CPA
CPA stands for Cost Per Action. CPA programs include affiliate and referral programs which pay a commission based on specific actions taken by a user.
Examples:
You refer a user to a company. That user purchases a product from the company. That action (the purchase of the product) earns you a commission.
You refer a user to another company. That company is hoping to get users to fill out a form, giving them information such as name, email address, etc. When the user completes the action of filling out the form, you earn a commission based upon that action.
I’ve already discussed affiliate programs in depth here, but some quick examples of affiliate networks are LinkShare and Commission Junction.
CPC
CPC stands for Cost Per Click. Typically, these are programs such as Google’s Adwords / Adsense, where an advertiser pays only for ads that experience a click-thru. You, as the publisher, show these ads on your site, and each time a visitor clicks on the advertiser’s ad, you earn a small commission. (Adwords is the advertiser’s program and Adsense is the publisher’s program. You would be using Adsense, since you would be the publisher).
CPM
CPM stands for Cost Per Thousand, and refers to cost per 1,000 impressions, such as $25 for every 1000 ad views. (The M in CPM is Latin for “one-thousand.”) Advertisers are billed based on the number of times an ad is seen by visitors, regardless of the visitor’s subsequent action. This is the typical pricing method for banner ads and is usually limited to high-traffic sites. If your site has enough traffic, then you can apply to ad networks such asFastClick, Burst, TribalFusion, or Casale. The obvious advantage of using these banner ad CPM networks is that users are not required to take any kind of action (either clicking an ad or purchasing a product). Just the mere act of seeing an ad means you get paid. This, however, is limited to sites that receive a lot of traffic, so it is not available to the majority of people.
Direct Sponsorship
One of the best ways to generate income is to directly sell ad space on your site. If your site has a strong user base, or generates enough traffic, you should be able to get people to place ads on your site for an amount that is considerably higher than if you sold ad space through a network, ad broker or third party. This does take considerable time and effort however, so many people opt to use third parties as well, such as Adbrite and Text Link Ads. These types of brokers will take a cut of the profits, so you will earn less, but you’ll reach a larger amount of potential advertisers.
Sell Your Own Products
Obviously you can sell your own products, which can include digital goods such as e-books. Digital goods are fairly easy to produce, have little to no cost to you, and are delivered electronically to the buyers, so shipping problems or costs are not an issue. E-books can be created using a free word processing program such as OpenOffice and then saved in PDF format. Sell the e-book using PayPal to process payments and you’re in business.
Subscriptions for Premium Content
I generally don’t recommend this, especially for newbies, but it needs to be listed as a consideration. Some sites charge a fee for access to premium content. This is a subscription-based model, and only works when you have high-quality premium content to offer. People these days expect online content to be free, so if you want to charge for content, it will have to be outstandingly excellent.
Paid reviews
Bloggers will sometimes review products or sites for a fee, using services such as ReviewMeas a third-party broker to find advertisers wishing to have their products or sites reviewed. It can be a controversial method of income, since a lot of people think that paid reviews are not objective. I disagree with that, however you will need to have earned the trust of your readers if you want to do paid reviews. Your readers will want to know that you can be paid and still be objective, and only your previous posts will have earned that trust.
Paid Blogging
Many bloggers post on sites that are not their own, or they post within blog networks. These posts are often paid positions. You can find people who are looking to hire bloggers at places such as Problogger’s job board.
Get Paid To
“Get-Paid-To” services, such as Cash Crate, allow you to earn money by simply filling out surveys, accepting coupon offers, etc. This type of thing is mainly for someone who either wants to earn some side money, or who doesn’t have a site of their own. It is not easy to make a significant amount of money this way, but if you have the patience to fill out form after form after form, you can earn a decent amount of extra money.
Domaining / Flipping Sites
Domainers and site flippers often purchase domain names and/or sites with the intention of quickly turning around and selling them again for a profit. You can purchase domains at places such as Godaddy or in high-volume at Moniker and then turn around and sell them at places like Digitalpoint and Sitepoint.
source:http://www.donnafontenot.com
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