You can generate traffic for this system using search engine optimization and/or Pay-Per-Click advertising. This system does not require you to create any product, nor does it require you to create large amounts of content. However, it does require certain business and marketing skills, as you must find an underserved market, connect with numerous affiliates already servicing this market, and figure out a way to introduce the two so you can get paid.
Here's how the system works in detail:
1. When a prospect arrives at your website for the first time, they are immediately greeted with your value proposition and an opt in form in exchange for something of value; this could be a free e-book, audio course, or notifications of time sensitive offers.
2. Once the prospect subscribes, they continue to receive e-mails that either offer important information and/or presales for affiliate products. Each e-mail contains a link to your website that has several related affiliate offers on it. For example, if you email your prospects regarding vitamin supplements, you should send them to your webpage that has several supplement offers. It's important to note that hyperbole does not get you very far in affiliate sales; sure, you might make more money initially but your unsubscribe rate will soar as prospects become increasingly disappointed in the products you promote.
3. The least expensive way to promote your site is article marketing. Open an account with EzineArticles and write dozens of articles geared toward your market. Be sure to optimize each article for a specific keyword that your market is searching for. This way, your articles will appear high in search results for those phrases. Be sure to include the proper anchor text and links to your site, and highlight the free resource they'll receive for signing up.
4. Once you begin to see consistent revenue from this method, experiment with paid advertising methods. If you are able to generate a positive ROI, expand your campaigns. Test and refine them further your self, or outsource the Pay-Per-Click management to an expert.
The main advantage of this system is you do not have to supply customer support for the products, as this responsibility falls squarely on the shoulders of the product developers. If you choose to stick with article marketing, your traffic generation requires no capital.
The downside of this system is the lack of control. You don't own the rights to any of the products, nor do you control their sales letters. However, your website yourself along with a well maintained auto responder can remain a valuable asset for years to come.
An excellent example of this method can be found at www.moneymakingbuddy.com
Additional Ways to Make Money Online
There are of course hundreds of other ways to produce income from the internet. If marketing doesn't interest you, consider writing eBooks for other sites, who do the marketing for you and pay royalties somewhere between 30-50%.
You could work as a freelancer, offering your services and expertise where needed. While I tend to focus on building my own systems- and adhering to my "get paid for the same work" axiom- I will occasionally act as a PPC consultant or teach a course at a local college. This keeps me sharp, and provides additional revenue to support whatever I'm interested at the time.
How about creating a forum about a topic you're passionate about? Once you reach a critical mass of users, start promoting products or accepting advertising.
Remember, it's not what you do; it's that you do something! The more you create, the more you make.
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