Making Money Online – Finding Your Niche

by Scott | 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.  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.  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.