I believe there is no qualm in having a source of extra income that will not put in jeopardy one’s present employment or offline business like livestock farming. Hence, online business fills this gap.
In Part 1, I made mention of six of the best ways to make money online: Freelance Writing, Affiliate Marketing/Advertising e.g. Amazon Affiliate Sales, Google Adsense, etc., Digital Product Creation e.g. eBooks, Products Reviews (on your Blog), Taking Surveys Online, and Online Courses.
In Part 2, I established the best way to receive your funds generated from your online businesses and companies worldwide especially if you are a freelance writer: Payoneer Account Opening!
In Part 3, I explained how to make money by creating your own products. I dwelt on Authoring Books because I have first-hand experience as an Indie Author.
In part 4, I talked on Freelance Writing.
In this part, Part 5, I will like to talk about Affiliate Marketing and Advertisement.
Read on, learn or revise, and enjoy.
In all the six ways to make money online that I listed above:
- Digital Product Creation e.g. eBooks: You may not use any website or use a free website, but an established site still gives the best results.
- Freelance Writing: You may start your Freelance Writing without a blog but it is not the best. An established website will give you an edge over others.
- Affiliate Marketing/Advertising: Compulsorily, you need an established monetized website.
- Products Reviews: You need an established website.
- Taking Surveys Online: You need no website, just your email address.
- Online Courses: You need an established website.
Affiliate marketing and advertisement require an established website, a website that already has a lot of traffic. If you start a blog today, it may take you about a year before you can begin to generate a reasonable amount of money.
If the main reason you start your blog is to generate partial income, it is a good idea, but you have to begin to do something worth while before it begins to generate income. Hence, you have to blog with passion, if you don’t want your website to go into an oblivion.
As said earlier, you may use a free website or no site for your information products, e.g. your self-published books, a forum or a simple landing page will do. While for Affiliate Marketing and advertisement, I reiterate that you’ll need an established site/blog.
You can be an affiliate marketer and advertiser to many companies including Google, Amazon, Chitika, Smashwords, etc. These ads work based on different modalities whereby you are paid accordingly, of the exposure the ads get on your website/blog. The requirement varies based on each company. The payment may be based on views, clicks or sign ups the ads gain through your site.
Pay Per Click (PPC) Marketing
There are many ad networks in existence ranging from Google Adsense which is Google’s Advertising Network, and others like Chitika, Clicksor, CrispAds, Feedburner, Infolinks, Media.net, SpeedyAds, etc.
Pay Per View (PPV) Advertising
PPV rates are lower than PPC. Some PPV Platforms include Adbrite, Adknowledge, Adsella, Advertise, Bidvertiser, BlogAds, etc.
Further resources and Readings on this Topic.
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© 2017 Peter F. Adewumi
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