Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant products.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
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.
This is my first comment on this blog. Thanks for sharing this lovely. I am a student and I am already using some listed above like odesk,99 designs and freelancer. I would like to list a service that helps to earn more. There are many websites that give money for shrinking and sharing that url like adf.ly. I recommend to try it out and I make a decent amount from it.