Make Money From Adsense - Truth or Myth?

If you have been seriously researching online money-making opportunities, you will no doubt have come across Google Adsense and how you can make money from it.

Before we proceed though, it is appropriate to give the following warning.

Google Adsense is only applicable to you if you have your own website. If you are looking to make money by driving traffic to other people's websites (e.g. with Google Adwords and Clickbank), Google Adsense is not applicable to you.

What is Google Adsense? Put simply, it is a mirror image of Google Adwords. Just like you pay Google to drive traffic to a website, Google pays you if someone clicks on an Adsense advert from your site. Why? Because someone (now referred to as a "publisher") has paid Google Adwords to advertise for its link on your site. So if one of your visitors clicked on that advert, Google has made money thanks to you and therefore gives you a cut.

Again, this sounds like magic, free money. And many people now advertise on the Internet how to make loads of money through Google Adsense. Should you believe them? No, not until you have read the rest of this article.

I would recommend anyone who owns a website to open a Google Adsense account. I have, and you are seeing Adsense adverts right now on this page. If you click on any one of them, Google will pay me some money at the end of the month by check.

But this does not, and will never mean, that I will earn a living with Google Adsense. It is only one of the many residual incomes I intend to build, and so should you if you are serious about making money.

Here is the advice I will give you on money-making opportunities from Google Adsense:

1. Never take it as your main source of income. Either your business will never prosper, or you will soon be running a loss;

2. Even more importantly, do not expect to make money from Google Adsense by driving traffic to your website using Google Adwords! The logic for this is simple - Google only gives you a fraction of the money it has earned. It would be silly to pay Google 20 cents on Adwords and earn 5 cents on Adsense in doing so.

3. Unless you have a website that attracts thousands of quality visitors every day (such as www.thisismoney.com), you will only earn a few dollars, or maybe less, a day from Google Adsense. Bear this well in mind!!

4. Once you have put Google Adsense on your website, the temptation is there for you and your friends to be clicking many times on these adverts with a view to making money for yourself. Google calls these clicks "invalid clicks". And Google tracks such invalid clicks. Not only is it unfair on the publisher who is paying Google Adwords, but Google will identify such invalid clicks within days and close your Google Adsense account. It really is not worth it, so do not even try it;

5. Do not entice anyone to click on your Adsense adverts by explicitly requesting them to do so on your website. Again, Google will track this and close your account.

6. There are some Adsense keywords that pay more than others - it's all a matter of how much publishers are prepared to pay for these keywords on Google Adwords. So keywords such as "multiple scelerosis", "Asbestos", "Breat Cancer", "Make Money", "Ebay", "Satellite Navigation System", "Digital Camera", "Debt Consolidation", "IVA" etc. will pay more on Adsense;

7. Do not put Adsense on your website if its content relates to matters such as porn or gambling. Google does not like that and may refuse to open your Adsense Account;

8. Given all of this, the best way to earn a small residual income (that should never be your main income) using Google Adsense is to drive free traffic to your website. This can be done through several ways, e.g. word-of-mouth, blogging on other relevant sites and leaving your website link on them, inviting other people to put their relevant website links onto your website, driving traffic to someone else's website and asking them to do the same to you. If you are interested in doing so with me, please contact me and we can discuss;

Altogether, remember that Google loves relevant content and will pay you more the better quality traffic it gets and the more it earns for the keywords it got paid from on Google Adwords. But any form of abuse will result in your account cancelled. Google, like Ebay and Paypal, is a multi-billion dollar business. It will spend millions of dollars in preventing, detecting and removing abuse.

Here is a selection of useful ebooks about Google Adsense. If you are serious about boosting your income through Adsense, just like with Google Adwords, it is definitely worth spending some money as an investment in order to learn more about it and earn more. Also, it will reduce the time you spend learning about Adsense "on the job".

1. Keyword Elite: An expensive ebook but great content, advice and layout for both Google Adwords and Google Adsense;

2. Wordpress Adsense System: This is mainly about optimizing your revenue from Google Adsense on your website;

3. Article Directory.com: A great ebook that explains how to drive traffic to your website once you have your own site or blog and have opened your Adsense Account.

