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Sunday, May 24, 2009
Making money on Internet For Beginners
If you’re really new to this, I know one thing that pops in your mind is that “How the heck could you make money on the internet?”
Could I really Make Money on the Internet?
The answer to this, is yes. But what’s most important is that you know how people actually do this. I have never paid a single penny on the Net to make money and have never joined one of those “Get Rich Quick” schemes. I believe in making money out of no money, which would be a way better way to begin rather then throwing your money on spam websites and withdrawing your trust from the Net. According to me I recommend to ways of earning money on the Net.
Paid to Click Websites
Basically Paid to click(PTC) websites are websites that pay you a certain amount of money for clicking advertisements. Normally websites pay you 1 cent per click and the more ads you click the more money you make. However, since there are a limited number of advertisers, the number of advertisements are also limited and are in the range of between 5-15 ads a day.
Well if you only stay till this position then you will not be able to make more than $4.5 a month which is actually nothing.
But the interesting thing is that these PTC websites also pay you 1 cent when any of your referrals( Those whom you referred to the PTC website) clicks an Advertisement. So this means that even if you have referred 50 people to the website and if they are all fully active using their account then you make $225 just from your referrals, however I do not encourage people to stop using their accounts in the hope that their referrals will make money for them as I believe that if they become inactive, the more inactive people become, the lesser money all will earn because everyone is a referral of some other account and his/her earnings add earnings to the account of the person who referred him to the website. However, do not hesitate in joining through a referral link as it will not hinder your earnings.
However, these earnings are just in the case of 50 referrals, if you refer more then you can calculate your earnings. Also there is not only 1 PTC website, if you join upto 5 of websites like this you can easily make more than $1000. This is how you earn on a paid to click website.
Running your own Website/Blog
Many people make money on the Net by maintaining a website or a blog. But how they actually make money is by displaying advertisements on their blog or website. I believe this is a far more better way of earning money. However, it may also be noted that it is also far more difficult. However, those who are using this method are earning much more money as there are many bloggers who are earning more than $10,000 a month.
The aim is to increase the number of visitors to your website and then maintain it. As you usually get paid by advertisers if their advertisements get clicked or the amount of views it gets. But if your blog is famous enough like ShoeMoney or John Chow then you can simply rent out the advertising space at the price you want.
Which way should I choose?
I would recommend that if you’re really new to this, then you should pick the first option i.e. using Paid to click websites as that is way more easier than maintaining a blog or website. However, if you are an experienced person and you are taking the risk of setting up a website then that is even better, because eventually the money you earn wont be much, but soon it will start to add up and you can earn a quite handsome income on the Net through this.
Could I really Make Money on the Internet?
The answer to this, is yes. But what’s most important is that you know how people actually do this. I have never paid a single penny on the Net to make money and have never joined one of those “Get Rich Quick” schemes. I believe in making money out of no money, which would be a way better way to begin rather then throwing your money on spam websites and withdrawing your trust from the Net. According to me I recommend to ways of earning money on the Net.
Paid to Click Websites
Basically Paid to click(PTC) websites are websites that pay you a certain amount of money for clicking advertisements. Normally websites pay you 1 cent per click and the more ads you click the more money you make. However, since there are a limited number of advertisers, the number of advertisements are also limited and are in the range of between 5-15 ads a day.
Well if you only stay till this position then you will not be able to make more than $4.5 a month which is actually nothing.
But the interesting thing is that these PTC websites also pay you 1 cent when any of your referrals( Those whom you referred to the PTC website) clicks an Advertisement. So this means that even if you have referred 50 people to the website and if they are all fully active using their account then you make $225 just from your referrals, however I do not encourage people to stop using their accounts in the hope that their referrals will make money for them as I believe that if they become inactive, the more inactive people become, the lesser money all will earn because everyone is a referral of some other account and his/her earnings add earnings to the account of the person who referred him to the website. However, do not hesitate in joining through a referral link as it will not hinder your earnings.
However, these earnings are just in the case of 50 referrals, if you refer more then you can calculate your earnings. Also there is not only 1 PTC website, if you join upto 5 of websites like this you can easily make more than $1000. This is how you earn on a paid to click website.
Running your own Website/Blog
Many people make money on the Net by maintaining a website or a blog. But how they actually make money is by displaying advertisements on their blog or website. I believe this is a far more better way of earning money. However, it may also be noted that it is also far more difficult. However, those who are using this method are earning much more money as there are many bloggers who are earning more than $10,000 a month.
