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 4.75 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.

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's Goals


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cgbethel8296 Premium
I get it that you can make money in any particular niche - any niche can be profitable. However, my question is about efficiencies. I'm sure there are niches that pay out higher percentages than others and I just want to know how to find those niches that pay out in higher percentages. I'm not trying to be greedy, I just want to use my time wisely. Some of the few broad ideas I am mulling over are: Fitness, Sunglasses, Survival Foods, Coin Collecting/Precious Metals, College Football.

Does anyone know if any of those ideas has a higher percentage payout than another? Don't tell me they can all be profitable, I know they can, it's just like I said, I am looking for higher percentages or efficiencies.

I'll take any suggestions.
Thanks a bunch.
Reply
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.

Bottom line I would go with what I am passionate and genuinely interested in vs profitable, trendy or demanding.

Resource

https://onemorecupof-coffee.com/high-ticket-affiliate-programs/
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jghwebbrand Premium
Fitness is a good one. But it is too broad so it is important to define who you wish to help and how.. For example. Essential home exercise equipment to those who wish to loose weight.

Start with a targeted audience and later you can expand your niche scope.

The issue is even if a niche is a promising high paying one, if you are not passionate about it burn out and boredom will set in in a few months. So choose something that excites you and you know a lot about it and could write 100 pasts about. The number is arbitrary, but it is used to make a point.

Ideas to find a niche.
Do you have any hobbies? Sports? Problems you've solved? Problems you are looking to find solutions for? Products that are amazingly helpful? Something you talk a lot about? Something you wished you had learned earlier in life? Job skill? A niche should be for a targeted group of people How to narrow a niche down How To Expand Your niche later
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cgbethel8296 Premium
thank you for the response.
Honestly, what I'm passionate about I can't see how one could make money at it. My passions are spiritually related - Injustices in our world (and no I'm not "woke"), defense of the Christian faith (apologetics) and on more relaxed note, college football, architecture and voice overs. My background is architecture but in my mind that is a very limited audience.

Any further thoughts?
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jghwebbrand Premium
To help you get a better feel for internet searchers why not do a goggle search on some of your niche terms. and see what google auto suggests that will give you some idea of what you could include. Also doing those searches look at the "people also ask" section below the search and "related searches" at bottom of search results. http://answersocrates.com may also be helpful.
When doing google searches also note the "ADs" displayed. Are their a lot" This means people are making money.

You could also do a browser search
yourniche idea + affiliate programs this will give you some ideas of opportunity and also scroll through and see if others are in the niche and what they are doing.

Hope those ideas result in your finding a niche you will really enjoy helping people with. You will start by writing informational posts for your niche to grow your website traffic. One niche and its website can be all you need to earn a full time income.
Reply
fitness is one of them, not sure about the others.
Reply
real estate and entertainment and you make find people out there who want to learn how to do voice overs I heard it's a lucrative business and cool to do. I'm not sure just ideas.
Reply
ConniesHouse Premium
Hello, @cgbethel296
You are singing my song!! Spirituality is my passion as well, so I fully understand the challenge of how to (and should we?!) monetize the expression of our faith.

As an example, here's what I've done: I am teaching homeless recovery and emotional healing, and am using my passion for crafting as a means to create products for affiliate fundraising.

My main niche is homeless recovery, then linking that to my crafting tutorials and social studies lesson plans for digital product development.

Those topics give me to opportunity to speak to the "have's," and show them how they could be of service to the "have needs."

In that same manner, you could use your passion for football as a means to teach viable action plans for sports teams (and their fans) who are willing to help with homeless recovery, domestic violence extraction, meal trains for shut-ins, or sports camps for kids|adults|former felons|anyone... who is struggling with chemical addictions.

Architecture: You could use your expertise to develop housing plans and economic development in impoverished neighborhoods, then market the products needed to build those neighborhoods.
Again, draw in the sports teams to help build tiny homes for single parents, homeless vets, etc.

Draw up the blueprints for a tiny home village in areas that are the most desperate need for affordable housing. (Home Depot has an affiliate program)

Voice Overs: Aye yi yi, what fun that one would be!! So many people are searching for a way to do business online. Show your audience how to create a podcast, the basics of becoming a voice over talent, instructions for reaching out to agents, etc.

All of those topics provide you with opportunity to recommend products related to each of those areas.
Football fan gear, books you recommend for aspiring architects, or microphones and recording gear and services, to name a few...

