7 Top Tips For Making Money Online

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Online Cash

The internet has revolutionized the way we connect with others, how we shop, the ways in which we socialize and how we work. It has also caused some big changes in how we make money.

People use the internet to make a little cash, and others have turned working on the web into their primary source of income. For some folks, this means a lot of income. To help you make the most money you can from the World Wide Web, here are seven top tips for making money that can help you to optimize and increase your income.

1. Start A Blog

It doesn’t matter if you are in the business of selling widgets; every site needs a blog!  Blogs let you add fresh content all the time, content that will keep visitors coming back for more and that will keep your pages on the top of search results.

Blog pages also give you more space for discrete advertisements and affiliate programs and other similar streams of revenue. Additionally, getting paid for doing sponsored posts and reviews are a great way to make more money.

So, if you haven’t already got one, start a blog today!

2. If Something Is Too Good To Be True, It Probably Is!

Don’t get blinded by promises of big pay checks. If something or someone is promising to pay you big bucks for doing nearly nothing, it probably isn’t what it claims to be.

3. Use Social Media

Social Networking

Social media networks like Facebook and Twitter are top ways to build a buzz around your website or business. If you have multiple sites, be sure that each of them has an account that is updated regularly. Social sites aren’t repayable as your only form of advertising, but they can help to build a lot of brand recognition and send eyes to your sites.

4. Pick One Niche & Expand Outward

While it may be tempting to start blogs and sites that appeal to lots of top categories, this strategy may spread you out too thin and prevent you from ever truly optimizing any of these channels. Start with one niche that you are the most knowledgeable about, establish yourself as an expert and then expand out from there. Only then start working out other areas.

5. Work On It Every Day!

Making money on the web is something that happens 24 hours a day seven days a week. If you start building your site and take a hiatus for a few weeks, you site will still be there, but many of your viewers or customers won’t be. If you have a blog, try to update once a day at minimum. If you have a site or service, try to respond to emails within 24 hours. Even though you can’t be available all the time, your site is, and whether rightly or not, your visitors expect you to be too.

6. Don’t Try To Make Your Money The Easy Way

That isn’t to say that you shouldn’t go after the easy money from things like ads, but you shouldn’t have that be your only way to make money. Ads may make you some extra money, but every click on these ads often earns you only pennies. Additionally, the folks who visit your pages don’t like ads, and if your page is slathered with them people won’t keep visiting your page, and they definitely won’t be clicking on those ads.

7. Work Multiple Channels

Diversify

If you put all of your eggs in one basket, you are asking for trouble. Even if you have the best ideas, best products or best anything else, it doesn’t mean that it will make you a ton of loot. If you have your online widget store, you should also be sure to have a widget blog (with ads and affiliate marketing programs) and maybe even an eBay store to unload widget overstock. This way you are hedging your bets and making sure you have money coming in from other channels in the event of difficulties with one of your streams.

About Matt Smith

Matt Smith is the founder and editor of OnlineIncomeTeacher. He is a Professional Blogger, SEO Consultant & Web Developer, running a number of sites from the UK. Connect with him on Twitter, Facebook, Google+ and LinkedIn.

  • Susan Geers

    Good article. Very informative.

    • http://onlineincometeacher.com/ Matt Smith

      Thanks Susan! Kevin did a great job writing this post for us. Hope you found it useful

  • http://www.facebook.com/marykekie Maryke Van Rensburg

    Excellent post! Long ago, I started to try and make money on the internet and fell for quite a few hooligans :-) Now that I’m more learned in the ways, I have upped my Google Adsense income and have a few blogs I run. Hopefully my small income will change into a nice income this year and believe me, I won’t hand out money for online scams again.

    • http://onlineincometeacher.com/ Matt Smith

      Yeah, you’ve got to be careful these days. There are a lot of scammers out there trying to sell bogus stuff to people that just doesn’t work.

      Good luck this year with all your blogs :)

  • http://www.whatbizopp.com/ Dan – earn extra money

    Trust plays a very important role for people wanting to make money online. So take the time to gain the trust of both search engines and users. When search engines trust you, they’ll reward you with higher ranking than competitor websites. And when people trust you, they’ll buy from you.

    • http://onlineincometeacher.com/ Matt Smith

      Trust is such a vital ingredient in any business! It takes time to build up trust between you and your site visitors, there is no ‘quick route’ to success. The best way is to be open and honest about what you do and spend your time making your site the best that it can be. People will see the hard work that you are putting into it, which is a great start to building a relationship between you and the customer.

