«
»

So You Want to Make Money Online huh? – Part I

Make money online is easy, it does not require a lot time, a lot of efforts and I can still do it on my bed – Those are the words that are always associated with make money online. It is regarded as the easiest way in the world to earn money.

Believe me, making money online is not as easy as that. There will be no hunger problems in Africa and poor countries will become rich doing online business. In addition to that, there will be kids from around the world becoming billionaire each month. Don’t be fool by these words. In fact, there is no such term of “easy money” in either offline or online world.

I had requests from my readers on information about make money online (thanks for communicating! :p ). So, here you are guys, this is the first part of a series of articles which I called “So you want to make money online huh”, or in short: SYWTMMOhuh? :)

The series will include:

So, this article will cover only the fundamentals of money online. Now, when it comes to make money online, I’m not the biggest celebrity of all. There are many big earners and bloggers (full time or part time) out there who made handsome money online. “How did they do it?” is a popular question toss by beginners.

John Chow (johnchow.com) is one of the great online earners, he managed to get 30,000+ US dollars in October 2008 alone. Looking at his history, it took him more than 5 years in blogging to finally achieve what he has now. According to web.archive.org, he started blogging at the end of 2000 with a weird blog’s title The Weird World of John Chow. Imagine how long does it takes to get on that position.

Make Money Online: Fundamentals

There are various fashions of making money online, as long as you have payment processor (PayPal, 2Checkout) account, you can surely make money online. Payment processor is used as an ‘online bank account’ so that every transaction can be made possible.

There are plenty of payment processors available on the internet, the most famous two are PayPal.com and 2Checkout.com. So, once you have an account, money online is always possible. I’ve compiled a list of ways to make money online (feel free to add your ways at the comment box):

  • Freelance writing
  • Money Online through Affiliate program
  • PPC Ad Network (Google AdSense, Bidvertiser)
  • Selling your own products (eBook, physical products)
  • Blogging
  • Start a discussion group, discussion forum or membership site on a popular topic
  • Start your own service-based business (designing, consulting, web design etc.)
  • Website/Blog Flipping
  • Selling Links (Of course this what makes Google hate us)

Avoid: Google AdSense

And the most popular one among internet users is Google AdSense. If you are a beginner, I would suggest to stay away from Google AdSense. Joel Comm said anyone can be successful with AdSense, if he can do it, we can do it too. It is a standard marketing phrase. Google AdSense is not just about keyword analyses i.e: finding a profitable niche, it involves huge traffic to make it a success.

That is the most common mistakes beginners made, starting their online journey with Adsense. A lot of them quit because at the end of the month, their adsense earnings are not more than $5. I’m not saying that AdSense is not good, but familiarize yourself with the traffic-getting techniques (SEO and other internet marketing techniques) before registering for a Google AdSense account. You will never make it big with AdSense without huge traffic.

Recommended: Blogging

John Chow made a breakthrough in blogging world and in October 2008, he made 30,000+ US dollars from his blog. This is probably the most fondness way of making money online. Through blogging, we can combine multiple ways of making money online, for instance, freelance writing, recommend product through our affiliate links, selling direct ads (banner, text link ads), and we can even sell our blog. Once you get loyal readers and increasing traffic, you can display PPC ad like Google AdSense and Bidvertiser.

Blog about topics that you are familiar with and had a strong-knowledge.

Tell a Friend

Stay alert with new updates from me by following me on twitter! Please consider subscribing to my full feed RSS. You can also subscribe by Email and have new posts sent directly to your inbox.

Add To the Conversation by Leaving a Comment

This entry was posted on Thursday, December 18th, 2008 at 1:44 am and is filed under How to, Make Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

65 Responses to “So You Want to Make Money Online huh? – Part I”

  1. I agree; AdSense will not earn you fast money. You have to work hard at building up your site and getting visitors to your site and that takes time. I think that most people who try to make money online quit too soon. It takes a lot of work, patience, and persistence. I would liken it to rolling a boulder up a steep hill…it takes a lot of energy to push it up the hill, but once you reach the other side, that when things get easier and the money starts rolling in!

