The ability to work from home for free, run your own home based business without the lump sump of start up money like so many other business models out there, sound impossible?
Well it isn’t, in fact, it’s not that unheard of, you and thousands of other people all across the world are looking for ways to make this is a reality.
- If it’s a job you just can’t stand anymore
- A boss you can’t take another day with
- You want to spend more time with your family
- Or you just want to be financially independent
Whatever your reason is, it motivates you enough to pursue this route for an alternative lifestyle and you need to change something today.
I mean why else would you be looking for ways in the first place if you didn’t want change?
The thing is, not most business models are necessarily cheap to start up, if it’s purchasing inventory, costly software, or hiring employees, it can start to add up quick.
It can all be a little overwhelming, especially for those who have never ran or started up a business before.
So why am I telling you this? I’m trying to bring to your attention that not just any business model will do, you need something that is free to start up and can be done from the comfort of your home.
So it’s time to start evaluating your options.
Evaluating your options
So we’re looking for something that is not only free to start up, but can be run from the comfort of your home.
That means no expensive inventory, costly software, pretty much anything that’s going to hurt you bottom dollar to get you started making money.
So what’s left?
You have PTC programs, freelance writing, telemarketing, a fair amount of options, but there are some other aspects to be considered as to why one option may be better than the other.
Besides that of being a free at home business, there are two other determining factors to be taken into consideration as to why something is or isn’t going to work out.
Time and Money. You want the money you are getting out of something to result in the effort put in, or even perhaps the money exceeding the effort, but never the other way around.
You don’t want to be spending countless hours putting effort into something while only getting pennies in return, there would be no point! You could just pick up extra hours or get a second job if that was the case.
We want the maximum amount of dollars for our time spend doing something.
So what do I recommend for a work from home free business plan?
Affiliate Marketing! It’s a lasting business model that has been around for years and has created steady incomes for thousand of people all around the world.
- It’s easy to learn and quick to get set up
- It’s FREE to start up!
- Would take a fraction of time your current job takes out of your day
- A couple hours of work one day can result in months or even years of continuous profit
- It can all be done from the comfort of your laptop, anywhere you choose
So what is Affiliate Marketing and how does it work? Let me give you a brief little “how to” on how it all works.
Affiliate Marketing 101| How it works
Now before we get into the details of it all, lets answer the initial question of “what is affiliate marketing?” for those of you who are unfamiliar.
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate’s own marketing efforts.
In lament terms you get paid for referring people to a sellers product or sales page, you market a product or service which than attracts readers, you then refer these readers to the seller, they make a purchase, and the seller pays you a percentage for getting them the sale, simple!
You refer-> Reader makes a purchase-> You get $$$
You don’t have to purchase any inventory, handle customers, shipping, none of that, you’re there just to refer and beyond that is the sellers concern.
Affiliate Marketing at it’s core can be broken up into 4 simple steps.
- Choosing an Interest- This can be a hobby of yours, a favorite past-time, a passion, almost anything that holds an interest with you.
- Build a Website- Sounds intimidating right? No worries though, nothing complex about it, and I got you covered!:)
- Get Rankings & Visitors- The lifeline of your business, these are the potential customer base for your sellers, so the more rankings & visitors, the more $$$. (very important stage)
- Earn Revenue- And finally the motivator for it all, getting paid!
This isn’t just some little side business, Affiliate Marketing earns full time incomes for thousands of people all across the world and is still a thriving industry!
Think about it! How do you think all that information on the internet got there?
Someone had to write it! And they’re certainly not doing it for free!
Every health post, blog review, news article, fashion clipping, whatever it is, someone’s behind it and they’re getting paid to do it!
With every ad you view, link you click, and product you purchase threw their site, they’re making money!
Now all we have to do is learn how we can get in on our slice of the pie, so lets get into it.
Choosing an Interest| Opportunities
The thing I love most about online business is you’re not limited like most physical business, you’re not bound to a certain location with a certain target demographic.
With online business you have the largest growing customer base in the world, 3.4 billion and growing to be exact!
That’s nearly half the worlds population at your finger tips! You are given the opportunity to tap into potential markets and establish customer bases you would have never been able to establish with a physical business.
With every new user, product, debit card purchased, service offered, term searched, are new opportunities for you to grow your business. Times are truly shifting to a new era and you might as well hop on the wagon now before you get left behind.
Like I said earlier your interest for what direction you want to go in can be almost anything, maybe it’s a hobby you’re passionate about, an interest you have, or something you find interesting, it can be beauty, health, craftsmanship, traveling, almost anything! No category is to narrow and opportunity to slim.
Here’s some ideas to help get those creative juices flowing if you’re having trouble.
As you can see just about anything, so don’t get to caught up on the idea something is to narrow, almost any category can be profitable, and turned into a lucrative business.
Now that we got a little idea on opportunity, lets get into the home where your business will live, your site.
Building your site
Now don’t let this scare you, for some it can sound a little intimidating. Site creation maybe 10 years ago would be, requiring a little knowledge and coding skill but today there are TONS of online programs and templates to choose from to make the process almost automatic.
Why do you need a website? This is going to be the foundation of your business, this is where your readers will read your content (like you are now) and be funneled to the seller.
When a reader searches a topic in the search engine (Google, Yahoo, etc.) your site will be what appears in the results, getting you traffic to your site and more potential revenue for you and the seller.
