You don’t have to be the brains behind the entire operation to make money online. You can just as easily make a more than comfortable living selling products other people have created. Here's how…
4.1: Affiliate Marketing
Average Income: Far too many to get an average, but check out Matt’s Income Reports to get an idea.
This is the big kahuna of making a living online, right? This is where you find everyone from the Weekend Hustlers through to the $10,000 a month legends, and everyone in between.
I could turn this whole subject into an article on its own; but I won’t. Let me explain what an affiliate is, and show you a big list of places you can start affiliate marketing.
Being an affiliate is basically investing time and effort into promoting a product and making a commission every time you complete a sale.
This works best when you have a platform like a blog, or a YouTube channel to sell from. But, there are lots of other ways to do it too.
You can either find affiliate opportunities on certain sites that compile them all (see below), or you can go directly to your favourite products themselves and see if they have a programme.
Here are some of the best sites you can sign up to, or become an affiliate from:
How Much Can You Earn?
This is an industry full of variables, so instead, I'm going to point you to this income report from January 2016. so you can see what's possible and what just starting out looks like.
4.2: Advertising
These are two money making powerhouses back to back, aren’t they?
Advertising has been, and probably always will be, one of the best ways to make money online. While there are camps of people for and against it, advertising plays a role in almost everything online.
And if you’ve got the space to put adverts there, you should take advantage of it.
You’ll be able to advertise if you have a:
- Blog YouTube Channel Podcast Website or Niche Site Mailing List Any other platform to sell from
There are a couple of subcategories to how you can advertise, though, so let’s take a deeper look at each of them…
4.2.1: PPCC (Pay Per Click Contextual)
These sites work like Google Adsense and choose adverts based on the content of your site, and some of the habits of the user. Meaning you have a little less control over what’s seen, but a better chance of converting.
If you've got time (after this article), read this 1k (Almost) In One Week from Glen over at Viper Chill to see how he managed to make almost $1,000 in a week using this style of advertising. Take a look at these sites if you want to get involved:
4.2.2: CPA (Cost Per Action)
This style of advertising pays out based on a specific action, like clicking a button or signing up to a form, and so on. People are pretty tight lipped on what works. and how much money they make, from using these methods.
But, that's a good thing, because it shows how highly profitable for people it is and they don't want to share their methods…yet. But you can sign up for this method using these sites:
4.2.3: CPM Advertising
Instead of paying for clicks on an ad, CPM pays for pageviews. Usually a specific amount per 1,000 page views, but that will vary depending on the client.
You’ll also need quite a big following for this, so if you’re just starting out, it might be one to think about for later.
Sites that do this, much like above, are keen on keeping how much money they drive through this under wraps:
