Many people are looking for a magic wand.
A wand that will make them rich and successful!
I can’t provide a Magic Wand, but I can provide you with perhaps the best low-cost way to get make a significant income online.
What is that, you ask?
Drum roll, please…
Create an Authority Blog or Website
An authority website or blog is a popular online place where people go to for information on a particular niche or topic.
When a visitor lands on an authority site they get excited – at last, they have found what they are looking for! [Like we hope you felt when you landed on this webpage]
An authority website is a trusted, reliable source of information.
Our friends at Authority Hacker do a free webinar that covers creating Authority Sites in more detail.
I have built and sold several authority websites, the first over 10 years ago!
Selling a website is my favorite way to create a big payday. I have now done it several times and plan to do it again soon.
In the meantime, this article explains authority websites in more detail.
Of all the ways to make money with a website, this has earned me the most money over the years.
It helps build a solid brand.
It encourages readers to come back to your site.
Website traffic may go up and it may go down, but with an email list and a good offer you are always in business.
Email marketing can make you money in a few different ways, such as email promotions, which deliver free reports that are monetized (have affiliate links in them). I like this method best – and it is where I recommend everyone starts.
Typically, you offer your readers a free report or eBook or access to a video in return for their email address.
This is referred to as a lead magnet.
The important thing here is to offer something of value. Ideally something that people would pay for if it was not FREE.
I see too many bloggers offering low quality lead-magnets – poorly produced and often with information that is out of date.
Don’t be that blogger!
My preferred strategy is a free report or eBook – here is an eBook we did several years ago (a little dated in places now, but still useful information)
I emphasis the need for QUALITY information. A simple ‘word doc’ with quality information will beat a fancy PDF with rubbish information every time.
Over night, we went from getting 20+ subscribers a day to well over 100 per day!
At the time, most websites hated using popups because of the negative association people have with them. But these popups were different.
Instead of popping up in another browser window, they popup as part of the page you are on.
It was a lot less intrusive. Even better, it wasn’t to promote something spammy, but something of value to the reader.
After seeing the massive results, we created our own software, so that other website owners can experience the same huge gains we have.
Another list building technique you should try is a squeeze page. A squeeze page (also called a landing page) is a dedicated page on your site to getting a visitor to sign up for your mailing list.