Anyone who has tried making money online has most likely considered the usual options. For those interested in passive income streams, there’s Google’s Adsense model where you get paid for sharing advertisements on your websites. For those without their own products, there are countless affiliate programs offering percentage payouts for referrals. For those wishing to directly sell other people’s products, there is eBay and Amazon.
Some people have reported considerable success with these types of business model but they rely upon large traffic volumes and regular conversions to make any serious money. The sad truth of the matter is that most people fail to make good money online and many give up. Successful entrepreneurs working these models, however, have to accept that they are essentially providing their marketing services free for the benefit of others and are doing little to increase the asset value of their own going concerns.
Perhaps the worst side to this is that you only get paid when you sell but have to spend a disproportionate amount of time and effort building out a website, promoting it, building backlinks or investing in paid traffic to try to generate sales. Sometimes, it’s easy to make mistakes and get things wrong or, worse, your efforts get trashed by the latest Google algorithmic update.
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