I’ve long advised that bloggers seeking to make money from blogging spread their interests across multiple revenue streams so as not to put all their eggs in one basket.
The wonderful thing is that this is becoming easier and easier to do 2005 has seen many options opening up. I thought I’d take a look at some of the methods that bloggers are currently using to make money through blogs.
Perhaps the most obvious changes in the past few months have been with the addition of a variety of viable advertising options for bloggers looking to make money from their blogs. The most common way bloggers seem to earn money online is via the contextual ad program from Google - Adsense. A more recent addition that many are using successfully are Chitika’s eMiniMalls and WidgetBucks, Text Link Ads.
In addition to the array of advertising programs that are available to join there is a growing awareness in the business of the value and opportunity that exists for them to advertise directly on blogs. I’m hearing more and more examples of this and have been fortunately to have a couple of ad campaigns of my own in the past month - one with Adobe a couple of weeks ago and another just completed with Ricoh for a new digicam over at my Digital Camera Blog. These are not isolated cases - as I say I know of many blogs exploring sponsorship with advertisers at present and suspect we’ll see more of it in the year ahead. Sponsorship is also happening on a post by post basis with some bloggers being paid to write on certain topics by companies - either in one off or a regular fashion - and they are able to make big money from their blogs doing so.Affiliate Programs - There are larger affiliate programs like Amazon, Linkshare, Clickbank and Commission Junction but also literally thousands of others from the large to the very small.
Digital Assets - Increasing numbers of bloggers have been developing other digital assets to support and add revenue streams to their blogs. By this I mean that I’m increasingly seeing e-books, courses and tele-seminars being run by bloggers. My recent foray into this with the first series of the six figure blogging course that Andy and I ran a few weeks ago and have just released the study version of. This type of activity will only increase in future - in fact this week I’ve seen numerous examples of bloggers running courses.
Blog Network Opportunities - with the rise in popularity of Blog Networks - bloggers are also being presented with more places to earn an income from their blogging - by writing for and with others. While it might be difficult to get a writing gig with one of the bigger networks - there are plenty who are always asking for new bloggers to join and who are willing to pay bloggers using a variety of payment models. While there are distinct advantages of blogging for yourself - blogging for an established network who will handle a lot of the set up/promotion/admin/SEO etc has it’s advantages also. More and more bloggers are combining writing for themselves on their own blogs with taking on blog network blogs as additional income streams.
Business Blog Writing Opportunities - as blogging has risen in it’s profile as a medium more and more businesses are starting blogs. Many of these companies have internal staff take on blogging duties - but an increasing number of them are hiring specialist bloggers to come on and run their blogs. I know of a number of bloggers who in the past month or two have been approached for such paid work. Check out Bloggers for Hire if you’re looking for this type of work.
Saturday, March 15, 2008
Affiliate Schemes and Advertising Networks
Affiliate Schemes
Advertising Networks
Wednesday, February 27, 2008
Make Money Online By Chatting-Jyve
Jyve is a new website which allows you to earn money by offering advice and consultation services online. Like Bitwine and Ether, you’ll interact using Skype or online IM chat with other users who need answers for specific questions.
Jyve takes 20% of the setup fee and lets you decide the amount you want to charge for a consultation session. You can also create professional listings that highlight your expertise in a specific field. These profiles will be listed in Jyve’s online directory.
Let’s take a quick look at how you can use Jyve to make money online.
How do I make money with Jyve?
Here’s the 411 on how you can use Jyve to make money:
1. Sign up with their website.
2. Download their message notifier toolbar (optional)
3. Visit the live discussion webpage to see the ongoing discussions.
4. If you see anything you’re interested in, click on the thread and start answering the question asked.
5. The asker can choose to tip you or arrange for a private consultation via Skype.
6. The consultation session rates are determined by you and you make money when a asker decides to engage you in a private session.
7. Remember to create a free profile to advertise your services on Jyve’s directory. This is for users who may browse or search through the directory for assistance on a specific topic.
Basically, Jyve is like IRC (Internet Relay Chat). A user enters into something like a chatroom and asks a question. A bunch of other users, including yourself will try to answer the questions.
