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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Jamzz4fun Premium
So I just went to Amazon and attempted to set up an affiliate account and man that become overwhelming. I didn't get it completed because they were asking questions we didn't know the answer too, like how many people come to our website a month. We don't have it up and going yet how can we answer that?
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Hi all,
I have question regarding an area I’m confused about: What if your site is promoting products that aren’t part of major affiliate programs like Amazon? Should I go back to the drawing board? I’m focusing on c2c (cradle-to-cradle) products; This means products that are made to a stringent set of environmental requirements and that do not go to the landfill at the end of their lifecycle. It’s common for these to be sold simply from the manufacturer’s or company’s site, rather than on Amazon, for example. I like this niche because I’ve worked in this sector, and am trying to make it work with affiliate marketing. Thank you!!
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mikebeatty Premium
Not at all. Almost every company has affiliate opportunities these days. If you can find some company or brand that promotes these kinds of products then you can reach out directly to them to see if they offer this. It may take a bit more research or work on your part but sometimes the rewards can be better in these types of niches
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@mikebeatty thank you! I'd considered that too, regarding reaching out directly, so it's helpful to hear you say that. As a follow up: My understanding is that I would want to be promoting as many products within the niche as possible, and in going the route we're discussing, would I be potentially "shooting myself in the foot" by having a site that niche? (In contrast, I am thinking of the sites that were demo'd in the video: the snack helmets and the supplements sites, both of which appeared to be more like large indexes.) Any info/thoughts are very much appreciated! Thank you!
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LiliB31 Premium
Oh wow Kyle, that was a really good video. I learned a lot. Thanks for explaining so well. Now, I have to think about what I’m doing with my website by narrowing down my specifics. One tip: If you ever upgrade that video training I would definitely put in the basketball 🏀 picture because everyone learns different and some people might prefer to see “how” you add it and what it looks like after its added - even though you did explain it. Just a suggestion. Otherwise wow I’m super excited to get started. You really make it simple to understand and I appreciate that. 😊
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shazam5677 Premium
Picked my niche but am now wondering if it is still to broad? I picked "Painting Tools" because of my 27+ years experience in the trade. Should I narrow it down some more or even choose something different? I have to say I am not passionate about it and it definitely isn't fun. What do y'all think? Any advise or help would be appreciated! Thank you!
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Jeffreybs Premium
Ask yourself will I be happy and content writing about painting tools for years to come, I think it is a good niche but if your heart is not it you might find it hard to stick with it
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LiliB31 Premium
Yes definitely pick something you are passionate about because that is what will give you motivation to keep going. It’ll give you enthusiasm and excitement. Ask everyone you know what the number one thing they think you’re passionate about and pick the top one if there’s many. I’d bet you’d be surprised at the answers. 😁
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LiliB31 Premium
Oh and still do that niche of painting tools but after the passionate niche. I plan on doing something different later but I have to follow through with nutrition because I can’t stop talking about it!!! 😅
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Jeffreybs Premium
You know it is funny I tried all the things I was the most passionate about, but I ended up with a successful business with something I had no experience or interest at one time.

With years online I developed the skills I needed and it became an interest for me, and a way for me to help other people so that is where the passion eventually came in.

Sometimes your passions are not enough, you need to learn some skills before your true calling happens
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DValentine Premium
Hey Steve - don't do something you're not going to enjoy - this new business of yours is something you're going to have to put a deal of sweat, tears and blood into it and, if you've no passion for the subject then you're going to run out of steam.

Do you have a hobby you like to talk about or a sport? Or is there something you want to find out more about - growing plants, taking vacations, fostering children, collecting fossils?

A niche can be anything at all - from tulips to mason jars, dishwashers to tailgating recipe ideas.

It's really up to you
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Jeffreybs Premium
I am very passionate about the health field, but it just was not meant for me to earn a living doing that. I still have much knowledge about health and a passion for it, but it just for some reason was not the right niche for me
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Jeffreybs Premium
If you could do anything you want to earn a living what would that be
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shazam5677 Premium
Right on! Thanks! I totally get it now. Yea, painting tools might be for another day and time. And that's cool. I'm gonna re-think this for a minute or two. I think computer software for the gaming crowd would be lucrative but I wanna start with something alot simpler while I'm trying to learn this thing. I'll let you know!
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shazam5677 Premium
Excellent! I appreciate it! I'm gonna re-think this thing a minute or two and go from there. I'll let you know! Thanks
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LiliB31 Premium
Sweet 🤑🤩🥳
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DValentine Premium
No problem bud - glad I could help in some way
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LiliB31 Premium
Yeah that’s understandable. So true! Yes our passions can emerge from anything and sometimes when we least expect it.
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shazam5677 Premium
That's a great idea, thanks!
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DaveU Premium
Hey Steve, as an ex painter myself, I think painting tools would be an excellent niche because of your experience. To be honest, I think I would be passionate about any niche that has the potential to make money! But I'm new at this and hoping to learn from others too, so most definitely consider and value the comments of those with more experience at internet marketing. And Steve, one other thing....I bet my Purdy is bigger than your Wooster! (Haha, a joke for painters!)
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GinaCook1 Premium
I have several ideas for my niche and not sure which would be the better option.. I have been making money using many avenues such as selling platforms Ebay, Amazon, Etsy, Macari and Poshmark. So thought it could be something those lines??

Or currently experiencing menepause problems so I find my self on google searching relief for these symptoms so feel this would be more profitable.. Just an opinion would be awesome.
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DianeScorpio Premium
Hi - your first idea would be the make money online niche, helping others to find online types of income. This is very competitive, but you seem to have a lot of experience in this area, so it could work for you.

Menopause relief is a popular subject, and there is certainly plenty of advice you could give.

Ultimately, bear in mind you will be expected to write a lot of content, on your niche, so which one can you think of lots of topics about, and would enjoy writing about?
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TJamerson-D1 Premium
What is the niche that you are making money on that involves Ebay, Amazon, Etsy etc.? Also I know that I am only 16 and I have quite a ways to go before I reach menopause, but I know a thing or two. I think it it is a great idea! There are many people who have no idea how to relieve themselves of the symptoms. I knew a lady who talked about using peppermint oil. I'm not sure how exactly I just remember it being mentioned. It may work for some and it may not. This is a fantastic niche because you are literally targeting every single older aged woman which is a smart move. That's my opinion
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GinaCook1 Premium
Thanks for advice this was the niche I was leaning toward.. Ebay, Amazon I resell clothing I have a men's store and women's store and a hard good store. Amazon basically retail arbitrage and books and Etsy I do custom Vinyl T-shirts and all of these sites are money makers but was looking to shake things up for the New Year You can't grow if you don't change things up throughout your life.
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TJamerson-D1 Premium
I love it! I agree you do have to change things up.
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