Internet marketing guru Bob Gatchel hosted a webinar on how to get started making money on the internet with free, easy and cheap ways. Gatchel has been an internet marketing consultant and student of the internet for over ten years. He recommends that you begin by picking one technique to generate income and scale up your efforts to increase your income. Then pick another technique and do the same thing until you have multiple streams of income. Here are some of the ways you can make money on the internet.
Affiliate or Associate Marketing
Affiliate marketing is the king of making money on-line because it allows you to sell other people’s stuff. These other “people” can be huge companies like Amazon. If you join their associates program, every time you send someone to Amazon using the special affiliate links they give you, Amazon will pay you a percentage of every sale. You are a broker and you never touch any products — it is a system that is one-hundred percent hands off. Fortunes have been made on affiliate marketing and there are people making from six figures a year to six figures a month on affiliate programs. This is a widely-accepted business model and a lot of big companies are starting their own programs.
Products that can be sold are not only physical products but informational products such as e-books, software and services. One of the best digital products retailers on the web is Click Bank and it has an affiliate program. Gatchel stressed that getting signed up with affiliate programs is free and you get instant access to an arsenal of products to sell.
You can also create an informational product, sell it on Click Bank and set up an affiliate program for others to sell the product for you. Another money-making idea is to give away a product and make money by linking the give-away product to other related products you can sell. For example, when people open a give-away e-book, they will be taken to a page where they see other products you get paid to sell as an affiliate. “Informational products”, says Gatchel, “is a delivery mechanism for your affiliate links.”
There are companies out there called affiliate marketing brokers, and they are companies that manage affiliate programs for other companies. One of the largest affiliate managers is Commission Junction and it manages thousands of companies’ affiliate programs. You sign up as a publisher and you publish links to drive business to their companies. Commission Junction provides all of the software, tracking and links. Once you join Commission Junction, you have access to a wide menu of affiliate programs. You can sign up for free, pick companies you want to sell products for, and Commission Junction will provide you the tools. Another affiliate marketing broker to note is Link Share and one of their biggest clients is Walmart.
A blog is a spoke on the affiliate wheel and is in essence a website that you can get for free. Blogs are websites that are fluid, constantly growing and relevant to specific topics. Visit Google’s Blog (Blogger) where you can create a blog for free about anything you want. Another free blog you can check out is Word Press. After you set up your blog, you need to get content to fill up your blog and attract visitors and search engines. In order to make money, you will have your affiliate links on your blog.
There are trends on the internet, and if you go out and find trendy subjects, you can create blogs around those trends and make money from them. You can find trends by Googling “trends,” and you will get all of the trends that Google finds from searches. When you find a trend, create a blog and make sure that the trend’s exact name is in the web address. Then you get the content for that blog from EzineArticles. You can cut and paste articles from Ezine for free as long as you give credit to the source of the articles. Then you add your affiliate links to the blog for products related to the articles.
In order to kick your blog into high gear and get maximum exposure, go to PingGoat which syndicates your blog by notifying the search engines and services that track blogs and publish them that your blog has been updated. The pinging prompts them to crawl and index your site, and publish your blog contents.
There is a secret little trick that a lot of people don’t know about E-Bay. It has an affiliate program. That’s right. You can sign up for E-Bay’s affiliate program which allows you to refer people to E-Bay auctions and get paid for doing so. To find a huge pool of potential buyers, go to CraigsList and find people looking to buy specific products. Find the products for them and direct them to the products on E-Bay with your affiliate links. If they buy the products from E-Bay, you get paid. These people want to hear from you because you are helping them find what they want. If someone you send to E-Bay becomes a new E-Bay customer, you get paid additional dollars for your referral.
Gatchel recommends reading Robert G. Allen’s book Multiple Streams of Internet Income: How Ordinary People Make Extraordinary Money On-line, 2nd Edition, and Million Dollar E-mails: The guide to creating effective, persuasive Internet email marketing campaigns that actually increase sales and work! by internet marketing guru Yanik Silver.
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