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Three Simple Steps To Making Money Online

Written by George Manty  · February 22, 2007

Last May I wrote a post called the Key to Making Money Online. After writing it I realized there was an important factor missing from my equation – effective monetization. Given that missing ingredient, here are the three simple steps you need to take to make money online.

1. Produce Quality Content
If your site has good conent people will like it. Whether it be video games, educational materials, product reviews, news, etc. Producing quality conent is the first step to making money online.

2. Get Quality Links
If your site has good content, that is a great start. However, you must get visitors to your site. You have to let your target audience know about it and get quality links to your site. There are many ways to get links to a site. Having a site that is worth linking to (step 1) really makes this process easier.

3. Monetize It
It goes without saying that you have to monetize your site to make money online. There are many ways to monetize a site, ie. Affiliate Marketing, pay-per-click advertising, selling your own products or services, text link ads, etc. This is the missing step from my original formula. I guess I overlooked it, because back then I took it for granted. Now, I see that you should never take monetization for granted, because you can almost always find a way to make more money with your current traffic. I will discuss monetization methods more in the future.

So here is my original formula:

GOOD CONTENT+GOOD LINKS = TRAFFIC

TRAFFIC = MONEY

GOOD CONTENT+GOOD LINKS = MONEY

Here is the new formula:

GOOD CONTENT+GOOD LINKS + EFFECTIVE MONETIZATION = MONEY

It’s really quite simple when you think about it.


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Comments

One Response to “Three Simple Steps To Making Money Online”

  1. Chaya Jennifer on April 19th, 2008 9:10 am

    Nice tips, but not elaborated, specially 2nd point….Get quality links

    thanks
    jennie





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