How Will YOU Make Money Online?

Great question!

The reality is that there are many ways to make money online! The problem is that people often get distracted by the "latest and greatest" product or service and they are never able to build a successful (and revenue generating) business as a result.

Today I am going to run you through one of the most fundamental, yet powerful processes of generating revenue online.

It is a proven process, it is one that we use, and one that 100,000's of other Wealthy Affiliate members use. It is also the ultimate "making money" process that worked 5 years ago and it is going to work 5 years from now (and beyond). It is a process that will reveal as much opportunity in the massive online world as you are willing to work for!

It is called Affiliate Marketing.

But, just one thing before you get into the MONEY "stuff"...

The making money part of your business won't happen quite yet.

Before you earn money, you are going to first be focusing on creating your niche website (which will take place in the next two lessons) and are working to get traffic to your website. Without a website, without content, and without traffic, the MONEY part simply doesn't happen.

So don't look at this like a race. You will reach success and a great deal of it, but before you build your own personal SKYSCRAPER of a business, you must first have a solid FOUNDATION to build it on. That is going to be our first goal within the Getting Started training. Cool?

Alright, let's continue on! :)

Below is a video walk-through of today's lesson and the process of "How to Make Money Online - The Process Explained". Just click the PLAY button to watch it!

 


In the coming days are going to be working through this process and by the end of this Level 1 training alone, you are going to have an awesome foundation in place that will lead you to much greater success.

Task #1: Understand the Make Money Process

There are MANY different ways that you can earn money online and many different ways in which you can build an entire business. The most lucrative and the one that we have been teaching here at Wealthy Affiliate for the past 14 years is Affiliate Marketing.

Below is a diagram outlining the process of making money through affiliate marketing.

There are now over 4 BILLION people online as of 2019 (YOUR audience) and these people are going to search engines, social media, or visiting websites for help all the time.

These people are looking for information, solutions to problems and to buy stuff.

That is where you are going to come in with your website and help these "audiences" by offering them information about what they are looking for. You will be "helping" these people, recommending products/services they can benefit from, and you earn affiliate commissions ($$) as a result.

There are over 550 MILLION products/services that you can promote as an affiliate marketer. The opportunity is incredible and it is only growing!

By Lesson 4 of this course you are going to have your very own "niche" website in place that you will use to connect with your chosen audience and make money with. You will have your very own slice of the internet opportunity.

Task #2: Create (Write Down) Your Financial Goals

You want to earn revenue right? That is great! In order to earn anything however, you need to have some goals in place.

In this task we want you to join in on a "money goals" discussion here at Wealthy Affiliate. You are going to be telling us what your goals are and going forward, we are going to be helping you achieve these very goals!

QUESTION #1: How much money would you be happy earning?

QUESTION #2: How much would you be ecstatic (ie, really excited) earning?

QUESTION #3: And how much TIME are you willing to invest to achieve these goals?


PLEASE make 100% sure that you do not skip this step and you revisit this post regularly when you are in need of some motivation. I can absolutely assure you that if you work hard at this and you are persistent towards these goals, you will achieve them. But ultimately it is UP TO YOU!

JOIN DI$CU$ION: What Are Your "Money" Goals?

In addition to this, it would be wonderful if you commented on someone else's goals they have posted within this thread. Aim to comment on at least TWO people's goals. You likely can network with many other "like minded" people here at Wealthy Affiliate and this is a good way to get your networking efforts rolling. We are a friendly bunch here at WA!

If you have any questions about any aspect of the make money process, feel free to leave them in the comments below.

Awesome, off to the next lesson now where you will be "choosing your niche"!



==> Want to Create a Full-Time Income Online? Our Premium Membership Will Speed Up the Process to Get There!