Those are the first things that came to mind, so I hope that will help spark some inspiration for you. I think your greatest challenge will actually be to choose just one niche to get started with.
: )

I think you have made a good choice by doubling back to WA, and wish you great success as you dive into your studies of affiliate marketing!!
Reply
cgbethel8296 Premium
Thanks for jump starting my brain. Much appreciated
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welcome
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RoxReyNel Premium
As an individual with healthcare background, I have alsways have an passion for helping people manage diabetes. I have several family members that are diabetic. OI want to know, though, how can I market diabetes lifestyle programs and products without having diabetes myself? Can I sell something I myself do not require on a day to day basis? How can I say it works if I am not the ideal candidate to 'test-run' such products?
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jghwebbrand Premium
If yu come from a medical background does that mean you ar3e educationally qualified? That is the kind of qualifications needed to have a site for personal health related issues and recommending treatments.

If you are qualified as a medical professional obviously no one has everything they treat. But it is the education and experience that make it possible to help others..
Reply
RoxReyNel Premium
Indeed. Forgot about that perspective. Nice. Much appreciation.
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TheAbie Premium Plus
Firstly as a niche is not a product vs a subject you would help people by giving them advice on an aspect, walk them through your journey and then promote products however relevant.

You may search Programs

Promote tab top menu

https://my.wealthyaffiliate.com/affiliate-programs

Or

You can do a google search
Your niche + affiliate programs
Your niche + affiliate programs + location
and see what results you get
Reply
jghwebbrand Premium
You are very welcome.
Reply
Stevie10 Premium
Hi everyone, I was looking for advice please on Niche selection, I think that seems to be the stumbling block for a lot of people, certainly for me.
Looking at a lot of your articles and questions from other members I have finally (fingers crossed) picked a niche.

I was thinking about Camping, Camping guide for beginners, Basic / Essential equipment needed for camping.
I am from Scotland and love to get away as much as I can in the Outdoors so I thought this might be a good fit, my niche would focus mainly on Scottish camping.

Any thoughts or advice on this please?

Also I have found a domain name on Namecheap, can I purchase this and use it on my WA website?
Reply
TheAbie Premium Plus
Great endeavor, you ought to discuss an aspect of camping to a qualified group of people who would be your target audience.

Camping essentials for beginners or some other group you have in mind.

The more focused a niche website is starting out, the better chance it has to start having traction and traffic.

So you can start with one subcategory and once totally exhausted scale out. See example blog post below Please be aware you also need to create lots of content addressing issues related to your focused niche website.

Most important is to be passionate and genuinely interested in your niche You can purchase however please be aware that hosting is included with a premium subscription to the platform.
Reply
Stevie10 Premium
Thats great ,thanks for your time and advice again. I think I will try out the above as a niche "Camping essentials for beginners" I have to start somewhere. I am just unsure at this stage about picking a domain name ,
Do I pick one within WA ?or do I purchase a domain elsewhere without hosting?
For eg I seen a good fitting domain name on Namecheap, can I purchase the domain name itself and transfer it over to WA or would you recommend another idea?
Reply
DianeScorpio Premium
Hello from Nottingham! As a free starter member, you can only use the free subdomain that you are given by WA.

You cannot purchase a domain either here or elsewhere, and have it hosted here, that is not included in the free starter package.

If you buy a domain without hosting, it won't be live on the Internet.
Reply
Stevie10 Premium
Thanks for replying Diane, so in Premium membership I can go ahead with the above question?
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jghwebbrand Premium
Yes, that is a very good niche especially if you choose your targeted audience as beginners because there is so much informational type posts that can be written. A great way to find questions to write informational post responses to is google search and answersocrates.com

Your paid premium membership covers the hosting of 10 websites. If you purchase your domain name from a 3rd party registrar the domain name DNS (data name servers) can be pointed to WA.

WA Name Servers for Wealthy Affiliate Hosting ALWAYS are: DNS settings
Primary: https://ns1.mywahosting.com
Secondary: https://ns2.mywahosting.com
Reply
That sucks! They want you to upsell before you even get started!!
Reply
TheAbie Premium Plus
Congrats on becoming a premium subscriber.

You can use leandomainsearch dot com, you input a word and it gives you another

And a godaddy valuation tool to find a memorable name.

I'd also use this site namecheckr.com to check if the name is also available on social media platforms.

However nowadays domains are not so affected by SEO vs writing quality rich content with good choice of keywords, latter of which would rank you in the search engines.

I would always go for a dot com domain name vs dot net or dot org as people's perceptions when they start typing they would typically assume it is a dot com. And make sure it is spelled correctly as it cannot be edited once purchased.

I would not include dashes and check if the domain is copyrighted, trademarked and ' or registered to an established business.
Reply
TheAbie Premium Plus
You may transfer or point to WA servers (if transferring domain has to end in .com, .net or .org.

