How to Make Money with YouTube

How to Make Money with YouTube

YouTube is probably one of the best marketing platforms at your disposal – and it’s a lot of fun! Imagine every marketing strategy we’ve discussed to this point (SEO, website, blogs, etc.). Now combine their effectiveness. That should give you an idea of what YouTube can do. It’s powerful and video marketing speaks for itself.

In this chapter, you will learn:

- How to set up an effective YouTube channel.

- How to shoot your first video.

- How to get your video viewed by millions of people.

- How easy it is to rank your videos on Google (most important).

Why is YouTube so Great?

The answer to this question is very simple. More traffic equals more money. Ranking on Google is one of the absolute best methods of generating traffic. Google owns YouTube which means it has extremely high authority. Google wants videos on YouTube to be the first thing its audience sees. As a result, these videos get priority over all others. This is the kind of authority you want when marketing.

Video marketing is projected rise above all other forms of marketing in the coming years. Since marketing is headed toward this new venue, it’s a good idea to establish your presence now.

People tend to look at YouTube as simply a place to go to find music videos and other forms of entertainment. In reality, YouTube is used for so much more. In today’s world, it’s used more as a search engine than television channel – howbeit a very unique and advanced search engine. It is owned by Google after all. So keep that fact in the back of your mind when setting up your first video.  

Setting up a YouTube Account

Getting started with YouTube is very easy but for those who are new to this powerful platform, here are the steps.

Note: I will assume that you already have a Google account. If you don’t, then one is required in order to use YouTube.

I’m going to briefly show you how to get started with YouTube. It’s really easy.

Step 1

Visit www.youtube.co/create_account to begin.

Step 2

Fill in all required information. When writing your profile description, try to utilize keywords so that you get the best chance of exposure.

A photo will also make your profile come across as more professional.

Setting up a YouTube Channel

Once you have your initial YouTube account set up, it’s time to get to the fun stuff. Your channel will be the place where of your videos are placed. Showcasing your videos in a professional way will get multiple views from the same viewer, as well as subscribers. A YouTube channel can quickly become your most valuable marketing platform.

Step 1

Once logged into your YouTube account, click on the account name. This is located in the upper right corner of the screen. Select My Channel.

Step 2

Select Channel Settings. This is where you will customize your channel to make it your own. So get creative. Set up a custom background and organize it in a way you like. The four biggest factors that will make or break your channel are:

- Title

- Description

- Design

- Organization

Setting up your title will take the longest. You need a keyword rich title that immediately tells viewers what to expect. “Dave’s Video Channel” simply won’t cut it. Use Google Keyword Generator to find a list of possible keywords and then brainstorm through them.

Once you have a title, use that same keyword in the description. These are so important because you want to use YouTube’s authority to its fullest potential. Once your channel is set up, it will look bland without some awesome videos on it. Don’t worry. Now we are going to set up the first video.

Creating your First YouTube Video

Once you take the time to go through this process, you are guaranteed to start seeing positive results from your efforts – so long as it’s set up correctly and the video is exceptional. Just any random video will not convert. It must be outstanding. Again, don’t worry. It’s not as difficult as you might think.

Decide your Message

Unless you want to sputter along incoherently, annoying your viewers to the point of spam clicking the dislike button, sit down and decide what message you are planning to deliver. Do this before anything else. Remember that great marketing videos are short and to the point. Don’t drag on. The idea needs to be simple, yet effective. For example, if you’re promoting a new book, you wouldn’t promote the entire book in one video. You would choose a specific aspect.

It’s a good idea to check out some other videos to see how the experts do it. Specifically, videos within your niche. See what is successful and what’s not. This will give you a better idea of what message you should try and convey.

Additionally, the message should be simple. Viewers must be treated like children. If you provide too much information all at once, there is no way that it will all sink in. After all, if the viewer doesn’t understand the message, then you’ve wasted your time.

