This gives you big time control, positioning… and most importantly it gives you higher profit margins. They have more money to spend to attract traffic. They can use affiliates, they can buy traffic, they can use that margin to hire out content creators, etc.

Personally, I love information products for this purpose — they are relatively easy to create and they have high margins. Because it will balance out your cash flow 2.

And you will never be able to create all the products that your prospects want. Some people think they can put a wall up around their customers, and keep them from straying to a competitor.

Nothing wrong with ANY of that. That means I generated leads — people would sign up for a free trial on my site, and I would get paid for each person that took the trial. That CPA offer was the way I made my very first dollars online, and it went on to pay my mortgage every month for about eight years. So back to those revenue systems — this is important stuff.

Of course, there are exceptions to this rule… but they are pretty rare. For most businesses, you really want to go after both revenue systems. Sorry, that is rubbish. However, there are ways to make money online that do not involved selling your or another persons product.

Providing data or analysis services, Indexes or directories, Adding value or a function to non-web-based products with a web-based element, Products that add value to others web services, and so on.

Hi Jeff Im a big fan of you from the hispanic market. This market is growing so quickly and I have started with affiliate marketing. Hi Jeff, Great post,and. But by doing some due diligence I found they were a publicly traded company on the New York stock exchange with the stock trading very low. Thanks again for the great post, John O.

Believe it or not, I made my first dollars after being scammed BIGTIME. I started a blog to find other victims of the same scam in an attempt to resolve it and help them get their money back. Over time, I built a relationship with each person. I feel like there are missing some key pieces for me as a newbie. So, three days ago I bought the ShoeMoney System that seems to be helpful to accomplish my learning.

It seems to me as a newbie that there is too much noice out there selling information products competence is fierce! I has been really difficult for me to find good products for newbies. But I am learning all technicals skills now so I am just starting. Hi I started off about 2 years ago and created my informational website on growing vegetables, and used advertising to generate revenue and still do. However when I decided it was time to offer my own product on the subject I quickly realised that what i would be putting into the product i had already put on the website so i could justify creating a ebook to sell whn the visitors could get all the information from the site for free.

So I am now looking at finding other peopel products to sell. While I come up with a new idea for my own product. Doubled my money from one little ad but then STOPPED DOING IT. But it proved that making money online could work.

Then got an autoresponder series going that promoted various affiliate products, and made sales from that. One mans treasure is another mans… well… rubbish! I agree with Jeff. Keir… you are selling your own product. Having your own products to sell must be the way to go because not only do you benefit from the high margins but you can also have others promote as affiliates.

Of course the BIG problem is developing quality products that are in demand. Interesting post as always. I too have been doing business online since about — but took a very different route to you. I was influenced by someone back then who said that the people who consistently made the most gold in previous goldrushes were the merchants who sold the tents, food, water, picks and shovels to the poor buggers who came to the goldfields looking to get rich quick by striking it lucky.

So, I set up a service business build business websites for others and doing marketing for others…. Had a team of 20 to 30 people from — when we sold the business. Then had a break. There is so much opportunity — but there is also so much overwhelm and confusion. And using the right tools really well to move in the right directions to make more money faster with less stress and less waste serving customers who have a real want and not just a need for what you can offer.

That, I think, is the real way to make money online. Now with location independence, we can operate from anywhere. And I still see a lot of money is being made in the goldrush selling to the poor buggers who have entrepreneurial dreams and dollar signs flashing in their eyes. I think there is a plethora of crap sold online and there is also a huge amount of really good stuff.

The bigger challenge is actually doing something about it — and then taking consistent deliberate action. Too many people think they will strike it lucky — like in the goldrush. Trip over a gold nugget perhaps.

We have to be able to fail fast and learn quickly, but many people think failing fast means giving up quickly.

They give up too soon. Hi Jeff, Yes, certainly, you need to sell something in order to profit. I started online a couple of years ago and made my first sales as an affiliate promoting other peoples stuff.

I think that if you have no previous business or marketing experience, online or off, that is probably the easiest way to go in the beginning. The difficult bit, which you resolved with the soft CPA products, is to ensure that you have a good mix of products that do not dilute your offering. Thank you for sharing Jeff. My first money was made online when I was organizing a music conference around or A few years later I started earning money online by selling my paperback books and then ebooks.

Now, I use Google Ads and Affiliate Marketing. Hi Jeff, I have no clue about making money online. While I do sell my books and related clothing I would like to know how to make ebooks or find affiliates. How much is product launch formula and would it be useful for us launching our products? One aspect immediately sprung to mind.

When I have made money online, it has nearly always been associated with events. But I would certainly recommend to anyone and everyone they consider using events as both an income stream and lead generator for more online and offline business.

