Fundamentals of Making Money Online

@rg0205 (2636)
Hong Kong
March 15, 2010 12:52am CST
I thought to make a quick post here on mylot. I've been busy with a lot of things (as usual) but so far, things are looking good. I've been testing a lot of stuff with internet marketing. Much of what I do these days involves affiliate marketing. So, today, I thought to share a few pointers on making money online. Yes, it's quite difficult to make sustainable income online because you need a system that works for you. Whatever system that would be would entirely depend on your niche selection and whatever best suits your skills, abilities and time. Anyway, regardless of whatever system you're using, the fundamentals would always remain the same. Namely, they are: 1) You need a product to promote 2) You need to know where to promote it 3) You need to track your sales, conversions and leads to determine profitability of the ad campaign/ promotion method you have used to generate sales or leads In a nutshell, you would have to: 1) Research your selected/ preferred product 2) You need to find a targeted place on the web to maximize traffic and exposure 3) You need to monitor your advertising and marketing efforts While a lot of things on the internet are constantly changing, these points I've listed would most likely stand the test of time. The key point is not re-inventing the wheel. It's actually making the wheel spin for you. Go with the fundamentals. Learn them well and work out something that best suits your needs. All materials that you will find online are suggestions, just as this one is, because again, you do what best suits you and your niche. A simple example of the fundamentals that I've listed would be: 1) You decide to promote your survey/ ptc referral link 2) You decide to promote it on other similar networks with banner ads/ ad purchases 3) You check your number of signs up with the number of clicks and impressions made. You also check whether your refs are active. As you can see, same formula applies. The idea is simple but it's the actual process that requires a lot more study. I just thought I'd throw this in here for a quick read. Oh, and before I forget, with anything you do, you must have persistence, drive and the right mindset to succeed. Happy mylotting, everyone.
1 person likes this
5 responses
• United States
15 Mar 10
I have been earning online for many years. And what I have tried to stress in my discussions and responses here at MyLot, is that ANYONE can earn online if they do their research - are dedicated - and stay focused. If someone follows these principles they will do fine. The area that I see many people make mistakes is....jumping on every new program or expecting to get rich or successful overnight. Sorry, but that isn't how it works. It has taken me a long time to get to where I am at...it won't happen overnight...but it WILL happen.
@rg0205 (2636)
• Hong Kong
20 Mar 10
I love how concise you put it. True, anyone can make money online if they do their research and initially I actually was one of those who kept jumping from different programs to see what works. Right now, I am using a combination of different things and they are working well for me. At least I dont rely on one strategy/ business model. All the best and thanks for the comment
• United States
20 Mar 10
I think it is very important to use many different online earning methods. Thank you for best response
@wishgale (57)
• China
15 Mar 10
Thanks for all what your said. It is very useful since I am going to learn something like nichi. Do you hear any real successful stories arround you or yourself? Happy lotting:)
@rg0205 (2636)
• Hong Kong
20 Mar 10
Most welcome. There are many successful stories if you know how to search for them.
• United States
15 Mar 10
that is a pretty good way of earning money. i make money playing an mmorpg game. it is called secondlife. i think you will have alot of fun playing mmorpg games and making money for it. it is a legit game. there are many people from all around the world that play this game. best of luck with earning.
• United Arab Emirates
21 Mar 10
Rg0205 thanks for sharing this tips it helps alot
@tomitomi (5429)
• Singapore
21 Mar 10
hello rg0205. great tips!!! thank you so much for sharing.