Making money online requires that you be consistent .You HAVE to produce a lot of content on a very consistent basis. It is just all about consistency. Sure, someone might throw a video up on Youtube only to see it go viral and get passed around like crazy, but that type of phenomenon is often completely unexpected and heavily based on luck. The only way to make it work consistently is to produce content every day–or at least several times a week–and do it over and over and over again. You have to treat it like a second job.
In addition never expect earning money during the first year of putting in consistent effort. It does work at all but in case you really want to make few bucks within few days try something else.
So, what are the Rules for Making Money?
First
of all, almost all money made online by content creators is either through
advertisements or through selling the writing itself (as a Kindle book, for
example). The Simple Dollar is paid for by the advertisements that appear on
each page, appear in the emails, and so on. That's how the service keeps
running.
The
same is true for Youtube videos. Youtube sells ads on the videos that appear
there and split the money between themselves and the creators of the video.
Generally, ads are paid for "per view," meaning that whenever you see
an ad, the person running the site or the person that made the video or the
person who wrote the article makes just a little bit of money (we'll get back
to that in a minute).
Whenever
you post something new, it gets a small burst of attention. That burst comes
from your regular readers, which grow and change over time. When a new article
appears on The Simple Dollar, regular readers usually read it within the next
few days or so. That burst of traffic grows over time as you build an audience.
That's why consistency is so important. People who find your stuff and like it
are likely to come back for more, but if there's nothing new for them to see,
they're not likely to come back. You need new stuff to get people to come back.
You
also need to make sure other people see your stuff. That's usually done by
sharing it on social media sites like Facebook or Twitter or Google+ or Reddit
or on topic-specific messageboards. That's how you pull in new readers for that
initial burst.
The Long Tail
The second source of income–and it's often the biggest one–is what I
call "the long tail." Your article or video gets listed on Google and
when people type in the right search terms, they find your article or video.
This can go on for years and years and years. Eventually, the "long
tail" becomes your primary moneymaker, no matter how popular you are.
Think
of it this way. Let's say for every 1,000 views your video or page gets, you
earn $2. That's an approximation of what you might expect from most ad networks
that new video makers and writers would be able to get into. If you have 100
people read each article you write, you get an initial burst of $0.20 per
article. That's not really impressive.
But,
let's say that each day, every old article you write gets 5 views. That's
enough to earn one cent. So, you write an article, it gets $0.20 initially, and
then you earn $0.01 per day for a long time afterward. You write another
article, you get that $0.20 initially, and then it earns $0.01 per day for a
long time afterward.
Let's
say you have a daily schedule of this. Let's look at what that's like over the
course of a month:
Day
one: You earn $0.20 from that initial article.
Day two:
You earn $0.20 from today's article and $0.01 from the "long tail" of
yesterday's article, totaling $0.21.
Day three: You
earn $0.20 from today's article and $0.02 from the "long tail" of the
previous articles, totaling $0.22.
Day thirty:
You earn $0.20 from today's article and $0.29 from the "long tail" of
the previous articles, totaling $0.49.
You
get the idea. It slowly builds on itself, though at this level, it's still not
impressive.
Over time, what will happen is that all of the long tails will get just
a bit stronger. So many people are just wandering onto your site–and some will
stay and click around. The more material
you have to click around on, the longer they're going to stay. This means all
of your old articles will get just a bit more attention… and then a bit more…
and then a bit more. Each article won't ever amount to a whole lot on its own,
but if you have a thousand articles up there and each one earns $0.05 in ad
revenue a day, you're looking at $50 per day.
Now,
ideally, that first "burst" is also growing, too. As you get more and
more content out there, you'll gradually attract more and more people and those
people will start visiting regularly. (Of course, there's always a ceiling, as
some people will stop visiting, too.) So, if you write for three years and have
a thousand articles, you might have 10,000 regular readers who read your newest
article. Also, each article is garnering 25 views per day on the long tail.
Here's
what that month
looks like:
Day
one: You write article #1,001, which earns $20 from the
initial burst, and the last 1,000 articles have 25 visitors each, which totals
25,000 views and thus earns you $50 from the long tail, totaling $70.
Day two:
You write article #1,002, which earns $20 from the initial burst, and the last
1,001 articles have 25 visitors each, which totals 25,025 views and thus earns
you $50.05 from the long tail, totaling $70.05.
Day thirty:
You write article #1,030, which earns $20 from the initial burst, and the last
1,029 articles have 25 visitors each, which totals 25,725 views and thus earns
you $51.45 from the long tail, totaling $71.45.
That's
a little over $2,000 a month at that point.
Naturally,
it won't be nearly that smooth.
Some days will spike and other days will seem lower than usual. Your growth
rate might be a bit slower or a bit faster. Still, regardless of all of that,
the same principle holds true: you have to produce solid stuff consistently for
a long period of
time to earn money. It's only when you've produced a lot of it that it begins
to earn money in a reliable fashion for you.
When I suggest to people that they should make Youtube videos or start a
website to earn money online, I'm proposing a very long-term side
business that takes very little initial cash investment, but a lot of time investment.
It's also a side business that is going to have tiny returns at first and never
go beyond that without a great deal of effort, but once the ball starts
rolling, it builds on itself very nicely thanks to the "long tail."
This
article almost perfectly describes my experience with The Simple Dollar. I have
always pushed out more than an article a day and, early on, I produced several
short articles each day. Still, for the first year or so of The Simple Dollar,
I didn't earn very much. It wasn't until the second year when The Simple Dollar
became enough of an earner for me to feel confident about focusing on it full
time, and even at that point, it was due to having more than a thousand
articles in the bank, accepting a significant drop in income, and having faith that it
would continue to grow for a while.
Earning money online from writing and making videos is absolutely possible, but
it requires a lot
of work at the start for relatively little return. It's only when you break
through that trend that you'll start seeing real returns on your invested time.
Hundreds of ways to make money online.
Well that is the reality…as adopted from Lifehacker. So what are the
ways to make money online? The following infographic Designed by SurveySpencer.com provides more than an answer.
Making
money online Don’ts!
However, inasmuch as you make some money
online there are things that you should avoid or aware of.
When using surveys as a way to earn your
money:-
-Never pay for surveys.There are many legit
surveys that are 100% free.
- Never share your credit card information and your SSN.Many scamers may
request that information.
- Join many sites because legit surveys have a limited numbers o
offers.By joining with more surveys, you’ll be making more money.
- To find legit surveys, you can go to Google and type something like:
“How to find legitimate surveys for money”, for exampleIt will be better than
using main keywords like surveys.
When publishing content/ selling a product or
service:-
-Never
mislead your customers by hiding information they should really know about your
product and services. Remember, customers will come to know of it and will
discontinue using your services.
-Never give wrong information to customers about your product. “Sour mangoes can be sold only once in the market.” It will not only discourage your customers to continue seeking your services, but will also destroy your reputation.
-Do
not send links to your customers that may contain suspicious programs like
virus, worms and so on which may harm your customer’s files, hardware or
software.
-Avoid
sending spam messages to people. People will not only start ignoring you but
you may even end up paying severe penalties.
-Never violate the terms and conditions of the search engines. It will affect your website visibility and you may even be blacklisted by them.
