How To Make Money From Anywhere Online: The Answer
The internet is giving us lots of opportunities to make money at anytime and from anywhere. Working online gives us the flexibility to do what we want. It does take lots of effort, but as long as we work hard, constantly and smart, we can make a success of it. Here is my guide on how to make money from anywhere online.
How To Make Money From Anywhere Online
There are ways that you can earn little bits of money. These require little or no skill to do. Other ways take more time and effort and for most people they require learning new skills. Depending what your goals are, you will be able to make money from anywhere online. You may just want to top up your account to help you get out of financial difficulty, you may be saving up for something or you may want to build an online business that will create or sustain a certain lifestyle.
The Best Way To Make Money From Anywhere Online
I have done a lot of research in to making money online and I can say without a doubt, for most people, affiliate marketing is the way to do it. When I was looking for a business to start, I had a few boxes my new venture had to tick.
- It needed to have good earning potential
- It had to be a legitimate business
- Allow me to have a flexible lifestyle, by being able to work when I wanted to from anywhere
- There needed to be great training resources
These prerequisites narrowed down my options, but affiliate marketing was the one that appealed to me the most. However, I needed convincing that it was the right thing for me. as it was totally new to me and I didn’t want to waste time, effort and money on starting a business without being properly informed. So, I had to do lots more research.
What is Affiliate Marketing?
Affiliate marketing is the process of promoting other people’s products and services in return for a percentage of the sales price.
This is generally done with a website or YouTube channel. Affiliate marketers will create content to promote products that contain affiliate links. These track the sales that go through the website and them for their efforts.
Affiliate marketing is the most effective way of making money online, as long as it is done properly and using certain techniques. If it isn’t done properly, it is a total waste of time as people will not find the website, let alone buy anything from it.
How Does Affiliate Marketing Work?
Affiliate marketing involves four stages. I will explain the stages using an example.
Jack wants a new mountain bike. He likes the idea of the Vitus Sentier. Therefore, he searches for Vitus Sentier in Google.
Google comes up with a load of results for this search term, and he finds www.MTB-Threads.com. This is because Google shows the most relevant content for people’s searches.
Jack reads the review of the bike and decides to buy it. He clicks on the button to buy it and it takes him to the online shop, of which MTN-Threads is part of the shop’s affiliate program.
That button contains an affiliate link. This means the owner of MTB-Threads (me) gets 4% of the sales value of the bike.
Now imagine having a whole website with thousands of people buying high value products 24/7.
How Does Affiliate Marketing Fit In With My Prerequisites?
1. Earning Potential of Affiliate Marketing
With the example of being able to earn £30 for each sale through your website (which is totally feasible), we can see the earning potential with an affiliate marketing website.
As you can see there is a lot of potential for earning lots of money with affiliate marketing.
2. Is It A Legitimate Business?
Absolutely! It is everywhere and as soon as you start to learn about affiliate marketing, you will realise how popular it is. Pretty much anything on the internet that is a review website uses affiliate marketing. But, you will see it on websites for newspapers, magazines and blogs etc. It is simply a way to monetise a website.
3. Does It Give Me A Flexible Lifestyle?
I live in the French alps and love the outdoors. I spend my spare time snowboarding, hiking and mountain biking. As you can imagine, these things are very weather dependant. So when I was working for someone else full time, I got frustrated when I missed the best conditions while working to someone else’s timetable.
Now I work for myself from home, I can have couple of hours snowboarding or mountain biking in the morning before work, to make the most of the best conditions. Additionally, an online business such as affiliate marketing has no opening hours, it is open all the time. I can wake up in the morning and find that people on the other side of the world have bought stuff through my website. This means I actually earn money while I’m asleep.
However, it takes a lot of hard work, commitment and discipline. There have been many late nights and days on the mountain missed. This is because you need to put in the effort and be productive. Content doesn’t create itself and old content does need updating from time to time.
4. Are There Great Training Resources?
This was the big decider for me. If I couldn’t learn how to do it properly, I wasn’t going to commit to affiliate marketing. So, when I was researching starting an online business, I was starting from scratch, so I wanted all the information I could possibly find.
I found lots of YouTube videos of “gurus” with Ferraris telling me that they had the secret to earning money with affiliate marketing quickly. The more of these videos I watched, the more frustrated I got. This is because they kept trying to sell me an idea without giving me any idea on what their courses were offering. I had the idea of the lifestyle I wanted, but the practicalities were not being shown to me without giving strangers on the internet money.
To be honest, I nearly gave up to start looking for other options, but I found Wealthy Affiliate. Wealthy Affiliate is kind of a one stop shop for starting an affiliate marketing business. It has all the tools needed to get going, build and expand your affiliate marketing business.
At the time, I wasn’t sure if affiliate marketing was for me, but Wealthy Affiliate have a Free Membership. This gave me the opportunity to try out their training and actually start two websites for free.
The Disadvantages of Affiliate Marketing
I don’t want to keep giving you all the great things about affiliate marketing. I want you to have the full picture, as it is very important to know what you are letting yourself in for if you decide to pursue it as a business.
