Ideas for making money online with 2k starting capital

16 replies
Hello, WarriorForum gurus!

I'm interested in getting some input on potential opportunities for generating income online.

Some background on my abilities: I'm a web developer, and understand the concept behind SEO/SEM, but I've been out of the loop a while and I know things have changed. I want to get back in the fold, but I'm not really sure the best place to start.

I feel like there is a huge potential for Facebook paid advertising for affiliate marketing, but I'm not familiar enough and don't want to waste money learning the hard way.

I'm willing to purchase a well rated courses if recommended, or even swap programming work for some kind of mentorship..?

Thanks in advance for any ideas and course recommendations!

#capital #ideas #making #money #online #starting
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  • Profile picture of the author DIABL0
    For Facebook ads check out Nicholas Kusmich and Cat Howell.

    As far as affiliate marketing goes...not a course recommendation, just a suggestion.

    I've been promoting affiliate / CPA offer for over 18 years. However, I do things differently than most.

    I heavily promote PPL (pay per lead...lead generation) offers. This is because there is no credit card / purchase required to complete an offer. All a user has to do is fill out a form, so conversion rates are typically much higher compared to offers that require a sale to be made.

    I favor offers that have a make, get or save money benefit to them, as they have overall worked the best. They also tend to have the greatest mass appeal (will be of interest to a large general audience), so the potential exists to produce high volume and they are fairly easy to cross promote on the back-end.

    Some of the verticals (niches) I have done extremely well with are: education, insurance, loans, debt, credit, mortgage, assistance, discount offers, homeowner offers, etc...

    The bulk of the PPL offers that I promote pay $20-$40 per lead, but I also promote offers that pay more and less. You don't want to get too caught up on what an offer pays because how well it converts is just as important. For example, if you have an offer that pays $9, but if it converts at 2X or more of a $20 offer, then it will perform about the same or possibly better. At the same time, if you have an offer that pays $90 and it converts poorly, it may not even be worth promoting.

    I have also done just as good with dating website sign-ups and pretty good with free trial + S/H offers. I also promote a very limited number of offers that are straight sales. For them, mass appeal is still the number one thing I look for and I also look for one of the following...

    1) The product is new and/or novel-unique and you can't purchase it locally or even something similar. I don't waste my time with it once something similar shows up in Walmart.

    2) The buyer can truly get what is being offered at a decent discount.

    3) Solves a house is on fire type problem.

    However, I mainly promote non-PPL offers on the backend.

    Bottom line, it's far easier to get someone fill out a short form than to get them to pull out their credit card and make a purchase. So why struggle with trying to sell this or that, when you can provide free information that users want/need and get paid well doing it.

    Something to think about.
    How to Build LARGE EMAIL LISTS on a Budget and MONETIZE Like a PRO
    20+ Years Exp . . . . . . . . . . . . Email - CPA - PPL
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    • Profile picture of the author Jasjit Singh
      Thanks for your informative reply. How to start doing PPL? Any free course you could suggest for this?
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      • Profile picture of the author DIABL0
        Originally Posted by Jasjit Singh View Post

        Thanks for your informative reply. How to start doing PPL? Any free course you could suggest for this?
        PPL is just a type of offer. In the end, what matters is being able to drive cost-effective targeted traffic to the offers.

        I drive traffic and build responsive email lists by acquiring different forms of email data. Essentially what I'm really doing is monetizing the data using PPL offers.

        Fresh / targeted 3rd party data, which is email leads of users that have shown an interest in a specific PPL niche or offer and have given permission to receive messages from third parties. You get the opt-in record of each user and it's 100% can-spam compliant.

        Generate real-time Co-reg, which works by placing an ad for a specific PPL offer on a co-registration network and their publishers display it and users that view the ad can request more info about the offer. When a user requests more info, their contact info is automatically imported into your ESP (autoresponder) account / campaign and they are immediately sent details regarding the offer, along with future follow-up messages. You pay on a per lead basis.

        There is also rev-share data, which is basically 3rd party data (typically fresh / targeted) that you get for $0 upfront costs and you split the revenue generated from sending it with the data provider. Those that provide rev-share are typically just aggregating the data and aren't marketers and provide it to those that know how to monetize it.

        So with the above, I am getting fresh / targeted leads specifically for the PPL offers I'm promoting. However, they are not typically as responsive as a high-quality opt-in list that you build yourself. So to compensate for this you need to work with higher volume. This is not a big deal since the cost is much cheaper and highly scalable compared to traditional list building methods.

        When mailing, you want to skim off the top any fast-track conversions and then for long-term success, you want to always be collecting your opens / clickers, segmenting and removing unresponsive users...converting the leads from quantity to quality and into responsive lists. Which you can then also cross-promote other offers on the back-end.

        So basically the real reason I promote PPL offers because they provide the path of least resistance to generating conversions / $$$ and converting the data into cash producing assets.

