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Turn Your Passion Into profession - Learn To Monetize Your Skill To Create 5 To 6 Figure Income Online
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If you do what you love to do as a profession, you won't be working at all in your life.
What are you an expert in? Maybe, like so many people who show up here on Learning skills, you have deep expertise in a profession or industry and are now looking for new ways to monetize your expertise.
Turn your expertise into a business model
Once you’ve chosen a subject (or several) that you feel comfortable teaching others, it’s time to develop a business model. A business model unites the value you provide to a specific audience with a way of capturing revenue in return for that value. In plain English, it’s how you make money online.
That’s it. All you need to do is find a way to package and position your knowledge and then identify people willing to pay for it. Of course, in practice running a business is rarely that simple, but that’s the foundation from which to begin.
Any expertise can be monetized, and one of the great things about making money online is how many options there are to generate revenue, and how democratic the process is. Anyone can become an edupreneur provided they can find the right model for delivering their expertise.
There are several ways to monetize your skill online, and in this article, you will get to know the recipe for the success of your dream life with your dream job, and still, if you hesitate to even try, then I must say you need to have a fire to cook the recipe, so you can taste the success.
1. YouTube Monetization:- YouTube is considered to be the biggest video streaming platform, and a lot of new creators aspire to start their journey there. If you have an interest or a skill in a particular field then Youtube is the best place to share your experience with the world and in exchange, you can literally make millions Toin so many ways.
In order to make money from youtube, you should have 1000 subscribers and 4000 watched hours in the last year to join the program. Reaching these numbers doesn't happen overnight. It takes time and works to reach 1000 subscribers, so you won't be able to use Adsense to make money from the beginning of your channel.
YouTube in itself has become one of the High-Income generating platforms, All you have to do is to be consistent in creating content.
Here I came up with other options to make money from youtube,
1. Affiliate links:- Becoming an affiliate is the easiest way to make money on YouTube without Adsense. You can advertise products in your videos and encourage your viewers to buy the product by adding a link to the product in the video. You will be paid for every purchase that came through your video links.
2. YouTube sponsorships:- Sponsorship is another great opportunity to make money. For this, you should have a certain fan base. Getting sponsored by a brand means that you get paid to promote the said brand in your videos.
3. Selling ebooks:- People love books in digital format because they are easy to learn on the go. Writing books or selling books using a YouTube channel is a great way to put yourself out there.
4. Sell courses:- If you've mastered skills in a certain field, you can put together a course and make money on YouTube by selling it. Lots of independent tutors/educators earn money through online tutoring.h
2. Search Engine Optimization:- Search engines like google, yahoo, safari, etc. Learning SEO can be a great way to make monetize your skill. Once you have the necessary skills you can start ranking your own blog, and websites to monetize your skill or explore other ways to make money with SEO.
Learning to monetize your skill with SEO business isn’t a fast path to online riches, but it can be an incredible way to make money online.
Plus, there’s no limit on how much money you can make if you use your SEO skills to build, rank, and monetize websites.
To get success in each & every method that I'm going to explain, The main rule is the same and that is "consistent in content creation".
Here are ways of making income with what you love to do the most through Search Engine Optimization:
Set up a Blog and Make Money From Ads:- One of the easiest forms of blog monetization is paid to advertise. All you have to do is, learn SEO and start creating content as a blogger with your expertise in a particular niche that you love to master.
Once you have enough content & traffic coming to your blogging website, you can add google AdSense to your blog and sit back with keep posting content and let google create your income for you.
Some of the most popular forms of paid ads include:
- Google Adsense and similar providers like Media.net
- Custom banner ads
- Sponsored content
Monetizing a blog via paid ads is one of the most passive models in existence since you’re getting paid on the volume of traffic and clicks. Keep in mind to monetize your skill off SEO with advertising you’re going to need a very high volume of traffic and that will come when you'll learn things about SEO and how to optimize it for better results.
Set up a Blog and Make Money from Affiliate Sales:- Affiliate marketing is one of the best ways to set online passive income in this era of digital marketing. When you start a blog on a search engine and it gets a great amount of traffic, you can choose to add some affiliate links to your website that are related to your content, and this way you can make some great income as a commission.
With affiliate marketing, you promote high-quality products in exchange for a commission when someone decides to buy through your affiliate link.
There are some affiliate programs that you can join and generate your affiliate links and the more people come to your blog and decide to buy a product you recommend, you will get paid for each sale.
Build an eCommerce Store and Sell Physical Products:- You may be thinking what rubbish, running an e-commerce store is not an easy job, well in today's world you can create your own e-commerce website in a few clicks and add a number of your own products in few clicks and above all, you can add logistics for pick & drop service and all of it, you can do within few clicks.
Just the marketing makes all the difference, whether you are a small business owner or a big business owner.
If you have a skill let's say, Dancing and you made a CD of your choreography for the beginners to learn dance, you can actually sell it.
You can make your own website or you can register yourself on amazon and sites like amazon as sellers and simply list your product on their website.
All you have to do is, create content and reach out to more and more people to promote your product.
Building an eCommerce store has all kinds of benefits like:
- It’s a legitimate business model with a very high-income ceiling
- You have full control over your brand
- The eCommerce market only continues to grow year after year
You can even start your online store on Whatsapp for business and therefore, Running a business has become that simple these days but more competitive though. But who can stop a hustler?
Build an eCommerce Store and Sell Digital Products:- Same as selling a physical product, you can sell a digital product too. For example, online courses, downloadable, printables, CDs, ebooks, etc.
3. Social Media Business Pages:- Social media be it Twitter, Facebook, YouTube or Instagram has become the most popular platform by hundreds of millions of users all over the world. This has opened up opportunities for companies & online influencers to connect with customers, allowing them to maximize their business income.
Every social media platform gives so many opportunities to the creators to monetize their channels. For example, they let you create your own business page with your logo and branding content and once you get a certain amount of followers, you can then monetize your business page with sponsor ads, affiliate links, selling your own products, promoting other businesses on your page, and becoming the ambassador of other big brands under your related niche.
Pick any of your favorite social media platforms and start building your brand for getting recognized as an expert in your skill. Gain as many followers as you can and start monetizing your skill with all the opportunities you get on the platform.
4. Work for free to gain experience and feedback:- Once you know what you love doing as a profession, the next thing you can do is, find opportunities to gain experience. The more experience you get the more money you gonna make. So for beginners, the best exercise to gain work, experience, and authority of your expertise in. a particular field is to work for free, as much as you can.
This is the only way to earn experience, trust, future clients & customers to monetize your skill.
Above everything when you get to experience positive feedback, you raise your value and when you will decide to charge people for your service, your value will be much higher than what you expect right now.
After all, an expert is an expert, and people pay great income to the expert to handle their queries. so be an expert by working as much as you can.
5. Become an influencer:- Influencer is a person who has a particular niche or interest and tries everything in that niche and then simply shares his experiences with the world. As much as you be out in the world with your expertise about a particular subject, the brands related to that field will come to you and ask you to promote their brands, and in the process, if you can make a great income out of it.
To each and every option explained above, The rule to success is just one and that is, to be consistent and keep creating content to reach out to more and more people. That's it. once you have the power of people on your side, money will be just the consequence of your success.
I hope you liked the article and if so let me know in the comment. You can save & share this article with your family & friends to encourage them to live their dream. Because when you do what you love, the content will be created automatically, all you have to do is, give that content a marketing plan to monetize it as your profession.
building a brand
Digital marketing career
High-Income Skill
online career
Search Engine Marketing
skill development
skill monetization
social media marketing
Starting a business
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