    Hannahs last blog post..How to Operate a Lavazza Espresso Machine: Lavazza BLUE LB 1000

  2. I hate these online guru’s that make it sound like making money online is so darn easy because the truth is totally opposite from that. I did write an article on my blog about this one time. If this was true, we will all be doing it!

    Salwas last blog post..Banishing Blogging Myths

  3. Lol the little section about John Chow is definitely worth it all. Anybody still not motivated?

  4. I have found Adsense to be rather ineffective on my blogs, but very profitable in the other niches I operate in. So, don’t count it out completely. Blog monetization has become extremely difficult for most average bloggers that don’t generate hundreds of thousands of impressions each month.

  5. make money online is very hard and tiring. but the good things is you do not stick to office hours. punch in, punch out.

    Hajibs last blog post..Blogging Tips Blog

  6. @Hannah: I like your analogy, it seems so true not just about money online but about life :)

    @Salwa: Yea, they made it sounds easy and it all ended a hype.

    @Ben: I believe John Chow inspired a lot of us by his marketing strategies.

    @Shaun Carter:     Yea, we still can make money out of AdSense, but we can never make it huge without inundate traffic.

    @Hajib: Yes abg hajib, that is true. :)

  7. this is a good article for newbie! simple.. but very useful

  8. thanks a lot dude, i have just subscribed to your feeds

  9. @Star: I’m glad if it helps star!

    @GLenn:     Yea no problem pal, Thanks for subscribing! :)

  10. yup,adsense not easy for beginner,like me :D
    Too many ebook sell right now that “guide u to success in adsense”
    Haha

    blowies last blog post..ESOK IRO!! ARRGH!

  11. take me back to my boat on the river that it seems like it that it seems like me

  12. Very cool. There is plenty of need for a class of this sort. Id attend but its a tad bit too far for me. Maybe Ill take a rain check.

  13. Most of the big adsense earners have multiple niche blogs….earning $5-10 per day is exactly what they are looking for, for hundreds per month.

  14. That’s so true about the Google Adsense. There’s a ton of money to be made with this, but you have to have a lot of traffic and make a solid CPC in order for this to work.

  15. i agree with you. Nothing wrong with adsense. But better you find a way how to gain traffic first.

    adsense alternatives last blog post..Make Money with Shareasale

  16. @blowie: I noticed that too, In fact the owner was not a successful person in AdSense, but they made thousands of dollars selling those “secrets”

    @Dennis Edell: Yes that’s the strategy pal, and that still require a traffic-getting skills.

    @Kenney & @adsense alternative: Indeed, that is a pre-requisite for Google AdSense.

  17. Nice article, now i am damn waiting for next parts of your blogpost.
    You have given option of sell your blog but i think this should be final step :)

    Chetans last blog post..Hit George Bush with shoe – The Flash Game

  18. I absolutely agree with all ur suggestions Bro..
    people said that money can flow into ur account even when u r sleeping. Oh My, please..the world regard efforts, not excuses. How dare u claim urself can make as much as money without any work? See..yeah some people succeed with their online business, but I’m sure they have tried the best. :)

    namadas last blog post..Arigatou Gozaimasu

  19. I totally agree about avoiding Adsense . The way so many so-called gurus talk about it, it sounds like it’s hugely lucrative. But the truth is you have to have monster traffic for it to pay off. I think you also need to know quite a bit about how to place the ads.

    I have Adsense on one of my blogs. The blog gets pretty reasonable traffic, about 600 hits a day. I’ve had the ads there for several months now, yet I’ve still only made about 12 bucks!

    Sure, one day I’ll get a cheque in the mail. But it’ll be years from now at the current rate!

