- In this video, we're going to
be talking about making money online.
I want to share with you some of
my thoughts and experiences on it,
and I hopefully I'm going to inspire you
to be able to go off and start doing your own thing,
and hopefully earn a few coins from the internet.
So let's get started.
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Hello, it's Alex here from WPEagle.
Thanks for watching.
So, I wanna talk about making money
and specifically making money online,
but before I start I wanna just clarify
a few things I'm gonna be talking about.
So, the ideas that I'm gonna give you today
are going to allow you to create some passive income.
And what passive income basically is,
it's money that you get without
selling your time directly if that makes sense.
So when you get a job and you get paid
by the hour you are selling your time.
You know how much you're gonna earn for an hour
and you obviously put those hours in
and you get the equivalent in money back.
Which is fine but obviously it kind of take up your time.
You have to be there.
If you're not working you're not earning
and all that sort of stuff.
The thing with passive income basically is
you work on something and you build something
that then creates you money over and over again.
So a classic example of this is when you build a business
you know, you put your heart and your soul
and everything into a business
over a couple of years and you build up a lovely business
and it's got staff and everything like that.
And it allows you as the owner of the business
to kind of leave it and it just
earns money even when you're not there.
And you obviously go in and tweak it
and adjust it just to keep it on the right track.
But generally, you know, you can go on holiday
for three weeks, four weeks, whatever.
You can come back and your business will still be there
as you left it making you money.
Now with the internet this has given us a great lever
in terms of creating passive income
without having to set up a big business,
without getting loads of staff,
without doing all that wort of stuff.
With the internet you can create some passive income,
and I'm gonna give you a few ideas
in this video on how you can do that.
Now, I've been trying to make money online for many years,
and I've only kind of recently started
to earn some healthy income.
And along that journey that I've been on
I have found out a lot about what you should do,
what you shouldn't do, what works,
what doesn't work and all that sort of stuff.
So that's where I'm coming from with my experience
and hopefully it's going to inspire you
and allow you to go off and do something yourself.
Now on YouTube there's loads of videos
and you may have even seen one
before you watched this video in terms of the ad.
There'll be some guy saying, you know,
you need to sort your life out
and he'll be sitting next to a pool
or on a yacht and have his laptop
and say, you know, you can have
the lifestyle you want, whatever.
And you can but the problem is with these guys
they make it sound so, so easy.
They're just like, you know, buy my eBook,
read this, you're done.
Off you go.
Unfortunately like all things in order to really
make a success of something you are gonna have to invest
some time, possibly a little bit of money,
and plenty of effort, and plenty of dedication.
Making money online is no get rich quick scheme.
It does involve work and effort,
but going back to my previous point.
The difference here is that you're working
on something and building something
that's gonna keep paying you time and time over again.
So, the hours that you're putting in,
you know, you might not get the benefit straight away,
but the idea is that you're gonna build something
as I was saying and it's gonna gonna just keep going,
keep working for you, and keep generating money.
So anyway, let me give you some real world ideas
on the sort of things that you could possibly build
and make on the internet to create you some
of this wonderful passive income.
Now the first thing I wanna talk about
and probably a classic way of making
money online is through advertising.
So basically what this is, is you create a website
maybe a blog, and you write some content,
articles, you add videos, that sort of thing.
And then around that content you add some advertising
and one of the most popular ways
of doing this is with Google AdSense.
Now with Google AdSense and equivalent kind of programs
you get paid when someone looks and clicks on the ads
that are actually on your site or on your social media.
For example, YouTube is linked to AdSense
so those ads that you see when you watch a youtube video,
the ones at the beginning and the ones at the side,
the actual YouTuber who put that video up
gets a share of the revenue from those ads.
So with AdSense and with banner advertising
you don't even need your own website.
You can just do it on a social media platform like YouTube.
So one real world example of this might be
that you're into makeup and helping women and ladies
get the best from their makeup.
So you've got a wonderful blog
and you right loads of articles
and publish loads of videos on your YouTube channel
about makeup, and you're running Google AdSense.
What will happen is Google will show ads related
to makeup and kinda targeted at that demographic
on your blog and on your videos,
and then when someone clicks on the ad
or when they view those ads lots of times
you'll get a small percentage of the revenue from that.
Now the problem with this way of making money
is that it's generally quite small amounts.
So you have to get a lot of clicks on your ads
and you have to get a lot of impressions
to start earning some serious money.
But I've found it's a great way of complimenting
other ways of making money online
which I'm gonna get to very shortly,
and it kind of just ad a little bit of extra on top,
a little bit of beer money if you will.
Now if you're interested in creating a blog
and adding some AdSense ads I've got a video on my channel
which talks about how to do this
step by step so you can start with nothing
and you can get yourself up and running
with a blog, add some AdSense, and then all you need
to do is start adding some content.
So I will put a link up to that video now
and if that's what you're thinking
and you'd like to do that then check out the video
and yeah, good luck with your site.
Another way to make money with AdSense
is to create a viral site which is where
you basically take other people's content,
all the funny stuff or whatever,
you add it to your own website,
and then you point people to your site
in order to access that content.
Could be YouTube videos, whatever.
You can then obviously ad AdSense around that content
on your viral site and earn a bit of money that way.
Now again, I've got the videos on the setting up
a viral site which I will link to now.
Go and check that out if you think that might be interesting
and you maybe don't wanna create much of your own content.
You just wanna search for good content
and share it going forward that might be for you.
The second way of making some money online
is with affiliate marketing, and you've probably
heard of affiliate marketing if you've been doing
any research at all into making money online.
And basically what affiliate marketing is,
the very basic way to explain it is that you
send someone off to another website via one of your links
on your social media or on your website.
