A Simple Strategy to Make Money Online with WordPress
Let me start with a small disclaimer - I am about to discuss a strategy for making money online that I advocate but have not yet explored in full for myself :-) The strategy is very simple - build a small site with WordPress that earns a little money, then repeat the process over and over… It’s so simple and so obvious that it hardly seems worth blogging about but I think that many people over-complicate things and overlook the simple stuff.
My ebook that I recently released is all about developing small niche sites using Wordpress and in the ebook I briefly discuss some simply monetization options such as AdSense and affiliate marketing. I don’t really discuss the money making aspect in the book that much because I haven’t made very much money myself yet but I am convinced that it is a sound strategy which is why I wanted to blog about it in a little more detail.
Authority Sites v Small Niche Sites
I’ve had a lot of feedback from the book and a popular opinion is that it is better to concentrate on building a single large authority site rather than invest the time and energy into many small sites. Personally I think that both strategies can be highly profitable but it is not easy to build an authority site unless you really know your subject well. I have pondered this dilemma many times and I am yet to come up with a topic that I think I know enough about to build a really good site.
However, I have enough interest in many smaller topics that would allow me to knock up a small niche site with perhaps a dozen pages of content. Not only that but a small site like that can be developed using PLR content so that you don’t even have to know your subject if you don’t want to.
By definition, if you want an authority site, you need to be able to consider yourself an authority on the subject! Having a small site with just a few pages of tightly focused content allows you to relax - you don’t have to be an expert, you don’t have to write about the subject every day, you don’t have to be able to answer people’s questions. You can just knock up a simple site that provides good value to its visitors, ensure it gets traffic and monetize it.
The Key to Residual Income - Assets
We all want a residual income right? That’s an income that is not in proportion to the amount of work you do. Day jobs are not residual - you don’t work, you don’t get paid. Freelance and client based work is not residual - you don’t have contracts or clients, you don’t get paid. Blogging is not residual - you stop posting, you don’t get paid. Okay so your blog can survive with a posting break for a while but if you stop blogging altogether then your blog will eventually die.
So what kind of web asset can provide a residual income? One that can continue to generate revenue long after it has been established and requires no maintenance - or at least minimal maintenance.
In my WordPress ebook I walk you through the steps to setup a small niche site and I wrote it by doing the process myself and documenting it with screen captures as I went along. The bulk of the book and thus the site itself was built in a few hours. However, I didn’t write the content - I used PLR articles. If you are writing your own content then that will be your most significant time sink.
But lets crunch some numbers here. I am sure that most people could create a decent niche site in a week, working part-time. The goal is to drive enough traffic to it to earn say $1 a day. If you repeat that process for a year and each site earned that amount you would have 50 assets that combined are earning you a total of $1500 a month. That may not sound like much but remember that the maintenance is minimal so that money is coming in regardless of whether or not you continue to build sites.
The Issue of Scalability
In my opinion, the biggest problem that any business faces is one of scalability. I’m sure many of us want to make BIG bucks online and not just a basic income so to do that we need to find business ventures that can scale in some way. This scalability factor is the reason why I advocate making static sites that can be forgotten about once created, rather than creating blogs that require regular posts to continue to provide value.
If you have 50 blogs, that’s a lot of posts to write isn’t it? Well maybe… Let me introduce you to Garry Conn. I first came across Garry’s blog months back and one of the first things I do when I find a new blogger is I have a look at their MyBlogLog account. I checked out Garry’s profile and was utterly amazed to find that he manages over 100 blogs!
How on earth does he do that? And does he make any money? All is explained in this post where Garry assures us that money can be made online. I mentioned above that a goal of $1 a day is something to aim for and that is exactly what Garry did. Not all of his blogs earn that much but one of them makes $40 a day and another almost $100 a day! Garry makes over $5000 a month from his blogs!
Garry likes to blog and all of his sites are blogs. I recommend making static sites but there are advantages are disadvantages to both methods. I go into more detail about this in my ebook but basically, if you can build a site that attracts some search engine traffic and then monetize that traffic, you can repeat the process and build up to a large income online.
Managing All Those Sites
However, I’m sure you are seeing a problem here - the maintenance of the sites. Aside from the content issues there are technical issues with WordPress. It needs upgrading from time to time, plugins become out of date etc. In my ebook I explain how to do all this stuff but it’s very manual and of course you have to repeat the process for every WordPress installation.
WP ManagerDX2 is a tool to help you manage all your WordPress sites from a single control panel. If a plugin becomes out of date rather than logging in to each site, uploading the new version of the file to every domain you do it once and the manager will update ALL of your sites at once.
Conclusion
Let’s outline this process step-by-step:
- Pick a topic
- Do some keyword research
- Write or buy some articles on that topic targeted to those keywords
- Use the articles as your site content
- Monetize the site with ads of your choice
- Allow the traffic to come in from search engines
- Go to Step 1
Another advantage to this method is that it allows you to start small. It can be overwhelming to try and start an authority site but with this method you can develop one small site and then move onto the next.
I’d be interested to hear your feedback. Do any of you manage multiple sites? What kinds of sites are they? What issues do you face and so on?
If you've enjoyed reading this post then please subscribe to my Full Text RSS Feed.












Nick Sanders
January 21, 2008
Caroline,
A great article and one area that I’m working on at the moment. I’m too an avid reader of Garry Conn and I think he’s got a lot of knowledge to pass on. I know you are concentrating on a static niche site, but I think it’s easier for me as a newbie at setting up a bunch of niche sites to use a blog, have all the plugins (all in one SEO especially) and publish the content daily with the wordpress time stamp. I’m not saying that I would post everyday, just at the start I would release the posts each day so google and other search engines would know to come back and quickly index my new pages.
Also, thanks for pointing me towards the WP Manager, looks like it might be a good resource to manage the different blogs from.
I’d also be interested how much you would re-write the PLR articles for SEO?