Let’s say that you promote a CB product. I click on your link, I decide to order it and boom! I see that it’s a CB product. Irrespective of your link cloaking, irrespective of any of your actions I still can see that it’s a CB product. Then it’s very easy to find out what the standard affiliate link is, add my CB username, click on my own link, order, and get a “commission”. You get nothing. How is that? Unfair, right?
If you'd like to make money with ClickBank, you're not alone. ClickBank facilitates around 30,000 digital sales each day and has over six million registered users who create and promote digital products. There are two main ways to make money using ClickBank: one is to create your own product and list it, and the other is to skip the product creation step and list other people's products while taking a commission from each sale. ClickBank commission rates range from 5%–75% depending on the product being promoted.
I have been making money online for over a year now. Not in the big time yet, still consider myself to be learning my craft. I was doing it really ineffectively (using adsense and amazon along with a t shirt affiliate deal) and driving traffic almost exclusively though facebook. Probably averaged about $800 a month over the last year, mostly because Christmas brought an absolute ton of t shirt sales)
In my case, I literally receive hundreds of e-mails and messages everyday asking for my help, advice or to mentor people. While I wish I could help everyone and had an unlimited amount of time, it's unrealistic for me to think that. That's why I decided to create coaching programs for those that wish to work with me 1-on-1 or at least in a group coaching format. This is the best way for people to get access to me and for me to help them. As a result, I've been able to make additional income month after month by offering my services as a coach and consultant.
If you want to start a blog, then go for Blogger and create a free blog. However you will have to optimize your blog for Search Engines in order to drive free targeted search engine traffic. Similarly if you want to start a website then it will cost you money, because you will have to buy a domain and webhosting. Here is detailed free course on how to create a blog.
If you really wanted to make the list even more exhaustive, you could also discuss the various biological money-making methods (e.g., sperm donation, egg donation, etc.) and/or go into the more technical (e.g., hosting websites on one’s own server, building computers for others, etc.). Also, you could potentially explore those well-known money-making ventures, such as trading on the stock market, which are seemingly difficult to enter into by their apparent complexity by listing various online instructional tools which assist novices looking to get involved in them (e.g., Investopedia’s online simulator to prepare for buying/selling stocks). Sometimes those methods of making money which appear to be the most difficult are, in fact, relatively simple once you understand the underlying conceptual framework – many people just don’t realize this.
There's always people that prefer to work with someone 1-on-1 and require that personalized attention and feedback to get to where they want to go. Some people don't just want to “read the manual”, but want someone to SHOW THEM HOW TO DO IT and guide them every step of the way. They want accountability. They want access to someone that can answer their questions and give them that feedback that can make a huge difference in their lives. This is the fastest way for anyone to achieve results and to get to where they want to go.
The final way that I make money online is through coaching and consulting. Coaching and consulting was one of the first ways that I monetized my blog and is often one of the easiest ways to make money online, if you have the following and visitors. When you're an expert or authority in your market, people will often seek you out for help and advice.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
I've also personally hired and worked with so many coaches in my own life and received so much value from them. I know I wouldn't have the success that I enjoy today if I tried to do things on my own and didn't make those investments in my self. I continue to find coaches and mentors that I can learn from, in all areas of my life. It's the fastest and easiest way to get to where you want to go. Just find someone that's done it and do exactly what they say. It's pretty simple.
First, look at the products you already use. And remember, by promoting a product, you’re putting your own reputation on the line. Say your site, email campaign, or social media platform caters to new entrepreneurs – it’s a given that these entrepreneurs all need websites. Products related to webhosting or theme development are both great candidates and can be big earners, especially if you communicate your positive experiences. In comparison, trying to sell a weight-loss program on your business site would probably be a real turnoff for your audience, as it would be out of context.
Become a virtual assistant. Virtual assistants are independent contractors who perform administrative services for small-business owners, medical and legal offices, and executives. Among other things, virtual assistants plan events, make travel arrangements, correspond with clients, and manage data, and they do all of this from home. If you decide to become a virtual assistant, consider joining the International Virtual Assistants Association to gain access to networking opportunities and potential employers.
Affiliate commissions – I wanted to attend conferences to help me learn and grow. Many of those conferences offered an affiliate fee. One of the first I attended was Mark Victor Hansen’s MegaBook University. The price was $995 and I got a 30% affiliate fee. I promoted it to my little group of friends, told them I’d buy them dinner, and had 12 people join me there. I paid full price for myself, half price for my son and had flights and hotel expenses = $2500 and bought dinner for those 12 folks for another $300. So I invested $2800. But a week after I got home I got my affiliate check (33% of the 12 attendees = $3582) Deduct my total expenses and I got to attend the conference for free and netted a $782 profit. I’ve done that more times than I can possibly remember with conferences, courses and programs. We now conduct our Coaching with Excellence conferences and have affiliates who do the same as I did.