If the user likes your answers, she might tip you or she might not. Private consultations might proceed from the discussion, or it might not. The whole process is unpredictable but it seemed fun while it lasted.
Try it out if you’re interested and do let me know what if you actually make any money chatting online with other friendly strangers.
More Ways To Earn Money Online
The idea of making money online is attractive to many, primarily because of the benefits it offers. Two main incentives are motivational factors here: The lucrative potential of the internet as well as the personal freedom that comes with working without a fixed schedule or geographic location.
One doesn’t need to suffer through monotonous day jobs which offer poor returns for the time invested.
Indeed, why make $7 an hour selling coffee behind a counter when you can easily earn the same amount by spending 10 minutes to write an article on your blog?
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.
Cataloging the Different Ways to Make Money Online
A basic search on Google will reveal many ways to make money online and most of the websites listed in the search results pages all seem to focus on the same methods of making money.
I thought it’ll be a good idea to categorize and compile a list of the online money making methods available so that future visitors to Dosh Dosh will have a reference point which provides them with all information they need.
This list uses a rather broad categorization, which I believe covers most of the ways to make money online. More methods and examples of how to make money online will be added to this list, which can be considered a work in progress.1. Set up a Blog or Website for Profit
One of the best ways to make money online is to create a website or blog which allows you to earn money from the display of advertisements or the sale of products and services.
There are many different types of money making blogs which will help you to make money and you’ll need to pick a model that suits your interests, schedule and skill levels. A simple no frills blog will allow you to easily pull in at least several hundred dollars in a month through the use of paid blogging websites alone.
2. Learn about Affiliate Marketing and The Art of Selling
This involves promoting a specific product or service and earning commissions whenever the referred user makes a purchase based on your recommendations.
Affiliate marketing is a big and profitable industry that covers a wide spectrum of topics and fields. If you’ve got an interest in fitness, you can make money promoting fitness videos or courses. In terms of fashion wear, you can earn commissions by recommending friends to clothing or t-shirt companies with affiliate programs.
The amount of money you make depends on what you are selling. Done correctly, affiliate marketing is one of the most powerful ways to make money from the web. Amazon, Commission Junction and ClickBank are three of the biggest affiliate marketplaces you can use if you’re branching out into affiliate marketing.
3. Start an Online Business
Starting your own online business or company allows you to make money off the provision of specific services or products you may have. Some examples of popular online trades include web design, copywriting and internet marketing.
It isn’t difficult to start a business. It’s all about hiring the right people or having enough knowledge and connections within a specific industry. You should do some in depth research before you decide to settle on a specific niche for your business. Entrepreneur.com has a good collection of tips on how to start an online business.
4. Try Out Domaining and the Online Real Estate Trade
This is the business of buying, selling, developing and making money from domain names. A domainer purchases many domain names and sells them to interested buyers. This is similar to real estate investing offline and domainers also make money by developing websites and reselling it to a buyer.
This practice is known as site flipping and can make you a tidy sum of money if you know how to build an attractive and profitable website. For a rough estimate of how much money you can earn from site flipping, check out the SitePoint Marketplace to browse through the collection of websites for sale.
5. Participate in Get-Paid-to Websites
There are hundreds of websites out there which you pay you to read emails, do surveys, sign up for trial subscriptions and surf the web. Websites that pay you to complete offers are worth examining because they usually include affiliate programs with recurring commissions to be earned.
The benefit of get paid to websites is that you don’t need to have your own website or any personal skills at all. The downside is that there are a lot of get-paid-to scams around and finding websites that are legitimate can be fairly difficult. Scam.com is a forum you should visit to learn if the get-paid-to website you’re interested in actually pays its members.
There are also several Web 2.0 or social media websites out there that will pay you to participate in their community. This collection of social media websites usually operate via a revenue-sharing system, which allows you to earn a share of the overall ad revenue. How much you earn depends on how much your submitted article, video or image is viewed.
6. Find a Virtual Job or Make Use of Your Expertise
Not only limited to data entry jobs, online jobs in the new economy include virtual assistants, gold farmers, online life coaching and support for open source software. Mini consultation networks like Bitwine and Ether allow you to easily set up shop and offer advice on specific topics through the web.
