There are two basic types of online income from websites - I call these 'passive' and 'active'. Passive is when you lay the foundations once and wait for the revenue to drip-feed into your account. Active is when you respond to a specific request in order to create revenue.
Passive earnings are the ideal type of earnings as this enables you to earn whilst you are away from your computer (or even asleep).
Passive Earnings Include:
Adsense Contextual adverts from Google - there are other contextual advert schemes around, but as ever, Google are at the forefront with their 'Adsense' operations. Adsense is the scheme that generates adverts for all types of websites, and you can take advantage of this revenue stream if you have a qualifying website. I will expand on Adsense in a later post.Affiliates - Whilst contextual adverts are to a greater or lesser degree controlled by the advert generator (such as Adsense), affiliates are chosen by you as advertising that (ideally) fits in with the theme or content of your website. For instance a travel website or blog may run affiliate adverts for airport car-parking schemes.
In both of the above cases, you would normally be expecting to be paid when a visitor clicks on an advert, or more likely in the case of affiliates, when a purchase has completed as a result of a click on an advert. Also in most cases, revenue builds slowly over time and can only be collected when a payout threshold is reached.
Active Earnings Include:
Direct selling to the public - where you are offering a product or service directly to the public, usually coupled with online payment systems such as Paypal.'Pay to Blog' or paid advertisement schemes where you are requested by a third party to place specific text and or links on a website or blog in return for a fixed fee. This was very popular when I began blogging some years ago, but because of google penalties has become less popular now although it can still generate some income, and if done on a large enough scale could still provide regular income if you have the time to complete the posts.
Other schemes such as paid to read emails, paid surveys etc.. these I have looked at but do not regard as 'time well spent' in terms of revenue that can be generated compared to time spent completing tasks. Nevertheless if you were going to try full-time earning from online revenue streams, then you should have as many 'strings' to your revenue 'bow' as possible.
I will be fleshing out the details of some of the ways I earn money and ways that I know other people use to earn money, in future posts.
