How To Supplement My Income From Home?

How often have you asked yourself the question, How to supplement my income from home? How much additional income do you need? I am going to share with you a system where people with no prior skills were able to create a website that in time, typically one to two years, earned them enough income for them to quit their jobs! Here are recent quotes from a few of them;:

“$4.7K for the month of December and Setting My New Goals for 2019” – Debs

“My Second Goal Reached! $2,000 for the Month!” – Grant

“3 Dollars Short of $8K – My First Progress Report” – Ralph

“2 Successful Months & Income At WA & Counting” – Shelly

“Email Contact Marketing – $714 for 10 min “work”” – John

These are all recent success stories from our members. They happen daily. And some have not been members for long.

Wouldn’t you like to do that?

Let’s review what is going on in our country.

Although we have the lowest unemployment rate in decades, part-time, low paying jobs have replaced full time jobs with decent incomes. More families are struggling than ever before.

In addition to low pay, health insurance is skyrocketing. Since more companies’ only hire part-time employees, the days of company paid health care are disappearing. This puts added burdens on families as well as single people.

Many individuals compensate for this situation by taking on a second part-time job. Working 12 hours a day on multiple jobs is not unusual.

Second Job

If you need to supplement your income, I strongly advise against getting a second job. Rather, I highly recommend developing an online business that you can work part-time. The business I am about to share with you has the potential of not only replacing your current income, but also surpassing it by a large margin. It also has the potential of earning you passive income. Let me explain.

When you work really hard to build an asset, you do not earn anything at the beginning. Once this asset is completed and running successfully, it generates a regular income, and requires very little maintenance. I like to use the analogy of writing a book.

The Writing A Book Analogy

While writing a book do you think the author gets paid?

Of course not. In fact, there are no guarantees that the book will be successful and get sales. However, the author has tremendous faith in their abilities and doesn’t question the process. They do it because they have something important to share.

Sales only occur after the book is completed, edited and published. At that point, the main activity is to promote the book. Promotion can take many forms. Some of them are book signings, interviews on various forms of media, book tours etc. Once people purchase the book and like it, they share this with their friends. Little by little sales grows and builds momentum.

If the book creates significant enjoyment for its readers, guess what happens. It creates a growing stream of income for the author. At that point very little effort, if anything at all is needed to get paid. This is what is known as PASSIVE INCOME. Another term is RESIDUAL INCOME.

Phases of A Money Making Website

Creating any website intended to generate income, goes through a similar process. There is a creation phase. An editing phase. Finally a publishing phase. In each of these phases, skill is necessary to write the blog articles and utilize Search Engine Optimization to give the website best opportunity to be ranked high in response to a person’s query in their web browser. Learning how to do this well is worth it.

All it takes is a few hours a day. You control your progress and end results. Your actions must match what you expect to earn.

If you decide this is for you, I invite you to join the most successful online business building schools in the world. Thousands of individuals with no internet skills have been trained to create successful online businesses. More about this later.

Resources You Will Need

You will need an inexpensive computer. A good used computer no more than three years old for under $200 will be just fine. Since this is an online business, you will also need a reliable internet connection, preferably with WiFi.

Your own website. Don’t worry about this now. I will be going into the website details later.

If you have these resources, can you spend at least two hours a day building your online business? I will also provide details on this process later.

Business Model Explained Simply

The business model is very simple. You refer potential customers to companies that have online stores like Amazon, Walmart and Office Depot, and thousands of others through your website. When the customer makes a purchase, the company pays you a commission.

They track your sale using a unique link given to you when you sign up. You use this link strategically on your website. When potential customers click that link, they get transferred to the companies’ website.

It costs the customer the same price no matter if they went to the company’s website directly, or through an affiliate site, like the one you will be creating.

People have built websites that provide a full time income working part-time. This business model is known as Affiliate Marketing. It is closely related to any online business. Except, you sign up as an affiliate with a company and send customers to their online store.

Why Affiliate Marketing?

1. Little or no start up costs
2. Little or no overhead
3. No inventory required
4. You don’t need employees
5. Totally online based
6. Short learning curve
7. It is possible to start earning an income in a few months
8. Access to expert advice when needed, for free
9. Easily scalable
10. Option to provide residual income

On top of that, I can show you a well proven process to find eager customers using your website.

How does that sound to you so far? Let’s dig deeper into the process.

The Process, Step by Step

Here are the steps necessary to build your Affiliate Marketing Business:

1. Find a niche that you are passionate about.
2. Make sure that your niche can solve a problem or meet an urgent need.
3. Look out for businesses that have an Affiliate Marketing Program in Place.
4. Fill in and submit an affiliate application. Start with one.
5. Assume your application will be accepted and you will receive an affiliate link.
6. Create your own business website and use this link strategically.
7. Provide your visitors with an excellent user experience.
8. Do whatever it takes to attract a growing army of visitors.
9. Reinvest some of your commissions to scale up your business, when you start earning money.

An Online Storefront vs. An Affiliate Marketing Website

Online Storefront

I like to use the Amazon website as the Online Storefront analogy. I am sure if you have done any kind of online shopping you must be familiar with Amazon. It consists of page after page of products shown in pictures, along with brief description of the features and accompanied by a price. When you click on the picture, it takes you to a virtual shopping cart and asks what quantity you would like to purchase.

