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Showing posts with label Income. Show all posts
Showing posts with label Income. Show all posts

Wednesday, August 3, 2011

Make Money Ideas to Get Extra Income

Are you looking for make money ideas? Here, in this blog, I have written hundreds tips of ways to make money. My best ways in making extra income is make money through the internet. Nowadays, marketers are advertise their products via the internet by ways such as, banner advertising on blogs, article advertising, link advertising, and many more. Even, there are many of them dear to spend a lot of money to advertise using advertisement programs like Adwords, Infolinks, Chitika and many more. In this opportunity, I do blogging, and and attracting advertisers to advertise their products at my blogs, whether by way like article marketing, affiliate marketing, and so on. Actually there are many good ideas of how we can make money through the internet. If there is a will, so there is a way to get succeed. You can start on right now by finding out your niche, think big, start small, and move fast. Good Luck!

Saturday, July 30, 2011

Double Your Residual Income in 2011

Have you set your goals for residual income in 2011? I did -- my reach-for-it goal is to double my monthly residual income within the next 12 months. If it sounds a bit impractical, especially since it's taken me three years to build to my current level, here's why I think it just might be doable -- and how you can do it, too.

Why I Can Double my Writing Income in 1 Year

Since I already have niche websites, blogs, and articles and profiles on revenue-sharing content sites, doubling my current residual income should take much less time than it did to get to the point where I am currently. Three years ago, I was starting from scratch -- any niche sites I had were brand new and not on Google's radar. Now, I have the advantage of domains that are several years old, and hundreds of articles that have already been online for years or at least several months.

This means that any new articles I add to my established sites in the coming months should theoretically  earn more, and faster, than previous articles. As I've shown recently, I can increase my earnings on existing eHow articles by adding backlinks.

Furthermore, I am aware of what niches, topics and affiliate products have been profitable for me and those that have shown promise and need more exploration. I wrote plenty of articles for eHow.com that earned very slowly and, conversely, dozens that have been great earners -- all of these give me an idea of what works, and how to duplicate success.

My skills in setting up niche sites, creating attractive, informative blog posts, researching quickly, and incorporating adwords and affiliate links with quality content have all grown over the years, putting me in a better position than ever to leverage my abilities to build long-term residual income.

Hopefully, much of what I've just described applies to you, too.

The Plan: How to Increase Your Passive Income by 100%

Double the amount of residual-earning content you have online.

Will it be that simple? I think so -- but will it be easy? Probably not -- it takes effort, discipline and dedication to work every day toward your passive income goals. This is especially true when you have a primary full-time job, whether it's as an employee or a stay at home mom to young children.But if you break it down into monthly goals, weekly lists and daily action items, you may be better able to follow the plan.

For starters, add up the number of articles, website pages and blog posts you have online -- even if you don't have an exact number, get a rough estimate. For example, someone who has 100 eHow articles, plus 20 at Bukisa, a blog with 52 posts, a niche site with 20 pages, three Hubs and four Squidoo lenses, plus 10 ezine articles, is looking at a portfolio of just over 200 pieces of content currently earning residual income. Adding 200 more in the next 365 days should certainly be doable.

Focus on building the niches and sites that are earning the best, adding more keyword-targeted pages and quality backlinks to your best-earning sites and pages. Don't try to start three more blogs in the coming year -- work on building your current sites to perform better. If there's a niche you just can't resist trying, build a Squidoo lens and a Hubpage on it and use them to test the market before diving into a new property.

If You're Just Getting Started

If you are new to making money online from writing, you'll have a different goal -- there's not much to double at this point and you need to get started and build, build, build in 2011. Use sites such as HubPages and Squidoo to experiment with writing and marketing, exploring different niches. When you find something that interests you enough and shows promise as a money-maker, start a blog or niche site on the topic, adding a page or a backlink every day as you work to gain traffic and eventually, affiliate sales and advertising revenue.

For those who really don't know where or how to start, as well as those who are serious about taking their online income to a higher level, I recommend that you look into WealthyAffiliate and give it a try. This is the only service (other than web-hosting and ejunkie checkout) for which I currently pay money to use. They have an amazing collection of resources, including step-by-step action guides, all in one convenient location. I've attended several recent WA Webinars on affiliate marketing and backlinking and those have been very helpful to me.

Using the WealthyAffiliate Article Club method to build and promote a new niche site, I was able to earn over ,000 in affiliate commissions from a niche site I built in 2010 -- it has been hugely successful for me so far and I have to attribute much of that success to what I implemented after taking the WA course.

However, if you don't have the money for that right now, don't worry about it because you CAN make a go of this on a shoestring budget. It make take longer and there will be more trial and error to find what works best, but it can be done -- it's how I started out and so did many other work at home moms.

Best of luck in 2011 -- will you try to double your residual income this year?

