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Is an Income on the Internet for the average Person possible?

So as we move into the New Year and the brown envelopes are already starting to drop on the mat and the thought of working through towards your Summer holidays is now preying on your mind, it is often a time of reflection and a desire for things to be different than last year……

What started as a joyful welcome to the New Year can often quickly turn into a dull and dreary January with wintry weather and touch of dissatisfaction or even downright misery!

So how do we get rid of the January blues and the excessively long 31 days of January before the next pay day?

Often it starts with money. We all believe that our lives would be better if we just had more money. But of course the truth is…..money itself doesn’t create happiness – it’s just a commodity but it’s what the money can DO for us that is the real draw.

So if money was no issue – what would you be doing?

Would you have more TIME to appreciate every thing around you……more holidays……a new car or house, ……..less stress……the ability to stay at home with the children, the grand children…….to retire and still be able to LIVE?

Whatever you truly want….often an extra income of just a few thousand a month could totally transform your life.

So is it possible for the average person to earn that sort of extra income on the internet? “How to make money online” or “how to earn an income on the internet” or “how to start an online business” or “how to make money from home” are  some of the most searched for terms on the internet and returns about 159 million results just for the first one alone so it’s understandable if you’ve searched for this and got confused with what you would need to do!

So let’s make it a bit simpler for you.

Although there are literally hundreds of possible ways that could earn you an income on the internet, the best ones can probably be grouped into 4 categories.

So here are the 4 main ways to earn an Income on the Internet:

1)      Ebay / Amazon / Shopify (drop shipping) selling

2)      Affiliate Marketing

3)      Selling your own product or service

4)      Network Marketing / MLM / Direct Sales

Let’s look at these in a little more detail:

1) Income on the Internet using Ebay/Amazon/shopify drop shipping

This is where you advertise a product or service on large auction sites such as Amazon or Ebay or have your own “store front” site hosted on Shopify (or other ecommerce platforms).  In order to do this you would need to create a sales account at Amazon (or a store front with Shopify), then source some popular products (from sites like AliBaba.com or AliExpress.com and a drop shipper (supplier) who will ship them for you and then you simply register them for a profit on the auction sites or in your store front.

Now then, this may seem quite a simple way to generate an income on the internet at first (and it is IF you know what you’re doing), but bear in mind that there are many challenges here which can be costly and sometimes for a very low return.  Probably the easiest way for a new person to do this would be to use Amazon who give you the option to purchase their own effective advertising slots which takes the learning curve away. Of course Amazon will take up to 20% of your commissions on certain items, and you will need to pay for the advertising, so you have to factor this in when pricing and advertising – in other words, you need to do your due diligence and know your numbers! The most popular products may not be the most lucrative and often it is the niche products that you wouldn’t think of that will give the best returns.

Despite all this, it is actually a very effective way of earning an income on the internet but my advice here would be to invest in a course from someone who has done this successfully and will show you exactly what to do to get ahead of the competition – a simple Google search will help you with this, however at the time of writing this post there is a great course from a UK young internet millionaire who has made £2.4m from doing this. You can listen to his case study training webinar, click the picture or just Click here

2) Income on the Internet through Affiliate Marketing

Affiliate marketing is when you sell other people’s products or services.  It usually costs nothing to become an affiliate and get your affiliate code for a product or service from sites like Clickbank.com or JVZoo.com, and then all you have to do is promote it through adverts, blogposts, videos, social media etc so that prospects come to the sales page with your affiliate link embedded so that if there is a sale, then the commission will be allocated to you.

Earning an income through affiliate marketing is a GREAT way to earn an income on the internet, but there is a lot of competition for high affiliate commissions. Those that understand how to build their own high converting and unique websites and the power of building their own subscriber list with follow up emails will do way better than those who use the “done for you” templates and capture pages that quickly become saturated in the market.  But of course this in itself is a HUGE learning curve to understand how to do this.

Some products have lower affiliate commissions and some have large – those products that have the larger commissions, will obviously have the biggest competition especially if it is highly popular niche such as weight loss – so you will be competing against other much more experienced marketers.  With the costs of advertising soaring, it can sometimes be hard to make a real profit unless you know exactly what you are doing and targeting a niche market with highly effective advertising.

Once again….it’s actually a very good way of earning an income on the internet and the course I mentioned above also shows you exactly how to do this and how to stand out from the crowd by selecting products that are in high demand, are easily obtainable and easy to sell at a profit in a unique way.

You can check out a free training webinar here – Click Here

3) Income on the Internet through Selling your Own Product or Service

Now then, this is possibly the MOST profitable way of making an income on the internet, because you get to keep 100% of the profits as opposed to perhaps 20-50% of an affiliate product, but it is also probably the hardest for a new marketer to do.

