Although it is possible to make money online, a lot of bloggers or small business owners fail to do so.
The main reason of not making money online is because you think is easy and when you realize that it is a lot of work, you get bored and give up.
I am working online since 2010 and based on my experience, I can assure you that it is possible to make money online but it requires a LOT of patience and hard work.
In this post, you will learn the 5 main reasons why you are not making any money online.
Towards the end of the post, I will also outline some solid ways to follow that work for making money online.
1. You don’t have enough traffic
To make money online you need traffic, this is how the online business model works.
If you are selling a high converting product you can make money with only a few visitors per day but if you want to make money from advertising you need a few thousands per day.
Without traffic do not expect to make any money online.
When we talk about traffic, in the minds of many people Google is the only way but this is not true.
There are many sources of Internet traffic you can use to meet your monetary targets but you need to know where to find them.
2. Your website/blog is too young
Don’t believe in everything you read about making money online. There is no magic way to make thousands of dollars in a few months and there is no magic way to make money without doing a lot of hard work.
This also means that if you just started a website or blog you will not make money any time soon, unless of course you created an exceptional product or website.
From my experience, you need at least one year (usually more) of hard work before making any decent amount of money either from AdSense, affiliate programs or through selling your own product.
3. You don’t practice good SEO
SEO is important for many reasons and if you believe that you can succeed online without following good SEO practices, then you are wrong.
Everything starts with SEO and I am not referring only to keyword analysis or content marketing but to the bigger picture which includes understanding your customers and using SEO to give them what they want.
The majority of webmasters still make mistakes with SEO despite the plethora of information about proven techniques that work.
4. You are not patient enough
They say that ‘patience is a virtue’ and when it comes to working online and expecting to make money from it, is more than true.
To help you understand how important is to be patient, take into account the following examples:
- It may take 3-4 months before you start getting any organic traffic from Google or Bing
- It may take a few months until you build a decent number of Facebook and twitter followers
- It may take months until you get your first RSS subscriber or comment in your blog
The bottom line is that you need to aim for long term success and forget about any short term temporary results.
5. You created a website for the sole purpose of making money online
Creating a website for the sole purpose of making money online is a thing of the past.
A few years ago you could create a number of websites, publish a few posts, build tens of incoming links and make money with Adsense, Amazon affiliate or other affiliate promotions.
It was a model that worked for a couple of years and some people who were clever and fast enough to understand this, made enough money.
This model does no longer work. You cannot start a website for the sole purpose of adding Adsense or promoting a particular product or anything similar to this.
Your website or blog needs to have a purpose which goes beyond making money.
You need to create something that adds value to the user by offering good content, free services and incentives for the user to come and visit your web site again and again.
When you do that persistently for a number of months, money will follow.
I know that it is difficult to understand this especially if you are a beginner to the online world, but take my word for it there are no shortcuts or overnight tricks.
How can you make money online?
I don’t want to pass the message that it is impossible to make money online, because it is far from truth.
To close this post with a positive message here are some tested ways to make money – if you manage to combine some of these methods together then you can make a living online as well!
#1 – Creating a website in a niche you are really passionate about.
You create a high quality web site with good content that offers value to your readers.
After some time you have enough readers and daily visits and you make money through Google Adsense.
#2 – Write a book or create an online course
Writing a book or creating a course about a topic you know very well and publishing it on Amazon (kindle book) or selling it directly from your website.
As an example, check out my SEO Course.
#3 – Create a mobile application
Create a mobile application and upload it to Google Play, Apple Store, Windows Store and Amazon Appstore.
The application can be either free and gain from advertising or paid. To make money from advertising you need to have many downloads (at least 200,000) and many active users.
To sell you application you need to have a good marketing plan. The competition is tough and without a marketing strategy it will be very difficult to make a decent amount of sales.
#4 – Sell your services online.
If you have the necessary skills you can sell your services online. This is not limited to IT or SEO or Internet Marketing.
Check out peopleperhour.com and upwork.com to see examples of services offered and wanted.
Speaking of online services you can check out our SEO audit services and our SEO packages.
These are the four main methods I have used successfully over the years and made a living online.
If you search more on the topic you will find other methods like selling on ebay or amazon, running an online shop, drop shipping etc.
I am sure that these methods work as well, provided that you stay away from ‘get rich overnight’ methods.
My best advice is to find out what is more suitable to your abilities (either technical or educational), study about it, find out what others are doing, make a plan and don’t escape from it until you get the results you want.