How Can I Make Money At Home?
The answer to the question of “How can I make money at home?” all depends on what you really want to get out of it. Some people make a little bit of money at home by doing some minor online tasks. Other people start their own business along side their job to top up their bank account. Then there are people like me that started their business in their spare time with a view to making it a full time venture.
By the end of this post, you will have some good ideas about how you can make money at home and how I do it. I will also tell how you can start your own online home business.
Making A Little Bit Of Money At Home
If you want to make some proper money, you can skip this part. But, if you have a little time to spare, you can make a little bit of money by doing some very minor tasks from your computer. These will not get you rich or even a good living. However, they will give you a bit of pocket money, or help you save up for something. My post how to make extra money online from home will give you some ideas.
Starting Your Own Online Business
There are loads of reasons why people start their own online business to make money at home. It is getting easier to start a business thanks to the internet and the opportunities it has created. These opportunities give you the ability to reach thousands of people that can spend money at any time and from anywhere. So what are the reasons that lure people to starting their own online business?
Low Start Up Costs
Setting up a traditional business is expensive. For example, if you were to open a shop, you would have a whole host of overheads from rent, inventory, utility bills to staffing costs.
Depending on what type of online business you start, your overheads are much less. In most cases all you need is:
- A computer
- A domain name
- An internet connection
Of course your overheads may extend to other things like:
- A graphic designer for your logos
- Online adverts
The main thing you need to get your online business going is time and effort.
Make The Most Of your Time
This is my favourite thing about working from home. The primary reason for me to do this, was the fact I can choose my own working hours. I live in the French alps and absolutely love it and all the things you can do here. Having my own online business allows me to enjoy my life and do what I want at any time. I couldn’t do this while I was working for other people, which was frustrating. Of course, being able to use my time how I want, takes a huge amount of discipline.
The key to making sure you are productive enough, is to create a list of things you need to achieve each week. Being organised is super important to balance your life. There are many occasions where I am working late at night, but this is because I have been enjoying myself for a few hours that morning.
You may want flexible working hours for different reasons, such as spending time with your family or working on other projects.
Work From Anywhere
I have no plans to move from where I live, but if we decide to leave (or have to for whatever reason), I will be able to carry on with my business without too much interruption. I work from an office chair in my kitchen with a fantastic alpine view. But I occasionally, I will go to a local café for a change of scenery.
Being able to work from anywhere is a huge bonus for many people. For example, if you live in the countryside, it may be difficult to get to a town where you can get a well paid job. Many people that live in camper vans (this is becoming more popular) have their own blogs or online businesses to make money.
Working from home also means that you don’t need to commute. This is obviously great for your bank account and much better for the environment.
Starting your own online business eventually gives you financial security and in many cases is safer than being employed. When people lose their jobs, they lose their sole source of income.
An online business give you the chance to have multiple income streams. This means that when one stops working or doesn’t perform so well, you still have money coming in and you can start another one.
For example, affiliate marketers will build up to having multiple websites that all earn them money from different markets.
Additionally, once you have set up a good income stream, it can still be earning money without you needing to tend to it all the time. Don’t think that you won’t still have to work on it, but the work you put into it in the early days will pay off.
How I Make Money At Home
I have a few different ways of making money. I write blogs for a local holiday company and manage their social media. I also manage the social media for a local bike shop. In addition to this I am just getting started with drop shipping, while I manage my own affiliate marketing websites.
Affiliate marketing is where I spend the majority of my time and effort. If you are not sure what affiliate marketing is, it is the process of promoting other people’s products and services in return for a commission.
How Do You Promote Products And Services?
Affiliate marketing is a content based business model. The content you create is basically a lot of blog posts of different types. Examples of content you will find on affiliate marketing websites are, reviews, tutorials, buyer’s guides, personal experiences with products and services and recommendations.
The first thing you need to do is to choose an affiliate marketing niche. A niche is a group of people with a common interest. By choosing a niche, you will be able to target a particular audience, giving you more chance of making sales. To make sure that you get this right (as it is super important) check out my post on how to find an affiliate marketing niche.
