Equally, you can charge businesses to ‘claim’ their listing, a method used by many large directory sites like Google Business and Yelp. This involves companies paying to upgrade their listing and adding information such as their web address, social media links, images, and more. Other revenue streams include charging for ad space, adding affiliate links and even charging for services and products on your directory site.
Don Crowther is the creator of the world’s best-selling course on building business using social media. This course, called SMARTS (short for Social MARketing Traffic Strategies) generated over $3 million in sales in just 10 days, and taught over 2000 people how to increase their traffic, sales and reputation using social media tools like Facebook, Twitter, YouTube, LinkedIn, HubPages, Squidoo and many more. Don is currently focused on developing his next social media marketing training system, which should be available in 2nd Quarter 2010.
Thank you for the reality check! I’m both an online and offline content developer (speaker / trainer) coming from the corporate world. So many of my peers sit in corporate day-jobs thinking, “I need to get out of here so I can make my millions.” Then we leave (yes, I was one of them!) and find out that we can’t just tomorrow put our shingles out, say we’re speakers / consultants / online marketers / whatever, and expect the masses to flock to us. Your article is good in that it is reality, yet not discouraging. In fact, you say what DOES need to be done in order to make it. So thank you for the reality check. I’m passing this on to some starry-eyed folks bent on making their millions tomorrow.
While many people attempt to understand and wrap their minds around the internet marketing industry as a whole, there are others out there that have truly mastered the field. Now, if you're asking yourself what the term internet marketing actually means, it simply boils down to a number of marketing activities that can be done online. This includes things like affiliate marketing, email marketing, social media marketing, blogging, paid marketing, search engine optimization and so on.
This is the thing that made online earning go viral. Nevertheless, blogging isn’t what it used to be. Ten years ago, people used blogs to share their experiences and personal reflections with their closest ones, much like an online diary. Things have dramatically changed, since blogging is now a competitive business. There are still people who blog for the sake of sharing, but most of them have evolved their blogs into money making machines and turned it into a full time job. So why can’t you?
There are free websites available but they do not look professional and I highly advise against them. Free websites and blogs can be built at blogger.com or wordpress.com but they will always have blogger, blogspot, or WordPress in the title. For example, if I had started BOLD & DETERMINED on a free platform the domain name would be boldanddetermined.wordpress.com and I would never, ever be able to change that until I purchased a real domain name. If your goal is to make a professional money making website you must purchase your own domain name(s).
I saw this Panda in Hong Kong. He was just facing the wall in this concrete room instead of hanging out in the fake grass. We could only see him through the TV monitor. I saw this look a million times when I used to work in an office. Why should you start making money online? Freedom. You don't want to end up like Prison panda. You can be free IF you work to get there.
Going into network marketing? Understand that if you're not close to the top of the food chain there, your ability to generate any serious amount of income will be limited. Be wary of the hype and the sales pitches that get you thinking that it's going to work the other way. Simply understand that you're going to have to work hard no matter what you pick to do. Email marketing? Sure. You can do that. But you'll need a massive and very targeted list to make any dent.
Fiverr: Israeli-based Fivver was started in 2010 by Shal Wininger and Micha Kaufam. It's a great resource for selling just about any service online. You can offer gigs as low as $5 but also get paid much more for upgrades and add-ons. There are plenty of providers earning 6 figures on Fiverr so it's definitely a worthwhile cause for generating a healthy income. Just ensure that you provide some serious value.