There are many ways to make money online, the trick is to pick an area where you can grow virally. In markets like online dating it is completely packed and no new players have any real chance of competing. True.com has spent well over $70 million the past 2 years and gone no where, the main problem is 30% of your user base leaves the site every month and you need huge word of mouth to sustain membership. Without viral you have to spend $6.00+ per free signup and there is no way to make that kind of money back via adsense.
There are still a lot of makets you can enter where you could generate 20 million a year plus from adsense. The only problem is that you have to be 1st. If you are late to the game you need to buy your way in, and that rarely works.
1. A free monster.com clone, maybe with a ebay like reputation system.
2. A social networking/ stock/money portal with a built in digg.com clone to highlight user generated "research reports" or "articles".
3. (adsense for search) Sites that distribute toolbars, google is making over $30+ a toolbar user per year. The major battle these days are all about toolbar distributions as they are such huge gold mines. You can create a massive online empire like websearch.com did via funwebproducts.com (its their secret "toolbar install") 13% of my US traffic has their toolbar installed. (Askjeeves.com bought them) The lesson here is give away products for free and make hundreds of millions via toolbars.
4. A travel site that lists the top 10 destinations in each city with a breif description about each. The site would be built on a digg.com like structure and focus on finding great vacation spots/ destinations. Sort of a trip advisor site taken to the next level.
These are just ideas I came up with in a few minutes, there is so much money out there to be made, but so few people are really going for it. I think its time people stop hyping web 2.0 crap and start promoting real ideas that have real business models.
June 9, 2006 at 7:27 pm |
[...] Take a look at other interesting ideas and his comments on them here: “How to make a lot of money online via adsense” [...]
June 9, 2006 at 8:33 pm |
Firstly, I think you and the success of your website are truly amazing, and I congratulate you on that. Your insights, although brief, make a lot of sense and they certainly seem more credible to me coming from someone who’s been there and done that.
I think the trend now is towards sites that are free, simple, that connect, inform and allow plenty of user contribution. The focus is on the user, and users are easily overwhelmed by messy sites with too many things and too many functions. Once an idea goes well with users and traffic is high, making money wouldn’t be difficult at all. I’m sceptical of the web2.0 and ajax hype as well, as I feel some things are better kept simple.
Your ideas sound feasible… I have several ideas in mind too, but I don’t really know any like-minded individuals to team up with, and I simply don’t have enough technical/business expertise or time to really get anything going. If I quit my phd scholarship, I’ll be deeply in debt. But this is certainly a dream I’ll pursue one day!
June 9, 2006 at 8:51 pm |
good stuff, been following your convos on IRC too
June 9, 2006 at 10:07 pm |
Thanks for picking a post of mine from Oct 2005 to illustrate your “web 2.0 crap” point :-0
One question: how many entities or individuals out there are earning “20 million a year plus from adsense”?? I don’t have any stats on that, so would be interested to know.
June 9, 2006 at 10:45 pm |
Pardon my ignorance… how does the distributing of toolbars thingie work? I mean what’s the business model?
June 9, 2006 at 11:59 pm |
Stop hyping web 2.0 crap and promote real ideas huh? How are any of your suggestions any different thany anything web 2.0 related? Isn’t digg considered web 2.0, yet half your suggestions are to copy digg, which has now been done 500 times. It’s not as simple as slapping a couple adsense adds on your site. You Tube probably has 50 times that traffic POF does but they don’t seem to be making 20 mil.
June 10, 2006 at 12:17 am |
Funny, what you are proposing is very “Web 2.0″, namely get rich off of users creating your content flow for you.
In other words, you set up the water-mill, let them be the river.
June 10, 2006 at 12:58 am |
Great info. The tool bar idea sounds intresting. Love the travel idea. Would have thought that there will be huge compettion in this area. But think about it there is probably still room to get in.
June 10, 2006 at 3:35 am |
I see alot of potential in the free Monster clone. Especially if you make it free.
There is also alot of stuff in the social networking genre. Not neccessarily another MySpace (actually, just plain *not*) but sites that compliment them with functions for users of those sites. Especially if you tap in the ability of users to send messages to all of their friends at once, you can quickly go ‘viral’ if you have a good product.
June 10, 2006 at 3:43 am |
What about not getting rich and creating something.
June 10, 2006 at 11:49 am |
What’s wrong with getting rich? You don’t get a top 1000 alexa site without creating something.
June 10, 2006 at 9:53 pm |
Right on Tom, You can be useful and rich at the same time – the two usually go hand-in-hand. If a person isn’t comfortable with having money, then take the profits and give them away.
