Authority sites (also known as niche sites) are one of the most profitable ways to generate an income online. In fact, this is by far the most popular business model out there.
With millions of sites on the internet running adds or having affiliate links or selling products – these niche sites are definitely profitable if you know what you’re doing.
The good news is that this business model works. The bad news is that it has many moving parts that need to be in alignment for it all to work smoothly.
How much time do you have?
When you build a niche site, you’ll be hoping to rank for keywords in the search engines so that you can get free traffic. Some niches are highly competitive and extremely difficult to break into, others are less competitive and easier to succeed in.
Whatever the case, it will take time to make money with niche sites. It takes time to get spidered, time for Google to rank your site, time to build enough content to generate traffic… time… time… time.
This is NOT one of those online business models where you’ll see quick results. You’re in this for the long haul. It may take you anywhere from 6 to 12 months to create a website that sees consistent revenue.
So, you’ll need to ask yourself how patient you are. If you stick with it though, the sky is the limit and in 2 or 3 years, you may have a huge authority site that rakes in thousands a month… and you can even flip it for 12X its value.
Can you create content?
Niche sites is all about content! It doesn’t matter if you create the content or you pay writers to create it for you. What really matters is that your content is informative and engaging.
People come online for information and they want to be entertained too. With the advent of social media, many entities are competing for the readers’ attention… and these days people have the attention span of a housefly.
One small ‘Ding!” from a notification, and they’re gone. So, you must be able to create content that hooks readers by the eyeballs and reels them in. Ideally, you should also have an opt in box for them to join your list.
Have you studied this business model?
To succeed with niche sites, it’s imperative that you purchase an online course that guides you on it. One of the most prominent ones is called the “The Authority Site System” by Authority Hacker.
It provides excellent information on how to get started and scale up. There are other courses such as Niche Profit Classroom. Do your research and choose the course that has the best reviews.
Generally, the good courses are not cheap… and the cheap courses are not good. So be willing to spend more to learn well.
You’ll need to know how to pick a profitable niche, how to do keyword research, how to build a site, how to optimize your posts/pages, how to monetize your sites, how to drive traffic and much more.
There’s so much to learn in this business model and it’s best to take it step-by-step. If you can master building profitable niche sites, you’ll never look back. This is the MOST profitable online business model that has an element of passive income to it.
Decide if it’s right for you, and if it is… do it right from the get-go and in time to come you will be amazed at how much you’re earning and how your sites are generating income on autopilot.