This is second part of our post about different ways to make money online. Remember all this different money making types’ work, but not the same for everyone! Try different types and see for your self which one suit you best.
Job Boards
All the popular blogs are trying to leverage job boards to make some extra income. Needless to say that in order to create an active and profitable job board you need first to have a blog focused on a specific niche, and a decent amount traffic. The advantage of this method is that it is passive. Once you have the structure in place, the job listings will come naturally, and you can charge anywhere from $10 up to $100 for each.
Marketplaces
Depending on your niche, a market place that allows your visitors to buy, sell and trade products could work well. Over the time you could start charging a small fee for new product listings. The problem with this method is that there is no standard software on the web, so you would need to hire a coder to get a marketplace integrated into your website.
Paid Surveys and Polls
There are services that will pay you money to run a small survey or poll on your website. Basically, you need to sign up with them, and select the kind of polls that you want to run your site. Most of these services operate under a CPM model.
Selling or Renting Internal Pages
These websites sell for a single fee or rent for a recurring fee internal pages on their domain. Usually they have either high Pagerank or high traffic, so that people purchasing a page will be able to benefit in some way. Implementing this method on a small blog would be difficult, but the concept is interesting and could be explored further.
Donations
Placing a “Donate” link or button on a website can be an efficient way to earn money, especially if your blog is on a niche where readers learn and gain value from your content. Personal development and productivity blogs, for instance, tend to perform well with donation based systems.
In-text Adverting
In-text adverting networks will place sponsored links inside your text. These links come with a double underline to differentiate them from normal links, and once the user rolls the mouse over the link the advertising will pop. Should the user click on it the site owner will make some money. Some people make good money with this method, but others refrain from using it due to its intrusiveness. It is also interesting to note that very few mainstream websites have experimented with in-text advertising.
Pop-ups and Pop-unders
Pop-ups are a common yet annoying form of advertising on the Internet. If you are just trying to make as much money as possible from your website, you could experiment with them. If you are trying to grow the traffic and generate loyal visitors, however, you probably should stay away from them. Just consider the hundreds of pop-up blockers out there: there is a reason why they are so popular.
Audio Ads
Also called PPP (Pay Per Play), this advertising method was introduce by Net Audio Ads. the concept is pretty simple: play a small advertising audio (usually 5 seconds) every time a visitor enters into your website. The user should not be able to stop it, creating a 100% conversion rate based on unique visitors.
Selling the Website
Selling your website could be your last resource, but it has the potential to generate a big sum of money in a short period of time. Marketplaces on online forums like DigitalPoint and Sitepoint are always active with website buyers and sellers. Keep in mind that they use parameters to determine the value of a website, such as the monthly revenue.
Selling Templates or WordPress Themes
As more and more people decide to get an online presence, website templates and WordPress themes become hotter and hotter. On this segment you have mainstream websites like TemplateMonster, as well as individual designers who decide to promote and sell their work independently.
Offering Consulting and Related Services
Depending on your niche, you could make money by offering consulting and related services. If you are also the author of your blog, the articles and information that you will share will build your profile and possibly certify your expertise on that niche, making it easier to gain customers.
Creating an Email List or Newsletter
Email lists and newsletters represent one of the most powerful marketing and money making tools on the Internet. They offer incredible conversion rates, and the possibility to call people to action in a very efficient way. Creating a big list is a difficult task though, so if you have a popular website you could leverage it to increase the number of subscribers on your list.
Automated Context-Sensitive Advertising
One of the latest trends in website sponsorship is to sign up with an advertising network like Google AdSense The advertising network automatically checks your web page and determines the most relevant advertisement for the page. As a result, without much additional effort from you, you get advertisements targeted at the interests of your visitors. As mentioned earlier, targeted ads tend to result in better performance and returns
Selling Banner Ads
Advertising revenue is one of the most effortless ways to earn money from your site. You merely have to put the banner there and wait for the money to roll in.
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