Archive for February, 2008

Making money with forums

Before I start this post I would like to appologise to our readers for my long absence from payment blogger. I am in the army for the last 3 months (and I will be there for 9 more months) so time is very limited.

Anyway, enough with me, let’s talk about making money with forums. In this post I wont tell you how to monetize a forum web site, but how you can earn money by selling services and products on other forums. Personally I use these techniques frequently with webmaster forums to sell sites or ads. It doesn’t matter if you are looking to sell a site, an advertising package or some ebook you wrote there are a few things you should take care of.

Reputation

Everything in the business world is reputation. In forums this is even more important as reputation is “trackable”. Most forums have the reputation badge, while others (like DP) have a specific user rating for transactions with other members called itrader. So let’s say you start right now with a forum, you have registered an account with the forum and you are ready to sell your product/service. At that point I would suggest you to stop what are you doing and pay attention to your reputation. Without a strong reputation in the forum it doesn’t matter if you give gold for free because none is going to buy from you.

Building a “name” in the community

Ok that part is time consuming, but it is very important as long as you wish to earn some money in the forum you have just got in. Bellow are a few things that you have to do before posting any offer:

Post in the forums

A member with no posts is not a member. You need to make as much posts as you can. Don’t post stuff like “Thanks, I like this” but try to be informative and helpful to the other members. By showing them that you know about what you are talking will create trust from the community.

Give something for free

People is going crazy when you offer them something for free. It doesn’t matter if this is a 2 page ebook or a descriptive article on a technique you are using. If you give them something for free your reputation will increase so give it a try.

Buy stuff from the marketplace

If there is a marketplace with itrader, then you should buy a few things before try to sell something. This is because this way you will be able to have a positive feedback itrader that you make you look more trustful to your future buyers.

Time to make some money

Ok now you are a well known member in the community with reputation and itrader, so you can post an offer. At this part the most important factor is of course the product you are selling, but still there are a few things that you can do to maximize your chances:

  • Try to be as descriptive as possible
  • Rate your own thread (yeah people like to see 5 stars in the top of the thread)
  • Make people bump your thread. How? Just leave a bit of information for pms so everyone will post “Please pm me details”

That’s it, I hope this article was helpful enough :)