Make Money From Home

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How to Make Money From Home On The Internet

There are many ways to make money from home and there is a lot of money out there on the internet to be had, but there are also a lot of people chasing the money. This article is about my research: The methods I have tried and the results I have achieved.

There are several ways to earn money on the internet:


  • Publishing your travel photos

  • Answering internet surveys

  • Writing product and travel reviews

  • Writing in general

  • Selling your photos/artwork (e.g. on postcards, T shirts, Mousepads..)

  • Trading Shares, Bonds, Gold Coins etc.

  • Blogging

  • and, of course, Squidoo!


  • These are all viable ways to supplement your income and can even be fun, but some of them really are a lot of work for not much reward.

    I have tried quite a few of these various internet sites and also a few riskier, internet trading strategies and this article is all about the relative success of these methods.

    I am based in the U.K. but of course many of these web-site are global or US based.

    Trivago: Publish Your Travel Photos and Hotel Reviews 

    A web-site that shares 50% of it's revenue with you, the contributor.

    Trivago is an excellent travel web-site and internet community. It is however different to other similar web-sites in that they publish the amount of revenue that they have received (from the sale of accommodation via booking partners etc.) during the month, and how much of it you are entitled to. 50% of the money is given back to the web-site contributors and your total number of shares and the resulting estimated payment can be accessed from your account at any time.

    Trivago issue shares for each activity you perform for them (at time of writing 1500 shares was worth approximately £1.00 or $1.50):

    Add a photo to an attraction (about 75 shares)

    Rate other peoples' photos (2 shares)

    Rate an hotel or attraction review (2 shares)

    Add hotels, attractions and external links to other reviews (about 600, 150 and 250 shares)

    General web-site administration


    As you gain more experience and more shares, your job title will change as you get promoted up the ranks and you will gain extra operations that you are allowed to perform and earn money for. The number of shares you earn during the month determines how much of the earned income will be received by you.

    There is no fixed number of shares for writing a review or adding a photo etc. and the number depends on it's quality, but could it could be up to about 100 shares for a photo and a lot more for a review or attraction, although rating a photo or review gets you fixed number of 2 shares.

    In a typical month you would require about 1500 shares to make £1 (i.e. more than 1000 shares for $1) so 20 photos or about 4 brief hotel reviews could gain you £1, but you would need to rate 750 photos or reviews for the same amount.

    This is a good way of making money, it's fun and if you have a lot of digital photos easily uploadable to the web-site it could even pay a reasonable hourly rate. It can take a while to reach the minimum payout threshold.

    Minimum payout Euro 25 approximately £20 or $30

    Make Money from Your Photos 

    Selling your holiday snaps or even just places of interest near where you live is an easy way to make a little extra money.

    Here's an article about how to choose a compact digital camera...

    Case Logic DCB-16 Compact Camera Case (BLUE)

    Amazon Price: $9.99 (as of 11/26/2009) Buy Now

    Helium: Make Money From Writing 

    Fancy being published and getting paid

    Helium.com is an internet writing community. The emphasis is on enjoying writing good quality articles, getting them published and read. You can read and write articles on a wide variety of subjects and rate other peoples' work.

    Here are a few examples written by me:

    Rio de Janeiro: A Travel Diary

    Classic Car Review: Ferrari 308 GTS

    Car Review: Jaguar XJ12

    Car Review: Jaguar XKR

    Brazil Vacation

    Savings and Investment Article

    Bangkok (during a military coup)

    Tiger Safari in India

    Marrakech Morocco

    Vacation in Cuba

    African Safari: Namibia

    Safari in Botswana: Okavango Delta and Chobe National Park

    Investing in National Savings Premium Bonds

    How to Reduce Risk of Your Investment Portfolio

    Investing in Corporate Bonds

    For reasonable earnings you will need to write a lot of articles, but they then stay there gaining royalties and you don't need to do anything (apart from rate a few other articles every 90 days to remain eligible for payment). The higher the quality, the more you earn. This initially will not make a huge amount of money for each article, but the revenue will build up and there is also a "Market Place" where you can compete to write articles for other publications for much larger amounts of money (e.g. a few hundred dollars, if you win the contract) You can also enter you writing for regular competitions.

