Create Something of Value to Make Money

October 5, 2009

Making money onlineMany people are being lured to the world of Internet marketing as our new age unfolds before us. People are now becoming multidimensional and looking for multiple streams of income, once only touted by those late-night infomercial gurus. But is there room for everybody in the Internet world? Will this process of jumping on the Internet bandwagon lead to oversaturation and the headlong rush into something else? Of course this is highly unlikely if not impossible as we see the growth of the Internet and the explosion of social media platforms, only seeking to solidify the online experience for thousands of people, who are discovering the phenomenon on a daily basis.

The question still remains in many minds however – how is it possible to make money through Internet marketing? The short answer is that you should select a product or service as something of a compromise, bearing in mind that you should ideally be passionate about what you do but also be fully aware that there is a market out there to enable you to sell whatever that product or service should be.

Experts, such as Matt Cutts of Google, advocate that you should always be passionate about your Internet endeavors. This will enable you to keep at it, maintaining enthusiasm for those daily blog posts or those regular site updates, the creative content provision necessary to ensure that your presence is relevant and welcomed. It is reasonably argued that without an element of passion for your work, you may not be able to maintain it over the long term or worse still, the lack of passion will come across in your creativity.

Coupled with this passion for what you do, the Internet entrepreneur must ensure that there is an adequate market for his or her wares. It is true to say that we are all passionate about something and most of us have more than just a passing interest in many different spheres. Does this translate into a good business plan? This is where adequate research comes in prior to launching a project and the selection of expertly targeted keywords to ensure that your research provides you with information which is totally relevant to your concept. If you can see that large numbers of people are often searching for information on your subject and that the market is not overly saturated by other individuals or companies, then you are off to the races.

There are many ways of earning money online, through e-commerce, affiliate marketing, service provision, various advertising platforms. Whichever approach you choose, create value or you’ll never earn the income you desire. For instance, it is no good creating a website around a keyword with the sole intention of driving people immediately away from that website to a revenue earning alternate. This approach is sometimes known as "made for Adsense," as these webpages are composed of nothing but adverts provided by the Google advertising company. There’s nothing of value on the pages and the visitor has little choice but to click one of the ads to move forward. When the click is made, the site owner earns a commission.

There is no longevity in "made for Adsense" sites and they are not recommended. Whatever your niche, make sure that you create your own value. As long as you have something different to say you have a good chance and will, over time, build your presence, creating your role as niche expert and making long-term money through having supplied something of value.

Have you found your niche?

Matthew Toren

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Adam Toren is a serial entrepreneur, mentor, investor and co-founder of YoungEntrepreneur.com. He is co-author, with his brother Matthew, of Kidpreneurs and Small Business, BIG Vision: Lessons on How to Dominate Your Market from Self-Made Entrepreneurs Who Did it Right (Wiley). He's based in Phoenix, Ariz.
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