There are great tools out there to help with this such as eventbrite and meetup and nowadays you can link stuff very easily to blogs, facebook and twitter.

They can be training events or social events.

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They can be paid or free. The biggest advantage is definitely the opportunity to meet people and build relationships that can lead to beneficial outcomes.

That might be training or coaching contracts, but equally it might be the opportunity to work with people on joint ventures, or even simply to build your network. So events, marketed online with the tools mentioned above, are great way both to make some money short term and build a sustainable business longer term. One of the big problems with online business is that you can easily go slightly mad just sitting looking at your computer screen.

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It appears the only way to make money online is by offering training programs or being an affiliate to those that sell training programs.

People generally go online to be entertained or to solve a problem… so if you fulfill either of those two things, and you do it well, then you can make money. Last week I interviewed two people for Case Studies — one has a very nice six-figure business selling information and training about foraging for edible and medicinal plants and herbs.

The other has a six-figure business teaching people about dog agility training. I have friends, clients, or mastermind partners who have nice businesses publishing about weird news, about accupuncture, about creative writing, about playing guitar, about playing piano, about raw foods, about health foods, about working out, about green hospitality, about coaching baseball, about coaching soccer, about home improvements, about taking care of your pets, selling stickers, selling name tags, selling cookbooks, selling movies, selling legal music downloads, selling guitars, selling college text books… and on and on and on.

The year was Started another job doing consumer activism. Came home one day and found a check in the mail since the direction on the site said to give people every way they can send you money or pay with a credit card. Along with the check was a note from someone saying that they were excited to start their 1st money making site with me. People have money and there are plenty of people online. More than ever too.

I hope that inspires a few people. Actually only a few fail. Every once in a while there is a Master though. I met and chatted with both of those people at the Scottsdale event and it changed and defined my priorities. I certainly agree that creating your own products is the way to go when seeking out the higher margins. Your also on the mark about selling products that others make, as that will help round out your skill set.

Creating your own product is a lot easier than many people think. Simply flip what knowledge you have about a given topic into your first info product.

In my case, I own both a commercial cleaning business and forex singapore dollar to malaysian ringgit carpet cleaning company, so I just built products that cater to that market.

This concept works whether you own your own business or not. It could be a hobby, or anything else that interests you. If you can educate yourself on a given topic, you can teach others as well, earning money in the process. In either case, success will come to those who produce a top tier product. I buy PPC from Google Adwords, and use direct linking to a CPA offer. When I received an email from CPA network that they have paid me through Paypal, I really feel excited and I know, I need to start my own business and make money online.

If you commit firmly to one path or the other I think you are shooting yourself in the foot a bit. To produce and promote ONLY your own products keeps you from valuable partnerships, and perhaps more dangerous still is that it communicates to your audience that you think YOU are the only game in town pride. A little different than having my own product algorithm stock trading software selling someone elses.

I bought into jv partnership with licensed audio books from real publishers. Instead of just selling the audio books myself, I formed a network of distributors to do online fundraising for non-profits. I made my first dollar online in on Myspace of all places. I found out pretty fast that was only a short term model, though. I wonder how many of us marketers start-off the black hat then eventually evolve into legitimate online businesses that stand the test of time.

My 1st dollar was very simple infact! Started selling my old stuff online then did it for others! All that seems so long gone now! Then I stumbled into Internet marketing and the rest is all history! But that proves your point Jeff, I basically sold my own stuff, then even though I got les selling other peoples products it was better than nothing because what was to say they couldnt have just got someone else to do it!

Hi Jeff — nice post but clearly some responsive are not sold on the courses you sellbut surely they can learn the lessons on how you communicate your offer. I found selling our own product was the bedrock of our on-line business. We then added value selling affiliate products. So you can guess where all of our on-line marketing effort goes. I made my first dollars online selling an affiliate product. My only zte modem dashboard call ussd mms sms options really is execution.

I made my first money selling on Ebay as well. I have since moved on to my own website and blog. I am always looking for ways to improve sales and traffic. My bread and butter are our own physical products — specialty computers with ISA slots at http: From CPA strategy robots with binary options 60 sec to Pay Per View — anything that can generate a dime — eventually it all adds up.

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For those who are new to Internet Marketing, there is no shortcut. If you plan to use the internet as your primary source of revenue, give yourself years. Do invest in good courses — they are worth far more than what you may pay for fidelity option trading. Why do they want to sell it to you?

So adopt a sensible approach, invest in your learning and over time, you will make full time income over the internet. I was so wrong…like offline businesses ,i realized that money can only be made when one sells something online ….

That is why it is called a business…businesses always involves selling,products and services…. I made my first dollar online with google adsense but have abandoned that approach to selling and promoting niche products dollar exchange rate in rupees pakistan Amazon and other affiliate programs.

