Making Money Fast in 2008 ~ Make Money Fast - The Million Dollar Experiment Down Under

Thursday, January 03, 2008

Making Money Fast in 2008

Well Happy New Year Everyone!

I myself believe that 2008 is going to be a year where opportunity will favor the brave. The internet has taken on a whole new face in recent months and a new generation of money makers have begun to explore some of the great new opportunities to make money online.

One thing I think we have proven beyond any doubt is that its easy to make a little bit of pocket money online and there are so many ways of doing this that its no wonder there are now over 600 articles on this site along with millions of others on other similar sites spread around the blogosphere.

In 2008 however the real money to be made will stem from those that build their organic traffic to heights that can only be achieved with content that is not only unique but viral.

Areas worth concentrating on...



Passive Income
December for me has been a record month for my AdSense earnings, up slightly on November which was also a record month for me. I am a little surprised as I have probably dedicated less time in December to my online endeavours than any other month in the last year. This particular Blog was one of my biggest earners and I have updated it very few times in the past few weeks. (also my subscribers are higher than ever... very strange)

Passive income can almost be directly related back to traffic levels when programs like AdSense are used. To put it simply the more traffic you get the more you are gonna be earning.

Affiliate Programs
There is money to be made in affiliate programs and it is something that I personally have not delved into to greatly, however I can certainly see opportunities that exist and will be looking to explore some of these in the months ahead.

Site flipping
There is definitely potential in the area of buying and selling websites however an avenue that has a certain amount of risk involved so probably not recommended to beginners in the online money making arena.

There are many things that can go wrong when trying to flip a site for a quick profit, including the likes of PR updates and other events that are out of your control yet will effect the worth of your site.

The dinosaurs



Text Links

Forget them, google are getting to smart for this, your site will be punished eventually no matter how smart you may think you are.

Sponsored Posts

Great if you are looking for a few quick dollars and are happy to kill your site in the process. I have seen a few sites do them very well, however most people tend to end up swamping their sites with posts about photo frames and drug rehab clinics which doesn't really make for great reading. I am guilty of this more so in the past, however made hundreds of dollars in the process so I guess it was a worthwhile exercise.

Stay tuned, we are running a little behind schedule this month but full December summary is coming soon of the Million Dollar Experiment Down Under!

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1 comments:

Zool Blogger said...

Awesome..
Happy new year but your timestamp is too early..
Please check