How to Make Money Online (For Beginners)
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Thursday, November 1, 2012 By Anonymous
I actually hear this question a lot, so you're not alone. In fact there are 161 searches every day for "how to make money online for beginners" and more than 700/day for "how to make money online"...
There are a number of ways to make money online. Options range from creating your own product to sell online, making money as a professional blogger, managing an online community, developing a content site on a hot topic - just to name a few.
All of these are just various ways to deliver content online. Your first step will be choosing a niche, which is the market or topic you are going to focus on.
Speaking of focus, with so many options to make money online - focus is key. You want to choose a niche and a business model, and work on that one project all the way from start to profit. Don't let all the other options distract or derail you.
Once you decide on a topic or niche, you should sit down and map out a plan for your internet business model. What market are you targeting, and how can you best serve that market? This is the angle you want to work from, vs the more common: how can I make the most money from this market? (Most people get it backwards and then get frustrated when that doesn't work out for them)
See: How to Become a Market Leader in Your Niche
So you choose a niche, create a blog or website, set up social media profiles to interact with your target market on the topic, and you create and share useful content that will build your reputation and readership in that niche.
I can hear what you're saying...
"That all sounds great, but how do I make money from it?"
How to Make Money Online (For Beginners)
The absolute easiest way to make money online is with Affiliate Marketing. You don't have to create a product, set up a shopping cart and merchant account, do customer service, work with clients, etc. It's very much like a traditional commission-based sales job where you earn commission on any sales you refer. Just as one example, you can promote a web hosting affiliate program and earn commission on every new account sign-up.
The difference is that you're doing it online, and you can do it from home without ever doing in-person or phone sales. You simply recommend products and/or refer people to specific merchants through the content on your website.
The method I prefer is creating SEO Content, or content that is optimized to rank well in the major search engines. People find it when they are searching for that, click through, and buy what they need or want. This works really well because you write the content once, and it continues to rank well and earn you money for years to come. As long as you maintain your search engine rankings.
It takes time, work, and being both persistent and consistent. An online business is the same as any other business in that it requires an investment on your part to get it up and running. The positive side of online business is that it takes a lot less time and money than most traditional offline business models.
Yes it's work. And yes - it's worth it!
If you do these steps, and continue to learn & tweak as you go, you'll start earning money. You can increase your traffic (number of visitors) and your income as you continue to grow and market your website.
It takes time to get to a consistent $3-5K per month in revenue, but you could easily do that within the first year.
There are a number of ways to make money online. Options range from creating your own product to sell online, making money as a professional blogger, managing an online community, developing a content site on a hot topic - just to name a few.
All of these are just various ways to deliver content online. Your first step will be choosing a niche, which is the market or topic you are going to focus on.
Speaking of focus, with so many options to make money online - focus is key. You want to choose a niche and a business model, and work on that one project all the way from start to profit. Don't let all the other options distract or derail you.
Once you decide on a topic or niche, you should sit down and map out a plan for your internet business model. What market are you targeting, and how can you best serve that market? This is the angle you want to work from, vs the more common: how can I make the most money from this market? (Most people get it backwards and then get frustrated when that doesn't work out for them)
See: How to Become a Market Leader in Your Niche
So you choose a niche, create a blog or website, set up social media profiles to interact with your target market on the topic, and you create and share useful content that will build your reputation and readership in that niche.
I can hear what you're saying...
"That all sounds great, but how do I make money from it?"
How to Make Money Online (For Beginners)
The absolute easiest way to make money online is with Affiliate Marketing. You don't have to create a product, set up a shopping cart and merchant account, do customer service, work with clients, etc. It's very much like a traditional commission-based sales job where you earn commission on any sales you refer. Just as one example, you can promote a web hosting affiliate program and earn commission on every new account sign-up.
The difference is that you're doing it online, and you can do it from home without ever doing in-person or phone sales. You simply recommend products and/or refer people to specific merchants through the content on your website.
The method I prefer is creating SEO Content, or content that is optimized to rank well in the major search engines. People find it when they are searching for that, click through, and buy what they need or want. This works really well because you write the content once, and it continues to rank well and earn you money for years to come. As long as you maintain your search engine rankings.
"How can I make 3-4k a month or more?I know this is stating the obvious, but it should be said:
What steps will it take to get there?"
It takes time, work, and being both persistent and consistent. An online business is the same as any other business in that it requires an investment on your part to get it up and running. The positive side of online business is that it takes a lot less time and money than most traditional offline business models.
Do these 10 steps, in this order, to get started:
- Choose Your Niche.
- Register a Domain Name.
- Set up a Website or Blog with WordPress.
- Set up your Social Media accounts.
- Download and read SEO Fast Start (free).
- Create SEO Content. Also read: Keyword Strategy.
- Sign up for Affiliate Programs in your niche.
- Write Product Reviews for those products.
- Get links pointing to your pages or blog posts.
- Continue creating content, getting links & interacting via Social Media.
Yes it's work. And yes - it's worth it!
If you do these steps, and continue to learn & tweak as you go, you'll start earning money. You can increase your traffic (number of visitors) and your income as you continue to grow and market your website.
It takes time to get to a consistent $3-5K per month in revenue, but you could easily do that within the first year.
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