Thursday, 11 December 2008

Which Niches Make the Most Money

If you want to build a blog you are going to need a topic to write about!

Obviously you need to be interested in your topic or else you will soon get bored of writing it. We have already discussed that the key to making money online is generating traffic to your site or blog and the key to driving traffic is content. The content you write and the frequency you update that content is crucial to the future success of your blog, therefore you need to have an interest in the topic that you are going to write about.

I'm sure that it will come as no surprise to you that Making Money Online tops the list of profitable niches.

So which Niches do make the most money? Find out below:
  1. Making Money Online.
  2. Weight Loss.
  3. Quit Smoking.
  4. Credit and Credit Repair.
  5. Weight Gain and Muscle Building.
  6. Running a Home Business.
  7. Training Pets.
  8. Learning Techniques such as Memory and Speed Reading.
  9. Learning a Language.
  10. Relationships and Divorce.
  11. Gaming such as Runscape or Warcraft.

I found this list on a blog called More Money Blog and felt that I had to share the information; it's such an important piece of information to help give an understanding of the niches that provide the most significant income to the wannabe blogger.

It is also worth noting that all of the above list provide products or information that help to solve a problem. The exception is gaming of course which is a form of entertainment.

The main issue will be that the more successful the niche the more competitive it will be, thus rendering it harder to conquer.

I am pretty sure that in order to make a significant amount of money from blogging (especially via adsense) you will need to have a number of blogs in various niches. Personally I would build one or two blogs initially, then once you can update them simply (preferably once a day) and have carried out all of the relevant SEO work required start another one. Keep doing this writing articles that will be interesting for time to come until you have a large base of blogs for readers to visit.

Wednesday, 10 December 2008

Google Adsense - Introduction

Whilst many of you will know all about Google Adsense there may be a number who don't. This brief introduction to the programme is dedicated to those who do not have a clear understanding of the programme and wish familiarise themselves with it.

As the title suggests, Adsense is an advertisement application run by Google (there are a number of other less popular advertisement applications out there run by other companies such as Yahoo but we will deal with them another time).

Website owners or bloggers who wish to enrol in the Adsense programme can display text, image and video advertisements on their sites. The adverts are administered by Google and generate income, usually on a per click basis (this is commonly known as Pay Per Click or PPC).

Adsense is a great starting point for bloggers using the free blogging platform blogger (as I am) due to the simplicity involved in uploading Adsense to the blog. This is mainly due to the fact that Google also owns Blogger.

Although this is only a brief overview of Adsense as a whole, the purpose is to simply offer readers a brief introduction to the programme. You can read all the Adsense related articles on this site by click the link below:

Tuesday, 2 December 2008

Ei42 Shop Update

Here is some more Information about the Ei42 Shop.

For anyone that is interested Ei42 stands for: E is for Everything I is for Internet and 42 is the supposed answer to Life, The Universe and Everything else.

Click here to build your Ei42 shop, receive cashback on online purchases and start building your online network to start earning some serious cash.

Watch and listen to the vision of Ei42's Managing Director below:

The basic description of the Ei42 business model is that:

Ei42 is a business opportunity that gives you the chance to earn commissions as an affiliate and earn money by introducing others from your ‘social network’. You also receive money back on your own purchases.

You tell your friends and colleagues about this free affiliate shopping site and hopefully they will sign up and tell their friends about it. Any purchases they make that qualify for affiliate commission you get a 10% cut. Then if your friend invites someone else, you get 4% of their purchases and so on. This continues for 7 affiliate tiers (which will involve a considerable number of affiliates).

You can see my store here: Drews Bargain Shop

Read my previous article's about Ei42 shops.

To Donate or not to Donate

In the beginning I thought offering visitors the option to Donate was a bit cheeky!

However, after reading an article by Steve Pavilina, I am starting to come round to the idea being a valid option to make money online. I have therefore decided to put a Donate button and page on this website.

In his article Steve Pavilina informs us that Donation's are in fact his second biggest earner behind Google Adsense (his site currently brings in $1000 per day, a very impressive sum!).

In fact his top six income streams are:
  1. Donations.
  2. Text Link Ads.
  3. Chitika Mini Malls.
  4. Affiliate Marketing Programmes like an Ei42 Shop.
  5. Individual Advertising.

To date I have only begun to use Google Adsense, Donations and Affiliate Programmes in my quest to develop money making strategies.

It's great to imagine a blog or site bringing in $1000 per day but it is also impossible to achieve without large volumes of traffic passing through. I have started to document my ways to generate traffic and will see how many visitors the methods described bring to this blog.

Anyway back to Donations!

The article continued, stating that an average donation is around $10, but that Steve has also received a number of $100 donations too. It is very simple to add a donate button via your PayPal account. Simply sign into or create your account, merchant services, click donations in the useful link section and follow the instructions.

By providing your visitors with a donate button you are offering them a means of voluntary contributions, should they wish to support your site/content. It is definitely a win-win situation as it doesn't cost you anything to set up and therefore qualifies as a genuine possible way to make money online via a blog.

Donations will give you a sense of pride in your Blog as it will give you an indication of the value readers put on your site. After all if they are willing to give money for something that could be free to them, then surely that has to be one of the highest complements.

