How to Make Money Online in 2009

By: Michael Dunlop     Topics: Blog,Blogging

Our economy is a mess but that isn’t news to anyone.  Especially to those who have lost their jobs or businesses because of it. Even those that have been lucky enough to keep their jobs are concerned about how much longer that is going to last.

You can choose to wallow in it and continue to ponder the future that seems to be bleaker than usual or you could rise to the occasion and look for the unconventional – the internet.

Life is all about choices and what you choose shape your destiny so to speak.

In today’s recessionary economy, it has becoming the newest national past time to find ways to make money online.

People are being bombarded on a daily basis with online money making opportunities.  They are everywhere out there but going through them and deciphering which one is best for you and your particular skills can be overwhelming.

There are plenty of money making opportunities online and blogging is – and has always been – the primary choice of  wanna-be entrepreneurs. After all, it’s the easiest vehicle to make money online with little or no capital investment.

In fact, it’s the perfect platform to make money and bring foods to the table. It’s no surprise that people of all ages, the young, the retirees, stay-at-home mums all flock into the blogging bandwagon.

but that’s only the one part of the story

Money Making Opportunities in 2009

Thing is blogging for money can be extremely confusing  There are so many different ways it can be done.  And before you can even get started, you have to know what blogging is, how and where to do it.

Once you have educated yourself on blogging and know that a blog is a weblog or online journal. There are a variety of places like Blogger.com and WordPress.com   where you can start a blog for free and you are on your way.

The next obstacle that you have to hurdle is deciding what to write about.  The “niche” that you choose can either make or break your blog.

If you choose a niche that only you and a small number of people are interested in it will be very difficult for you to make any money at it.  Likewise, the more interest that you can generate in your topic, the more likely you are to be able to generate profits from it.
It’s worth keeping in mind that you want to pick a topic that is not only interesting to a majority of people but is also unique enough that everyone in the world isn’t already doing it.

Most importantly, choose a niche that you are passionate in and knowledgeable about. It’s the prerequisite to any successful blog. It’s the key ingredient of keeping you longer in the business.

How Do You Make Money Online with Your Blog?

When all is done, the question is how do you make money from your blog?

Here’s the truth and the truth is usually bitter to swallow.

There is no shortcut to making money online from a blog. Simply put, you can’t make money right out of the gate.

I’m sure by now you know that if you are going to talk about how cute your cat is or what your boyfriend or spouse got you for Christmas, you might as well get a job at McDonald for its measly pay.

My point is simple. If you want to make money from your blog, you need traffic and the know-hows to turn that traffic into customers.

So who cares about your cat or your Christmas gifts for that matter?

Money is the by-product how you use your blog to generate interest and put your readers into pre-sale mode.

How To Make Money Online for Beginners?

For starters, you carry and market someone else’s products on your blog and this process is what we call, affiliate marketing. For each sale generated from your blog, you’ll get paid commissions in a varying degree of percentage depending on the products.

I recommend searching for the hottest and newest products in Clickbank or Commission Junction.  Of course, there are tons of affiliate products on the net. All you need is to find one that suits your niche.

And once you get into the groove of blogging and realize your own potential, doing freelance job can be yet another profitable way to make money online.

For instance, if you have a knack for writing, you could easily get jobs at getafreelancer.com and scriptlance.com. The truth is there are scores of people who are in need of writers to do everything from writing articles to ghostwriting books.

You could make as much as $40 per 1000-word article and the possibility hugely depends on how fast you can deliver. You do the math.

To Sum It Up

The internet opens up a world of opportunities for those looking to make money online.  Finding the right one for you is the most difficult part of the job.

The options above are not meant to be-all-end-all of how to make money online. I’m merely presenting you with several online opportunities you can grab right out of the gate in times of crisis.

It’s all about making choices and taking action. You can do more than one thing and make as much money as possible.  It’s out there for anyone with just a computer.

Don’t let the fear of failure leads you to inaction. Let 2009 be a year of making money online for you.

Now go get your piece of the pie. If you want to learn more about making money online by blogging, check out this new guide I have released!