Looking
for ways to make money online can sometimes lead you down some dangerous rabbit
holes. Many of the money-making schemes you find on the internet are scams or
require a significant investment far beyond what you can afford or earn from
it. However, if you’ve got a WordPress
blog and some basic knowledge about how to use it to its full potential, you
may be able to make more money than you first thought. Here are a few of the
many ways you could profit from WordPress.
You
might need to search for ‘CPA near me’ to ask an accountant for help on this one,
but starting your own eCommerce business on WordPress could be a viable
money-making option. An accountant can shed some light on your tax requirements
and can even advise you of your business idea’s viability before you put too
much time and effort into it.
However,
if you’ve got a desirable product to sell that you believe the masses will
appreciate, getting started with eCommerce on WordPress is straightforward. You
can add a shop to your existing blog and use the WooCommerce plugin. There are even WP tutorials available on how
to use it to its full potential.
If
you’ve written a book, an online course, or have the skills required to host a
webinar, then you could turn any of those things into money. WordPress is an
ideal platform for selling digital products, especially with an abundance of
plugins to support your venture.
There
are plenty of WordPress eCommerce plugins designed to make it easy for you to
sell digital products like books online, with even more WP features to market them and help you earn as much money
as possible.
If you
want your profit margins to be much higher, selling online courses may be more
to your liking. You could even write a book on how to sell online courses once you have successfully done so
yourself. MemberPress is an ideal plugin for creating the course,
while a learning management system plugin will enable you to deliver it to your
waiting audience.
Some
people make it a hobby to build WP websites and utilize as many of the desirable plugins
as possible. Sometimes, just tinkering with the settings is a fun way to pass
the time. You could turn your hobby into a moneymaker by becoming a website
flipper.
Use
your WordPress skills to your advantage by crafting a blog and building up
traffic to it. Before long, it might be that much of a success that you can
sell it for a profit and begin the whole process again. There are websites
dedicated to the buying and selling of websites that you may like to check out
first.
If you
have managed to get your blog to the point where it has consistent traffic, it might be time to explore your options
around membership-only content. Such a moneymaker can be suitable for bloggers
who consistently find themselves with interactive content that people enjoy –
and would happily pay for. A MemberPress plugin can provide helpful
instructions on how to create a WP membership website. You may then be able to
start earning consistent income through subscriptions each month.
It’s
important to talk to an accountant when you are thinking about selling digital
products because of the upfront investment and the need for advice on business
viability. Offering online services is a little bit different because it
doesn’t require you to buy products or materials. You simply have to invest
your time. The goal here is to have people buying
that time.
You
can offer many services in the digital world, such as consulting, freelancing,
and coaching. There are also a plethora of different WP plugins for all of
these services to make the process easier, such as those for billing, requesting quotes, and making service
appointments. Whichever digital service you plan to provide, you will also be
impressed by just how many website designs cater to your needs. The hardest
part will be choosing which layout will suit your branding the best.
If you
have worked hard to generate consistent traffic to your blog, you can use that
customer interaction to your advantage by crafting an auctions website. You can
even run auctions on WordPress itself, as long as you download WooCommerce and
an auctions add-on.
If
you’re going to be welcoming third parties to sell their products through your
auction site, there is even a multi-vendor add-on you can include. Before long,
you may be making passive income by taking a cut of the profits from what
people sell through your site.
Anyone
with programming and scripting knowledge and skills has the potential to make a
considerable amount of money from their talents. With these skills, you can
create WordPress plugins that people need to create their dream website. You
can then give your plugins away, ask for donations for them, or sell them if
you believe they are something people would pay money for. WordPress makes it
easy for people to add plugins to their directory, so it might be worth
brainstorming some exciting features you believe people would enjoy.
For
many people, maintaining a blog is a passion rather than a way to get rich.
It’s where you might share some of your hobbies like photography, or you might simply use your blog as a place
to share your emotions. With enough traffic and a loyal following, you may see
the value in adding a donations button to your site. This can be done through
Stripe or PayPal. Stripe and PayPal charge a fee for this transaction. You can calculate the fee using a stripe fee calculator or a PayPal fee calculator
You can then frequently remind people throughout your blog content that it’s
there for them to support you if they wish. You might not get rich with a
simple donate button, but it can be an excellent way in which to at least cover
some of the costs associated with your website now and into the future.
WordPress sites can be a labor of love, and
they likely won’t make you money overnight. However, as you work on traffic
generation and begin interacting with your page visitors that can slowly
change. Any of these avenues above could be how you start making a monthly
income and growing your site beyond your wildest dreams.