Affiliate marketing presents a very low friction entry into selling products online. While you do need some type of audience to sell these products or services to, you could make a significant amount of money from home while doing it. Some products or services have very high earnings per click. That means, if you play your cards right, you could easily make a large profit on conversions by driving traffic to specific offers as long as you target the right interests.
Know What to Charge (and When to Charge More). Setting freelance writing rates is notoriously challenging. The value of your work depends on many factors, including your writing style and quality, your niche, your subject matter strengths and professional credentials, your research skills, your production speed, and your ability to work on deadline. As a rule of thumb, licensed professionals (such as lawyers, CPAs, and physicians) can charge more than nonexperts with above-average writing skills. But don’t assume your earning potential is static. As you gain skill and familiarity within your niche or with individual clients’ needs and your professional visibility improves, you’ll become more valuable to current and future clients.
Some companies like 1-800flowers.com outsource customer-service operations to third-party companies who then hire home-based workers or "agents" to take calls and orders. When you call 1-800-flowers, you may be speaking with Rebecca Dooley, a retired police officer and employee of Alpine Access, a major call-center service. When you dialed the number to 1-800-flowers, your call was automatically routed to Rebecca's spare bedroom in Colorado.
The most common way to earn cash back on purchases is with a cash-back credit card. But while a credit card is a great tool for building credit, there are many legitimate arguments against using one. If your spotty credit or personal preferences preclude you from applying for a credit card, don’t sweat it. You have plenty of other opportunities to earn cash back on purchases made in the comfort of your own home. Look into these options:
Bluehost, a web hosting platform that supports more than 2 million websites, offers a phenomenal affiliate program for any business or entrepreneur looking to monetize their blog or website. If you promote Bluehost's products or services on your own blog or website (either through custom banners or links), you can earn anywhere from $65 to $130 per sale generated from your website — an incredibly high fee.
But hope remains. As shelter-in-place restrictions keep most nonessential workers home, opportunities for remote work have been growing. Brie Reynolds, career development manager for FlexJobs — an online job market specializing in flexible and remote work — says the site saw a 4 percent increase in remote job listings in March, compared with February. Plus, with so many jobs shifting home, any stigma against employing remote workers is easing. “Overall, companies seem to be pleasantly surprised at how well remote work is working for them,” Reynolds says. “So that's great. It is providing good solutions right now.”
You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales. Earn Online
When it comes to at-home income, selling your unwanted stuff is the definition of low-hanging fruit. Even if you’re intentional in your purchasing habits, you likely have possessions you can do without. Examples include old kids’ clothing and toys, sporting goods you no longer use, out-of-fashion wardrobe accessories, electronics, valuable but nonsentimental keepsakes such as watches and jewelry, old furniture, dusty tools and outdoor equipment, and perhaps even big-ticket items like a motorcycle or second car.
Proofreading is another lucrative online career. “Most agencies will pay around 25% of the price of a translated document to a proofreader,” advises International Living. “Agencies charge about $75 for the translation of a five-page standard business document. So proofing the same document—which takes about an hour—pays out about $18 to $20.” You can work full time, part-time or around-the-clock. Mediabistro—a site that offers resources for media professionals—has tips on how to become a proofreader.
Writing blog posts is especially effective for providing different opportunities to land on page one of search engines -- for instance, maybe your eyeglass store’s website is on page three of Google for “eyeglasses,” but your “Best Sunglasses of 2018” blog post is on page one, pulling in an impressive amount of traffic (over time, that blog post could also boost your overall website to page one).
According to Jennifer Stevens, executive editor at International Living, the list is vast, but it isn’t comprehensive. “We created it to give people a sense for the scope of opportunity out there,” says Stevens. “We’ve written lots about the different ways expats abroad fund their lives. Sometimes it’s with online work—like writing or drop-shipping. Sometimes it’s in-person services they provide, from running a consignment store to wedding planning. Certainly, the online opportunities provide great flexibility and portability. But it’s worth pointing out that business owners in many places tell us that it’s much easier to start a business abroad because it’s often less expensive and less bureaucratic than it is at home.”