Not only does the video need a simple message, it will need to explain to the viewer exactly what you want them to do next. It must be clear. You can’t just assume they will know what to do, even if it’s obvious to you. If you’re trying to drive traffic to a website, then specifically tell them to visit your website. If you’re promoting a product or service, then tell them exactly where to find it.

Every video requires a message. This includes funny videos and music videos. So don’t exclude anything from this just because it may seem like there is no message. There is always a message.

Writing a Script

You have a message and know exactly what you’re planning to tell your viewer. You don’t have to be a professional screenwriter to write a script, but you need something. Otherwise, you will just end up staggering around uselessly while holding a camera. At the very least, you need a list of scenes to go by. A script is just used to keep you moving in the right direction when filming.

You can hire a freelancer to write a script for you. If you use Fiverr, then it will cost you about $5 to get this done. I can’t overemphasize the importance of having a script.

Filming your Video

Now comes the fun stuff – actually filming your video. There are several options at your disposal here but one thing that is pretty much a requirement in today’s world is an HD camera (assuming you film the video yourself). If you want to make the most of your efforts, then go ahead and spend the money to buy an excellent camera. With that said, here are three options for filming a video.

Appearing Live in the Video

The most commonly thought of method for creating a YouTube video is to appear live. Some simply don’t feel comfortable on camera so they tend to bypass this great opportunity. However, you do not have to appear on camera to create a video for YouTube. So don’t panic just because you might be camera shy; there are other options.

For appearing live in a video, an HD camera is pretty much required. Although you can use a camera phone, the quality will fall short of other videos. Thus, you will lose conversions. Whatever you decide, just follow your script and you will be fine. Also, try and get at least two separate angles from each scene.

Once you are done filming, you need a video editing program in order to put it all together. A few popular choices are:

- Adobe Digital Effects (Most Expensive)

- Cyberlink Power Director (Average Cost)

- Windows Movie Maker (Free)

Put together the video in a way that clearly delivers your overall message. Be sure that the audio is of high quality. Don’t over-clutter with transitions (a huge mistake made by many).

Video Presentations

Our next option does not require you to appear live on video. It only requires your voice. Video presentations (if done professionally) will convert quite nicely. Tutorials tend to work best for this format.

All you need to so it put together a series of graphics or PowerPoint presentation in a way that explains the subject clearly. It needs to be a series of well defined steps and the video should show the viewer how to clearly complete each step. End with a message to the viewer, asking them to visit your site or subscribe to your channel.

Hire a Freelancer

This option is perfect for those who are camera shy to the point that they do not even want their voice to be in a video. Although there are thousands of places where you can find freelancers, I’ve found that Fiverr is a great place to get started. So long as you have a script hammered out, you can get a video (around 1 minute in length) created for around $20. When hiring a freelancer, be sure that they have examples of previous videos. The last thing you need is an amateur putting together a video for you.

Once you finally get your first video finished, take a moment to smile. You should be excited because the hardest part is done. Unlike other ventures, getting the finished product to rank on Google is the easy part. Just follow these steps. If set up correctly, your video will pretty much work on auto-pilot. 

Keyword Optimization

The trick to getting a video to show up in searches is through keyword optimization. The video itself isn’t picked up by search engines but the title and description (as well as tags) are what search engines use to locate a video. Therefore, it’s extremely important to get it right.

Title

By far the most important component of your video is the title. It’s the first thing that viewers and search engines see. It must convey your message while utilizing a main keyword in order to make it perfect for both search engines and people. Take your time to get this done perfectly. Remember, if this is done correctly then the video will work on auto-pilot. Therefore, you can afford to take the extra time to get a perfect title.

Description

The video description is a bit tricky because (like the title), it needs to be optimized for both real people and search engines. There’s actually a nice little trick to this. First thing is to use Google Keyword Generator (you’re wearing that free tool out!) and search for variations of your main keyword (the one from the title). This time, don’t worry about monthly searches or competition. Just write down every keyword on the first two pages. All of them. Got it? Good.

Start your description with a link leading to wherever it is you’re trying to drive traffic to. Also, with video descriptions you will need to include the “https” label before the link. After your link, write a brief description of your video. This should be between two and three sentences. After the description, place the link again. So your description will have two links: one to start and one to end.

