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.
For over three years, I struggled with websites that broke down, lacked SEO and were not attracting traffic, all with website developers who were difficult to reach or understand. When I asked potential clients how they found me, I kept hoping that just once they would say “through your website”, but that never happened – until I met Charles. Charles has gone above and beyond anything I ever expected from a website...
Amazon will have you work on micro-projects that require some sort of human interaction. Tasks can include translating a paragraph into English (or another language), rating the search results for certain keywords, or reworking an article. The tasks are simple, and you will be paid a small amount to complete each. But if you do enough tasks quickly, you can make a respectable amount of money.
It is acceptable to make micro niche website but only if you can offer content that it is not possible to find elsewhere. If you are writing a post about “how to make money” it will never ever rank on Google because there are millions of articles about this topic written before. However, you can get much more creative and write your article titled “how to make money from birch syrup”. Most likely no one has ever covered this topic and being first is a huge advantage. Another option is to offer better content than anyone else. We can use the same “how to make money” article as an example. if you write another post 500 words long it will never get noticed by Google. But you can be more creative and make a huge study out of it and write a 10,000+ long article with graphics, images, spreadsheets and much more. That way you dramatically increase your chance for getting noticed by Google. Writing articles like these will take you several weeks or even months but it’s doable.
Market your course: The beauty of using a course to make money online is that you can continue to sell it for as long as you’d like. Look for niche communities on Facebook, LinkedIn, or Reddit that might benefit from your content. Guest post on relevant blogs and sites. Look for anywhere you might be able to get in front of the right people. With just a few hours a month you can continue to generate sales.
Set up the site. Choose a website building platform, such as WordPress, Joomla or Drupal. Next, choose a domain name and web hosting for your site. The domain name is your web address. Web hosting is a service that connects your site to the internet. Once you have your domain name and web hosting, go to the control panel of your hosting account and install your website platform. Design your website by choosing and installing a theme.
Last thing to keep in mind is that $2,000 is a good price for a customized website, something that is more or less pre-built but then customized to fit your business needs and styling. If you are asking for something to be built from scratch, you are going to increase your budget, but that shouldn’t be necessary unless you have a very specific business need.
Good ethics demand that you be transparent with your readers; let them know you receive payment from these advertisers. You'll want to distinguish it from your own, independent content. Federal Trade Commission policy, which prohibits deceptive advertising, calls for disclosure on ads that appear to be regular articles. Here's the commission's guidance on the topic.
Your website should help people learn more about how you can help them so that they self-select and come to you pre-sold. This is how you increase the percentage of prospects that become customers. This doesn’t happen by blathering on about you and your company – it happens by engaging with people through your website about what is really on their mind – making it easy for them to get the information they are seeking, their questions answered, all the while increasing your position in their mind as a trusted authority. Done right, a website can be an extremely powerful tool to help properly setup the sales conversation so that by the time the conversation actually takes place, the prospect has already determined that your business is the one that they want to work with.
Tip #16: Sponsored reviews help you get your hand on products that haven’t yet reached the market yet. Many gaming related YouTube channels receive access to games as beta testers and some tech websites are able to get their hands on new laptops and graphic processing units before, they hit the market. This can offer a significant edge over your competitors.
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.