Why?  Well, because as well as the creation of your own product, you will need to set up a marketing funnel, create your own websites, learn how to “brand” yourself online as a person of authority, learn sales copy, on-going sales follow ups and of course learn the art of traffic attraction and conversion.

Despite this – this is probably one of the most exciting ways to create an income on the internet because with your own knowledge you can not only create your initial signature product, but you could then create an advanced product which could then lead to some private coaching with you at a premium price and even monthly residual income from a membership site – and this can be a LOT simpler than it sounds.

If you have a skillset that maybe you’ve picked up in your career or even in your home life that you think there might be a “market” for – maybe you’re a brilliant gardener, a good cook, a great Mum with some awesome tips to share, a great salesperson at work, a tech wizard who loves to help older less technical people……..whatever skill you have – there is almost ALWAYS a market for it.

If this is something that you would secretly love to do and would love to generate monthly residual income from, but just wouldn’t know where to start then this is definitely something that we can help with – Click Here for more information and go to the second part of the page to find out how to get a free 30 minute call to explain exactly how you could go about doing this. At the end of the call you will know exactly what steps you would need to take, either on your own, or with our help if you choose – there is no “sales pitch” or any pressure to work with us.

4) Income on the Internet through Network Marketing/MLM/Direct Sales

Okay so Network Marketing is one of the most popular ways of earning an income on the internet, yet sadly most of these “party plan” type Companies don’t actually teach online marketing strategies.

Network Marketing is an often misunderstood way of creating an income with many people mistakenly thinking this is a “pyramid” scheme. In fact a reputable Network Marketing company is nothing of the sort and is in fact just a product “distribution” channel created by individual business owners being “recruited” to make their own sales. Each “rep” is then paid on their team members sales as well as their own.

Network marketing provides you with the opportunity to recruit as many people as you can build into your team, but each of them have their own motivation because they are building their own business too.

But here’s the bad news! Historically there is an extremely high failure rate within Network Marketing and direct sales because people couldn’t find enough prospects to “talk” to about their opportunity, nor did they know how to “sell it”.   With the onset of the internet, it has changed everything and with some simple but age old marketing strategies brought “online” it is possible to bring our customers and prospects to us.

If you would like to learn more about how to build a business with Network Marketing, then I can highly recommend this article which explains it very well.

What is MLM

Summary of How to Earn an Income on the Internet

So the key to success in any of these strategies to earn an income on the internet is to take the time to learn some new skills.  Accept that in order to earn an extra income, then you will need to personally develop and to learn some fundamentals of marketing so that you can compete against the people who have been doing this for some time.

The absolute fastest way of doing this is to invest in either a course (if you are fairly tech savvy) or some coaching and mentoring from someone who has trodden that path before you, rather than trying to figure it all out yourself.

Investing in coaching and mentoring is ALWAYS going to save you time AND money in the long run and sadly this is the bit that most people will never do.

If you found this article on how to earn an income on the internet useful – then please leave me a comment and share this with anyone who you think may benefit from it – Thanks! Email: Nicky@NickyPriceMarketing.com
YouTube: https://www.youtube.com/user/MLMDiamond
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If you’re looking for information on how to start an online business or earn an income from the Internet, then you’ve come to the right place!

As more and more people are put under pressure at their jobs, maybe lose their jobs, or are worried about their financial future, then many people are turning to the internet to see if they could learn how to start an online business and earn an additional income on the Internet.

But is this a wise decision?  And if so…..where do you start?

Well in the video below – I lay out what happened when I did exactly that – what I’ve learned along the way and the key pointers to look out for when choosing a business to work with.

Income on the Internet - YouTube

So the two key ways I discuss in the video above to start an online business are Network Marketing and Affiliate Marketing.  Now there are many other ways and I’ve written another article on the 4 main ways of making an income on the internet which you can read by clicking here ==>

Network Marketing

In my honest opinion – Network Marketing online is good because of the monthly residual income…..BUT there is a HUGE learning curve with understanding how to do “Attraction Marketing” (which is what you need to be doing if in order to build a Network Marketing business successfully).  It took me 18 months before I was able to earn a real income from doing this.

So what about affiliate marketing?

Again – this is a great way to make money, but unless you understand that it is competitive and that you need a mentor and a budget for paid marketing, plus you need to be building your OWN list of subscribers, then again the learning curve can be huge and it can take persistence and commitment to get to where you are making good money.

They key is understanding that any new business is going to require new skills – and without professional coaching from those who truly understand what it takes to be successful, then the road is definitely a hard one.

