If your looking for longterm, consistent income, then maybe you should look into creating a bunch of niche websites.
Most of the work is done up front, and then you just add to it every little while. If you're getting alot of traffic and/or sales, then you need to put all of your focus on that site to get what you can out of it.
Niche websites are little sites that you can setup using wordpress. Normally about 5-7 pages and promoting one product. They can bring you in a consistent income, sometimes for years! It all depends on how you tend to them through fresh incoming links and updated material. Some do nothing. Others do well. Your hope is that one (or more) does great!
Also, you need to "ping" after every post to your blogs, niche website, or even within your squidoo account. Pinging let's search engines know that you have fresh content on the net. The spiders then come to crawl your site.
Google "ping" to find out more.
Using the free Wordpress.org site means that you will need a host for your sites. There are a ton of hosts out there, but the host you want will support "Fantastico". This enables you to upload your wordpress software at the click of a button.
A host will cost you about $10 a month. Your other expense will be for domain names. For one whole campaign, you're looking at purchasing two domain names, one for your wordpress site and the other for your products affiliate link. This will cost you about $20 a year.
Before you read any further, let's just find out if creating niche websites is for you!
Can you see yourself focusing on one subject for a week or two and then switching gears and throwing all your attention into a new subject?
If you think you can, then maybe this is for you. Alot of people can't do this. They need something that they are passionate about and that's it. Of course, there's nothing wrong with that and actually I would advise you to search for topics that do interest you. Of course, you need to dig down deep into the subject to see if there actually is a market there.
Okay, let me give you a quick rundown on how creating niche websites work!
It's as easy as going to Clickbank, (which is a place where you can promote other people's products and get a percentage of the sale), searching and choosing a product to promote and then grabbing your hoplink(affiliate link). This link is one that you'll want to purchase a domain name for. Once you get that domain name, you forward that hoplink to it, you can do this at the site where you purchase your domain name. Hoplinks are generally pretty long and ugly. You want to look professional, so make them nice and neat.
When choosing your product, stay away from fad products and don't choose a product who's gravity is sky high! Yes, it's nice to know that affiliates are making some money off of the product, but that also means that the competion will be stiff.
We want to, kind of, fly under the radar. Also, before you grab your hoplink from the product your going to promote, go to google and type in "google keyword tool".
Click on it, it's free. Check to see if you can find some good longtail keywords for the product you're looking to promote. We want keyword phrases that are RELEVANT to what you will be promoting. VERY RELEVANT!
Enter a broad keyword. look for keyword phrases that have about 1,000 to 1,500 monthly searches and low competition. Dig down deep, try to find about 5 or 6 really good longtail keywords.
Think about what you want your site to look like, as far as the pages go and what you'd like each to say. I say that because you're site will be about 5 or 6 pages and each page will be optimized with one of those keywords. Title, first sentence of the first paragraph, the "about" page, and maybe 2 or 3 sprinkled throughout the rest of the page.
Now go grab your hoplink.
You're going to be sending people to that hoplink(which has been forwarded to the purchased domain name, which, by the way, should also be relevant to your topic, having the keyword phrase in the name would be ideal) from your niche website.
You're going to be sending people to your niche website from Squidoo via another domain name, this one being your niche website domain name. So, on Squidoo, you're going to send people to the niche website using that domain. But, on your main website, you're going to send people to the product sales page using the hoplink domain. Kapeesh? Did I even spell that right? Haha!
Google loves Wordpress and Squidoo. This is why most ALL of your links will go straight to your Squidoo lenses first.
Do the same thing with your Squidoo campaign as you did with your niche website; create a lens for each longtail keyword.
Now start sending traffic to each lens. Take each keyword phrase and write articles around it, send the links to your Squidoo lens page and to your niche website page. create a blog or two and link to your lens page and your niche website page. Go to Wetpaint and set up a page, you probably can guess where I'm going to tell you to link to, haha!
The bottom line is this; pick some ways to generate traffic and let that become your routine. Soon, you'll start pumping out these sites. Like I said before, some will stick and some won't. Don't fret over it. Just keep creating more and more.
Also, remember this; when one starts getting some good traffic or sales, stop everything else, go to that site and expand it. Do more articles, make more posts, post in more bookmarking sites, create some videos.
Oh and by the way, once you do start generating some steady cash flow; you can purchase some software and/or outsourcing to get these sites up even faster!
Have fun with this!
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