Now use the rest of the description space to list all of your keywords obtained from Google Keyword Generator. Separate each one with a comma. This is allowed with video descriptions but not anywhere else. So don’t think you can go onto your website and just start placing keywords. You can’t. However, with a video description you are allowed because it doesn’t lower the quality of your content (video content is within the video itself).

Tags

This is a piece of cake. Copy and paste your list of keywords from the description field into tags. That’s it!

Monetize your Video

Your video will now land views all on its own so you might as well use that to your advantage. Even if you’re using the video to drive traffic to another venue, go ahead and use this process to get even more out of it. I’m going to quickly show you how to generate a small stream of extra income from your video.

Since you already have an Adsense account, then all you need to do is set up Adsense video units. Here’s how it’s done.

Step 1

Log into your Adsense account and select the YouTube Video Units option.

Step 2

Read and accept the legal disclaimer. This is only required the first time.

Step 3

Confirm your YouTube account. This will pull you back to YouTube where you must accept a plugin that links your YouTube and Adsense accounts together. It will then confirm that the two accounts have been linked together.

Step 4

Name your player and set up how the ad units will be displayed. Make sure you don’t interrupt the viewer’s experience with poorly placed ads.

Step 5

Set up the ad matching options. It’s best to let Google choose relevant ads for you. So long as you set up your keywords correctly (discussed above), then Google will choose ads relevant to your video.

Step 6

Click the Generate Code option. Then just copy and paste the code onto your video page.

After setting up your initial video, you will automatically be asked to select units for new videos that you upload. So you can either create new players or use ones that are saved to your profile. It’s a fairly simple process and can generate a steady stream of income through views and clicks. Trust me, your videos will get views on a regular basis.

How to Become a YouTube Partner

This is another way to monetize your videos. However, becoming a YouTube partner takes quite a bit of time to establish. In fact, I wouldn’t even attempt it until you have at least 500 active subscribers.

You will also need to upload new videos on a fairly regular basis. That makes this an option only for those who love making new videos. If you want to become a YouTube partner, then register with them through your user interface. It is a good way to generate some extra income through videos but be warned that Google expects a lot from those partnered with them.

It’s safe to say that for the purposes of this book, I would not recommend this option. Only become a partner if you decide you want to dedicate most of your efforts into filming videos. YouTube can offer a great career for many adventurous spirits.

Overview of YouTube

I will end this section by recapping some of the more important factors of YouTube. Since it is such a powerful platform, I feel a quick reminder will do a world of good. Let’s start by looking at the advantages.

By far, YouTube’s authority with search engines is its greatest advantage over all other free platforms. This authority makes it extremely easy to get videos ranked on Google and other search engines. As you’ve learned, ranking on search engines is a sure way to drive traffic to your other ventures.

YouTube gives you content to post onto your blogs and website. Since videos tend to convert at a much better rate than any other form of posts, having the option of embedding videos that coincide with your website content is a huge deal.

Finally, learning how to create videos will teach you an all important skill. That skill is engaging your audience. Whether through writing or speaking, the better you get at engaging an audience, the more people will bookmark your pages and come back for more. Have you ever met a salesman who didn’t know how to engage in a conversation?

Avoid Common Mistakes

Let’s face it, not everyone is successful on YouTube. Some complain about their failings while others remain in silence. One thing remains the same. Chances are that mistakes are what kept success from knocking at the front door. It’s hard to admit for some but those who are truly successful not only learn from mistakes, but will make sure to keep from repeating them. Here are some common mistakes with YouTube videos.

- The video contains no message or the message is so vague that no one understands it.

- The video is too long. As a result, viewers close out of the video before reaching the call to action.

- Failure to include the link and keywords in the description. Or worse, the video has no description.

- The video name does not match the content.

- Failure to include tags.

