What is the Best Home Based Online Business in 2021
Internet shopping is booming and knowing what is the best home based online business in 2021, will help you tap into this profitable trend. Long before Covid-19, the way people went about shopping for items was quickly changing to online orders.
Jump on the 12+ billion dollar bandwagon before it is too late!
Though there are several different kinds of online businesses you can start and operate from home, only one is growing in popularity with a higher return on investment. In fact you can operate one website business for as little as $1.40 per day.
That is not a typo. It really is that inexpensive for absolutely everything you need, except your own determination to see your efforts to fruition. One of the reasons that makes this business so popular and provides for a higher ROI is its ease of use.
This is the perfect home based business for beginners. Not only is the money making concept so easy to understand, you also do not have to do any kind of buying or selling. You’re probably asking yourself, how can I make money without selling?
The answer is simple. You will be paid by the companies that sell products. All you have to do is recommend the products, send interested buyers to these company websites, and you get paid a specific commission percentage for every sale made.
In essence you are the middleman between the company and the consumer. Almost every company that sells online, needs regular non-employees to help them gain more customers. In turn these companies will pay you for your successful connections.
What kind of online business is this?
This form of digital marketing has been around since the mid-1990’s shortly after the launch of the World Wide Web. PC Flowers & Gifts became the first major company to utilize this form of marketing in 1995 and Amazon became the second in 1996.
Though you may not be familiar with PC Flowers & Gifts, I am pretty sure you have heard of Amazon. One of the reasons Amazon has grown so fast has to do with its Associates Program of commission-paid affiliates, and they are just the tip of the iceberg.
Thousands of companies, both well-known and not so well-known with online stores, utilize this form of performance-based marketing known as Affiliate Marketing. The legitimacy of affiliate marketing is connected with the major online retailers participating.
There is no other form of internet marketing where well-known retailers like Walmart, Best Buy, Target, Home Depot and many others, would associate themselves with. For example, none of these companies would be involved with Multi-Level Marketing.
With the low cost and ease of operation, affiliate marketing is better than other forms of legit online marketing like an e-commerce website or doing drop shipping on eBay. Unlike these, affiliate marketing does not require selling nor customer service.
Why Affiliate Marketing is the best home based online business in 2021.
For the past 10 years since 2010 both online shopping and affiliate marketing has been steadily rising in both popularity and profitability. Now with people stuck indoors because of the ongoing global pandemic, more people are ordering products online.
Even once the pandemic comes to an end, people are still going to embrace the ease and convenience of making their purchases online. So why would affiliate marketing be worth a try in 2021 when people could just go straight to the Amazon website?
With people unable to go into a store to get an up close and personal experience with the products they seek to purchase, they will go to Google and other search engines to find information. This is where affiliate marketing comes into play.
With an affiliate marketing website you provide information on specific products. This can be done by writing reviews, creating top 10 lists, comparisons, and just giving your personal opinions. Buyers are looking for honest unbiased information.
Instead of going to a store’s website to read the reviews there and feeling they were written by a biased employee, people prefer what YOU have to personally say. Then once they are satisfied they can click on your provided affiliate link to the company store.
Get paid to promote other people’s products.
When creating an affiliate marketing website you want to first choose a niche, then decide which products in that niche you wish to promote. A niche is something that a specific segment of the population has an interest in. The below video explains how to find niches.
I WILL GIVE YOU MORE NICHE EXAMPLES BELOW.
Though a sport can be a niche you would want to focus on a specific interest in that sport. Let’s take the niche of NASCAR Racing. You could do a website about specific kinds of NASCAR tracks and provide information on local lodging and racing facts.
Other focused niches which are quite popular are in the Fashion genre such as waterproof hiking boots for women, leather coats for men, and pajamas for infants. Health and wellness is another popular niche as is travel. A niche can be practically anything.
After you select a niche and products you can provide information on to promote, you will want to find a company that sells these products. Though Amazon would be a perfect company to affiliate with, look for another company as well. Why do I suggest that?
Though Amazon has everything under the sun, their commission percentages tend to be less than other companies, So I will often include an option of another company website store for my website readers to choose that will pay me higher commissions.
Where can you start and operate your business for $1.40 per day?
Even though the money earning process of affiliate marketing is easy to understand, there still are some things that need to be created before you can start making an income. Just like driving a car for the first time, you will need to gain knowledge on how.
There are several online courses about affiliate marketing available to you. However most of them either charge you too much money by only offering the training and no tools, or charge you little to start and then upsells for additional training and better tools.
