The internet changes so fast that one year online equals about five years in the real world. But the principles of how to start and grow a successful online business haven't changed at all. If you're just starting a small business online, stick to this sequence. If you've been online awhile, do a quick review and see if there's a step you're neglecting, or never got around to doing in the first place. You can't go wrong with the basics.
You can use your marketing skills to show business owners the benefits of using analytics data, strategic keywords and content structure to gain more organic web traffic. If you are unfamiliar with SEO or want to brush up on your digital marketing skills, you can reference Moz's Beginner's Guide to SEO. Keep in mind that Google's algorithms are always changing, so SEO is something you will need to continue your education on to stay relevant and successful in this field.
For example, when I first started back in 2009, I learned from a service called Solo Build It. I knew absolutely nothing about building an online business, let alone what “affiliate marketing” even meant. However, they changed my life and taught me how to build money-making websites online, which is what I’ve been doing with my life ever since. This is another great service to consider and you can read my review of Solo Build It here.
Just take amazon as an example. In order to earn money from Amazon, you have to sign up as a partner with them. Once you have signed up, you will be given a unique affiliate link. You can promote this link by placing it in your own website, etc. When people clicks on that link, and purchase something, you make a commission from the successful sale. You do not need to handle the transaction nor are you selling stuff. You are connecting potential buyers to retailers.
Some offers may have low commission or conversion rates: Not all affiliate offers were created equal. Some offers pay out more % per sale. Somer offers just don’t convert that well despite sending tons of traffic to them. It is important to pick a good offer that converts well & pays out high. Look for offers that are the most popular in your niche at clickbank.com, or look at other affiliates ranked on page 1 of Google within the niche and look at what type of offers they are promoting. Most likely those are the great offers to promote in the niche.
Udemy.com – Udemy is an online training platform where “instructors” can create courses and sell them to “students”. There are some extremely high-quality courses on Udemy created by high-quality instructors who really have made a lot of money online, but there are a lot of very low-quality courses as well. Most of the higher quality courses are quite expensive, sometimes exceeding $100. While the training might be good, the training on Wealthy Affiliate is excellent as well, plus you get all the tools, community, and support included as well. Once again, I believe Wealthy Affiliate is the better option.
There's an audience for everything, even if it's as specific as dollhouse furniture or organic dog food. With a niche e-commerce store, you can reach customers who seek your specific products. Building a business in a niche market can help you differentiate yourself from other brands and build your credibility and expertise. Look to social media or your own consumer needs to come up with a product to sell online.
With that said, I want to fully disclose that I am indeed an affiliate for Wealthy Affiliate. If you click on any of my affiliate links, like this one, I get credit in the event you sign up for a paid membership option. If you do want to sign up for Wealthy Affiliate, clicking on my affiliate link is actually beneficial for you, too. If you sign up after clicking my link, I get notified and we are able to have private 1-on-1 conversations within’ the Wealthy Affiliate community. This is a huge added benefit and all you have to do is use my affiliate link before signing up for your free account.
When I first started, it took me 2 hours during weekdays and 4 hours or more during weekends, and this schedule lasted for about 4 to 5 months. (That is till I got my first commission) Then now it is about 1 hour every weekday and 2 hours during weekends. Of course, I will work more if I have the time because I am passionate about my online business.
Jack, my hat is off to you for your online success. I had heard about Wealthy Affiliate a few years ago, but never pursued it due to the need for more immediate income at the time. I had forgotten all about it until I recently became interested in affiliate marketing again. After finding a few scammers in the space, I came across Wealthy Affiliate again. Right away, I knew WA was the real deal and a great choice, so I proceeded to give it a test drive by signing up for the free account. I totally expected to upgrade quickly, but wanted to have a look around to be absolutely sure before upgrading to a premium account. After signing in, I was shocked to read the following statement on the next page, “Free Starter accounts are not available in your country, but we would love to have you as a Premium Member!”. Please understand that I am not sharing this to trash WA in any way, but I feel that others should be aware that there are exceptions to the free trial. I am an American who happens to be traveling abroad, so unfortunately due to geo-tracking, the country I am currently visiting is being blocked from their free trial offer. I’m not a “Cheap Charlie” and not just looking for freebies, but this experience has caused me to reconsider whether I should join WA as a premium paid member without trying it before I buy it. It should also be noted that I was brought to the checkout page to pay first and the only option I was given was the annual payment @ $359.
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.
It is possible but it will be difficult. To be honest, nothing is guaranteed and it really depend on each individual. There are people who join as Premium but did not make any money and there are people who join the starter membership and started to make money. With Starter Membership, especially for beginners, you will have limited knowledge and you will be stuck at one point and do not know where or how to move on, furthermore, you will not have the support system where you can ask for help when you need it. If a Starter Member were to make money, I would assume that the person has already some knowledge on Online Marketing.