How to start an online business – Partnership To Success

Making money online

If you’re serious about making money online, than you are on a good way to change your life when you learn how to start an online business. There are lots of things to take care of, though.

There are numerous ways you can earn online today, because the Internet made it possible for anyone, anywhere, to make it. It does not matter where you live, you always have access to billions of people online. As long as you have your Internet connection working, you’re good to go.

Ways to earn online

There are literally unlimited options for anyone wanting to enjoy the Internet earnings. From offering your services as a freelancer (rest assure that you have skills that someone needs) to creating your own products and everything in between.

For the needs of this short post, we’ll just mention a few of the easiest and most lucrative methods.

Creating your own digital products

Having a product of your own is for sure the best possible method to earn online and learn how to start an online business.

It can be a digital product, like an ebook, or even just a report about something you know. I can guarantee you that there are thousands of people that are searching for this information on Google right now. Because of that, all you have to do is find them somehow, and you’ll make some money. Of course, it’s not as simple as it sounds (why should anything be simple….), but you know what I mean. Using advertising, both free and paid (like Facebook and Google ads), you can gather a base of people that will trust you and buy from you.

Usually the biggest downfalls of this method are the need to actually create a product, which is not always easy, and support it later on. This can take lots of time and nerves and many marketers simply do not have what it all takes. So even if they have the knowledge they could share, they opt for an easier way.

Selling as an affiliate

Being an affiliate means you promote products that someone else created and you get paid a commission for every sale you initiate. This comes without the need of creating anything, other than your own marketing materials, and without any support work. Vendors support their own products, and your job is to send interested people to their sales pages. That’s it. You can easily learn how to start an online business as an affiliate also with the help of this free webinar.

For your sales, you get paid commissions that are usually in the range of 50%, but can often be as high as even 100% of the sales. What this means is that if you drive enough traffic to an offer that sells for $97, you’ll get paid $48 out of every sale. It’s not bad, it’s actually a very good business and there are millions of affiliates in the world today.

What’s really bad with this business model is that you find yourself constantly cometing to hundreds and even thousands of other affiliates who are promoting the same offer. This way, advertising can become expensive, the outcome is not always clear soon enough, and you have to come up with creative marketing ideas all the time to stand out of the crowd. Which all can lead as far as being really similar to a real job, which is rarely a goal of anyone wanting to earn online. Remember that “laptop living style”?

Which business model is better

If you have the skills, I can safely say that being a vendor is much better. There are numerous reasons for that, but I won’t go much deeper.

Simply put, when you’re a vendor, you can recruit your own army of affiliates to do the selling. This leaves you to take care of the support and development of the product only why other people bring in traffic (sales). Of course, it can cost you a lot. As mentioned, you have to pay commissions to affiliates, and if you want to be aggressive, you’ll end up earning 20-30% of the sales price. This can be too low to continue the development and support, and you’ll find yourself quiting on the product. This will in turn make your affiliates unhappy, and of course the existing customers as well.

So you have to be prudent about what you do.

What is the right way to start an online business

There were times (some 15 years ago) when someone could just go and use the good old “trial and error” approach. So landing pages could be created, and if they didn’t work, others were replacing them, and so on. Marketers were learning on-the-go, and each new approach was a bit better. Many marketers made huge amounts since then.

Nowadays, however, things are moving much faster in the online community. The number of products created is unreal, and the number of people trying to sell them is high. A mandatory thing is to have the knowledge to do the marketing right, and this means lots and lots of learning. Just think about creating sales pages, writing sales copy, creating graphics, advertising on platforms like Facebook and Google… If you want to learn all this by yourself, you can. But I don’t think you’ll succeed anytime soon, because when you fell you know enough, things you’ll know will already be outdated and will not work anymore.

For that reason, it’s mandatory to shorten the learning curve as much as possible. The most important piece of advice I can give to anyone is to do what the successful people do. Copy and paste, so to speak.

For this, it’s best to attend a few webinars that will show you the way. Don’t think you’ll get this knowledge for free. People selling trainings have done what I mentioned earlier, they learned how to do it. And they will not just give everything they learned for free, it’s for sure. But if you have some budget, you’ll find many opportunities online.

Join a free webinar by John Thornhill

John Thornhill is a bit of a legend on Clickbank, one of the leading affiliate sites in the world. He’s made so many sales there, both as a vendor and as an affiliate, that we can safely assume he is one of the people we should listen and learn from. His main training program is called Parthership to Success and is one of the best-sellers on Clickbank.

If you want ti read a bit more about it, you can do so in THIS POST (review).

John is showing some of the juice in this free webinar that you’re invited to join. It takes some 30 minutes, and you’ll learn a few things about making money online in this time. Of course, you always have the chance to join his training program, which I recommend. Take some time and see this for yourself, you’ll understand quickly what I’m talking about. Just click the button below and enjoy.