Proven ways of successfully making money in your underwear from anywhere in the world without being a model.
By: Terrell Flautt
How to make money online is THE question that we will address here.
A lot of us want to be a digital nomad or just want to generate a new source of income.
Here is a list of ways that I have made money online as well as some ways other people are making serious money by harnessing the power of the internet and social media.
1.) Affiliate Marketing
Affiliate Marketing is perfect for anyone who has a laptop and an internet connection.
Honestly, I love affiliate marketing and that is why it is the first on this list. It can take a little while of learning but with some trial and error and the right resources, combined with the right products, can make you so much money.
Lets look at a successful affiliate marketer and how much money they are making:
- John Crestani – Ever since John Crestani read the book “4 Hour Work Week” when he was younger it changed his entire outlook on life because he now lives and breaths affiliate marketing. According to Forbes he is now making $500k per month online.
2.) e-Commerce, drop shipping
Drop shipping is a great way to make money online because it is another way that you can sell someone elses products and still get paid.
With dropshipping you also only need a laptop and an internet connection.
Usually what people do is create an online store using woo commerce or shopify. They fill the online store with products from wholesale suppliers and then mark up the price to create a margin of profit and then market the site using paid advertising and social media.
The most appealing thing about drop shipping is that you do not have to pay for your inventory and store it.
When your customer places an order on your website you simply place an order for that product with your drop shipper and have them send your customer the product.
There are some great resources to learn about becoming a drop shipper on YouTube.
Rory Gannon and Wholesale Ted being two of my favorites.
If you check out their channels be sure to let them know you found out about them from modernfinancialguide.com!
3.) Amazon FBA
Fulfillment by Amazon is a new way that many sellers are making a killing selling someone elses products online.
With a relationship with wholesale distributors and Amazon’s fulfillment dept. you can simply have your supplier ship the product to amazon’s warehouses so amazon can store it for you. Then amazon will list the product and sell it for you while taking care of the shipping and everything else. Once you have all of the logistics worked out this can be an extremely profitable source of passive income.
There are other ways to make money online but affiliate marketing, dropshipping, and Amazon FBA are the big 3 that we will be discussing because the methods we use to push traffic to our websites are very much similar among these 3 ways of making money online.
Regardless of which method works best for you, social media marketing is one of the best ways of getting traffic to your site because it is from your own loyal, personally cultivated, audience that trusts you. Nobody is more likely to buy from you than your social media followers.
Use this guide to learn how to use social media effectively and efficiently!