Most of these virtual jobs involve direct communication through electronic mediums like internet telephony, instant messengers and emails. Which means that all you need to get started is a home computer with an steady internet connection.
If you are an expert in a specific topic, you can offer consultation via websites like Jyve or Just Answers. Other skill or knowledge based vocations also include participation in online competitions in areas such as photography, writing, designing and even gaming.
7. Freelance and Work on a Contract Basis Online
If you have a skill such as web design, programming or copywriting you can offer your services online in exchange for money. Traditional freelancing jobs include transcription, proofreading, translation services on top of the ones already mentioned above.
Online marketplaces that you can use to offer your services include Guru.com and Elance. One of the best ways to find freelance jobs is to visit webmaster forums because webmasters usually require a variety of web-based services, which range from programming and content writing to design work.
If you’re focusing on writing if don’t own your own blog, you can still make some money by registering for websites which will pay for your content. Another alternative is get paid to write for other blogs either as a staff or guest writer.
8. Create Your Own Product and Sell it
Products you can create include website templates, sound clips or even your own ebook. Websites like Lulu allow you to easily develop and sell your own collection of electronic products like calenders, brochures, artwork, images and ebooks.
If your specialty is images and photography, citizen journalism websites like Spymedia and Citizen Image will pay for your images. Other stock photography websites to consider include Shutterstock and Fotolia.
This also ties in with the concept of creating your online business, which will allow you to sell the products you create or own without resorting to a third party website which will usually take a commission of the sale.
9. Get Involved in the Online Retail Trade
Ebay and Craigslist are the two of the most popular websites you can use if you are planning to get into the online retail trade. You can purchase products from either website to sell to the other.
Alternatively, you can specialize use site-specific methods of participating in the online retail trade. For example, Ebay dropshipping and arbitrage is a method whereby you’ll with offline retailers or exporters in other countries, or buy from one seller and sell to another.
8 New Ways To Make Money Online
"Some people have dreamed about owning their own business and have not followed through because of the investment in resources," says Jim Griffith, head of eBay University, for those aiming to set up shop selling goods at the online auctioneer's site. "The Internet allows people to at least try without making a large initial investment."
Army veteran Brandi Ramos of Springfield, Ill., did it. As a single mom in need of extra income, she started her online retail career peddling "big and tall" men's clothing on eBay.
Three years later, Ramos, 32, makes a good living working online out of her 600-square-foot basement packed with hanging displays and baker's racks piled with tupperware containing underwear and belts. Ramos aims to offer quick service, answering all e-mails within four to six hours. She claims to net $25,000 on $100,000 sales a year, and even earns a few bucks per order on shipping.
If managing inventory seems too big a chore, play virtual landlord and charge other retailers monthly fees (or per-transaction fees) for the opportunity to market their products on your site. Amazon.com (nasdaq: AMZN - news - people ) nabbed 28% of its revenues this way in 2006.
Craigslist is another take on this model: The 25-person company, worth a reported $2 billion, charges businesses to post help wanted ads in San Francisco, New York and L.A.; it also collects fees for apartment listings in New York City. Total page views per month: about 5 billion.
Then there's every pajama-clad blogger's dream: producing content supported by advertising dollars. Selling advertising is how thousands of established online media outlets pay their electric bills. They charge advertisers two ways: by the number of overall Web pages (called "impressions") served up, and by the number of people who click on the ads.
Setting up a blog requires not much more than a basic publishing program, a server and software to track ad clicks. The hard part, though, is attracting enough eyeballs to make it worth someone's while to pay to advertise on your site.
To have any prayer of attracting large advertisers, sites need to attract at least 500,000 unique visitors per month, says David Hauslaib, publisher of Jossip.com, a media and gossip blog that counts Coca Cola (nyse: KO - news - people ) and Sketchers among its advertisers. Sadly, even if you do generate enough traffic, the "click-through" rates on ads tend to be quite low--in the neighborhood of one half of 1%.
