hello Stuart, i must confess that you've been fantastic here with all your posts and i want to say here and now that I've learned a lot, but my problem is that i don't know the one to go for now, I'm confused i want to make my full time living online but i don't know were to start from. pls i need an online business model that will make money and last forever with a low start up budget. your advice is highly needed please.
You advertise a product on your blog and you get paid whenever somebody purchases. Affiliate commissions can be 50% and over of the sales price for electronically deliverable products (eBooks, software, etc) that have no replacement costs. Physical products can offer 2% commission upwards. It doesn’t sound a lot, but if you sell a $10,000 entertainment system from a click on your site…
I come from an unsuccessful background of web design/SEO. I blogged because I knew it was good for SEO, but my articles didn’t monetize. I took a leap of faith and dropped my clients to figure out blogging/affiliate marketing. I was good at website speed optimization and knew hosting was the #1 factor. After some research, I saw SiteGround was #1 in most Facebook polls and had a great reputation with generous affiliate commissions. So I wrote tutorials on website speed… how to configure WordPress cache plugins, hosting reviews, and other speed-related topics. Usually near the end of a post I would say “…and here’s why you should switch to SiteGround” with evidence on why they’re the best… polls, tweets, load time improvements, etc. That’s when things got good. Now I have 0 clients and the freedom to live how I want. I wrote this tutorial because I’m actually excited to help people do the same – without the BS.
An affiliate marketing program is a lot of work, and in most situations there's a lot of competition so you're not going to be bringing in money immediately. Business owners and entrepreneurs suppose that all you need do is setup a site and choose an affiliate to associate with and then just let it run its course. But according to Three Ladders Marketing, only 0.6% of affiliate marketers surveyed have been in the game since 2013. That means that affiliate marketing takes time and effort to build and make money.
I do make a small commission on some of the products and services that I use and recommend through affiliate relationships with those merchants. Before making any purchase you should always rely on your own judgement and do your own due diligence. The results you get will be entirely based on your own experience and skill set. Never, EVER purchase anything that you cannot afford. Avoid purchasing products that do not have a clearly stated Guarantee, or that promise ridiculous results, like "Getting Rich Quick". There is no guarantee that you will have the same success with any of the products or services recommended. Most people don't do anything with the products they buy, and most of the time, their results are zero! My results aren't typical because I'm not typical ;-)
Another top paying affiliate program is the one run by WP Engine. This company provides a highly efficient web hosting platform with different packages. Its commission rates start at $200 per sale. And it has a multi-tiered rewarding system. For example, if you are able to make five sales, you earn $100 but if you generate 10 sales, you are given a bigger commission of $250. It also has a program in which you earn extra money from the referrals of people who you invited to sign up as affiliates. You’ll also be glad to know that its cookies last for up to 180 days. The only drawback you have to be aware of is the product’s expensive cost, which does have an effect on the conversion rate.
In addition would like to share that since 2010 doing affiliate marketing with ClickBank, JVZoo, Warrior Plus and some other networks and have very good experience in the field of Affiliate Marketing. I wrote a post on my blog which topic is “Where To Find The Best Affiliate Programs” which will really help to all readers to more clear this amazing online source of income.
All CPA marketers put their eggs in one basket. I’ve seen plenty of the greats go from zero to hero and vice versa several time in their careers. The smart ones learn to build their own business in the process and pimp their products to CPA newbies (where the real money is). So if your only focus is to make the most money you can I would advise you not to spend it all because that business model won’t last.