How Will YOU Make Money Online?
Great question! The reality is that there are many ways to make money online. However, people often get distracted by the "latest and greatest" product or service, and as a result, they are never able to build a successful and revenue-generating business.
Today, I will guide you through one of the most fundamental yet powerful processes of generating revenue online. It is a proven process that we use, and one that Wealthy Affiliate members follow.
It is called Affiliate Marketing, and it is the ultimate "make money" process that worked 17 years ago and will continue to work 17 years from now.
The best part about affiliate marketing is that you don't have to create your own products or services. You simply find products or services that you're passionate about, promote them to your audience, and earn a commission on every sale.
I have created a video lesson (below) that I recommend that you check out when you get a chance. This is going to walk you through the process of building a business online, and what it looks like. If you understand this, you understand the BUSINESS!
Click the PLAY BUTTON (or anywhere on the video) to watch it!
There are a lot of really exciting draws to building an affiliate marketing business, and leveraging this business model to generate revenue online.
Affiliate marketing is a great way to make money online because it's:
- Simple: Anyone can do it, regardless of their experience or skills.
- Scalable: You can earn as much money as you want, depending on how much effort you put into it.
- Lots of Options. There are over 550 MILLION products/services that you are going to be learning how to sell as an affiliate marketer.
- Passive: Once you set up your affiliate marketing campaigns, you can earn money even while you sleep.
Here is a quick diagram outlining how the simple process of an affiliate marketing transaction works.
As you move through the training, you are going to be building out your very own affiliate marketing business. It starts with you choosing a direction for your business, which we are going to cover next lesson. ;)
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I'm debating between 2 niches, one I'm very passionate about, and another is one the wife and I talked about that we know people shop for these products online a bunch, because we do the same.
What would be the best way to go about this in the beginning? Eventually I would love to have them both going
What would be the best way to go about this in the beginning? Eventually I would love to have them both going
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Kyle
Premium Plus
I would suggest you choose the one that resonates with you the most, you just need to define your starting point...and through time you can be involved with MANY different niches.
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.
Also, I recommend that you use the Niche Finder AI (Artificial Intelligence) platform here at WA:
https://my.wealthyaffiliate.com/home#nichefinder
If you plug your ideas in there, you are going to get lots of concepts for narrowed down niches. 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. :)
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.
Also, I recommend that you use the Niche Finder AI (Artificial Intelligence) platform here at WA:
https://my.wealthyaffiliate.com/home#nichefinder
If you plug your ideas in there, you are going to get lots of concepts for narrowed down niches. 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. :)
KOsterbur
Premium
My Niche is a broad Niche to begin with as it covers A LOT. It's super hard to narrow down and focus on one aspect of it. Is this doable and can you go from there? I will definitely have a lot of work on my hands and time to put into it which is fine, because it is my passion and my drive to do this. Not worried about work or time. Just wondering if anyone has ever had a Niche that covers a lot that you can't just narrow down to a few little things and made it work?
johncruz
Premium
I actually always do that. I go broad when picking a domain and niche, then start with a smaller part of that niche and then expand later. That way, I can have a site that will last for many years to come, rather than getting stuck with something too narrow. You're on the right track, so keep it going!
TheCatherine
Premium Plus
As we discussed in chat this niche is massive and it is your passion. Your passion not because it is fashionable or because you want to be seen it is because you have a vested interest in it. Just go for it, but start with one aspect and write 20 articles, then choose another aspect and then write another 200 articles. You will get there. When it is done send me a pm or put something on my profile page and I will leave a comment for you
KOsterbur
Premium
Thank you so much! I really appreciate that and didn't think of starting that way. I will do that here in a little bit. Have to make supper for the kiddos here and get them off to church for youth group and when I'm back from dropping them off I will get the start of it going.
187345
Premium
Ok here are my questions in relation to the Niche Finder tool. Is this just supposed to be a simple tool that gives general ideas on potential niches without regard to search volume, interest, potential of the phrase for monetization, etc?
Also what happens when you run out of "searches"? Do you have to purchase more? If so, for how much?
And jumping ahead a bit, a similar question for Jaaxy. When I go to it, it asks me to sign up and says I have so many free uses (I believe it may have been 30). Do I have to pay more after that? If so, how much?
For context, I just rejoined as a premium member after having been gone for several years so the way everything works here now is very new to me.
Thank you
Also what happens when you run out of "searches"? Do you have to purchase more? If so, for how much?
And jumping ahead a bit, a similar question for Jaaxy. When I go to it, it asks me to sign up and says I have so many free uses (I believe it may have been 30). Do I have to pay more after that? If so, how much?
