How To Make Money Online For Beginners
It’s too easy to forget that for many millions of people, making an income online is a completely foreign concept. I mean, what is there to sell and who do you sell it to? How do people pay for “stuff” and how do they get their products? Then how do you actually “earn” some money and how does it land in your bank account? For beginners wanting to know how to make money online these are completely legitimate questions.
To be honest, there are literally thousands of ways that people buy this “stuff” online. Similarly, there are thousands of ways that other people earn money at the same time.
Amazon, the world’s first trillion dollar company
Think about Amazon, for example. They have become the first company in the world EVER to have a market capitalisation sum of $1tn. Their founder, Jeff Bezos, became the world’s richest person with a personal fortune of $150bn. Amazon sells products and services to people all over the world via the internet ie online! This means there’s a growing worldwide acceptance of spending money over the internet. Hundreds of millions of people do it globally. They are confident in the integrity of the system that allows them to trust their personal, banking and location details to online vendors whilst doing so.
Amazon has a programme called Amazon Associates. Millions all over the world join up, sell products on the Amazon website and make commission by doing so. These people never own the products and they never have to hold any stock. They are not responsible for shipping the products to the customer. They never have to deal with customers or customer service and never have to worry about product guarantees. And yet they can make money recommending products on the Amazon site to others by being a “middle man”! Typically, sites selling physical products will pay the middle man, the affiliate, approx 2% to 15% of the sale price.
Amazon is a prime (pardon the pun) example of how this concept works. Ali Express is another along with eBay Partners and a few others but they mainly focus on so called physical products. These are tangible things you can actually hold in your hand and get delivered in the post (if small enough) or by a national and local courier.
Digital Information Products And Services
For absolute beginners to making money online, it’s often way easier to get going with so called “digital” products or services. These can include things like e-books, subscriptions, e-tickets, courses etc…..for more info, consider this page from Wiki.
There are, again, multiple sources of these types of products and, contrary to selling physical products which can require huge numbers of sales to make a reasonable income, selling digital products or services can be financially much more rewarding with commissions paid to the affiliate being typically up to 70-75% of the sale price, sometimes more! This means that making a decent income online can be done by selling far, far fewer products.
There are other benefits to selling digital products as well, the main one being that the customer doesn’t have to wait to actually get the products delivered to them. They can be delivered virtually instantly over the net to your device…….desktop, laptop, tablet or smart phone. Commissions can be paid in a number of convenient ways as well including by Pay Pal, direct credit to a bank account or by cheque/check.
If you like the idea of making money online but as an absolute beginner you have no idea of where or how to start, I have a suggestion. My outright recommendation for taking someone from complete novice to accomplished online marketer is Wealthy Affiliate.
Wealthy Affiliate is an online training, education and support platform that walks members from A (and I really do mean A) to Z….and when members get to Z, they know what they’re doing and are able to earn money on the internet.
They have a whole load of other benefits as well but suffice to say that getting novices a foot on the ladder is a great start so why not check them out here, there’s no need to get your card out, you’re not committed to anything and there’s no contracts or anything scary like that. Checking them out is completely free and you have nothing to lose by doing so….go on, give it a go!