Make Money Online Guaranteed

Recent Posts

Make Money from Affiliate Products

By matt On October 15, 2009 1 Comment

It is true that one of the best ways to make money online is from selling your own products.   These might be e-books, training audios, t-shirts or a unique mug!  Whatever it is that your good at, chances are someone else will be interested in it as well.

But what about if you don’t have the time, skill or knowledge to create your own product?  What do you do?  Well you can sell other people’s products!

BUT…Isn’t that helping other people make money!?  Thats a good question.  It sure is helping other people make money, but what do you get out of it?  Well, depending on the type of product you might find that your commission for selling the product is actually a large proportion of the product cost.

For example, most digital products that sell for $20 would provide a commission of at least $10.  Now, if you don’t have the time to create your own product, and are able to sell 100 of someone else’s product each month then thats $1000 in your pocket.  Of course you need to have the right avenue to sell it such as your blog or social networking site, however its a great place to start.

There have been many people who have successfully sold other people’s products to earn a significant amount of money online and all they are doing is promoting a product, the person buys through their link and they get their commission check each month.  Simple!?

Well, it may sound simple however it really does depend on what your trying to sell.  If its a product that everyone else is selling as well….then its going to be much harder for you to make a dint in the market.  So do your research first, and only sell products that you are happy promoting.  Its no good selling a product that isn’t going to actually benefit anyone as in my honest opinion these types of products should be shut down and only really valuable and honest products promoted.

You will find that most of the products getting pumped out there are digital products such as e-books.  These are a perfect start as they don’t require you to have any stock on hand, can be instantly accessed by the customer and are usually cheap for people to buy.

There is nothing stopping you from making money from offline avenues as well, selling a company’s products.  People have been doing it for many many years.  Such examples tend to be related to network marketing and there are various companies that have stood the test of time and are well known brands, such as Tupperware, Herbalife and Freelife and will put money into your pocket for your hard work at promoting and building their business.

Like anything in life, you will often be rewarded for how much you put into it, so don’t expect to make truck loads of cash overnight without any work.  If its your own product or not, the same obstacles are there that face any business.

How to maximize how much money your making online

By matt On September 8, 2009 No Comments

It has often been said in the business world to not put all of your eggs in the one basket if you want to make money.  This could be true for investing on the stock market, types of assets you own such as property, or the area that your business specializes in.  The reason people say not to put all your eggs into the one basket is to diversify risk and also returns.  It is a much safer strategy to various assets or ventures rather than only one.  The reason is that if that one avenue of investment or business fails…then quite possibly you have lost everything.

So, how does this apply to the online world?  It is still very true.  If you have one great website that is your only source of income, what happens if Google suddenly decides it doesn’t like it any more and it disappears from all search results?  Or perhaps it is on a topic / product that becomes out of date very quickly.  Where is your source of income if the focus shifts then?

Well, given the current economic climate especially now is a great time to analyse and evaluate where your income is coming from online.  If you have one site only that is generating you a steady income then have you thought about branching out and starting up another site?  I personally have several sites with different niches / products covered so that I can maximise returns on popular areas while not relying on one specific site for my income.  This may be true also for the ways you generate revenue on your site.

For instance, if your site makes money only from Google Adsense and nothing else, then have you thought about branching out and offering some product referrals for affiliate commissions, or selling sponsored advertising on your site directly to the advertiser?  Even within one site it is best practice to branch out and diversify how your site generates income for you.

On this site for instance you will notice that I sell various products that I personally use and recommend but also sell advertising places in addition to displaying Google Adsense.  I’m also looking into other options in the future to take this futher.

Does all of this really maximise how much your making online?  Well if done correctly, yes.  You see there will always be people who don’t click on Google Adsense ads, so your not going to make any money from them, but they may be interested in the product your referring or perhaps one of your sponsors, so its a matter of catering to various tastes.

If your providing useful information and people are wanting to donate something to you for your services, then you can even add a facility to accept donations from your visitors.

I like the idea of building up a small group of very powerful sites though as this will provide a much larger area of coverage on the internet and your ability to make some serious money online will increase as each site becomes a dominate force in the related niche.  And when one site is doing well, that is a great time to invest in another site so that in time, all of your sites will be strong and filling your pockets with money.  It is also a safeguard against the unimaginable of a site getting banned, becoming unpopular, or similarly overtaken by bigger and better sites.

Even though the saying to not put all your eggs in the one basket is true, its also even more relevant to know that its no use spreading yourself or your resources out so thinly that you don’t succeed in any.  If you want to make serious money online then build each site up gradually and dedicate the required time to making it a successful site.  As discussed in other posts it could be 2 or more years before your making a decent income from one site, depending on the level of skill, competition and various other factors, so make sure you stick at it.  Every day there are new sites popping up all over the internet hoping to make money online and many of them are here one day and gone the next.  The only ones that make any money are those that are in it for the long term.

Why you need a business plan to make money

By matt On September 2, 2009 No Comments

If you have been thinking about starting up a little side business recently, or want to go out and become your own boss you need to really start the process by developing a business plan.  A business plan is the best way to make sure you are on your way to success and can either save you money or help you to make money in the long run.

