Tuesday, June 4, 2013
Method #13 - ECommerce/Dropshipping
ECommerce sites are basically shopping sites. Think of Amazon as the
ultimate ECommerce site. It may be a store for sports supplements,
wedding decorations, or cat furniture, but it’s a store set up online
for shopping. Drop shipping is when you outsource the actual manufacturing and inventory to a factory that you have no affiliation with. For instance, let’s say I want to start a business that sells
scarves. I can outsource the actual manufacturing of the scarves to a
factory in China, and then connect them to my US-based online store. So
when someone orders on my store, the factory automatically churns out
the product and ships it over. There’s a lot of logistical hassles involved in drop shipping
businesses. There are also higher start up costs and more ways things
can go wrong. One must be certain that there’s a strong market demand
for whatever product they want to sell or you can lose money quickly.
But once drop shipping businesses are off the ground, they’re usually sustainable and consistently profitable.
Method #12 - Stock/Options/FX Trading
The catch is that 1) you have to love it, 2) you have to spend an insane amount of time educating yourself about markets, and 3) you have to be willing to deal with the insane emotional stress of making $20,000 in an afternoon and then losing $30,000 that night after dinner. It’s like poker stress times five.
Periodically, I pick my friends’ brains about this stuff because I find it interesting and this is what I’ve gleaned: There is a lot of SHITTY information out there. So much, that you’re better of just learning the fundamentals and then observing and developing your own principles and ideas based on your own experience and observations. You’re never going to learn more about a market than everybody else, and there are always going to be insiders who have more information than you. So the best you can do is learn to watch the trends among the other trades and react based on those.
Method #11 - Software Development
Despite the recent Great Recession there is still a massive undersupply of programmers and software developers.
Programming itself is becoming outsourced to places like India. But a software developer sees the broader picture and is able to manage and apply different programming jobs into a larger cohesive project or application.
The big boom area at the moment is web development and mobile applications. There are thousands of businesses out there who are under-utilizing their web and mobile presence and have tons of money to throw at it. That’s where you would come in. As there aren’t enough developers to meet the demand at the moment.
Pros: High demand and big pay days. There are a couple of software developers in my mastermind group and they’re regularly bantering about five-figure projects they’re working on. Also, software developers are integral to any start up, meaning that the skill-set will often net you an equity stake in many of the start ups you hop aboard.
Cons: Must be highly qualified to do it. It’s probably the only thing on this list that you HAVE to go to school for at some point, unless you’re just a prodigy or something. The other big problem with software development is that if you’re going to get out of the cubicle, you’re going to need some connections and big ticket clients to get you out the door. Almost everyone I’ve met who is making this work started out at a larger company, bailed and brought a few clients with them to get them going. Unlike some other skills, freelancing on Elance or oDesk will not be lucrative, as you’ll be battling all of the $10 and $12 an hour Indian developers.
Programming itself is becoming outsourced to places like India. But a software developer sees the broader picture and is able to manage and apply different programming jobs into a larger cohesive project or application.
The big boom area at the moment is web development and mobile applications. There are thousands of businesses out there who are under-utilizing their web and mobile presence and have tons of money to throw at it. That’s where you would come in. As there aren’t enough developers to meet the demand at the moment.
Pros: High demand and big pay days. There are a couple of software developers in my mastermind group and they’re regularly bantering about five-figure projects they’re working on. Also, software developers are integral to any start up, meaning that the skill-set will often net you an equity stake in many of the start ups you hop aboard.
Cons: Must be highly qualified to do it. It’s probably the only thing on this list that you HAVE to go to school for at some point, unless you’re just a prodigy or something. The other big problem with software development is that if you’re going to get out of the cubicle, you’re going to need some connections and big ticket clients to get you out the door. Almost everyone I’ve met who is making this work started out at a larger company, bailed and brought a few clients with them to get them going. Unlike some other skills, freelancing on Elance or oDesk will not be lucrative, as you’ll be battling all of the $10 and $12 an hour Indian developers.
Method #10 - Tweet for Sponsors
All throughout the process, the tweeter has full control over his or her account, and may choose the wordings of the tweets, or may choose to reject the tweet altogether.
Method #9 - 6 Ways to Make Money through Online Content
- Sell your music. A few years ago, Radiohead made headlines by selling its latest album via its own website and raking in the dough – for donations, no less. Though your act might not have Radiohead status (yet), many small, independent, and even big-name acts have followed suit: as it turns out, a handful of sales with no middleman adds up to a lot more than what most artists end up with once the record industry has gotten its “dues.”
- Become a freelance designer.
Create a website showcasing your portfolio and build a client list by
finding work in the online classifieds. Though it takes more time to get
established doing business this way, you can set your own prices and
won’t have to share your profits with the graphic design house.
- Sell stock photos.