Much like walking into a Walmart with an empty shopping cart, visiting the locations of products you want to purchase, and then placing one or more into your shopping cart. When you have everything you need, you check out at cashiers stall. Or visit the self check out center.

Affiliate Marketing Website

An affiliate marketing website doesn’t have an array of products in pictures like that shown on Amazon. This kind of website is to inform and educate people who are interested in the products or services you offer. However, they are not ready to buy. They are looking for information such as reviews, recommendations and comparisons to help them make an informed decision. There may be pictures of products, but they are used to illustrate the message in the Blogs.

There are no shopping carts, or billing functions on this website These will be conducted at the company’s storefront, like Amazon. The process of clicking the link is called click through.

Purpose of A Blog

They describe the product in detail. This blog could also include comparisons with similar products. Strengths and shortcomings of the product are discussed. Are the shortcomings a good reason not to make a purchase? They may not be important to some users. But critical to others. You provide the facts together with your opinions. The visitor will read what you provide and use that information to buy or not to buy.

If they decide to make a purchase, you will have a link strategically located, where they can click through easily to the sellers online storefront. From there, they will select the products they want, fill their shopping cart, and go to the checkout. Once payment is made, your are credited for the sale. A commission will be deposited into your account.

When the product is purchased at the affiliate company’s website, that is called a conversion.

Let’s look into the process of finding potential customers.

How To Attract Traffic And Transform Visitors Into Customers

This is the most important step in any online business. It starts with writing content that is valuable to your visitors. When a customer wants to make a purchase, it is often to solve a problem they have or to satisfy a pressing need.

Let’s say their vacuum cleaner is broken. They could go to a store nearby to purchase a replacement. Today, they will most likely do some research online to find one with the features they want at a price they can afford.

The objective of your website is to create content in such a way that when they enter their search question in Google, your website will be on the first page that Google sends to them. The ideal situation is to be ranked in the first position.

The process that makes this happen is called Search Engine Optimization. This is as much an art as a science.

Do you feel being trained to do this effectively is something worth learning about? But first, you will have to learn how to go about building your website.

I created a blog on How To Create A Website For Affiliate Marketing.

I start at the beginning on how to find a niche right for you. Then what pitfalls to avoid. Blogs are the secret sauce that not only helps to get ranked high in the search engines, but also to keep potential customers engaged until they make a decision to purchase or not.

When they decide to make a purchase, they click the link associated with their choice, and get converted to a paying customer.

Is Affiliate Marketing Right For Everyone?

Of course not. The best way to figure out if it is right for you is to try the course out for free. You have access to the training website where you can take the first 10 lessons of the Online Entrepreneur Certification. With this you can start on building two free websites. One on one coaching is available for free in the first 7 days.

You will get a flavor on what it involves. Actually, compared to a full or part-time job, this is so much better.

If you want to know how I got involved, you can read all about it here:

If you wish to go into the history of Affiliate Marketing as well an academic study of this marketing model, you can check out Wikipedia’s study on Affiliate Marketing!

Getting Trained Right

Like with anything worthwhile, you need to be trained effectively to learn how to do Affiliate Marketing. My #1 rated company that can teach you is Wealthy Affiliate. I wrote a review that takes you inside to show you everything:

The Best Training In Affiliate Marketing That Turns Beginners Into Pros!

Closing Thoughts

You may be in a position where shortage of money is such a huge problem, and doing anything that doesn’t provide you with money immediately is not an option. I can totally understand that. I have been in that position a few times myself. However, I didn’t have the option of building a business online. Because there were no opportunities like this available at that time.

May I make a suggestion? By all means look for opportunities to find another job. Or other actions you can do that will pay you sooner. You got to do what you got to do. I cannot put myself in your shoes.

Pause for a moment. Take a deep breath. Or go for a calming walk if necessary. Then think about your future. Wouldn’t it be great to do something now that will get you off that treadmill with no permanent relief in sight?

It costs nothing to check out how to build an Affiliate Marketing business in the beginners course I am offering you. There is so much training you get for free, as well as two free websites and free hosting. And if you promote this program to others you can actually get paid.

I lifted the curtains so to speak to give you a peak inside the platform. Check out my article by clicking below:

The Best Training In Affiliate Marketing That Turns Beginners Into Pros!

And if you cannot afford to pay the $49 a month for complete access right now, that is OK. Yes, the complete course is that affordable! Wealthy Affiliate has NO additional charges. NO Up Sells to more expensive courses like so many other Online Training companies do. And you can go at your own pace.

When your financial situation improves, I urge you to upgrade at that time. A better option is to review your living expenses and see if you can budget less than $2 a day to give yourself every advantage available to you.

Of course, the choice is yours.

What have you got to loose by signing up for FREE? Nothing! Go on! Click the banner at the end of the article above and sign up or free.

Your Comments

I would love to hear any comments you have on this article. Tell me what you liked. What you didn’t like. And if there is anything else you wish to see me explain, please tell me. And I will listen. Alternatively you can send me an Email to: edwin@affiliatemarketingforleaders.com

You deserve to be happy and not worry about money shortage. I wish you all the best in life.

Edwin

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Note: (This post may contain affiliate links, which means that if you click on a link to the Merchant’s site and purchase something I may earn a commission.The price you pay will be the same if you went to the Merchant’s site directly.)

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