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
Vallynx Premium
Hi, I just started building a website for a niche I already suspect it won't generate a lot of money because it is crowded already. However I want to get strated, learn and make progress. So, once I find a better niche than the one I'm aiming at now I will build a second website. (I have a premium subscribtion)
Is this a good idea ? Or should I first take more time to find a better niche ?
Reply
AbieAJ Premium
I suggest you follow the training progressively from start and choose a specific niche. (take more time to find a better niche)

You are allowed up to 10 domains.

You can use Jaaxy to drill down keywords. Look for searches (avg.) above 30 and competition (qsr. ) lower than 100, the lower the qsr the better (as in the training)

https://my.jaaxy.com/search/keywords

Do let me know if you need anything else. Have a nice day.
Reply
AparnaBansal Premium
The probem with hitting the right niche is that u only actually begin nderstading how this really works, a bit further on. So i suggest you try and spend a bit of time in finding a specific niche. Its a spin off between narrow and too narrow.
Reply
EmakAmelia Premium
Hi Gilbert,

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.

Probably these blog posts writen by Kyle and other WA members would spark an idea for you to choose your niche: All the best,
Ferra
Reply
michaelw777 Premium
You know what; I would just ask who you can about this. No Offense meant; I would just suggest you try asking Magistudios. Magistudios I think is an Expert around here. For him; just type his name into the search engine above.

If I am wrong about that? I Apologize; and other Members please correct. And if I offend Magistudios; I apologize; but the more experienced Members I think have to try to help out Members just learning; hope this helps?
Reply
GeoffreyC1 Premium
If you make your site better than the rest then it won't matter about the competition. There is competition for every niche.
Reply
mikebeatty Premium
Competition can be a good thing (at least you know it’s working for others!)

What is your niche idea?
Reply
Vallynx Premium
If I would tell you now I would feel uncomfortable, in several ways. So I don't. Maybe later. ;)
Reply
JeffWLewis Premium
Awesome! Level 1 - Getting started completed! (Again, lol)

One of the hardest things to handle is patience when starting over. Knowing that it is going to take time for any new website to really take off is a tough one, but there is no way around it.

It sure is great to be back!
Reply
michaelw777 Premium
That is great for you: But, if you have any questions? Please do ask? If you have a question? Please ask?
Reply
i totally agree with you.
Reply
GeoffreyC1 Premium
Yea it takes time and patience.
Reply
Piedpiper76 Premium
ok I hate that I'm one of those ppl that can't seem to figure out what niche they should choose but here I am. I originally had a niche picked out but once I got further into the training I realized that the niche I chose wasn't gonna be a feasible choice. I've already wrote my about me post on my website as it relates to my original niche so Im gonna have to go erase that and I've basically stopped going forward in my training until I can figure out what my niche is gonna be. Feeling very stuck. Need help
Reply
EmakAmelia Premium
Hi there,

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.

Probably these blog posts writen by Kyle and other WA members would spark an idea for you to choose your niche: To see if you can promote products or service in your chosen niche, try Kyle's trick by Googling: Your niche + affiliate programs.

All the best,
Ferra
Reply
GeoffreyC1 Premium
Don't worry, you can delete your website and start again.
Reply
I’m not really stuck on a niches. I just found more interest in the boot camp. Any advice on if this a good direction to go in Without expertise also is there any one else who took this route and how are you finding it so far.
For me tho I hope to learn and tech to other like me as that Is what I have been searching for until now any advice welcomed thank you.
Reply
EmakAmelia Premium
If you are following the Bootcamp Training (Make Money Online/MMO Niche), then realistically, it will take about 400 posts to really make a serious amount of income from it. If you are publishing 2-3 posts per week, then you can expect to start appearing on Page 1 of Google around months 3-6. This can vary of course based on your keyword research and your content quality etc.
The MMO niche is very competitive so you may want to choose the OEC training, your choice. It will generally take 3-6 months before you see any real ranking/income though. It takes a lot of continuous hard work to get there either way.
Reply
MruGwilliam Premium
Must you sell stuffs(like from Amazon ect) before you can make money online?

It's possible for you to make money online by just creating a website that people can get informations(solutions) about their problems. Problems like" how do I make money online then" then you are been paid as a result of them visiting your site.

Pls, I really need an explanation on this.
Thanks for the help.
Reply
JosephRebisz Premium
There are many companies out there to promote products for. That would be the OEC side of it. If you want to promote affiliate marketing, that would be the MMO niche, which is much more competitive. You may want to start with the OEC side and choose your own niche to promote products from other companies.
Reply
Matambo Premium
I don’t think you can be paid for people just visiting your site
Reply
JosephRebisz Premium
You can, but not until you get farther in training where you can add affiliate links to you website to sell other company's products. That's in level 3 of training.
Reply
DianeScorpio Premium
Hi - its possible to make money by using programs such as Google AdSense, where you get paid if people click on the ads on your site, but you would need a huge amount of visitors to make a decent income, and brand new sites are not accepted anyway.
Reply
zeta3 Premium
yes it is called Biz op go to the training that says bootcamp.
Reply
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