Internet marketing has become the buzz word in this recession. People need extra money to pay their mortgage bills and supplement their income. Many people want to succeed at it. In my opinion, if you take internet marketing as a hobby, you will enjoy it, have fun and make money as well.Make Money Online.
Many people take on internet marketing. Join expensive programs. Follow the herd. Pay thousands of dollars in advertising costs. Lose money. Abandon that program, join a new one. Repeat what they had done before. And in the end, simply give up.
You need extra cash to pay for your mortgage or utilities, internet Marketing is the easiest way to start making extra money in your free time. You need only a computer and an internet connection to start making money online. You must have heard about affiliate marketing?
Many people will tell you that joining Google Adsense is the easiest way to make money online. Is it really? No doubt, Google will pay you when visitors to your site click on Adsense ads. But how many people like to click on Adsense ads. Not more than 20-30 for each 100 visitor to your site.
Mostly the earnings per click will be like a few cents. To make a few thousand dollars each month using the Adsense Program, you need to develop a lot of traffic to your site.
Just by simply putting Adsense ads on your site wont make you any money. You need many visitors or in other words, you need massive traffic. Getting traffic is the most important skill a new internet marketer should learn. There are many ways to get traffic to your site.
Affiliate marketing is great in the sense that you dont need to develop your own product. You dont need to develop your own website. The merchant will provide you with a website and a product. You only need to promote your affiliate website to make a few sales. Get Massive Web Traffic.
Suppose you choose a product that sells for $50. You get paid 50% commission for each sale that is made by you. So for every sale you make, you get paid $25.
Suppose you make one sale/day, you make (25) (30) = $750/month. If you make two sales, you make (2) (25) (30) =$1500/month.
Suppose you want to make $6000 every month. For this much income, you will need to make (6000)/ (30) (25) = 8 sales daily. Can you make 8 sales daily?
8 sales every day means you will need to advertise your site a lot using PPC. PPC cost of advertising has gone up so you will have to spend something like $3000 every month to make $6000. Keywords are not cheap anymore.
There is a better model known as Continuity that you can use. Continuity is a payment model in which the customers are billed every month until they ask to cancel.
This is also known as Recurring Billing. Membership sites are one form a continuity program. So lets do out calculations again.
There are many continuity programs that you can choose. Suppose you choose one that sells for $50 per monthly subscription. You get paid 50% recurring commission every month for recruiting a member.
If you make only 10 sales every month, you are making $250 first month, $500 second month, $750 third month, $1000 fourth month and so on.
You see you will get paid for making sale month after month after month. Continuity is the fastest and easiest way to build consistent income and wealth online.
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