10 Steps To Making Money Online
There are obviously many ways to make money online, the question is which way is right for you? Since the down turn in the economy one of the most searched phrases on the Internet is “make money online”. Whether you have lost your job, feel you might lose your job, want to change jobs or just want to make a little extra money on the side the Internet could be your tool to success. It gives you the opportunity to work when you want and where you want as long as you have an Internet connection.
You should know that making money online is not an overnight thing. You need to put a lot of upfront work into it and have enough patients to let the search engines to do their work. If you have lost your job and want to keep your stress level down, it is advisable to find another job while building your online career. At least until you have proven yourself and your income using the internet. Once you get the ball rolling things will really start to pick up and have a snowball effect. Although it can take time to get things going, the payoff at the end is well worth it.
This article will explain in abbreviated detail one of the most simple and commonly used methods of making money online. Each step will have it’s own article explaining in more detail what you needs to be done. Let’s get started.
Building A Successful Website
One of the most important parts to making money online is the method used to choose your topic. Just like with everything else in life, the Internet is filled with competition. If you are just starting out, you should be looking for “the low hanging fruit.” You need to find keywords or topics that have a high search volume but low competition. Google has provided us with free tools to help in this endeavor. All you have to do is think of the topic or topics you want to tackle and with a few clicks of the mouse you should be able to get a pretty good idea of whether or not you should move forward or find a new topic.
2- Domain and Hosting
Choosing and purchasing your domain name can affect the way the search engines rank your site. You can go to blogger.com or any of the many free blogging platforms and do essentially the same thing but if you are serious about making money online you will want to purchase your own domain and hosting account.
If you own your own domain you are able to change the permalinks and make them more search engine friendly. You can also add plugin’s and change the back end of your site, if you own it. This can help your site rank better and a lot faster. If you own your own site you can sell it later on like a piece of online real estate. Also, Google will take you more seriously if you own your own site or business verses taking the free route.
3- Site Creation / Configuration
This is not as intimidating as it sounds. Once you have done this a few times it all becomes second nature. With the help of WordPress most everything is already taken care of for you. You don’t have to know any programming to build a successful, good-looking site. There is a little bit of configuring that can and should be done, but other than that it is just a step by step process that just about anyone can do.
4- Content Creation
Creating captivating content is a must. You do not have to have your Masters Degree in writing to succeed in this area but you do need to know what your readers are looking for. If your content helps the reader in any way, you should be good to go.
You will need to understand a little bit about keyword placement but that will be covered later on.
5- Understanding Search Engines
Search Engines are now your new best friend. You need to do everything (moral and ethical) that you can to be on their good side. If you can impress the search engines, your websites will rank well and (as long as you did your keyword research well) you will get a lot of good quality traffic. Good organic traffic is the key to your online success.
6- Stat Counter / Analytics Installation
It is important to have some sort of analytical tracking installed on your website. Using stat counter and Google analytics you will be able get detailed information on the traffic that comes to your site. This will help you fine tune and convert your traffic into money.
7- Installing Google AdSense
One of the simplest ways to make money online is though a program called Google AdSense. In a nutshell, you put these Google ads on your website and when people find your website and click on the ads you get paid. Each click can range from $.05 to $10.00 per click. You should not click on these ads yourself or tell your friends to click on them for you. This is against the Terms Of Service and you could get your Google account banned for life. The trick to making this work is creating a lot of natural organic traffic.
8- Internal Linking / External Linking
Google has a very complex algorithm that they use to rank websites. Have you ever wondered how they choose what sites come up on the first page when you search for something? There are literally millions of results that pop up, so how do they judge each site and decide which ones to put on the first page? Internal and External Linking is a huge key to making this happen. The more good quality links you have pointing back to your website the more relevant your website becomes.
There are some rules that go with external linking so don’t just go and get a million links overnight or you will get yourself into trouble. You have to follow a certain schedule while diversifying each link. This will be explained in more detail in the Internal Linking / External Linking article.
9- Learn to Out Source
Many people think they run their own business when in fact they just employ themselves. There is a big difference between owning your own business and being self-employed. If you are self-employed you usually have to be there (at work) to make money and most of the time you end up working more hours than you ever have before. A dentist or doctor is a good example of being self-employed. They can make a bunch of money doing what they do, but unless they are there working they don’t get paid.
If you own your own business you can make money without having to be there. If you are a dentist and you own your own practice and hire other dentist to work in your office, they can do the work when you are not there and you will still make money.
We live in a free country and the American Dream is to own your own business and live the life the way you want to live. If you can out source your work online you will become a true business owner much faster than doing it all yourself. This is the true key to taking your online income from $100 per month to $30,000 per month.
10- Repeat these steps 100 more times.
Internet marketing is all about being persistent. Most people work really hard for a few months then get discouraged and quite cause they are not making a million bucks yet. Google wants to see if you are serious about your business and not just some spammer trying to make a quick buck.
If you repeat these steps over and over again you will see that some sites take off really fast and will make you some decent money. On the other hand some sites will take a few months to get any traction in the search engines. These sites may take a little longer but they will generate huge revenues, if you stick around long enough to see them.
Think about this… If you create 100 websites and they all average $2 per day you will be making around $6,000 per month? What kind of an impact would an extra 6k make in your life?
The simple fact is, even if it took you 3 years to finish all 100 sites you would still be making an extra $6,000 per month. If you created another 100 over the next 3 years you would be making $144,000 per year. Is your job going to be paying that kind of money in 6 years? If not, then you should get started today.
If you really focus on Step 9 (out sourcing your work) you could create 100 websites within 12 to18 months without any huge expense each month. You could obviously do it a lot faster than that but that is about the average.
Take it step-by-step, one day at a time and before you know it you will be at the top of your game, owning your own business that generates a decent income without you ever having to clock in again.