The 7 Established Ways To Make Money Online

Hi everyone,

I always follow launches, not as a buyer, but as a student, to see the process and how they do business.

You can learn a lot from this one practice, I recently followed a new email product called “The machine," which was informative, adding good value and list segregation is highly important in email marketing.

Unfortunately, the reason email marketing has gotten such a bad rap, and very poor response rates lately is? simply from unethical marketing.

Anyone who's on a few email lists can see this daily occurrence, people are just abusing the concept of permission marketing.

Some previous top marketers who used to add value switch to everyday product emails and have to their cost burned their list and had to start fresh, completely destroying their list relationship.

The main reason I follow launches is to read comments and see where peoples perception is towards both product and market.

Recently this one comment jumped off the page; it quoted “ people don't give a damn about adding value or quality anymore, they just want to make money now no matter what “

Now this elderly lady was sadly, so right, but her attitude was almost defensive of it, as if she was approving that was they way to be.

It’s like saying, everybody else is ripping people off so I’m going to join them and buy this so I can learn to follow suit and get my share.

What on earth is she thinking, what attitude to have in life, very sad and negative and unlikely to bring her the success she NEEDS. You need to provide service and value to be successful; it's nothing to do with needing its just not how it works.

So lets move on to how to make money ethically and the various ways you can do it and add value at the same time

To make money online, you need to understand exactly how the majority of money is being made from internet business, and it can comes down to just 7 Primary ways.

1.   Affiliate Marketing
2.   Information Products
3.   Business Opportunities
4.   Network Marketing (MLM)
5.   CPA Marketing
6.   Consultancy
7.   E-commerce

We will look briefly at each of these areas to give you an understanding of what they are and if it suits your choice of one or more to start your path towards making money online.

1.    Affiliate marketing

This model is probably most widely used method to make money online, this means you can sell other people’s products or services and then make a commission for what you sell.

This commission can be 100% on lower priced items to 40-75% on the back end higher priced items  - this is an easy way and where most people start, Mike has kindly set up an affiliate program here for LFP so make sure you utilise this opportunity.

2.    Information Products

Many affiliates sell information products. However the real money is in creating and selling your own information product and then get other affiliates to sell your product creating a money generating asset.

We see this all the time with products like Video genesis or the latest webinar product. The process gets a little more complicated when creating your own product or service but can be worth the investment if you have a great idea or concept.

3.    Business Opportunities

Making money with business opportunities (referred to as Biz Ops) is usually the easiest and fastest way for one to get started because they are appealing to so many, and much of the “hard” work is already done for the member.

These are typically represented by the flashy websites and claim of fast & easy riches - not my choice personally but there is a huge market segment out there who continuous hunt and skip looking for the goose that lays the golden egg :). The disadvantages of these Biz Ops are they usually have a very short half-life.

4.    Network Marketing

Commonly known as MLM (also stated as Many Lose Money) These can be huge money makers because of relatively small investment, and you make a small portion of every sale made in your downline.

The problem is you need such a large downline and the fall off or attrition rate is so high that you must continue to recruit large numbers to build your business.

The Network Marketing model is best suited to leaders or the highly dedicated as takes a lot of work and time but can work for the right people, as potentially unlimited earrings. The more product or service you and your downline make the more you earn.

5.    CPA Marketing

This model is a less commonly known, CPA meaning Cost Per Acquisition or Action, this industry has grown into an incredibly lucrative way of adding extra revenue into your pocket. Global Brands have now realised the power of ref feral and will pay you handsomely.

Similar to affiliate marketing except there is no requirement to make a sale, but get rewarded $50-$100 just to get a lead or email. This area can produce serious results if done correctly and should be on your list to find out more.

6.    Consulting

One problem the exists today is information overload, and it has given rise to a phenomenal growth in the demand for consultants on business, finance, marketing, social media managers, pretty much every industry with huge budgets available in most.