This article was co-authored by Emily Hickey, MS. Emily Hickey is the Founder of Chief Detective, a social media growth agency that helps some of the world’s top retailers and start-ups scale their Facebook and Instagram advertising. She has worked as a growth expert for over 20 years and received her Master’s from the Stanford Graduate School of Business in 2006. This article has been viewed 143,667 times. Earn Online
Coupon sites: If you're offering a new product or service that isn't popular in the marketplace, you might try creating an affiliate partnership with a coupon site for a limited time. While you don't want to lose money by giving your product away at a discount, it could be effective at getting some first-time buyers to check out your website and become brand advocates.
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. Affiliate Marketer
The most common at-home sewing pursuit is clothing alterations, a high-volume niche that’s always in demand. However, depending on your skills and interests, you can pour yourself into a slew of other opportunities: making custom curtains and draperies, repairing heirloom bedclothes and tapestries, assembling and repairing durable fabrics such as canvas bags and totes, or producing large-scale items such as boat covers.
Topic and Structure. It’s not enough to select a popular vertical. You need a compelling topic and a tight structure for each class. After all, everyone wants to learn how to code, but you can’t teach every popular program language in an hour. Build your curriculum around interesting, high-demand topics within your niche. Use real-life examples, hands-on exercises, and attractive graphics (whiteboards work well) whenever possible.
#4-Transcriptionist – Transcriptionists type out audio files and can get paid pretty well for doing it. The files could be audio or video. They'll listen to an audio file and translate it into a long-form text document. An experienced transcriptionist can earn anywhere from $15-$30 per hour. Some jobs do have a quick turnaround time so the faster you type, the better off you will be at this work.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $40,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
Research Costs and Set Fair Starting Prices. Before setting prices for each item, research your local Craigslist website and nearby yard sales to get a sense of how to price them. Remember that many buyers will try to haggle, so set prices a bit higher than your bottom dollar but not so high you’ll scare off first bids. Roughly 10% to 15% higher is a good rule of thumb. Consider bunching low-value items, such as old CDs, into lots of five or 10.
When beginning your affiliate marketing career, you’ll want to cultivate an audience that has very specific interests. This allows you to tailor your affiliate campaigns to that niche, increasing the likelihood that you’ll convert. By establishing yourself as an expert in one area instead of promoting a large array of products, you’ll be able to market to the people most likely to buy the product. Affiliate Marketing
You don’t have to find a long-term tenant to earn income from your home’s unused square footage. Apps like Airbnb, Vrbo, and HomeAway let you rent out your home to business and leisure travelers on a nightly or weekly basis. Depending on prevailing rents in your local market and your space’s size, amenities, and privacy, you could earn anywhere from $40 or $50 to $500 or more per night. Earn Online
Managing Editor. Managing editors supervise and direct editorial teams, including lower-level editors. These jobs are harder to come by and require more of your time, but temporary arrangements look great on your resume. If you lack much formal editing experience, start with smaller blogs and niche publications with modest budgets and limited content needs. Some publications don’t have enough work for a full-time editor, making it feasible to string together a handful of part-time editing gigs or try out a single position to see how it suits you. Internet Marketer
Social networks are a hot spot for work-at-home danger. One company called Easy Tweet Profits claims you can make up to $873/day online. They even claim one person earned $400,000/year using their method of tweeting your way to success. The catch? By signing up for their program you agree to be charged just under $50 per month! There are a whole host of other companies with similar names (usually involving “make money” or “make profits”) that suggest social networking can be a cash cow. But their game is all the same: Whether you’re talking about something you see on Craigslist, eBay, Facebook, Twitter or whatever’s the next hot thing, you’ve got to be wary. Earn Online
Help businesses move up in online search results using your search engine optimization (SEO) skills. SEO experts review and analyze websites, identifying content and design issues that could be dragging them down and providing solutions for improvement. Many companies are seeking to fill this kind of position with full-time, part-time and contract workers. Earn Online
Many media, marketing, and advertising companies rely on freelance artists for photography, graphic design work, illustrations, and more. You'll likely need to show a portfolio of work related to your desired projects or gigs, so make sure to have one handy before applying. Platforms like Fiverr and Upwork can help connect you with these opportunities.
The sharing economy has created new opportunities for regular people to put their excess capital to work. Person-to-person (P2P) lending platforms such as LendingClub and Prosper are reputable outlets for nonaccredited individuals seeking above-average returns on investment – anywhere from 4% to more than 10% annually, after accounting for nonperforming loans and the platforms’ service charges.