Avoid these mistakes and you will be well on your way to driving huge volumes of traffic to other ventures. All of this benefit while generating a stream of passive income through each video. While many video marketing platforms charge you to advertise your products and services, YouTube is one of the few places that pay you to advertise. So take advantage of it.

How to Make Money Online by Becoming an Affiliate

How to Make Money Online by Becoming an Affiliate

Now that you have your own website, it’s time to fill it with even more content that will help to generate a stream of passive income into your bank account. The first item on the menu is affiliate marketing. I know that some people will immediately jump to one of those “get rich quick” ads and believe that is what affiliate marketing is all about. It’s not. Affiliate marketing is simply the process of recommending other company’s products and services. If you send these companies a new customer and that customer makes a purchase, then you get a percentage of that sale. Most big companies love to hire affiliates because it is considered guaranteed advertising. In other words, they know that when they are paying for advertising, they are getting a sale. Therefore, it has become a popular choice for businesses.

Affiliate marketing will depend on how much traffic your website is generating. So this section will show you how to get started and then you can expand on what you learn to generate even more content and eventually sales.

Affiliate marketing is another form of passive income. Once you get enough content set up, the process is automatic. Just keep in mind that although some people do generate a full time income from affiliate marketing, this is normally not the case. Affiliate marketing is usually at its best when used as a secondary method for generating income.

For some, affiliate marketing seems like a daunting task. However, you are already using Adsense to generate income. Incorporating affiliate links into this content is actually really easy and requires very little extra work. In a nutshell, you will sign up as an affiliate for a company and then base your content around actual products such as Top 10 lists or reviews. These tend to work the best and are considered very helpful content by most search engines.

Before getting into the more technical details, I want to add that while some tend to focus a lot of effort into promoting their affiliate links, I would not recommend you do that at first. You should focus on getting traffic to your website. That’s why you have it. Your website will do the promoting for you. For the sake of long-term success, focus on adding useful content and driving traffic.

Here are the most common types of marketing affiliate marketing.

Product Review Websites

Many webmasters dedicate an entire website to reviews. These reviews are a way of promoting their affiliate products. This is actually a sound strategy and can lead to some fun content and a nice stream of income. Plus, once the website gets highly ranked on search engines, it’s likely that the domain could be sold for a premium. Keep this in mind because one of our money making methods involves flipping domains. Review sites are excellent in this regard.

Video Marketing

Video marketing is more valuable that platinum if done correctly. People respond much better to videos than any other form. To add even more incentive, YouTube makes video marketing a breeze. This book includes an entire chapter on YouTube. So keep this in mind when reading about creating YouTube videos later in this book.

Blogging

This is the type of marketing you will be using in the beginning. Posting content about products that you are promoting is a good method for generating conversions. You can either post about these products directly or include them in a general post (example: a how-to post).

Email Marketing

Another proven way of marketing is via email. This form of marketing can be used parallel to your website. Essentially, this process involves collecting email addresses by convincing users to sign up – otherwise known as opting in. People opt into lists in order to receive updates, news, information, etc.. Never buy email lists from third parties and then spam them. This is immoral and illegal. Instead, take the time to effectively market through email. Let’s take a moment to set up a list building account.

Setting up an Email List Building Account

Now that you have some experience with your WordPress site, you should understand the basics of how widgets work. Why not go ahead and add a widget for visitors to subscribe to an email list? It couldn’t hurt and can give you another avenue to generating money by opening up email marketing.

The first thing you need is an email marketing service provider. The best on the web is Aweber. Keep in mind that this does cost money. You don’t have to do this now but I recommend you go ahead and get started so that you can gain valuable experience with how it all works.

Aweber costs $1 for the first month and $10 a month after. First, visit their website and sign up for an account.

http://www.aweber.com/

Once you have set up your account, you’re ready to get started. In order to gather email addresses, you will need a form. These are easy to set up and once you do, you’re given a code. Simply copy and paste the code into your WordPress widget and your form will show up on every page. Aweber has a ton of videos that will help you get started. You should take the time to watch them. There are so many options and everyone will want to use different strategies. Here are a few tips:

- Use follow-up emails to keep your subscribers up-to-date.

