Different ways to make money online
- Today I’m going to detail some of the different ways to make money online, which will hopefully give you a better understanding of several different methods and enable you to choose one that best suits you.I’ll list them according to different categories and in no particular order, but please Read Carefully Each & Every Sentence, and keep in mind these are just a few methods and there are many, many more out there!
{1} PTC (Paid To Click) sites
This is where I make a lot of my money. Advertisers pay to have their ad shown on a PTC (paid to click) site and that revenue is shared with the members who view that ad. If you are conscientous about it, you could probably make 50 cents per day! Yes you read correctly, 50 cents per day. This is why a lot of people don’t think it’s worth their time because they are simply looking at how much they make from their own clicks without seeing the bigger picture. If these sites are willing to pay us a little bit each time someone we refer clicks an ad, then the income can easily surpass 4 figures each month.
Think about it – it’s easy to recruit because people don’t need to spend money, you can get paid to show people how to earn money AND most importantly if you set up your advertising and promoting in an effective manner, then you can be building a large email subscriber list too. If you have built a list of subscribers it opens up a world of possibilities because you can email them about any opportunity at any time. It’s important to establish a customer base in whatever you do and you can see exactly how I did it by looking at mypromoting page.There are many PTC sites on the internet at the moment and it can be very difficult to sort through which are good and which are bad.
I wrote a post about PTC scam sites not so long ago and also one about How to choose a good PTC site. The ones I use are listed throughout the blog.
You don’t need to be signed up to 50 PTC sites to make good money, if you know how to choose a good PTC site you can click less and earn more.In my previous post about PTC scam sites I gave you a general idea of which sites to avoid and which sites to treat carefully. Today I’m going to discuss why I chose PTC sites that I have.
{2} Paid Surveys
For some people “Online Survey” is a smart ways to make money online and for some it is a nightmare. Yes it can be a nightmare if you are not careful in choosing survey sites that are legitimate. There are notorious sites that would charge you subscription fee and will disappear. Always remember any fee as up front have chances of being scam sites and they just want to run away with your money. On the other hand, you might come across sites that will ask you fill the survey and shop online to get rewards, remember such sites only require new leads and you would have to extract a lot of them to get to the ones that would really pay you.
But the real question here is, are their legitimate sites? Yes, there are definitely genuine online survey sites that pay you in cash or rewards. The best way to avoid scam is just not to get registered with sites that ask for signup fee. With genuine sites you are sure to make money, but bear in mind you cannot make a living taking up surveys and no site would pay you XXX money for just filling out surveys.
But of course, you can make handsome supplementary income of 1$ to 10$ in an hour time. So to make your work easier in locating legitimate site, I have taken a comprehensive list of Top 20 Online Survey Sites that actually pay and is worth your time!
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But the real question here is, are their legitimate sites? Yes, there are definitely genuine online survey sites that pay you in cash or rewards. The best way to avoid scam is just not to get registered with sites that ask for signup fee. With genuine sites you are sure to make money, but bear in mind you cannot make a living taking up surveys and no site would pay you XXX money for just filling out surveys.
But of course, you can make handsome supplementary income of 1$ to 10$ in an hour time. So to make your work easier in locating legitimate site, I have taken a comprehensive list of Top 20 Online Survey Sites that actually pay and is worth your time!
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{3} Affiliate marketing
the art of seperating people from their money! Affiliate marketing is simply selling someone elses product for a commission.The biggest platform used by affiliate marketers and product creators is clickbank.
You can simply join,find a product to promote then get paid when people purchase that product. There actually is a lot of money to be made from affiliate marketing, however most people don’t understand the effort that needs to be put in to succeed.
The problem most people have with this method is they do not understand how to promote it effectively. You need to understand about many methods of traffic generation, testing and tweaking ads, and understand how to calculate how much your traffic is earning you against how much it is actually costing you. The smart operators will build a very effective sales funnel, some of which involves capturing leads in their autoresponder (so they have a list of subscribers they can email any offer to in the future), setting up blogs or even blog networks, testing ads using PPC (pay per click – google adwords is an example) and scaling everything up when they find something profitable. These people often go on to create their own courses and products which other affiliates promote and end up earning more. Unfortunately it seems to create a vicious cycle where people who want to get into affiliate marketing and learn more about it end up always buying products instead of actually selling them!
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{4} MLM (Multi level marketing)
Multi level marketing is where you receive commissions not only from the sales your recruits generate, but also on their recruits and their recruits recruits and so on down the line according to that particular companies pay plan. Some examples of MLM opportunites around at the moment are GDI (Global Domains International), Global NPN and Trafficwave.
If MLM works, then why do so many fail at it? Becuase they struggle with promoting and recruiting. A lot of people will join hoping that their sponsor does all the recruiting for them and then quit a few months later when they haven’t made money. The more enthusiastic will join and quickly build a large number of recruits to their chosen program, only to watch those recruits do nothing. Mr. Enthusiastic can’t recruit enough so that everyone gets a downline so it reaches the point where more people are leaving than there are joining. Now if Mr. Enthusiastic knew how to show his referrals how to do exactly what he did, then you have a very successful formula.
Do team builds work?
They can if done correctly. A team build is where a team of people will all be promoting for the team. As new recruits sign up they will be assigned to a particular team member according to the team rules. A lot of teams use the NIL (next in line) method, meaning each new sign up goes onto a waiting list and as more recruits join they move up the list.For the most part, team builds benefit those higher up (ie. the first ones to join) more than anyone else. Team builds also do not overcome the inherent problem with MLM which is they need a constant flow of new recruits in order for everyone to make money. Momentum gained can quickly be lost as people start to drop out because it has taken a few months to get sign ups. Often they end up with more people dropping out than there are joining.
How to be successful with MLM ?
