Making Money Online – Finding Your Niche

Making Money Online – Finding Your Niche

by | Nov 22, 2016 | Making Money

Making Money Online

One of the first topics that needs to be covered is what it takes to start making money online.  There are many, many different ways to make money.  The most profitable ways are having a million visitors or a hot product, but not many of us have that.  So what are the most profitable ways for a newbie to make money online?  I’ll cover three different potential money-makers:

  1. Operating a niche website – examples are narrowly focused blogs that cater to a specific market or product line.  A blog on knitting cat sweaters or a website dedicated to increasing public transportation are niche website ideas that are a good starting point.
  2. Selling a self-developed product – are you a craft brewer or an expert in scrapbooking?  Selling a self-developed product that you already know how to produce is a great way to start making money online.  You already know your material costs, your target market, and your output capacity, so you can spend more time on building an online brand.
  3. Offering coaching/training services – another great way to start making money online is to offer your coaching or training services to others on your website.  You can start by recording an introductory video with an overview of what your full coursework involves.  If you are an expert in your field, it will not be hard to produce enough content to keep your eager-to-learn customers happy.

But simply talking about these ideas is not enough to get started.  In this article, I’ll give you examples of these ideas so that you can begin exploring ways that you can start making money online.

Operating a Niche Website

Julie, who has Celiac disease, operates GlutenFreeJulie.com, a niche website dedicated to gluten-free eating and managing her illness.  This is a WordPress blog with a few plugins to make social media sharing and SEO easier to manage.Gluten Free Julie Logo - Making Money Online  These are both important features to have in your niche blog.  Getting started with a niche blog is easy, and web hosting fees are minimal today, so you can be up and running in minutes.  Julie earns revenue on her ads as well as affiliate marketing links in her blog posts.  This is a great way to get started making money online.

Selling a Self-Developed Product

Imagine you’re a talented seamstress who stitches soft, cuddly blankets for newborns in your family, but you’ve always wanted to offer your well-loved blankets to the public.  That’s exactly what Julie at CuddleMax did with her blanket designs.CuddleMax Logo - Making Money Online  This is an example of an online store that’s selling a self-developed product  – handmade gifts.  In her blog, she talks about her designs and what made her decide to offer her blankets to the public.  Through social media marketing, local craft fairs and placing strategic online ads, Julie enjoys a thriving business with her self-developed products and turned it into a a solid example of making money online.

Offering Coaching/Training Services

There are many examples of coaching and training online, from helping you troubleshoot problems with your car to showing you how to play Jimi Hendrix on the guitar.  Building a website around your talents will help you build the credibility you need to sell that knowledge to others.

So as you can see, getting started with a website is not incredibly difficult.  But if you still need help, reach out to qualified professionals like Foothill Creative to help you get the job done quickly and efficiently so you can start making money online.

Welcome to TimeWealthSpent.com (Starting from Scratch)

Welcome to TimeWealthSpent.com (Starting from Scratch)

by | Nov 18, 2016 | Everything Else

Welcome to TimeWealthSpent.com.  This website is a brain-dump of all of my experience in making money online and business in general, all with a focus on having time to yourself.  The biggest challenge a young entrepreneur faces is having enough time to themselves to do the things that make life worth living.  If your life is all about making money, it’s not a very wealthy one.

Scott in Yosemite - Time Wealth Spent

Taken in Yosemite National Park while hiking on our honeymoon.

I started making money online back in the late 90s, running a pretty successful eBay business selling computer equipment, electronics, car parts and musical instruments.  It was one of multiple sources of income, so it worked out well.  I also worked a retail job selling appliances, computers and electronics.  That helped me score side jobs doing custom computer/network builds, providing on-site training and repairs.  Although I did not have much free time, I made large sums of money for a teenager and used it for college expenses and travel.

By 2000, the tech bubble burst and with it, much of the retail and side income that was flowing.  I focused on selling through eBay and began developing software applications to supplement my online income.  It was then I began learning about affiliate marketing and incorporating it into my websites.  Quality content, coupled with other paid ads, drove traffic to the sites and began building revenue.  The sky was the limit.

Over the years, I’ve developed many money-making websites using these tools, and I’d like to help teach you how to make money using the same methods.  It’s not a get-rich-quick scheme or something that will make you money overnight, but with focus and determination, you too will be making money on your website.

The primary focus on this website is maximizing earning potential while minimizing the time required.  Everything from earning money online to managing that money, setting goals, solving problems, planning for retirement, buying/selling real estate and anything else that makes money.

Read, enjoy, and join the conversation.

 

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