Saturday, January 8, 2011

How To Make Money Blogging

More and more people are realising that blogging is one of the best ways to start your own online business. It requires minimal start up costs, you can build an impressive and loyal readership over time and once you know how to monetize your blog it can also bring in a decent income that will keep on coming even on the days when you don’t update your blog.

There are several ways to set up a blog online. You could use WordPress, Blogger, or another free site that hosts your blog for you; or alternatively you can set up your own blog under your own domain name.

If you want to make serious money from blogging, you must have complete control over your blog – and that’s something the free blogging accounts won’t give you. You’ll be bound by their terms and conditions and that usually includes not being able to actively promote anything. There are plenty of people who have established a blog only to have it removed without notice some weeks or months later.

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It will cost you a few dollars to buy your domain name and set up a web server that will host your blog, but the benefits will far outweigh the cost involved. It can literally be as little as $20 a year we’re talking about here – and that buys you total freedom.

Once you’re ready to set your blog up you’ll need to choose a good theme and layout for it. You might find one that relates to your choice of subject (more on that in a moment) or else there might be one you just like the look of. But there are thousands of templates available for you to use – a simple search on Google will reveal the ones that will be best suited to your topic.

But perhaps the most important question is what you are going to blog about. The whole world is your oyster here – some people blog about their lives in general; some blog about their jobs; some blog about their hobbies; some tell the world about their kids and what it’s like to be a parent, and still others blog about the weird world of celebrities. But whatever you choose to blog about it needs to be something you are passionate about. Don’t forget, you are going to be writing about this topic several times a week, and if you don’t have the enthusiasm for it, that will show in your posts – and no one else will have the enthusiasm to read them.

Okay – so you’ve got your subject. Now you have to start writing your blog posts. If you take a look at just a few of the blogs already online, you’ll notice that the length of the posts varies a lot. Some people only write a paragraph or two each time, but you’ll get better results if you go for something a little longer than this. Around 400 to 500 words makes for a good post with a lot of information in it; some people write hugely long posts that are thousands of words long and could be called an e-book by another name.

But you can also take the format of this blog, by posting a short blog entry which leads into a longer article. This has the benefit of highlighting a lot of blog posts on the home page of the site, and people can then click through and read the ones they like the most.

You should remember however that there are no real rules when it comes to blogging. Over time you will naturally find what works for you, and your blog will settle down into a nice pattern that both you and your readers will enjoy. You’ll find your character and personality will start to come through in your writing too; don’t fight against this as it is one of the hallmarks of blogging. It is, after all, a personal account of an individual’s life and experiences, so show people what you’re made of! You’ll get a more loyal – and bigger – audience like this.

So you’ve got your blog up and running and you’re posting to it on a regular basis. The next step is to get it in front of as many interested eyeballs as possible.

One great way to do this is to submit it to as many of the social bookmarking sites as possible. You can also join social networking sites and build a profile which contains a link to your blog. Other no cost ways to generate traffic include writing free articles for article directories with a link to your blog at the end, and creating signatures at the end of any posts you make to internet forums, and also in all the emails you send out. When you really start thinking about it, you don’t actually need to spend anything to generate plenty of traffic.

All we need to do now is monetize the blog itself. You’ll want to generate some money from all the visitors you’ll start getting, and there are plenty of ways to do this easily. Google Adsense is probably the most well known method – you can join the program for free and display contextual ads that your visitors will be interested in to maximise your click through rate.

There are also a handful of websites which give you the opportunity to get paid for each blog post you make on a specific subject. Pay Per Post and Review Me are two such examples, and they will pay you a certain amount of money to review a product or website for the owner. In a similar vein you can also review and recommend other people’s products through affiliate links inserted into your blog posts, and earn money on commissions earned through any purchases people make.

And once you’re more established you can offer ad space on your blog too, and charge a fee for both classified and display ads if you wish. What could be better than setting your own price?

But there is one final step you can take with your blog if you enjoy a change of scene every now and again. You can sell your blog! Once it is established and has plenty of revenue and traffic, you can usually sell it for ten times its monthly revenue.

And then, you can start all over again with a whole new subject!

So that’s it – profitable blogging in a nutshell. If you have any questions feel free to leave your comments in the form below. And once you’ve done that, get out there and get started building your first blog today.

How To Make Money With Facebook

If you haven’t heard of Facebook by now, you must be one of the few people on the planet who hasn’t. It’s one of the biggest social networking sites on the internet, and as such it offers a great way to get in touch with like minded people who have similar interests to you.

