If you spend any amount of time online, you know that there is money to be made out here in cyberspace; and many of the pioneers in this still vastly uncharted territory have struck it rich with little more than their personal computers and an eye for opportunity. Making money online is mostly about customizing a monetizing formula for your blog. Depending on your skill level, network, and current traffic levels your blog has a variety of options. Even if you’re not looking to work full-time at home, the internet offers a viable source of money which can help to supplement your regular income.
Notice that ways to make money with a website are different from ways to make more money from it. Methods to increase your traffic or click-through rate will help you make more money, but they do not represent a method of making money. For example, one could suggest that blending AdSense ads with the content is a way to make money from a website. In reality it’s not; it’s just a way to make more money by improving your ad click-through rate. The real monetization method behind it is a PPC ad network.
PPC Advertising Networks
Pay Per Click is an advertising program in which ads are placed on your blog and you are paid whenever your visitors click on the ads. It is the most common method bloggers use to make money online. It involves almost no effort and is so incredibly easy that many blogs have too much advertising on them. Money is maximized as traffic levels increase. The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
CPM Advertising Networks
Cost Per Thousand (”m” is roman numeral for thousand) is an impression based advertising system. This means advertisers place ads on your blog and you are paid based on how many times the ad shows up. This can be profitable for blogs with big traffic, and can start to bring money to even the smallest blogs. All you need is pageviews to increase this monetization method. You can get as low as $0,10 and as high as $10 per 1,000 impressions (more in some special cases). CPM advertising tends to work well on websites with a high page views per visitor ratio (e.g., online forums, magazines and so on).
Text Link Ads
In-Text advertising is one of the least obtrusive internet advertising techniques. Basically, hyperlinks are placed within relevant text on your website and distinguished from regular links by a double underline. When you place your mouse cursor over the text, a small box appears with additional information on the product or service being advertised. There are advertising services which, when installed, will automatically place the links for you and will even allow you to set parameters for the products you allow to be sold through your site.
Affiliate Marketing
Affiliate Marketing requires that apply for membership in an ‘affiliate network.’ That is, an agency that maintains and monitors accounts for various companies who are willing to pay individuals for sales generated through their websites. Again, a small bit of code is placed on your site to generate ads; and when someone clicks on the ad, your unique affiliate number is automatically associated with that person’s IP address. If that individual buys a product from the advertiser, you receive a commission on the sale. Commissions can range between 5-20%, or they can be a flat fee per sale.
Direct Banner Advertising
A banner is simply a graphic ad that you can sell in any size or shape you wish. Banner ads can be animated, they can rotate through a series of images, or they can be static. In addition to being used with other types of advertising, individual website owners can simply sell banner space at a flat fee or negotiate their own PPC/CPM with independent advertisers which don’t belong to an affiliate network. The most popular banner formats on the web are the 728×90 leaderboard, the 120×600 skyscraper, the 300×250 rectangle and the 125×125 button.
Monetization Widgets
A very simple advertising system is easily integrated into your blog’s sidebar with widget advertising. Just embed the widget into your sidebar and watch the ads begin. Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
RSS Feed Ads
RSS Feeds are incredibly convenient for websites that update content frequently. The feeds deliver all the new content from websites that the reader subscribes to; making it possible to stay updated on news and information on multiple websites without having to visit each one. That’s great for the reader, but not so much for you if you rely on fresh eyes for your advertising revenues. Thankfully RSS Feed Ads are now available. These allow you to place both graphic and text ads within your RSS feeds so that they are visible to all your subscribers.
Pop-ups and Pop-unders
Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make a much money as possible from your website, you could experiment with them. If you are trying to grow the traffic and generate loyal visitors, however, you probably should stay away from them. Just consider the hundreds of pop-up blockers out there: there is a reason why they are so popular.
Paid Surveys and Polls
You get paid when someone takes the poll that you place on your site on behalf of an advertiser. Polls encourage people to interact with them, and they can be a lot more engaging than regular old banner ads. Most of these services operate under a CPM model. In doing this option be careful to find survey or poll companies that have credible backgrounds as this is a source for scammers.
