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3 Ways To Make Money Online

By Joshua Elliot On September 18, 2009 Under Website General

I have been in the Internet marketing world for almost 2 years now, and there are 3 different ways to make money online. It was only the beginning of this year was I able to understand how I can make money online. Then something mysterious happen after I realised this 3 ways to make money online, I was able to make even more money.

It was only I understand them, that I was able to have a better idea of how to market to the online world, with better wisdom and marketing strategies. Here are the 3 ways to make money online:

Pay per click to make money online. This is not the type of pay per click (PPC) where you pay for every direct traffic from the search engines, it is actually using the Google Adsense system. I must confess that I do not like to use this pay per click system to earn money, because I have not even start on this model yet, and I think that it is too small a sum to make money.

I was actually wrong to have that thinking. On the mid of June this year, my friend Steve who is also a Internet marketer shared with me on how he made money using the Adsense system;

1) He make sure that the niche he is in, has a lot of searches and competition is high paying clicks.
2) Has highly targeted niche website where he position the Google Adsense where most readers will click.
3) Research the most views topic about his niche, wrote 3 articles, submit to EzineArticles.
4) Submit the three articles to StumbleUpon

That was how Steve made money online using pay per click system. There are other ways to make money online, if you have any tips to share, write on the comment below, but first let us continue on….

Pay per lead to make money online. This is the system that I am currently using and has a lot of success, especially on the offline business. What this system does is to get targeted and interested leads, and sell them to the offline businesses, where they will follow up with the leads and sales will be close then. I must comment that the leads that I generated for the business owners have a closing percentage of 20% ~ 30%. This is also highly dependent on the business nature also.

Of course there are other types of pay per lead system, where as long as the lead fills in their name, email, mobile and their problems, we will be able to make money from generating leads. How much a lead is pay is also dependent on the nature of business, usually it will range from USD$5 ~ USD$50 per lead.

Pay per sale to make money online. This is the most used system, like affiliate marketing or even selling your own product online. You are being pay when you make a sale. The main advantage of this system is that it is straight forward and not complicated. You can use email marketing, blogging, pay per click, SEO and many others to do this.

When you fully understand the above 3 making money online method, you will begin to realise that making money can be easy. Be it using SEO, PPC, Email marketing, Blogging, Forum marketing, and many others. Your outcome is to make money online. That will be all now.

I am not a that experienced yet, but know quite a lot, share with us how you make money online, is it using the above three ways or others? I will be waiting for your comment below.

Popularity: 23% [?]

6 comments - add yours
Carl Coddington

September 21, 2009

I have not tried pay per click. I heard it only works if you are REALLY lucky, or you spend a LOT of money on testing.

Joshua Elliot

September 21, 2009

Thank you for your comment Carl.

Pay Per Click is not about luck but a skill.

There are a lot of things involved to get a successful PPC with a good ROI.
PPC is especially good for offline businesses. You should try it if you are doing
offline business or offline consultation for the business owners.

Joshua Elliot

BigManta

September 24, 2009

I don’t know if this would fall under the pay per lead – as I think it’s a little different, but pay per action is another way to make money. People will pay you when someone submits their email address, phone number, zip code, etc. and never have to take out their wallet. They’re commonly referred to as CPA offers and they seem to be gaining in popularity and momentum lately as a way to make money online.

Joshua Elliot

September 24, 2009

Hi BigManta,

Thank you for commenting.

I forgot to add that Cost Per Action is actually Cost Per Lead, both are selling away
the lead’s details away to a business, where they will do a follow up with this hot
lead.

This is a rising trend in the Internet marketing world, and I prefer to use this model
too, because as long as you set it up right, it will become passive.

Looking forward to hear from you soon.

Joshua Elliot

Dayo Nurudeen

September 28, 2009

Joshu could you please provide some links apart from the well know google/stumble/ezine to back your words?.

The PPC is simply the simplest and best way to make money from a blog/website, the rest can be a headache for a newbie.

You only need to get as much traffic as possible to kick-start it.

Joshua Elliot

September 28, 2009

Hi Dayo,

Thank you for your comment.

I will rephrase my words. Have you ever heard from someone that they made thousands a month in Google Adsense? Yes, and I know who they are and they have a very specific strategy for making money using Adsense. But in order for you to make money in Adsense, you need traffic, to be precise tons of traffic in order for you to make hundreds. I am taking a ratio of 100 visitors per click (which is the worst ratio you can get).

In order for you to make $100, assuming that a click is $0.20, you will to have get 500 clicks, that is 50,000 visitors to your website monthly.

So that is why Steve make sure that he research on a very high end niche where he will have high paying clicks, positions the Adsense ads where the visitors will most lightly click. The niche he is in will pay from $0.80 to $1.50.

Lastly to bring in traffic to his web page, is using article marketing. He did his research and wrote three articles that were what the searchers were looking for at that time. Thus making a lot of views in his articles, and directing them to his web page with Adsense Ads.

I understand that for a newbie it can be quite hard, but they do not even try using it, how would they know its so hard.

Anyway, when they have make the money, they will always think that the hard work is worth it.

Hope that answers your comment, if you have any more questions to ask, feel free to comment again and I will reply ASAP.

Hope to hear from you soon.
Joshua Elliot