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 you 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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Recent messages
TimothyCulp Premium
So I finished up my website and I’m on lesson six. I just noticed on a Google search about two or three pages into the search results that there is a .com website with the same name as mine. Is there a way I can go about changing my name as I still have a good idea that’s close to the same?
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EmakAmelia Premium
Once we have registered a domain name, the URL can't be changed. However, we can still change our website title. We can change it in the General Setting of our WP Dashboard.
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TimothyCulp Premium
Thanks for your help....again! You rock!
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megawinner Premium
Hi Timothy! Usually you will be informed if there is already an owner of the domain name you have applied or tried to register.

However, using a domain name or website with the same name or very similar to existing one/s, this may result in legal issues such as trademark infringement.

When it is already registered you need to deal with the person who has the same domain name if he is the one who have registered first.- maybe you can buy the same from him or you can sell to him yours.

By all means avoid getting embroiled in legal violations.

Be careful,
Florentino
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TimothyCulp Premium
Great advice and I agree. I think they have the .com domain and mine is through the siterubix but I still don't want the similarity. That's bad business to me.
Thanks for the help!
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TedRod Premium
For the time being I had focused my direction on social gadgets that may include all cellphones, laptops, monitors, CPU`s,keyboards, head set, earphones and some minor items related to my niche. I want to see how it goes, and maybe later I may develop for another one as my second niche.
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HAP33 Premium
I kind a like the environmentally aware with the virus and you know the earths a iron or a voucher volcanically take part of the world off oh well just sync it under the ocean there’s so much did I just think it be really cool and with that you could be our selling them anything from paper bags to to garbage cans then fly ride over to Globe’s if you wanted too Good luck have some fun with it I’ll check in later and check out your site and check everything and check check your comes the check I got to go bye
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Here goes my first question!

I am trying to really narrow down my niche and I was wondering if anyone is able to help me out at all. When I think of what interests me these are the words I come up with.

Environmentally aware
Slow consumerism
beauty
ethical
healthy
natural
travel
women entrepreneurs
animals
babies
motherhood
alternative therapies

I'm not sure how to narrow these down effectively. Any help is appreciated!
Reply
EmakAmelia Premium
Hello,

Choosing a niche is a big step. You've got broad ones on your list.

A Niche should be specific, evergreen, profitable, a solution to a problem, and most importantly a passion you can live for.

What is it you are so passionate about? Something that you can turn into a lot of content that will fill your website with and attract visitors to your site.

Specific: Who is your targeted segment? Who will benefit from your site? Gender, age, occupation, etc.

Evergreen: it has an everlasting appeal to your audience/target market.

Profitable: this one is pretty self-explanatory.

A solution to a problem: You'd like to make sure your site can help your audience to address their problems.

Lastly, yes passion. Why? Because we will write a lot of content. It should be much easier when it starts with passion.

Say you choose for example, you choose the beauty category. This is a very wide category.
A beauty salon can offer a wide variety of services, including tanning, waxing, facials, massage, etc.
If, for example, we take one of these subcategories - let's say facials - this could be our niche. However, we could narrow it down even further by focusing on facials for business women 30 years old and over. That is a tightly defined niche.

When we target a specific target audience/target market, that means we'll have less competitions and can focus more of our efforts in building our business better. We won't waste time and energy rambling about so many stuff that will confuse our readers that visit our site.

I would say, do your research on the target audience you would like to help to solve their problems. What kinds of products you would recommend or review on your website?

Also, check out the competitions. How do they serve their audiences?

Here is the link to Kyle’s post about Target audience where you can find ideas for great niches. All the best,

Ferra
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MisterWailor Premium
What you can do is to give a score to how much you love the subject, and another score on how well you know the subject, also which one you can produce more content.
Pick the first 3 and go to Google Trends and see which subject is more popular, or you can just type in the keywords to see how many websites comes up.
After that, you need to narrow down your niche by using keyword tools.
You can start with one niche and do the other ones later when you have time.
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Jesseeley Premium
Hi Apenner, that's a great thing to do. You say you want to narrow down your niche, you mean narrow down your type of product. I know the boys have said this in their training but it's not correct. Niche is a segment of the market or of all people who buy products 😊
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IsmaeelI1 Premium
hi everyone, I am a newbie here and have no idea or whatso ever WA is about but I am glad to be here. Went through the first lesson and I can see that WA is a whole new world and I cant wait to get my business up and running. Well since I am newbie, I will be glad if anyone could spare me some advice . much appreciate!
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JosephRebisz Premium
You will have it up and running by the end of lesson 4. Any questions, just ask them. We're all here to help you:)
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I'm also a newbie. Just started today with WA. I'm currently on lesson 3 about choosing a niche. Learning some valuable information about affiliate marketing. Glad to be a part of the community.
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