We have a saying that “good data” is better than “big data.” Bid data is a term being thrown around a lot these days because brands and agencies alike now have the technology to collect more data and intelligence than ever before. But what does that mean for growing a business. Data is worthless without the data scientists analyzing it and creating actionable insights. We help our client partners sift through the data to gleam what matters most and what will aid them in attaining their goals.
Direct Sales— This is one of the most common ways of making money for stay-at-home moms. Direct selling is simply selling another person’s product or service to receive a percentage of the sale (commission). This has enormous potential, and can easily help you earn money online. A word of caution though — before you join any business opportunity, investigate the company, make sure the product is available and reliable, and ensure you have a good knack for selling. Stella & Dot is one of my favorite direct sales opportunities.
While any “regular” job requires you to be at work to make money, affiliate marketing offers you the ability to make money while you sleep. By investing an initial amount of time into a campaign, you will see continuous returns on that time as consumers purchase the product over the following days and weeks. You receive money for your work long after you’ve finished it. Even when you’re not in front of your computer, your marketing skills will be earning you a steady flow of income.
Online marketing can be accomplished by any person with general sales knowledge. To start you should consider 8 key questions (What? When? Where? Why? Who? Which? How? And How Much?) historically used by many philosophers, journalist, and even children in grade school learning a language. The key to marketing is first understanding the situation and context of what you wish to market.
If you don't learn to keep your roles as mom and businesswoman separate, giving each your full concentration for a set amount of time, you'll never feel like you're doing either well. To separate mentally from the rest of the house, set up a private office area, recommends Lauren Kohl, an attorney and mom of two in Newton, Massachusetts. She works out of a converted closet, a kid-free zone that helps her to detach from the rest of her house. If she can't see the dirty rompers in the hamper, she's less inclined to leave her desk to launder them, she says. Plus, it helps you disengage from your job if you have a door to close. If you don't have an office, try making a list of everything you're going to do the next day, leave it in your work space, and walk away. "You're doing something to turn work off," says Durst.
In the case of cost per mille/click, the publisher is not concerned about whether a visitor is a member of the audience that the advertiser tries to attract and is able to convert, because at this point the publisher has already earned his commission. This leaves the greater, and, in case of cost per mille, the full risk and loss (if the visitor cannot be converted) to the advertiser.
During my time in Chile, I was inspired by the book The Startup of You by LinkedIn founder Reid Hoffman and Ben Casnocha. The book basically argues that to succeed in a rapidly changing world and fiercely competitive global economy we all need to develop entrepreneurial traits and treat our careers like a startup. I think this is excellent advice as the new career trajectory seems to include a mix of salaried employment and project-based contract work.
I place emphasis on the “interested” aspect, as you may end up sticking with this topic for an extended period of time. As we’ve said previously, successful affiliate marketers are more likely to receive opportunities to sell other products in the future. In the same way you don’t want to build up a resume full of jobs you hate, don’t sell products for an industry that means nothing to you.
While working at home may not allow you to stay in your prior profession, it can allow you to keep your business skills fresh while you take a break from your regular job. The skills you learn while working at home, coupled with the years of experience, could be seen as justification for higher pay if you choose to return to your previous career down the road.