A new website has been launched recently which basically covers the whole “make money online” concept. Basically its something like Yahoo Answers but more advanced, with badges , with different levels and other interesting features. People ask questions specifically about niches such as internet marketing, making money online, website flipping , domaining and much more and different users reply and the best reply is selected from the author of the question.
The author of the question has the ability to give batches and give “rewards” to the best answer. Its really awesome because the audience is solely interested in making money online and other webmaster related topics and you can get a straight to the point, no fluff reply
They might soon implement a “get paid to respond” offer to the ones which get more than 100 best answers chosen. How to Make Money With CashOverFlow ?
Since it has quite a big potential, its better to jump on board before its too late and start responding to different questions. The competition is low so the authors will have to choose between 2-3 replies rather than after one month which your reply might even not be read by the authors. So start building a reputation, get different badges and when the big flood of traffic will come, you will be already established and you could easily sell literally any product or service. Just a word of caution, use it wisely but never spam
The current financial crisis all over the world is influencing a lot almost every single business. Many webmasters are suffering a lot. People are not spending money as before, there are fewer investments. I was checking SitePoint’s Marketplace and many sites are being sold under their normal price because of the economical problems.
You can find really good sites with a lot of potential cheaper than 1 year ago. People are tired of this crisis and want to get rid even from their most successful sites. What everyone is looking at the moment is CASH. I would not recommend anyone to flip sites at this period of time. You might sell the site but not at your desired price you might have expected.
Personally I believe that now is the perfect time to develop sites. If you don’t have skills to do them by yourself, hire some guys to design and code (or program) a site for you. Of course that they will charge less than in normal financial conditions.
Try to increase your website portfolio at this period of time because the value of your sites will increase during the next 3-4 months. Its good investing money on freelancers and other stuff to get the proper sites so when the prices get back to normal, you will have a lot of sites to sell.
Try to built sites on specific niches like finance, loans, investments, attorneys or even health-relates sites.
I will be posting soon a case study report I have done so make sure you are subscribed to get the latest articles
Thanks for your time
Alright I can understand how do you feel. Its okay though, you don’t need to have writing skills or native English. Anyone in the world can write e-books and make a profit selling them on different forums.
The main problem is what to write? You should think as a buyer yourself, what would you buy if you would have some spare dollars? Would you purchase a dating e-book or would you purchase a guide on how to make your site popular?
There are many people who write e-books and make a living from them. Basically it’s all about marketing if you ask me. Actually its 20 % content of your e-book and 80 % marketing skills. (Note that professional marketers can sell even air)
Each of us is good in one specific niche (If you don’t know where you are good at then it means you haven’t discovered yet your skills). By knowing valuable information and writing it down, you are going to help many desperate amateurs who are lurking around without hope.
Let’s get an example of an e-book I have written before a couple of months. It was about betting. Since I have been a professional gambler I thought I could help all the amateurs who were looking for tips on betting.
It took me less than 1 hour to completely finish it and add some payment proofs (This will increase your number of sales as you will seem like someone who knows what you talk about). I converted my .doc file on .pdf and I was ready to sell it. I opened a thread on Digital Point Forums and gave 2 review copies to reputable members and I sold like 15 copies (at $15 per piece) for a hefty total of $225. I know its not an enormous amount but for just an hour of work this is pretty good return. CONCLUSION
Many of you know a lot of things about different webmaster stuff. Other guys are paying top dollars to learn new things so you could create a small e-book with some useful resources and sell the e-book for $7. Just make sure you market it well as that’s the crucial factor.
DISCLAIMER
On Digital Point Forums I see a lot of crappy e-books and they even get 2-3 sales. The idea of this article is to inform you that you can make money selling e-books IF you offer something which has value for the others. Perhaps a case study or something you have done before which would help the others. Please do not create crappy e-books for the sole purpose of getting some dollars. Also remember that if you create a good e-book and have many sales, it will help you and encourage you to write another e-book and you will have again customers as they will know your quality and professionalism
Thanks for your time
Many members are spending hours and hours clicking banners where they get 1/100 of dollar for every click. Depending on your character, you could save your time and do something much more productive rather than looking 30 seconds at a site which you don’t find anything useful. Personally I do believe that different webmasters are spending their precious time for proven-failed scheme as PTC is another way of pyramid schemes (get rich schemes)
What are PTC SITES?
PTC stands for pay to click and basically there are these kinds of sites where you are paid something like $0.01 for every click you make on the advertiser’s banner. Even If it doesn’t require a lot of skills still it doesn’t have any value at all rather for the advertisers or the guys clicking all the time. It has been proven that you get junk traffic which you can only use for statistics as the users are forced to see your site for 30 seconds hence they are not interested at all using your services or products
Why is it better to sell lemonade at the corner of your school?
Well, this is a literal expression but again it’s much more productive creating your own product, being in touch your clients and communicating with them rather than clicking all the day for $1 dollar Why do people join these sites then?