Once again, if you wish to link your website with this one, you are more than welcome to. Just add your own comments when invited to do so.

Google Adwords and Making Money

There is no doubt in my mind that Google, together with eBay, Yahoo and Amazon, is one of the biggest revolutions that the Internet has provided to us.

Today, Google is worth over US$100 billion simply because it has managed to successfully exploit the money-making potential of what is still its free service - the Google Search Engine!

How did it do so? With a product called Google Adwords. As I've said in my other blogs, Google's main competitor today is not Yahoo or MSN. It competes with the traditional, more established MEDIA companies like CNN, NBC, BBC etc.

Why? Let's suppose you want to advertise a product or service. A few years ago, you would have placed an advert in the newspaper, on radio and/or on TV. True, you can still do so today but you now have another great choice. To advertise on Google Adwords!

Google today reaches more people than any national TV company. And it only advertises your product to people who have shown a vague interest in it by typing some relevant keywords in its search engine. Even better, you do not have to pay Google a cent unless someone clicks on the link to the product or service you advertised. Now do you understand why it is a huge success?

So does this mean that you should use Google Adwords to make money online? The answer is No, you should use Google Adwords only to market a product or service online!

Google is great to divert traffic to your website - for the ordinary home-based business, there is probably no better tool. But it can be very dangerous - use it like a knife. The costs can rack up very quickly. If you are on a limited marketing budget, this will be costly.

Since I have lost over US$2,500 spending money on Google Adwords, I cannot claim to be an expert at it. But I am sure that if there is one lesson you can draw from it, is BE CAREFUL OF GOOGLE ADWORDS. It is not a licence to print money like some people claim. And if you do want to use Google Adwords to promote your product or service, be sure to buy an ebook on how to use it - I have given a selection below. The cost of one ebook will be far less than what you will WASTE ON GOOGLE ADWORDS if you do not know what you are doing. Trust me!

1. As stated above, use Google Adwords, only to market a product or service. Do not use it together with marketing sites such as Clickbank or Commission Junction to drive traffic to other people's sites. Clickbank wins, Google wins, the publisher wins, BUT YOU WILL LOSE!

2. Make sure that you have set aside a marketing budget to spend on Google Adwords and state your maximum spending limit on Adwords. Otherwise, you will literally burn money that you can't afford!

3. Make sure that you use the broadmatch function with the keywords you are buying - they will give you more visibility on Google;

4. If you own your own website, use Google Adsense too (see my related blog), this will give you a residual source of income;

5. Remember that Google Adwords ranks your listing using various criteria. The price you are willing to pay is only one of them, albeit a major one. A listing that generates more clicks can well be placed above yours if it is generating more clicks;

6. (5) above means that when you have started purchasing a keyword, you should expect to pay more. But if you have generated some successful clicks, you should bid less and hence reduce your costs. You may still be placed around the same average position or maybe even better.

7. Log into your Google Adwords account every day and monitor your costs. Otherwise, the costs will quickly spiral out of control. You can run a budget of several millions of dollars if you are a large company. If if you are the small home-based business who is marketing his (or someone else's) product, chances are that you are generating this marketing money out of your paycheck or savings. So clearly, this money is limited and means a lot to you. Actively monitor the keywords that are generating clicks, and lower your bids on those that have been generating clicks;

8. Remember, Google Adwords is like a car. It can be used to take you from A to B, but it can get you into a nasty accident. So just like you would learn how to drive a car before actually driving, I strongly urge you to buy one of the following ebooks and read thoroughly before you start using Google Adwords.

Whilst I have carefully chosen 3 ebooks to suit various extents to which you want to use Google Adwords, I think that they are all of value and the price you pay, in every case, is well worth what it can otherwise cost you.

(a) The Keyword Elite - a great ebook on both Adwords and Adsense that explains to you how to make the best use of each. As I describe in the Adsense section, you will not master Adsense UNLESS YOU KNOW ADWORDS. And this ebook tells you exactly what pitfalls to avoid when using Adwords. Suitable for anyone who wants to take their ecommerce business seriously and help it grow within years;

(b) Beating Adwords - this book does not go into as much detail on Adwords and Adsense and is much cheaper than The Keyword Elite. Ideally suited for people who want to become super-affilites;

(c) Google Is Making People Rich - this is ideal for starters and those who want to make money using Clickbank. Value for money ebook and there is not as much detail as the above two.

