Multiple income streams are key
Posted on: August 18th, 2007People often ask me what my biggest money makers online are (at the time of writing - it’s topbux a PTC (paid to click) site). The key to making a large amount of money online isn’t having one dominant program though - it’s all about diversifying.
I was talking to a buddy of mine last week and he was devastated because a program he was making upwards of $500 a month in went tits up and his biggest income stream was gone. I asked him what his next biggest stream was - $50 a month he replied.
It’s craziness to put all of your eggs in one basket like that - not only is it crazy but it’s also extremely inefficient. A lot of the people in his downline were friends he had referred from real life or that he knew well online. Finding people you know who are interested and willing in making money online is a gold mine - once you get them onto a good program they are hooked. If they were interested in program A and they made money through it (they obviously did make money, or else he wouldn’t be pulling $500 a month from it) then they would be interested in programs B-Z too.
After a bit of chatter he asked me what program he should get his contacts into next. My advice to him is as follows - find 10-15 programs that you like and can reach the payout level fairly quickly (within two months) then build a simple landing page* for each program then let your friends and family about each and everyone. Apologize for the other program going tits up and explain that it’s part of making money online and that this time they won’t be stuck in the same trap because they will have several programs on the go at once.
*When I say simple - I mean simple. Include a few screen shots and an easy to follow explanation of how it works and more importantly what you get paid for. Don’t highlight text, make it a different color or any of that other crap. Marketing to your friends and family is a lot different from strangers.
I’ll keep you updated with how my friend goes, I’d be surprised if he isn’t making $500+ by the end of next month.
Want to support this blog? What better way than to buy the author a beer! Mhmm, beer. ($3 for a pot, $5 for a pint and $10 for a pitcher/jug)Wednesday review
Posted on: August 8th, 2007As promised, I’ll be writing a short review of blog’s in the money making/traffic generating/SEO/blogging field. Each Wednesday (or thereabouts) I’ll put up a new review. If you want to be reviewed, just contact me and we will work something out. Without further-ado I present:
Make Money With Kassper - Kassper is fairly new to the blogging sphere, but he has already shown to his readers that he knows his stuff. SEO (search engine optimization) is definitely not my strong suit - but Kassper’s SEO series breaks it down and makes it easy to implement. I have a few gripes with Kassper - he doesn’t post content often enough and there is a lack of unique ways to make money online. After saying that - the rest of his content more than makes up for these deficiencies.
On a side note, because I wrote this review I’ll now get over 50 backlinks from Kassper. That can’t hurt my SEO.
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Want to support this blog? What better way than to buy the author a beer! Mhmm, beer. ($3 for a pot, $5 for a pint and $10 for a pitcher/jug)Cashcrate.com - A review
Posted on: August 8th, 2007CashCrate is one of the leading PTS (paid to sign up)/PTT (paid to try). Unlike most in this industry, these guys have spent some time making the site look clean and user friendly. Two thumbs up for making an effort.
CashCrate takes it one step further than good layout, they make it easy to see what offers are available to you. For example, I live in Australia so very few offers are available, usually PTS (paid to sign up) sites have a disclaimer above each offer saying “This offer is only available to US and Canadian residents”. This is fine, but when there are literally thousands of offers it’s a pain in the neck to sort through them all. CashCrate only shows offers which are available to your geographical region.
If you don’t live in the US or Canada you aren’t going to be rolling in the money from CashCrate. But they have a generous referral program that pays 20% for first level referrals and 10% for second level . This also scales up - so the more referrals you have the larger cut you get. Here is the break down:
Bronze - 0 Active Referrals - 20% First Level, 10% Second Level
Silver - 50 Active Referrals - 25% First Level, 10% Second Level
Gold - 150 Active Referrals - 25% First Level, 15% Second Level
Platinum - 300 Active Referrals - 30% First Level, 15% Second Level
Elite - 500 Active Referrals - 30% First Level, 20% Second Level
These active referrals must be from the U.S and they don’t post the activity requirements.
I know what you’re asking yourself. “That’s nice and all, but how much can I expect to make?”
As per usual that depends on how much time you are willing to put in and more importantly if you have a credit card. All the deals which need a credit card pay significantly more ($15+). Most of my US friends with credit cards have reported making an easy $100+ in their first month then it slowing down to $10 or so per month. But it really depends on how active you and your referrals are. More importantly, it matters how active you are in getting referrals.
Even if you don’t have a credit card, you can still make some serious coin by completing surveys and trial offers which don’t require a CC. If you aren’t already part of the PTS (paid to sign up)/PTT (paid to try) community, then CashCrate is the place to start.
Want to support this blog? What better way than to buy the author a beer! Mhmm, beer. ($3 for a pot, $5 for a pint and $10 for a pitcher/jug)Firefox + Google toolbar = AutoFill Madness.
