Making Money Online

By Derick Yung

Advertising can be a great way to make money online and increase your cash flow. Static advertising online has been around a while while contextual advertising online is newer.

Contextual Advertising
These are ads you place on your site that are targeted to the content of your page. Since they're targeted to the content, your visitors will likely be interested in the advertisements. They will be more willing to click on them. Contextual ads provide value to your site by potentially providing visitors with solutions to what they are looking for. The most popular is Google's Adsense program.

Static Advertising
These are ads that don't change in relation to your page's content. They are usually found in the form of image ads, like those banners you see on a lot of pages. Or they can be found in the form of text links. Static ads can still change due to rotations though. And sometimes you can't control what static ads you receive.

Other than ads, there are a variety of methods you can use to make money. I'll outline some of those ways you can use to enhance your cash flow.

Affiliate Marketing
See my affiliate marketing intro.

Sell Goods or Services
Find something to sell that's related to your site's topic. You could make money by selling some services, especially if you become known as an expert in your area. Or by directly selling goods related to your topic. For example, if you have a site about juggling, you could sell juggling equipment. Whatever comes to your mind!

Sell Digital Goods
Digital goods don't have the overhead that physical goods do. They're also simple to reproduce. You could write an Ebook on your topic of expertise. You could develop software or hire others to develop software related to your site.

Sell Site Memberships
Are you an expert in your site's topic? Can you or a team provide regular, timely, useful content that your visitors would want? Can you provide services on your site that people would want? If so, consider selling memberships to access your site.

Donations
Do people like your site, feel connected, and want to support you? Consider adding a donation button if you think you have a good reason for it.

Sell Your Site
Over time, your site will likely accumulate value as your traffic grows and cash flow increases. Sometimes circumstances pop up and you won't be able to work on your site. Or you plainly lose interest. In that case, you may want to sell your site to someone capable.

Mr. X spent $20 million researching home based businesses. Find out which one he chose!

Other Resources