By Matthew Bredel
I have spend a lot of time over the past 6 to 8 months researching and trying out different ways of making money online. Some of them work, but a lot of them are basically scams or pyramid schemes. The two that stand out as both legitimate as well as popular are paid surveys and affiliate marketing. You may see them called a variety of different names such as “focus groups”, “paid to read emails”, and “mystery shopping” for paid surveys and “data entry”, “Clickbank money”, even “forex” (even though the real forex deals with foreign exchange of currency) for affiliate marketing. A sub-category of affiliate marketing includes “Adsense” money-makers. Whatever you want to call, they are really just two different ways of making money online.
Paid surveys are simple. You sign up on a whole bunch of survey sites and over time, you will receive invitations to take part in filling out a marketing (or other) type of survey. This includes online surveys, phone surveys, focus groups, mystery shopping, etc. Now you will not be receiving dozens per day, by maybe a dozen or so per week. These surveys can range between $5 each to $75. Making $100 per week is definitely achievable!
Affiliate marketing is totally different. Throughout the world of the internet, there is a marketplace based on referrals. Almost anything you buy on the internet has some type of referral or affiliate program. If you can send a buyer to a vendor’s website and they buy something, you (as the affiliate marketer) will receive a commission. These commissions can be percentages or straight values for the sales (or for that matter, leads or even clicks!). To promote another person’s product, you usually need to create a website or blog and advertise.
Both of these online money making programs work and they do work as they are described above. But, of course, it is easier to explain it in 3 sentences than to actually do it. So what one do you choose? Let’s compare the realities of these two work-at-home programs and find out!
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1) P
otential to Make Money
Paid Surveys: Making $500 per month is very doable, but that is pretty much the maximum in most cases.
Affiliate Marketing: The top affiliate marketers in the world make millions! But realize that only about 5% of those trying to make money through affiliate ventures are actually making money. (read on!) A solid affiliate marketer can bring in about $5000 per month.
2) Time Commitment
Paid Surveys: The initial start-up to sign up for the survey sites may take a few hours, but after that, your time will paid with the surveys or focus groups, etc. are you taking part in. You get paid for the time you put into paid surveys.
Affiliate Marketing: The actual “setting up” of an affiliate marketing campaign really does not take too long. But affiliate marketing requires a real commitment to learn the trade, research the products, advertise, and ultimately, become technically savvy enough to use the internet resources available to you (read #3). Once you develop the proper skills to do this, things become much simpler, your time commitment goes down and your earnings grow substantially!
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PAID SURVEYS ADVERTISEMENT
3) Computer Know-How
Paid Surveys: Your computer skills only need to be average at best. Once you figure out how to create accounts on the survey sites, everything is fairly spoon-fed to you. As long as you have basic email knowledge, paid surveys requires very minimal technical knowledge.
Affiliate Marketing: A lot of the well-written eBooks about affiliate marketing do a good job walking you through many of the technical steps. To get started requires very minimal computer knowledge. However, if you really want to make a considerable amount of money, it usually requires you to learn how to do some website design, host management and manipulation of code. You do not need to be a computer coder to be successful, but you should feel confident enough to edit a website.
4) Difficulty to Make Money
Paid Surveys: If you are willing to put in the initial !
time to
sign up for most or all of the sites provided and you are willing to spend the time actually doing the surveys, then making money with paid surveys is easy.
Affiliate Marketing: If making a million dollars was easy, we would all do it, right? Not many people can read an affiliate marketing eBook and start making a solid income immediately. Some people do not make a cent in the first few MONTHS (I was one of them!). A lot of people quit, but if you are determined and willing to learn the trade, the initial up-hill battle will flatten out! It may start off at $10-$20 per day, but once it rains, it seems to pour!
5) Start-up Fees
Paid Surveys: You really need to join a paid survey site program to be successful. Most charge a one-time fee of $30-$40. No other fees occur after this.
Affiliate Marketing: You should really buy an eBook to teach you how affiliate marketing works. This usually costs between $30 and $50. There are usually advertising costs (which can be fairly minimum, but not required). If you have your own website, you will have monthly hosting and domain fees. Websites are not required, though. Blogs are a free way of promotion these days. Of course, it is entirely up you how much you will spend.
What it really gets down to is what you are willing to give. Paid surveys are a conservative, yet honest way of supplementing your monthly income by a few hundred days (and believe me, a few hundred dollars can go a long way!). Affiliate marketing can be an initial uphill battle, which for some, leads to nothing. But the rewards can be very high and result in more than just a supplement of income, rather a career! Either way, if you try them out and it does not work for you, the other is always available and at the end of the day!
Matthew is a 31 year old online entrepreneur and engineer currently living in San Diego, CA.
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om">http://www.TheWebReviewer.com for more money making articles, resources and reviews on today
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Paid Surveys
Tuesday, June 27th, 2006
By Stephen Pierce
Copyright 2006 Stephen Pierce
How do I effectively develop an Internet marketing strategy? Every online business owner asks this question at some point in time. Unfortunately there is no universal answer to developing your Internet marketing strategy.
(Article continues below) PAID SURVEYS ADVERTISEMENT There are many different methods being used and new ones being tried every day. However, there are fundamentals that must be in place to develop a successful Internet marketing strategy.
- Internet marketing strategy one: Know your target market.
Don
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Paid Surveys
Tuesday, June 27th, 2006
By Joel Bissitt
The sandwich firm Subway has once again been chosen as the number one franchise opportunity in North America in Entrepreneur magazine’s 27th annual Franchise 500 rankings. This marks an excellent achievement for the food franchiser, as it has been in first place for the 14th time in 18 times. It has also held the number one designation since 2001.
Among the factors examined in the Franchise 500, considered the most detailed and valued franchise ranking system in the world, are financial strength, growth rate, company stability, start-up costs, percentage of terminations and the size of training and marketing systems.
Subway has received a number of other awards since the turn of the century, which include all parts of the business. One such example is being ranked first for customer service among US fast food restaurants in Corporate Research International’s Real People Ratings: Best of 2005 report, where mystery shoppers carried out tests on a number of outlets.
All this is a far cry from when the business, originally called Pete’s Super Submarines, was established in 1965 by Fred DeLuca and family friend Peter Buck, with Mr DeLuca hoping it would make him enough money to finance his university education.
After struggling through the first few years, the appeal of the shop, where people can eat a range of sandwiches with fresh ingredients, meant that there was great potential to expand the business and so in 1974 the firm, now called Subway, began franchising.
Offering a healthier alternative to many fast-food restaurants, the franchiser has taken advantage of a worldwide consumer trend over the last decade to eat more food with many nutritional benefits.
(Article continues below) PAID SURVEYS ADVERTISEMENT There are Subway franchises in several countries, including the UK, and recently the number surpassed 25,000. The franchiser also runs a number of initiatives and programs to promote its healthy food ethos. Its latest project is introducing California Fit Fresh Value Meals in 1,700 stores across the state, which comprise of “fit” items for adults and children.
California Fit adult meals contain sandwiches that have six grams of fat or less, a choice of apples, raisins and low-fat potato chips, with Diet Coke and water the drink options. Kids’ Pak meals have a light deli round, with only one per cent fat milk or apple juice available to drink. Both these meals are low in total fat, saturated fat and cholesterol, with the children’s option in particular containing a good source of essential nutrients such as vitamin C, calcium and iron.
This scheme is part of Subway’s pledge to support the Governor of California’s Get Healthy California program. Last year, Arnold Schwarzenegger praised the company for its long-standing commitment to providing consumers with fresh and nutritious quick service dining.
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