Over the past few days I’ve introduced you to a new way to make money from online publishing and shown you how it has made a profit for me…as well as giving me so much more personal freedom. But I guess you might still have some questions about doing the same for yourself. Let me try and answer some of them.
Q. Who would want to read my magazine?
A. First you need to acknowledge that you have valuable experience and information that people are searching for. They want advice. People are reading about all sorts of things online…from fashion to finance, from buying cars to creating crafts. So choose a subject that you have experience in and are passionate about.
Q. Do I need to know a lot about online technology?
A. No way. I am slightly embarrassed to admit, that I am probably the least technical person on the planet. However, with today’s incredible technology someone like myself can master programs like WordPress (runs websites) and AWeber (runs email systems).
Q. How much time will I need to put into this to make money?
A. In the beginning you should invest at least 10 hours a week. Once you are up and running you can work as little as four or five hours a week. Or if you want to build multiple magazines, you can ramp it up. It is entirely up to you.
Q. How do I make a profit?
A. One of the best ways to monetize your online magazine is through affiliate sales. I run weekly essays from expert writers and they usually have some kind of product they sell, so I include an ad for their product underneath the article. I am an affiliate for the products sold by our experts, which means that when one of our subscribers buys—using the links in our issues—I earn a commission on that sale (usually 75%).
Q. Are there other ways to make money?
A. Yes, you can put on webinars and teleconferences that you charge people to attend. Straightforward advertising works, too—companies will want space in your magazine and on your website.
Now that you have the scoop on how easy it can be to set up your own “Inbox Empire” from anywhere in the world, what are you waiting for? Discover how to tap into an online income that’s 500% more profitable than blogging.
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