You need money fast and after doing some research, besides obtaining a short term loan, you discover claims of how to make money fast online but you remain skeptical because if this was really possible, wouldn’t everyone be doing it? What we are going to discuss here is that while it is totally possible to make money online, it really depends on your ability and knowledge. A veteran internet marketer could set up a campaign and in a few hours be earning some money. The reality is it takes a bit of time to attain that level of skill and is highly recommended to invest in your education to achieve that goal but for those desperate to earn money now, what are actual options you can do today? We’ll go over 2 solid methods that if you implement properly, will earn you money today while also the potential for residual income.
Flip A Website
Even as a newbie, one can utilize this method. The virtual marketplace is very active and investors are constantly on the look out for good deals. If you can provide them a web property with potential, they will buy. So how do you do this? By purchasing a domain with some authority and flipping it for a profit after you do a makeover. This method can be compared to how real estate investors buy undervalued properties and fix them up to sell but translated to the virtual world.
There are thousands of domains that expire everyday that one can pick up. While most are useless, there are a few that do have inherent value. This is determined by age of the domain, number of links already built up by the previous owner and most importantly, page rank (PR) which is a value determined by Google.
By using some freely available tools, one can find these domains and pick them up for reasonable prices, but focusing on domains that can be branded is very important. Learn how to install WordPress, a popular blog platform, on your newly acquired domain and “pretty” it up. Purchase some original content that matches the theme of the domain and you’re ready to list this website on popular website auction websites like Flippa.com. With the right sales copy, it’s not difficult to at minimum double your investment.
Build A Link Network
Since you’ve already researched domains for the previous method, why not build a network? Purchase these valuable domains but instead of selling them, set them up to be used as a resource for niche specific industries. Purchase high PR domains and build up sites focused on a particular industry. Simply by calling local SEO (Search Engine Agencies) and letting them know you have a focused network, most would be willing to purchase a few spots on a monthly basis.
One may just recover their investment with the first month doing this method but every month afterwards would be passive income for these properties. A smart investor would purchase more domains and increase the potential earnings of the complete network.
As you can see, we’ve only briefly discussed these approaches to making money. Take the concepts and do your research to find out how to leverage these methods even more. With experience, it is highly possible to earn significant amounts of money with these strategies quite quickly.