Subscription-based models are even harder to crack. Unless your site fulfills an urgent need (for tangible investment ideas, a potential mate, etc.), users aren't likely to pay for the content.
One way to garner subscription revenue is to run a virtual marketplace. These sites collect by allowing buyers and sellers easy access to each other. Many of these marketplaces flamed out in the dot-com bust, but some persist. Mfg.com, for instance, matches equipment manufacturers with smaller component suppliers. Dating sites like Match.com charge subscription fees for access to their members. And H2Bid.com links municipalities with wastewater-equipment vendors.
As with tangible real estate, you can buy virtual plots (URL addresses), flip them and make a buck. GoDaddy.com sells unused domain names for under $10 dollars apiece. To attract buyers, run tests to determine how often certain key words are searched so that you can demonstrate the likelihood that your URL will show up in a Google (nasdaq: GOOG - news - people ) or Yahoo! (nasdaq: YHOO - news - people ) search. One tip: The best domain names are short, sweet, specific and easy to remember. (For more on this model, check out "Meet Noah Of The Internet" and "The Most Expensive Web Addresses.")
As Internet usage grows, so too will the sophistication of online business models. Take 3-year-old Yoonew.com, which sells futures contracts on sports tickets.
Fans buy the right to take delivery of tickets if their teams make it to a coveted playoff game, perhaps months away. Given the uncertainty of the bet, those contracts sell for a fraction of the future market value of the underlying tickets. If your team makes it to the big game, you've locked in a cheap seat; if it falls short, you lose that insurance premium.
Yoonew makes money when the revenue it collects from selling all those contracts exceeds the cost of delivering a small number of very expensive tickets on game days. The danger: If ticket prices spike, or there are no seats available, the company could suffer a loss or alienate its customers.
Sure, you can make money online. But no one said it was easy.
10 Ways To Make Money Online
1. Offer your professional expertise in an online marketplace.These days, you can do more than just sell your old books via Amazon and your old Coach handbags via eBay—now you can sell your professional capabilities in a marketplace. No longer are you limited to looking for a permanent or contract job on Web 1.0 style job sites like Monster or CareerBuilder. The new breed of freelancing and project-oriented sites let companies needing help describe their projects. Then freelancers and small businesses offer bids or ideas or proposals from which those buyers can choose.
Elance covers everything from programming and writing to consulting and design, while RentACoder focuses on software, natch. If you’re a graphic designer, check out options like Design Outpost or LogoWorks–you don’t have to find the customers, they’ll come to you. Wannabe industry analysts might sign up for TechDirt’s Insight Community, a marketplace for ideas about technology marketing.
2. Sell photos on stock photography sites. If people regularly oooo and aaaaah over your Flickr pics, maybe you’re destined for photographic greatness or maybe just for a few extra dollars. It’s easier than ever to get your photos out in front of the public, which of course means a tremendous amount of competition, but also means it might be an convenient way for you to build up a secondary income stream. Where can you upload and market your photos? Try Fotolia, Dreamstime, Shutterstock, and Big Stock Photo.
3. Blog for pay. Despite the explosion of blogs, it’s hard to find good writers who can turn around a solidly-written post on an interesting topic quickly. GigaOM is always looking for bloggers with great content ideas and solid writing skills. How do you get noticed? Comment and link to blogging network sites. Write blog posts that are polished and not overly personal (although showing some personality is a plus).
4. Or start your own blog network. If you like the business side of things–selling advertising, hiring and managing employees, attracting investors–and have the stomach to go up against the likes of Weblogs, Inc., GigaOmniMedia, b5media, maybe you should make an entire business out of blogs. Don’t make the mistake of thinking you’ll get a lot of time to write yourself though.
5. Provide service and support for open source software. Just because the software is free doesn’t mean you can’t make money on it–just ask Red Hat, a well-known distributor of Linux that sports a market cap of more than four billion dollars. As a solo web worker, you might not want to jump in and compete with big companies offering Linux support, but how about offering support for web content management systems like WordPress or Drupal? After getting comfortable with your own installation, you can pretty easily jump into helping other people set them up and configure them.
