Everyone wants more money, right? I bet one of the reasons you started your website or you want to start your website is to make money off it online. The idea of earning money while not actively working is amazing. Many people want to make money online but there are still quite a lot of people that fail each year.
There are many successful people such as Pat Flynn from Smart Passive Incomeand John Chow and their websites just show the rewards and recognition you can get if you put in hard work and dedication into your website. The different methods you can make money are listed below:
Affiliate marketing is basically when you advertise a companies product on your website and if a user clicks and purchases the product, you receive commission. Its a very great way of making money and it can be quite lucrative if done properly. A good way of using affiliate marketing is to write product reviews and offer an affiliate link for your users to purchase the product.
Here are a list of companies that offer affiliate marketing programs:
PPC Advertising Networks
Pay per Click advertising is when third party companies advertise on your site. You have to paste a tiny HTML code onto your website and you will start earning money from advertising. This is by far one of the most popular methods to make money online. Google Adsense is one of most popular PPC advertising networks but there are many other advertising networks you could use to monetize your website.
Here are some of the companies that offer PPC advertising programs:
You do not need a publisher anymore to publish your own book. Anyone can write and self publish their own book Find a good topic to write about and research it well and compile a great book. A good technique is to outsource the work to someone else and still profit. Some good websites to outsources your work are: www.elance.com and www.odesk.com. It is a great way to make money online because once you submit and upload your book if successful you can make tons of money. You can also sell both e-books and physical books from your website thus generating more sales.
Once you have created your ebook there are many different websites you can upload your ebook to. Some companies you can sell your book to are:
Don’t know where to start? Check out these links on how to write, sell and market your ebook:
- 7 Tips on how to sell books on Kindle
- How to sell one million books on Kindle
- How you can make a million writing your own ebook
Start your own Clothing brand
Did you think the rich and famous could create their own clothing brand? Think again. Thanks to technology you can create your own t-shirts, caps, mugs, trousers with whatever custom message you want on them. You can then sell the products as your own and the company will only take out a small commission out of each sale. The good thing about it is that there is no up front cost neither do you have to store any products. The company will do it all for you. Some websites that offer this service are:
Twitter is an enormously popular social network site. Its were users can post their own messages of up to 140 characters for the world to see. Users can also follow you if they like the different kind of tweets that you post. If you have a popular Twitter account with a good following, companies will pay you to tweet a message for them. They pay you on a pay per tweet basis and the more followers your Twitter account has the better.
Some celebrities and famous people use this method really successfully and benefit from it. Celebrities such as Kim Kardashian (woman famous for leaked porn tape) reportedly earns $10,000 per tweet. Obviously one of the reasons is because she has millions of followers, but if you have a good amount of followers, you should try this method out. Some of the popular Pay-Per-Tweet programs are:
Instead of using Google AdSense or some other PPC advertising network, you can sell your own advertising space. This way it allows you to cut out the middleman and stop giving unnecessary commission while you can also decide your own rates.
However you will need a big audience and a lot of page views for people to be interested in advertising your website and your rates would have to be competitive. Here are some links to help you out with finding advertisers for your website:
- Find advertisers for your website/blog
- 4 Easy ways to find advertisers for your site
- How to find advertisers for your website
Sponsored reviews are pretty much self explanatory. The company pays you for putting reviews on any company, product or service. So you have to write while they are paying you. Simples.
There are many different companies out there that offer sponsored reviews and while it is a very profitable method to make money, many site owners do not like using this method as they would be writing a biased review and it would affect the reputation of the site. However the sites that use sponsored reviews to their advantage are benefiting by tenfold. If your site has a big following you could offer paid reviews directly. Some websites that offer Sponsored reviews and blogging opportunities are:
Are you good at writing? Do you have a passion for writing? If you do then article writing may be for you. There are many different article writing websites out there and some of them actually pay well. Article writing isn’t the most profitable option but you can still make money from it. Although article writing is one of the best and easiest ways to make money online. Some people do make a lot of money from articles. It is a good way to test the shores of making money online and the good thing is it doesn’t cost anything to start. Zero Startup!
Here are some websites that offer Article writing:
As well as selling e-books, you can sell your own physical hardcover books. You do not need to be a world class author now to write your own book now. There are many companies who take care of designing the front cover, publishing the whole book and providing you with a full professional book. If you have a good fan base on your website, you can market the book on your website and make good money. People who have done this successfully include Pat Flynn and Seth Godin.
Want help in publishing your own book? Check these links out:
Email List and Newsletters
Email lists and newsletters are one of the most popular tools an internet marketer can use. A lot of people use email lists and newsletters to their advantage by advertising their own products to their customers, use affiliate marketing effectively and sharing free content with users. An email list is a great way to retain customers. Email Marketing is a great way to make passive income.
If you have a website with a large enough audience then you can profit of this technique. Visit these website for more info:
Books to Read
You can learn a lot from books. Books are very helpful and help you come up with many different ideas and theories. These are some of the best books and the books that we recommend to read:
- The Four Hour Workweek
- The $100 Startup
- Be a Free Range Human
- How I made my first Million on the Internet and how you can too!
I have provided loads of great ideas in this answer, and many of these ideas can make you a lot of money if implemented right. Check out the full article: How to Monetize your Website and Make Money Online - The Marketing Guy
Blog: The Marketing Guy - Make Money Online Through Internet Marketing
There are so many opportunities out there to make residual income in network marketing.
1. Create an Online Course
2. Create YouTube Videos
3. Create a Mobile App
4. Create an Online Store with Drop Shipping
5. Get Cash Back on Shopping You Already Do
6. Affiliate Marketing
Affiliate Marketing :
Make money while you sleep.
For 99% of people, affiliate marketing is how they get started.
The idea behind it is that you promote other people’s products, often through an affiliate network, earning a commission if people actually end up buying thanks to your marketing.
It’s based on revenue sharing. If you have a product and want to sell more, you can offer promoters a financial incentive through an affiliate program. If you have no product and want to make money, then you can promote a product that you feel has value and earn an income from it as an affiliate marketer.
This is the best way to earn passive money when compared to all other sources are through managing your own websites, blog, apps, and Adsense. My personal experience with earning passive income is through “Coupons / Comparision website Maintainance”.
I personally my website, “CouponsHub” made and earning nearly $500 per month. Doing nothing and earning passive income. The site is completely automated and doesn’t have to spend time on it.
“This is a strategic way where you intercept all the traffic of e-commerce shoppers to your coupons and price comparison sites. They might visit your site for coupons and when they leave your site for a particular product, you will be awarded a commission for every sale. Example: A laptop was sold from my coupons site and I received 1000rs for that particular sale”.
In e-commerce, the major categories where you get a huge amount of commission cut is categories like clothing.
The process to earn through this way:
- Get yo
- ur Coupons/price comparison website developed from a good developer of an agency having a great portfolio in this area. I got my site developed from these guys who have a great portfolio Coupons, Cashback, Deal, Price Comparison - TechWebLabs you can check to believe for yourself.
Get Cash Back on Shopping :
You have to shop anyway, so why not get cash back on things you’d normally buy in the first place? I use a site called Coupons, Cashback, Deal, Price Comparison - TechWebLabs and, it is free.
With their double cash back specials, you can double your passive income earnings if the right items go on sale.