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| Sunday, 17 December 2006 | |
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There are many ways to generate income online. These are some of the ways:- 1. Affiliate Programmes 1. Affiliate Programmes / Affiliate Marketing Many of e-commerce sites use affiliate marketing to promote their sites. However in the initial stages, many internet users have negative opinions of affiliate marketing due to the tendency of affiliates to use spam to promote the programs in which they were enrolled. As affiliate marketing has matured many affiliate merchants have refined their terms and conditions to prohibit affiliates from spamming. ClickBank (www.clickbank.com) 2. Paid Surveys A paid survey is a type of online statistical survey where the participant is rewarded through an incentive program. A paid survey is used to collect quantitative information about the participant’s personal and economic habits. Often used by marketing firms to test new advertisements, they offer the participant a cash reward. Some even offer free trial to their new products. Legitimate paid surveys exist because, in order to remain competitive in their given markets, companies need a better understanding of their customers and the customers’ perception of products. Surveys that are legitimate are separated by personal demographics so that the data will better apply to the target audience the marketing firm is trying to reach. Some large companies even pay generously to collect information on participants to get data on the latest trend in the market. Because the corporate marketing companies need to understand consumer perceptions in-depth, they will offer incentives to survey participants. A participant will never have to pay for a legitimate paid survey. However, over the period of time, many scams started to surface in the Internet offering paid surveys. Most of the time, these sites have managed to convince the participant to finish the survey and does not even pay the participant. Pine Cone Research (http://www.pineconeresearch.com) 3. HYIP – High Yield Investment Programme 12DailyPro (United States) - US Securities & Exchange Commission 4. Multilevel Marketing (MLM) Programmes In a legitimate MLM company, commissions are earned only on sales of the company’s products or services. No money may be earned from recruiting alone (”sign-up fees”). One must analyze the compensation plan to determine whether participants are paid from actual sales to customers and not from money received from new recruits. If participants are paid from money received from new recruits, then the company is an illegal pyramid. 5. Autosurfs Autosurfs have been around for quite some time. The incentives for autosurfs are for each visit on a specific advertisement, a commission would be paid to the surfer. These hits would contribute to the frequency of visits to the particular advertisement.
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