  • http://onlineincometeacher.com/ Matt Smith

    Yes, you have to try and avoid the many scams online claiming to make quick and easy money. There is no such thing as quick & easy money! It takes hard work and dedication to make a success of your business, as long as you remember that then you are on the right road.

  • Puppies for Profit

    What a great post. Many people need help with this as they expect to make easy money online, but it takes a lot of hard work.

    • http://onlineincometeacher.com/ Matt Smith

      Definitely! Making money online is NOT easy. Anyone that says otherwise is frankly lying to you.

      That’s not to say that it’s not possible to make money online because it is. It just takes hard work, like anything, to make it successful.

  • http://twitter.com/PaydayFreedom1 Payday Freedom

    It is not that quite easy to start a business online and to create a blog. You need to be able to write a really good content, must always think of the readers and how will they benefit from you, than thinking of how will you earn money out of it.

    • http://onlineincometeacher.com/ Matt Smith

      I totally agree! Blogging is NOT easy, in fact it can be quite hard, but it is a way for people to make money online.

      You make a great point though, if people are more interested in making money rather than providing for their readers, they won’t be very successful for long. Like any business, you need to provide a service/product to people that they want, otherwise you won’t generate any business.

      • Alan Dingwall

        I agree it could take years before you even make a penny online so people who are only in this for the money will not be fulfilled with this and most will not make money because they’ll end up giving up quickly.

        There are a million and one problems people will face trying to make money online and that’s why they should concentrate on helping their readers and prospective customers so they can make money in the future.

        Your point is exactly correct Matt and it’s sort of what I meant above to. Put your readers and prospective customers first before anything else and provide as much value as you can to them before even launching a product.

        Then when you do eventually launch a product people have to remember that it’s about their customers and not about the money. If they put their customers needs first then they are more likely to make more money, grow their online business furthers and become more successful.

        • http://onlineincometeacher.com/ Matt Smith

          “Years” may be pushing it a little, but you certainly shouldn’t expect to start earning straight away. It just takes a bit of time to initially grow your site to a certain level.

          I can’t remember where I first read this, but I always remember this little piece of advice. “Entrepreneurs should always focus on what interests them and what they are passionate about. If that entertains/informs/helps people along the way, then money is simply a by-product of doing what you love.”

  • Alan Dingwall

    Great tips for people trying to make money online. The best way to do so is to build your readers trust and get them to convert into customers and signup to your newsletter. The best way to do this is to use what I call the PWSS strategy.

    You should outline a problem (P), then tell the customers why they’re having that problem (W), outline the steps to over coming the problem (S) and give them a overall solution to the problem (S). This is the PWSS strategy, now I’m sure it’s used all over the place, but there’s still a lot of people online today who don’t think about providing value to their readers first which is the most important thing to do. Your customers come first before anyone else in your online business.

    I actually asked your opinion about the post where I outlined 4 examples that were:
    1) Building your audience for your Facebook page
    2) Building a audience on your Twitter
    3) Building a audience for your blog
    4) And last but not least building a online business

    These were numbered under the subtitles:
    1) Problem
    2) Why
    3) Steps
    4) And finally solution

    Now near the end of the post I also mentioned that people don’t want list posts, but they do; However they want a certain kind of list post. I’ve seen a lot of list posts online that go a little like this:

    How to make money online

    1) Set up a blog
    2) Do online surveys
    3) Become a Amazon affiliate
    4) Write a ebook
    5) Provide a service

    And list posts should not be written this way because people may not under stand why they should do this or how to do this.

    Instead list posts should be written like this:

    How to make money online

    1) Set up a blog

    One way of making money online is to set up a blog, but this won’t happen fast because like all things in life it needs time to grow ect…

    Then you’d go on to 2), 3), 4) and 5) ect…

    People should be providing people with a problem, the reason as to why they’ll have or are having that problem, steps to over coming that problem and a overall solution and people could add a couple of additional tips for their readers.

    This would provide more value to their readers by telling them the challenges that they face and it won’t give them the illusion that this is easy.

    This was a great post Matt. :)

    • http://onlineincometeacher.com/ Matt Smith

      Hi Alan,

      Where/when did you ask my opinion on Facebook, Twitter, Blogs and building an online business? I must have not seen that.

      Your PWSS approach to writing seems like a very good one to use. I can’t say that I have heard about it before, but I “think” I try to do the same. Readers are essentially looking for help, advise and information online (when not viewing funny cat videos that is), so if you can present it to them in the right way, they are more likely to follow.

      I like to write posts with logical questions placed throughout that people reading may be asking. That way, it encourages them to keep reading to the end, or at least that is the plan anyway.