E-Commerce Tactics: Earning Money From Websites
If you're reading this article then you probably want the picture above to happen to you, but unfortunately computers don't work that way yet or I'd be rich. However, I can teach you some of the simple ways people of any age (that includes teenagers) can make money online.
Before we begin I'll need to clear up a few misconceptions a lot of people have about making money online.
E-Commerce is a Real Job
First off, Making Money Online is a REAL job with REAL hours. You have to be prepared to put in part time and full time hours (possibly even more) to make an actual living online. Even if you're just doing it for some spare change you'll need to set aside a couple to several hours each day that you spend working. If you aren't the type that can budget your time and commit to spending time each day for this, you won't make any money.
E-Commerce is Not Easy
Second off, Making Money Online is NOT easy. Making money online, no matter which method you choose, can be fun but it's not by any means easy. Remember that you're not competing with some random guy in your neighborhood who wants the same job you do. When you're online you're competing with several million people who are doing the same things you're doing. You need to be competitive, a try hard, an overachiever, and several other things that the dictionary doesn't have words for yet. But above all you need to be clever and think outside the box on how to advertise yourself and services online.
E-Commerce is Not a Set and Forget System
Third and last, this isn't a set and forget thing. If you set everything up, start your online career, get everything running so that you're making money, and then stop you'll fall about three times faster than you rose. Everyone around you is constantly updating their content, promoting themselves, reaching out to their audience, and, if they can manage it, reaching out to your clients. If you neglect your online presence you will fall to the pits.
Basic E-commerce Methods
Well let's get down to the meat of all this. These are the basic ways for you to make money online along with a basic description of how.
Services like Hubpages will host your articles for you and even provide tools to create and spread your articles online. You can make money through ad revenue if your niche is a popular ad target. You can also make money by reviewing products and using Amazon or eBay affiliate programs.
Similar in many ways to articles except these are generally self-hosted or hosted via a third party provider. You have access to a broader range of advertisers, affiliates, and even the ability to sell your own products through your blogs.
YouTube and many other services will host your home-made or studio-made videos on their website. These services will run ads on your video or around your video and pay you based on the number of views you manage to accumulate.
Making a website will allow you to host your articles and content yourself without a third party provider, removing all restrictions on the affiliates and ad networks you can access. However this requires an initial investment and can be risky.
A lot of people hate these but you really can't find a more reliable source of income online. Joining up with survey sites and taking online surveys will guarantee at least a little income. Some survey sites have a required minimum age to participate but for most it's teenagers and up.
Notice all the "ad revenue"? That's where the real money is in E-commerce so get used to using ads. Yes there are other ways like T-Shirts, sales, and merchandise but unless you're already a big hit online these won't amount to much.
Are you a good writer? Do you enjoy writing up tutorials, opinions, poetry, guides, or just whatever comes to your mind? Then you'd probably be able to make some residual income by writing articles for online publication! Before I continue though let me say this...writing articles online does NOT make you a published author. It makes you a person writing articles online. There is a difference.
That not aside there are some simple rules to follow when writing articles for online publication:
- The Articles you Submit to Shared Revenue Sites Must be Long (2000 words+)
- Do Not Include Links to Other Article Sites on Shared Revenue Sites
- Have Fun!
If your articles aren't long on Shared Revenue Sites then you won't get paid as much as when they're a thousand to several thousand words. You're not only paid per view but based on how long viewers stay on your page.
So I should probably explain what Shared Revenue Sites are. They're sites like Hubpages that place ads on your articles and pay you when people read your articles. A couple examples are (lots of lists in this section huh):
When you write an article for one of these sites don't include a link to another one. It's not only rude (seeing as they're paying you to keep people ON the site) but it'll cut into your revenue quite a bit (people won't view your article as long or as much).
However, there are article sites that you can submit small, "mini articles", to and link back to one of those major Shared Revenue Sites. For a full explanation of what the difference is between Main, Spun, and Mini articles are check out my other article, Article Marketing and Article Backlinks. It'll help get you used to what you'll be doing from now on at the very least. E-commerce requires a TON of studying and reading.
Actually this is pretty close to articles. You write what you think people want to read, attract people to your blog, and generate Ad Revenue. But that's only the basic explanation, things are never that simple.
When you start blogging the first the you have to choose is your Niche. A "Niche" is the particular group of people you want to attract with your blog. Are you going to talk about video games and strategy? You're targeting the Gamer Niche (and you'll be rich seeing how much we've grown). Are you going to talk about your life in general, otherwise known as Vlogging? Well on top of a few stalkers if you're an attractive female you're targeting a lifestyle Niche (watch your back anyway). Are you going to talk about all the times you attempted and failed to kill yourself? You're targeting the Emo niche! Also you're attention farming.
