How to Make Money Online for Beginners

Learn how to make money online for beginners. You’re never too young (or too old) to learn how to make money online.

Are You Ready to Retire?

Are you wondering if you’ll have enough money to retire? Or, maybe you just want to retire early.

How to Make Money Online for Beginners
How to Make Money Online for Beginners Image by geralt on Pixabay

You probably have not saved enough money for a comfortable retirement. While the top 10% of savers have an account balance more than $720,000, most people fall far short.

The average person is saving a smaller percentage of their income for retirement now than ever before. This trend means that most retirees will experience a decline in their standard of living as they spend through their savings.

Retirement Health Care Expenses Increase

An increasing number of people are afflicted with chronic diseases than ever before. An average person’s healthy years (or health span) is getting shorter. For example, 27.4% of seniors are obese and 25.2% of seniors have diabetes. Such diseases limit your enjoyment of life.

While people are living longer, their health spans are getting shorter. Chronic diseases like arthritis, obesity, and diabetes mean a reduced capacity to enjoy life and more health care expenses beyond what insurance pays. This means that most people will outlive their retirement savings.

Are you really ready for retirement?

How to Make Money Online for Beginners

More people are seeking sources of income beyond their 9-to-5 jobs. Even retirees are now rejoining the work force just to get by. And, many people, young and old, are looking to the digital economy. But, making money online, while popular, is not simple.

The fact is that you need to know a few things and do them well. But, many people are not willing to do what works. Instead they keep doing what failed yesterday. And they keep getting today what they got yesterday.

How to Make Money Online for Beginners
How to Make Money Online for Beginners

Statistics show that 95% of people who try marketing online don’t make much money, if any. Why is that?

It’s exactly like the famous quote: “The definition of insanity is doing the same thing over and over and expecting different results.”

The most important factor in your success will be whether or not you learn how to make money online. You need to be able to learn from people who are successful and then do what they do.

In other words, learn to model success.

How to Make Money Online for Beginners: Different Paths

People with the right training are making money online in a great many ways. Here are some of the ways people use the internet to make money.

Niche Promotion
  • Start a Blog
  • Start a Podcast
  • Develop a following on YouTube, FaceBook, Pinterest, etc.
Sell Your Skills as Services
  • Local marketing consulting
  • Website development
  • Sell solo ads
Sell Digital Products
  • Create your own info products
  • Sell other peoples’ products as an affiliate
  • Sell pictures you’ve taken
  • Promote affiliate products
Sell Physical Products
  • E-commerce Store: Sell Books, Clothing, Cameras, etc.
  • Start a Dropshipping Business

How to Make Money Online for Beginners: Common Threads

The first thing to realize is that an online business is a business.

An online business takes time, dedication, and some money. Not only will you need to make your online presence known, you will need to do the right things. This usually requires training. You can’t simply jump into the online business world and be successful without knowing the right things to do.

So, investigate various training programs and mentors who are actually doing what you want to do. Then, link up with their training to get started on the right foot.

No matter what type of business you want to start, there are a few strategies that are part of every successful online business. The most important strategies you need to think about are building an email list and using a sales funnel.

How to Make Money Online for Beginners: Build an Email List

If all your efforts go only to finding new potential customers, you are wasting a lot of time and energy. Once you find potential customers, get them to join your email list. This way you can contact them whenever you have something new to tell them.

How to Make Money Online for Beginners: Use a Sales Funnel

A sales funnel is important because it turns a prospect into a customer easily. The sales funnel starts by offering a valuable but inexpensive product. Then the customer, who is now an actual buyer, continues down the funnel where they are offered additional profitable products. A sales funnel produces more income for you.

Practically every successful business uses sales funnels. Cashiers in fast food restaurants ask, “Do you want fries with that?” Auto salespersons will ask, “Want an extended warranty to protect your investment?” So, you also need a sales funnel.

How to Make Money Online for Beginners

Using the internet to join the digital economy is an attractive way to earn an extra income. But, you need to learn what to do in order to be successful. This means you need to model successful people.

For maximum success you need to build an email list to contact customers again and again with new offers.

And, you need a sales funnel that will increase your income.

Learn more about these and other topics on our site and other sites.

Best wishes for your digital success,
Bob Sherman