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!
Reply
I am not sure what you are calling a “Description Title” and what is “Baby Boomers bonus round let me help with reinventing you”.
If that “Baby…” is your domain name I think that would be way too long for people to easily remember.
You want to narrow down your niche to one single aspect and focus on that, the reason being the more narrowed down your niche is the easier it will be for your material to get ranked (less competition than a wide niche such as “Baby Boomers”
Try reading this blog by Boomer08 I think it might really help you in your decision of narrowing down to a specific and concentrated niche:
Here are the search results of four different niche ideas:
1. Baby Boomers - About 24,700,000 results (0.66 seconds)
2. Baby Boomers that have retired - About 38,500,000 results (0.46 seconds)
3. Baby Boomers about to retire - About 2,280,000 results (0.57 seconds)
4. Baby Boomers that can’t afford to retire - About 9,520,000 results (0.65 seconds)
Since number 3 has the least competition only 2.2 mil results it will be much easier for a new website owner to get top SERPs (explained in the training) in that niche.
I would strongly suggest that you start out with only one niche and one website: you can always branch out or expand that niche later if you want to. The reason is that most people do not know how much time is involved in running a niche based website. Or what the competition is that they will be facing in their niche.
So, if you concentrate on a narrowed-down niche it will be easier for you to get ranked on page one (increasing your potential of making money online). Page one, the first listing of any search inquiry gets roughly 80% of all traffic generated from that keyword. Aiming for the top SERP will greatly increase your odds of making money from your website.
I hope that this helped explained the concept of a narrowed-down niche and why it is suggested for beginners, better for you!
Living Life Large,
Calvin
I like to go back and check that I entered the information correctly to setting up my website only because I apparently had another account open and there was some confusion about being a premium member and I had also came with another Niche so was thinking of changing it. or to create another in addition to my Hiking one, has anyone experienced anything similar help please.
Thank you
Eric F.
But I haven't got any income from that yet
So I was quite guilty when writing a blog
Because I don’t really know this field
although I saw it from a Youtuber
he said don't pick "cheap" niche (e.g. Books)
cos you don't earn much from it
Just wonder what is everybody's niche?
A niche is something you are passionate about and would write 100 articles or so about it, could be a hobby, an interest perhaps. To put it in perspective, would you be writing about it in five years time.
Via Kyle:
A niche can honestly be anything, what are you passionate about? What are you interested in?
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. :) A Niche is A Group of People Looking for Stuff If you are New and Not quite yet figured (niche infographic within) Choose a Business You Love, Not What You Know. Succeeding With Golf Balls, Scaling With Shoes!
I join Wealthy Affiliate over around 11 months ago and love the training that is available to eveyone!!! I am currently working a full time job from home, that has been extreemly demanding, and time consuming. I have a question that I would like to run by you.
I would like to know if there are subcribers or partners with in Wealthy Affiliate that will accept payment to assist me with the build out of a basic Website and sales funnels for a fee? I am willing to pay to have my Website and funnel created. The reason that I am asking is that, I need to try and be up and running by the middle of next month, and I have a serious learning curve that would take me too long to learn, and meet my deadline. I would be so appreciative if you could make a recommendation of a couple developers online or anyone that could help me out reach my deadline.
In the meantime, I would continue to review the materials online and will follow steps to learn to create my own sites.
I would be so appreciative to you for your assitance with this matter.
With Respect,
Malcolm
My contact information is:
Malcolm Harrell
(301) 254-0859 (c)
(301) 567-7475 (h)
harrell104@aol.com
I'm sure there are members here within WA that can assist you in this matter.
I'd suggest you to type within the research bar at the top, where it says: Need help...
Search for Dianescorpio. or Chrystopher...
This are just two members here who can maybe direct you.
Shaun
The WA platform is a spam-free and private solicitation (considered as spam here) free zone. What you are asking, is prohibited here!
Here is a link to the rules: Spam is a NO NO! My suggestion is to delete this comment before it gets you a write ban. A write ban, is where you cannot submit anything on the WA platform for other members to read. During a write ban, you still have access to your website, but you will not be able to post any comments anywhere within the WA platform.
This is not how this platform is to be used and the co-founders frown on those that use it improperly. You can find help by contacting individuals through a Private Message.
Many of the premium members here will offer you what you are asking for, for FREE. However, there are those with no scruples that would welcome the chance to charge you a fee to do what some might be willing to do for FREE.
This website is not designed for other members to do your work for you; even if you offer to pay them to do so.
Additionally, you are not allowed to provide outside of WA contact information here!
Please read the rules and abide by them: this will help prevent you from getting banned from WA
Just trying to inform you, that want you did here is completely against the rules.
Calvin