    Summary

    A writing community, that allows you to publish your work and get paid small royalties in return, depending on the rating and popularity of your work. The emphasis is on writing quality.

    See my separate article about creative writing for money

    Minimum payout $25 (approximately £18)

    Zazzle: Sell Your Photographs or Artwork 

    Zazzle allows you to create a gallery of products (T-Shirts, mugs, stamps, mousepads, postcards, shoes, bags etc.) featuring your photographs or artwork. The products are created on demand, so there is no set-up cost, just profit when an item is ordered.

    I have only been participating in this for a short while, so I have yet to obtain any data about how lucrative this will be, but it is fun and you can choose a sales commission on each item (e.g. 10%) for each item sold.

    Click here for my Zazzle gallery... or some examples below:
    powered by Zazzle.com

    dooyoo: price comparison and internet community 

    Write Reviews for Money

    dooyoo.co.uk is a U.K. price comparison web-site that pays you to write reviews. These can be product or holiday destination reviews, general discussions. If the review you want to write doesn't exist in the database you can request it to be added, which usually takes a few days.

    The amount of payment for a review is very good: £0.50 straight away for a review over 150 words long and then pennies for each reading of the review, which can add up over time, although most of the reads will occur in the first few days after publication. If you get awarded a "Crown" you will receive more money (£1.50) Writing a good review could earn several pounds. When you have accumulated £50 you can request a cheque (or £10 for an Amazon voucher)

    The £0.50 payment for an article does promote the writing of short articles of not much more than 150 words, but longer, well written articles are more likely to receive the extra bonus "Crown" payment. Being a part of the community and reading and rating the other reviews also will result in more people reading your reviews and therefore more money. Reading, rating or writing comments on other reviews, does not gain you any money, but if you rate someone's review they will probably rate one of your reviews, gaining you a small fee (1.5 pence)

    Summary

    A friendly internet community and product review site, with reasonable payment for writing. Typical earnings might be £1 to more than £5 per review depending on quality and length of the review and how much you participate in the community. An example of possible earnings below:

    Example

    500 word review which takes 30 minutes to write and submit, receives 60 member ratings, for each of which you read and rate a review written by the rater, half of which you leave a comment. This could take a minimum time of 2 hours or significantly more if you really read their reviews, for which you will receive between £1.40 and £2.90 depending on type of review and whether you receive a crown. So if you really participate in the community you may receive less than £1.00 per hour.

    If you write ten 150 word reviews per hour and ignore the people who rate them, you won't get many ratings and no crowns, but could make more than £5 per hour. You will probably also be thrown off the site or at least be branded a "churner"

    Typical earnings: approx. £1 to more than £5 per review

    Payment per hour (min/max): less than £0.50 upto £5.00 (maybe)

    Minimum payout £50 cheque (or £10 Amazon vouchers)

    Make Money on eBay 

    Trade gold coins

    Many people make money from eBay, and there are a lot of web-sites on the subject. This is really just a new version of the age old tradition of market trading; buy things for one price and sell for another. There are many web-sites and books on the subject, and the finer details of getting the best price, so I won't go into too much detail here, but one area I have found eBay to be useful is in trading gold coins. Gold has been a good financial insurance policy in the recent times of market turmoil and gold coins can be bought far more cheaply from eBay than from other gold dealers. The gold price tends to be very volatile so you can also can also make money buying and selling coins.

    I have written a separate web-site on the subject

    Loading Fetching new data from eBay now... please stand by
    eBay

    Advertising Revenue: Write a blog, build your own web-site... Or Squidoo 

    There are two main ways to make money from you own web-site or blog: use it to sell your products or services; or attract traffic to your site, on which you have sold advertising space (e.g. adverts from companies such as googleAds) The second method sounds too good to be true; just knock up a quick web-site or blog, put some cool stuff on it and wait for the visitors to click on the adverts. Usually you will get paid either per click or per thousand page-impressions. i.e. the more traffic the more money you get.

    GoogleAds is the biggest player in this advertising market, but there are several other companies doing similar services, but none of them (that I have found so far) are interested in small web-sites. You need a lot of traffic before they will consider you as an advertiser, so you need to do a lot of web-site marketing either through social networking or by paying someone to promote your web-site.

    Some famous bloggers make a fortune from their own web-sites. If you create a good web-site with excellent content and market it well so that you have thousands of hits a day you could give up your job and just watch the money roll in.

