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My Top 6 Methods to Make Money Online

How can I make money online?

This has been the question I always see in my inbox,  so I want to stress it out today in this blog postGoogle Adsense

Hopefully, you have now set up your Blog and are now receiving some amount of traffic. You will now have to decide how you want to make money with it which is the main reason why you’re blogging. But my question is, how do people actually make money with their blogs?

Now, there are a lot of ways to achieve this but I’ve just listed the most popular ways and hopefully, you’ll be able to use all of them eventually but I’d advise you start with one and once you’ve mastered it, you can now move up and add another income stream and go from there.

Enough of that, let’s get the ball rolling. Below I’ve written the best ways to make money online from your blogs.

Google Adsense

By far the most popular way to make money online is via the Google AdSense program. Google Adsense is a free program which you can sign up for through Google, if they approve you, they will place targeted ads on your blog and when people click these ads you get paid a percentage. The difficult part of the program is that you must be getting a substantial amount of traffic to your blog before seeing encouraging results.

However, the price per click varies from niche to niche but there are some pretty good ones out there which sometimes get up to $10 per click which is pretty incredible really. I would stress this is top end earnings and would totally depend on the niche.  They pay their publishers via check when their earnings get to $100.

Depending on the niche you’re targeting, you can make a hell of money using Google Adsense and I’d highly recommend it to newbies because it’s easy and fast to set up and has the most likely chance of success. If you’re going to use Google Adsensefor making money with your blog, I’ll advice you read their TOS first so as to know the things to avoid so that you’ll not be banned from the program.

More details on Google Adsense program and how you can make with it can be found from their official website at Google.com/adsense. You can also read in details: the tips from 3ptechies that talks about several ways to earn online.

 

Yahoo Publisher

A program similar to Creating your own products is Yahoo Publisher Network. If you’ve not applied with Yahoo Publisher yet, I would recommend setting up an account.

They have been in BETA stage for the past few years, but they are still accepting new applications. Your site must have original and unique content to be accepted into Yahoo Publisher.

Keep in mind that if you apply for an YPN account, that you cannot place YPN and Google Adsense ads on the same page, you have to choose between one of the two advertising options.

More details on YPN:   http://publisher.yahoo.com/

 

Clickbank Ad Rotator

Clickbank Ad Rotator is very similar to Google Adsense and Yahoo Publisher. It can also be used in conjunction with your Google Adsense and Yahoo Publisher Ads.

This software pulls ads advertising products from the Clickbank Marketplace; you can decide which keywords you wish to use and size, text etc for your ads.

The beauty of the Clickbank Ad Rotator is that you can earn the full affiliate sale, so can earn anything up to $75 a sale from your clickthroughs, rather than just earning a small percentage per click that Google Adsense and Yahoo Publish offer.

More details on Clickbank Ad Rotator: http://www.cbadrotator.com

 

Chitika

This is another solid option for making money with your blog. Chitika is another CPC option which can actually be placed on your website along with Google Adsense. They are just like google adsence but the different is that they pay you ones your earnings gets to $50.

Unlike YPN which cannot be displayed on the same page as Adsense, you can indeed have Chitika ads along with Google Adsense.

They have recently launched a new program called Premium Ads. More details on Chitika: http://chitika.com/premiumads.php

 

Affiliate Marketing

One of the simplest ways you can make money from the Internet is by promoting other people’s products and earning a commission on every sale you generate.

However, affiliate programs are an easy way to earn money from your mailing list. Even if your list is small, it is still targeted and your subscribers will be interested in a product aimed at their niche. In fact, some people on your list will actually thank you for  recommending a product to them which helps to solve their problems.

You can get started immediately with affiliate programs. Just sign up for a free account at Clickbank, which is the largest marketplace for selling digital products on the internet. They have been in business for 10 years and always pay out like clockwork.

Other affiliate networks you can check out are Commission Junction and Paydot.com

When you are signed up, take a look at the marketplace and search for available products in your niche. There are thousands to choose from in many popular niches – make money online, dog training, weight loss and dating to name but a few. When you find a product you are interested in, Clickbank will also tell you if it is selling and worth your effort. Every product listed has the following information associated with it:

?$/Sale. The commission you will earn on each sale.

?Future $. If the product you are promoting is a membership website with a monthly fee then you will earn recurring revenue on an ongoing basis.

?Total $/Sale. The money you will earn when you make a sale.

?%/Sale. The sales commission percentage of the total price.

?%refd. The total percentage of the product’s sales referred by affiliates. The remaining percentage was from direct sales with no involvement from affiliates.

?Grav. The gravity of the product which is essentially the number of affiliates who have made sales during the last 30 days. The higher the gravity, the more affiliates who are actively promoting the product and making sales. Look for products with gravity of 20 or above. It means you will have more competition of people promoting the same product but it also means there is money to be made out of promoting it!

There are two types of product you can promote – one off products or passive income products, i.e. membership subscriptions. Membership subscriptions can be a great source of passive, recurring income because you will earn a commission each and every month a person renews their subscription.

For example, you could sell a $97 ebook with a 50% commission and this would put $48.50 in your pocket for every sale you make.

However, if you promoted a membership website which costs the customer $97 per month and has a 50% commission, that means you earn $48.50 every month for as long as the customer stays subscribed! As you can see there is so much money to be made from these methods than other methods

Creating Your Own Products

Creating your own products is the best way to earn money on the Internet but in the very early stages of your blogging career it is not that critical. Your first information product have to be one that you’ll give away free, as an incentive for people to opt-in to your mailing list.

You could write a how to guide to a topic you really know about. If you are involved in the Health niche it could be about how to loose weight, How to quit smoking etc.

You can use blog posts you have already made on the topic as a basis for your free report as well as any notes you have kept along the way during your learning. The report needs to be in the industry standard PDF format.

The most lucrative way to make money with ebooks now is by selling Kindle books via the Amazon Kindle Publishing Program. I have not conducted much research on this program yet but I will advice you join Pat Fynn’s group on facebook if you really want to learn more about this awesome program.

These are just a few options for monetizing your blog. If you want to read more on this subject, click here.

Finally, there are many ways to make money from the Internet which I will not be able to cover in these blog post, but you can also conduct your own research by visiting other blogs in your niche and finding out how they monetize their blog or by just typing HOW TO MONETIZE A BLOG on google.

Remember what I said in the beginning; focus on one method until you start seeing some tremendous result before applying the next method.

What other method do you make money from your blog? Please share it with us in the comment section below.

Please if you like this blog post, help spread the news by Sharing and Tweeting it.

Theodore Nwangene
 

Theodore Nwangene is a full time Blogger and Freelance writer. He is the founder of many businesses among which is Top Blogging Coach where he teaches young and would be Entrepreneurs how to create a lasting Internet Business and quit their daily work. Visit his blog and learn many ways you can improve your blogging experience. Connect with him on Twitter and on Facebook.

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