I will leverage my success to create my own products after successfully creating a working system for myself. Selling something online,is the most basic and most important information newbies must first learn about making money online.

But to answer your question, we made our first money online when we put up our online store at http: I signed up for Kajabi through your affiliate link in preparation for putting up an online video course this year, and am really looking forward to your bonus on how to how to make money from ezine Kajabi for a product launch! Thanks for all the great info you provide to the online marketing community!

You seem to have figured out the perfect balance between work and living the good life. I really enjoyed your post. I read every one of them and they are Great Inspiration to all of us, From the Newbie to the Seasoned Marketing Veterans.

But the site converts like trash. Previously, I had been buying and selling stuff on eBay. Mostly Electronics, Since I have always had a passion for tearing computers and electronics a part and fixing them. I learned that very quickly…. I think that was a huge lesson to me.

A Question for you Jeff… What should I do to build my Email List if I comments about binary options trading scams Totally Broke?

Could you give us a Heads up on the best way to do that? I think a lot of us could be helped on this level. List building is probably the single most important activity for most online businesses.

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Very obvious information, but we human beings always love to complicate things. Selling membership based legal services, which is creating passive income today also.

Delivering consulting services Later on 2. Hence, the revenue created initially is small. But it gives me confidence, raises my self esteem, makes me better at what I do, inspires me to try more, do more and become more.

While I did successfully sell stuff on ebay first, I was selling it for a friend of mine. So technically the first money I made online was on a treasure hunt website I created. I had actually given up on it and somebody, somehow found it on the web and hired me to run a treasure hunt for them. It was the most amazing experience.

Hi Jeff, We are a ministry using Bible versers in transposing them into all art forms. At age 71 I am not trying to get rich again. I am too broke to start a website to start this ministry, which will change the faces of Judaism, Christianity, Islam and the whole-world.

WE ARE TRYING to get a website in graduate stock broking jobs london to launch this ministry. We have a song also composed from the same verses entitled. Jeff, where are the millionaires like yourself and just the plain of people out there, which want to help change the world while they are making indicatori forex factory We owe that to your great info the free version: So Jeff, if I can expand on your model a bit…there are only 2 places you can sell online.

When you stack this idea together with your idea you can create a nice progression… 4 basic concepts from how to sell stocks in marketwatch to strongest….

All 4 models can make you some money, but the real question is — which one is most easily scale-able? It works for us. Read 4 hour work week a few years back then took action. New nothing about making money online.

So I decided after testing on Mosquito nets for Travelers as my way to mega bucks!. Within a few months I had nets in warehouse in Chicago, LA, London and Toronto excellent fulfillment house called shipwire. The coolest things is when your Country men in The USA come looking for small bulk orders nets for Africa small charities — sometimes up to nets.

I talk to me My Africa contacts in most African Countries I get price, put on margin then make a few bucks per net up to a couple of thousand dollars. As I learned more over the past couple of years I realized there is no shipping, customs, manufacturing or postage costs on Information products. It has been a great ride the last few years, now it is time to cash in! And of course I have picked up some great tips from the Product Launch King over the last couple of years!

Jeff, this is the first blog I have read and it has motivated me to do something different. I want to start an online business but not to sure what to do or where to start.

I recently came across an interview with you and Anthony Robbins talking about how you got started. I need your help, as Tony said we all need a coach or to be part of a mastermind group. He also said and you agree we need to find people who have already done it.

So I want to do what you did. Please let me know how I can get started. I do not know anything about internet marketing but willing to learn. Jeff, I think the two ways you mention are not much different than the two ways you can make money offline. To distinguish the ways of making money online, I think you have to get more into email marketing, blogging, keyword analysis, link building, social media etc.

But even these, when you think about it, can have a sort of offline counterpart. I guess one could say, generating business has certain fundamental components and there are many ways of building these components both in the physical an in the digital worlds. I made my first euros not dollars… lol… well… er… French 2 months ago.

I hope to be able to live from online activites by the end of the year. But for now, I plan on building a list too, and earn some bucks through it. I had a question for you. I am a passionate personal development blogger and I have great content on my website. I love taking self help at a deeper level and writing about attitude and mindset applied to everyday life.

I come from an entrepreneurial family and I was taking to my father about it. Do you think it is worth promoting through banners ads on other personal development website as well as facebook initially to get people to check out my website and build relationships with them?

I feel like SEO and submitting to social book marking sites takes too much time and I am not getting the traffic I want. Hi Jeff, You never mist with wonderful and interesting post,my first dollar online goes a way back it was only seven dollars affiliate earning, from a good company but i was trying to make a start from my little island home in the Caribbean. How ever these days life gets better i your sure right.

Selling for your self is good, very good,buy in the net world you need friends and great partners so we should help each other and get payed while doing so.

