Chapter 6: eBooks
eBooks, when used rightly, could be a wonderful way to earn online.
When the Internet first became popular, it was looked upon mostly as a portal for information and communication. The information part was actually very poignant, because people didn’t have such a splendid method of finding what they wanted whenever they wanted. This impression of the Internet persists even today. Even today, the Internet is an information superhighway and people with an astute mind are making the most of it in various ways.
One of the most significant ways is through creating and selling eBooks. EBooks, or electronic books, are books filled with information on one particular subject. It covers a part of that subject, and is generally (but not always) a self-help guide. Well, those are the ones that make the most money and hence are the most popular, anyway.
The concept is simple. Take something that people are searching for information on, and create an eBook about it. Write in a simple, crisp manner in a language that even a layperson can understand. When you have the eBook ready, promote it over the Internet. There are various ways to do that – make a webpage, create a sales page, advertise through affiliates, promote the eBook on social networking websites, etc. The more you make your eBook popular, the more people will want to have it.
Now, there are two ways in which you can make money out of your eBooks. You could either sell them directly for money, or you could use them to sell a bigger product. When you do the latter, you may not even charge for your eBook. The concept of giving away is very much real on the Internet, and it does attract a lot of interested people to buy bigger products.
So, what can you write the eBook on? Think about anything you know that you think people might like to know about. It could be about anything – about how to clean glass windows the right way or about how to look for mortgage providers for your new nest. The idea is to teach, and to make money out of that teaching.
Chapter 7: Affiliate Marketing
Understand what affiliate marketing is, learn more about it and unleash its potential on your income.
Affiliate marketing is a very popular concept on the Internet. Basically, it is a way in which you promote someone else’s product on your webpage or blog and earn money for driving people to the advertiser’s website. These people that you send are known as traffic. The payment is usually through a PPC method (not unlike Google AdSense). You are paid per click that you generate on the advertiser’s website link. However, there are other payment models as well, such as PPS (where you are paid per sale) and PPL (where you are paid per lead).
Now, here is a method that can help you earn money even as you sleep. Once you set up the ad and put your promotional campaigns in place, people will automatically keep getting directed to the advertiser’s website, which means you automatically start getting money. This kind of money, which comes in without doing anything constantly, is known as residual income or passive income.
Your basic efforts here are at publicizing your own website or blog so that the affiliate links on them become visible and more people click on them. Your income is directly proportionate to the number of people that you manage to send. You could popularize your website through several other instant cash strategies mentioned here, such as article writing and submission, blogging, etc.
One of the main reasons why affiliate marketing is popular today is because the payment is really long-term. The money just keeps coming if you have done things rightly. Unlike other methods, the payment here comes in, regardless of the amount of effort you put in. A few months of careful planning and implementing can bring in thousands of dollars a month into your coffers. However, this is an instant cash method as well, because the money will start coming almost instantly, usually within the first week itself.
Chapter 8: Website Spinning
Web spinning may be for Spider-Man, but website spinning can make you a really rich man (or woman!).
This is an instant cash method that many people like. It makes good money, doesn’t need a terrible lot of effort and is creative as well. However, you need to have a modicum of technical knowledge to begin with. Again, that shouldn’t deter you. Even if you don’t have the technical knowledge, you can still hire someone to do things that you aren’t comfortable with.
So, what is website spinning actually? This is a method in which people build websites and then sell them over for a profit. The basic purpose of making the website is to be able to sell it later. The profit can be good if the website is good.
Here are a few things that website spinners keep in mind.
They book great domain names. In fact, a lot of their talent lies here. They make sure that the domain names are good SEO and that they have good recall value as well.
They build short websites. The websites aren’t kept too large because then it becomes difficult to flip them. A usual website that is designed for flipping contains no more than 10 pages.
The websites are kept rich in content. The content is meant to educate. Once again, the content is high SEO, containing a lot of keywords that people commonly search for.
The design and the overall look of the website are kept quite basic. The reason for that is to enable the buyer to tweak the website according to their desires.
The proceeds of the sale depend on how good the website is. The least you could expect for a website of 10 pages is $50, which is not bad for starters. If your website already has some popularity on Google, you could sell it for much higher.
The selling is done on forums. A good place to sell is the Digital Point Forums.
Chapter 9: Technical Services
If you have some technical talent, there are some great ways to make money out of it.
Any kind of technical knowledge can be brilliantly used on the Internet to make money. If you have knowledge of website designing, for example, you could get work designing websites for other people on the Internet. You could get your clients to pay you as much as $10 to $100 per page you design for them, depending on various factors. Some of these factors are the complexity of the webpage that you are designing for them, the budget of the website, your own knowledge and reputation, etc.
Website designing is just one such technical service that you can provide for a great deal of money. There are several others in the similar categories. Graphics designing is another very lucrative area. Even designing a logo for a company could give you hundreds of dollars. Or, you could provide some animation or videos to a client. There are numerous things that you can do.
So, where do you find all this work? The best places to find them are on the various freelance jobsites. Here are a few:-
GetAFreelancer (http://www.getafreelancer.com/)
ScriptLance (http://www.scriptlance.com/)
Guru (http://www.guru.com/)
ELance (http://www.elance.com/)
oDesk (http://www.odesk.com/)
On these sites, you find work through a bidding system. People who are looking for work make posts here and then you bid on those. Your bid will also mention the timeframe you would be completing the job in. You could give samples to increase your chances. The buyers check their bids and the samples and then decide people who fit their bills in the best way.
You could also find clients on social networking sites. Joining a group on sites like Twitter, Facebook, etc. could be a great way of networking with other people with similar skills as you have and make some money. However, the drawback of finding work on these places is that they are not jobsites and hence they shouldn’t be your primary choice for finding work online.
Chapter 10: Some Things to Remember
Making instant cash is very much possible. Just bear in mind these few things.
Remember that even money you earn through the Internet sitting at home is taxable. You are liable to pay your own taxes here. However, there are a very few clients who will look into your taxation needs. These will be the people who will want to retain you long-term. But when you are looking for instant cash methods, no one is going to shoulder the burden of your taxation.
You will need an online bank account. PayPal (http://www.paypal.com/) is the leading online bank today, followed quite distantly by Moneybookers (http://www.moneybookers.com/). Most online jobsites act as payment distributors as well. You can directly order checks from them.
When you are earning for yourself, it is quite easy to get distracted and lose focus. Don’t do that, because when you are working on the Internet through freelance websites, there’s a rating system. One bad rating could jeopardize your future prospects. Your clients know you only through your rating and hence you have to make sure that remains spotless.
Always keep learning. On the Internet, the one who learns the most earns the most. There are new techniques and strategies being developed almost every day and people are making use of them to enhance their prospects. It doesn’t take time for anything to become highly competitive on the Internet soon. So, make sure you stay ahead of the competition.
Don’t be dejected if you aren’t able to earn in bucketfuls right from the start. Most instant cash strategies will pay you small amounts when you start out, but with experience you can start demanding more. As you get more ratings, you enhance your chances and the amount you earn too. Gather ratings as someone would gather experience on their portfolios.
So, go ahead and take the plunge in this online world. There are several pools for you to try out your talents and earning potentials.
Conclusion
There are various instant cash strategies available to you, and this eBook mentions the best of them.
Use them right, and you will never want for those petty sums of money to pay your bills again.
Why, you might even become the richest man you know personally!
It only takes some time, some effort and the right knowledge.
All the best to you!!!
