Best way to start earning money?

32 replies
Hi

If you would have 50$ start money and you need to start earning money in Internet. What would be the best way to earn money? Please give also your reason for that way and the estimate revenue that would be possible to get at beginning.
#earning #money #start
  • Profile picture of the author Shane N
    Save your money and create yourself a free blog with Blogger.com. (free)

    Pick a niche market, then, find a product to promote as an affiliate at Clickbank.com. (also free)

    Write a review of the product and post it on your blog and make sure to include your affiliate link at the bottom of the review post. (free)

    You can use article marketing to drive targeted traffic to your blog. (free again)

    This traffic will potentially convert into sales depending on how compelling your review is, how good the product/sales pitch is and how hungry the market is for the product you are promoting.

    You can also offer to give away a free report (that you wrote or have the resale rights to) in exchange for your viewers' email addresses. Building a list and developing a relationship with your subscribers is one of the most important and profitable things you can do in IM.

    This is a very brief and vague explanation and obviously there is no way to calculate an 'estimated revenue' but you can have excellent results if your blog, reviews and articles are all done the right way.

    There is a plethora of information that goes into detail about how to perform each of these tasks right here on the Warrior Forum!
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    • Profile picture of the author affilcrazy
      Yeah as Shane has said save your money, read the forum and then take action!

      As you are just starting out - make a plan for say the next 30 days.

      The best thing to do is to spend a day or 2 going through relevant posts here on WF. There are literally 1000s upon 1000s of threads aimed at newbies looking to get into IM.

      Then you want to pick a niche within which you wish to research and write about. I have always been told that health, wealth and relationships are the most popular with the most active "buyers" on the net. Then dig into your niche and find a specific problem that needs to be solved, this could involve visiting relevant forums (go to google and type in "niche" + forum), Yahoo answers, etc.

      Once you have found a "problem" that needs to be solved within this niche, you can look for an affiliate product to promote..Clickbank, Paydotcom, Commission Junction. If the product has a free report, sign up for it. Infact sign up for a few free reports, newsletter, etc. Spend a week studying the reports and newsletters, until your head is full of information on the actual subject.

      Then go over to Travis's Bum Marketing Method and read and learn about the importance of long-tail keywords and how to find these.

      Again as Shane mentioned, go to blooger.com and write a review on the product you wish to promote with your link to that product at the bottom. Then spend the rest of your 30 days, submitting articles to the top article diretories (Ezine articles, go articles, squidoo, hubpages) using the information that is welded into into your brain from all the research you have done in the previous week and the knowledge from Travis's Bum Marketing about long-tail keywords.

      Have something as simple as statcounter.com on your blog, so that you can gauge the amount of visitors and review at the end of 30 days your results look at what you need to do to improve.

      That is a simplified version, but as i say, there are many threads here that will go into huge detail and guide you step by step!
      Signature
      "There is no fixed teaching. All I can provide is an appropriate medicine for a particular ailment" - Bruce Lee, Tao of Jeet Kune Do (on Zen)
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      • Profile picture of the author DominicTFY
        I agree with several Warriors... fastest and friendliest way is to do bum marketing
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  • Profile picture of the author zeurois
    $50 is not much as for investment. So I'd suggest what Shane Natan did. However, if you still want to spend them, the best investment is a domain name (of course, if you already know what you want to do with it .. if not, spend some time in finding your way first)
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  • Profile picture of the author Johnathan
    There are so many different ways, is really an open-ended question. It also depends on your personality. Are you willing to take a risk? Are you looking at promoting everything for free, are you willing to pay for paid advertising, are you willing to put time into creating your own product, or do you sell someone else's product?

    Because really, you actually can make money online, without spending a dime. However, when most people get serious, one of the first things they usually do is pay for domain hosting and domain name, so that is where your first $20 should go. After that really depends what direction you want to take it. If you create your own product, and you really don't need to use any more money than that. Unless of course, you need other software or services to create it, but then you would be spending more than $50
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  • Profile picture of the author Pat Ordenes
    or, you could see if a warrior will do what Shane suggests, for fifty bucks!
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  • Profile picture of the author Lokki08
    Thank you guys for sharing your opinion. I have tried the method of Shane but without any success. My biggest problem was traffic. Now I'm looking for mentor who would sit down with me and explain and teach me.
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    • Profile picture of the author DominicTFY
      How many articles did you write before you declared that it didn't work?

