Sunday, October 9, 2011

How to Earn Money Online

If you are on this website, then chances are you are someone who is interested in earning money online. If you want to earn money online, then you have a difficult path of your head. That said, there are several ways that you can earn money online, I'll try and cover up the pros and cons of each:
Survey
Thousands of companies out there want to pay for your opinion, in the form of surveys. Basically, you complete surveys and they pay you money. It's really straight forward. The reason that they do this, is to ensure that when they launch a product, do not flop and caused them great loss. Before you get too excited, you complete the survey will not get that much money, in fact, you can only really expect to get about $ 0.20 per survey. This means, that you really will have to settle hundreds of surveys if you want to get the minimum wage.

Internet Marketing

  • Affiliate Marketing (selling other peoples products / services for a commission)
  • E-commerce (selling physical goods through wholesalers)
  • Adsense / PPC income (setting up a blog / website and earn money for displaying ads)
Unlike surveys, Internet Marketing has great income potential, so much so, that you can one day quit your day job. That said, there is only one major problem with internet marketing - have a big learning curve. It could take years to break even the best, then far longer than even begin to earn real money. Also, in the early days, there is a huge time commitment.
In short, I do not recommend internet marketing - you'll find hundreds of courses on topics, which are all designed to take your money.

Writing Articles
This should be the only real way to earn money online - as you already guessed from these subheadings, the goal is to write articles. You can sign up to a website like Elance.com or Odesk.com and write articles for the people. The reason this happens is that many people have websites, they just do not have time to write an article - so they outsource it.

You can expect around the $ 50-10 for an article. Furthermore, if you want to earn money online without having to do hard work, then this will not be for you.
The main advantage of writing articles is that you do not need the money or start up experience. In fact, if you can write a decent article for a decent price, then you can expect a considerable amount of work.