subject: How To Make Money From Home One Of The Best Ways To Get Started [print this page] If you are wondering how to make money from home, you can consider affiliate marketing. Affiliate marketing is probably one of the best ways for you to start making money on the Internet.
So, what is affiliate marketing?
Affiliate marketing simply means you are selling someone else product for a commission. It can extremely lucrative, depending on what kind of products you are selling.
For example, you can sell a digital product and be paid a commission of as high as 75%.
What is a digital product?
It is important to explain what a digital product mean. Some people mistake it for digital cameras. That's not true. A digital product refers to a product that you can download to your computer. Ebooks and softwares are considered digital product.
The reason why you can get paid 75% commission for digital product is because there are no inventory involved. That's is why it can be quite lucrative to promote digital product.
Let say you are selling a ebook that cost about $39. With 75% commission, you will earn about $25 per sale. If you can make 4 sales per day, that will turn out to be $100 per day. If you are living in countries with lower cost of living, that can easily be a full time income.
Of course, you can also sell physical product but the commission will be much lower, typically around 5%. However, selling physical product can also be quite lucrative if you pick the right product to sell.
The key here is to sell a product with a higher price. For example, you can sell a $2000 labtop. That will turn out to be $100 per sale. You just need 1 sale per day to make $100 per day.
But how can I get started with affiliate marketing?
To get started in affiliate marketing, there are certain skills you need to learn. One of the most important and foundational skills you need to learn is how to build a simple one page website.