Donations
Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content. It is an easy and perhaps out-of-date way to try and earn some revenue. Many programmers use this still, but very little revenue is earned through the donation feature. If you have valuable content on your site that you are offering for free, it doesn’t hurt to put up a donation link and point people to it once in a while.
Sponsored Reviews
A sponsored review is basically an advertiser paying a blogger to write about their product or service. This can either be done through a ‘review site’ which facilitates the meet ups between bloggers and advertisers; or it can be done by individual bloggers who offer the service to advertisers for a flat fee. If your blog has a big audience you could also offer sponsored reviews directly, cutting off the commissions of the middleman.
Private Forums
A lot of popular websites will incorporate a message board or forum for their readers to interact with one another. You can generate revenues by charging a small fee for membership on the board, or for access to special sections of the board. This creates a sort of ‘exclusive club’ where members can talk about industry-related topics, exchange valuable information, and socialize. Charging $5-10 a year per user can add up after membership starts to grow.
SEO Blackhat charges $100 monthly from its members, and they have thousands of them. Obviously in order to charge such a price for a forum membership you need to provide real value for the members (e.g., secret techniques, tools, and so on).
Premium Content
If you’ve built up a solid website with some really excellent resources, you may consider charging people for access to your premium content. That means creating an area that non-members cannot access unless they pay a small fee. For people who are able to offer readers valuable information, this is a great way to generate some income and help your readers appreciate your content more.
Membership Site
If you have the drive to make great lessons, tutorials, classes, or other content worthy of a membership site then you should definitely do it. They are all the rage right now and show a great way to earn a regular income. With new products online, the set-up has never been easier. I would definitely check out the resource if you have ever thought about a membership site.
Sell Your Website
Some people live for the thrill of a new project. If this sounds like you, then you may want to consider earning money by starting up and establishing new websites and then selling them off for profit.
Market places on online forums like DigitalPoint and Sitepoint are always active with website buyers and sellers. Keep in mind that they most used parameter to determine the value of a website is the monthly revenue that it generates, multiplied by a certain number (the multiplier can be anything from 5 to 30, depending on the expectations of the seller, on the quality of the site, on the niche and other factors).
Ebook Sales
If you’ve got a blog or website about a particular niche, why not capitalize on it by writing an ebook? Believe it or not, you don’t have to be a brilliant writer to create a useful handbook on a subject that you are familiar with. If you write a blog, you can write a decent ebook. The best way to understand the process is by learning how to write an ebook and then how to sell it.
Theme or Template Sales
To get this money making product going you first need some serious design skills or the money to pay for someone to develop it. Once a unique design is created premium themes can go from $19 -$200. There is great earning potential in creating themes and another very advantageous bonus. When you create your theme a link is put into the footer of the theme with your blog’s url. So the more themes that are used the more backlinks to your blog. Brian Gardner and Unique Blog Designs are two examples of websites that make money with the sales of premium and custom WordPress themes.
Join Referral Programs
Just joining referral programs and referring your friends and family members can easily earn your first hundred. I wouldn’t be surprised if you took it to the next level and started joining affiliate programs to refer people online that you don’t even know. Referral programs can be tremendously effective if you have a large audience to work, however, it may take time to build a large audience.
Start Your Own Online Store
Stocking up on merchandises and selling them on your own store front can strongly build up a reputable name for your store, especially if your store front is targeted only at a certain product that many people don’t offer. Making sure that your store is some what more unique and different from the other store fronts, can make your business that much more memorable in terms of branding and getting returning customers.
Notice that ways to make money with a website are different from ways to make more money from it. Methods to increase your traffic or click-through rate will help you make more money, but they do not represent a method of making money. For example, one could suggest that blending AdSense ads with the content is a way to make money from a website. In reality it’s not; it’s just a way to make more money by improving your ad click-through rate. The real monetization method behind it is a PPC ad network.
