The Pandora Box – Making Money On The Internet

If people continue to use the internet like we do now, the day is not far off when it will become the sole earning source of millions if it hasn’t already. In the last two decades, the internet has turned into a huge Pandora box, waiting to be explored.  Truly, pause a bit and think how your life revolves around the internet and the multiple earning scopes it offers.

From affiliate marketing to content writing, the internet connects millions of people everyday and creates multiple streams of income opportunities for so many. The internet in itself is a booming ‘economy’ and everyday people out there are cashing in! There are tons of options available for making money on internet.

Few Ways Of Making Money On The Internet:

Google AdWords and AdSense

One of the most trusted and preferred ways of earning money online by website owners and bloggers is using Google AdSense and Google AdWords.

It is perhaps the oldest successfully running online money making strategy. When you create blogs or a website, you choose to publish Google sponsored ads and you get paid on PPC and CPM reports. PPC or “Pay per Click” program pays you when unique visitors click on the ads published on your site. CPM or “Cost per Millennium” program pays for every thousand visitors on the site.

However, you must focus on getting huge amounts of traffic to your site if you want to make money with AdSense and AdWords. Earnings depends on the traffic visiting the website or blog. Therefore, one needs to market the site exceptionally well to make it popular.

Content Writing

There are two ways how a content writing business works online – either you write and publish yourself or you sign up with memberships sites where you can find freelance writing work.

About.com, Hubpages.com, Squidoo.com, eHow.com, ReviewMe.com, MashableWriters.com, Yahoo! Publishers Networks, AssociatedContent.com and ReviewStream.com are just a few examples of sites where you can sign up as online writer, publish your works, and get paid on a revenue sharing basis. Some of the sites like About.com and AssociatedContent.com pay upfront for articles and product reviews.

Elance.com, Freelancer.com, oDesk.com, Guru.com, ProBlogger.com and iFreelance.com are popular websites where you need to sign up as writer, display your skills, bid on projects, get hired, complete the projects and get paid.

Of course in bidding, you will experience some competition but if you are confident in your writing skills and what you can bring to the table, it’s easy to earn online this way.

In both ways above, you need to have a PayPal account to collect revenues and payments. Other payment options are MoneyBookers and Wire Transfer. There is no limit to the amount of money one can earn. An experienced freelance writer can earn more than $3000 USD every month.

Affiliate Marketing

Online affiliate marketing is a business practice where you become an affiliate for a company aiding them in selling their products and services. You earn when customers buy their product through your reference. The affiliate marketing industry has four core participants – the merchant (brand / product), the network (social networking and other promotional media), the publisher (affiliate) and the customer (the buyer).

William J. Tobin patented affiliate marketing way back in 1989. It’s a fact that in the last two decades, affiliate marketing has progressed but has become stagnant too in a way since advertisers choose to ignore it these days.

However, the fact remains that affiliate marketing methods like email campaign, search engine optimization and display advertising remains one of the most trusted forms of online promotion.

Websites like CommissionJunction.com, MoreNiche.com, Clickbank.com, Bidvertiser.com, WickedFire.com, Amazon Affiliates, Alertpay Affiliates and Pageflakes Affiliates are some of the most popular affiliate websites. To become an affiliate, you need to sign up with the merchant company, learn about their products and services then promote them online.

If you want to earn substantial money online by becoming an affiliate, you need to definitely stress promotion. Without promotion, an affiliate marketing business cannot flourish.

An establish affiliate marketer can earn anywhere between $5000-$10,000 or more every month. The sky is the limit depending on how much effort you are willing to put into it.

Conclusion – Will The Pandora Box Survive?

Seeing the current economical trend, the internet Pandora box will definitely continue…a no-brainer. Technological advancements and Web developments are making it easier for people to find and maintain a sustainable income source online. If nothing else, earning money online provides a decent additional income over your full time job. Hit the iron while it’s hot – start making money online now!