    The alternative, of course is to put the content that you would have put on your own web-site, on to a Squidoo "lens" or "Hubpages" equivalent. This has the advantage that you will probably get far more traffic than you would from your own web-site although you could of course do both and use Squidoo to promote traffic to your other web-sites and blogs.

    How to make a website 

    ASP.NET 2.0 Website Programming: Problem - Design - Solution (Programmer to Programmer)

    Amazon Price: $26.39 (as of 11/26/2009) Buy Now

    The Principles of Beautiful Web Design

    Amazon Price: $26.37 (as of 11/26/2009) Buy Now

    Web Design and Marketing Solutions for Business Websites

    Amazon Price: $26.39 (as of 11/26/2009) Buy Now

    Ciao: Product reviews and Internet community 

    Ciao.co.uk is a price comparison web-site that pays you to write reviews (there is also a US based equivalent: Ciao.com). The reviews are on a wide range of topics including product and holiday destination reviews, general discussions or even politics and personal finance. If there review you want to write doesn't exist in the database you can request it to be added. The amount of payment is a bit vague, but does depend on the quality of writing and the rating received by other members of the community.

    Payouts for this site are initially fairly low, in general unless you write a very high quality review, which gets rated by many other people. If however you are awarded a "diamond" you will receive an extra £15 prize there are also monthly bonuses and awards added depending on quality and number of visits to your reviews. Ciao is as much about the internet community than making money. Unlike dooyoo, detailed above, you will not make reasonable money by writing lots of quick 150-word reviews.

    Summary

    A good friendly internet community, with relatively low initial payout, that builds up if you persevere. There are some very good writers here, who are presumably not doing it just for the money, but consistently good quality writing could potentially make you as much money as writing for dooyoo

    Payment per hour (min/max): less than £0.50 upto £5.00 (including time spent rating other people's work)

    Minimum payout £5

    I have actually made slightly more with Ciao, per review (mostly long, 1000 word travel reviews) than with dooyoo, but many people in the dooyoo think that ciao pays significantly less.

    One Poll: Short Surveys 

    Not much money, but very quick

    OnePoll.com is a survey site that usually pays just 10p or 15p for a survey, but they are really short, usually taking less than 5 minutes, which means quite a good rate of pay (about minimum wage at least, if your quick at clicking) and if you wait a few days, then log in there could be several short surveys to take.

    Summary

    OnePoll pays a good hourly rate, but for only a few very short surveys a week.

    Payment per hour (estimated maximum): £5.00
    ($8.00)

    Minimum payout: £40.00 (which could take months to achieve)
    ($60.00)

    Ciao-Surveys 

    Ciao-Surveys.co.uk, which used to be part of the ciao.co.uk price comparison site, regularly emails with new surveys to complete, which pay anything from 10p to several pounds. Sometimes the 10p ones are a lot of work for not much money (e.g. 20 minutes) but some are quite well paid, so it is best to be selective about which ones you do. The more highly paid surveys can take a long time before you actually get paid, because they may collect data for several months, before actually paying out.

    The first part of some surveys is just a test to see if you are eligible, and you may be rejected for a reasonable proportion, but if you fail you will be entered into a prize draw.

    Summary

    There are some reasonably well-paid surveys available from www.ciao-surveys.co.uk, but for best rate of pay be selective about which ones you choose.

    Payment per hour (min/max): £0.30 / £5.00
    ($0.60 to $10.00)

    Valued Opinions - More Well Paid Surveys 

    Valued Opinions.co.uk is another good survey site with some excellent payouts of typically £1.00 or more for a 15 minute survey. The review invitations are fairly frequent and often the review can be done more quickly than the quoted time.

    Payment per hour (typical): £4.00
    ($8.00)

    More Survey Web-Sites Here..."

    Global Opinions Panel 

    Global Opinions Panel haven't sent me many surveys and so far I have only accumulated a very small amout of money, but the rate, per hour looks like it will be good compared to some of the other survey sites. I shall update once I have more significant data.

    More Survey Web-Sites Here...

    Global Test Market 

    Global Test Market Is another good survey site that has invited me to do quite a few well paid surveys. The surveys are paid in "points" where one point is $0.05 and a survey may pay 35 to 100 points on completion or 5 point if you don't qualify. This is probably the best survey site I have tried.

