This is the final installment of Ways Of Making Money Online. Check out part 1 (buy/sell products/services) and part 2 (advertising revenue). The last type of making money online is through affiliate marketing, commission revenue. You can usually see the result a lot faster than the route of developing a website earning advertising revenue. Please note… faster doesn’t mean easier.
Affiliate marketing, you earn commission revenue by promoting other merchants products/services. The merchant will pay you for a commission for a sale, a lead, a subscriber or a specific action such as zip code submit. An affiliate marketer with no established site, usually setup a brand new site target specifically for the products they are going to promote. Then setup advertising campaign through advertising network such as Google Adwords, Yahoo Search Marketing, etc, to drive traffic to the site. For a properly tuned advertising campaign, you will usually have more commission revenue than the expense on the ad campaign.
The best part of making money through affiliate marketing is… you do not need an established developed website to make lots of money. The worst part is the risk is losing your advertising money and the effort spent as you have to keep tuning your ad campaign until it works. Most people gave up at the part tuning the ad campaign. We have to keep in mind… those successful affiliate marketers lost lots of advertising dollars through testing, testing and testing until they reach the stage of shaking leg in front of the screen watching the profit figure grow. Well, every business involve risks. No Risk… No Gain.
Opportunities
Google Adsense Referral, Commission Junction, AzoogleAds, Linkshare, Clickbank are some of the popular affiliate network.
Conclusion
Web entrepreneur making money online do not based only on 1 type of revenue… usually combine multiple types. There are pros and cons of each. Some require more technical programming skills, some do not.
These 3 parts are actually meant for newbie who have no idea what are the avenues of making money online. There are a lot more complex business model to earn money online. Choose one that you think you can do it. Jump into it… whatever it is, don’t give up. Determination is the thing.
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Article posted by: Neon on October 22nd, 2007
[…] Final Installment of How to make money online, (part3 in a series) brought to you by SiteFever.com […]
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I’ve just started getting involved in affliate marketing. Have you tried using bidvertiser to directly market an affliate ad?
~Click For Nick, Make Money, Save Money
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Oh my gosh, man! You’re on F’ing role with your blog. I’ve kept tabs on it since the first I saw it, added your RSS, and now going through my Google feed reader I found it again and had to see whats up. Wow.
I’m not too amazed with new blogs these days, but if I could invest in blogs someway somehow for monetary gain, I’d put all my eggs in this basket for the next few months.
Look, I know good blog management when I see it, and I’d just like to say you’re doing a great job, if that sort of thing even matters to you.
SiteFever is one of my favorite blogs, from design, interest, and functionality, and transparency. Keep up the good work mate!
Ways of Making Money Online series is going pretty good and I’m learning a lot. Thanks for putting in all your hard work, it shows.
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thanks for your nice comment
Actually this Ways of Making Money Online series not very helpful for veteran online marketers but i just wanna list out some basic ways for those not very online savvy ones, to know that there are actually alot more ways to earn money online.
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That would be the easy way out but I’m sure you’ll end the series with something real meaty for the rest of us.
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[…] Ways Of Making Money Online Part 3 - Affiliate and Commission Fee […]
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Good blog..Many Useful & helpful resources.
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great article… explained some interesting details… making money through affiliate commission is the way to go!
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