Follow my progress as I build a profitable stay at home business from scratch.
I have several friends who have asked how to build a profitable website in a short period of time. I found the idea worth exploring and decided to build a niche website from scratch following a proven methodology and see how fast I can turn it into a profitable online machine.
The challenge is to have the site ranked #1 in Google for some target keyword(s) and generate at least $25/Day within 6 weeks (45 Days or less) hence my 6 Weeks To Profits Challenge. The ranking on Google will dictate the organic traffic but I may also consider other traffic sources depending on how fast I can rank on page #1 of google.
Build a small niche website, rank it #1 on Google for chosen keyword(s) and/or drive alternative traffic to the site. The final step will be to monetize the site.
The entire process will include niche selection, keyword research, website building, content creation, traffic generation and website monetization.
Why would you want to build a niche website?
Niche websites are a sure way to quietly build an automated online empire. It has a true potential of passive income.
The start up and setup costs of a niche site are relatively low. All you need in the beginning is a domain and hosting account which will cost you anywhere between $3.95 and $7.95 depending on your host company.
Once you have everything up and running, you can start generating income quickly. Sometimes within few weeks as opposed to fully fledged blog sites that may take years to build and see consistent revenues.
Why building a niche website might not be for you
A niche site is not an overnight money making site and the earnings can be smaller compared to authority websites. Having said so, people are making a killing with niche sites by building multiple ones (10, 20+) thus skyrocketing their earning potential.
Depending on your traffic strategy (paid versus organic searches) it could take a bit of time for your site to start getting visitors and you being able to monetize that traffic.
6 Weeks to Profits – Schedule:
Week 1 – Niche Selection and Research
In the first week, I will reveal my strategy for selecting a Niche Market to build the site in. The research part will consist in confirming the income potential of whatever niche I pick for this experiment.
Week 2 – Keyword Research
Week 2 will be all about researching some keywords for the chosen niche. The keywords will drive the content we will create in Week 4.
Week 3 – Website Creation
Once I have picked the niche, confirmed its income potential and done some keyword research, it’s time in Week 3 to start building the website. I will pick a domain name and create a hosting account. At this stage my main site creation platform is WordPress.
Week 4 – Content Creation
I will create high quality content around the keywords I picked in Week 2. At this stage I will not include any affiliate links and/or start any form of monetization yet.
Week 5 – Driving Traffic to Website
In week 5, I will focus on driving traffic to the website. I will review free versus paid traffic depending on how fast I would like to see results.
Week 6 – Monetization, Tracking, Analysis and Revision
This is the final week in which I will start monetizing the traffic from the website and review results. I will adjust the strategy by focusing on what is already working and gettting rid of whatever is not working.
Hopefully towards the end of week 6, I should start seeing some good results from an income perspective. If everything goes according to plan, I can rinse and repeat the process for another niche.
Looks like a good plan! Let’s see how it goes.
See you next week for the Week 1 Challenge: Niche Selection and Research.