Few ways to make money onlineBy Mohnish On September 30, 2011 Under Make Money Online
I have never really talked about this but these are few ways which I have personally used to make money online. First of all, I am extremely sorry for not keeping the blog updated. But from now on, I will try my best to blog as much as possible. Back to this blog post – A few ways to make money online.
Everyone isn’t an expert in making websites or writing blogs. Maybe websites just isn’t your thing, maybe it is. There are many techniques to make money online, maybe you know most of them or you are here just to learn. What I would recommend is to stick to one technique and excel in it. Focus on the thing you are doing and keep improving. For example, if you are a blogger and have Adsense on your blog, try playing around with the colors and placements to see what works the best for you. There might be a point where it gets saturated, it is time to try doing more to it or switching your technique to a better one.
1) Affiliate Marketing
There are many ways which could be used to do this. The easiest one is called ‘RECOMMENDATION’. Recommend products to people who are looking for them, get paid for it. However, this is one of the most difficult ways to make money online. Not just that, is also requires a lot of patience to wait for the payouts.
Advertising could be considered as PPC or private advertisers. You could get private advertisers by contacting them (you can get their info through the websites which are linked on to other blog ads). There is always someone looking to advertise on a quality content blog with decent traffic.
3) Selling stuff online (only bought stuff from eBay, never sold anything)
I am sure many of you’ll must have already heard about eBay. That’s the easiest way to buy or sell your stuff online. You could also start your own e-commerce portal and list your products, but it is recommend to practice on eBay first. This is the toughest way to make money online. An example which I personally ordered off eBay was a scratch remover pen. It removed scratches off your car. The reason I ordered it? It was cheaper than available anywhere. Probably the guy who was selling it bought it in bulk. He sold over 1,000 pieces within just a week at Rs 500 a pop (It’s cheaper now).
You may have the best website design, the most impressive product, but if you will not make money online if you do not have that one special ingredient…traffic! Almost any method you take for making money online there needs to be a human visitor that needs to interact with it. To make a sale or to get a click on your ad you need a real human visitor to do this.
Traffic = Money
If you have human visitors on your website there would be more ways that you could use to make money. Depends on the type of traffic that you get and the reason they visit your website could help you in finding those ways.
If they come looking for information —
So you have information listed about a particular product on your website and you are getting a good amount of hits on it, find an affiliate program or a company who’s willing to tie up with you to sell their product to your audience.
Sell advertising space —
You could sell advertising space on the website. You could use Adsense or get advertisers from the method listed above.
Sell the site —
Don’t know what to do with the website? Sell it. That’s what I did with webhostingoffers.org — amazing content, good traffic, but I didn’t know what to do with it.
Make them sign up —
Offer a newsletter or a RSS subscription on your website. Build a database and maybe you could have an advertiser to blast emails to your subscribers.
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