How Do You Get People To Visit Your Website?
When people search for something online, they use certain search terms that relate to a problem they are having. This may be to help them with a purchase decision or how to do something. Therefore, your content needs to be based around what people are looking for online, to ensure that you will get traffic.
To understand what people are searching for within your chosen niche, you need to do some research. Don’t worry, this isn’t too laborious and is actually quite easy. You need to research what keywords to base your content around. My post finding the best keywords for search engines explains it all.
The content you make needs to be created in a particular way. It needs to appeal to your intended audience and it needs to be seen as relevant to what people are searching for online. When you do this properly, you will attract website visitors without having to pay for Google adverts.
You need to learn some Search Engine Optimisation techniques to get your content to rank as highly as possible in people’s searches. The higher your content is, the more people will see it and visit your website. This will in turn earn you more money.
They key is to create content that helps people. You need this at the forefront of you mind when creating content, rather than making money off your website visitors.
How Do You Make Money?
To monetise your content, you need to join affiliate programs relating to the products and services you are promoting.
If you can think of something you can buy online, there is a huge chance that you will be able to find an affiliate program for it. You can learn more about affiliate programs on my post what is an affiliate program and how does it work? But in summary, an affiliate program is where you get your affiliate links. These are what you drop in to your content to track sales through your website. This is really easy to do, as it is just a case of copying and pasting the links.
So if you create a review of a product, you can drop an affiliate link in to it. If the reader decides that they want to buy the product, they will click on the “click here to buy” button and the affiliate link will take them to the merchant’s website, where they can buy it. The affiliate program with record this and send you a percentage of the sales price. You can earn anything from 1 to 75% of the sales price, depending on the affiliate program.
What Is It Like To Work In Affiliate Marketing?
Personally, I love having my own affiliate marketing business. I enjoy all the benefits that I mentioned earlier, but in addition to this, I don’t have a boss to answer to and I get to write about stuff I am passionate about. This is because the niches I have chosen, are things that I am genuinely interested in. This means my websites are an extension to my passions. Therefore, I learn more about them while working.
However, there are a few things you need to know before you start an affiliate marketing business. I really want to give you the full picture of what it is like, so you can decide if it is something you want to get in to.
You Need To Be Patient
There is no such thing as a get rich quick scheme that works. You may have seen people online that claim to have the secret to overnight success in affiliate marketing. This is totally untrue, as affiliate marketing takes months before you earn a penny.
The thing with affiliate marketing, is that you are working for you future and not for now. So, you need to be in it for the long haul, as you will be creating content that will earn you money later on as your website matures and builds up an authority.
You Need To Be Consistent
Search engines like to see websites that are updated regularly. Therefore, you need to ideally post content every day. Google will reward regularly updated websites with high rankings, which will attract more visitors.
Website visitors also like to see websites that are regularly updated. This is because they know it is alive and kicking and providing new information about their interests all the time. This makes them come back time and again, once you have built up their trust in you.
You Need To Keep Learning
The techniques involved in affiliate marketing are not particular complex, but you need to get them right. By learning a little thing each day, you will soon build up a good knowledge base. This will make life so much easier and you will be much more efficient at working on your website. This is turn will make you more productive and give you more chance of being successful.
How To Start Affiliate Marketing
If you affiliate marketing sounds like something you may be interested in, you can get started straight away. There are a few ways you can learn about it and you can read about them in my post how to learn about affiliate marketing, but I am going to tell you the best way right here.
The best way in my experience to get started in affiliate marketing is using a platform called Wealthy Affiliate.
When I was researching different ways to make money from home, I stumbled upon Wealthy Affiliate and they stood out from all the time wasters I encountered online. This was because I wanted to get as much information about what it is like to have an affiliate marketing business, without spending any money on courses and ebooks. This is because I knew very little about it and wasn’t sure if it was something I wanted to do yet.
I looked in to the Wealthy Affiliate Free Membership, which is the best way to get an insight in to what it takes to start an affiliate marketing business without spending a penny.
What Is Wealthy Affiliate?
