If you’re asking that question, then the short answer is “one”. You should build and learn how to monetize only one site if you have to ask that question.

If you’re new to the whole IM thing, then it is always a good idea to proceed with more than the usual caution. Why? Simple. Internet marketers are great at upselling, and they can convince you to buy anything in just about any quantity.

Now that the true risks of IM are on the table, the following is a step by step plan I recommend if you’re interested in getting into internet marketing.

Find A Niche

Picking a niche is important in that you want to select something that you can blog about consistently. You would be surprised how quickly you can exhaust everything you have to say or can write about any given “micro-niche”. When you pick a niche, pick something hot enough and broad enough to give yourself room to play.

By doing this, you can write articles about specific products, but your site will still have room to cover various topics in that niche.

I highly recommend going after a “proven moneymaker” niche, something like “health”, “relationships”, “investing”, “marketing”, or anything that will give you some breathing room.

Once you have decided on your niche, get yourself [ a domain name and some hosting]. Pick a domain name that is simple and easy to remember and preferably “brandable”, especially after the Google updates.

Install Your Website

This process is pretty much point and clicks at this point. I recommend logging onto your HostGator account and using the “Fantastico” installer to set up a WordPress script on your domain name to get an engaging website.

Start Writing Posts

Content is what will draw visitors to your site. Quality content and lots of it…added on a regular basis…kinda like an online magazine. You will probably have to write it all yourself, but that’s no problem because we all have to do this when we are just starting out.

The important thing is that you stick with it and update regularly…otherwise, your traffic tapers off. You have to do this to build it up and keep it up.

Get An Autoresponder And Load It Up With Messages

Definitely get yourself an autoresponder. You want to load it up with messages that target your audience and monetize them with affiliate ads that are also targeted.

The best place to put a subscription form on your site is at the top of the right-hand column. The easiest way to do this is to download a copy of [ Premium List Magnet] and drag the options widget to the top position on your sidebar. Then, all you have to do is add your autoresponder option code to the PLM plugin campaign manager and VOILA, you’re ready.

That’s It!

That’s how you set up a basic website. I highly recommend giving this methodology a try and focusing on your one website until you successfully learn how to monetize it as well as work out all of the bugs and kinks. This way, you will not go bankrupt trying to manage an army of unprofitable sites, all the while getting eaten alive by domain and hosting fees.

Happy internet marketing!

Olivia Wilson is a digital nomad and founder of Todays Past. She travels the world while freelancing & blogging. She has over 5 years of experience in the field with multiple awards. She enjoys pie, as should all right-thinking people.

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