6. Affiliate Marketing
You don’t need to start a business, but you could build a business selling other people’s products or services and earn a commission. Affiliate marketing is one of the easiest activities to grow online if you understand online marketing. Scaling up the opportunity can happen fast once you have learned the tricks. Research a niche that has good demand and pays out a high commission.
Look at the numbers.
If a product sells for Rs 500, and say, you get a 10 percent commission, you make Rs 50 per sale. Now, if you can send five buyers per day to the business you are promoting, it translates to 5 x 30 days (online works 24×7!) = 150 buyers x Rs 50 commission = Rs 7,500 per month.
Now, if you were to run ten such websites doing similar affiliate marketing, you will make Rs 75,000 per month. All it takes is a well-designed, simple, low-cost website.
