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Earning money with a website/blog (using affiliate marketing & ad-sense).
Now let’s look at another way which is even more profitable:
Creating and Selling Information Products
Everyday more and more people are searching the web to learn about the things they want to know.
If you’re good at something and there are people who want to learn it, you can make money by teaching them.
Ask yourself this question:
What is the special knowledge, skill or experience that you have gained (which other people might find useful)?
Let’s say, you’ve cleared a difficult exam and you’ve got tips you can share with other students to help them clear the same exam.
You can write all the information in a word document, turn it into a pdf and sell it online. It is highly likely that there will be others wanting to know, how to clear the exam easily.
Some more examples are: How to Travel India in a shoe-string budget, Photography Lessons, etc.
This is how it works:
Start a website on a small topic.
Establish yourself as an expert on the topic (by posting articles for free).
This will help you gain an audience, before you start selling your product.
Create an ‘Information Product’ (which provides a solution to their pain) like an eBook and sell it on your website. The eBook should contain information which people are eager to know.
You’ll be making money each time someone buys your book.
The entire purchase process can be automated so that once the payment is done, the eBook (pdf) is delivered automatically to the buyer’s email address.
This means you just have to work once & keep getting paid every-time someone buys your eBook.
Important thing to note is:
Instead of building a solution for everyone, find a very specific market i.e. A group of people with specific pains, problems, and needs that you can provide a solution for.
When you’re targeting a small market, you’ll face less competition and it’s easier to stand out and be remembered.
So, this is how you can create & sell your own products online. You can create your own website or blog with this guide.