Net-based income generation is a real possibility and there are literally hundreds of thousands who today live off the net. I am one of them, and let me tell you how you can go about setting up one more more sites that will help you to do the same.
While many kinds of sites can bring income, not all of them are suitable for everyone. I have identified four main types of websites and I introduce the strengths and weaknesses of each.
1. Sales Portal: A sales portal or a web-shop is basically an electronic shop. This is definitely an attractive income-plan, and there are any number of user-friendly software or net companies that will help help a person to set up a basic net-based shop quickly.
The ease of setting up net-shops without having to invest a penny from your pocket on the inventory is the greatest attraction of Sales Portals. The returns can be good after you establish you reputation. However, Once set up, you will have spend one to six months promoting your website in search engines and directories before you begin to get an income. This is because you need to compete with numerous other establishments who are doing the same. While advertisement-income comes to you as soon as someone clicks on them, the income from a sales-site is realized only after an actual sale is made. While the former is fast, the latter give higher income.
2. Content Portal: setting up a website or more on specific topic, such as tourism, music, medical facts, or any specific topic, and then populating it with Google ad words is another method. In addition to Google you can use many other advertisement services. The site can start giving income in less than 3 months.
Revenue from ad-clicks is the main source of income on content portals. Google spiders your site continually to match the advertisement with the content on a page, and also the country from which a person is browsing the website. Thus there is high probability of clicks on google ads on such sites. What is more, other advertisement providers are also evolving methods to offer the best possible ads so as to increase the ad-click revenue.
The advantage of a content-portal is that you can expect ad-clicks as soon people start visiting your site. You need not be an established writer or shop to earn money. While content-portals bring money fast, the net income will always be less than that of the sales-portal after it gets established.
3. Advise Portal: if you are good at any subject where people seek advise such as medicine, health, career, website optimization, or anything that interests people, you can set up an advise portal, populate it with advertisements and generate an income.
People always keep looking for advise on numerous subjects ranging from pet-care up to University admission. Thus an advise portal can quickly attract readers if you know your subject and if you write regularly on it. What is more, advertisement revenue begins to collect from the very first day.
The main hurdle is in deciding what subject to give advise in. Often you might be good in field, but might erroneously think you are good in another. A bit of self-examination, asking others, etc. would help.
4. Review Portal: setting up a website where you review a product, such as freeware, commercial software, cars, electronic cameras, musical instruments etc, and populating it with advertisements is a good method of income. Since the website has a focused theme, it helps the advertiser to offer focused advertisement, which increases your revenue generation possibilities.
Revenue from ad-clicks is the main source of income on a review portals. Google spiders your site continually to match the advertisement with the content on a page, and also the country from which a person is browsing the website. Thus there is high probability of clicks on google ads on such sites. What is more, other advertisement providers are also evolving methods to offer the best possible ads so as to increase the ad-click revenue.
The advantage of a review-portal is that you can expect ad-clicks as soon people start visiting your site. You need not be an established writer or shop to earn money. While content-portals bring money fast, the net income will always be less than that of the sales-portal after it gets established. On the other hand, writing reviews is a specialized job and you need to have some knowhow of the product-range (books, bicycles, motorbikes, software, consumer products, electronic cameras) before you can write in an authentic manner.
In summary, those websites that give income fast would also give only a lower return compared to those that take longer to give return. Thus it is up to you to choose what you are going to do. Do it thoughtfully.
