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A. Internet marketing can be a great way to work at home because there's actually no ceiling as to how much you can earn. We know of Internet marketers that earned $5000 or more in a single day and others who regularly earn thousands of dollars a month. But there is a big but here. But it's very unlikely that you'll earn this kind of money right from the get-go. In fact, what's likely is that you won't earn much of anything for several months or even several years. As a rule, Internet marketing divides into these categories.
Affiliate marketing is where you create a website and promote the products of other companies – working something like a sales agent. The most popular form of this is to become an affiliate of Amazon.com where you could then promote any of its thousands of products. Three other websites where you can find companies to promote (market) include Commission Junction, Share-A-Sale and LinkShare. In all of these cases, you promote products with links to Amazon or whatever and then earn a commission when someone clicks on your link and buys a product. Amazon commissions tend to be on the low side as you would earn only 6% on the first 1-6 products shipped or downloaded in a month and 6% for 7-30 products. In comparison, companies you would find through a site like Share-A-Sale might earn you 10% to 15% on every product you sold
As the name implies, information marketing is selling information. This could be your own information or it could be information created by other marketers. As an example of this, the site www.clickbank.com has information products from hundreds of different people and companies. If you successfully sell these products on your website, you would earn commissions as high as 50%. Of course, it’s better to sell your own information because then you’d get 100% of the sale.
This form of Internet marketing seems to have fallen a bit out-of-favor over the past few years but can still be a moneymaker. The way it works is that you choose a company that you want to work with and then sell its products on your website. When you make a sale you transfer the order to the wholesaler or manufacturer who then ships the product directly to the consumer. In effect, you serve as a retailer and your profit is the difference between the wholesale price of the item and whatever it is you can sell it for.
Creating and selling your own products
This can be a very lucrative way to make money at home because when you do this – as noted above – you get to keep 100% of the sale. This can be either information or an actual product. There are hundreds of people making good money by writing and selling everything from short reports to e-books. You could also earn good money by making and selling anything from homemade jam to wooden chests and from handmade jewelry to hand-carved toys.
This is a sort of misleading title because what it really consists of is building a website or websites where you display ads from Google and earn money every time someone clicks on one of them. This is called Adsense and they are the little five-line ads that appear on the right-hand side of almost every Google results page. Each time someone clicks on an Adsense ad on your website, you would earn anywhere from a few cents to several dollars. The biggest downside of AdSense is that you have no control over which ads Google puts on your site. They could be very appropriate or not so appropriate in which case you would earn very little if anything.
Q. How could I get into Internet marketing?
A. One very big positive of Internet marketing is that it requires very little money to get started. All you need is to buy a domain name at a site such as www.namecheap.com for as little as $10.95 and then find a company to host your site. We have used both www.GoDaddy.com and www.hostgator.com. Their costs are roughly the same or about $10 a month to host almost an unlimited number of websites. You could then use the free program WordPress to create your site. It is by far the most popular site creation tool available and makes it just about drop-dead simple to create sites. Plus, there are hundreds of free "plugins" available for use with WordPress you could use to make your site more effective and more powerful.
Q. How much could I earn with Internet marketing?
A. There’s a simple answer to this question – this sky's the limit. If you have the smarts, patience and time you could earn literally thousands of dollars a month. But as noted above, this is not likely to happen right away. You may need to experiment with several different forms of Internet marketing and a number of different products before you get a real "hit." But when you do, it can become an absolutely amazing thing called passive income. In other words, the money just keeps rolling in 24/7 whether you're at your computer, asleep in bed or on a beach somewhere.