The three BIG ways to earn money online
Do you ever get confused on the many different ways to earn money online?
I mean when you search for keywords like “make money online” or “earn money online” you get results such as these.
- How to earn money online at www.pinoymoneytalk.com
- 10 new ways to make money online at www.webworkerdaily.com
- Ways to make money online at www.doshdosh.com
- 40 ways to make money on the internet at www.dumblittleman.com
- 6 easy ways to make money online at www.msnbc.msn.com
- 28 ways to make money with your website at www.dailyblogtips.com
And I’m pretty sure you can find a lot more. The web never runs out of it.
Now are these “earn money online” options supposed to make our choices simpler? I certainly doubt it. What it does is whet our appetite for possible money making opportunities, and getting us to the point where we’d like to try everything yet end up doing nothing.
The value of the internet in quickly providing us tons of different information so that we can make intelligent decisions or choices is the same reason that many people never get ahead and really make money online.
Choices make decisions difficult to do and the more choices you have the harder the decisions tend to be.
Adsense, blogging, online surveys, paid to click, affiliate marketing, freelancing and the list goes on. All the options are there for you to investigate, the real question is where do you begin? Or what do you choose?
Want to know the best way how? Let’s look at the BIG PICTURE.
Often the most complex of decisions can actually be simplified once you start looking at it from a bigger perspective and the choice of which money making online activity is no different.
The whole gazillion ways of how to earn money online can actually be simplified in three BIG areas.
Internet jobs
The biggest among all of them and often the easiest one to start. Here you have activities like online surveys, freelance jobs, paid-to-click, writing content, writing reviews, pay per post, or any other activity where you get paid for the time you spend online doing stuff.
A job is a job. You continuously trade time for money. If this is your kind of thing then this is probably the best direction you could take to earn money online.
Ad Promotions
Ah you are familiar with this. Set-up a blog put adsense in it and drive traffic.
Probably the second most common earn money online activity there is. Here you have so many different options to choose from, adsense, adbrite, commission junction, affiliate marketing (yes this is included here) and often if you have a site that drives good traffic you can get deals with companies to put their ad banners in your site.
The principle in this model is very simple. Set-up a site, promote the product of others and get paid, often in three ways: (1) get paid when the ad is posted, (2) get paid when a product is bought from your site, (3) or get paid when an ad is clicked.
When done right, this can earn you real BIG money! But to reach that requires a lot of work from optimizing your site, using different link building strategies, driving traffic to your website, and the most important one, really having a site that people would love to go back to.
One of the mistakes I see people do is set-up free blogs in Blogger, put adsense and a few content and hope people will start visiting their site and clicking on their ads.
In ad promotions your site must be a dynamic sales letter of other people’s products. You earn profits not by simply driving people to your site but you get them when you can motivate people, through your content, to click on your ads and buy products using your affiliate links.
But there is a whole group of earn money online activity that is the most profitable and the most lasting of them all. This is where the BIG players really are.
Internet Marketing
This is not about jobs nor is it about ads or blogging. It’s an entirely different science where the BIG players in the online world are.
Simply put, internet marketing is just using the internet as a medium to sell products or services that will provide solutions to people’s problems.
You can think of this as an online store where you sell a product that will solve the problems of people and these problems can be of any kind.
Setting up an ebay store is an example of what you can do here. Using the internet to sell your offline products or services also falls here, as well as selling your MLM business opportunity.
Posting classified ads in free or paid sites and telling people to contact you for more information is not internet marketing, its ads placement. Internet marketing is about setting up a process to sell your products online.
While this topic is really broad you could start reading some materials that can help you from a website called Internetbusinessmodels.org. In my future posts I’d shed some more light into this very broad topic that we have here.
But what I’d like you to understand here is this, if you want a sustainable and profitable online money making activity then setting-up your own internet marketing business is the way to go.
So now you wonder, how can this information help you start to earn money online?
Consider what you want to achieve. Do you need to earn fast? Then I suggest you choose from the many different types of internet jobs available out there. And stay away from ad promotions or internet marketing as these really take time to build.
Do you just enjoy writing about something and hope to earn money from it? Then you might consider ad promotions as a strategy.
Do you have an offline business you want to expand right now through the internet or do you have skills or talents you might want to start building a business around to? Then you might consider learning internet marketing to promote your business or yourself to create that dream business of yours.
Focus is key in earning money online and my hope is that this article simplifies the puzzle for you. Remember the three BIG areas, internet jobs, ad promotions, internet marketing, those are generally your choices. The strategies for each one are different but at least you’ve trimmed down you choices.
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