- Don’t use every message to pitch products. This will annoy your subscribers and cause a high rate of your list to unsubscribe.

- Don’t send more than one email per day.

- Learn and then learn some more.

Clickbank

Clickbank is the online bazaar for selling digital products. There are thousands of products available on their vast website. Better yet, each of these products is open to affiliates. That makes Clickbank your first stop in making money by becoming an affiliate. Here is a quick breakdown of categories on Clickbank:

- Arts + Entertainment

- Business/Investing

- Games

- Health+Fitness

- Parenting

- Politics

- Software

No matter what niche you have decided to specialize in, you should have no problem finding products that fit nicely within it.

Making Money with Clickbank

There are actually two ways that you can make money on Clickbank. The first is to create your own product to sell on Clickbank. The other is to become an affiliate. Since you are already set up to promote products as an affiliate, we will focus on that first. One of our money making methods discussed later in this book will have you (possibly) selling a product on Clickbank. Therefore, that option is best left for then. I want to start you off on the path of least resistance. That’s the main reason for choosing affiliate marketing first. You have the opportunity to learn more about the market before trying to promote a product of your own. Trust me, you will be glad that you started off slow.

Anyway, let’s get you started on Clickbank. The first step is to sign up for an account. Only then can you become an affiliate.

Setting up your First Clickbank Account

Getting started is easy.

1. Visit www.clickbank.com

2. Click Sign Up

3. Fill in all necessary information

4. Click Submit

After that, you just need to wait until your account is approved. Once they send you the approval email, you are ready to get started.

How it Works

Start off by browsing through products within your related niche. Bookmark ones that look good to you. Once you have enough of them bookmarked, it’s time to choose several that you want to promote. This is where things start becoming a little complicated. I say that because you likely have numerous products that you are affiliated with – so many in fact that it can become difficult to keep track of all this information.

One way to make this easier is to build a spreadsheet just for affiliate information. Include one column for the product and another with your affiliate link. You can even add columns for pictures of the product, links to descriptions, etc.. The point is to do whatever makes it easier on you. Just make sure that you are not spending too much time searching for affiliate links of products that you’ve already decided to promote. Most of your time should be spent on either creating content or finding new products to promote.

Affiliating with Clickbank

Okay, turning Clickbank into another money generating machine is only a few steps away. They are likely to recommend that you have a website or blog. You do. You will need a niche. Add another check beside that one! All you need at this point are products to promote. I would recommend choosing one product at a time. Create content involving that product and then find another and repeat the process. For now, let’s focus on just one product and then move on. That will help keep things simple until you choose which money making methods you want to use. Trust me, there are a lot more to come!

Needless to say, your chance of successfully getting one of your visitors to purchase a product from your website is directly related to how closely the product matches your niche. Never promote things outside of your area. It’s just a waste of time. Other factors to consider before choosing to promote a product are:

Initial Sale: This is listed on Clickbank and is the average amount you can expect to make for every sale of the product.

Average Sale: Your average lifetime income for selling a product.

Average Rebill Total: This directly relates to products that are based on reoccurring payment. Recurring payment are membership based and this is the average amount you will make on a monthly basis (or weekly/yearly/ etc.).

Average Rebill %: Applies to the Average Rebill Total. This is how often individuals choose to remain a member of the specified service.

Gravity: This is basically how popular the product is on Clickbank in terms of affiliates. Higher gravity means more people are promoting it. Gravity is also determined by amount of income being generated by affiliates. A higher gravity means more competition from other affiliates. The rule of thumb is to shoot for a gravity score of more than 50 but not more than 120.

After juggling the numbers, take a more personal approach by putting yourself in the shoes of a potential buyer. Pretend you saw the product on your website and were interested in finding out more. Then click the link to the product’s landing page. Determine if the page compels you to buy the product. If not, then move on. If it does compel you to make a purchase, look through the page once more. Get technical now and check for any typos, misinformation, etc.. If after the second viewing you are still 100% happy with what you see, then you are free to promote them.

