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Friday, April 27, 2012

How to make money online

Is it even possible? Making money online may sound like a joke for some but in this blog I'll show you that if you seriously think about it and work your way through, you WILL succeed. So, let's get started and make some money out of it..


The Advertising Theory


Before we start you need to understand about the internet is that it's not about fun, it's not about information, not about knowledge or communication. The main purpose of the internet, the reason it exists and grows day by day is only this.. EVERYTHING ON THE INTERNET IS ABOUT ADVERTISING! Keep that in mind as it will help you see things online from a whole different point of view.


Every time you search something on the web, every time you watch a video, every time you play a game, or read an article about something exciting or funny.. literally EVERY TIME you do ANYTHING on the internet SOMEONE gets paid for you doing that. You might as well disagree at first but honestly take a closer look.. Look around your inbox, check out what you find after every video you watch on you tube.. check around your search results, you will see ads everywhere.. EVERYTHING ONLINE IS ADVERTISING SPACE! INTERNET IS ABOUT ADVERTISING!


Advertisement Types


Now, I'm going to explain to you how you can take advantage of that advertising space and make some money out of it. When a site or a video or a blog post or any content attracts a high amount of views, people get interested in advertising there. You have definitely seen it everywhere you just haven't payed attention.


When you check your email etc. in gmail you see some "text ads" on top. When a you tube video ends you see some "featured videos". When you search something in google you get some "featured results". Every time you see these ads you must remember that someone has paid money for them to be visible to you so that you get attracted and click on them. Then might be interested in what they offer and purchase some product or service they serve. That's how advertising works. The result is usually the same, only the means change. Remember, more traffic means better advertising.


So now it's obvious that major sites like Google, Yahoo, YouTube, Facebook etc. that have millions of visitors every day are making huge profits by advertisers that pay these companies for their advertisements to be shown there. What we're going to deal with is some special sites that serve solely as advertising space using a smart method.


Affiliate Marketing


Imagine that you own a site and you want to make money with it. First of all you need to attract visitors in order to raise your world ranking among every other site online. One way to attract visitors is to advertise your site in other sites with better ranking. Another faster but more expensive way is create a huge member list by offering them some profit. But the best way to earn money is to connect advertisers with their potential customers and get money from it.


Here's a simple example. If an advertiser paid you 3 cents to find him a potential customer you could keep 2  cents  and offer 1  cent to anybody who gets in touch with the advertiser through you. That's a profitable way but it would work even better if you simply kept 1  cent and give the rest 2 cents to anybody who gets in touch with the advertiser through you but also does the same with another potential customer. This is called Affiliate Marketing and every person each one directs to the advertiser is called referral. When referring someone as a potential customer you are called his sponsor.


So think about it.. everybody shares a profit of the advertisers investment while the advertiser earns from promoting his business through your site. So a chain reaction is causing your site to attract more visitors which lead to more advertiser which means bigger profits. But you don't have the skills or talent or time to deal with all this stuff as a site owner, so how could you use this method to earn money. Well you can always use sites that others have created and earn by being the potential customer and by referring other potential customers to those sites.


The So-Called PT Sites


The type of sites we described above are called PT (Paid-To) sites because they pay you to view advertisements. They have the funds to pay you because advertisers have bought advertising space in them. So if you are a member in each of these sites you will get paid an amount of their profits for viewing their ads. Some famous PT site types are the PTC, PTR and PTS. Here is a simple explanation on what they mean:


PTC (Paid-To-Click) - These sites offer you some text or banner ads that you will earn by clicking them and visiting their links.


PTR (Paid-To-Read) - These sites serve you advertisements using your email inbox and you get paid to visit the links provided in each email you get.


PTS (Paid-To-Signup) - These sites pay you to complete offers such as signing up as somebody's referral in another site.


So now you know about PTC, PTR and PTS. What else is there to know?


Keep away from scammers!


As in every other kind of business there are people who are cheating the system in order to make money at your expense. Usually PT sites offer bigger earnings if you invest in them by purchasing upgraded membership. This would multiply your earnings but put you in risk of losing money instead of earning. Now how can you predict if a site owner will keep his promises or run away with your money? The fact is you can never really know. But you can put limits on how big the risk will be.


Some proven methods are to test a site as a standard member first, see if it pays off and then invest if you can trust it. Also you could take advice from older affiliate marketers. It is true that experienced affiliate marketers don't easily get scammed. Do your research in money making forums, and seek their help. You can also contact me in order to do that research for you. Leave a comment below and I'll get to review a site for you.


How to detect scams over legit programs?


Moreover you can notice some signs that show that a site is scamming while trying to appear as legit. Some of these signs are the following.. Think twice before investing in a site that:


  • promises too much or sounds too good to be true. It's a fact that you can't get rich overnight in the affiliate marketing business.
  • offers too much for too small investments. If an ad costs 1 cent to the advertiser while the site pays $1 or more for every visitor something is not right.
  • doesn't clarify when or how and how much you get paid.
  • doesn't offer support on their services. When there's no contact form, no forum nor ticketing system then the owner obviously doesn't want you to contact him.
  • offers no free service. This way you can't actually test if a site is legit without risk so it is better to avoid these sites.
  • have a bad reputation. RESEARCH BEFORE YOU JOIN! That is the key to not getting scammed. If you find out members are complaining all the time instead of being happy then something is wrong with the site.. not the members.

Training is complete!

That's it! You are almost ready to start earning money. Only a few things must be done firstly. Consider it as a preparation. Next post is about how you make purchases and how you get paid using online payment processors.

3 comments:

  1. Good post!!! Another interesting way to make money through internet is to become a domain reseller!There are many reliable domain reseller sites out there in the web and you can sign up in any one of them! I bought a reseller account from goresellers.com and started my domain name and services business!!

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