How to Make Money From Your Website?
By: Mark Sheldon Wong
This project is called "Passive Income
Online" or simply Project PIO. My research had started since year 2005
an I have tried many stuff on how to have a passive income online.
passive income means constant income
take for example a boarding house or an apartment. where you just collect
rent monthly with out having to
work for it. :)
How to make money online? the answer is simply Advertising.
If you look at many websites, you will
probably notice that there are banner advertisements displayed on most
pages. If you are a newcomer to the
scene, you might think that you must either be a company or that your site
must be famous before you can get advertisers, just as it is the case in
hardcopy publications.
In reality, anyone with a website can
get advertisers. While it is true that if your site is well-known, you may
get companies contacting you to offer
to advertise on your site, you can get advertising revenue even if you are
just starting out and your site is relatively unknown.
The way to do this is to join as an
"affiliate" of various sites, either directly, or through an affiliate
network. An affiliate network is simply an
intermediary where you can select from a variety of advertisers.
Payment Schemes
Before joining any program, you should
probably be aware of the different payment schemes available.
-
Pay Per Impression (CPM)
Here, you are paid according to the number
of times the advertiser's banner is displayed on your site. The amount you
earn is typically calculated based on the number of thousand impressions
of the banner (impressions = number of times the banner is displayed),
often abbreviated CPM (cost per thousand, with the M being the Latin
numeral for thousand). That is, $5 CPM means that you get paid $5 for
1,000 displays of the banner. In general, the amount paid is usually
small, but it is easy to earn since everytime a visitor loads the page,
you earn. This is known as a "high conversion rate". Needless to say, this
method will allow you to automatically earn more if your site attracts a
lot of visitors.
-
Pay Per Click (PPC)
When you are paid per click, you are only
paid when visitors click the advertiser's banner on your site. The amount
paid is usually higher than the pay per impression scheme. Whether you get
a high conversion rate here depends on the banner (whether it attracts
people to click it), although in general, it has a higher conversion rate
than the pay per sale method. A high traffic site will probably enjoy a
higher click rate than a lower traffic site, although you will probably
get better results if your banners are carefully selected to suit the
target audience of your site.
-
Pay Per Sale or Lead
While you will probably get the highest
payment rates with this method, it has the lowest conversion rate of the
three schemes. You will only earn if your visitors click through the
banner and either purchase an item from the advertiser or take some other
prescribed action (eg, sign up for a service). Like the Pay Per Click
method, you get much better results if you carefully select your
advertisers to suit the target audience of your site.
In general, to avoid wasting resources
in issuing cheques for very small amounts, advertisers will usually accrue
the amount owing to you until it
reaches a certain level (such as $25) before they pay you.
Where to Find Affiliate Programs
Affiliates
List
Free Web Directory! |
Haktech |
Guess Jeans
|