Make The Money Blog

(A 5 part series on making money online)

If you missed it, click here to read part 1
Part 2 will discuss choosing a CPC ratio for your niche.

CPC ratio

The CPC (cost per click) ratio should be high enough to support your efforts. That is, the amount of money an advertiser is willing to pay you for each customer click. You can use a formula to determine a good CPC ratio to use. This is based on the visitors to your site and the retention of those visitors to click. In most cases you can expect a minimum 4% click thru rate.

To determine a good CPC for you, take the number of visitors to your site and multiply by .04, then multiply that number by the CPC offered by the advertiser (in the case of Google Adsense, divide this by 3). The result is an expected amount you would receive per day from those clicks.

For example, If you were to receive 100 visitors a day to your site, you would expect 4 of them to click. If your keyword is paying $6, then you would multiply the 4 clicks by $6 for $24 and then divide by 3 for a final income of $8 per day.

The amount of money you make per day is directly related to the traffic you generate and the CPC rate. The formula above merely illustrates a possibility of how much you should make if your site is optimized and receives targeted visitors.

As a side note: Targeted Visitors are extremely important to your success. If you use every method in the world to get traffic, be assured, the only people who will click are the ones that arrived at your site that is INTERESTED in your niche. For example, if your site is about dogs, don’t expect that someone looking for beauty supplies is interested in clicking your dog related ads.

For this reason, when you are choosing a niche, be mindful of the fact that you want to focus everything on THAT niche, including your traffic. Focus only on targeted traffic, and do not waste your efforts on getting thousands of unrelated, disinterested visitors.

Do you need help in getting started in your own business online? The best way to make money is to properly follow the advice of professionals in the Internet Marketing field to make money from your online business. You can read reviews of the top 3 Internet marketing business models here.

Subscribe Now so you do not miss any of these important tips to make money! Click the RSS feed or email icon to your right, under the Keep up to date.

This concludes part 2, stay tuned for Part 3 (Competition)…

(A 5 part series on making money online)

There are many different methods to finding a good niche to make money online; however, most of these techniques require you to purchase some software. In this article, I am going to show you how to locate a lucrative niche without spending money on additional software.

Free software is usually one of the best way to make money, although it helps sometimes to spend a little on building your business. Although free methods are good for beginners, you definitely need to spend money on the ‘How To’ in building your site and generating traffic.

There are five criteria for finding a good niche to make money online:

1. Interest
2. CPC ratio
3. Competition
4. Advertisers
5. Searches

—————–

Interest

You must have a genuine or active interest in the particular niche you are choosing to make money. The base reason for this is, if you have little interest, you will soon abandon your plans before you begin to make money. Consequently, the additional research that is required to continue in your making money venture will eventually cause you to lose interest as that novelty wears off.

Just because a niche is extremely popular, does not necessarily mean you will be able to make money from it. As the internet is a vast resource of information, you will find yourself stuck in the ‘fad’ mode if you just keep chasing the latest or the trendiest of topics.

Try to resolve yourself to choosing something that is not subject to the hottest trend or the flavor of the month, and consider building a home based business that will earn cash for many months and even years. The secret to success in an Internet Business is a long-term website with a steady flow of traffic.

So, choose a niche that you will have a long-term interest in doing, not just because you can make money at it. If you lose interest in the subject, you have accomplished nothing more than wasted time and effort. The best way to make money is to properly follow the advice of professionals in the Internet Marketing field to make money from your online business. You can read reviews of the top 3 Internet marketing business models here.

Subscribe Now so you do not miss any of these important tips to make money! Click the RSS feed or email icon to your right, under the Keep up to date.
Go to Part 2…