Saturday, July 16, 2011

5 Ways to Make Money Online


  • Google AdSense & contextual ads - get paid when your users click an ad to go to another website, driven by contextual relevancy. This is the easiest business model of the four, but is also likely a low earner compared to the potential of some of the other business models.
  • Ad sales - sell ads directly or as part of an ad network. Many sites will make more from direct ad sales than from AdSense, but it is more work managing ad sales.
  • Affiliate programs - get paid a commission when your readers perform an action or buy something from another site. Making a living from affiliate recommendations is hard work because unlike other ad based models you only get paid when one of your visitors actually converts on another site.
  • Sell products and/or services - sell services, create indirect revenue streams, or create your own products to sell. This is the hardest business model of the four, but has the greatest potential reward.
  • Conditional Advertising - a somewhat advanced module full of tips you can use when thinking about how you scale your website for maximum growth and monetization.