As we have much discussed in part 1 and part 2 about money making, I still feel like adding more to it. Selling of the websites is also observed as a money making option for some people. As this has a good prospective towards making big money quickly. There are some
forums available as: Sitepoint and DigitalPoint constantly participating in buying and selling of a website. However, it is not as simple as it seems, there are few things that they like considering before getting into it.
In website’s buying and selling few aspects are kept in mind like the revenue it is generating per month multiplied by anything between 5 to 30. Now the number completely depends on the person wanting to sell it. Some people so make sites only to gain profit from it, or they even buy existing ones and after revamping again it goes for selling.
EBook selling
It is an age old strategy of making money. Manipulating a website for the promotion of a related EBook is very well known method and feasible as well. There is no trick behind, it is a straight and simple selling and no risks involved.
You here have an option to build the website around your book as SEOBook.com. Also, you can initiate an EBook depending upon your website’s accomplishment.
You can go through: How to sell eBooks, List of eBook selling software etc.
Hardcover Book Selling
Many of the writers make use of their websites to sell their hardcopies of books like Malcom Gladwell and Seth Godin. There are many such famous writers who have created their own sites. You can also go the other way like first holding a command on the site of your niche and then going for book publishing. You have examples of self publishing here: WordClay, iUniverse and more.
WordPress theme or Templates selling
people are more and more interested in their online presence, which is why these are becoming hot favorite of all. Over here you have a conventional site TemplateMonster, also freelancers who want to promote their work singlehandedly.
Unique Blog Designs also Brian Gardner is good website examples which are earning by selling WordPress themes.
Consulting services
Based on your interest, you can certainly earn by giving people a consultancy. Being an author also would help you more. The information that you are going to share with the readers will build trust in them and earn you credibility on that very subject which will make it easy to build followership and win customers.
Similar step has been followed by Chris Garrett. He 1st made an impressive blog on his preferred niche, and later began consulting clients on the basis of their requirement on the same niche.
Make a list of emails for your newsletters
The combination of the two makes a powerful duo in money making’s marketing strategy. Comparatively it also gives a very high conversion rate and considered efficient as well.
Nonetheless, having a big list of emails for the job is a bit thorny, so if you have a popular website you could influence your list by putting the subscribers on the list.
You have software to take care of the newsletters: PHP Autoresponder, AWeber, Constant Contact, and SendStudio NX.
Programs Mentoring
There are people who are upfront ready to pay for anything they are gaining knowledge from. Education has a vast field to penetrate business and online business is very much the same.
It will be profitable business if you can structure a program where you can mentor and be a guru to your clients. You have a wide range of options to deliver it from audio-video to text articles. Brian Clark enjoys Copyblogger’s success by launching such a program where people are taught to sell online content. It costs them $97 a month. You might think that it is too much, but you would be glad to know that they have more than 1000 of members.
Creating conference
In case your site becomes big in the market, you can form a conference around. Depending on the strength of the clients, the event can even magnetize more clients and there you make money through the conference e passes and the sponsors.
So people, I hope you enjoyed knowing all tactics under one blog. Even still I have missed out on something you are free to share. Take care and happy learning.