Top 2 Blog-Related Business Ideas – What Can Work For You

I love blogging. Beside offline consulting, blogging is the other best business ideas that anyone can easily start from home.

In fact, if you have been reading the news about Google Penguin update, there has been a lot of worries and guesses what still work and what no longer work. Still, most people are still trying out blogging because there are so many millions of sub niches to make money from. Use this free tool – Google Keyword tool to find your sub niches.

By now, you should know what blogging is and how it can make money. These are a few ways
– Adsense
– Amazon affiliate
– Clickbank affiliate
– Private ad sale

Blogger Gary Sieling put together this graph of the most-mentioned revenue generating partners for 76,000 Flippa auctions.

So in this blog post, I want to share with you the big picture of 2 niche business ideas in 2012.
(I will also be sharing some very specific numbers so you can work on your first blog or improve your blogs right after reading this blog post.)

1. Small Niche Sites

In case you are wondering what a small niche site is, this is what a small niche site is made up of.
– 1 Primary article consisting of 800 words.
– 5 Secondary articles consisting of 500 words
– 1 Contact me page
– 1 Privacy Policy page
– 1 Sitemap

Objective: To rank one keyword of the Primary article on first page of Google and to earn money through Adsense or selling affilitate products in Amazon or Clickbank.

Keyword criteria:
1000 or more exact match
$1 or more CPC (for Adsense)

What you can use a niche site for:

– To flip it for a higher price. Normally, the selling price is at least 20x its earning value. If it has an earning revenue of $50 per month, it’s selling price should be around $1000 (50 x 20) Sometimes, the selling price may be higher if you are selling to small medium companies which are in the same niche as your blog.

If your blog is in drug rehabilitation niche, a drug rehabilitation centre may be interested in buying your site.

– To grow your blog further. You can continue to add more articles, capture opt-ins to grow your subscribers list and to build a social community such as creating a Facebook fan page. Naturally, with more subscribers, traffic and probably more revenue, your site’s value will definitely increase. And your small niche site will grow into a very big website called an authority site.

2. Authority site

As mentioned, authority sites are very big sites with lots of content. However, having lots of content is not enough. It must have good quality content so that your readers will return to your site. With higher traffic, you can consider selling advertising space in the form of banner ad or text link ad in the blogroll or in the content.

Objective: To build and grow it into a mega monster so that it can bring you a monthly stream of passive income either through selling of ad space or selling products (affiliate or personal)

In the next blog post, I will be reporting the exact steps our team has taken to build our small niche sites. We have been always wanted to start something from scratch so that anyone, including you can easily duplicate our strategies and take action instantly.

Yes, I know most of you may be thinking of “Not another blogging topic.

However, this series of blog posts is going to be different because we are going to do it differently next time.
Criteria 1 – Build a clusters of money-earning sites which we will want to sell to our customers

Criteria 2 – We will be building our sites as a team (no more one man show and we will be showing you where you can get yours.)

Criteria 3 – Using a proven strategy to get maximum result within the shortest possible time (3 to 5 months)

Criteria 4 – Generating a continuous passive income stream using this one business model

What do you think of these 2 business ideas? How useful are they? Do you think it is easy for you to implement? I love to hear from you.

If you have any question regarding any of the steps, do leave your questions below and I will get back to you within a day.

Starting Your Offline Consulting Business, From Scratch

Hi, I’m back. Sorry for not having been updating my blog for a while as I have been pretty busy being a stay-at-home-dad and spending lots of time taking care of my daughter. Being a parent and juggling my online business is not easy and I have made some tough decision to take things slowly and focusing on what I feel is more important to me right now.

So now, I’m back and I promise to share more about what I have been doing so you can benefit too.

I have received some emails asking me about how one can start building his offline consulting business and the questions which were asked were pretty similar.

Here are some of the questions:
– Where do I get prospects?
– How do I know what kind of services to sell?
– How can I get my first customer?
– Where can I learn about offline consutling?
– How do I make money from it?

During the past few months of “disappearing”, I was also helping out some of my students in their offline consultation business and they have successfully clinched their first projects with many more to come.

Here is exactly what my students did and this is something you can easily follow too, if you are looking for fast cashflow.

Step 1. Go through these 5 days free marketing e-course and watch the training videos at http://yoursalesplan.com/ (Just sign up, it is 100% free.)

Step 2. While going through the 5 days training, think of your direct network and those people who you know need online services.

For example, one of your friends, who owns a shop selling shoes, is keen to get an e-commerce website. Or one of your existing customers need a website to promote his home interior design service.

What you should do is to list down at least 10 names and the type of services they will require.
For example.

James – setting up a website
Susan – setting up a Facebook fan page
Travis – search engine optimisation service
John – redesign of his website

What this will do for you is to open up a list of business opportunity with the people You Know. And what matter most is they trust you and will more likely do business with you.

Step 3. Once your list is up, contact your prospects within 24 hours. Drop them an email like this.

“Hi James, this is John here.

How have you been?

I have recently started an offline consulting business and wondering if you know of anyone who will need more online exposure or will need a new website.

Thanks,
John”

You realise that in the email, you are not asking for business directly from James. It is less intimidating and intrusive. You are in fact askinf for referrals. And if James know of anyone who needs your service, he will know who to refer to. Yes, that person is YOU. And knowing James may need your service, he will know who to contact. And yes again, that person is YOU.

Step 4. The next step is to do consistent follow up.

When you are new and are just building your customer base, you will not likely have a proven track record. So you need to be genuine in helping your prospects out. Offer free consultation and show your prospects how much you know and care about his business.

However, having said this, not all your prospects will become your paying customers. Maybe only 10 to 20%. And this means that out of 10 prospects, only 1 to 2 will become your customers.

So the trick here is to keep on contacting more prospects.

Congratulation! Once you have reached step 4, you are and should be making some money.

What do you think of the 4 steps? How useful are they? Do you think it is easy for you to implement? I love to hear from you.

If you have any question regarding any of the steps, do leave your questions below and I will get back to you within a day.