Monday 26 November 2012

5 Tips for Making Money On the Side


1. Blogging

While bloggers do not usually get rich through their writing they can, however, often accumulate enough online content to generate a nice monthly check from Google Adsense. Additionally, a blog is an excellent way to promote your other businesses or services effectively through online content. So once you set up shop, do not forget to write about it. Read more about how to Make Money with WordPress and Google Adsense.

2. Start a small business.

Look for a unfilled niche in the market. Is there a product or service that you wish were available for sale online, but is not? If you are serious about launching a gourmet food shop or a dog walking business, get the word out with a web site and begin offering key clients free coupons. Then, post their endorsements on your site. Consider advertising in web forums, including Craigslist.org.

3. Affiliate marketing

Affiliate marketing refers to the act of displaying ads from companies like Verizon, for example, for which you get paid each time a site visitor clicks on one of those ads and performs the most desired action. With affiliate marketing, there are pay per click (PPC ) programs in which search engines place ads on your web site designed to appeal to your market.

4. Donations

By offering "value" to your web site visitors and politely soliciting contributions, you can receive donations from your audience. If your visitors like what you offer and like what you have to contribute, they might send donations or gifts. Make an Amazon "wish list" of items that you want but are not able to buy for yourself, then post the list to your web site. You will be surprised at how many people will consider buying you something from the list. Do not be afraid to ask for donations or gifts from your wish list. Even if you ask for a small donation, such as $5, it may seem like a small amount but if many people send you the small donation, then it can add up. Be nice about it and never go overboard when asking for donations.

5. Subscription revenue

If you create a web site that has many users in the forum or other community, it is very possible that people will pay you to become a "premium" member. You can offer a premium membership for people and those people are able to gain access to a special part of your forum and a special avatar. The reason people will sign up for a subscription is because there is an extra value that people want. You can also offer special video posts or newsletters that only members of the club can receive. By setting up a PayPal account, it is very simple to receive payment.

Reference: http://www.greenhostit.com

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