You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. It is hard work, especially on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
How To Make A Lot Of Money
When you lack the luxury of time, making money on or offline can seem like an impossible task. How are you supposed to do that when you're working at a life-sucking nine-to-five job? While the stability of full-time employment might allow most to sleep well at night, it doesn't empower your creative juices to search for new income-producing strategies.
So, use Google Autocomplete and other keyword research tools to find opportunities to sell affiliate products (or more so, help people find a solution), and see what’s out there. Analyze the top results and learn your competition. I spend many hours searching for “good” keywords so I can write articles that would not only rank well, but also convert since these people are looking for solutions on making their website faster.
While I was doing WordPress speed optimization I noticed lots of people needed it, but very few people supplied it (there were a lack of services and tutorials when I researched Google). I also knew hosting was the #1 factor of website speed factor and these companies paid up to $200/sale. Hosting is a competitive space but the commissions and lack of supply enticed me.
You may have noticed at the top of many blog posts there is a short disclaimer about affiliate links. For example, at the top of the posts on Well Kept Wallet, there is a statement that reads: “Some of the links included in this post are from our sponsors. Read our disclosure policy.” The link goes to a full-page explanation of how this site chooses and promotes products using affiliate links.
Keep track of your affiliate links through some kind of spreadsheet or document to keep yourself organized. As you grow this income stream, you will add more affiliate links. Over time, it can become a large number of affiliate links. Start an organization system early to avoid stressfully searching for your affiliate links in a mountain of emails later on.
Your posts are amazingly right on target. In this specific post, #3 resonated with with personally. I am a content manager as well as a blogger for the website mentioned. I promote through different blog sites and social media. In fact, i just finished an article about you. Credited to you and your website of course. Thank you for such amazing information. You make things sound so easy. Thanks again!
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.