The Internet has leveled the playing field and made it possible for anyone to create a substantial income online. Of course there are the usual ways for someone to make money: affiliate marketing, selling advertising space on your site, or offering freelance services. But there are a whole host of other possibilities, many of which are not well known, that can generate substantial cash and create a lucrative online business.
Here are 3 very successful models:
1. CPA Marketing – How would you like to make money without having to sell anything? Sounds pretty good, right? That’s what CPA marketing is all about. CPA stands for cost per action. This means that you get paid when someone performs an action, NOT necessarily when they purchase something.
For instance, you can get paid when someone signs up for free trial offers, or even just inputs their zip code. The payouts can also be substantial. For many free trials the payout per sign up can be $30 or more. With this type of marketing, there is a learning curve, and most companies want to see some experience with regular affiliate marketing before allowing someone access to promote their CPA offers. If you have some experience though, you can make quite a bit from this method.
2. Media Consultant: Even with the recession, the Internet is experiencing tremendous growth. Consumers are going online in increasing numbers, making the local yellow pages and newspaper advertising obsolete. Local businesses are aware now that they need a presence on the web to survive,but many are clueless about how to implement online marketing.
By becoming a media consultant, you can help these companies create an online marketing campaign, and get paid very handsomely for doing so. There are even complete systems you can invest in, for a minimal amount, which will show you, step by step, how to create these marketing campaigns. Many will even provide personal mentoring and advertising for your business. With this business model, it’s easy to quickly create a full time income while working part time hours.
3. Use Public Domain to Create An Info Product Business: Did you know that there are books, videos, movies, posters, etc that can be used as your own, in any way you wish? These types of works are called “public domain” because the public has free access to them. For instance, in the US, anything published before 1923 is in the public domain.
There are multi million dollar companies that have been created solely using public domain products. For instance, one marketer found a weight lifting course, put his name on it and started selling it. He also re-purposed the content into videos and DVD’s and created a whole product line from the material. His business is now worth millions.
While you still need to market your product, the public domain gives you the ability to access quality content, making product creation a breeze. And once your marketing campaign is in place, this model can provide passive income for years to come.
The Internet has created the ability to make money from several different business models. These three, while not as well known, have been proven time and again to be very successful. When looking for the right business for you, these might be worth a closer look.