Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
That may be fine for other businesses, but my business is different. This is a dangerous line of thinking that holds people back, and it is something that I hear all the time. The fact is that all websites should be able to turn a profit for their owner. This doesn’t just apply to e-commerce websites; this applies equally well to websites for traditional businesses and even non-profits. Although the application of them may be different, the principles are all the same.
There are several to choose from to make money online. At kgbanswers.com and JustAnswer.com, you become an expert after taking a brief test. At these websites, a customer asks a question and receives an answer from an "expert." At kgbanswers, answers come via your smartphone. At JustAnswers, answers come via email or text message. Both offer subscription and per-question alternatives.
This monetization method is low-cost and low-risk. It’s never been easier to start writing an e-book, publishing it and making money from it. No additional costs for printing the books and publishing them. All can be done online, on your own website. And you charge a fee for the download link and collect e-mail addresses (for future follow-up and e-books upselling) monetizing this way your website. You can even gather past blog articles, give them a coherent structure and provide them to the public in the form of an e-book.
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.
Pro Blogger is an excellent example of a site with a very profitable job board system. When I checked out their job board, they had about 30 job openings advertised on 4 different pages, which means about 120 job postings. That translates to roughly $6000 revenue per month. To start your own job board you can use any of these WordPress themes and plugins.
Really it’s an awesome list through which one can earn money in a quick time without doing any investment but a proper way is the first thing. If you have the knowledge regarding online marketing then you can easily depend upon it for a healthy income source. Most of the people in the world are depending to earn money on online marketing. At last I would say it is a great list for a healthy income.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
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.
Two years ago, Jacco Blankenspoor wrote a wonderful article detailing the 10 best ways to earn money from your website, but as the web evolves at an accelerated rate (and as a result, the way we engage with the web evolves), it’s ever the more important that our monetization methods evolve with it. If we want to monetize our websites effectively, it’s essential that we stay up-to-date with the current web and social trends.
I appreciate all the good info in your article. I am looking for a good rule of thumb for charging for banner and link ads. My website is the world’s most popular in the field of speech/language pathology, with 6.1 million hits worldwide. The most popular message board on the site has attracted 650 unique visitors from 8 countries, and has 3,000 page views in 5 days. I am sure I can find businesses in the field to advertise, but don’t know how to figure charge and terms. Can you advise or point me to resources that can help? I feel like I am wasting opportunity every day and want to start earning some money through this site, while keeping it free for visitors to use. Thank you.
Drop shipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a drop shipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
Get paid to search the Web. Sites like Swagbucks.com and Zoombucks.com will pay you to use their online interface to search the web. To qualify, you need to be willing to download their search bar and use it for everyday Internet use. The only caveat that comes with this “gig” is that you might be paid in gift cards instead of cash. If you can parlay those gift cards into items you need to buy anyway – like groceries or gas – searching online can be a lucrative way to spend your free time.
I know quite a few people who review products on their blogs, it makes great content and if the product you are reviewing has an affiliate program, can make you a lot of money. You can review anything from software, to bikes, cars, hotels, holidays, food, anything you could think of and it’s all tax deductible (I believe) if you buy something to review.
Great list of resources – I think as Google adapts its algorithm post-Panda update, it’s going to be more important how you choose to monetize and promote your website. I believe some recent findings from an SEO company found that site with Adsense, for example, tended to perform worse in SERPs than similar sites without Adsense. Could be lots of factors, but interesting nonetheless. Thanks again for the post.
Become a proofreader. All kinds of businesses hire professional proofreaders to look over their copy and content for errors before they publish. This side hustle is one that could work for nearly anyone since you can work from home provided you have a computer and an internet connection. You can find online proofreading jobs through websites like Indeed.com and FlexJobs.com
Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service, refunds and so on. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. Sound like a lot of work? Sure, it is. Especially if you do it all on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
My examples may have been specific to the WordPress niche, because I am familiar with the WordPress. The commissions vary from sector to sector as the size of the deals vary. Look at all affiliate programs and identify the likelihood that they will generate a steady cash flow which is sustainable and builds over time. And test a few of them out before you settle on one or two of them.
The peer-to-peer concept is coming to virtually every corner of human existence. That includes the hospitality industry. Through AirBnB you can actually rent out your house for various lengths of time for a predetermined fee. That gives you an extra income on your house and gives the visitor the benefit of having an entire house, rather than being crammed into a single hotel room.
Promote your content using audience-building techniques. Next, you’ll need to start promoting yourself. Submit your content to news sites, guest-post on outside authorities, optimize your site for search engines and get yourself involved on social media. There are hundreds of ways to increase your content’s visibility, including paid options like advertising, so dig in deep and spread the word about your blog. Eventually, you’ll be able to build up a big enough stream of traffic to fuel the rest of your plan.
Find work. When you first start out, you may have to accept work writing about a topic you don’t find all that interesting. You must keep an open mind and be willing to accept work that may not be in your desired field. However, as you continue to write, you not only learn about more topics, but you also build your reputation. With time, you can be choosier about assignments you want to accept.
Another list building technique you should be trying, is a squeeze page. A squeeze page is a dedicated page on your site to getting a visitor to sign up for your mailing list. You can see an example of a page like this by checking out our squeeze page for our Traffic Domination video! If you want to create amazing high converting squeeze pages (+ a lot more), check out Optimizepress.
While this type of advertising does have a bit of a bad reputation for being spammy, there are a number of ad networks serving relevant, useful content — Disqus is making bold leaps with their “Sponsored Story” and “Sponsored Links” advertising that are built into the comment widget you might already be using. Even though Disqus take 50% of the revenue, you don’t really have much to lose if your website already has Disqus installed.
Working with Charles has moved my business plan from stagnation to launch! Before I started working with Charles I was floundering and frustrated, and had spent months trying to do things on my own. I had a vision for my online business, but the technology demands for setting up my website were beyond my skill level. I also needed guidance on building my list, so I was looking for someone who would do more...
No matter what method you select for generating your online income, there's one very important thing to understand. Today, across this globe, with its 7+ billion inhabitants, there are two recurring things that people are looking for more of. Either people want more time or they want more money. The truth? Time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever. Not money.