5 Ways To Make Money On the Internet
There has to be a catch, right?
Actually, making money on the Internet is fairly straightforward these days. According to Forrester Research, Inc., it is estimated that over 47.3 million North American households have online access and 43.9 percent have browsed online. Of the 43.9 percent, 65 percent have made purchases. By 2014, the research firm estimates that U.S. online retail sales will grow to $250 billion, up from $155 billion in 2009.
All of this means that there is lots of money to be made, and below we list a few of the best ways to generate income online. None of these are scams. Along with some hard work on your part, each opportunity provides a legitimate way to generate extra income from several different types of activities:
- Google Adsense - If you've never heard of Google Adsense, you're missing out. Google AdSense is a flexible, hassle-free way to earn revenue by showing relevant and engaging ads alongside your online content. For example, let's say you have a website or blog. After signing up for the Adsense program, you can place ads on your site, and generate revenue whenever someone clicks on an ad. This is absolutely one of the easiest, and most successful ways to earn income on the Internet. A few notes of caution though: Your website must be approved before joining the Adsense program, and NEVER, ever click on the ads on your own website.
- Virtual Store - Do you have quality stuff you'd like to sell? Owning your own virtual store is one of the oldest online business models, but also one of the most successful. High-end goods (custom suits, fancy cars) are diffuclt to sell online, but some commodity items--like books, vintage clothes, beef fridges, etc.--are much easier to sell. If you execute well, you could become a very successful seller. Some of the best programs are eBay Virtual Stores and Yahoo Small Business.
- Affiliate/Partner Advertising - Big box companies like Nike, Wal-Mart and Macy's do pretty well on their own. But they love profits, and selling their products online is a great way to generate millions in revenues. With millions of websites in existence, most of these companies partner with affiliates (website owners) to help sell their products online. Here's how it works: If you own a website, you can sign up with an affiliate program like Linkshare or Commission Junction to begin serving ads from specific advertisers. When a visitor buys a product from an ad being shown on your website, the advertiser (i.e. Wal-Mart, Nike, etc.) will share a percentage of the sale with you. Most will share between 5%-25% of the sale, but it varies by company. Note: It's not exactly easy to get big brand companies to buy into advertising on your website. They typically look for sites that are aesthetically pleasing, and commaning at least 500,000 unique visitors per month.
- Write something. - Several content websites out there will pay for your articles or blog posts. Associated Content and Helium will pay for performance based on page views for stuff you write about. Articles on specific topics they're looking for can earn payments over $150. Those rates are too low for established writers and editors, but if you're trying to get your start in online writing, and can piece together a quality paragraph or two, these sites can be a good start.
- Stock Photography - This one can make some folks a little squeamish, but it's great for those who don't mind showing their faces all across cyberspace. You don't have to be a professional photographer to sell your photos for money. Stock photography websites offer professional and amateur photos and presentations that companies purchase everyday. Marketing and advertising executives usually search stock photography websites by keywords to find photos that match. For example, photos of college students in a class, city skylines, mountains and nature, portraits, or action scenes may be chosen and paid for. Once paid, you will receive a percentage of the sale. Note: Be careful that you don't post photos of trademarked brands, or copyrighted material. Also, keep in mind that photos of you (if you post photos of yourself) can be purchased and posted on almost any type of website, billboard, or magazine. Some of these sites include DreamsTime, ShutterStock, and www.istockphoto.com
About The Author - Mybrotha.COM Staff Writer
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. This article was written and edited by a Mybrotha.COM staff writer. Articles may not be reproduced, rewritten, or retransmitted without the express written consent of Mybrotha.COM
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