Today, more and more people are opening their eyes to the fact that there is more money and freedom to be gotten online than from a regular 9 to 5 job. The internet is full of money-making opportunities, and anyone smart enough to take advantage of them stands to make a good amount of extra cash.
If done right, you may even end up quitting your day job to focus completely on your online business, because you will simply be making so much money from it. And the best part is, to get started, all you need is a simple website, a whole lot of passion and lots of commitment and patience.
If you have been wondering how to make money from a free website, then you have come to the right place. Here is all the advice you need to start you off on your online money-making journey.
There are many different opportunities for making money on the internet. Some of them include:
- Advertising programs like Google AdSense
- Selling your own products
- Content creation
- Selling your skills on freelance sites
- Building an email list
- Affiliate marketing
There are many more ways through which people make money on the internet. However, for the purposes of this article, we shall focus on affiliate marketing.
WHY AFFILIATE MARKETING?
Affiliate marketing is one of the best ways to make a little (or a lot) extra income online. It is simple and straightforward but highly effective. As an affiliate marketer, your job is to promote other people’s products and earn a commission from every product sold through your efforts.
Affiliate Marketing is an amazing way of making money from your site because it offers uncapped earning potential. You can literally make as much money as you want because the amount of money you make is directly proportional to the number of products you sell and the number of people you sell to.
Affiliate marketing also gives you an unmatched level of freedom and financial security, because you get to be your own boss. Choose your own hours, how much work you are willing to put in, and the products you want to sell.
Today, you can get an affiliate program for almost any product you can imagine. Simply type a product name + affiliate in Google and you will see your options. Products can be promoted in many different ways:
- -Banner ads: When you have a product you like, you can get an advertising banner from sites such as Clickbank and put it up on your site. Your readers can then click on it after reading your content. Maximize your earning potential by showing different ads on different pages.
- -In-content advertising: You can write a post such as 7 Best Fishing Rods 2019 for your fishing site. You can then place affiliate links to these products within the article, or at the end after the closing statement.
To become a successful affiliate marketer, you need a website that you will use as a tool to promote your affiliate links. So, the first and most important step is to create a website or a blog. This will be your business platform.
The next important thing you need to do is to pick a niche you are familiar with, and one that you are sure you can promote its products honestly. This is very important. You need your audience to trust you, and the first step to earning that trust is by making sure your website has the reputation of being useful and honest with your audience.
Promote only products you have personally tried and tested whenever possible. Plus, if you pick a niche that you are familiar with and one that you are passionate about, you will not easily get bored with it.
Here is an article I wrote on how to pick a niche!
SETTING UP YOUR AFFILIATE MARKETING WEBSITE
When setting up your affiliate marketing website, you can take one of two approaches:
- Resource websites
- Review websites
Resource websites are more focused on producing how-to articles or tutorials. To run a resource website, you need to be able to frequently provide fresh and original content that is useful to your audience. This is the only way they will keep coming back to your site and clicking your affiliate links. Resource websites are information oriented, so the more knowledgeable you are when it comes to your particular niche, the better you’ll do.
Review websites review particular products that are popular with a niche and provide affiliate links to where these products can be purchased. Your job is to connect the clients directly to the merchant companies. Make sure that you provide honest and thorough reviews to your readers. They will be making decisions based on your recommendations. If they feel like you have mislead them, you will lose their trust. The impacts of this will be very negative for your business.
Today, creating websites is no longer a specialized skill. Anyone can do it. Even if you are a complete novice, several platforms offer step by step clear instructions or tutorials. There are also many free or very cheap options available online when it comes to creating and publishing websites.
If you feel like you are not technical enough for this critical step, don’t worry. There are dozens of tools out there to help you create sites automatically with little to no technical expertise required. Check out the video below! It is exactly how this website was built!
As an affiliate marketer, one of the most important things to you is traffic. The amount of traffic your site gets directly relates to your income. You want to make sure that you attract as many people to your site as possible if you want to maximize your earnings. There are several strategies that you can employ to achieve this:
- Organic traffic through SEO
- Paid advertising
- Email marketing
HOW TO MAKE MONEY FROM A FREE WEBSITE
If you want to maximize your affiliate marketing website’s earning potential, the best thing to do is to take advantage o several different techniques and find out the best methods that work for you. When it comes to online businesses, putting all your eggs in one basket can often spell doom for you. Here is a list of some of the things you can choose to do in addition to affiliate marketing:
- Selling Ad Space
- Google AdSense
- Email Marketing
- Creating Your Own Product
- Guest Posting
- Accepting Donations
- Premium Content
Sell Ad Space:You can choose to sell the ad space on your website to companies that sponsor blogs and websites. This strategy requires you to come up with a particular fixed price per month for the ad space. For example, you can decide that your sidebar space costs x dollars a month. This way, you will have a guaranteed monthly income of x dollars until you pull down the ad.