The aim is to increase the number of visitors to your website and then maintain it. As you usually get paid by advertisers if their advertisements get clicked or the amount of views it gets. But if your blog is famous enough like ShoeMoney or John Chow then you can simply rent out the advertising space at the price you want.
Which way should I choose?
I would recommend that if you’re really new to this, then you should pick the first option i.e. using Paid to click websites as that is way more easier than maintaining a blog or website. However, if you are an experienced person and you are taking the risk of setting up a website then that is even better, because eventually the money you earn wont be much, but soon it will start to add up and you can earn a quite handsome income on the Net through this.
Attracting Joint Ventures
Joint ventures should be one of the most important items on your agenda if you have a product of your own that you just have released (or are about to). If you’re new to making money online, you probably don’t have your own list to market to and in order to be successful, you should cut deals with other marketers that do have lists related to your niche.
Here are a few tips to help you attract potential JV partners:
Give your joint venture partners a higher commission rate.
Instead of normally giving your affiliates 50% of a sale, give your JV partners 75% or more. You want to let your partners know that you are serious about making a deal, and if you don’t have a list of your own, you better offer them something better than normal.
Ensure your product or service is top notch.
If you’re looking for JV partners, you better make sure your product or service is worth buying. Nobody wants to make recommendations for crappy products. Doing so hurts their reputation and as a result, their list will become less responsive to what they have to say. Give your potential parters a review copy of your product and ensure them of quality.
Work on your sales copy.
Your partners want to make sure your sales page converts people into customers. If it doesn’t, they simply make no money and neither do you.
Build a relationship with potential partners.
Don’t just hit people up with, “I want to do a JV with you. Your list will like my product.”
Ask them how they’re doing and praise them on their own products/list/website/whatever. Participate in online forums with them. Basically, don’t be a complete stranger to them.
Offer them your services.
Sometimes offering them a higher commission doesn’t work. Think about what talents you have. Perhaps you can program. If so, offer your services in exchange for an endorsement of your product to their list.
Make them an offer they can’t refuse.
Combine some or all of the points above and make them an offer they will surely be attracted to. If you’re new to the game, sometimes you just have to do more work to gain JV partners than the other marketers who have been around a while and already have contacts.
Try to get as many JV partners as possible. You want their lists to total at least 100,000 people. So, if you have 10 JV partners, each of them should have 10,000 subscribers on their list. Does this make sense? I hope so.
When you reach out to 100,000 people across multiple lists, you will naturally attract more affiliates to promote your product. Not every subscriber is on a list because they want advice; some are other marketers wanting to know about new products being released so that they can take a piece of the pie too.
Joint ventures work VERY well if you know how to do them right. Use the tips above and I’m sure you’ll be on your way to JV success.
Here are a few tips to help you attract potential JV partners:
Give your joint venture partners a higher commission rate.
Instead of normally giving your affiliates 50% of a sale, give your JV partners 75% or more. You want to let your partners know that you are serious about making a deal, and if you don’t have a list of your own, you better offer them something better than normal.
Ensure your product or service is top notch.
If you’re looking for JV partners, you better make sure your product or service is worth buying. Nobody wants to make recommendations for crappy products. Doing so hurts their reputation and as a result, their list will become less responsive to what they have to say. Give your potential parters a review copy of your product and ensure them of quality.
Work on your sales copy.
Your partners want to make sure your sales page converts people into customers. If it doesn’t, they simply make no money and neither do you.
Build a relationship with potential partners.
Don’t just hit people up with, “I want to do a JV with you. Your list will like my product.”
Ask them how they’re doing and praise them on their own products/list/website/whatever. Participate in online forums with them. Basically, don’t be a complete stranger to them.
Offer them your services.
Sometimes offering them a higher commission doesn’t work. Think about what talents you have. Perhaps you can program. If so, offer your services in exchange for an endorsement of your product to their list.
Make them an offer they can’t refuse.
Combine some or all of the points above and make them an offer they will surely be attracted to. If you’re new to the game, sometimes you just have to do more work to gain JV partners than the other marketers who have been around a while and already have contacts.
Try to get as many JV partners as possible. You want their lists to total at least 100,000 people. So, if you have 10 JV partners, each of them should have 10,000 subscribers on their list. Does this make sense? I hope so.
When you reach out to 100,000 people across multiple lists, you will naturally attract more affiliates to promote your product. Not every subscriber is on a list because they want advice; some are other marketers wanting to know about new products being released so that they can take a piece of the pie too.
Joint ventures work VERY well if you know how to do them right. Use the tips above and I’m sure you’ll be on your way to JV success.
Monday, May 18, 2009
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