In this tutorial I’ll be taking you
through a couple of different methods which will show you how to make money on
Yahoo Answers. Yahoo Answers receives around 50 million visits every day, and
it’s not just the sheer volume of traffic that makes this an ideal place for us
to make money.
This is 50 million people a day who
are looking for answers to problems they have! It’s like Christmas come early
for marketers as we can swoop in and provide the solution to those problems
while making some good money in the process.
BONUS: I’ll be showing you two different
methods in this tutorial, both have the potential to net you the magic ‘$100 a
day’ income quite comfortably, if you put the work in and follow the steps I’ve
detailed below. What’s even better is that in my FREE ‘Bonus Download’ at the end of this tutorial I’ll
also be showing you how you can set these methods to ‘autopilot’ so you can
earn money from Yahoo Answers in your sleep, and achieve those triple figure
earnings days a lot quicker! I’ll also be giving you some tried and tested
examples I used to use to make over $4,000 per month on Yahoo Answers in the
FREE Bonus Download at the end of the tutorial, so don’t forget to download it
before you go! Right, let’s get on with it…
Here are the two methods I’ll be
covering:
1. The
Niche CPA Method.
2. The
Answer Your Own Question SEO Method.
Let’s start off with method 1;
The Niche CPA Method
If you’ve never been on Yahoo
Answers before, below is a screen shot of what you will see when you click on
the ‘Browse Categories’ tab:
As you can see, there are lots of
different categories where people can post questions. Within most of these
categories there are further sub categories which allow you to refine your
question even more. What you need to do first of all is have a good look
through these categories as this is where you first need to find a niche to
target.
What you are looking for is niches
where you can answer the users’ questions and provide a link in the ‘source’
box to your website which they can then
click to visit.
Level 2 accounts
Before you can post live links in
Yahoo Answers, you must first have a ‘Level 2’ account. You achieve this by
gathering 250 points on Yahoo Answers. This doesn’t take long at all; you can
get there in less than 20 minutes by doing the following:
- Create three Yahoo Answers accounts.
- Login to one of the accounts (The main one you are going to use to get to level 2) and you will get 100 points for logging in straight away. Then search for something on Yahoo Answers, it can literally be anything. Then scroll down and save the search. After you’ve saved that, search for something else and then save that search. By saving two searches you will get another 20 points.
- Now login to one of the other two accounts and post 5 questions, they can be in any section and about anything. Copy the URLs of the questions to notepad. Logout and log back in to the main account and answer all five questions with any answer. Then logout and back in to the account you posted the questions on and award the answers posted with the main account as ‘Best Answer’ for each question. This will award you another 50 points (10 points per best answer). Repeat this process with the other account of the three to get another 50 points, now your main account will have a rating of 220 points.
- Finally, login to the main account again and you will still have your daily answer posting limit of 20 left. For each answer you post, you get 2 points. Go ahead and post 15 short answers to random questions and you’ve reached the magic 250 points required to reach level 2 and post live links in your future answers.
TIP: You will only have to do this process once as now you have a
level 2 account you can rate and vote for best answers on other people’s
questions. This means now you can create a new account and post another 20
answers. However, you need to pick your 20 answers strategically.
Search for any keyword you want and
once you’ve searched for it, on the left hand side you’ll see the ‘Refine
search’ box. On the ‘Question Status’ drop down menu, select ‘Open Questions’
and from the ‘Date Submitted’ drop down menu, select ‘Last 7 days’ then search
again.
Now sort the search by ‘Oldest’. You
now have questions that are still open and 7 days old, this is perfect for us
as we can get answers in to these questions and they are about to go in to
voting very soon. Once you’ve answered these questions, copy the URL of the new
account’s profile page and put it in a notepad file.
The next day, login to your level 2
account and go through all the questions you answered on the new account the
previous day. Most of these questions will now be ‘In Voting’, which means as a
level 2 account holder, you can go through each one and vote your new account’s
answers as best answers.
The vast majority of people don’t
assign best answers so you’ll get best answer for most of the questions, which
alone should bump you up over the 250 on that account too.
Monetisation
Ok, now that the technical stuff is
out the way, we can concentrate on the money making side of this method. As I
mentioned before, you need to find some categories that you can pair up with
some niche products that you can promote on Yahoo Answers.
If you are struggling to find some
then don’t worry, I’ve included two great examples in the free Bonus Download at the end of this tutorial which
I have personally used in the past to make good money from.
Website
Now, before you go and start
hammering Yahoo Answers with links to your offers, you need to first make sure
you have a website in place with an opt in form. You’ll notice that in most of my
money making tutorials I recommend having an opt in form on your website.
