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I Need To Make Money Quickly

By Edited Mar 12, 2014 0 0

This is probably the most frequently asked question I see on forums that help people learn how to make money online. There are several answers to this question. It all depends on

  1. How much money do you need to make?
  2. What skills do you have?
  3. What do you consider quickly?

First let’s look at how much money do you need to make. There are lots of advertisements promising you will make thousands of dollars in just a few days or few weeks. Most of them won’t work for you. I am not saying they are bad products or services (though some of them are.) Most of those types of products only give you a piece of the online pie. They may be perfect for generating traffic to a website, but if you don’t know how to build a website they won’t do you any good.  Another problem with many of these get rich quick ideas is that they work for the first hundred people who try them, but after that the process has been used to much and isn’t effective anymore.

Unfortunately as a newbie you are not going to be able to tell what is worth buying and what isn’t. Before making any purchases I always recommend checking  the website IMReportcard.com.  This is like an Angie’s List for Internet Marketing and Online Business products.

How Much is Enough?

 If you only need to make an extra hundred dollars or so a week then you can do this online fairly easily. If you need to make thousands of dollars a day you can still do that, but not as quickly.

For individuals who want to make money quickly online there are a couple of options.

  1. Sell other peoples stuff – this is called affiliate marketing and can make lots of money
  2. Perform tasks such as taking surveys or writing articles – this won’t make you as much money, but many people enjoy it.

Each of these relies on a different set of skills. Take a good look at what kinds of skills you have and what you can learn. Some people are very good with technical things and even if they don’t know how to create a Wordpress theme they can learn quickly and go into business for themselves. There are services such as Fiverr where you can sell your knowledge to others who are looking for services. Take a look and see what others are offering.

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How Fast is Fast?

Now the other problem with earning money online – how to do it quickly. What do you consider quickly?  Can you build an online business in 30 days that makes you thousands of dollars a month?  Yes!  Can you start making thousands of dollars a day in 30 days or less – nope.

The quickest and easiest way to make money quickly is as an affiliate. That means you are selling something someone else has made. The most famous affiliate is Amazon. You can sign up with Amazon and start selling anything they sell and making a commission off of each sale.

Now, the hard part. The amount of money you make will depend on what you are selling, who you are selling to and how good you are at marketing. If you create a store that sells the hottest toys for 2013 and start marketing in September you won’t make a lot of money until November and December. However it is possible to make a lot of money in December. If you don’t create the store until December you probably won’t make as much because you don’t have time to market it effectively. If you just market hot toys and leave off the year your store will be able to make money all year long.  It is very important to think through what you want to sell and who you are targeting. It doesn’t matter if 100,000 people visit your site, if only 10 of them buy something you won’t make a lot of money.

There are other affiliate networks as well. If you have a specific vendor in mind that you want to sell for the easiest way to determine if they have an affiliate program is to search for their name with the word affiliate. If they have a program it will pop up. However not all affiliate programs will accept you just because you want to sell their line of products. This is another reason it is a good idea to start with Amazon.

When I need to make money online quickly I usually create a Squidoo page and market something I am familiar with to the people I know will find it useful. Of course if you want to build a business that will grow to make hundreds of thousands of dollars a year it will require more time and effort. Making money quickly online can be done, but it isn't usually a long term business, just a short term project.

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