To update your domain DNS settings to point to WA. Here are the DNS settings.

ns1.mywahosting.com
ns2.mywahosting.com

These settings will be updated within your domain registrar (where you purchased your domain) after the transfer has taken place. To transfer your domain here you need login current registrar and fetch the EPP code, there's a one year charge of $15, privacy included. One year more will get added to your domain.

Also it has to have passed the grace period of 60 days.
Reply
DianeScorpio Premium
Hi - you can stay as a free member for as long as you want but can only work on your free website for 6 months. You will also be limited to the first 10 lessons of each of the 2 training courses.

WA is a business like any other, and of course, its primary purpose is to make money! However, I don't know of any other platform that gives you a free website with free hosting, security certificate included.

In effect, the free membership allows you to experience the platform and decide if it's right for you without even inputting your credit card details.
Reply
Stevie10 Premium
Thanks for your help
Reply
jghwebbrand Premium
You are so very welcome.
Reply
jghwebbrand Premium
WA has 3 membership types and they are posted on the wealthyaffiliate.com website with features.
WA Memberships And Their Features
https://my.wealthyaffiliate.com/join/
Reply
solidbase Premium
Hi to everybody,
1. I need your expert advice and guidance please.
2. Unlike most other people, my website is not about just one single topic .
3. It is based on the broad niche "Heath and Fitness", with several categories in the top menu such as Nutrients, Weight Loss, etc
4. Under each of these categories there are several sub-niches in a dropdown menu, each targeting a specific Click Bank product
5. When I post articles about these products, I want them to appear on that specific :product page", not my home page.
6. Can it be done, and how do I go about it ?
Thank you in advance.
Theuns.
Reply
TheAbie Premium Plus
I would choose either Health or Fitness as they are broad and need be niched down starting out, otherwise you'd confuse Google and your visitors.

You ought to discuss an aspect of health or fitness to a qualified group of people who would be your target audience.

For example yoga exercises for beginners or another group you have in mind.

The more focused a niche website is starting out, the better chance it has to start having traction and traffic.

Once a subcategory is completely exhausted you can scale out. See example blog post below Please be aware you also need to create lots of content addressing issues related to your focused niche website.

Most important is to be passionate and genuinely interested in your niche Essentially you are writing more informational posts so that you do not sound so salesy to Google and if there’s a solution, a detailed analysis review post for your visitors to let them make an informed decision whether to go click your links and go purchase the focused item you proposed to solve their issue.

You would for example have a reviews category which you can add to your menu, then assign posts to their respective categories, so when visitors click on a specific category they can see all posts related.
Reply
jghwebbrand Premium
Yes. you could create a "pillar page" for number 5. Not exactly sure or your idea, but all of your post links could be combined on one page that could act as the "parent" page.

Before you go any further I would stop and choose only one of your subcategories and write several informational posts for it so that you get traffic. When there are so many broad subcategories your site will not get the ranking it may deserve. Board niches compete with all oft hose that cover the same topic. When you start with a narrow scope and choose a specific audience search engines will rank you more favorably provided you provide informational original helpful content.

Contrary to common thinking a broader niche does not get more traffic and sales.

A niche should be for a targeted group of people How to narrow a niche down How To Expand Your niche later
Reply
Hi....im really passionate about soccer and i am thinking about soccer product....just think that this is the right time to start because the new season is about to begin. Any advise ?

And considering i choose soccer as my niche , I can do affiliate program for adidas/ nike / other brands right?
Reply
TheAbie Premium Plus
You ought to discuss an aspect of soccer to a qualified group of people who would be your target audience.

For example soccer techniques and for beginners

The more focused a niche website is starting out, the better chance it has to start having traction and traffic.

Please be aware you also need to create lots of content addressing issues related to your focused niche website.

Most important is to be passionate and genuinely interested in your niche You may search Programs

Promote tab top menu

https://my.wealthyaffiliate.com/affiliate-programs

Or

You can do a google search
Your niche + affiliate programs
Your niche + affiliate programs + location
and see what results you get
Reply
Jan53 Premium
Hey!
I am also starting with my website with football content. I was also stressed at the beginning, but I decided to don't overthink and just do a niche that I am interested in. You could try to do some content targetting a qualified group, but I think it's not neccesary.
Reply
jghwebbrand Premium
Yes, you do have a lot of good brands.
Remember however, a niche is not a product.
A niche is an idea with a targeted audience you choose to help.
For example Essentials for beginning soccer players. The way to start with with informational blogs unrelated to specific products. What is , how do, why, guides, definitions . Look for questions people have about soccer and write answer posts to help them before you even think about products. resource: google search and answersocrates.com.

So who is the targeted audience you want to help and how and why.

A niche should be for a targeted group of people How to narrow a niche down How To Expand Your niche later .
Reply
kevinA3 Premium
hi there, there's always room to go into soccer because it's such a big market
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