There are so many different opinions out there about how to make money online, that it can be very challenging to sort out the good options from the bad.
If you’re just getting started, you should read this post on recommended free beginner courses to help you sort everything out.
In this post I’ll share three of the real ways make money online experts cash in, and they aren’t what you might think:
3 Real Ways Experts Make Money Online
The way I see it, the overwhelming majority of experts that are making real money online (eg: 6+ figures annually) boils down to 3 main tricks.
The first is through their email list.
Many beginners make the crucial mistake of not building up an email list early enough in their site.
While some gurus argue that you should start building your list from day 1, my thought is that beginning too early will just distract you from your site. I usually start promoting list subscriptions around the 6-8 month mark, when I’m confident my website is beginning to take root and gain authority.
The reason email lists are so key is because the overwhelming majority of people don’t buy the first time they see something. On average, consumers need 7 ‘touch points’ before they purchase a product.
Grabbing their name early is a good way to make sure that even if they don’t convert today, they might still buy from your links later on.
The second way to really make money online is through outsourcing.
The top experts have a refined, scalable process in place for their websites, regardless of whether they manage a large portfolio(5+ sites) of smaller sites or a small portfolio (< 5 sites) of authority websites.
Producing new content, ranking that content, and increasing readership run like clockwork. To do this efficiently and scale your process, chances are you’re going to need some extra help, which is where outsourcing comes into play.
If you’re new to the game, however, I wouldn’t recommend outsourcing anything until you’ve built at least 1 profitable site by yourself. Click here to learn how.
Timing a Sale
Finally, the last technique many beginners overlook is whether or not they’ll eventually be able to sell their website.
Timing a sale well can be an extremely profitable move for internet marketers, but is something that takes a bit of practice.
If you sell too early, you’re not going to get enough value for your site because the results have yet to come in. If you sell too late, on the other hand, you may risk a period of low growth, which wouldn’t get you as high a valuation.
Make money online experts have been around the block a few times, and have a good eye for gauging when a site is at the top of its game, and when its time to hold onto it and double down for high growth.
What You Can Do
I hope this post gives you some extra ideas about real ways to make money online.
While there certainly are other ways besides these (black hat marketing, product development, etc), these 3 in my mind represent the best legitimate options that anyone could realistically accomplish.
The reality is that for each of the techniques mentioned in this post to be successful, you do need some experience.
If you’re just starting out, I recommend you try this free training and get a profitable site running first, before exploring these more advanced options.