Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
The first thing before starting a blog is identifying a profitable niche. Make sure that you have a genuine interest in it. Then, search for available domains. You should purchase a .com domain to have a global authority. And, the next step is crucial. You have to choose from two options, free platform or self- hosted one. I prefer going with latter. If you select the first one, go to any free blogging platform and connect the domain after starting the blog. Or else, purchase a hosting plan and enjoy blogging after installing WordPress.
You may not know but you can rent your website if you have good traffic. I learned this method of making online income when I was working with a client in the real estate domain. Rather than building out his website from scratch, he rented out a website from a guy who already had the traffic, with people interested in buying a home in his local area.
Blogging could be a nice way for students to earn some extra cash. If you have a favorite hobby, you can just write content about it and share your content with others. You can blog about an academic subject or more you have good knowledge in, or write about non-academic topics on your blog. Once your blog starts getting some traffic, you can use a number of ways to monetize your blog. Read 5 Popular Ways Blogger Make Money for some of the most popular blog monetization methods.
The other option is selling your domain if you have a good SEO score (Domain Authority) or you own a domain with a special name. My favourite social media scheduling company, buffer, bought buffer.com in $600,000 last year. In a similar way, you can buy expired domains and sell at a higher price to people who need that. Honestly, domain trading business is tricky and you have to be an expert even to start, otherwise, you may lose money.
Young students who are good at studies and want to use their academic talent for the good of others can use online tutoring as one of the methods to earn on the internet. There are sites where you can register as a teacher, and there are many online educational based companies that need students to offer their teaching services online. You can seek such educational companies and after proving your credibility as a teacher can offer teaching services online. Once you have cleared the basic assessments to act as an online tutor, you will get hired by the online tutoring company. Some of the sites that offer this service include tutor.com, wiziq.com, tutorvista.com, and others.