How much time will Google Adwords require from you? As much as you are willing to give. I spend about 1 hour every day reviewing my campaigns (when I run them). But you will need to do more than that - say 2/3 hours a day - when you start in order to get the hang of it.

And finally, remember that Google takes money by bank transfer out of your bank account each month. So make sure you have money to pay for the marketing. Non-payment will result in account suspension and a bad credit rating.

Good luck!

Be very careful of the make money items on Google Adwords. See why!

I have found the following article in another internet forum. It is really good - and I endorse it in every way.

Essentially, this reiterates the comment I made about Google Adwords - the tool that you will inevitably use if you want to market make money schemes.

Google Adwords, whilst revolutionary, is expensive for make money items.

I once spent $1,200 in one month only to generate $150 of sales.

I now market make money items on the cheap - i.e. without using Google Adwords. There are some affiliate links in the articles I post in my blog.

Instead, you are much, much better off making money in the short term on eBay. If you want to market make money items, make sure that you are not spending a fortune and you are not looking for a quick buck.

I carry on marketing make money schemes because 1. I want to share my experience of these with others and 2. I am passionate about it.

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ARTICLE REPRODUCED FROM ANOTHER BLOG:

There are a number good reasons why you should not go into the make money market. Below, I will give you ten of the more important reasons.

1. Your competition is highly skilled. If you think it is easy to compete in the make money market, think again. Your competition has mastered the art of selling, which means he or she will be an extremely tough competitor.

2. Other markets offer less resistance. The make money market is highly oversatured with sellers. For this reason, it is tough to claim decent positions on search engines. This is not so with all niches.

3. The learning curve is high if you're inexperienced selling make money products. Since your ability to train people to sell will be directly dependent on your ability to sell to them, many people will be reluctant to buy from you unless your presentation is far beyond average.

4. Even if you sell within the make money market, your target audience should be small, not large. You want to find a specific group that can be matched to a specific product you will produce or have already produced.

5. Other products are easier to market. When it comes down to it, people are highly suspicious of any type of make money product or service. If you're selling something else to them, chances are that they will be considerably less likely to worry that you are trying to rip them off.

6. Buyers in the make money market may be more likely to return products, as they perceive sellers to have tricked them if they do not succeed in making money with the product (which they usually don't, no matter how good it is).

7. Buyers wont judge your product on how it should be presented according to protocol that is normally used for make money products. Instead, they will look at the list of features you have provided.

8. You're better off in the long run if you pursue a field in which you are interested, rather than simply a make money field. If you don't have any serious interest in your product, you will more than likely do a poor job creating and marketin it.

9. Other markets can often be more profitable. Even though you've heard about those million dollar days, there are other industries which can be just as profitable, provided that you spend the time to select the right one and to cultivate profits.

10. If you don't have a background in making money with some specific system, you may be better off creating a book or product on some area in which you have specific expertise.To reiterate, there are many business models you can create; however, a business model that caters to the make money crowd is almost always a mistake.

The Truth Behind Make Money Schemes Online

Welcome to my blog, a comprehensive and objective review of “Make Money” Schemes currently available on the Internet. Its aim is to provide people with an unbiased, well-researched and thoughtful opinion of the various money-making schemes currently available online.

I have spent over 2 years researching and experimenting with the various online make-money schemes and would like to offer my views on them to anyone who is considering spending time and money on them. I have spent over $2000 buying such info on the Internet and spent over 2,000 hours of my evenings and weekends putting them into practice, all with mixed results.

So are you interested in making some money online? And you are not sure whether the scheme(s) you are interested in are scams or genuine? If this is so, then you’ve come to the right place.

