Posted by on May 30, 2015 in Business | 0 questions

The time of dotcom millionaires has long passed. If you want to make millions online, you are a little late to the party unless you have a truly original concept. But for the moment, we will be realistic. How much can you make online, assuming you are not the next Mark Zuckerberg?

Is it possible to make a career using just the web? Yes, it is. Many people do exactly that. Can you get rich? Define rich. You can definitely make a substantial living if you know what you are doing. We will run through a few examples.

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Hired Blogger

Congratulations, you have just been hired by a company to write blog articles online. This is sort of like advertising. You write a post and people click on it to see what it’s about, particularly if it has an intriguing headline. So how much money will you make? A realistic estimate would be one pound per every hundred worlds.

So if you are writing 600-word articles, you will make six pounds. But then we can assume you are a very skilled typist with the ability to type at one hundred words per minute. If this is the case, you can easily do one fourteen articles per day. So, per day you are making £84. Does that seem like a lot? Well, we will put it in perspective. On average, a freelance journalist will work nine to five at £10 per hour. Not too shabby.

But we can go further. A junior reporter (Journalist on a contract) will make fifteen to sixteen thousand per year. As a blogger you will be making twenty-one thousand and you are working from home.

Owner of a Blog

How much to blog owners earn? Well the top dog, the “Huffington Post” owner makes over two million dollars per month. Wait, before you start attacking your keyboard there is something you should know. The average blogger who is trying to make money earns about £3.50 per day. Just a fraction less. Yes, it is a competitive world, blogging. But there are ways you can tilt the board in your favour. You can look into hiring a digital agency. Companies like this will optimize your web company to make it the most profitable it can be.

If you are blogging full-time, then you may be operating several blogs. If this is the case, your chances of making substantial profits are vastly improved.

YouTuber

Well, if you can get the views you can make a fortune through advertising on YouTube. But do not underestimate how difficult it is to get noticed. Although it may seem like people will watch any old rubbish it can be a steep climb reaching one thousand views on a video. On average one thousand views equals two or three dollars.

So there, you have it. The truth behind the myth. We are not saying it is impossible to make your fortune online, but you should be realistic. You will need a lot of luck, a good idea and knowledge of how search engine optimization works.