Saturday, April 25, 2009
MMO: Does Recession Effect Making Money Online
The easy answer is yes, our current recession affects everything with money involved, except the money you make on iMobsters haha. BUT not necessarily in a negative way. It all depends on how you make your money online. MMO beginners or not it's all about tactic. Some mmo entrepreneurs actually have seen an increase in online profits due to the recession while others have gone out of biz.
In a recession people become instantly start thinking in different terms about money, its value changes. People are looking for products with quality or added value of some sort. They are also looking for the best deal and where better to get it than online?
Capitalizing on the current psychology of the nation and offering reasonable prices can boost your sales online. Aside from selling products online, there are the mmo bloggers who make money from ads, affiliate programs, and my fav-adsense.
Affiliate programs are not performing as well during the recession as its counterparts are like adsense which doesn't require anyone to buy anything-huge money advantage during the recession. This is not to say that all affiliate programs are suffering there are those who are thriving but only for the few at the top of the SERPs.
Thursday, April 9, 2009
MMO: Best Way for Me to Make Money Online?
How can a beginner make money online? There are as well known, many ways to make money online... the question really is what is the best way for me to make money online. Like many others if you're starting from this point, you've got to sift through a certain amount of bull sh** to get any real answers.
I recommend that you begin asking yourself a few questions like the following:
- How much effort am I willing to put into making money online?
- Do I have a product to sell?
- Do I want to sell anything?
- Can I write anything interesting or informative on a weekly basis?
- How much time do I have to attempt MMO?
- Do I want fame or money?
- Am I really creative enough to blog for money?
And so on.................
As I've said often before social bloggers aren't making any money online, so you should avoid this if you want to make money. But go for it if all you're seeking is fame.
Maybe you've got an awesome product that you've developed and no way to market it. The best way for you to make money in this scenario is to develope a website designed to sell your product for you. And you should also start an affiliate program to boost your sales. Which leads to my next point.....
So you don't have a product and you're not interested in selling anything, too much hassle. The best way for you to make money is by becoming an affiliate of great products online that people want. Go and get a free blogger blog or another of your choosing and slap a few affiliate ads on there after you've tweaked your site with some SEO techniques and have a steady stream of visitors.
An even easier way to make money for beginners (my chosen method) is to simply use adsense on your blog. Unlike affiliate mmo, your visitors don't have to buy anything for you to make money-all they have to do is click your adsense ads and you get paid per click. Pretty simple. This has been the best way for me to make money online as it doesn't require me to do anything other than stay on topic in my posts and write an article every now and then. Great idea for those who want to make money without investing a lot of time.
The best way for you to make money online is totally subjective to your personal goals and aspirations. One should take the time to plan and assess personal goals, preferred methods and time constraints in order to chose the best avenue for making money online.