So when you’re looking for how to start a business online – what are the fundamentals of choosing a GOOD sustainable business model where you can learn new skills from millionaire mentors but actually start earning an income even when you’ve only just got started?

How to Start a Business Online – The Fundamentals

Okay…..let me list out what I believe are the fundamentals that a business needs to have in order for you to maximise your chances of being successful.

1)  A digital Product (i.e one that is stored online and not a physical product that needs shipping to your door) – so your commissions are higher, because the cost of producing it is much lower  (Internet marketing, coaching and online learning and health are the top niches online)

2)  A top quality legitimate digital product that can be resold to people outside of the Company and not one that is merely being sold to affiliates who sell to affiliates…..just for the sole purpose of making money from the sale.  (Needs to be an FTC compliant business).

3)  A business that provides step by step training so that even someone who is completely new to the internet can plug in, follow the training and take the actions required to build a successful business online.

4)  A business that provides all the latest  “done for you” marketing systems with follow up emails, so you don’t have to think about creating a sales page or follow ups on your own.

5)  Every business online needs “traffic” (i.e people visitors to the website) – without traffic to your sales page, you have NO business and this is one of the hardest things for new people online to learn.  A business that provides a tailored “traffic” solution for YOU is my best recommendation.  So whilst you are learning the skills from the products inside the system – you are still able to purchase “traffic” or “people” visitors to your sales pages, so that you can quite literally ‘earn while you learn’.

How to Start an Online Business – What’s The Solution?

Now as I mention in the video – I have been looking for a business like this for the past 18 months and was very disappointed with what was out there.

Until now……

Because I was finally shown a business that ticks ALL of those boxes above.  And what’s more the mentor who showed me this has the same vision as me……which is to “free” more people from the lives they are unhappy with so that they can spend MORE time doing what they want to be doing.  Whether that’s more time at home with the children or family, whether it’s to spend more time on vacation and traveling the world, or whether it’s to free themselves from mortgages, debt and an insecure pension.

So if you fit into any of these categories – then I would like to invite you to take a look at the business I have recently aligned with.  Because before I joined, I made my sponsor show me his back office in  his business to PROVE to me that his team was making money.  And I was truly blown away by what I saw and will be updating my own results here soon.  What’s more – we have a TON of additional team benefits that will help you meet your goals even more quickly.

So I hope that’s helped you with some ideas as to how to start an online business and what to look out for, and if you’d like to see the business that I am with that ticks ALL the boxes, then simply click the link below.

P.S – If you’re visiting my blog for the first time – then why not grab my FREE PDF report “4 Steps to 5-Figure Months”

Email: Nicky@NickyPriceMarketing.com
YouTube: https://www.youtube.com/user/MLMDiamond
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Network Marketing lead generation online makes sense because you can reach so many more people than you can “offline” but ONLY if you do it right.

Sadly most people will never take the time to learn some online marketing strategies for their Network Marketing business because it takes a little effort to learn.

But let’s assume you’re NOT one of those people and that you really do want to learn how to do this, you’re just a little overwhelmed and confused about what you need to do.

Which is exactly why I put the 5-Step Recruiting Formula together for you that explains exactly what to do.

If you missed Day One then you can see it here – Click Here ==>

So as a quick recap – the 5-Step Online Recruiting Formula is:

1)  Create Value (a “Lead Magnet”)

2) Put Value in front of target prospect

3)  Exchange Value for email address

4)  Email More value

5)  Show your business / product to make sale

In step one we talked about why you would want to build your business online and also how to create some valuable ‘content’ for your prospect so that they would be attracted to working with you.  This method is called “Attraction Marketing” and is based on a deep psychological response when somebody helps us without asking for anything in return. And it works!

So today I’m going to talk about why you would want to be collecting emails.

Let me give you a little scenario here!

Imagine for a moment that you’re single and you were looking for a partner and you were to walk into a bar where you saw someone who looked like they would be the perfect partner for you – you probably wouldn’t go up to them and ask them in all seriousness to marry you (unless you were a bit of a joker!) because no-one in their right mind would actually accept would they?  So instead, you would probably first get eye contact, maybe start chatting and then if it went well you would go for a date together right?

So I use this analogy because if you are sharing your business opportunity with someone the first time you “meet” them either in the flesh or on social media – then the chances are – they will say NO to your business.  They may even be offended because you have sent them a link without first having a “conversation” with them and finding out if there was a need or a desire to have a business in the first place.  (And I see people doing this ALL the time on social media and I even have people frequently sending me random links to my inbox!).

