How To Work From Home And Make Money Online: The Answer!
The fact that you have found this post tells me you are either looking for a way to supplement your income, or you are researching a long term business venture. In this post I am going to divulge how to work from home and make money online.
How To Work From Home And Make Money Online
There are lots of ways that you can earn money from home online. Some require little or no experience and some are more involved. If you are thinking about starting an online business, it is likely that you will need to learn some new skills, I know I had to.
I have done a lot of research in to starting an online business (if you click on the button above, you will see the different ways I found). But, I believe that I have found the best way to work form home and make money online. It has given me the lifestyle that I have always wanted. I can work at any time and from anywhere with an internet connection. There is also a huge earning potential, which I will come to later.
The best way to make money online, is affiliate marketing
What is Affiliate Marketing?
Affiliate marketing is where you promote other people’s products and services in return for a percentage of the sales price. I will explain this with the example below.
I have joined the Amazon Associates affiliate program, which allows me to put affiliate links on my website. Let’s say that I had a website in the photography niche and I wrote a review of the Canon EOS 6d below.
If you liked what you read and bought the camera from Amazon through the link on the button above, I would get 3% of the sales price.
Now imagine if I had a whole website with affiliate links to high priced items with thousands of people visiting it every day. There is big potential to make a nice living out of this business model.
How Does Affiliate Marketing Work?
There are a few aspects involved in affiliate marketing.
1. Choose a Niche
A niche is a group of people with a similar interest. To ensure that your affiliate marketing website is successful, you need to target a niche. But, you need to choose a niche properly, as it can make or break a business. Working within the wrong niche can be a massive waste of time.
There are a few rules for choosing a niche:
- It has to be something you are interested in or passionate about
- Have a good following
- Should not go out of fashion
Photography is an example of a niche, but it is quite broad. Broad niches have lots of competition, therefore your niche needs to be more focussed.
People that have an interest in photography can be broken down in to smaller groups. For example:
- Beginner photographers
- Home video
- 360 photography
- Drone photography
- Action cameras
- Nature photography
2. Build a Website
Once you have decided on your niche, you need to build your website. This may sound daunting or complicated, but I can assure you that it is actually very easy. I have built all my websites from the Wealthy Affiliate training platform. This just made life a lot easier, especially as they outline all the steps as you go, and it is free!
3. Find Some Affiliate Programs
Affiliate programs are what allow you to monetise your website. This is how I got the affiliate link for the camera example earlier.
If you can think of a product or service, there is a big chance that there is an affiliate program for it. You can simply search for affiliate program in Google and you will find something.
A very easy one to join is Amazon Associates. This is a good one, as thee are millions of different products available and you can get approved instantly. However, there are a few rules to follow.
You can also join affiliate networks. These give you lots of options of affiliate programs to join and everything is all kept in one place. I am a member of Awin, this is worth checking out, I really like the fact you just get paid automatically in to your account.
The more established affiliate programs will allow you to be an affiliate for free. Some require you to pay them, I would avoid these if you can. I have never had to pay and why would I want to pay someone to promote their products?!
Now you have a website within a chose niche and some affiliate links to some products, you need to start grafting. Just because you have all these things in place, it doesn’t mean that you are going to earn money straight away. You need to build your audience before you make any money at all and this takes time. You do this by creating lots of quality content regularly and consistently. You also need to do it in a certain way that appeals to your audience and in a way that search engines deem it to be relevant to people’s searches.
Content should be helpful and give your audience the information they need to solve problems. If you come across as to salesy, you won’t build trust. If you create your content properly, you won’t need to be a sales person, people will trust your recommendations.
5. Be Consistent
By creating regular quality content, your audience will be kept up to date with what you have to say. This will keep them coming back and searing your content. This will bring more traffic to your website.
By communicating with your audience, you build a good relationship with them. This is where that true comes from and if they trust you, they will buy through your affiliate links.
This constant work will eventually pay off. You will not make any money for months, so it can be quite soul destroying. But, this is what causes most affiliate marketers to give up. It can take a year or more to start earning significant money.
I know from first hand experience that it is possible to make mistakes and you may not find the mistakes for months. But, these mistakes are bumps in the road. Solve your problems, learn from them and carry on working. Each time you do this, you are closer to achieving your goal.
