Path #1: To build an authority site in a specific niche. Basically, you are building an entire online business from scratch, so you’ll learn a lot about Internet Marketing, and why people will take action on the products you promote. However, this path is long and tough, and a lot of people quit because they didn’t see the results that they want, even though they have put in a lot of effort for months. If you choose this path, you will not expect to see any results in the first 3 – 6 months, and you have to put in a lot of effort to it. The financial risk is not that much, but the time and effort will be wasted if you give up.
Wix offers a free plan if you don’t mind having your site address structured http://yourwebsite.wix.com/yourwebsite. Their only caps are around file storage and features – not around pages or page types. Their paid plans aren’t outstanding (they are actually a disadvantage listed here shortly), but they are competitive enough for short-term projects.
Can you run a successful business by only using the free membership option at Wealthy Affiliate? Well, you can, but I wouldn’t recommend it. Instead, I recommend you sign up for the free Wealthy Affiliate membership as a way to try things out. Honestly, the free membership is set up to be a bit of a teaser to get you to sign up for premium eventually, but most of us expect that going in. What’s nice about it is you can judge for yourself, based on the free membership, whether it is worth it for you to sign up for premium. Ultimately, only you can decide if Wealthy Affiliate is high quality or not. You will get more than enough of an idea by signing up for their free membership option. On average, about 1 in every eight people upgrade to a premium membership.
As merchants switch their sales to e-commerce, online marketplaces for handmade goods, like Etsy and ArtFire, make it extremely easy for artisans who can produce a steady supply of quality handmade products, such as crocheted blankets or unique painted glassware. If you have a unique craft, this is a good way to earn income while you're at home, doing what you love.
In terms of affiliate marketing, you can definitely leverage it. But, it really depends on your niche, does the chip design niche has any affiliate programs? This is something you need to research on. But, if you are saying to promote Wealthy Affiliate on your technical blog, then maybe it is not such a good idea because they are not relevant to each other.
With affiliate marketing, you offer the products for sale, for example, on your blog or e-commerce website. Each product has a unique link that tracks back to your account with your affiliate partner. A prospect who clicks on the link is taken to your partner’s shopping cart for checkout. Once they buy, that purchase is recorded and you receive a commission. Commission amounts vary depending on the affiliate partner, but is generally 5 percent to 25 percent, or 50 percent or more with digital information products.
If you love leaving customer reviews on sites like Amazon, it may be beneficial to look into affiliate marketing as a source of income. Word-of-mouth advertising is still a huge lead generator for many companies, and a lot of businesses are willing to share a portion of their profits with persuasive individuals who will promote their products to the public.
If you have the expertise or a passion or interest for a subject, you're ready to start making money with a blog. With a service like Blogger (www.blogger.com), you can start up your blog totally free. You can also create your own site and secure your own hosting for a low price, which is generally the route I recommend, as many free blogging sites have restrictions on what you can say or do, including making money or advertising.
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