The reason for this is that it’s
very important you capture the details of as many of your visitors as you can
on your email list. If you don’t already have a website with an opt in script
installed, I recommend you use Aweber for the opt in email
list software and a WordPress blog hosted on Bluehost.
If you don’t already have a domain
name, then head over to GoDaddy and get yourself
one. If none of that makes any sense to you, click here to read my step by step instructions
on how to build a website from
scratch in under 10 minutes.
For this method, if you are going to
be targeting multiple niches, the best idea is to create a generic site with
different niche targeted pages containing specific sales copy. You then use the
specific links to the pages with the sales copy and products/offers as your
‘Source’ link for that niche when posting your answers.
So when posting your answer to
someone who is looking to ‘make money online’ for example, you’d put your
answer in and then in the source box you’d leave your link to
http://www.yoursite.com/your-make-money-online-page/.
NOTE: Another reason you MUST use a website, or at least a
landing page for this method, is because Yahoo will ban your account very
quickly if you are simply posting affiliate links over and over. Any links you
use as the source must provide some sort of value. So simply put together
either, a helpful article with affiliate links in it and an Aweber opt in form, or a squeeze page to simply
capture the users’ email address so you can promote to them over and over.
Offers
Ok, with your website in place you
are ready to start getting offers to promote to all the new traffic that you
are generating. There is literally no limit on the amount of products, offers
and services you can promote. I’ve listed some of the best networks that you
can join below to get access to hundreds of different things to promote:
- MaxBounty – These guys are one of the best affiliate networks out there and have hundreds of offers on the network that you can promote. They also pay out weekly to their affiliates!
- ShareASale/LinkShare – Two large networks with a massive range of offers.
- FreebieJeebies/Kudos Network/CashCrate/Xpango – These are sites that let you redeem money or free gifts of your choice in return for referring new users.
- Monetise – This is a CPA network like MaxBounty, but they cater to UK offers only. A very good network to find lots of good converting offers for your UK traffic.
- MarketHealth – These guys are the largest health and beauty affiliate network out there. They have got lots of very well converting products you can promote and are perfect for this method!
Go and sign up to some of these
networks (or all of them if you prefer) now, by clicking the links it will open
the sites in a new window/tab and you can get signed up to them right away and
start browsing the offers. You can also find a list of all the networks I currently
use on my Affiliate Programs page by clicking here.
For this method, the kind of offers
you are looking to promote are offers that have wide appeal and are preferably
free for the user to participate. Offers such as:
- Email/Zip Submits – You will find hundreds of these offers to promote on MaxBounty and Monetise. They usually request the user to fill out information in order to win a free prize like an iPod or a TV for example. These offers usually payout between $1 and $2 for a first page submit. This may not sound like much but it adds up very quickly as the volume of traffic you send to the offers increase!
- Make Money Online/Survey Sites – You’ll find these offers on MaxBounty, Monetise, ShareASale and LinkShare. Almost everyone is interested in making extra money so these offers are perfect for this method. Again, they cost nothing to join for the user.
- FreebieJeebies, Kudos Network, CashCrate and Xpango are all perfect for this method of promotion also.
- You will find lots of health related CPA offers that pay out decent commissions on sales at Market Health. I have promoted a lot of their products in the past and they convert extremely well.
Scale it up
If you do this and have separate
pages for multiple niches, all with opt in forms and an Aweber email scheduler set up to promote even
more products to your new visitors, you can make a very good amount of cash
just from this method alone.
As I always say, once you’ve found a
way to make money online, it’s all about scaling and outsourcing the method so
you can enjoy the benefits of not having to break your back doing the manual
work yourself any more.
You could just keep on manually
creating accounts and manually posting on lots of different niches all day, but
who wants to do that? At the end of this tutorial I’ll be showing you how to
take both these methods, scale them up AND turn them both in to passive income
earners for you! Firstly though, let’s look at method number 2;
The Answer Your Own
Question SEO Method
This method requires a little more
work in the beginning to make it work; however, it has the potential to make
you a long term recurring income for many years to come. I still receive sales
and commissions to this day from Yahoo Answers questions I have ranked using
this method from over three years ago!
The method basically involves
posting questions on Yahoo Answers, then answering your own question with a
link to your site in the answer, then ranking the question in Google for your
targeted keywords. Below I’ll explain the most effective way of doing it to
maximise your profit.
Enjoying this tutorial so far?
Monetisation
Like the first method we just
covered, you must first find the niches you want to target and also find
suitable offers and products to promote within that niche. You’ll find a list
of networks to sign up to here where you’ll be able to find hundreds of
different products and offers to promote.
