This post contains the major essentials to make money on the internet. It is funny seeing the frustration as people find it difficult to make money on the internet. I was also in such a situation over a year ago.

I thought making money online was not might for individuals that have little affiliate marketing experience. That was my mindset until I was fortunate to discover the wealthy affiliate university.

I have rapidly grow an online business by applying their six simple steps on making money on the internet.

The six major concepts are

Picking a Niche

Creating or Sourcing Products

Designing Sales funnel

Creating your Website

Booting traffic to your website

Monetization of website

1. Choosing Your Niche

A Niche can simply be said to be a group of people having a particular interest, choosing a niche is usually a difficult task for newbies in affiliate marketing.

With practice you could really do well in any niche you decide to concentrate on. It is easier if your niche is in an area where you have skills or if it is your passion.

You could also choose a niche due to the high demand it has.

2. Creating or Sourcing Products

Every niche usually have its own unique products such products could be in the form of downloadable digital products or they could be physical products. For affiliate marketing, there exist many good affiliate programs that you could make use of.

You must be careful not to have products that are not relevant on your site. Pick and promote only relevant products.

3. Designing your Sales Funnel

This is one aspect that is often overlooked. It is an important aspect of the whole affiliate marketing process, it could be said to be the act of designing your whole online marketing business even before you build your website. A large percentage of your success depends on your sales funnel.

4. Creating your Website

By the time you are planning to build your website. you should have already gotten your niche and the products you plan to sell online. This should also be after you have designed your sales funnel.

Doing all these gives you an idea of the type of website you are to build. You can build different types of websites targeting different types of business structures. websites could be easily installed using word press and there are plugins that you could use to handle the financial detail.

A good example is using a shopping cart. Registering your domain name and your web hosting could also be grouped under this major aspect of affiliate marketing.

5. Boosting Traffic to your Website

Once you have finished setting up your website, all that is left is to generate traffic to it, Note that at this stage, the website already contains your merchant account and the products you intend to sell. All your efforts will amount to nothing if nobody is aware of your website and the products you are promoting.

There are basically the free and paid ways of generating traffic to your website, often times both methods are used. Apart from using free and paid methods of generating traffic, you could also use affiliates and joint ventures to promote your products.

6. Monetization of your Website.

After all, the main purpose of being in affiliate marketing is to generate lots of commissions. You need to have a structure that will be making you money even when you are not there. Usually you should concentrate on creating good content and traffic to your site. The monetization aspect should be the last thing of as much as you might want to start making money through your site.

Learning these simplified concepts of affiliate marketing with Wealthy Affiliate and applying them in my online affiliate business websites, my money making online has been greatly enhanced