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7 Steps To A Money Making Website
ave you been considering are doing something that you are
setting up your own website passionate about. This way it
to make money on the won't feel like you are doing a
internet? Perhaps you already job when you start spending time
have a business or a business on this. Don't worry too much
idea and want your own presence about a product at this point,
on the web. Or maybe you just just think about the things you
know that you want to make money like to do - perhaps you like
on the internet but have no idea cooking, or playing football, or
what is involved. foreign travel. Try to write down
at least 5 things that you enjoy.
To give you an idea of what is
involved I will outline the 7 Step 2 - Research your Market and
steps you need to take to set up Analyse the Competition
your own money making website.
This will give you the basics of Once you have completed step 1,
what is involved and allow you to you need to find out if there is
do further research and make a market in the areas that you
progress in each of these seven are interested in. At the same
areas. time you may want to avoid
entering a market that is highly
Step 1 - Your business idea competitive. From my experience
the best way to analyse this is
If you already have a business or by using a tool called
a business idea, you can skip Wordtracker. You can try this for
this step. If not, then spend free at
some time writing a list of all http://www.homebiz-direct.com/wor
the things that interest you. The dtracker.html Note that the trial
chances of succeeding in your new version is a cut down version of
business are far greater if you the much more powerful full
version and only includes above 400, then you have an
statistics from one search engine excellent chance of success.
rather than multiple engines.
Ensure that you spend sufficient
Use this software as a time in this planning phase,
brainstorming tool and type in repeating the above process again
your interests that you came up and again until you have a good
with in step 1 (or your original set of related keywords with good
business idea). Wordtracker will KEIs. Once you have chosen your
return related keywords, which keywords you should check out
you can then select and add to your competition by typing the
your "basket". At this stage it keywords into Google and looking
is best to keep an open mind and at top websites for each keyword
fill your basket with around 1000 phrase that you have selected.
keyword phrases. Finally you can The Google and Alexa toolbars can
do a "competitive analysis" on help you with your analysis of
the keywords that you have competing websites
chosen. This will allow you to
see how many searches a day are Step 3 - Choose a Product
done on a per search engine basis
for each keyword phrase. If you don't already have a
product in mind, the next step is
In addition to this you will also to decide on your product or
see the number of competing group of products. Before you do
websites and a value called a this, try to do some research and
"KEI" which is a "Keyword find out exactly what your
Effectiveness Index". You have a potential customers are looking
better chance of succeeding if for. What sort of questions are
you choose keywords that have a they asking? Google Groups are an
KEI above 100. If the KEI is excellent place for doing this
sort of research. will make based on the estimated
traffic from Wordtracker.
One solution is to join some
affiliate programs (related to Step 4 - Choose and Register a
your chosen keywords of course). Domain name
Affiliate programs are usually
free to join and pay you a The next stage is to decide on
commission for directing and register a domain name. There
customers from your site via a are many websites selling domain
special affiliate link. You can names and you should be able to
find a lot of information about get one easily for less than $10
affiliate programs by searching per year. There is no need to
for "Affiliate Programs" on sign up for a domain name with
Google. your web hosting company if they
are charging more than this as
Another alternative is to sell domain names can be transferred
your own product. This could be easily between hosting companies.
something that you have made
yourself such as a craft item or Try to choose a domain name that
an informative e-book, or a has some of your keywords in it.
product that you dispatch using a It's also an advantage to have a
drop shipping service. It is also name that is relatively short and
possible to buy resell rights to easy to remember.
e-books and software written by
other people. Step 5 - Find a Web Hosting
Company
Before you make a final decision,
work out what your profit margin There are hundreds of web hosting
will be and do a rough companies available. Some even
calculation of how much money you provide hosting for free. I
advise against using the free and dive straight into this part,
services if you are setting up a but your chances of success are
business, as this can look much higher if you spend time on
unprofessional, especially since the research part first.
most of them use advertising on
your site as a way to recoup the Depending on your knowledge and
cost. This is fine for a personal experience in this area you may
website, but if you are serious decide to do this yourself, or
about making money you need to pay for a web designer to do this
choose a reputable web hosting for you. If you are doing it
company. yourself, it helps to know HTML,
but there are also many web page
Ensure that you are happy with editors such as Front Page and
the disk space and bandwidth Dreamweaver which you can use to
allowances that your hosting construct your website with
company provides. Other things to little or no knowledge of HTML.
consider are the customer support
services, reliability in terms of Try to ensure that your site is
the percentage of down time clean, uncluttered and easy to
expected and the interface for navigate and that it looks
uploading files. There are many professional. Have someone
websites that offer reviews and proofread your copy to ensure
comparisons of different hosting that there are no mistakes. Also
packages. ensure that you use your keywords
from your Wordtracker research in
Step 6 - Build your Website the title of your page, the
headings and throughout your
At last, you are now ready to copy. Use one or two of your
start building your website. Many chosen keyword phrases per page
people skip the research stage and don't overdo the use of your
keywords as search engines may Overture, classified and solo
consider this as SPAM. ads, participating in discussion
forums that allow a signature in
Step 7 - Market your Website your postings and advertising on
related (but not competing)
Finally you need to market your websites.
webpage. It is simply not true
that you can just build a website These 7 steps take time and
and wait for visitors to come effort, but if you do your
without doing any form of research and persevere you are
internet marketing. likely to see excellent results.
Internet marketing is a huge Don't forget, that once you have
topic, out with the scope of this been through this process once,
article. The sort of techniques you can repeat it again and again
that you may want to consider until you have multiple websites
include reciprocal linking, making an income for you while
writing and publishing articles, you sleep, or relax on the beach!
pay per click (PPC) advertising
such as Google Adwords and
About the Author:
Suzanne Morrison is the webmaster of http://www.homebiz-direct.com She recommends a Plugin Profit site - http://www.homebiz-direct.com/pluginprofitsite.html forthose who want to get started quickly
Read more articles by: Suzanne Morrison
Article Source: www.iSnare.com
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