Keyword research
Once you have selected a few
different products to promote, your next move is to do some keyword research.
My favourite keyword research tool is Market Samurai. It speeds up the keyword research
process and also offers other important keyword competition data that is
invaluable. Best of all, you can get a free trial of the software by clicking here.
Now by using Market Samurai for this, you will be able to find
long tail keywords which have quite low competition in the search engines. A
long tail keyword is a phrase that contains over 3 words in it, e.g. ‘How to
make money on Yahoo Answers’.
They don’t receive huge amounts of
traffic so this usually means there is less SEO competition from other sites.
I’ve found some absolute gems in the past using Market Samurai which I’ve then been able to rank
number 1 in Google for in less than a week.
TIP: Check out my Market Samurai review to find out exactly how it
works, how you can get the free version and how you can get a huge discount on
the full version! Click here to find out
more.
The other advantage you have using
Yahoo Answers for this method is that the site has a lot of authority in
Google’s eyes so the pages rank very easily in Google search engines.
Website
Now you have your products/offers
and have done your keyword research, you need to build a website to send the
traffic from Yahoo Answers to. Again, if you don’t know how to build a website
then check out my tutorial on how to build a WordPress website in less than 10
minutes here.
If you do know how to build a
website then get your domain name from GoDaddy and use Bluehost to get your WordPress blog set up
without any hassle!
Again, to make the most out of the
traffic from Yahoo Answers, you don’t just want to sell to these people once.
You should make sure you install an opt in form, using Aweber, on your website to capture the name and
email address of your visitors so you can sell other related products or offers
to them in future.
Method
Ok, now you’re ready to create Yahoo
Answers accounts. With this method, it’s best to sign up for as many accounts
as you can before starting. With each new account you can post 5 questions
straight away. So if you create five accounts, you can post 20 questions across
the four of them, and then answer those questions with the link to your website
using the fifth account.
So, for example, let’s say you were
promoting a CPA offer from MaxBounty, which was to help people make money
online. You have a list of long tail keywords that you’ve gathered using Market Samurai and
your website is in place. Firstly you’d want to post a question in Yahoo
Answers like:
‘What is the Fastest Way to Make
Money Online?’
You’d then post another four questions
with titles that either exactly match, or contain your targeted keyword in it.
Also, if possible, try and include your keyword twice in the title or get a
related keyword in to the title as well. Also try and include the keyword, or a
related keyword, in the actual question that you ask as well.
Once these five questions are
posted, log out of that account, log in to the account you’re going to use to
answer the questions and then answer all five questions. Remember when
answering these questions to include the target keyword again, as well as other
secondary keywords. Then include the link to your website in the reply and in
the source box.
Once you’ve answered all five
questions, you now want to log out of that account and back in to the account you
posted the five questions in. Now go through each question and select the
answers you have posted as ‘Best Answer’.
You will now have five questions
posted with your answers all marked as best answer and nobody else will be able
to comment on the question now either. Copy and paste the URLs of each question
in to a notepad file and type the targeted keyword beside each URL. Now
you just simply rinse and repeat this process until you have a question and an
answer with your link on it for every one of your targeted keywords.
This can be a long process but if
you want to really scale this up, don’t worry; I have the perfect solution for
you at the end of this tutorial!
SEO
Now you have your list of URLs, it’s
time to start getting them climbing the search engines. As I said before, if
you’ve done your keyword research properly using Market Samurai, you will have a nice big list of
low competition long tail keywords which you will be able to get ranking well
in Google in no time at all.
For this process I use lots of
different software including, Article marketing Robot, the Ultimate Demon and SEnuke XCr. You can find all the essential SEO
software I use listed on my ‘Tools of the Trade’ page here. For ranking Yahoo Answers pages for
keywords that have a little tougher competition, try using guest posts.
Here’s how to automate the entire
process…
While doing both the methods listed
above can be very profitable, it can also take a lot of time and labour to set
them up and then maintain and scale them. However, the clever people over at Answer Assault have created software which
automates the ENTIRE PROCESS of BOTH the methods I’ve explained to you in this
tutorial.
Head over to the Answer Assault website and watch the
video on their homepage to see the software in action! After reading this
tutorial you will understand just how powerful this software is and how quickly
it will be able to boost your income!
BONUS TIME: As promised, I have included a Bonus
Download file for you to take away with you. It contains specific examples of
how you can make money by answering questions on Yahoo Answers. The few
examples I give are the categories I used to promote heavily in when I used
these methods in the past. This should serve as a way to get you thinking about
how you can move in to one of the scores of other categories and sub categories
on Yahoo Answers where you’ll have next to no competition, and can clean up!
