Many people are skeptical when it comes to making money online. They find the idea too good to be true, and that’s where they go wrong. While making money online requires long hours of work and dedication that can take a toll on the lighthearted, It can certainly be done.
Millions of people around the globe are using the internet as an avenue to earn extra cash, and it’s working just fine for them. I will take you through the steps on how to make a passive income with the internet, and with hard work and a little knowledge, you will be able to enjoy the fruits of having your own online business.
START A BLOG/WEBSITE – IT’S NOT THAT HARD TO DO!
Creating a blog or website is actually quite easy if you have the right tools and adequate skills to do so. For those who have nothing but passion, worry not. You can learn the ropes by using free hosting platforms readily available on the internet.
There are also various online tutorials that you can go through to fine tune your skills so you can create your own site. Here is how I build my sites:
You can start with a free domain but I believe that this will only work for starters. As you advance you will need to purchase your own domain.
Once the site is up and running, do adequate research on the topics you would want to feature on your website. This is called Niche research. Make sure the topics are both interesting and attractive; the more attractive the topic is, the more views (readers) you will attract.
This will result in higher traffic, leading to more commissions. This is a very critical stage, try to research the most relevant and appealing topics, in order to easily attract readers or viewers.
Finally, identify the types of blogging problems you are likely to encounter and do everything in your power to solve them. Some of the problems may include:
- Having poor quality content
- Having problems monetizing your blog
- Inability to engage with your audience
- Lack of consistency
These are issues that you should anticipate and resolve before they spread any further and tarnish the reputation of your blog.
CREATE CONTENT – THE LIFEBLOOD OF YOUR BUSINESS
Setting up the website is just one step; the other step is coming up with the content. This is the lifeblood of your business! Without it, you have no readers, no loyal followers and therefore no possibility of making any income.
This is what the readers will be looking at once they open your page, call it the “meat” of your website.
You need to decide what type of content you will create for your niche customers. Basically, there are three different formats which you can use to deliver your content.
- Text
- Video
- Infographics
Some people love written content since it is always detailed and easy to grasp while others prefer videos.
Those who are good with charts and graphs will tend to go with info graphics.
Since everyone has his/her own preferences, I would advise you to present your readers with a combination of all three. This is also a way of making your blog versatile and likable.
SELL ADS – YOU NEED ONE THING FOR THIS TO WORK!
Once you have a site and content on that site, you can start focusing on making money. You might consider offering services such as displaying ads on your pages.
This is one of the easiest ways you can use to monetize your site.
Basically, how this works is that you apply to merchants who would want ads displayed on web pages, once your request is approved you will be provided with a line of code. All you need to do is embed this code in your blog, and you are good to go.
The ads get displayed to your readers, and every time they click on the ads that they see, you get paid a small commission.
One of the best sites to get this service is Google AdSense. This platform will allow you to place Ads on your blog and pay you per click.
Different niches (topics) have a different cost per click. Some of the topics that have a high cost per click (meaning you get paid better every time someone clicks on the ads on your blog) include education, health, insurance, business, web design among others. Google AdSense will pay you an average of $6 per 1000 clicks.
While this method is simple, you need to have a site with lots of traffic if you want to make a decent amount of income. The good news is that this method is the most hands off and passive method of making money out there.
AFFILIATE MARKETING – THE BEST SOLUTION?
Ads are a simple way to monetize but the commissions are very low. Affiliate marketing on the other hand offers very generous commissions compared to serving ads. Depending on what you are marketing commissions can be in the hundreds of dollars per successful referral.
Affiliate marketing is where you get paid a commission when someone purchases a product or service through a link on your blog. This is another way to monetize your website, and it is the method that I use and recommend.
The process is fairly simple.
You get a dedicated link from a merchant and place that dedicated link on your site. When a purchase is made through your link, you get paid a commission.
While I stated that the process is fairly simple, I want to make it clear that the implementation is not easy. Affiliate marketing requires hard work. It takes quite a few months of content creation to start seeing even the smallest returns. if you don’t have the appropriate traffic, you won’t be able to earn anything.
Having said that, affiliate marketing has been a vehicle to financial freedom for an untold amount of people. The best part about affiliate marketing is that you are not tied to things such as keeping an inventory or shipping the product. All you have to do is present the right product or service to a hungry audience.
WHERE TO START?
What if I told you that there is a blueprint to help you launch your affiliate marketing business?
Did you like the video I posted above showing a website being created in 30 seconds? If so, You are in luck because I am about to show you how you can access that exact tool to build your site in no time flat!
I would like to introduce you to an online community of over 1 million affiliate marketers. Don’t worry, it is free to join.
This community is really a platform that gives you the education and tools, really all you need, to succeed in affiliate marketing.
Free of charge, meaning no credit card information required, you will get access to 20 how-to courses.
These classes are in-depth with step-by-step videos on the exact steps and skills you need to start an online business.
You will also have access to 2 free websites, which you will be launch just like in the video above.
You will learn how to pick a niche, build a website, create content and much more with your free “starter” membership.
I hope you take advantage of this opportunity as you have absolutely nothing to lose.
CLICK HERE TO DISCOVER HOW THIS FREE RESOURCE CAN HELP YOU LAUNCH YOUR BUSINESS ONLINE
I hope that after going through this post, you have gained some knowledge on how you can make a passive income with the internet.
Like I mentioned earlier dedication is key, you must be ready to do a tremendous amount of work before you achieve the recognition required to catapult you ahead.
With a little help, you can definitely achieve the success and financial freedom that you are looking for.
Please leave me your thoughts and comments below! I love to hear from my readers!
To your affiliate success,
Mike
Hi Mike. Thanks for the info. You make it sound easy. This is something that I definitely need to follow up on. I know that there is work involved but as long as I’m guided in the process with a good company I’m sure I can make it work.
Kind regards
Andrew
Hi Andrew! Yes the process itself is not hard. What is hard, maybe even very hard, is the implementation. If you are disciplined, patient and follow a good blueprint, chances are you will meet with success. I hope you check out Wealthy Affiliate. I think that you will be impressed with the value you get ……for free! Thanks for your comment.
I could not agree with you more on content. Without high quality content, you just do not have a business. Your blog is there to help people. A reader can pop away at the click of the mouse to someone who will be sure to help them if you do not.
I do have a question though. What have other people been saying about Wealthy Affiliate? From your own experience, it sounds good, but I want to hear about those of others.
Thank you so much and I hope you make it a great day!
Thanks for your excellent question Alex! People that give Wealthy Affiliate a try are usually thrilled. There is so much content that will take members step by step through the process needed to build a legitimate online business. It does take work though. There are no promises of easy money, or fast money. They cover effective concepts and provide amazing tools to help everyone reach their affiliate marketing goals without the fluff!
Hi Mike, Thanks for this great post. I think affiliate marketing sounds like a fantastic way to have your own home business and create some passive income if working. I have children and no family living close by so something like this could be an amazing platform for me to use while they are at school as its difficult for me to work full time while caring for them. I really liked the fact that you pointed out that it will take some work on the part of the marketer to get it up and running, so its not a “Get Rich Quick” scam that some affiliate marketing platforms may be advertising. I will definitely look at this further as I would love to be able to work around my family commitments.
Mary
Thanks for your comment Mary! I am glad you found the post helpful. I agree that Affiliate marketing is a tremendous opportunity. It does take effort and time, but the results are definitely worth it. Let me know if you have any specific questions and I will be glad to help if I can.