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Sunday 14 December 2008

Good Advice on How to Increase Your Income Online By Elridge Jones

Okay, you've got a website and you want to make money online. Now what? You need advice on how to increase your income online and some strategies that will take you where you want to go. First let look at some things you can do to make income.

Here are some successful strategies that are frequently used to generate income:

1. Books and eBooks. Ebooks are an often used method of creating income. Creating an ebook of your own to sell to others or selling eBooks related to your website's theme are both possible. Often people will sign up to your opt in list to get an eBook they desire creating you a ready made market for product sales.

2. AdSense and ad income. Perfecting this method requires getting traffic to the pages where the ads are displayed. AdSense is one possibility but there are dozens of ways to let paid ads increase your income online including selling ads on your own.

3. Affiliate income. This is where you act as an affiliate for a company looking to sell a product to your website visitors. I create a page to introduce a product that my site visitors might be interested in. Often, smart marketers use a lead capture page to capture leads and redirect to the affiliate page to be able to email follow up offers to these prospects.

4. Product commissions and sales. If you are creative enough to make your own product, you can solicit your own affiliate work force to sell it. You can also produce desirable content on your site and charge membership fees on one or several levels for your members.

Having seen some strategies for increasing your income online, let us look at the most important component of income, website traffic. The best looking website with graphics is of no value unless you can get visitors to look at it. Traffic can be derived from several sources and the best time to design where your traffic will come from is when you first design your site. I personally swear by article marketing as it delivers a highly targeted audience but it takes time and patience to work. Informative articles are great and often lead to sign ups on your opt in lists. Here are some other methods for getting traffic that are commonly used:

1. Search engine traffic. This can be the natural organic traffic that comes from searches or it can be PPC traffic. If you have an affinity for doing keyword research or are willing to pay someone to do it for you, this method can deliver a good deal of traffic.

2. Video and media type campaigns. YouTube comes to mind when I think of this method and it is fast becoming the way a lot of people get traffic. Audio files on a website work great as well and if what you produce becomes popular with the niche you are trying to attract, it can be quite effective.

3. Social community marketing. Personal blogs and forums can be thought of as falling into this category and it lends itself to various methods of attracting prospects. Signature links leading to your site are the most commonly used method although depending on the site, you can change your profile to use tools such as lead capture, video and viral marketing to increase exposure.

4. List builders. These are a different breed of safe list type marketing where you pay for access to a well established data base of prospects. The best ones often have the higher conversion rates so ask around.

This leads us right back to list building and lead generation. No matter what methods you employ to increase income, you should be prepared to maintain the visitors that opt in to your lists. These are the heart of your income production and are the chief asset of your website. Never rent or sell your lists! Not only do you lose credibility by doing this but you will suffer in terms of getting new subscribers and lose current subscribers who will opt out on you when word gets out.

So to recap, to increase income you must plot out what methods and strategies you will employ and then execute them. Plan traffic into the equation and you'll have a winning game plan.

Get free tips on internet marketing, informative articles, and advice on how to increase your income online by visiting my website ElridgeJones.com.

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