Welcome to my post about ‘How Does Making Money Online Work’, which is lesson 2 of the free series of making money online! This is part of the Level 1 Free Training Series on Getting Paid Working Online, which essentially you teaches step-by-step on how you can make money online.
Lesson 2 will make you understand how making money online really works. You’ll see in the list below, which lesson we are at the moment. The table of content for this current lesson is below – you can use it as a navigation tool to move around this post.
Lesson 2 – How Does Making Money Online Work <<<< This is where we are
Here's what you'll learn in Level 1: > How you can get involved in the community right away > Understand how to generate revenue online > Start making goals for your future - financial and personal > Get immediate access to over 590,000 niches > Start picking your NICHE for your online business > BUILD you own website with YOUR niche! > Grasp how you can make the best out of your website using WordPress > Learn a great way to make your website friendly with search engines > Make great quality content for you online business that is ranked in search engines > Learn how to search for great keywords > Create you own list of keywords for your Niche website
Here’s the thing. There are tons of ways to earn a living online, especially as more and more companies are creating different mediums to be able to make people earn revenue. All the training that I’m about to show is from the training I learned from Wealthy Affiliate. You can go through the lessons here or by signing up for FREE in the platform.
The great thing about this training is that I will show you how you can actually make money WITHOUT any product! That’s right, you need no product and no inventory. And you can do it from anywhere you want. This is the training that will show you how that works.
In two words, it’s called Affiliate Marketing.
This is what the co-founders, Kyle and Carson, have been helping people with since 2005 and it will continue to generate millions of revenues for decades to come. Recent data shows that this industry has over $12 Billion in revenue every year!
One thing to also mind as you go through this lesson. Making money will happen, but as I said before in the previous lesson, it’s not a “get-rich-quick” scheme. You won’t make money right now, because there is a learning curve to this. You need a way to generate revenue and that happens by traffic. Traffic won’t happen without a website and content!
Let’s get started!
The simplest way to make money – and the way that I and a majority of successful people online is something through affiliate marketing. To put it simply, it’s a way for you to sell someone else’s product to a customer – and as an incentive – you get a commission! Take a look at this diagram.
Now, you might have the same question, at this point, that I did when I first heard about this. Is this really true? Can this actually happen? YES and YES!
Think about it for a second. There are over 4.7 billion people in the internet daily! That is the biggest marketplace you can find anywhere on earth. Even if you were to get a commission of $20 for a product, 100 people would give you $2000! Imagine if you sell it to 1000, or 10,000. And a lot of them will be recurring customers.
Even 10,000 out of 4.7 BILLION is a very very tiny fraction of what is possible.
Can you now see the potential? Can you now see how this works?
You will learn about finding out what your niche would be in the next lesson. But what you choose to sell is completely up to you!
One of the things that is important to remember once you start is THE WAY to implement this. Some of you might be thinking, ‘But I Don’t Know How To Sell!?!’ – Am I doomed?
No, in fact this is the exact point I wanted to make here. Our true purpose as affiliate marketers is not to sell, but rather to inform the audience. The people active on the internet are trying to find solutions or information about things. Eventually to buy things – however, no one likes to be sold.
Hence, our job is to either provide them solutions or information. And if we do provide the right and accurate information, they will go ahead and buy products. You are HELPING THEM, not selling to them.
A man without a goal is like a ship without a rudder.
One key thing to remember is to have goals. What are you financial goals, or “money goals” as our training likes to say. There is a great discussion for everyone in the platform where you can share your goals. You can click here to take a look at other people’s goals. Here’s a snippet for you to look at:
What’s great about this community is that people will also comment and cheer you on as you go through your goals. All of your goals are then put in your profile page so that others can keep you accountable.
This is one of those things that is ABSOLUTELY recommended! If you don’t want to join in, write your goals in a paper somewhere. But make sure you absolutely DO THEM! Without having a goal, you don’t know what you’re aiming. Here are the 3 questions you need to answer:
- What kind of money would make you have a good lifestyle?
- What kind of money would make you ECSTATIC and can make you have a GREAT lifestyle?
- How many hours ARE YOU willing to put in, per week, to make this happen?
Another important thing…
Your goals are different that other people’s. Only you know what kind of earning you want, so don’t worry about what anyone else writes. YOU make your decision and write it down.
Also remember, the amount of effort YOU put in will determine what kind of success you have. You need to make sure you stay on course with the RIGHT MINDSET, and be determined that you can achieve it.
That’s the END of Lesson 2!
Lesson 3 will be YOU digging into your niche! It’s an important topic, and I’m excited to see you there – Click here to take you to Lesson 3!
All these lessons are part of the Free Training Series about How To Get Started With Making Money Online. Don’t hesitate to reach out to me or ask me questions.
LEVEL 1: Lesson 1 - Starting The Online Marketing Business Lesson 2 - How Does Making Money Online Work Lesson 3 - Finding Your Niche Business Lesson 4 - How To Create A Niche Website Lesson 5 - How To Make Your Website Look Better Lesson 6 - How To Get My Website In Google Lesson 7 - Create Blogpost in WordPress Lesson 8 - How To Edit Menus in WordPress Lesson 9 - How To Find Keywords in Google Lesson 10 - Congrats On Completing The First Level - Now, Moving To Level 2
Parmi is a young entrepreneur who started GetPaidWorkingOnline website to help folks from every corner of the world make a living online. Parmi is a trained affiliate from Wealthy Affiliate, which is a community designed to help anyone make an online business with zero experience! Read his story here.