Tasks 0/4 completed
2. Understand the "The Process of Earning Money Online" Infographic
3. Join in on this discussion and add your personal "money" goals
4. Comment on at Least TWO People


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boujib Premium
Our friend ARCCRI asked a question in French and it seems it needs to be resubmitted in English for the benefit of everyone.
The question is: If you upgrade to premium and after sometime you find yourself obliged to go back to free member is that possible or not ? I understood that for some reason a member finds it difficult to pay that month or for some months the monthly subscription so he needs to go back to the free membership. Is that possible>
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DianeScorpio Premium
Hi - no, it's not possible. Once you have been a premium member, you can't go back to being a free starter again. If a member cannot pay their premium subscription, then they would be locked out of the platform.
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drivendad76 Premium
Hi TheaWolfe and welcome to WA. I would probably start with amazon products and amazon affiliate programs but its up to you at the end of the day. Selling your own products can be harder as you have to carve out a newer path. But like other's have said, choose a niche your interested in, that way writing about that niche will be easier. Having said that, don't try and re-invent the wheel. I've personally known people who have made their own products and be over the moon about it and thinking they've got the best product since sliced bread (and it probably is). But then they try and get it out there and they barely make any money. With products that are already selling, half the work is already done and that is the big advantage of affiliate marketing. You are providing quality advice and guidance to people who basically have a similar interest to you and who are a seeking a solution to their question.

You can also market your own products down the track once you know what you're doing and become more advanced. Also, be sure to ask for help as there is loads of quality help here at WA.

On a different note, I was going through keyword research with the Jaxxy program. This is just the start of the training but what a goldmine of keyword information, if only I had this before! The keywords I've chosen are quite competitive with competition scores over 100 but under 150, the next few days will be interesting. I feel another post coming on!
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I am in the section about setting money goals. I has asked me to post my money goals. When I press add nothing happens. I am assuming it is because I have not upgraded to the premium membership. I am unable to do this until my job goes back to normal hours after the pandemic settles down. Reduced hours = reduced pay. That is why I want to start an online business so I do not have to depend on an employer to determine my income.
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Likewise, new too, just getting started.
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Warly10 Premium
Hey there,

You don't need to be a premium member to add your goals.

And as a matter of fact, I just visited your profile and you've already added it
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JeffRios Premium
Keep your head up it will get better.
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So I am an artist and I sell empty wine and liquor bottles that I have decorated. I also sand and paint mirrors that I decorate too. Would that be an okay niche to make a website? And would my customers now be able to reach the website and place orders as normal? I
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megawinner Premium
Hi Annika!

O yes. You can create a website for Anni's Artwork. It is a wonderful idea. for as long as you would sustain your products which are your priceless work of art. A lot of us want to buy something special not out of mass-produced kind of artwork products. All the best.

Florentino
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Warly10 Premium
Hi there,

First of all, you can't have empty wine, liquor bottles... And mirror painted in the same niche.

This is supposed to be two different niches...

Second of all, do you want to sell your own products ?
If so, you will have to find a way to ship products to the customers... And this can be too much stuff...

Wealthy affiliate helps you become an affiliate marketer, meaning, you recommend other people's products and get a commission once someone purchase...

So what I would suggest you is to find a a niche based on something you're passionate about, because you'll write articles about that... And then find products related to that niche, and recommend them, and make money...

You can focus on selling your own physical products(Liquor bottles etc) later when you know exactly how online marketing works, and you'll have more experience.
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Aurore13 Premium
I think what warly 10 suggested is the wisest and safest thing to do. Get familiar with affiliate marketing first. Then you can try and sell your own products.
But I love the idea of unique bottles.
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UdbhaviS Premium
I got an idea for niche named healthilicious , I am thinking of categorising it as Snacks and Salads as of now . In snacks sections I would go for health bars, cookies, brownies , sweet potato chips, kale chips etc. And in the salad category I am thinking of adding microgreens in it, actually in this process I got confused. Please guide
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sahasrara Premium
That sounds like a good niche! You're on the right path. If you like healthilicious as your domain name, .com is not available tho. You don't have to think of the exact sub-categories at the moment. We are all advised to just go with the flow of the training.

Cheers,
A
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