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How
to Make
Money Online:
The Simple,
Cheap Way
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People are always asking me how I make
money online. I�ve been doing it for almost 4 years now and,
fortunately, haven�t had to get a �real� job yet (since
graduating college). It�s definitely not easy to do, but
anyone with some intelligence, creativity, and/or the
willingness to do large amounts of research can make a good
living on the Web. However, it�s important for newbies to
start off small and cheaply. Despite what the marketing
�gurus� try to tell you, you really don�t need to spend a
lot of money on ebooks and software to begin earning a nice
income on the internet.
Anyway, here�s an easy and cheap way to create an online
revenue stream that I developed for my friends:
1. Choose a profitable topic/theme - There are several ways to
do this but one of the easiest is to use Overture�s free bid
tool (Tip: It�s always best to choose a topic you know
something about�. or at least are very interested in.)
2. Setup a blog - You can use a free one such as Blogger.com or
MSN Spaces. This will become your main �site� since it�s
really just a way to easily publish content.
3. Start writing high-quality, focused 400-700 word articles
DAILY! - This is probably the most important thing you can do
for long-term success. You can also use syndicated articles from
article directories to �beef up� your site but don�t rely
on it. Make sure all articles are based around your site�s
central theme.
4. Post your theme-based content to your site/blog on a regular
basis - Try to post at least one or two good articles per day.
5. Monetize your blog - Put related affiliate links and Google
Adsense on your blog to start making some money.
6. Write and submit good articles to the online article
directories - This will get you some free one-way links (great
for search engine rankings), increase your site traffic, and
help to establish your credibility.
7. Get a low-cost autoresponder and start collecting the email
addresses of your site visitors - Offer a useful free report or
email mini-course to entice people to sign up.
8. Send out a weekly, bi-monthly, or monthly newsletter with
useful information and a couple affiliate links - If you
�nurture� your subscriber list well it can quickly turn into
your biggest moneymaker!
9. Continue to drive traffic to your site - Submit your blog�s
RSS feed to feed directories, submit your main page and/or a few
good internal pages to general web directories and theme
directories (DMOZ.org is the most important), and trade links
with good sites that have related themes.
Well, that�s just the beginning! But it�s a great way to get
started making money online. In the future I may post an
�extended� version of this list with much more detail but I
hope this basic list helps you out!
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