Hi, and welcome to Day 4!
Previously, I had this page as a way to show you a bunch of different ways to make money online. As my course grew, I realized this was kind of confusing. I won't be teaching you how to do all this stuff. We're going to focus on affiliate marketing.
It's best to be an expert at one thing, rather than a newbie at a bunch of things.
So now this page is focusing on different ways you can make money with affiliate marketing, so you can get an idea of what you'll be doing for your website.
Example 1: Niche-Product Focus
This style of website is basically where you build your site around a product, or a group of products that are very specific. Here are some examples
- big screen 3D TVs
- bluetooth speaker headphones
- pellet smokers
- pre-workout supplements
- running shoes
- bass boats
- bulletproof backpacks
- tablets for kids
- walkie talkies
- hummingbird feeders
Your site will be built up of a couple main types of content.
- Product Reviews
- Product Tutorials
- Product Troubleshooting
- Question & Answers
- Industry News
Example content ideas using the niches from above could be:
- how to wall mount a 60-inch 3D TV
- which workout supplement does not contain beta alanine
- what's the best bass boat for newbies
- which tablets for kids have wifi
- C4 Pre-Workout review
- Traeger Wifi Enabled Smoker review
Example website I built: motionsensorsprinkler.com
Product Focus: motion sensor sprinklers
Build an Authority Site
This a more long term plan. Rather than focus on one small set of products, you have a group of people in mind, or a hobby, or a set of products with a common theme. The idea here is that you'll be building this website for decades, so you want enough room for topics to write about.
However, you don't want to go too broad and take on too much work!
For example, “All Things Tech” is way too broad. You'll never have enough time to write all that content or become an authority in the tech space. “All Things Tech” could be anything from an electric kitchen mixer with wifi to antivirus software.
A more focused audience could be “parents who want to teach their kids how to surf the internet responsibly”.
With this topic, you leave yourself open to new trends, and thousands of possible products to recommend. You still have a focused group of people with a similar goal, and you can write with this group of people in mind.
Another potential website idea, this time in the health and wellness industry, could be “vegan non-competing bodybuilders”. We ignore the broad group of vegans, as well as the diverse group of bodybuilders. Instead, we combine them and make our website for a group of people with specific needs that differ from the other groups. They want to eat a vegan diet, but that often means they lack the necessary protein to build bulky muscles. This also means they can't take the usual supplements that normal bodybuilders do, because they contain animal products like whey.
Example website I built: xbrewx.com
Target audience: homebrewers trying to improve their craft beer making skills
This one is a little harder to pull off, but can be done. Do you have an amazing life? Do you do something that you think other people wish they could do? Do you have a magnetic personality?
You can start a lifestyle blog.
A lifestyle blog is too broad for my tastes, but I've seen a lot of people have success with this. Essentially, the product is YOU. You can write about your life, your adventures, your fashion sense, and whatever else you do. This could include a wide variety of product and service reviews, all of which include affiliate links or are sponsored posts.
Examples could be if you have a job that allows you to take 4-day weekends and you travel a lot. You can be a travel blogger! Take amazing photos from around the world and promote things like discount flights, hotel bookings, luggage, and other travel gear.
Are you a fitness coach? Share your daily routines, client successes, and seminars you attend/run. Show people how to be fit and happy by living a fit an happy lifestyle.
Do you want to travel the country in an RV? Share your RV adventures with the world through a YouTube channel and a blog, showing everyone how to do repairs, how to stay safe on the road, and what you can do to your RV to make this lifestyle more comfortable.
This is pretty popular because it mixes elements of quick profit and all the fun of internet marketing. You choose the topics, you make the sites, and get them started making money. Rather than wait for profits to trickle in and grow, you can ‘flip' or sell the site to someone else who wants the cash flow.
A website can often earn 20x-40x its monthly earnings, so if you can build a site to earn $500/month in six months (very possible), you could flip the site for $15,000-$20,000.
Personally, I prefer the monthly income instead of getting a big payday, but many people prefer the website starting process and dislike the drawn out process of building a substantial income after that. I'd take $500/month over $10,000 lump any day, but to each his own.
BONUS: Adsense Site
This is probably the simplest plan, because it doesn't take much strategy. By placing Google Adsense (Google Ads) on your website, you do not have to do any promotions at all. You simply blog about whatever you want (you still should be focused on a niche, in order to rank well). Write your content, and if you can get traffic to your site, you get paid by Google!
More traffic = more money. It's as simple as that. No promotions, No affiliate links, no product reviews.
Of course, Google doesn't pay very much. Just a few pennies per click. So you need a lot of traffic to make good money with this model. Still, the simplicity of this type of business is very attractive to many people, and most of the Buzzfeed or Mommy Blogs you read online are monetized using this method.
You will learn about this inside WA in addition to the affiliate marketing stuff.
Tasks for today:
1. Complete Another Lesson in the Online Entrepreneur Certification course. Remember that you get two free website with your Starter Membership in WA, and the training will show you how to get your first website set up. If you haven't done it already, you can make a practice one below (don't worry, you can delete it and start over later if you like).
If you are gaining some momentum now, you can keep moving forward with the lessons and follow Kyle's instructions. It's almost time to start creating your first article!
2. Say hello on my profile! You've made it this far, so go ahead and introduce yourself to me. I can see that you're serious about starting an online business, and I'd like to meet you. I want to help you succeed – this way I can follow you, read your blog posts, and check in to see if you need any help.
3. Take a rest! Today was pretty intense as far as how much we learned and did. I'm sure your brain is fried 🙂 Do something fun, or just veg out in front of the TV. Pick your poison!
Tomorrow is Day 5, the last day of our course. We're finally going to dig into the differences between the Free and Premium memberships at Wealthy Affiliate, as well as get an in-depth look at the value WA provides to members of the community.
Remember that WA is the same place I learned to build my first website and start earning income from it.
You definitely can't miss tomorrow's lesson. Don't forget to look for [OM2C] in your inbox!