How to Make Money Online (For Beginners)
"I am trying to figure out where to start with internet marketing. I just read your post aboutlifestyle and I know the kind I want for my family, I just don't know where to start..."
Hi Lynn! 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 bechoosing 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 yourinternet 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)
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.
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? What steps will it take to get there?"
I know this is stating the obvious, but it should be said: 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 WordPress Blog
- Set up a Facebook Page and Twitter account
- Download and read SEO Fast Start (free)
- Create Optimized Content for your Site/Blog
- Sign up for Affiliate Programs in your niche
- Write Product Reviews for those products
- Get links pointing to your pages or posts
- Continue creating content, getting links & interacting via Social Media
Once you get all this set up and you're making money as an Affiliate,
you can look at other ways to monetize your site. You might create short reports on your topic to sell, test contextual advertising, or look into even more methods to make money.
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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