The world has changed.
Many businesses are struggling or have even closed altogether.
Large amounts of people have lost their jobs, had their hours cut, or are fearful about the future of their employment.
Now is the time for people to take their financial security into their own hands.
In this article we will look at what I, and many others, consider to be the best online home business for beginners.
I will also link to free training.
It is a short and to the point read.
E-Commerce Is Booming
Before the lockdown, many people were choosing to shop online simply because it was usually cheaper and more convenient.
Going to a store or mall involved dealing with traffic, parking, crowds, and the limitations of selection in stock.
Prices were usually higher than online, so basically, people were paying a high price and enduring the above factors to boot.
People were realizing that they can shop huge inventories from the comfort of their own home.
Sprawling on the couch scrolling on their phone or laptop yielded a better selection, with less hassle, for a better price.
Is it any wonder people were choosing to shop online rather than go to physical locations?
During the lockdown, people had little choice but to shop online as virtually every store in their area was closed.
Essential stores such as grocery stores were open, but due to panic buying, items were not guaranteed to be in stock.
People shopped for everything online, even groceries and household goods.
With time on their hands, many people shopped for all kinds of goods.
While traditional physical location stores were panicking over lost revenue, online stores had a gold rush.
Since the lockdown has been lifted in many regions of the world, people have returned to retail locations to find them either closed for good, or a chore to visit due to social distancing policies.
Combine this with the current waves of unrest in many urban areas of the world, people are returning to shopping online as their preferred option.
As many businesses are reporting low foot traffic, and therefore revenue, online shopping sites are booming.
Online Home Business
Online shopping websites rely on traffic to their pages and products as much as a traditional stores rely on foot traffic.
Competition is fierce and heating up day by day as more businesses evolve towards gaining their slice of online revenue.
Many will use methods such as pay per click ads and social media to drive traffic to their product pages.
Most of the large companies, such as Amazon, will also use affiliate marketing.
Affiliate marketing is a very simple concept.
A person posts links to products and earns a commission on any purchases made.
If a person posts links to products on Amazon, and people go through those links and purchase, the person (Affiliate) who posted the links earns money.
If someone clicks on an affiliate link and spends $100, if the commission rate is 10%, the affiliate will earn $10 (10% of $100 = $10)
The more people that click on the links and end up purchasing things from Amazon, the more the affiliate will earn.
It’s as simple as that.
The price of the products is not any different than if the person didn’t click on the link.
Amazon pays the commission from their profit margin, the customer does not pay a penny extra than they normally would.
I can almost assure you that at some stage you have clicked on an affiliate link, purchased something, an affiliate earned a commission from your sale, and you were none the wiser.
Part of how sites such as Amazon became so successful is through implementing their affiliate program.
It is like having an army of people sending people to Amazon all day.
Many businesses have realized this and either have, or are currently, implementing their own affiliate programs.
Here are some well known examples.
As you can see, affiliate marketing is an established and professional business model.
Here is a video from the Amazon Associates Program.
Best Home Business For Beginners
Most home businesses will require all kinds of start up costs, most importantly, inventory.
If you wish to have a selection of goods for your customers, you will have to pay out for multiples of each item.
You will also have to handle all of the shipping, returns, and customer issues.
Affiliate marketing has none of those requirements.
You are referring people to businesses in exchange for commission on any sales generated.
If you post links to Amazon and someone purchases items, Amazon takes care of everything as normal.
To be quite frank, once they click the link, you are no longer involved, apart from getting paid commission on any sales.
It is very similar to giving someone directions to a store in town and telling them to say “Jim sent me” and if they buy anything Jim gets a commission.
The links have a special i.d. embedded that tell Amazon which affiliate sent them to the site.
I use Amazon as an example because pretty much everyone has heard of them and trusts them.
But countless large sites use affiliate marketing now.
After all, if it works for Amazon, why wouldn’t they?
Affiliate marketing allows you to work from home and your links are running 24 hours a day.
It is very common for someone to post some links on their blog or social media and still be generating sales months or years after posting them.
The more links posted, the more chance of making sales.
You may have watched YouTube videos and the person in the video has said “You can get this product by clicking the link in the description”
That’s affiliate marketing.
You may be surprised at how common it is, and how many links you have clicked in the past that have earned someone commission.
It didn’t cost you a penny extra for the product, and you probably don’t know till this day.
A lot of people are making extra money each month, and plenty are making a full time living.
Yes, some people make absolute fortunes.
Thousands per day.
But I’m not writing this to give you hype.
I’m writing this to make you aware of the best online home business model for beginners.
If they are making money, why shouldn’t you?
By learning the skill set for affiliate marketing, you can always apply these skills to setting up your own product business later if you wanted to.
Affiliate marketers are experts at getting people in front of products.
They know how to leverage social media, video channels, and search engines such as Google to send traffic to products.
If you have, or are, thinking about setting up some kind of business, then attracting traffic to your business is key to success.
Learning the affiliate marketing skill set will make you an expert.
A skill set that most business owners struggle with or end up paying someone else to do for them.
Some affiliates go on to become local online marketing experts and charge businesses to set up their online infrastructure because their skills set is so strong.
Where Can You Learn?
The best, and free, place to learn is Wealthy Affiliate.
Here are some key facts.
1.4 million members.
15 years in business.
All tools needed are built into platform.
Step by step training.
In – house social media platform that allows you to network with other affiliates and entrepreneurs.
Huge archive of training material and video classes.
Optional live streaming video classes.
Help available 24 hours a day.
In house affiliate programs that allow you to build residual monthly income.
Training can be used for any affiliate program (Including Amazon etc) and can be applied to other online ventures such as setting up your own product based business, YouTube channel, or becoming a freelance online marketing expert and setting up other businesses online infrastructures.
Everything you need to start today and be successful is available.
In order to join, all you have to do is enter an email and username, just like joining a social media platform.
No credit cards or personal details.
I personally have been a member for many years and have seen people go from beginners to full time affiliate marketers.
It is a business model that you can work on from home, in the coffee shop, anywhere with an internet connection.
Some affiliates run their venture from their phones.
You can also contact me on there and I would be glad to answer any questions you may have.
It is free to join, and may just change your life.
The link is below and I wish you all the best success.
The world is evolving, and online shopping is experiencing a gold rush that is set to continue well into the future.
Some people will take advantage of it, and others will not.
It is up to you on the choice you make.
The Lone Wolf Entrepreneur Book
A Lone Wolf Entrepreneur is someone who builds their own financial success.
Someone who lives life on their own terms.
They are self-motivated, self-disciplined, and self-accountable.
Goals are set, and they typically work on their projects alone.
This is not to say they won’t collaborate with others on projects if it is in their interests.
But they realize that when all is said and done, it’s their actions that provide their results.
The lone wolf entrepreneur has a spirit of freedom in all aspects of their life.
They plan their own personal goals and manage their own time and money to achieve them.
Self-accountability is a core trait of a lone wolf entrepreneur.
They set themselves high standards and try to surpass them, let alone meet them.
The lone wolf entrepreneur is an alpha personality who hates answering to anyone as a subordinate.
They hate the confines of a job and often dislike being told what to do.
Like a wolf trapped in a cage, the lone wolf entrepreneur yearns to run free and go where they may.
A lone wolf entrepreneur may be alone simply due to the fact of not having like-minded people around them.
But the lone wolf will still hunt their goals down alone.
The burning desire is the hunt.
The prey is success.
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