        There's actually more to it than it sounds, but done right it can be extremely profitable. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that's a huge range, much comes down to one's ability to scale and effectively build / manage the infrastructure needed to scale.

        The above isn't for everyone and alternatively, you can use PPC to drive traffic. It's just not my cup of tea.

        One other thing. Once you have experience promoting PPL/CPA offers via email, you can also find companies that have opt-in and/or buyer lists that do little with them or nothing at all via email marketing and help them fully monetize their data.

        These are mainly companies that call all the users and or don't know anything about promoting affiliate / CPA offers. This requires more work because you have to find the companies, wherewith the other options above it's easy to get access to data. This is what would be considered 2nd party data, as you manage the companies data and monetize it for a percentage of the net profits generated.
        How to Build LARGE EMAIL LISTS on a Budget and MONETIZE Like a PRO
        20+ Years Exp . . . . . . . . . . . . Email - CPA - PPL
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    • Profile picture of the author Monica8297
      OMG! Thank you so much for your valuable reply.
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  • Profile picture of the author Jason Kanigan
    Leave your money in the bank.

    You don't need it.

    Just go get customers. Your $2K is a distraction. Ignore it. Money is not necessary in getting buyers.

    Identify who you want to help. A service business is the lowest risk, highest return to begin with.

    Stand on a service you know you can provide. If that's web development, OK.

    Who can you help with that service...that can afford your help...and has a problem large enough to warrant your involvement?

    Some broke newbie is NOT the person you want as your customer. And they'll never be able to afford you, because they don't have a problem big enough to deserve your help fixing it.

    What do you expect to earn per project?

    If your typical web design price is $5000, then you want someone who's at the $10K - $20K per month level and wanting to improve, don't you. Their problem is large enough to deserve your level of solution. They're not going to have trouble paying for your help.

    The broke newbie can go get the free or $300 template site. That's not you.

    Identify your target market and go start talking to them.
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  • Profile picture of the author professorrosado
    Take your 2K and invest in real estate (grab my classiphorium event around your way at a steal right now) - period! Then do what Jason Kanigan said above!
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  • Profile picture of the author freddie77
    look into investing or trading crypto currencies or stocks and shares.
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  • Profile picture of the author XenG
    You can:

    - Make a blog site about your expertise. Rank that site and then add affiliate links for profits through commissions.

    - Be a crypto currency trader wherein you can earn daily once you get acquainted to it.

    - Create a Youtube Channel and earn through Ad revenues. You can share videos about your expertise.
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  • Profile picture of the author kingscript
    Heard someone mention real estate, well real estate is really cheap down South! I have seen houses go for $3000 to $5000 bucks. No joking. Avoid those really big cities, and stick to the ones around 50-100,000
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  • Profile picture of the author Ndyama
    Damn, just create the websites and write content and build links for them then monetise them with affiliate programs, sounds good or not ? I would do so in your case if I will be you. Thanks for that matter. Really nice to see someone dedicated.
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  • Profile picture of the author natm28
    A great way to make money online is by creating a online course.
    Another way since you have the capital is to find a mentor and go into eCommerce.
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  • Profile picture of the author DURABLEOILCOM
    I recommend to work in your niche as web developer get started by doing jobs on Freelancer and Fiverr. You can build a decent portfolio and also create your standalone web business.
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  • Profile picture of the author SupplementTalk
    If you want to spend this money wisely here is what I would do.

    I would build 2 niche websites each having 30 2,000 word freshly written artiles on them.

    You must do keyword research correctly. If you do this the right way, in 10 months both of your sites combined could be making you $2,000 to $5,000 per month in income from placing ads. Your sites will be high quality and get ranked. They will bring in organic traffic from Google.

    Of course you can spend money on advertising and build a sales funnel to your own product or an affiliate product. But this is much more risky in my opinion.

    building sites is a long term strategy that will be around forever.

    Don't do any backlinks to these sites. they will rank on their own. Plus you don't want to risk your sites being deindexed by Google.

    Hope this helps
    Good luck,

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  • Hello Techalo, if you are thinking of going down the Facebook Ads road, two thousand will not last very long in advertising costs via PPC I can assure you, are you looking for a career as an online entrepreneur? If so there are some very good options for people out there in the industry but it does depend on you taking action and learning from experts who have already been there and succeeded.

    Affiliate Marketing is a very rewarding career and eCommerce stores can be extremely lucrative also.
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  • Profile picture of the author Novalmauge
    Upwork is another great website I've used to find work as a freelancer.
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  • Profile picture of the author h3ktor
    Facebook ad CPC is way too high now days. Amazon affiliate site and SEO is a pretty good start. You wouldn't need $2k for that, a few hundred dollar is enough to start. Another fast way to start earning is building your own product and market it. Subscription based SaaS tools are potential and really profitable if you can manage everything properly.

    but i have promises to keep and miles to go before i sleep...

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