Posts Tagged ‘make money on internet’

How To Make Money On The Internet In 2010

2009 has been by far my best year ever for making money on the internet. Despite the recession, my online businesses have grown amazingly well and that’s the beauty of running a business that gives you a limitless upside. When your business is online, you can create profit from all over the world – what a beautiful thing. I noticed today that one of my sites has had visitors from 176 different countries in 2009.

How crazy is that? It’s obviously a lot easier to produce a lot of money when the world is your marketplace.

Making money online is one of the most exciting things out there, but it’s also one of the hardest things to learn. There will be more money to be made in 2010 than ever. However, it will also be harder to learn. Why? Because there will be more and more garbage to sort through. There will be more crap blogs to read and more ebooks written by people who only know how to make money by selling ebooks. If you get sucked in by too many of these products, you will find it very difficult to get anywhere. You will find the information to be very contradictory and that will cause you to freeze up as you try to implement what you have learned.

If you would like for 2010 to be an awesome year for making money, this guide will serve as a road map. If you get off track, revisit the concepts presented here. They have helped me to create a lot of income for myself and have also helped me to avoid putting time into things that don’t pay off.

1. Follow your interests. I believe that one of the biggest reasons I have done well is that I have always either created sites that I was really passionate about, or have been able to get really interested in the topics I wanted to create sites about. I have made plenty of money with other types of sites (that I wasn’t as interested in) but my sites that have really flourished are that ones that I like the most.

2. Develop web real estate, aka build web sites. There are a lot of ways to make money online, but there’s only one that can provide you with near-residual income. Plan out sites, get them up, and start developing. If you want to produce in 2010 you need to start now. Income doesn’t appear overnight.

If you have already created some sites you’re ahead of the game. If they aren’t producing, move on to #3.

3. Research, research, research. Liking the topic of your websites can definitely help you to grow your income, but this won’t happen if there isn’t a market for the information/products your provide. Take a look at whether there are already sites that cover the topic you’re thinking about. If there are, it’s a good thing – it means that there’s probably money there and you’ll be able to emulate some of the things that those sites are doing.

Digging into your markets to discover additional keywords and subtopics is a hugely important aspect of the game we play. There are probably a lot of untapped traffic sources that you haven’t found, simply because you haven’t looked hard enough.

4. Help a lot of people. Your site will produce 100 times more if you want to really help people along the way. I get a lot of satisfaction out of knowing that what we’re doing here at The Keyword Academy helps people to produce real income. In our forum we have earnings badges that help us to see how our members are doing and there’s a huge payoff every time I see people with new badges (this is especially true when I see earnings badges pop up for members from third world countries). Since we really care about helping the people who use our site, it makes it a lot easier to market. Our members help us to get the word out because they know how much we can help the people they know.

If you’re only in it for the money, it’s going to be a lot harder for you. No matter what the topic of your site is, there will be people who have problems and questions. If you can figure out ways to provide them with solutions to those problems, you won’t have any trouble getting business or traffic.

5. Reduce your information intake. The people I know who make a lot of money online spend very little time reading blogs, watching videos, and interacting with their online pals. A certain degree of interaction is important for everyone, but money comes because of work. If you spend all of your time trying to learn, you aren’t getting much closer to actually producing income. In fact, you might be filling your mind with knowledge that will be detrimental to your success.

Don’t get me wrong, knowledge is very important. However, it can also become a huge addiction that can waste way too much time. Be wary of unproven sources of information.

6. Focus on volume. If your site provides information, provide a lot of information. If your site provides tools, provide a lot of useful tools. Creating more content will help you to increase your site’s traffic, especially if you’re creating keyword rich content. You may be trying to figure out why you have little traffic. A mental shift toward increasing volume can be extremely beneficial. A site that only has one keyword rich article would perform a lot better with 10. A site with 10 keyword rich articles would perform a lot better with 100. A site with 100 would perform a lot better with 1000.

Think about the people who would read your site and map out all of the information that they will need to accomplish their goals. In a lot of niches this will give you an unlimited supply of topics to cover.

Ask any real marketer and they will tell you that search traffic converts better than any type of traffic, for sales, clicks, and leads. In order to create that traffic you will need to do your research well and then create content based around your research. If you create more content, you can obviously plan on getting more search traffic. You should read our 100 blog posts experiment if you need further proof.

7. Squeeze the orange. In other words, think about how to get more from your existing traffic. Is there a product that you can create and sell? Can you upsell from that product? Can you sell more advertising? Can you use better placement on pay-per-click ads such as Adsense? Can you sell more affiliate product?

Some of the biggest gains I have been able to make in income in 2009 came with no traffic increase. Mark and I talk all the time about how we can get more out of our projects and when you have it on your mind, ideas will manifest themselves.