Internet marketing is the process of selling products or services solely using the internet. Internet marketing is one of the best ways to make money from home because all you need is a computer and an internet connection.
The internet makes it possible to earn good money from home because you can reach customers from all over the world and your home based internet business can be open for business 24 hours a day. You can sell your own products or other people's products where you earn a commission for everything you sell. Let's look at the 3 different ways you can make money with internet marketing.
1. Direct Sales.
Direct sales are the easiest way to make money with internet marketing but you will need to build a list of prospects before this is available to you. Your list of prospects are people who have given you permission to email them about your products or services. These prospects are looking for solutions to problems in their life or for items that will make their life easier or happier. They have subscribed to your email list as they believe that you will be able to provide the solution that they are looking for.
By sending out a series of emails, all of which explain the benefits of your product, you can include a link to the product sales page so that your prospects can easily buy it from you.
2. Recurring Income.
Many successful online marketers know that one of the best ways to make money with internet marketing is to sell something once and then get paid every month. This recurring income model means you will receive a monthly payment for as long as the buyer continues to use the product or service. These items include software licenses, subscriptions, membership websites and newsletters. Although the initial upfront earnings of these recurring income products may be less than the one-off direct sales products, they have excellent long term value and can generate a substantial income in the long-term.
3. High Ticket Items.
High ticket products and services are where the most successful online entrepreneurs make money marketing online. These products are usually pay the entrepreneur over $1000 in earnings and include items such as one-to-one mentorship, conferences, events or high-level training. People buy high ticket products because they provide an exceptional difference and value as compared to a lower priced product. Lower cost products may do part of the job but often do not always provide all the tools and resources that a person may need to reach their objective in the manner and timescale that they want.
Regardless of your age, education or technical skills there are no specific requirements for being a successful online entrepreneur. However you will be more successful if you have a solid business model to work from, clear direction and support. If you don't know where to start or you're not achieving the online success that you want, check out this FREE Online Business Video Series