PPC Advertising Networks
Pay Per Click is an advertising program in which ads are placed on your blog and you are paid whenever your visitors click on the ads. It is the most common method bloggers use to make money online. It involves almost no effort and is so incredibly easy that many blogs have too much advertising on them. Money is maximized as traffic levels increase. The source of the traffic can also affect the overall CTR rate. Organic traffic (the one that comes from search engines) tends to perform well because these visitors were already looking for something, and they tend to click on ads more often. Social media traffic, on the other hand, presents terribly low CTRs because these visitors are tech-savvy and they just ignore ads.
CPM Advertising Networks
Cost Per Thousand (”m” is roman numeral for thousand) is an impression based advertising system. This means advertisers place ads on your blog and you are paid based on how many times the ad shows up. This can be profitable for blogs with big traffic, and can start to bring money to even the smallest blogs. All you need is pageviews to increase this monetization method. You can get as low as $0,10 and as high as $10 per 1,000 impressions (more in some special cases). CPM advertising tends to work well on websites with a high page views per visitor ratio (e.g., online forums, magazines and so on).
Text Link Ads
In-Text advertising is one of the least obtrusive internet advertising techniques. Basically, hyperlinks are placed within relevant text on your website and distinguished from regular links by a double underline. When you place your mouse cursor over the text, a small box appears with additional information on the product or service being advertised. There are advertising services which, when installed, will automatically place the links for you and will even allow you to set parameters for the products you allow to be sold through your site.
Affiliate Marketing
Affiliate Marketing requires that apply for membership in an ‘affiliate network.’ That is, an agency that maintains and monitors accounts for various companies who are willing to pay individuals for sales generated through their websites. Again, a small bit of code is placed on your site to generate ads; and when someone clicks on the ad, your unique affiliate number is automatically associated with that person’s IP address. If that individual buys a product from the advertiser, you receive a commission on the sale. Commissions can range between 5-20%, or they can be a flat fee per sale.
Direct Banner Advertising
A banner is simply a graphic ad that you can sell in any size or shape you wish. Banner ads can be animated, they can rotate through a series of images, or they can be static. In addition to being used with other types of advertising, individual website owners can simply sell banner space at a flat fee or negotiate their own PPC/CPM with independent advertisers which don’t belong to an affiliate network. The most popular banner formats on the web are the 728×90 leaderboard, the 120×600 skyscraper, the 300×250 rectangle and the 125×125 button.
Sell your photos Online
Numerous stock websites like www.shutterstock. com, www.shutterpoint.com and www. istockphoto.com host photographs submitted by members. Depending on the site's policy, you can earn between a 15 to 85% royalty on each sale. The better the quality of photos and the larger your online portfolio, the more you will sell. Usually, each photograph you want to upload will have to be 'selected' by them first — and they usually have strict requirements of what can or cannot go on sale.
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Sell old stuff online
An easy way to earn some money on the Internet is by selling old stuff that you have around the house. Websites like www.olx.in, www.quickr.com & http://craigslist.co.in provide a free classifieds platform. You need to create an account, enter the product details, location, the expected price along with some photographs — listing usually go live within a couple of hours. Interested buyers can directly contact you and finalise the sale
Monetization Widgets
A very simple advertising system is easily integrated into your blog’s sidebar with widget advertising. Just embed the widget into your sidebar and watch the ads begin. Their main differentiator, however, is the fact that they work as web widgets, making it easier for the user to plug and play the service on its website.
RSS Feed Ads
RSS Feeds are incredibly convenient for websites that update content frequently. The feeds deliver all the new content from websites that the reader subscribes to; making it possible to stay updated on news and information on multiple websites without having to visit each one. That’s great for the reader, but not so much for you if you rely on fresh eyes for your advertising revenues. Thankfully RSS Feed Ads are now available. These allow you to place both graphic and text ads within your RSS feeds so that they are visible to all your subscribers.