A lot of businesses fail, their owners might go bankrupt or lose all of their savings, on an idea that they had that they thought would take off and make them rich but in the end they rushed into it before really dealing with the idea, and developing a plan for success.

So what can you do to make sure that your business idea flourishes and you can prevent any nasty surprises?  Well, I have written a list of steps you should follow before you do anything.  If you want to really make money from your hobby or business idea you need to start acting like it is a business from the start, so get a pen and paper and think about the following.

1.  Define your idea

Is it a service or a real product that you plan on selling?  Really flesh it out and work through all of your thoughts, concept and strategy.  Some questions to think about are, is this already available?  What is your competition?  Is it something you are passionate about? A lot of people change direction in their lives to something that they don’t actually have much interest in it, but think it is a well paid area or something that they can make a lot of money quickly from but in reality without passion for something you will never be able to succeed with it.

2.  Test your idea

Once you have really defined your idea for your business then start to test it.  This could include some market research, bouncing the idea off some professionals, such as your accountant, or even just friends and family.  A lot of people will set aside a small budget to setup a basic webpage just to collect some info and pay for some Google Adwords.  You might set aside $500 for this and see what the response is like.  You don’t even have to have finished the product yet but collect their details, ask what they would want from your product or service and see what the response is like.  If you don’t get any traffic then maybe people aren’t looking for what your offering…

3.  Decide to proceed or not

Some of the most successful people in business know when to say no.  This might be very hard, especially if your passionate about your idea but if it looks like it won’t work out, don’t waste your time, money and risk losing everything on something that is most likely going to fail anyway.  The principle, throwing a whole lot of mud at the wall, and some of it will stick doesn’t apply to a new business.  If your aiming at something that can’t be reached, then you still won’t hit the target, no matter how much resources and time, energy etc you put into it.  Sometimes its better to realise ok, I need to go back to step 1 and redfine my idea, or perhaps look into a different area that your passionate about.

4.  Proceed with more planning

So your ready to give it a go.  You have a great idea and you want to take it to the world…or at least your local neighborhood.  Start by documenting everything down, such as your goals, your costs, your ambitions, the risks, the obstacles and competition.  You could do this via flowcharts or spreadsheets, whatever works.  Be aware of everything from the start.  If you need to get a product developed, how much is it going to cost you?  How much do you need to sell the product for to break even and make a profit?  How many products or services do you need to sell a week?  A day?

I’m not going to go into heaps of detail here as this is a massive area.  My advice would be to seek some professional advice from a local expert as whatever I say will be subject to your individual needs, idea, concept and country where your based.  You might need to seek legal advice as well to make sure you are abiding by the local laws and rules.

5.  Review

After you have developed your business plan, I strongly urge you to review it regurlarly.  Is it still relevant, based on what you know now, has it changed since you wrote it.  Are you heading in the same direction you wanted to 12 months ago?

The final point I would like to make is that most businesses struggle in their early years.  Take some massive companies like Google and Microsoft for instance.  Both of whom started from a garage with a handful of people.  Don’t expect to get rich overnight.  Work at it, do everything carefully and don’t take risks that aren’t worth taking.  Unless you can back it up by some serious market research its probably better to save your money and put it into an existing company via shares or even just a cash deposit account than waste it on a business that was never destined to succeed.

Good luck!

Making Money Online: What’s the fuss all about?

By matt On August 10, 2009 1 Comment

With more and more people having access to the internet these days, the whole economy is changing as far as the way people are interacting with each other, both on a social and personal level and also a commercial and business level.  The opportunities to reach a mass audience have grown beyond the local newspaper or phone book to potentially people right around the globe in hundreds of countries.

With the rise of the internet and the marketing and business opportunities available, more and more people are realising their dream of making money online.  How are they doing this?  Well people who have previously had some desire to create wealth in a passive way or an active way are using the tools available to sell their product or service in ways never before possible.

The main tool that is available of course is Google.  This search engine is the core behind many people’s success.  with such a stronghold and significant brand across the globe, whenever we want to find something we want, we log onto Google and search for it.  And if you don’t rank in Google, then you don’t get your business.  Simple as that. The trick is, its not as easy as it sounds.

More and more people today are hearing about success stories of people who have made it big on the internet.  This might be from the local neighborhood mum who was working from home part time while looking after the kids.  Perhaps she started a recipe blog for her favourite recipes, and within a few months noticed her traffic was spiking with regular readers and commentors and next thing you know it, she is selling a book or teaching classes.  This is still happening all the time.  People are making it big by just doing what they love and are great at.

What are you really good at?  If you were to start a site online to make money from it, what would you rank as your best credientials or skill set or knowledge base.  Some people have made money online by simply providing free information to people.  If its an area that a lot of people are interested in then its relatively straight forward to build a following and usually people put some advertising on their site to support the cost of running it.  With enough people viewing ones site, it is possible to make a small income from running Google Adsense or some of the other advertising options, such as selling ads to local businesses.

