What is the BEST way to earn money online?
I don’t know about you, but these days my emails and Facebook timeline seem to be getting more and more filled up with make money online schemes.
It also seems to me that many are obviously scams… as they try and lure you into there systems with promises of quick riches and easy money with little effort.
One thing I have discovered along my own road to financial freedom, is that there is no such thing as a free lunch, and to be successful at anything in life takes some hard work and perseverance… and that includes making money online!
Why make money online?
So why make money online in the first place?
When I first started on my own road to financial freedom, I started to invest in property, and I was sure that this was my way to becoming a millionaire.
Now while I still believe in property investment as a great way to create wealth, it is a long-term strategy, and once I had bought a few properties, I soon discovered that I was mortgaged up to the hilt, I was tied down to a job that I didn’t really like for at least the next decade, and cash flow was becoming a huge issue.
So then I started to investigate ways to increase my cash flow. I looked at share trading, domain trading and property options, but nothing really felt right.
It was then that I turned my attention to the power of the Internet and on making money online.
Some of the advantages of the Internet are:
- Low start up and ongoing costs
- The ability to create huge cash flow
- Having the ability to create residual and passive income
- Work doing something that you love
- Work when you want and where you want
- Tapping into the massive reach of the Internet all around the world
So what are some of the ways to earn money online?
There are many ways to earn money online, but as I said before there are a huge amount of scams out there that you need to stay away from.
If there are claims of quick riches or automated systems that require little effort with just a few clicks of a mouse in five minutes a day, then you need to be very wary!
If it sounds too good to be true, then it probably is!
That being said, here are four of the most common ways that you can actually make money online legitimately.
- Surveys or contests – Entering surveys or contests can be a quick way to earn some money online. The downside is they can take up a fair bit of your time for very little reward.
- Sell Physical products – You can sell either your own, or other peoples physical products through a system like drop shipping… where once an order comes in, a message is sent to your supplier automatically, who then sends out the product to your customer. You can also send out your own physical products and store all of the inventory in your garage – Not something that I would recommend though! Selling physical products through a company like Amazon could be a good way to go, although their commissions are fairly low.
- Domain flipping – You can buy and sell domain names, and if you can get a good one, they can be sold at some very high prices. I did look into this and took an online course on the subject. But again I found it a lot of work for little reward. The really profitable domain names are extremely hard to get hold of.
- Selling your own digital products – Once you gain more experience online, selling your own digital products can be highly lucrative and a good way to go. Creating and selling things such as eBooks, online courses and membership sites are a great way to create residual income and financial freedom.
There are many other ways to earn money online, but what is the BEST way?
The BEST way to earn money online!
The absolute best way to start earning money online, and what I have based my online business around, is affiliate marketing.
Essentially affiliate marketing is selling other peoples products, and when a sale is made, you earn a commission.
Wikipedia explains affiliate marketing as a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
Basically the customer searches for something they want on google, which leads them to your website, they then buy something that you recommend to them, and you make a commission.
Now while I say that affiliate marketing is the best and quickest way to earn money online, it is definitely NOT a get rich quick scheme.
To be successful long-term will require you to learn the skills and put in some hard work, at least initially, until it can be automated and you build up your passive and residual income stream.
I like to say that you can spend a few years NOW doing what most people won’t, to get what most people DON’T!
It is also sad to think that people believe it is okay to spend 40 years in a job you hate to end up broke, but won’t spend 3-5 years learning the skills to get rich!
How do I learn how to do affiliate marketing?
To be successful at affiliate marketing you need to do four things:
- Choose an Interest
- Build a website
- Get rankings and visitors
- Earn revenue
To succeed at this you need the right tools, training and support!
This is where the community at Wealthy Affiliate can help you out.
Wealthy Affiliate is who I learned how to build my own successful online affiliate marketing business with.
Wealthy Affiliate is the #1 affiliate marketing community online today, and is where you can learn all aspects of building your own successful affiliate marketing business.
Currently Wealthy Affiliate are offering a FREE 10 lesson online entrepreneur getting started course, where they will run you through the process step-by-step of building your own website and setting it up for success.. AND MAKING MONEY!
You will also get two free websites and access to a community of successful Internet and affiliate marketers… as well as my own expert help!
To access this truly world-class training click the link below!
If you have any questions or comments, feel free to leave them in the comments section below.
To your success online,
John W. Newman
Dream It, Believe It, Then Achieve It!
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MAKING MONEY ONLINE ISN’T MAGIC… LEARN THE SKILLS ==>>
Wealthy Affiliate really seems like a genuine way to make money online. I’ve never trusted any Get Rich Quick schemes.
WA offers that 7-day free trial and also gives an objective view, a realistic one, on making money online. And that is, the success we’ll have is proportional with the time and effort we put into it.
I couldn’t agree more with your sentiment about Wealthy Affiliate Aless, it really is a legitimate community that will help you build a successful business online, that will stand the test of time!
One thing that you mention is the 7 day trial, and a lot of people misconstrue this.
When you join WA you get 7 days to upgrade to premium at a discounted rate as well as greater access to community support.
BUT you can actually stay a FREE starter member for as long as you like and continue building your business with access to two free websites.
You can still upgrade at a later date if you wish OR remain a free member forever!
With that being said, going “premium” is MORE than worth the money in my opinion.
There is a heap more training, tools and support!
