What is affiliate marketing?
Affiliate marketing in a nut shell is promoting another person’s goods/services and getting paid for any customers that you refer.
What are all the ways I can make money online?
There are many different ways to make money online. Most people only focus on being an affiliate. However, if you have specialized knowledge you could develop your own product to sell online. If you know how to make websites, you could build websites for other people. If you have artisitic abilities you could design graphics and layouts for a website. If you are great at writing you can write articles for people. If you can’t do any of those things, you can have other people do those things for you. There are tons of ways to make money online.
What is the biggest challenge to making money online?
I can’t speak for everyone, but for me my biggest challenge was actually just applying the information I learned. There are thousands upon thousands of websites that will tell you what you need to do(tasks) in order to make money online. I found out that I wasn’t necessarily ready to do that. One thing I don’t hear a lot of people talk about is that you might have to grow as a person.
For me I found that whenever I approached something new I would have a lot of negative self talk. I would criticize myself harshly about what I was doing. Whether it was an article I was writing, a PPC campaign I was setting up, or blogpost I was making I would always find some way to talk down to myself. I would also let my fears stop me from taking action.
Learn to be kind and patient with yourself. Don’t let your fears prevent you from taking action. Adopt the mindset of a baby learning how to walk. If you fall down get back up and try it again.
How much money have you spent on IM/affiliate marketing courses?
About $15,000 and for those of you wondering I spent about $40,000 on real estate investing courses.
What are different ways you can advertise products with affiliate marketing?
-PPC(pay per click)
-Article Marketing
-banner advertising
-blogging
-social media(facebook, myspace, twitter, etc.)
-email marketing( can only happen once you build a list or you do a joint venture with someone who has a list.)
-ezine marketing(a lot of people have email lists that they will sound out a weekly or monthly newsletter. They will allow you to purchase and advertisement in their ezine.)
-I’m sure there are more ways that I can’t think of right now off the top of my head.
Have a question not listed here?
Post it below in the comments and I’ll be sure to answer it for you. 🙂