Successful business owners all have one thing in common, they are never satisfied with sales levels. Whether you are making $10,000 a year or $1 million a year, there is always a possibility for growth.
If you want to make more money in 2020, home based business is the way to go!
Having your own business operating out of your home is an inexpensive, almost free, way to generate a monthly income and have relative freedom from the 9 to 5 grind. As you own boss, you set your own hours and break times and still make money. Home based business ideas are many so you can literally choose anything that suits your interest and expertise and still make money. Home based business has a lot of positives.
The growth of the Internet has led to an explosion of home based Internet businesses using affiliate marketing as a way to make money. Home based business built on affiliate marketing means that you set up a website and redirect the traffic to an affiliate that pays you each time a customer makes a purchase by clicking through your website. This is an example of a free home based Internet business because it doesn’t cost anything to sign up with other businesses as one of their affiliates.
However, there is a lot more to just setting up a website to make money. Home based businesses operating on the Internet cannot just expect the sites to make money without some extra work. The cost of an Internet based business is not quite free, because you do have to pay for the domain name and the web hosting, but when you compare it to the cost of setting up a bricks and mortar business, then you might consider it almost a free home based Internet business.
So, what is all the other ways which will help you make money online 2020?
Here are some of the most popular and proven ways to make money online, in no particular order:
- Build Your Own Blog
For instance, blogs and surveys are ideal for the beginner, and surveys can produce immediate income. A blog is like an online journal. Surveys simply require you to share your opinion.
Your own web-site on the other hand requires some expertise and will usually produce income in the longer-term. However once your site does start making money for you, it’s like having your own money-printing machine!
- Google Adsense
Google Adsense is where you enable adverts to show on your blog or website, and you get paid every time someone clicks on the ads. So, if your blog or website become popular, and you are getting thousands of visitors a week or a day, you can make a great income doing pretty much nothing! (You did the work previously setting up the blog or site and now you can reap the rewards).
- Google Adwords To advertise to Your Affiliate product
Google Adwords is where you pay for your own advert that will appear down the right side of the page when people do a google search. For instance, let’s say you are selling health products and need more customers. If you have your own website, however simple, you can create an advert that will appear on Google’s search results when someone does a search for health products. You pay every time someone clicks on your advert. Let’s say Google charge you 20 cents a click, and for every 30 people that click you get a sale of, say, $40. As long as you are in profit with the results, it can be well worth doing. However, I strongly recommend that you follow the experts with this method, else you could waste a lot of money. Read my ebook before you get involved.
Following are (5) steps to starting a successful google adwords campaign.
Step 1- Gain Basic Knowledge
Before you attempt to start making money with adwords you first need to educate yourself. You need to understand how adwords and pey-per-clicks work. Google has an informative site that provides demos and guides to learn the basics of how it works on their webpage. There are also numerous ebooks on the topic. However, make sure that the authors are credible, experienced, and professional experts. These experts share a wealth of information, tips and strategies.
Step 2 – Open a Google Adwords Account
After you understand how google works then you are ready to open a google adword account. Google has minimal costs to get started. Google will take you through several steps in setting up your account.
Step 3- Write a Creative Text Ad
You will need to create your ad. The purpose of the ad is to get as many people to click on it as possible. You want to stand out from the rest. Before writing your ad, study your competitor’s ads. Then write several different creative text ads and test each one to see which one has the highest click thru rate.
Step 4- The Keyword List
The keyword list is crucial. The right list can be the difference between success and failure so you will want to build the most efficient and focused keyword list. The more focused your keywords are the more targeted and interested the visitors who click on your ads will be resulting in more purchases. However, the more general your keyword list is the more visitors not interested in what you are selling and this can easily and quickly use up your advertising budget.
Step 5- Setting Your Budget
Google will ask you what is the maximum you would like to spend, on average per day and what is the maximum you are willing to pay each time someone clicks on your ad. Set your maximum budget at an affordable and comfortable level and never spend more than your visitor is worth.
These are the five basic steps to get you starting towards google adword success. As you practice and gain experience with adwords, you will keep improving your campaigns performance. And as you performance improves you will get more targeted visitors that will result in more sales.
- Affiliate Marketing
Affiliate marketing can work well with google Adwords advertisement or only through your blog page. This is where you send buyers to other people’s websites and get generous commission on any sales made. The sales are tracked by way of a coded link. You don’t need to buy stock or send items to customers, the website owner does all that. This can be a superb way to make money once you understand it.
- Make money on eBay
Selling on Ebay is another way to make money online quickly. You don’t need to sell stuff from your loft, you can sell whatever you are most interested in – so, if you love sport, why not look into selling sports-related items. If you make jewellery, sell that. If you love dogs, sell dog-related items. Again, there are tricks of the trade that will make the difference between ebay success and failure.
My best advice is to do what I did and copy those who are already making money online. Why? Well, you can avoid waste lots of time and money this way. I spent/wasted long time trying to figure out the best ways to make money online and the result is, many methods can work but not always as fast as you may wish. So, you can get started with the methods that make immediate cash and then progress into other methods if you want to earn more.
Some people make six figures A MONTH online, while others just want a few hundred a week. That’s the great thing about making money online, you can build up to whatever income you want, and let’s face it, there aren’t many jobs that offer you that!
If you want more ideas and ways to help you make money online and start your financial freedom journey; check out our other blog post covering Easiest ways to start making money online today.