Never before have we lived in a time where someone can have an idea, set up a website, and turn it into a profit all without leaving their home. These days, with a little bit of focus and effort an industrious person can make money online, no problem.
To help emphasize this point, here are some of the ways we’ll discuss as part of a new article series on making money online.
- Affiliate marketing – promoting and selling someone elses services online is one of the easiest way to earn a commission for your sales efforts online.
- Direct sales – selling products or services directly off of your website is a solid way to make money online.
- Drop shipping – selling products or services that someone else offers and then having them ship orders to your customers is an easy way to make money online without carrying an inventory.
- Membership sites – we have transitioned from being a manufacturing economy to an information based economy. If you can turn what you know into what someone else will pay for then you have a nice formula for success.
- Ad networks – advertisers are eager to get their products and services in front of the right audience. The easiest way for them to do this is by creating ad campaigns using ad networks. You’ve seen examples of this in the form of banner ads on websites.
- Text link ads – search engines see links as a way of determining website value. Selling text links on your website has become an easy way to make money on your website.
- Paid reviews – writing a review about someone’s products or services is an easy way for an advertiser to buy the trust of your audience. Selling paid reviews is an easy way to make money online.
- Direct sponsorships – selling ads directly on your website is a profitable way to make money from your online efforts. This is different than having ad network banners on your website, because unlike ad network ads, you get to keep 100% of the ad revenue that comes in from selling ads directly on your website.
In the next series of articles we’ll talk about the pros and cons of each of these revenue streams and we’ll discuss ways you can implement these money making ideas into your website to start making money online.
To kick off the series, tomorrow’s article will discuss affiliate marketing and how you can turn your blog into a publishing empire that makes money just by using the words that are commonly found in the dictionary.
Let’s do this thing,
Charles McKeever
OpenSourceMarketer.com
Read Part 1 – How To Make Money Online With Affiliate Marketing
Become an Open Source Marketer