6. Online life coaching. Who has time to go meet a personal coach at an office? And don’t the new generation of web workers need to be met by their coaches in the same way that they work: via email, IM, and VoIP? You could, of course, go through some life coaching certification program, but on the web, reputation is more important than credentials. I bet Tony Robbins isn’t certified as a life coach–and no one can argue with his success. For an example of someone building up their profile and business online as a coach, check out Pamela Slim of Ganas Consulting and the Escape from Cubicle Nation blog.
7. Virtually assist other web workers. Freelancers and small businesses desperately need help running their businesses, but they’re not about to hire a secretary to come sit in the family room and answer phone calls. As a virtual assistant, you might do anything from making travel reservations to handling expense reimbursements to paying bills to arranging for a dog sitter. And you do it all from your own home office, interacting with your clients online and by phone. You can make $20 and up an hour doing this sort of work, depending on your expertise.
8. Build services atop Amazon Web Services. Elastic computing on AWS is so cool… and so incredibly primitive right now. Did you know that you can’t even count on your virtual hard drive on EC2 to store your data permanently? That’s why people are making money right now by offering services on top of AWS. Make it easier for people to use Amazon’s scalability web infrastructure like Enomaly has with elasticlive, a scalable web hosting platform built on AWS.
9. Write reviews for pay or perks. If you blog for any length of time on a particular topic–parenting, mobile phones, or PCs, for example–you will likely be approached to do book or product reviews. You can get free stuff this way, but are you selling your soul? Is there any such thing as a free laptop? These are decisions you’ll have to make for yourself, because no one agrees upon what ethical rules apply to bloggers. Even less do people agree on services like PayPerPost that pay you to write reviews on your blog. Check out disclosure rules closely and see whether such a gig would meet your own personal standards or not.
10. Become a virtual gold farmer. A half million Chinese now earn income by acquiring and selling World of Warcraft gold to gamers in other countries. If you’re not a young person living in China, this probably isn’t a viable option for you. But what’s intriguing about it is the opportunity to make real money working in a virtual economy. People are making real-world money in Second Life too.
Tuesday, February 26, 2008
Hello.I am Pranav.Well,I am a freak who always like to surf the web.This is my only hobby.And I am really in to online money making.So,let me give you some tips on how to make money online.
There are different types of work for us to do to earn money from money making sites.These include taking surveys,reading emails,clicking on ads,being payed for being clicked on the ads in our website etc.So the message which I care to give all of you is that most of these sites are scams.But there are sites which really pay though,but they are very few in number.
I will give you a short idea to find out scams.The paid to read,paid to surf,survey sites which set a huge amount of money are scams.On the other hand sites like adbux,bux.to,clix4coins etc. are real paying sites.the minimum payout is only 10$,10$,20$ respectively for these sites.But even this small amount of money is hard to get.Atleast they pay right?And another thing to notice is the template and theme of websites which say that they pay you for your work.Poor themes,templates,grammar etc. ofcourse mean that they are scams.And never join in any site which ask for a registration fee,as most of them are scams and they get away with your valuable money.
Okay.Now let's think positive.The best way according to me,to earn money online is by making an account in google adsense.But before making an adsense account,you need to have a website or a blog.The procedure of adsense is,google will put some google ads on your website and when any visitor of your site clicks on them,you get paid for it.Sounds interesting right?You also get paid from them,when someone just visits your site.Widgetbucks is another site which does the same thing as google adsense.They also pay as good as google adsense.
The paid to click on ad sites are also the ones which really pay you for your work.Most of these sites pay 0.01$ pe one clik on an ad.Earning money from these sites are a slow process if you work alone,but if you refer others to these sites by the special links which are given to you by them,you can earn a lot lot more.Some examples for paid to click on ad sites are adbux,bux.to,clix4coins etc.
The paid to read emails sites also follow the same procedure as clicking on ads.But the only difference is that you need to read emails instead of clicking on ads.
Surveysites are sites which order you to visit another site and write a review about it or ask your opinion and pay for.Most of the survey sites are scams.One such example for a scam is awsurveys.
So,when you are working online,look out for scams!
