In today's world, there is no such thing as a stable and secured career. If your company is not doing well in this recessionary environment, employers may choose to reduce its labour cost and retrench some of its staff.
But we as people in the society still have bills to pay, we cannot afford losing a job, income must still flow into our bank account on a monthly basis.
This is why we must try to achieve a few income streams, so in the event that we lost our job (I hope not), at least our secondary incomes are still flowing in.
One of the way to earn secondary income is through blogging.
How to do it:
1. Set up a few websites from free provider at blogger.com
Some people may prefer to buy a domain and pay for a server maintenance because it has a nicer website address but this incur costs.
I prefer to use a free provider because whatever that I earn from online is net profit for me. Cost of my blogging is zero.
2. Setup account at Adsense
Adsense is a pay-per-click advertising system from Google. By setting up adsense into your blog, you can earn revenue when your readers click on the ads from Adsense.
3. Tie up with a company to do marketing for them
Many people has this misunderstanding that if they setup a website, they must create their own things to sell. This is absolutely not true, you can do marketing for other companies. Whenever your readers open account OR purchase items from your website, you will earn some commission. In short this is call affiliate marketing.
Currently I am doing affiliate marketing for a European trading company call ForexYard. Commission for 1 standard account opened is US$250, commission for 1 mini account opened is US$100. You can tie up with ForexYard by register yourself here:
FOREXYARD Forex Affiliate Program - Earn unlimited commissions promoting Online Currency trading
4. Install Google Analytics in your website
This allows you to track a few information that will be useful to you:
a. Where do your readers come from?
b. What is the referring websites?
c. Which contents are being actively being read?
d. What are the keywords that leads the readers to your website?
e. How many readers go to your website each day?
f. How much time do your readers spend reading your website?
5. Create traffic in your website
After setting up your own website, adsense account and affiliate account, you need to start creating traffic in your website. Meaning you need a lot of people to go into your website, then there is a higher chance that they will click on adsense ads and open account.
You need to write contents that will interest people to come to your website. And the content of your website must be updated regularly so your readers will go your website again and again.
1st year of blogging can be very disappointing for your online revenue as few people know about your website. Usually after the 1st year, your website will be more popular, more people will be aware of your website presence and revenue will increase.
Who knows? Your online revenue may eventually be greater than your full time job salary.
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