How to monetize this site: The visitors to your site would all be ready to invest some money–most likely at least $10,000. So obviously, you can charge a healthy price for your offerings. I think a video course would probably be your best option here. You could also earn a lot of money from selling leads to companies that franchise snow cone shacks or sell the flavors and machines.
One great way to generate a passive income is through affiliate marketing. Now, this does depend on the size of your list. Yes, size matters when it comes to your list. Especially if you're looking to make some serious money and do it on autopilot. But, list-building takes time. It doesn't happen overnight. And you need to add value to your list or you become obsolete.
Your social media strategy is more than just a Facebook profile or Twitter feed. When executed correctly, social media is a powerful customer engagement engine and web traffic driver. It’s easy to get sucked into the hype and create profiles on every single social site. This is the wrong approach. What you should do instead is to focus on a few key channels where your brand is most likely to reach key customers and prospects. This chapter will teach you how to make that judgment call.
WP Engine provides hosting services for thousands of WordPress sites. This WordPress affiliate program is one of the highest paying ones; you can get $200 per referral or 100% of the first payment made by the customer you referred. In addition, you have an opportunity to find subaffiliates and earn from their leads, as well as receive bonuses for multiple sales.
Zygor is an interesting company. They produce strategy guides in the form of add-ons for World of Warcraft and Elder Scrolls Online. The guides are designed to make gaming much easier, helping people to level and get good gear faster. This is actually powerful, as both games are complex with a large number of quests, which can sometimes be confusing.
Okay, obviously, this is not something that I can link you to, but Danny runs great webinars. You know those webinars that are basically just very long sales pitches and nothing more? Well, that’s not the case with Danny, because in his webinars he shares very useful insights on online marketing. I really try not to miss those. You have to be subscribed to Danny’s e-mail list to know when something is coming up, though.
He is the owner of jeffbullas.com. Forbes calls him a top influencer of Chief Marketing Officers and the world's top social marketing talent. Entrepreneur lists him among 50 online marketing influencers to watch. Inc.com has him on the list of 20 digital marketing experts to follow on Twitter. Oanalytica named him #1 Global Content Marketing Influencer. BizHUMM ranks him as the world's #1 business blogger. Learn More
What I like about p2p investing on Lending Club is the website’s automated investing tool. You pick the criteria for loans in which you want to invest and the program does the rest. It will look for loans every day that meet those factors and automatically invest your money. It’s important because you’re collecting money on your loan investments every day so you want that money reinvested as soon as possible.
Came here with a preconceived notion but left with totally different mindset. Was wondering when looking at searches per month what would be the minimum you would consider? I feel you are going to say depends on niche. Second question, I have never thought of a directory site, how do you go about monetizing? Simply charging for a link? I have a bunch of decent domain but not enough time in the day it seems. Any advice greatly appreciated
Turn your passion into a thriving online business with Wealthy Affiliates. Simply follow their proven process easy to use tools to launch a website, attract visitors, and most importantly, earn revenue. Wealthy Affiliate was created by Kyle and Carson, who in 2005, launched the Wealthy Affiliate platform to help other people succeed online. Since then Wealthy Affiliate community has grown to over 800,000 internet entrepreneurs.
I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk. CIT Bank currently leads the pack with the highest interest rate.
While affiliate marketers are generally able to join affiliate networks for free, merchants usually have to pay a fee to participate in the network. Affiliate networks usually charge an initial setup fee for each merchant and often a recurring membership fee. It’s also common practice for affiliate networks to charge merchants a percentage of the commissions paid to affiliates. This percentage is known as an ‘over-ride’ and is payable on top of the affiliates commissions. But make no mistake about it, despite these fees, the benefits to the merchant for joining these networks is well worth the price. Here’s why…
Do you want to earn $100, $1000 — or even more — on the side? You can start earning extra income today with the help of this list of ideas I’ve put together. Spend an hour or two each day working on items that are practical for you, and you can build alternative income sources to help you improve your financial situation While many of the items on this list are passive income ideas, not all of them are. Some items require you to actively work for success.
Coursera offers MOOCs (massive online open courses) created and taught online by universities such as Northwestern University, the University of Pennsylvania, and the University of California system. These courses start at various times throughout the year, so browse the catalog to see when one lines up with your schedule. Below are a couple courses that are perfect for content marketers -- here's what a module for #4 looks like:
With SEOPressor, you’re not just earning 50% commission on sales – you’re earning 50% recurring commission. The service itself focuses on SEO for WordPress. It gathers key pieces of information on the customer’s website and provides all the details on WordPress itself. This allows users to easily see where there are issues, such as pages with 404 errors or ones with no meta title.
One of the best ways I ever saw total market share explained was by thinking of it like a giant pie and there’s only ever that much pie to go around. When you look at the JS data, you aren’t seeing a reflection of what you’ll get. For example, if there’s three sellers selling 300 units per month, if you join in, you’re not going to get 300 per month… you’re going to get 225 because your presence in the market has just reduced current demand by 25% for each of the current competitors. In the end, demand is only 900 units per month, regardless of how much supply there is. And in actuality, you’re more likely to do less than that as you might only take away 5% away from current competitors, earning yourself 45 sales per month.
Why We Buy What We Can Get For Free – Many people feel uncomfortable selling something online because of the nonsensical “I can find it anywhere on the internet, why would I buy it from you?” argument. In this post, Derek explains why it’s okay to sell stuff on your blog, what to do with people who complain about it and interviews Dan Ariely, who is a professor of psychology and behavioral economics at Duke, as well as NYT best-selling author of “Predictably Irrational”.
