Sunday, January 18, 2009

Make Money Online - Favourite Method for Generating Online Income

By Danny Smartling

For obvious reasons many online marketers keep their most successful methods for making money online to themselves. Although I'm also guilty of this to a certain extent I also get great satisfaction from helping others to succeed. So I'm now going to reveal one of the best methods that I know of for generating income online.

The great thing about this method is its simplicity. In fact you will smile when you see just how easy it is. Nevertheless the best methods are often the simplest and the results that you will get if you follow this method are quite phenominal.

The key to this method is that you don't need to spend hours and hours coming up with new concepts and ideas. In fact it revolves around duplicating the successful methods developed by others. I don't of course mean copying content or breach of copyright. I mean duplicating strategies.

Right! Let's go. A lot of marketers spend time setting up successful sites. However, once they're done and are bringing in good income they are willing to sell on these sites to others in return for money. One of the best sites to find sites like this for sale is a website called sitepoint. On here you will find sites ranging in price quite significantly which is all of course based on their existing revenue and potential. Scroll through the sites on offer and locate one with a good return that's not too technically challenging.

Look at the site and establish what niche it's in, what the monthly income is and the methods used to monetise the site (i.e. adsense, affiliate offers and so on and so forth). Establish how many pages the site contains, what the monthly traffic is and review the methods that the site owner used to promote their site. Consider whether this is a site that you have the knowledge to recreate (disclaimer: by recreate I don't mean copy, I mean create a similar, unique and independent website). If the answer to this is no then repeat and find another site.

The next thing that you need to do is find out some additional information about the site using other external sources. Use a fantastic site called Yahoo Site Explorer to find out how many links the site has pointing to it from other websites. Also establish where these links are coming from to reveal the methods that the existing owner has used to generate backlinks to their site. Using another site called compete.com check out what keywords are driving the majority of traffic to the site.

This is all you need to do. Think about what information you now have. It''s pure gold dust. You have found a topic to focus on that can be monetised. You know from reviewing the existing site what methods have been used to generate the majority of the site's income. You also know the exact strategies to use to generate good seach engine rankings to achieve the necessary volumes of traffic. Create a similar site, copy these methods and you will soon be achieving similar levels of income. If you want to earn $2000 a month then find a site on sitepoint that's already bringing in $2000 a month. Want to earn $10 000 a month? OK. Find a site on sitepoint that's already earning this and follow the methods highlighted above.

It is still possible to make money online if you know how. And by using these methods it really is possible to create a full time income using the net. Honestly. - 15478

About the Author: