{"id":1766,"date":"2020-12-15T12:36:15","date_gmt":"2020-12-15T04:36:15","guid":{"rendered":"https:\/\/improvise.solutions\/?p=1766"},"modified":"2020-12-15T12:59:53","modified_gmt":"2020-12-15T04:59:53","slug":"how-to-make-money-online-10-best-ways-for-doing-it","status":"publish","type":"post","link":"https:\/\/improvise.solutions\/ch\/blog\/make-money\/how-to-make-money-online-10-best-ways-for-doing-it\/","title":{"rendered":"How To Make Money Online \u2013 10 best ways for doing it!"},"content":{"rendered":"

How to make money online<\/strong>\u00a0\u2013 this question is one of the most important questions of beginner\u2019s entrepreneurs or bloggers.<\/p>\n\n\n\n

Basing on my almost five years of experience as an online entrepreneur, I\u2019ll show you\u00a010 ways to make money online<\/strong>\u00a0\u2013 9 established and very useful and one very \u201chot\u201d \u2013\u00a0Google Affiliate Ads for bloggers<\/strong>.<\/p>\n\n\n\n

Each of these points may be implemented successfully by you \u2013 it\u2019s not black magic or something for \u201cselected\u201d.  Of course there is a lot of work with all of them, and at these days your online activities needs a lot of time and consistency (for example my first website about financial products needed almost 2 years to become profitable).<\/p>\n\n\n\n

So, read carefully\u00a0<\/p>\n\n\n\n

10 Points,\u00a0How to Make Money Online:<\/h2>\n\n\n\n

1. Showing Ads On Your Site<\/h3>\n\n\n\n

The easiest way for monetizing your blog or site is by advertising. There are a lot of possibilities of it, in almost every possible category and topic.<\/p>\n\n\n\n

There is a lot of types of online advertisement. Some of them are mixture or different types.<\/p>\n\n\n\n

Below you can find most common types of advertisement:<\/p>\n\n\n\n

PPC (Pay Per Click) advertisement<\/h4>\n\n\n\n

This method is very simple \u2013 you earn money, when someone click on ads on your site. Firstly of course you must sign in into one or more of ads networks. Most popular service provider for this type of ads is\u00a0Google AdSense<\/a>. It\u2019s accessible for everyone, it\u2019s easy to set up and start earning a lot of money. But in some business areas, there is to less of advertisers, and your earnings may be very little. In this case, you may choose, for example, Chitika instead.<\/p>\n\n\n\n

CPM, CPT (Cost Per Mille, Cost Per Thousand) advertisement<\/h4>\n\n\n\n

This type of advertisement is paid per impression. That means that the advert is paid pro thousand of impressions. Simplifying it \u2013 when CPM for ads on your site is 2$, and this ad will be shown on your website 50 000 times, you will earn 100$ (because 2$*50=100$)<\/p>\n\n\n\n

Banners (graphical) ads, text (or intext) links, video ads<\/h4>\n\n\n\n

Some ads networks are specialized in one type of medium. For example Google Adsense is contextual network, with almost all types of ads (at this time without intext ads). If you want to use intext ads on your side, Kontera is for you.<\/p>\n\n\n\n

Selling ad space directly to advertisers<\/h4>\n\n\n\n

When your site or blog has a big traffic, is in specific niche, or has great content, you may try to sell ad space by your own. Of course looking for someone, who want to advert directly on your site isn\u2019t easy and quick job. It\u2019s more engaging and time consuming. But on the other hand \u2013 it\u2019s more profitable than participating in ads networks. <\/p>\n\n\n\n

\u00a02. Participating In Affiliate Marketing<\/h3>\n\n\n\n

This type of making money is accounted in CPA (Cost per Action) model. And action, in most cases, is defined as a sell.<\/p>\n\n\n\n

That means you will earn money, when someone will buy product or order a service via your referral link or recommendation<\/p>\n\n\n\n

Commissions may be very various, but most common is a percentage of the sale price. Standard is 5-10%, but for some products, commission is as high as 20-50%<\/p>\n\n\n\n

Most profitable online niches are:<\/p>\n\n\n\n

  1. Financial products<\/strong>\u00a0(mortgages, loans, bank accounts, bank deposits, Forex accounts)<\/li>
  2. Products related with making money online<\/strong>. It\u2019s very wide niche. We can find here hosting providers (for example\u00a0Hostgator\u00a0or \u00a0Bluehost), tools for keyword research, like Market Samurai or Traffic Travis, or other plugins and tools related with this topic<\/li>
  3. Products and services for health and beauty<\/strong>\u00a0(tutorials, diets, exercises, pills\u00a0\u00a0etc.)<\/li>
  4. Products and services in tourism branch<\/strong>\u00a0(hotel and fly reservations, trips, car rental services)<\/li>
  5. XXX branch<\/strong><\/li><\/ol>\n\n\n\n

    Below you can find 4 services, with a lot of affiliates programs for you:<\/p>\n\n\n\n

    1. ShareASale<\/a><\/li>
    2. Clickbank<\/a><\/li>
    3. Commision Junction<\/a><\/li>
    4. Amazon Associates<\/a><\/li><\/ol>\n\n\n\n

      3. Selling Online Your Own Product<\/h3>\n\n\n\n

      Instead of marketing someone else\u2019s products, services or websites, you can earn money selling your own product. In most cases it\u2019s more profitable for you, than showing advertises or even selling someone\u2019s products. But of course there is also the other side of the coin \u2013 you must spend time not only on promoting, but also on preparing, updating and supporting your product or service.<\/p>\n\n\n\n

      If you have no ideas, what could be your product, below you can find some most popular \u201cself-made\u201d product ideas:<\/p>\n\n\n\n

      1. Books and ebooks<\/li>
      2. Photos, graphics and videos (you can sell them for example on Fotolia or on\u00a0Istockphoto<\/a>)<\/li>
      3. Tutorials and guides about specific topics<\/li>
      4. Applications for PCs, iPhones, tablets, etc.<\/li>
      5. Tools, plugins and themes for WordPress<\/li><\/ol>\n\n\n\n

        4. Mini Sites (also called Niche Sites)<\/h3>\n\n\n\n

        For some money makers this is the most important stream of their incomes. They set up tens or hundreds of mini sites, advertise them, and are earning a lot of money from them. Earnings from single site are very small \u2013 it may be for example one dollar a day. But if you have for example 200 of minisites, you earn about 200 $ a day. Monthly it\u2019s 6 000$ \u2013 it\u2019s not to be sneezed at!<\/p>\n\n\n\n

        And some of niche sites may grow big and earn alone hundreds of dollars. If you are interested in this topic, please visit this site<\/a> (owned by Pat Flynn<\/strong>) about Niche Site Duel<\/p>\n\n\n\n

        \u00a05. Making Paid Reviews Of Other Products Or Websites<\/h3>\n\n\n\n

        If you are a good writer and like preparing reviews of products or other things, you may try to make it for money!<\/p>\n\n\n\n

        In most cases, amount of money you will get in exchange for your review, depends on 4 factors:<\/p>\n\n\n\n