The first thing to look for is the product offering. If people are getting value for their money from the product alone, they are less likely to drop out. If we use Trafficwave as an example, I would happily pay $17.95 every month for the autoresponder whether I had recruits under me or not.The next is to look at how long the business has been around, their history of paying on time and also the reputation of the site owner(s). Once something has ticked all of those boxes, then it’s time to look at the compensation plan.
The best thing to do here is simply compare it to other similarly priced opportunities and have a look at how much of the incoming money is returned to members in the form of commissions.As far as recruiting goes, my personal preference would be to start an advertising co-op. This is where all members money is pooled together to purchase advertising for the team. New recruits are distributed according to team rules, and as more recruits join, more money will be put into the advertising pool. This method does involve a bit of work for the team leader as far as collecting money for the co-op and finding, testing, tracking and tweaking advertising methods and places. This is actually something I may consider doing in the future.
{5} Blogging
There are millions of blogs on the internet and it is a great way to earn additional income. Simply find a topic you know a bit about and start writing…….well not quite. First you need to understand how SEO works, you’ll need to do keyword research, you’ll need to know about social media and how to integrate it into your blog and THEN you start writing! Of course this is after you’ve sorted out Create Free Blog (OR) Website.
Benefits of Blogging for Home Business
Blogging provides several benefits for home businesses or online businesses on restricted budgets because:
- Blogging can provide a great forum for a small or home business owner to discuss their products, services or industry in a straightforward, easy-to-understand manner.
- Blogging offers small business owners a very accessible promotional tool for upcoming events or other noteworthy goings-on.
- Blogging provides a platform for a home business owner to become viewed as an expert on the topics at hand. Who better for people to turn to for advice on selecting a perfect MP3 player, for example, than a small, home-based business owner that deals with these machines day in and day out? Business owners are experts on their products or services and there is nothing wrong with them playing this fact to their advantage. If the knowledge is there, leveraging it is simply smart.
- Blogging opens the door for small business owners to directly engage clients, customers or readers. The simple beauty of blogs is that most of these tools are interactive. This means readers or clients can leave comments or even ask questions directly (unless the administrator turns off the ability of visitors to post comments), which the writer or writers of the blog can then answer. This is a fantastic way to develop rapport and most especially credibility. If a commenting area is not attached to a particular blog set up, it is relatively simple to add in to ensure maximum interaction.
- Blogging provides a means for a home business operator to connect with its customers and prospects. Getting acquainted with your clients and prospects is beneficial because it allows them to view you as accessible and can build credibility and because it allows you to hear first-hand what your customers and prospects really want.
Blogging provides several benefits for home businesses or online businesses on restricted budgets because:
Start Your Free Own Blog - Be A Blogger
Weebly is another free-basic, pro-upgrade offer site. The basic package is free, but includes a link back to Weebly in your website’s footer. The Pro plan is average at $4.99 a month, with discounts to $3.99 a month for longer pre-paid periods. You can buy a custom domain from Weebly, but only .com, .net or .org domains. At £39.95 per year, they are expensive compared to other sources. Priced for people who don’t know any better? You can re-direct a domain you’ve bought elsewhere.
Registration is fast and easy; the registration form on the main page contains three fields only – user name, password and email are required to create an immediately active account, there’s no email confirmation or validation.
Of interest to the web newcomer is the builder interface – Weebly’s well-organized interface has a series of menus across the top for easy access to its key features. You can drag and drop all the page elements in your browser and see the changes immediately. There’s a wide range of templated designs with access to the source code for customisation. You can also use a template you’ve coded from scratch. A mobile version of each site is generated automatically.
You can create pages, change fonts, add forms, add any kinds of files including pictures, audio and video. Your saved site is published within a minute. The site-builder supports and unlimited depth of navigation, Weebly adding drop-down menus automatically to your navigation bar. Weebly sorts out the page URL’s based on title text so you don’t have to.
For revenue-raising, Weebly can include Google AdSense or other banner ads, but Weebly will keep 50% of your AdSense revenue for themselves, even on the Pro price plan. Ouch!
If you wish to sell your own product, Weebly provides a simple e-Commerce store, without integrated order management and only accepting payments via PayPal or Google Checkout.
The Blog add-on has standard features, such as comment moderation and trackbacks but not scheduled posting. Why not? It has Forums Direct integration with Tal.ki which I’m told is another easy tool for adding a forum to your site.
Weebly is strong on forms – contact and feedback forms, for which you can again use drag and drop tools to create detailed contact forms or surveys.
Start Your Free Own Blog - Be A Blogger
The Secrets to Making Money with a FREE Blog
(6) Investment programs and software
I’m sure you’ve seen several advertisements for different FOREX (foreign exchange) programs, systems and software. These are the most common of the investment programs. Some of them want you to buy their fully automated software and others want you to send them money with the promise of some very attractive returns.There is no substitute for a good education. No investment should be entered into without first having a reasonable understanding of it. For this reason,I advise to be very cautious if you are looking to get involved with this. Sure, you could buy some software and invest some money and have the software makes all of your trades for you. But what if you need to deviate from the strategy the software is set to? Could you even recognise when you would need to do this? Does the software take into account your risk profile and how aggressively you wish to trade? It actually creates more questions than answers.
Probably the biggest question is why is somebody willing to sell me their software which makes them $2746.83 per day? And why are they willing to sell it to me for $50?I’m not saying all FOREX and investment software is bad. I’m sure there are some decent ones out there that are just a victim of the way the others are advertised. I believe however, that having the knowledge and understanding of FOREX markets before investing is the most important thing. A good software program should be able to work in conjunction with your own knowledge, and should also be highly customisable to your particular investment approach.
What about the investment programs?
If its not to much to ask could you write some more about this. Keep up with good posts.
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