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How to Make Money Online

The Ultimate Free Guide, by Gary Simon

Beneath, you will find a very elaborate guide (22,000 words) I personally wrote about making money online. I wrote it with the anticipation of selling it, but because I'm so giving, I decided to make it free (the same day I launched the version that cost money.)

So if you really want to learn how to make money online and quit your lame job, just read my guide and you will have a very good understanding of where and how to begin.

Table of Contents

How to Make Money Online

Choosing your Industry/Niche

    This section is for those of you who want to make money online, but don't yet have an existing idea, product or service.  If you're in this boat, then choosing an appropriate industry and respective niche in that industry is very important.  Below is an outline of the process involved.

  1. First ask yourself if you have a passion for any particular subject.  If you enjoy something, it will make it much easier to devote the time necessary in making it profitable as a website.  Let's say for example you love cars and you know a lot about them from a technical aspect.  Then your industry would be automobiles, and your niche would be about the mechanics involved.

  2. Perform a Google search and identify the current competition.  Using our example above, we could perform keyword searches like "how to fix a car", "mechanics community", "mechanics forum", "automobile parts", "car mechanics", "how to become a mechanic".  As you can see from these possible searches, you can take your potential website/business in different directions in terms of niches.

  3. Analyze the competition.  Visit the websites you come across and take note of their Alexa ranking with the SearchStatus Firefox Add-on.  An alexa ranking of 100,000 or less means the website is pretty popular and probably receives roughly at least 500 unique visitors per day. 

    You should also analyze any associated prices if they sell services or products, and see if you can offer them for less. 

    Also use Google Trends to analyze the search volume of the keywords you're searching.  This will give you an idea of how much search traffic there is for a given keyword.  You want to make sure you target a niche with enough search demand to become profitable as a website/service.

  4. Repeat the above 3 steps until you come across an Industry/Niche which both presents enough search demand and opportunity to provide an edge over the existing competition.  While it's not 100% necessary to create any sort of edge over competition, it does help!  But in the end, if you're willing to put in the work to create enough traffic, then you can always becoming profitable regardless if you're unique or not.

    Once you choose your niche, you can then formulate the specifics of how your website will function.  From there you can choose your domain and target your keywords by performing keyword analysis mentioned in an earlier chapter.

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