Consider Online Self-Employment in Today's Economy

By Dustin Verley

With the U.S. economy in a weak state as it is, its hard for many people to find a stable job. Research shows, and proves, that the workforce is slowly decreasing in the amount of available jobs which in my opinion is straining the economy even more. Truth is, the economy is so weak that many are LOSING their jobs because of the economy.

So I guess this begs the question, how can you avoid from becoming a statistic?

The answer is more easier said then done but the best way is to work for yourself. Many of us have talents and skills that can help us assume the next step in working for ourselves. For example, some people are excellent landscapers so you may take the route of doing landscaping for others independently.

For those of you who love a good challenge though, this is what I suggest. Two words, affiliate marketing.

Affiliate marketing is the process of marketing products and services online. The process takes a little bit of time to learn to start but the end result can amount a good stable income. Even if you are a full-time or part-time employee, affiliate marketing could supplement your income a bit.

Why affiliate marketing compared to other sources of internet income?

Quite honestly, affiliate marketing is the most lucrative market to make money online. Surely you have other methods including dropshipping on eBay, but let's be honest, it's not promising you a more money as quickly as affiliate marketing. Some may speculate that dropshipping on eBay or some other source of generating internet income is way better then internet marketing, but that is not true. Keep in mind that's my un-biased opinion only.

How does affiliate marketing work? Affiliate marketing has three different tiers of earning. You can earn via CPL, CPA or RevShare. Below is a quick breakdown of what each tier is and how you earn from that tier.

1) CPA - Cost-Per-Acquisition usually implicates you selling an item, or persuading someone to take action or initiative on an offer. Although this sounds along the same lines as CPL, which you'll find out next what CPL is, I usually like to keep the 2 separated individually. CPA usually pays either a percentage or flat fee.

2) CPL - Cost-Per-Lead simply means to direct a person to complete a form that results in the generating of a LEAD. This could be in the form of someone clicking through your affiliate link to become a member of a site or filling out a college form. No matter what, CPL usually pays either a percentage or flat fee.

3) RevShare - RevShare is basically being paid a portion of the revenue that a company makes. Some may say that if a company makes a sale and your paid on a percentage basis then it's the same as a RevShare. Technically in my opinion this is right but RevShare usually pays a percentage PER PRODUCT SOLD.

So let's assume you have a CPA on a percentage basis and you sell 5 items that amount to $25.00 each. That's $125.00 total sale.

Now let's say your paid 20% of the total sale amount with your average CPA sale based on a percentage basis. That's is approximately $25.00 total you earn. Now what if its RevShare (which as I stated usually pays percentage PER PRODUCT SOLD.) Well, if its 15% per product sold and the product is $25.00 each. Instead of going over the equation, your amounting to about $18.75 total commission for a RevShare.

What is the most simplest form of internet marketing?

The most easiest form of internet marketing is called "BUM Marketing" - the concept being because an average BUM off the streets could get started making money online. All you need is time, the right keywords and niche, and of course your knowledge of the niche that you are covering.

Getting started in internet marketing is a easy task, assuming you have the right resources. To find those resources you'll need the three R's. Research, Research, Research! Once place to start is by searching Google or Yahoo or any other search engines. You may also wish to check out my blog if you'd like.

Dustin Verley is the owner of Wealthy Hustler -- a online blog that documents the venture of a 19 year old to become a successful online money maker. With doing so, he teaches his strategies and the countless ways of making money online as well. Check it out at http://www.wealthyhustler.com