Maybe you've heard people say that you can get rich on the Internet. But, if you are serious about making money on the Internet, remember, it's not a get rich overnight business. Internet success takes time, effort and knowledge. There's no easy "get rich quick" method, so you need to spend the time for building income stream from your Web site.
You can find many kinds of Web sites that have the aim, directly or indirectly, to make money. Apart from the online retailers who are using their sites to directly make money, you can find many Web sites with various moneymaking features.
The basis for building serious income is the high traffic. If your site only gets a few hundred visitors per month, as most of personal Web sites, you'll unlikely make more than pocket change.
Here are some ways of making money on the Internet from your personal Web site...
Adwords and Adsense
These two Google programs are very popular ways to both advertise and make money on your website. Adwords are ads that you pay for each time someone clicks on your ad. You create Adwords ads based on keywords that you think people will type into the Google search engine, when looking for your product or service. When people search for your keywords, your ad appears on the right hand side of the search listings.
Adwords also appear on websites that are signed up in the Adsense program. Each time a visitor clicks on one of these ads, the advertiser pays an amount and the website owner collects part of that amount from Google. Some website owners make thousands of dollars a month from Adsense.
Marketing
Besides selling products, you can make money by selling advertising to people who want traffic sent to their web site from yours. Banner Advertising and Affiliations are two types of programs that fall into this category. These programs pay you from a few cents for each click on their banner to a large commission for the sale of their product or service.
Affiliations
Affiliations are a good way to make money on the Internet. There are hundreds of affiliate programs available to choose from, representing many different kinds of products. The first, and probably most famous, affiliate program was Amazon.com's. The great thing about affiliate programs is that you don't need a product, or even a web site, to make money on the Internet. Many affiliate programs give you a web site to advertise, and that's really all there is to making money this way. Promote, promote, promote!
Things you should look for in an affiliate program are reporting capabilities (so you can see what sales you've made, what commissions are due you and whether they've been paid), multi-tier programs (so you can get paid commissions on the sales of affiliates that have purchased from you), and perhaps most importantly, contact information, should a question or problem arise. High commissions are a big bonus too.
Banners
They were one of the first ways of making money from hobby Web sites, however they are not so popular now since most surfers don't even look at them. In fact, the click-through rate (the percentage of visitors who actually click on a banner) has steadily dropped, from around 5% 4 years ago to less than 0.5% now.
If you have highly relevant, cleverly designed banners, you can beat the odds. However, you need relatively high traffic to actually make more than pocket change. In fact, most banner advertising companies prefer to only pay for actual sales even click through are no longer attractive, since many people click through because they are paid to, and not because they intend to buy anything.
Freebies
Under this category are things such as free lotto tickets and various games where you can win prizes. Often, these are implemented as pop-ups and are much more annoying than banners.
Selling a Product or Service
This is an obvious way of making money on the Internet. To succeed in it, you have to succeed at three points...
- Develop a great product that is of interest to others on the Web.
- Write a professional Web site designed to sell.
- Attract targeted customers to the site.
Pay Per Click Advertising
A great way of getting qualified traffic to your website is to pay for small ads that appear alongside regular search listings on many search engines. This is called Pay Per Click advertising and typically costs advertisers somewhere between $.01 and $9.99 per click. Advertisers have considerable control over how much they spend and can even determine when and where their ads are displayed.
Here is a list of Pay Per Click search engines to advertise on:
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