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.
Writing an eBook and selling it on your blog can be a great money maker. Your eBook should be directly relevant to your blog’s content so you can sell your book to your existing audience. Creating a recipe eBook for a food blog or an eBook full of training plans to complement your fitness site are just a couple of examples that have the potential to sell.
Wealthy Affiliate has thousands of successful members that are running their sustainable online businesses and making a full time income. I had the pleasure of interviewing one of the co-owners of Wealthy Affiliate and in the interview he stated that 100% of the members that complete the training and complete all of the tasks outlined in the training, are successful in creating a profitable business! You can see the interview by clicking here.
Let me add a comment and an idea about Chris Farrell. His teaching method is very good. He goes one step at a time; his video library is extensive; the fee for his Membership site is well worth it. I have two monitors and it's a snap to watch/listen to his videos on one and follow the instructions on the other. With the stop/go feature on the videos, it makes it real simple for an Idaho Farm Boy.
Running a coupons website can be very lucrative. Find a coupon niche, select a WordPress coupon theme, and then display relevant coupons on your site. When your audience uses the coupon codes or discount links, you will earn an affiliate cut, for example, you could set-up a site dedicated to iHerb Coupons or add a page to your website with Web Hosting Promo Codes. Coupon websites are quite high maintenance as they need to be constantly updated with new offers. However, if you build up an engaged audience and allow them to post coupons and discounts they have found themselves, then quite quickly your workload will reduce.
This domain can work for people in two ways. One is to get sudden bursts of income by selling a certain product. The second part is selling a service that gives you recurring fees. This course on Affiliate Marketing Strategy for Stable and Recurring Income can be very helpful if your objective is the latter. At 5.5 hours and 56 lectures, this is very extensive and useful for those looking at mastering this subject. Details are available here.
Many people forego the idea of promoting affiliate offers in fear that it is just too expensive. Because of this, there are only a few marketers who have the courage to become affiliates. But it is not that hard if you know what to do. In fact, there are marketers who managed to make some money without paying for anything. In this course, you’ll learn how to promote affiliate offers without running paid ads. You’ll learn the secrets behind successful campaigns that doesn’t have a huge investment.
This is also known as a sales funnel. The first few emails helps build your relationship with the subscriber. Later emails in the funnel are used to promote the Clickbank products. This setup works far better than any hit and run system. Research has shown that most prospect won’t buy on the first visit or email. They need to be hit over and over again. This is where the auto responder comes in. The sooner you set it up, the faster you’ll be in the money.
Pro tip for first-timers: Carefully consider the pay rates that are listed. Penny Hoarder Carson Kohler has used the platform to find freelance writing gigs, and she reports low rates — like $3 for 500 written words. It’s probably not worth it. (And, yes, you’ll have to scroll through a whole lot of these low-paying listings to find the good ones.)
Let us assume that you are into gardening. So you do a search for gardening and the next moment what you’ll see is all the e-books that were written by authors on gardening. Below the description of the book you will be able to see how much money you earn by referring your visitors to that book. Now, the reason why ClickBank is so profitable and attractive to many affiliates is that its commissions are very high.