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.
Dollarizing your results makes it much easier to avoid some pretty common pitfalls online. For example, we all know that in order for a website to be profitable, it needs traffic – a steady stream of people coming to it. The pitfall that most make is to measure the effectiveness of marketing activities based on the impact that those activities have on the number of people visiting the website. The problem is that this is a gross over-simplification. The easiest way to avoid this common pitfall is to dollarize your website’s traffic. This is done by calculating the value (in dollars) of a visitor coming to your website. The formula for this is: amount of sales / # of website visits = visit value in $$$. With this formula it is easy to see whether or not increasing traffic is also increasing sales, or if the increase in traffic is from people who don’t buy.
Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.
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.
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.
Something I’m experimenting more and more with and I’m not sure if it’s just me.. but it seems like the world has gone crazy about making products, they are everywhere which has educated the market so they know they have to purchase content now. The simple version of creating a product is as followed, create a 30+ page word document about something, turn it into a PDF and sell it.
Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses from their own websites. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
Good stuff (as usual). I just wanted to say that I’m leaning more towards non-AdSense type solutions as well as of recently. I’ve found that since both of my AdSense accounts were disabled (and my new Adsense account has yet to be approved for 2 months and counting), it’s much easier to work with different ad networks. This is because it seems like Google has tightened up their restrictions or something as of recently as far as approval is concerned. Most ad networks, from what I’ve found, don’t pay nearly as much as Adsense. However, I’m currently using Infolinks (which is decent) and also Chitika (not so good of results thus far). I’d really like to know what other companies have payouts that are reasonable as far as ad networks are concerned. Even though I’ve yet to try them, I’ve heard Altitude Digital Partners are pretty good. The same goes for Proioxis and ContextWeb, and Lijit to name a few you hopefully haven’t yet. Hope this helps everyone a bit. Please let us know what kind of experience you may have 🙂
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
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If you have previous experience as a computer programmer, or have skills in this field, then there is plenty of work you can pick up as a freelancer. If lack of confidence is holding you back, then Free Code Camp is an excellent way to get your foot in the coding door. This organization provides free courses where you will build real-life apps and programs, giving you experience and plenty to add to your CV.
This is a more technical way to make money online then most of the other strategies given. But you can get an excellent course on how to make it happen with Steve Chou’s Create a Profitable Online Store program. Steve and his wife have built a highly successful online store – selling wedding napkins – and he’s anxious to provide insider secrets to people who sign up for his course..
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
Now lets talk about demands you may have of the consultant. If you have done any research you may say “Hey, I want WordPress, X plugin to do this, and Y plugin to do this…”. However, if you were the expert in building WordPress websites, you would just build it yourself. Instead you should be worrying about how your new website will increase your profits & sales, right?
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
Bluehost has a great affiliate program for many reasons, rather than boring you with “Why?”. I’d like to talk about Pat Flynn who made $424,800 which accounts for about 40% of his site’s revenue in 2014 via BlueHost’s affiliate program and about $670,000 from all affiliate programs. Now remember his website has multiple sources of income and apart from his BlueHost affiliate program all his other income sources are at best $50,000 and not more. I’d recommend that you have a look at Pat’s site and his income statements, you’ll notice that despite the diversity in his income sources he makes about 65% of his income via affiliate programs. This should quite clearly illustrate the power of affiliate marketing.
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.
There are numerous printing companies that will print your designs onto not just T-shirts, but also hoodies, hats, posters, cushions, bags, and phone cases, to name a few items. These businesses also offer fulfillment services. This means that you promote the merchandise on your own site and once you sell a product the printing company will not only print your design but also send the item directly to the buyer. So all you have to do is concentrate on the marketing and selling of your products, and the fulfillment company will take care of the rest.
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.
Do you see all of those articles, tutorials and guides all over the Internet? Somebody wrote every one of them! If you have decent writing ability (no, you don’t need a journalism degree!), and knowledge in a few specific topic areas, you can be one of those writers. It’s an opportunity to make money online and without ever leaving your home. It’s also the kind of venture that can start out as a small side business, but grow into a full-time career.
Sites like Zyoin and WiseStep connect employers with prospective employees, many of whom are already employed and not actively job-hunting via networking. The main benefit is knowing who these qualified candidates are. Rewards for referring a candidate who gets hired range from $50 to potentially several thousand dollars. If you know a stream of job-seekers, you can break into the recruiting business without up-front or overhead costs.
Offer to watch children or pets. If you know anyone who has children or pets, you could easily begin a side gig as a babysitter or pet sitter. To let people know you’re interested, send out a group email describing your services, post an ad on Facebook, or tell friends and acquaintances about your availability in person or over the phone. You can also create a profile on a babysitting referral site like Care.com.
Normally you’ll be asked to test a few websites by visiting them and to document and record your reactions and thoughts as you go through it. It’s really easy to get set up making extra money online by testing websites. All you need to do is sign up to the following services: UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (UK only), or Side Income Jobs.
Blogger, which you can set up for free in less than five minutes, automates Google AdSense so that you can make money with your blog by displaying ads and getting paid when people click on the ads. To make more money, set up an affiliate program (see below) for books, music, and more, and insert your affiliate links whenever you refer to those items. A good strategy to set you on the path to success is selecting a unique topic, writing intelligent copy, and telling all your friends. You'll be off to a better start with a targeted audience.
My suggestion for you would be to kill all your website and create a one large website. From there you will have much more time to write content and promote your website because now you spend countless hours on maintenance alone and that’s not efficient. Large websites are much better received by Google and it is going to be much easier to monetize your website.
If my piece of content is so unique and valuable around hiking backpack recommendations, that other reputable outdoor websites are willing to link to it and build the page’s authority, then I’d have a very real opportunity to rank high in organic search for these search terms (meaning, my page will come up first when someone searches for hiking backpacks).
Holly told me she started writing content in 2011. At the time, she still worked a full-time job but created content online part-time to supplement her income. Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.