How would you like to make money advertising online?
Making money advertising for companies is easier than ever with the internet. Yes, there is good money to be made in advertising. You just need to know how to start your advertising career.
Imagine, making enough money to quit your 9-5 job. No longer having to wake up to the sound of an alarm clock. You’ve built a business that makes enough money while you sleep.
Luckily for you, I’m going to show you the exact steps to take to make money advertising online. If you have a laptop and an internet connection, these methods can work.
This article may contain affiliate links which pays a commission and supports this blog. Thank you for your support!Paid vs organic advertising
In advertising, getting eyes on your offer is everything. If no one knows about your product then no one can buy it. In online advertising, there are two ways to get eyes on your product, paid and organic traffic.
Paid advertising involves paying money to get potential customers to buy something. Paying for advertising can be costly, but if you know what you’re doing it can amplify your profits.
An example of paid advertising is setting up a Facebook ad. You might create an ad with an image and short description of your product. Depending on your ad setup, every time someone clicks or views an ad it costs you money. Ideally, people are clicking over to your offer page where they are buying your product.
Organic traffic is completely free. Unlike paid traffic, organic traffic can take time to see results. Organic traffic comes from anywhere people are online, such as social media or search engines.
For example, you might create a website dedicated to your product, baby clothes. You use Search Engine Optimization to write detailed articles on baby clothes. People might Google, “Best baby clothes for girls” to which they find your article which recommends your clothes.
Click to Tweet! Please Share!Click To TweetDistribution platform vs advertising service
There are two ways to make money advertising online. You will either need a distribution platform or to become a Online Shop service. Like paid and organic traffic, each have their pros and cons.
Distribution platforms have people come for the free content. Ads and other promotional content are displayed. Traditionally, distribution platforms are television and radio. Today, distribution looks like websites, email lists, YouTube channels, Facebook pages and groups, etc.
I like distribution channels because you’re building a following around a common interest. Send relevant offers to your channel and make sales. However, distribution does takes a while to build.
Advertising services involve working for companies with money to spend. You help them fill an advertising need and get paid for your efforts.
Distribution takes a while to build, but can make money more passively. Ad services will always need to have clients and exchange time for money.Make money advertising online
The first step towards making money with advertising is knowing your product. Are you going to create a product, sell someone else’s, display ads, etc. Having a good understanding of your product will make sure you’re focusing on the right path for making money.
Next, you’ll need to figure out how you’re going to get your product in front of people. Are you going to pay for ads, have affiliates, or chase organic traffic?
Let’s take a look at the best strategies to make money through advertising online.
Click to Tweet! Please Share!Click To TweetDisplay advertising with ad networks
Ad networks are one of the simplest ways to make money advertising online. Simply display an ad on your website and get paid anytime someone clicks or sees an ad.
Ad networks provide the code you copy and paste onto your website. In addition, ad networks find companies willing to advertise and handle the money. All you need to worry about is creating awesome content that draws people in.
Most blogging beginners start making money with Google Adsense. Eventually, bloggers will move on to higher paying ad networks like Mediavine or Adthrive once they meet the joining requirements.Revenue Per Click (RPC) vs Revenue Per Mille (RPM)
When working with an ad network, you’ll either be paid based on clicks or views. Usually, you’re paid through a combination of both.
As an advertiser, I can create an ad and choose to be billed when someone clicks my ad (Cost Per Click, CPC). I can also choose to be billed per thousand ad views (Cost Per Mille, CPM).
As a content creator, you earn money based on when someone clicks an ad (Revenue Per Click). You’ll also earn money depending on how many people see an ad displayed on your site. If you have an RPM of $15, then you are earning $15 per thousand views.How much can you make from Google Adsense?
Google Adsense generally pays publishers between $5 to $10 per thousand views. Therefore, a website with 10,000 pageviews per month should earn between $50 and $100.
Keep in mind, every niche will attract different types of advertisers. For example, a highly competitive niche, such as fitness, might earn more in ad revenue than a bird watching website. Therefore, it can be difficult to determine how much money you’ll make from Google ads.Is Google Adsense free?
Google Adsense is free for publishers to use. However, Google does require you to apply for an Adsense account and identify which properties will display ads. Your website will be reviewed to make sure requirements are met, such as, a Terms & Conditions page, Privacy Policy, quality content, etc.Ad agency
Owning your own ad agency is one of the best paying ways for posting ads. Your job is to find clients, set up their ads, and continue to get paid.
Most businesses don’t know the first thing about creating ads on Facebook, Instagram, Twitter, or any other social media. A Yoga studio is great at helping people learn Yoga, but not so much with digital marketing.
You will need to be an expert at creating targeted advertising. Make sure you know how to set up ads and the basics of creating a re-targeting campaign.How to create your own online advertising agency
Start by creating a list of businesses that need advertising and have money. Hint, all companies need advertising. We are specifically looking to target companies in large cities.
Pick one type of company you want to start posting ads. For example, maybe you want to start posting ads for Crossfit gyms.
Next, call every single Crossfit gym in every large city across the U.S. Calling is better than emailing because people ignore emails all the time. Your goal is to get one business per city to sign up for your advertising service. You will need a contract that you can send over for the business to sign once they agree.
Maybe you charge a monthly $2,000 advertising fee plus any money they want to spend on advertising. Let’s say your average Yoga studio has $5,000 each month to send your way. You get $2,000 and spend $3,000 on targeted advertising.
Now let’s assume you got 10 clients into a 12 month contract. At $2,000 per client, you’re now making $20,000 per month in advertising fees.
Take some of that $20,000 and hire freelancers to create high quality digital Crossfit images for advertising. Personalize them for each gym.
Learn how to create retargeting campaigns where people search on Google for “best Crossfit gym in Seattle” and now they see your ad on Facebook. Now you’re using that same advertisement for 10 different Yoga studios in different marketplaces.
Congratulations, you are now earning $20,000 per month setting up ads.
Click to Tweet! Please Share!Click To TweetAffiliate Marketing
Affiliate marketing involves selling someone else’s product for a share of the profits. You partner with another company and bring your marketing skills. The company brings the products and customer service.
For example, you might find a digital course with an affiliate program. The course sells for $99 and offers a 50% commission. You promote that course to your followers and make 10 sales. At a 50% profit share, you would earn around $500 for referring business.
Joint ventures are awesome because it allows you to focus on your advertising. You can stick to what you’re good at while the company can focus on making quality products.Where can I find affiliate products to promote?
Affiliate networks, like shareasale.com, are one of the best places to find products to promote. You can browse a list of companies and apply to join each merchants affiliate program.
The company will review your application to join. Approval is up to each company, but there are thousands of companies to choose from. Most companies are looking to see if you have an established website that works with their brand.