It is important to remember if you sold your site for 2 years revenue and it made $5000 a month, you would get $120,000. To earn that amount of money it could take you 6 or 7 years because of expenses and taxes. You also have to factor in how long it took you to build your business. If it took you two years and you sell for $120,000 – then it would be like earning an extra $60,000 a year.
Also known as CPA or Cost Per Action, Affiliate Marketing is an extremely profitable way to generate revenue for your website. The section of Affiliate Marketing goes into a lot of detail, rightly employed it can make your site very profitable relative to running CPM or PPC advertisements. It’s also a lot tougher to utilize, so let’s talk about affiliate marketing.
Italiano: Creare un Sito Web e Guadagnare Soldi, Español: crear una página de internet y ganar dinero con ella, Português: Criar Um Site E Ganhar Dinheiro Com Ele, Français: créer un site internet et gagner de l’argent, Deutsch: Eine Webseite erstellen und Geld verdienen, 中文: 创建一个网站并赚大钱, Русский: создать сайт и зарабатывать деньги, Nederlands: Een website maken en geld verdienen, Čeština: Jak vytvořit web, který vydělává peníze, Bahasa Indonesia: Membuat Situs Web dan Mendapatkan Uang, العربية: إنشاء موقع على شبكة الإنترنت وجني الأموال, Tiếng Việt: Tạo website và kiếm tiền, ไทย: สร้างเว็บไซต์ไว้หารายได้, 日本語: ウェブサイトを作成してお金を稼ぐ, हिन्दी: वेबसाइट बनाएँ और पैसे कमाएँ
A popular tactic to make money on social media is to pay for advertising affiliate products. Create ads for particular affiliate products that are big sellers and have a high yield. Then target these ads at specific custom audiences to ensure your ads are viewed by those who will have an interest in the product you are promoting. If viewers click through your from advert to the product page and make a purchase then you will earn an affiliate fee.
21. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
If you have a background in a specific field, you may find there is a demand for writing industry papers in your area of expertise. For example, there are often adverts for doctors, lawyers, nutritionists, and business experts from particular niches, to write white papers on different subject areas. These are well paid jobs that you will need to stake your reputation on, but that can often be worked on from the comfort of your own home.
The key to maximizing the results from your website lies in quantifying those results. There is something very powerful about knowing exactly what results you’re getting. For starters, you’re in a position to make smarter decisions because you can rely on real numbers, not guesses and hunches when it comes to figuring out if something is working or not, or if it makes sense to try something new. Data driven decisions are better decisions. It all starts with calculating and keeping track of what your website has done for you. For maximum effectiveness, this is something that must be done on a regular basis.
Sites like Share-A-Sale and Amplifinity provide referral fees. Vendors set the referral fees they're willing to pay and for what services. When the transaction happens, you get paid by the company for introducing a new customer to them. uRefer also allows merchants to set up referral programs for introductions and meetings, in addition to any transactions made.
WordPress websites can range in price depending who you decide to help you build your site, and more importantly what you need your website to do for your business. If you are just getting started and your have a basic business or brick & mortar, a website doesn’t need to do much, so you can expect to spend in around the $2,000 range for a decent, well built and thoughtful website. This will not include content, but any good consultant will at least help you with ideas and how to put in your content.
Before you even start to think about your website, you should take a look at your business. Are you a new business? Is your business running, but not doing so well because you aren’t doing well online? What does actual sales & profits mean to you, if you can’t spend $2,000 just to get going online, then you may need to rethink other aspects of your business.
The great thing about the website approach vs other methods is that you won't need to shell out tons of money on advertising. When it comes to online marketing, getting people in front of whatever you are promoting is KEY and this method eliminates the need to buy ads. You may not understand the gravity of this right now, but this is a BIG deal and you'll soon know why I say this.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.