How To Make Money Online
There are many ways to make money online. Below I’ll share with you some that I know of. Hopefully this will be useful for you.
1. PPC Advertising Networks – Pay Per Click (PPC) is an advertising system that pays you depending on the number of clicks you managed to get from your unique visitors each month. The profitability of PPC advertising depends a lot on the general traffic level of the website and, most importantly click-through rate (CTR) and cost per click (CPC). CTR is very dependent on the placement of the ads, and the overall design of the site. For example, ads placed abode the fold or blend with content tends to get high CTR. CPC however depends on the niche of the website.
2. Banner Advertising – If you pay attention to the sidebar of many popular blogs (usually on the right), they are most likely filled with 125×125 ads banner. This monetization method is one of the most lucrative out there. Depending on the popularity of the blog, this ad can sell from $50 up to $10,000 a month individually. There are usually 6 ads banner placed. Do the math.
3. Affiliate marketing – Another popular monetization method that many bloggers use to derive income is through affiliate marketing. Under this system, you work as a middleman for various companies to refer your audience with products that are related to your topic (usually that is the case). As you don’t own the product, you don’t have to deal with customer service, taking orders, etc. The companies you become affiliated with provide you with a tracking link to use to link to their site. The commission is usually between 30%-75%.
4. Premium Content – Some websites and blogs give away part of their content for free, and charge for access to the premium content and exclusive tools. SEOMoz is a good example. They have a very popular blog that gives advice and information on wide range of SEO related topics. On top of that visitors can decide to become premium members. It costs $48 monthly and it grants them access to guides, tools and other exclusive material.
5. Paid Surveys and Polls – There are services that will pay you money to run a small survey or poll on your website. The most popular one is called Vizu Answers. Basically you need to sign up with them, and select the kind of polls that you want to run your site. Most of these services operate under a CPM model.
6. In-text Adverting – In-text adverting networks like Kontera and Vibrant Media will place sponsored links inside your text. These links come with a double underline to differentiate them from normal links, and once the user rolls the mouse over the link the advertising will pop. Should the user click on it the site owner will make some money. Some people make good money with this method, but others refrain from using it due to its intrusiveness. It is also interesting to note that very few mainstream websites have experimented with in-text advertising.
7. Audio Ads – Also called PPP (Pay Per Play), this advertising method was introduce by Net Audio Ads. the concept is pretty simple: play a small audio advertising (usually 5 seconds) every time a visitor enters into your website. The user should not be able to stop it, creating a 100% conversion rate based on unique visitors. The company is still rolling tests, but some users are reporting to get from a $4 to a $6 CPM. Regardless of the pay rate, though, this is a very intrusive form of advertising, so think twice before using it.
8. Donations – Tip Jars and donation buttons have been a part of blogging for years now but this last year saw a number of bloggers go full time after fund raising drives. Perhaps the most high profile of these was Jason Kottke of kottke.org who through the generosity of his readership was able to quit his job and become a full time blogger.
Nik Imran is the author of IMakeABlog, a make a blog guide for beginners. You can learn how to create a blog with the 6 simple steps provided. Get a totally unique version of this article from our article submission service