This is a good way to make money while pursuing a fun hobby. Since
people search for stock photos by keyword, your work will be on the same
playing field as everyone else’s, meaning you should submit any photo
you think is decent. Once it has posted, your work is done, and while
you won’t generally make much per sale, having a good number of photos
can mean accumulating a nice monthly side income with virtually no
upkeep. iStockphoto, ShutterStock, and Fotolia are a few good places to
shop around.
- Sell an ebook.
eBooks are not for everyone, but if you’ve ever found an innovative
solution to a desperate situation and wished you could have simply paid
someone to give you the answer sooner, it’s likely there’s a market out
there for an ebook on the subject. Shop around to see what else is
available and look for people posting in forums with similar issues.
Don’t waste your time writing an ebook about something someone can
readily find answers to; it’s something you want to reserve for people
who are at their wit’s end.
- Sell an app. In a
multi-million-person marketplace, $1 or 2 per sale can go a long way. If
you have a great concept but no programming know-how, it might even be
worth it to hire a programmer. Just make sure you shop around for
similar ideas, find ways to one-up your competition, and comply with the
rules of the company on whose devices you’d sell the apps.
- Sell articles.
Lots of small businesses, websites, and marketers need good written
content and smooth keyword integration to help them get more traffic.
Though you won’t make much to start with, most articles will only be 200
to 300 words, which are a snap to crank out. As you prove yourself to
be capable, you can start charging more for your services. If you’re a
skilled writer, you might even try submitting your work to formal
publications.
Saturday, June 1, 2013
Method #8 - 10 Ways to Make Quick Money Online
Amazon Mechanical Turk
Amazon’s version of a “marketplace for work.” Find tasks such as testing sites, writing articles, taking surveys, complete them and earn money.
Conduit
Conduit allows you to create custom toolbars. Every time someone downloads your toolbar, you get paid. Get people to download the toolbar and you’ll receive a few dollars each time.
eBay
Rummage through you’re stuff, find anything of value that you don’t need sell it on eBay, Amazon or Craigslist. If you’re interested in going further than that start selling your family and friend’s items for a commission.
Paid Articles
Content sites are always looking to pay for quality content. Check out eHow, BrightHub, Constant-Content and cash in on you’re expertise.
Experts Exchange
Are you a techie? If you are, join Experts Exchange and answer people’s questions on hardware, software, programming and more, to receive rewards.
Microworkers
Make “micromoney” doing “microjobs” on Microworkers. Make money by completing tiny tasks online for people such as signing up for sites, Digging articles or linking to sites.
Student Of Fortune
Student of Fortune is an online tutoring and homework help platform. Students who need help post questions with cash rewards and depending on how well you answer it, you receive the cash. The top tutor has earned over $127,000!
99 Designs
If you’ve alway been good at Photoshop, 99Designs is the perfect place to cash in on your skills. Enter logo, tshirt, icon, website, print design contests.
Fiverr
Fiverr is a marketplace for $5 odd jobs. People offer jobs such as installing WordPress plugins, computer programming, translations, designing business cards and much more.
ChaCha
This search engine is powered by real people. Each time you respond to someone’s search you will be paid a small amount.
Friday, May 31, 2013
Method #7 - AdSense: Increase CPC (#2)
This is part 2 of how to increase CPC for Google AdSense. For part 1, please check out Method #3 below.
1. Display text and image ads.
Simple, just display both text AND image ads and watch your CPC grow.
2. Display less ads
When your website has a lot of ads, some of them might have low CPC. Remove these ads so your visitors only click the ones with high CPC.
3. Blocking adverts
In your AdSense control panel, you can allow and block ads with particular content. DON'T BLOCK ANY OF THEM. The more ads that are possibly going to be on your website, the more bidders. Let me explain. Before showing the ads on your website, companies will bid for a spot on your website with their ad. This can be done by a CPC bid or CPM bid. Most of the time it is a CPC bid. So if there are more bidders, the CPC will go higher.
1. Display text and image ads.
Simple, just display both text AND image ads and watch your CPC grow.
2. Display less ads
When your website has a lot of ads, some of them might have low CPC. Remove these ads so your visitors only click the ones with high CPC.
3. Blocking adverts
In your AdSense control panel, you can allow and block ads with particular content. DON'T BLOCK ANY OF THEM. The more ads that are possibly going to be on your website, the more bidders. Let me explain. Before showing the ads on your website, companies will bid for a spot on your website with their ad. This can be done by a CPC bid or CPM bid. Most of the time it is a CPC bid. So if there are more bidders, the CPC will go higher.
