Become a work from home businessman. Quit your 9-5 job and start living a LIFE.
Difficulty: Easy
Cost: None
You can use this type of advertising on your web pages. This type of revenue generates money in several ways- per click (CPC), per action (CPA) or per impression (CPM). There are many such on page advertising options such as AdSense, Text Link Ads, and AdBrite. Some times these ads appear separately in various places of your websites. Sometimes certain words of your copy are underlined. This is one of the easiest ways to earn money. But personally I do not have much faith on this as it generates few pennies for a general website. If your websites gets thousands of visitors everyday, it will not generate much income for you. It alone won’t be enough for your business.
Difficulty: Easy
Cost: None
In affiliate marketing, you promote a product and earn money from it. There are many affiliate services such as Clickbank, www.cj.com, Azoogleads etc. You first find a product to promote and promote with the help of your websites and content. You make a commission on each sale doen by you. There are various types of affiliate products to promote and you can easily find one thst suits your content.
Difficulty: Easy
Cost: None
You can get donations through your site. You can offer something free to the readers and subscribers and can get donations from them. You can simply start getting donations by installing a WordPress plugin. Donations that come from people may not be very high, so take it as a supplementary method only.
Difficulty: Medium
Cost: None
Info products can be a good source of monetization. You can create info products like ebooks, videos, Podcasts etc and sell them to people. This is easier once you create the product. Later you can duplicate and distribute them as you want. So try to develop a great product which remains in demand for quite some time. There are many free tools to create such info products.
Difficulty: Medium
Cost: Low
This is little tough because before you do so, you will have to establish yourself as an authority in the niche or area you are targeting. You can charge a price or a premium for your content. You can get subscription money from your subscribers on a regular basis. This is why this monetization method is very popular and profitable.
Some of the content and services for which I pay subscription, or intend to pay
Difficulty: Medium
Cost: Low
You can sell something directly from your website. The item may be soft copies of a book, or an ebook or any other hard existing product. There are endless list of products that you can sell through direct sales monetization method. Some of the products that are on offer for selling may be
Goods from an offline business
ebooks, reports, podcasts
Advertising
Reviews
Direct sales are profitable when you have a good reader base. You will need good traffic to earn good money in this method. However the money earned in this method are far more than money earned through on page advertising such as AdSense.
Difficulty: Hard
Cost: None
Network marketing is a good method to earn money. It also provides residual income. But getting people to become your downline or associate is little hard. In this method, you can sell items yourself and get people to join your chain to become your downline. When you get downline, you get a percentage of their sales commission. This is a two way money earning method as you get commission for your own sales as well as sales of your downlines.
However, there are many scams in this industry and you should be careful before signing up with anybody.
Difficulty: Medium
Cost: Varies tremendously
We have written several posts on eBay and making money from it. Today, thousands of people are trading on eBay and making a living out of it. We tried it for one of our clients and helped him in getting started in eBay. It offers good money for the business.
In eBay, you buy and sell products earning profit in between. You can buy low and sell high to earn profit. You can also become an eBay affiliate and earn money. EBay can also be used to generate traffic to your website and blog.
Post Footer automatically generated by Add Post Footer Plugin for wordpress.
What’s Happening? » Blog Archive » ‘End the Fed’ « Detainthis
February 9th, 2009 at 5:21 am
[...] 8 Monetization Models | Work Home Money [...]
8 Monetization Models | Work Home Money | affiliatecgi.com
February 9th, 2009 at 5:32 am
[...] 8 Monetization Models | Work Home Money [...]
One more monetizing way for your site-Text Link Ads | Work Home Money
February 25th, 2009 at 5:34 am
[...] There are different types of monetizing techniques are available as we discussed in “8 Monetization models.” One of way you can monetize your blog or site is through online [...]
3 Key Components of a Successful Blog | Work Home Money
March 2nd, 2009 at 6:06 am
[...] bring in more visitors and keep in contact with them. If you have a blog as a business (affiliate, money making, blogging as a business or others), then it is an integral [...]
How to Make Money Blogging II | Work Home Money
June 29th, 2009 at 7:13 am
[...] you have found out about 7 different strategies to make money from blogging. Choose anyone blogging technique you want. You can also experiment with different blogging methods [...]