WikiHow - Get Paid To Write Articles & The $55,901 Article...
Understanding the WikiHow Business Model
In this section, the speaker introduces the topic of the WikiHow business model and how it generates over $15 million a year. He also talks about how little content creators can learn from this model.
The Steering Wheel Article
- The speaker draws a steering wheel and asks viewers to guess what it is. He reveals that it's related to automobiles and leads to a profitable niche.
- The speaker explains that he will use the steering wheel article on WikiHow as an example of how their business model works.
Making Money with Content Creation
- The speaker answers a viewer's question about making $1000 per month through content creation.
- He breaks down how making $30 per day can lead to earning $1000 per month.
- The speaker discusses how he made over $300,000 from one article alone and shares his list of keywords that WikiHow ranks for.
Dissecting WikiHow's Results
- The speaker emphasizes that you can't argue with WikiHow's results and proceeds to dissect their business model.
- He encourages viewers to smash the like button if they're excited about learning more.
- The speaker goes through his training on using keywords that WikiHow ranks for and explains how small content creators have an advantage over big companies.
Understanding the WikiHow Business Model
In this section, we will discuss the business model of WikiHow and how it can be used to make money.
The WikiHow Business Model
- Big businesses have a lot of waste, while little guys can see things that big businesses cannot.
- The WikiHow business model is based on content articles, information, and ads.
- One of the top-ranking articles on WikiHow is "how to make a video into an MP3," which has been read 2.7 million times.
- If 2.7 million people read an article and 3% click on ads, that would mean about 81,000 people clicking on ads.
- Disney is one of the companies advertising on WikiHow's platform.
- The basic number game for ad revenue is getting x amount of people to read an article and x amount will click an ad.
- If they get 10 cents per click on the ad, then that article made a grand total of $8,100.
Making Money with the WikiHow Business Model
- There is a lot of money being left on the table by big businesses like Disney because they are not providing what users are looking for.
- By doing better than big businesses in providing relevant content and ads to users searching for specific information, little guys can make more money using the same business model as WikiHow.
Understanding WikiHow's Business Model
In this section, the speaker discusses the traffic and revenue generated by WikiHow. They explain how they use keywords to attract traffic and then redirect that traffic to high-paying affiliate programs.
Traffic and Revenue Comparison
- WikiHow generates around 24 million dollars a month in traffic.
- This is compared to another website that generates only 15 million dollars a year.
- The speaker explains that they will show where these amounts come from and why there is such a big discrepancy.
Keyword Research
- The speaker uses the example of "how to write a check" to explain how keyword research works.
- They show that 217,000 people search for this keyword every month, generating 5 million hits on their page.
- The speaker explains how they use related keywords to redirect traffic to high-paying affiliate programs.
Flipping the Market
- The speaker explains how they take easy-to-get traffic and redirect it towards high-paying affiliate programs.
- They give an example of redirecting people searching for "how to write a check" towards banking, credit cards, loans, etc.
- The goal is to make money by flipping the market.
Understanding WikiHow's Business Model
- The speaker gives an overview of how WikiHow works and how writers can get paid for writing articles.
Understanding the WikiHow Business Model
In this section, the speaker breaks down the WikiHow business model and explains how it generates revenue.
The Constant Revenue of WikiHow
- WikiHow makes between 15 and 16 million dollars a year consistently.
- This is a fact that cannot be disputed.
The Average Article Revenue
- The average article on WikiHow brings in about $67 per year.
- However, this revenue is not evenly distributed among all articles.
The 90/10 Rule
- 90% of your effort will not make the most money.
- Only 10% of your effort will generate the majority of your income.
- This rule applies to WikiHow's articles as well.
Focusing on Profitable Keywords
- Focusing on profitable keywords can lead to higher revenue.
- For example, "steering wheel cleaner" has low difficulty but high search volume and can lead to big profits.
How to Rank for Profitable Keywords on WikiHow
In this section, the speaker explains how to rank for profitable keywords on WikiHow and generate more revenue.
Choosing Profitable Keywords
- Choose profitable keywords with high search volume and low competition.
- For example, "how to flip a coin" has high search volume and low competition.
