Learning how to make extra money on the internet is

Figuring out what to do to make extra money on the internet is not as easy.

EASY

There are hundreds of categories that can be split into thousands, if not tens of thousands of ideas. !This guide on how to make extra money on the internet, with a special focus on affiliate marketing.

There are many other ways to make money online, but we will include a lot of affiliate marketing programs because: !● Some pay very well. ● You can automate them much easier. ● Very low start-up cost.

How To Make Extra Money With Affiliate Marketing

A company creates a product and commissions people to sell it for them in exchange for a percentage of the sale. Amazon, Best Buy and other major retail outlets have affiliate programs. That’s right, you can set up an account with say, Best Buy, start selling flat screen TVs, and earn about a 4% commission. It is the affiliate marketer’s job to send people to an offer to Best Buy, and if that prospect buys, they earn a commission.

Think of affiliate marketing as commissioned-based sales.

Now, that is affiliate marketing at its very basic function. Here’s the thing about affiliate marketing.

That is because you need a lot of traffic to be able to sell affiliate products.

It is a science, AS WELL AS an art.

© Antonio Harrison | Dreamstime Stock Photos

Think of a funnel ● 1000 people come to your website. ● 100 optin. ● 1 buys.

The average sales conversion is about 1%. If you sell a $1000 flat screen for a 4% commission, you earn $40. If you sell one per day, every day, in a 30-day month, then you earn $1,200 per month.

Not Bad!

So the next question is, how do you get 1000 people to your site every DAY? !Remember, in order to earn that $1200 a month, you must have about 1000 people coming every day to your website. Consistently.

The answer is, it is a lot of work, planning and sometimes, cutting your losses. !It is about finding what marketing technique works for you.If you stick with it, you will learn a lot, and can potentially earn money.

© Andres Rodriguez | Dreamstime Stock Photos

both with and without affiliate marketing

Without further ado, let’s look at

how to make extra money

How To Make Extra Money – 16 Different

Ways

1. Clickbank Clickbank is an online marketplace for affiliate marketers and companies looking to promote their products. Clickbank provides information such as the cost of the product, the percentage affiliates receive when they sell, how popular the product is, recurring commissions and other details.

You can choose one product or several, and as an example:

1. Build a blog or website. 2. Create a free ebook or offer for

visitors. 3. Create a capture page (for email). 4. Create a sales page for the

product. 5. Create a series of email that offer

info about the niche. 6. Promote the product to your email

list. 7. Make sales.

The main split is... !Affiliate – someone who promotes the products listed in Clickbank Product Creator – where you have affiliates and yourself selling your products on Clickbank !I list it here because it’s a pretty popular source but not something I would recommend for the new person, or even the full time marketer making less than $3ok/month as there are easier ways to increase your income and stabilize it.

Here are my Pros and Cons Clickbank.

Pros

1. popular place to make money by selling someone’s stuff or making your own and getting affiliates to sell it

2. tracking, setup, payouts all there 3. tons of niches but you will see the more profitable ones are going to be the

“make money” or “dating” niches. Check the Gravity (google Clickbank Gravity) and see what they recommend as “HOT” products/services to retail.

Cons

1. many of the offers there are here today and gone tomorrow 2. when you get the “slimy feel”… it’s what I think of Clickbank products…. over

hyped, under delivered (yes, i had my own product on clickbank but it was NOT focused on money, it was a website building tutorial and noticed the ones that sold the best was with the better funnels, upsells and not necessarily on it’s usefulness or quality)

3. some people buy the product, and return it. or buy it and chargeback to get the product for free (most of the products are digital so they can be consumed within 90 days). this isn’t the fault of the program so much the quality of the buyers market. Not to say this is a bit issue, but I’ve seen it happen more so on this platform and could be because it’s one of the most established online.

Do I Recommend Clickbank? - Only for the experienced in building products or have massive traffic to send to offers (in niches) !- if for affiliates, it’s not sustainable in my opinion as you never know when the clickbank product will packup and leave so your always hunting down other offers every single month to stabilize your income and your offer funnels (blogs, videos, social media…) constantly needs to be changed and updated for new offers. It’s cool for a launch for a good product/service but when your doing this part time and full time I wouldn’t recommend the rollercoaster ride of having to juggle offers and continue selling new “things”.

2. Amazon Associates

If you’ve wanted to know how to make extra money with Amazon, try Amazon Associates. This is an affiliate program with Amazon. While Clickbank is generally associated with digital products, like ebooks, video tutorials, etc, Amazon allows you to make commissions on physical products.People generally buy more than one product, which you make commission on, and anything else they buy within 24 hours even if they click out of your affiliate link.

Here is one of my test with Amazon (it’s not a lot but shows what I want to emphasize… low commissions payouts)

the image above is my OWN test and numbers… results are not typical and only shown as a reference to what I’ve done using Amazon.

Do I Recommend Amazon Associates? 1. It’s free to start 2. no inventory (unless you want to sell your

own or do some drop shipping) 3. no monthly to maintain 4. established brand so people should buy at a

higher rate

Do I Recommend Amazon Associates? ● But the nail in the coffin for me is the payout commission

%. It’s just hard for me to swallow that I drove say $100,000 in gross sales an make about $5,000.

