4 Steps to Make Money Online Working From Home

[ad_1]

So you have decided that you want to  Make   Money   Online  with your own Work From Home Business, that’s great and I wish you well with your new endeavors, however there are many pitfalls out there and it can be a minefield full of traps to the inexperienced or the newbie. If I may, I would like to  make  some suggestions and or recommendations to help you avoid some of the traps you will find along the way thereby saving you time and  money .

1. Getting Started

Work out a budget, set monies aside for Computer equipment, Internet connection, furniture, stationary, Program purchase and set your goals,plans and intentions – Are you doing this for a hobby, an interest or to generate a part time or full time income?

Set up a spare room as a basic office to start with or a section of your garage. Make it as comfortable as possible because you will be spending a few hours each day in there. Ensure you have some natural lighting plus heating and cooling equipment for changing weather conditions.

There are words like focus, self discipline, positive attitude, self drive, motivation, inspiration, determination and direction – they are all important and you will need to understand them all to be successful with your Work From Home Business as you will be working by yourself some hours each day, may I suggest at this point you locate two free E-Books online, Thinking One’s Way To Success and The Science of Getting Rich. Do a Google search for free e-books.These two E-Books will provide you with self drive and motivation to get you going and keep you going.

2. Identify What Product or Service You Will Promote and Sell

The next step is to decide what Product or Service you will sell or promote. Where do I source the Products or Services from? What cost is involved? How do I find out what is popular and whats selling? Do I want to carry stock? How much stock will I have to carry? Whats the stock value? Do I need stock insurance? What’s the quality of the stock? Are there product guarantees? What about faulty returns? Am I out of pocket? Do I need to deal with irate customers? Do I need a website? How do I build a website? Whats the cost for hosting my website? Can I avoid a website and still  make   money   online ? How do I work out a profit margin or a return on my investment? What is the simplest, straight forward and most cost effective way to  make   money   online ? Is there a Program that requires a one up payment only as there are many Programs requiring a start up cost followed by a secondary cost and so on?

I decided against products as they are too bulky and costly, I researched many online services and found a website and hosting costs were required, this too was costly, I researched Commission Junction, Share A Sale, Pay Dot Com and Clickbank which collectively contain thousands of information products but how do you know which are the most popular and which ones are selling like hotcakes ?

Decide on an information product that you would buy if it was offered to you, this makes it easier for you to promote and sell.

Also decide on a product that provides you with multiple income streams. There is one  online  program that provides 22 different ways of  making   money   online  or 22 different income streams.

Once you have decided which product you will promote, I suggest you do a Google search for Scam sites and check that your new product is not listed as a Scam because online statistics advise 90% of all online products and services are scams, so doing a scam search is most important.

3. My Website

If you have selected a product from Clickbank or the other above sites, you would have established your hoplink web address and signed up as an affiliate thereby avoiding the costs of establishing and maintaining your own website.

You then go to Go Daddy and set up and register your own domain name which costs approximately $10.00 per year. You then set up forwarding from your hoplink web address to your newly registered and established domain name which now becomes your own web address that you promote all over the Net which if done properly will generate sales of your new information product and in turn will generate an online income for you.

4. How Do I Promote and Sell My New Product?

The main information website that you have decided to promote will contain marketing and promotion tools to help you with your advertising campaign, make sure you copy this information and follow all suggestions and recommendations to help you to make sales.

To generate an online income, you have to advertise, advertise and advertise and then advertise some more.

To help you achieve sales and if on a budget, I suggest you commence by doing a Google search for free ads and free Ezines to start with. Use your marketing tools to help with the wording for your advertising, then make submissions to chatrooms and forums.

Once you start  making   money   online , you can then become involved with the Pay Per Click advertising websites.

* I wish you good fortune,

[ad_2]

Source by Anthony Laidlaw

Reply