Answering questions for fun and profit: how to make money with WebAnswers
Do you like answering questions? Were you or are you a fan of Yahoo! Answers? WebAnswers is a site where users can ask questions and get answers for free--and share in the ad revenue the site receives.
WebAnswers is one of the many revenue sharing sites online where you can earn passive income from producing content. Much like HubPages, WebAnswers has a decent web presence, resulting in lots of organic traffic to question and answer pages. WebAnswers allows you to connect your AdSense account to your username, and whenever someone visits a page where you've asked or answered a question, you receive a share of the revenue.
It's a little more complicated than that, of course. For example, answers can be awarded by the asker, making it so that you receive all of the ad shares; by that same token, if another person receives the coveted awarded answer, your answer won't receive any AdSense revenue. WebAnswers is also focused on quality answers, rating its users with a hidden quality score. Through, well-written answers are the key to earning through WebAnswers.
How to start with WebAnswers
As mentioned, you can't just jump on WebAnswers and start earning AdSense revenues right away. In order to discourage fly-by-night users who ask and answer questions only to earn money, WebAnswers has set a 50-answer minimum before you can connect a preexisting AdSense account. If you don't currently have an account, passing the threshold will allow you to apply for AdSense, but as with HubPages, Google is becoming stricter with handing out AdSense accounts, so it's possible you might not receive an account until your number of quality answers has risen.
To begin with WebAnswers, go to the website and sign up for a free account. Start answering questions right away. Make sure you don't given any one-word replies, even if a one-word answer would suffice. Be sure to type in complete, grammatical sentences and give supporting information. When you first start out, you can post links, but they'll be subject to review before your answer is posted, making it so that you might not be the first person to reply to a question. Why does this matter? Many times, several answers will be good, so the person asking the question will award the question to the first responder. Time is often of the essence.
Note: despite what the FAQ may say, you don't need to receive 50 awarded answers to connect your AdSense account with WebAnswers. You just need to reach 50 answers in general.
Once you've answered all of the new or unanswered questions on the front page, explore the categories further, answering old questions. Although these questions don't earn much, when you're first filling your quota, it's a good idea to reply to subjective questions like "Which is better: Coke or Pepsi?" These questions are fun, easy to answer, and help you reach your 50-answer goal.
By the time you've gone through the new and old questions, you should be ready to connect your AdSense account or try to sign up for a new one. I suggest answering as many questions as you can from the beginning so that you can start getting your passive income stream up and running.
How much can you earn from WebAnswers?
It's very difficult to pinpoint exactly how much you can earn from WebAnswers. People often fall into two different camps when reporting income: either they report huge amounts of money ($500 to $1,000 a month) or piddling amounts that make the WebAnswers platform not worth it.
As with any other AdSense-based income stream, the type of ads matters as to how much you can earn. For example, questions and answers on law or earning money online are usually worth more. The fun, subjective questions, which garnering lots of views and responses, often are worth very little.
Most people seem to earn between 50 cents to $5 a day. This number is wildly variable based on the hidden quality score, which is partially based on participation. For this reason, the people earning the most money are those who answer lots of questions, access the site daily, and have a large backlog of questions and answers.
WebAnswers can take a while to build up an income stream, but that's not different from any other revenue sharing site. The key difference lies in the fact that participation is necessary, so the stream is only semi-passive.
How to best use WebAnswers
The two ways to earn revenue on WebAnswers are to either have an awarded answer or to share the revenue with other users on an unanswered question thread. For this reason, it can be useful to answer old unanswered questions, especially those with a high earning potential. The spike of activity will revive the site in search engines.
Try to pay attention to the site throughout the day so that you can answer questions first. If you're first with a well-written reply, you have a better chance of being awarded a question and receiving all AdSense revenue.
Make sure you write well! The hidden quality score is a mysterious thing, but just as participation has an obvious effect on revenue, so do quality replies written in a coherent, grammatical manner.