The first decision you will make when starting an online career is choosing the type of system, method, or strategy you will use to make money. The future of your online business will depend on this decision, so it is crucial that you take extra precautions.
I have listed below the popular approaches or schemes that are used to make money online but should be avoided by newbies like you.
Filling out surveys
I consider this scheme as one of the main scams on the Internet. Survey companies lure people into taking their questionnaire with the promise that they will make a lot of money doing so.
The earnings you can get with this scheme are very few, you have to answer thousands of questionnaires if you want to earn a hundred or two hundred dollars in exchange for your efforts. The ones who really win with this scheme are the sellers of this program and not the ones who answer the surveys.
CPA Networks
This is an Internet strategy where you can make money by providing an advantage to advertisers. This strategy could be very profitable, but beginners should avoid it because it is very difficult. Usually you have to generate a lot of traffic before you can make a decent amount of money. And the companies that pay well are very strict with the requirements; they rarely work with internet marketing beginners.
adsense
Managed by Google, but the approach is similar to the CPA network. This can be an effective money-making strategy if you can get a large number of people to consistently visit your website. Every click on your website can earn you money, so you can earn thousands of dollars if you can get thousands of clicks per day.
electronic commerce
Selling physical products online, a very profitable approach, and yet too complicated for beginners. Dealing with manufacturers, taking product inventories, shipping products, customer service are just a few of the complex marketing activities you have to deal with when you’re involved in e-commerce. But you should consider this option because of its profitability, but that is only when you have successfully established an online career.
PPC Traffic Generation Methods
Also known as pay per click, in which the method generates traffic for your website. You will be able to pay money for each visitor you receive on your website at a fixed price. This scheme is profitable but dangerous at the same time due to the risk of losing all your money on the Internet.
If the above mentioned are the schemes to be avoided by first time internet marketers like you, then what type of internet system might be right for you? The answer is affiliate marketing. This system is beginner friendly as it is easy, risk free and very profitable.