The Internet and Money

Sunday, June 24, 2007

Review: elance.com

The most difficult part of making money online is the fact that there are too many scams out there. You do a search on the net and you get a bunch of results with 99% of them being something that is going to fool you into joining something that is not going to benefit you. In my search for a legitimate site to find online work I came across Elance.com. The initial interface gave me some confidence about the site. Then I faced problems searching their database on my Internet explorer window, this put me off a little and raised the thought of this being another scam,but for the sake of it i tried the site on Flock. The listings started coming up and unlike other sites these where legitimate listings. The customer care responds to your mails. The listing in different categories are from all over the world. There are many categories available.

They charge you per transaction and there is no registration fees thus giving you a better level of trust. The system relies on a bidding system and the best bid gets the job. The testability of the listing cannot be commented on because one can never know who posts the listing and their credibility, but the site is a genuine Lister of online opportunities.

http://elance.com

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Monday, June 4, 2007

Social Networking,now a money making tool

Are you one of those still stuck on Orkut? Studies with a group of 2000 Orkuters showed that on average, they spent 2 hrs a day on orkut. It also showed that they spent more time trying to find new people. On average, most users visit friends's profiles atleast once in a month. So in our point of view, I would simply say that all these people are wasting serious time and money(Power bill, Internet charges etc). Orkut still being one of the most popular Social networking site, can be taken as a bench mark.

So, with the entry of many new players into this niche market, it seems that plainly offering facilities to share video, photos and offering an array of communication tools are not enough to lure people into the newly opened services. So what are they doing? They are giving out money to use their services. OK, now that would be like yahoo offering to give you money if you receive or send a mail or Google giving you money for searching. OK this is not a new phenomenon when email was still young and new free email firms were coming up everyday, some of them had tried this.

What all are on offer?
mylot.com will give you money for being active on their site. That is, when you post something that gets good response from other users, you get paid. They are not specific about how much. You can get a part of your friend's income by inviting them to join mylot and then encouraging them to be active. The down side of this is that they only have Paypal or eGold payment options.

Desimartini.com OK, the site is not good to look at and has only standard social networking features and most features are copied from other places. Very little serious work has gone into it but, never the less they have an option to let you place your AdSense code on thier pages. The simplicity of this deal is what makes it attractive. One thing that you might need to be careful about is that your friends (who would be visiting pages belonging to you the most) are going to see these ads the most and cant say whether Google might think the clicks on your ads are fraudulent. They have very efficient methods to find this. So be careful about this.

Yaari.com was offering an ipod for the 50 most popular users. The offer has expired but might just come back because they are still lacking a huge user base that any social networking site needs.

bharatstudent.com belonging to Axil group (which is behind the" call any phone free" Globe7 site) is offering to give money to campus reps and ambassadors for their site. Their campus reporter offer seems more real. It offers 2 $ for 1000 views of a video that you upload, simple as that. They have not specified how they are going to pay you. Mostly moneybookers and paypal should be available because those are the methods Axil usually supports.

Another method that has existed for a long time is using AdSense or the like on your profile on services like myspace etc. But the problem with this is again fraudulent click detection and ethics of making your profile a billboard.

Now these are not the only ones available. A search on Google gets you lots of returns and most probably the other new entrants might come up with such schemes soon.

So, is it actually time to leave Orkut ?

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Friday, May 25, 2007

Reviewing sites on your Blog for money.

Personally I don't like this nor did i write this article for money. I feel that its not right to review something for money,I would say i have a Google attitude towards this. I will display their ad on my site or blog if they want but, I wont change my opinion. Well there are a few sites that has an option where you can write a positive review or a negative review but, if they accept your review, they will pay. I don't know whether they will accept a negative review that is, whether they will just reject it but, another way of thinking is even negative media attention is good.

Now what this is all about.
It goes like this you have a popular blog/site, usually a Page rank 2 plus, you could sing up with review brokers and then get an offer to write a review about any thing from cars to what not on your blog. The payment you can get for this depends usually on the product and your sites or blogs popularity. On a more popular blog you will get a bigger offer. Most review brokers will let you decide the offer value.

How it is done.
First and for most you need a popular blog. The second part is, registering with a few review brokers.In my opinion don't limit your self to one broker. Read the TOS to make sure that all the brokers that you join allow you to sing up with other brokers. Now the next step would be to make a page profile for the blogs or sites that you are willing to write on. Then either you could browse through a list of different offers on table or you could wait for a good offer to be sent to you. This depends on the broker. Once you get an offer, you will have to collect information about the thing to be reviewed. This could be sing up for their services or going to the nearest dealer depending on the product you have to review. Collect as much original details as possible. Then you could try and read other reviews in the market. Use your common sense to find reviews that might be paid to write , then see for how long they have got prominence that could get you an idea whether it was accepted or not. Usually the acceptance process takes a weeks time at the most. Use commonsense to determine whether a site that you are looking at is trying to make reviews, you could search for it on the review brokers site. Thus get as much close to writing a review that could be accepted as possible. Now once submitted if your review is accepted you will get the offer amount debited to your account.

