Make money on parked domains

These are challenges facing Roman who asked me for a blog critique. It would be remiss of me at this point to ignore another challenge that would face many people ….

We have established that most people who set out to make money at anything will have a hard time. Most businesses fail, just a fact of life. Looking down that list above which is not anywhere near exhaustive and hearing this might well put you off. But if you are still interested in learning about how to turn a website profitable, despite how hard it can be, then read on.

OK, I did mention that some people manage it … So how do you REALLY make money from a website? Mine is the former. I have a consulting, training and coaching business, and I mainly market that business via a website and other online channels. Another example would be Copyblogger Media. Examples of the second category would be the stereotypical blog — any of the gadget and tech blogs, such as Techcrunch, Gizmodo, et al. Sites do not have to stay rigidly in one form versus another, but you do need to know your business model or at least the direction you are headed.

It started out magazine style, quickly turned into a community, and now sells information products. For sure there are other models of profitable site that work, but for the most part these two categories are the ones that work for more people.

On the one hand, it seems like you can put most of your effort into what you do best and what you most enjoy, such as writing, engaging with your audience, and so on. You can make your own hours, or even not work at all. Some might even suggest you can make money with zero effort once the hard work is done — set it and forget it.

And that is all true, for some, and for a varying amount of time. What becomes immediately obvious to anyone who has tried this approach is you need a LOT of traffic. Much more than what Roman is getting. Relying on search traffic? You are also going to need a design that drives as many people towards clicks or purchases as possible. His intentions and approach are not necessarily wrong, but I think his business model does not match his tactics, or at least implementation of them.

We had a brief discussion in email and he said he was wary of being too out there in terms of engaging his community, social media, public speaking, and so on.

But that can be turned around by first focusing on what you CAN teach credibly creating and maintaining a website under your own personalised domain that attracts traffic and after making some money, you can return to the making money aspect. Your hook is a promise. If you are not delivering on what people think you are promising then you will not get very far.

Make a promise you can keep. What does this have to do with audience targeting? He needs to attract people he can help. And actually there is content there that will help them. It might need to be packaged and promoted differently, but Roman has the experience and knowledge to help anyone who is having trouble building a website.

The best place to be is to find an audience with a self-identified problem that you can solve profitably. When you have something to sell you have two choices. First you can try to make the sale right now, which is tough. The second option is easier, keep them interested until they are ready.

Retain the audience you manage to attract and keep them warm. Get people onto a list. What these examples have in common is they are highly visible, you are given an incentive to sign up, and promises are made to keep you interested long-term. I already mentioned that converting readers on first visit is crazy difficult. Instead, warm people up.

You know the best way to warm people up to your way of thinking? Teach something they want to know. If over time you share tutorials, videos, downloads, straight to their inbox, and they get results, then they are going to know, like and trust you. Show people how to use the tools you use to get the results they want and they will think favourably about buying those tools that you recommend.

What could you offer people right away? A good example would be trouble-shooting or targeted website building training.

5 Reasons You Should Have Registered A Personal Domain By Now

You could sell 30min chunks of consulting time to help people out of problems they have gotten into or show them how to do something they are struggling with. When you help them do that, then they thank you. Instead you want to attract your visitors as much as possible from referrals with SEO as a nice side source. At all times you should encourage as many of your readers to share your stuff as possible.

We are talking about sharing buttons, sharable media such as YouTube videos and PDF, and written call to actions asking for people to share. A big tip is to use headlines that go viral. Bottom line for sharing is that you have to turn up as a real, likeable person, engage your audience, and reward your reader so much for giving you their attention that they want to tell all their friends about you.

Roman is doing lots of things right. It will be make money on parked domains difficult to create the masses of traffic he needs to monetize as he currently is, but by creating a list of people who are engaged and want to hear from him then he is much more likely to get the profit he wants. For everyone else, there is a lesson here. You have to either have a super-compelling offer, something the audience already knows they really want, or you have to build trust over time.

Start attracting customers who know, like and trust executive stock options dividends, right now. Before commenting, please read my Comments Policy - thanks!

And hey there Roman. It IS hard to make money from a website. When I had my iPad site, I was making several thousand a month very quickly but that was due to factors like:. In the niche of make money online, a good site to take a peek at is: Guthrie does a good job of educating and he also has a pretty big list as you can see from the sign up box right there in front. If could offer only one piece of advice for Roman: It very difficult to say for sure whether any particular sale is a result of this or that social interaction, but I do wake up and find nationwide visa credit card exchange rate in my email, from right out of the blue.

Making money online is something I found really hard. If you want to make money online, re-read this article, pay attention and be prepared to work very hard. If you want a real business then BUILD a banco santander stock exchange business. Short cuts, tricks and loopholes are not a long term strategy, and therefore you need to work at it and follow a plan.

I have the same problem as Roman has. I agree with Mike, I think nowadays a community around your blog could be a powerfull thing. To tell you the truth I was a little worried about having Chris critique my website. The fact is the MMO niche has a bad reputation and I am embarrassed to belong make money on parked domains it.

The other day I met guy and he mentioned that he had a website about dogs and that he makes money from it. I did not tell him that I had a website because I was embarrassed to say that it is mmo website.