June 10, 2006 at 10:40 pm |
But then, even if you have the best idea, and you’re hard working AND you’ve got the content…you can’t do anything without web programming/designig, which costs a lot if you don’t know it yourself.
A.H
June 10, 2006 at 11:44 pm |
Adsense doesn’t accept adult sites. Is there a good adult adsense type alternative out there?
June 11, 2006 at 1:38 pm |
[...] As Markus of PlentofFish put’s it I think its time people stop hyping web 2.0 crap and start promoting real ideas that have real business models. [...]
June 11, 2006 at 5:03 pm |
[...] Passend dazu finden sich dann im Eint Weblog eine kleine Zusammenfassung wie man 3000 EUR pro Monat mit Google Adsense verdienen kann, und kloeschen berichtet wie er eine 2000% Steigerung seiner Klickrate auf Adsensen erziehlen konnte. Am Ende gibt es hier noch ein paar Tipps wie man auch, natürlich ganz locker, viele Tausend Euro mit Adsense verdienen kann. [...]
June 11, 2006 at 6:25 pm |
Wow, this kind of stuff really gets the blood pumping. Wish I had more technical knowledge, I would be there in a flash. Mick http://rockwatching.wordpress.com
June 12, 2006 at 2:09 am |
What do you all think of Ruby on Rails? Is that just web 2.0 BS too?
Brad
June 13, 2006 at 1:48 am |
When I think of some of my SEO clients in the architectural house plans industry – many of them what to grow virally, but they can’t really make a dent because the market is saturated with sites that all look like each other. To make a dent, you have to be first at something, or as Marcus says, buy your way in. But no one in their right mind wants to buy their way into the saturated house plans industry.
And it’s the same way with many other clients – they all want free traffic, traffic they think Search can bring them, but Markus Frind probably does not worry about Search – he does not need to …people are Searching for his site.
Man …. I just wish I could harness all these ideas like Marcus Frind has! 10K a day for two hours of work….that’s phenomenal, and probably done on a relative shoestring.
June 14, 2006 at 6:21 am |
How about an adult social networking site, how can one make money from that, of course, it would use the same FREE membership route. Look what they are doing over at http://www.smutvibes.com
July 7, 2006 at 4:49 pm |
Where does Markus hang out on IRC?
July 10, 2006 at 11:37 pm |
Marcus, I met you at a mutual friends birthday party and I work with Martin. Glad to see someone has finally cracked the web wide open! Nice work! If your feeling bored, send me some feedback on my site, err.. maybe the best way to make the most $$ out of it. I just launched it a few weeks ago. Anyhow, take care! Great stuff!
July 24, 2006 at 9:26 pm |
The problem with #3 is that google does not allow people to use adsense for search with custom toolbars. Though, I suppose that if you commanded enough traffic something could be worked out…
July 25, 2006 at 10:14 pm |
[...] Die Idee hinter diesen Portalen ist einfach: es wird ein bestehendes Angebot nachgebildet und kostenlos angeboten. Finanziert wird das ganze im Erfolgsfall dann durch die Google Adsense Anzeigen. Besonders gut eignen sich dafür Anzeigenportale. Einige Ideen für weitere Portale hat Markus Frind zusammen gefasst. [...]
August 2, 2006 at 2:26 pm |
I’m learning something new on this site. I think ‘adsense’ will be very exciting. I think its about time for me to use adsense..
August 7, 2006 at 11:28 pm |
Markus, thanks so much for your blog posts. Really great stuff. Much appreciated out here!
August 9, 2006 at 2:36 am |
Great story!
BTW – what software are you running?
Did you code it yourself?
Cheers,
Dan
September 26, 2006 at 9:59 am |
id really love to join the blogging activity but im just not sure how it works please give me a method of how it works.id really love to make money
January 8, 2007 at 4:06 am |
how can i make money on the internet?
February 10, 2007 at 2:50 am |
[...] claiming to compete with Match.com it’s a pittance. I don’t want to detract from what Markus has done, but my question would be how do you scale this business? More eyeballs and ad-clicks? PlentyOfFish [...]
June 27, 2007 at 2:43 pm |
[...] motivation, please read the Plenty of fish story. In his blog, Markus, the CEO of Plenty of fish mentions some ideas which are still not found on the [...]