Pop-ups and Pop-unders
Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make a much money as possible from your website, you could experiment with them. If you are trying to grow the traffic and generate loyal visitors, however, you probably should stay away from them. Just consider the hundreds of pop-up blockers out there: there is a reason why they are so popular.
Paid Surveys and Polls
You get paid when someone takes the poll that you place on your site on behalf of an advertiser. Polls encourage people to interact with them, and they can be a lot more engaging than regular old banner ads. Most of these services operate under a CPM model. In doing this option be careful to find survey or poll companies that have credible backgrounds as this is a source for scammers.
Donations
Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content. It is an easy and perhaps out-of-date way to try and earn some revenue. Many programmers use this still, but very little revenue is earned through the donation feature. If you have valuable content on your site that you are offering for free, it doesn’t hurt to put up a donation link and point people to it once in a while.
Sponsored Reviews
A sponsored review is basically an advertiser paying a blogger to write about their product or service. This can either be done through a ‘review site’ which facilitates the meet ups between bloggers and advertisers; or it can be done by individual bloggers who offer the service to advertisers for a flat fee. If your blog has a big audience you could also offer sponsored reviews directly, cutting off the commissions of the middleman.
Private Forums
A lot of popular websites will incorporate a message board or forum for their readers to interact with one another. You can generate revenues by charging a small fee for membership on the board, or for access to special sections of the board. This creates a sort of ‘exclusive club’ where members can talk about industry-related topics, exchange valuable information, and socialize. Charging $5-10 a year per user can add up after membership starts to grow.
SEO Blackhat charges $100 monthly from its members, and they have thousands of them. Obviously in order to charge such a price for a forum membership you need to provide real value for the members (e.g., secret techniques, tools, and so on).
Premium Content
If you’ve built up a solid website with some really excellent resources, you may consider charging people for access to your premium content. That means creating an area that non-members cannot access unless they pay a small fee. For people who are able to offer readers valuable information, this is a great way to generate some income and help your readers appreciate your content more.
Membership Site
If you have the drive to make great lessons, tutorials, classes, or other content worthy of a membership site then you should definitely do it. They are all the rage right now and show a great way to earn a regular income. With new products online, the set-up has never been easier. I would definitely check out the resource if you have ever thought about a membership site.
Sell Your Website
Some people live for the thrill of a new project. If this sounds like you, then you may want to consider earning money by starting up and establishing new websites and then selling them off for profit.
Market places on online forums like DigitalPoint and Sitepoint are always active with website buyers and sellers. Keep in mind that they most used parameter to determine the value of a website is the monthly revenue that it generates, multiplied by a certain number (the multiplier can be anything from 5 to 30, depending on the expectations of the seller, on the quality of the site, on the niche and other factors).
Ebook Sales
If you’ve got a blog or website about a particular niche, why not capitalize on it by writing an ebook? Believe it or not, you don’t have to be a brilliant writer to create a useful handbook on a subject that you are familiar with. If you write a blog, you can write a decent ebook. The best way to understand the process is by learning how to write an ebook and then how to sell it.
Theme or Template Sales
To get this money making product going you first need some serious design skills or the money to pay for someone to develop it. Once a unique design is created premium themes can go from $19 -$200. There is great earning potential in creating themes and another very advantageous bonus. When you create your theme a link is put into the footer of the theme with your blog’s url. So the more themes that are used the more backlinks to your blog. Brian Gardner and Unique Blog Designs are two examples of websites that make money with the sales of premium and custom WordPress themes.
Join Referral Programs
Just joining referral programs and referring your friends and family members can easily earn your first hundred. I wouldn’t be surprised if you took it to the next level and started joining affiliate programs to refer people online that you don’t even know. Referral programs can be tremendously effective if you have a large audience to work, however, it may take time to build a large audience.
Start Your Own Online Store
Stocking up on merchandises and selling them on your own store front can strongly build up a reputable name for your store, especially if your store front is targeted only at a certain product that many people don’t offer. Making sure that your store is some what more unique and different from the other store fronts, can make your business that much more memorable in terms of branding and getting returning customers.
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