How can I start an online business and generate revenue with it?

How can I start an online business and generate revenue with it? 

  Well you can start a lot of online businesses and generate revenue with it! The most known ones are affiliate marketing, E-commerce, dropshipping,..etc.

  First you want to make a plan and build your brand.

  Now to keep it super simple if you want to start we will go through the minimum steps to get started.

So here are the minimum steps to start an online business and starting to generate revenue with it:

•        Build a list
•        Setup the Follow Up (Automated Emails for your subscribers after they     sign in with value and offer)
•       Create a Funnel (Landing page + Thank you page)
•       Start with a traffic method and get good at it.

   This would be the minimum and after you can build a website and scale your business.

   In other words we want to have this:

Traffic => Funnel => Follow Up => Happy Customers! :)

   For a quicker success you should work with someone who did it or a community that helps you, because especially in the beginning it can be overwhelming!

 

   I recommend to get my Free E-book created to explain in more details on the Basics and some Tips and Tools to get started HERE. 

   You can start with a little investment to build an online business, not like if you build an offline business. After you will scale it up, but just master the basics!

Hopefully you made an idea about it! :)

Again, if you want to learn more and know which tools to use so you can get automation and start creating the business you deserve you should CHECK my FREE Report HERE!

Wish you all the best in starting an online business and generating revenue from it! :)

To your success,

Daniel

What Is Affiliate Marketing and How Does it Work?

What Is Affiliate Marketing and How Does it Work?

   Every business desires to make profits by getting as many customers as possible and in the process increasing sales. There are many ways to drive sales, and one of them that is very convenient and preferable to many entrepreneurs is affiliate marketing. Some people are familiar with the term because they've probably heard it thrown around from different quarters. So what really is this type of marketing and what does it entail?

    In simple terms, it is a form of internet marketing where the affiliate (person referring 
customers), signs up for a merchant's affiliate marketing program. The affiliate then 
recommends the merchant's products to customers and earns a commission on every sale 
made. It's similar to what used to exist before internet marketing became mainstream; 
where sales representatives would go out and get customers and then be paid a 
commission for every sale made. To some extent, this type of marketing also intertwines 
with some internet marketing methods because affiliates use conventional advertising 
methods to create product awareness. Some of these methods include making use of 
search engine optimisation tools, email marketing and pay per click.

Get my Free 

"Internet Marketing Basics For Beginners" E-book! 

  Affiliate marketing should never be confused with referral marketing as is often the case 
because the two are very different. The main motivation behind affiliate programs is 
financial gain as a way of driving sales while referral marketing uses personal relationships 
and trust to increase the amount of sales. By relying on loyal existing customers and 
business connections, a business can use referrals to increase revenue generation. In 
affiliate marketing, you only get paid commissions when you bring in customers and they 
actually make purchases.

    This marketing program requires the affiliate or publisher to use an affiliate link anytime 
that they mention the advertiser or merchant on their website. When a potential customer 
visits the affiliate's website and clicks on the link, he or she is taken to the merchant's 
website. At the same time, a cookie gets dropped on the customer's computer. The 
customer then makes a purchase from the merchant's website. As he logs out, the 
merchant finds a cookie that belongs to a specific affiliate and thereafter makes a credit for 
the sale in accordance with the initial agreement. For transparency purposes, the merchant 
avails reports showing breakdowns of the amount of traffic from the affiliate's link and the 
sales made. This ensures that the publisher is paid his rightful dues without being taken 
advantage of by the merchant. The commission payments are usually made after certain 
period of time, on most occasions on a monthly basis. At least that allows the merchant to 
receive a reasonable amount as opposed to the payments coming in small bits.

  The most common compensation method is the one described above where the affiliate is 
only paid commissions for actual sales made. The cost per click method of compensation is 
not favoured by many merchants because there is always the danger of the marketing 
program not resulting into reasonable sales numbers. An affiliate can also just sit around 
and earn money for actually doing nothing. Affiliate marketing is sometimes referred to as 
performance marketing because of the compensation method.

To make it simple Affiliate marketing is the process of earning a commission by promoting other people's (or company's) products. You find a product you like, promote it to others, and earn a piece of the profit for each sale that you make.

   Hope you have a better understanding about affiliate marketing and how it works! :)

   If you want to learn more about how you can also start earning with affiliate marketing, then you should check this Free E-book HERE!

P.S. Feel free to comment below and tell me what you think about affiliate marketing!