July 2, 2007 at 11:23 pm |
Doing something REALLY new and original online has become near impossible. I’ve experimented with adult sites, tech sites, matchmaking sites, pretty graphics sites in flash, and ugly sites. I taught myself html, xhtml, php, javascript, some C and c++, flash, and CSS. I have tried white hat and black hat techniques. I have tried about everything that can be found on the internet about how to build a big money making site. Despite this, I never made any big millions. I quit messing with sites back around 2002, when I shut down my last adult site and Ebay stores. I was plain disgusted with trying to barely break even.
Hat’s off to people like Markus, who really made it. I often wonder though if there is not more to it than meets the eye. I don’t know much about the man. I suppose he must either be a marketing Wizard, or know some one (or organization of people) who is. Judging from the sh&*T they sell on TV late at night, I suspect you could sell some dumb!@# his own soul if you could buy the advertising!
But… Like everyone else who sets out to make money online, I still cling to that hope that I’ll eventually stumble across something that will make money. I might be happy just to make a living at it! One thing is for sure though — You can write Code till you choke. If you can’t market it will never make a difference.
The internet and having your own internet money machine is portrayed as a place with endless amounts of money just waiting to stream into your pockets. The fact is that the money is really going mostly to the people who are telling you this. Who are those people? Those people are Google, Yahoo, MSN, and many other big-time companies who were either conceived with the internet or had deep pockets and rich ties. The internet folks, is not this unsettled wilderness just awaiting some pioneer to come along and stake a claim. It is much more like a Kingdom with Landlords, and the Dukes are who REALLY stand to benefit. Nevertheless, stories like Markus Frind, keep people hanging on. I have once more come back to the internet to try and make a few dollars. Damndest thing is though, I had this brain fart about starting a FREE dating site, only to find out that Markus has already done it. That shows you how out of the loop I was. I put the site up any way, crossed my fingers, and maybe, I’ll manage to break even on hosting costs soon. Oh well, beats the hell out of gambling on the lottery, I guess. That’s just my take on it.
August 13, 2007 at 3:30 am |
I created this site ( http://www.fruitsmoothierecipe.barevhost.com ) , but first, ofcourse i did a lot of research, found that the topic is of low competition but high in demand. I managed to get lots of traffic from MSN, , yahoo, and from referrals. But true to what gurus say that NO MATTER HOW OPTIMIZED AND WELL-DESIGNED YOUR SITE IS, YOU WILL NOT EARN MUCH FROM GOOGLE WHEN YOUR TOPIC GETS LOW-PAYING KEYWORDS FROM ADSENSE. So now another thing i learned is to get even more traffic than the usual traffic i get in order to earn big from my low-paying keywords topic.
September 24, 2007 at 3:25 pm |
hey,
are then specific niches you would consider for a newbie to start with?
http://www.planetsms.co.uk
November 12, 2007 at 8:32 am |
Well, I can hardly believe how quiet it is here…… a place where Markus sets the pace????
Anybody who does what he has done (on and off the Net) is sure worth listening to with a lot of respect.
Not only been there done that – is still DOING IT!
Markus, if you do keep an eye on this blog of yours, I would like to here more of your opinions philosophically, financially and fun. ( I do think you must have one helluva sense of humour)
Sock it to ‘em!
November 20, 2007 at 10:33 pm |
I’m wondering which guru is going to come out with the all new web 3.0 tactics first, lol Right now they are all cross promoting the “Google Assassin” program trying to get a sale from their bonuses they each offer. It looks and sounds good so if someone out there has purchased into this one we would all like to know how it works out. A no hype zone but honest informative communication would be nice.
December 5, 2007 at 8:34 am |
Wow! I love this post. I am learning the huge money any individual can get from adsense.
December 7, 2007 at 4:28 am |
this is new way for me to monetize my adsense account and get big check. Thanks for the idea.
December 14, 2007 at 12:36 am |
Adsense is good if you have a good niche that pays well or you have heavy traffic because with a $0.05 per click on very low traffic will not put food on the table.
But there are alternatives like Adbrite, Kontera, etc.
Even audio pays well too.
December 19, 2007 at 11:42 pm |
Good points there. About the search bar making money idea, Agloco tried that. They’re a company that pays members to surf the web and they make the money from when members use the search bar. Unfortunately I got an email saying that they are shutting down because they can’t sustain themselves. Wah!
I’m gonna try and make money with a blog instead.
http://imakemoneyhoney.blogspot.com
February 9, 2008 at 4:41 pm |
Well you certainly hit the nail on the head. People need to see refreshing and easy to browse websites instead of frilly fancy looking ones. I started mine late in 2007 and many people have said to me what a refreshing change it is.
