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 Wealthy Affiliate members follow. It is also the ultimate "make money" process that worked 17 years ago and it is going to work 17 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 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 5 BILLION people online as of 2022 (YOUR audience) and these people are going to search engines, social media, or visiting websites for help all the time. They are buying at a rate we have never seen, which means the opportunity is only continuing to grow for YOU!

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" business 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 the first lesson, you should have already added your goals to your profile. But if not I recommend you so now. Make some ambitious goals for yourself, because this is the Internet. The opportunity is vast, and there is no "upper cap" to your potential that we are going to help you harness here at WA.

You can add your money goals, and edit them at any time directly on your profile.

===> Add or Edit Your MONEY Goals on Your Profile Here!

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"!

Tasks 0/3 completed
2. Check Out the "The Process of Earning Money Online" Infographic (from above)
3. Add Your Money Goals (If You Haven't Already)


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DarleenP1 Premium
Hello Kyle
I apologize for not contacting you in a while. We have been dealing with a very important family crisis. I am back and ready to go. I have just finished the niche video and I am considering to make Hydrogen Infused water my niche. My question is do you think that would be doable and is that considered a health and fitness subcategory. I have been hearing a lot of hype about this product and it has captured my interest. I would love your opinion on it. Thank you and Happy New Year
Just wanted you to know that this is MY YEAR!
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TheAbie Premium Plus
Great direction however you would want to think of a focused aspect that would utilize Hydrogen Infused water and who's likely to benefit from what you have to offer.

Also if you can provide your visitors with impeccable content addressing issues in relation, time and time again, it can be a great endeavor..

When deciding on a niche try narrow it down to a more specific niche, you can ask yourself the following question:

So I want to help people with ____________________ ?

Fill in the blank and you are going to get closer to a specific audience.
Reply
Hi Kyle; thank you for that informative training.
I am still an infant honestly when it come to this. But once you have set up your affiliate website, who provides the content for the product? Do i have to create it or the "company" of the product provides it for me?
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TheAbie Premium Plus
You can research other people's work, however all content must be original written in your own words.

That's to include all content, both informational and review posts.

You would normally need content and traffic before you can apply for programs as they would inspect those elements prior approval. Once accepted they supply you with material and unique coded links you can add on your website.

I hope this helps.
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aaah gotcha! So i cant launch until I have created traffic? but how would i create traffic with no product?
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TheAbie Premium Plus
Your website should have 70% informational and 30% reviews.

You can create informational posts that will drive traffic to your website.
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Thank you
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TheAbie Premium Plus
Most welcome :)
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ThomasS3 Premium
I love singing and music. I am thinking of a niche with a rubric of Karaoke. However, I am confused and stuck. Because I want to make money first and then do what I love next. Should I go into BootCamp or should I venture off into karaoke. And if so how would I get my content for it? Thanks.
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TheAbie Premium Plus
You can do either core training However I would decide based on what I am passionate and genuinely interested in.

Target audience is also important like who would benefit best from what I have to offer.

When deciding on a niche try narrow it down to a more specific niche, you can ask yourself the following question:

So I want to help people with ____________________ ?

Fill in the blank and you are going to get closer to a specific audience. Example: Karaoke for beginners.
Reply
Hi there,
I've just signed on with WA and currently doing the online training. I need to choose my niche and wanted some advice as to which choice to go with. I have many interests that I can pursue, i.e., pets (dogs), travel, cooking, gardening, fashion, jewellery, art, music, theatre etc. Currently, I am personally focused on a healthier lifestyle and trying to lose weight. Staying mentally and physically disciplined is very hard but rewarding so I thought I would go with health and fitness or weight loss. Does this need to be even more specific than these two categories. Thank you Helen
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DennisM4 Premium
Hello, Helen, these all sound very interesting. But for now pick the one your most passionate about. The one you can write plenty of content on. Just to make sure you understand what a niche is. It's a group of people looking for stuff.
So if you wanted to talk about dogs what would you talk alot about.how much content can you offer this group. You'll need to be able to captivate your audience.let them know that you have this burning passion of knowledge that you want to tell. Later on this will benefit you as when you apply for affiliate programs or links to your desired niche. Pick one for now, see how easy/hard this might be.write plenty of content on dogs clothing to treats to collars etc.
Once you figure out which niche you want to apply you have the experience to have others. And who knows you could put gardening somewhere in there with dog nutrition. Just a thought.remember we are all here for your success. This was an awesome question please keep asking when you need answers. I am Dennis (the man with the smoker). Go to http://tastywayscom.com and have a look at my niche. Have a fantastic new year.
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TheAbie Premium Plus
You need aim for ONE focused niche with a specific group of people, I'd go with what's best resonates with me.

These are very broad niches and need be scaled down to a focused sub-category starting out.

For example, yoga exercises and for beginners.

When deciding on a niche try narrow it down to a more specific niche, you can ask yourself the following question:

So I want to help people with ____________________ ?

Fill in the blank and you are going to get closer to a specific audience.
Reply
My passion is transportation. I used to be an over-the- road truck driver covering 48 states for one of the largest national trucking companies. Also, I was a Greyhound Bus Driver. I also drove a taxi part time on and off for 30 years. But, my ultimate passion is aviation. How about a website that introduces first time flyers to the process flying for the first time?
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Kyle Premium Plus
Absolutely, that could definitely be a direction that you head. It sounds like a true passion of yours Fred, and I would recommend that you go for it! :)
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TheAbie Premium Plus
Great and solid direction, all the best on your online journey and business endeavors.
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