Would you like you're very own money jar that that fills itself up with cash every month with very little effort on your behalf? By using the right online business this is a very achievable goal that almost anyone can do with less effort and time than a conventional 9 to 5 job.
Money jar is an old-fashioned term for a place where people used to store some extra cash for little luxuries or for emergencies.
However a money jar is now often thought of as a way to earn extra money so that you can enjoy a much better lifestyle.
Some of the best ways to earn more money is to start an online business; these are generally easier, quicker and cheaper for making money, providing you know the correct way to go about it.
By following some simple rules you can quickly learn how to build a residual income online and have your very own money jar flowing with cash.
I have looked at many different types of online businesses and even today I still believe that the best and most lucrative ones are in affiliate marketing.
Not only is affiliate marketing extremely simple and easy to do it is also very cost effective with incredibly low start up and running costs.
When compared to the start up and running costs of the conventional business there really is no comparison, and in my opinion affiliate marketing wins hands down.
The concept of affiliate marketing has been around for quite a few years now and is used by many large corporations to improve their business.
Imagine you have a large money jar and every month people put regular sums of money into your money jar for you without any input from yourself.
When set up correctly this is exactly what affiliate marketing does for you.
To build a business with affiliate marketing you only need to copy the following simple plan.
My first recommendation would be to take a look at some hobbies or interests that you have, or some special area of knowledge that you can pass on to other people.
This is known as a niche market, and by setting up your own niche market you will be able to supply valuable knowledge and information to a highly targeted audience who require your specialised knowledge and answers to their problems.
People all over the world have a huge desire for information products and services, these people will pay you well for your information, products and services.
Once you have chosen your specialist niche market you need to take a look online in places like forums, blogs and Google searches to find the problem is that people are having difficulty in solving.
Your next step is to search digital marketplaces for products that will resolve these problems. Some great places for these products are commission Junction and clickbank. There are also many other places for these products and services online.
A great tip to having extra cash in your money jar is to look for a repeat products and services; these are things like monthly or annual journals or magazines.
Also look for things like business courses, fitness courses, diet and weight loss and other products which are purchased on a regular repeat basis.
This is then putting regular sums of money into your money jar and helping you to build a secure residual income.
Every time you make a sale you will receive a payment in the form of a commission.
To earn these commissions all you need to do is to promote these products and services online or through cheap small ads in relevant magazines within your niche markets.
We find the easiest way is to use free marketing methods these include places like Facebook, youtube, forums, twitter and many other free advertising places which are available online.
By setting yourself up with several niche markets you will soon find that you can have more than one money jar, each of these can be bringing in additional streams of income.
The great thing about having more than one money jar is that it allows you to have more security and with less risk than the majority of conventional businesses.
