Way No: 1 - Starting A YouTube Channel
Starting a Youtube channel is the simplest way of making
money online and needs no investment. YouTube gets almost 5 billion video views
per day which proves its power on the internet.
Felix Kjellberg, the owner of PewDiePie (a YouTube account),
has earned 12 million dollars in 2015 by running a single YouTube channel.
You too can see such success if you capitalize on the
opportunity that YouTube provides us currently.
Suitable For - People who love to create videos, like to talk in front of a camera, shoot documentaries or short films.
Skills Required - Ability to create a video using software tools or record a video using your mobile phone or camcorder.
Time Required For Starting A YouTube Channel - Virtually you can start within minutes. You'll have to visit YouTube.com, create a channel and upload videos.
1. Create a YouTube channel around a specific Niche
such as Humor, Tutorial, Recipe, etc. Don’t just go out create any random
unrelated videos channel. For e.g. If you love gadgets you can create a gadget
reviews channel where you can post review videos of the latest gadgets and help
people to decide whether it's a right choice for them.
2. Select a theme in which you're really interested.
Analyze other videos related to your topic, see how many views those videos
get.
It will help you to get an overview of how many people are
interested in your theme.
3. Generally more the views more beneficial the Niche
is, As more people are searching for it.
4. Check out if there’s any missing concept in the
currently existing videos related to your Niche. You can cover these concepts
in your videos to fetch more views.
5. Give your best to engage with your audience. Study
comments people leave on your videos, learn the hidden expectations that
your audience has from you.
6. Try to find out what they like about your videos
and what they don't. Study which videos get the highest retention rate and find
the reasons behind them.
7. Spy on your competitors and try to model the
things that are working for them. But never try to copy them, always maintain
your uniqueness.
8. Always try to improvise each new video from the
last one. So when you look at your first videos after few years, you should
think aww how bad I was earlier. That's a good sign; it shows that you've
improved.
9. Experiment, experiment and experiment Never fear
to try something new and see how it works. Experiments are the only way where
you can find new and exciting stuff which can catapult you way ahead of your
competitors.
10. Finally, try to collaborate with other YouTuber's
who are doing similar work. Learn their strategies and mindset. Working
together can do wonders for your channel.
11. Have fun. Do the things that you love and enjoy
your life.
How To Monetize -
The general rule for monetization in YouTube is very simple.
More views your videos get, more money you’ll earn. You’ll just have to enable
the monetize option in your YouTube channel settings.
It's very simple.
Way No 2 - Start A Blog
Being a blogger is one of
the easiest ways to earn money from home.
Unlike any other job, if you
are blogging from home. You don’t need to work 9-5. You can work at any time of
the day with ease.
But beware blogging takes time before it starts making money for you. So I suggest you jump into this field slowly. If you have a day job, don’t quit it. Start part-time with your blog.
Once it is on the stage
where it is earning you more than your comfortable limits then it’s the best
time to turn into full-time blogging mode.
Suitable For - People who love to write and would like to share their knowledge and expertise with the world.
Skills Required -
Ability to express knowledge
in writing with simpler yet effective way.
Time Required For Starting A
Blog -
The time required depends
upon your level of expertise if you are an expert you can easily start a blog
within few hours.
For a complete beginner, a
day or two would be sufficient to be ready with the basic setup.
Tips -
1. Start a blog about something in which you are really
good at. For e.g. If you love traveling and you have traveled a lot of places
then start a travel blog.
2. Always try to limit your blog to a particular
domain. Don’t put content about multiple domains in one blog.
For e.g. Writing about recipe tips on a fashion blog.
For e.g. Writing about recipe tips on a fashion blog.
Keep your blog specific to
one domain only.
3. Using your experience and expertise, try to create a
very unique and phenomenal content.
4. Try to give a lot of value to your readers. Write
about something that will make a difference in your reader's’ life.
5. Listen to the readers of your blog. Try to solve the
problems they are facing. Always reply to their comments. Make them feel
better.
6. Be committed to your blog. A blog is like a
relationship. Give it some love and it will flourish. Ignore it and it will die
a death.
There’s no point in being
half-hearted in your blogging efforts - if you don’t care about it, why should
anyone else?
7. Think about content, style, tone of voice, audience,
etc.
Look at the people who
already do what you’re planning to do then ask yourself the following
questions:
- How will I stand out from the crowd?
- What can I say that hasn’t already been said?
- What’s my unique selling point?
- Why do I want to do this?
8. Be professional in the way you handle and grow your
blog.
Don’t criticize other
brands, bloggers or people. Remember what goes around comes around.
You don’t want something
you’ve said to come back and bite you one day.
9. Be open minded and willing to collaborate with
other creatives. You’ll meet some fantastic and awe-inspiring people.
How To Monetize -
You can monetize your blog
by recommending products or services related to your blog’s topic either by
writing an informative article or placing banner ads on your blog’s relevant
pages.
You can earn handsome
commissions when a person buys a product recommended by you.
Another way is you can place
Google Adsense ads on your blog more clicks you get on your ads more money you
will make.
Way No 3 - Do Affiliate Marketing
What is Affiliate Marketing?
Affiliate marketing is a
type of performance-based marketing in which a business rewards a certain
percentage of commission for each product bought by the customers who are
brought by the affiliate's own marketing efforts.
Suitable For -
People who love to talk,
write, explain and have the ability to persuade.
Skills Required -
Ability to promote product
online using social media, videos, ads etc.
Time Required For Starting
Affiliate Marketing -
Virtually within an hour.
You just need to select an online product that pays you a commission when you
promote and sell it using your affiliate link.
