Archive for the 'Make Money Online' Category
If anyone told you how wonderful it is to make money online and earn passive money in your pajamas and they made it sound very easy then they are not telling you the other side of the story.Making Money Online is Not Easy. It takes time. It takes patience. It takes hard work and It requires Know How. There is no shortcut to making money online.
There are many ways you can make money online.
- You can sell stuff on eBay.
- You can write a blog and put up ads.
- You can become and affiliate marketer and sell other people’s products through some of those Online Affiliate Programs.
- You can do paid surveys.
- You can write sponsored posts.
- You can write freelance articles.
I am not going to elaborate further on the ways to make money online. You can get plenty of ideas. Just google “How to Make Money Online” and you will be greeted with plenty of links to inspire you.
Making Money Online Requires Know How
However, don’t think you can do it overnight. Like everything else, if you want to make money online, you have to work hard for it. You also have to keep on learning. The cyber world and the internet is changing all the time. You have to learn about keywords and SEO and how to market yourself or your product or service online. You must have the drive and interest to learn for without it, you will be lost. Some of the work you have to do to market your online sites are really boring and administrative too.
So, if you think you want to just start a blog, place ads and start earning money in your sleep then think again. Start a blog only for the love of it and not for the money and slowly over time and with a little knowledge you may perhaps start to earn some passive income. However, it isn’t really passive because you have to put in effort.
Making Money Online Takes Time and Patience
It took me over a year before I had my first adsense cheque. Then there is my Squidoo venture. On my second Squidoo payday, I earned USD8.86 for 23 lenses then. This was after putting in 2-3 months of effort.
Making Money Online Takes Hardwork
If you look at my Squidoo lenses , you will realize how hard I worked to earn it. The kind of effort and time is not for everyone. Do it only if it really interests you and not for the money. If you do it for the money and you want to earn money online FAST, then you will be frustrated.
I do it because I love it and because I feel a sense of achievement when my effort pays off, even if it is for just a very small amount. For example, two nights ago someone bought this off one of my Squidoo lenses and I earned a commission from my Amazon Affiliates account. I felt a sense of achievement and pride because I learned to make money online all on my own by learning all the time, testing and doing. That process is ongoing – learn all the time, trial and error then just do it but be very careful to avoid scams.
I guess you could say I earned money in my pajamas while I slept because the sales came in when I was sleeping but don’t forget, I actually put in a lot of effort and hard work into it. So if someone tells you making money online is easy, think again.
Making Money Online is possible but it is not easy and don’t expect it to be fast.
I have mentioned before that its sometimes takes me only 5 to 10 minutes to write a blog post, especially a blog post without pictures. Well, it takes me a whole morning to write up a Squidoo lens. Phew! Writing Squidoo Lenses is hard work.
Take for example this post. I am in a hurry as I am rushing for some other task, so I can finish this post in 5 minutes flat because my thoughts are pouring out faster than I can type. On the other hand, it took me the whole morning to produce my latest Squidoo lens for little Bob the Builder Fans. Bob The Builder Online.
That is not all. Once a blog post is published, I promptly forget about it. However once a Squidoo lens is published, I come back to it often to tweak it over and over and add stuff and more articles in it constantly to improve my Squidoo rank. It is an ongoing thing.
Hmm…. it had better be worth my while! Still, I enjoy it and I guess that is the most important thing of all. I can’t decide which I enjoy more. Blogging or Building Lenses. I guess I enjoy blogging for writing and Squidoo for the images and what I can do to make it look nice.
Right. Times up. For the record, this post took less than 5 minutes.
It is payday on Squidoo on the 15th of every month. It is fun because Squidoo will put out a note on your Squidoo dashboard to remind you that it is payday and give you links to check your earnings. Squidoo pays 2 months later that means what you earn in July will be paid in September. I joined Squidoo at the end of June so naturally I didn’t earn anything. So my first payday at Squidoo is for my earnings in July.
There are several ways to get paid at Squidoo. One is from a share of a pool of Adsense and other ads. The other is through affiliate sales. The higher tier you are, the higher your share of the ad pool. How high you go depend on your traffic, your clickouts, your sales, your likes etc.
