Picking A Strategy To Earn Money Online

14 replies
If one has a difficult time picking a successful strategy to earn money online, what should one do?
How can one efficiently find a successful strategy to earn money online to become wealthy?
#earn #money #online #picking #strategy
  • Profile picture of the author ryanman
    The strategy will never change and it's simple - Value in exchange for money. The value you give should always be more than the price you get for it. And this can be applied to different mediums of online.

    Why don't some people make money?

    It's because they have no value to offer...
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  • Profile picture of the author Tyke
    When you say "efficiently" find a system, are you talking about actually finding a system efficiently, or finding a system that makes money for you efficiently? I'll assume the latter, and also assume you mean with the least amount of effort possible. Unfortunately for you, if you're serious about making money online, any strategy you implement will require that dreaded 4 letter word, "work", and, more often than not, plenty of it.

    There are ways to refine the process, and tools to help improve efficiency in most areas of IM, but the basic building block will be the amount of effort you're willing to put in and your ability and determination to take action to achieve the results you desire.

    Best of luck,
    Ray
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  • Profile picture of the author Norfolk
    Listen to experience. Read, and even better talk with people who are making money.
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  • Profile picture of the author kursat
    You just need to take action. If you wait to see which system is the best one, you will waste your valuable time.

    When I first started, this step took almost 3 years of my time.

    I purchased every clever way and new way that so called gurus lay out for us. But then one day it just made me realize that no matter how much I knew about IM, there is always going to be something new out there.

    So even if you are going to sell gigs at fiverr.com, my tip is don't waste time and get started TODAY!.
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    • Profile picture of the author lotsofsnow
      Originally Posted by kursat View Post

      You just need to take action. If you wait to see which system is the best one, you will waste your valuable time.

      When I first started, this step took almost 3 years of my time.

      I purchased every clever way and new way that so called gurus lay out for us. But then one day it just made me realize that no matter how much I knew about IM, there is always going to be something new out there.

      So even if you are going to sell gigs at fiverr.com, my tip is don't waste time and get started TODAY!.
      That is exactly right.
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  • Profile picture of the author Jillycakes
    The most efficient strategy will vary by individual. It all depends on unique factors like your startup capital, willingness to learn, ability to work long hours, special skills, and so on. For example, plenty of people earn a nice living doing CPA marketing. I know that particular method of making money online isn't for me, however, because I'm not willing to constantly monitor campaigns and gamble cash.

    Think about the things you're interested in and good at. Be honest about the number of hours you're willing to put in per week, and how much you're willing to actually work on whatever it is you're doing. Keeping this in mind will make it much easier for you to carve out a path that works for you.
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  • Profile picture of the author jamesrich1
    Pick an affiliate product that you will promote and decide on a traffic generation method that you will stick to. Get good at driving traffic with that method and converting the traffic into sales. Your job is to become a master at problem solving for a specific target audience.
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    • Profile picture of the author Theresa Perez
      To me, maybe change the focus from making money to helping people.

      It should just flow on from there.
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      • Profile picture of the author condorx
        Just choose one method and stick with it.This could be organic or paid traffic.
        The biggest mistake you could do is jumping from one method to other.And i highly recommend you to create a plan and go with it.

        I would go with organic traffic and after gaining some experience start searching paid traffic.
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  • Profile picture of the author Des Lau
    Find something that one (I'll continue your third person perspective) has an interest in, or is more inclined to enjoy doing. For eg. one could be more technically minded, flipping websites or SEO as compared to one involved with list building.
    Find others who have been successful on a particular method and mould your perspective on it.
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  • Profile picture of the author prasanth5
    Learn from the experiences of the successful IMers by participating in the forums like this one. Warrior forum is a great forum to interact, cheers!
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  • Profile picture of the author Jason Kanigan
    The answer comes from What You Want To Do All Day.

    You can make money a ton of different ways. None is "better" than any of the others, so what matters is what you will be comfortable working on.

    For instance, you could pick a domain name and work on building traffic to the site.

    So you do some SEO, article writing, backlinking...and you get it to 10,000+ visitors a month.

    Now what?

    Well you have at least two choices on how to make money here.

    1 - You could redirect the traffic, and get paid for it. This is called Pay-Per-Click (PPC)

    or

    2 - You could take the traffic and qualify it, sell specific products to qualified prospects, and get paid for that.

    So do you want to be talking about banner ads and finding partners all day? Or do you want to be picking products and tweaking your traffic all day?

    This is just one possibility and one choice.
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  • Profile picture of the author celente
    a very important question this one.

    Too many times newbies get caught up in this and end up taking no action at all.

    That is not something you want to get caught up in.

    I say just pick something and stick to it until you get good at is, lots of info in here that you could choose from.
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  • Profile picture of the author anticoder
    The word "system" in IM is garbage.

    Here's the magic system:

    Write content. UNIQUE content. Solve a person's problem. Monetize off it.

    That's the whole system in a nutshell. All this "make $100/day" in 30 days etc is basically rehashing of the same "system" noted above, just updated for new websites and platforms.

    Edit for Magic System 2:
    Same as before but entertain a user. Look @ TMZ. =]
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