I upgraded to premo in about 3 days after I saw what a golden opportunity WA was, and I have been a member there since 2013!
I always encourage people to sign up for the free membership first and try it all out!
Thanks for your feedback 🙂
Really cool read – had me gripped from start to finish ( and I believe it will work that way for most visitors looking to earn online! ). I have been working online for over seven years now and have centered on the last option you cover here – internet marketing ( or affiliate marketing! ). I fully agree with your thoughts on the subject!
Awesome Chris!
Really glad you liked the article and that you believe that people will get something out of it!
Coming from someone with your experience online, your recommendation of Affiliate marketing carries a great deal of weight!
Thanks for your comment and feedback 🙂
Hi John,
I have just started to do affiliate marketing a little less than two years ago. After comparing it to other online business model such as drop shipping or a personal online store, I still find it the easiest to start with. Very flexible business model and doesn’t require any paper work to set up a site.
Although not all commissions are lucrative, there are just tonnes of niches and affiliate programs that you can get involved with to leverage your earnings.
Thanks for your feedback and sharing your experience with affiliate marketing Cathy!
I agree with you about having the ability to leverage your earnings over time!
Once you learn how to do affiliate marketing the right way and start getting your pages ranked on google, the sky really is the limit!
John,
You have simplified for anyone the best way to make money online. Many people are really struggling out there to earn a living for themselves and loved ones. I am happy that I have found this valuable information that will definitely change the lives of many people in a positive way all over the world.
I have been blessed to find wealthy affiliate and is still learning the skills. It is truly a world class community where absolutely anyone with the desire will become successful. Thank you for sharing this John.
Best,
Jason.
Thanks for your comment and feedback Jason 🙂
I agree that Wealthy Affiliate is an outstanding platform for learning the skills of affiliate marketing and building an online business!
I am sure if you keep following their training you will have success over time!
Best of luck 🙂
Hi John,
Great post and thanks for putting the various pieces together. From my perspective as a guy who’s imported and sold online and done affiliate marketing, I would say that affiliate marketing is the best way to earn money online.
The reason why I think that this is the best way for most people to start is because of the low cost startup costs. Most businesses take 10’s of 1000’s of dollars to get rolling. Affiliate marketing takes some education/training and hard work, but very little investment.
Any online or offline business is going to take a good amount of work, so you might as well minimize your risk with low cost startups like affiliate based websites.
What is the best way to earn money online, affiliate marketing hands down.
Thanks for sharing your insight John,
Todd
Thanks for your comment Todd and I totally agree!
Affiliate marketing is the best way to get started online, as you can start with no product of your own and it is low cost.
But as you suggest it is no get rich quick scheme. You need to learn the skills and put in the time and effort, but it is SO worth it!
Thanks again 🙂
Hi John,
What a great, in-depth and thorough article about earning money online you have for us here.
I liked you pointing out the obvious scams there are and that making money online online is not something magical that happens overnight.
It takes time and a lot of hard work.
And, yeah, thanks for showing us the different business models we can choose to go for online.
Best of luck,
Louie
Thanks for your feedback Louie!
Glad you liked it and found it of value 🙂
Hi John, really enjoyed your post and site 🙂 it’s very true to earn a income online is to start as an affiliate marketer. Once you become successful you can look at other avenues like designing your own membership website or online course as you say! 🙂
The only way to succeed is to work hard and the rewards will come 🙂
Kind regards
Kevin 🙂
Totally agree Kevin!
Yes it does take some hard work, but the great thing about an online business is that you can work at something you love and the rewards are endless!
Thanks for your feedback!
Like you, I feel affiliate marketing is the best way to make money online. With little down, you will be able to see much potential in your own online business. I fully agree with you as well on Wealthy Affiliate because that is the place that got me started. Great advice! Thanks!
Cheers!
Jack (BareNakedScam)
Thanks for sharing your experience about Wealthy Affiliate Jack 🙂
I totally agree that they are the best place to start learning all about affiliate marketing and online business!
SWEET!
This is exactly the article I was searching for through Google. I have been looking for the best way to make money online for quite some time now, and after sifting through all the garbage and online scams, I eventually found what I was searching for here 😀
You have certainly hit the nail on the head by helping people to understand why it’s important to make money on the net, and I agree with your statements, John!
I have heard that Affiliate Marketing is an Awesome way to make money, but I never realized it was the best, so Thanks for clearing this up for me.
I didn’t actually realize that there were only 4 basic steps to starting up an online affiliate marketing biz, and the 10 free lessons with Wealthy Affiliate definitely sound like a huge benefit to me 😀
Thanks!
Neil
Thanks for your feedback Neil and I am glad that I could help you out!:-)
You won’t go wrong with Wealthy Affiliate if you just follow the process and put in a bit of effort!
I am sure you will be killing it in no time! 🙂
This is a good article the really breaks down the reality of making money online. The scams are very enticing – but you really won’t make anything doing that. I agree the Wealthy Affiliate is a great program to use in order to start a business. Do you have any specific advice for someone who is thinking about starting an online business?
Thanks for your comment Jeff!
I believe that anyone wanting to start an online business or is looking for ways to make money online should start with Wealthy Affiliate.
They are the absolute best starting point to learn the ropes the right way… that will lead to long-term success!
Plus you can start for FREE!
My advice is to just follow their training step-by-step as outlined! You won’t go wrong with Wealthy Affiliate!
Thanks again! 🙂