What is the easiest online money making system for a beginner? As a total beginner, you really need to find a strategy which is mostly done for you. One such strategy is to use a ready made sales funnel, with a range of products already set up and ready to go.
Even with such as strategy, you still have to learn marketing and send targeted visitors into your sales funnel. A done for you affiliate marketing system will take a lot of the difficulties out of it though. So what is a “done for you” system and what actually is done and what isn’t? Before we go into that, let’s look at affiliate marketing.
Easiest Online Money Making System For A Beginner – Affiliate Marketing
Affiliate marketing is perhaps the easiest online money making system for a beginner. Although there are many ways to do affiliate marketing; so it’s not quite as simple as that. For example, anyone can join Amazon’s affiliate partner program, and go about promoting products from the site. However, it definitely isn’t easy to sell products from Amazon.
Most of the products on Amazon will only pay you from between 3% and 11% commission as an affiliate marketer. This severely limits your options for marketing those products. With low value physical products you are limited to only using low cost marketing strategies which can limit your ability to generate traffic.
Organic traffic is tough to generate too. And as a complete beginner, it’s a long road to learn what strategies will work and which won’t. I definitely wouldn’t say that generating traffic organically falls into the category of Easiest online money making system for a beginner. Quite the opposite in fact. It’s probably one of the most difficult things to be successful at.
Easiest Online Money Making System -Affiliate Marketing
Affiliate marketing is the business model which lets anyone make sales over the internet. By promoting other people’s products and services, you can make commissions based on what you sell. You don’t need any products of your own either. So your only concern is generating sales through your affiliate links. Depending on the products you sell, you can use a number of different strategies to generate sales.
Some affiliate marketers create content (like this article), and others run paid marketing strategies. Some do a combination of both. YouTube is also a big pull for affiliate marketers who can generate lots of traffic by regularly posting videos and linking their followers to products and services which they would be interested in.
But, even though affiliate marketing lets anyone earn from the internet, most fail and give up. Less than 10% of people who start out online as affiliates actually make it their full time income. It’s more like 3% who actually succeed with an online business which becomes profitable.
An Online Business Model Which Is Scalable
So why is this? Why don’t more people succeed online? One reason is perhaps the ease of access with affiliate marketing. Anyone can join a course and call themselves an affiliate marketer. It’s far cheaper and more accessible than most physical businesses. A “bricks and mortar” business costs far more to start up. Plus, a physical business takes a lot more commitment. Most business startups know this. But a lot of affiliates don’t. So they try, and then give up when it gets tough or doesn’t work straight away.
One of the best things about an online business is the ability to scale up to a global audience. Without a scalable strategy, you’ll have your work cut out as an affiliate though. A lot of work can go nowhere if you’re unable to gain any traction. Free marketing strategies fall into this category. And since most affiliates start out because they don’t have a lot of capital, this can be one of the main reasons for a high drop out rate.
With a paid marketing strategy, you can scale up your business much more easily and quickly. With free marketing, it’s a much longer road to success. So the easiest online money making system for a beginner will involve paid marketing as a marketing strategy. You can still use free marketing, but it’s most definitely not the “easiest” way to build a profitable online business.
A Scalable Strategy Requires Larger Value Items And Recurring Commission Products
With low value items like you’d find on Amazon, it’s very difficult to use paid marketing. You would easily lose money attempting to run paid adverts to send people to low value items on Amazon. You need a different business model in order to recoup your advertising spend.
If you use high value items and recurring commission affiliate programs, you’re much more able to recoup your advertising spend and make a profit.
Ideally, use a high ticket sales funnel which offers multiple payment strategies such as:
- High value digital products – High value because you can earn more per sale and digital because you can earn a larger percentage of the sale price. Digital products pay much larger commissions (up to 50%), compared to 3-11% for physical products.
- Recurring commission products are things such as memberships and software products. They pay you ongoing commissions from each sale.
- Multi-tier sales give the option of earning from sales made by your referrals. This means if you build a large team of referrals, you can earn commissions based on their business sales.
- A range of products. Most affiliate products only pay you once. If you choose instead to sell a range of products, you can benefit from long term customers who can purchase products much later on. If you have referred them, you’ll earn commissions from sales made to them even years later.
With a business model like this, you can set up your sales funnel and run paid adverts, sending people to a variety of products and services which can help them the most.
What Do You Do With A Business Like This?
Once you set up a sales system, in a business like this, your main job is advertising. This is the main skill of an affiliate marketer. Most affiliates run a few adverts which don’t work and so they quit. This is a big mistake because once you find a profitable strategy to market your sales funnel, you can simply increase your daily budget to make more sales. Over time, when you get this right, you will have a business that runs on autopilot.
Getting to this stage require some time and effort however. You can join an online community and learn how this can be done on this website. Simply sign up for the free on-demand video series to learn more.
How Easy Is Marketing?
It takes time and effort to learn how to market a sales funnel. Even if you have a ready to go sales system and business set up with a range of digital products which you can earn from. However, if you are serious about building an online business, you can learn from an online community which will dramatically reduce the difficulty of building a profitable online business.
Most of an affiliates marketers efforts will fail! That sounds pretty dismal but it’s not plain sailing! Initially as a marketer you should expect to have some failures. But if you have the mindset of learning from every failure, you’ll keep going long enough to succeed. Marketing isn’t easy and there’s no magic formula. Even with a largely done for you sales system, you’ve got to put in the hours in order to generate sales.
Access an online community and a ready made sales funnel and business system to get started here.