Best and easiest way to generate online income on a shoestring budget..

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If someone is practically a newbie to internet marketing, what would be the easiest & best method to generate online income on a shoestring budget? In the short term? In the long term? Would it be affiliate marketing? Would it be e-commerce via drop shipping, shopify? CPA marketing? Would it be creating your own website around a very popular niche such as weight loss? Would it be creating a membership site such as online dating? Would love to hear only wise suggestions and recommendations from genuine people who really know their stuff..
#budget #easiest #generate #income #online #shoestring
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  • Profile picture of the author DIABL0
    Affiliate / CPA marketing would be the least expensive to start with since your promoting someone else's offer.

    I've been doing it for over 17 years. One piece of advice is that there is a big world outside of MMO and even selling products / services.

    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...

    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
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    • Profile picture of the author moreknowledge
      Thanks for your advice. Just where is the best place where I could find genuine (pay per lead generation offers) & then how & where are the best place to promote these pay per lead generation offers?
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  • Profile picture of the author Mabu Map
    Sure, it can be affiliate marketing.

    In short term people can do direct linking to generate money online, without invest anything.

    Sell other people's products and earn commissions.

    In long term, invest is a must. But not really expensive. It's affordable
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  • Profile picture of the author ryanbiddulph
    No way is easy if you want to generate a sustainable, long term, ever-growing income.

    No way itself does the generating; your passion for the business model fuels your study, your practice, your persistence and your prospering.

    Pick a niche you feel passionate about. This is how to grow a thriving business - over years - on a shoestring budget because save buying a domain and hosting, and eventually investing in your email campaign manager, you will spend years learning your niche inside-out, practicing with free marketing methods, and after daily, passionate practice, for years, your online income will increase.

    Don't chase popular. Follow your passion. You'll always have steam/energy, while popular niche chasers lose their steam.

    Ryan
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  • Profile picture of the author hiteshd1
    Hi,

    If you are with low budget and still want to work your way up. You can try affiliate marketing, obviously it requires money in advertising to scale up your business but who said you cannot start when you are tight on budget?

    Pick one of the niches and join platforms like Clickbank, JVZoo Etc. Although it requires some time, if you have got time, then promote products via free marketing methods.

    As far as shopify and cpa are concerned, i don't have any experience in Shopify but for Cpa Marketing, you need to know your every single click price, and how much money a campaign can give you, if you drive let's say 100 clicks to it. Seeing the EPC and other stats.

    So if you have advertising cost for 100 clicks less than what you earn, all you got to do is rinse and repeat. You have a successful business. Have a program which tells you the value of every lead that you add in your list over the next 2-3 months.

    And if the advertising cost is below then your LTV (Long Term Value) your business is profitable. Don't think just scale up.

    Hitesh.
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  • Profile picture of the author Kurt
    How much money do you have to budget? How mush risk are you willing to take?


    What are your assets, like software, hosting, domain names?


    What skills and experiences do you have?


    What can you offer that improves the lives of others, including potential consumers as well as established marketers and business people?
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  • Profile picture of the author GordonJ
    Originally Posted by moreknowledge View Post

    If someone is practically a newbie to internet marketing, what would be the easiest & best method to generate online income on a shoestring budget? In the short term? In the long term? Would it be affiliate marketing? Would it be e-commerce via drop shipping, shopify? CPA marketing? Would it be creating your own website around a very popular niche such as weight loss? Would it be creating a membership site such as online dating? Would love to hear only wise suggestions and recommendations from genuine people who really know their stuff..
    A newbie to IM on a shoestring budget should stay off line and make money while studying and learning and preparing for IM, and deciding what he is going to do. With money coming in from off line sources, it makes IM readiness that much easier.

    No affiliation, but here is ONE guy who makes money offline using IM methods (eBay, Amazon, Craigslist).

    https://fleamarketflipper.com/4130-selling-on-ebay/

    He made over 100k dollars last year, NOW he is getting his online stuff in place and could easily double that this year, because he has the money to work with.

    Good luck with that "best & easiest" nonsense, hold onto that mindset, be prepared for hard work and long time to get what you want.

    GordonJ
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  • Profile picture of the author shmol
    What is your hobby?

    What products have you purchased for your hobby recently.

    Now, if you are not approved for any affiliate programs start a blogger blog and write ten solid articles on your hobby.

    Once they are posted, apply to the affiliate program.

    Once approved, write a review of the product you chose.

    Do not hype the product, point out the positives of course, but, do not be afraid to point out some minor negatives.

    Now, since you have used this product--maybe you know a way around these negatives, tell people this--it will build trust.

    Now for traffic, set up google alters with your keywords.

    And also search out the big blogs in your niche and make comments on posts, leaving a link back to your product review.

    Same goes for social media, follow the big players, when they post, comment on it.

    In general just be helpful online.

    Once you get some sales, invest in a domain and hosting.

    One last thing, whatever you do, do not give up, keep being helpful.

    Good Luck.
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  • Profile picture of the author robinaraoz
    Hi moreknowledge,

    Thanks for asking. If I were in need to get some extra cash right now, I would go to this site:
    https://www.workmarket.com

    I would sign up right away and start doing some
    easy tasks that would get me some cash sent
    directly to my PayPal account.

    You won't get rich, but I'll get you started

    Regards,
    Robin
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