  20. Adsense has been good for me, but it takes a lot of hard word building traffic.
    Another tip I would say to beginners is AVOID Google Adwords. Unless you really know what you are doing it can cost you a lot of money.

  21. I’ve tried adsense at least for 1 year. But i am never get paid yet :) . I think it need concentration to manage a good website and get some revenue.

  22. I’ll stick to Adsense, Clickbank and Forex for online income… hehehe

    cencuruts last blog post..Should I?

  23. @Chetan: Hello Chetan! Thanks for visiting. Yea, that should be the last option to do or else we’ll have no one bid for it.

    @namada: You pointed out some good points, the world will be a better place and no problems at all if things were just “easy”.

    @Matt Hayden: Hello there pal! Totally agree with that, the so-called gurus made it sounds easy just to make profit from their products. The truth is, AdSense need more than good content to make it huge.

    @Home Security Tips: Glad to hear that it works for you :) . Keep it up pal.

    @Kabon: One year is a long time pal, I suggest you concentrate on the knowledge of getting traffic ethically first before even trying to get near to AdSense.

    @cencurut: Good for you pal! I wish you best of luck :)

  24. As in all businesses, there are a few at the top, and many others selling the “secret” to that type of success. But investigate the amount of success reached by the ones hawking the ebook or CD and you will find that “those who can’t do — teach”.

  25. I really enjoy reading your blog. I agree there are multiple ways to earn money online with your blogs. With the quality of your writing, you should do well with your endeavors. I hope you continue to give value to your readers by being honest and direct. There are so many people hurting in these tough economic times. Many are turning to the internet to find help to save their house and homes. Your blog has the opportunity to help many people learn the correct way to make some extra income or to find permanent income.

    I do hope that you will refer less to John Chow as I find him a huge scammer. He has hurt more new people with his line of crap than helped people. He may have made more than $30,000 in October but he spent way more than that in Adwords campaigns.

    Please continue to help as many people as you can and you will get back way more than you give.

    djnuttal@ How to Make Money Online at Homes last blog post..How to Make Money at Earn Online Cash

  26. Luckily, Google AdSense still serve me well. :)

  27. I agree with the avoid adsense google does not pay well
    I have been get less then 20 cents for clicks on my web hosting cheap blog conversions for hosting pay $100 and my lastest top hosting provider converts at better then 10% :) so I am removing adsense!

    One of the best ways to make money online is to make review sites find the best products and best deals and promote them by listing the best products and deals you’ll get high conversion rates

    Home businesss last blog post..product review website

  28. If you don’t suggest adsense at first what do you suggest? I need to start making some money with my blog and I need help. People in general say adsense is the best and pays quite well if your niche is good.

  29. @Jason: I agree Jason, that is the problem we are facing, some of these so called “gurus” don’t even made anything significant to the niche yet made thousands out of those eBook and CDs.

    @djunattal: Hello there pal! I’m glad you like the blog. I’ll try my best to educate people about money online and avoiding scammers. About Chow, indeed he got less informative posts now compared to previous years.

    @Jayce: I’m glad it works for you pal!

    @Home business: Wise decision pal, but don’t forget to use them back once you mastered the traffic-getting techniques :)

    @Dex: You can start with pay per post and selling direct ad on your blog. Indeed AdSense is very profitable but the problem is, we can never make it big without huge inundate traffic.

  30. i am trying to build the traffic first before considering adsense.

  31. Good point. Just building a blog and slapping on some Adsense won’t do. Generating traffic is key, and without it, most other means of generating money online will have difficulty working as well.

    Erik | Taylors last blog post..Taylor Vaifanua

  32. if not adsense, then what?

  33. I know so many bloggers that use Google adsense, but only make pennies. From what I can tell it only serves Google, and it ends up making your blog look really bad.
    I am a fan of selling advertising directly, such as by reviews or banners.

  34. @PLR Advantages: That’s how it should be done. You just take a right road pal.