      Originally Posted by Lokki08 View Post

      Thank you guys for sharing your opinion. I have tried the method of Shane but without any success. My biggest problem was traffic. Now I'm looking for mentor who would sit down with me and explain and teach me.
      Signature
      >> Article Submitter -- Distribute Your Articles To The Top Article Directories And Boost Your Traffic By At Least 25%... In Just 5 Minutes!

      >> Link Building Automation
      -- We Build PR4+ Backlinks to Your Websites Each Month! [Raving Reviews!]
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  • Profile picture of the author SDG-Nick
    I will gladly assist you by promoting our product if you want Lokki, PM me if interested.
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    *** I earnt $479,000+ Online from 2009-2010 with ONE Web Site! ***
    Read my Personal Internet Marketing Story and see how i did it!
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  • Profile picture of the author Ashley Wright
    Totally agree with Shane, you would be better of going for the free options to start with, $50 is nothing really to get going with so building. You would need to write a fair few articles to see results.
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  • Profile picture of the author wbrant
    Well I'm going to go against the grain here. It seems as if "traffic Exchange" is a bad word around this forum but I know of several manual exchanges that I use that give me (and other) results

    So I would find a couple of sites I didnt mind surfing at, take the $50 and spend $19.95 on my first months autoresponder service. another 10 - 20 on some type of traker and use the rest on some coffee.

    Now create a simple squeeze page targeted at traffic exchange users, add your autoresponder code to it and start surfing track your results, tweak your page, add some follow ups with your affiliate links to the autoresponder.

    Drink coffee rinse repeat

    It may take a bit of work to get started but if all you have to start a business is $50 than you should be willing to put in some effort.

    After 30 days you should have built a big enough list that you can market to to cover expenses for your autoresponder + more coffee and then some do this for a few months and you have a decent list and spend your time looking for other ways of driving traffic to your squeeze pages.
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    • Profile picture of the author Lokki08
      Thanks Brant

      I have done like that and my list is growing up . I'm little bit happy for results because I didn't expected to get good results with that kind of way. So I have my website where I promote a product for free. And I'm helping my readers to have active list and earning money according to my experiences.

      In 3-5 days I have had over 30 subscribers but I haven't invested but only $30 for advertising.

      Originally Posted by wbrant View Post

      Well I'm going to go against the grain here. It seems as if "traffic Exchange" is a bad word around this forum but I know of several manual exchanges that I use that give me (and other) results

      So I would find a couple of sites I didnt mind surfing at, take the $50 and spend $19.95 on my first months autoresponder service. another 10 - 20 on some type of traker and use the rest on some coffee.

      Now create a simple squeeze page targeted at traffic exchange users, add your autoresponder code to it and start surfing track your results, tweak your page, add some follow ups with your affiliate links to the autoresponder.

      Drink coffee rinse repeat

      It may take a bit of work to get started but if all you have to start a business is $50 than you should be willing to put in some effort.

      After 30 days you should have built a big enough list that you can market to to cover expenses for your autoresponder + more coffee and then some do this for a few months and you have a decent list and spend your time looking for other ways of driving traffic to your squeeze pages.
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  • Profile picture of the author David Raybould
    Yeah I think article marketing is going to be the best way to go if you've little $$ to spend...

    Heck, sometimes it's the best way to go even when you do have the cash to promote other ways...

    Do some searches here on the forum for article marketing...you'll turn up some real valuable tips...

    Hope that's useful,

    David
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    Whatever you need, my high converting copy puts more money in your pocket. PM for details. 10 years experience and 9 figure revenues.
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  • Profile picture of the author SeanSupplee
    Pick up a aweber account
    Get a Squeeze page designed for something like network marketing
    Promote that squeeze page and start building your aweber list
    Find products to promote to your list.
    Easy as that and it works
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  • Profile picture of the author laurelwachtel
    You want to research it more thoroughly, but Shane's suggestion is an ideal way to start generating a great income on the internet at a very low cost for sure! Affiliate marking is the easiest and most efficient way to generate an income when properly instigated!
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  • Profile picture of the author keithdougherty
    I would agree with Shane, and yes I would invest $10 and get my own domain. There are free webhosts out there so you can have a home on the internet.
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    • Profile picture of the author philbowman
      I would also agree with Shane, along with more research in Affiliate marketing. Spend some more time here on the forum.
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  • Profile picture of the author dennis19601
    1st go to clickbank and find something that has a fairly high gravity and high % referred, sign up and get a hoplink for the product, after you sign up most of the products will give you tools or promo material, then go to homeblogbusiness.com Home Blog Business[/url] and make a free account and follow the training(also free) to get a good start.