For context, I just rejoined as a premium member after having been gone for several years so the way everything works here now is very new to me.
Thank you
TheAbie
Premium Plus
Searches get renewed monthly at 50 each month on the day you signed up to the platform.
Check out Kyle's Vlog The Brand New "Niche Finder" Platform Has Launched! -------------
You need to click the QSR manually each time to reveal a figure value, as Jaaxy Lite is included with a premium subscription to the platform.
If that's not it.
You may need to empty the browser cache, refresh and try again. Try the URL in a different browser or mobile device.
https://www.wikihow.com/Clear-Your-Browser's-Cache
If that doesn't solve it.
You may go to
https://my.wealthyaffiliate.com/account
Under WA settings, click options and make sure your email is connected to Jaaxy.
And if that doesn't solve it.
You need to reach out to Kyle on their profile space.
https://my.wealthyaffiliate.com/kyle
Check out Kyle's Vlog The Brand New "Niche Finder" Platform Has Launched! -------------
You need to click the QSR manually each time to reveal a figure value, as Jaaxy Lite is included with a premium subscription to the platform.
If that's not it.
You may need to empty the browser cache, refresh and try again. Try the URL in a different browser or mobile device.
https://www.wikihow.com/Clear-Your-Browser's-Cache
If that doesn't solve it.
You may go to
https://my.wealthyaffiliate.com/account
Under WA settings, click options and make sure your email is connected to Jaaxy.
And if that doesn't solve it.
You need to reach out to Kyle on their profile space.
https://my.wealthyaffiliate.com/kyle
DianeScorpio
Premium
Hi - the Niche Finder is just a brainstorming tool, to help you come up with ideas to narrow down your niche.
You are given 50 searches per month, these will be renewed each month, you can't buy any extra.
As a Premium member, you should have unlimited searches with Jaaxy, it should be connected to your account already.
Click on your profile photo at the top right of the screen, and go to Account Settings.
Check if the email address within Jaaxy, is the same as your WA account.
You are given 50 searches per month, these will be renewed each month, you can't buy any extra.
As a Premium member, you should have unlimited searches with Jaaxy, it should be connected to your account already.
Click on your profile photo at the top right of the screen, and go to Account Settings.
Check if the email address within Jaaxy, is the same as your WA account.
Is this method all about creating website, driving traffic through SEO in google to the website and make money from affiliates and ads posted on website? How about generating leads through ads on FB, IG and other social media platform to direct traffic to opt in page or landing page via sales funnels and earning commissions through other people's courses?
Just want to know what works best and what is scalable or may be both methods can be applied? Little confused by looking at different methods people are applying nowadays. Thanks
Just want to know what works best and what is scalable or may be both methods can be applied? Little confused by looking at different methods people are applying nowadays. Thanks
TheAbie
Premium Plus
You can do that. However, it is better to know if a website is making money, then you can leverage it with ads building more sales and revenue.
Initially, I would run with SEO, and as soon as your website is making commissions, you may reinvest your proceeds with ads if you so wish.
Also, please be aware with ads alone, as soon as you stop paying; the traffic stops; however, if you have an SEO-optimized website, you will find that traffic will continue.
Of course, there are other ways to monetize your website, by ad networks, for example, provided it services compelling information content to your readers and visitors.
I hope this helps.
Initially, I would run with SEO, and as soon as your website is making commissions, you may reinvest your proceeds with ads if you so wish.
Also, please be aware with ads alone, as soon as you stop paying; the traffic stops; however, if you have an SEO-optimized website, you will find that traffic will continue.
Of course, there are other ways to monetize your website, by ad networks, for example, provided it services compelling information content to your readers and visitors.
I hope this helps.
TheAbie
Premium Plus
You can, however, when you draft your About Me page, you are meant to instill trust in your readership and your website visitors; you are sharing your journey with them and promoting solutions to their issues. People follow people. They do not follow corporations.
You can, for example, do YouTube reviews showing your hands. However, the personal touch adds to the equation.
The way I see it, if folks like you, they will purchase from you.
You can, for example, do YouTube reviews showing your hands. However, the personal touch adds to the equation.
The way I see it, if folks like you, they will purchase from you.
Kyle
Premium Plus
You could use a persona or a pen name, and for your image you could use an AI built caricature. This is something that a lot of famous authors and bloggers do Bri, so that would be completely fine.
People just need to feel as though there is someone behind the content, and that they are there to help them. That is key to establishing trust, and converting.
People just need to feel as though there is someone behind the content, and that they are there to help them. That is key to establishing trust, and converting.
