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


Top Helpers in This Lesson

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Recent messages
Debra300 Premium
Hello, my niche is people 40+, who have done a lot in their lives, are currently in relationship/career/and/OR pre-retirement transition, feeling lost, unfulfilled, looking for TRANSFORMATION, their authentic SELF, WILL, PATH and IMPLEMENTATION, substance, fulfilment and/or true love, via working with the un(seen) worlds. Is this niche too broad and if so, how should I narrow it down? Also, how could I offer my own services, in addition to the affiliate marketing? Thank you very much for your answers!!!
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Kyle Premium
Yeah, that is quite broad because in all reality that could mean EVERYONE over 40 (which is obviously too broad).

I would target a specific audience. Perhaps you want to help people that are looking for a change in "career", or people are lacking fulfillment and looking for that.

I just wouldn't try to target all of the different elements of this broader category all at once. You can diversify down the road as you build out your website.
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Debra300 Premium
Thank you for your feedback, Kyle! Perhaps then to focus on pre-pensioners or those in relationship transition??? How could I find which would be more beneficial and lucrative?
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DValentine Premium
Hey Debra
I just looked on a site called Udemy dot com that handles online courses and there are over 118,000 people studying spiritual healing on that site - spread over 122 courses!
They offer an affiliate program or you can create and publish your own course
Hope that gives you some motivation and/or inspiration
Reply
Debra300 Premium
Thank you for your input!
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RavensongMc Premium
I think I have chosen my niche, its eyewear/sunglasses. There are several reasons for this choice, I'm fairly familiar with most of the top brands. My personal favorite is Oakley, between ophthalmic and sun I have 14 pairs, ok I'm a freak for Oakley!
Admitting it is the first step right? LOL I can speak with some authority in this category as I am a licensed dispensing optician with 32 years of experience in manufacturing, sales and service of the top brands. What do you think? Good place to start?

Ken

PS Oakley has apparel too, just sayin. :-)
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Jeffreybs Premium
Sounds like you have a good plan and experience as well, I always tell people to follow your heart not your brain when choosing your niche
Jeff
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DrewGood Premium
Sounds like you are on the right path with a good foundation. Have you gotten into Jaaxy or WA to do the keyword searches for SEO? This will help you get a better understanding for domain names, titles and then your content posts.
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Sonny40 Premium
Sounds great. Be sure to mention that in your about me page
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DianeScorpio Premium
Hi - it's a good choice, and your experience will gain you trust with your readers. However, do be aware, that you won't be able to just take images from Google or other websites until you are accepted by an affiliate program, who will supply the photos.

You can only use copyright-free images, which are difficult to find for branded products. Luckily, you have your own products, so you can use photos you take yourself.
Reply
Sonny40 Premium
That's a great idea, Diane.
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Jeffreybs Premium
Great advice,
The last thing you want is to get into a legal battle over using images that are not roylaty-free
Jeff
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ronnytan Premium
Its an awesome niche! But, if i may give you suggestion. It would be better if you make it like "Sunglasses for ... (ex. beach, children, etc). So, your niche gonna be more focus. just my thought.
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Jeffreybs Premium
Good feedback
Jeff
Reply
ronnytan Premium
thanks for your kindness word
Reply
RavensongMc Premium
I have not yet and thank you for feed back and suggestion.
Reply
Jeffreybs Premium
Wish you and your family a nice holiday
Jeff
Reply
RavensongMc Premium
I wasn't aware you could do that! Thank you!!!
Reply
RavensongMc Premium
I'm hoping to promote ophthalmic and sun both prescription and non
Is that too broad?
Reply
Hi m8.
I'm a starter too. But reading your post, I can tell that you are a man with a vision. And sunglasses are one of the most popular things. Kids wear it so as adults. 32 years of experience. Man, you must rock this thing up. :)
Wish you much luck.
Reply
I am new and trying to find an idea for a niche , reading through the comments I saw yours and believe that’s a practical and perfect idea*
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RavensongMc Premium
Thank you, for me it just made sense to fall back on what I know. I retired from optical about 3 years ago and went into trucking. Due to health reasons I've decided to leave trucking and am hopeful that this new adventure will be lucrative enough to sustain me. No longer trading time for money would definitely be a blessing in itself. Good luck to you in your journey with WA! I hope it exceeds your wildest dreams.

Ken McHan-Ravensong
Reply
wesleyrice Premium
I am having trouble with the widgets. I have been able to create a new "footer" at the bottom of the page, however I have not been able to make changes to the "side bar" (its called "blog sidebar"), I am not sure what I am doing wrong,
Thanks,

Wes
Reply
Kyle Premium
Yes, then you can add whatever widgets you like to the blog sidebar and upon doing that, it will show up when you refresh your website in your browser.