Converting Articles into Slideshow Presentations
- Convert articles into slideshow presentations for increased views and revenue.
- Use video channels like those available on WikiHow to reach a wider audience.
Finding Sites That Pay for Articles
- There are sites that pay writers for their articles.
- Instead of getting paid a small amount per article, focus on writing for sites that pay more.
Making Money with Content-Based Sites
In this section, the speaker discusses how to make money through content-based sites by analyzing competitors and their article structures.
Competitor Analysis
- The speaker analyzes competitors such as wikiHow, Master Class, Wondershare, Handyman SF Gate, and newspapers.
- Newspapers like sfgate.com rank for keywords such as "who called me from this phone number" and "weather."
- Other competitors include The Spruce and How-To Geek.
- Gardening Know How and Live Strong are also analyzed.
Keyword Profitability
- There is a 90/10 rule when it comes to keyword profitability. Keywords like "rowing machine" are more profitable than others like "how to cook ground turkey."
- The speaker emphasizes that there is room for 150 people to make $100k per year in the wikiHow business model alone.
Disclaimer
- The speaker gives a disclaimer that results are not typical or guaranteed.
Making Money Writing Articles
In this section, the speaker discusses how to make money writing articles and compares getting paid per article versus making money on your own article.
Getting Paid Per Article
- Freelance mom pays $75-$100 per article.
- Transitions Abroad pays $100 per article.
- Income Diary pays $200 per article.
- Guideposts Airlines Alaska Airlines pays up to $700 per article.
Making Money on Your Own Article
- WikiHow's business model is a smart one because they created content even though they weren't getting paid at first.
- Companies pay you to write articles because they know that based on averages, by year two, they will already be making a profit on your article.
- Instead of taking the money now, put it in your future bank account and make money every day by creating content that generates revenue over time.
Making Money with Articles
In this section, the speaker discusses how to make money by writing articles that generate traffic and revenue. He provides examples of specific topics that can be used to attract traffic and explains how to monetize that traffic.
Writing Articles for Traffic
- The goal is to write an article that generates $1 per day in perpetuity.
- Find a topic with high search volume and low competition.
- Example: An article on cash app loans ranks for many keywords and generates significant traffic.
- Example: An article on the finance charge of car loans has potential but is more competitive.
- Example: An article on steering wheel cleaner can be monetized by promoting related products.
Monetizing Traffic
- Use affiliate marketing to promote relevant products or services.
- Look for high-paying affiliate offers related to the topic of your article.
- Example: Personal loan offers pay up to $225 per application.
- Aim for a conversion rate of 2 out of 1500 visitors filling out a loan application form.
Conclusion
Writing articles can be a lucrative way to generate passive income. By finding topics with high search volume and low competition, you can attract traffic that can be monetized through affiliate marketing.
How to Compete with Big Sites
In this section, the speaker discusses how to compete with big sites by creating a site about a specific topic and becoming an authority in that area.
Creating a Niche Site
- Look for popular topics such as "as seen on TV" products.
- Create a niche site about a specific topic, such as cleaning your car.
- Focus on doing the 10% of work that makes 90% of the money.
- Show ads and make affiliate programs that pay more than pennies on the dollar.
Becoming an Authority
- Become an authority in your niche by doing a good job and focusing on what pays well.
- Use articles, backlinks, and video marketing to promote your site.
- Find markets that pay lots of money, such as finance charges on cars or how to get a bigger butt.
How to Compete with Big Guys in the Market
In this section, Marcus explains how to take a niche market and turn it into a successful website. He uses the example of "bigger butt workouts" and shows how to compete with big players in the market.
Using Domain Names to Rank Higher
- Marcus suggests buying domain names that are already ranked for specific keywords.
- He gives an example of buying getbigbutt.com for less than $1000, which is already getting traffic.
- Marcus uses Keywords Explorer to show that there are over 130k searches per month for glute exercises and workouts.
- He emphasizes that having a good domain name is half the battle won.
Business Model of Successful Websites
- Marcus talks about Wikipedia's business model, which is broad and figures out what content gets traffic.