Donate to Blog Addick

If you find the information on this site helpful and you would like to make a donation to the Blog Addick cause, then please click the Donate option which can be found on the left hand side of this blog (below the suscribe button). The amount you donate is entirely up to you.

Why donate? We here at Blog Addick want to spend our time directly helping people by creating new blog posts and articles to aid our visitors with their mission to make money online. If you want to support Blog Addick in the quest to discover and inform our readers of ways to make money online, please make a contribution. Any amount is appreciated.

To make a donation via PayPal please click the donate button which can be found on the left hand side below the suscribe button.

Thank you for all of your support!

Friday, 28 November 2008

Easy ways to Make Money Online with an ei42 shop

An ei42 shop could be a great little money spinner! The only problem is that it is currently only available in the UK.

I personally came across the site whilst reading Mikes Money Making Mission Blog (he has just begun a test to see if owning a shop does to prove to be a good source of making money online).

The Great thing is that setting up a shop is Easy and Free meaning that it is Risk Free!

What is ei42?

Essentially ei42 is all about shopping.

There are 1,507 retailers to choose from and not just any old shops. These are the UK's biggest brands including the likes of Debenhams, New Look, HMV, Tesco, Amazon, CDWow, ebay,, Boots, Waterstones, Currys, Marks and Spencer, the list just goes on and on.

Basically any shop that you would visit whilst shopping especially leading up to Christmas.

Once you sign up you get your free shop, which is created with ease via their basic template. You can choose the colour. Here is my shop to view: Drews Bargain Shop

Getting Paid.

You get money back through commission earned, these are:
  1. Personal Commission; Purchases made on your own shop (you will of course need to market your own shop to get people buying). You will also receive commission on your own purchases giving you discounted shopping.
  2. Team Commission; You earn a percentage of sales from sales generated by people you introduce. The commission earned is on 7 tiers of introductions which could lead to a large network (this is of course a form of MLM or Multi Level Marketing).

When you share Ei42 with your friends/readers of your site you automatically qualify to earn a percentage of the commissions generated from sales made by your whole team up to and including seven levels (which is a lot of people).

Some other benefits of an ei42 shop include:

  • With other loyalty schemes your earnings are limited by the amount you personally spend but with Ei42 those limits don't exist because your team of friends is getting bigger every day.
  • Every time you refer a friend to Ei42 you grow your business because every new friend adds a new shop to the Ei42 shopping network. More shops equals more sales and more profits that you can share in.

Commissions rates offered by each vendor vary but the Affiliate control panel is very clear and concise.

I will of course update how the shop has been working for me and if it is a viable form of earning money online. I will also inform via Blog Addick if there are any major issues with the site.

At the very least it will be a discounted form of buying products online from the top stores.

Tuesday, 25 November 2008

Affiliate Marketing - Introduction

Affiliate marketing is an internet based form of marketing where the seller of a product (be it an individual or a business) rewards it's affiliates (which can be numerous in number) for each new customer or visitor that is a direct result of the affiliates marketing efforts.

The growing trend of affiliate marketing has evolved as a direct result of the internet and therefore lends itself perfectly to websites and blogs alike.

Affiliate marketing has become an industry in it's own right with many individuals earning significant income as a direct result. Many of the top bloggers on the internet state that the income received from affiliate marketing is in fact their top earner.

Internet marketing is of the utmost importance to companies trying to make a name for themselves and their products. Affiliate marketing is the perfect tool to get a brand out there, which has led to a great number of companies and individuals getting involved, including affiliate networks, affiliate management companies, affiliate mangers (within companies), specialised third party vendors as well as many other types of affiliates/publishers who try and sell the various products available.

Web 2.0, including blogging and online communities has led to a rise in quality of the affiliate products that are available to promote, this is a direct consequence of the fact that a poor quality product can be exposed across the entire web in double quick time.

In this day and age affiliate marketing is rightly seen as a crucial part of product/service promotion. The other advantages of an affiliate programme is that it doesn't cost much to implement and will generate a consistent source of online profit. On the other hand it is also a great tool for affiliates as it is a way of generating an income using someone elses product.

It is usually accepted that Affiliate programmes will fall into two basic categories, these are:

1. Pay Per Performance.
2. Pay Per Click.

Pay Per Performance or PPP
Is the most commonly used form of affiliate marketing by individuals and companies trying to promote their products or services. The company/individual only has to pay the for an affiliate referral when it leads to a direct sale. Look out for multi-level or tier affiliate programmes, they will reward you for other affiliates that you sign up, meaning that you get commission for your direct referrals as well as that of your sub-affiliates.

Pay Per Click or PPC
PPC affiliate programmes are by far the most common place and are very simple for an affiliate to implement. Google adsense and Blogger are a perfect example (adsense is ready made to be added to your blog via your blogs layout). You get paid a small amount for every click on an advert that is featured on your site. Remember once someone clicks an advert on your site, they are gone!
How you implement affiliate programmes into your blog is entirely up to you. From what I have read and can ascertain from the top bloggers out there, they all seem to say that there main source of income is via the sales of product and not through adsense. Personally I have started with adsense before moving on to the product side of affiliate marketing. Find out more about adsense by clicking on the adsense page link.

Affiliate Programmes
You can sign up and promote various affiliate products via PayDotCom or Click Bank. They are by far the most popular site to promote affiliate programmes, are well established and therefore a reliable source.