Mar 17 2008

Making Money Online | Whats Working (Part 1)

make money online success ladderFound out whats been working for me of late.

…and how to jump ahead to where I am now!

Firstly my illness flared up again and robbed me of some time over the last few months, but I’m back on track with my internet marketing again.

Luckily I have created a few ‘Niche Websites” that are making me money even when I am lying in a hospital bed!

Where I have come from…

I have experimented with everything from:

  • Affiliate Marketing without websites (bum marketing)
    The concept here is picking the low hanging fruit (trying to rank for non-competitive keywords) by writing articles or creating pages on high PageRank sites like Squidoo, Usfreeads and Ezine Articles - selling products that will earn you a commission.

  • Survey and reward point programs
    These are sites like ‘Cash Crate’ that pay you for filling out surveys, visiting websites and doing your buying through their links.
  • Selling my time on Freelance sites
    Bidding for contracts to do mundane jobs that computers can not do - like submitting sites to directories, getting paid to blog or writing copy for other peoples websites.
  • Building Adsense sites
    Probably the simplest type of site you can create. The success comes by finding a niche market that you can compete for rankings in and most importantly ones where the Pay-Per-Click for Google Ads are above $5 per click and ideally up around $20 per click.
    Once you have found your niche you simply drop in the Adsense code from google and they will serve up relevant ads, you then get paid when people click on them.
  • Building niche sites *
    These are a better option but you will need to learn some skills to do it well.
    • You can sell your own product like an Ebook on fish breeding.
    • Or you can sell other peoples product (affiliate marketing)

    The best success comes by doing a lot of market research when looking for your niche market and combining it with Web 3.0 techniques (The Semantic Web) when constructing your site into categories and content.

  • List Marketing
    You build a list of Email contacts for a certain niche or subject and provide them with 20% of the information they are seeking for free then you sell them the other %80 and promote related products from other people for a commission. I have been building a list but I give away 80% and only sell something if I have proven and tested it over a few months.
  • Multi level marketing
    This is marketing using contact lists but you have a mentor above you and disciples below you.
    Its come along way from the Amway days and probably the best introduction is Magnetic Marketing by Mark Dillard.

Whats working for best?

Part 2: Building Niche Sites with Affiliate Marketing

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