Saturday, October 31, 2009

20 Ways to Make Money Online

If you are thinking of ways to make money online, then look no further, because this list is definitely what will suit you as it might change your life from now on.

When you find many things just for nothing, this post of how to make money on Internet will definitely good for everything. It is not merely a cheap talk here, rather it is the compile of thousands of hours discussing with my friends about how to make money on internet. It’s very tiring because it took lots of time for doing research and also reading from many sources, but it’s also very exciting to learn from other people experiences.

I apologize if you think that each summarized method on how to make money on Internet below is too brief, but what is important is for you to grab the core of the idea here. Even though, I do not yet completely try them out, I do have intention to expand on the ideas that I believe work the best for me. I will write more about each topic details in my next posts.

Let’s make money on the Internet then.. here they are..

1. Pay Per Click (PPC)
The very first in the list of how to make money on Internet is by making use of Pay Per Click (PPC) sites. The top 3 PPC sites that you can refer to are google adsense, bidvertiser and adbrite. When you use this method, your earning is counted per click made by your site’s visitors on the displayed advertiser’s banner. Comparing to the pay per impression scheme, the amount of money you will receive is likely to be higher with PPC method. This method is closely related to the conversion rate, in which the conversion rate itself depends on how attractive the banner is. However, it is commonly still higher when you compare it to the pay per sale method. The higher traffic site you have, the higher possibility of the click rate you will get. Besides that, to make it even better, you need to carefully select the banner suitable to your targeted audience.

2. Pay Per Impression (CPM)
Pay Per Impression is basically a method in which you will get paid after certain numbers of advertisers’ banner display. Generally, the calculation is based on a thousand impressions of the banner. For example $5 CPM means that you will get $5 for every 1,000 banner display. CPM is considered as a high conversion rate. Even tough the amount received is not too much, but it is a very easy way to make money on Internet, because every time a visitor visits your site, you will automatically make some earning. Therefore, you need to create a site that can attract lots of visitor, so that you will get more earning as well.

3. Pay Per Sale or Lead
Among the other methods that have been discussed above, Pay Per Sale or Lead method might give you the highest amount of earning, but somehow, it is the lowest conversion rate. You will get payment only if your visitors click through the advertisers’ banner and then have some purchases or at least take some prescribed action, such as signing up for a particular service. Similar to Par Per Click method, you are most likely having better payment if you carefully select the advertisers’ banners that best suits your targeted audiences. Examples: amazon and commisionjunction.


4. Affiliate Programs

Affiliate program is also known as associate program. It is basically an arrangement between on line merchant web sites with the affiliate web sites in which the merchant will pay some amount of commission to the affiliate for sending them traffic. The agreement is commonly based on how many visitors send to the merchant’s site or it can also be how many people do purchases from the merchant’s site or some other prescribed action. How much the payment will make depends on the initial agreement between these two parties. Seeing from the merchant’s side, affiliate program is an excellent and effective way to promote and sell their product online, yet it is cheap. If you are interested into this method, here are some most well-known affiliate sites that you can refer to: clickbank, amazon and commisionjunction.

5. Writing Articles

If you love writing, then it can be your source to make money on Internet. There are many web sites owners who would be happy to hire those who are interested (experienced would be preferred) to write articles with certain subjects for their websites contents. The rate offered can be varies, bust most commonly, for 300-500 word article, the rate can be range from $ 1-10.

6. Flipping Sites
One method that is now becoming a trend is flipping sites. Flipping involves creating and selling the web sites you created. Therefore, the whole idea of flipping sites method is to create and develop a site, make it as attractive as possible to increase traffic and then sell it to get profit. Are you interested with this way to make money on Internet? You can try guys.

7. Paid for Reviews

Writing reviews on products can be an excellent way to make money on Internet. You only need to write a review around 100 words or so in English mentioning how you think or even experience with the related product. The payment can be varies since some source will have payment per submission, others will have their payment based on hit your review receives or revenue generated, while some others might prefer to have regular writers. Your writing skill is somehow needed here, but don’t worry too much if you are not the most gifted writer as what they seek here is simply ordinary people’s opinions.

8. Giving Service
If you need some extra money, you can make money on internet by offering services. What kind of service that you can offer on the net depends on your skill? If you know about web programming, you can give an offer to install, create, or repair the website or blogs. If you know SEO (Search Engine Optimation), you can give an offer SEO for other websites or blogs. You also can do copy paste service, such as submit people sites to directories and so on. If you are multi-lingual, you can also offer a service as a translator.

