Welcome to my online money-making blog. There’s a whole lot more to making money online than many people realize. You don’t necessarily need to have a massive audience to be able to monetize your content. In fact, having a small audience or group of loyal fans can be just as lucrative as having a large one.
In this article, I’m going to tell you the strategies I’ve used to create multiple six-figure online businesses, which now generate an additional $100,000+ in monthly revenue. More importantly, I’m going to tell you how you can implement these same strategies to build your own online empire. So if you’re looking for fast and easy ways to make money online, then this article is for you!
The Keys To Online Success
In order to succeed online, you must first and foremost understand why people are attracted to the internet in the first place. In the pre-web days, information was limited, and people had to rely on others to provide them with the data they needed. This meant that if you wanted to know something, you had to ask someone, or you had to search for it yourself. The idea of finding information that is directly relevant to your needs (and isn’t outdated) is appealing, right?
This all changed with the invention of the web browser. Now, people can do the searching for you, and relevant information can be delivered directly to your inbox. As a result, if you want to make money online, you must first and foremost understand how to harness the power of the internet.
Monetizing Your Content
Once you have a substantial audience, you can start to monetize your content. Now, you don’t necessarily have to do this yourself. There are many companies and individuals who will gladly take up this task for you. For example, Wix.com, a popular web-based platform, allows you to create a professional-looking website in no time at all for a minimal cost. If you decide to go this route, be sure to sign up for Wix SEO, which provides you with free domain privacy, free backups, and much more. Doing this will take the stress out of worrying about your site being compromised and ensure you have complete control over your content’s exposure.
Building A Following
Once you have a sizable audience, the next step is to start trying to attract and engage a following. This isn’t necessarily as difficult as it sounds. You can start by engaging with your audience on social media, whether that’s Twitter or Instagram. Alternatively, you can take advantage of platforms like YouTube to engage with your audience there. Depending on your niche, you can find relevant and engaging content to make your videos stand out. For example, if you’re selling vegan recipes, you could create a cooking show where you educate your viewers on the benefits of going plant-based and grill some tasty treats for them.
One of the most effective ways to build a following is through the use of content curation platforms, like Scoop. It’s a free app that creates a personalized news feed around your interests. As an entrepreneur, you can use this app to discover content from high-quality news sources and reputable bloggers. Because these individuals already have a sizable audience, they’re a great source of inspiration for your following. When your followers discover you through content curation, they’re more likely to stick around and engage with you.
Monetizing Through Affiliate Marketing
If you’re looking to experiment with different monetization methods, then affiliate marketing is one of the greatest options out there. Not only does it allow you to tap into a massively lucrative market, but it also provides you with the means to make money online without having to worry about securing a spot on a major television network.
The concept behind affiliate marketing is rather simple. You promote a product or service that is relevant to your niche, and when someone purchases that product or service through your link, you get a commission. There are hundreds of large companies that currently operate in the affiliate marketing space, such as Amazon, Google, and eBay. If you’ve ever shopped on these websites, then you know exactly what I’m talking about.
On the front-end, affiliate marketing can be extremely lucrative. You don’t necessarily need a high-profile product to pull in the cash, as proven by the countless small businesses that operate successfully on a daily basis. For example, if you’re an attorney and you want to make money online, you could start your own legal blog. Each article you publish would be an affiliate link, leading to a product that could potentially generate a sale. When someone clicks on one of your affiliate links and makes a purchase, you’ll earn a small commission. It’s a win-win situation.
Monetizing Through Product Launch And Adverts
There are multiple ways to make money online. You don’t necessarily need to rely on one method. For example, you could use your site to sell and promote products associated with your blog’s content (i.e. affiliate marketing), use your blog to provide useful information about your industry (i.e. consulting or training), or use your site to simply show off your work (i.e. portfolio site).
The important thing to remember about all of these options is that money is still coming in, even if it’s not in a high-dollar amount. As long as you’re consistently putting content out there, you’ll continue to generate income. As someone who recently achieved success as an independent writer, I can personally attest to this fact.
The Role of The Influencer
One of the most effective ways to make money online today is through the use of ‘influencers’. Influencers are popular and well-known figures in a given niche or industry. When an influencer promotes a product or service that is relevant to your niche, you’re going to see a significant uptick in traffic and potential sales. It’s a win-win situation.
To effectively use influencers, you must first and foremost understand their audience’s needs and wants. What is the typical demographic of an influencer? Are they mostly female, or are there predominately men in the group? These are all important questions to ask yourself, because you need to decide whether or not your product is going to appeal to this particular audience. Are they more likely to enjoy high-end fashion products, or are they more interested in health and fitness?
Once you’ve determined the answers to these questions, you can start to devise a strategy to reach the largest audience possible. For example, if you’re an influencer in the fashion industry who wants to gain more subscribers on her YouTube channel, she could start by creating videos on fashion trends or style tips for women. Soon, she’ll have a sizable audience, and then she can branch into fitness or lifestyle content.
Even if you don’t necessarily want to become an influencer yourself, you can still enjoy the benefits of being able to advertise and promote products relevant to your blog’s content. One of the greatest free blog platforms out there is Blogger, which is owned by Google. It’s a fantastic choice for anyone simply looking to create a blog. With Blogger, you can choose a free custom-branded URL, install Google Analytics, and start posting within minutes. You don’t even need to know how to write a lick of code.
Google also owns +YouTube, which is one of the most popular video platforms out there. To date, the company has over 3 trillion views on its various platforms, making it the world’s largest video platform. It would be a dream to have your own YouTube account, as it can potentially drive thousands of dollars in revenue each month. Be sure to sign up for the YouTube Partner Program, as this will likely be your best source of income on the platform.
The Bottom Line
In my opinion, there’s no single ‘best’ way to make money online. Instead, it’s important to find what works best for you and your personality. In general, I’d say the best approach is to find something that you’re passionate about, and then use that to build a monetized blog around. From there, you can use the strategies discussed in this article to further enhance your income. Good luck out there.