Website Marketing Pioneer Jim Daniels shares his ongoing website promotion experiences.

10 Reliable Internet Income Sources

If you've had trouble opening up just one income stream, you're probably sick of all the gurus talking about multiple income streams. But there really are 10 different income streams that work reliably. I know because I use 9 of them.

In today's gazette I'll show you what they are, and how to open each one up.

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You're about to see 10 separate income streams. Of the 10, I use 9 and plan to use the other one this year. When you combine even a handful of these, they add up to a nice full time income. And there's nothing  like earning full time income from a part time job.

All you need to open up any of the following income streams, is one or more websites or a blogs where you regularly post content about a specific topic. You can get your own web property up and running in less than an hour using the freely available hosted version of WordPress at WordPress.org.

And the whole process is dirt cheap. The only things you need to pay for are a domain name for about $8 a year, and a web hosting account which is less than $10 a month.

If you're starting from scratch, it will take a little time, but once you've posted about 20 pieces of niche specific content, you'll start to get some "long tail" traffic from the search engines.

Then you can start monetizing your web property using any one of the following 10 methods, or a combination of them...

1. Affiliate Commissions

Affiliate earn a commission from product or services they recommend. Affiliate marketing has been around for about 12 years now and it has changed quite a bit through the years. Review sites were popular for a while until Google Panda knocked most of those site, especially the sites with thin content, down the SERPS.

I earn most of my affiliate income at this site and by recommending products and services through my opt-in email lists. This strategy has always worked well, though it's much harder to get though the myriad of spam filters nowadays than it was say, 5 years ago.

The newest trend in affiliate marketing looks like it may be the strategy of implementing WordPress plugins and shopping gadgets such as Michael Rasmussen's affiliate tool scheduled for release on January 24, 2012. (Oh, and as you may have figured, that's an affiliate link.)

2. Residual Affiliate Income

If you're going to get into affiliate marketing, you need to always be on the lookout for opportunities to earn residual income. Residual affiliate income is money you earn over and over after making an initial sale. For instance, many of my own affiliates for my coaching program have earned more than $500 from a single sale. That's because my affiliate program for that service pays recurring commissions.

In addition to paying my affiliate residual income, I also promote products and services for marketers who pay me residual income. See that ad over in the right side bar that contains the text "This ad created with the Amazing Widget?" That's a program from Bryan Winters that I use to get a steady flow of traffic. I also refer members to it so they can get traffic from it. In return, I earn a small monthly commission from each member I refer, for as long as they stay a member.

If you plug a handful of residual affiliate programs into your portfolio, you'll build a nice base of commissions that will hold steady, even through slow times.

3. Your Own Product Sales

Putting together a product of your own can seem like a daunting task. But it doesn't have to be. If you can commit to writing even for just 30-45 minutes a day, you can have your own ebook in a month or so. The best part is that you do the work once, then sell it over and over and earn money from it for years.

Having your own products has another built-in benefit that can pay huge dividends -- you can open your own affiliate program and get others promoting for you. This strategy ballooned my business way back in the late 1990's and basically enabled me to quit my day job. With just three products I paid out more than $250,000 to affiliates, so that's a lot of income I never would have made without them.

If setting up and running an affiliate program seems like a lot of work, you can simplify the process by using a service like clickbank. They take care of the whole process including taking your orders via credit card or paypal, handling refunds and even paying the affiliate commissions.

4. PLR Product Sales

It may surprise you to learn that many of the products you've bought from gurus were simply products they bought the rights to, then tweaked as their own. Anyone can do this including you. There's nothing underhanded about it as long as you're offering solid content at a fair price. If you're want to sell products of your own but you do not have the time required to create them, then this is a good option.

Once of the places lots of web publishers get products to customize and sell as their own is this plr product vault. In fact, it is used by many of the gurus I know. I've even used it myself with excellent results. Members get access to more than 1,000 products in all sorts of niches. The products can be used to monetize websites and blogs in different niches, and you can even start your own affiliate program with many of the products.

A good strategy for selling PLR products is to offer a product for less than $10 then when the sale is made, immediately offer an upsell for a larger product or membership. A percentage of customers will always buy the upsell and even the customers who stick with the basic product get a great value for their $7 or whatever you decide to charge. Plus, you get to build a super-responsive "buyers list" that you can sell other products and services to.
 

5. Web Services

Performing web services for clients such as website or blog setup can be lucrative, although sometimes time consuming. A popular service these days is link building for SEO. But instead of focusing online for clients, a better strategy a lot of people overlook is offering their services locally.

I've done SEO work for clients offline who almost always refer new clients to me. In fact, I've had to turn away clients because of just a few jobs that got sites to the top of Google. You can charge quite a bit of money for this and it's easier than you think, especially in many local niches with little competition. There are other services you can offer local businesses as well, including blog setup, graphics design, link building, directory submissions and more.

If you want to try selling web services locally, you don't even need a website. You can simply place an ad in Craigslist under small business services. After placing your ad, here's a trick for getting the ad to the top of Google for the keyword search phrase  "your area + your service." (Ex: Fairfax blog design)

Create a craigslist ad. Create an RSS feed using the URL of your ad. Then submit the URL of the ad along with the RSS feed using the freely available Traffic Launch Pad. I tried this with an ad for a local service and a week later it was ranked number one and I started getting calls. Of course it all depends on how much competition there is for the service you're offering in your area.