5 TRUTHS ABOUT MAKING MONEY ONLINE

5 TRUTHS ABOUT MAKING MONEY ONLINE

Part One

As a webmaster and a programmer, I often meet many people ask me “How a website does makes money for the owner”. I often, first, laugh then easily tell them making money online is not as they think that once a website is live it will start making money. The owner must plan how he intends to make money from the website if he really wants to make money from the site.

The following points help:

Truth #1

1      YOU DON’T MAKE MONEY BY JUST HAVING A WEBSITE ALONE

One sure thing is that you always pay either per month or per annum for hosting your website. So you see the sure the is, as long as your website is live, you spend whether you plan or not. However, to make money from it you must plan on how to make money from it. You must offer service on your website worth paying for and you get users pay for the service. There are many ways to make money online, whether through a website you own or not. Follow my subsequent post as I will be gathering my years of experience in this internet world and share with you the useful things you need to make money online.

Truth #2

2.      YOU DON’T GENERATE MONEY FOR THE SITE OWNER BY JUST VIEWING THE SITE ALONE

Now here is another misconception some people have about using a website. I have overheard people say, “Hey, I won’t spend my time browsing, viewing the photos on Facebook just to generate money for [FACEBOOK OWNER -
Mark Zuckerberg]”. No site owner gets a dime for visitors browsing their site alone. Site owners may get money when you click on an affiliate link on their website or when you click on ad etc. Yes the more users a website get online per-time, called traffic, the more it attracts companies interest to advertise with it.

Truth #3

3.      YOUR PRODUCT OR SERVICE MUST BE NEEDED

Don’t think that the moment you just post your product or services online you will have customers who are interested in buying what you have. Yes, your viewers might love what services you render on your website but what will make the user pay for any of the services is if he or she really needs that particular service you are offering him or her. No one pays for something he does not really have need for except he is not sure of what he needs. So, you really want to make money online try to offer quality products or services that meet the needs of those that visit your website per time.

Truth #4

4.      BE READY TO PAY FOR SALES YOU MAKE

While most internet users who sell online will tell you that you don’t have to pay to sell online, that is not true. Whether you are selling on a commercial e-commerce website or on your personal e-commerce website or even any website, the website often need to have payment gateways integrated into it for payment via cards or online transfer to be possible. Most (In fact all) payment gateways are not free, you pay for some services in some ways. As I have seen, all payment gate ways charge for their total services they render you to help get payment transactions done. Some are high while some are low charges. However, one sure thing is that you must pay for the services provided to you for payment capability by the payment gateway service providers. If you are a seller on an e-commerce website like Konga, Aliexpress, Jumia etc. then you also pay for these services to the owner of the e-commerce website who in turns pay the payment gateway service providers

To be continued…

Truth #5

5.      TRAFFIC IS MONEY

In the early part of this article we could see that no website makes money by just simply being live. Yes, that still holds but you also have to know that apart from you selling online you can also make your website generate money for you. Did you just ask how? If you just did that then you are not actually far from getting the answer here. Though I may not give you a comprehensive guide on how to make your website generate money for you, however, I will be pointing out some things to you which you shall find useful for making your site generate money for you. Whether you own a website or you are hosting your articles on a free website of a blogging forum the same things hold when it comes to generating traffic.

By the way what is traffic? You don’t have to look it up in your dictionary. Traffic on the internet simply refers to the number of users on a particular website concurrently. Hope that was simple enough for you to get the meaning of the term internet traffic. You can see it as the number of visitors to a website per time. That said, now the question of how do one generates money from traffic is still yet unanswered.

The truth is that the traffic does not automatically generate money to the website owner but it does when the website contains interesting ads that users will be attracted to click. Has that answered your question? If not, then read on else you can leave this article but before you leave you also need to know that you can turn your website to be an advertisement service provider. Yes that is another way of making your site generate money for you.

How Traffic Brings Money:

This is how it works, when other new – unpopular website are launched, especially those that are into real business and want their business to get expanded, they will want to advertise their website so that their target market scattered over the internet can get to know their site and do business with them. But such companies will have to look for a site that has very high traffic – and more helpful – sites that do have traffic involving users who are interested in their kind of business. If they find any, they pay a negotiated fee with the website owner and they place their advert on the fly which will be visible to other users as soon as the visit they visit the site.

This is not the same with ads which has different types such as Pay per Click (PPC) etc. Pay per Click is not negotiable as the pay per click is a pre-fixed amount determined by the owner of the ad appearing on your website. You can go online to know which ad program is more rewarding in the world wide internet. Need mention of affiliate marketing. This is another important aspect of making money online by promoting a particular company brand.

Hey, I have said so much where I do not intend to say what I have just said. This was not meant to be a guide on how to make money online. However, it has really touch the fact and revealed the truth to make you discard every wrong conception you were holding about whether every website make money by virtue of being a live website.

Now, we have come this far, can we make summary of all the fact we have read from all the series of this article which has been split into four parts. The first three part touches the five (5) TRUTHS ABOUT MAKING MONEY ONLINE. While this last part being the fourth part and still being the part of this article. Here is the summary of points presented:

1.      YOU DON’T MAKE MONEY BY JUST HAVING A WEBSITE ALONE – hope you can still remember that “to make money from it you must plan on how to make money from it”

2.      YOU DON’T GENERATE MONEY FOR THE SITE OWNER BY JUST VIEWING THE SITE ALONE

3.      YOUR PRODUCT OR SERVICE MUST BE NEEDED

4.      BE READY TO PAY FOR SALES YOU MAKE

5.      TRAFFIC IS MONEY.


If you can remember what it point above means read the part one through part three to get full understanding.

Honestly, there are other things you should also know about the concept of how websites generate money to the web owners. Feel free to comment and share your views on this by using the comment box provided below.