Web space virtually dominates our lives. Today, we are not only familiarized to the concept, we are almost married to it. There are a billion websites floating. Most of them are commercial ones and help a person or a firm monetize. There are various ways in which internet gives an opportunity to make money. Let’s discus a few of them:
Website flipping- This is an amazing concept. You have got to buy a site and then develop it so that you can sell it at a premium. There is a simple process to follow. You buy a site. It might be a new one or may be one that already has a loyal list of traffic. Next, you have got to buy a server. It might be a dedicated server or a shared server. Pay for themes. Though most of the themes are available for free, look for buying the premium ones which costs something.
Look to take the service of a quality content writer. Someone who can add contents which can readily drive traffic. You also have to pay for placing ads. There are services like Paypal and Escrow you need to connect to. This also requires money. Add a lot of glitz through proper web designing. This is the total expense. The site is ready to be sold. Deduct these expenses and that’s your net profit from the site.
Advertising blog- There are advertisers and then there are bloggers. Through this concept, both of them can profit. The working logic is simple. Advertisers ask bloggers to write for their websites. This way, the websites get focused contents and hence helps to drive quality traffic. This can be done through two methods. First is called generic blogging. This involves blogging about general subjects. Next, there are the niche blogs. These are blogs which require writing about specific topics. For such blogs, you should not deviate to the general topic even once. These have higher chances of being sucked by search engines as there are fewer competitors.
Cash gifting program- Few consider it a scam but it is doing rather well in many parts. The idea is to ask people to visit your website. You will get a completely duplicable system through the cash gifting experts who will let you work on lead capture pages and draw traffic. They will convert the sales for you. Soon, with a nice set up you can get started with receiving gifts.
MLM or network marketing- This was the first of many concepts which flashed on the online marketing scene. The idea here is to make an up line or a down line and make a chain of people through vertical or horizontal connection. Generally there are products which need to be sold; Most of the time such products are internally consumed. It also covers the concepts of magnetic sponsoring for getting sponsors and black belt technique for hiring recruits.
Affiliate marketing- This is a simple concept. There are merchants and then there are the publishers or the affiliates. A merchant has a website. He wants it to be visited by maximum number of people. That is the only way he can have huge sign-ups and subsequent sales. How does he propose it? Well! He takes the service of affiliates who post the ad of his website on their own sites. Each time a visitors click on such affiliate website-ads, they are automatically redirected to the merchants.
There are plenty other ways but these are probably the very best you can look to profit from.
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May 27th, 2009 at 9:54 am
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.
July 9th, 2009 at 11:55 am
I generally go the way of using blogging mixed with affiliate marketing and Google Adsense to make money online these days. Its not loads, but a nice little earner every month goes to paying some bills