10 Ways to Earn Online Part 1
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The most appealing aspect of internet marketing is its pure earning potential. If done successfully, you can create and promote content on the internet that will create passive income forever (in theory). The magic of internet marketing is its scale-ability If something works on a small scale, you can almost always scale that method to figurative infinity. This will be a brief two part article to introduce some common ways people earn money online.
1) Build an Authority Site
Authority sites are those large websites that seem to rank for everything and have hundreds of pages of content. The best thing about an authority site is its huge earnings potential. If your site grows powerful enough, you can rank in the search engines for a large amount of keywords which will increase your traffic and the sites profitability. The downside of an authority site is the amount of work and time it takes to build in the beginning. It can take years to get a site this point, even if you are a veteran.
2) Build a Niche Site
Niche sites are much smaller, usually consisting of 5 to 10 pages. They target a smaller amount of keywords and bring in a smaller audience. The good thing about niche sites is that they are easy to build and can be ranked quickly.
3) E-Mail Campaigns
No, we are not talking about spam. There are actually laws against that. To run an e-mail campaign, you need to build what is called an opt-in list. What that means is that people who are on the list knowingly sign up for it and also have the option to unsubscribe to the e-mails at any time. To build an e-mail list, you will need access to a source of web traffic and give them an incentive to join the list. Once you build an e-mail list, you can send out e-mails for products on a weekly or even daily basis.
4) Write an E-Book
If you know a lot about a particular subject, you can create an e-book and sell it over the Internet. The advantage of an e-book is that there are no publishing costs to worry about. For that reason, practically anyone can make an e-book. How to e-books usually do well. To find a good subject to write about, think about a problem that a lot of people have but do not know how to solve and then solve it for them.
5) Sell on Amazon.com
You can make between 4% and 8% commission on any Amazon product you sell. If you sign up to be an affiliate on Amazon, you can begin promoting any of the millions of products that they offer on their site and make money with each sale. The great thing about this is that you will basically have access to a virtual and unlimited warehouse that contains pretty much any item imaginable. People trust making purchases through Amazon which can otherwise be an issue elsewhere. As a bonus, anything that a customer buys within 24 hours after they click on your Amazon link will be credited to your account as a sale. Chris Guthrie of MakeMoneyOnTheInternet.com became a very successful Amazon affiliate and it quickly became his full time job.
Part 2 coming tomorrow…