I know that even if he manages to hide it on the outside, in his head he is rolling his eyes. Of course I did not know all this when I started 3 years ago. I came to the mmo niche golf course green — I had no idea. One evening 3 years ago I was browsing the web and came upon a website exchange rate between usd and euro not remember which one that gave roles and responsibilities of stock brokers the impression that making money with a website is easy.

Excited, and thinking I found a undiscovered gold mine I started my own website. My lightbulb idea was to make a website about how I make money with my website. Brilliant — I would go through the process of building a website, gathering traffic, earning money.

I would make money and people would love it. About 5 months into it, after become familiar with the blogs and forums that cater to budding webmasters like me, I started to realize that I was in a dirty niche. I am a used car salesman, I am the vacuum salesman knocking at your door. Nobody wants to talk to me and if they are listening they are not believing a word I say. Oh, your one of those guys with a website about making money without actually making money.

And they were right — I was one of those guys. I started to feel dirty. I would be less embarrassed if I had a stock market numbers in 1929 crash causes site — at least that would make them reuters forex rates. But as embarrassed as I am about my niche there is one true and undeniable fact.

If you get it right, you can makes lots and lots of money with mmo. The dream of passive income is desired by all.

Even Jesus saw it as miracle worth bragging about — put your fishing rods away boys, just sit back, relax and Forex dma indicator will bring the fish to you. Everybody was amazed and overjoyed. The MMO niche has unlimited demand and the potential for a lot of money. And that why I am staying with it, even if it means that I have to endure rolling eyes and people pretending they are not home when I ring the doorbell.

The only thing I would change, but unfortunately it is not possible because domain names cannot have symbols, is to rename the website address to howthiswebsitemakesmoney?. And only after I figure it out would I change it back to the original. For now my website it about how it is not making money.

A used car sales man, who has not sold a car, showing how you can become a used car salesman. When you are considering what to write in the comments, please keep this in mind, ok?

The thing with the MMO niche that gave it a bad name were the hoards of people that got into it and tried to teach others how to make money having never made a dime themselves. But teaching in general is a good thing as long as you have the knowledge and experience to back it up. I would also add that you need a passion for it. I think the problem with your niche is that you really have to go out there and prove that people can trust what you write, which is a big challenge.

One of the biggest lessons I learnt from blogging? You WILL encounter problems and tough challenges. You might not always enjoy it. The post came out close to the weekend and a long weekend in the US.

I think this accounts for the good spirits. Regardless of the cause of the kindness, I want thank Chris for the great critique and the commentors for their tips and advice. Based on the comments, I realize I need to improve the Retention and Sharing aspects of the website. Hopefully over the next few years I can accomplish that. What I was pleasantly surprised by in the critique was the suggestion to try to mostly get referrals and use SEO as a secondary resource.

So many people advise that you must be optimized or you will get no where and they charge quite a bit to help you get set. Plenty of useful info here. Hi Chris, This is a great post show casing how one person is struggling with making money online. For those of us like myself who are inexperienced with earning online then being prepared to work long and hard and to continually educate will work out best.

Hey, we need more honesty! But if you keep educating your audience like Chris said, they eventually will want to see how you progress and get on board when you do succeed. I think any posts you can write about the mechanics of the website also, as Chris suggested, especially WordPress, since it appears you are using it, would be great. I would also suggest getting on LinkedIn and joining some groups.

Being a new comer to the field of online money making, I used to read a lot of articles from the related blogs.

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I am glad to say that ihis article is useful to cater my curiosity. Good post and an interesting honest read, which is a refreshing change from the usual get rich quick posts out there on the internet. Good luck to Roman in the future. Sign up right now for email updates and get two free ebooks: Chris Garrett on New Media Build your business by sharing what you know.

About Blog Podcast Newsletter Products and Courses Contact Connect With Chris: The problem is, there are the usual caveats: Roman shows how his website works. I would like to keep the conversation constructive. Milestones at "How this Website Makes Money". My Sidebar Opt-in Form. A Copyblogger Landing Page. Sign up right now for email updates and get these. Just enter your primary email address in the form below and hit the button!

GROW YOUR AUDIENCE AND AUTHORITY Start attracting customers who know, like and trust you, right now. November 24, at Hey Chris, Love this critique. When I had my iPad site, I was making several thousand a month very quickly but that was due to factors like: November 24, at 9: November 24, at 6: Reality has been harsh!

And all I have to say is: November 24, at 8: Hello All, Thank you all for your positive comments so far. Hi Roman and Chris. I am glad Chris mentioned these points: November 25, at 4: November 25, at 5: November 26, at 9: November 29, at 3: November 26, at 1: Justin Personal Growth says: November 26, at 6: John Landells - Internet Marketer says: Kind regards, -John Landells.

November 26, at December 2, at 8: December 18, at 6: Join 36, fellow marketers - Just enter your primary email address in the form below and hit the Sign Up button! About Chris Garrett is here to help you and your business attract an engaged audience of people who grow to know, like and trust you. Recently Popular 10 things I have learned about business and start-ups over the last 10 years How Do You Decide Who to Follow on Twitter? Is it Just Business? How to be Professionally Human 5 Essential Skills for Today's Online Marketer How to Sell More From Your Blog Blog Critique: Steven Aitchison The Secret Element of Successful Marketing Campaigns 29 Blogging Business Survival Tips Email Marketing Tips: Writing Effective Email Subject Lines How to Use Your Website to Get Clients Offline and Into Your Office Naming Your Blog: How to Create Catchy Blog Names.

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