In earlier days, there were so many scam websites offer quick rich schemes in online. There were also many paid to click (PTC) and survey websites offer few cents for clicking completing tasks. This is utter waste of time to do such silly tasks for earning few cents. Later, Google’s entry into pay per click world almost 15 years back changed the entire online space for small scale publishers. Today the situation is anyone can create a website and make money online. However, you should have a clear strategy in order to have sustainable online presence and making a life from your online income. You will be thrown out of the online world in no time without having such strategy. In this article, let us explain 5 steps to succeed with your money making website plan.
5 Steps to Succeed with Your Money Making Website
There are 5 steps to consider before building your online money making sites.
- Select your niche
- Create useful content
- Get decent traffic
- Find advertisers
- Start making big money
1. Choosing a Niche
Remember, the idea is to earn money from your website for running your life. In such case, you should focus on writing about the topic you are passionate about. It need not to be a difficult one and can be a very simple topic.
However, there is a one big problem with this approach. If you choose a niche with little value then it will be difficult to find advertisers. Even you find advertisers, then will pay very less amount similar to paid to click websites.
Let us take an example – almost all of us use Microsoft Office programs like Word and Excel. There are so many websites offer tips and tricks without much experience on how to use the package. If you are an expert in using Excel or Word, it is sufficient to kick-start your site with that niche. Over the period of time, many people will start asking you question about solving their problems. If required, you can also offer eBooks and training programs on your site to earn more revenue.
On other hand, choosing niches like preparing recipes or writing kid’s stories will earn very little though you have sufficient knowledge on that topic. Therefore, you need choose a niche for reaching competitive audience group in addition to your skill.
2. Create Useful Content
Instead of creating useful content for people, many of us make tow mistakes when trying to create content.
- Keyword stuff the content and write for the search engines.
- Copy swathes of text from the sales letter, thinking that sales copy will get their readers to buy.
Unfortunately, what you need online is a useful content that solves the reader’s problem and pre-sells them on the solution to their problem. In the above example, you can use your expertise to write Excel add-ins or VBA scripts and sell to users to solve their problems in an automated way.
3. Getting Website Visitors
This leads on from the previous point. If you provide useful content for people and add a bit of SEO (Search Engine Optimization), people will be able to find your website when they search using keywords.
At initial stage, you can try with social media and your friends to market your skill through your site. After few years of time, you will start traction from other similar website. This will help you to get many quality backlinks and improve the search traffic from Google and other search engines. The value of your website will increase when you start getting more visitors.
4. Finding Advertiser
Well, you may be wondering when we will talk about the pay per click money part of the website. That’s right – you need to have few years of patience, small money investment and huge time investment. When you get decent traffic to your website, it’s time to look for advertisers to earn money from advertising. Besides selling products, there are two ways to make money online.
You can apply for any pay per click advertisement programs like Google AdSense. It will easy to get approval when you have decent traffic to your website. After approval, you can start showing advertisements as per the guidelines and start making money from your site. Remember, as mentioned above, the niche plays a very important role in making huge money. For example, with 100+ articles on the site, a typical recipe site will earn hardly few dollars per day. However, a web hosting review site can earn 20 to 30 dollars per day for the same level of traffic.
There are a number of affiliate marketplaces on the web depending on your niche. If you want to promote physical products your best bet is to promote Amazon products as the approval process is easy to qualify for. If you are familiar with Amazon, you know that the range of products that you can choose from to promote is massive. There are millions of products to promote. Whilst the sales commission that you earn is low (4%-6%), you also earn a commission on everything your customer buys at Amazon. For example, if a customer buys the eBook you are promoting, but also buys a $1000 TV, you also earn a commission on that as well.
If you are focusing on promoting digital products then go for programs like Clickbank. It is one of the main digital product marketplaces and covers a huge range of niches. Clickbank merchants usually instantly approve affiliates to promote their products and the affiliate commission earned usually ranges from 50%-75%. In addition, some products also have a sales funnel to make you even more commissions.
5. Making Money
You can combine AdSense and affiliate marketing to make handsome money from your website. Remember this is not a quick rich scheme. Google AdSense needs lots of guidelines and need plenty of quality traffic from search engines. Similarly, affiliate marketing needs you to provide useful content, pre-sell the product that provides the solution and people will click through to the sales page. Though very few people buy the product, you can make big commission depending upon the product.
Following the above steps need few years to start making online money from your website. This will of course depend on your niche, the quality of the article and the offer you have chosen to pre-sell. However, it will make a big difference in your lifestyle that you can be your own boss. You don’t need to work hard for someone throughout your life for the purpose making money. Your website can be a cash generating machine works for you even when you are sleeping.