    @Erik | Taylor: True, traffic = money

    @budeen: Try pay per post, we still can use AdSense but after we have significant amount of traffic (if we intend to make it big).

    @Core Comptencies: True pal, GA does make your blog looks bad :)

  35. Traffic is the most important, and niche is important.

  36. When are you going to continue the series?

    Webkinzs last blog post..Webkinz Winter Fest 2009

  37. Earn money online is not easy. We have to work hard to earn money.

  38. @Downloadic: Couldn’t agree more. Traffic is the source of money.

    @Webkinz: I’ll try my best to compile those into a post later on. Make sure you are the first person to comment on the next series! :)

    @Boat trader: That is true pal.

  39. adsense works better on some blogs then others. Use it as a stepping stone to better revenue generators.

  40. yes it’s true for google adsense you have bigger site daily 500000 visitors

    NHS Staff Discountss last blog post..NHS 247 A Introduction

  41. I agree its anything but easy, in fact is dam hard, and takes a lot of time and effort

  42. This post gives the fundamentals. I like it, because it is not a get-rich-quick, but more long-term approach. Very good points, thanks.

    Jasmin Wilson@Fashion and vintages last blog post..Fashion & Accessories

  43. I think affiliate promotions are the best way to monetize your blog. Just set up a few banners on the side, sit back and watch the commission come in.

  44. @Norhafidz I’m still waiting =))

    Webkinzs last blog post..Mystery Webkinz Recipe – Twistifish Fondue

  45. Really it is very nice and very useful post and thanks for sharing it.

  46. This is really great, and to think I stumbled accross this site in a random search for something completely different. If you want I will give you the keywords I was searching it might help.

  47. Great article, nice touch with adding John Chow’s towards the end.

    Make Money On Internets last blog post..3 Easy Steps to look like a Comment Spammer

  48. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

    auto repair manuals last blog post..BORLA PERFORMANCE STAINLESS STEEL HEADER SUBARU WRX

  49. Very nice post. Thanks for sharing such informative post.

  50. Hi, it is one of the most informative posts I have ever see before. Thanks for sharing such a nice post I glad to read this. Thanks again..

  51. Hi,Its is great idea to make money online. Even any kid can make money.
    thanks for posting such a great post.

  52. Hi,
    This is really very article.
    I enjoyed the post,full of information.
    Thanks for sharing wonderful information.

  53. Hi,
    This is something very useful article.
    The fundamentals are amazing.
    Thanks for information.

  54. Good honest writing! Thanks!

  55. Great tips. I think it would be helpful for everyone.

  56. As far as I’m concerned, traffic is the bridge between making money and not online. Great points. Thanks dude and keep it up.

  57. I also advise that people blog about what they know. It’s hard to stick with something if you are constantly struggling to create new content.

    Also, if you are new to making money online, be careful. There are many scammers out there promising to show you the way, but are really just after your money and don’t provide you much in return.

    Eric Transues last blog post..Don’t Be Fooled by Fools

  58. nice info

  59. i’ve been searching for ways to make money online thanks for this info and great site you have thanks again!

  60. at first , the idea of making money online seems impossible, but from my own experience i have to admit that it’s easy , all you need is a unique content

  61. Great tips, thanks for share.

  62. very true and good points..

  63. Blogging is a good way to make additional income in the short term and if yuor focussed on your blog it will replace your part time income. I also tried adsense but failed.
    Thank you for your post. I is helpful biginner’s.

  64. I have really struggled a lot to make money from home>really speaking its about a six plus months since i am not making enough money so that i can leave my offline job.Sometime i really feel to leave all this online work.BUt this type of post motivate me to carry on the online job.Thank you very much.Its something special for me.

  65. Hi,

    Thanks for this great information. I am new blogger and I will your guidelines to exposure more.

    Thanks again.

Leave a Reply

CommentLuv Enabled