(reference : Dan Lok)
I want to share with everyone one of the internet leading KOL on wealth creation in which I find he puts a lot of everything in good context and summaries points. Enjoy!
6 Types of Websites that you can make you money
You will need different websites depending on what your objective is.
The only purpose of a website is to contribute to the profitability of your business.
How do you know you are doing the right things? You have to test it. How is the marketplace reacting? Look at your Google analytics. The customer is the marketing genius you can learn a lot from them. Put it up and test it.
1. Authority Site
A site that’s respected, has deep content, that’s useful, relevant and coming from a voice (or voices) that’s respected in their particular market.
Authority sites focus on delivering high quality information to teach, inform, and the best among them entertain while doing it.
High traffic site / traffic machine.
People go back to it again and again.
Has high quality info.
Updates all the time, everyday.
Authority sites require a lot of man power
2. Membership Site
Members pay a monthly membership fee to be part of the site, and get access to premium content.
The whole idea behind a membership site is to build a website that serves as an outpost for a community of people who share a common goal or interest.
Premium content or community site.
Service a niche.
Why do people pay for these sites even though the information is on the internet: Nicely packaged, well organized, information is high quality, edited best or cutting edge.
3. Niche Blog Site
A niche site is a website that’s usually built to serve a very specific market niche. If you’re able to build one that ranks, and you get traffic, it can be a nice stream of income.
Build one that ranks. Everyone of us can do this to benefit our business.
Post 1 – 2x a week.
Post content that would interest your target audience.
4. Lead Generation Site
A website that brings you qualified and focused traffic that you can convert into new sales or opportunities profitably, month after month.
A lead generation website is designed to encourage a user to opt-in, fill out a form or request more information.
Brings you qualified traffic. Capture traffic that is looking for what you offer.
Encourage viewers to call or opt in.
Give away free information for an email.
Add value first.
5. Personal Brand Site
Creating a personal site where you consistently demonstrate your competence, knowledge, skills, and abilities.
It’s a great way to grab attention and differentiate yourself from your competitors.
Demonstrate your credibility and knowledge.
What will you find when you google your name? Good things, Bad things?
6. E-Commerce Site
E-Commerce sites are a great way for small businesses and entrepreneurs to expand and build ways to do business online.
You want visitors to buy online. Relevant topics to drive traffic. These websites are really expensive.
Other information
Understanding your market place is where all your wealth will come from as an entrepreneur.
Example: The China market uses WeChat & SMS over Facebook. You can’t access google and YouTube in Mainland, China.
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