The title of this article is pretty self-explanatory. We are going to be discussing an online business that makes money each month from home. This easy online business is great for stay at home moms, dads, or anyone else looking to make some extra money each month.
This online business is called affiliate marketing. As an affiliate marketer, you earn a commission each time someone clicks on one of your affiliate links and makes a purchase. And the best part is, you can do this from the comfort of your own home!
So how does affiliate marketing work? When you join an affiliate program, you are given a unique affiliate link. This link is how the merchant tracks that it was you who sent the customer to their site. When a customer clicks on your affiliate link and makes a purchase, you earn a commission!
There are two main ways to make money as an affiliate: through product sales and through lead generation. Product sales are exactly what they sound like – you earn a commission each time someone buys a product that you are promoting. Lead generation is when you earn a commission for every lead (visitor) that you send to a merchant’s site, even if they don’t make a purchase right away.
So now that we know how affiliate marketing works, let’s talk about how much money you can make with this easy online business. The amount of money you can make depends on two things: the type of products or services you are promoting and the amount of traffic you are able to send to the merchant’s site.
If you are promoting physical products, such as books or electronics, then you can typically expect to earn around 10% of the sale price in commissions. So if you sell a $100 book, you would earn $10 in commissions. If you are promoting digital products, such as software or eBooks, then commissions can range from 50% – 75% of the sale price. So if you sold a $100 software program, you could earn anywhere from $50 – $75 in commissions! And remember, these are just averages – some people make more and some people make less. It all depends on how much traffic you are able to generate and what type of products or services you are promoting.
If lead generation is more your thing, then commissions will usually be paid out on a per-lead basis. So if you send 100 visitors to a merchant’s site and 10 of them sign up for their email list (a 10% conversion rate), then you would earn $10 in commissions ($1 per lead). The amount of money per lead will vary depending on the offer and the company, but it is typically around $0.50 – $2.00 per lead. Again, these are just averages – some people make more and some people make less. It all depends on how much traffic you are able to generate and what type of offer it is that you are promoting.
So there ya have it! That’s everything there is to know about this easy online business that makes money each month from home! If you’re looking for an easy way to make some extra money each month, then consider giving affiliate marketing a try!