In July, 8 of my lenses qualified for a share of the royalties. The amounts are really small but it is a start. I made $2.68 in royalties for 8 lenses in July. I didn’t make any sales till September so I will have to wait another 2 months for payment for those. You are allowed to either use your own affiliate code or Squidoo’s for Amazon sales so I used both. There is not much difference either way even though the commissions are different. I got 2 sales for the Squidoo ones and 4 under my own Amazon Affiliate Account in September.
To date, I now have 36 lenses. Hopefully they move up the tier or make more sales in future months. Apart from sales, I enjoy writing the lenses. I get to put lots of pictures and stuff easily unlike my blogs. I also get to tweak them over and over again. I have also started to write in areas that I don’t normally write and will continue to challenge myself in new areas of writing and in coming up with new topics and stuff to write about. You can read more about my Squidoo experience in My Squidoo Diary.
Want to Join Squidoo and give making lenses a try? Its free and its fun but be warned, its addictive, like a game. However, this game can help you make money if you ‘play’ hard enough.
Several years ago, back in 2006, I joined the Amazon Affiliate Program. I put up some banner ads on the sidebar of my blog and that was it. I think I made 2 sales from the Amazon Affiliate Program back then. It was over a long period of time too. In the Amazon Affiliate Program, you can choose to cash out at $100 or turn it into an Amazon certificate to buy stuff from Amazon. Of course, I was never going to reach $100 with my 2 sales so I opted to get Amazon Gift certificates once you reach $10. Even then, I was never going to get any Amazon Gift Certificates with my miserable two sales.
I took down all my banners from the Amazon Affiliate Program.
Since my Amazon ads were doing so badly, there was no point in putting them in and making my blog ugly with so many ads. I was very busy then because my kids were growing and I didn’t have time to learn new things or look into it seriously.
Then recently, I joined Squidoo. Squidoo makes it easy for you to incorporate Amazon modules into your lenses which are really sort of like a cross between a webpage and a blog. Not too long ago, Google’s Blogger also made it easier for bloggers to include Amazon products into their blog posts with user friendly built-in tools. I also have more free time now that my children are in school. So I took a relook at my Amazon ads. I built another Amazon Quotes A-Store but that is miserable and a waste of my time.
I studied my stats and started placing my Amazon Affiliate Program Ads in my pages that were performing well on Google (those that ranked in the top two pages for example).
What a difference that made! Last night I made 4 sales and the night before another 4 sales! Woohoo! If you make 7 sales and above in a month, your commission from the Amazon Affiliate Program goes up from 4% to 6%. Yay! Ok. Ok. It is really nothing to shout about since they are for small items like books and toys (I wonder when someone will buy something bigger like the Kindle 3G. Still, I can’t help feeling a small sense of achievement. Not monetary achievement but personal satisfaction in trying out and making something work. Amazon also works well on Squidoo and I’ve had some sales coming in from there. Just 2 actually but I hope to have more when I make more lenses. Right, I’m off now to make more lenses. My latest lens that I am working on is The Top Ten Gifts for Women in their 40s. Thats me and my wish list.
Oh yes, one can make money online in your pyjamas (after all the sales came in while I was asleep), however, be warned. You’ve got to work really, really hard!
Lately I’ve taken to stats watching. I used to monitor my blogging stats frequently when I first started blogging. Then the novelty of it wore off. However, nowadays I watch stats for a different reason. It is important to monitor stats to improve on your pages and decide where and how to monetize it. It really makes a difference.
Watching stats is also fascinating. For example, last month, my Parents Blog had a spike in visitors from about 800 plus a day to 1400 on a Sunday which is usually a quiet day. I saw that most of the visitors came from Google India and all of them landed on my How to make a homemade Teacher’s Day card page. A quick check on the internet showed that the following day was Teacher’s Day for India.
I am using StatCounter and Google Analytics. Both of them give very detailed to the second stats with graphs. I love them. I especially love Statcounter. I love clicking on the Recent Came From and Recent Keyword Activity Tabs. I am quite amused that this blog keeps on getting visitors looking for roti canai and dim sum and I am not even a food blogger.
Besides these, I watch my Squidoo stats go up and down and tweak each lens to make sure it goes back up. Then there is my Amazon Affiliate Program stats and Feedburner stats which I have forgotten till now at this time of writing. Watching stats is a very important part of blogging. If you haven’t got Statcounter, go and install it now, it is fantastic. Blogger provides stats but it isn’t anything as good or detailed as Statcounter.
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