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:
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.
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.
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.
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:
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:
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.
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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.
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.
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.
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.
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.
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!
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!
Anyway, that’s enough from me. Go ahead and download your free Bonus Download file below;
If you’ve got any questions regarding this tutorial then either leave a comment below, or head over to my forum and start a thread.