Never promote a product or service that you do not trust or truly believe in. This lack of enthusiasm will show up in your promotions. Plus, if you’re not sold on the product or service, chances are that you audience won’t be either.

HopLinks

HopLinks are just a fancy term for an affiliate link. The process is simple.

1. From the product page, click on Promote.

2. Add a nickname (optional).

3. Copy and Paste the link into your spreadsheet.

You now have a Clickbank product and a link to promote it. At this point, it’s probably a good idea to turn your affiliate links into Tiny URL’s. A great (and free) place to do this is www.bitly.com.

Simply sign up for an account and then you can copy/paste the link onto bitly and it will spit out a Tiny URL. I recommend you do this for all affiliate links in your spreadsheet, creating a separate column for Tiny URL.

Promoting Clickbank Products on your Website

This is where you want to be very careful. You are already using Adsense and email marketing on your website. If they are in widgets, then you have ads on all of your pages. You don’t want your website to transform into a circus of floating ads and spam.

I recommend that you limit Clickbank to articles only. Write content filler on your website and make some of this content about Clickbank products. In addition, only have two links in your article – one at the beginning and one at the end. That’s it. If you spam too many ads on your website then you will not only annoy customers, but search engines will punish your website as well.

For now, write one post about one Clickbank product. You are only getting started and trust me when I say that there are plenty of opportunities yet to come which will allow you to further promote Clickbank products. We have only tapped the surface.

Become an Amazon Affiliate

The next affiliate program I highly recommend is Amazon. The idea is to gain experience while giving yourself the best chances of long-term success. Amazon is a leading brand and highly reputable company. In the terms of internet sales, they are heavyweights in the field.

Since you already understand the basics of affiliate marketing, you should have no problems getting started with Amazon. They offer numerous video tutorials and an extensive blog to help affiliates. I’ll just go through the basics real quick.

Getting Started with Amazon

1. Visit https://affiliate-program.amazon.com/

2. Click Join Now for Free

3. Fill out all required information

4. Click Submit and wait until your account is approved.

Once you can log into your account, do so and have a look around. You will find that it’s similar to Clickbank. You can search for products from a variety of different categories.

Advantages of Becoming an Amazon Affiliate

I’ll end this chapter on a list of the advantages of becoming an Amazon affiliate. While the commissions might be lower than other opportunities, Amazon will generate a higher conversion than others. Higher conversions lead to more money.

The biggest advantage has to be the large number of products to choose from. You can promote any product that Amazon sells (which is pretty much anything you can think of). This leads to easy content and a better variety. Top 5 and Top 10 lists tend to convert quite nicely. This allows you to create content to fill your website (and help get it ranked) while promoting products. Essentially, you wind up killing two birds with one stone.

Amazon is very easy to get started using (as you have likely seen if you signed up for an account already). They have a wide selection of plugins and scripts that make integrating products onto your website painless. Amazon truly knows how to make money.

In addition, you will be aligned with a reputable company. People see the name Amazon and are comfortable spending their money. All online sellers do not garner this kind of reputation.

Most of the time, people will buy more than one product on Amazon. Even if someone clicks through your link to buy one product, you get credit for all products in their cart at the time of checkout. So there are opportunities for huge sales.

How to Make Money by Flipping Websites

How to Make Money by Flipping Websites

For our next money making venture, we will look into one of the most profitable ventures on the web. Some of you might know what is involved in flipping websites while others are wondering if this is similar to flipping real estate. The answer to the latter is yes. Flipping websites is comparable to flipping real estate – just look at a website as virtual property.

Website flipping consists of four steps:

1. Buy a Domain

2. Add a website to the domain

3. Add content to the website and get traffic to it

4. Sell the domain and website for a huge profit

One of the best things about flipping a website is that you can incorporate affiliate products and Adsense onto the website while you are growing it in popularity. This will generate even more money while you are waiting for it to build to a high enough level to sell.

