How To Make Money Online With No List, No Product and No Budget
In my visits to money making forums, I often come across questions like “how do I make money for free”, “can anyone make any money without a list” or “is it possible to make money as an affiliate”?
There are 4 simple ways to make money online if you are starting out and do not own a list, a product and simply do not have a single penny to spend.
1. Writing Articles and Selling Them
A very straightforward method is to sell original articles. You can either use project-based communities like Elance, Scriptlance and GetaFreeLancer to find work as a writer. Project assignments go for around $3 – 10 per article written depending on your skill level and reputation.
Alternatively, you can simply write a set of articles on a hot topic like dog training, dating and so on. Then sell them as PLR articles at forums like Digital Point forum. Go to all the money making forums and promote the sale. But the trick is to price each article below $1. If you can sell a batch of 10 articles @ $10 to 20 or 30 buyers, that is $200 – 300 in your pocket. Not too bad if you can do it every day!
2. Direct Affiliate Marketing
Since you do not own a product, you can simply sign up as an affiliate in ClickBank. This is the first step. The next step is to drive tons of traffic to your link.
Direct Linking Method
Basically, what this means is you promote the affiliate link directly. You can use a signature link that points to your affiliate link and be active in forums.
Go and post at least 10 interesting posts a day in each forum. Repeat it for as many forums as possible, minimum 10 forums. By doing so, you have 100 posts scattered around and 100 chances of getting some targeted eyeballs on your signature. Be creative and make some outrageous or catchy signature like “How to Make $100 Within 2 Hours”.
You can also leave your affiliate link in blog comments as well as free classified ad sites like Craiglist, BackPage, EPage etc.
Try this and do not be surprised that you will start seeing sales streaming in. One of my readers was so thankful when he made 2 sales shortly after doing so. While that is not a lot, but for a newbie, it can be very encouraging.
But one word of advice, try not to send all the traffic directly to the sales page unless the sales page converts really well! Otherwise, it makes sense to presell your prospect first.
Presell Method
This requires more work but it works like a charm. Do a review of the product be it at Squidoo, HubPages or EzineArticles. Direct the traffic to the affiliate product (EzineArticles require a website, so why not direct the traffic to a Squidoo lens you have created?)
Reviews are known to improve conversions by many fold. I personally tested it and found in one case that it actually improved the conversion rate from 1% to 5%.
Start driving traffic to your review pages using article submission, blog comment posting and forum posting.
Anyway, these are all free to set up, so why not?
3. Blogging
Go and start a free blog at Blogger or WordPress. Pick an expensive topic like Mortgage, Debt and so on.
Start blogging and update the blog frequently.
Do not use Google Adsense immediately. I discovered that it does not help you in the search engine rankings when you slap those ads on your blog while it is still fresh and new. Google often see these new blogs with Adsense ads as trashy “made for Adsense” sites and never love them.
But that does not mean you cannot put other affiliate product banners on it.
Build it for a while, at least a month or two before you put Adsense on it and you are safe and ready to receive expensive clicks.
One important thing you need to do is to ping your blog after posting. Ping it at http://www.Pingoat.com to inform the feed directories that your blog has been updated.
Building backlinks to your blog is vital. There are many free methods like article marketing, bum marketing, blog comment posting, forum posting and link exchange.
From this method, you are monetizing your blog by earning when someone clicks through your affiliate product banners and buys the products and click on the Adsense ads.
Once your blog hits a good PR, you can even start selling text link and banner ads on your blog. Participate in Adbrite or other ad networks for more cash.
4. Sell Your Own Products
This sounds contradictory. How do you sell your own products without creating one? Well, you can always download any product and treat it as your own by participating in giveaways like:
Viral Marketing Giveaway 11 - Download Your Free Gifts Now!
The IM Giveaway – The Most Massive Giveaway With Thousands Dollars Worth Of Gifts
There are tons of free ebooks, templates and scripts with Master Resale Rights and Private Label Rights (PLR). You can simply resell them for profits.
How to set it up?
Go to one of the free web hosts that allow you to upload web pages and files.
You will be able to find a lot of free web hosting services at http://www.free-webhosts.com.
Upload the sales page, download page and report. These are included in the resale rights packages.
Create a PayPal button for your customer to pay you.
How to promote the product?
Simply apply the methods I described in 1, 2 & 3.
So, here you have 4 really simple to follow methods to make money online without a product, a list and even budget. All the above are free techniques that work!
Once you have a hang of these methods, it is time to proceed to more advanced techniques as an experienced marketer.
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One Response to “How To Make Money Online With No List, No Product and No Budget”
By Robert Kennedy on Jul 4, 2008 | Reply
I am currently a wee bit concerned about my cash flow. Looks like I might be writing some articles at discounted rates for the next month. Great suggestions. Thanks,
Rob