● Good place to get your hands wet and easy to understand and get ready for a full time career in affiliate marketing.

● It’s the easiest to understand as it’s a brand name, and easy for buyers to have confidence in what they are buying. If someone were to ask you what you do for a living… Selling on Amazon is a easier pill to swallow .

3. Elance and oDesk If you want to know how to make extra money in a more conventional way, give oDesk and Elance a shot. These are online outsourcing websites. You can be a freelancer, an employee, or join a team of freelancers. You can also start your own team of people to help you with your work. If you can do it, you can find a gig for it.

Some of the skills you can hire yourself out for are: ● Graphic Design ● Software Development ● Web Programming ● Information Technology ● Advertising and Marketing ● Administrative Support ● Accounting & Finance ● Legal ● etc…

Elance and oDesk has merged but I primarily run my job hirings through Elance and recommend it as a place to be hired or to hire.

4. Fiverr You can jump on this website and offer plenty bang for someone’s buck. You make $5 minus the fee, which is a buck. You also have the option of adding other prices for extra work, at $5 intervals.

● You can rack up more work, especially if you create a system to get it done faster.

● You can pick up better-paying gigs. ● You can put together a package, and then send a download link when

someone orders (photos, articles, videos, etc.). It will take you a minute to do the work.

● You can gradually raise your prices. ● You can build an army of inexpensive labor to help you get your work

done faster.

Why would you work that cheap? What is the benefit?

5. Etsy This popular website is well-known for attracting artisans from all over. If you want to know how to make extra money using your creative ability, then check out Etsy. Incidentally, if you love Pinterest as well, then Pinterest is the perfect place to market your Etsy store.

You can sell the following on Etsy (partial list): ● Art ● Sculpture ● Jewelry ● Clothing

● Toys ● Furniture ● Home Decor ● Housewares

6. Craigslist This is a free classified where you can sell pretty much anything. A great place to make fast cash, this is one of the fastest ways that I know how to make extra money. You can sell physical products or services. Here are some ways to make money with Craigslist: ● Find garage sales, buy items to resell on Craigslist for a profit. ● Buy individual items on Craigslist and resell on eBay or Amazon. ● Buy items on eBay in bulk, and resell one by one for a profit. ● Buy items on eBay or Amazon and resell on Craigslist. ● Sell services on Craigslist.

Even used items or broken items can be resold. Merchandise like broken iPhones or gaming systems can be resold on Craigslist. Local businesses or individuals will buy them, fix them up and resell them. You can even buy things you need, use them until you are done, and resell them.

The most important thing to do is RESEARCH. If you don’t do your research, you can lose big time. To look outside of the scope of what you have already 1. Look to sell your friends and families goods 2. Look to drop ship (buying something on Amazon and selling it

on craigslist, timing is tight… works a little easier on ebay) 3. Buy something on the cheap (clearance) and sell on craigslist.

The goal is to have a return window so you can return inventory you couldn’t move.

7. Commission Junction (now CJ Affiliate by Conversant) Commission Junction, just like Clickbank, is an affiliate marketing marketplace. Commission Junction offers a lot of physical products. It also offers events and services. Clickbank offers more digital downloads, while Commission Junction offers a lot of other items.

Here are some of the ways how to make extra money on Commission Junction: ● Business Marketing ● Books / Media ● Financial Services ● Telecommunications ● Home and Garden ● Sports and Fitness

The cool thing about Commission Junction is it has some large brands on it

Basically.. any large store or brand that deals in hard products probably has a listing in Cj.com There are a couple issues…

You have to be manually approved to a lot of the vendors.

Icons made by from www.flaticon.com

8. Linkshare

Linkshare is an affiliate marketing program. You can market a lot of physical products, and they also have big box retailers like Macy’s, Starbucks and Office Depot. You must go through a screening process. Linkshare will check out your website and if you pass, you can start marketing.

9. eBay We all know about eBay. There are so many ways to make money on eBay. You just have to pick out what’s trending or popular, buy low, sell high. If you want to know how to make extra money and have fun, try eBay. Here are ways you can sell: ● Buy things on clearance, at the end of the season, sell them for

a nice profit. ● Garage sales are gold mines for eBay. ● Craigslist is an awesome place to buy for eBay or sell things you

bought from eBay. ● Some broken electronics, old electronics, sell well. ● Niche products, like t-shirts for biker chicks.

Most important note: DO YOUR RESEARCH! Don’t do your homework? Don’t expect to even break even unless you know what you are doing.

Note: You make your money when you BUY not when you sell. Buy as low as possible.

10. ShareaSale

ShareASale is an online marketplace, like Commission Junction & Clickbank, that brings together businesses that can benefit one another. It is unique in that it only promotes retail companies.

There are over 3500 companies to choose from and it is free to sign up. One of them I’m testing in ShareaSale and what I’ll be teaching some of my students is how to sell this product on shareasale !Most affiliate programs don’t pay too well but this one on ONLY shareasale pays a minimum of $150 even on a $30 sale…. pretty crazy and one of the funnels I’m building out.

