ONLINE MONEY MAKING SCOPE
AFFLIATE MARKETING
This is how I earn a living online. Affiliate marketing is
the process of referring products or services from your website and earning a
commission for every sale made.There are thousands of affiliate programs online
today (Clickbank, Amazon etc.).
Become a Reseller
A reseller is a lot like an affiliate except you have more
control over your profits. Typically you buy the product at wholesale, set your
own prices and earn on the markup. I resell hosting and domains and earn a nice
residual income. Look for reseller programs in your niche by Googling [your
niche] + reseller programs. Sell eGoods (Templates, eBooks, Software, Reports,
etc.) The key to building longevity online is to have your own product to sell.
Digital products are convenient because the cost of production and delivery is
very favorable. I use Adobe Acrobat Professional to create my eBooks. Looking
for a vendor to sell your eProduct? Try Clickbank or eJunkie. I use Clickbank
as my vendor to sell my Easy Starter CSS templates and WordPress tutorial.
Sell Hard Goods
Hard goods are tangible goods that you can touch (crafts,
jewelry, clothing, etc.) WordPress has plugins you can use like WP e-Commerce,
for example. If you have a static site like this one, most hosting companies
have shopping cart solutions you can install. You can also use PayPal.
Google AdSense
AdSense is a contextual CPC (cost per click) network allows
you to partner up with Google and display their advertiser's text and/or image
ads on your website. When a visitor clicks your ads, you earn revenue.Learn
more about AdSense here.
Media.net
Media is a decent alternative to AdSense for some
websites. If you were banned from AdSense or are looking for an alternative,
this may be a good choice.
Chitika is another CPC network with a variety of ad types.
One unique feature of Chitika is the ads only show up when people find your
site via internal or external search. Let's say someone finds one of your pages
by searching for "blue hats" in Google. They will see Chitika ads
related to blue hats. If another visitor just surfs on that same page by
clicking through your site, they won't see any Chitika ads. I tried Chitika on
this site and the conversions were poor. This network seems to be best for
shopping sites due to the kinds of ads in their database. Not many ads were
relevant to my content.
Clicksor is another contextual CPC program that is known to
be less strict when it comes to getting accepted. If you qualify, you can
become a Premium Site Partner which will provide more revenue options and
reports.
This CPC program allows other advertisers to bid on your
site and the highest bidder gets the display. Bidvertiser is known for paying a
higher CPC, but it seems to work best with sites in categories specified by Bidvertiser.
Kontera displays intext ads on your website. In other words,
their program automatically hyperlinks certain keywords within your text and
links them to related ads. I'm not a fan of this CPC program. In my opinion,
the ads look very intrusive. Nevertheless, they've been around awhile and are
worth the mention here.
CPM Networks
Unlike CPC (cost per click), CPM (cost per thousand)
networks pay you per impression. Most networks require you to have a good
amount of traffic to qualify. Nevertheless, they're worth checking into. BurstMedia, Value Click and Advetising.com are 3 popular networks.
RSS Feed Ads
If your blog has a high RSS feed readership, you may be able
to generate some cash displaying ads inside your RSS (XML) feed. Feedburner,
Bidvertiser and Pheedo all have these services.
Sell Custom Merchandise
Sites like CafePress and Zazzle allow you to sell your own
designs on various merchandise (T-shirts, mugs, hats, etc.) You can incorporate
widgets and links to your products within your website to help generate
additional sales. If you're a skilled graphic designer, you can really drum up
some business with this method. The key is to create the designs to match the
theme of your site. I use Zazzle.
Sell Ad Space
Once you have at least several hundred visitors per day to
your site, you can start thinking about selling ad space. If you're a WordPress
blogger Kamoona (free) and OIO Publisher are two popular plugins. I used OIOPublisher on my WordPress blog. It worked well, but I didn't like that you
couldn't sell ads by impression. You could only sell by number of days.
Hopefully they'll ad this feature because it's a great plugin otherwise. For
static website owners, you can use OIO, OpenX (free) or AdPeeps. I use AdPeeps
to sell ad space on this site and I absolutely love the script. Yes, it's
pricey at $99, but it's so flexible. I can sell ads by day, clicks, impressions
or the month. There's even an advertiser self-service option where you can give
your customer the option of choosing how many days, clicks, impressions, etc.
they want to buy upfront. There are also coupon code and location targeting
modules you can buy as add-ons.
Need advice on setting your ad prices?
Sites like PayPerPost and Sponsored Reviews allow
advertisers to pay bloggers to write sponsored posts on their own blogs. While
this can be a great way to earn money blogging, you can lose credibility if
you're not ethical about it. It's important to disclose that you are getting
paid to write the post so your audience is clear about what is going on.
Fortunately most companies makes disclosure mandatory. If you don't want to use
a service like the ones above, you can setup your own internal program very
easily. Just create and publish your guidelines then accept payments via
PayPal. Of course, this service works best on niche blogs that have enough
targeted traffic to support it. Hope this information helps?
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