Once you have your niche, it's time to pick your poison. Where are you going to publish your blog? In general I recommend one of three options. Your own website, Blogger, or WordPress. If you blog on your own website then you can place as many ads as you want and you'll have as much freedom with the layout as you want. If you blog on Blogger you won't have as much freedom with the layout but you'll still have plenty of freedom with the ads. In WordPress they're strict, you'll generate a lot more traffic when you post but you're far more restricted on ad content. Basically websites and blogger let you place whatever ads/affiliate links you want, WordPress you have to be crafty with html to post ads on it and even craftier if you want to post ads on a free wordpress site.
Videos and Money
So when I say videos and money you're automatically thinking YouTube right? Well that's definitely "one" way. YouTube isn't the only way to make money with the power of multimedia.
First let's discuss YouTube. You can put several different types of ads on your videos depending on how much you want to inconvenience your audience. The highest paying ads are skippable video ads that play at the very beginning of the video and pay per view. There are also overlay ads that pay per click but by the very nature of YouTube aren't likely to be clicked on often.
Aside from YouTube though how can you make money with videos? Well why not host them on your own website? There you can stick in advertisements, subscription fees, and far more. A simple way to get money is to create a series of videos and open the first 2 or 3 to the general public then charge a subscription fee for the rest. You can also stick ads on the video page or in the video itself and get paid per view, both not that hard. The only problem there is that you have to advertise your own website and your YouTube videos simultaneously to get and maintain an audience.
This'll be a short one because I've basically just explained half of what you can do! Whether it's blogging, articles, videos, or just posting up links a website can be anything you want it to be. Stick your own ideas into it coupled with some ads and you have a website. As long as you don't neglect search engine optimization and backlinks you'll be fine! Just don't go crazy on the ads until you actually have a consistent number of people viewing your site or it'll be a biiiiig turn off.
This is probably the simplest one to get into but the hardest one to make serious money with. You don't need to do any SEO, any advertisements, and you don't need talent. You just have to have an opinion and be willing to sit down for 15-30 minutes and give it. The survey sites I know of and have attempted are as follows (along with a brief review, can't be non-objective now can we):
This is a very simple and a generic survey/offer site. You go in, you sign up, and you complete surveys and various other offers for money. The only difference between this site and many others in my opinion is how well they protect their advertisers from scam artists (in this case people who will complete the same survey multiple times with different accounts to maximize payout). You have to provide a limited amount of information such as your full name and address, no social security number or credit card number. The main rule is that you cannot have more than one account per household. You can receive the money you earn with alertpay, paypal, mail in checks, and quite a number of other services.
This site is strictly surveys. You fill out a few personality and lifestyle surveys and they compare that information to what survey providers want. If you're eligible for a survey they'll send you an e-mail. Not the most efficient system since you're doing it on their time not yours but you have far less chance of being rejected after filling out a lot of information with them. They payout with PayPal.
This is a very reliable community, you have to fill out a number of personality questions and a number of lifestyle questions, then your results are compared almost daily to a large database of surveys. How much each survey pays is linked directly to how long it's estimated to take. You can take surveys on your time and most surveys are picked out specifically for you, almost always something to do each day you log in. The main payout is with PayPal in 10-20 dollar amounts. This survey group is a closed community meaning you need an invite from a current member to join. However for a while it's been a locked community meaning new membership isn't allowed, this helps them clear up the people who aren't participating and make room for new members.
The Connection Method
Now this is a fairly simple method that a lot of people don't think about. Most people will just do blogging, just do websites, just do articles, or just do videos. They won't consider that maybe if they did articles and blogging the two activities might target different niches and feed off each other's traffic. They never dream that combining their video enterprise with their websites could make both far more profitable. Well let me just say, it often works.
If you do a healthy combination of blogging, article writing, videos, surveys, and websites you can reel in new traffic from people looking for those specific things (ie. a person searching for a blog on making money) and then direct them to your other venues (take person who was searching for a blog and once he's an avid reader direct him to your articles and videos). That way you maximize your traffic, maximize your payout, and maximize...everything basically.
Just remember not to be too pushy. Make the fact that you do other things known but remember that these people were initially brought in by one thing, not many.
Now you have a basic know how on your options with ecommerce and online money. So get out there and make some!
What's Your Favorite E-Commerce Method?
© 2012 Michael Ward