For the last 10 months, I have been researching, buying courses and products, setting up 4 websites, signing up with Amazon to sell their products, signing up and selling products from Clickbank, signing up with Google for paid click advertising, and signing up with Peerfly, another product company that pays you for sending them leads.
I will go into each one of these in more depth, but you are reading this primarily to learn the guaranteed two-step method for using the internet to make money. Here it is.
- Find jobs posted by Monster, Indeed, CareerBuilder, etc. in your area that you are qualified for.
- Go get that job. You have now used the internet to find a job that will make you money.
There it is. If you think you can make a living off the internet, then I am going to save you some time. You can’t. At least not if you don’t want to lie, cheat, bug people to death, lose all your friends, and invest thousands of dollars in websites and email systems that will fail. The only people making money on the internet besides the legitimate retailers (think Amazon, Walmart, Macy’s, and small boutique websites) are con artists who are selling you courses on how to make money off the internet. I know, I have looked into them all.
Let me go into more detail about each money-making opportunity.
AMAZON: I will start with Amazon’s Affiliate Program because I think of all the programs out there, this one is actually legit, although making a lot of money from it is not possible. When you sign up for this program, Amazon will allow you to place links to their products on your webpages or blog posts. You have seen them on mine. If you were to click on a link, it will take you to Amazon where you can purchase the product from them. I would make a commission if you purchase the product within 24 hours of first linking it, and in fact, I would make a commission off anything you would buy within that 24 hour period from Amazon. Here is what I would earn on those purchases. It doesn’t cost the buyer of the product any more to buy this way.
|Product Category||Fixed Standard Program Fee Rates|
|Amazon Gift Cards, Wine||0.00%|
|Video Games & Video Game Consoles||1.00%|
|PC, PC Components, DVD & Blu-Ray||2.50%|
|Physical Books, Health & Personal Care, Sports, Kitchen, Automotive, Baby Products||4.50%|
|Digital Music, Grocery, Physical Music, Handmade, Digital Videos||5.00%|
|Headphones, Beauty, Musical Instruments, Business & Industrial Supplies||6.00%|
|Apparel, Amazon Element Smart TV (with Fire TV), Amazon Fire TV Devices, Jewelry, Luggage, Shoes, Handbags & Accessories, Watches||7.00%|
|Amazon Echo Devices, Amazon Fire Tablet Devices, Dash Buttons, Amazon Kindle Devices, Furniture, Home, Home Improvement, Lawn & Garden, Pets Products, Pantry||8.00%|
|Amazon Fashion Women, Men & Kids Private Label, Digital Video Games, Luxury Beauty, Amazon Coins||10.00%|
|All Other Categories|
As you can see, it pays 1% to 10% on products purchased from a customer you send them. You may be thinking, that’s pretty good. If you average 5%, let’s say, for every $100 someone spends that you sent them through your website, you would earn 5 bucks. Let me show you how I fared.
Since September 1st through yesterday, November 7th, I had 1,096 impressions (that means how many times a product with a link was displayed on my web pages). Of those 1,096 times, my link was clicked 93 times, linking that person with Amazon. I sold 0 products for $0 dollars. You may have clicked on one, I have no way of seeing who clicked and who did not. I do know that not one person bought anything, however. That translates into a click-through rate of .73, which means that for every thousand impressions on my pages, I will get on average 73 actual clicks from the product to Amazon. Now if I had actually made a sale, which I didn’t, I would have had another percentage that would have told me how much each click is worth.
Let’s do a hypothetical situation. Let’s imagine that for every 73 people that clicked on one of my Amazon links, 4 people actually purchased something. This is actually double the rate at which leads are converted to sales. Now, most of the stuff you would click on is stuff on sale or pertaining to something I was talking about, so the price probably wouldn’t be that much. But let’s get real imaginative and let’s say each of those 4 people spent $100. At my average commission rate of 5%, I would make $5 per person or a total of $20. In theory then, for every thousand impressions (where my product link is shown) I would make $20. Using this example, if I wanted to start making a living selling Amazon products, I would need 10,000 impressions per day on my blogs or web pages to make $200.
All of this might sound unimportant, but unless you have a website with tons of free traffic, in order to get the number of clicks to have a chance of someone buying something, you have to advertise. Advertising costs money, which I have also done, and that is something I will cover on my next blog, as about now you are probably getting as tired of reading this as I am in writing it.
See you in the next blog: Guaranteed two-step method for using the internet to make money. Part II.
Here are some links to show you how it works: