Thursday, April 4, 2019

What are some alternatives to employment in regards to making money?

There are many ways to make money, you can be a freelancer or investor. You could start your own business or try some internet hustle. One of the easiest ways to get started is with affiliate marketing.

Simply put, affiliate marketing to promote other people's products. If you know someone else's product successfully promotes and ensures that the consumer buys the product through your website, you get a percentage commission for this. So you have no own product, but you promote the products of others.

This is done by a special affiliate link to place on your website. This then links to the product you're promoting. By using a special affiliate link, the visitor can be precisely measured is through your website, and so you will get commissions when consumers buy the product.

You're like a middleman!

These products can be anything. It may be (mobile) phones, concert tickets, shoes or even applications for a contest.

EARNING AFFILIATE MARKETING

There are several affiliate marketing revenue models, namely:

PPC (pay per click) - here you get a certain fee if a visitor clicks on the promotion of your website.

PPL (pay per lead) - here you do get eg a fee for a visitor to participate in a contest, and thereby data leaves the advertiser.

CPS (click per sale) - here you get a fee when the visitor actually actually bought the promoted product. This is often a high cost.

You can have complete control of what business model you will use. It is wise to match the earnings on your website.

Do you have for example a website in which you compare products, then it is wise to hang behind a CPS model. For example, you make an affiliate link to the product that you are comparing, and if the visitor then buys the product through your affiliate link, you get paid for it!

If you are just getting started I suggest you take a look at a site like Wealthy Affiliate. You can sign up for free and give it a test drive.

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