Thursday, May 30, 2013
Method #6 - Domain names
Domain names are valuable internet real estate and some people actually make a nice living off of buying and selling them. One strategy is to use Google Adwords to find keywords that are trending and use that information to buy domain names that you think may soon be in demand. However, since short, snappy, or straightforward domain names have already been mostly snatched up, you can also get lucky buying domain names that are random acronyms, as you never know when a person or company with those exact initials will decide to set up a website. CPC.com, for example, sold for over $200,000 when Contract Pharmaceutical Corporation decided to go online. Not bad for three letters.
Method #5 - FeaturePoints
FeaturePoints.com is a website that pays you for just downloading apps from your iOS or Android device. You earn points and can then spend them to get money on your PayPal or to get gift cards, paid apps/games, ...
1) Go to www.featurepoints.com from your iOS or Android device
2) Click "Sign up"
3) The website will now install something so it knows which device you're using - don't worry, it's safe
4) Go back to your browser and insert the following referral code to get 50 extra points: LT1SJ5
5) Agree to the terms
6) Start downloading apps!
7) Withdraw your earnings: this can be done by PayPal, Amazon Gift Cards, ... You can even get paid apps for free by spending your points or get a iTunes Gift Card!
FeaturePoints also grants you 50% of the earnings of a friend when you refer them!
1) Go to www.featurepoints.com from your iOS or Android device
2) Click "Sign up"
3) The website will now install something so it knows which device you're using - don't worry, it's safe
4) Go back to your browser and insert the following referral code to get 50 extra points: LT1SJ5
5) Agree to the terms
6) Start downloading apps!
7) Withdraw your earnings: this can be done by PayPal, Amazon Gift Cards, ... You can even get paid apps for free by spending your points or get a iTunes Gift Card!
FeaturePoints also grants you 50% of the earnings of a friend when you refer them!
Method #4 - Review Blog
1) Find a niche. It doesn't matter what niche you choose, just choose one that is popular like weight loss for example. Then
find products and their affiliate programs (clickbank would be fine for this)
or any offers with a CPA (click per action, when you get paid for doing an action, in this case everytime someone signs up to the affiliate program) network.
2) Create a review blog. Make it in Wordpress (there are review themes which you can choose) and add reviews of a couple of popular products. Try make them sound like real reviews. Cloak your affiliate links and make sure they track correctly.
3) Setup Google Alerts for the following:
[product name] - for each different product you have reviewed
[your niche]
[competitor products]
[anything else that's relevant]
4) Check your Google Alerts regularly.
5) If you've chosen a niche that is popular enough, you should get a ton of alerts like this. Usually they will be press releases, blog posts, forum posts, etc. The idea behind using Google Alerts is that you are one of the first people to comment on a forum thread/blog post and therefore will get more clicks.
6) Visit every URL and post your blog URL there. Don't make it look spammy!
7) Repeat previous steps
If you follow these steps closely, you will easily be able to earn $100 a day. Just pick a good niche and you will get tons of traffic to your blog. Set up Google AdSense and you're ready to go! Preferably choose a niche that has high CPC as well (see method #3).
2) Create a review blog. Make it in Wordpress (there are review themes which you can choose) and add reviews of a couple of popular products. Try make them sound like real reviews. Cloak your affiliate links and make sure they track correctly.
3) Setup Google Alerts for the following:
[product name] - for each different product you have reviewed
[your niche]
[competitor products]
[anything else that's relevant]
4) Check your Google Alerts regularly.
5) If you've chosen a niche that is popular enough, you should get a ton of alerts like this. Usually they will be press releases, blog posts, forum posts, etc. The idea behind using Google Alerts is that you are one of the first people to comment on a forum thread/blog post and therefore will get more clicks.
6) Visit every URL and post your blog URL there. Don't make it look spammy!
7) Repeat previous steps
If you follow these steps closely, you will easily be able to earn $100 a day. Just pick a good niche and you will get tons of traffic to your blog. Set up Google AdSense and you're ready to go! Preferably choose a niche that has high CPC as well (see method #3).
Method #3 - AdSense: Increase CPC (#1)
There are a lot of ways to increase your CPC or cost per click. If you don't know what CPC means, check out Method #2 below.
1. Niche
The CPC of an ad depends on the topic you're talking about on your blog or website. A niche is known as a subject that pays high CPC. Examples are:
2. Country
Your CPC also depends on the person who clicked your ad's country. For example, someone from the USA will earn you a couple of bucks, while someone from India a couple of cents. Focus your blog/website on a country with high CPC.
3. Keywords
Look for keywords with a high CPC and high search volume. Use the AdWords Keywords Tool to help you. Type in a keyword and it will show you the average search volume per month and the CPC (if you enable it on the right). Now just look for high CPC keywords and use them on your blog or website. Don't use them too much though as Google will consider it keyword stuffing and will get you banned. I suggest you use a keyword in your post title, in the body and as a label. Some of the highest paying keywords are: (keyword on the left, CPC on the right)
Check back soon for more tips!