This is not one of the easiest methods to make money online yet this is one that does work. If you don't want to depend on the review brokers you could always try to get the work your self. The best methods to do this would be to have a blog that is location specific and then try to review products available to that location. Offline product can be easily got in such a scenario. Some products you could try are local restaurants, pubs, shops, fairs, exhibitions etc. Online also you could try writing to websites offering to review them but the review brokers gives you better protection that is, you can be sure to receive your payment etc, this also has its risks though.

Now, about the brokers, there are many around. I don't want to specify any. A Google search will get you that information...

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Sunday, May 20, 2007

How to make money out of wrongly spelt AdWords and AdSense

AdSense became a popular Internet Marketing platform through its two-pronged model of selling keyword based ads and paying outside websites (known as publishers) to host them. Since publishers have found out this is a proven way to generate income, many sites have been developed solely for the purpose of hosting AdSense ,Yahoo Publisher network ads or other such ad forms. Publishers have discovered that by paying to drive traffic to the site, often through AdWords and AdSense accounts of their own, they can turn a profit when visitors click on the hosted advertisements.

Currently,the number of sites that are made solely for the purpose of showing ads are increasing.These pages have no basic content and their sole purpose is to generate clicks by disguised ads.This has increased to a a lot with the coming of many new text based ad systems which are a lot more liberal in policies than Google AdSense or Yahoo. Their basic method involves choosing keywords on AdWords or other such services which are low on the auction; that is, they sell low on auctions. These include local language words or wrong spelling etc...

They use their design in such a way as to make unsuspecting users to click on the ads from the same networks displayed on their site. These ads will be of higher value they make sure of this by using the right spellings. right digging. Tumbling etc thus the site gains the amount. The difference between what they paid for getting traffic and what they get from CPC is their profit.

Other methods involve luring traffic from image video etc that have porn content into a page on a given domain and displaying adds from a different domain that is the same page will have content from two domains. How this helps is that one of the domains will have bogus content ,that is of acceptable nature and a frame from this domain will be used on another domain to show ads thus keeping the account alive which otherwise would have been banned by AdSense or the like.

Now the part that is interesting to us would be that now this is coming to the notice of Google Yahoo etc. They will soon be implementing some methods to prevent this like comparison of AdWords used to market a site and the words appearing on it. Monitoring pages for having frames that contains calls to another page that is showing AdSense.

So beware of the risk of being banned or getting litigation's against you for manipulating their systems.

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Saturday, May 19, 2007

Taking online survey's....

I personally have tried these the most and guess what?Haven't made any thing from these. To tell you the truth,I have had the worst of experience with these. The main mistake that i did was to sing up for offers that came to me through mailing groups. The ideal way of getting in to one of these would be to search in Google because of their advanced algorithms.I have noticed that the result that come on top are usually either the best or the worst but, the best part of the deal is, if you just go down a few results,you will be able to find out whether it is the best or the worst because,usually those results will be reviews or news about the same. So use Google to find such offers. NEVER sing up for the one you get through mail, you could search in Google about an offer you get through mail.

The worst experience was when i singed up for one of these and they sent me Trojans through mail disguised as a survey tool.So my sincere advice would be, never to install any software these websites sent or as i had done in my case, use a reputed antivirus to scan the same before you install some thing like that.

Now,do Paid Surveys exist?Yes,they do and they are one of the oldest of offers on the net but, the main problem with them is that there are too many frauds in the market. Another important thing about surveys is that most such companies are taking surveys from American users and European users and so users from other countries stand very little chance of getting any. This brings me to the point that you never start making money as soon as you register with such services because,you don't get surveys immediately.So when do you get them? You get surveys when the site gets requests from companies that would match your credentials. That is,a company would want to conduct a survey among College going undergrads from New York and if you are one,you will be lucky enough to get a request in your mail to participate in the survey...

The good thing or the important thing is that In India and China a boom of consumerism and Internet expansion is happening simultaneously and a lot of surveys have started (All unpaid mostly ) but soon they will have to move to the paid versions because of the competition between the survey companies. One thing to note is that surveys are conducted not by the original company but by second parties who can decide to pay or not and such companies are increasing in both China and India. So in a short while we can expect such services in India and China. So i would suggest every one to keep on the look out for these.
Search around , read .....I don't know what all you could do, but find one of them when its still young. If your lucky enough to be part of the initial group of survey takers, hope fully you could make some money out of it but don't expect to make a lot.

Now when you fill up the forms for such service's remember to be as honest as possible. As that could give you the best results in the long run. This is because of the fact that most survey companies have expected guide figures for different groups so it might work out to be negative if you gave twisted details in the hope of getting more surveys.

I personally do look around some times to find such offers. Usually on Google products. So Best of luck as its all about luck in this one.