    the most important thing is to know you need to invest either time or money (less money? More time! and more work, don,t try to get that money maker goldmine all at once, do it in little bites. and don,t give up!
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  • Profile picture of the author rondo
    Buy a domain name and get a web hosting account so you have your own web site. You can get a year of multi-site cpanel hosting for less than $50 here and here. Install a wordpress blog and post some product reviews with affiliate links, then spend your time building links to your new site with article marketing, social bookmarking, Squidoo lenses and directory submission - all free.


    Andrew
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  • Profile picture of the author paul nicholls
    If you only have that amount to start with then i would concentrate on

    to be able to get the most out of these resources you must do some good keyword
    research first - specially if you use squidoo

    articles - make as many as u want, their all free making sure you choose a good keyword and def make sure you anchor the keyword that your trying to opimize for

    squidoo - promote some clickbank products on here

    youtube - videos and its all free

    yahoo answers - and strategically promote affiliate products

    google groups - again be very professional and offer info and leave the occasional affiliate link

    i have plenty more but these should make you enough if used correctly
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  • Profile picture of the author gerrihabib
    Marketing for free is always a better alternative, Shane has a great idea that can be easily implemented and you could save your $50 by spending on hosting down the track or some targeted pay per click advertising! Top post Shane!
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  • Again like other people have said I agree with Shane. This is the way I started and it works. The big thing is you have to really dedicate time to this. just like going to work or school you have to put in the effort to see the results. Good luck in the future
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  • Profile picture of the author mikeb209
    I agree, definately get a hosting a domain name first.
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  • Profile picture of the author Samuel Lee
    Would agree with most posters that Shane's idea is a terrific one! You would also want to do some extensive research on what is working and viable in the niche you have selected to make sure that you can convert as much interest in the niche you have to a product as soon as possible. Selecting a sub- niche in the health industry would be a great way to start generating interest in your free sources!
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  • Profile picture of the author Kunle Olomofe
    Go ahead and follow Shane's advice, at least to get the ball rolling, but then rather than SAVE that 50 bucks (it won't do anything hiding in your wallet), go ahead and spend it to educate yourself, a good start is to spend $37 out of it to join the warrior forum's private War Room http://www.warriorforum.com/war-room...e-discussions/

    You will find even more on point ideas and advice in there, perhaps even a war mentor.

    Cheers,

    Kunle
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  • Profile picture of the author athMa
    go with autoblogs set them up in like few hours - enjoy the cash for a long period of time.
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  • Profile picture of the author thegadgetblogger
    Wow, some great ideas here. I'm new to all this and thought (like with other kinds of forums) I'd get shot downin flames for asking such an open question. You guys really are helpful! Keep it up guys. I hope to be one of the advice givers one day!
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  • Profile picture of the author babarapho
    simply stick to shane's advice and give yourself 30 days. Invest your $50 in either Aweber or Getresponse and start building your list. To build your list there are several free e-books that you can use.
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    • Profile picture of the author rahulchandra
      Originally Posted by babarapho View Post

      simply stick to shane's advice and give yourself 30 days. Invest your $50 in either Aweber or Getresponse and start building your list. To build your list there are several free e-books that you can use.
      I think you are better off list building for now if you are just starting out.
      once you get a grip of your niche and have a steady traffic, then start capturing your leads' email addresses, otherwise you can end up with no list and a monthly rental of $20( although keep in mind that list building is crucial but it varies from niche to niche)
      For now i would suggest starting with article marketing and other free methods like blogger blogs.
      if you want you can invest the money to buy a domain but then you would have to buy hosting too if you are brand new( and that's another investment)
      Cheers!
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      • Profile picture of the author delac23
        Yes, I agree that article marketing should be the best way to start

        Originally Posted by rahulchandra View Post

        I think you are better off list building for now if you are just starting out.
        once you get a grip of your niche and have a steady traffic, then start capturing your leads' email addresses, otherwise you can end up with no list and a monthly rental of $20( although keep in mind that list building is crucial but it varies from niche to niche)
        For now i would suggest starting with article marketing and other free methods like blogger blogs.
        if you want you can invest the money to buy a domain but then you would have to buy hosting too if you are brand new( and that's another investment)
        Cheers!
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