When someone makes a purchase from that shop
that they visited via your link you earn a commission.
Now the great thing about affiliate marketing
is that you can earn some really good commissions,
and it obviously depends on the products that you promote.
But say for example, you promote website hosting
and services you can earn up to $65-$70 per signup.
So you'd only really need just to earn one
or two commissions and you're earning reasonable money.
You know, at the end of the day there's a lot
of people in the world that work eight hour, 10 hour day
to earn $65 so if you can do it with one sale
or you know, one bit of commission
you're gonna do quite well.
Now the best way to get into affiliate marketing I find
is to create content where you're maybe reviewing
or recommending products or offering some sort
of value which involves a product on the way.
So, an example of this might be that
if you're into photography for example,
you could have a look at the camera kit
that you've currently got and you could
review everything to do with it,
so the camera the lighting, you know, whatnot.
And then obviously you can link off to those products
on Amazon or wherever your favorite camera shop is.
I'm sure they've probably got an affiliate program,
and then you will earn a commission on that.
And it would be quite easy for you to write about
or create videos about because obviously you're into it
and you've got the kit and all that sort of stuff.
Again, going back to my makeup idea,
maybe you're into makeup and again you could
review certain products, lipsticks,
I don't know, hairspray, whatever.
I'm out of my comfort zone here.
I don't use any of these products,
but if you do then you'll know
what sort of content people like.
And again, this kind of ties in with your AdSense revenue,
going back to point one, on your blog
you could have a nice article about
how to get the best out of your makeup,
and you're obviously recommending certain products
via affiliate links and then around the side
you've got your AdSense earning.
So you can see now it's kind of building up a nice website
where you've got affiliate and you've got AdSense
and they're working together to make you some money.
But again, if you don't have a website
and you don't want a website you could still just do this
on a platform like YouTube which is kind of what I'm doing.
If you watch my videos you'll notice I do recommend products
whenever it's suitable, and obviously a lot of those links
are affiliate links and I earn a commission on that
if you guys take up what I'm recommending.
Now a quick note on that, I find it best
if you recommend stuff that you are into
and that you use and that you're passionate about.
Don't just go recommending products
because they pay a good commission.
You need to have some integrity when you're doing this,
and only recommend good stuff.
Otherwise it's not gonna work for you in the long term.
So, only recommend products and services
that you use yourself and that you think are good.
So if you're looking to get into affiliate marketing
I've got a couple of tutorials on my website
in terms of getting up and running
with a website and whatnot.
If you wanna do kind of product reviews,
that sort of thing, I've got a great video tutorial
on how to create a review site.
So yeah, you just review products
and then you can obviously link through
with your affiliate link and earn some commission.
I will put a link up to that video now.
Another way of doing it is with an Amazon affiliate website
where you basically create your own mini little shop
that's powered by Amazon, and you add lots of content.
Again it could be reviews or articles
and that sort of stuff to promote your website,
and then people can buy products a bit like
when they're on a shopping cart type site.
They can add it to the cart and then
when they go to pay they get sent off
to Amazon and you earn your commission.
So again I will put a link up to that now
so that you can go check that out
and get that up and running.
A third idea for making some passive income
is to create your own product and sell that online.
And you might be thinking, "Create my own product?
"How the heck am I gonna create a product?"
Well, it's actually easier than you think.
So say for example again, going back
to my photography example, you are into photography
and you've taken loads of photos maybe
or some nice photos of some landscapes
or maybe you've even just taken some random photos
of objects maybe like a desk or a pencil
or a microphone, whatever.
You can sell these images as stock photography,
and guys like me and other internet marketers
and web designers and graphic designers,
they need stock stuff.
They need photos and whatnot.
So you can put your photos up on you know, like iStock
or Photodune or there's loads of other marketplaces.
You upload your photos and people buy them
from maybe a few dollars all the way up
to hundreds of dollars depending on the quality
and the size of the photo.
And obviously you get paid a cut of each sale.
So again, it's doing something at once
and then earning many a times off it.
If photography isn't your thing
maybe you're a graphic designer.
So again there's stock places for logos,
for website templates, for flyer templates,
all sorts of things.
So you design something at once
and then you can sell it many, many thousands of times
and earn off that one bit of work.
Not into graphics?
Maybe music's your thing.
You could sell stock music or stock sound effects.
Again, when people are making videos,
like me and other YouTubers, they need music
for their intros and outros, whatever.
So if your good on FruityLoops or GarageBand
or any of those pieces of software
you can sell all that stuff,
again on different marketplaces.
And I'm trying to think of a sound one
and it's on the Envato marketplace.
I'll put a link up.
I can't quite remember what it is off the top of my head,
but there is a couple of places where you can buy sounds.
And indeed, videos.
So, maybe you're into videos.
You can sell stock videos.
You know, little intros, whatever.
Again, people will lap that stuff up,
and you can just create something once
and sell it many times.
Now that concludes today's video.
If you've got any questions please
leave them in the comments below.
Good luck if you are gonna go off
and earn some money online.
I've been getting quite a few different comments recently
from some of my viewers that have watched some
of the videos that I've mentioned in this video
in terms of, you know, setting up websites,
and some of them are already earning four figures a month
with affiliate websites and viral websites
and all that sort of stuff.
So it can be done, but what I'll say,
you need to stick at it.
You need to put some hours in.
You need a bit of dedication, but when you get over
that kind of hill in terms of the money starts to come in
it's great when you're getting your commission earnings
email in the middle of the night
when you're in bed, that sort of stuff.
It's a real great feeling.
So, I wish you the best of luck with your projects,
and I say, I'm here for you if you get stuck.
Please just leave me a question in the comments below
and I will do my best to help you out.
Anyway, that's all for me for now.
See you later.
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