Best Way To Make Money Online
June 10, 2010 by
Filed under General Internet Marketing
What if I told you the best way to make money online is to take action today, so that tomorrow will be different for you?
Would you believe me, odds are that statement is to broad, and I probably need to be more specific right?
Ok, lets try it again! What if I told you that the best way to make money online is to take action in the right direction!
We are getting somewhere!
Let me be crystal clear now, and allow me the next 5 minutes of your time to explain how making money online is not something to be afraid of at all. You have nothing to lose!
Ok, first I need to get you caught up, this will help me explain what it is that I do with my time every single day that helps me earn my entire income(:
First of all, you must understand a small amount about buisiness! Whether you think you already do or not, follow along so I can point out the more important aspects of business that you will need to know to make money online. Now, usually every single transaction means a lot of different things have to take place correct? Yes! By the time you make a purchase as a customer, the merchant or vendor as we call it has already taken the time to get that product to you so that you could purchase it. That is what I will refer to as a “tangible sale”. (Tangible meaning something that is physical, and you can touch it) This is a transaction that you will often times run across when you enter a local store.
What happens when you buy something online?
Now, when you buy something online, the merchant or the vendor needs a little more help to make those transactions happen. So this is going to be a little different then what you are used to seeing when you are in a store buying a tangible item. I personally sell mostly what are called online as “digital items” or “downloadable items”. (In fact, if you have ever purchased a program that has helped you with your iTunes, odds are, I made money on that transaction!) Now, does this mean that I personally own iTunes, or the iTunes cleanup programs? NOPE! I actually do have several products of my own, but I am only an affiliate of these other downloadable programs.
So what is an affiliate exactly?
I am glad I asked(: haha
An affiliate is a person that will help the merchant or vendor make a transaction happen! What does this mean? Well, to be very basic, many times as a merchant or a vender (meaning the supplier of a product) they will allow a certain percentage of the products profit go to the affiliate for helping make the sale!
Example:
I own a downloadable program that will solve a problem.
An affiliate knows how to find people many people with that particular problem!
The vendor agrees to pay the affiliate half of the $30.00 cost of the program for every program sold by the affiliate!
This means that the vendor, and the affiliate split the $30.00. The affiliate will get $15.00, the vendor will get $15.00.
Now, why would anyone do this? It is actually very simple! Vendors-merchants need help selling their products online. They see any sales made by the affiliate as a sale that would have otherwise not have happened! So they are very happy to earn an extra $15.00 per sale! Just like the vendor sees it this way, so does the affiliate, the affiliate says to himself/herself that they had no product to sell otherwise, and is grateful to earn the 50% commission for his/her troubles(:
What I just explained to you, is exactly what I do with my time every single day! Would you like to know a secret? I make a lot of money doing this, and there is no limit to the amount of sales you can make every single day, or how much money you are allowed to make!
I learned how to do this only 8 months ago, and I have been doing it full time ever since then, and so can you!
Please post any questions you may have!
Pete- (The Review Junkies of DontBuyThatYet.com)
Learn how to do what I do here- The Best Way To Make Money Online
