FYI, 95% of the people who have started internet businesses
fail. Perhaps it is because of the
amount of noise and hype that you find on the internet but most people don’t
realize that all of the fancy ideas and techniques you can find won’t work if
you don’t understand the business model that you are using to attempt making
money on the internet.
There are three business models that are the most
popular. These are:
Affiliate Marketing Programs
Affiliate marketing programs are perhaps the most popular
business model on the internet. It is a
good business model for those who are new to internet marketing. You usually don’t need licensing or special
permission to become an affiliate marketer.
In fact, just about anyone can do it.
Most affiliate marketing programs are free to sign up for and you can
usually start marketing immediately after signing up. With affiliate marketing programs you get
commissions when someone buys the promoted product.
Being an affiliate marketer is predominately risk free. This is because the affiliate marketer does
not have to worry about the cost of designing the product, handling customer
service, bothering with merchant accounts, signing up for an autoresponder,
etc. You may not even need to invest in
a website for some affiliate programs.
Some affiliate marketing programs require a little monetary
investment but most are free. Because of
the little or no required cost to become an affiliate thousands of people sign
up to promote products as an affiliate.
In fact, affiliate marketing programs are one of the main reasons that
the internet is inundated with advertisements.
Even though there are millions out there that promote
affiliate marketing programs. Only a
small percentage of affiliate marketers make any real money. To be exact, only 5% make any money and only
1% make the big bucks. The 1% are
referred to as the super affiliates and they have a very different way of
marketing affiliate products. Perhaps
this is why they make the big bucks.
Write an Ebook for Profit or Record a CD
This is a great business model to follow because there are
literally thousands of possible products that you could create. There are thousands of niche markets that you
can write an ebook for profit about. You
could write a course on how to grow and care for Japanese gardens, how to start
a child care service, etc. There are
thousands of topics and more that have not yet been explored by online
marketers. If you don’t think that you
are a good writer you can hire a ghost writer.
If you think that you are no good at recording an informational CD you
can hire someone to produce the CD.
Unlike affiliate marketing if you want to write an ebook for
profit you have to invest a considerable amount of time to get up and
running. You also have to invest some
amount of money to get the business up and running. Settle yourself with the fact that if you
want to write an ebook for profit you are going to have to learn a lot more
than what is required to be an affiliate.
Even though the investment of time and money is considerably more than
if you're going to become an affiliate the payoff that you get when you write an
ebook for profit is much more rewarding.
The reason why marketers who write an ebook for profit or
record a CD make more money is because they have very low production and
maintenance costs. In fact, it does not
cost any money to reproduce thousands of copies once the product is produced. You can easily recover your startup costs
just by selling a few copies of very high-margin ebooks. Once you have your own product developed you
can sign up thousands of affiliates to sell for you.
Earn Money With Adsense
Many people are now starting to earn money with Adsense. Oodles of people have given testimony that
they are making outrageous income from this program.
Adsense by Google is an advertising program that allows
webmasters to display ads from Googles extensive list of advertisers. Member sites display inconspicuous text-based
ads. These text-based ads yield a
commission for the webmaster every time someone clicks on the advertiser’s
links.
Google has devised a system that will undoubtedly allow you
to earn money with Adsense. The system
works very well. The ads that are
delivered to the webmaster’s page are highly relevant to the content of the
page. Google’s technology assures
this.
It is very easy to earn money with Adsense. You first need to build a website that is
full of content that relates to your particular niche. Afterwards, you would register with Google’s
Adsense program. Upon approval you would
be given a code to paste onto your page.
Once you upload the changes to your server the ads will start to appear.
Conclusion
Google has not shared publically how it shares revenue per
click with its partners. However, we do
know that the amount earned per click varies with topic and product. Products that are priced on the low end will
net a smaller pay per click than products that are priced on the higher
end.
We have discussed the three most popular online business
models. Any of these models could work
for you if you know the basics. Choose a
business model that is most suited to your comfort level and only buy
informational products that are relevant to that business model. Information overload can be a block to
you. Choose a business model and move
forward with confidence. Good luck with
your online business. To your success!
If you learned anything new from this article then please leave a comment.
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