The Secret behind Earning Money with your Own Website

Have you ever come across someone who earns money through his/her website?

If not, let me tell you, there are many people who earn a lot of money through their website.

Want to know how they are doing it?

In today’s post, I’ll share the biggest secrets used by wealthy internet marketers for making a ton of cash online.

After reading this article you’ll know, how you can make money with your own website.

By “website”, I do not mean starting a large company like facebook or google, I’m talking about sites which can be started even by students, working from home.

It doesn’t matter whether you’re a college student looking for a part time job or you’re unemployed, this method could work for you and is possibly the best way to earn money online right now.

Okay, lets quickly begin.

The single most important thing you need to remember is this:

In order to earn money from your website, you need to provide something of value.

In other words, give people something they are looking for.

Pay attention to these business models carefully. It will help you understand this concept.

These are the exact methods used by people who are earning a ton of money, working from home.

There are 3 types of income you can generate from your website:

1. Get paid to promote other people’s products (Affiliate marketing)

The concept is simple:

– You create a website.
– Suggest a product created by someone else (on your website).
– Earn money whenever your visitor buys the product you’re suggesting.

You might ask, “how will the company know if the visitor came from my website?”.
The answer is, you’ll be given a special link by the company you’re promoting (called the affiliate link). And they’ll know when a user clicks on your link.

“How can I make money with this method?”

For example, lets say you’re a girl who likes beauty care & have some knowledge on that topic.

So you’re starting a website where you write about beauty and make-up tips to help other women.

One day, you find a great product which you’re damn sure will help the ladies who read your website.

So, you write about that product on your site & add your affiliate link in the same page, so that others can buy the product. By doing this, you’ll get paid for each sale which comes through your website.

This is just a small example. This method can be applied to any field or topic which suits you.

Now,

How to find products to promote?

This might surprise you, but:
You have almost unlimited choices of products you can promote!

This is because, almost all shopping sites in India have an affiliate program.

Here’s the affiliate section of popular online shopping sites: Flipkart, Amazon, Snapdeal

You just need to pick the product which is related to your field & promote it.

How much can I earn?

I’m not going to mislead you by saying you can earn thousands of dollars in a few months. But if you put the effort & time, there is literally no limit to how much you can earn.
Pat Flynn, owner of smartpassiveincome.com publishes the income he earns from affiliate marketting on his website.

Monthly Income Reports

I know this is going to sound crazy, but he actually earns close to 1 crore in INR per month!
Harsh Agrawal from Delhi has earned more than 48 Lakh in INR from affiliate commissions with his site. There are thousands of other people who do affiliate marketing but don’t reveal their income publicly.

How to start?

If you’re interested in affiliate marketing, here’s what you need to do:

First, think of a topic which interests you. It can be in any field, for example: games, gadgets, fashion, cooking, nutrition, fitness, sports, books, music & so on.

Then, create a website & start writing on that topic.

Finally, promote products which are related to your field.

When you’re selecting a topic for your website, make sure it is not too broad or vague.
It should be very specific.

For example: instead of choosing a broad topic like “Health” you could choose “Weight Loss Diet”. This is called selecting a niche. Niche simple means a more specific topic or audience.

Here’s a quick tip to help you find the topic for your website:

Another way of selecting a topic for your website, is to identify a problem which a group of people are facing & then help solve it. In other words, write about something which people want answers for.

It goes like this:
– Find a problem
– Create a site with lots of information related to the problem
– Find a product which solves the problem
– Recommend the product on your website

To understand this concept better, let’s take “hair fall” as an example. It is a problem faced by a large number of people. Lets say, you’re starting a website to write about hair fall problems & treatment. Recommend a product which stops hair fall (preferably something which you’ve tried personally & worked for you). When someone buys the product after clicking the link from your website, you’ll earn a commission from the seller.

This is a win-win situation for all because, you’ve given a solution to your audience’s problem & you get paid by the company for making a sale.

This strategy has helped thousands of people start their own websites and make money online.

A lot of people who started their sites are now earning an extra income with it and many are even doing this full time.

If you’re worried that you don’t know how to create a website, don’t worry. It takes less than 10 mins to make a website.

UPDATE (May 2015):
Since we got too many requests,
We have published our own guide on How to Make a Website.

Before we proceed further, let me show you some real life examples of sites & people earning through this method.

Let’s take a popular site called besttechguru.com started by Rahul Dubey. This site focuses on people who want to buy phones. He targets search terms like “best phone under 10k” which usually gets a lot of searches on google. So they write articles on this topic and at the end of each article they put a link to flipkart or amazon to buy the phone. These links are simply their affiliate links. Whenever an user buys a phone through their link, they get a nice commission from the sale.

Nowadays, its so easy to make a website with wordpress that you don’t need to worry about the design at all. You need to focus on the content only. There are tons of themes available for websites. You can even see the theme used by BestTechGuru here.

2. Earn money by displaying ads on your website

Another way of making income from your site is by displaying ads on it.

There are several companies which provide Ads to display on your website. But, the best & most popular one is provided by Google. It is called ‘AdSense‘.

After you place ads on your website, Google will pay you whenever a user clicks on the ad displayed.

Many people recommend starting a blog to earn money from adsense.

A blog is a website which is updated regularly. The owner of the blog posts new articles every few days.

Blogging is great but, if you start a blog on a broad subject, it can take too much time to earn good income through ads because there are already too many blogs on that topic.

So, you need to target your blog to a small market (niche). You must focus only on that.

Some popular examples of niche are Healthy Cooking, Weight Loss Diet, 6-pack abs, etc.

Remember:
No matter which niche you select, your goal must be to help people in some way or the other.

Here’s a video where Jay from lazyassstoner.com, shows how to make money from Adsense with niche sites:

3. Make money by teaching people something in which you have expertise

Chandoo is an entrepreneur from India who made millions of dollars teaching excel to people online.

The internet has changed the way how people learn.

Everyday more and more people are searching the web to learn about the things they’re interested in.

If you’re good at something and there are people who want to learn it, you can make money by teaching them.

This is the 3 step process:

1. Start a website on a topic
2. Establish yourself as an expert on the topic (by posting articles for free)
3. Create an ‘Information Product’ like an ebook and sell it on your website. The ebook should contain information which people are eager to know.

You’ll be making money each time someone buys your book.

This is the basic overview of ways through which you can make money through your website.

Was this guide helpful to you? If you have any doubts or suggestions, please share it in the comment section below.