In thinking about my efforts to start earning online, it ocurred to me that it might be beneficial to post a bit more detail about what I'm doing - and what I consider to be the best resources - to generate passive and residual income:
WebAnswers
Simply put, WebAnswers is a site where you earn income by asking and answering questions. I give WebAnswers high marks not just because it's where my first residual income was earned, but mostly because of how fast it happened. I joined and was somewhat disinterested in the site initially, but despite my own disinterest I was making money within a week! Since then, I have made money with them practically every day! (I think there have only been two days when I didn't make anything, and I believe they were both on the weekend, when there's less traffic.) That's why I think WebAnswers should be everyone's first port of call in the world of residual and passive income.
InfoBarrel
InfoBarrel is a site that has 75% revenue-sharing (and this can go higher under certain circumstances) forwriting articles. I like the fact that you can earn income from several sources - e.g., AdSense, Amazon and Chitika - and you can write about any subject that interest you. Plus, there's no limit to the number of articles you can submit in a day (or ever). After WebAnswers, I think article-writing should be the next step for almost everybody looking to earn residual income online.
Bluehost.com
Bluehost is a top-ranked web-hosting company. I use them for my own web sites, and I highly recommend them. For $6.96 per month you get unlimited domains and unlimited space (which is great for someone like me, since I've got several ideas for niche sites that I want to take a swing at). Of course you may be thinking, "Why pay for hosting when there are scores of places that will let me build web sites for free?" That is certainly true, but of course a free website might come with restrictions and other unfavorable terms and conditions. For instance, some free sites won't allow you to display ads. Good luck monetizing that one... The long and short of it is that web hosting is actually pretty cheap, and for the freedom it gives you in terms of developing your niche (and monetizing it) it may be well worth the price. Plus, as the old saying goes, there's no such thing as a free lunch.
Hubpages.com
Hubpages allows you to build web pages called "hubs". You are able to monetize your hubs (60% revenue-sharing) in several ways, including Amazon affiliate links and AdSense. Since it's free to sign up, you've got nothing to lose and can build as many hubs as you like.
Squidoo
This is essentially just like Hubpages, except the web pages you create are referred to as "lenses". There's 50% revenue-sharing in various ways (including AdSense and Amazon affiliate links).
Seekyt.com
Like InfoBarrel, this is an article site with 70% revenue sharing.
Shetoldme.com
This is a social bookmarking site with 100% revenue-sharing. (Tough to beat that!)
Bukisa.com
This is another great article site with 60% revenue-sharing.
Infopirate.org
This social bookmarking site has 80% revenue-sharing.
Socialadr
Simply put, this is a fantastic site site for obtaining lots of free backlinks. (There's a paid option as well - to get even more backlinks - but it's not required.)
Instant Article Wizard
This is fantastic article-writing software that not only does online research, but will having you cranking out articles exponentially faster than you did before. There's nothing better for overcoming writer's block, and you will even be able to write articles on subjects you know nothing about.
The Best Spinner
Article-spinning software that will allow you to create tons of original and unique content from each article you write.
Unique Article Wizard
Another outstanding piece of software that will allow you to post to hundreds of blogs and article directories automatically. Critical for anyone serious about marketing their articles.
Market Samurai
Phenomenal software that let's you perform in-depth keyword research and analysis. Saves you time, money and effort by identifying the high-profit niches that you should focus on.
***For anyone considering (or currently doing) article writing, I strongly recommend that you take a look at Instant Article Wizard, The Best Spinner, Market Samurai and Unique Article Wizard. I believe they are absolutely essential if you want to achieve quick and lasting success. Using just The Best Spinner and Unique Article Wizard, I was able to propel my niche site to the first page of Google in less than a month!!! Since then I've remained on the first page (and have even touched #1 a few times). I firmly believe that these are items you must have in your virtual toolbox.
Niche siteI have one niche site up at the moment, but it's generating income on almost a daily basis, so I'm pleased.
Amazon.com
It's great being partnered with one of the world's largest retailers.
Books (self-published)
I've got two books published at the moment, but I'm really doing much promotion (and probably would not have even mentioned them were it not for the fact that I had a sale).
You can find out more about how my residual income efforts are working out by visiting the Passive Pursuit of Income Blog.
No comments:
Post a Comment