6 Ways To Make Money With Yahoo Answers

Like with any other money making idea…most of them are good, but the number one reason why failure is common…they lack direction. Not this time. There are many ways to make money online (as you have seen by reading this blog) but let’s focus on one of the thousand: making money with Yahoo! Answers.

If you have been around the world of affiliate marketing for a while I’m sure you have heard of this marketing method before. Both success and failure; and, how it no longer works. Well, this is because most people want to talk about spamming Yahoo Answers without providing a service. Let’s take a look:

Way 1 :  Yahoo! Answers is one of the fastest growing social networking sites on the internet when it comes to user generated content. Just like the old Radio Shack slogan…”You’ve got questions? We’ve got Answers.” The same goes for this site: everyone has a question - someone needs to provide the answers. Even though Yahoo as a company has been divided up more than the West Bank…Answers seems to be doing well. Assuming you want to follow my advice and earn some cash…you have to make one promise: the goal is to help people. It’s amazing who is willing to PAY you to help them. Time to state some guidelines:

* Start using your account: Don’t go and create 175 accounts like some recommend. Yahoo will flag your IP if you do this. This account will be your “bread and butter”….start answering questions authoritatively. For right now, that’s it…your only job is to answer. People won’t listen to anything you have to say unless they trust you. The object is to build trust by gaining points: here’s how Yahoo Breaks it down.

  • Ask a Question: - 5 Points (they evidently want to encourage giving vs. taking)
  • Vote for a Best Answer: + 1 Point
  • Answer a Question: + 2 Points
  • Choose a Best Answer for Your Question: + 3 Points
  • Answer Is Selected as Best Answer: + 10 Points

Even though there are more rating details to cover…those are the basics.

Way 2 : When choosing questions to answer, let me show you something I thought of while researching this: go to the homepage of Answers and do several search queries in the box: website, URL, site…you might even try “link.” Check it out >>> As you see, people are ASKING you to TELL them which Hosting site to use. Don’t use this technique until you’ve mastered step 1: helping people. Or in the case of “url,” they are asking for a specific link. This can go for any industry, not just web hosting: which site is best for buying ringtones, digital cameras - you name it.

Way 3 : When answering, it’s important to keep in mind certain SEO aspects. How many times have you Googled something and seen Yahoo! results? On a side note, I find it incredibly funny how Google views Answers as an authority website…I guess it’s kinda like Fox News; Fair & Balanced. Moving on, just like writing content for a website, your answers will be indexed…and, especially the ones with your links - make sure you’re targeting desired keywords. Every time you answer a question…keep in mind someone could view it 2 years from now.

Way 4 : Now its time to figure out what links you want to promote. If you own your own website you’re already ahead of the game. This saves you time in dealing with the headache of which affiliate offers allow you to promote on social networking sites. Some have strict stipulations on using Facebook, Myspace…etc. Some network’s I have used in the past (and have advertisers allowing slightly blackhat marketing techniques,) are: Azoogleleads.com, RocketProfit.com, ClixGalore.com and ClickBank.com.

My advice is, get with your account manager (they are on your side) and let them know what you are trying to do. Look for a niche market besides common ones such as web hosting. The less answers being supplied, the more likely yours will be chosen as best….therefore your rank increases.

Way 5 : Be active in the Answers community. Just like Facebook & Myspace, add contacts to increase your trust. This is also a good time to start up a second Yahoo account…if you’ve been diligent in building up the first one, becoming an authority on subjects and having been selected for “Best Answer” numerous times, the Yahoo gods won’t flag you for creating a second account. Using the new account you’ve created, answer questions in totally different categories to increase your “market share.” Rinse & Repeat the above steps.

Way 6 : Links vs…original answers should be about 5/100….if you have 100 answers I wouldn’t advise you to have any more than 5 quality links touting your ads. I know this is much different than other tips given on this subject….but this has worked best for me. Yes, this will take a lot of effort to start up, but there’s no reason to waste all of your hard work by being greedy.

Let me know how it works.

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12 Responses to “6 Ways To Make Money With Yahoo Answers”

  1. Darni Says:

    I have considered to promote affiliate products before but I give up the idea.Because it seemed that many questions was asked many years before.But I change my mind after I read this article.Because even the people who asked questions would not see my answer,many people may find my answers in search engines.

  2. Limo Hire Says:

    It’s a very good post I have come across.I really like this post very much.It’s a very appreciated post.Thanks for sharing.Keep blogging.

  3. simond d Says:

    Good post, I think it’s worth saying that these methods do take a lot of time and effort but as you mentioned the SEO benefit can be really positive.

  4. samantha Says:

    I use a similar approach to yours, except I follow a 80/20 rule. So for every 100 answers 20 of them have links to my sites. Either way you give good advice.

    The only thing I would add is to be weary of the yahoo answers top contributer community. If they target you and feel you are not contributing they will flag your posts until your account is suspended.

    The results from yahoo answers can be phenomenal but you have to be extra careful.

  5. Hotel Central London Says:

    Thanks for an insightful post. It’s very interesting post.These tips are really helpful. Again thanks for sharing your knowledge with us.Keep up the good work.Keep blogging.

  6. Otto Shieh Says:

    OK, mental experiment here: try looking at this from the standpoint of a five year old, then a teenager, then a young parent and finally a retired person. This kind of perspective really helps to clarify this situation for me.

  7. Geraldine Says:

    i also want to make money online that is why i immediately joined the google adsense program and also read a lot about making money on websites and blogs. i am also trying to learn affiliate marketing.

  8. Stephen Says:

    Thanks for that,

    I’ve been nervous about submitting to yahoo answers ‘cos I don’t feel confident enough. Think I’ll give it a go after reading this - thanks for the boost!

    Steve

  9. social bookmarking Says:

    This is very good idea. This is the easiest way to earn money for me. Keep up the great work, you are providing a great resource on the Internet here!

  10. Make Money Free Fast Easy Says:

    Excelente tips, very interesting an useful. I have used Yahoo Answer for a long time and it is realy good!

  11. sumitha Says:

    You definitely have a great post over here! I am starting to understand better how making money using comments. Thank you.

    free nexon cash

  12. video converter Says:

    I have done this a lot but i think there must be some secret on yahoo answers like how to fine the best questions to answers.

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