Yes, you can build a money making website in 5 steps.
The problem is, would the steps be simple and easy to apply?
Most of the articles online that teach how to start online business with a website are too generic.
There is no definite action step – and this can confuse people who want to market online.
I feel a strong urge to share this article with you. Because my website makes at least $2000 every single month.
I started marketing because I was tired of the 9-5 day job.
I just wanted a better way to work on my own terms and still have enough time for my lovely family.
Internet marketing was my saving grace and I encourage you to read this post from start to finish.
Let’s quickly look at the 5 steps to build a money making website. Are you ready to learn?
1. Study a lucrative market
Before you can build a website, you need to study it critically. The niche you decide on must be lucrative, hot and evergreen.
In order words, doing business online is about long term benefits, not really what you can get today. Instant gratification is good; it can motivate you to keep going forward, but the main concern is sustaining the profit.
A lucrative market gives you the opportunity to make money now, while building a strong business for the future. Don’t just dabble into a market because of the monetary gains. Take your time to conduct a market research first.
Ask people what they desperately want to buy and you’ll have a winner. Always build a website in a lucrative niche. It doesn’t have to be your hobby. Any niche that is flexible is good, providing you can outsource efficiently.
2. Keyword research, domain name and web hosting
I like to discuss the three-cord elements which are keyword research, domain name registration and web hosting. After studying your market, use Google keyword tool to extract the terms your target audience is using to search for you.
The rule of thumb is to find keywords with less than 500K competing web pages in Google, and over 1000 searches globally.
If you’re just starting out online, high competition can drown your efforts and make it seem as if you’re wasting time. If I were you, I’d target long-tail keywords.
Register your domain name; get a web hosting plan from a reliable company. The company must be able to deliver an uptime of about 98%. A lower uptime rate can’t suffice.
3. Start a website using wordpress
I’ve written so many articles on how to build a website using wordpress CMS (content marketing system). It’s damn easy and you can get a blog/site up and running within 30 minutes.
Gone are the days when you’ve to code, write scripts and be savvy at programming to be able to get a website. In fact, being a programmer can have its downside now, because you’d tend to trust in your abilities, neglecting an easy system that everyone is using – wordpress.
When you install the wordpress software, you can easily add new content, add plugins, customize your theme and make your website a one-stop avenue for target audience.
4. Monetize your website
I strongly believe that before you can make money online from your website, you must monetize first. So many bloggers and website owners complain that they’re not making enough money, and when I check their blogs, phew, they aren’t offering anything for sale.
The quickest way to destroy your chances of making money online is to ignore monetization. It doesn’t matter how old your website/blog is, you need to monetize it. Affiliate marketing, selling your own product and networking are great ways to monetize and profit.
One more thing, don’t send traffic to a website that has no form of monetization. It’d be a waste of time. At least, the traffic that comes to your website should be exposed to some form of product, even if they don’t buy right away.
5. Start driving traffic to the website
I talked about website traffic earlier, because it’s the lifeblood of your online marketing website. Once you monetize your website, the next stage is traffic generation. I started sending traffic to my site even without any form of monetization. You know why?
I was building an email list. Email marketing can transform your business, build a strong business relationship with the right people and suck in cool dollars when you send offers to your list members.
The best ways to drive traffic to a website are blogging, guest blogging, search engine optimization, social media (twitter, facebook, stumbleupon and so on), forum marketing and pay per click advertising.
Take action now
There you’ve it, the top 5 steps to build a money making website from scratch. Did you enjoy this post? Please share your opinion below. See you at the top!