Coupon sites are a great to way to make money online. Building a coupon site and managing it is not that tough. But if everything's done in the right way, it can be an excellent source of income within a very short time.

There are thousands of coupon sites available on the internet. But don’t worry. If you choose the right niche, do proper marketing, keep good relation with companies and provide authentic coupons to your customers you will be successful for sure.

Follow the steps below to start your own coupon business:

1. Choose a Low Competitive Niche

There are a lot of niches where you can earn more. But when you are new to this industry, think about the competition first. As you need to rank higher on search engines to get traffic for your coupon business, it will be hard to compete with big companies.

So, choose a niche where the competition is less and you have the potential to rank higher in google within a short time. Before selecting a niche, don’t forget to check the demand of the niche.

2. Get a Domain & Hosting

After choosing a niche, get a domain as soon as possible. The name should be brandable or niche related. A nice, short domain will help your customers to remember your company name and grow your company.

After getting a domain name, purchase hosting for your website. As you are just starting, get a cheap shared hosting. You can try Hostinger.com. They offer affordable and good quality hosting for small websites. You can get a Hostinger coupon here.

3. Purchase a Premium Coupon Theme

You can build your website on WordPress. It’s one of the most popular and easy cms available on the internet. Purchase a premium WordPress coupon theme for your site from Themeforest. Check the total sale and ratings before purchasing a theme. If you are confused about choosing a coupon theme, you can get some recommendation here.

4. Build Your Website

You can see some videos on Youtube on how to build sites on WordPress. It will be enough I think to build your very first WordPress site. If you are not confident, then hire a WordPress developer from Upwork or Freelancer.com. They will do it for you.

5. Sign up on Affiliate Marketplaces

Affiliate marketing is the best way to make money through a coupon site. Sign up on affiliate marketplaces like Cj.com, Impact, Rakuten etc. and find your niche related affiliate programs and join them. Get your unique affiliate link and place them on your website. You can also find their coupons and deals there. If you don’t, contact them to provide you coupon codes. Promote them and if anyone purchases their product or service through your website, you will get a commission.

6. Start Marketing

You can start promoting your website on social media like Facebook, Twitter, Google Plus, Pinterest etc. Submit your website to popular search engines like Google, Bing etc. See some videos on Youtube on search engine optimization (SEO). If you can do SEO properly, you can get lots of traffic for free from search engines.

It may take some time to get your first sale. Just keep patience and work hard. You can have some inspiration from sites like Retailmenot, Coupons.com, couponintro, Offerage etc.

Author's Bio: 

Md Rasel is a professional blogger.