How to Make Money Online : Making Money From Home
Hello my name is Luis Estrada and I’m a softwaredeveloper. In this clip we will talk aboutmaking money from home. The advertising revenuemodel is a good option if you have thousandsof visits to your website every month. However,it is not a good option if you cannot reacha large audience. There are two internet revenuemodels that might work better for you if youdo not have that much traffic on your websitelike the affiliate revenue model. In thismodel you sell a product or take the necessarysteps which lead to the sale of products orservices of another company. That companypays you a percentage of the total sale ora fixed rate per product or service. Thismodel is similar to the advertising modelin that you publicize other company’s productson your website. The difference is that inthis case companies pay only when the productor service is sold where with the advertisingmodel they usually pay whether the advertisingresults in a sale or not. Another option isthe subscription revenue model. In this modelusers of your website pay a subscription foraccessing some content on your site. For example,articles, reports, pictures, videos, music,broadcasts, etc. Most websites using thisrevenue model charge a monthly or a yearlyfee for access. You can manage different accesslevels like a basic membership where usershave access only to limited content and apremium membership where users can accesseverything on the website. Because the advertisingrevenue model is the most popular way of makingmoney on line, people are used to gettingthings on line for free so it might be difficultto convince visitors to pay for the contentof your website. One strategy to convincevisitors to pay is to assure them that yourcontent is of high quality and it is not availableanywhere else on the web. Keeping your numbersfrom downloading or distributing your contenton other websites can be a difficult thingto achieve. If your content becomes freelyavailable on other websites then your visitorswon’t find the need to pay you for them. Thisrevenue model is usually more difficult touse because it requires that you invest onbuilding a website with security featuresfor access to the content. Also you need toprovide a way for your customers to pay. Inthese videos we will cover the three mostused revenue models, the advertising model,the sales model and the subscription model. I’m Luis Estrada and I’ve just showed youhow to make money with your websites.