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
Hi...
Im not sure if this message is going public.

so im looking for feed back about a niche im thinking about.
Hiking and treking equipment for those on a budget.

Everything from backpacks to tents an cook systems.

is it a vaiable niche?
should i narrow it down?

martin
Reply
JohnJStanley Premium
Sounds like a good niche.
Are you passionate about it?
I suggest you look on Google at a few websites in that niche and do a few different searches. You want to see if there are any small websites in the SERP's of page 1-2 of Google. If it is ONLY big authority websites that you can see, then it's harder for you to outrank those. Big Authority might include IREI in USA, Kathmandu, Mountain Designs in Australia
But try this for a few (>5) search phrases for products or searches in that niche that you think people would be looking for.

But otherwise, if you're passionate about this, it sounds good.
John
Reply
JKulk1 Premium
It's a great niche, if you discuss camping areas you could do reviews on cabin and camping accommodation as well. Jim
Reply
KerryRoddy Premium
I think it's narrow enough. I like that one.
Reply
That niche Is never going to die and it’s very good the only thing is that I personally think that because of COVID-19 situation and all it might be a little bit harder at the moment
Reply
I'm sure that's quite true world wide, it's a little bit the opposite here in Finland.

Very many people here are escaping the outdoors the forrest and wilderness places.

However with the language barrier I've no idea how to reach this limited audience.
Reply
That’s good for you than.you should go for it than after all soon or late it will change world wide as well i.and about the narrowing as long as it’s connected directly to your niche it will be ok
Reply
I would like to help you but unfortunately I’m just starting my self and I’m not informed enough yet
Reply
G'day Jim thanks for the feedback.
it's probably obvious i'm new here.
Having looked at your profile and bio I'd really like to hear about your time and experience here at Wealthy Affiliates.

All the best

Martin
Reply
Mijoru Premium
Isn't it bad if the traffic is low too?
The rule says that your keyword search should have an AVG over 30, and a QSR less than 100.
When I find keywords that meet that criteria; the traffic is often really low.
For example; if the traffic is 7; wouldn't that mean only 7 people a month would visit your site?
Reply
leoemery Premium
That is true - but the thing to remember is that it all adds to the overall total of your traffic.

Organic traffic is a long game.

I have no hesitations using a keyword with lower traffic numbers.
Reply
Mijoru Premium
Thank you.

I appreciate the help.
Reply
leoemery Premium
You're welcome
Reply
AparnaBansal Premium
Yes only 7, that too if u are on the first page of google
Reply
KerryRoddy Premium
That's just in the beginning, for new sites that are still getting indexed. After a few months you can go for a higher QSR.
Reply
JEBRAZ Premium
I believe I have done everything on my end to increase the
sound volume i.e. set my computer volume to 100%, set web site to 100% and connected my bluetooth hearing aid to my computer and I am still having issues hearing and understanding presenter's (Kyle) presentation.
Does anyone have any suggestions?
Reply
Hello friends!
I have two serious questions and I would like to get some insight:

Why or how will the potential customers end up on my webpage instead of going directly to amazon and look for products there? That's what I do most of the time...

And how am I going to compete with other "10 best xxx" webpages that cover the same niche? Especially when often these "best such and such" articles are posted on famous and reputable webpages and I am just a somebody with one webpage and no reputation.

TIA!

Barbora
Reply
JKulk1 Premium
Hi Barbora. If you do the training these questions will be answered.
Ask yourself another question. Why are Amazon so eager to have an affiliate marketing program. If blogging didn't work, they wouldn't bother. As for competing with their bloggers. That's why you learn about keywords and use Jaaxy. You find those words and phrases that gave low competition. Jim
Reply
Hi Jim,
thank you for your answer, it makes sense. I am curious to learn more.
Reply
Dale123 Premium
Going to Amazon directly suggests that you already know what you're looking for... So, what if you don't know what you're looking for? What do you do?

You run a search in a search engine & figure out what it is you need to solve your problem :)

Example - a person might have hairloss but may not have any idea what is the best product to stop it... So they head to Google and search "how to stop hairloss" then, a niche website gives them the information they need & recommend they purchase a product from Amazon... And the creator earns a commission when they do.

And why would you want to compete with anybody?

There is SO much potential out there, so many new searches made every single day, there is no need to compete against others. You will learn here how to find low competition keyphrases to avoid competing :)
Reply
Hi,
Seems a logical question you ask, but big companies do need us.
Am on first day,and learning ,making sense the more I watch.
We have nothing to loose.
All the best
Reply
I am a newbie. Just started in WA. I am looking for a niche.

I have an interest in piano playing, specifically teaching adults/seniors to play by ear. I dont want to try and write a course to sell as an info product right away. I want to develop an affiliate business associated with piano now and then add my course later. What do you think?
Reply
JKulk1 Premium
Sounds good to me, but you will need to narrow it down a bit. Eg. What style of music? Who are your target audience
Jim
Reply
Garin88 Premium
I think it's a great idea. The WA training will help you see the vision of how to do what you are describing. Your goal is to create a site with articles that discuss topics AROUND the concept of learning to play piano later in life.

My first question would be, "Is it too late for me to learn to play?" You could write an article about that question. "Do I need to have a nice piano, or can I just get a cheap keyboard?" Write about that. If you write about things I want to understand before I commit to taking piano lessons at age 47, then you will become an authority.

When I perceive you as an authority, I trust your recommendations: a piano teacher, a learning system, a specific kind of piano. Now you have value and I want to follow your links for my purchases.

If you can imagine yourself doing a lot of writing about piano training and other similar topics, then I think it's a great niche.
Reply
Thanks for the encouragement. I taught myself at the age of 55. I now play for at least an hour every day... If you are able to contact me privately I will tell you more. But I dont want to break WA rules.
Reply
Garin88 Premium
Sorry, I already play the piano. I was just using examples of questions people might have about learning piano later in life. I was brainstorming why your niche idea is a good one.

It's good you don't want to break an WA rules. That means you have integrity.
Reply
Yes a mature starter pianist has to limit his ambitions. Various genres of music will be open to him. And he will entertain friends and family. With my method he will have a good time but he will never get a job in a rock band .... or play Carnegie Hall ! Various genres of music will be open to him.
Reply
Thanks. Understood
Reply
Mitchb7206 Premium
Search anything relating to music or piano and see if they have an affiliate program.

Mitch B
Reply
Thanks Mitch.
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