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How to Explore the Internet Gold Mine

January 12th, 2009

wordpress-goldmine-buy.jpgToday’s article, which was originally submitted under the title of “The Internet a Gold Mine Waiting to Be Mined”, comes courtesy of an author writing under the username of hamik112 from the DigitalPoint forums. While not exactly the greatest of literature, it touches on some of the ways that we can make money on the Internet and turn these into profitable businesses. Meanwhile, if you just want to cut straight to the chase, you can click on the image to the left, which will take you to a product called WordPress Goldmine. This is a series of instructional videos that will show you how to use the WordPress blogging platform and combine this with solid search engine optimization (SEO) strategies to develop a consistent stream of income.

There are tons of ways to make money with the Internet. The most common ways are by providing a service or selling a product. The Internet is a goldmine waiting to be explored and mined.

The first way to make money is by providing a service. Many websites’ revenue comes from providing a service. Over several years, they will build up a reputation and gather clients. Most of these clients will come back because of the experience they’ve had with the website. This is the main reason that thousands of dollars of transactions can be made through the Internet even if one has never set eyes on the person who is providing the service.

The cost of setting up an e-commerce site includes purchasing a domain as well as monthly Web hosting costs which will usually run from five to ten dollars per month for the hosting and about nine dollars per year for the domain. Then you will need to pay your staff and workers. These will usually be writers, copywriters, graphic designers, programmers, Web designers, and possibly some managers to help with advertising and marketing.

If you can manage to do all of the above, you will save yourself tons of money. Sometimes you won’t even need any of the above if your service is as simple as writing for others. If you have a staff, make sure your revenue will be significantly bigger than your costs so you can actually create a profit. If you have a tangible business, expanding your business online will expand your pool of potential clients and open up tons of opportunities for you.

It is not necessary to create a website all by yourself to establish it as a business. There are plenty of freelancers that can do this for you and will bid on these types of jobs from freelancer websites such as Elance.com or GetAFreelancer.com. If this is the case for you, make sure that the people you want to hire have a good reputation with as much postive feedback as possible.

Another great way to make money is to blog. You can get a free blog at Blogger.com or WordPress.com, but buying your own domain and hosting is recommended. Make sure your blog is unique. Don’t just write about boring things from your life; instead write about a specific genre such as “how to make money with WordPress blogs”, “making money from affiliate programs“, etc. If you decide to blog for money you will probably be generating income from advertisements on your site through Google Adsense or another contextual ad network.

Remember that blogging is not a “get rich quick” scheme. It takes time and effort. Remember to post quality content every day. The more quality content you blog, the more traffic you will receive specifically from search engines.

Now that you have started to blog, you should start advertising your site. You can advertise by many ways such as writing articles and posting them at article directories, posting comments on other blogs similar to yours, and submitting your site to the various other directories that will give you a link back to your blog in their category listings.

Another great way to make money is through CPA offers. CPA stands for Cost Per Acquisition or Cost Per Action. First you must join a CPA network and get approved, but once you do, you will usually find a plethora of offers available that will be targeted to different types of consumers. Some common offers involve tasks as simple as getting people to submit their email address or zip code for the chance to win a prize. These will usually pay anywhere from 50 cents to $1.50 for each email address or zip code you get someone to enter.

CPAs are a great way to make money, and many people are even making a living just from promoting these. You can find out more about how to do this through methods such as the ones described at CPA-Riches.com.

One Response to “How to Explore the Internet Gold Mine”

  1. comment number 1 by: AGX Hosting

    Very nice article. Just starting on Affiliate Marketing and seems to be a great opportunity. Plentiful at cj.com and clickbank.com.

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