Many people have asked me for steps to making money on the web, because it seems like that has been a challenge for many people.
And being a big fan of keeping things simple, I have broken down my formula into 5 simple steps.
So if you want to learn the my secrets to online wealth creation, here are my 5 proven steps.
Step 1 - Finding a Profitable Niche
This is important. Without it, you cannot define a direction to go in your online business and go toward making money on the web.
You must understand that what the people are searching for and what the market demands are.
Start by using can use free Google keyword tool. Find one that will be of most interest to you or at least something that you are knowledgeable about so your business becomes enjoyable, and not a chore.
Step 2 - Look for Relevant Hot Keywords
Hot keywords are one of my main secrets to making money on the web, and you will want to keep a lookout long tailed keywords when you're doing your research on the Google keyword tool.
Step 3 - Setup Your Site Using A Blogging Platform
If you're just starting out on making money on the web, then you'll appreciate this step.
Free blogging platforms like Blogger.com, Weebly.com and Tumblr.com offer beginners a fair chance of getting online because you get to put up a site without paying for domain and hosting.
So look to a platform you're comfortable with, and start building your site.
Step 4 - Drive Traffic to Your Site
Traffic is the bloodline of any online business, and it determines if you're going to be making money on the web or making a loss online.
Start by using free traffic methods. These include article marketing, forum marketing, document sharing and press releases submission.
On the other hand, you can do paid adverting like Google AdWords or Facebook ads.
Find one you're comfortable with, and get started.
Step 5 - Increase Your Conversions
The final step to my online wealth creation is to tweak your website, such that it can convert well. What that means is that it will cause the maximum number of visitors to buy from your site for the traffic you drive.
Simple tweaks include adding your photo online, adding a simple introduction video, placing a more obvious order button or even selling the right product.
Change things one at a time and see what improves. Keep the positive changes, and discard the negative ones.
See what I mean? Making money on the web is really not difficult when you follow the right steps. Try out what I outlined above, and see if you'll make money online or not.
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