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How to start a home-based business that makes money

Affiliate Marketing Forum Index » Getting Started - For New Affiliates
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melibra23



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Post Posted: Sat Sep 05, 2009 12:07 pm
      Post subject: How to start a home-based business that makes money

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Have you started a home-based business, or are you considering starting one? Whether your goal is to earn a part time income or to make enough money to quit working regular jobs, you have to know what your customers want to buy. Looking into what successful businesses are currently doing will help you with your own.

Cutting out all the fluff, here are the two main reasons businesses get customers to purchase from them:

1. Customers will gain something from the business.

If you sell something physical, such as a T-Shirt, CD, or watches, your business falls into this category. You can also sign up with an affiliate program. This is the way an affiliate program works: You place advertisements on your website showing off another company's products. Whenever a customer makes a purchase through your site, the company will pay you a percentage of what they make!

If you have a blog, signing up with an affiliate program is one of the best ways to monetize your website. Here is a list of websites you can sign up with:
Commission Junction
ShareASale.com
Amazon.com

If you don't have your own products yet, consider selling things from other websites until you do. When someone buys from a product listed on your site, the company selling it makes a definite gain that can be measured (profit) and passes some of the earnings on to you!

2. Customers THINK they will gain something from the business.

Two of the most successful businesses are companies that sell lottery tickets and casinos. Think about this: How many times have you purchased a lottery ticket? How many times have you actually won money? The majority of us do not make any tangible gains by purchasing lottery tickets. However, selling lottery tickets is very profitable for Powerball and other companies. If you gamble at a casino, your chances of winning are higher than winning the lottery. However, the odds are still heavily favor the casino. These businesses make billions of dollars without guaranteeing that you will get anything at all in return.

Colleges and universities make money in a similar fashion. People say they go to college for an education, but the real reason most people go is to increase their earnings potential. Many job opportunities require a college degree, or favor candidates that have one. Earning a degree will increase your chances to get a better job, but it is not a guarantee. Due to this economy, many recent college graduates are out of work, or are in low paying jobs that don't require a degree.

It is unfortunate that many business that do well financially give their customers returns with no value, little value, or questionable value. Fortunately, you can implement the strategies of these types of businesses to help you make money for your own. How do you do this?

Pay Per Click Advertising

You can earn money online from programs such as Google AdSense by placing their advertisements on your website. When a customer clicks on an ad they are interested in, you earn money. There is no guarantee the customer will actually make the purchase, but it does show they have an interest. Many website owners earn hundreds of dollars a month just from Google Adsense alone!

Educating Consumers

Consider starting a blog, and sharing your knowledge with others. Then monetize your website with pay per click ads, affiliate programs, or by selling an E-book.

E-Books are an excellent way to make money from your knowledge. Are you an expert in picking up women in clubs, physical fitness, or how to make money online? People are desperately looking for information in these subjects and more!. Customers will gladly pay you if they see you are offering something of value to them. Do this: have a blog that gives valuable information about your subject. Don't charge your customer for this. However, save your very best stuff for your E-Book. When you do this, you gain a customers trust before they buy from you.

When you develop your business further, consider offering training classes, seminars, and phone consultations. Many website owners make HUGE incomes by offering these services.

What information can you offer that will help others? Start a blog and earn money while offering knowledge that has genuine value. In this situation, both you and your readers win. So what are you waiting for?
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orange



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Post Posted: Wed Sep 16, 2009 6:09 am
      Post subject: Good article

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Good article. A lot of useful info here.

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InternetMarketingIQ



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Post Posted: Thu Sep 17, 2009 1:56 am
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And the "How to" is where?
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BST



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Post Posted: Fri Sep 18, 2009 9:44 am
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There is nothing better than selling your own things, it is only when that is not available that you could start selling other people's stuffs. You stand to gain a lot doing your own thing.
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richkid



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Post Posted: Tue Oct 06, 2009 9:16 pm
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hey BST, that is something i have never thought of. Casino's and lottery actually do make money without guarantee that a person will win money.

By the way you said people make $100/month from adsense, is that all someone can make?
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AllanGardyne
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Post Posted: Wed Oct 07, 2009 7:34 am
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richkid wrote:
By the way you said people make $100/month from adsense, is that all someone can make?

If you build a large site - or a bunch of sites - full of genuinely interesting, useful information and attract lots of traffic, it's possible to make thousands of dollars a month from AdSense. Most affiliates don't, but it is possible. We do.
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nichefinder



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Post Posted: Sat Oct 10, 2009 4:46 am
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Here's a quick case study on Adsense.

I created a site 4 years ago and posted around 30 articles. I haven't touched it since and it makes $80-$300 a month...All from Adsense and nothing else. Barely any promotions, just directory submissions, good keyword research, and a few submitted articles.

While I no longer make Adsense sites, I consider that site a decent investment since I outsourced the whole site for less than $150.
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Rockmanfl



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Post Posted: Sun Oct 18, 2009 5:28 am
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That's very impressive that a site a few years old is making consistant money, I've made about 30 a month with adsense (that was my highest month so far), but I've only been at it a few months now - but it does take time, so I'm trying to be as consistant as I can and keep driving traffic, cause I do see that adsense can work.
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JonMills



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Post Posted: Thu Oct 22, 2009 5:31 pm
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Yep adsense does pay well, especially if you pick obscure niches that dont fit into the regular type of site listings but based around say 1 product
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donnyg16



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Post Posted: Tue Oct 27, 2009 7:52 pm
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Hi!

This is a very very informative post and I really want to thank the topic starter for the post. I am new to business and this has helped me a lot to determine ways on how to be successful in my field. Again, topic starter, Thank you!
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kameron



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Post Posted: Wed Nov 11, 2009 7:48 am
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I partnered with a company and have been very pleased with them. I love being able to work from home, Plus they are members of the BBB which was important to me with all the scams out there.

I don't have to Stock Inventory or sell products nor do I have to take orders, deliver anything or get stung with bad checks when making collections ... Did that in the past, NOT again!

If you want more information about them I would be happy to share. Just send me an email and let me know.

It just might give you the options you are looking for
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moore.davidv11



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Post Posted: Thu Dec 03, 2009 6:12 am
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I can understand sitting idle is really very frustrating but if you don’t want to move out and desire to do something from home only then I would recommend you online money making business which will help you to make some money also. Global Mobile is one of the services available on net to do online money making. They will provide you some good tips regarding it. So now hopefully you will not get desolated.
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