Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant products.
I typically trash Clickbank as a low-quality trash bin for discount digital products worth very little money, and even less of your time. But the website is still alive and well, and as we see with products like Google Sniper 2.0 and Freedom Formula 8, people are still touting it as a great place to find things to promote for your online business. I decided to investigate further to see if it's actually possible to make honest money on Clickbank.
It is also better to view ClickBank as a tool for generating leads, instead of hoping to sell 100,000 copies of your e-book immediately. Use ClickBank to drive visitors to your website, then get them on a newsletter list and market to them repeatedly. You may want to offer a contest or freebie along with the newsletter to encourage people to sign up with you.
Just talking about Wealthy Affiliate in particular, they charge a monthly fee because you get help every day you are a member. Building a business is a continual process. Their fee is $49/month. You’ll also need a domain for $15/year. You have the option of paying for a keyword tool for $19/month. There are no other required fees or upsells. No expensive mentorships!
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look att how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
Normally you’ll be asked to test a few websites by visiting them and to document and record your reactions and thoughts as you go through it. It’s really easy to get set up making extra money online by testing websites. All you need to do is sign up to the following services: UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (UK only), or Side Income Jobs.
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
A general rule is to choose a product with Gravity score of at least 20. If you can find one of more than 50, even better. But be careful when you get into the triple digits. This means that the product is having strong competition, so make sure you’re prepared. You can also read reviews of products to measure public opinion. Are there a lot of complaints? Are there enough amounts of refunds? Make sure the answer is no.
You can even compare ClickBank to the topmost online marketplace Amazon. Now, Amazon’s affiliate program pays between four and eight percent. So if you sell a 50$ book on amazon.com you can only get maybe 4 dollars commission on that. Needless to mention that Amazon will have to pay you, the publisher, the author, the shipping and handling. After that Amazon gets a cut and if there’s a third party involved, they earn something too! So where do you stand in all this long list of people? Practically nowhere!
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.