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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angelayao20 Premium
i have already chosen a niche,but must it be a niche that promote products and services? My intial website is more of a blogging site, and the one I just started here at WA is a non-profit organization related to the niche. Im' a little bit confused on the creating your online business part.
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EmakAmelia Premium
Hi Angela,

With our blogging or non-profit organization site can still generate money by joining affiliate programs or putting ads like Google Adsense, etc.
With your blogging site, who is your target audience? Say, if it is a young mom who wants to stay-at-home and make money online, then you can offer your expertise related to blogging in your contents. You can promote domain or hosting company etc. You can even create your own products like e-book etc and offer it to your readers.

Hope it helps,
Ferra
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angelayao20 Premium
Im still waiting to access my blogging site for the techsuppprt team. And although I have the passion to start a non for profit, it is not a simple task as it seems, also there are financial constraints too.
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EmakAmelia Premium
Hi Angela,

I have no experience nor expertise regarding building a non-profit site, however doing some research about it and look for examples from existing non profit sites probably would help you to get an idea of what to do next.

All the best,
Ferra
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sdawson Premium
You are fortunate that there is an awesome SPECIAL PRICING available right now through May 11, 2020. You can upgrade to Premium annual membership for only $299/year. that averages out to about $25/month. The regular monthly cost is $49/month. See how much you could save. After May 11th the annual pricing will be $459/year. If you possible can, take advantage of this special pricing if you want to be a Premium member. -Shirley
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kbiel4 Premium
If one upgrades to Premium annual membership for only $299 (before the May 11, 2020 deadline), will that $299 remain the annual amount due for each subsequent year?
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EmakAmelia Premium
Yes, you'll be grandfathered with the same pricing of yearly membership subscription.
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kbiel4 Premium
Thanks for the response. I thought there was a "grandfather" clause, but wasn't sure.
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EmakAmelia Premium
What is Grandfather Pricing? Grandfather pricing lets existing customers continue paying the same price for a product while you change pricing for new customers.
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Sandi777 Premium
Should my Niche be Meditation, would it be better to choose just Meditation, as this will give me a bigger market that will allow for selling Accessories, music, workshops etc. etc. or is it better to "fine tune" for example JUST music or JUST accessories etc? No idea how this works yet.....
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Sandi777 Premium
Sorry guys, didn't see the question section where I was supposed to ask my question.....still a bit doffy as a newby!!!
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Ivan88 Premium
Hey, meditation is a great niche that has got a lot of potentials. If you are thinking about narrowing down your niche, this post from Kyle is going to help you a lot.
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Sandi777 Premium
Thanks Ivan, I'm having a bit of a hard time finding my niche. I want it to lead to meditation but don't want to rule out people who want reflective awareness but are wary of meditation because they think it's difficult or not for them. They must have the choice to choose as there are many ways to meditate to experience life change.
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Sandi777 Premium
Should my Niche be Meditation, would it be better to choose just Meditation, as this will give me a bigger market that will allow for selling Accessories, music, workshops etc. etc. or is it better to "fine tune" for example JUST music or JUST accessories etc? No idea how this works yet.....
Reply
merlynmac Premium
You want to narrow your focus. If it's too broad, you'll end up getting lost in the sea of competition. If it's too narrow, you'll be limiting your potential target audience. It's a balance really.

What about Meditation for <put your desired result here> (i.e., relaxation, mental sharpness, etc.)?
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Sandi777 Premium
Thank you so much Merlyn.... makes sense. That way I can also promote anything really that will enhance THAT kind of meditation. I don't know if meditation will work as a niche but it's one of my passions and the market for that is far less competitive than exercise and fitness for example....which is my other passion.
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merlynmac Premium
Happy to help!
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femicha Premium
Question please: Let's say I have an affiliate link on the snack helmet which took the customer to the amazon page if the customer/consumer decides to buy another product while on amazon? am I still getting paid? considering the fact that the customer got on amazon via the affiliate link.
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DianeScorpio Premium
Hi - yes, you get a commission on anything the customer buys within 24 hours after clicking on your link.
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femicha Premium
thank you for the answer. That was helpful.
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ChrystopherJ Premium
What Diane says is spot on, all I'll add, just in case this was a hypothetical question. If it in't an Amazon link, but instead for another Affiliate Program, then it might be longer than 24 hours. I.e. the Cookie Timeframe for WA is Lifetime. A lot of programs have 30, 60 or 90 days for their cookies.
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I learned from your answer mam Diane...:)
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i m intersted to your respense you look profissienal
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RRossal1 Premium
Awesome ! You get a commission, the word everyone loves to hear ! I just started my training I know if I go to work that eventually I will get the results I want !! So will You! : )
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Thank you friend, honestly I'm a complete beginner to this platform but the beauty of this medium was the inter-activeness of the community inside it and the support from the ambassadors and other premium members, mostly the support of the founder of this platform...:)
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That's right friend, actions could lead to awesome results...:)
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