What is happening when you try doing this?
Reply
wesleyrice Premium
Hello Kyle,

Thanks, it is specifically when I try to add a "video" widget and a "gallery" widget they do not show up. Most all other widget choices will be added to menu but not video and gallery
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alexander81 Premium
Affiliate links question!

If I would have an affiliate link on my website too, let's say an amazon product, will I only get paid if the customer buys the product the first time he goes to that affiliate page? Or could the customer log off and then come back to the affiliate page weeks later and buy and I would still get the money?
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Jeffreybs Premium
Most affiliate programs have a period that your cookies that tell them the visitor came from your site, but every affiliate program usually is a little different.

Another thing you are going to like even if they don't buy the product on your site but use your link to get to the affiliate site and purchase a completely different product you will get credit so if you get lucky and they spend a big chunk of money from your link you will earn more money

Choosing affiliate programs that pay 15% commission and higher is what I recommend if you are serious about earning as much money as you possibly can, so don't join the first program until you shop around for the highest paying programs within the niche you choose

I hope this helps
Jeff
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boomergp08 Premium
It doesn't matter when that person buys the product. As long as they go to the Amazon website through your affiliate link and complete the purchase within 24 hours of entering via your link, you will get the commission.
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AussieJeff Premium
Good to see your hard at work there, Alexander.
Amazon has a 24-hour cookie system and the person can buy other items as well and you get the commissions.
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alexander81 Premium
Ok! Does anybody know if it is always 24 hours? I want to be affiliate for a product that takes months of planning for the buyer... They will not buy that within 24 hours...The link has to be valid for at least three months...
Reply
Good question, been wondering about this myself.
To the Wealthy Affiliate community all the best over the festive season and the new year as well.
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Jeffreybs Premium
Good question but you will find it difficult to find many of the small paying affiliate programs such as Amazon to ever give you months from someone using your link but what you can do is insert more of your past posts to get more people to see past product links.

Jeff
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DValentine Premium
Hi Alexander - one way you could get round this would be to get your visitors onto a mailing list.
Have you bought this product yourself? Do you know how to plan to get it - is there a way you can smooth the process for your visitors?
If there is then you could supply that info in an emailing series that would end up with you supplying the Amazon link at the end of each email.
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Jeffreybs Premium
I am promoting programs that pay 15% and higher in commissions and the longest cookie duration in any of my programs is 30 days and not many of them will go that long

You might want to check into dropshipping instead of affiliate marketing for what you are wanting, you can open an online store on your website to promote drop shipping products as well

Jeff
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DValentine Premium
Alexander - just found out that Amazon does have a 90 day cookie (sort of). You can find more info if you search for 'Amazon Affiliate 90 Day Cookie' on your favourite search engine.
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Jeffreybs Premium
That is great news, what do you mean sort of
Jeff
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DValentine Premium
From what I've seen Jeff, if the shopper gets onto Amazon through you link and places a product into their shopping cart, the link lasts until the shopping cart expires (usually 90 days) - so it's not really a cookie but kinda acts like a cookie.
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alexander81 Premium
yes and it is strange cause it has to be the same for other affiliates that have links to these products today, products that cost around 200000$, I wonder who buys that within 24 hours...
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DValentine Premium
That depends on where in the customer buying cycle you connect with them.
If someone types in 'Maserati' into a search engine, they are unlikely to be in a position to buy the car but if someone types in 'maserati Ghibli Granturismo price' they are closer to buying the thing.
If they're typing in 'where can I buy a Maserati Ghibli Granturismo near me' they are very close to buying one.
So, you need to discover the search terms being used by folks who are close to buying the product and use those search terms in your content.
Reply
If I build a free domain website and later want to move it to a domain I own, do the followers I have on the free domain move as well? Will they still be able to find it the same as they did before? Does the Google rating/locator start over?
Reply
psalisbury1 Premium
Hi Chelsea, well that would be a Yes, Yes, No

everything is transferred safely and securely when you buy a domain name. Google will not punish you, in fact, when you buy a .com domain you will rank higher in Google

Phil
Reply
feigner Premium
the rankings will drop for a bit as with any major change, but redirection is setup to allow your previous visitors to find your new site - this is one reason for leaving your old site up for a month after moving.
if you go into sitemanager and click on details you wil lsee what you are getting with your site as a starter member
your site will be https - all wa sites are now - or have the ability to be secure.
good luck chelsea
phil
Reply
Hey Phil, thank you so much for this information! I appreciate your response.
Blessings,
Chelsea
Reply
Jeffreybs Premium
You can move your website any place or any time, and it will not affect you with search engines or your readers
Jeff
Reply
Excellent!! Thank you Jeff!

Chelsea
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Jeffreybs Premium
Do you have plans for the holidays, I do hope if you do they work out well for you
Jeff
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