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Thursday, August 21, 2008

Online degree program

Online degree program is one of the emerging industries that offer great income potential for affiliates.

Online degree program is a boon to people who are unable to attend traditional colleges because of financial, time, distance and other constraints. In this article I'll show you how you can make money with the online degree programs by promoting them as an affiliate and give you an idea about the income potential. Before discussing about what you should do, you must understand a few basic things about online college degree programs.

The development of the Internet and the telecommunication technology has revolutionized many fields and distance education is one among them. Online degree programs are the newest avatar of the traditional correspondence course. Whatever be your present qualification and wherever you are, with some basic computer skills, the Internet, a computer, hard work and some money, you can obtain an online degree from an online university.

Classes are held in virtual class rooms. There are no physical class rooms. Communication with the teachers and the fellow students are through email, instant messengers and online forums. Lectures by efficient lecturers are delivered through the Internet as streaming audio and video files. Classes can be live and non-live. Assignments can be done online or offline and can be submitted online or offline.

Some online colleges and online universities conduct physical contact classes, if there is sufficient number of students in that area. But most international accredited online universities do not do that because of the cost involved.

Educators feel that online degree programs are better than the correspondence courses though they can never be equal to be the real, offline campus programs. Employers prefer offline candidates. There are many unauthorized schools and employers are not sure about the quality of the online degree education. However, this trend is slowly changing in some areas. For example, online computer degree and online accounting degree are more easily accepted than online MBA degree or online nursing degree.

While online degree from accredited online college and accredited online universities add value to the qualification of the students by providing accredited online degrees, the unaccredited schools aim at extracting as much money as possible from innocent students and giving them useless online college degrees. Some of these diploma or degree mills promise online MBA degrees or online master degrees in 10 days.

How do you make money with online college degrees?

There are millions of people who want to enrich their resumes with online bachelor degrees, online master degrees and online diplomas as they know that even a small additional qualification can make a big difference to their job and salary.

There are hundreds of online universities and colleges that offer thousands of online degrees and diplomas. Because of this stiff competition, these online institutions offer excellent commission and referral fees to people that help them to find prospects and students.

You don't have to sell anything to others. You need to send visitors from your website or blog to the websites of online colleges and universities. You can earn $5 to $15 (Rs.250 to Rs.750) for every referral who completes a request for free information from these schools. When they register as students, you earn $500. Yes, you can earn as high as $500 (Rs.25,000) per student registration. Usually an immediate $250 revenue share is issued upon student registration, with an additional $250 revenue share paid upon registered student's completion of the program. The market is still in its infancy stage. Already there are millions of aspirants. No one needs brains to calculate the income potential.

Already several hundred websites are online making money using these opportunities. But, many of them suffer from the following weaknesses: (1) Most of them are directory type websites. (2)They just give a list of all available online degree programs and the contact details without focusing on any particular industry. (3) Generally users would not find much content in these websites. In other words visitors do not have a positive user experience. When a psychologist wants to know where he can get an online psychology degree, what is the point in giving him a list of 1,000 online MBA degree programs? How will he know which online degree is real and which one is fake?

As the Internet has tones of knowledge on any subject, if you do research for a few days, you can collect as much information as you want on any subject. Then choose your niche. Don't try to be a jack of all trades. Concentrate on one industry that has great potential. For example, online nursing degree or online therapist degree do not offer much scope whereas online computer degrees and online business degrees have great number of takers.

Then create a website or a blog with how to do articles. Join the affiliate programs of as many accredited online colleges and accredited online universities in your niche. All these affiliate programs are free to join. These online colleges would give you a small piece of code. You must place that link on your website or blog. When a visitor clicks on this link, visits the websites of online degree provider, asks for information and/or joins a online degree program, you will get affiliate or referral fees.

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