subject: Revealing My Niche Duel Challenge Money-making Strategies [print this page] Niche Duel: Revealing My Money Making Strategies
In todays tutorial, Im going to be focusing on talking about the niche duel challenge with Pat Flynn and in this particular tutorial, Im going to be sharing with you some of the money making strategies or money opportunities that can be made from niche websites. So what I want to do firstly is to give you an overview right now of what my sites doing and Im going to jump into a nice little diagram Ive drawn specifically for this challenge. All right so lets talk a look.
Currently the 3daydetoxhq is my niche site that Ive created here and if you just take note on the right hand side, Ive got few things that have been happening. Ive got the right hand side which has got some banners and then the recent posts and then some affiliate links and so forth. Then on the left hand side is all the content. So this is whats been happening for the last few weeks since weve been doing. My virtual assistant has been writing consistently content and just posting onto the blog and also writing up all the backend stuff as well. Now you might be wondering how do we start making money from all these?
How We'll Start Making Money
Even though Ive got a team behind me, this does take time and to implement something like this because we have multiple projects going at the same time. So let me just show you right now, Ive drawn up a diagram. By the way, this is specific only for this. This is my concept, this is my idea that Ive put together. And, feel free to copy it, this is what I want to be able to share with you. And, if Pat, you can see this take it on board as well too because by doing this, this will give you an idea of how to go about monetizing niche site.
Ive already created the niche site which basically is the 3 day detox site. And, on the front end lets actually firstly label this. This is the front end right here, this whole section. Ill cirle it for you. This whole section is the front end and this section here is what we call the back end. All right, so Im just going to remove that again. But the most important thing I want to start off with is firstly the front end which is right over here. And, as I mentioned just briefly just a moment ago, I was talking already on my side bar where Ive got some private banners, Ive also got some Google Adsense and also affiliate programs. So let me show you exactly where they are. All right so Ive talked about this, see right over here, these are some of the banner ads that Ive been putting here. These can be either private ads or these can also be ads that you get from affiliate programs so when people click on it, youll get affiliate link and if youve got some buyers, youll get say a percentage of sale or commission.
Then Ive also got Google Adsense here on the right hand side, which I know that Pat has also implemented recently as well and has been doing recently good start from it. This something I personally havent been using, Google Ads Ive tried in the past but my personal opinion, you dont really make very much money but you know, if you have it there and youve got space to put on your blog or your niche site, go for it just to test to see if it works for you. In my opinion I would probably go for affiliate programs which Ill probably provide a list at the end because there are some of the affiliate sites that Ive gone to e.g. like Commission Junction, Azgoogle, Clickbank, those are some of the affiliate sites that Ive signed up to and currently my virtual assistant is looking for specific products there. Even Amazon.com is also a great site to be able to make commission sales from.
Focusing on Making Money at Back End
And if you want to get really good serious advertising, you really need huge, huge amount of traffic like Im talking lots. And you have to be a major website out there to actually make it worthwhile for you. But in this challenge, I guess the main goal for us is to just make few hundred dollars a month so that this website can be on automation so that it can just generate passive income. So I just thought Id add that in, thats just something that you can implement. And, Im only just doing it really minimal and passively, Im not really going actively out there to try and find advertisements to put onto my site.
Thats not really what Im focusing on. What Im focusing on is mostly the back end stuff, so this is here right here okay, you can see right there. This is the back end. And, what Im going to share you right now is just the strategy which you cant really see on the front end because what you see on the front is what you see on front. But the back end is actually what happens and what makes money and will recursively making more, more money if you setup correctly.
What's Inside 3DayDetoxHq Back End?
So the first thing as you will notice is on the niche site, Ill just jump back over here. Is, youll notice right over here on the right, theres a subscribe today and get your free 3 day detox diet plan. Now when somebody subscribes which is over here in this part, what will happen is that were setting up right now a one-time offer and what that means is that Im going to offer a one-time offer of buying this product say maybe $27 or maybe a $1 trial to tryout a product. That way, I can actually get people whoever sign up out of the percentage of people usually get about 3 to 4% who convert to buy, and those three to four percent will pay a dollar amount to be able to purchase that one-time offer. Ill give you an example.
A one-time offer is something that says, This offer is only valid at this one time. If you decide to take it up, youll get it for $1 right now. And thats basically a one-time offer. And thats what Im implementing right here in this part when people sign up. If they decide nope, they declined theyll move on and theyll get added to the emailing list. And that emailing list is basiclaly gold. If you can build up a prospective list where theres people who got relationship with you, then you can literally promote anything to them. And this is where the power of the backend comes in. So Im going to show you right now exactly what Im talking about. Im just going to highlight this whole section here. This section is really, really crucial.
So Im just going to go through a few particular concepts that you can probably implement in a niche site. A niche site can consist of things in the backend that you can sell is ebook, which basically is a product and you can sell for like $27, $37, anywhere up to like $77, $97 just depends on how powerful your product is and also how influential it is and also how big your market is willing to pay for it. You can also setup a membership site course which basically takes them through and they pay recurring monthly fee, $47 up to like few thousand dollars if you want on a monthly basis. You can sell them private advertisements which basically comes back to private banners on the front and you can sell different things to them. About that, you can also sell audio interviews and also physical products. So for example in this niche that Ive targeted, the 3 day detox I could sell protein powder, I could sell health supplements, anything related to those things. And these are potential things that you can sell to your market.
By offering to them those different types of products, you dont need to handle them because if youve got an affiliate or company that distributes it for them, you make 50% commission, they do all the back end work customer service, dispatchment, etc. And, thats something that is very, very powerful if you know how to implement and this is what Im just sharing this with you, this is where were basically be heading down. And Im going to be trying to be focusing on this to try to make money for the niche website.
You Can Start Off Too!
So I hope that in this video that Ive just shared with you right now, you can see how conceptually this is going to work. And Im going to, Ill put a link to this diagram, youre most welcome to download it and use it. And, I love to hear your feedback on if you can think anything else that you want to add to this, any new things that I havent thought of or any things you think that can help make money.
And I think right now, both Pat and I are on the money making scheme of things because weve focused quite a lot on producing content and weve focused on building backlinks and weve been focusing on just getting the site to look and rank on Google but I think the most important thing now is to start thinking about when do we start making money because this is going to start paying itself off in the long term.