I have only really starting marketing it properly in January but reckon in a years time should be pretty well rated all round. Hope so anyway.
May 13, 2008 at 5:09 am |
There is surely lots of money to be made on Adsense. and I used to really make it work but suffered from the google slap and now I like the new system on ebay revealed in David Fransko’s new book. You can get a free 30 minute audio from http://www.crusherbonus.com where he explains the overview of how this works his tips and tricks are long overdue and completely in compliance with ebay terms. Check it out I hope you like it. Multiple streams work well in case one drys up its nice to have more. Thanks Craig
May 29, 2008 at 1:21 pm |
http://www.howwhatwho.com
June 29, 2008 at 7:46 am |
I’m gonna try and make money with a information and news site instead.
July 4, 2008 at 6:36 am |
http://www.livedatelove.com
September 24, 2008 at 5:29 am |
Thank you for great article. I’ve been reading a bit about how people can make money off their Web site by joining up with the Google AdSense program, but I really don’t understand how it all works. Do I need to find advertisers? Do I bill them for showing up on my site? Or does Google do all this? I found one is about google strategies, Pls check how its really work http://www.google.com/adsense
October 8, 2008 at 7:37 am |
I’m gonna try this thanks
October 13, 2008 at 4:57 pm |
Great discussion here! Adsense works. I freelance from home but I just joined this company for free and they are one of Fortune Magazine’s top 100 fastest growing company! No selling, no inventory, easy and best of all, YOU make money. Check it out!
October 22, 2008 at 12:04 am |
I have a few sites/ online businesses. It’s all about multiple streams of income. I paid to have one of my sites optimized for 20 top key phrases; guaranteed to be on page one of all of the search engines (what a waste of money, but that’s a different story). Once you have a site getting 5000 hits per day you can make a lot of money simply by placing ads on your site. You get paid every time someone clicks on one of your advertising links
October 23, 2008 at 5:21 pm |
i will like u to link me so that i will be rich
October 26, 2008 at 10:43 am |
I hope I will make a buck or two someday with http://www.carscase.com.
October 27, 2008 at 6:35 am |
I have a few sites/ online businesses. It’s all about multiple streams of income. I paid to have one of my sites optimized for 20 top key phrases; guaranteed to be on page one of all of the search engines (what a waste of money, but that’s a different story). Once you have a site getting 5000 hits per day you can make a lot of money simply by placing ads on your site. You get paid every time someone clicks on one of your advertising links
October 29, 2008 at 11:52 pm |
Adsense is a dieing trend these days, however if your site is SEO’ed and you can generate enough traffic you can make some money with adsesne. I think it would be better to have many sites with adsense on them each making $5.00 a piece do the math 50 sites x $5.00 = 250$.
October 31, 2008 at 3:10 pm |
You Have A Great Blog Keep Up The Good Work ..Cheers
November 11, 2008 at 3:30 am |
This blog Is very informative , I am really pleased to post my comment on this blog . It helped me with ocean of knowledge so I really belive you will do much better in the future . Good job web master .
December 28, 2008 at 12:04 am |
I hope you all are enjoying great success in your online opportunities. If you’re new to internet marketing understand that the most successful Net Marketers are those that are persistent and diligent. Here to a prosperous 2009!
February 17, 2009 at 7:27 pm |
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March 6, 2009 at 6:27 am |
Your content certainly promoted some comments. All very useful when starting out with new money making ideas. Thanks, Ron
March 11, 2009 at 9:11 am |
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I’ll be checking back (good info)and hope to see you on Twitter!
March 16, 2009 at 1:37 pm |
Wow what a great post. Where did you get this?
March 17, 2009 at 4:40 am |
Let us find trick in point and effective to result money of Internet. As one we knows that at cyber’s the world there is millions dollar waits to reach for it. But don’t everybody get to reach for that money is squashy. Since it needs to process that very long and persistence.
March 17, 2009 at 9:20 am |
I completely agree with the travel idea. It’s amazing how little quality content there is out there to help people in the research phase of booking vacations… Fancy setting something like that up? If so drop me a line. I do travel content… professionally.
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March 25, 2009 at 4:30 pm |
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March 25, 2009 at 9:17 pm |
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May 20, 2009 at 12:42 pm |
I have a similar article but not as much popular on how to make money using google adsense at http://www.jimmythakkar.com/blog/how-to-make-money-on-the-internet-with-google-adsense
Regards,
ASHISH THAKKAR
July 2, 2009 at 4:55 am |
Very informative.Thanks you have done a good research on google.Keep it up