[FFX]Making money from teh interwebs!

Posted by FireflyX on Feb. 22, 2010, 3:47 p.m.

Hey 64D,

So I've been spending all week researching into making money from websites. Now this is something that usually if people really work at then they can make a little bit of extra cash if their lucky. But I don't care about that, I'm looking to make serious money from this internet thing. Yes I know what you're thinking and no I don't believe in get rich quick schemes or that paid surveys crap. However through good ideas, good advertising, good web designing and good SEO skills a decent amount of money can be made. No not millions but making a living is off the internet is very much a reality.

I don't know if any of you have ever heard of Mochi Ads but I signed up recently. Basically it allows for game developers to make money from putting ads in their game but people also get money for putting peoples games on their site. So recently I've been setting up games on 2 of my sites using this system and I have to say it is the best CPM ads system I've come across. It isn't one of those where your site has to have a massive amount of traffic before they accept you. Only downside is it doesn't pay great so you do really need a lot of attention before you make decent money from it.

Also as you might know from my last blog I have been setting up the Bidvertiser ads on my site. Now that is making me about £4.20 per week so I'm not doing so badly on that one but I still could do with more clicks =P

Another interesting opportunity I came across was placing offers on your site that when completed by others would pay you. So why would anyone complete an offer that is going to get me money? Well you have to offer incentives such as a points system (like the one on Plusonedexterity.com) so users get points, you get money and everyone's happy =D The best one of these seems to be Boulevard Media but you can only apply to them if you are a registered business.

Finally you could offer something like a premium account service where by paying lets say.. £2 a month users get access to whole range of extra features. Now this is what will make you the greatest amount of money per person but then again it's the most difficult to get people to participate in since they are using their own money.

So… yeh, that concludes my research. So my main purpose of all this is due to the fact that I am going to see somebody next week about setting up an internet based business and there are lots of organisations around here that can help me with business plans, funding and all the rest of it. I have also been speaking to a guy who is willing to let me advertise with a banner at the top of his site for £500 per month and his site gets 4 million hits a month so I should have no problem driving traffic towards my sites. So that is how I plan to make a living since well… I need money to live ;)

Btw if you guys have some better ideas than the ones I've talked about please feel free to comment them!

Comments

Zaron 11 years ago

You getting eight bucks a day from ad revenue is envy-inducing beyond words, but ads typically help cover bandwidth and hosting costs more than anything else. You can't rely on them to consistently turn a profit, but they can help cover your ass until you do.

Likewise, premium memberships only matter if there's something fairly significant to entice people into them, and for a young site I question if that's a particularly good idea since your first goal should be getting people there at all.

soooo…

How about *selling things*? Seems to be the most obvious way.

Granted you need stuff people are interested in, and depending on the business… well, no, business in general is going to involve selling things.

The question being, selling what?

FireflyX 11 years ago

If I were planning on selling products then creating interesting sites, driving a lot of traffic toward them and more importantly getting people to return to the site would be the first priority. If this works out… then yes that could be a possibility but lets just take it one step at a time.

As for what to actually sell, the internet can basically sell anything you want as long as you reach out to the right people.

The Avatrol 11 years ago

With so many websites out there covering a wide variety of topics and serving a wide variety of needs, you better have a DAMN good idea if you plan on getting enough traffic to generate any sort of revenue. Even then, your chances of making good money from this are slim to nothing.

Kaz 11 years ago

Good research. It's pretty much the same you learn in college so I can agree, this is correct. Also, it isn't as hard as it seems to make some good money on the internet =D

Alert Games 11 years ago

Alright. MARKETING. You need to know how to make the viewer believe what you are offering is worth the price.

Secondly, do NOT add offers. Nobody does those things usually. Maybe with good marketing, but thats hard.

I would say that you need a pretty good idea. Either a way of offering something new/different/convienient/etc. Then have ads, premium services, etc.

Its not HARD to make money on the internet, but it requires effort. It all depends.

FireflyX 11 years ago

Quote:
Secondly, do NOT add offers. Nobody does those things usually. Maybe with good marketing, but thats hard.
Well you just have to have some good incentives that will make people think that the reward for completing an offer is worth it but yeh that is probably one of the more difficult ones to make decent money from.