Friday, January 23, 2009

My Favourite Method for Making Money Online Revealed

By Danny Smartling

For obvious reasons many online marketers keep their most successful methods for making money online to themselves. Although I'm also guilty of this to a certain extent I also get great satisfaction from helping others to succeed. So I'm now going to reveal one of the best methods that I know of for generating income online.

The great thing about this method is its simplicity. In fact you will smile when you see just how easy it is. Nevertheless the best methods are often the simplest and the results that you will get if you follow this method are quite phenominal.

This method revolves around recreating other succesful sites. It's all about finding successful sites, establishing how much money they bring in and copying their strategies to duplicate their success. There is nothing illegal or blackhat about this method and it really is very straightforward, even for newbies.

The first thing to do is to go to an online marketplace called sitepoint.com which is a website that other webmasters use to auction off and sell their existing sites. There's loads of websites for sale on here ranging from hundreds of dollars to thousands of dollars. Have a look through the sites that are listed for sale and find one that produces a reasonable income that's not overly complex. A blog or content site would be great.

Open up the information about your chosen site and review it. The first thing to establish is whether this is a site that you could create yourself. I don't mean create a word for word copy. I mean create similar content and copy the strategies. If you can then carry on. If not then look at other available sites and repeat. Once you have found a site of interest then review the detailed information about the site. You are particularly interested in how much traffic the site generates, what methods the existing owner has used to drive traffic to their site and how much content the site contains.

Once you have found a site suitable site go onto Yahoo Site Explorer. Enter the URL and establish how many backlinks there are to the site. Also review the backlinks to establish what promotional methods the owner has used (article marketing, blog comments, free ads etc.). Next go onto a free site called compete.com and establish what the top 5 organic keywords are for the site.

And that's it, you're done. You have found a successful site and identified a profitable niche bringing in a good income that you can recreate. You know how much traffic is created, the methods used to generate traffic and the top keywords to focus on. You know how much content is needed to rank well in the search engines and how many backlinks you will require. Duplicate the methods and strageties used by the existing owner and with time you will build up to the same income. Rinse and repeat to build up multiple streams of online income.

Anyway, this method works. Give it a try and I promise that you will be stunned by the results. So what are you waiting for? - 16069

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