So let me throw something out here which may be a bit of a surprise for you – because if you’re here, then there’s a very good chance that you have invested into a business opportunity and have the business opportunity and the products to sell in order to get paid.

So here it is:

Your product and your business opportunity is NOT your business…

YOU and your email list is your business if you want to build a business online!

It’s very important to understand this…

The business opportunity you invested in is just ONE of your income streams and I can almost guarantee you that if you asked any of the leaders in your business who were using the internet to build their business that they would not just have one income stream.

So when you are building your business online, you already know that you want to have a steady stream of new prospects to speak to about your business – so you need to be building an email list of subscribers and then you will start to build a relationship with the people on your list.

This will allow you to build your business and your brand around YOU, so that if ever anything happened to your Network Marketing company then you have a list of prospects that you can email to explain what you are doing now.

And have you ever heard people talking about “push button” income? Well I can tell you that the ONLY way that I’ve personally ever made income like that is when I’ve sent an email to my list and recommended a product or service.

It’s also how i was able to have a 5-Figure month my SECOND month in to my brand new business – because I emailed my list !!

People buy from people they KNOW, LIKE and TRUST.

So……

Take a look at your business – are you generating leads and capturing emails?

It is also well known in the “marketing” industry that potential customers will need exposure to your products and services between 4 – 12 times before necessarily wanting to buy or join you.

Which means that unless you are keeping in touch with people regularly they will forget who you are and why they clicked on your link in the first place.

And on the internet…..the place to keep in touch is either on social media or even better, via email.  Surprisingly email is STILL the best way to keep in touch with your prospects.

So if you’re not building a subscriber list of people who are in your target market, then you have no-one to show your value to and you have no-one to continue to “market” your products and services to.

So how do you build an email subscriber list?

Well you will need some capture page software like Lead Pages or ClickFunnels which is where your prospect fills out there email address, and you will also need an autoresponder service like Aweber.

An auto responder allows you to send out broadcast messages or a pre-written sequence of emails that sends messages out automatically at set intervals which allows YOU to get on with your life, knowing that your prospect is still being shown what you have to offer.  Take the time to set it up once and it can pay you for a long time!

I would consider both of these to be ESSENTIAL tools of a Network Marketer.

It’s a simple 3 step formula.

1)  Build a list (collect emails)
2)  Build the relationship and trust with those subscribers
3)  Give value (80% of the time) and market your products or business to that list of subscribers (20% of the time).

Building a list is simply exchanging something of value that your prospect wants and will perceive to be valuable enough to give you their email for – like the “lead magnet’ we were talking about yesterday.

And of course if you remember I said yesterday that if you struggle to create a “Lead Magnet” then I can strongly suggest you watch my free  “5-Step Recruiting formula” training in action where I walk you through the whole process (and a simple way to get it all done for you!) and you can do that by clicking the link to the live workshop I recorded recently.

As committed to your success as you,

Email: Nicky@NickyPriceMarketing.com
YouTube: https://www.youtube.com/user/MLMDiamond
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So is it still possible to make an income on the internet?

Well yes it is and yes you can, BUT….

have a read of this first before you part with any hard earned cash and dive in to anything!!.

Now I originally wrote this post back in 2011, but I have come back to update it July 2016 with what’s working right NOW on the internet.

With the recession, poor pensions, redundancy, high college fees and the high cost of living that is all around us, more and more people are looking at ways to generate (or replace) their income.  Additional stress for those still in the corporate world is also causing many hundreds of thousands of people to turn to the world wide web to see if it’s really possible to earn an income on the internet but is this the right thing to do, or will you just end up losing more money?

There are literally dozens of ways to make an income on the internet if you want to work for other people, but what I want to focus on today are the 4 key ways of having your OWN business, where you can leverage the power of the internet to work for YOU.

So here are the 4 key ways to earn an Income on the Internet:

1)      Ebay / Amazon (drop shipping)

2)      Affiliate Marketing

3)      Selling your own product or service

4)      Network Marketing / MLM / Direct Sales

Let’s look at these in a little more detail:

1) Income on the Internet using Ebay/Amazon drop shipping

This is where you advertise a product or service on large auction sites such as Amazon or Ebay.  You simply have to create your account, source some popular products and a drop shipper who will ship them for you and then register them on the auction sites.

Now then, this may seem quite a simple way to generate an income on the internet at first, but bear in mind that there are many challenges here which can be costly and sometimes for a very low return.  The most popular products may not be the most lucrative and often it is the niche products that you wouldn’t think of that will give the best returns.  So how would you find out what to sell and how to find the suppliers?
Well, there are a good few courses popping up from people who have done this successfully so it is definitely worth searching – two that spring to mind are DS Domination and Infinii, so you can do some research on those two companies to see if it’s what you want to do.

