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Sunday, 15 January 2012

10 Ways To Generate A Steady Income Online Part Four


#6 – TAG and Ping Your Way to Riches

Can you turn mere words into a steady revenue stream online– without actually selling those words as an ebook or other information product? You bet you can!

Namely, by blogging!

Here’s the idea:

You set up a niche blog that’s of interest to a very specific audience. Then you monetize your blog in one or more of the following ways:

• By promoting your own products to the people who visit your blog weekly or even daily.

• By promoting affiliate products (i.e., other people’s products).

• By promoting CPA (cost per action) offers, where you get a commission every time your visitors perform a specific action such as filling out a form

• By using Google AdWords, where you make money every time someone merely clicks on an ad on your site.

• By asking for and accepting donations on your blog. (Don’t discount this tactic – there are several well-known bloggers who make over $100,000 per year almost entirely through donations.)

So, how do you go about starting a blog that can bring you $10,000 per month? Here’s an overview of the simple yet lucrative process:

1. First, choose a hungry niche.

They should not only be hungry for information (so that they’ll read your blog), but they should also be willing and eager to put money down to solve their problems or otherwise improve their lives.

Figure out what they’re already buying (which will help you decide how to monetize your blog).

2. Second, research the competition.

Visit the busy, popular and profitable blogs in your niche to find out what makes them so popular and busy. Then figure out how to set your blog apart and make it better.

3. Next, buy a domain at NameCheap, GoDaddy or elsewhere that reflects the topic of your blog.

4. Fourth, go to WordPress.org and download the latest version of the blogging software. Install and customize it.

5. Next, start blogging! Populate your blog initially with about ten posts, just so your early visitors get the impression that you have a popular blog with good content.

Then commit to updating your blog at least two or three times per week. If suitable, you may even want to update it daily.

Quick Tip: You don’t have to sit by your blog every day and manually update it. You can pre-load content and “drip” it to your readers on a pre-set schedule.

You can do this by either loading up the content and setting it for a future posting date, or by purchasing autoblogging software that does all the work for you.

Here’s what else you need to know to start driving traffic and making money:

• Optimize your posts for the search engines by creating articles around specific keywords. You may use WordTracker or any keyword tool to find out what niche keywords your market is already searching for.

• “Tag” each of your posts using relevant keywords. WordPress allows you to add tags (keywords) automatically when you’re posting your articles. You can also use your keywords as your category titles.

• Ping the blog directories as necessary so that they crawl your site whenever you make a new post. If you’re using WordPress, it pings the directories automatically. Otherwise, you can use a service like pingoat.com.

• Finally, you need to create content that gets people coming back to your site again and again. You may create posts such as:

• “Top ten” lists. Create several useful top ten lists, and your blog will become the “go to” place for niche-specific information.

For example, a weight loss site might list the top ten diets, the top ten weight loss supplements, the top ten exercises, the top ten fat-burning foods and so on.

• Product reviews in your niche. Be sure to list the product flaws as well as the good points, as absolute honesty fosters trust… and sales! Be sure to use your affiliate link.

• Controversial articles that go viral. Don’t be afraid to polarize your audience. You may repel some people, but you’ll draw your target market closer to you.

• Highly useful content (the type of content that others are selling).

• Strong opinion articles (which can often create a buzz). Go ahead and get passionate while taking a strong stand.

• Articles that join conversations already going on in your niche. If you take a different viewpoint or form a strong opinion, people will migrate to your blog just because you’re offering something different.

• Answers to frequently asked questions. (Just visit blogs in your niche to see what sorts of questions people are regularly asking.)

• And anything that sets your blog posts apart and gets people talking and linking to your blog.

For more information about how to turn a simple blog into a thriving, profitable business, click here.

#7 – TRANSFORM Your Digital Products into Physical Products

If you’re already selling ebooks or other downloadable information products, then you know just how lucrative it can be to turn your words into cash. Indeed, selling ebooks is just one path to $10,000 per month. Here’s another:

Start selling your digital products as physical products… and pocket a hefty profit!

There are a few good reasons why you should do this:

a. Physical products carry a higher perceived value.

When someone can hold a product in his or her hands, it’s often viewed as having more value than a digital product. In other words, the exact same paper book is valued more than the digital version sitting on their hard drive.

You benefit from this perception because it generally allows you to charge more for the product.

Example: A small ebook package that you charge $100 for could easily become a $500 home study course. The actual printing cost ends up being just a few dollars per book… and you get to pocket the rest as pure profit!

b. Physical products incur fewer refunds.

When people have to actually “work” to get their refund, you’ll find fewer people casually asking for refunds as opposed to the “serial refunders” you’ve likely encountered when selling ebooks.

That’s why print products incur fewer refunds, because customers are required to ship the product back to you. End result: You get to keep more of your profits!

c. Physical products are sometimes viewed as more “respectable,” which elevates your status in your niche.

Finally, offering a physical product almost instantly positions you as an expert in your niche, which fosters trusts and spurs sales.

It doesn’t even matter if you’re self publishing a book – some people have a tendency to view authors of print books as more reputable than ebook authors.

By now it should be fairly clear why you should transform your digital products into physical products. Your next question is, “how?”

Fortunately, plenty of “print on demand” (POD) publishers and fulfillment companies have sprung up to make it easy for you to sell physical products.

Check out Lulu.com, CafePress.com and Disk.com for your printing and fulfillment needs.

Related posts:

10 Ways To Generate A Steady Income Online Part One10 Ways To Generate A Steady Income Online Part Two10 Ways To Generate A Steady Income Online Part ThreeHow To Do Niche Research The Proper Way To Generate A Steady Online IncomeHow To Develop Sniper Sites To Generate An Affiliate Income Online?

View the original article here

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