Rev-Share Sites Still Viable for Residual Income

While eHow.com's Writers' Compensation Program was the best revenue-share opportunity I've experienced for residual income, it's no longer an option as far as adding new articles directly through the site. Still, there are other places to go for a similar model: you write content and get paid according to the ad revenue your articles generate.

Demand Studios, Bukisa, HubPages, Squidoo, and Infobarrel are all sources of residual income for me -- several more eggs in the proverbial basket, if you will. In addition to their income, articles I've written on these sites provide backlinks, site or blog traffic and/or brand recognition in several niches.

Out of this handful of revenue-sharing content sites, some do better than others for page ranks and traffic and thus earnings.

Here's how they stacked up in March 2011:

Demand Media Studios revenue-share: 4.58 with 21 eHow articles

Bukisa: .39 with 17 articles

HubPages: .59 with 6 articles

InfoBarrel: .81 with 6 articles

Total ...... 7.37 with 50 articles, for an average of .55/per article.

With many hundred articles on the right sites, you can still make a viable residual income through revenue-sharing programs. A thousand articles with that average would give you ,547 per month. You can actually do much better than that; some of these articles were written when I was just starting out and didn't know much about what niches perform well. By specializing in one or two areas which you know well and whose audience you understand, you will see a higher level of success than the random collection of articles here represents.

While I am currently working almost exclusively on my niche websites, I do still recommend some rev-share writing for those new to online writing and marketing. Writing content articles is a great way to experiment with several or dozens of niche topics. You can figure out what you enjoy researching and writing about, what you want to specialize in and what topics are most profitable. For me, eHow was very well-paid market research and has certainly contributed to the successes I'm seeing in creating my own niche sites and blogs.

That being said, don't wait too long to branch out to your own properties. Once you've identified a good niche topic, done keyword research and learned the basics of site creation and promotion, start a site of your own and monetize it with ads and affiliate links. Revenue-sharing sites are great, but having your own online properties is even better. For web hosting, site design and other recommended resources, see my Tools and Training page.

What revenue-sharing content sites have you earned well with? Do you still write for them?

Friday, July 29, 2011

Affiliate Marketing Programs: Target Your Niche Audiences to Increase Income

Since joining Wealthy Affiliate nearly a year ago, I've put much more of an emphasis on affiliate marketing across my niche sites and have seen my income rise.  Instead of just relying on ads or a few obscure Amazon affiliate links, I now search for and link to specific products people reading my sites need in order to solve their problems or improve their lives. it not only improves the reader's experience, but affiliate sales are typically much better for the bottom line than ad clicks.

Sometimes, the right solution is obvious: on a recipe/ menu planning site I own, I market both a Clickbank ebook on menu planning and hard copy cookbooks from Amazon. But sometimes the it's not that simple to find the right product. My pets niche site caters to a budget-conscious audience that buys most of their pet supplies form farm and garden stores. I do suggest an ebook that will meet some of my visitors' needs, but most are already past the stage in which that book is helpful.

With my website on a home & family topic, I've had better luck. I found an excellent match with a vendor through cj.com, and have earned thousands of dollars in commissions from that one niche.  My most recent payment from them was over ,000. Without a perfect match, there's not much I could have sold that particular audience.

For your websites and blogs, make sure the products you link to are quality items or resources that are precisely targeted to your visitors. To find the right items, look across a variety of affiliate marketing programs. These are single-stop sites that support a great variety of individual companies, or vendors, whose products you can promote once approved for the network and for each site individually where required. Here are the ones I use and suggest that you explore:
Sometimes, searching the available vendors through these programs doesn't reveal exactly what you're looking for to promote. Their search tools are often inadequate and even when they have the vendor you need you may not be able to find it through their site. One work-around that I use fairly often is to first find the vendor (often it's one I've used myself and thus can recommend from personal experiences)  and then explore their site, or contact customer service, to find out if they have an affiliate program and how it's run.

Sometimes, the company doesn't belong to one of the large networks, but manages its own private affiliate program. I actively promote about four vendors through their own designated affiliate programs. For example, Wealthy Affiliate University has its own on-site affiliate program in which members can build links and track their sales.

When looking for products to link to from your site, put yourself in your visitor's place. Ask yourself these three questions about your reader, for each article or page you publish:
  1. Why is he reading your article? 
  2. What information is he looking for? 
  3. What does he need?
  4. What products, either physical goods or electronic information products, will provide a solution?
Once you place yourself in your own audience, you'll be thinking like a successful marketer.

Are affiliate sales commissions part of your business model? Which affiliate marketing programs do you use?

WriterGig's Residual Income (sans eHow)

My Residual Writing Income
With the official closure of eHow's Writers Compensation Program (WCP) on May 5, 2011, my monthly residual income took a dramatic shift downward. As much as I have been working to diversify my online income sources over the past year, I was still very dependent on eHow for the bulk of my monthly earnings (I made over ,000 from my articles there in March 2011).

