Ways To Make Money Online
Okay, so back to what I was getting at regarding online business and it’s many forms, shapes and sizes. There really are only two ways to make money online.
1) You sell your own product you create or manufacture through your own website, generally referred to as eCommerce, or through partner websites that will promote your product for a fee, or for commissions through their affiliates. You may set up an affiliate network yourself and have your products promoted and sold for a commission etc. paying either for commissions, or leads that will suit your specific product or market.
2) And the other method, well, is to be one of those affiliates, selling the products of others through an affiliate network such as Clickbank, Commission Junction or signing up directly with the company through their independent affiliate software.
The two points mentioned above can come in various and shapes and sizes from products that need to be shipped, e-products such as training or electronic media etc. A good way is to establish your presence on the internet one way or the other, regardless, and the sooner you start, the better for you in the long run. There are many ways to promote products online and the act of promoting, selling and exposing your products and services, whether your own or affiliated is collectively called ‘Internet Marketing’ which is the be all and end all of online survival.
Ways to promote your products are diverse. These include:
1) Independent Website Owners, which will include product websites, affiliate websites, blog sites etc. etc.
2) Hosted pages through sites such as blog sites, profile pages e.g. eBay, Myspace, Facebook etc.
3) PPC (Pay Per Click) promotion on Google, Yahoo and partner networks and can be in the form of direct linking, or landing page linking
4) PPV (Pay Per View) as above
5) PPI (Pay Per Impression) As above
6) Social Networks such as Twitter, Facebook etc.
7) Web 2.0 promotion with Digg, Squidoo, Hubpages etc.
I’ll give more details on all the networks and methods in an upcoming post, for now I want to give you an idea of what is possible and how online business should be approached, that is, with eyes wide open and aware of possibilities.
Social Networking is the new kid on the block, and after discussing some of the traditional avenues, this will be my focus in the short term.
Happy days – J
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