Many people are looking for an additional income source apart from their day job; to move their life better. People are struggling to keehow advep their family happy, healthy due to their limited income .and some are want to save some money to meet their future requirement. If you are one like that, and want some extra income from online? You are in the right place. I will tell you how? And remember you don’t need to spend money, but definitely need to spend time. Just subscribe my daily news letter, follow my instructions. If you are patient enough to wait some time you will be making money online within 6 months.
There are thousands of online money making scams on the internet definitely there are few legit ways to make some descent income from online. Before telling about legit money making ideas it is necessary to understand thousands of online scams. It is said that 98% of online money making ideas are scams. So be careful before selecting and pay for it. Many money making ideas like online data entry, Paid to click on advertisement, form filling, online survey, ad posting job and many more are scam.
How they cheat you?
Everybody wishes to make money online. But most of us don’t know how? So these scam people take advantages of your desire and give you promise of thousand of dollars instantly from some online work like online data entry, online form filling etc. initially they will ask for a registration fee might be very low and tell you to deposit money in their bank account. After paying money they might give you some form to fill up or some data entry work. There ends their business. When you contact them after completing the given work, nobody is there to respond your question this is what happening in most cases. Nobody makes complaints against them when you lose money. You won’t tell anybody about this due to nervousness. This is the strength of those people. Online survey and paid to click on advertisements are another scams lets discuss how they cheat people later. I suggest you to completely ignore people who offer online jobs for an initial fee.
Does Online Money making require investment?
Actually no. but for better effect and wish to start business professionally It requires some amount to meet your own expense like web hosting , domain registration etc ( please don’t go away this is not necessary) . and don’t need to pay someone else. These expenses are needed to setup your own business. So what are these legit money making ideas?
- Blogging: – This is considered as the most successful online money making ideas ever over internet. A blog is an online platform where you can express your own ideas and thoughts. You are reading my blog and I make money from it! Don’t be panic you can also make blog which is not very hard to do. I will teach you how. Believe me it’s simple.
Nowadays you don’t need to know coding like html, css, and php to build a blog there are many hosted blogging platform like blogger.com, wordpress.com from where you can build a blog in seconds. For creating self hosting blogs requires little technical knowledge but that too is not too difficult. If you are following my upcoming posts things will become easier to understand.
How Blog makes money
I will simplify this, you might have scene Google’s advertisement on many websites, see the ad image below.
Google is internets number one advertising broker. From the above image you can see that HDFC bank has given advertisement to Google to improve their business. When people click on the ads they will directed to HDFC website where they have mentioned full details about fixed deposit or where they have kept an online form to collect customer data. From these data they can easily generate business. Google gets cores of advertisement like this to sell products and services. Google displaying these ads on Google’s own Gmail and in Google’s search result pages. See the marked areas of images below
But Google’s own web pages are not enough to serve all the ads t they are receiving. They are selling these ads to people who have blogs or website which generate some descent amount of traffic.
What are google’s advertisements Program: – Let us classify google advertisement program in to two 1) Google adsense for publishers and 2) Google adwords for advertisers. In fact both are same.
- a. Advertisers are approaching Google to advertise their product through a program called Google adworld
- b. Google adsense is the program for publishers who wish to publish Google ads in their blogs and make money from it.
So you are one who wants to make money from online then your program is Google adsense please don’t apply right now you won’t get it like Gmail account. Before that we must complete a lot of things. Google is bit strict about approving adsense account. So follow me.
How you get money from adsense:-Let’s continue from the above HDFC example. When they approach Google for advertisement at Google adwords, the advertiser has to declare a bid price for each click gets on their ads or each people directed towards their website. For example HDFC wish to give $1 for each click gets on their ads. This 1$ is shared between google and you the current revenue sharing ratio is 32:68 That is you gets $0.68 for one click received on ads.
Why advertiser pays you money
The reason for advertisement is to make popular their product and services, and to improve sales. Advertisements are happening in the places where it gets much attention of general public. Medias like television, news paper, magazines, and internet are generally used for advertisement. For online advertisement the advertiser must have a website. People click on his advertisement and reach the web pages in which his products can be sold or his products details are mentioned. Usually a website with 100 visits per day can be converted in to sales approximately 6 to 10 .Which means more traffic = more sales thereby increase in profit. Advertiser spends more money to get more visits. So you are sending your visitors to advertiser’s website and he takes benefits of that visit. This is the reason he pays you.
What are other online advertisement programs?
There are many advertisement programs. I mentioned Google adsense here as it is the best, effective and reliable pay per advertisement program. Chikta, Bidvertiser, Infolinks are some of the other. We will discuss about them later.
