Website income
Profitable website ideas aren’t as hard to come by as the internet marketing gurus would have you believe.
Since the invention of the internet, the ability to create passive income multiplied exponentially. Today, there are many thousands of people who make a full time income from investments in real estate. Digital real estate , that is.
From amazon, digital products, affiliate marketing, to services and ads, there is a near limitless opportunity on the internet. The only problem? Narrowing it down.
Picking a Niche
Picking a niche or a subset of an industry is the most important factor when investing in digital real estate. A website that focuses on tax services can be very profitable, but have a ton of competition. Alternatively, a website on nail clippers for left handed people may be lacking in competition, but also lacking in profits.
It’s important in any industry to do your market research. Learn what is profitable. What is selling? For digital real estate, that can mean several things.
It is often said to pick a niche that you are passionate about. And while this does help with longevity, it is not necessary and sometimes not profitable.
In the long run it isn’t about what you want, or what you like (although you may have popular and profitable tastes). It’s about what the buyer wants, and needs.
Pick a niche that you can provide value to the buyer with. Don’t pick a niche in health if you aren’t willing to provide the best and most researched information you can provide.
Money Making Niches
Here are the top six most profitable niches that can make you money fast.
- Make Money Online How to make money online is the most profitable niche on the internet, period! Unfortunately, it is also the most saturated niche. There are millions of websites focusing on this niche.
- Finance The finance niche is one of the hottest niches around. You can blog about hot trends like cryptocurrency and blockchain. Investment portfolios and forex trading. You don’t have to be an expert to blog about saving money and financial literacy.
- Travel! Everyone wants to travel, whether domestically or internationally. The traveling niche has become a billion dollar industry over the last decade.
- Fitness- Today, the fitness industry in the United States is worth $30 billion, and it continues to grow between 3 and 4 percent annually. Everyone wants to shrink that bely and get fit.
- Personal Development- In 2016, the personal development market in the United States was worth over $9 billion. This is the perfect niche for aspiring life coaches and motivational speakers.
- Relationships- The subject of relationships is one of the biggest industries in the world and continues to grow.
Blogs
Starting a blog is one of the best and most passive ways to gain a passive income through your website. Most of the information spread across the internet is from blogs.
And although this accounts for quite a bit of misinformation, it also is the quickest way to disseminate information.
A blog can serve several purposes simultaneously. As a long-form written medium, the blog acts as a traffic generator by being searchable through google. With a blog, you have the highest chances of getting a regular supply of organic traffic.
Additionally, a blog gives you an opportunity to engage in the most popular form of passive income on the internet, affiliate marketing. Recommending products and receiving a commission for the sale of those products is the highest growing internet field of income.
You can promote other people’s products, or you can sell your own. For example, if you have a blog on gardening, you can promote and sell your own book of gardening tips directly from your own website.
SEO?
“SEO is DEAD!”
How many times have you heard that recently?
Okay, I get it. SEO is a lot harder these days, especially for new blogs. But that doesn’t mean it’s dead!
What it DOES mean is that you can’t rely on getting traffic from search
engines for the first few months of your blog’s life.
Instead, you should install your favorite SEO plugin, optimize each post
as well as you can, and then let SEO go. Let it do its thing.
Other than basic optimization such as keyword research and putting those
keywords into your content and title, don’t worry too much about it. No
matter how hard you work on SEO, your blog isn’t going to see a lot of
results from it in the beginning.
These methods will actually boost your SEO over time!
Services
The amount of services for sale online is staggering. Some service websites are for local businesses, others are for digital services, like digital marketing or website design. Regardless of the industry, creating a website for your services is is necessary in this day and age. It’s rare that people will go to any store or call and order a service without perusing the website first.
It’s important that every website that offers services, be easy to use and provide clear information on it’s services. For instance, UrBizBoost.com has an entire page dedicated to listing it’s services, descriptions, as well as prices.
E-Commerce
Besides the millions of websites that focus on creating a digital experience, there are online stores. In fact, eCommerce is almost surpassing in store sales. Amazon alone is a trillion dollar business. Having a website and selling products that you ship to the buyers usually requires some overhead and focus on inventory, but can be just as profitable as any other form of sales.
If you don’t want the headache of having to deal with inventory and shipping, there are other options. Dropshipping can be extremely successful for you, if you can figure out the intricacies of finding the right vendor and driving the right traffic.
Amazon fba is another option. Here, you would ship all your inventory to amazon and let them worry about shipping to the ccustomers. But that does require you relying on the amazon website instead of your own.
Membership Sites
You may never have thought of having your own membership site, but it is a strong customer attractant and is in some ways easier than the typical affiliate sites.
They may want a newsletter you are offering, they may be happy to get several things they want all in one convenient place, or they may just love the font you use. Whatever the reason they join, the members can be charged a small monthly fee to keep getting access to what you have to offer. This will generally include articles, services available to them, some type of customer service for questions ad problems, and a forum to tie it all together.
Meeting you monthly income goals becomes much easier when there is a steady stream of paying members each month. That can be in addition to your affiliate sales, or it can be used in place of them. Some affiliate marketers find that they enjoy building their membership site more than trying to keep several different affiliate sales sites going. A membership site is a brand, and can be marketed more easily than several smaller sites.
Diversify
It is said that the only true path to wealth is through several forms of passive income. The average millionaire has 7 streams of income.
It’s not necessary to have those forms of income spread far and wide. You may have all 7 forms coming in from websites. Perhaps you have two websites. One, might be a blog, where you sell your own products, digital courses, and services. Another site, you might be acting as an affiliate for related products and services.
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