I am writing this article on Monday, March 16th 2020 while the Coronavirus Pandemic is becoming rampant. The US where I am living, is one of the last countries to take it seriously. We are all advised to stay at home except for necessary tasks such as grocery shopping. Businesses are being encouraged to set up telecommuting methods for their staff to work from home where possible.
Many businesses will not be able to do this. Their employees will be sent home and asked to use up their holiday and sick leave in order to get paid. What happens when this runs out? Will they be able to draw on unemployment benefits?
How will families survive the shortage in income that is bound to occur? There is one solution. Most homes have at least one computer these days. The chances are each parent and the kids have their own. Why not use them to earn money?
In this article I am going to show you how to make money online using a computer. But first, let’s explore the benefits of having your own online business regardless of the situation. Even if you have a regular job.
Benefits Of Setting Up A Home Based Business
Have you ever thought about having your own home based business? There are many options. You probably think that just like a bricks and mortar business it will require a great deal of investment. Followed by the amount of time it will take to learn how to create it, run it and work it to provide you with a regular income.
Rest assured, you can create your own online business with little or no investment. I will show you how. There is one step you cannot get around.
You will have to work hard at it and be patient before you will reap the rewards. But once you do, the income of this business is passive. It will take you far less time to maintain this business compared to your day job.
Would you like to see a list of benefits? I hope you do. See if you can add more benefits in the following list.
- You are your own boss
- Yet you have only one employee. Yourself!
- You decide what you want to earn
- You decide when you will work
- You have more free time to spend with your family
- You can spend time doing the things you love
- You can work on your business anywhere you have Internet Connection
- You can be earning money 24/7 even when you are sleeping
- Your business is an asset that you can sell for a lot of money
- Or you can leave your business as a legacy for your children
What do you think? Do you have any other benefits you can add? Notice I have not listed traveling because this can be part of list 6, doing something you love
However, while the Coronavirus is in full force, that is not an option. If you had to pick just one of these benefits as your favorite what would that be? Please tell me in the comments section and why. I would love to hear about it.
The Best Online Business In The World
Do you know that there are thousands of individuals who are earning five and six figures a month in US$ with this business? Of course that didn’t happen overnight. They worked at it hard and smart. And over time it started generating an income that kept on growing. They scaled that up. And that is how a few years later they could enjoy a lifestyle that others can only dream of.
Try doing that with a regular job. Don’t get me wrong. I am not denigrating conventional employment. Most of us started out in our working lives that way. And if it is working fine for you, and you are happy, do not change.
Let me be clear about one thing. This is NOT a conventional job. You are not exchanging your hours for dollars. Instead, you will be spending time building an asset that in time will pay you over and over again without having to do much more again,
It is your website that I am referring to. You will be spending a LOT of time in front of your computer doing a variety of tasks.
Your success will depend on your own efforts. As it should be with any kind of business. There is one big difference compared to a bricks and mortar store, You have no risk. How cool is that?
So what is it?
This business is called AFFILIATE MARKETING.
What Is Affiliate Marketing?
It is a process where you market products and services of others and they pay you a commission for sales you generate for them.
This is accomplished by attracting visitors to your website who are searching for the product or service you are promoting. Once they land on your website, they are helped to make a buying decision through your content. You place affiliate links to the vendor’s website where the purchase is actually made. The vendor will then pay you a commission.
I wrote several posts about Affiliate Marketing. Let me direct you to one of them to learn more:
In this article you will learn the key elements of an Affiliate Marketing business and what you need to do to set it up. One of the physical tools you will need is a computer and associated peripherals. Let’s talk about the capabilities of the computer that will best meet the needs of affiliate marketing
Your first decision will be to select a desktop or a laptop. I strongly recommend a laptop. You can easily connect this to an external monitor, keyboard and mouse to make it feel like a desktop computer. Since it is a laptop, you can take it anywhere with you. When you have an online business like affiliate marketing, portability is important.
If you do most of your work in your office and only occasionally work elsewhere, your mobile phone or tablet will work just fine. In fact, even if you use a laptop, your mobile device will be very helpful to conduct your business when you are away from your office.
May I suggest another thing you should take into account. Since having a computer that runs well without the minimum chances of external threats, dedicating one computer for your business only can be critical when your business takes off. Keep this in mind for the future.
To choose the optimum equipment reviewing how you will be using your computer will be useful.
10 Uses Of The Computer
- Creating Your Website
- Conducting research
- Creating Content
- Creating Graphics Used In Your Content
- Editing Photos Used In Your Content
- Uploading Videos To Your Content
- Create A Video Channel Such As YouTube (Comes later)
- Creating Videos For Your Content and Video Channel (Comes later)
- Promoting Your Business On Social Media
- Filing Materials For Your Business
Choice of Computer
When you are starting your affiliate marketing business you won’t need as much processing power as later. If the money you have is limited, you do not have to spend a lot to get a decent computer. For a little over $200 may I suggest something like an ASUS L402WA? You can go to Amazon to review the computer and buy one using this link: ASUS L402WA This model comes with a 14″ LCD screen, 4GB of RAM and 64GB eMMC Drive. More memory can be added using an external micro SD card.
