Are you a people person? When I think about good ideas to make extra money I think about developing relationships with affiliate marketers and two-tier affiliate programs.
These are programs that pay out high commission rates on personal sales. They also pay the affiliate for recruiting affiliates who sell products as well.
This is known as a two-tier sale and can be a very profitable way to make extra money. People who do well with this income idea are people who understand how affiliate marketing works and can then teach their affiliates to duplicate what they are already doing.
The benefit of approaching your Internet business from this angle is you can develop a very large sales force that you can tap for various products as they become available.
Although you never quit completely selling product yourself, you will begin to spend some of your time teaching your affiliates how to also be successful.
People who do well in this type of Internet business are people who are very adept at social networking. This isn't for everybody but some people seem to do very well hanging out in social networks such as Twitter and Facebook meeting people.
You can create a blog that specifically teaches affiliates how to make Money on the Internet. You will convert some of those visitors into potential affiliates of your own by recruiting them into affiliate programs that have a two tier commission structures.
This ranks up there with the good ideas to make extra money because affiliate marketing is very popular and so is social networking.
Labels: good ideas to make extra money