Wealthy Affiliate is a one stop shop for everything you need to start affiliate marketing and built it in to a sustainable business.
I go in to all the details in my full review Does Wealthy Affiliate Really Work? The Truth. But in summary Wealthy Affiliate gives you the following:
The training will take you from being a complete novice, to giving you the knowledge on how to scale your business up to capitalise on your efforts.
There are a few different ways that the training is delivered. The primary way is with structured lessons that are super easy to follow. At the end of each lesson, there are a number of tasks to carry out before you move on to the next one. This is ideal, as you don’t miss out on any of the essential steps.
Other training includes up to date weekly live training sessions. These are really useful and gives you loads more tips and tricks for increasing the effectiveness of your work. There is other trainman available that has been created by other Wealthy Affiliate members. This is great for when you are stuck or are having a problem, as there is a good chance somebody has had this problem before and created a training course to solve it.
You can’t do anything without the right tools for the job. Wealthy Affiliate members have access to a whole host of different tools that make life easier. These tools include:
- Website builder
- Reliable and fast web hosting
- Domain registrar
- Jaaxy keyword research tool
- Content creator
It is really comforting to know that you have somewhere to go when you get stuck. You will get to a point when you might not know what to do next, or you have a technical issue you have no knowledge about
With a Wealthy Affiliate membership, you have a variety of different ways of getting support:
- Site support – This has dug me out of a few situations. After submitting a ticket asking for help, you will get a response or a solution in just a few minutes
- The community – Questions can also be put out to the community. This is a great way to get quick answers to more minor questions
- Live message – There is a live feed where people chat about various aspects of affiliate marketing and is a good place to get answers
- Private message – If you manage to build up a relationship with an experienced affiliate marketer, you can send them messages to keep in touch and to ask them questions. There are a few ambassadors to Wealthy Affiliate that are only too glad to help you out
This is just a small overview of what you can expect from being a Wealthy Affiliate member. But the Wealthy Affiliate Free Membership lets you experience it for yourself without any commitment or spending any money. This is what gave me the insight in to affiliate marketing that made me realise that it was what I wanted to do.
What Is The Wealthy Affiliate Free Membership?
The Wealthy Affiliate Free Membership is the perfect introduction to affiliate marketing. This is especially the case if you are in the same position as I was when I was researching the different types of online business to start.
When I was researching affiliate marketing, I found out lots of information, but I really wanted to make sure that it was something I was going to enjoy before committing time and money in to it. The Wealthy Affiliate Free Membership gave me the insight I needed to make my decision.
You get the first 10 lessons of the Online Entrepreneur Certification, which takes you from knowing nothing to having a fully functional affiliate marketing website. You also get access to two free hosted websites and the tools to help you build them. The training tells you how to use all the tools in a very easy to follow way, so you don’t need to have any prior experience.
I go in to all the details in my post What is The Wealthy Affiliate Free Membership About? But, signing up to the free membership gives you a number of options for your next move.
You may go through a few lessons and realise that Wealthy Affiliate or affiliate marketing is not for you. This is fine, as the only thing you need to sign up, is an email address. This means there is no risk, all you have done, is spent a few hours learning and trying something new out.
Carry On With The Free Membership
I think you can earn a bit of money with the Free Membership, but I don’t think you can make a truly successful business from it. Even though it is great, it is a bit limited and the free websites have the .siterubix suffix (rather than .com), which doesn’t show your website visitors that you are particularly serious or professional.
Therefore, I recommend that you just use it to get a good insight in to what is involved in having an affiliate marketing business.
Once you have had some experience with the Free Membership, you will know if affiliate marketing or Wealthy Affiliate is for you. Therefore, if you are truly serious about starting an affiliate marketing business, you should sign up to the premium membership.
The Premium Membership is much more comprehensive, giving you unrestricted access to everything. I go in to the details in my post What the Wealthy Affiliate premium membership is about, but I really recommend that you give the Free Membership a go first.
How Can I Make Money At Home? - Answered
What are your thoughts on affiliate marketing? Is this something you have experience in or want to try? Please let me know your thoughts and questions in the comments section below.