How Do I Determine The Best Monetization Strategy For My Site?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 3 June 2014

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Josh has found a niche and now he has questions about monetization. How can he figure out the best strategy for monetizing the site? If you have a question about monetization, go to http://www.askpat.com/ to record it. For an easy way to listen to AskPat, the Smart Passive Income podcast, and to stay current on Smart Passive Income blog posts, go to http://www.smartpassiveincome.com/app/. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	AskPAT.
0:01.0	AskPAT.com.
0:06.0	Dot com.
0:07.0	.com.
0:09.0	Askpastats.
0:10.0	Hey, what's up everybody?
0:12.0	Pat Flynn here and welcome to episode 96 of Ask Pat.
0:15.0	I'm here to help you by answering your online business questions five days a week.
0:18.0	And if you'd like a super convenient way to consume
0:21.5	the Ask Pat podcast as well as the Smart Passive Income podcast and the Smart Passive Income blog,
0:26.8	all in one spot. I recommend you head to Askpat.com slash app, APP. That'll allow you to download
0:33.9	the brand new iOS application, which is completely free, that's going to combine
0:38.6	all of the different sources of content that I have into one convenient spot for you.
0:43.2	It's amazing. Check it out. Again, askpat.com slash app, and it's completely free.
0:48.3	Now, let's get to today's question from Josh.
0:52.1	Hey, Pat. How's it going, my friend?
1:01.0	My name is Josh, and I live in Las Vegas, Nevada, and I found what I believe to be a solid niche,
1:05.1	which also has a projected increase in popularity in the coming years.
1:10.3	The product the demographics seeks is a service that can be done in many different creative ways by a number of small to medium-sized businesses.
1:13.6	These businesses see mild success, but are largely undiscovered by the niche, as most of these buyers know only of a few variations of this service.
1:23.6	There's currently no one website that serves as a one-stop hub and educational resource for this
1:30.6	niche. While I aim to create this site, I want to feature each business's unique service on its
	...

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