Advantages of Website Flipping

As mentioned, website flipping can easily be compared to real estate flipping. The difference is that instead of buying real land and selling it at a higher price, you are buying virtual land. Domains are in essence the real estate of the digital world. Here are some factors that makes website flipping so profitable.

Low Cost

It costs only $10 a year to register a domain. As you can see, the risk factor is almost non-existent.  The only other expense would be a hosting account – but you already have one. All that’s required is to post some content for search engines and then wait. The higher the website ranks on search engines, the more money it’s worth.

Generates Passive Income

While boosting the value of a website, you can use it to generate passive income. Some examples would be to utilize affiliate marketing, join networks, sell eBooks, post Adsense ads – the list goes on.

Learn While you Make Money

Why pay to learn when you can learn while getting paid? Flipping just a single website will teach you new and valuable lessons. Some examples include search engine optimization, social media, link building, and internet marketing. These are things that millions of people all around the world pay hundreds (if not thousands) to learn.  The longer you flip websites, the better you will get at it.

A Step-by-Step Guide to Flipping your First Website

Finally, we get down to the nitty gritty. Flipping your first website can seem like a daunting task if you’ve never done it before. As I’ve mentioned several times already, look at it as if it were real estate:

Domain = Property

Website = Home

Ranking = Value

That’s the easiest way that I know of to explain this to you. In essence, you will be buying a brand new domain (aka. the property). You will then build a website for that domain (aka. building a home on the property). Finally, you will increase the value of your overall property in order to sell it for the highest amount possible. For real estate, you would be forced to depend on several outside factors like growth of neighborhood and the value of the surrounding property. With virtual real estate, you are the one who will ultimately determine the value of your domain and website. This is determined through the quality and volume of traffic. Let’s start at the beginning:

Step 1: Choosing the Niche

Naturally, you will need to determine the niche you want to base your new website on. For your first attempt, it’s best to stick with the same niche that is used on your main website. The reason is because you’re still in the learning process. Don’t put too much weight on your shoulders.

Step 2: Choose your Domain Name

Use the same process that you used to determine the domain for your first website. Just make sure you name is catchy and not something too generic. After all, you will be selling this at a later date. This time, you should be more concerned with your keyword phrase being in the domain itself. 

Step 3: Hosting for the Domain

Since you have unlimited hosting on your account, just set up the domain on your own hosting account.

Step 4: Building the Website

Find a great WordPress theme and install it on your new domain. Use WordPress because it is the most popular choice and you want to cater to others, since they will be buying it later. Try searching for other websites related to your niche to see what the competition has to offer. This will give you a good idea as to the theme to use. Once you have installed a WordPress theme, you’re ready to add content.

Step 5: Add Content

Just as you are continuously doing with your main website, add high quality content to this website. Utilize the same strategies as your main. The part that some people have trouble with is balancing two websites. Just keep in mind that your main is a long-term endeavor while the sooner you can flip your new one, the quicker you will be able to collect a huge payment. The best way to maintain a balance is to plan on adding new content to your main about once a week – maybe even bi-weekly. All other time should be spent putting content on the website that you’re flipping.

Flipping your first website will be the most difficult. Once you finally sell your first, you can use some of that profit to outsource the work. Once you make it to that point, you will start seeing big profits. Furthermore, the workload will decrease over time, allowing you the opportunity to focus on other ventures.

Step 6: Monetize the Website

Even though you are planning to sell this website, there is no reason why you shouldn’t monetize it while building traffic. Not only will it give potential buyers added incentive to purchase the domain, but you will generate income while waiting on an acceptable bid. It’s a win-win scenario and perhaps one of the best things about flipping websites.

Step 7: Put the Website up for Sale

Although many wait until the website starts generating a profit to post it for sale, I believe that this is best done early on. Once you have a website up and a few posts, go ahead and put it up for sale. This gives it more long term potential and more time for individuals to notice it.

Step 8: Finalize the Sale

Finally, it’s time to cash in on your hard work. Once you have a buyer, you will need to transfer the domain to them once payment is received.

You’re done!