This was a problem I found when I first started, as have many others. Then I discovered the only affiliate marketing training program that offered EVERYTHING required for success for a low monthly cost. You may have heard of them, Wealthy Affiliate (WA).
Though I have tried other training programs before joining WA, what is offered here absolutely blows me away! This is why I highly recommend them here on my website and on social media. They let you start for FREE and then discount your first paid month 61%.
Wealthy Affiliate offers two payment plans, either monthly or yearly, which saves you $93.00 within a 12-month cycle. The price is well worth it based on everything available to you such as complete training, free programmed websites and 24 / 7 / 365 help & support.
What is the Best Home Based Online Business in 2021 and why?
Being able to purchase almost everything from your groceries to your automobile online, has proven buying on the internet is the way of the future. The global pandemic has shown us that digital marketing satisfies the needs of the worldwide consumer.
By using the internet you can create not one but multiple affiliate marketing website businesses in as many niches as you desire. Once your website is online it will work for you day and night, which equates to passive income, making money while you sleep.
You don’t have to buy, stock, sell, collect money & ship products like with an e-commerce website. You don’t have to sell, collect money, buy & ship products like you do with drop shipping on eBay. In affiliate marketing you are paid as the middleman.
Though several affiliate programs in almost every niche do not require you to have a website, many of the large online retailers will require it. With a website you can provide more detailed information people are seeking and reach the world market.
It was estimated in 2019 that the global yearly sales via affiliate marketing would reach 12 Billion Dollars in 2020. Thanks to the pandemic and increase in online sales, I am willing to bet that estimation far exceeds that amount and will continue to rise in 2021.
The economy has changed. Take control of your financial future now!
Affiliate Marketing is the answer. It requires very little money to start and operate it. The earning income process is simple and with the easy to understand training and tools at Wealthy Affiliate, beginners can take advantage of this profitable opportunity.
I have said it before on this website in 2020, the world economy will not go back to the way it was after the pandemic has gone away. Online sales will continue to rise as in-store retail sales continue to drop. The future of affiliate marketing will thrive.
FREE WA TRAINING – WHAT IS A PROFITABLE NICHE?
Just think of all the different products, services and experiences we all enjoy. Now think of how you can provide truthful info about these, helping others to know why and where to buy them. Then you direct people to a retail seller and get paid for that referral.
You’d be amazed at how many retailers you have purchased from, have affiliate programs you can freely join to earn commissions. In fact according to Mediakix, 80% of all brands use affiliate marketing to generate at least 30% of their online sales.
So get a piece of the 12+ Billion Dollar per year Affiliate Marketing Industry in 2021. The earning potential for either a nice side or full-time income is waiting for you. Are you a fan of Star Wars? See below. If you have any questions, just leave them below.
Hey Robert,
I have been posting blogs for about a year now and getting good traction from them, but I haven’t really worked on the affiliate marketing side of it yet. I think a year down the line is the right time for me to start working on this and taking action.
This article is very inspirational and gives me hope that I can succeed in the affiliate marketing world. I will let you know how I am getting on with it and if I have any questions or issues then I will get in touch. If that is OK with you?
Thank you for sharing and keep up the great work.
All the best,
Tom
Hey Tom,
You are welcome. The decision for when to start monetizing your blogs for affiliate marketing is certainly up to you. Many like doing so right away. However the way you are doing it is better in my opinion because you are building up both authority and traffic first, both which you will need to bring in money. You can always reach out to me with questions or help on issues.
Robert
Hey Robert. Great article ! I’m just beginning my adventure with digital marketing world and your posts about passive income and business diversification are eye opener. Thank you for clear and transparent info which is great starting point for all novices. I do believe that affiliate marketing has bright future looking how many business are moving to web due to all covid situation. I’m looking forward to use your recommendations and with every post you publish I’m learning something new.
You are welcome and I am happy you have enjoyed the information I have shared here in this post. In light of how the world economy has been rapidly switching to an all online sales ecosystem, and has been heightened more so because of the global pandemic, Affiliate Marketing is leading the way in being the best opportunity to earn income online by providing a solution for both the buyers and the website entrepreneur.
The issue with affiliate marketing that tends to elude most people is the lies they believe on the internet that to run affiliate marketing, you need a lot of money. Which is not the truth. Affiliate marketing offers the beauty of life and living for life and for ourselves. I really like all that has been shared here and I believe a whole lot more can be done to make the differences too. Thanks
You are welcome Isaak and you are correct in that there are many lies about starting an affiliate marketing business. The concept is simple and the monetary investment is always inexpensive.
The majority of expensive affiliate marketing training and programs that claim you have to spend thousands to succeed, those are mainly scams. These are the lies people need to avoid.