Bear in mind that whilst a lot of people do have some success with this, there are many things to factor in such as customer returns and customer service and follow up which can be costly both in your time and expenses if the drop shipper doesn’t do this for you.  As with anything new you are venturing into – take some time to do some due dilligence.

Here’s a great resource for you:

2) Income on the Internet through Affiliate Marketing

Affiliate marketing is when you sell other people’s products or services.  It usually costs nothing to become an affiliate and get your affiliate code for a product or service, and then all you have to do is promote it so that prospects come to either the company website or your own website and then make a sale.

Earning an income through affiliate marketing is a GREAT way to earn an income on the internet, but there is a lot of competition for high affiliate commissions. Those that understand how to build their own high converting and unique websites and the power of building their own subscriber list with follow up emails will do way better than those who use the “done for you” templates and capture pages that quickly become saturated in the market.  But of course this in itself is a HUGE learning curve to understand how to do this.

Some products have small affiliate commissions and some have large – those with large commissions, will obviously have the biggest competition and so you will be competing against other much more experienced marketers.  With the costs of advertising soaring, it is hard to make a real profit unless you know exactly what you are doing and targeting a niche market.

3) Income on the Internet through Selling your Own Product or Service

Now then, this is possibly the MOST profitable way of making an income on the internet, because you get to keep 100% of the profits as opposed to perhaps 20-50% of an affiliate product, but it is also probably the hardest for a new marketer to do.  Why?  because as well as the creation of your own product, you will need to create your own websites,  learn how to “brand” yourself online as a person of authority, learn sales copy, ongoing sales follow ups and of course learn the art of traffic attraction and conversion.  You can of course sub this out to copywriters, website builders and traffic specialists, but this obviously makes a big dent in the profit margin.

4) Income on the Internet through Network Marketing/MLM/Direct Sales

Direct Sales and Network Marketing is a way of using leverage to create wealth.  What do we mean by this?  Well in order to have TRUE wealth in ANY business you need to leverage the power of the work of other people and then scale it up so that you can do more business with less work.  John Paul Getty sums it up beautifully when he said “I would rather have 1% of 100 people’s time than 100% of my own”.

Network marketing provides you with the potential to do exactly this by leveraging the power of as many people as you can build into your team, but each of them have the motivation because they are building their own business too.

Historically there is a high failure rate within Network Marketing and direct sales because people couldn’t find enough prospects to “talk” to about their opportunity, nor did they know how to “sell it”.   With the onset of the internet, it has changed everything and with some simple but age old marketing strategies brought “online” it is possible to bring our customers and prospects to us.

If you have listened to my video above and yet you are committed to building your Network Marketing business, then I can wholeheartedly recommend a marketing training system designed specifically for Network Marketers – you can read my full review on the MLSP system by clicking here – MLSP Review

Summary of How to Earn an Income on the Internet

So the key to success in any of these strategies to earn an income on the internet is to take the time to learn some skills.  To KNOW your market, to become skilled through research and training, position yourself as the expert with your own unique selling proposition and then you will be ahead of 97% of marketers out there.  But how do you conquer the online marketing process and yet still earn an income in the process?

Well what if you could have a professionally built sales funnel, professional digital products with high commissions, step by step training with your own personal coaches and a highly supportive team to help lift you up an show you what’s truly possible.  AND….what if you could also earn commissions on the sales that your own personal team do too…..?  Kind of a win/win situation.

Because I was finally shown a business that ticks ALL of those boxes above.  And what’s more the mentor who showed me this has the same vision as me……which is to “free” more people from the lives they are unhappy with so that they can spend MORE time doing what they want to be doing.  Whether that’s more time at home with the children or family, whether it’s to spend more time on vacation and traveling the world, or whether it’s to free themselves from mortgages, debt and an insecure pension.

So if you fit into any of these categories – then I would like to invite you to take a look at the business I have recently aligned with.  Because before I joined, I made my sponsor show me his back office in  his business to PROVE to me that his team was making money.  And I was truly blown away by what I saw and will be updating my own results here soon.  What’s more – we have a TON of additional team benefits that will help you meet your goals even more quickly.

If you are serious about wanting to earn an income on the internet – then take a peek at this  Simply click the action button below to take a look at what we’re doing.


 P.S – If you’re visiting my blog for the first time – then why not grab my FREE PDF report “4 Steps to 5-Figure Months”

Email: Nicky@NickyPriceMarketing.com
YouTube: https://www.youtube.com/user/MLMDiamond
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