- Affiliate Program: – This also required website, blog or email news letter. You will earn money only when the desired action is completed by the visitor. For affiliate marketing you have to add an affiliate link to your blog (may be a image link or text link) when a visitor click on the link and reach advertiser website will not get you money in most cases, the visitor must complete the action mentioned buy the advertiser like
- Buy a product
- Buy a service
- Complete a registration form etc
See a diagram on how affiliate marketing works
How you get money from affiliate marketing
Here is an f affiliate link of a web hosting company
Publisher gets money when a visitor purchase web hosting using this link. Payment may be on the basis of sales amount i.e. a certain percentage of sales happened through your blog or a fixed amount on each sales etc. most affiliate company pays you through paypal which is an easier way to receive and send money online. Paypal operates in a country in accordance with regulations of the central bank of the country. Some companies are paying through cheque.
How advertiser track your sales
Each affiliate or publisher (blog owner) will be given a unique affiliate id which will help to trace the traffic and sales from your blog
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Once you sent a visitor to the advertiser website, a tracking cookie will insert in the visitor‘s computer which contain affiliate unique id and other relevant information. This cookie will remain there until its expiration period (let’s say 6 months). Next time that visitor purchase product without using affiliate link (by suing direct link of that website) from the same computer, already inserted tracking cookie will inform the advertiser about the referrer. If the user manually deleted the cookie from his computer there is no way to find out the referrer.
This marketing method is favorable to advertisers as in most cases he do not need to pay anything just sending visitors to his website he pays only when the sales or the desired action occurred.
Where can I get affiliate marketers?
There are many popular affiliate agents online who provides affiliate solution for both merchants and publisher. You just need to register that website and start as retailer to sell product, as a publisher to refer visitors to retailer’s website.
Some of the affiliate agent’s website is
- www.cj.com
- www.dgm-india.com
- www.paypopup.com
- www.google.com/ads/affiliatenetwork/
Some are conducting affiliate program exclusively for their own products for example
- www.shaadi.com/shaadi-rewards/
- www.profile.bharatmatrimony.com/matrimoney/index.php
Here I am concluding about affiliate marketing. Let’s discuss about affiliate marketing later
- Online freelance work.
Another important online money making method is freelance work. You can work from home and at your own convenience. Almost all kind of works are available online like web designing, logo designing, article writing, data entry, accounting etc though this sites.
How it works
A company requires a website for their business; they requirements are cost effectiveness and professional look, good navigation and many more. Instead of approaching one or two web designing company locally, they can put in their requirement in front of thousands of web designers in a freelance website. He can post the budget and requirement by registering in this site. The site will inform all of the designers already registered as a freelancer.
The freelancer will send quotes to the employer, the company and the company reward the work to the best suited employee or freelancer. (The freelancer will become employee of that particular company till the completion of work)
Before the work starts the company should pay money to the freelance website and the website pay the freelancer on satisfactorily completion of work.
Where can I get works of my interests?
There are so many freelance agent website where employer approach for get work done and employees approach for getting relevant work and make money. Some of them are listed below.
- www.elance.com
- www.guru.com
- www.odesk.com/
- www.freelancer.com/
I am sure you can trust these sites. Provide a high quality work to your online employer and prove your credibility you will get lots of works. An experienced worker who can prove their work quality by showing his previous work or good certificate from previous project owners will be more likely to reward lot of works. You can start a small company by depending the work from these freelance sites.
4. Become a guest writer or blog writer and make money online.
You can make money online by writing guest articles in blogs. Good writing skill can earn you a descent income online. There are so many blogs on the internet looking for good writers. A useful article can bring descent amount traffic (traffic = flow of visitors) to a blog from which a blogger makes money. You can get this job from above sited freelance website also. Or you can contact some blog owners who pay for writing good article. Following are the some of the blogs pay for writing contents
- http://beaguide.about.com/
- http://www.squidoo.com/
- http://www.blogburner.com/
Contact the webmaster of a popular blog and let them know your interest in writing on their blog is another way to get blog writing works.
We will update this post frequently to let you know latest and genuine money making methods. From the above four methods first two required some technical knowledge hence I am going to publish a series of article which will help you to create a better blog. If you are willing to work from home or you would like to make money online or you would like to be your own boss stay updated by subscribing our news letter we will send all articles directly to your mail box.
From my experience the best way to make money online is to promote affiliate programs. When starting I would choose pay per lead programs. It’s easier to make commissions with them, since you don’t actually have to make a sale. You just need to get people to sign up to things.
You usually only get a dollar or two per lead. But if you keep at it the commissions add up, and it’s a great confidence builder.