9. Selling e-Books
Besides blogging, you can take advantage of your knowledge to make e-book and then sell it. For example, if you know much about SEO, you can sell SEO e-book. It doesn’t have to be about website or blog, you can write almost about anything else, cooking, novels, traveling, and so on. So that, if you think you have unique and great ideas that not everybody know but would like to know, why don’t you write e-book and sell it?

10. Selling Ads Space

When you are visiting web sites, you will most likely find banner advertisements displayed on the pages. If you are not yet familiar to the scene, you must’ve thought that it is difficult to get such advertisers who want to buy ads space on you site. Or you must’ve thought that it must be either company or a well known site to get such advertisers.

If you think that way, then it is time for the correction. The truth is that any web site can actually get advertisers. Even when your web site is new and not yet well-established, you are still able to get advertising revenue. However, it is correct that if you have a well known site, companies might directly contact and offer to buy the space on your site.

If you are interested to sell space, then the best way to do it is joining affiliate sites. There are two types of affiliate that you can choose from, direct or via affiliate network. This is where you can select a various advertisers to be place on your site.

11. Selling your products online
If you have your own products, you may want to sell your products online to increase your earning. You can run your own e-commerce website. If you know about programming, you can create online store by you self, but if you don’t, you can hire a website programmer to make your online store.

12. Selling Stuffs on e-Bay or Amazon
Another way to sell products online is by joining website like Amazon.com, e-bay.com or Half.com. From these web sites, you can sell used books, CDs and other items at a fixed price. You can list items in exchange for a percentage of the sale.

13. Selling Themes or Plugins for website or blog

Whereas bloggers are already so many, even too many, you can try other perspective to make money on Internet, which is from creating blog or website themes. These bloggers do not always know about how to create such theme. Therefore, if you have related knowledge, why don’t you try to create your own interesting themes or plugins and then sell them? It is true that there are free blog themes already, but if your themes are unique and interesting and even with good SEO, there is always room to earn some extra bucks.

14. Make money With File Sharing Websites
Another way to make money on Internet is with the file sharing websites. These are programs where the users are paid around $ 5-15 per 1000 downloads. How much the price is depending on what country from where the file is downloaded. Some of the websites that work with this method are uploading.com, depositfiles.com, Letitbit.net and ziddu.com.

15. Make money with Social Networks
Social networks have been gaining popularity these days that almost everyone has a profile in sites such as Facebook, Myspace or Yuwie. This can be another opportunity for you to make money on Internet, as have been previously discussed about make money with Facebook and make money with twitter. Another great thing that you can refer to is a website called 6dgr.com (Six degress). It is like other big sites, such as MySapace or Facebook, but with 6 dgr, you will be paid for creating profile, inviting friends, establishing business contracts or staying connected with your present and even new friends. Joining this website is 100% free and it can become your news source of wealth. I will write in details about this in my next post.

16. Paid Forum Posting
A forum will be interesting only and if only it has lots of posting from the users. Many webmaster realize this fact and therefore, they offer some interesting ways to encourage users to have postings on their forum. The most common techniques used are by offering special prize for the most active poster, setting different raffles and giveaways or even hiring a paid forum posting team. If you are interested, you can try it out.

17. Selling Your Forum Signatures
When you find yourself love postings on the forums, you can generate some extra cash by selling your signature in a graphic form. Every time you post in certain thread or give response to a certain topic, you will eventually leave your on line signature. This online signature can be made as an innovative advertising strategy for most online businesses. Forum junkies as such will be paid just by placing any company’s ads after their online signature. With this, the advertisers can establish any contact with as many potential customers as possible.

18. Paid to Share Pictures
Another interesting site that can be your source to make money on internet is shareapic. It is a free service based where the users can upload and host images on its server. The great thing is that the user will be paid when they are directing friends or family to visit their hosted images. Hosted images can be in form of a gallery. Every time the user can show his or her gallery to others, he or she will be paid some amount of money.

19. Giving online course/ online Coach
If you have excellent skill and knowledge in particular fields, such as SEO, web programming, translating, consulting and other, you can try to offer online course or online couch. For example, many beginner bloggers are not too familiar with SEO and they are likely too lazy to read ebook or do internet searching. You can then offer them online course or couch, step by step until they get and understand the whole points about SEO. You can help those who want to learn as well as generating some extra income from online coaching.

20. Writing Tips
If you are creative and smart in giving advices or tips for friends or family and they love it, you can try this program. With this program, you will get paid for writing tips. One of the websites to accommodate this program is DayTipper.com. Lots of people have been joining this website, so that you have to compete with other members in order your tips are accepted. You can try to write fresh new ideas that most people do not yet know.

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