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Reliable Ways To Make Money Online

  • avatarEmily Grace Johnson
  • 2024-09-01 23:10
  • 3 min read
Reliable Ways To Make Money Online
  1. Affiliate Marketing for Recurring Income
  2. Navigating Clickbank for Affiliate Marketing
  3. E-commerce with Subscription Models
  4. Building a Recurring Income through Agency Services

Affiliate Marketing for Recurring Income

Reliability. It's so important and I'm going to be going over 3 different reliable ways to make money online in this video. I'm also going to show you how to do it on my computer. So, in this video we're going to be going over some reliable ways to earn money online. Everybody wants reliable income. And I'm actually going to show you three ways that you can do it. One is using affiliate marketing which is what I do. The other is using e-commerce. Selling physical products and whatnot. I'm going to show you all this on my computer in just a second here. And the third one is by starting your own like marketing agency or social media agency or what not. Or just agency. Now, one thing that you want to keep in mind when you're looking for a reliable income, it's a very important word. And that word is recurring. You're looking for recurring revenue. You want something where whether you're an affiliate, whether you're selling a product or whether you're an agency, you want to make sure the products you're selling are being billed on a monthly basis. Or that you're on some sort of monthly retainer with your client. Again, you want that month, over month, over month income.

Navigating Clickbank for Affiliate Marketing

So, you want to make sure you look for that income. Now, let's go in my computer right here. Now, if we're going to do affiliate marketing, what affiliate marketing is it's selling somebody else's product and earning a commission for selling it. And how you do that online is use links, okay? Affiliate marketing, you get a unique link that shows that you're the one who created that link. And if people click on it, you get credit and you make money for it. So, here I'm on Clickbank. Clickbank's one of the older companies they've been around for 20-some years. They're the company I make money with. Now, what you would do is you go over to the marketplace right here. And in the marketplace, you see... You can search for products. So, what you just do is you click the product. Search button right there and you'll get a ton of products that will show up. Now, what we want specifically if we're looking for a reliable income that we can bet on month-over-month, is we actually want to scroll down here where it says 'attributes'. And we want to select... It says required billing types we want to select recurring. Because we only want to see products that we're going to make money month over month on. Now, as we see here, there's a weight-loss product called Flat Belly Fix. There's a woodworking product called Ted's Woodworking. And each of these products... Lean Belly Break Through. They have recurring income components to them. Now, what we see here is that we earn $54 per sale from recommending this woodworking program which teaches aspiring woodworkers how to actually start working with wood. And for many people this is a steel because my mom's a woodworker. And she spent thousands and thousands of dollars going to a local community college classes do woodworking. So, this gives you a way to do it from home. Now, but you'll also see that. It says average rebuild total. And what rebill means is it means recurring Billings. And that means you you make on average, an additional 82 dollars over time from the rebills. So, that's really good. And that means you are creating a reliable income for yourself because over time, you're getting some monthly income.

E-commerce with Subscription Models

Another example of a reliable income online is in the shaving space. Again, very boring space but Dollar Shave Club. I'm sure almost everybody's familiar with Dollar Shave Club. They're really popular with their commercials on online and on TV. And they sell razor blades on a subscription basis. I think it's like 20 bucks a month or something that they're selling their razor blades for online. So, great option and here's another one called beardbrand.com. And beard brand, they sell beard oil and beard supplies on a subscription basis. So, once again, they're creating that reliable income for themselves selling beard related products. Those would all be examples of ways you can make a very consistent income selling products. And these are just average products. They're nothing outside of the norm. I mean, we just talked about razor blades and underwear and beard oil. Nothing crazy but again, they've created recurring income for themselves.

Building a Recurring Income through Agency Services

The third way you can make money online in a reliable fashion is running your own agency. Now, as an agency, what you want to be doing is you want to be billing on a monthly basis. Again, you want that reliable income. You need to make sure that your clients are not just working with you one time, is that they're working with you on a regular basis. You know one of the sites that I used to use to find clients that pay me on a monthly basis was upwork.com. You know, one of the ways I got started in business for myself was I found a number of independent clients on upwork.com and what I did to find clients was simply I searched for clients that were in my skill base which was Google AdWords. I reached out to 25 people per day. Let's just do a search here, I'll look up Adwords. Now, I did a quick search for AdWords in Upwork and I found 420 people that were interested in having some help with Google AdWords and managing their advertising on Google. Now, what I did back this was back in 2012 was I would reach out to 25 people a day I'd spend roughly 1 to 2 hours reaching out to 25 people. I'd templates. You know, so I just changed you know a few things here and there but I sent more or less the same job template to each person. You know, giving them a little information about myself, my case studies, what I've done, what my skills were, etc. And I might work with them on a one-off project or not but what I would like let them all know. What I try to get everybody into was paying me on a monthly basis to manage their advertising. That's what I did. And by reaching out to 25 people every morning, like made sure it was in the morning. So, I didn't like let the day get ahead of myself. I built up a funnel of people and over time, I had a number of people paying me to the point where I was making over $10,000 a month with the clients that were paying me on a recurring basis. And that's when I quit my job. I was making $6.000 a month from my job and I quit my job when I was making 10,000 in recurring client Billings per month. I figured it gave me a little bit of buffer zone. Because as an entrepreneur, business is all over the place. So, those are a few ways to make money.

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