Wednesday, March 19, 2014

What's Your View on the Best Way to Make Money Online?

I thought it might be interesting and fun to take a poll of blog readers' favorite way to make money online.

Of course, there are hundreds of ways to earn money out there so I can't list every option available, so I figured that I would include 5 of my current favorites and an "other" option.  If your favorite falls into the "other" category, please feel free to say what it is in the comments.

My current favorite ways to earn online and what I like and dislike about them are:

Amazon MTurk - This is the one that I started out with.  I like it because it is easy and free to use, plus there are always lots of choices and you can sometimes get paid within a few days.  I dislike the fact that the payment rates have got lower and lower over the years. 

Bubblews - The "new kid on the block", Bubblews is easy and fun.  I like it because there is a social element and the payments are reasonably generous for this type of site, plus the "bubbles" rank reasonably well in Google, all things consider.  I didn't like it when they raised the payment threshold from $25 to $50 however, and their website can be very glitchy, plus they occasionally don't pay you and there's no explanation.

HubPages - HP is free but demands more long term commitment than MTurk and Bubblews.  It is basically a writing platform where you share in the advertising revenue, which comes from sources such as Google Adsense, Amazon Affiliates, and HubPages own advertising scheme.  I like the community at Hubpages, who can be very helpful if you want help or an opinion on something.  I dislike the fact that HubPages has been consistently hit by Google since 2011 and is nowhere near as lucrative as it used to be.

Squidoo - The main rival of HP and another open platform writing site, or "content farm" as these sites have been labeled by their detractors.  Like with HP, you write and post articles and share in the advertising income.   You could make quite a bit of money off Squidoo and HubPages at one time, but they are both suffering under the Google changes to their algorithm.

Creating My Own Hosted Blogs/Sites - I've been running my own earning sites the last few years, with some remarkable successes, as well as some dismal failures.  Hosting your own earning blog requires quite a bit of commitment, mainly time wise but also financial (buying the domain and hosting services) but pays off if you stick at it.  The technical side is actually pretty straightforward nowadays with hosting services like HostGator and Bluehost enabling you to easily download and install free blogging software from Wordpress for you to use with your domains.

Anyway, here's my poll, and an opportunity for you to give your vote (and comment?) on which online earning site is the best?

What is your favorite way of earning online? free polls