1. Niche
The CPC of an ad depends on the topic you're talking about on your blog or website. A niche is known as a subject that pays high CPC. Examples are:
- Domains – Pays highest CPC.
- Gadget
- Microsoft
- Banking
- Automobile
- Health
- Real Estate
- Home Loans
- Jobs
- Dating & Romance – Pays lowest CPC
2. Country
Your CPC also depends on the person who clicked your ad's country. For example, someone from the USA will earn you a couple of bucks, while someone from India a couple of cents. Focus your blog/website on a country with high CPC.
3. Keywords
Look for keywords with a high CPC and high search volume. Use the AdWords Keywords Tool to help you. Type in a keyword and it will show you the average search volume per month and the CPC (if you enable it on the right). Now just look for high CPC keywords and use them on your blog or website. Don't use them too much though as Google will consider it keyword stuffing and will get you banned. I suggest you use a keyword in your post title, in the body and as a label. Some of the highest paying keywords are: (keyword on the left, CPC on the right)
Data Recovery Raid 95.22$But remember! Don't talk about "Mesothelioma Law Firm" because it has a high CPC when your content is not about this keyword.
Personal Injury Lawyer 67.53$
Car Insurance Quotes 61.03$
Asbestos lung cancer 35.56$
Injury lawyers 62.79$
Mesothelioma Law Firm 189.01$
Sell annuity Payment 137.46$
Structured Annuity Settlement 110.8$
Annuity Settlements 120.72$
Virtual Data Rooms 73.18$
Automobile Accident Attorney 75.57$
Auto accident Attorney 78.64$
Car Accident lawyers 72.17$
Personal injury law firm 41.56$
Online Criminal Justice Degree 62.4$
Car insurance Companies 54.66$
Business voip Solutions 58.9$
Check back soon for more tips!
Wednesday, May 29, 2013
Method #2 - Google Adsense
If you have your own website or a blog here on Blogger, you can sign up for Google Adsense. Just make sure you have some content on your website/blog and you'll be accepted immediately.
How Adsense works: you can place adverts on your website/blog and every time a visitor clicks it, you will get money. Don't try to click them yourself though, as it will get you banned!
At your Adsense Dashboard, you will be able to track your earnings. The CPC or cost per click is the amount of money you get per click. This can range from as little as $0.01 to several dollars! CPM or cost per mille is the amount of money you get for 1000 clicks. Check back soon as we will post methods to increase your CPC!
The CTR or click-through rate is the percentage of your visitors that click an ad. To increase your CTR, there are also several methods. The number 1 tip is the ad placement on your website/blog and the size of the ads. I know from experience that leaderboard ads (728x90) and large rectangles (336x280) are the best for a high CTR. When you use Blogger, you can only place 3 ads. I suggest 1 leaderboard ad at the top of the page, under your header and 2 large rectangles either side of your blog posts.
How Adsense works: you can place adverts on your website/blog and every time a visitor clicks it, you will get money. Don't try to click them yourself though, as it will get you banned!
At your Adsense Dashboard, you will be able to track your earnings. The CPC or cost per click is the amount of money you get per click. This can range from as little as $0.01 to several dollars! CPM or cost per mille is the amount of money you get for 1000 clicks. Check back soon as we will post methods to increase your CPC!
The CTR or click-through rate is the percentage of your visitors that click an ad. To increase your CTR, there are also several methods. The number 1 tip is the ad placement on your website/blog and the size of the ads. I know from experience that leaderboard ads (728x90) and large rectangles (336x280) are the best for a high CTR. When you use Blogger, you can only place 3 ads. I suggest 1 leaderboard ad at the top of the page, under your header and 2 large rectangles either side of your blog posts.
Tuesday, May 28, 2013
Method #1 - URL Shortening
If you ever thought of making money online, you probably came accross URL shortening. Now, it might not seem to be worth all the effort, but let me tell you, there are some URL shortening services out there that DO pay a nice amount of money.
If you ever came into contact with URL shortening, you definitely heard about AdF.ly. Personally, I don't get it why it's so popular, because it doesn't pay good... at all. It pays around $2.50 per 1000 clicks.
So recently I found a really good paying URL shortening service:
If you ever came into contact with URL shortening, you definitely heard about AdF.ly. Personally, I don't get it why it's so popular, because it doesn't pay good... at all. It pays around $2.50 per 1000 clicks.
So recently I found a really good paying URL shortening service:
It pays THREE TIMES the amount of AdF.ly, being $7.50/1000 clicks. Three times! Here are some other cool stuff worth mentioning:
- It doesn't pay monthly like AdF.ly. You can withdraw your earnings whenever you want!
- You get a 20% commission for referring users
- You can easily earn several bucks per day, guaranteed
So if you'd like to try this one out, just click the link. If you have some decent traffic, you can get some serious money from this.
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