11. Google Helpouts This is a very cool service, where you can offer advice on your area of expertise via live video.

Let’s say you are an interior decorator. You can charge by the minute or half hour, and actually give a person advice in real time. They can even show you their home, if they wish, and ask for your advice.

12. Google Adsense This is basically a snippet of code that you put on your site. It will show ads, track how many people viewed and clicked on the ads on your site. You will get paid based on the going rate for clicks in that niche.

13. YouTube videos If you love to make videos, is a great option. Here are some steps on how to make extra money with YouTube: ● Get a consistent following and a lot

of viewers. ● Monetize your account by

activating the monetization option. ● Set up your Adsense account.

Once you get 15,000 cumulative watch hours over 90 days, you can become a YouTube partner. !You get more perks like access to better editing tools, prizes, exclusive community support and tips.

14. WarriorForum WarriorForum is a wonderful place to sell products. It is an old-school forum where internet marketers gather to ask questions about internet marketing techniques, products and anything related.

WarriorForum allows you to set up sales copy (a written sales letter) and links to your product. You can also sell affiliate products. One thing to know about WarriorForum is that a lot of people will sell to you. It is easy to be distracted, but don’t. You will end up losing a lot of money. Stay focused.

15. Print on Demand (Prefer TeeSpring) What do TeeSpring, Zazzle and CafePress have in common? They are all print on demand. In other words, you can create art or graphics, put them on products and these products are not manufactured until someone orders them. No upfront cost needed. The company takes their cut when the customer pays.

Some of the physical products you can sell are: ● Clothing ● Pet gear ● Mobile accessories ● Office products ● Business cards ● Home Decor

● Accessories ● Wedding ● Graduation ● Holiday

Pros 1. can start with $0 investment 2. you don’t hold inventory 3. tons of niches to work in 4. pretty new, compared to the other types of

extra money 5. $0 to maintain (sort of) 6. no customer support needed as they handle

refunds, shipping and questions

Cons 1. can be super competitive in niches 2. if your design gets out your niche/shirt can

be flooded with competition 3. trademark still enforced so niches like NFL,

NBA, MLB… will be tricky to sell in 4. to scale up, you need to do paid ads to get it

really going 5. if you aren’t good in tshirt designs, you need

to hire one. Can be as cheap as free (I have a hookup) or $50 per tshirt design. The design + niche is super important.

6. it’s not about 1 good shirt.. it’s about having 20+ going on at one time and cutting your losses quickly with poorly converting designs + niches

Available internationally, this program includes links you can use, as well tutorials and support.

16. iTunes Affiliate Program I love iTunes, and this is a way to promote apps, music, books and podcasts and earn a commission.

17. Empower Network This is my favorite and where I made my first 7 figures online. (yes… made a million in commissions with them).. I don’t say this to brag but to put emphasis to where I focused my time and where I had my first major success online with affiliate marketing. !Affiliate marketing is the focused effort of selling someone else’s products and services. In exchange of not having to create, maintain, support… The affiliate just does their thing to drive buyer traffic but only gets paid up to ~50% (not this one). !It depends… Some affiliates pay for leads, but most pay for a sale (That’s the CPA – cost per action they are willing to pay for an action) !So you can spend most of your time driving traffic into a sales funnel and eventually into buying something you are “backing/promoting”

With Empower Network I run it like I “own it” as that’s what it pays like… but essentially it’s an affiliate program that pays out super well…

The reason this works for me and why I recommend it to so many of my newsletter readers, clients, and facebook clients…

1. It has a built in continuity – it pays every month on it’s renewals

2. Pays pretty close to 100% (minus the merchant credit card fees). Unlike other affiliate programs where they pay you 5% – 50% this one pays you it ALL and minus the credit card merchant processing fees.

3. The benefits are that it can be instantly set up, comes with hosting, can have domain mapping for free, built in capture system in banner and widgets, and comes with up to 10 blogs.

The important thing to remember is that your customer needs to be helped… you need to help solve their problems with your products and services. !If not.. you’re not going to be in business long. I’ve been retailing this product.. this ONE product over 2 years now. I have hundreds of customers and it’s been a blessing to my customers. I can send them to this training and I get paid for them to get the BEST training out there on marketing, mindset, and business.

If you wanted to know how to make extra money, you have many ways to do it online. Mix them up, combine them or go all out on one. My recommendation is to start with just one, give it all you got, and then start to branch out. Making extra money online is done everyday. All you have to do is get started and focus on growing it. !My recommendation is starting with Empower Network primarily because it’s a high paying continuity offer that is easy to retail and offers a solution to what many home business owners need... information on building businesses and traffic generation.

I hope you enjoyed my breakdown of affiliate offers and what I have personal experience in. !Learning how to make extra money isn’t hard.. the issue is guidance and taking massive action.

!Click Here For 30 Ways To

Make Money Fast !Go get it and help more people… that’s the secret. The MORE people you help the more you get paid… it’s an interesting dynamic but you will see what I mean when you make your first $100k online