Create Niche Websites
What is a Niche Website?
A Niche Website may be a small website focused on one particular topic which shares all the knowledge relevant to the subject that’s both useful and interesting for the audience.
A niche website are often of few pages or maybe of many pages depending upon the dimensions of the niche.
Great for:
- people that have an interest in a very specific topic within a Niche.
- people that like to talk, write, explain and have the power to influence.
Skillset needed:
1. Ability to make Niche website supported specific sub-domain using WordPress, Blogger or other available software and tools.
2. Ability to market the web site using social media, ads, etc.
Time Required:
You’ll start a niche Website in a day. But creating good content for the web site might take time.
Tips:
1. Write out as many niche site ideas as you can, using the subdomain that interests you the foremost .
2. Narrow down your niche idea. Providing answers to the following questions:
- What’s the audience size of your niche?
- ls your audience known for pocket money on purchasing niche related products?
- Are there multiple products available which you reviewed on your site?
- Are there affiliate programs that provide as much as 50% commissions?
More Tips:
- Create a minimum of 10 articles of rich content with 1000 words which will provide value to your niche targeted audience.
- Check in for a minimum of 2 affiliate programs that provide products associated with your niche with as much as 50% commissions.
- Do keyword research and find a minimum of 15-20 niche relevant search terms and check out to rank your site for them.
- Attempt to network with the owners of the authority blogs in your niche and find guest blogging opportunities.
Earn by:
- Promote the products relevant to the subject of your niche website by placing affiliate links within the content and sidebar of your site.
- attempt to get more visitors to your site by doing SEO, forum marketing, social media, and paid ads. The more people visit your niche site and buy products through your affiliate link, the extra money you create .
- How about creating 10 more Niche Websites with every site generating $500 a month in affiliate commission? That would be $5000 of passive income per month.
Create A Membership Site
What is a Membership Site?
A membership site may be a private website, with exclusive content available only to the signed up members.
It usually provides members with the ability to interact with one another. They pay a monthly fee for being a member of the website.
People that wish to interact with, guide and lead a community.
Skillset needed:
- In-depth knowledge of any particular domain.
- Ability to research new things and constantly generate new and helpful content.
Time Required: Depends on the domain expertise o the creator.
Tips:
- In the beginning, keep the fee for joining the membership site ridiculously low. Aim to make a minimum viable product rather than creating an ideal product. You’ll always improve your site in later stages.
- If you’ve never been a member of any membership site till now, consider joining one or two associated with your domain. Study those sites.
- Find what’s working well for you and other members of that site? What makes it well worth the monthly fee and the way you could replicate this?
- Network and have interaction with members. Your membership site should not be the one that the sole drip feeds the content, with little or no input from the owner. you want to provide insider access for your members who want to speak with you. Albeit you’re busy, you want to spend a minimum of half an hour each day to get involved in your membership site. You’ll do that in ways such that you’ll interact with the members, answer their questions or maybe lead an interaction inside the forum.
- Run group events and challenges to extend members’ engagement within your site.
- Organize regular events, challenges, or similar. Make it easy for members to participate. Offer prizes, display leaderboards or creates an excellent incentive for members to participate and get involved.
- Periodically review what’s working and what isn’t. Attempt to adapt to the content supported by the members’ needs. For instance, if you offer most of your content in text format but your members are engaging more with the video content then shift from text-based to video content.
- attempt to introduce new initiatives and see how your audience is responding. Like live Q&A calls or similar. But be careful, don’t overwhelm members with several different initiatives. Introduce one thing at a time.
Earn by:
Monetization is extremely simple. The more the members check in to your website, the more the income you generate from the monthly fees that members pay.
Sell Websites On Flippa
What is Flippa.com? Flippa.com is a web marketplace for selling and buying websites.
Great for:
- People that wish to develop websites.
Skillset needed:
In-depth knowledge of WordPress platform and website creation.
Tips:
- Choose a subject you’re hooked in to . you would like to be hooked in to the topic your website focuses on. If you launch an internet site about something that you simply dont care about, you’ll lose interest very quickly and inevitably pack up thereon .
- believe your long-term business model. to form your website successful you ought to do tons of research beforehand. attempt to find the answers to the subsequent questions:
- Who are your direct competitors?
- How do your competitors make money?
- How will your website make money?
- How are you able to make your website stand out from others?
- How long will it take monetize your website?
Tips:
- Choose a website name that’s relevant to your topic and appeals to your audience. A decent name is an important part of branding your blog.
- Choose a reliable paid host
- You would like to form your website’s design and layout look very professional. Believe it or not but first-time visitors will speak volume about your website in the first 10 seconds of loading, so you would like to make sure that your website’s design appeals to them and that they love it.
Earn by:
- Check in and register your website on Flippa.com. Flippa works on bidding model
- Set the price of your website 10 times greater than the present monthly income of your site. For instance, if your site is earning $500 per month then you can set the selling price of your site to a minimum of $5000.
- Start the auction and await bids. People will start bidding to purchase your site. Once you receive the bid that satisfies your target asking price, then finalize the bid.
- Flippa will manage all the payment and other technical stuff for you and you will receive your commissions via your selected payment method.
Sell A Video Course On Udemy
What is Udemy.com?
Udemy.com is a web learning marketplace. Udemy features a huge list of courses in everything from programming to yoga to photography and far more.
You can create a course in text, audio, and video formats. Every course is out there on demand and students can learn at their own pace, on their own term and on any device.
Great for:
People that wish to teach, explain and solve problems.
Skillset needed:
- In-depth knowledge of any niche of your choice.
- Ability to present knowledge in an easily understood form.
- Ability to make and record high-quality videos.
Time Required:
Depends on the scope of the course, the amount of modules included and therefore the time required for preparation.
Tips:
1. Pick a topic in which you are specialized in. Study the courses relevant to your topic and see how many people are interested and have actually enrolled in the courses.
2. This will give you a rough understanding of the people who are interested in your topic and willing to invest in your course.
3. Study the other available courses and find out the things which you can offer that will make your course much better, different than other available Courses.
4. Identify your audience level and then create the course content.
For example, you need to first decide whether your course is for beginner level or expert level audience. Then accordingly you need to create your course content which appeals to the right audience.
5. Make sure your course title and description are optimized for appealing your target audience. Try to answer the frequent questions that your audience asks in your course description.
6. Deliver at least 80% of your course in video format as it is the most engaging way of interaction. Also, keep the length of each video lesson between 2-10 minutes.
7. Build a rapport with the audience, and engage. You can always do quiz ups between lectures to make it engrossing and interactive.
Earn by:
1. Udemy gets a lot of daily visitors so there is a good chance that your course will get noticed and people will enroll in and you will start earning money.
2. You can even start a small blog on your course-related topics and promote your course.
3. More people sign up for your course more money you make.
If you would consider starting any of the above mentioned online businesses, which would it be? Let me know in the comment session
kemmytheVA 