like. The bad thing about it is, if you don't know what your niche market looks like, then it will be difficult to find ads that will convert at high rates.

There are also ways to make money online through outbound marketing where you're the one generating leads and sales by offering a valuable service instead of just being another cog in the distribution chain of an Amazon affiliate site or blog. I'm going to try to make this as clear as possible without going into too much detail.

In my niche of marketing and consulting, I know that there are three main ways to build a successful business:

1. Build a profitable, scalable business that is rich in value and solves a problem. 2. Build an easy-to-market business that is easy for people to find online (like a blog). 3. Build an ambitious version of #2 where your offering can be packaged together with other products or services and sold as one complete "package" for the customer in order to boost your sales (this is what I mean when I say you can be a lead generation company instead of just another selling Amazon affiliate site). I believe that the #3 approach is the best way to build a scalable business.

So if you've built a #2 type of business, it's time to make an ambitious attempt at building a #3 type business. You can help your sales by offering a secondary product or service as part of your primary offering. You can also use Amazon affiliate marketing because you're already selling something that people need in order for them to buy your primary product or service.

Your secondary offering can be very simple, where all you have to do is advertise it on Facebook ads with a 1% commission, let's say.

Conclusion

I hope that this guide has helped you understand the process of Amazon affiliate marketing and how to use social media to find profitable products and services to sell on Amazon. I also hope it's spurred you on to start your own business using this approach.

The best way to get started is by joining Amazon Affiliate Program today. Here is the affiliate link:

Note that if you're an affiliate program, there are some things you should know about your payment terms: commission rates start at 4% for products that sell for $3 or more, and drop based upon the price of the product. You earn more money when someone buys a product between $10-100 than when they buy a product under $10.