Making Money
Overview
by Kath
There are
basically two ways to make money with your website. The first, and most common,
way is by advertising other website's that require surfers to pay for access.
The second is by having a site that requires surfers to pay for access. They
each have their advantages and disadvantages.
Advertising
other websites that require surfers to pay for access is the least expensive
and easiest of the two ways to make money with your website. You basically
refer surfers from your website to another website where the surfer signs up
for membership or another service. This method requires the least amount of
investment in terms of money out of your pocket.
Simply put, you
create a website and have a method of referring surfers to companies that are
willing to pay for the referrals. These companies are most commonly referred to
as sponsors. There are many different types of sponsorships offered by
companies. Some examples include:
- Per Sign Up
Pays whenever a surfer
joins the sponsors site. It's a one time payment. It can pay up to $75 per sign
up.
- Partnership
Pays a percentage of what
the surfer pays whenever they pay for membership to the site. It pays each and
every time the surfer renews their membership. It can pay up to 60 % of what
the surfer is paying. Payout is usually in the $9.95 to $15.95 range.
- Raw
Pays each time a surfer clicks on a
link to the sponsor. If the same surfer clicks on a link twice, you'll get paid
twice. Payout is usually in the $0.003 - $0.05 cent range.
- Unique
Pays each time a
unique surfer clicks on a link to the sponsor. Unique if defined as
a surfer that hasn't been to the sponsor from you or anyone else for a
specified period of time. If the same surfer clicks on a link twice, you'll get
paid once. Payout is usually in the $0.01 - $0.50 cent range.
- Email
Pays per verified email address.
A surfer enters their email address and the sponsor sends a confirming email.
When the surfer responds to the email from the surfer, you get paid.
- Blind links
Blind links You can
put whatever misleading text you want (as long as it follows individual
sponsors terms and conditions) to get the surfer to click on the link to the
sponsor.
- Per Impression
You get paid according
to how many times the sponsors advertisement gets seen on your page.
- Commission
You earn a percentage based
on how much a surfer spends at a sponsor site. This is typically a sex store or
videotapes type sponsorship site.
We'll discuss
these programs in more detail a little later, but for the time being just
remember that they are many different ways to make money by referring surfers
to sponsors. On some programs you can make as much as $45 a sign up even though
the surfer might not even need to pay initially to join the sponsors site. This
is because they will make up the difference when the surfers membership renews
every month over a period of many months.
Your website
should be designed with the referral concept in mind. Your website should offer
the surfer a reason to visit it but also a reason to sign up at a sponsors
site. So, you don't want to offer too much free stuff so that your surfer never
has a reason to sign up somewhere else. You are essentially a salesperson
selling other sites that will pay you based on your results. As you gain more
experience with the Internet, you'll learn how to fine tune your selling
techniques.
The second way to make money is by having a site that
people pay to access. This involves having enough content (pictures, stories,
movies, video feeds, etc) on your site that justifies people paying to access
it. Additionally, payments methods including credit card processing, etc also
have to be in place. This is not the recommended thing for people that are
relatively new to the web to be trying to do. There are exceptions and they
will be covered in another upcoming tutorial.
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