From this article, you will discover how to make extra money from home online as an internet marketer or affiliate marketer in a matter of days. The online business idea I will be sharing with you should help you to pay urgent financial bills if you follow it to a Tee. However, I need to tell you beforehand that starting an internet business and making money online is not done by wishful thinking but by dint of hard work and smart work.
First of all, you have to set your income goal to get started. How much do you want to earn per month for a start? Do you want to make $1,000 a month online from home or higher? You have to understand that the level of work you have to perform or the amount of money you have to invest in your internet business is a function of your income expectation. That is, how much money do you want to make on a monthly basis?
Secondly, you must be willing and able to learn and take action on a regular basis. Internet marketing and making money online go beyond luck and hope. Also, online marketing is constantly evolving which means what works yesterday may not be relevant today. You have to bear it in mind that we are talking about starting a business and making money on the internet. To this end, you must write a business plan and conscientiously follow it through if you hope to get tangible results ultimately.
With that said, let's look at the steps involved on how to make extra money from home online.
Step #1: Choose a Niche Market and Product to Sell
From time immemorial, the ability to make money hinges on creating value in form of product or service for a group of people who will find it valuable and be willing to pay for it. It could be repackaging or improving on an existing product or coming up with a unique product. But the ultimate benefit is to solve a problem for target niche market.
You can choose a niche market and product to promote from your passion or interest. But it boils down to selling products or providing services on the World Wide Web so that you can make money on the internet. The best way to achieve this goal is to build website, set up squeeze page and promote a product to your target niche market.
As a beginner, you may not have a product of your own to sell right away. But you can join reliable affiliate network programs where there are avalanche of products and services to choose from and earn affiliate commissions. This is how I got started in online marketing and it has been an exciting ride. Believe me; you can make full time income online by promoting other people's products and services and making money with affiliate marketing!
Step #2: Conduct Keyword Research and Market Competition Analysis
If you know how people find information online, you will discover that majority of web shoppers and information seekers use search engines on a daily basis to find what they are looking for. For you to know these search queries which online shoppers enter into search engines to look for a product or service to buy, you have to make use of good keyword research tool.
With good keyword research software, you can discover niche market problems and product keyword phrases which you can build a website or blog around. But you have to analyze every long tail keyword phrase for profitability before you target it. There are free and paid keyword research tools out there. But I use the free Google Keyword Planner for my keyword research and paid software for keyword competition analysis.
Step #3: Build a Website or Blog
Before you can make extra money online from home, you need to build a website or blog which will serve as your storefront or business office to the world. In order to build a website or install WordPress blog, you have to register a domain name and buy web hosting so that you can upload website files and content on a web server. There is a bit of learning involved in this step but you can watch free videos from YouTube to know how it is done.
As soon as you have an optimized website with content, the next task is to monetize it. This is the best way to make money online. If your wish is to make passive income online into the distant future, you may consider setting up a squeeze page which will enable you to build an email list of subscribers who may become your potential customers sooner or later.
It is also important you install tracking code on your website or blog in order to make it easy for you to analyze website visitors' activities and their sources. Sincerely, this is the best way to make extra money from home online without falling prey to promoters of get-rich-quick schemes. Although I will agree with you that there is a bit of learning and work but the rewards can be astounding in the end. Can you imagine making $100 a day online from home from the work you did once? It can be as interesting as that!
Step #4: Build Backlinks and Promote Your Website
A lot of online businesses die everyday not because of lack of quality products to sell but mainly due to little or no marketing or promotion of the websites. Personally, I was guilty of this in the early days of my internet marketing career until I realized that no promotion, no sales.
You have to come out of your comfort zone to let your potential buyers know that you have quality product or service which will solve their problem. Depending on your budget and what you are comfortable doing yourself, there is free and paid advertising methods which you can make use of in order to promote your website. There is article marketing, video marketing, forum marketing, guest posting, blog commenting, pay per click advertising, solo ads, affiliate programs, joint ventures, just to mention a few.
This is how to make extra money from home online. But if all these steps look hazy, that is not a problem at all. You can learn from an affiliate marketing expert or coach who knows his onions. And I believe your return on investment will definitely motivate you the more to press forward and become an internet marketing guru in the near future.