Ways of Making Money Online Part 1 Articles | Entrepreneur

By: Richard Butler

Ways of Making Money Online

When people say they make money online, most people go huh? How do you do that? You must run a porn site or something like that!

You see "most people" don't realise the economic model which is the web! Let's look at one of two ways you can make money, both linked together.

The first thing to do is to sell other peoples products and make money from it. Think about this - you do this every single day. You know how you recommend that sandwich bar down the road? What about that great coffee joint you discovered.....

You know something you never get paid for that recommendation, but you are sending customer to the business and they are making a profit - kinda unfair when you think about it!

On the net things are slightly different, in fact they are very different. It's possible to recommend products and get paid if someone buys on your recommendation.

How much could I earn?

To be honest it depends on the program, however some programs pay from 50% up to 100% of the purchase price, yup you read that right up to 100%

This is known as affiliate marketing. You become an affiliate and promote a product. You receive a special web address with a special unique code which is registered to you. The person who owns the product will be able to track every sale and attribute it back to you. You then get paid either on a set day, or when you achieve a particular sales target, for example at $35 or more.

Is affiliate marketing difficult?

Not really if you do it correctly. For a good free primer I recommend you visit http://www.ebits.ie and get your free copy of the affiliate handbook.

Keep reading the articles in this series for more great information