I have worked on my websites almost every week, sometimes daily, but having met my original income goals, and busy with little children, I didn't have quite the drive and intensity that I did when I first began my residual income adventure.

One of the silver linings to the end of the WCP is that it has re-inspired me to build my residual income platform through my online properties, with quality content monetized by ads and affiliate links.

The Numbers
April 2011 Online Residual Income Report
  • Google Adsense:                                                   7.96
  • Clickbank affiliate commissions:                             1.42
  • Amazon Associates affiliate commissions:               9.42
  • Other (NB .88 ; RA .82; WA .50)      8.20         
  • Demand Studios residuals                                      7.22
  • Commission Junction affiliate commissions:                  .27
Total                                                                             ,434.49

Future Writing Income Goals
Obviously, my writing residuals are much less today than they have been in years, especially compared to this past March and November and December of last year (those were my three ,000+ passive income months). But even with no eHow and very low cj.com numbers (my best selling product was out of stock from the vendor all month) I still broke ,000 and came close to ,500. If this is my basis going forward, I think I am in good shape -- not starting from zero, at least. I'm going to work to build back up to a ,000 month by the end of the year.

Will I make it? I hope so. I have a plan, which involves quadrupling the amount of quality content I have online currently in order to see the same percentage increase in my earnings by late 2011 or early 2012. Stay tuned in here to see if I make it.

What about your goals? How will you build your residual income, or freelance writing income, or work-at-home-mom business, going forward?

Note: Due to a Blogger glitch, most of the comments on this post disappeared. I've re-posted them below. 

Thursday, July 28, 2011

Residual Income Report May 2011

 May was a great month for residual income, beating out April's earnings by more than 0, despite lower Adsense earnings due to the seasonal nature of my pets site (it tend to peak in March - April every year). The increase was due to higher afiliate sales at cj.com, which i explain in more detail below.

I added a couple more pages to my pets site and expect next year to be excellent, with even higher traffic and earnings than these past few months. As for the home/ family site, I keep adding a few blog posts every month and will be focusing more on it this fall, since fall and winter are the best time of year for this particular topic.

May Residual Writing Income
  • cj.com     ,060.81
  • Adsense   0.72
  • Amazon    0.85 
  • WA affiliate  .00
  • Demand Studios residuals   .20
  • NB commissions .90
  • clickbank .26 
  • Squidoo    .66 
  • Misc         .20 
 Total ,017.68

As you might have seen from my earlier post about my niche blog income for May, my two best-earning sites made 6.85 combined. The rest of my passive income for the month (38.53) is from Adsense on other, smaller blogs and niche sites, as well as HubPages and Squidoo royalties, and affiliate commissions via my older Demand Studios and eHow articles.

When I first started writing for eHow's WCP and Demand Studios, there were no rules against affiliate links in the resources section, so I added a couple topic-specific ones to each of my articles. Even though the articles are no longer mine, they continued to earn money for me this past month -- I had two 0+ sales days in May thanks to my old eHow articles via cj.com links.

But as you might surmise, I can't depend on affiliate sales form those old articles lasting for any time -- they could be gone tomorrow as I no longer control the articles or their links.  That's why it's doubly important for me to build up the income through my sites, blogs and other projects.

Are you building up your online passive income? How did you do in May?

June Residual Income Report: Lowest Month Ever


 One of the downsides of a residual income is that it can decrease from one month to the next,  with fluctuations caused by factors from the season to online competition in your niche to search engine changes. A roller coaster ride comes to mind as the perfect illustration for this reality.


During my highest months, I've earned ,000+. last month, in stark contrast, was a fraction of that at less than ,000 earned from residual income sources online. In fact, it's the lowest month I've had since I embarked on my residual-only business plan.


As those of you who follow my blog know, the largest source of my residual income, eHow.com articles, were purchased from me by Demand Media in March. Thus I no longer have that revenue stream, am and relying on my own small sites and blogs to earn money through ads and affiliate links.


2011 Still a Record
On the positive side, my residual income for this year as a whole will be my best ever, since the one-time buyout payment was also residual income. So, when I look at this year as a whole, I know it will be a great success income-wise. The monthly picture, at least during the summer when interest in my top niches wanes and traffic to my sites is down, is less encouraging. But, and here's the good part -- it's truly motivating. I have to re-focus my efforts, build up my best sites and work harder to make a go of this so that my 2012 income is back where it need to be.


Here are my sources of income and numbers for last month:

June Residual Writing Income

  • Adsense   8.89

  • PCo affiliate 4.19

  • Amazon    .07

  • Demand Studios   .35

  • WA affiliate  .50

  • NB commissions .90

  • clickbank .04

  • cj.com     .40


Total 8.34

See what I mean? Nothing exceptional -- everything was down compared to May, the previous month, which saw over ,000 in revenue. Time for me to get back to work -- what about you? How are the summer months treating your income?