Thursday, February 4, 2010

10 Ways To Make Money Online

For those of you wanting to make money online quick or supplement your current income, here are some of the best ways.

1. Join Some Affiliate Marketing Programs – Make money referring your website traffic to other websites or by promoting relevant products. One of the best affiliates we have found to be profitable is selling Text Link Ads. Just sign up, add a small snippet of code and when advertisers buy ad space on your website, you get paid!

2. Become a Paid Blogger or Writer – Offer to write articles for company websites. There are many small businesses that could benefit from having fresh content on their site but do not have the resources to hire a full time employee to do this. They can hire a freelance writer on as “as needed” basis instead. Keeping fresh content on a website gives visitors a reason to come back and view the site on a regular basis. The more traffic a site gets can mean more profits for the business.
Writing – There is a huge need for good content and people will pay for it as long as you deliver. Unfortunately, this market is glutted with low quality writers, most of whom aren’t native English writers and willing to sell their wares very cheaply. This means that you’ll have to use your relationships and word-of-mouth to set yourself above the crowd. I’ve found it most effective to sell articles as “private label rights” (PLR) packets of 10 to 25 300 to 500 word articles to a limited number of customers. If you play this right you can usually make $300-500 per packet.

3. Link Building – Like article writing, link building is tedious work so people tend to outsource it was well. This also is glutted at the low end of the market so you will need to bring quality and results to the table to stand out. Once again, building a good customer relationship ahead of time and having the proper tools to do the job right is important.
People are generally looking for social bookmarking, blog commenting and forum posting and profile links. You might also set yourself apart by offering less common linking services, such as building and submitting PAD files or doing RSS submissions, or combining it with writing, such as doing press release management. This work is also best sold in packets to a manageable number of customers. In general, you’ll see this work selling for $5 to $50 per job.

4. Create a turnkey website and then sell it! – Promote it online to get it listed in the search engines and then sell it for a big profit, it is a powerful way to Make Money Online.
In no time at all you can start receiving extra money in your bank account without having to invest much of your time at all. Let your website work for you! You’ll be surprised how easy it can be.

5. Selling stuff on eBay used to be a popular method to make money quickly. This still can work to some degree but today it really requires having a long term track record on eBay. If you have an established eBay account with good feedback you can sell items there still. Just make sure that you take into account the numerous rule changes that have taken place over the past 12 months or so. If you’re completely new to eBay selling then this isn’t an option for you. The rules have made it almost impossible for a new person to earn cash on eBay quickly. You can start an eBay account for selling, I recommend that you do if you’re wanting to make money online, but you’ll need to take a gradual approach in order to build up experience and feedback.

6. Start up a paid advice service on a subject you specialize in – Offer consultations to people who need help or information. Giving out some initial free information will attract visitors to your website. Once there, help the visitor out with some very basic information. Save the more in depth advice for those who are willing to pay a small fee for your services.

7. Selling List of Links – Some people like to get their own supporting promotional links but it’s time consuming to search for high quality pages where you can put a legit link. You can put lists of these links together and sell them on popular webmaster forums. Just make sure that you put together a quality list of links so that you’ll get repeat business from your customers. These lists typically sell for between $5 and $30, depending on the number and quality of the links, and there’s really no need to limit the quantity sold on them.

8. Make Money Online by opening your own online store – Buy your items at low cost and then sell them at a higher rate. There are plenty of drop shipping companies you can partner with to make selling items online easy and profitable without the hassles of stocking and shipping the items yourself.

9. Write an e-Book – Sell your own ideas!

10. Create a members only section on your website – If you have a site already, you can offer something special in your paid members area that your regular members cannot have access to unless they purchase a premium membership to your website.