What is The Earning Potential?
Let’s assume that you can make £30/€30/$30 per sale. Which is entirely possible, depending on the products you are promoting and the affiliate program you are a member of. Typically, you can earn 1 to 75% of the sales value.
As you can see there is some serious potential for earning some cash. Imagine having a couple of websites too!
However, don’t be too ambitious too soon with too many websites. It is best to have one or two great websites than spreading yourself too thin and making lots of poor quality websites.
Advantages of Affiliate Marketing
Affiliate marketing is a great way to work from home and make money. This is what I do and it has changed my life for the better. The main advantage of affiliate marketing, is that I can be flexible with my working hours. This allows me to live my life how I want to. I live in the French alps and have a passion for the outdoors. During the winter I will have a couple of hours snowboarding in the morning and make up the time later in the evening.
I also like the idea of passive income. Once you have created content, it is sitting on your website with the potential to be earning you money 24/7. This means you can be earning money from all over the world even while you are asleep.
Affiliate marketing also allows you to earn money from anywhere in the world. This means that you can move house, country or even live in a van and your business will not be affected negatively.
Disadvantages of Affiliate Marketing
I mentioned this before, but it takes a long tome to earn money from affiliate marketing. One of the reasons for this, is that it takes three to four months for Google to make it easier for your content to rank. You also need to have lots of quality content, which takes time to create.
Where Do I Learn About Affiliate Marketing?
I have done a lot of research on where to learn the best affiliate marketing techniques. I can safely say, during this time I learned how to spot the good ones from the bad ones. The best one I found was Wealthy Affiliate.
The things that attracted me to Wealthy Affiliate were:
- The non pushy approach
- The FREE Membership
- The quality of the very comprehensive training
- The fact that it isn’t just a training platform…..I’ll come to that shortly
The non pushy approach was a refreshing change from some of the aggressive sales techniques used by “gurus” with their shouty videos trying to sell me an idea that I already had. What they were not giving me was a clue about how to do it.
This is where the Wealthy Affiliate free membership came in. At the time I wasn’t sure if affiliate marketing was the route I wanted to go down (because I knew very little about it). But, the Wealthy Affiliate free membership gave me a chance to investigate further without spending any money.
The first thing that is worth noting, is the great step by step training. It takes you from the very beginning, starting with the foundations of affiliate marketing. It then moves on to building your business and expending it.
The training takes you through the following steps:
- All the basics, from how to make money, choose a niche and building a website.
- Content creation, keyword research and SEO techniques to ensure people will find your website
- The importance of creating content that helps people, rather than selling to them, monetisation methods
- Mastering social engagement and how to interact with your audience
- The best techniques for maximising the potential of your content. You will also learn techniques for being as productive as possible.
You get the first ten lessons included in Level 1. This will give you an idea whether you want to continue with Wealthy Affiliate and affiliate marketing in general. You also get two free websites to experience what is involved first hand. This is what loved about the Free membership. I had nothing to lose and could see what is involved in the whole process.
Of course the free membership will only get you so far. But, if you want to take it seriously, you can take the option to go premium. The Premium membership gives you so much more. Click on the button below to see what it entails.
Extra Training And Resources
In addition to the online courses, the Wealthy Affiliate platform offers much more. Each week there is a live training session. Here, Jay the trainer will go through different aspects of affiliate marketing. His training us up to date and he throws in lots of tricks and tips that are not covered in the main training courses. These sessions are all recorded, so you can go back over old lessons. This is pretty useful for me, as the live training is hosted in Canada, so the time difference means they are in the middle of the night for me and I can watch it back the following morning.
There are thousands of extra lessons in the community area of Wealthy Affiliate. These have all been created by the more experienced members. They share techniques that they have learned over time and can easily be found. For example, you can type a question in to the search bar and there is a good chance that there is a lesson that will answer your question.
You can also ask the community questions directly. This can get you out of trouble quickly, as you usually get an answer within a few minutes.
How To Work From Home And Make Money Online: Answered!
That is how I do it anyway. This is the best way I have found and I hope it is of interest to you. Please let me know your thoughts and questions in the comments section below.