The biggest disadvantage of affiliate marketing, is the amount of time it take sot make any money at all. At first you will make nothing at all. After a few months, you will start to earn pennies. It will gradually increase in to a sustainable amount of income. Do not think that you will be able to get rich quick with affiliate marketing. It is not advisable to ditch your job and expect to start making money because you have started a new business.
I started off learning and working on my first website after work every night. Then I started working part time and now affiliate marketing is my main source of income. I write the odd blog and look after a couple of social media accounts for a bit of pocket money (and because I enjoy it).
However, building any business takes time. The difference with affiliate marketing is (or most online businesses) that it is a lot cheaper than a traditional business to start.
The Main Factors Of Building An Affiliate Marketing Website
There are no short cuts to making an affiliate marketing business work. But, when done properly, it is the best way to make money from anywhere online. There are a few factors that make a successful affiliate marketing business.
1. Pick A Great Niche
This is the first thing you need to do. A niche is a group of people that have a similar interest. You need to choose a group of people to target your website at. It is very easy to think, “I’m going to start a website”. But, this isn’t a great thing to do. You need to do some research in to potential niches.
Not all niches are equal. Some are great for making money, some won’t make you any money at all. But, the first thing is that you need to choose a niche that you are at least interested in or passionate about. There are a few other things that your niche needs too:
- A great following
- Never to go out of fashion
- To be focussed and not too broad
2. Build A Website
3. Join Affiliate Programs
Affiliate programs are what you sign up to to track your sales. If you can think of a product or service, there is a high chance that there will be an affiliate program for it online.
The majority of affiliate programs let you join for free. There are a few that require you to pay a membership fee. Personally, I avoid these paid ones. Why should I pay to promote someone else’s goods?!
The Amazon affiliate program may not be the best one in the world. But, there are so many products to promote, your website could make you a with just Amazon affiliate links. However, there are a few rules to follow, if you don’t your affiliate account could be closed down and render your website useless.
4. Work Hard!
Once you have some products to promote on your niche website, you need to create lots of quality content. This content has to be relevant to your niche. This is so search engines put it in front of those people that may have an interest in it. Also, it needs to be engaging enough to keep the reader interested. It also needs to build trust with your readers before they buy anything through your website.
In addition to working hard, you need to work smart. Pulling ideas out of the air for content isn’t likely to bring people to your website. You need to research what people in your niche are looking for. This is called keyword research. It isn’t difficult and an hour of doing this will give you months of content to write about. Basing your content around quality keywords gets you to the top of Google searches, bringing traffic to your website for free.
5. Be Consistent
Creating regular content on your website is beneficial to your audience. They will be kept up to date with what you have to say about the products and services within your niche. This builds trust, especially when you communicate with them, by replying to their comments and social media engagements.
Additionally, posting regularly is good for your search engine rankings. It takes a long time for your content to start ranking well. So, the more well ranked posts you have, the more money you will earn (eventually). When a website is active, with new content being posted on it regularly, search engines realise that it is a good source of information. Therefore, they make it easier for active websites to rank.
Many affiliate marketers give up because they don’t earn any money. This is because they are are not giving it a chance or they are not producing good quality content consistently. Affiliate marketing is a slow burner, you just need to keep plugging away at it.
6. Keep Trying
There will always be bumps in the road. Some will be unavoidable and some will be your fault. But, this is the learning part. I have wasted lots of time on a niche that was far too broad. It had too much competition and wasn’t focussed enough. I have also found technical issues with a website months after it happened. Unfortunately, this made it harder for people to find it. But, I kept going with it after learning a lot about it.
7. Get Trained
Without decent training you are setting yourself up for failure. It is a competitive industry, therefore you need to be better than your competitors.
To be the best you can be, you need to learn some techniques that will get your website in front of your target audience. The biggest part of affiliate marketing, is getting free traffic by using good SEO skills. This is essential, as you really don’t want to have to pay for adverts and promotions. At least not in the early days. When you are earning money, you can invest in adverts to extend your reach further.
To be able to ask a community of people questions about problems or best practices, is also a huge advantage. This is what I do when I need an opinion, some feedback or the best course of action before I do something new to me.
All this is part of the Wealthy Affiliate platform I mentioned earlier. It is a fantastic training platform with many other benefits. These include, business tools, hosting, training, tech support and much more.
The training at Wealthy Affiliate takes you through every step from the very beginning. This means you will gain a proper understanding of what you are doing and you won’t miss out any vital steps. The training is easy to follow and each lesson has tasks to complete before you move on to the next one.
I recommend checking out the Free Membership. You will get a good idea if affiliate marketing is for you or if Wealthy Affiliate is for you. It is risk free and you only need an email address to sign up.
That Is How To Make Money From Anywhere Online
Well that is how I do it anyway. I believe that it is the best way to earn many from home or anywhere in the world. You just need to employ the right techniques and put in the hard work. If I can do it, so can you.