How to Make Money Building Your Own WordPress Website
If you’re looking for an easy way to make money online, you’ve probably heard of the massive Open Source movement that’s currently permeating the web. Most notably, WordPress—a free, open-source content management system (CMS) that powers 27% of the web—has exploded in popularity and is a recommended tool for creating an online store, blog, or whatever else you might want to build.
WordPress’ incredible appeal lies in its versatility: it’s incredibly easy to use, has a huge community, and is completely free. What’s more, WordPress provides you with all the essential tools you need to get up and running in no time at all. To prove it, we’ve compiled a detailed guide on how to make money with WordPress.
The Basics Of Building A Profitable WordPress Website
Before you begin your journey to riches, it’s essential to understand the basics of building a profitable WordPress website. To that end, here’s a crash course on how to make money with WordPress.
The Importance Of Having A Budget
One of the biggest challenges of any sort of entrepreneurship is knowing where your money’s going. When you have a defined budget, it’s much easier to manage your finances and know what’s spendable and what’s not. Without a budget, you’re inviting financial ruin. A great way to start investing in your WordPress website is to set up automated payments via PayPal. This way, even if you decide to take a vacation, you can be certain that your bills will be paid for. This sort of security is invaluable and, perhaps, more importantly, it provides you with the mental freedom to indulge in your passion for travel or creative endeavors without worrying about money.
Find A Niche
WordPress is incredibly flexible and can be used to create a variety of unique and profitable websites. When choosing your niche, bear in mind that a lucrative niche is usually quite competitive. For example, let’s say you’re interested in online marketing and comparing SEO strategies, you’ll likely be pitted against dozens of other competitors in your chosen niche. The perfect way to emerge as the clear leader in your field is to prove that you’re the best at what you do. To achieve excellence, you must focus on delivering a consistent, high-quality experience that impresses your visitors and encourages them to come back for more.
Manage Your Growth
After you’ve established your base on which you build your website, you must then learn to manage your growth. Like any other business, scaling is critical in the early stages of your website’s development. The key to scaling a successful blog or website is learning to utilize the right keywords in your content, ensuring that your blog or website is found when potential visitors type in those keywords. One of the most effective free tools to learn to do this is Google Keyword Planner. With this tool, you can easily find the best keywords as well as analyze the competitive analysis of your chosen keywords. This way, you can easily find the right mix of keywords and ensure that your content is found when potential customers type in those keywords.
Create High-Quality Content
Creating high-quality content is essential to making money online. For websites, web content includes everything from web pages to blogs. Essentially, the more content you have, the more chances of gaining backlinks and attracting potential customers. To make money from blogging, you need to learn several proven ways to attract, engage, and delight your target audience. One way to do this is through affiliate marketing. In affiliate marketing, you’ll be paid for each click or action taken by a potential customer who’s driven by your content to make a purchase. One of the best platforms to build a profitable blog is Amazon Associates. Not only does Amazon offer a free blogging platform, they also provide you with all the essentials you need to get started: a domain name, a free blog hosting plan, and a $5 paid per click program that can be used to drive traffic to your blog.
Curate Product Demonstrations & Guides
As a travel blogger, you’ll likely be more than familiar with the struggle of trying to find the right affiliate products to promote. Demonstrations and guides are awesome tools that allow you to curate products that are relevant to your niche. Through product demonstrations and guides, you can affiliate with virtually any brand or product. Simply find a relevant product that’s already selling well and put together a quick tutorial on how to use it. Once complete, upload your demonstration video to Youtube and add a short blurb with accompanying text that promotes the product.
Why should someone watch your video? Because you’re an expert in your field and they’re interested in learning more about your niche. You’re also promoting a relevant product that you know is going to be of interest to your target audience. As an affiliate marketer, you’ll be able to easily find products to promote and earn a passive income stream from a powerful social media platform.
Make Money With Affiliate Marketing
The majority of businesses that are successfully operating online are doing so because of affiliate marketing. Essentially, affiliate marketing is when you promote a product or service of a company or individual and, in return, you’re paid a commission for driving traffic to a specific website. One of the simplest and most effective ways of making money from affiliate marketing is through a product demonstration video. Simply find a relevant product that’s already selling well and put together a quick tutorial on how to use it. Once complete, promote the product in your video’s description.
Why should someone watch your video? Because you’re an expert in your field and they’re interested in learning more about your niche. You’re also promoting a relevant product that you know is going to be of interest to your target audience. As an affiliate marketer, you’ll be able to easily find products to promote and earn a passive income stream from a powerful social media platform.
Build Your Audience On Social Media
One of the most effective ways of making money online is through social media. If you can build a following on social media, you can use those platforms to gain financial freedom. To grow your audience on social media, you need to learn several proven techniques that can be integrated into your strategy. At the very least, you can use this platform to build your email list.
Why should someone follow your content? Because you’re an expert in your field and they’re interested in learning more about your niche. You’re also promoting a relevant product that you know is going to be of interest to your target audience. As an affiliate marketer, you’ll be able to easily find products to promote and earn a passive income stream from a powerful social media platform.
Make Money With Email Marketing
Email marketing is one of the most effective ways of making money online. The key to making money from email marketing is to learn to utilize the right tools and techniques to grow and automate your subscriber list. One of the best platforms for building an email list and engaging with your subscribers is HubSpot. Through HubSpot, you can easily create email templates that can be used to engage with your audience.
Why should someone subscribe to your email list? Because you’re an expert in your field and they’re interested in learning more about your niche. You’re also promoting a relevant product that you know is going to be of interest to your target audience. As an affiliate marketer, you’ll be able to easily find products to promote and earn a passive income stream from a powerful and highly-engaged audience.
From the basics of marketing to how to make money with affiliate marketing, you now have an understanding of how to make money with WordPress. The next step is to apply this knowledge to begin building a profitable website.