Posted on: August 4th, 2007If you don’t already have Firefox, then you’re going to be thankful that you read this post. If you do, you’re still going to be thankful.
When you start you’re money making quest, the first thing you’re going to notice is that you have to fill in forms. Lots of forms. This isn’t very fun what so ever, in-fact it’s the thing I hate most. I used to have notepad open with all my regular information: e-mail address, first + last name, contact phone # and address. This saved quite a bit of time, but it was still rather annoying copying and pasting.
The other day I was playing around with some of Google’s referral products and decided to install the Google tool bar for Firefox.
I didn’t take much notice of the toolbar at first. It’s mostly junk, or stuff Firefox already includes like a spell checker. Then I was filling out a form and I hovered over one of the boxes and it said something along the lines of “Google’s AutoFill feature can fill this form out for you”. I clicked the AutoFill button and I had to fill out the standard things, but then I had to do was click it again and it AutoFilled it for me. Now whenever I am presented with a form - I click that magical button and bingo bango, it’s done for me.
And if you don’t already having Firefox - well you are missing out on a world of fun. From tabbed browsing to plug in madness.
Disclaimer, if you do download Firefox and the Google tool bar with the link above then I get paid $1. Although I am actually in love with the AutoFill feature and the affiliate system had nothing to do with me promoting it. If you don’t fall in love with AutoFill, contact me and I’ll donate your $1 to charity, along with a $1 of my own!
Want to support this blog? What better way than to buy the author a beer! Mhmm, beer. ($3 for a pot, $5 for a pint and $10 for a pitcher/jug)A review (and guide) of subvert and profit.
Posted on: August 4th, 2007Before reading this guide, it’s important you understand how both stumbleupon and digg work. A thorough explanation of digg can be found here, stumbleupon is fairly self explanation download the tool bar here and have a play.
works on the premise that driving traffic through social networks (currently digg and stumbleupon) is a more cost effective (and some say efficient) than traditional online and off line advertising.
Simply submitting a site to one of these social networks will drive virtually no traffic to the site at all, to get any significant amount your story or article needs to be ‘dugg’ to the digg front page or ‘thumbsed up’ in the stumbleupon tool bar.
Digg is a short burst of traffic, usually in the realm of 20,000+ visitors and stumbleupon is fairly consistent traffic and can see similar visitor numbers over periods of months.
Getting ‘diggs’ and ‘thumbs up’ can be a very difficult task, especially when you consider you need 100+ diggs to see any substantial traffic. That’s where subvert and profit comes into play, advertisers pay them and their army of diggers and stumblers to get their stories/articles/press releases to the top of the pile.
Subvert and profit compensates their workers, with points. Just kidding with you, they pay you cold hard cash money. (Well, as cold as electronic paypal money can get). You get paid per ‘list’ of stories you digg or stumble, each list you complete is worth $0.5 (that’s fifty cents). This isn’t going to pay your mortgage payments for you and you’re definitely not going to retire at 35 by doing this. But multiple income streams are the key to building up a decent monthly online income.
They have a decent amount of ‘lists’ to complete (usually 1-2 per day), but you have to be fairly quick before the other users get to them first. Your best bet is to use a valid e-mail address, as they e-mail you when lists are available to complete.
The vitals:
Program name: Subvert and profit
They pay you: $0.5 (or fifty cents) per ‘list’ (a list is a set of 4-5 stories which you must digg or thumb up)
Referrals: 1 level, 20% for diggers/stumblers 10% for advertisers
Payout level: $10, through paypal only
Payment received: No, yet to reach payout level.
Subvert and profit is one of my favorite online money making programs that I’ve tried so far. In less than a week I’ve nearly reached the $10 payout level without any referrals. I am sure once I start pushing this program via IM programs I’ll be able to get a constant payout of $10+ per week.
If you haven’t already, go and join subvert and profit now!
*Disclaimer - It’s against the rules of both stumbleupon and digg to ‘game’ their services. Your account is at risk of being banned if you participate in subvert and profit (although they claim to have complex algorithms to prevent this). It’s up to you to decide whether you think this program is ethical or not. Personally I believe that it is, if the stories which are gamed are of poor quality then regular users will down vote them and traffic will be virtually zero. Feel free to discuss this aspect in the comments.
#1 Pre-post update - Somebody who is smarter than me should design something which will SMS you when lists are available. That way I won’t have to check the site or my e-mail. I know I’d be willing to throw a couple of dollars in donations your way - as would a lot of other subvertors.
#2 Pre-post update - It takes awhile for your accounts to be ‘verified’, they make you digg or stumble a story to verify your account details if it’s taking you awhile. Just use the contact form to let them know and it’ll be done within the day.
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