Question:

Best Way to Make Money on the Internet

by Guest4584 | 12 years, 9 month(s) ago

Hello friend i need your help; can you tell me about the best way to make money on the internet. One of my friend is earning a lot but he is not telling me how he earns such a good amount of money. Please answer my query.

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Merlyn

As many people have discovered the internet is a great place to make money. Whether you are a student looking to earn some extra cash or an entrepreneur looking to make a fortune, you can benefit from knowing, how people make money on the internet.

Making money on the internet boils down to two methods: Pay per click advertising and affiliate sales.

Pay per click advertising

Like the name says, you put an ad on your web page an every time some clicks on it, you get paid. Google's AdSense program is the market leader. They got there because they have the most advertisers; also their system reads the content of a webpage and then returns ads relevant to that content.

Now, not all clicks are equal, some niches, like insurance, get much higher pay outs per click than others. You can use AdSense's keyword tool to research the relative value of a click. Look for the "show estimated average CPC" setting. You can expect to make about 40%, of that for a given niche.

Affiliate Sales

With affiliate sales you refer someone to a site and if they buy something, on that site, you get a commission. So say you refer someone and they purchase a $1,000 laptop and you are making 5% commission. That means you make $50. Clearly if you have the right kind of traffic you can make a lot more money with affiliate sales, than with PPC advertising.

So let's look at the big players in the affiliate sales world and what they do:

Amazon: Amazon is a good place to start. They have a very large inventory and they are very good at converting visitors into sales.

eBay: With eBay you are looking at monetizing specialist web sites, for instance a baseball card or a coin collection site.

Clickbank: Clickbank sells digital goods like Ebooks. Generally guys that send out mass emails do very well with Clickbank.

Commission Junction: CJ is a broker web site, they hook affiliate sites and publishers up with each other through their system, in exchange for a cut of the sales. It is the place to go if your content is about a service industry.
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