The predictions in growth alone by the year 2020 are just staggering with spending in the Trillion’s of Dollar. Positioning yourself correctly now can lead to high-income streams in the future, almost guaranteed. Learning valuable skills and investing in being someone of value can pay you huge dividends in the future.

Finally, we have a growing industry that recently has seen unprecedented attention with Amazon & Ebay changing the way we do business daily.

7.    E-commerce
This is probably the most widely used model online used by the masses, but your opportunity to be on the receiving end as a vendor has now Never in the history of the world has it been so easy to get involved that's a bold statement I know, but absolutely true.

Anything sold online through retail from food, clothing, tools, diamonds to extremely high-priced items is through an E-commerce platform it no longer is reserved for the ultra rich its possible to buy in now for less than $30 month to launch a global fully functioning store.

We all have heard of and use Amazon, Ebay, and countless others but now due to advances Amazon will hold your stock and dispatch it all for you how crazy is that. This industry especially with China opening up to market has now given the average person the opportunity of al lifetime as long as you have the skills and method to leverage it correctly.

So there you have seven main ways to earn online income, there are others, but all come under the umbrella of these, in some shape or form. You now have a better understanding  on how to build your 6-Figure Online Business.

I will let you know that there will be bumps in the road, and your success will be determined on how you react to those challenges.

The little secret is that everyone can do this and make it work IF, they treat this as a REAL business, find people to work with that will help and support you AND have quality products, services and opportunities to offer.

Don’t join the unethical marketers or people who exploit those out there. as every day we throw the boomerang. Once you throw it, it will always come back; it may take weeks, months, years but it will always come back.

So do the right thing build a business that is ethical and that you are proud of, something you can pass on to your offspring and stand proud of what you built.

Try to resist the temptation to join some sheepish, dodgy deal you got involved in and are too embarrassed to say anything about. People are more astute than people give them credit for so, always have the integrity and courage to do the right thing for the right reasons.

I will leave you with a favourite quote I have on my desk:
“You can run with the wolves or sleep with the sheep, but you can never do both, but always beware the wolf in sheep’s clothing” as there are plenty out there:)

Hope this helps and remember we do not get paid for knowledge,
but for doing so take action today.

Why Sometimes Returning To The Basics Is The Best Way Forward

Having been online for a number of years now I am continually surprised how confusing the internet has become. Even for seasoned marketers who have extreme discipline it's hard not to go chasing the next new trend or getting caught up in the infinite barrage of product launches.

Recently I have stopped all marketing and business efforts to take stock of the best way forward. In the past I have been involved in network marketing, retailing both offline and online through e-commerce platforms along with affiliate promotions and selling services such as web design and consultancy.

With all the options out there, only a few being mentioned above it can be very hard to choose your poison, so to speak as you don't want to devote all your time and effort into something, only to find it's not the best use of your time and energy.

I know one thing that is a 100% confident to be your best use of your time online and in the offline world also. It is building your list of like-minded people who are interested in the particular area of expertise and that you can connect with and help out.

The success of any endeavour or business is directly proportionate to the amount of people you can help and provide quality service to them. Having followed some on the best marketers and successful people for years their best method of delivery is still through email.

It doesn't matter if it's a text version, newsletter or link to their Youtube channel. Along with that most of the items we buy have been delivered to us through email, sure there's a lot of spam and BS but so has the local newspaper or TV channels for that matter.

So if I was to advise anyone to start doing anything to do with your business or idea or marketing online the first and most important place to start with would be beginning with building your list of people to connect within your chosen area.

Aim to add value in everything you do and don't ever be the person recommending a new product every day as it just does not work like that. So decide today to focus on where it matters, you will come full circle and end up doing it at the end, that is another certainty, be it in the months, years ahead as all great businesses and successful projects firmly establish building a relationship as part of their service,so you may as well start off on the right footing towards your success.

Hope this helps

kind regards
Simon