For obvious reasons many online marketers keep their most successful methods for making money online to themselves. Although I’m also guilty of this to a certain extent I also get great satisfaction from helping others to succeed. So I’m now going to reveal one of the best methods that I know of for generating income online.
It doesn’t matter whether you are a newbie or an experienced online marketer. This method is suitable for all. You don’t need to be an expert web designer or technical expert. A domain name and some basic webdesign skills are all that you need.
The key to this method is that you don’t need to spend hours and hours coming up with new concepts and ideas. In fact it revolves around duplicating the successful methods developed by others. I don’t of course mean copying content or breach of copyright. I mean duplicating strategies.
The first thing to do is to go to an online marketplace called sitepoint.com which is a website that other webmasters use to auction off and sell their existing sites. There’s loads of websites for sale on here ranging from hundreds of dollars to thousands of dollars. Have a look through the sites that are listed for sale and find one that produces a reasonable income that’s not overly complex. A blog or content site would be great.
Once you’ve found a site with good potential click on the link listed in the marketplace to find out a bit more about it. You should be looking out for the subject matter or niche, how the site generates income, what the monthly revenue is, how the site has been advertised to webusers to generate traffic, what the monthly traffic is and how big it is (i.e. number of posts and pages). What you then need to establish is whether is this a website that you could duplicate. I dont’ of course mean create an exact copy. What I mean is could you create a comparable site and adopt the same strategies? If the answer is yes then read on. If not that go back to the marketplace and check out other options.
Once you have found a site suitable site go onto Yahoo Site Explorer. Enter the URL and establish how many backlinks there are to the site. Also review the backlinks to establish what promotional methods the owner has used (article marketing, blog comments, free ads etc.). Next go onto a free site called compete.com and establish what the top 5 organic keywords are for the site.
And that’s it, you’re done. You have found a successful site and identified a profitable niche bringing in a good income that you can recreate. You know how much traffic is created, the methods used to generate traffic and the top keywords to focus on. You know how much content is needed to rank well in the search engines and how many backlinks you will require. Duplicate the methods and strageties used by the existing owner and with time you will build up to the same income. Rinse and repeat to build up multiple streams of online income.
Anyway, this method works. Give it a try and I promise that you will be stunned by the results. So what are you waiting for?
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