Generally you need at least 100,000 visitors per month if you want to make money from Google Adsense, and this might take one, two or even more years to get to this point.  The only real way you build this type of following is to simply provide valuable content.  Its amazing how things can take off once people see that you are providing real value and information that is useful to them.

Remember also that if you want to make your hobby into a part time income and make money from it, then you will need to do something different to everyone else on the internet.  While this is hard work, it is worth it in the long term if you stick with it.  You might work on your site for a couple of years before it makes you any money but once your generating traffic it will be much easier to increase the level of readers and also you have the option to provide other services, such as recommendations of products or charge more for your advertising.

But, back on track to the title of this post, what is all the fuss about making money online.  Well lets put it simply.  While it can take some really hard work, lots of patience and a bit of creative energy to get something started, once you are making money online it can keep going for as long as you manage it or want to.  For example, this site, when I first started it, it took at least 6 months before I made any money from Google Adsense, but each month the number of visitors increases and so therefore does the income.  This is only ever continuing to increase as I add more content, more value and build relationships with my readers.  Some of my oldest posts that have been up for over 12 months are the ones that generate me the most hits from Google, so its amazing how something that I produced so long ago, is now starting to provide income.  Thats why its important not to give up.  Continue creating content.  When you produce something that is worth reading and post it onto the internet, it might not be found for several months or even years.  But eventually someone will discover it, and assuming it is worth reading, will pass it onto someone else who may benefit and before you know it your little site will be making you money online.

How long does it take to make money online?

By matt On May 12, 2009 3 Comments

This is a very tough question which I always get asked by new, online entrepreneur wannabes.  It is a very hard question to which there isn’t a clear cut answer.

It will change depending on each individual person.

What is your motivation?

Obviously you need to have a lot of motivation to do this, however that is not going to make you the next door millionaire is it?  You need to stay motivated even before you see any money hit your bank account.

Get familiar with your niche, with managing your website / blog and make sure your proficient at the techy part of your new business.  You should have a strong motivation to learn these as they will greatly impact upon your success.  Also, when you start out, you don’t want to necessarily have to hire a developer to do the work for you otherwise you might end up spending more than your making.  However, if this option is available to you then it can greatly accelerate your results.  OR at least allow you to spend your time writing useful posts as opposed to learning how to get the video embedded properly (those issues will come up at some point and you will need to learn how to do it).

I can guarantee you that before myself or any other successful online entrepreneurs made any money, we were learning about HTML, how to use wordpress, get to know about marketing strategies and utilize tools like Aweber.

Patience and hardwork is the main aspect that will impact upon you making money online.  They say that on average, it takes between 6 months to a year before most people see any significant money from their online websites.  So stick at it, learn from your mistakes and improve each day.

The magic word ‘Marketing’

Marketing is crucial to any successful business, whether it be an online blog or a convenience store.  Sure, they might be done in a different manner, but without effective marketing the business will not survive.  Some businesses live off a comfortable period of time where they possibly inherited free marketing or just stumble upon marketing, but when times get tough, like they are at the moment with the economy going further downhill each day, marketing is ever more important to stand out from the crowd.

Marketing your website is key to making money online.  Know who your target audience is, learn how they think, react and what they want.  Then give them value.  Do you really want to make money online?  Then you need to offer your readers, your customers and visitors something different.  Get in their shoes and provide them real value.  Market your product, your brand or website so that it stands out.

You need to work out who exactly you are trying to appeal to, then you can work out where they are on the internet.  Don’t just come up with your great idea and then let it sit idle.  Work on it, and spend the time it deserves.  If you really want to make money online then you need to dedicate time to your idea to make it work.  Its no good having the best product, articles or information if you can’t get any one to your site is it?

The key is to stay on top of the latest trends, developments and activities on the web.  If you know what will help your site to be successful you will have an edge and advantage over the competition.  You don’t exactly have to spend tonnes of money on it either, just make sure you know everything you can about internet marketing.  The people who are able to successfully make money online aren’t sitting in front of TV each evening and letting their website go.  They are actively monitoring, trialing and testing different strategies to get traffic to their site.  Stay with it!

So how can you stay on top of things?  Well, make sure you are reading what the authors of the top, successful blogs are saying.  Learn from them.  Subscribe to this blog so you are up to date as new information is posted.

Develop relationships with other sites and start to negotiate back links / cross links.  It is very well known that to improve your ranking on Google you need to have many high quality related sites linking back to your site.  Get your brand and website out there and build the links. 

It would be a pretty big fluke if people just landed at your site by accident when you first start, so make sure your active.  Even participate on forums, guest posts on other people’s blogs and use social media.

A final word, when you pick your topic, you might want to go for a topic such as work from home, make money online, get out of debt, lose weight etc.  These are extremely competitive areas.  While very rewarding, be prepared to stick it out for the long term before you get any success.  It may be worth while starting out on a less competitive niche to get some experience, build up your brand and then branch out into the other competitive areas later.

Remember, above all, HAVE FUN!