- He uses wikiHow as an example, which has 107 million visitors per month but makes only about $1.2 million per month from ads (less than 10 cents per visitor).
- Marcus concludes that by focusing on niche markets like bigger butt workouts, one can do better than wikiHow's business model.
Finding Profitable Niches
In this section, the speaker discusses how to find profitable niches and build content around them.
Examples of Profitable Niches
- The speaker provides examples of profitable niches such as egg allergy in dogs, bidet niche, how to tie a tie, steering wheel cleaner, and how to cancel certain things.
- Other examples include how to fill out a money order, how to lucid dream, and how to make friends.
Building Content Around Niches
- The speaker recommends starting with 24 pieces of content from bigbutt.com.
- The 90/10 rule is suggested where you find ten keywords related to your niche and build content around them.
- The speaker suggests using keyword explorer tools like Ahrefs or SEMrush to find profitable keywords.
- Documenting the process of cancelling certain services can be turned into an article for the "how-to-cancel" niche.
- Pet insurance is a lucrative niche that pays $20 per lead.
Simple Approach
- The approach is simple - linking one thing to another. It's like drawing lines from objects in kindergarten.
- Finding profitable niches involves linking one keyword or topic with another and building content around it.
[N/A] Conclusion
No conclusion was provided in the transcript.
Understanding the Business Model
In this section, Marcus talks about how he buys Fixer-Upper websites and builds them up to rank for all kinds of stuff. He explains that he looks for niches where he can make money and how to make informed decisions about what's out there.
Finding Profitable Niches
- Marcus explains that he looks for niches where he can make money by asking himself if it's worth it to go for a site like "get big butt" or "how to draw a graduation cap".
- He emphasizes the importance of making good informed decisions about what's out there and how you're going to make money.
- Marcus suggests finding profitable niches by looking at Wikipedia, wikiHow business model or whatever it is.
- He encourages people to ask themselves what they think they could make and if they could make ten dollars a day, twenty dollars a day, hundred dollars a day with that niche.
Learning from Successful Businesses
In this section, Marcus talks about dissecting other businesses and learning from their success. He also mentions his program at highticketniches.com where people can find their niche and profit method.
Dissecting Other Businesses
- Marcus suggests dissecting other businesses and learning from their success.
- He offers to teach people how other businesses are making money.
- Marcus mentions his program at highticketniches.com where people can find their niche and profit method.
- He explains that in his program, they will work with you for an entire year to help you make your business work.
Making Informed Decisions
In this section, Marcus emphasizes the importance of making informed decisions about what's out there and how you're going to make money. He also talks about the importance of making good content.
Making Informed Decisions
- Marcus emphasizes the importance of making informed decisions about what's out there and how you're going to make money.
- He suggests that if you don't know the answers to those questions, then you're not an affiliate marketer.
- Marcus encourages people to ask themselves how they're going to make money with their niche.
- He mentions that a lot of Internet marketers throw things against the wall and hope something will work, but it doesn't work anymore because now you have to make some good content.
Finding Profitable Niches
In this section, Marcus talks about finding profitable niches by looking at keywords. He also mentions his program at highticketniches.com where people can find their niche and profit method.
Finding Profitable Niches
- Marcus suggests finding profitable niches by looking at keywords.
- He mentions his program at highticketniches.com where people can find their niche and profit method.
- Marcus explains that in his program, they will help you find your niche, set up your domain, and work with you for an entire year to help you make your business work.
- He encourages people to check out domains.blogprofitnetwork.com if they want something specific.
Understanding High Ticket Niches
In this section, Marcus talks about the importance of understanding what people are searching for and how to use that knowledge to create a successful business model.
Importance of Understanding What People Are Searching For
- Marcus emphasizes the importance of understanding what people are searching for.
- He suggests checking out highticketnitches.com to learn more about this business model.
- Marcus explains how to narrow down your focus by using one thing and getting a domain that is already ranking for it.
- He encourages viewers to check out downloadmynotes.com for notes on the training and highticketnitches.com for domains and other resources.
Overall, this section provides valuable insights into creating a successful business model by understanding what people are searching for and narrowing down your focus.