Make Money for Free

The power of the Internet made it possible to anyone with a computer and an Internet connection to be able to generate some income. There are many ways to make money online, and they all vary in terms of the level of complexity, the grace periods you have to wait before you see any money, and the cost. In this article you’ll learn about one method that costs nothing and can make you money for free as an affiliate. There are several ways to make money as an affiliate, and this method explained herein is the simplest and at the same time it costs nothing to begin.

The whole idea is that you need to drag people to your affiliate link and convince them to buy this product. So first you need to sign up as an affiliate to this product and get that affiliate link of yours. There are many affiliate networks where you can sign up and get access to thousands of products that you can promote as an affiliate. The most famous of them are Amazon.com and ClickBank.com.

After you sign up to a network it’s time to pick a product to promote. If you are going to stick to Amazon because it’s a well known and is highly reputable then follow these steps.

Please note: Amazon.com requires that you have a website in order to get approved. You can use a free blogger or wordpress blog on which you have some serious and valuable content. It’s better of course if you own the website, but I want this method to be totally free.

– Go to amazon.com and from the side navigation menu pick a department that interests you. This will help you with the “selling” process.

– In that department and from the same navigation menu choose to show only products with 4 stars and up under the customer review title. This will help you choose a product for your promotion that has a better chance to be sold and a lower chance to be refunded if the customer is not happy. Also it will help you build a reputation as a person who is genuine in your recommendations.

– Make sure “include out of stock” is unchecked. You don’t want to waste your time on something that doesn’t exist any more.

– This step is not necessary, but if you are living out side of the US you’d better check the “amazonglobal eligible” under “international shipping”. This will maximize your chances of making a sale no matter where your customers come from. And no this is not going to limit your choices much. I just did that while writing this article in the appliances department and got 13,595 items.

– To filter your results even further click on one of the “discount” options. You’ll need this to do your promotion.

– Pick a product that you’d buy for yourself, or even better, that you already bought and have experience with. An example from life is a wii game that we got for our daughter and her friends’ parents were interested in. I went to my amazon associate account, picked my affiliate link, wrote a review of the product and posted it on my blog together with my affiliate link and emailed a link to the blog post to them and made sales.

– Now do as I did in the step above. You have a product that you know a friend of yours is interested in, grab your affiliate link, write a review and post it on that free blog of yours that you used to sign up as an amazon associate, and email a link to your blog post to that friend and tell them in the email that you found it discounted on amazon.

So you’ll do your friends a favour by saving them some money, you’ll do yourself a favour by making some money, and you’ll do Amazon a favour by generating that sale for them.

Now relying totally on your friends to make those affiliate commissions is not really a good idea. At some point you’ll have to move on and get other people from the huge Internet community to see your blog posts and start leveraging the power of search engines. But for now you have an audience that can give you feed back about your blog posts or squidoo lenses that you generated around those products. Use this feedback to improve your “display” of your affiliate products so that when you open your “store” to the public you’ll be ready to convert your visitors into buyers.

It’s time to take it to the next level. Use Erica Stone‘s strategy for holidays shopping season affiliate commission.

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5 Criteria of a Successful Online Income System

It is a trend that recently people are shitfing towards building a business in the virtual world than in real life. Software, mobile apps, and games are billion dollar examples of businesses that have no physical existance. Another extreme example is club neverdie from the virtual reality game Entropia that was sold for $635,000 two years ago!

And the reason is pretty obvious: the low over head. You can start an affiliate marketing income system with $0 budget. So there is a trend. And since you are here then you might be interested in it yourself. If so then it is important to know what differentiates a successful online income system from a temporaty one or just plain failure.

There are 5 important criteria for a successful online income system:

1. Sustainability:

A sustainable business is the kind of business that once started it keeps feeding itself with the resources it needs to keep going. In other words, you don’t need to keep doing the same thing over and over again every day so that the business works. If not then when you stop working for any reason of sickness or emergency or just plain vacation your income will stop flowing until you come back and start working again. If your business is sustainable it only requires you to steer it while it supplies itself with the needed stuff like traffic.

2. Independence:

Do you remember the famous affiliate Google slap back in December 2008? Those affiliates had a sustainable business and it was growing and making them millions every day. But once Google unplugged their Adwords accounts they lost everything and had to start allover with other sources of traffic.

That was not an independent income system because it was all built on traffic from one source. When this source is gone the business is gone as well. Successful affiliates learned to diversify their sources of traffic in a way that no source should account for more than 10% of their entire traffic portfolio. This way if one source is gone they still have 90% of their business running until they figure out how to replace the lost 10%.

3. Automation:

Once you have a system that works you can divide it into tasks. Then find a way to get those tasks done for you so that your job will be just to manage the process, not to have to do it all yourself over and over. The idea about perfecting the system is that you can automate it and free yourself for more ideas and the expansion of your business.

An income system that can not be automated is destined to decline and fail. Automation gives you the chance to grow and make up the drops that will show later on.

4. Repetition:

The repetition meant in this context is the one done by the same customer. When you sell something to a customer and the customer has to come back for supplies or more of the same thing because it is a consumable then you’re in a good shape. When you sell a photocopier or a prtiner make sure the customer will come back to refill the toner and buy more parts to maintain the item they purchased. Another example is baby diapers and women’s make up. If they like your brand they’ll come back for more.

Compare the above examples with a customer who purchased a bicycle.

5. Predictability:

Once my income system has been optimized I should know for each dollar I spend how much I will make in return and over how long. This is predictability. Let’s apply this to traffic. If you rely on SEO then you have no ability of any kind to predict the amount of traffic you will get from the time and money you spend on optimizing your sites because the biggest search engine changes the algorithms more than 400 times a year. That’s more than once a day. On the other hand if you are buying the traffic then you can predict what to get for each dollar you spend on advertising.

Those were the most important criteria of a successful online income system. There is more of course, but in my opinion these are the most important 5.

 

 

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