Investigate each company you're considering. Putting your money into a company's stock is essentially an investment in that company's wellbeing. If the company is poorly managed, or if their products/services are declining and the company is sliding towards bankruptcy, you'd do well to avoid that company. That's where doing your research comes in.
When it comes to niches that are driven purely by emotion, very few are able to compete with the survivalist and prepper industries. Both are driven primarily by fear, which makes it incredibly easy to make money if you’re able to deliver on the promises you make and provide high quality solutions to the problems that people in the market are having.
Though it can take a while to build up enough cash to put a 20% down payment on an investment property (the typical lender minimum), they can snowball fairly quickly. The key here is to correctly project income and expenses in order to calculate cash flow (the free cash you can put in your pocket after all associated property expenses have been paid). However you have to be sure to include the cost of a property manager in your calculations unless you want to manage the property yourself. Even with a property manager, you may be required to make large repair decisions every now and then – so while this is not a 100% passive activity, you are not directly trading your time for money like traditional employment.
The Web is an incredible platform for building, marketing, growing and maintaining a successful online business. Without the right tools and knowledge, your website is guaranteed to get lost in the sea of other web sites. If you are new to Internet marketing or your current website isn’t working, then the Launch2Success Internet Marketing Training Program is the key to taking your online business to impressive new heights. With our simple success program, you can get your business off the ground by using the most valuable tools and knowledge available to Internet Marketers.
Hm, I’d suggest you to take a look into paid products as opposed to paid membership websites, since the former is generally more useful than the latter (at least in my opinion). I can’t recommend anything in particular without knowing what exactly you are looking for (copywriting, networking, marketing, etc.), but I suggest you to check http://www.appsumo.com, they have a lot of great products there. Also, in case you are looking into paid membership websites for social reasons, not for learning a particular discipline, you might want to check out Dan Andrew’s Dynamite Circle (www.tropicalmba.com/innercircle), it’s a private forum where more than 400 internet entrepreneurs hang out, so it’s good for networking, asking for advice, socializing, etc. Hope that helps, let me know if you have any other questions! :)
A few months ago I was in the market for a new desktop computer that could handle editing 1080p video. I didn’t want a computer that could handle 1080p video. I wanted a computer that could eat, chew, and spit out 1080p video. I was tired of waiting for things to render. So, I set out to find good computers for video editing. What a mess! Thousands of articles, thousands of opinions from computer nerds, and nobody simply told me the answer. I just wanted a page that has good, better, best and then to SHOW ME in a practical sense what it is like editing video on that machine. I spent days researching whether I should build my own computer (which would be a good topic in and of itself) or if I could find one for a decent price that did what I wanted it to do.
If you have specialized knowledge in a certain topic, you can put together an online course to teach others. For example, if you have experience in real estate investing, you can create an online course “Real Estate Investing 101”. The benefit of an online course is that once you create the course material, you can sell it to as many people as you want.
How to monetize the site: Monetization on a site like this is somewhat tougher. The problem is that the VAST majority of people who go to a tiny homes website are just lurkers. They are just fascinated by the idea but will never ACTUALLY build a tiny home. Thus, they’ll never buy an online course showing them how to build their tiny home, or use your Amazon affiliate links to buy products for their tiny home. Realistically, the best monetization strategy for this website is ads. Ad revenue is very small for sites with under 30k pageviews/month so your first year will likely be pretty dry. HOWEVER, ad revenue builds up quickly when you can get to a private media seller like Adthrive (requires 80k pageviews/month) or MediaVine (requires 30k pageviews/month). Ad revenue is very consistent and passive, so it could be a very nice site.
This program pays up to $430 per sale to its affiliates. Not the highest paying affiliate program but the conversion rates are great and the product is also very valuable to new marketers. This is one of the easiest high ticket affiliate programs to join since all you need to make money with it is a Clickbank account. If you already got that, simply visit their JV page and get your link and start promoting.
BTW, I think the whole “near me” thing would work pretty well for terms like “chinese food near me”, “pizza places near me” etc., as you could monetise with JustEat/HungryHouse affiliate links (pretty sure they have them?) – e.g. someone searches for “chinese food near me”, hits your site, and sees something along the lines of a “XX chinese restaurants currently deliver to you. Order now at JustEat!” either as a pop-up or before the actual listings themselves.
Clickbank is one of the most popular affiliate marketing program that deals with digital products such as eBooks. This website has been around for many years and is among the first affiliate websites on the internet. Another great thing about this site is that it lets all people from different occupations to sign up for a free account. Once you sign up for the account, you will have an access to millions of eBooks that other members are selling. The quality of many of the items within the Clickbank affiliate program is debatable. But, the commissions are far and above many of the others on this list and much of the reason it is rated highly within this article is history and ease of use.
If you pay your bills with a credit card make sure it offers cash back rewards. You can let your rewards accrue for a while and possibly put the easy money you earned toward another passive income venture! (Be sure that the card you select doesn’t have an annual fee or you might be cancelling out your rewards). Check out this list of the best Cashback Rewards Cards.
Affiliate networks offer you access to multiple (and by multiple, we mean hundreds if not thousands) of individual affiliate programs. They basically work by simplifying the signup process - instead of applying to become an affiliate for a each product you want to promote, you simply apply to join the network and instantly have access to hundreds of different affiliate offers.
However, you should pick a niche and blog about that. If you're launching a money related blog, maybe it'll be about how to make money in real estate or simply how to make money online. Pick the niche and stick to it. If it's a diet and fitness related blog, maybe the niche is the Ketogenic diet, the Atkins diet or some other form of diet or fitness.