But while many social networking sites don’t particularly like blatant advertising on their pages, Facebook doesn’t fall into that group. There are ways and means to do most things online, and with Facebook the answer is in attracting the right kind of people to your profile page.

There is one other main feature that makes Facebook well worth looking at for making money though, and that will be revealed if you read the rest of this entry.

If you’re ready to get started making money on Facebook, click here to read about a guy who made $144,823.37 in just 30 Days using nothing but a Free Facebook Account!

Once you have signed up to Facebook your first step should be to think about how you want to present yourself. I say that because you don’t have to be yourself in order to make money from Facebook. Don’t forget that you want to attract the attention of a specific group of people here, so that you become known as someone who is something of an expert on one particular subject. So choose wisely!

Go for a popular niche that you have an interest in yourself, and develop your persona in that area. If you already have something of a web presence in this area then you’ll find it will help you as more and more people become aware of who you are and what you know about.

Your first port of call, if you have anything second hand to sell which is related to your niche, is the Marketplace. It’s free to place ads in the Marketplace and there is no limit on how many you can place, so if for example you come across a bargain lot of books on your subject on eBay or at a yard sale you can list them all individually on Facebook and sell them on for a profit.

If you have a budget to spend on advertising and you have some external websites you want to promote, you can try out the Social Ads to see what benefits you get from them. It is well worth reading through the relevant help section to see what is involved though, as it is quite in depth.

The main benefit to being a member of Facebook is that you can build and use any number of applications to perform certain tasks on your profile page. Facebook doesn’t frown at users making money from their Facebook page, and indeed many people link in to other websites outside of Facebook itself. People are constantly building new applications and many of them are used by many different users to create pages that appeal to their own particular needs.

This is partly why you will succeed in making more money from Facebook if you brand yourself carefully before you get started on the site. Figure out what it is you want to do and what you want to achieve. If you already have a website up and running then you will be able to link into that, so keep the look and feel of your Facebook page in the same vein as your site.

But while you can link to other sites outside of Facebook, some people also sprinkle some affiliate links on their actual Facebook page itself. For example, some quick research revealed one person who links into a range of ClickBank products on their page and does well from doing so.

So long as you start from a strong position with a particular focus and brand in mind, you can do well by experimenting with all the benefits that Facebook offers. Take time to build up a network of friends and make sure you become known for being an expert in your particular sphere of interest.

If you’re ready to get started making money on Facebook, click here to read about a guy who made $144,823.37 in just 30 Days using nothing but a Free Facebook Account!

How To Make Money Selling E-Books

Make no mistake – e-books are big business online. No matter what you search for there will be someone out there selling an e-book on it.

But the best thing about them is that they provide one of the most potentially lucrative businesses you could ever hope to start online. So long as you do your homework and don’t try and cut corners you can start making inroads into this business within days of deciding to get started. There is plenty to learn but none of it is beyond you – and even if you don’t think you’re up to the job there are plenty of people you can call on to help you.

If you’re thinking of selling e-books to make money online, your best bet is to write your own.

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But why do that when there are plenty of affiliate e-books around that you can promote and earn a cut from?

The answer is simple. If you write and create your own e-book no one else will be selling anything quite like it. You’ve got a unique product that will draw attention since no one will have seen it before. As long as you do your research first, you could make a lot of money from one e-book alone.

So first thing’s first – how do you decide what to write an e-book about?

Think about what subjects are currently popular online. Making money will always be a great subject (look at this blog for example!) so anything that taps into this field which doesn’t cover the same ground as loads of other e-books could do well. Try and focus on a specific niche to get the best results; you could start by thinking about what you personally find interesting and see whether any of your hobbies might provide fertile ground to explore.

Once you’ve got some ideas see whether there are already any e-books doing well online on that subject. If there don’t seem to be any around you’ll need to dig a bit further to see if your subject is going to be popular enough to attract a lot of sales. A spot of keyword research and simply looking up related search terms on Google can help reveal the answer to this.

Okay – so let’s assume you now have an idea for an e-book you think will be popular. Next up you have to plan the contents and think of a great title. Titles are very important since they will give the potential buyer an idea of what to expect from the e-book itself. It needs to be specific and intriguing – and full of promise. Don’t worry if one doesn’t occur to you straightaway; quite often you will only think of it once the book is almost written.

