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
Andree3 Premium
Hello everyone... From my understanding, after we type our keyword(s) and click on Search, the results for the QSR should show. It did not for me (see picture attached).

Under the KQR I have to click on each one listed to get the QSR. That takes a long time. I clicked on the QSR, like it was shown in the video to rearrange them, but nothing changed.

How can all the QSR show automatically, like it was in the video?
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kozakiv Premium
So it happened to me.
Reply
DianeScorpio Premium
Hi - we are given the Jaaxy Lite version to use which means you have to click the results manually. You would need to pay extra each month to get the version that populates automatically. To be honest, it only takes a few seconds to quickly click down the entire column, you don't have to wait for each one to load.
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lyndonm1 Premium
Hi Andree3. Yes, I noticed the same thing when I started using Jaaxy. My understanding is that it doesn't auto-populate the QSR's with this level of subscription. I've however been clicking on each of the QSR's individually. It doesn't take that long to go through the entire list on the page. Consider it a minor hurdle to overcome on your way to success.
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Andree3 Premium
Thank you very much lundonm1 - Greatly appreciate your answer.
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Janine19 Premium
Is it necessary to upgrade my PayPal account to a business account to receive money from affiliates? I've seen on other groups people complain that their PayPal accounts get frozen if they have a personal account (granted this is from people who run drop-shipping stores, but I'm wondering if the same applies to affiliate marketing).

Any advice is highly appreciated.

Regards,
Janine
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Ramco Premium
Hi Janine,
Your Pal account is for limited amounts and is great for those. As you know they are normally frozen when transactions are disputed.
Once your business is up and running and you are starting to receive amounts from your affiliate(s) it may be sensible to then start thinking on a business account.
Costs are a major element in any business and there is no need to accrue costs unnecessarily.
There also the issues related to tax and a business account regarding all your transactions will be very helpful in gathering all your transactions exclusively to meet tax regulatory requirements.
For now so far as amounts are relatively limited staying with a pay pal account is sensible knowing you can upgrade to a business account when it is required by you.

Rami.
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Janine19 Premium
Thank you Rami.
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Ramco Premium
Your most welcome my lady! ;)
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StellaN1 Premium
I am not there yet but I will keep this in mind. Thank you
Reply
Ramco Premium
Hi Stella, your most welcome!
Rami.
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NatalyTeran Premium
I was on one of the lessons and kyle mentions how every niche is a good niche but how do i know that my niche is not over saturated making it even harder to be ranked?? B/c if alot of people do the same niche doesn't that make it almost impossible to reach the top ? im just a little confused
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DianeScorpio Premium
Hi - any niche can be profitable, but if it helps to know, the three most popular are health and wellness, making money and relationships. That makes them the most competitive.

You need to narrow your niche down to have less competition. So, not just a subject, but a target group too. For example, cruising for seniors, indoor gardening for students, vegan cosmetics for sensitive skin etc.
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NatalyTeran Premium
can i message you my niche idea?
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DianeScorpio Premium
Yes, of course. It is midnight here in the UK, so I am off to bed, but I will reply tomorrow.
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very helpful answer !
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That's good advice! Thanks...
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Hi, I created a website with SiteGround last night. What will be the next thing to learn? I am having some issues coming up with 'good niches' that will direct my content on my website. Any suggestions and help will be appreciated. I do not want to go premium just yet.
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TDomena Premium
As you go along in your training, you'll learn about how to build content, attract customers, make sales, find affiliate partners and more. The niche selection lessons are early on in the training. You'll see that very shortly.
Reply
Kyle Premium
I would recommend that you leverage that platform here to build and manage your websites. It is far more advanced than SiteGround and it will set you up for success as the websites here are fast, scalable and rank well in search engines.

When deciding on a niche and trying to narrow down to a more specific niche, I recommend you ask yourself the following question:

I want to help people that ______________.

Fill in the blank and you are going to be much closer to a specific audience. After you do this and if you want to run any further ideas by me, let me know and I will give you a hand. :)
Reply
Lesson 10 on the rocks... didn't say much about keeping up and running my website, just a review of what I've learned so far... so i have to find out a way again to bring in some traffic on my path with visitors... at this stage i'm only halfway toward make any profit. Thank you for all your lessons, but I'm not ready yet become a Premium Member. I thought that will be a guide to built up some categories for my website or something similar to start my trip, but not even a clue of how to get up and making my website work
Reply
DianeScorpio Premium
Hi - the key to attracting visitors is to add lots of valuable content, making use of keywords, and this is what you need to concentrate on during the early stages of building up your website.

Google views all new sites with suspicion for the first 6 months, so this is the period when you need to show your website is active. Ideally, you should be adding new content of a minimum of 1000 words, 2 or 3 times per week.

Affiliate marketing is a slow and steady process, and you are unlikely to make any income for at least 3 months, and more realistically it will be 6 months.
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feigner Premium
have you tried the other level one and the two classrooms
you still have a lot of content on the site available for free from members
so use the search bar - click on the stars at the top of articles you want ot read in the future and recall them with the star at the end on the search bar.
good luck progressing forward
keep us updated how far you get and when you feel you have get as far as you can Cipriano.
phil
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Wow, i didn't knew are other lessons to follow... i'm going to go and check them right away. Thank you for the advice.
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psalisbury1 Premium
Well Cipriano, for just 17 bucks more you can have access to ALL the training for the next month, well worth it IMO,,

Phil
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feigner Premium
but after that month you either have to stump up $49 or leave......
so why not explore the rest of the free content and wait till you have a few months of money together before leaping in.
just my 0.02c worth.
phil
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LiliB31 Premium
You don’t have to leave. Just know that for $49 a month Kyle is giving this away. You’re just not going to be able to get more of what you need if you’re not prime. This value here is well worth it and much more! It’s invaluable information and you’re not likely to find its equal anywhere else. This is an awesome opportunity. Or go yearly and save!
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