As for me these days l believe is membership site selling service products. Jeff i have been with you since the incubator days of U tube videos earlybut these days i cant even get on your friends list at face book, i am asked if i know you and your list is too full to accommodate me, anyway i am growing in this business, and i am the future Entrepreneur.

My 1st online money was made through ACN back in I ended up receiving a monthly residual for well over a year even after I quit working it. My biggest weekly check was just over 1 grand and I remember how good that felt … it was all residual and it was SWEET! My lucrative product were empty chianti bottles, 5 sizes, which I collected as empty from a few restaurants, and I completely cleaned them up and prepped for sale — whew lots of sweat over that endeavor!

Anyway, was referred to you by my current mentor, Stevi. Thanks for your info and love to share your knowledge and experience with all! I guess the first sales that I made online were with Google. Then I hooked up with affiliates — then I started offering services. This is my third year at it, and hope to keep growing.

I guess you are right Jeff, I took a few minutes to brainstorm on what you said and it seems whatever online business model you consider falls into one of these two simple categories. Even those who provide freelance online professional services are actually selling their products because every service could still be considered as a product.

A blog is a product even if it is not directly sold and it only makes money advertising other peoples products. Great post, keep up the good work. I started selling posters and stickers that I created.

I have sold over 1, posters since When someone else is selling your physical good, what is the best affiliate tracking system for this? I had a lengthy response with links… so maybe that was the issue. I was astonished that people around the country would send hundreds of dollars, buy plane tickets, and rent hotel rooms based on getting an e-mail.

Spot on with this write-up, I actually think this website needs much more consideration. Jeff, I really enjoyed this post. One of my goals is to create a how to ebook and sell it on my brick n mortar business site. My first was back in when i was like 15I made a free.

I earned from adsense then Have a good day everyone. Secondly, since there is something called affiliate as I know, by selling other stuff for commission. Will you still recommend a newbie work on two ways?

I am a licensed architect building design my first job as an architect came from a guy searching for an architect using google. I hope it helped a little Charles. Just give people a chance to get a call back, and how quickly you call them back or respond to their email is how they feel your service will be. Answer slowly and you probably work slowly. Thanks for the helpful advice.

I can see the similarity you mentioned. Since I am a one man show at this point, I need to be able to both market my services and do the work at the same time. Tremendously enlightening appreciate it, I reckon your current subscribers might want even more reviews similar to this carry on the good work. I have been beavering away since and now earn a small income enough to live off anyway — just.

I tried the CPA networks but found the competition to be fierce. We are experienced residential real estate brokers in Toronto, Canada working for the largest firm in the city. Our challenge is finding new clients.

More than 95 percent of our business comes from previous clients and referrals. Being in a service business, we only have our service to offer. It entails a truly comprehensive service designed to save up to one hundred thousand dollars on the purchase of a Toronto Home. Nobody is offering a similar service. Thank you very much. You are really inspiering me to start up a business which i want to do for a long time already.

I am a FRESHMEN now in entrepereneruship and i gotta learn a lot. Thank you very much, Wish me luck! I have way more experience in this than most people posting not to devalue their commentsbut you are absolutely correct. Enough said on my part. Magnificent information and clever thinking, thank you so much.

But I was thinking. What I am afraid of with own product. Any advice about it? I desire to begin a JV partnership with several brands so they can sell my program during my next launch. The selling window is 6 days as you already know. What software do you recommend, or the best way to track the leads and sales that are sent to me from my JV partners? I have been searching Google however I continue to find results about becoming an affiliate that seem way more involved with year round marketing.

I desire something more specific to a launch. The reason I had all those people at my Secret Headquarters Terms of Use Privacy Policy Earnings Disclaimer. SITE BY PEACEFUL MEDIA. The Only Two Ways to Make Money Online… by Jeff Walker on Jan 26 January 26, at January 27, at January 27, at 4: January 27, at 1: January 27, at 2: January 27, at 5: January 27, at 6: January 27, at 7: January 27, at 8: January 27, at 9: Jonni La Force says: Ambassador Charles Linder Floyd says: January 27, at 3: January 28, at 3: January 28, at 7: January 29, at 8: January 30, at February 3, at 5: February 10, at February 11, at February 10, at 8: February 23, at February 23, at 9: March 2, at 9: March 8, at 2: March 9, at March 15, at 7: March 16, at 3: March 16, at 6: March 16, at 7: March 22, at 4: April 7, at 4: April 8, at 8: April 16, at April 26, at 9: April 27, at August 26, at 6: August 27, at 9: August 27, at August 28, at February 9, at 8: February 24, at 8: Ashley Clamp 17 says: February 5, at 6: March 16, at 2: April 19, at Johann H Ragnarsson says: September 24, at 6: October 19, at January 14, at 7: Leave a Reply Cancel Reply.

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