Click on the link below to discover the #1 skill to making money with affiliate marketing. What do you think it is?
Hey, today I want to talk about what are some good online hustles to make money. There are 3 I want to talk about that I have made money at and I currently do.
The first one is selling products around you house on craigslist, ebay and all the other platforms. You probably already know about this so I'm not going to talk about it.
The second online hustle which I recommend you look at is buying and selling domain names. Mostly it's in the .com extension.
The truth with domaining is it's not really a job, but an investment. All the hustling is in finding good domain names, pricing them, listing them and most importantly waiting. In may take you 10 years to sale the domain.
There is a way to contact people who could be interested in, but I don't know how to do that and you are going to sale it for less money. You could auction off a domain name, but you are going to sale it for much less that you could get by just waiting.
Most of the money is in waiting.
Michael Cyger at Dnacademy has a good course on domains, that I do feel is very good. I would recommend checking out his course if you want to learn more about it.
The third online side hustle to make money is affiliate marketing. Affiliate marketing is when you post a link and if someone clicks on that link and goes to a website and buys something you make money.
It's much better than Shopify or Dropshipping because you don't have to deal with customer service, shipping and the profit margins can be way bigger.
Some people think there is no money in affiliate marketing or the market is saturated. That is not true at all.
There is a right way to do affiliate marketing and a wrong way. As always the right education is everything. The biggest problem with affiliate marketing is the confusion and wrong information. Plus, there are some horrible products out there and scams. This all gives affiliate marketing a bad name.
The biggest scam just might be CPA affiliate marketing. This is where someone pays you $1-$2 dollars to drive someone to an optin page where they fill out some information.
I guess it's not really a scam, but there is no money in it. The person who is paying you a dollar is making all the money and you should do what that guy is doing.
Also, there are horrible products. I 'm talking about you Amazon.com. You pay 1% on a video game, it's not worth it. They are insanely strict and the cookie duration is only 24 hours.
With affiliate marketing I recommend working backwards. Get the right education first of all, you got to get the foundation and fundamentals right. This is where 95% of the money is. It's very hard to make any money without this part.
Then get the right products and there are products where you can make a few thousand dollars per sale. In fact this is where most of the money is made on it.
I guess you could make more money by creating the product, but you have to sale a lot of them because you are going to be paying out affiliates.
Lastly, is traffic and that is the fun part. There are many ways to get traffic and it's very flexibly around your current schedule.
All these online hustles that actually work take time, patience and education. If you know of any other online hustles that work, I'm always open minded, let me know in the comments.
If you are interested in affiliate marketing, the right education is everything. There is 1 person who I recommend because he is good at the important stuff that you need to know.