A personal favorite of mine is SiteRubix, it’s a free website hosting platform powered by Wealthy Affiliate that offers an easy 4 step process from start to finish, from picking a domain name to choosing your design template for your site, pretty much as simple as it gets.
All you have to do is click a button and they’ll take care of the rest for you!
All you’ll need is your name, email, and username and you can start creating your site, no credit card needed.
This is pretty much the most essential aspect of your business, with no site you’ll have no way of attracting visitors, getting traffic, and essentially earning revenue, so you might want to give it a look.
You can start creating your free website by clicking the image or the link for SiteRubix in blue above.
Now we’ll get a little technical here, the meat of your business getting rankings & traffic. I’ll try my best not to bore you to death, so bare with me. Lets make this as quick and painless as possible.
Getting rankings & traffic| The Importance
Now this is the most important aspect of owning an Affiliate Marketing business, this is the meat of the whole process and will effect the amount of income you’ll generate with your site.
More rankings & traffic = more $$$
Less rankings & traffic = less $$$
Pretty simple to understand the importance, but how do we do this?
With your site you are going to need some content, no matter how beautiful of a site you have, if you don’t have anything to offer the reader they aren’t going to buy. People aren’t going to give you money for no reason, you have to give them something in exchange.
You do this by offering your readers some solid information in return. Now lets think about this for a second… how is this going to lead to me making money?
Have you ever wanted to buy a product online but were a little skeptical because you felt you didn’t know enough about the product to make a purchase?
What’d you do? You probably went into Google, Yahoo, or whatever you use, and searched (product name) review, or (product name) opinion, specifications, etc. to find more information about the product.
You came across a blog or page and read a review over the product got a little more insight maybe a customer review from someone who has purchased it and maybe even used a link they provided to purchase the product. YOU MADE THEM MONEY!
Your goal as an affiliate marketer is to offer these readers this kind of information, something they’re looking for or need and in return they use your links to purchase.
Reader searches phrase-> Reads content-> Finds content helpful-> Clicks link-> $$$
So you have rankings & visitors, where do you find these special “links to promote”? You’ll be surprised on what’s out there, you just have to know how to look.
Promoting Products| Getting Rolling
This is where 2 and 2 come together, where you making a website and creating content on the web results in you making money.
You’ve heard me mention the word “link” multiple times throughout this article, but what exactly is it?
Links in affiliate marketing are your way of getting credit for getting a companies sales, this is how they track the amount of sales and traffic you are getting them from an individual ID linking back to you.
Basically it’s a convenient way to get the reader where they want to go while also giving the seller a way to a credit you for the sale.
So where do you find these programs to promote these products? They’re called affiliate programs and you can find thousands of them across the web for almost any category or product.
So if this is a first for you lets just clear the water and explain what exactly an affiliate program is from the very beginning.
An automated marketing program where a Web advertiser or merchant recruits webmasters to place the merchant’s banner ads or buttons on their own Web site.
They’re essentially programs put in place for companies to that offer affiliates, like ourselves, the ability to promote their products or services in exchange for a percentage of the sales price.
A good way to find these programs is by going into Google and simply searching (website category or product) + affiliate program, and you’ll turn up thousands of results.
Here’s a little example I did for all fitness buffs out there on weight lifting. I turned over 300,000 results just for weight lifting alone!
So clearly no direction is to narrow and you’ll certainly won’t find yourself running out of options anytime soon.
A personal favorite of mine is Amazon Associates, it’s Amazon’s affiliate programs and gives you access to over 10,000,000 products, their easy to use and great for beginners, if you’ve heard of it, Amazon most likely sells it.
Once you get signed up and start promoting you’re going to start hearing the term commission a lot.
Commission is just another word for the percentage of the sale you are going to be getting. They can range anywhere from 1 % all the way up to 70% or even in some cases higher (wouldn’t make much sense for them, but hey if they do, more power to us!)
Of course the higher the better, but you don’t want to short change your reader by promoting a poor quality product in exchange for a high commission. Reputation is HUGE on the internet.
You want your readers to trust you, not just view you as another person trying to make a sale on the internet, so choose wisely.
So how do you get started?
So you want to work from home free?
If you want to work from home free you’re going to need some training to get you there.
You should check out where me and thousands of other past newbies got our start in affiliate marketing, Wealthy Affiliate.
Find all the training you’ll need from creating your website, to creating quality content that ranks and converts to sales, to even outsourcing certain aspects of your business.
Not only will you get access to top level training, you’ll also get access to an amazing community of other like minded driven individuals making a living online. You can message and chat with thousands of successful online business owners who will help you every step of the way.
Even myself, yep, you can find me inside helping newbies like yourself start their first online businesses!
I’ve been there, I was once just a broke college kid looking for a way to make a little extra cash online and now here I am, running a full time business from the comfort of my home!
I really truthfully can say it’s a dream come true.
Wealthy Affiliate took me from a broke college kid to a full time online business owner and they can do the same for you!
If you want to learn more or are just a little curious, feel free to click the link in blue above or the banner below to give it a quick look and see if it’s right for you.
If you have any question that need answering or just want to chat, feel free to comment in the comment section below. I would love to hear from you!
P.S. We have a serious Taco Bell addiction and the affiliate links on our site lets us order off the dollar menu. Thanks for your support!