More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
If you’re willing to take on some risk and have the heart of a true hustler, you can make extra money online doing commission-only sales for startups and other businesses. While you won’t be getting a regular salary, with the right sales strategies and skills as an inside sales rep, you can make decent money for each sale you bring in. And because you’ll most likely be working with startups, if you can negotiate a little equity you could profit big time if you're pitching a solid product and the startup succeeds.
I joined WA a few months and a premium member now. For the 1st time, I am reading WA from outside. I decided to join WA by reading a few articles from the web which I really liked. There is not a single day I have not enjoyed. Every day I see people converting, sites getting ranked, people getting to 1st page, even ranked #1 of Goole. It is lots of hard work and you got to be a skilled writer in your niche. The community help is unparallel. The longest I have seen the conversion is 3.5 years. But the person said he started the website before completing the training and made a mistake. He was about to give up when he saw 4 figure/ month conversion. He has ~200 posts. It feels good to see lots research and authority gained over the time. It is lot smaller time frame compared to my Ph.D. You are always told it takes 3-4 years to see any conversion. People having no tech knowledge are making a good income. I am learning SEO and WP management in my spare time to help myself. It is addictive.
If you’ve never heard of extreme couponing, check out this lifehack on the subject. Once you’re versed on the idea, what you have to do is a bit difficult at first, but it’s a great way to both save and make money: go to hip2save.com and get a feel for the types of deals that are out there (both online and in the physical world). Once you’re comfortable with the process, start searching for the best deals in grocery, retail, and online shopping. After a month or two of extreme couponing, you’ll have enough cleaning, hygiene, and food supplies stocked up to save a noticeable amount of money. Now maybe you don’t need to make as much…?
26. Services – You can offer a paid service, such as life coaching, blog coaching, goal setting or financial planning. Just be sure to investigate all the legal implications and make sure you’re not claiming to be a professional if you’re not one. With a service like this, you’re basically using your blog to sell yourself. You’ll need to convince people that you’re worth buying and then be able to back up your claims once they purchase your service.
So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online.
Let’s say you have a promotions page where you’re promoting a product via affiliate links. If you currently get 5,000 visits/month at a 2% conversion rate, you have 100 referrals. To get to 200 referrals, you can either focus on getting 5,000 more visitors, or simply increasing the conversion rate to 4%. Which sounds easier? Instead of spending months building domain authority with blogging and guest posts to get more organic traffic, you just have to increase the conversion rate by 2%. This can include landing page optimization, testing your calls-to-action, and having a conversion rate optimization strategy in place. By testing and optimizing your site, you’ll get far better results with much less effort.
My advice would be to take the money you would spend on WA and invest it in Treehouse. They offer very high-value information across a broad range of topics, from deep dive programming tracks to SEO, plus the community experience there is so much more rewarding. The knowledge and skills you would gain from a Treehouse membership would be worth infinitely more than what you could possibly get out of WA.
Authors Note: We spend so much on education but earn less than $500 after graduation. I am also a believer that knowledge is power. You need to invest in Financial Education(Wealthy Affiliate, Inbox Blueprint or BuilderAll) that shows you how to make a living. It is not a must to study at Harvard like Mark Zuckerberg the Owner of Facebook to be great!
Tony this is great! You look like someone from Nairobi? I can feel something like this Internet Africa in Nairobi some times i was there and made no cash actually. They tell you to refer your friends and family members to buy website and blog and they tell you to sell eBooks etc like that. Good i came across this post. I have been following you for some days now. I understood WA is a learning system that helps you market other peoples’ product like JvZoo. Clickbank etc. My question is this if i refer people to join Wa affiliates do i have commission?
In April 2008 the State of New York inserted an item in the state budget asserting sales tax jurisdiction over Amazon.com sales to residents of New York, based on the existence of affiliate links from New York–based websites to Amazon. The state asserts that even one such affiliate constitutes Amazon having a business presence in the state, and is sufficient to allow New York to tax all Amazon sales to state residents. Amazon challenged the amendment and lost at the trial level in January 2009. The case is currently making its way through the New York appeals courts.