Here, you will find

• What each of the schemes marketed entail – and yes, this includes information that they do not tell you about. Where it’s useless, you will be told it’s useless;
  
  
• How much effort investment, in both time and money, does each scheme involve – let’s face it. All schemes will NOT fit everyone’s skills, lifestyle and financial goals. Some require 30 hours of work a week, some only 3 hours a week;
  
  
• What are the realistic earnings for the new, inexperienced starter;
  
  
• Other people’s assessments of the various schemes and their comments on the opinions given (see “Forum” section). If you are moved to comment on a particular scheme or share your ideas, feel free to use the Forum.
  
  
• Some schemes that I have carefully selected as “best in class” for that category, having purchased, used and assessed dozens of schemes in most of them. If you feel that this particular scheme suits YOU (and only YOU can decide that), click on the link provided to read more about and purchase; Where I have not provided any “best in class” link (i.e. under the Sex category), it means that I do NOT recommend any products in that category;

Remember though, only YOU can decide whether a scheme is for you. If you make a wrong decision, you WILL LOSE SOME MONEY AND EFFORT. If this site lets you make a more informed decision, then it’s been worth your effort and my effort.

About Me

My name is Ashwin. I am 30 years old and live in London, United Kingdom. I graduated in economics from Cambridge University and went on to qualify as a chartered accountant. Today, I still have a day job as a Senior Financial Analyst in a major Oil & Gas company and have previously held various blue-chip positions.

Why do I hold on to my day job? There are 2 reasons for this:

• Money does not buy everything in life. I think that most people would not be as happy as they think if they landed a large sum of money or a regular income for nothing. Career prospects, job profile, intellectual challenge and fun also do matter in life at all levels.
  
  
• It’s not worth risking everything on internet income. Remember the dotcom crash in 2000-01? Whilst unlikely, such an event may always occur. And I would extend this advice to YOU too. Do not substitute any money-making schemes for the more traditional ways of achieving any financial goals. Work harder, cut down on spending, refinance your debts. Treat internet income as a bonus – don’t rely on it to pay your rent or your mortgage!
  
  

Is there money to be made on the Internet?

The short answer is YES. There are no “ifs” or “buts”. There are thousands of people out there making money online. Just consider the following factors to reinforce this view:

• Google today is worth over $140 billion. And most of its revenue comes from internet advertising;
  
  
• “…the vast roll-out of broadband, which they claim has finally made the age-old promise of the internet - fast, cheap, universal connections - a reality.
  
  
• Online retailers are now seen as retailers, not as 'dotcoms'. And a new range of businesses selling downloadable products and services is taking off.” (http://www.thisismoney.com/, 8 November 2006);
  
  
• People are now more accustomed to the idea of paying with their credit/debit card online. This is due to several reasons:
  - The growth of card payments as a replacement for cash and check;
  
  - The growth of Payment Services Companies such as Paypal, Nochex that go at lengths to keep your card details safe;
  
  - Better fraud prevention and fraud detection techniques online. Did you know that it is safer to pay online with your card than to hand your card to a waiter in a restaurant who then goes away and swipes it? You are more exposed to fraud in that restaurant – FACT!

However, if there is one lesson that I want you to take away from this website, it is the following:

You will come across many, many schemes where people claim to be making thousands of dollars every day using their particular techniques. And they propose to share these techniques with you for, say, $30. The realities are that:

• It’s true, they do earn thousands of dollars every day as evidenced by their scanned copies of bank or Paypal statements;
  
  
• Their technique is actually useless – they make these thousands from selling the information to people like YOU AND I!!!!
  

You need to be really, really careful of such schemes. This is the hidden fact that they never tell you. And why should they? They would be out of business otherwise.

I am currently in the process of writing my reviews on the following. The links I have put on to some keywords are for illustration only and I would urge you not to buy any of these products until you have read my reviews in the other blogs I have under http://ecashmint.blogspot.com

• Paid surveys;
• eBay;
• Google Adwords and Clickbank;
• Football;
• Stockmarket;
• Miscellaneous "Get Rich Quick" schemes;

I look forward to your comments on my reviews too.

Another blog that, in my view, has a wealth of information on these matters is http://newbieprofitschool.blogspot.com/


Please feel free to email me at pinoop411@gmail.com

Thanks!