My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
Thank you for your response to Amanda, I was looking for ways to monetize my WordPress site. Are you able to share your best method for doing so on WordPress? Or will the list of options from the article work just aswell. I’m very green as far as e-commerce and I am looking to make a lasting impression with my future clientele and visitors to my site.
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.
Open an Etsy store. If you have a creative talent or skill – whether it’s creating art, sewing clothes, or making keepsakes – you can open an online store on Etsy.com and sell your wares for some quick cash. With your own Etsy store, you’re left in charge of pricing and, ultimately, how much you make. See our detailed primer, “How to Make Money on Etsy.”
Weebly's app center offers free and premium options aimed at boosting site traffic. You also can add apps that make your site more engaging by enabling testimonials or other visitor comments. Build an email list to expand your audience. In fact, writer Jon Morrow says on the SmartBlogger site that developing an email list is vital to making money on your blog, and suggests offering a freebie in exchange for addresses.
Learn then selling guidelines. Each marketplace has guidelines that define what you can and cannot sell. State and federal laws also impact what items are prohibited. In general, you cannot sell alcohol, weapons, service contracts, animals or event tickets. Also, while not always prohibited, you may find restrictions on how you can sell items in some categories, such as art, gift cards and coupons. eBay, Craigslist and Amazon publish these guidelines on their websites.
Online savings accounts usually come with crazy good interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). We’re fans of CIT Bank and Discover Bank (among others) because their interest rates are often over 25 times the national average. That means the money in your savings account will grow 25 times faster than the pace it’s most likely growing at now. Really, though, you can’t go wrong with pretty much any online savings account that offers over 1.50% APY 🙂
Multi-vendor marketplaces, like ThemeForest, can be very successful. Chose a niche and create a vendor website for it. Your marketplace could be anything, from a platform for local artists to sell their work on, to an online digital product store. Once set up, invite people in that industry to sell their products on your site. You take a percentage of their profits when items sell.
Considering that you have a finite amount of time, passive income should make up a large part of your work. And if you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Simply this. Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income?
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
If you have goods or services to sell, your blog or website is a great place to do it directly. Whether you design children's apparel, build handmade guitars, take gorgeous photos or offer web consulting services, an intuitive eCommerce platform like Weebly's makes it easy to set up shop, process sales and compete with big online retailers in both aesthetics and technology.
Whether you're looking to make some fast cash, or you're after long-term, more sustainable income-producing results, there are certainly ways you can make money online today. The truth is that making money online isn't as difficult as most make it out to seem. It does require some discipline. Sure. Without discipline, you'll find it tough to make a buck both online or offline.
Any good business whether just starting or existing needs marketing. I have met many businesses that most of their customers come from referrals, that is GREAT, except not always sustainable depending on industry. If you really want to grow your business, you will need to spend time marketing it, and with today’s technology none of that is more important than social media marketing. At ARC CTRL we teamed up with the master of social media herself, Bridget Willard to offer social media marketing for businesses, and we believe social media marketing is important for 5 main reasons:
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend products, tools and learning resources I've personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can't afford or that you're not yet ready to implement.
With apps being constantly developed, competent app developers are in high demand. Again, if you have the experience or skills to create successful apps then this could be something you could end up working on as a full-time freelancer. Check out adverts for developers on Toptal, a higher paying jobs site for experienced freelancers wanting to make money online.
Money can come through or as a result of your website in a variety of ways, depending on your business. For an online retailer this takes the form of online sales. For a brick and mortar retail store, this takes the form of leads and interest that is generated online and results in an increasing in-store foot traffic. For a local service business, the attention and interest generated online should show up in the form of an increase in phone calls from interested prospective new clients.
You have already made this mistake and there is no way to go back but you can still turn your website into a successful business but it is going to be much harder than before. You need to create a proper content strategy for your blog. Now you have published random articles that are not related to one another. You have to keep your articles around the same topic and link from one article to another to keep your users engaged. Also make sure to write a more unique articles because ones that you have written now can be found on thousands of other blogs with different phrasing but the same idea. For new bloggers it’s really difficult because you have to either write about subjects that no one have covered before or write a much longer article. Not just make your articles long and useless but provide valuable content such as research, scientific data and other things that can’t be found elsewhere. It’s not easy but there is no other way to get started in so competitive niche with so short keywords. It just won’t work.
– Project Payday is one of those sites that has testimonials of people who have earned thousands of dollars by getting paid to get trial offers. I’m not saying you’ll earn thousands, but it is legit and you can earn some extra cash. They assume that by paying you to do a free trial, you’ll either like the product and purchase it, or forget to cancel the trial and get charged for it. If you can keep track and cancel before you get charged (if you don’t want the product), then this is a great site for making some money.
Consider your expertise. If you take the time to reflect on your experiences, you will realize that you have more knowledge about which to write than you might think. Begin by listing three assets that define you, such as your profession, a special hobby or a personality trait. Next, list three things that inspire you, such as religion, education or charity. Finally, list three of your dreams, such as getting married, traveling or spending more time with your children. These three lists should give you many ideas of topics about which you can write.
I am reading your article, trying to get inspiration for my own website, i do genuinly think its a good idea. However due to the power facebook has, i just dont have faith in the internet anymore. Before 1999-2009 i felt it was so big and people would try to use different things, but now i feel that there is a massie vacuum and people are not trying to use anything else, they get sucked into facebook. The website i want to make will mainly compromise of forums so that people can talk about topics but do you feel that this is a feasible idea and that i could monetise it to a point where i dont need to work? It will really help to get your honest opinion on this. I am 30 years old married with one child who is 3, and am trying to stay responsible before following some pipe dream.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.