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Friday, May 18, 2007

Reading emails and money............

So do companies actually pay for reading mails ? There are companies which used to do so and still do but the number of people who actually get to make anything from this is limited not because all of these sites are trying to fool people, but, more because of the fact that there is not enough work for all the people who apply. So, simply put,the chance of making money from such schemes are low but, if you get on the wagon early enough, you might get more priority early enough and get into a good deal. Most importantly, to know if you will make money from one of these schemes, you will have to try it your self. Most importantly, do not pay anything to any site that promises that you will earn it back by reading mails because, you will most probably get no mails to read from them. Be wise in selecting which all sites you are going to try read all the materials that they have, so that, you have an Idea about what they are offering. Then, get on search engine and find article about the site in question. Blogs would be the best place to find experiences of others with the same site. Now ask friends , talk to them about their experience with the same. After doing all these,decide if you wanna waste time on this or not. My advice on these types of plans is that " i have tried and never got a penny yet but, friends have told me they have been successful, try it but don't expect much", may be when you are bored...

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Thursday, May 17, 2007

Can your page make money as if it were a robot ?

On a web page you make money with advertisements.First of all, PPC ,ads like those provided by AdSense or YPN ,work well only if you have got an established and content-rich website. AdSense ads are targeted ads, which means they fit to the site's content. Therefore it's likely they will meet the visitors' interests. This usually leads to a high click through ratio on AdSense ads compared to the CTR of normal non-targeted banner ads. But the most important thing is the site's content, if you use softwares to post random articles or posts on your blog it can work but remember, Google or Yahoo is not just indexing your page ,it is indexing other pages too and no one clearly knows the algorithms they use, apart from the knowledge that they are really good. So this could even result in your account getting banned but if you fine tune the systems in such ways that the content is not just pulled of, it might work .I haven't tried and would waste my time trying, as i think it would be a lot wiser to create your own content whenever possible...

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Be part of the company.

I have seen a recent influx of, grow the company and keep the company type, get rich systems(Algoco like).
Will it work? Yes, it would, for the initial group that is,may be the first 1000 people or 2000 people. That too only if the company actually works out to make money. Remember all the people who joined after this group will be below this group and thus the major share of the company will stay in this group's hand. Am not saying that these are scams but, being the millionth member is not the Bright Idea now in this type of get rich, as i was saying in the previous post the guy trying to get Rich's work would be to research,read or don't know how find such groups in the starting stages because, if you are in the first percentage of members,you will stand to gain because, even if the system doesn't work the company has a huge groups of people as members and this by itself is a valuable asset and may be some other company would take over or something and,you being a major share holder,will make money(May be enough to get you rich ) .The two factors that make this a not so possible get rich route is that one, it will be really a hard work to find such formations in the start; two, you need to count on your luck a lot. This can work but see things only as a lottery ticket or a gamble and not as your source of sustainable income. Never ever loose your job for this unless you are the one starting it yourself...

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Does advertising on one's site work ?

What do i mean by making money on the Internet?

I simply mean the get rich quick ones am not saying that good websites,blogs etc, with good content does not make money they do make money. So that explains why i have advertisement's on my page am not trying to get rich quick. I don't expect much returns from it either. Now AdSense , ad volcano ,Cpx advertising, yahoo advertising and all are genuine advertisement providers that is they provide advertisement to people like you and me and share the income that is generated thus. Each have their own methods of going about the deal but that is the basic idea.
Now when can we say people abuse this proper act of displaying other peoples content ones site, simple when they abuse the system. Why would some on want to be on your site ? only when they believe to benefit from it, its plain business. So why would you expect any company to pay for you clicking on your own site or your Friends clicking on ads which they are in no way interested ? Would you pay a plumber who comes to you home and stands there talking on his cellphone all day? like that they ( the advertisers) are paying you to do a job.

So is it possible to make money from advertising on your space ? yes it is but only when your are really into what your doing and not doing it for the money it brings. That brings me to sincerity to work , a website owners work is his site or a blogger work is his blog.
Let me explain what am trying to convey before starting this blog i spent a decent amount of time talking to my friends , family, neighbors etc. I also spent time trying to figure out the legitimacy of many of the get rich quickies. Now the most important thing is that it should not be all about making money from your site blog etc. Spent time trying to make it as help full to the targeted audience as possible display ads to your hearts content but, let it have content too keep it updated always. Is there a formula to a site ,blog forum or anything that will work ? no there is absolutely no such formula like that. I cant tell you how to make your blog work (i mean both making people like it and it bringing returns) nor can anyone. That is simply because there are no hard and fast rules about it. Always remember that even if it doesn't bring money it should bring satisfaction that you have got your word across that is most important and also try to learn as much as possible when your doing something so that if it fails it will benefit you may be later on in life. Now i close this post by saying it is possible to earn from advertising on any legitimate site or blog.

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