Pick an Interest. You must first choose a niche for your business. This could be anything from cars and electronics, to computers, clothing and food. It is best to select something that interests you and there are many highly profitable niches to choose from. But if you have no ideas on what you like and how to choose a niche Wealthy Affiliate will give you great ideas to pick any profitable niche which still has room to get in to.
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.
Highly competitive: If you can’t generate traffic, you don’t make any sales. This is the biggest challenge. When everyone can sign up for these affiliate offers for free (very low barrier for entry), now you have a situation where there is a boatload of competition for most affiliate opportunity out there. Unless you use paid traffic, most people get traffic from building a website and ranking it in Google, which is what Wealthy Affiliate teaches, but the problem is there’s only 10 spots on the first page of Google. & you have to compete for those spots with thousands of affiliates around the world.
Note that this is all from the default setup – Wix has a new product called “Wix Code” – my take on that product is beyond the scope of this review. My disadvantages listed below are from the perspective of a small business owner who is looking to use Wix and might one day call someone like me or a developer friend to help with website marketing or development.
Wealthy Affiliate is also an excellent place for those who want to have everything they will need in one place. From market research tools to web building tools to domain registration, website hosting, website backups, site security, and much more, it’s all in one place. AND all of those tools come with complete step-by-step training videos as well as a support community that can help you if you’re having trouble. If you don’t want to pay 10 different companies for 10 different services you’ll need to run your business, sign up with Wealthy Affiliate to get it all in one place. Wealthy Affiliate literally provides absolutely everything you’ll need to succeed with your online business.
These pay-per-click ads appear on your blog. Every time somebody clicks on an ad (which is supposed to be about a subject related to your niche), you make a few cents or more. Small amounts each time, but it adds up. This is extremely hands-off. You just need to get a code from Google, place it on your website - and the ads will automatically appear on your blog. Google will only show ads that are relevant to your blog so it's a good experience for your visitors and maximizes the number of clicks you get, meaning more income.