There is a seemingly endless supply of niches and markets to make money online, but you can only do this through effective marketing. So, in this article I will teach you the exact steps I took to make money online, along with some popular ways to make money from an online product or service.
Monetising A Hobby
In my case, I have always loved to paint, and since I had a spare bedroom I made it my painting room. I would often sit for hours just painting, creating detailed landscapes that I would post on my website and social media to exhibit my talent. While this was a genuine hobby which I enjoyed, it didn’t bring in any money and I didn’t have any formal training. It was also a very labor intensive process that didn’t allow for much else.
Then, one day, I was scrolling through Facebook and came across a post from a business partner of mine. They were offering cash back on purchases of essential oils and the like, so I decided to check it out. I had no idea what essential oils were, but the idea of getting paid to buy them sounded too good to be true, so I decided to give it a go. Within a few days, I had made a purchase of several bottles of essential oils and waited for the money to come through. To my surprise, they had processed my payment and sent me an e-mail confirming my successful purchase and that my account had been credited with the purchase. Essentially, they were giving me money for purchasing their products!
I didn’t need to rush into action, because I already had a successful side-hobby that I could continue to monetise. So, I reached into my savings and bought more oils and also some other bits and bobs that I could put on my site to make money. I figured that my existing audience would appreciate something like this, so I could continue to drive customers to my site regardless of whether or not they wanted to buy anything. This was the beginning of my online journey.
The Basics Of Making Money Online
Like any other form of marketing, you need to establish a brand for yourself in order to make money online. The most successful online marketer in my opinion is Darren Rowse, and his brand, ProBlogger, is extremely popular all over the web. You can read all of his thoughts on the subject here:
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The Basics Of Making Money Online
Darren Rowse is one of the most prominent bloggers in the realm of digital marketing and blogging, having created numerous courses and guides on the subject, not to mention a popular monthly newsletter that he sends out to his extensive list of subscribers. What makes Darren’s work so valuable is that he covers all the bases, explaining not only the theory but also showing you, step-by-step, how to apply it to your own blog or website.
The Importance Of Research
You need to do your research before you start your online journey. What are your goals? Do you want to make money fast and easy, or do you want to establish yourself as an expert in your niche?
The former can be achieved through affiliate marketing, which I will discuss next, while the latter will require a bit of research and time to build a following. When choosing affiliate programs to promote, always make sure that you are signed up with a reputable company and that you are aware of how much commission you will make. You should also do your research into the company itself, reading reviews and getting answers to any questions you might have. You should also seek out affiliate programs that have a high conversion rate, meaning that they convert a lot of clicks into sales. These are the types of affiliate programs that you can be confident will bring in the money you need to establish yourself.
Affiliate Marketing
I would recommend starting out with affiliate marketing, which is something that Darren Rowse and I discussed in detail in his video lesson:
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Affiliate Marketing
Affiliate marketing, commonly known as affiliate selling, is a form of marketing in which a business rewards you for bringing in revenue by paying you a commission when a customer clicks a hyperlink, buys a product, or signs up for a service provided by an affiliate partner. You can read all about affiliate marketing here:
The Basics Of Making Money Online
If you’re new to this, then it might be a good idea to first try out affiliate marketing with a free account on ClickBank, which is a trusted online marketplace for selling and buying digital goods. With a free account, you can test out the product you want to promote and see how much money you make before you invest in a merchant account.
Monetising A Hobby
You can also try turning your hobby into a money-making venture. For example, if art is your passion, you could start an online gallery where you can sell your artwork for others to enjoy. You could also consider selling your artwork on social media or one of the many online marketplaces, or even creating your own online shop to sell your products.
There are numerous ways to make money online, as long as you develop a solid marketing strategy and implement it effectively. If you can think of a way to make money from a hobby, or even a talent, then all you need is some courage and the willingness to try something new. Good luck!
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