If you prefer more storage, ASUS offers a laptop with a 500GB hard drive. The trade off is slower computer start up. The solid state drive starts up in a couple of seconds. The hard drive takes over 10 seconds. You can find this on Amazon via this link: ASUS X441BA
For a bit more you can get more features and a 15.6″ LCD screen, for around $240. This is the used price. The new model costs over $300. However, you get a much more full featured laptop compared to the Asus models above. You can read the specs and make a purchase via this Amazon link: Lenovo Ideapad 15.6″
You can also get smaller laptops with 11.6″ screens. I suggest sticking with the 14″ screen size as a minimum for your affiliate marketing business.
One way you can create a desktop mode of operation is to attach a keyboard, and large LCD monitor to your computer and control it using a Bluetooth wireless mouse. While you are at Amazon you can research for items like these that fit your budget.
When your affiliate marketing business picks up in income, you may wish to consider upgrading to a faster, more powerful computer in the $1000+ range.
Fundamentals For Affiliate Marketing
Much of what you will be doing is addressed using the computer has been addressed in the 10 Uses Of The Computer section above.
Since I cover the business if affiliate marketing in detail in many articles within my website, I will only provide an overview of the fundamentals of a successful affiliate marketing business. I’ll use a list to highlight these fundamentals:
- You must draw on a topic you are passionate about.
- Distill from this a narrow niche that features products.
- Start off by making a short list of these products.
- Conduct online research on these products from various manufacturers
- Find companies who carry these products that offer an affiliate marketing program. Think AMAZON.
- Write reviews on one product per blog post and add the affiliate links to them that you get from the vendor’s website.
- Use Keyword Research for the titles to help your reviews rank high in the search engines
- Use Search Engine Optimization (SEO)Techniques to help drive traffic to your website posts.
- Continue to hone your writing skills and the use of Keywords and SEO.
- Keep writing content covering reviews, comparisons, products you recommend as well as those you don’t.
You may have questions about some of the items above. Maybe all. Don’t worry. I am going to show you the pathway to acquire the skills you need to excel in this business.
You know that the following companies have become powerhouses as follows:
Amazon – Online Retail
Apple – Technology Hardware
Facebook – Connecting people together socially and in business
Google – Search Technology
Netflix – Online Entertainment
Together these are known as the FAANG companies, Of course you can also add Microsoft into this mix. I would like to tell you about another powerhouse that is growing rapidly. Unlike the above, this company is Private and not listed on the stock market. Here’s what it does:
It’s the one company that provides the online entrepreneur everything they need to create an online business. Such as:
- Domain Name Sales and Registration
- Website Builder
- Website Hosting that is extremely fast, with backup up to 10 Personal Domains
- Security Package
- Server Class Amazon c4 (dual servers)
- 24/7/365 Website Technical Support
- Tools critical for an affiliate marketer to build, develop and track their business
- Private Coaching
- Network With Experts
These are some of the benefits this company provides. There are many companies who provide courses and training. None provide the high level of mentoring and access to experts to help you resolve issues you may face in your business.
There is another first in this online world. With this one company you have a one stop shop for everything you need to create and run a successful online business using your computer.
They have been in business for over 15 years. Currently the company has over 2 million members. Every member has access to the two co-founders Kyle and Carson.
The company is called Wealthy Affiliate. I wrote a review about it called: Wealthy Affiliate – Is It Legit? I have also written a more detailed article where I pull the curtains apart to show you a sneak peek at the inner workings of Wealthy Affiliate.
I would rather you read these articles to help you make an informed decision if Wealtny Affiliate is a company you would like to help you develop and launch your online business. However, if you want to get inside the company’s platform and see the details for yourself, you can do that too by signing up as a Starter Member for Free.
You can do that by clicking the banner below:
With the situation we are finding ourselves in the world today, there is no better time to go into business for yourself online. You may have read the following heading from CNN Business News:
Amazon hiring 100,000 new distribution workers to keep up with online shopping surge caused by coronavirus
Wouldn’t you like to learn how to build your own website that sends customers to Amazon and earn commissions from them? There are thousands of other companies who sell products online who have affiliate marketing programs. Like:
So go on. Click the banner above and see what awaits you at Wealthy Affiliate. If you like what you see, you can upgrade to Premium Membership for only $49 a month. This subscription includes EVERYTHING I have listed above and much more.
Please let me know what your thoughts are about this topic and especially about this article in the comments section below.
If you join Wealthy Affiliate I promise to be there for you to mentor you to success.
Your friend and future mentor.
This website has affiliate links. When purchases are made through an affiliate link I will receive a small commission. The cost to you will be no different if you went directly to the vendors website. I appreciate your business.