Search the web

Custom Search

Friday, July 16, 2010

The Real Truth about making cool money from online business

I know you've heard people say severally  that you can get rich on the Internet. But,  I want you to know that  making money on the Internet is not a get rich quick or an overnight business. Your Internet success  will take your time, your efforts and knowledge. There's no easy "get rich quick" method, so you need  and must spend time  building income stream from your Web site.

You can find many kinds of Websites that have the intent, directly or indirectly, to make money. 

Apart from the online retailers who are using their websites directly or indirectly to make money. These sites are coded with various moneymaking features.
Here I want you to know that if you must succeed in making money from the internet, you have to succeed at three points...
1.      * Develop a great product that is of interest to others on the Web.
2.      * Write a professional Web site designed to sell.
3.      * Attract targeted customers to the site.

Here's an excellent page describing realistic ways of making money on the Internet from your personal Web site - Work From Home. No "get rich quick" schemes. Just proven, reliable ways to build an online business or use a Website to expand your offline one.
The basis for building serious income is the high traffic. If your site only gets a few hundred visitors per month, as most of personal Web sites, you'll unlikely make more than pocket change.
Here are some ways of making money on the Internet from your personal Web site...

Freebies
Under this category are things such as free lotto tickets and various games where you can win prizes. Often, these are implemented as pop-ups and are much more annoying than banners.

Affiliate programs
They pay you a percentage of the sales you generate for them, or for each visitor you send. This is one of the best ways of making money on the Internet. You don't have to spend time and energy creating your own product. And some of them pay 50% commission. See Affiliate programs for more information on building income from affiliate programs.

Google AdSense
This is one of the easiest ways of making money on the Internet for small and medium sites by displaying relevant, text-based ads from Google AdWords (Google's own advertising program) and receiving a share of the pay-per-click payment.

Banners
They were one of the first ways of making money from hobby Web sites, however they are not so popular now since most surfers don't even look at them. In fact, the click-through rate (the percentage of visitors who actually click on a banner) has steadily dropped, from around 5% 4 years ago to less than 0.5% now.
In the Traffic-Building volume of Make Your Site SELL! 2002 (the free ebook describing all possible ways of making money on the Internet), banners are called #1 "Time and Money Wasters." Save yourself months of poorly spent time. Read this essential manual first.
If you have highly relevant, cleverly designed banners, you can beat the odds. However, you need relatively high traffic to actually make more than pocket change. In fact, most banner advertising companies prefer to only pay for actual sales (even click throughs are no longer attractive, since many people click through because they are paid to, and not because they intend to buy anything). 

Some Other tools
There are many tools that can help you make some pretty big commissions without your visitors even realizing that you're building income from their visits.
For example, several search engines will pay you a few cents per search made from your Web site. If a few hundred people use your search box, you'll earn a few dollars a day - not bad for a few minutes of cut & paste a small line of code within the HTML of your Web page.