4 Ways To Make Real Money In 2016 and Beyond!
Let’s now look at some methods to make real money online. Take note that while you may want to try out all these methods, it’s recommended to focus on one or two and gain the required expertise before embracing the next method.
1 – Become an online Coach:
If you are an expert in your industry, one of the ways to add to your income stream is to set up a coaching program online. Technological growth has made it impressively easy to create membership sites where you can offer your coaching programs and be paid.
There is a huge dose of contradictory information in every industry out on the web, and many people want experts to help point them to the right path. Whether you are a Fashion expert, fitness expert, pet expert, finance expert, relationship expert, etc., in today’s information age, you can do well establishing yourself as a go-to person in your industry.
One of the problems folks face today is being able to create professional membership sites without hurting their savings.
For most coaching programs, videos are a most. That’s why you need a video distribution platform that’s cost effective, having all the features you need for both free and paid coaching programs. You can use online services such as Udemy to launch your online course. For WordPress, you should look at membership software’s & plugins to launch your course. One of them is MemberPress which is a popular solution for launching your video based membership site.
2 – Affiliate Marketing:
Affiliate Marketing is by far the best way for anyone to make money online. It doesn’t require you creating any products or dealing with delivery or customer service.
The product owner does all the hard work (before and after sales), and all you do is drive traffic to it and earn commissions from sales. In most cases, the author goes as far as providing the promotions materials (banners, PPC Keywords, Articles, etc.) for affiliates to simply copy and paste.
Though this seems to be a quick way to make a penny, it’s rather very tricky and requires some skills. Some traditional ways of doing affiliate marketing have lost their momentum. Doing Article Marketing or posting banners on your site (for instance) may not generate required results.
3 – Release a digital product:
The first thing that comes to my mind when setting up a blog is getting a good domain name. In this article, I have described why I think it is important to choose a good domain name upfront. I have also explained how you can pick a good domain name for your blog or website followed by some domain name picking tips and general outlines (“dos” and “don’t s”).
Why pick a good domain name for your blog
Apart from many other reasons, you want to pick a good domain name for your blog/site from the start, because most likely you will be stuck with that domain name for the rest of the blog’s life. You may change the domain hosting provider from time to time depending on how reliable your current domain hosting provider is but the domain name will remain the same.
The reason I say that you will be stuck with that name is mainly because changing the domain name is kind of like starting all over again from the start and you don’t want to do that once your site is established and getting regular traffic and you have built up a brand. You will start with ‘0’ Google Page rank and will have to work your way up again if you do change the domain name in the middle. The Alexa rank and other ranking metrics will drop too because all these rankings are associated with the domain name. So the bottom line is that you want to pick a good domain name that you can live with from the start. Now, the question is how?
How to pick a good domain name for your blog
I don’t think that there are any hard rules as to how a domain name should be picked, so use the following points as a guideline for choosing your domain name:
- Use Keywords: Use keywords in the domain name that describe your site (if it makes sense). The domain name should suggest the nature of your product or service. A good domain name describes exactly what the site is about. It is important for a visitor to get an idea of what the website is about just by looking at the domain name. For example, if your site is about antiques and collectibles then try to get a domain name like “www.antiques.com” or “www.collectibles”.com not “www.foobar.com”.
- Easy to remember: A domain name should be easy to remember becuase your visitors will want to type in the domain name in the web browser for revisits and if they can’t remember the domain name then you run the risk of losing potential traffic. It is also easier to spread the word of mouth when the domain name is easy to remember.
- Keep the domain name short: A domain name should be short with less than 10 characters. It also helps the “Easy to remember” point when the name is short. Although, these days it’s incredibly hard to get domain names that are short. Basically you don’t want to end up with a super long domain name like “www.thisisareallybadexampleofdomainname.com”. When the name gets too long it gets confusing and the name can be easily mistyped in the browser.
- Use hyphens if needed: Use hyphen (-) in between the words if needed for your domain name. If “www.domainname.com” is taken then you can try “www.domain-name.com”. Using hyphen(s) in between the words sometimes help to improve readability. It can also help in the Search engine rankings.
- Make it easy to type: Try to get a domain name that is easy to type (if you can). Easy to type domain names are good for branding.
- Think Local: If your business is local then think about adding your region, city or state in the domain name (example: VegasAccounting.com). Only do it if it makes sense though.
- Domain name extension: Try to get the “.com” Top Level Domain (TLD) extension as it is the most popular. It is also the most widely accepted domain name extension. When people think about an website, their mind automatically pictures “domain-name.com” as the address. You can also use the “.net” and “.org” extensions if you cannot find a “.com” extension.