Currently PTC sites are no more than a pyramid scheme (according to me). They promise the heaven but the only person benefiting from all the system is the owner. Below there is a figure expressing how they really work
What is Ponzi scheme?
Carlo Ponzi was an Italian living in United States during 1920s. He is known as the father of those pyramid schemes (also known as HYIP’s) where by investing x amount of money you would get 2x within a period of time. So this system worked pretty well because he had some funds and when he had like 10-15 clients he was paying them all but when more than 10,000 clients joined his pyramidal scheme he ran away with all the cash
Why PTC is a proven failed system?
Pay to click sites are proven to be a total failure because of the simple fact of Demand and Supply. People have unlimited demands whereas we cannot fulfill all their demands due to limited resources (limited supply). Owners of such sites have also implemented a tricky solution to get many investments from different members. They announce that every premium member will be able to earn 2x so in order to become a premium member you have to pay a particular amount of money. This again proves that the owners are the only one earning and once they see that they have many payouts to process they just close the site down and start a new site with a different name and different whois details
This post was written in order to enlighten all of those members who are desperately clicking ads to make some bucks online. Its time to move on, better sell your services or work as a freelancer rather than wasting time on some proven failed methods.
Due to the current financial crisis all over the world, many entrepreneurs are looking to make money online. I have always believed that in order to make money you must have a starting capital to invest. There are many webmasters out there who are having a hard time earning some money from the internet
What is the ideal business model online?
It may vary from country to country but I’m having really a good success developing sites for different companies and selling them. I’m actually outsourcing my work and getting those sites done really at bargain prices and then selling them for 5x profit. Living in a country like Albania where internet is not widely used yet, has its own good advantages to make some decent money
Local Offline Web Development Business
So as you might already understood, basically I get projects from different Albanian companies and I outsource them to different talented guys from 3rd world countries where you can get a professional design or coding almost for free. I might not have any designing skills or programming skills but I do have skills like convincing others and having a good oratory normally helps. Once you have built your own reputation it will be much easier for you to find many projects each month
What is Outsourcing?
Passing your projects to other guys to save time, money and have a better product is called outsourcing. Most of the English & American webmasters outsource all their work to different Indians or Pakistanis to get a site or product done much more cheaply and get a profit out of it.
If you see most of the biggest companies around the world have different factories in China, Taiwan , Indonesia and other cheap countries because in these countries the monthly salary of a worker is much more lower than a worker in USA or Europe. A construction worker in China gets $250 per month working full time whereas the same work if done in USA or work will get him 10x more
A good place to find cheap workers is without doubt Digital Point. There are many talented guys over there that are willing to work full time online just for $250-$300 per month. Imagine if you could find a full staff of designers, programmers and coders who would be able to deliver a site in a day, you could easily flip it.
Alright I was playing around with Wordtrack and I wanted to know how many searches were there for “make money”. Surprisly I saw the following stats
As you can see “ways for teens to make money” has a good volume of search, actually 1136 searches. As you can see there are many teens who are looking to get their financial freedom just by working online and they are looking for fast and free ways too
Way For Teens To Make Money Online
Alright I believe this post will get many searches from all the teens who are looking for ways to make money online that’s why I would like to share some of my personal methods which I’m actually using Freelancing
Many teens are looking for fast and easy ways to generate some pocket money. Freelancing is the right thing to do when you are short of cash. Many of you might not know the term freelancing so let me explain briefly. We suppose you have a particular skill, let’s say you are a designer or a programmer, if you offer your services as a programmer or designer then you are called a freelancer. What if you don’t know know either designing or programming ? Then I would recommend you to write articles. Just head over Digital Point Forums and you will see many interested buyers (of course based on your article quality) So by just writing for 2-3 hours you can get a simple $20-$25 for it. Make sure you write on specific high paying niches like finance , investments or health related
Affiliate Marketing
Many of you might have heard the term affiliate marketing (click here to read affiliate marketing explanation ) but you have never tried because you believe its really difficult promoting different products and getting people to use their credit cards to purchase a product. What If I would tell you that there are offers out there which just require “Name” “Surname” “Address” “State” and “Zip” ? What If I would tell you that this kind of offers are paying up to $15 just for that information ? There is currently an interesting offer at Neverblue where you refer free members to a free UK social site and you get $6.5 for every free lead. You can check the site I’m talking about at www.peppjam.com
So Teens , if you are looking for easy ways to make some money for the next party at your favorite pub, use the above ways and I’m sure you gonna thank me at the end (I doubt it as you will all be drunk from the parties)
A new website has been launched recently which basically covers the whole “make money online” concept. Basically its something like Yahoo Answers but more advanced, with badges , with different levels and other interesting features. People ask questions specifically about niches such as internet marketing, making money online, website flipping , domaining and much more and different users reply and the best reply is selected from the author of the question.