It is important to keep in mind that this method heavily depends on the amount of traffic you get. No company is willing to pay a no-name website a premium price for an ad. Typically, the price is quoted as cost per thousand or CPM. This means that for every thousand impressions you make, you get paid a particular set fee. For example, if your fee is $5 CPM, it means that you get $5 for every 1000 visits. So, you need to get at least 100,000 visits a month to get paid $500. Which goes to show how important a good amount of traffic is if you want to earn a significant amount of money.
Alternatively, if you are an authority in your niche, some companies are willing to pay a direct price to advertise with you. This is usually a fixed fee that is paid each month and not tied to cost per click or CPM.
Google AdSense is also a great way to monetize your site through Ad marketing. Google allows website owners to advertise on their sites and earn some commission from the ads. An advertiser pays Google to display their ad to a large audience. Google then allows you to choose to display these ads, and when someone clicks on them, you earn a commission.
With AdSense, the more the number of clicks you get the higher the amount of money you make. This means that you need a huge audience in order to make a significant impact. It takes a lot of hard work and dedication to amass a high-quality audience, attract and retain them to your site.
When you sign up for Google AdSense, remember to track the performance of your ads and to optimize them to generate maximum profits. It’s a trial and error thing because every niche and every website is different. What works for you may not work for me and vice versa. Also, make sure that the ads you are displaying are relevant and attractive to your visitors if you want them to click on it.
Email Marketing: Building an email list is a great way to open up your business to more customer bases and increase income. Email lists are personal, which means that they lead to the creation of relationships that will push your business to the next level.
It should be noted, however, that building an email list is a sensitive affair. Your subscribers are trusting you with their personal information. You need to make sure that you know what satisfies your subscribers and cater to that. Sometimes you may find that your subscribers hate it when you push products towards them, instead preferring to stumble upon gems and buy of their own accord. Whenever you are selling your affiliate products, make sure they are as tailored as possible. The products need to be relevant and value adding.
Once in a while, send your subscribers free content that is valuable. Be sure to naturally slip in data and information about the actual product you are trying to sell. By introducing these links in the documents, you increase the chances of them being stumbled upon by other readers or users.
Whenever you get a new subscriber, always remember to welcome them to your platform and thank them. Always make sure your email marketing directs traffic back to your site where you can make money in other ways.
Create your own product: Identify a niche you are passionate about that sells well, understand your audience to create a product that they will love, and make a profit!
Although it sounds simple on paper, creating a product from scratch can be quite difficult. A great way of doing it is to ask your audience what they want to know more about, then compress a few nuggets of wisdom from your knowledge of your niche into a 30+ page document, then sell it on your site. Make sure it is of a high enough quality and ads significant value to your clients if you want to retain them and sell similar products to them again in the future.
When you have your own product, you can choose to market it yourself through your networks, thus maximizing profits. Having your own product is also a great way of making sure all your clients are retained because they have to buy from you. If you choose to sell your product through affiliate programs, you also have total control over who you choose to work for you.
Guest posting: This is another great way to generate income from your website. When your website attracts a good amount of traffic, you can invite guest posts from authors who want to build a reputation in your niche, and charge them a fee for their articles. You will then include links to their sites on your website. This not only earns you a little extra cash, but it is also a great way of getting quality content while you are at it. Be sure that you are smart in choosing people who guest post with you. Do not link to spammy sites that can eventually compromise your brand.
Accepting Donations: This method usually works well for sites that have an engaged community that appreciates the content created. You need to make sure that your content is really good and caters to what your readers are looking for or the problems they are trying to solve. Once you do that, all you need to do is ask the audience to donate any amount they feel comfortable with.
You won’t break the bank by going in this direction, but it can help offset running costs and maintenance fees. However, if you have a few million visits a month, you can make quite a lot of money.
Premium content: You can also choose to offer premium content on your site. Customers appreciate special treatment when they spend some money on your site. For this to work, however, your content needs to be of a sufficiently high quality so that your customers are willing to pay a premium to get more.
Create content of extremely high value and detail to be worth the price you are asking for, then create a membership area or login page that your audience can access if they want even better content. By offering premium content or a paid membership option, you not only increase the value of your business by increasing user interest in it, but you will also be pushed to create higher quality content to maintain your position. You can also create recurring commissions which are extremely nice to have!
The Internet can be a wonderful source of additional income if you take advantage of it in the right way. In my experience, the best way to achieve this is to start an affiliate marketing website, then incorporate several different monetization strategies into that website.
You will soon realize that your website can become a very reliable source of additional income. The best thing about it is that it is so easy and straightforward to implement. Plus, so many people have done it successfully in the past, so there is an abundance of learning resources on the web for whatever strategy you would like to implement.
Are you thinking of trying Affiliate marketing? Are you struggling with your affiliate marketing business?
I have an excellent recommendation for you! It is absolutely free. They don’t even ask for a credit card number to keep on file!
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You have nothing to lose and much to gain. I hope you give it a try!
To your affiliate success!
P.S. Leave me your thoughts and comments below. I’d love to hear from you!