7 Ways to Make Money Online (Part 1)

Apr 8th, 2008 by Bob King

There are many ways to make money online. Some involves selling physical goods, some doesn’t. This article covers the methods without touching physical goods, so that you don’t have to worry about ordering, warehousing, packing, shipping and returns. This is only a starting point. There are more detailed discussions elsewhere on the net. The following are 7 common ways, arranged in the ascending amount of revenue you can generate online.

1. Online survey

Many companies conduct market research and are eager to pay for your opinions. You fill in online surveys in your spare time and earn cash in a range of $2~20 per survey.

2. Writing reviews of a website

If you have a blog or a website, you can earn money by writing reviews to promote other websites (normally with back-links). Blogsvertise is a place to get assignments. The revenue is in the range of $2~40 per assignment.

3. Offer advertising space (Pay-per-impression)

If your website attract a sizable traffic and has a good Alexa ranking, you can rent some space on your web page to advertisers. Text-Link-Ads is a popular agent which matches advertisers to you. You can expect to make $15~600 per ads space per month. Of course, you’ll need to have close to a million unique visitors per month to command the top dollar.

4. Pay-per-click (PPC)

In this case, you run ads on your website and get paid when your visitors click on the ads. There are many advertising programs. The best known (and most popular & restrictive) is Google AdSense. Other alternatives are Yahoo Publisher Network (US only), Bidvertiser (drop-in replacement to AdSense), Chitika (with cool images!, best for product related content) and Kontera. Adding PPC is comparatively easier comparing with the remaining methods. The key techniques are about ads placement and attracting high-paying ads.