Making money online is one of the topics I like discussing on the internet; in fact, I can dedicate a whole website for the topic. Why do I like the topic so much?
Can you truly make money online? This is a good question that many people always asked. With that important question, I will say that – YES you can certainly make money online.
You see, making money online generally is all about self believe, commitment and creating time to learn. For example, if you commit time and energy into your online business, you are on the right part to making money online.
Now let us get into what it take to start generating income from the internet. Before then, I will like you to remember that you can actually use any of the model describe below in Nigeria.
Ways of Making Money Online
As you may have read through many media online today, there are several ways of making money online; either directly or indirectly. My four favorite four ways are –
- Affiliate Marketing;
- Blogging; and
- Product Creation.
Let us take them one after the other.
1. Affiliate Marketing
Making money as an affiliate is one of the easiest way of making money online. Why? As an affiliate, you will have access to promoting other people’s product; apart from that, you do not have the headache of thinking about how these products are delivered.
Being an affiliate, all what is required of you is to find the best possible ways to promote the products you are trying to sell. After the promotion, you just sit there and let the money flow in.
There are lots of affiliate programs around, you can start making money within an hour of joining the program. In addition to that, you can start it without even having a website of your own.
Although, I will always recommend you have your own website to make as much residual income from this program as possible.
How does affiliate program works?
For most affiliate programs, there are mainly three parties involved – Yourself (the affiliate), Product Owner and Consumers (customers). You will be the one promoting products for the owner to the clients. To be successful as an affiliate, you will need to make sales.
Step #1: You will have to join any of the affiliate product in your niche market (or general affiliate). You can find affiliate programs online, just use any of the search engine to find a suitable one.
It is advisable to join affiliate companies selling products within your niche market or according to your business model. If you do that, you are given yourself a better chance of been accepted for the program
For example, if you have a blog whereby your niche market relate to health, it is better for you to join affiliate program where you will be selling beauty and health products.
After joining any of the program, you will have your own dashboard where you will have access to many of the products that you want to promote.
Step #2: Log into your dashboard. Within that dashboard, you should see all the necessary instructions require to promote your desired product.
For the purpose of this article, I will not be able to take you through the step-by-step process guide. Apart from that, each affiliate product members’ area differ from each other.
With my experience on online business, affiliate marketing is one of the fastest way of making money online. You just need to join a good program.
You can join any of the companies showcasing there products on Cokodeal.
Generally speaking, freelance jobs are becoming more popular nowadays. As a freelancer, you have a chance of making money with your skills; not only that, but also have the freedom of working at your own time.
You know what, to make money online as a freelancer requires you to be a specialist on what is in demand of you. In the freelancing world, you are classified as a self-employed individual providing solutions to your clients.
There are various freelance website that have job availability at any given time. All that is required of you is to register on those sites and go for any of the open jobs. Although, you may have to bid to take up jobs on site; while on other freelance sites, you may just have to contact job owners.
To make money as a freelancer, you must be dedicated and be good with what you do. In addition to that, you must have good reviews on those sites. If you do have good reviews, you are bound to have repeat jobs; and having repeat jobs interprets to making more money.
3. Blogging or create your own website:
I tell you what, the best of it all is to have your own website. Having your own site gives you a better chance of making as much money as you want. You will be able to promote and sell your own services (or products); and at the same time, you can sell for others as an affiliate.
From that moment I read the post of how an individual in Nigeria was making over N200,000.00 a month from selling the El-glittas Hair wonders, I have always use it as a good example of how you can make money online with your own website.
With your website, you can combine various income revenue generating models under one umbrella. These models may include:
- Google Adsense: Google (The Big G) has provided a great platform for everyone looking to make money online. The program is available to join as far as you have a website. Inasmuch as you can publish good content and promote your site, you will make good residual income from it.
This is a program that reward website owners every time Google adverts are shown or clicked on your website. Although, the financial rewards may be small, it is worth going for; at the end of the day, it all add up.
Another thing you should realize is, the more traffic you have on your website, the more money you will receive from the Google Adsense Program.
- Selling of other people’s product for commission (affiliate): Remember, we spoke about affiliate marketing above, this is exactly the program we were referring to. The beauty of it is that you can earn as much as you want; all depend on your ability to market and also, your marketing skills to make sales.
The beauty of this is that you can join as many programs as you want and bring them all under one roof (that is, on your website).
To be a more successful affiliate, you will need to promote your own site. By doing so, you are given yourself a better chance of selling your affiliate product.
- Your own affiliate program (other site owners sell for you): You looking to sell more products online, you should look to creating your own affiliate products or program. By doing so, you will be setting yourself up for online success.
With your own affiliate program, you are recruiting other website owners who are willing to sell your products and services for a commission. This is a good marketing strategy use by many of the great website owners you see around.
What is good about you having your own affiliate program? Your own affiliate program will always produce a multiplier effect; meaning, you will have more popularity.
Apart from that, your own affiliate program will also help you with your site ranking; you will benefit from the links to your website from all registered affiliate members. This is good when it come to Search Engine Optimization.
- Create membership section (members pay to join): Membership site is great if your making money online business model is to benefit from membership subscriptions.
Having a membership website is good when it comes to reoccurring income. Your members will pay to become a member and at the same time, pay for monthly, quarterly, or yearly subscription. All these depend on your business model.
It is important to realize that, with this model, you will need to be updating your site with fresh contents and all other useful information required to benefit your site members.
To achieve your desired result with your website, you will need to increase your website visibility through any or all of the available online marketing strategy that you know. Such marketing strategy should include – Social Media Marketing, Search Engine Optimization, Email Marketing and others.
4. Product Creation:
Many of the people that are into online business always say that creating your own products to sell online is one of the most profitable online business they have done.
In fact, it is also one of the online money making system that I like. I have been involve with the creation of different products that make regular income on the internet. As long as the product is good, you will surely sell it; apart from you selling it by yourself, there are more that enough affiliate marketers out there looking to sell it for you.
To make this a success for yourself, I will advice that you create products that you are very good at. This is just for the simple reason of you domination your niche. If you can dominate your niche, you are most likely to make money on that product.
Similar to you having your own website, you can invite affiliate to sell your created products for you. this is a fantastic money making system that brings repeated sales.
As can be seen, there are various ways of may of making money online, it all just depend on the route you want to take. One thing that is most important is, to be able to generate a substantial amount of regular income online, you will need to be dedicated to what you are doing.
In addition to that, I will recommend you carve out your own niche and dominate it.
I believe that each one of us can take advance of the internet to start making money online. This is a great opportunity that we can tap into. There are more demands for different goods and services that we can take advantage of, all we need to do is to get the right business model to use.
All in all, we all look to make money in every business we do. With little effort and dedication, you can achieve you online money making goal. Even if you are just starting out on the internet business, this article has provided you with the necessary information to start with.
Wishing you good luck.