Reader Advice: 3 Reminders for Building and Growing Online Income
JMMO reader Eddy Salomon says:
“Here are few that have helped me quit my full time corporate career this past November and work at home full time as an Internet marketer.
1. Diversify your sources of income. There was a time I just depended all on AdSense and ignored everything else. When I saw Google was acting a bit inconsistent with the funds, I went back to fundamentals. I added different type of lead based affiliate programs to my site.
Results: The lead based programs I started promoting combined make me more than Google per month. And I’m still collecting checks with Google. Diversify!
2. Lather, rinse and repeat! I started tracking everything much closer to see what things were working well on my sites and which weren’t. If something worked really well on my homepage (which was always the testing ground because of the concentration of traffic), I then repeated it on my secondary pages. Rinse and Repeat. This can be done over and over again. I’ve increased my income nearly every month doing this process without necessarily getting any new traffic.
3. Don’t get complacent. A few years back, I thought I was the man because I was earning thousands of dollars per month with Google. But then, they started paying me less and I was stuck for a while. I had gotten complacent. I didn’t have the same hunger, so I had stopped looking for other opts (opportunities?) that would’ve made me money. But as I stated above, I corrected that and added to my revenue stream. And even though I’m doing really well now, I’ve got a mindset of someone that is struggling and poor. So, I’m always looking at my site and trying to figure out how I can squeeze more money out of it.
Those 3 things have helped me quit a full time job of close to 90k to run my websites full time.”
— in response to Your Advice to Someone Who is Trying to Make Money Online;
slightly edited from original post for readability
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NOTE:
It’s always great whenever I find interesting comments from readers and visitors to this blog. And sometimes, I wish to refer to those tips and ideas. So, I decided to feature some of the best ones that I found here on Just Make Money Online.
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POSTED IN: General: Making Money Stuff
5 opinions for Reader Advice: 3 Reminders for Building and Growing Online Income
Eddy Salomon
Feb 23, 2008 at 1:09 am
Hi Shai,
Wow, I feel honored. lol Thanks for posting my comments in your new feature. I love the idea of posting the best comments by the way! Would you mind if I tried it on my own blogs? I think it’s great in terms of producing content but more importantly to encourage people to write thoughtful comments instead of “I agree with what you said.” lol
In any event, I hope everyone finds the above advice useful. It’s definitely been the key to my continued success. Sometimes I’m guilty of forgetting some of the principles listed above because of other distractions. But then I kick myself in the butt and apply the steps again. In fact I was doing it now until I saw this post. lol
Well back to squeezing more money out of my existing traffic.
Wishing continued success to everyone!
Eddy
WorkAtHomeNoScams.com
WorkAtHomeCareers.com
InternetMarketingSmarts.com
Stacy
Feb 23, 2008 at 9:44 am
Those are some very good tips. I found that I was getting into a routine of sorts and hadn’t tried anything new to promote my website for months. I started setting a few hours a week aside where I can research and implement new marketing techniques. This not only has gotten me more traffic, but also gets me excited to try some new things!
Shai Coggins
Feb 23, 2008 at 7:05 pm
Eddy: Thank you for leaving such thoughtful comments. Really appreciate. I’m glad you like the new feature. I just thought it’s a good opportunity to highlight good comments from folks who’re doing the deed, walking the walk, etc. It’s always great! And yes, feel free to use a similar idea. I’m pretty sure I’m not the only doing this. :-) Looking forward to learning more from folks like you!
Stacy: Glad you found the advice useful. Eddy will be pleased! It is easy to fall in to a routine and not explore new avenues of income. But, yes, I agree with Eddy’s tips here about trying new and different things to diversify and increase online income. :-)
Eddy Salomon
Feb 24, 2008 at 12:20 am
Thanks Shai! I appreciate that.
Eddy
WorkAtHomeNoScams.com
WorkAtHomeCareers.com
InternetMarketingSmarts.com
Missy
Feb 24, 2008 at 2:31 am
I have several blogs, and have started the monetization process. As far as really studying the various options.
I’m currently giving Adsense a go, along with aff mktg, and direct private ads. The biggest challenge for me currently is finding relevant advertisers that match my blog and its content.
I believe in diversifying income sources, and testing. I’m finding out that blog monetization is alot of work, and alot of trial and error.
When i hit my sweet spot, i will share my tricks and tips.
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