Im sure many people have heard the buzz going around about the potential to make a full time income from home with an online business. From experience, it is not as simple as just building a site or setting up shop on ebay. While I have experience in affiliate marketing and drop shipping products on ebay, freelance writing for different companies seems like the easiest path towards making money online.
Freelance Writing
Although freelance writing is a good opportunity to make money online, you still work for somebody and your content must meet the criteria of what they want. If you do not have knowledge in certain subjects, you might have to study up on a subject before presenting or publishing articles.
Freelance writers may work for many different clients, often at one time. The writing may be for a different person every day of the year, or for established clients who partner with one freelance writer for ongoing work. These partnerships may last for years, or even decades. The writer most typically works at a home office and can pick and choose their own schedule, at any time of day or night, as long as they meet their client’s deadline.
Social Media Marketing
Drop Shipping
Instead of purchasing a large amount of inventory, you simply partner with a drop shipping supplier and list their merchandise for sale. Then, once you receive an order you forward it to the supplier for fulfillment. The supplier will ship the product directly from their warehouse to your customer, and charge you only for the price of the shipped item.
Dropshipping doesn’t carry inventory nor does it ship goods which makes it a low risk. If your vendors are reliable and send products that are in good condition, it can be a very rewarding venture.
If you are asking yourself if you can make money dropshipping, the simple answer is yes. Another benefit of having a drop ship business is that your funds become available each week. If you consider starting a drop shipping business, I would recommend signing up for Salehoo.
Salehoo Review – What is Salehoo?
Salehoo is a wholesale supplier directory service that connects dropshippers to suppliers. Dropshippers use Salehoo to connect with suppliers, manufacturers and liquidators to get access to products at wholesale prices to then market to potential customers on platforms such as eBay, Amazon or Etsy to turn a profit.
- Great customer service – When it comes to customer service, Salehoo delivers it well. It has an A+ rating on Better Business Bureau. It’s obvious that this established brand, since 2005, knows how to treat its customers. Customers of all price plans have access to phone and email support, though this is standard across most companies. Generally, people who use this service feel that customer service is fair. Customers don’t struggle to cancel subscriptions making this a legit company.
- Has top brands as products – Another great thing about Salehoo is that it has access to over 1.6 brand name products. You can sell products from top brands like Disney, Victoria’s Secret, Sony and more.
Affiliate Marketing
As the topic of discussion is on how to make money online, affiliate marketing may take some time, but it is the most rewarding.
Affiliate marketing is when you refer a customer to another business and make a commission if the customer purchase a product. In effect, your website is set up as a marketing and referral engine and you don’t actually sell any product.
In addition, you don’t directly collect any money either. Once a sale has been made, the affiliate business is responsible for paying you your commission which usually occurs on a monthly basis.
How does the affiliate business know who referred the customer? A tracking cookie is placed on the customer’s computer whenever they click on a link on your site that takes you to their business.
If the customer makes a purchase and has the cookie installed on their computer, then you get credit for the sale.
The main advantage of affiliate marketing is the hands off approach in the sales process. All you have to do is refer a customer to a business and the customer makes a purchase, your job is done.
No worries whatsoever about product fulfillment and customer support opposed to dropshipping. You get paid your commission and that’s it.
Affiliate marketing allows you to build as many individual niche sites as you wish which allows you to be diverse in the products you may want to sell. It is also easier to gain trust on a blog opposed to a storefront that may be selling different items.
If a new technology, a new niche, a new branch of content comes along you can quickly build a new site with affiliate marketing to take advantage of it. If you are interested in affiliate marketing: Click Here for a review of my number 1 recommedation.
While options to making money online is not just limited to these options detailed in the article, these are the best options if you are interested in making a full time income online.
I definitely have a love/hate relationship with affiliate marketing. I love that I can write whatever I want and truly put my opinion out there. I hate that it takes so long to build up an audience.
I understand your pain, but once the audience is there you will look back and be happy with what you have accomplished as you will be making money while your sleeping.
I’ve tried dropshipping in the past and used alibaba mostly. I wasn’t aware of salehoo. I’ll check them out for sure.
Yea I signed up for Salehoo. I did not like alibaba as shipping from China takes days to get here.
This was a great post. I enjoyed reading the different ways of making fast money. I’m currently in affiliate marketing and loving it as well.
I do have a question. How do you like drop shipping? I was thinking about adding that to my arsenal.
Drop shipping was fun and you can see the potential in making fast money immediately, but you must invest heavily in order to get wholesale prices for products people are constantly buying and from researching the best option when getting started is by selling items you already posses.
This topic is very vital and necessary for anyone who wish to make money very fast within a stipulated time and i am not sure theres anybody that wouldn’t want that. This topic explain in details how making money is done, just carefully go through the topic in details and take immediate action as they say time wait for no one.
Thanks for the article.
The ultimate goal is to have a successful site and dropshipping business. As an internet marketer, you must look at all avenues in regards to earning an income to maximize financial success.