Tips -
1. Select an online product from the domain in which
you are well conversant with. For example, if you are a dietician then select a
product related to diet.
There are lots of products
available in every domain you just need to find a domain which is suitable for
you.
2. Places to find products: Clickbank.com,
Shareasale.com, Jvzoo.com. These websites have thousands of products listed
from multiple domains.
3. Choose a product that pays you at least 50%
commission on each sale.
4. Most product websites handle affiliate link
generation and payouts so you don’t need to worry about how you’ll get your
commissions.
Just get your custom
affiliate link created by the vendor and start promoting it.
5. If you want to earn instant money from affiliate marketing try to promote your affiliate link on social sites such as Facebook, Twitter, Digg, StumbleUpon, and Reddit.
How To Monetize -
Monetization is simple, just
make more people to buy the product through your affiliate link.
Create a Facebook page or
Banner ads with the aim of promoting the product.
Tell people how the product
will help them to solve their problems.
Improve people’s knowledge
about the domain and help them to solve other related problems.
Way No 4 - Create Niche Websites
What is Niche Website?
Niche Website is a small
website focused on one particular topic which shares all the information
relevant to the topic that is both useful and interesting for the target
audience.
A niche website can be of
few pages or even of hundreds of pages depending upon the size of the niche.
Suitable For -
1. People who have an interest in a very specific topic
within a large domain.
For e.g. In large a domain
like Yoga, you can choose specific sub-domain such as ‘Yoga to lose
weight.’
2. People who love to talk, write, explain and have the ability to persuade.
Skills Required -
1. Ability to create Niche website based on specific sub-domain using Wordpress, Blogger or other available software and tools.
2. Ability to promote niche website using social media, ads etc.
Time Required For Starting A
Niche Website -
You can start a Niche
Website within a day. But creating a good content for the website might take
time.
Tips -
1. Write out as many niche site ideas as you can, using
the sub-domain that interests you the most.
2. Narrow down your niche idea based on finding the answers
to the following questions:
- What is the audience size of your niche?
- Is your audience known for spending money for purchasing the niche related products?
- Are there multiple products available which you review on your site?
- Are there affiliate programs that provide more than 50% commissions?
- What is your investment budget?
3. Create at least 10 articles of rich content
containing 1000 words, those articles will provide great value to your niche
targeted audience.
4. Sign up for at least 2 affiliate programs that offer
products related to your niche with more than 50% commissions.
5. Do keyword research and find at least 15-20 niche
relevant search terms and try to rank your site for them.
6. Try to network with the owners of the authority
blogs in your niche and find guest blogging opportunities.
How To Monetize -
Promote the products
relevant to the topic of your niche website by placing affiliate links in the
content and sidebar of your site.
Try to get more visitors to
your site by doing SEO, forum marketing, social media and paid ads.
More people visit your niche
site and buy products through your affiliate link, more money you make.
How about creating 10 more
Niche Websites with every site generating $500 a month in affiliate commission
that would be $5000 of passive income per month.
Way No 5 - Publish A Kindle eBook
Publishing an Kindle eBook
is another simple way of generating consistent passive income.
Did you know that Amazon.com
is the biggest competitor to Google than any other search engine like Yahoo or
Bing?
More shoppers try to search
a product on Amazon than on any traditional search engine.
When people want in-depth
information on a specific topic, they don’t search for blog posts on Google but
instead try to find a highly recommended book on Amazon.
Your aim should be to leverage the
power of Amazon.com’s growing outreach and popularity to generate a stable
passive income source.
Suitable For -
People who have in-depth knowledge
on a certain topic or love to do research and explain it in an easily
understood from.
Skills Required -
1. Ability to provide detailed insights on a particular
topic.
2. Ability to provide some extraordinary tips for
solving people’s problems.
Time Required For Creating
An eBook -
The time required completely
depends on the creator of the eBook. What topics he/she wants to cover? How
many details does the creator want to include?
These are the important
factors that define the time required.
Tips -
1. Research, research and research. It is the key to
successful Kindle eBook product.
Research about what people
are looking for in the domain related to your eBook's topic.
For example, if you are
creating an eBook on ‘Yoga exercises to lose weight' look for how many people
are looking for yoga exercises to lose weight on the internet and Amazon? What
are their expectations from a book?
You can easily conduct this
research by studying the comments, reviews and popularity of the existing
competitor's books on Amazon.
2. Write for one reader. When you know your ideal
reader, you know how much he/she already knows.
You can avoid boring him/her
with obvious information, and you can provide exactly the information he/she’s
looking for.
3. Check out how many people are asking questions on
the topic you have chosen, using websites such as Quora, Yahoo Answers, and
WikiAnswers.
More questions mean more
people are looking for answers and that’s a good sign.
5. Look out for the market gaps in your selected
domain. And see whether there’s demand for some topic, see whether your eBook
can cater that demand.
6. Visit Amazon.com and see how many books are present
in your selected domain. Are people buying those books?
This will help you to
understand the demand and purchasing ability of the market in your domain.
7. Find a few friendly readers who match your ideal
reader profile and give them your first draft.
Not only will they help make
your book better, it will also boost your confidence.
How To Monetize -
Sign up to Kindle Direct
Publishing Program, with this you award exclusive distribution rights for your
Kindle eBook to Amazon.
This will allow you to sell
your eBook in all the countries where Amazon.com is available giving it a
massive exposure at launch.
Create a small niche site on
the related topic and promote your eBook through it. The more eBooks you sell
the more money you make.
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2 comments
Nice Article
tnx bro
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