Making Money Online

Here is a list of 15 monetization methods which you can make money with a blog or without a blog :

1) Advertisement Network
This is one of the most popular way that people use to make money with their blogs. There are many advertisement networks out there, the most popular and well known PPC network will be Google Adsense, other advertisement networks such as Adbrite, Bidvertiser, Nuffnang, etc. Let’s take Google Adsense as a sample, you just have to display the ads on your blog, if there is someone click on the ads, you’ll be getting paid for a rate from range of $0.01 to $5.00 per click, it depends on what keyword you’re optimizing for and how much advertiser pays for it.

2) Selling Text Link
In order to make money online by selling text link, you’re required to have a blog or website. Selling text link is meaning that someone is paying a flat rate for you to place their text link or we call it hyper link on your blog or website. Besides of this, you can also join the companies which act as a broker, they have their marketplaces and they’ll help you to sell the text link on your blog. Of course, they will charge you a fixed percentage as commission. You can join company such as Text Link Ads and TNX.

3) Selling Banner Ads
It’s a simple monetization method that you can actually make a lot of money by selling ad spot on your blog. I was getting paid by BuySellAds months ago and I found it quite interesting. In order to make money online by selling ad spot on your blog, you need to register with the company and they will do the rest for you such as getting advertisers and making payment. As long as your blog has huge traffics and better rank (Alexa, Pagerank, etc), you just need to sit down and wait for the money to float into your paypal account.

4) Private Ad Sales
This is what most of the bloggers will do on their blogs, such as selling banner ads, selling text link, or writing sponsored review. I noticed that not much people is doing well with this monezation method on their blogs, the critical reason is either offering unreasonable prices or lacking of targeted traffics. In order to make money online by doing private ad sales, you have to create a killer “Advertise” page on your blog to let people know that you’re actually selling ad spot on your blog. Before you can do this, you need to increase your blog traffics especially targeted organic traffics. Also, the advertising rate must be reasonable. Otherwise, you’ll not be able to make even a penny. You can either waiting advertiser to approach to you or you go and ask them whether they would like to advertise in your blog.

5) Affiliate Program
Affiliate program is a way where you can make money online by selling others’ products or referring someone to join an affiliate program under your affiliate link. In my opinion and from what I observed, article marketing helps a lot in making money online from affiliate program. Of course, you need to know a little bit of marketing strategies to promote your product as well. You can make money online from these affiliate programs such as ClickBank, Chitika, T3Leads, Logical Media, etc.

6) Selling Own Product
Instead of selling others’ products, you can also make money online by selling your own product such as ebook, blogging tool, software, or something that you can build by yourselves. Writing useful ebook will be a good one because you earn 100% profit without any investment. Nevertheless, you need to write something that really helps people and interesting in the ebook, otherwise you’ll not be getting any sales. Also, I recommend you to offer people a 100% money back guarantee.

7) Writing Paid Post
Paid post means that advertiser is paying you a flat rate and asking you to write about their products in your blog, you need to insert their links in the blog post as well. Years ago, writing paid post was very famous and was the most popular monetization method for all the bloggers. But many people quit it because of the penalization of PR from Google due to the outgoing links that were requested by the advertiser. There is few companies that pay you for writing paid post such as Pay-Per-Post, SponsoredReviews, SocialSpark, etc.

8 ) Selling Domain Names
In order to make money online by selling domain names, you may need to put some efforts in promoting your business. In my opinion, you can actually telling your friends around you and asking them to look for you if they want to buy domain names. You can also offer them an attractive price or give them free gift such as ebook if they buy domain names from you. If you do like to do some investment, you can actually buy some profitable or potential domain names and sell it at a higher price. However, there is a risk because you may lose money if you’re not able to sell that domain name. You can join GoDaddy’s affiliate program to start selling domain names.

9) Building Profitable Niche Blog And Sell It
This may brings you 10x or even 20x profit of your investment in return, but you have to take some times in doing keyword research, writing keyword optimized content, promoting your blog and selling it. It may takes you months to earn back your money, it’s a long term investment. However, you need to know how to do keyword research and SEO techniques. When your niche blog is making money, try to sell your blog at the price of 12x of your monthly earning. You can actually selling your blog in SitePoint marketplace.

10) Providing Services
Many people make use of their skills and knowledge to make money online. You can actually help people to design a web page, create Wordpress Themes, setting up website, SEO services, proofread articles, etc. As long as you’re having some skills and expert in your field, then you can make money online with your skills because there are many people out there looking for services like these. Be sure you have a blog or website to tell people about your services, it’s to make people feel confident with your services.

11) Freelance Writer
If you’re a writer and having good writing skills, you can actually make money online being a freelance writer. Many people out there are looking for writer to help them write SEO articles in topic that they’re not familiar with. You can actually promote your services in CraigsList and wait people to contact you. I believe that you can easily make few hundred bucks a month by being a freelance writer.

12) Advertorial
Advertorial is another monetization method which a company is running a campaign and asking you to write about the campaign, the purpose is to create awareness for the campaign. I’d get involved in advertorial in the past, a company hired me for 6 months to write about their campaign, they paid me a flat rate every month. The differences between paid post and advertorial is the company doesn’t require you to insert any outgoing link in the blog post, this is the reason I like advertorial instead of paid post. Thus there is not much company offering this job for blogger, I have no idea where to get it too, we can only wait for the company to hire us.

13) Joining Blog Contest
As you know, many people run a blog contest on their blogs to get more traffics, backlinks and etc. Many blog contests out there are giving out attractive prizes and cash prize for the winners, so you can actually join the blog contests and stand a chance to win the cash prize. Thus it’s not a 100% “get paid” way to make money online, but it’s fun and interesting to join.

14) Doing Online Surveys
Instead of making money online with a blog, you can also make money online without having a blog. Make money online doing online surveys is a popular way for starter or beginner who first step into make money online field to make money. It’s simple to earn money by doing online surveys, you just have to fill in the survey forms that are offered by the company, you’ll be getting paid for a completed survey form. It’s a legitimate way to make money online. Not all the online survey companies pay well, some of them even don’t pay or they’re scam. Thus you have to be careful and read the reviews of the company on the internet, you can try if there was someone had been getting paid by the company before. Also, you can read my previous article about online surveys for some ideas.

15) Participating And Posting In Forums
This was a monetization method that I’d discussed in my previous article about “How To Make Fast Money With Forum“. I found it quite interesting to make money in forums, you just have to participate the discussions in the forum, you will get paid by leaving honor comments. I found it quite interesting because we can share experiences and get new friends in the forum. You’re not required to own a blog, you just have to register with the forum, leaving honor comments, and you get paid!