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The Very Best And Legal Ways To Make Money Online Part 2

By on March 30, 2011

Money making bloggingMaking money online couldn’t have been more easier as blogging, social networking, playing games, posting on forums etc have made the internet a world of moneymaking.

Many young men and women are busy blogging, networking etc to make money right from the comfort corner of their room.

This is a continuation post of Making money online; the very best and legal ways!

 


3). Membership Programs

A blog is a great place to market your own products and services. Instead of earning an affiliate’s commission, you can earn a full profit margin from the sale of one of your own products. Your products might include books, CDs, eBooks, subscriptions to newsletters or services like consulting, coaching or teleseminars. Starting your own membership program is a great way to really make some good cash…

Case Study
An early blog on SEO used to monetize by selling advertising on the blog. It wasn’t making very much money. It decided to sell a membership website for its top content and for SEO support. Today, that site has almost 300 members paying $300 a month. That’s almost $90,000 a month. There’s no way you’ll ever make that kind of money by doing AdSense or affiliate programs.

A membership program can be anywhere from $5 a month for frivolous content to $2,000 a month for high-end business programs.
 


4). Paid Product Reviews

Another proven way to make money with your blog is to do paid product reviews. Note that people pay you just to do the reviews, NOT to say positive things about their product. They’re paying you for exposure, not for you to change your opinion.

It’s important for you to keep your journalistic integrity and only publish what you truly think, or you’ll risk losing your audience. Paid reviews are especially common in industries where people are doing a lot of shopping, such as the iPhone app market.
 


5). Donations

Those who visit your blog regularly probably like what you have to say and value what your blog provides. Many are happy to support your efforts some through monetary donations. Give visitors a way to express their appreciation through voluntary contributions; this can result in income for your blog.

You should not always expect everyone to donate towards your website’s expenses because you should consider that not all the visitors to your website will contribute monetarily towards up-keeping your website. Having said that, there are still some people out there that would find your contents very useful and they wouldn’t mind to contribute to help you finance some of your expenses.

Meanwhile, it’s advisable not to be specific with the amount you want would like as donations because this could actually put some people off.
 


6). Selling Advertisements To Others

Depending on the number of readers or site visitors, you may have the right target audience for other advertisers. If you avoid conflicts of interest between the products you sell and advertisers, charging others to advertise on your blog site is an excellent source of income.

The more traffic you have, the more attractive you are to advertisers, which justifies higher prices for ad placements. Don’t overload your blog with advertisements; instead, place them strategically throughout your site.
 


7). Selling/Renting Your Database Of Blog Followers

Mailing and e-mail lists have value. Selling or renting your database of readers who follow and contribute to your blog is a source of revenue. Remember, though, that your blog’s followers may prefer you keep their names private; disclosing your policy right on your blog page or offering an opt-in option is always good practice.
 


8). Multiple Streams Of Income

You can always pursue more than one money-making strategy. Creating multiple streams of income is just smart in any business venture. Broadening your income base also broadens your appeal to your audience and increases your opportunities to generate more income.

Diversity on your income stream is also smart so that if one income stream goes away, you will have others to keep the ball rolling.

Also, don’t forget that many people access blogs through what is known as a “blog aggregator” in which only the headline of the blog shows up when the user is surfing the Internet for relevant information.

About Anthony Williams

Tony is a blogger, SEO Marketer and Internet Entrepreneur. He writes articles on various topics. He is one of the writers at Platterofgold .

20 Comments

  1. Mike Toulan

    March 30, 2011 at 10:41 am

    I think you have really done well with this analysis. I honestly enjoyed reading your articles

    • Tess

      June 15, 2011 at 6:11 pm

      I feel so much happier now I understand all this. Thanks!

  2. Georgie Klenovich

    March 30, 2011 at 4:28 pm

    Hello there, You honestly sound like a Guru lol…Your articles are extremely interesting, especially since I used to be searching for ideas on this topic last Thursday.

  3. Niamh Cleg

    April 2, 2011 at 12:17 am

    Great article…I found this very helpful with my internet marketing strategies stuff!

    • Betsey

      June 17, 2011 at 8:48 am

      Wow, your post makes mine look febble. More power to you!

  4. Kunle Olorunosebi

    April 5, 2011 at 5:04 am

    Interesting blog! Is your theme custom made or did you download it from somewhere? A theme like yours with a few simple adjustements would really make my blog shine. Please let me know where you got your theme. Cheers

    • Amberlee

      June 15, 2011 at 11:16 am

      At last! Someone who understands what I have been looking for! Thkans for posting!

  5. Alex Wrexam

    April 11, 2011 at 12:38 am

    I guess nothing as good as internet marketing ‘cos it pays more than the google ads. What do you guys think?

  6. Tonia Hans

    April 13, 2011 at 3:00 pm

    I have had a blog for almost a year now and not until recently that I came across your article, I wouldnt have been able to explore all the means you mentioned in your article.. It’s really helpful, many thanks!

    • Cherilynn

      June 15, 2011 at 6:21 pm

      You’ve hit the ball out the park! Inceridble!

      • Johnelle

        October 10, 2011 at 2:29 am

        It’s imperative that more peolpe make this exact point.

  7. Johny Evans

    April 18, 2011 at 10:49 pm

    Great site, you did a good job on this article, I will be back to check out more.

    • Pokey

      October 10, 2011 at 2:15 am

      I’m quite pealsed with the information in this one. TY!

  8. Johnie Coopers

    April 22, 2011 at 2:09 am

    Great blog! I like how everything is well written. I will be back to check for new posts. Thanks!!

    • David

      June 26, 2011 at 4:40 pm

      Super infromitave writing; keep it up.

  9. Jolie Handsmith

    April 25, 2011 at 7:47 am

    I have read many articles on how to make money online and I must confess that yours is so much superb! Well-written and full of excellent information

  10. Bella

    June 17, 2011 at 8:37 am

    Great common sense here. Wish I’d thought of that.

  11. Cliff Imasuen

    January 24, 2012 at 2:44 am

    Very informative and timely article here

  12. Rachel Jones

    April 28, 2012 at 2:20 pm

    Greetings! spotted that you referred to poker! We like it also

  13. Irfan

    August 26, 2014 at 2:41 pm

    I would like to help you because I found a way. It changed my life and things are so much better now!! Please watch this free video

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