    Payment per hour (min/max): $8.00 / $10.00

    Minimum payout: 1000 points = $50.00

    More Survey Web-Sites Here...

    Home of Research 

    Home of Research is yet another good survey site. I have not yet received payment from them, but the points are adding up fairly quickly. I shall update when I have received my first payment.

    ItsYourView.com 

    Its Your View seems to be another good survey site. I joined several months ago and heard nothing and the web-site was being rebuilt, but it is now up and running properly and I have received several invitations. The payments are very good: typically about £1 for each 5 minutes of your time.

    Marketing and external traffic 

    Survey sites simply pay you a fixed amount for filling in a survey, but most other ways of making money on-line involve getting traffic: i.e. if you write an article or review or make a lens on Squidoo you need people to read it otherwise you won't make much money.

    Consumer review sites such as Ciao or Dooyoo and all about social networking and you are paid when other members read or rate your reviews, so the way to get more money is to make friends and spend a lot of time reading and rating other people's work.

    If you have adverts on your own web-site, if you make lenses on Squidoo or write articles on Helium etc. you need to get lots of people to read your work. This can be through social networking, getting to know other users of the site, but you also need to be searchable by search-engines and promoted to external traffic. Here are a few website to join to help promote this external traffic:

    Social Bookmarking:

    tagfoot
    Stumble Upon
    Digg
    Delicious
    Squidoo Review
    Lensroll
    Squidom

    Directories:

    Squoogle
    Isle of Squid

    Tell Your Friends:

    Twitter
    Facebook
    MySpace

    Summary: The best ways to get paid 

    Giving up a well-paid job to try to make more money from interacting with web-sites, may be a risky thing to do, and the amount of payment from a web-site doesn't need to be too high, because you are in competition with people of all ages around the world, many of whom would actually do the "work" for nothing, or are doing it at the same time as doing something else. e.g. these sites are popular with stay-at-home mums and people at work, during their lunch-breaks etc. so even achieving minimum-wage is quite hard, unless you really are working for the site or taking a risk, such as share or commodity trading.

    From the methods described in this article, the best guaranteed payment, per hour of time actually logged into the various sites, comes from some of the survey sites. Generally this is rarely much more than minimum wage (e.g about £5 per hour in the U.K) although avoiding low-paying surveys improves returns and with practice they can be completed more quickly than the specified amount of time.

    Writing and publishing on an internet community and review sites can result in reasonable payments per hour of writing, if you discount the time spent reviewing other peoples' work and interacting with the community, which is more time consuming than the writing; if you enjoy the community aspect these can be a good way to earn some extra money and have some fun, but including the time spent reading and reviewing other peoples' work they pay a very low hourly rate.

    If you want to make big money on the internet then you either need some money to invest and you need to take some risk (see the articles in the next section) My compromise, is I trade shares, bonds and commodities (gold coins) over the internet and spend most of my time monitoring the markets, but simultaneously, during the breaks and when the markets have no obvious direction, I make a bit of extra cash from these other methods.

    Other Ways to Make Money From Home and Investment Ideas 

    Rather than being paid for doing things for web-site you can also use the internet for investment purposes, share trading, commodities, spread-betting. This is does involve taking some risk, but can provide a significant income.

    Here are some related articles:

    Absolute Returns: Zero Dividend Preference Shares
    Investments to Beat The Credit Cruch
    National Savings and Investment Premium Bonds"
    Balance Your Portfolio - Buy Gold and Silver!"
    Get Rich Slowly
    Technical Analysis (Charting)

    And some books on the subject:

    Investing Online for Dummies, 5th Edition

    Amazon Price: (as of 11/26/2009) Buy Now

    Investing Online For Dummies (For Dummies (Business & Personal Finance))

    Amazon Price: $16.49 (as of 11/26/2009) Buy Now

    Financial Freedom Through Electronic Day Trading

    Amazon Price: $23.07 (as of 11/26/2009) Buy Now

    Finance Lenses 

    More Money-making and Investment Lenses 

    More Finance and Investment 

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    by AndyPo

    Hi, I am Andy. I live in the U.K. but have worked and travelled all over the world. I am a semi-professional wildlife and travel photographer (i.e. I... (more)

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