Developing and monetizing microsites can also garner a serious amount of sales. These sites are advertised within a partner site or on the sponsored listings of a search engine. They are distinct and separate from the organization’s main site. By offering more focused, relevant content to a specific audience, microsites lead to increased conversions due to their simple and straightforward call to action.
Why We Wrote this Guide? Online marketing moves at the speed of light. To keep up, you need a strong foundation with the judgment to think critically, act independently, and be relentlessly creative. That’s why we wrote this guide — to empower you with the mental building blocks to stay ahead in an aggressive industry.There are plenty of guides to marketing. From textbooks to online video tutorials, you can really take your pick. But, we felt that there was something missing — a guide that really starts at the beginning to equip already-intelligent professionals with a healthy balance of strategic and tactical advice. The Beginner’s Guide to Online Marketing closes that gap.
Accommodate Multiple Forms of Payment. Many deal-seekers carry cash, but you want to accommodate every potential buyer. So in the days leading up to the event, consider purchasing a point-of-sale system that can accept credit cards. Square is a popular and relatively cost-effective option. It doesn’t cost anything upfront and bundles credit card processing fees into one relatively low fee: 2.6% plus $0.10 per transaction, for a net of $97.30 for every $100 charged. It’s a small price to pay to capture the ever-growing cashless consumer demographic. On the day before the sale, visit the bank and grab $100 in small bills and coin rolls to ensure you’ll have enough change for buyers who do prefer cash.
Next come the nuts and bolts: choosing and buying a Web domain, hosting and designing your site, and planning content. While this is a lot of work to put in before publishing your first post, resist the temptation to cut corners. You’re laying the foundation, hopefully, for a long-term endeavor. Once you’ve created a quality site and built a following, there are plenty of ways to make money from your blog. Affiliate Marketer
GreenGeeks, an eco-friendly, secure web hosting platform, allows you to earn up to $100 per sale. They have a tiered program that pays generously — including $50 for just one sale, and $100 for six or more. Additionally, the company provides a selection of creatives, content, and banners to ensure you're proud of the link or banner you include on your website or blog.
Wirecutter's affiliate program might make you doubt the legitimacy of Wirecutter's recommendations -- but, in fact, it's quite the opposite. Wirecutter only makes commission when a reader purchases a product from an affiliate retailer and doesn't return the product. Wirecutter, then, has no incentive to promote inferior products -- if they did, they'd make less money and turn away readers.
Decide if marketing is a career fit for you. Consider taking a personality test, which will reveal your preferences. A test similar to the popular Myers-Briggs test can be found at 16personalities, and there are many others. This test will reveal your work preferences. See how of your preferences match the skills needed to be an Internet marketer. Earn Online
The General Data Protection Regulation (GDPR), which took effect on May 25, 2018, is a set of regulations governing the use of personal data across the EU. This is forcing some affiliates to obtain user data through opt-in consent (updated privacy policies and cookie notices), even if they are not located in the European Union. This new regulation should also remind you to follow FTC guidelines and clearly disclose that you receive affiliate commissions from your recommendations.
Merchants receiving a large percentage of their revenue from the affiliate channel can become reliant on their affiliate partners. This can lead to affiliate marketers leveraging their important status to receive higher commissions and better deals with their advertisers. Whether it’s CPA, CPL, or CPC commission structures, there are a lot of high paying affiliate programs and affiliate marketers are in the driver’s seat.
“In recent years, YouTube has grown into the go-to source for all manner of video courses and guides,” says International Living. “Instructors can monetize their videos by charging a subscription fee or password protecting content for paying customers only.” This article shares some tips from one real estate agent who made $100,000 in one month on YouTube. Another piece of advice from International Living: Get to know the phrases that people search for. To find potential search phrases, start typing “how to [your topic]” into YouTube’s search bar and notice what phrases are generated in the auto-fill dropdown. Make sure to use the same keywords when you write your video title, description, and tags.
Email marketing: This is best in small doses. You don't want any partners sending out bulk emails to customers who aren't interested in your products or services, but with proper consideration for who's receiving the email, this could be an effective method. For instance, if you sell design tools, you might reach out to marketing agencies and ask, if they're working with a specific client on a design project, whether they might consider sending a URL from your site within the body of the email. This could help their clients leverage your tools to create higher-quality content, while giving agencies an added source of income. Internet Marketer