WebDiggin.com: An Adventure to Make Money Online

I’ve heard about a money-making button that you press and suddenly you’re making big money. The secret is to focus on money-making projects that are scalable. What do I mean by scalable? Well, for example, you can get paid directly for each blog you write with companies like PayPerPost. But the problem is that the cash you can make is limited by how many posts you can write (as well as limitations from their end). I don’t think anyone is making millions from paid blogging. So, today I’m focusing on experiments where I just have to click a button and more money comes in. I know, it sounds unreasonable. But here are the two methods I’m currently focusing on:

1. Search Marketing.
   Find a good affiliate product that has a high conversion rate. (i.e. When people go to the site, they buy the product, and you get a decent commission). Pay for sponsored ads (i.e. Yahoo, Google, Etology) to send traffic to your affiliate product. Watch your margin - as long as the profit per click exceeds your advertising costs per click, you’re making money. Do some performance maintenance, and then increase your advertising campaign budget so that you get more clicks (and more money). In theory, once you have a successful campaign, you should be able to scale your returns up by increasing the volume of traffic.
2. Content Websites.
   I love blogging on this site. But the problem is that until you build a large enough visitor base, you’re not making any money. Sure, focusing on Search Engine Optimization (SEO) to improve your rankings in the natural searchs is effective and the free way to do it, but it’s also time consuming. I’m inspired by an idea that I mentioned in a previous post. Fill a site with quality content and affiliate programs that convert well. Spend money to buy traffic to visit your site. Receive money with commissions through your affiliate programs. Watch your margins to make sure the amount you make with commissions is more than the amount you spend on advertising. Click the money-making button by scaling up the volume of traffic that you’re buying.I’m not sure how effective this method is. After all, it seems like you’re the middle-man: an unnecessary step. I mean, the visitor clicks on your ad, clicks on the affiliate link on your website, and then buys a product. Search Marketing would cut the middle step out and send the traffic to directly to your affiliate product.So why would you mess with content websites? Because of the potential for repeat customers. We’re trying it out with our InkJet Reviews site. Sure, we’re running a similar program using Search Marketing, but we’re also experimenting with a content website to sell various products. There are a couple of benefits with the content website method:
   • You have more text to sell your product (compared to the space you have in a paid ad.)
   • You can promote multiple affiliate products
   • If you have quality information, people will come back. Then you’ve paid once for their initial visit, and any other visit is free.

It’s not easy money. But the potential of scalability is what attracts me. I know it’ll be hard work - the experts who do it make it look so easy. But still, grab your shovels! Join the gold rush! We’ll keep you posted…

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