The biggest problem when it comes to writing the book itself is staying on topic. It’s very easy to veer off course if you’re not careful, which is why having a pre-written outline to follow will keep you on track. If you plan this out before you begin writing you’ll find the whole process much easier to manage. If you don’t feel confident enough to write it yourself you can hire a ghostwriter to do it for you; there are plenty of sites online where you can hire a freelancer for a fixed fee that you decide on. This gives you complete control over the project.

Incidentally the word ‘e-book’ can be somewhat misleading for newbies to the business. An e-book can indeed be a hundred pages or more long, but it can also be no more than a dozen pages or so. The price for a shorter e-book will of course be lower, but it is still more than you might think given the length of the book itself.

Of course you need to think about more than just the e-book if you want to sell plenty of copies of it. You need to get the word out, and you need to have a great mini website to show it off. These mini websites are really single page sites which promote your e-book in a long sales letter. You would do well to spend as much time writing the sales letter as you did the e-book itself, since it has a very important job to do.

First off you need a stunning headline that will grab the attention. You need to really sell this to everyone who lands on your website so don’t be afraid to shout about the benefits of your e-book! You’ll notice I said benefits there and not features; that’s because the benefits will tell your readers what your book will do for them. That’s a very important point to understand since it could make the difference between getting a reasonable amount of sales and being buried under an avalanche of them!

Think about your price carefully too. Don’t be greedy – but at the same time don’t go too low either. You want to give an impression of quality. Do some research and see what similar titles in your subject area are selling for.

You can also sell more copies by offering bonuses along with the e-book itself. Could you write a number of special reports as well, each one a few pages long, which relate to the subject of your main book? Anything like this will encourage still more people to buy from you rather than going elsewhere for a similar title.

The ultimate goal for you should be to write a series of e-books which each have their own website to sell from. When you write each sales letter be sure to include plenty of keywords and phrases to attract a greater volume of search engine traffic to your site. Pick a good and relevant domain name too – it will help to draw in more people.

The hardest step is in writing that first e-book. Once you’ve got going and you’ve had some experience you’ll start writing them faster, picking better titles and subjects, and selling more copies as a result. Before you know it you’ll have a great business on your hands.

If you’d like to comment on this piece, please leave your message using the form below. Then get writing – your first e-book is there, you just have to get it out.

Make Money Forex Trading – Learn How To Trade Forex

Whether you’re new to trading or you are what’s considered a “seasoned” trader, there is a lot of money to be made trading Forex markets. Although instantly trading with real money is not for beginners or people that have never traded before, you can quickly learn the ropes with a little help and commitment.

What is Forex Trading?

Forex trading is the buying and selling of currencies. In much the same way that you’d buy and sell stocks on the stock market, traders exchange currencies they’ve purchased. If you’ve ever traded on the stock market, you should have no problem getting the hang of trading Forex.

The purpose of Forex trading is to exchange a currency that you’ve purchased for another with the hopes that the price of the newly purchased one will go up in value. Whether you’re new to this or consider yourself an old pro, you’ll find it very exciting and a lot of fun. The value of currencies is always quoted in pairs such as USD/JPY or GBD/USD. The reason for this is because you’re always buying one and selling another.

It is recommended, however, that until you get the hang of what you’re doing you should set up a “demo” account where you may be buying and selling currencies but they’re fake. By doing this, you’re learning how it’s done and giving yourself a chance to learn more about it without losing real money.

Signing up for an Account

Signing up for an account is very easy. You can register for one of the training courses on the Forex web site where you can “pretend” trade in a demo atmosphere or you can participate in their workshops where you’ll have real experts teaching you everything you need to know about Forex trading. You’ll also have webinars at your disposal where you can watch demonstrations of Forex trading, take part in discussions with beginners as well as experts in the field. Signing up for an account is not only fun and exciting by the best way to learn the ropes so you’ll soon be ready to begin making money trading Forex.

Getting started is Easy

You’ll find that it’s easier than you thought to get started. Banks and financial institutions have been doing it for years and now with the internet available to everyone, it’s easy for you to make money at home by trading Forex. Because there are so many different theories behind trading Forex, it’s to your advantage to talk with someone that knows what they’re doing and has participated in Forex trading in the past.

If you don’t know anyone with enough experience to help you, consider signing up for some of the online webinars and Forex workshops. They’re very helpful and will take you through any scenario you can imagine and are available to answer any questions you may have. You can continue to be part of a “demo” trading market until you’re ready to strike out on your own with real money. That’s when you’ll see how much money you can truly make trading Forex.